MBA in Healthcare Management: Course Details, Fees, Eligibility, Admission, Duration
MBA in Healthcare Management or MBA HCM is a two-year specialized postgraduate course that provides a comprehensive foundation in healthcare administration, blending essential concepts of Healthcare, Business Management, and Leadership. MBA Healthcare Management subjects include Healthcare Systems and Policy, Health Economics, Healthcare Finance, Healthcare Marketing, Healthcare Law and Ethics, Healthcare Operations Management, Healthcare Informatics, and many more.
As part of the MBA in Healthcare Management eligibility criteria, candidates are required to possess a bachelor's degree with a minimum aggregate score of 50-60% from a recognized university, with relaxations of 5% offered to candidates belonging to the SC/ST/PwD candidates. Aspiring candidates are also required to appear for the entrance exams such as CAT, MAT, XAT, CMAT, etc.
The MBA Healthcare Management course focuses on planning, controlling, and administering healthcare systems and other medical facilities that prepare the candidates to become Hospital Administrators, Healthcare Managers, Facilities Directors, etc.
Table of Contents
- What is MBA Healthcare Management Course?
- MBA in Healthcare Management Eligibility Criteria
- Why Choose MBA in Healthcare Management Course?
- MBA in Healthcare Management Admission Process
- MBA Healthcare Management Entrance Exams
- Top MBA in Healthcare Management Colleges in India with Fees
- MBA in Healthcare Management Cutoff of Top Colleges
- Types of MBA Healthcare Management Courses
- MBA in Healthcare Management Syllabus
- MBA in Healthcare Management vs MBA in Hospital Management
- Courses after MBA in Healthcare Management
- MBA in Healthcare Management Salary in India
- Career Options After MBA in Healthcare Management
- Skill Development in the MBA HCM Course
MBA in Healthcare Management Course Details
| Degree | Masters |
| Full Form | Master of Business Administration in Healthcare Management |
| Duration | 2 Years |
| Age | No age limit |
| Entrance Exam | CAT, XAT, MAT, CMAT |
| Minimum Percentage | An aggregate of 50% in Under graduation |
| Average Fees | ₹2.5 - 7 LPA |
| Similar Options of Study | MBA Healthcare & Hospital Management, PGDM Hospital Management |
| Average Salary | INR 4 - 14 LPA (Source: Payscale) |
| Employment Roles | Hospital Administrator, Healthcare Manager, Facilities Director, Administrative Officer, Chief Operating Officer, Research Analyst, Healthcare Finance Manager |
What is MBA Healthcare Management Course?
MBA in Healthcare Management course or Master of Business Administration in Healthcare Management focuses on the management of healthcare organizations and can be defined as managing the functions of healthcare organizations by providing leadership and direction to healthcare units. The course falls under the umbrella of the MBA.
The job scope for MBA HCM graduates is vast as they can explore job roles in hospitals, clinics, pharmaceutical companies, medical insurance companies, healthcare organizations, etc., and earn an average salary ranging from INR 4-14 LPA.
MBA in Healthcare Management Eligibility Criteria
The MBA Healthcare Management eligibility criteria may vary depending on the academic structure and other variables, although most institutions have certain requirements that all applicants must meet. Some of the MBA Health Care Management course eligibility requirements are as follows:
- Students must have completed a bachelor's degree in any field with a minimum of 50% (45% marks for reserved category). The students are also required to take necessary entrance exams such as CAT, XAT, MAT, etc.
- The course does not have an age limit to enroll.
Why Choose MBA in Healthcare Management Course?
Students opting for MBA in Healthcare Management courses also learn and equip their skills and knowledge on administration, leadership workings of systems, marketing, and operations. Given below are some of the pointers that indicate the efficiency of the MBA in Healthcare Management course outcomes.
- Exclusive Knowledge: MBA HCM is a two-year course designed to prepare students/aspirants to oversee operations and services in healthcare facilities. MBA Healthcare graduates get a deep insight into the healthcare industry's operational section through a practical understanding of the healthcare sector.
- Industry-oriented curriculum: The students get detailed knowledge of healthcare management, which bridges the hospital's commercialization gap, and the patients admitted to the healthcare industry. Students also get into the government's healthcare policy-making.
- Demand: According to government data, the healthcare sector in India has been expanding at a Compound Annual Growth Rate of over 22% since 2016, establishing a strong demand for managerial skills in healthcare industries.
- Career Prospect: Graduates passing an MBA in Healthcare Management course can work as a healthcare manager, administration of the hospital, assistant operation manager, claims manager, and oncology coordinator.
- Salary: The salary ranges between INR 5 - 12 LPA for graduates who completed an MBA Healthcare Management course.
- Skill Development Opportunity: MBA in Healthcare Management allows graduates to learn about leadership, administration, and the working system of Healthcare management.
MBA in Healthcare Management Admission Process
The admission process can be based either on merit basis or through entrance exam scores, followed by advancing rounds of group discussion and personal interviews for final selection. MBA Healthcare Management admission criteria and selection process may differ across universities but listed below is a general outline of a common step-by-step admission process:
- Step 1: Admission to top MBA in Healthcare Management colleges is based on qualifying eligibility criteria for the chosen college.
- Step 2: Every MBA in Healthcare Management college has its admission process which includes applying online or offline through the college's website or by visiting the college admission desk.
- Step 3: Students must get a secure cut-off score in MBA-based entrance examinations.
- Step 4: Shortlisted students may have to appear for other aptitude rounds which include Group discussions and personal interviews for final selection.
- Step 5: Colleges announce the final result based on the cumulative scores obtained in the entrance exam and other evaluations set by colleges.
- Step 6: Candidates have to complete the paperwork process by providing the required documents such as government ID, previous academic results, and experience certificate along with completing the admission process by submitting the MBA in Healthcare Management course fees.
Also, Read More on: MBA Admission
MBA Healthcare Management Entrance Exams
Entrance exam scores of CAT, MAT, XAT, etc. are an essential part of admission for most reputed colleges and universities. Students opting for an MBA in Healthcare Management are required to appear and qualify in the entrance exams as these exams are crucial for admission to top colleges.
Listed below are some of the top MBA in Healthcare Management entrance exams:
|
MBA Entrance Exams |
Entrance Exam Date |
Accepting Colleges |
| Nov 26, 2023 |
IIM Jammu, IIHMR, LPU, KJ Somiya Institute |
|
| Feb 25- Dec 17, 2023 |
IIHMR, Amity University, KJ Somiya Institute, RIMT |
|
| Dec 10, 17, 22, 2023 |
Symbiosis Institute of Health Science |
|
| Jan 7, 2024 |
IIHMR, KJ Somaiya, Amity University, Goa Institute of Management |
|
| February 2024 (Tentative) |
KJ Somaiya, Amity University, LPU, Centurion University |
|
| - |
IIM Jammu, IIM Bodhgaya |
Top MBA in Healthcare Management Colleges in India with Fees
MBA in Healthcare Management courses are provided by many reputed colleges across the country with a combination of hospital management. Government universities offering an MBA in Healthcare Management include the University of Hyderabad and Jamia Milia Islamia, and private universities such as SIHS Pune and Amity University also offer this course. Some IIMs such as IIM Jammu, and IIM Bodh Gaya are also known as top colleges for this course.
The average MBA in Healthcare Management fee is between INR 1.5-9 LPA. Given below is the MBA in Healthcare Management fee structure containing tuition, admission, and miscellaneous fees:
|
College |
Tuition Fees |
Admission Fees |
Miscellaneous Fees |
|
INR 8.54 LPA |
- |
INR 3.35 LPA |
|
|
INR 5.16 LPA |
INR 35,000 |
INR 1.92 LPA |
|
| INR 8.14 LPA | INR 25,000 | - | |
|
INR 1.05 LPA |
- |
INR 15,000-20,000 PA |
|
|
INR 1.46 LPA |
INR 20,000 |
INR 50,000 PA |
|
|
INR 8.31 LPA |
INR 10,000 |
INR 1.66 LPA |
|
|
INR 2.40 LPA |
INR 25,000 |
- |
|
|
INR 4.20 LPA |
- |
INR 2 LPA |
|
|
INR 1.50 LPA |
INR 15,000 |
- |
|
|
INR 4 LPA |
- |
INR 9,000 PA |
|
|
INR 2.10 LPA |
- |
INR 80,000 PA |
|
|
INR 1.45 LPA |
INR 15,000 |
- |
Top City Wise MBA Healthcare Management Colleges in India
Below listed are location-wise Master of Business Administration in Healthcare Management colleges in India with the average annual fees:
| Location | Average MBA in Healthcare Management Fees |
| MBA in Healthcare Management Colleges in Pune | INR 1-5.50 LPA |
| MBA in Healthcare Management Colleges in Delhi | INR 1-6.50 LPA |
| MBA in Healthcare Management Colleges in Bangalore | INR 4-12 LPA |
| MBA in Healthcare Management Colleges in Jaipur | INR 1.50-3 LPA |
| MBA in Healthcare Management Colleges in Maharastra | INR 1-6 LPA |
| MBA in Healthcare Management Colleges in Chennai | INR 1-4.50 LPA |
| MBA in Healthcare Management Colleges in Hyderabad | INR 2.50-8 LPA |
MBA in Healthcare Management Cutoff of Top Colleges
Admission to the top colleges providing MBA in Healthcare Management courses is based on qualifying MBA entrance exams with required cut-off marks. These cut-off marks change accordingly as it is determined by college authorities. Some of the most prominent college entrance examinations and their cutoffs are as follows for admission to MBA in Healthcare Management courses:
CAT Cutoff for MBA Healthcare Management
CAT is a go-to exam when it comes to admission to the IIMs for MBA courses. The CAT cut-off score is also the most common exam for admission to the MBA in Healthcare Management course. CAT 2023 cut-off score is yet to be released. The table below shows the expected CAT cutoff, 2023, for top colleges providing MBA in Healthcare Management in India.
|
Name of College |
Expected CAT Cutoff, 2023 (Percentile) |
|
Chandigarh University |
85+ |
|
K J Somaiya |
80+ |
|
IIHMR |
70+ |
|
Amity University |
85+ |
|
MIT ADT |
80+ |
|
LPU |
80+ |
MAT Cutoff for MBA Healthcare Management
Candidates can get into several colleges providing an MBA in Healthcare Management through the MAT entrance exam. MAT is conducted in the month of September and It’s generally a moderate-level exam compared to CAT. Some of the colleges considering MAT for admission to MBA in Healthcare Management are given below:
|
Name of college |
Expected CAT Cutoff, 2023 (Percentile) |
|
Chandigarh University |
85+ |
|
IIHMR |
70+ |
|
Amity University |
85+ |
|
MIT ADT |
80+ |
|
LPU |
80+ |
Types of MBA Healthcare Management Courses
The demand for MBA courses has grown significantly, resulting in the rise of diverse modalities of study based on experience, goals, and qualifications. Below are the types of MBA in Healthcare Management courses in detail:
|
Type |
Eligibility for MBA in Healthcare Management Courses |
MBA Healthcare Management Duration |
|
Full Time MBA in Healthcare Management |
Bachelor's degree with a minimum of 50% marks for the general category and 45% marks for the reserved category+ Entrance Exam Score + GD/PI performance |
2 Years |
|
Part-Time MBA in Healthcare Management |
45-50%% in bachelor's degree+1 to 2 years work experience in healthcare or related fields required |
6 Months- 3 Year |
|
Distance MBA in Healthcare Management |
Bachelor's degree with a minimum of 50% marks for the general category and 45% marks for the reserved category |
2-4 Years |
Part-Time MBA in Healthcare Management
The MBA in Healthcare Management duration of the course can vary from 6 months to 3 years and the curriculum is designed for students to pursue while being engaged in employment through online sessions, webinars, E-Learning materials, skill-development evaluations, etc. Some of the key information regarding part-time MBA in Healthcare Management is given below:
- Candidates may require certain work experience (1-2 years).
- The part-time MBA Health Care Management course duration is 6 months to 3 years depending on the academic structure.
- Graduates from a part-time MBA Healthcare Management course earn an average salary of INR 3-7 LPA.
- Students can pursue this course from ICRI by Sandip University.
Distance MBA in Healthcare Management
The MBA in Healthcare Management distance learning lasts two years and is divided into four semesters of six months each. The course module offers the opportunity to obtain a comprehensive understanding of healthcare management remotely. Below mentioned are the MBA in Healthcare Management course details for distance education:
- The course is ideal for individuals who are unable to complete a standard mode of MBA in Healthcare Management.
- The course has no upper age limit for enrollment.
- The distance learning program usually focuses on core subjects rather than electives.
- The MBA in Healthcare Management course fees for distance education range between INR 35,000 - 2.75 LPA.
- Colleges such as Anna University, Venkateshwara Open University, and Suresh Gyan Vihar University provide distance education courses for MBA in Healthcare Management and are widely known for their great academic structure.
| Career as a Health Inspector | Career as a Food Inspector |
MBA in Healthcare Management Syllabus
MBA in Healthcare Management in the first year focuses on healthcare fundamentals, policy, finance, ethics, and management principles. The second-year subjects deal with advanced topics like analytics, innovation, hospital administration, and strategic planning.
MBA in healthcare management courses are designed to ensure that the students have access to all the vital and key concepts of healthcare & clinical management. Important MBA Healthcare subjects are given below in greater detail:
|
MBA in Healthcare Management Subjects |
Topics Covered |
|
Bio-Statistics and Operations research |
Introduction, Frequency distribution, Linear Regression and Correlations, Tests of Significance, Linear Programming |
|
Health Care Laws |
Code of Medical Ethics, Medical Jurisprudence, Legal Framework for Hospitals, Indication or Grounds of MTP |
|
Human Resources Management |
Evolution of HRM, Organizational Job Design, Training and Development, Wage and Salary Administration, Labour Laws |
|
Public Health System And Health Insurance |
Policy Formulation, Financing, Resource Allocation, Plan Implementation and Control, Group and Health Insurance |
|
Healthcare Technology and Pharmaceutical Management |
Drug Development, Pharmaceutical Development Process, Pharmacy Law, and Technology in Healthcare |
|
Safety and Risk Management |
Hospital Acquired Infection, Disaster Management, Fire Hazards, Radiation Hazards, Security and Law, Security Organisation |
Know More: MBA in Healthcare Management Syllabus and Subjects
MBA in Healthcare Management vs MBA in Hospital Management
MBA in Hospital Management is a two-year post-graduate course that aims to cover essential concepts based on managing healthcare units along with contemporary approaches in hospital administration while an MBA in Healthcare Management focuses on core areas of business operations in the healthcare industry.
The table below showcases the differences between MBA Hospital Management and MBA Healthcare Management course:
|
Course |
MBA Healthcare Management |
MBA Hospital Management |
|
Full-Form |
Master of Business Administration in Healthcare Management |
Master of Business Administration in Hospital Management |
|
Stream |
Management |
Management |
|
Course Overview |
The course curriculum covers topics like healthcare policy, healthcare economics, and healthcare operations management. |
The course curriculum covers topics like hospital administration, healthcare quality management, and healthcare finance. |
|
Course Duration |
2 years |
2 years |
|
Eligibility |
Graduation from a recognized university with 45% - 50% aggregate |
Graduation from a recognized university with 50% - 55% aggregate |
|
Entrance Exams |
CAT, MAT, XAT, NMAT, CMAT, GMAT, etc. |
CAT, MAT, XAT, CMAT, etc. |
|
Top Colleges |
IIM Ahmedabad, SIBM, BHU, LPU, etc. |
IIM Bodhgaya, IIHMR, BITS Pilani, LPU, etc. |
|
Fees |
INR 1.5 - 9 LPA |
INR 2 - 10 LPA |
|
Average Salary |
INR 4-14 LPA |
INR 3-8 LPA |
|
Job Roles |
Healthcare Manager, Administrative Officer, Research Analyst, Healthcare Finance Manager, etc. |
Quality Assurance Manager, Patient Service Manager, E-Health Manager, etc. |
Read More: MBA in Hospital Management
Courses after MBA in Healthcare Management
The Higher education opportunities for MBA Healthcare Management students are abundant. There are immense advantages to keeping oneself updated through certification courses organized by several universities and the government. Some of the courses that an aspirant can pursue after completing the MBA in Healthcare Management are listed below:
- Diploma in Public Health Management
- Certified Phlebotomy Technician (CPT)
- Pharmacy Technician Professional
- Diploma in Rural Health Care
- Ph.D. in Management
MBA in Healthcare Management Salary in India
After completing an MBA in Healthcare Management course, the aspirant's average salary ranges between INR 4 - 14 LPA. While a fresh graduate may earn an average salary ranging from INR 4- 7.5 LPA, experienced employees can earn more than INR 10 LPA.
The salary after MBA in Healthcare Management varies due to several factors such as job level, designation, company reputation, location, etc. The table below provides an overview of the average salaries after an MBA in Healthcare Management:
|
Designation |
MBA Healthcare Fresher Salary |
Salary with 3+ Years of Experience |
| Health Information Manager | INR 4 LPA | INR 6-8 LPA |
| Healthcare Policy Analyst | INR 4.90 LPA | INR 7-9 LPA |
| Healthcare Marketing Manager | INR 4-5 LPA | INR 6-10 LPA |
| Healthcare Data Analyst | INR 4-4.50 LPA | INR 7-9.50 LPA |
[Source: Glassdoor & AmbitionBox]
Career Options After MBA in Healthcare Management
MBA in Healthcare Management in India is becoming highly popular and the course opens many career opportunities in a wide range of job roles in the healthcare sector. Some of the job opportunities after an MBA in Healthcare Management are given below:
|
MBA in Healthcare Management Job Designation |
Hiring Companies |
Average Entry Level Salary |
|
Hospital Administrator |
RG Technosolutions, Apollo Hospitals, AIIMS, etc. |
INR 5.70 LPA |
|
Medical Practice Manager |
CK Birla Group, Cipla, Lupin, etc. |
INR 6.20 LPA |
|
Research Assistant |
IQVIA, Vasta Global, Christian Medical College, etc. |
INR 4.5 LPA |
|
Pharmaceutical Project Manager |
Abbott Healthcare, Metropolis Healthcare, Max Healthcare, etc. |
INR 4-7.30 LPA |
|
Healthcare Consultant |
Hinduja Global Solutions, Hindustan Wellness, Citius Tech, etc. |
INR 4-6.50 LPA |
Read More: MBA in Healthcare Management Career Scope
Top Recruiters of MBA Healthcare Management
Leading organizations actively seek graduates with an MBA in Healthcare Management due to their specialized expertise in navigating the intricate healthcare landscape. The following table highlights some of the top recruiters in this field, along with the average salaries they offer to these accomplished professionals:
|
Recruiters |
Average Entry Level Salary |
|
GE Healthcare |
INR 7.40 LPA |
|
Apollo Hospitals |
INR 5.10-7.50 LPA |
|
Central Drug Research Institute |
INR 5.10-6.50 LPA |
|
ICG Medical |
INR 7 LPA |
|
iMedX |
INR 6.10 LPA |
[Source: Glassdoor & AmbitionBox]
Skill Development in the MBA HCM Course
Graduates have to gain the proper knowledge and training sessions to prosper in the field of Healthcare. Listed below are some of the required skills for pursuing MBA in Healthcare Management:
- Excellent communication skills - Good communication skill is needed for adequate CRM activities and maintaining client relationships.
- Healthcare skills - A basic knowledge of nursing and certain healthcare procedures is useful as a student of healthcare management.
- Leadership skills - Leadership skills are highly required for effective team activities and provide direction to subordinates.
- Technical skills - Certain technical skills are required for achieving high performance and efficiency.
- Management skills- A certain level of managerial skills is required for effective coordination of organizational activities along with maintaining a steady flow in the business process.
Top MBA in Healthcare Management Colleges
Top Management Entrance Exams
Exam Date: May 19, 2024
MBA in Healthcare Management Fee Structure
FAQs on MBA in Healthcare Management
Q: What is an MBA in Healthcare Management?
A: The two-year MBA Healthcare Management program is intended to train students and aspirants to manage the operations and services of healthcare institutions.
Q: What are the entrance exams for MBA in Healthcare Management?
A: Aspirants can appear for general MBA entrance exams such as CAT, XAT, CMAT, MAT, etc to get admission to top colleges for MBA in Healthcare Management.
Q: What are the MBA Healthcare Management Eligibility criteria?
A: Students have to acquire 50-60% in undergraduate studies along with qualifying entrance exams to become eligible for the course,
Q: What are the benefits of an MBA in Healthcare Management?
A: Graduates of MBA Healthcare Management can obtain essential skills to manage and administer healthcare business through internships, project studies, and other practical work.
Q: What are the best colleges for MBA in Healthcare Management?
A: IIM Ahmedabad & Bangalore, IIT Kanpur, and SIBM Pune are the best institutions to study MBA in Healthcare Management
