Education

MBA for Healthcare Management: Scope & Complete Latest Info 2022-23

The healthcare industry is expanding rapidly in our country. Also, the stats show that the healthcare industry will grow exceedingly in the coming years. And, the COVID-19 pandemic plays a huge role in the increment of the healthcare sector. As a result, the healthcare industry has many job prospects to offer. So, there are many students who want to know about Mba for healthcare management degree courses from distance education with top UGC approved universities.

Therefore, to have a career in the healthcare management field, and also MBA in healthcare management degree can be worthwhile for students.

About MBA for Healthcare Management?

MBA healthcare management is a postgraduate degree course. This course helps candidates become professionals in the healthcare industry. Therefore, in this degree program, students get to learn advanced concepts of health management.

Additionally, in this program, students acquire a working understanding of the functions of the healthcare industry. Also, they gain practical knowledge of the industry along with theoretical knowledge. So, candidates have a plethora of career options available once they obtain an MBA healthcare management degree. Apart from that, you can also enrol in distance MBA to complete your course in online mode

MBA Healthcare Management Scope

The healthcare industry in our country is vast and it is going to grow exponentially in the coming years. Also, the government is spending a good percentile of the GDP in increasing the healthcare industry in India. And, by the year 2025, there are going to be 4 million new jobs in the healthcare industry.

Duration and Eligibility

The MBA in healthcare management is a two-year degree program. The MBA healthcare management program is classified into four semesters.

In addition, to enrol in this program students have to complete their undergraduate degree in any discipline from a UGC-approved college/ institute. Also, students must have at least a 50% average in their bachelor’s degree.

Syllabus of the Mba Degree in Healthcare Management

The curriculum of an MBA for healthcare management is divided into four semesters. Therefore, the semester-wise syllabus of this degree program is as follow:

First Semester

Principles of Management, Marketing Management, Human Resource Management, Financial Accounting, Managerial Economics, and Fundamentals of Communication.

Second Semester

In the second semester, students learn concepts such as Strategic Management, The Integrative Manager, Cost Accounting, Innovation Management, Quantitative Techniques, and Interview Preparation.

Third Semester

Planning & Designing of Healthcare Facilities, Essentials of Healthcare Administration, Customer-Centric Organization (CCO), Quality Management in Hospitals, Hospital Operation, and Projects/Seminars/Case Studies.

Fourth Semester

The fourth semester includes subjects such as Healthcare Equipment Management, Revenue Cycle Management in Healthcare, Legal Aspects of Healthcare, Human Resources in Hospitals, and Projects/Seminars/Case Studies.

Apart from theoretical knowledge, students have to participate in various projects. Furthermore, in the end, candidates have to join an internship program to gain experience in the healthcare management field.

How Can I Enroll in a Mba for Healthcare Management Degree Program?

Undergraduate students can apply for this degree program at any UGC-recognized college or university. Students can apply online or offline to get admission to a college.

Therefore, to enrol in this program students first decide on a college in which they want to pursue an MBA healthcare management program and check the eligibility parameters of that college. After that, they can apply for admission to the college.

Additionally, candidates have the option to pursue this program in regular, correspondence or distance mode.

What Are the Job Opportunities After Graduating With a Mba in Healthcare Management?

Healthcare management has a very wide range of career prospects. Therefore, candidates, once they procure their MBA degree in healthcare management, get plenty of job opportunities in the healthcare industry.

Hence, below are mentioned some of the job profiles candidates can apply for after completing their MBA healthcare degree program:

  • Healthcare Information Manager
  • Hospital Administration
  • Claims Manager
  • Medical Practice manager
  • Health informatics Manager
  • Patient care service
  • Pharmaceutical Product Manager
  • Assistant Operation Manager
  • Medical Practice Manager
  • Hospital CFO
  • Physician Relations Liaison
  • Hospital CEO, etc.

Aside from that, candidates will be able to pursue careers not only in the private sector but also in the government sector. Also, students interested in higher studies can opt for a PhD program in this field. 

Additionally, some of the recruiters in the healthcare industry are as follows:

  • Government of India
  • Pfizer
  • WHO
  • Omega Healthcare Management
  • IMS Health
  • Health Trail Portal
  • Cipla
  • IMS Health
  • Glenmark
  • Fortis
  • Siemens
  • Fortis
  • AMGEN, and others.

Conclusion

MBA in health care management is a valuable and prestigious degree in India. Also, the healthcare industry is expanding day by day. Currently, there are around 75,000 public and private healthcare centres in the country. As a result, there are going to be plenty of new career options in this industry.

Therefore, opting for an MBA health management degree can provide a promising future in terms of job opportunities. So, the MBA health management degree solely focuses on imparting managerial knowledge and functions of the healthcare field. 

Hence, candidates can opt for an MBA health management degree program after completing their undergraduate education at any UGC-accredited college/institute.

Also, candidates can apply for MBA distance learning to pursue this program at any UGC-approved institute and earn an MBA for a health management degree.

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