MBA (Master of Business Administration) Healthcare Management Jobs in India, Salary and Top Recruiters

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Lubaba Shaheen

Content Writer | Updated on - Jun 14, 2021

What are the MBA Healthcare Management Jobs in India? 

The integration of emerging technology like AI, IoT, and machine learning in the MBA Healthcare Management syllabus has further enhanced the scope of this MBA program for its students. MBA Healthcare Management students have vast career opportunities which includes job roles in sectors like Health Insurance, Healthcare IT, Hospital administration, Consultancy, Data analytics, Pharmaceuticals, Medical Devices, and Diagnostics.

According to ‘The Future of Job Report 2018’, World Economic Forum, there has been a prospective increase in MBA Healthcare Management jobs in the past decade. The healthcare industry is growing at 17% CAGR which is 3 times the current GDP growth rate in India.

MBA Healthcare Management graduates are introduced to the intricacies and diversity of the healthcare industry preparing them to hold higher positions like Hospital Administrator, Healthcare Manager, Medical Practice Manager, etc in the healthcare sectors with an average salary ranging from INR 5 to 12 LPA.

MBA in Healthcare Management graduates need to have several skills to get a proper job role in the healthcare sector. Given below are some of the skills these MBA graduates should possess. 

  • Industry knowledge
  • Leadership
  • Critical thinking
  • Relationship building
  • Ethical judgment
  • Adaptability
  • Quick thinking
What are the MBA Healthcare Management Job Sectors?

What are the MBA Healthcare Management Job Sectors?

With the rapid growth of the healthcare sector and numerous corporate hospitals mushrooming across the country, the demand for qualified and experienced healthcare managers has increased considerably. Also, health insurance has been emphasized lately which is adding the healthcare industry to thrive at a faster rate.

Given below are some of the sectors where MBA Healthcare Management graduates can find jobs.

Hospitals Nursing Homes
Telemedicine Cliniques
NGOs Health Insurance
Medical Equipment and Devices Medicine Industries
LifeStyle Clinics Outpatient care centers
E-health ventures Medical and diagnostic Library
Experience Wise MBA Heathcare Management salary

Source: Payscale

Why choose MBA Healthcare Management as a career?

The healthcare market in India is estimated to be the largest and rank amongst the top healthcare markets in terms of incremental growth by 2020.

The following as the reasons as to why more students are taking up MBA Healthcare Management as a career

  • Merging and acquisitions of domestic and foreign companies with the Indian companies leading to the growth of the sector.
  • Encouraging policies for FDI and the private sector in the country and a constant rise in private sector investments.
  • The rise of the healthcare sector is aided by a greater tapping of health insurance, this trend is likely to strengthen the sector in the next 10 years.  
  • Introduction of the National Health Insurance Mission which aims to cover the entire Indian population.
  • Medical tourism in India is expected to reach INR 67,000 crores due to the presence of world-class hospitals and skilled medical professionals.

gender wise MBA Heathcare Management Salary Percentage


 

Source: Payscale

MBA Healthcare Management Top Recruiters 

MBA Healthcare Management Top Recruiters 

Based on the data provided by various survey agencies, the diagnostic centers and hospitals engrossed foreign direct investment (FDI) worth almost $4.34 billion between April 2000 and March 2017. 

With the rise in the idea of medical tourism in India, there has been a huge inflow in the number of patients from around the world. This has resulted in an increased demand for medical facilities, which has created a range of opportunities for MBA Healthcare Management graduates.

Given below are the top recruiters of MBA Healthcare Management.

Star Health Siemens  Portea 
Fortis  J&J Practo 
Apollo  Abbott  Wipro GE Healthcare
WHO Cipla  Cadila Healthcare
UNICEF Glenmark  Max Healthcare
Pfizer  Columbia Asia Advanced Healthcare Resources of India
What are the MBA Healthcare Management Job Roles? 

What are the MBA Healthcare Management Job Roles? 

MBA in Healthcare Management program helps the students to acquire skills important for handling health care business and associated practices. MBA graduates can get jobs in both government as well as private sectors. 

Given below are some of the job positions offered to MBA Healthcare Management graduates.

Job Position Average Salary
Hospital CEO INR 12 LPA
Hospital CFO INR 9 LPA
Assistant Operation Manager INR 6 LPA
Physician Relations Liaison INR 4 LPA
Healthcare Information Manager INR 6.5 LPA
Oncology Coordinator INR 6 LPA
Medical Practice Manager INR 7 LPA
Hospital Administrator INR 4.79 LPA
Claims Manager INR 4.5 LPA
MBA Heathcare Management Salary Trends

Source: Payscale

What are the placement packages of the top MBA Healthcare Management colleges?

What are the placement packages of the top MBA Healthcare Management colleges?

The MBA Healthcare Management colleges like K J Somaiya Mumbai, Amity Global Business School, Universal Business School (UBS) have recorded high salary packages for their healthcare management programs with great placement records.

College Name Average Annual Salary 
KJ Somaiya Institute of Management INR 10 to 13 LPA
Chitkara University INR 7 to 9 LPA
Acharya Bangalore B-School INR 12 to 18 LPA
Lovely Professional University INR 8 to 20 LPA
Manav Rachna International Institute of Research and Studies INR 7.5 to 14 LPA
AIMS Institute INR 11 to 20 LPA
The Prestige Institute of Management and Research INR 6 to 8 LPA
M.P. Birla Institute of Management INR 6 to 8 LPA
Amity Global Business School INR 10 to 17 LPA
Universal Business School (UBS) INR 10.95 to 20.5 LPA
MBA Healthcare Management: FAQs 

MBA Healthcare Management: FAQs 

Ques. What are the top MBA Healthcare Management jobs in India?

Ans. Some of the top op MBA Healthcare Management jobs in India are Healthcare Finance Managers, Hospital Administrator, Clinical Operations Manager, Medical Director, etc.

Ques. Which are the industries open for MBA Healthcare Management graduates?

Ans. Some of the top areas of work for these MBA graduates are Hospitals, Nursing Homes, NGOs, Telemedicine, Cliniques, Health Insurance, etc.

Ques. Which are the top recruiters of MBA Healthcare Management in India?

Ans. Apollo, Fortis, Medanta, Cipla, Max Healthcare, etc are some of the top recruiters of MBA Healthcare Management in India.

Ques. What is the average salary offered to the MBA Healthcare Management graduates?

Ans. The average salary offered to the MBA Healthcare Management graduates in India ranges from INR 5 to 15 LPA.

Ques. Can MBA Healthcare Management graduates get jobs through campus placements of top colleges?

Ans. Yes, MBA Healthcare Management graduates can get jobs through campus placements of top colleges like LPU, AGBS, GIM, etc.

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Master of Business Administration [MBA] Healthcare Management Colleges IN INDIA

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NSHM Knowledge Campus
Durgapur, West Bengal
AICTE
2.47 L first year fees
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4.6 L first year fees
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7.82 L first year fees
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NIMS University
Jaipur, Rajasthan
DCI
1.5 L first year fees
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9.65 L Total fees
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AIMS Institutes
Bangalore, Karnataka
AICTE
9 L Total fees
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