Are you aspiring to pursue an MBA after BAMS? Check here for details on eligibility criteria, specializations, benefits, scope, salary, and top colleges.
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There are chances to pursue an MBA after BAMS if the aspirants are particular about becoming management experts. The candidate can pursue an MBA after BAMS if they wish to advance their career in hospital management. MBA is a two-year postgraduate program designed to provide business training to aspirants.
Training involves leadership skills, managing and directing the organization, and, most importantly, being efficient in times of crisis. MBA course after BAMS also opens the door to many jobs and prospects, including entrepreneurship. The article below provides all answers about the MBA after BAMS, its eligibility, scope, colleges, and more.
Also Read on MBA Admission
MBA After BAMS: Overview
Opting MBA after BAMS is a rare choice for medical aspirants. Selecting a management course after their Bachelor's in Ayurvedic Medical Science provides a detailed understanding of the course's scope. Graduates of his degree prioritize their learning process in the field of Healthcare and Clinical Management.
Master of Business Administration, commonly known as MBA, is a two-year program designed to provide required management training by teaching its techniques and helping develop personality skills among the students.
Eligibility Criteria for MBA After BAMS
Pursuing an MBA degree after BAMS does not require any additional specialization. The eligibility criteria are similar to that of a regular postgraduate program. The essential criteria needed to pursue this degree are listed below:
- Candidates should have an undergraduate degree with a minimum of 50% from a registered university.
- Candidates should have completed the age of 21 years.
- Candidates should take common entrance exams like CAT and MAT to enter the selection process.
- The universities provide other exams like XAT, SNAP, GMAT, CMAT, and NMAT.
Benefits of Doing MBA After BAMS
In this era of the Covid pandemic, healthcare sectors play an essential role. The main reason for selecting this course is the varied career opportunities. A few advantages to pursuing this course are as follows:
- This degree aids aspirants with the practical entrepreneurial skills required to establish their healthcare facilities.
- Apart from setting up their businesses, it also provides required training on administration ranging from accounting to management.
- MBA after BAMS program also trains them with problem-solving techniques at times of crisis.
MBA Specializations After BAMS
Management course also provides specialization for students from the Ayurvedic medicine stream and other related science courses. In this specialization, candidates are trained to bridge the gap between medical practice the healthcare commercialization. The top specialization in MBA after BAMS are:
MBA in Healthcare Management
MBA in Healthcare Management is a two-year postgraduate degree that teaches students about healthcare systems, hospital networks, and other medical facilities. The course leads to various job opportunities in hospitals and healthcare-related corporate firms. Students can also get hands-on experience in the healthcare field and learn how to tackle problems.
Eligibility Criteria: MBA Healthcare Management applicants must have a bachelor's degree with a least 50% aggregate score. There are two possible admissions criteria: test scores or merit.
Read More on MBA in Healthcare Management
MBA in Hospital Administration
The Hospital Administration course prepares students for management and administrative jobs in hospitals or healthcare facilities. MBA in Hospital Administration is a 2-year postgraduate course for healthcare professionals focusing on hospital operations and department management. Because of the expanding need for qualified healthcare executives, this course potentially leads to various career paths.
Eligibility Criteria: MBA in Hospital Administration applicants must have a bachelor's degree in a relevant field with at least 50% of the total marks. An MBA entrance exam is also required for applicants.
Read More on MBA in Hospital Administration
MBA in Hospital Management
MBA in Hospital Management is a two-year postgraduate degree that teaches hospital management and business administration skills, including entrepreneurship, healthcare management, planning, and budgeting. Aspirants have a lot of opportunities to work in hospitals, health clinics, and other places that deal with healthcare.
Eligibility Criteria: Students must have at least 50% to apply for MBA in Hospital Management. The minimum age to apply for the course is 21 years. For a few colleges, it may vary.
Read More on MBA in Hospital Management
Salary of MBA Candidates After Doing BAMS
The dual specialization provides numerous job opportunities with high salaries. The average salary for professionals specializing in MBA after BAMS is estimated to be INR 4 LPA. Based on their experience, the pay will increase steadily with the candidate's experience level.
The below table provides details about the average salary of the applicant with an MBA after BAMS course:
Designation | Salary (INR) |
Hospital Manager | 4 LPA |
Pharmaceutical Production Manager | 2.6 LPA |
Chief Nursing Officer | 5 LPA |
Medical Director | 7.5 LPA |
Research Analyst | 4.7 LPA |
Operational Manager | 6.2 LPA |
Healthcare consultant | 8.9 LPA |
Scope of MBA after BAMS
MBA after BAMS provides immense opportunities for aspirants to work in healthcare centers and hospitals and plays a predominant role at the administrative level. Healthcare centers are looking for highly skilled management candidates capable of handling the organizational process and effective administration. The career role played by the aspirants post-MBA after BAMS are:
- Hospital Manager
- Operations Manager
- Medical Director
- Pharmaceutical Production Manager
- Planning Adviser
- Chief Nursing Officer
- Hospital Consultant
The course also gives further study options for the students to enhance their knowledge. Candidates can enroll in a Ph.D. program to widen their research knowledge and seek experience. For their Ph.D. program, one can pursue Hospital management, Healthcare specialization. Apart from this, numerous certification programs are also available.
Top Colleges Offering MBA After BAMS Course
The need for managerial expertise is increasing every day. Every institution provides various MBA specializations for graduates to follow their dreams. The top institution providing MBA after BAMS are:
- IIM Ahmedabad
- IIM Bangalore
- IIT Kanpur
- LIBA Chennai
- IIHMR Jaipur
- Goa Institute of Management
- HITS Chennai
- Amity Global Business School Bangalore
- Chandigarh University
- Birla Institute of Management Technology
MBA After BAMS: Is it the Right Choice?
The pandemic has revealed the significance of healthcare workers, and their effective management of the situation is highly respected. MBA after BAMS equips the individual with practical management skills, which eventually leads to growth that is not only limited to professional but also personal. From this present scenario, MBA after BAMS is the right choice for aspirants who are particular about serving the human community.
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