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The MBA in Healthcare Management addresses the strategies and systems needed to grow and manage a healthcare business. This program teaches students how to improve internal and external collaborative systems. This degree opens up employment opportunities in hospital administration, hospital administration, and even senior positions in hospitals and pharmaceutical companies.
This blog explores various aspects of an MBA in Healthcare, including subject coverage, career opportunities, expected salaries, admission process, and entrance exams.
MBA in Health Care: eligibility criteria for the
The eligibility criteria for the MBA in Health Care varies from country to country and is set by university administrators, but as a general practice, a student should take the entrance exam at the cutoff percentile. must pass.
Further admission criteria are:
Students are required to complete a group discussion and a series of personal interviews.
Certain educational institutions prefer candidates with degrees such as BSc, MBBS, and Bpharm.
Admissions Process in Health Care Administration:
The admissions process for An MBA in Health Care is pretty much the same for all business schools. However, some institutions have their own requirements. In addition to the entrance exam, candidates must also pass face-to-face interviews and group discussions.
Here are the steps to secure admission to her MBA at Health Care:
- Secure 50% of overall score upon graduation
- 40% on SC/ST/OBC
- Clear entrance exams such as CAT, MAT, XAT, CMAT
Entrance Exam for MBA
MBA- Entrance exam, based on the percentile limits of the entrance exam. B schools have independent cutoffs, but most fall in the same bracket. Some universities conduct separate entrance exams to find suitable candidates.
Let's take a look at some of the common entrance tests used in the admissions process.
- Common Admission Test (CAT)
- Management Aptitude Test (MAT)
- State MBA Healthcare Management Exams
MBA in Healthcare Administration Scope
Those seeking leadership positions in the healthcare industry should choose an MBA in Healthcare Administration. The curriculum of these courses addresses specialized topics in healthcare, business practice, and management studies. This program, therefore, provides candidates with the necessary skills to quickly climb the corporate ladder.
Some other highlights:
- The starting salary for MBA medical professionals is approximately Rs 5 lakh pa. Guaranteed placement in
- top pharmaceutical companies and hospital groups.
- Strong Need for Experienced Healthcare Managers
- Excellent Career Growth Opportunities
Scope of Her MBA Healthcare Management in the Government Sector
This Qualification is Suitable for Working in Hospitals in Both Public and Private Sectors and is ideal for State health departments to appoint officers to various top positions. These candidates are sought after to run government hospitals, apart from ministry positions. Government programs require these people to run wellness programs efficiently.
MBA in Healthcare Administration: Required Skills
Candidates with a basic knowledge of hospital administration are suitable for this program. If you have leadership qualities and a keen eye for management techniques, you will easily complete this course.
Let's take a look at some of the other key skills required for this course:
Team Building Skills:
As you may know, hospitals have different departments, each with a different We have our own staff with their own set of challenges. requirement. For this reason, teams need to coordinate to support each other. Therefore, candidates who complete this course should also possess this skill.
Analytical Skills:
This program requires the ability to execute projects, attend industry events, and interact with industry leaders. All of these requirements include analytical and problem-solving skills.
Industry Knowledge:
Every industry has its own challenges. Prior knowledge of how the healthcare industry works will help you understand the finer concepts of how hospitals and medical centers operate.
Interpersonal Skills:
Verbal and non-verbal communication is important to several industries, but this is most important to the healthcare sector. Those interested in this area should be able to approach patients and their families calmly and sincerely.
Ability to Work Under Pressure:
Hospital administrators experience some crisis situations. For example, the coronavirus pandemic has been a trying time for all hospital administration staff. Therefore, this quality is of utmost importance for MBA healthcare aspirants.
MBA in Healthcare Management: Salary in India
Salaries in India help secure jobs for enterprises. The average salary is between Rs 6-14 Lakhs per Annum. High wage levels also take into account that these roles may work unusual hours given public health concerns. The average salary of a hospital CEO or CFO can be as high as Rs 30 Lakhs or Rs 36Lakhs per Annum.
MBA in Healthcare Management: Career Opportunities
An MBA in Healthcare makes you an ideal candidate for the best jobs in hospitals and medical institutions. This also provides the opportunity to take positions on a consultant basis which allows for a lot of flexibility and connection opportunities.
Some of the positions that require candidates with an MBA in healthcare are:
- Hospital Administrator
- Hospital CEO & CFO
- Healthcare Associate
- Hospital Operations Executive
- Medical Practice Manager
MBA in Healthcare Management: Top Recruiters in Indian
pharmaceutical companies and hospital chains are looking for skilled professionals who can run their healthcare facilities efficiently. These candidates are recruited for managerial and managerial positions.
Take a look at some of the top companies hiring MBA Health Management graduates.
- Cipla
- Fortis
- Apollo
- KPMG
- UNICEF
- Practo
- Glenmark
- Pfizer
A limited number of colleges offer an MBA in Healthcare Management degree. Some of the Best Indian Universities are:
Amity University Noida
Manipal Academy of Higher Education Manipal
Dr. D. Y. Patil Vidyapeeth Pune
Lovely Professional University Phagwara
Kalinga Institute of Industrial Technology Bhubaneswar
Madurai Kamaraj University Madurai
Chandigarh University Mohali
NMIMS Mumbai