MBA Hospital Management is a 2-year Postgraduate management degree course that imparts knowledge related to the proper functioning of any hospital or healthcare facility. Students get to know about marketing, financial aspects, supply chain and HR of hospitals in 4 semesters. The basic eligibility criteria required to pursue the course include candidates having cleared their graduation across any stream with an average aggregate score of 50% or above or an equivalent CGPA from a recognized university.
Admissions to MBA Hospital Management courses are similar to that of regular MBA Courses which are done based on MBA Entrance Exams such as CAT, MAT, XAT, SNAP and CMAT. Some of the Top MBA Hospital Management Colleges offering courses are KLE University, Amity University, LPU AND IIHMR.
The average course fee for pursuing an MBA Hospital Management course usually ranges between INR 3,50,000 – 4,40,000. Post completing the course students are placed across various job profiles related to the medical field with an average salary ranging from INR 4.50 LPA to 7 LPA.
2.1 Eligibility
2.3 Entrance Exams
MBA in Hospital Management: Course Details
| Duration | 2 years |
| Eligibility | Bachelor’s Degree in any field |
| Admission Process | Entrance Exams |
| Course Fee | INR 3,50,000 – 4,40,000 |
| Average Annual Salary | INR 4.50 LPA – 7 LPA |
| Top Recruiting Companies | Pharmaceuticals, Health Insurance Companies, Public Health Departments, Hospital Consulting Firms, Laboratories and Clinics, Health Agencies Mental Health Organisations, Nursing Homes, and such. |
| Job Positions | Healthcare Finance Managers, Medical and Health Service Managers, Hospital Administrators, Medical Director, Blood Bank Administrators, Hospital Business Managers, Food and Beverage Managers, etc. |
MBA in Hospital Management: Admission Process
Candidates interested in pursuing MBA in Hospital Management need to have completed graduation in any discipline. The eligibility criteria for admission may vary according to the institute offering the course and must be fulfilled by the candidate.
Candidates are required to qualify for any of the relevant MBA Entrance Exams such as CAT, MAT, and XAT. Most institutes offering the course in India admit the students based on their performance in the entrance test held by the respective institute which is a one-hour MCQ type test followed by a group discussion and a personal interview round.
After registering and appearing for the entrance exams. The candidates are shortlisted based on their merit or on the score obtained in the entrance exams. The universities conduct Counselling, Personal Interview, and Group Discussion rounds before taking admission to the program.
What are the MBA in Hospital Management Eligibility Requirements?
The following are the minimum eligibility criteria required to be fulfilled by candidates aspiring to take admitted to this MBA program:
MBA Hospital Management Entrance Exams
Tabulated below are some of the top MBA Hospital Management entrance exams
| Entrance Exam | Registration Deadlines | Exam Dates |
|---|---|---|
| ATMA | 4th week of December, 2023 – 3rd week of February, 2024 | 4th week of February, 2024 |
| CAT | August 3 – September 21, 2023 | November 26, 2023 |
| CMAT | 2nd week of March 2024 (Onwards) | 1st week of May 2024 |
| NMAT | August 1 – October 12, 2023 | October 10 – December 19, 2023 |
| SNAP | August 23 – November 23, 2023 |
Test 1: December 10, 2023 Test 2: December 17, 2023 Test 3: December 22, 2023 |
| XAT | July 15 – November 30, 2023 | January 7, 2024 |
What is MBA in Hospital Management?
MBA in Hospital Management is a 2-year full-time postgraduate course, the minimum eligibility for which is a bachelor’s degree in any field from a certified institute. The program is divided into 4 semesters spanning over 6 months each. Admission to the course is based on the candidate’s performance in various MBA Entrance Exams with MCQ type questions followed by a group discussion and interview.
Some of the Top MBA Hospital Management Colleges offering MBA in Hospital Management take candidates from both medical and non-medical backgrounds.
The Syllabus of the program aims to develop graduates who are competent general and financial managers, efficient planners, hold necessary knowledge about public health and the structure, organizing and financing health care systems, knowledgeable about society, law and ethics, and are highly efficient in quantitative skills.
Such postgraduates are hired in capacities of Healthcare Finance Managers, Medical and Health Service Managers, Hospital Administrators, Medical Director, Blood Bank Administrators, Hospital Business Managers. They find Job Opportunities in areas such as Pharmaceuticals, Health Insurance Companies, Public Health Departments, Hospital Consulting Firms, Laboratories and Clinics, Health Agencies, Mental Health Organisations, Nursing Homes, and such.
The average tuition fees charged for the course in India ranges between INR 3,50,000 – 4,40,000 while the average annual salary offered to such professionals’ ranges between INR 4.50 LPA – 7 LPA.
MBA in Hospital Management Top Colleges
Tabulated below are some of the top colleges offering MBA in Hospital Management.
| MBA Hospital Management Colleges | Average Course Fees (INR) |
|---|---|
| Aligarh Muslim University | 4,05,000 |
| School of Management | 7,10,000 |
| MGM Institute of Management & Research | 2.50,000 |
| People’s Institute of Management & Research | 1,40,000 |
| Royal Global University (RGU) | 4,53,000 |
| AJ Institute of Management | 2,80,000 |
| CMJ University | 1,45,000 |
| Guru Kashi University | 1,23,000 |
| Pacific University | 1,50,000 |
| Institute of Management Studies, Devi Ahilya Vishwavidyalaya (IMS DAVV) | 2,26,000 |
| JSS Academy of Higher Education & Research | 3,57,000 |
MBA in Hospital Management Syllabus
The MBA in Hospital Management syllabus deals with the study of hospital management and administration. Hence this course has subjects that deal with management but also has a few topics from medical science.
Semester wise subjects for MBA in Hospital Management is mentioned below:
| First Year | |
|---|---|
| Semester l | Semester ll |
| Marketing Management | Financial Management |
| Principles of Management | Marketing Strategy and Applications |
| Business Statistics | Business Mathematics and Operation Research |
| Organizational Behavior | Organization and Administration of Clinical Services |
| Business Law | Management of National Health Programs |
| Financial Accounting | Materials Management |
| Managerial Economics | Human Resource Management |
| Second Year | |
| Semester lII | Semester lV |
| Management Information Systems | International Business |
| Business Policy and Strategic Management | Applied Epidemiology |
| Pharmaceutical Management | Hospital Planning |
| Quality Management | Management controls Systems |
| Legislation for Health and Hospital | Foreign Language |
| Health Education and Communication | Environment Management and Business |
| Foreign Language | Final Projects |
Some of the essential course preparation tips are listed below:
- Make a plan: Making a course plan can help the students to follow according to the study of the work which enables them to stay balanced.
- Connect to fellow students: Try to start connecting with peers who can help you with providing the exchange of knowledge and reducing stress at the time of examination.
- Interact with professors: Interaction with the professors can bring new insight into the subjects to the course.
- Look on to Journals: Since the course involves a lot of research-based studies, candidates can subscribe to weekly journals to keep updated in the fields
MBA in Hospital Management Abroad
| MBA Hospital Management Colleges Abroad | Average Course 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 |
| Virginia commonwealth University | 20,80,400 |
| Ohio State University | 41,68,000 |
| University of Iowa | 23,50,500 |
| John Hopkins University | 47,75,700 |
| George Washington University | 40,76,700 |
MBA Hospital Management Jobs
As hospital administrators, successful postgraduates of the course learn business management in healthcare administration and develop quantitative and conceptual skills that are required in high performing contemporary healthcare units and hospitals.
They may work as employees in both corporate and government sectors in the areas of Pharmaceuticals, Health Insurance Companies, Public Health Departments, Hospital Consulting Firms, Laboratories and Clinics, Health Agencies, Mental Health Organisations, Nursing Homes.
As an MBA in Hospital Management, the candidate will learn the principles of management, efficient business handling as well as the details of inputs in the administration of healthcare units and facilities all around the world and hence, become a management professional and oversee the timely and efficient access of treatment to patients.
Some of the popular professional avenues open to successful graduates of the course are tabulated below along with the approximate salaries offered for the respective positions:
| Job Position | Job Description | Average Annual Salary (INR) |
|---|---|---|
| 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. | 9.56 L |
| 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. | 12.87 L |
| 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 | 5.14 L |
| 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. | 12 L |
| 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. | 10.69 L |
| 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. | 5.33 L |
These postgraduates may later pursue doctoral programs in Hospital Management or seek specialised certification.
MBA Hospital Management: FAQs
Ques. What is the MBA Hospital Management eligibility?
Ans. The MBA Hospital Management eligibility is to have a graduation degree in B. Com, B. Sc., MBBS, BPT, B. Pharm, BE, B. Tech, BDS etc. from a recognized university.
Ques. What is the MBA Hospital Management course fee?
Ans. The MBA Hospital Management course fee ranges from INR 60,000 to 7,50,000 in India.
Ques. What are the popular colleges of MBA Hospital Management in India?
Ans. Some of the popular colleges of MBA Hospital Management in India are
Rai University, Academy of Hospital Management, ADN institute of paramedical science and hospitals,Annamalai university, Assam down town university, Bangalore university, etc.
Ques. What are the main subjects covered in MBA Hospital Management syllabus?
Ans. Functional Hospital Organisation, Anatomy, Physiology and Pharmacology, Community Health, Demography & Biostatistics, Medical Records & Hospital Inventory Management, etc are some of the main subjects included in MBA Hospital Management syllabus
Ques. Can one pursue MBA Hospital Management Distance Education in India?
Ans. Yes, one can pursue MBA Hospital Management Distance Education in India. Check MBA Hospital Management Distance Education
Ques. What is the MBA Hospital Management Salary offered in India?
Ans. The MBA Hospital Management Salary offered in India ranges from INR 2,35,00 to 5,50,000.
Ques. What are the MBA Hospital Management jobs available?
Ans. Healthcare Finance Managers, Medical and Health Service Management, Hospital Administrators, Medical Director, Blood Bank Administrator, HR Recruiter, etc are some of the MBA Hospital Management jobs available.
Ques. What is the MBA Hospital Management scope in India?
Ans. Apart from making a career in the job sectors, one after the completion of this course can pursue higher studies in MPhil/PhD courses in management, Fellow Programme in Management, CRMA, FPM, CFA, etc.
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