MBA in Hospital Management Colleges, Salary and Scope

MBA in Hospital Management is a 2- year full- time program spread over 4 semesters. Minimum required eligibility for this course is graduation with a minimum aggregate score of 50% in any specialization such as BA, B. Com, B. Sc., MBBS, BPT, B. Pharm, BE, B. Tech, BDS etc.)

The average tuition fee charged for this course in India ranges between INR 1 to 7.5 lacs.

Successful postgraduates of the course in the country are offered an average annual salary ranging between INR 2,35,000 and 5,50,000.

MBA in Hospital Management: Course Highlights

Tabulated below are some of the major highlights of the course.

Course Level	Post graduate
Duration	2 years (Full time)
Examination Type	Semester System
Eligibility	Bachelor’s degree in any specialization
Admission Process	Entrance test or direct admission
Course Fee	INR 60,000 to 7,50,000
Average Starting salary	INR 2,35,00 to 5,50,000

MBA in Hospital Management: What is it About?

MBA in Hospital Management is designed to equip students with advanced business management skills required to organize and regulate complex healthcare delivery systems. The course curriculum is spread over 8 terms and in each of the first 4 terms, 10 weeks are dedicated to theory classes and hands on practical training, 1 week to examinations and 1 week to evaluation and result preparation. The comprehensive program aims at strengthening the students’ functional skills and deepening their understanding of multi-dimensional healthcare organizations by covering a wide range of subjects pertaining to Business Administration & Healthcare Management.

Top Institutes Offering MBA in Hospital Management

Compiled here is a list of the top institutes in India offering the course along with their respective locations and fees charged by each.

Name of Institute	City	Average Fees
Academy of hospital administration	Noida	INR 4,94,000 p.a.
ADN institute of paramedical science and hospitals.	Nagpur	INR 30,000 p.a.
Agasthya college of management studies.	Mangalore	INR 60,000 p.a.
Annamalai university	Cuddalore	INR 13,550 p.a.
ACMIT	Pune	INR 7,90,00 p.a.
Assam down town university	Guwahati	INR 34,000 p.a.
Bangalore university	Bangalore	INR 3,90,000 p.a.
Bharath college of paramedical science	Pala kottayam	INR 3,47,000 p.a.

Eligibility Criteria for MBA in Hospital Management

The following are the minimum criteria of eligibility needing to be fulfilled by candidates aspiring to take admission to the course:

• Graduation in any stream with at least 50% marks in aggregate.
• Qualifying any of CAT, XAT, MAT or GMAT.

MBA in Hospital Management: Admission Process

Candidates interested in pursuing the course need to have completed graduation in any discipline. The minimum eligibility criteria for admission may differ according to the institute offering the course.

Eminent institutes such as AIIMS, AFMC, etc. only allow admission to the PG course for students who have already attained an MBBS degree. Candidates interested in pursuing a doctoral degree need to have an MBA in Hospital Management. Additionally, candidates are needed to qualify any of the relevant national level entrance exams such as CAT, MAT and XAT. Candidates may also choose to apply for and appear in any of the university level entrance exams conducted at the level of the university.

MBA/PGDM Colleges In Tamil Nadu

MBA/PGDM Colleges In Karnataka

MBA/PGDM Colleges In Telangana

MBA/PGDM Colleges In Delhi NCR

MBA in Hospital Management: Career Prospects

MBA in Hospital Management has been designed to develop professionals in the field of Hospital Management through a comprehensive post-graduate program. It offers intensive practical training in the operational and administrative areas of a hospital. It equips them with management skills like planning, organizing and decision- making with specific relevance to healthcare industry.

 Existing healthcare organizations are expanding hospitals in new service areas and new organizations are entering the domain. 7 of the 20 fastest growing occupations are health- care related. Health care is likely to generate 3 million new salaried jobs between by 2024.

The course focuses on management of healthcare and hospital facilities with a syllabus designed for the rapidly expanding healthcare sector and prepares postgraduates for dealing with the management- related challenges in the sector.

Some of the top recruiters for MBA in Hospital Management are listed here:

• Fortis
• Max Healthcare
• Alchemist
• SevenHills Hospitals
• World Health Organization
• Apollo hospitals
• Medanta The Medcity
• Paras Hospitals
• Sankara Eye Care

Listed here are some of the popular job positions offered to successful postgraduates of the discipline with the corresponding job descriptions and salaries offered.

Job Position	Job Description	Average Pay Scale
Healthcare Finance Managers	Responsible for overseeing the day to day financial activities of healthcare institutions and are responsible for budgeting, financial planning, financial analysis and reporting of daily financial activities. The job is highly dynamic and requires managers to be constantly updated about the latest insurance and healthcare financing regulations and options to allow efficient payment handling.	INR 9,56,578 P. A
Medical and Health Service Management	Responsible for planning, directing and coordinating all the healthcare services provided by the healthcare service provider to ensure timely and efficient delivery of services.	INR 36,87,600 P. A
Hospital Administrators	Responsible for ensuring that the services provided by their healthcare institution run smoothly and effectively, and patients receive timely treatment. Hospital administrators are also responsible for the recruitment of staff including doctors, interns and nurses. In larger hospitals, there may be multiple administrators in charge of specific departments	INR 4,14,536 P.A
Medical Director	Responsible for ensuring proper and timely administration of treatments at clinics, hospitals, blood banks and more. They take care of any kind of grievances any patient might have and are responsible for the assignment of staff for each patient. Medical directors are often in charge of medical ethics and they look after maintaining transparency in the organization they work in.	INR 2,08,245 P. A
Blood Bank Administrator	Responsible for proper evaluation of inventory and coordinating all operational functions of a blood bank. They provide operational oversight to the 3 most important functions of a blood bank – receipt, storage and delivery.	INR 30,69,120 P. A
HR Recruiter	Responsible for overseeing recruitments of new staff including nurses, doctors and assistants at hospitals, nursing homes, blood banks, medical clinics and other healthcare institutes. HR Recruiters at medical facilities are responsible for maintaining a healthy atmosphere at the workplace and they also ensure that the staff abides by the rules and regulations of the facility and that medical staff carry out their duties ethically and responsibly.	INR 1,94,302 P. A

MBA in Hospital Management: Syllabus and Course Description

The course explores concepts of the evolution and structure of and current issues in the health care system. It examines the unique features of health care as a service, and the changing relationships between patients, physicians, hospitals, insurers, employers, communities, and government. The course examines 3 broad segments of the health care industry, namely payors, providers and suppliers. Within the payor segment, the course examines the sources and destinations of spending, managed care, employer- based health insurance, technology assessment, payor strategy, and efforts to fund the elderly, the poor & the financially indigent.

Within the provider segment, the course examines the impact of cost containment and competition on hospitals and integrated delivery systems, long- term care provision and disease management, and the important role of epidemiology in assessing population health needs and risks. Within the supplier segment, the course examines developments in disciplines of biotechnology, pharmaceutical, medical devices, genomics and IT industries.

Given below is a semester- wise breakup of the course’s syllabus.

Semester I	Semester II	Semester III	Semester IV
Compulsory subjects
CT 26 Principles of Management	CT 19 Production and Operations Management	CT 03 Principles of Hospital Planning	CT 17 Business Communication
CT 73 Managing Human Resources	CT 33 Marketing Management	CT 04 Essential Elements of Hospital Management	CT 28 Project Management
CT 74 Accounts and finance for Managers	CT 71 Managerial Economics	CT 05 Community Health, Demography & Biostatistics	CT 29 Business Laws
Optional Subject (select any one)	Optional Subject (select any one)	CT 06 Medical Records & Hospital Inventory Management	Optional Subject (select any one)
CT 31 Business Environment	CT 10 Strategic Management & Entrepreneurship	Optional Subject (select any one)	CT 38 Corporate Governance and Business Ethics
CT 40 ERP & MIS	CT 20 Quantitative Techniques for Managers	CT 08 Functional Hospital Organisation	CT 15 Research Methodology
-	-	CT 46 Anatomy, Physiology and Pharmacology	CT 50 Project Work

Aspirants seeking admission to 2 year Full-time Program should have a bachelor's degree in any discipline from any recognized University.