Students in this course develop leadership and business communication skills and they are qualified for leadership roles in hospitals, healthcare agencies, insurance companies, or government agencies. They can also seek opportunities in the pharmaceutical, biotech, or health insurance industries. 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
- Rehabilitation center
- Organizations like WHO and UNICEF
MBA Healthcare Administration: Job Profiles
The major job profiles are that of business development manager, customer relationship manager, marketing manager, clinical service manager, support services manager, operations excellence manager, etc.
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 |
| Medical and Health Services Manager | Medical and Health Services Managers, also known as Healthcare Executives or Healthcare Administrators, plan, direct, and coordinate medical and health services. They might be in charge of managing an entire facility, a specific clinical area or department, or a medical practice for a group of physicians. | INR 6-8 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 |
| Health Service Manager | They ensure that healthcare facilities provide the most effective patient care. Health Managers plan and coordinate services in hospitals and clinics, overseeing specific departments or entire facilities. | INR 3-4 Lacs |
| Hospital CEO | Maintaining financial records and ensuring the smooth working of the hospital | INR 9 Lacs |
| Health Care Finance Manager | Their primary responsibility is to create, review, and report monetary statements for one department or the entire organization. Health care Finance Managers conduct data analyses to advise the facility's senior management staff on effective strategies to manage/ improve revenue. | INR 9-12 Lacs |
MBA Healthcare Administration: Salary Trends
The average salary for the post of a manager-administration across medical, healthcare and hospital industry is around 3 to 8.2 lacs per annum based on the experience in the field ranging between 6 to 12 years. The salary of a head or VP or GM Administrations is ranging from 4.5 lacs to 15 lacs per annum where the person earning 15 lacs has an experience of more than 15 years. The post of an Employee Relations Executive pays around 2.1 lacs per annum while an Employee Relations Manager is paid 2.2 lacs.
Following graph shows the salary trend according to job profiles-
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