MBA in Hospital and Healthcare Management: Course Details, Eligibility, Admission, Fees
MBA in Hospital and Healthcare Management is a two-year postgraduate course that deals with the study of healthcare administration, financial management, strategic planning, and quality improvement techniques in healthcare management.
Admission to MBA in Hospital and Healthcare Management requires candidates to clear their graduation with a minimum of 50% marks. Apart from the merit score, the candidate also needs to qualify for the entrance exams such as CAT, XAT, MAT, etc. The average MBA in Hospital and Healthcare Management course fees is in the range of INR 2-8 LPA.
Table of Contents
- What is MBA in Hospital and Healthcare Management Course?
- MBA Hospital and Healthcare Management Eligibility Criteria
- Why Choose an MBA in Hospital and Healthcare Management Course?
- MBA in Hospital and Healthcare Management Admission 2023
- MBA in Hospital and Healthcare Management Entrance Exams
- MBA in Hospital and Healthcare Management Cutoff 2023
- Top MBA in Hospital and Healthcare Management Colleges in India with Fee Details
- Types of MBA in Hospital and Healthcare Management Courses
- MBA Hospital and Healthcare Management Syllabus and Subjects
- MBA in Hospital and Healthcare Management vs Master of Hospital Administration
- Salary of an MBA in Hospital and Healthcare Management in India
- Courses After MBA Hospital and Healthcare Management
- Career Options After MBA in Hospital and Healthcare Management Course
- Skills to Excel as an MBA in Hospital and Healthcare Management Graduate
MBA in Hospital and Healthcare Management Course Details
| Degree | Masters |
| Full Form | Master of Business Administration in Hospital and Healthcare Management |
| Duration | 2 Years |
| Age | No specific age restriction |
| Entrance Exam | CAT, MAT, GMAT, XAT |
| Minimum Percentage | 50% marks in Bachelor’s studies for the general category, 45-50% for the reserved category |
| Average Fees | ₹5 LPA |
| Similar Options of Study | MBA in Hospital Administration, MBA in Healthcare Management |
| Average Salary | INR 6.60 LPA |
| Employment Roles | Hospital Administrator, Healthcare Manager, Hospital CFO & CEO, Pharmaceutical Production Manager, Medical Practice Manager, etc. |
| Top Recruiters | ICMR, Fortis Hospital, Max Healthcare, Novartis, Cipla |
What is MBA in Hospital and Healthcare Management Course?
MBA in Hospital and Healthcare Management course aims at providing knowledge about healthcare policies, regulations, and ethical considerations. The course falls under the umbrella of the MBA course.
After completion of the MBA in Hospital and Healthcare Management course, graduates can work in industries like Biotechnology, Pharmaceutical industry, medical tourism, hospitals, etc. The average salary of an MBA in Hospital and Healthcare Management graduate average salary is INR 6.60 LPA.
MBA Hospital and Healthcare Management Eligibility Criteria
The MBA Hospital and Healthcare Management eligibility criteria may have various evaluating components such as entrance exam score, PI score, and IIM Bodhgaya also gives a weightage of 30% for candidates' overall profile. Below are the eligibility requirements for MBA in Hospital and Healthcare Management:
- Candidates are required to have a graduate degree with a minimum of 50% for the unreserved category.
- SC/ST/PWD candidates should have a 45% aggregate score.
- The candidate needs to qualify for entrance exams such as CAT, XAT, MAT, etc.
- There is no upper age limit to enroll in the course.
Why Choose an MBA in Hospital and Healthcare Management Course?
The healthcare industry around the globe is evolving and there is a constant demand for individuals who can apply their managerial and leadership skills to improve the system. Below mentioned are points regarding why one should choose MBA Healthcare and Hospital Management course:
- The course offers students to work in hospitals, clinics, labs, research institutes, education, etc.
- As per the Insider Intelligence report the global healthcare market is projected to expand $665.37 billion by 2028.
- India’s hospital sector is expected to expand at a CAGR of 18.27% by the year 2027, leading to higher demand for skilled professionals having management expertise.
- As per the BLS Report, the demand for health service managers and related job profiles will grow by 29% between 2021-31.
Also, Check: Why MBA? Top Reasons to Pursue an MBA
MBA in Hospital and Healthcare Management Admission 2023
Admission to the MBA program in hospital and healthcare management is based on merit and scores from entrance exams including the MAT, XAT, and CAT. Most colleges in India follow the steps outlined below for admission to the MBA in Hospital and Healthcare Management program:
- Step 1: Candidates need to clear the entrance exam qualifying cut-off scores.
- Step 2: As per the college selected by the student the application form needs to be filled.
- Step 3: After assessing candidates' applications they are called for the GD and PI process which has an average weightage of 30-40%.
- Step 4: After the final merit list is published selected students must complete the admissions paperwork and pay the course fees.
Read More on MBA Admission Process
MBA in Hospital and Healthcare Management Entrance Exams
Entrance exams are a common and popular means for some colleges to have a screening to decide which student must be admitted to the course. The common pattern for exams listed below includes verbal ability, logical reasoning, analytical thinking, quantitative reasoning, and subject-specific questions if required according to the specialization:
|
MBA in Hospital and Healthcare Management Entrance Exam |
Registration Date |
|
Aug 2- Sep 13, 2023 |
|
|
Aug 29, 2023 |
|
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Aug 1 - Oct 10, 2023 |
|
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Jul 15 - Nov 30, 2023 |
|
|
Aug 1-Aug 10, 2023 |
MBA in Hospital and Healthcare Management Cutoff 2023
The entrance exam cut-off for admission to MBA Hospital and Healthcare Management differs from college to college based on the availability of the number of seats, level of competition, and exam level.
Top colleges offering MBA in Hospital and Healthcare Management like IIM Bodhgaya accept CAT scores as the selection process, while other colleges may conduct their entrance exam or consider MAT or GMAT scores. Below is a list of expected cut off for 2023 for the following entrance exams:
|
Name of The Exam |
Expected Cut off 2023 |
|
CAT |
94-97 Percentile |
|
GMAT |
700+ |
|
MAT |
75+ Percentile |
|
XAT |
80-84 Percentile |
Top MBA in Hospital and Healthcare Management Colleges in India with Fee Details
The MBA in Hospital and Healthcare Management is offered by top management colleges and institutes offering specialized courses like Symbiosis Institute of Health and Science. The admission is subject to academic performance, prior related work experience, and entrance exam score.
Below is a list of top colleges in India offering MBA in Hospital and Healthcare Management courses in India:
|
Sl No. |
Name of The College |
Average Tuition Fees |
|
1 |
INR 3.20 LPA |
|
|
2 |
INR 5.16 LPA |
|
|
3 |
- |
|
|
4 |
INR 4 LPA |
|
|
5 |
INR 1.37 LPA |
|
|
6 |
INR 25,000 PA |
|
|
7 |
INR 3.80 LPA |
|
|
8 |
Apollo University |
INR 2.20 LPA |
|
9 |
INR 3.50 LPA |
|
|
10 |
RMIT |
INR 1.45 LPA |
Types of MBA in Hospital and Healthcare Management Courses
The different types of MBA in Hospital and Healthcare Management courses are designed according to the different needs of an individual and eligibility requirements. The course is available for students in full-time, online, and executive learning modes. Below are the MBA in Hospital and Healthcare Management course details:
|
Type |
Eligibility for MBA in Hospital and Healthcare Management Courses |
MBA in Hospital and Healthcare Management Duration |
|
Full-Time |
The candidate should have completed a bachelor's degree with a minimum of 50% marks + Qualify for the appropriate entrance exam |
2 Years |
|
Online |
The candidate should have completed a bachelor's degree with a minimum of 50% marks |
2-3 Years |
|
Executive |
The candidate should have completed graduation and have a minimum of 5 Years of work experience |
1 Year |
Online MBA in Hospital and Healthcare Management Course
The Online MBA in Hospital and Healthcare Management can be taken by students as a specialization in the second year. Below mentioned are details regarding online MBA Hospital and Healthcare Management:
- The course is offered by colleges like DY Patil Online University, Dr. MGR Education and Research Institute, etc.
- The course duration can be extended up to four years.
- The average course fee ranges between INR 50,000-1 LPA.
Executive MBA in Hospital and Healthcare Management Course
Executive hospital management and healthcare-related courses are provided to working professionals who want to enhance their domain knowledge and improve their compensation. Below mentioned are the Executive MBA in Hospital and Healthcare Management course details:
- Top colleges like IIM Calcutta and IIM Indore offer executive programs in healthcare management with average course fees ranging between INR 5-7 Lakh.
- The program for 2023 will start in September at IIM Calcutta.
- Individuals who are medical practitioners and administrators and have MBBS/ BAMS/BDS degrees can also apply.
- Graduates in the Biotechnology and Biomedical fields can also apply for the course.
MBA Hospital and Healthcare Management Syllabus and Subjects
The MBA in Hospital and Healthcare Management syllabus in the first year helps students understand the principles and practices of healthcare organizations. The second-year syllabus imparts knowledge about the healthcare financing model, technology integration, etc. Below are listed some of the MBA in Hospital and Healthcare Management subjects in detail:
|
MBA Hospital and Healthcare Management Subjects |
Topics Covered |
|
Organization Behavior |
Perception and Attribution Theories, Job Design, Cross-Cultural Management Concepts, etc. |
|
Healthcare Operations Management |
Healthcare Performance Metrics, Capacity Planning, Resource Management, etc. |
|
Hospital Planning and Design |
Space Utilization, Site Selection, and Analysis, Medical Equipment Planning, etc. |
|
Healthcare Law and Compliance |
Healthcare Legal Frameworks, Compliance Auditing Rules, Types of Healthcare Contracts, etc. |
Read More: MBA Hospital and Healthcare Management Syllabus
MBA in Hospital and Healthcare Management vs Master of Hospital Administration
MBA in Hospital and Healthcare Management focuses on managerial roles in the healthcare industry, and MHA focuses on understanding healthcare policy and laws. The table below showcases the differences between MBA in Hospital and Healthcare Management and MHA:
|
Course |
MBA in Hospital and Healthcare Management |
MHA |
|
Full Form |
Master of Business Administration in Hospital and Healthcare Management |
Master of Hospital Administration |
|
Course Duration |
2 years |
2 years |
|
Eligibility |
Graduation with a minimum of 50% marks for unreserved category and 45% for reserved category students. |
Graduation with a minimum of 50% marks for unreserved category and 45% for reserved category students. |
|
Entrance Exams |
CAT, GMAT, XAT, CMAT, ATMA, MAT |
CAT, GMAT, XAT, CMAT, ATMA, MAT |
|
Top Colleges |
IIM Bodhgaya, Sharda University, etc. |
Amity University, AIHS Bangalore, etc. |
|
Fees |
INR 2 - 10 LPA |
INR 3 - 5 LPA |
Read More: MHA
Salary of an MBA in Hospital and Healthcare Management in India
MBA in Hospital and Healthcare Management graduate's average salary is INR 6.60 LPA. The salary varies depending on the experience, geography, and industry they are working in. Below are the top job profiles for MBA in Hospital and Healthcare Management graduates, along with their average salaries:
|
Job Role |
Average Salary |
|
Healthcare Operations Manager |
INR 6.60 LPA |
|
Hospital Administrator |
INR 7.52 LPA |
|
Healthcare Medical Information Manager |
INR 11 LPA |
|
Claims Manager |
INR 8.23 LPA |
[Source: Glassdoor]
Read More: MBA in Hospital and Healthcare Management Salary
Courses After MBA Hospital and Healthcare Management
After completion of an MBA in Hospital and Healthcare Management, graduates can improve their domain knowledge by completing certification courses or higher education options in Healthcare Informatics, Quality Management, etc. Below are the courses after MBA Hospital and Healthcare Management graduate:
- PhD
- Doctor of Healthcare Administration
- EMBA in Hospital and Healthcare Management
- Certified Professional Course in Healthcare Quality
- Advanced Certification Course in Healthcare Marketing
Career Options After MBA in Hospital and Healthcare Management Course
The MBA in Hospital and Healthcare Management graduate gets the opportunity to get employed by top government bodies like ICMR, AIIMS, and private hospitals or organizations like Max Healthcare, Cipla, etc. Below is a list of top job roles, description, recruiters, and their average salaries:
|
Job Designations |
Job Descriptions |
Hiring Companies |
Average Salary |
|
Healthcare Compliance Officer |
They oversee that the organization's procedure is within new regulations. |
ID Medical, United Health, etc. |
INR 5.22 LPA |
|
Healthcare Quality Assurance Manager |
They ensure that the healthcare service parameters are within control parameters and suggest measures for improvement. |
Optum, Fortis, Hinduja Global Solutions, etc. |
INR 18 LPA |
|
Healthcare Policy Analyst |
They research new updates in healthcare policies and evaluate the impact on the organization. |
Ministry of Health and Welfare, Cotiviti, etc. |
INR 4.35 LPA |
|
Hospital Administrator |
They manage day-to-day hospital health services with planning budgers and cost-saving alternatives. |
Apollo Hospitals, Manipal Hospital, Medanta, etc. |
INR 7.52 LPA |
| Career as a Health Inspector | Career as a Food Inspector |
Top Recruiters for MBA in Hospital and Healthcare Management Course
The MBA in Hospital and Healthcare Management graduates are hired by government and private hospitals, research institutions, healthcare insurance companies, etc. Below are the top recruiters for MBA in Hospital and Healthcare Management graduates along with the average salary offered:
|
Recruiters |
Average Salary |
|
ICMR |
INR 5.33 LPA |
|
Fortis Hospital |
INR 6.60 LPA |
|
Max Healthcare |
INR 7.1 LPA |
|
Novartis |
INR 7.88 LPA |
|
Cipla |
INR 10 LPA |
[Source: Ambition Box]
Skills to Excel as an MBA in Hospital and Healthcare Management Graduate
MBA in Hospital and Healthcare Management graduates need to have essential soft skills to excel in their fields. The following are some of the most important skills for MBA in Hospital and Healthcare Management graduates:
- Project Management Skills: To execute healthcare initiatives graduates need to effectively manage budget allocation, team coordination, etc., to deliver the project.
- Conflict Resolution Skills: The healthcare managers directly deal with patients, staff members, and various stakeholders where per the conflict situations they are required to apply their skills to come to a common ground.
- Empathy: The healthcare and hospital industry requires professionals to understand the depth of the problem and show their concern for the same.
- Networking Skills: The healthcare service manager needs to build professional relationships with industry experts, communities, and policymakers to work n the changes in the healthcare industry.
Students also gain experiential learning through case studies and industry-related projects, which help them enhance their leadership, problem-solving, and communication skills.
Top Management Entrance Exams
Exam Date: May 19, 2024
FAQs on MBA in Hospital and Healthcare Management
Q: What is MBA in Hospital and Healthcare Management course eligibility?
A: The student should have completed their graduate or postgraduate degree with a minimum of 50% marks for unreserved category students, and for reserved category students, the percentage required is a minimum of 45%.
Q: Which are the top colleges for MBA in Hospital and Healthcare Management courses?
A: Some of the colleges in India offering MBA in Hospital and Healthcare Management courses are IIM Bodh Gaya, Sharda University, RMIT, etc.
Q: What jobs are available after the MBA in Hospital and Healthcare Management course?
A: After completion of an MBA in Hospital and Healthcare Management, graduates can work as Healthcare Consultants, Healthcare Finance Managers, Healthcare Quality Managers, etc.
Q: What is the average salary of an MBA in Hospital and Healthcare Management graduate?
A: The average salary of an MBA in Hospital and Healthcare Management graduate in India is INR 6.60 LPA (Source: Payscale )
Q: What is the difference between an MBA in Hospital and Healthcare Management and a Master of Healthcare?
A: MBA in Hospital and Healthcare Management focuses on offering business management principles of the healthcare industry and its dynamics, whereas MHA focuses on understanding healthcare policies.
