MBA IN HEALTH CARE MANAGEMENT is based on the concepts of leadership, ethics and global business. The health sector is undergoing transformation, growth and change, offering compelling challenges for emerging managers and leaders and opportunities. With the healthcare industry witnessing remarkable growth in the last few years, the concept of healthcare has gone beyond hospitals and now it is related to a gamut of quality services linked to hospitals. This in turn has increased the demand for quality healthcare professionals in India. Keeping this point in view, we focus on Top MBA Colleges In Health Care Management.
The Health Sector Management Program (HSMP), founded in 1972, prepares talented students for leadership roles throughout the health industry. Graduates assume leading positions in biotechnology, pharmaceuticals, medical devices, diagnostics, hospitals and health systems, consulting, health information technology, insurance and many other industry segments. The Health Sector Management MBA provides comprehensive business and management fundamentals as well as digging deep into the field. Enrolling in an MBA of Healthcare Management program enables one to pursue a rewarding career in the medical sector. Today’s evolving healthcare industry calls for leaders who demonstrate innovation and leadership in the face of growing change. The program notes particular strengths in health economics and health management. Health Care Management appeals to those interested in the pharmaceuticals sector, biotech health services, government agencies, insurance organizations, health maintenance organizations (HMOs), and consulting firms that specialize in the health care sector.
Why MBA in Healthcare Management ???
Healthcare is one of the fastest growing sectors. A major challenge for the Indian healthcare industry would be not only to retain the healthcare workforce but to develop an environment that would encourage the NRIs to come back. Even if the number of doctors were to increase from 1.5 to 2 per 1000 to match with international standards, India still would need 2,00,000 doctors and 5,00,000 nurses beside another 2,00,000 healthcare management personnel. This is why one can readily find lucrative job opportunities once he/she earns an MBA in Healthcare Management degree. A degree program in healthcare management will open the doors to various job positions in the healthcare industry. One will be qualified to take on jobs as administrative personnel in healthcare settings, medical interpreter, medical transcriptionist, medical secretary, patient representatives, health information technician, medical health services manager, nursing executive, health director, etc. These job positions offer great income levels that can go up to $75,000 per year. There are many chances of promotion and growth in healthcare administration on the same hand. The program’s graduates are exceptionally well prepared to play leading roles in the diverse organizations and specialties that make up this vitally important industry, one that is constantly changing as a result of innovations in science and technology, economic forces, human demand, and governmental and social policy.
Today, healthcare is the third largest service sector at US $35 billion in India and is expected to reach US $75 billion in next few years. Of all the hospital expansions in the near future, the private sector will account for 80% of this spending. There is much demand for professionals in different medical settings.
Careers: Following are the areas where a postgraduate in health management can shape up his/her career.
- Health Information Managers, Medical Record Officers or Administrators.
- Health Insurance Managers.
- Coding Specialists.
- Medical Transcriptionists or Proffers or Editors.
- Quality Analysts in Research Centers.
- Government and Private Hospitals.
- Health Insurance Firms.
- Diagnostic Centres.
- Community health services.
- Medical Transcription Firms.
- Accreditation Agencies.
- Educational Institutes.
- Business Processing Outsourcing (BPO).
On earning an MBA of Healthcare Management degree one can work as a :
- Healthcare Manager
- Healthcare Planner
One may initially start as Assistant Hospital Administrator or as a Manager of Non-health departments like finance. Healthcare managers gradually move into more responsible and highly paid positions such as Assistant or Associate Administrator and finally they can become CEO or move to even higher positions. The starting salaries could vary from 5 to 8 lakhs per annum.
Eligibility for career in MBA in Healthcare Management :
MBA in healthcare management can be a good choice for Graduate or Postgraduate students from a recognized university in life science, health science, allied health sciences, microbiology, pharmacy, biotechnology, medicine, nursing, physiotherapy, dentistry, homoeopathy, ayurvedic, veterinary science and paramedics. MBBS/ BDS/ BAMS/ BHMS/ BUMS/ BNYS/ BVSc are also eligible for career in this course.
The curriculum includes a soft skill training programme from ISIL and Speak First.
Working Professional ?? . . . No Need to Worry
MBA of Healthcare programs are highly suitable for working professionals who wish to give a boost to their career. They can enroll in the online programs from any location and complete it at their own pace.
List of Companies, involved in Healthcare Management !!!
- Apollo Life.
- Sun Healthcare.
- Nicholas Piramal India Private Limited.
- Wipro GE Health Care.
- Serum Institute of India Limited.
- Advanced Healthcare Resources of India.
- Whole Health Now.
- Cadilla Healthcare.
Institutes ranked on the basis of percentage of successful placements, average salary
and maximum salary offered
Top MBA Colleges In Health Care Management :
1. Clinical Research Education and Management Academy (CREMA)
Clinical Research Education and Management Academy (CREMA) was established in year 2007 to equip students and industry professionals by providing advanced training in Clinical Research and to meet the high demands of Management and Computer professionals able to meet the present and future challenges of the 21st century. It is a unique and highly respectable institute located in Delhi which has beautifully designed campus including all the modern equipped facilities like Air conditioned classrooms, Library, Computer Center, Laboratories, Hostel and also Sports facilities for their students. Top ranked companies are convinced about the quality of the students of this institute and such companies offer pre-placement for them.
2. Faculty of Management Studies (FMS Delhi)
FMS Delhi was established in 1954 and is affiliated to University of Delhi. Faculty of Management Studies (FMS Delhi) began as an endeavor to provide management studies to the students under the University of Delhi. The institute believes in constantly innovating and evolving in terms of technology with backups in class rooms, hostels and libraries. There is video-conferencing facility available to the students.
Master of Business Administration (Full Time)
Master of Business Administration (MBA)- Health Care Administration (Part Time)
Master of Business Administration-Management of Services (Full Time)
Master of Business Administration (Part Time)
Management Development Programme
3. T A Pai Management Institute (TAPMI)
TAPMI is one of the top ranking institutes in India known for its strong academic credentials and reputation. It was established in the year 1980 and is recognized by Association of Indian Universities (AIU) and is affiliated to AICTE. TAPMI earned accreditation of its postgraduate program by AACSB International — The Association to Advance Collegiate Schools of Business (www.aacsb.edu). TAPMI is the First AICTE approved institute to achieve this hallmark of excellence. Only two business schools in India, and less than 5% worldwide, have earned this distinguished achievement in management education.
4. IES Management College & Research Centre
IES Management College and Research Centre is one of the pioneer institutes of management which is a paradigm of academic excellence unremittingly sought by IES and has become one of the premium B-schools. It is affiliated by AICTE.
- Master of Management Studies (Full Time)
- Post graduate Diploma in Business Administration (PGDBA) (Full Time)
- Post Graduate Diploma in Health Care and Pharmaceutical Management (PGDHCPM) (Full Time)
- Part Time course in MFM, MIM and MMM.
5. Institute of Health Management Research (IHMR)
Institute of Health Management Research (IHMR) is one of the leading institute of management in Jaipur which was established in the year 1984 in Jaipur. IIHMR is the first of its kind in India, with attention solely focused on health systems management. Recognized by Department of Science & Technology, Ministry of Finance and Government of India as a Research Institution. Accredited to International Hospital Federation & Association of University Programmes in Health Administration. The Institute undertakes training, research and consultancy in health management in close collaboration with international organizations such as UNFPA, UNICEF, WHO, World Bank, ODA, DANIDA, KFW & GTZ, NORAD, CARE and USAID. It works for Ministry of Health & Family Welfare (GOI), Planning Commission, Indian Council of Medical Research, state governments and others. International Linkages collaborated with University of North Carolina, USA offers Masters programme to candidates from South-Asia.
6. Asian Institute of Health Sciences (AIOHS)
AIOHS is one of the best institute of Management in Mumbai which is affiliated to Sikkim Manipal University. Sikkim Manipal University is recognized by the Union Ministry Human Resources Development and by the University Grant Commission. The Degrees/ Diploma/ Certificates of SMU are recognized by all members of Association of Indian Universities(AMU). SMU has received approval from the Distance Education Council to offer programs on distance mode.
7. Jamia Hamdard (Deemed University)
Jamia Hamdard was inaugurated by Late Shri Rajiv Gandhi on August 01, 1989 and is affiliated to AICTE. It has emerged as an outstanding institution of higher learning with distinct and focused academic programmes.
8. Sumandeep University
Sumandeep University is one of the most reputed institute in Gujarat which was established in the year 1981. The Sumandeep Vidyapeeth has taken the shape today by the K. M. Shah Charitable Trust (KMSCT) as a symbol of trust, service and hospitality; having touched and influenced the life of countless people.
10. MaxValue Online
MaxValue Online is one of its kind in Chennai which was the first online business school in India offering a wide range of career-building, online programmes in business management and related areas for working executives and students. MaxValue Online offers a two-year online MBA programme, with a degree from Bharathiar University.
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