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Master of Business Administration (MBA) Healthcare Administration Top Colleges, Syllabus, Scope, and Salary, 2023

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Sounak Banerjee

Associate Content Manager

MBA Healthcare Administration is a 2-year post-graduate degree program. The basic eligibility for this course is a bachelor’s degree in healthcare administration or any other related domain with a minimum aggregate of 45% marks.

MBA Healthcare Administration course aims at the skillful development of a student’s perspective towards the growing needs in the healthcare industry. This is a management course that focuses on management education and training to students who are aiming to make a career in the healthcare industry.

The field of healthcare is increasing manifolds and is a dynamic industry that constantly demands management and administration of skilled personnel to deliver the best possible services. 

Students are hired in positions like Hospital Administrator, Human Resources Coordinator, Operations Manager, Healthcare Consultant, etc. Students completing the MBA Healthcare Administration degree course get jobs in healthcare industries with a handsome average salary package of INR 5.52 Lakhs per annum.

MBA Healthcare Administration: Course Highlights

Course Name MBA Healthcare Administration
Course Level Post-Graduate Course
Duration 2 years (4 or 6 semesters)
Eligibility Minimum aggregate of 45% marks in graduation
Admission Process Merit-Based or Entrance Test + Group Discussion / Personal Interview 
Top Entrance Exams CAT, XAT, NMAT, CMAT, SNAP, MAT, etc.
Average Course Fee Varies from INR 4 to 7 Lacs
Average Salary INR 5.52 Lakhs per annum
Top Recruiting Organizations Hospitals, Health Insurance Sector, NGOs, Government healthcare projects, Healthcare marketing industries
Job Positions Hospital Administrator, Human Resources Coordinator, Operations Manager, Healthcare Consultant, etc. 

MBA Healthcare Administration: What is it About?

MBA Healthcare Administration course enables you to get advanced knowledge about the healthcare sector along with managerial skills. Hence, you learn to use concepts of management into the functioning of the healthcare sector. The course is developed keeping in mind the demands of the sector with the help of the industry experts and academic scholars with the research-based curriculum.

You get to learn the core curriculum of business administration along with the fundamentals of healthcare.

MBA Healthcare Administration course deals with advanced knowledge about the following fields:

  • Hospital Organization and Control
  • Medical Staff Organization
  • Hospital Planning
  • Health Laws
  • Health and Society Ethics
  • Health System Research and many more.

Apart from the healthcare studies, students are also given a step-up level knowledge about finance, economics, organizational behavior, IT and other core MBA subjects of study. A student is usually given a span of four years to successfully complete the course. There is a wide range of career choices after the completion of the course which makes this course a very job-oriented or a vocational course. 

It not only develops the skills for management and healthcare-related aspects but also brings out a kind of understanding which a community demands and which are helpful for someone who wishes to make a career in NGOs and rehabilitation centers.

The admission to the course is done through the process where a student is evaluated on the basis of a written test, the academic scores and work experience followed by a personal interview. Group discussion can also be a part of the selection process. The admission procedure varies from college to college. Each and every level has its own weightage. The following graphs shows that:

Some of the entrance test conducted for admission to this course are:

MBA Healthcare Administration: Eligibility

MBA Healthcare Administration: Syllabus and Course Description

Some of the important subjects that are taught in the MBA Healthcare Administration programme is tabulated below:

Organizational Behavior and Managing Transitions Operations Management for Executives Marketing Research
Quantitative methods for management Human Resource Management Strategic Financial Management
Managerial Economics Accounting for Managerial Decisions Marketing management
Information Technology Economic Environment of Business Managerial finance
Delivering Information Services Business Communication -

Some of the electives in this course are: 

  • Hospital Organization and Control
  • Medical Staff Organization
  • Epidemiology and Public Health
  • Hospital Planning
  • National Health Plan
  • Comparative Health Administration
  • Health Entrepreneurship

MBA Healthcare Administration: Top Institutes

Some of the top colleges for MBA Healthcare Administration are listed in the table below: 

Name of Institution Location Average Annual Course Fee (in INR)
Institute of Health Management Jaipur 1.2 lakh
Faculty of Management Studies Faridabad, Delhi 1 lakh
T.A. Pai Management Institute Manipal 14 lakhs
I.E.S Management College & Research Centre Mumbai 3 lakhs
Bharati Vidyapeeth Pune 1.2 lakhs
Symbiosis Institute of Health Sciences Pune 2.3 lakhs
Clinical Research Education & Management Academy (CREMA) Bangalore 4 lakhs
Sumandeep University Vadodara 1.2 lakh
School of Management Manipal 4.94 lakhs
Chitkara University Chandigarh 7 lakhs
Asian Institute of Health Science Faridabad 2 lakhs
Tata Institute of Social Sciences Mumbai 2 Lakhs
Apollo Institute of Hospital Administration (AIMC) Hyderabad 1.3 lakhs

MBA Healthcare Administration: Job Profiles and Career Prospects

The major sectors where a person can obtain jobs after pursuing MBA Healthcare Administration are:

  • Hospitals
  • Health Insurance Sector
  • NGOs
  • Government healthcare projects
  • Healthcare marketing industries
  • Healthcare diagnostic chains

Some of the common MBA Healthcare Administration job profiles are listed in the table below:

Job Profile Job Description Average Annual Salary
Hospital Administrator Budgeting, Making new policies in compliance with govt. policies, enabling services in an effective manner. INR 6 Lacs
Healthcare Consultant They are the management analysts employed by the healthcare industry. They basically examine the efficiency, profits and structure of the organization, then offer suggestions on methods of improvement.  INR 9.17 Lacs
Pharmacist They dispense medications, counsel patients on the use of prescription and over-the-counter medications, and advise physicians about medication therapy. INR 1.69 Lacs
Human Resources Coordinator A professional who completes administrative duties for the human resources department of an organization.  INR 2.36 Lacs
Hospital CFO Work includes planning, managing finances and maintaining records. INR 8 to 9 Lacs
Healthcare Information Manager Work includes the processing information properly. Ensure the proper working of the computer for data processing. INR 4 to 5 Lacs
Hospital CEO Maintaining financial records and ensuring the smooth working of the hospital INR 9 Lacs

The following graph shows the MBA Healthcare Administration salary trends:

salry trends

MBA Healthcare Administration: Future Scope 

From the past several years, the healthcare sector has shown constant growth of 25% and will continue to do so in the future also. The salary of an administrator working for a medium grade hospital is around Rs.30,000 per month. The annual remuneration of an administrator in a super specialty 1000-bed hospital can easily go into lakhs of rupees. Special Efforts have been made by the government in order to provide healthcare in both rural and urban areas of the country. With more and more private players entering the hospital industry the demand for efficient administrators and managers is bound to go higher and higher. All of this will lead to an increase in the number of job opportunities in this industry.

MBA Healthcare Administration scope is rising day by day. Many factors like growth in health awareness, improvement in health policies, and demand for better health facilities are contributing to this growth. Furthermore, the increase in lifestyle diseases and alarming pollution levels are also causing more people to seek out medical help as well. According to a recent report by Forbes, up to 15% of the global healthcare spending will be tied in some form with value/outcome-based care concepts by the end of the following year.

After pursuing MBA Healthcare Administration you can also go for the following courses:

MBA Healthcare Administration: FAQs

Ques. What is the basic difference between the Healthcare Management and Healthcare Administration?

Ans. The basic difference between the two is that management runs the healthcare organization and administration handles the staffing. Healthcare Management is concerned with disciplines such as policy, accounting and facilities management. Whereas a healthcare administrator becomes familiar with the kind of medical research or treatment that will be offered by the hospital. This will be done in order to understand the staffing demands of the patients as well as the industry.

Ques. What kind of background is suitable for doing an MBA in Healthcare Administration?

Ans. MBA in Healthcare Administration is basically suitable for students with graduation in healthcare background. Healthcare background would include all medical and allied health disciplines. Students from other industries can also pursue this course provided they have valid skills and interests.

Ques. For an MBBS graduate, which field would be more better Healthcare Administration or Healthcare Management?

Ans. Both courses are equally beneficial. It all depends upon your prior skills and experience that which field suits you the most. A Healthcare administrator will focus on managing staff needs, whereas a healthcare manager will focus on the broader business aspects of a medical facility.

Ques. What is the scope of doing an MBA in Healthcare Administration?

Ans. If you already have a background in the field of healthcare then an MBA in this field will probably give a boost to your career. You can even work at international and government organizations like the WHO, UNICEF, UNESCO, etc. The healthcare industry has shown constant growth of 25% in the past several years and will continue to do so.

Ques. What is the kind of entry-level job we can get after an MBA in Healthcare Administration?

Ans. Healthcare Sector can offer a number of different profiles to the management professionals. 
Some of the entry-level roles that get offered to MBA Healthcare Administration are:

  • Hospital Administrator
  • Human Resources Coordinator
  • Operations Manager
  • Healthcare Consultant, etc.

Ask your question

Answered Questions

RM

Rishirita Mukharjee

09 May 22

GEMS B-School Bangalore offers a two-year-long MBA in Healthcare Management and Hospital Administration. Here is the semester-wise breakdown of the syllabus.

Semester  Subjects 
Semester - I Foundation of Leadership and Teamwork
Ethics and Responsibility 
Global Marketing 
Manegarial Economics 
Financial Planning and Management 
Semester - II Management Information Systems 
Research Methods and Statistics 
Organizational Theory and Development 
Business Law
E-Business
Semester - III Project Operations Management 
Risk Management Analysis and Mitigation 
Strategic Management and Implementation 
Hospital Services
Patient Relations & Healthcare Assistance 
Semester - IV Operations Management and Supply Chain Strategy
Inventory Management and Control
Health Related Laws & Ethics 
Hospital Planning, Design & Maintenance 
Masters Project Dissertation

This course is streamlined to make efficient professionals for the healthcare industry. 

...Show More

VK

Vishal Khanna

03 Mar 23

The best way to know if joining a certain program is worth it or not is to determine the ROI. This can be done by roughly comparing the fees with the average package. The table below shows the main statistics 

Particulars 

Statistics 

Fees

INR 18,31,200 (tuition) + ?2.04 Lakh (Hostel)

Average package 

INR 10.40 LPA (2022)

Highest package

INR 29 LPA

Now if we compare the fees for one year with the average package, you earn more in just one year. This talks of a high ROI. This program can be preferred over other programs mainly because of the higher ROI it offers than because of relatively lower fees. 

...Show More

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