Saurav Anand
Table of Contents
What is an MBA in Hospital Management?
To answer this question we have shown several details about the MBA in hospital management colleges, salary, etc. but before starting let’s understand the basic definition of MBA in hospital management – MBA Hospital Management is a two-year postgraduate program aimed to provide students with a thorough understanding of the healthcare industry and its dynamics. This professional program is heavily focused on the planning, control, and management of the healthcare system and its administration.
The Master of Business Administration in Hospital Management is the most popular of the several Hospitality Management Programs available. Employment and income in the healthcare industry have grown rapidly in India in recent years. Opportunities for students in this field are many because of the importance of administrative tasks including planning, organizing, and directing in the healthcare industry.
Quick Questions
Q. What is the typical cost of an MBA in Hospital Administration?
Ans. The academic cost of an MBA in Hospital Administration varies per institution. The typical college fee varies from Rs. 200,000 to Rs. 500,000.
Q. How useful is it to get an MBA in healthcare administration?
Ans. The main gains from taking this class are as follows: Earning a master’s degree in healthcare business management will expand your professional horizons to include a wide range of administrative positions in the healthcare sector.
Students holding a bachelor’s degree (B.Sc., B.Com., BA, BPT, B. Pharm, MBBS, BE, B-Tech, BDS, etc.) may enroll in this MBA concentration over the course of four semesters. The first year is spent on the basics of management, while the second and third years are dedicated to learning more advanced topics. All aspects of the program prepare students for professional obligations such as-
- Management & Medical staffing
- Management & Research in Healthcare
- Strategic Management
- Planning and Control
- Epidemiology & Community Health
Seminars, visits to relevant businesses, lectures by experts in the subject, and online presentations all make up part of the curriculum for this graduate certificate. Students get the right amount of exposure throughout their degree program. Delhi, Bangalore, and Pune are home to some of the best management schools in the world, and these cities also boast some of the highest placement rates.
MBA in Hospital Management Top Colleges
Please find a list of some of the best schools that offer an MBA in Hospital Management below.
| Institutes | Average Fees |
|---|---|
| Aligarh Muslim University | INR 4.05 lakhs |
| School of Management | INR 7.1 lakhs |
| MGM Institute of Management & Research | INR 2.5 lakhs |
| People’s Institute of Management & Research | INR 1.4 lakhs |
| Pacific University | INR 1.5 lakhs |
| Institute of Management Studies, Devi Ahilya Vishwavidyalaya (IMS DAVV) | INR 1.26 lakhs |
| JSS Academy of Higher Education & Research | INR 3.57 lakhs |
MBA in hospital management salary and tuition expenses in India varies between INR 1.5 and INR 7 lakhs per year, while the average yearly pay paid to such individuals is between INR 2 lakhs and INR 10 lakhs per annum.
MBA in hospital management scope include financial administration, scheduling of direct care services, recruiting and staff management, health information management, and a range of other tasks. Check MBA in hospital management colleges list, which is given in the article below.
MBA in hospital management distance education – In addition to the conventional course, MBA Hospital Management Distance Education in India is available. The least time required to finish this course at a distance is two years, with a maximum time of five years.
MBA Hospital Management Distance Education is ideal for working individuals who do not have the time to commit to a traditional classroom education.
On average, the course MBA Hospital Management Distance Education costs between INR 13,000 and 60,000, which is much cheaper than the cost of a conventional MBA Hospital Management.
Some of the prominent institutions that offer the education through distant mode are IGNOU, Anna University, Bharathiar University, and others.
MBA in hospital management qualification Before enrolling for MBA Hospital Management Distance Education, the following qualifying conditions must be met:
- The applicant must have valid standard 10 and 12 certifications from a recognized board.
- A graduate of a recognized institution is required.
| College/ University & Location | Fees/ Year |
|---|---|
| St. Joseph’s College of Commerce, Bangalore | INR 3,90,000 |
| Symbiosis Institute of Health Sciences, Pune | INR 3,20,000 |
| Amity Global Business School, Noida | INR 3,90,000 |
| IIHMR University, Jaipur | INR 4,50,000 |
MBA in hospital management fees charged for the course in India ranges between INR 1.5 to INR 7 lakhs per year, and the average annual salary offered to such professionals ranges between INR 2 lakhs to INR 10 Lakhs per annum.
MBA in Hospital Administration Entrance Exam, Applicants must register for management entrance tests such as the CAT, XAT, GMAT, SNAP, and others on the official website of the examination organizing organization.
People Also Ask
Q. How does one go about getting an MBA in Hospital Management?
Ans. After finishing your diploma in the same field, you may pursue an MBA in Hospital Management to further your abilities and academic qualifications. Graduates of Hospital Management might begin their careers as Assistant Hospital Administrators, Managers, or Consultants. They might be elevated to the post of CEO before gaining adequate experience. Some popular career profiles for Hospital Management graduates include.
Q. How long does an MBA in Hospital Management last?
Ans. Yes, you may apply for and pursue a Master’s degree in Hospital Administration. The Masters in Hospital Management program will last two years, split into four semesters. The following are the course’s eligibility requirements.
Q. How much does a Hospital Management graduate make on average?
Ans. Salaries in the hospital management area vary depending on academic record, certification level, and industrial experience. A graduate in hospital management may expect to earn between INR 20,000 and INR 30,000 in their first year. Those with master’s degrees, on the other hand, are entitled to a higher designation and may earn INR 4.5 lakh to INR 12 lakh per year. MBA holders may expect to earn up to INR 25 lakh per year.
Q. I have completed my bachelor’s degree in pharmacy and want to pursue a master’s degree in hospital administration; am I eligible?
Ans. Citizenship: Indian nationals are eligible to apply under the General Category. Foreign nationals, Non-Resident Indians, and Indian nationals sponsored by NRI relatives are eligible to apply under the Foreign/ NRI Category.
Qualification: A Bachelor’s Degree in Health Sciences / MBBS / BDS / Allied Health Sciences programs from a recognized university with a minimum of 55% aggregate marks or equivalent is required.
Q. How would the Hospital Management course benefit me?
Ans. The following are the primary topics covered in the course:
- Healthcare legislation
- Taking care of hospital funds
- Developing Community Relations Public Policy
Q. What are my possibilities after earning a Bachelor of Science in Hospital Management?
Ans. The possibilities are as follows:
- Medical College Deans and Directors
- Deputy Superintendents Hospital Superintendents
- Nursing Directors Medical Directors
- Department Directors
- Administrators
- Managers of Healthcare Finance
MBA in Hospital Management Overview
| Course Level | Post-graduation |
| MBA in Hospital Management Duration | 2 years |
| MBA in Hospital Management Examination Type | Semester System |
| MBA in Hospital Management Eligibility | Bachelor’s Degree in any field |
| MBA in Hospital Management Admission Process | MCQ-type entrance test followed by a group discussion and interview |
| MBA in Hospital Management Course Fee | INR 1.5 to INR 7 lakhs |
| MBA in Hospital Management Average Annual Salary | INR 2 lakhs to 10 lakhs |
MBA in Hospital Management Admission Process
Candidates interested in pursuing an MBA in Hospital Management must have a bachelor’s degree in any area. The applicant must meet the qualifying standards for admission, which may vary depending on the institution delivering the course.
Candidates must pass any of the necessary MBA entry examinations, such as the CAT, MAT, or XAT. Most colleges in India that offer the course accept students based on their performance in the entrance exam, which is a one-hour MCQ-style test followed by a group discussion and a personal interview round.
After enrolling for and taking the admission examinations. Candidates are chosen depending on their merit or their performance in the admission tests. Before admitting students to programs, colleges undergo rounds of counseling, personal interviews, and group discussions.
What are the eligibility requirements for the MBA in Hospital Management?
The following are the minimum qualifying requirements that individuals seeking admission to this MBA program must meet:
- Graduation from a recognized university in any stream with at least 50% in aggregate.
- For SC/STs/other backward classes, a bachelor’s degree in any field with at least 40% in aggregate is required.
- Passing any of the MBA entrance examinations, such as the CAT, XAT, MAT, or CMAT.
MBA Hospital Management Entrance Exams
The top MBA Hospital Management entrance exams
Top Colleges for MBA in Hospital Management
With the expansion of India’s healthcare system, a number of private and public management universities have begun to offer this specialized MBA program. The finest B-schools in India offer its students with world-class facilities and education of the highest level. Some management institutions also have academic partnerships with overseas universities, giving students worldwide exposure.
Various commercial and government entities conduct yearly surveys of management schools. Surveying organizations such as TOI, Outlook, The Week, ET, and India Today would rate institutions based on their performance in areas like infrastructure, placement, academics, faculty, laboratories, and papers produced.
Top MBA in Hospital Management Colleges in India
| College/ University & Location | Fees/ Year |
|---|---|
| St. Josephs College of Commerce, Bangalore | INR 3,90,000 |
| Amity Global Business School, Noida | INR 3,90,000 |
| Symbiosis Institute of Health Sciences, Pune | INR 3,20,000 |
| Amity Global Business School, Noida | INR 3,90,000 |
| IIHMR University, Jaipur | INR 4,50,000 |
| KJ Somaiya Institute of Management Studies & Research, Mumbai | INR 3,60,000 |
| School of Management MIT WPU, Pune | INR 3,75,000 |
| Alliance School of Business, Bangalore | INR 3,50,000 |
Top MBA in Hospital Management Colleges in Delhi
| College/ University & Location | Fees/ Year |
|---|---|
| Amity Global Business School, Noida | INR 3,90,000 |
| Faculty of Management Delhi University, New Delhi | INR 96,000 |
| Asia Pacific Institute of Management, New Delhi | INR 4,80,000 |
| IBMR Business School, Gurgaon | INR 2,32,500 |
Top MBA in Hospital Management Colleges in Bangalore
| College/ University & Location | Fees/ Year |
|---|---|
| St. Josephs College of Commerce, Bangalore | INR 3,90,000 |
| Alliance School of Business, Bangalore | INR 3,50,000 |
| Mount Carmel Institute of Management Studies, Bangalore | INR 2,25,000 |
| Christ Academy Institute of Advanced Studies, Bangalore | INR 2,25,000 |
| Christ Academy Institute of Advanced Studies, Bangalore | INR 2,25,000 |
| Manipal Academy of Higher Education, Manipal | INR 3,19,000 |
Top MBA in Hospital Management Colleges in Pune
| College/ University & Location | Fees/ Year |
|---|---|
| Symbiosis Institute of Health Sciences, Pune | INR 3,20,000 |
| School of Management MIT WPU, Pune | INR 3,75,000 |
| Armed Forces Medical College, Pune* | INR 1,29,000 |
| MIT World Peace University, Pune | INR 3,75,000 |
| Institute of Business Management & Research | INR 80,000 |
MBA in Hospital Management Scopes
Students who successfully complete an MBA Hospital Management degree may take control of numerous parts of health and hospital management. The potential in this area is enormous, since India’s nursing homes, hospitals, and other medical enterprises are rapidly expanding. A MBA degree might easily get you a management job in the healthcare field.
Relevant Job Profiles:
- Healthcare Consultant
- Hospital CEO
- Hospital Administrator
- Pharmaceutical Product Manager
- Medical Practice Manager
- Hospital CFO, etc.
These are the most well-known management positions in the healthcare business for MBA students. Students may anticipate a competitive salary for these employment positions. Employment opportunities abound in both the governmental and private sectors. Some of the relevant career sectors for students obtaining an MBA in Hospital Management include:
- Medical Consulting Firms
- Pharmaceutical Companies
- Non-Governmental Organizations
- Nursing Homes
- Health Clinics
- Super-Specialty Private Hospital
- Super-Specialty Government Hospital
- Long Term Care Facilities
Higher Studies:
This PG curriculum is very specialized in its own right. However, if a person want to study, a Master’s degree in Public Health is the ideal alternative. This degree improves one’s employability in all government sectors. Few students also pursue international certification courses, which qualify them to work overseas.
MBA Hospital Management Placements – Many prominent MNCs and organizations visit management institutes in India to employ young individuals with an MBA Hospital Management degree. In their last year of their degree program, students appear for campus placement. The placements for this degree are fairly excellent, with an average package of 7-8 LPA approx. Maximum Package: 15-20 LPA & 8 LPA is the average package.
MBA in Hospital Management Syllabus
The curriculum of a Master of Business Administration (MBA) in Hospital Management focuses on healthcare administration and management. As a result, not only does this course include management-related material, but it also includes some medical-related material.
MBA in Hospital Management Courses, by Semester
Semester l
- Marketing Management
- Principles of Management
- Business Statistics
- Organizational Behavior
- Business Law
- Financial Accounting
- Managerial Economics
Semester ll
- Financial Management
- Marketing Strategy and Applications
- Business Mathematics and Operation Research
- Organization and Administration of Clinical Services
- Management of National Health Programs
- Materials Management
- Human Resource Management
Semester lII
- Management Information Systems
- Business Policy and Strategic Management
- Pharmaceutical Management
- Quality Management
- Legislation for Health and Hospital
- Health Education and Communication
- Foreign Language
Semester lV
- International Business
- Applied Epidemiology
- Hospital Planning
- Management controls Systems
- Foreign Language
- Environment Management and Business
- Final Projects
Are you looking for MBA in Hospital Management Distance Learning?
In addition to the conventional course, MBA Hospital Management Distance Education in India is available. The least time required to finish this course at a distance is two years, with a maximum time of five years.
MBA Hospital Management Distance Education is ideal for working individuals who do not have the time to commit to traditional classroom education.
On average, the course costs between INR 13,000 and 60,000, which is much cheaper than the cost of a conventional MBA in Hospital Management.
Some of the prominent institutions that offer education through distance mode are IGNOU, Anna University, Bharathiar University, and others.
How to Apply for MBA Hospital Management Distance Education?
Before enrolling for MBA Hospital Management Distance Education, the following qualifying conditions must be met:
- The applicant must have valid standard 10 and 12 certifications from a recognized board.
- A graduate of a recognized institution is required.
The requirements listed above are the most fundamental, and extra criteria may be required depending on the institution selected.
Once the applicant has confirmed that he or she has satisfied the requirements, the admissions procedure may begin. However, the admission procedure for MBA Hospital Management Distance Education is not as stringent as the normal mode of study.
It should be noted that in order to follow the course at a distance, more weightage is given to Personal Interview rounds rather than admission exams. However, except for IGNOU’s OPENMAT, very few institutions have their own admission tests, which are university-based rather than commonly national or state-level MBA entrance exams.
Following are the steps for MBA Hospital Management Distance Education admission:
- Fill out the online application form
- Apply for any available entrances and submit all needed documentation.
- Before submitting the form, double-check it. Check to check that you have chosen the correct course, as well as the necessary options.
- After submitting the application, pay the registration costs and download the payment receipt and acknowledgment card.
- This is an optional stage, since it is just essential to verify all of the relevant information, download the admission card, and sit for the entrances if any exist.
- The last step is to wait for the results, and if there are no entries, then keep an eye on the website and the status of your registration to acquire the most recent information. After the applicant confirms that they have completed the preceding processes, admissions will be given, followed by counseling and personal interview rounds.
MBA Hospital Management Distance Education Colleges
Tabulated below are some of the top universities offering MBA Hospital Management Distance Education in India.
| Name of the University | Average Fees (INR) |
|---|---|
| IGNOU, New Delhi | 2,75,000 |
| Anna University, Centre For Distance Education -[CDE], Chennai | 31,150 |
| Bharathiar University, School Of Distance Education – [BU-SDE], Coimbatore | 12,550 |
| Annamalai University, Directorate Of Distance Education, Annamalai | 14,050 |
| The University Of Madras, Institute Of Distance Education, Chennai | 18,850 |
| Alagappa University, Directorate Of Distance Education – [DDE], Karaikudi | 36,300 |
MBA Hospital Management Distance Education Syllabus
The MBA Hospital Management Distance Education curriculum and a conventional method of study are quite similar. However, the manner of delivery in remote education is different since there are no class sessions. Some distance universities, on the other hand, only concentrate on the core subjects of MBA Hospital Management.
Some of the main topics MBA Hospital Management Distance Education are listed here.
| Introduction to Hospital Management | Hospital Planning and Administration |
| Hospital Records Management | Principles of Hospital Management |
| Hospital Related Laws | Hospital Information System |
| Hospital Hazard management | Hospital Planning |
| Financing of Health Services | Pharmaceutical Management |
Once the applicant has completed their MBA in Hospital Management Distance Education, they will be able to find work in the healthcare and hospital industries. The average salary offered to these graduates ranges from INR 3-5 LPA.
After finishing the training, some of the top recruiters to work with are Apollo, Fortis, Medanta, Cipla, Max Healthcare, and others.
MBA in Hospital Management Abroad
| College Name | Fees (INR) |
|---|---|
| University of Alabama | 22,57,300 |
| University of Minnesota- Twin Cities | 38,39,700 |
| University of Michigan Ann Arbor | 53,01,700 |
| University of North Carolina Chapel Hill | 49,49,200 |
| Rush University | 26,11,700 |
Conclusion
While there are several prominent specializations in management studies, the MBA in Hospital Management or MBA in Healthcare Management has recently gained popularity. This specialization is a two-year post-graduate degree available at various universities across India and overseas. The Hospital Management course prepares students for management and administrative positions in a hospital or healthcare facility.
Hospital management is mostly taught at the postgraduate level, however, a few courses in healthcare management are taught at the graduate level as well. MBA in Hospital Management programs are available full-time, online, and through distance education.
Frequently Asked Questions about MBA in Hospital Management
Q. What are the best MBA Hospital Management Distance Education institutions?
Ans. IGNOU, Anna University, Bharathiar University, Alagappa University [DDE], and others are among the best MBA Hospital Management Distance Education institutions.
Q. How long does MBA Hospital Management Distance Education last?
Ans. MBA Hospital Management Distance Education takes a minimum of two years and a maximum of five years.
Q. What is the typical cost of an MBA Hospital Management Distance Education program?
Ans. MBA Hospital Management Distance Education costs between INR 13,000 and 60,000 on average.
Q. Are the MBA Hospital Management Distance Education and normal education curriculum the same?
Ans. Yes, the MBA Hospital Management Distance Education and traditional education syllabuses are the same. However, there is some leeway in the number of topics that must be studied.
Q. Is it good to do an MBA in hospital management?
Ans. Because management in the health sector is unique, you can increase your chances of getting hired as a manager or administrator with hospitals, clinics, practices, or other agencies with an MHA. Once you get your foot in the door, you will enjoy job stability and a lot of growth potential as you gain experience.
Q. What job will I get after my MBA in hospital management?
Ans. After completing an MBA in healthcare and hospitality management, your major focus areas as a career include Hospital administration, Patient care services, Nursing home administration, medical staff relations, and much more.
Q. What is the value of an MBA in Hospital Management?
Ans. An MBA degree can help in securing a well-paying job in top MNCs and pharma companies. The average salary ranges between Rs 5-12 lakh per annum. The high salary bracket is also taking into consideration that these roles may require working at odd hours, considering this involves public health.
Q. Is Hospital Management a good career?
Ans. A professional in hospital management or the healthcare industry has job openings in global as well as national markets. Expert professionals also get work opportunities for international projects. This profession has great versatility.
Q. Which is better MBA in Hospital Management or hospital administration?
Ans. MHA is a much more specialized course and provides you with better skills and tools to operate in a hospital environment. Generally, speaking MBA is an expensive course. Most MBA colleges have high course fees and other expenses.
