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Komal
17 January, 2025
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Have you ever wondered how a master’s degree can land you in healthcare? Yes, you heard it right! The healthcare industry is not limited to treating patients with the best doctors, nurses, and medicines; it is open to the world of management students aspiring to be a part of the healthcare industry, making you the backbone of world-class facilities.
Healthcare management aims to structure the healthcare administration to provide better facilities globally. The healthcare industry is not limited to the upper class of society; instead, it is one of the few industries each individual requires during their lifetime. Let’s explore further eligibility, colleges, fees, and career opportunities after an MBA in healthcare management.
An MBA in healthcare management opens a gateway to ample career opportunities. You can work in general management, finance, HR, marketing, and C-suit in drug development, insurance, MedTech, and clinical settings. The standout feature of this degree, in particular, is its versatility. You can become a pharmaceutical brand manager, sales consultant, insurance coordinator, CEO, COO, or CFO in a renowned hospital.
The world of Healthcare is so vast that an MBA in the field can help you upskill your knowledge, guide you through career transition, increase earning potential or gain a broader perspective. Let’s delve into the curriculum of Healthcare Management combining the core business subjects with specialised Healthcare courses.
| Course Details | Information |
| Course Name | MBA in Healthcare Management |
| Course Type | Masters’ Programme |
| Modes | Full-Time, Part-Time, Distance, Online |
| Eligibility | Graduate in any field with a minimum of 50% marks in aggregate from a recognised university |
| Duration | 2 Years |
| Average Salary Offered | INR 5 LPA – 40 LPA |
| Employment Roles | Hospital Administrators, Food and Beverage Managers, Medical and Healthcare Service Managers |
| Colleges | Symbiosis Centre for Distance Learning, ICFAI University, DY Patil University Online |
| Average Fees | INR 50,000 – 2,00,000 |
📈 The demand for healthcare professionals and healthcare management is projected to double nationally by 2030. (Economic Times, 2023)
💬 “There has been a steady increase in demand for healthcare professionals in India as well as globally since COVID-19 owing to growing population, demographic shifts, and the rise of non-communicable diseases.”
— Sachin Alug, CEO (NLB Services)
There is a rising demand for management professionals in healthcare management, especially after COVID-19. This is due to the rise of many healthcare problems people have started facing after recovering from COVID-19. There is a high demand for trained professionals in the healthcare management sector. Another reason for the high scope of healthcare after an MBA is the large population. The rapid growth of the population demands more healthcare professionals and management trainees. Rapid urbanisation also has a vital role in this. The government and private sectors need skilled professionals in managing the healthcare sector.
An MBA Degree in healthcare management is the same as having dual superpowers! Getting an MBA is actually about blending the skills of healthcare management and business management. You may be required to perform at your best, but you should be your ship’s captain. Through an MBA in healthcare, you understand business and healthcare, which shall help you make better judgments and enhance the operations of healthcare organisations. Becoming a healthcare manager improves your decision-making, communication, and efficiency. Moreover, you are welcomed into a world where patience and intelligence lie in the same place.
MBA in Healthcare Management focuses on the business aspects of the Healthcare industry. The key benefits of an MBA in Healthcare Management are as follows:
The key benefits of an MBA in Healthcare Management are as follows:
Let us check out the latest MBA in Healthcare Management curriculum. The curriculum includes 4 semesters (2 years)
| Semester 1 | Semester 2 |
| Fundamentals of Healthcare Administration | Cost Accounting |
| Healthcare Legislation | Strategic Management in Healthcare |
| Managerial Economics | Healthcare Policies & Regulations |
| Quality Assurance | Fundamentals of Digital Marketing |
| Marketing Management | Management of Disease Control |
| Principles of Management | Healthcare Accounting |
| Conflict Management | Business Research Methods – Workshop |
| Hospital Operation | Healthcare Accounting |
| Financial Accounting | |
| Bio-Statistics and Operations Research |
| Semester 3 | Semester 4 |
| Operations Management | International Health |
| Healthcare Planning | Healthcare Informatics |
| Epidemiology Concepts | Anatomy, Physiology and Medical Terminology |
| Quality Management and Insurance | Legal Aspects of Healthcare |
| Customer-Centric Organization | HR in Hospitals |
| Healthcare Analytics | Revenue Cycle Management in Healthcare |
| Branding in Healthcare | Healthcare Information System |
Most of the universities require the following eligibility criteria:
📌Note: It is important to note here that the above-mentioned eligibility criteria are the general criteria that most universities follow. Admission to the top universities offering is based on the above-mentioned criteria. However, in India, several private and government institutes offer hospital administration MBA programmes, and as a result, the requirements may vary depending on the university. Additionally, some universities require you to appear for a personal interview/group discussion/micro-presentation.
In addition to the above-mentioned criteria, some of the universities require candidates to appear for a personal interview/group discussion/micro-presentation.
| Exam Name | Exam Date |
| CAT 2023 | 26th November 2023 |
| MAH | Likely to be held in March, 2024 |
| CET | To be declared |
| XAT 2024 | 7th January 2024 |
| MAT 2023 | MAT PBT: 3 September 2023 MAT CBT: 17 September 2023 |
| TISS | To be declared |
| NET | 6-14 December, 2023 |
The fee structure of the MBA programme in Healthcare Management depends on various factors and hence, varies considering the infrastructure, location, university, mode of study etc. However, the average tuition fee of the programme ranges from Rs. 1,00,000 to 7,00,000.
The second step towards the journey of success is to pick the college that fits your career ambition, financial budget and career choices best. There are multiple colleges in India which provide all the above-mentioned categories, let us take a look at the best colleges in the three categories of mode: Regular, distance and online.
Regular MBA healthcare will works best if you like to attend traditional classes, connect with peers, interact with faculty, and indulge in projects. Here is a list of regular colleges and their total fees.
| Name of the College | Fees (INR) |
| Chandigarh University | INR 165,000 (per semester) |
| LPU – Lovely Professional University | INR 140,000 (per semester) |
| Chitkara Business School, Chitkara University, Chandigarh | INR 135,000 – 175,000 (vary across semesters) |
| Amity University, Gurugram | INR 215,000 (1st Year Non-Sponsored Semester) |
An online MBA is ideal if you want flexibility, balance, and study in your schedule. Online classes allow you to attend classes according to your schedule and manage your work-life balance. If you live far from the campus of your MBA dream programme, distance colleges are the right choice for you. Here is the list of best online/distance MBA healthcare colleges along with their fees:
| Name of the College | Fees (INR) |
| Indian Institute of Management, Kozhikode (IIM-K) | INR 5,35,500 Complete Course |
| Symbiosis Centre for Distance Learning | INR 1,50,000 Complete Course |
| ICFAI University | INR 80,000 Complete Course |
| DY Patil University Online | INR 1,70,000 |
| IGNOU | INR 15,500 – 17,500 (vary as per semester) |
| Suresh Gyan Vihar University | INR 30,000 – 40,000 (annually) |
Related: Top 10 Online MBA Colleges in India
Finding the right college is the key. Consider these factors before finalising a college for an MBA in healthcare:
Recruiters are actively looking for different job roles under MBA healthcare management. Here is a closer look at the job roles with salary. However, salary range may vary according to organisation and level of expertise.
| Job Role | Salary (INR) |
| Medical Director | INR 15 LPA – 35 LPA |
| Clinical Manager | INR 7 LPA – 27 LPA |
| Research Manager | INR 6 LPA – 15 LPA |
| Hospital Administrator | INR 7 LPA – 20 LPA |
| Health Information Manager | INR 6 LPA – 19 LPA |
| Hospital Financial Manager | INR 8 LPA – 27 LPA |
| Medical Coding Specialist | INR 7 LPA – 20 LPA |
| Medical College Dean | INR 20 LPA – 30 LPA |
Here is the shorter version of Regular, Distance and Online MBA in healthcare colleges to pick what works the best for you:
| Factors | Regular MBA | Distance MBA | Online MBA |
| Learning Environment | In-person lectures, discussions, workshops | Pre-recorded lectures, online study materials | Live online interactions, real-time engagement |
| Flexibility | Limited flexibility due to full-time commitment | Flexible scheduling, study at own pace | Flexible scheduling, study at own pace |
| Interaction | Personalised guidance from faculty, peer interactions | Virtual interaction with faculty, classmates | Live online interactions, real-time engagement with peers |
| Campus Resources | Access to libraries, labs, career centres | Reliance on online resources, limited access to campus | Depends on online resources |
| Affordability | Higher fees due to campus infrastructure | Relatively lower fees compared to regular MBA | Often carries the most affordable price tag |
| Challenges | Potential impact on work/personal life | Requires self-discipline, may miss out on campus community | Technical glitches, potential distractions at home |
Alas! The future of an MBA in healthcare looks limitless, so why put limits on your career? This is your chance to become the next successful leader at one of the top healthcare in India. You have all the options to pick from, regular, distance and online, now it is your time to take a pen of paper and gather what suits your success, budget, career goals and personal lifestyle. The goal is to align your skills with your career. Get set going with the superpower of both worlds.
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