MBA Healthcare Management: Type of Programs, Top Colleges, Career, Courses & Syllabus

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Update on
July 2, 2020

One of the recent and upcoming preferred Management programs is MBA in Healthcare Management. The Specialization in Healthcare Management offers you with domain knowledge in the healthcare sector and also equip you with general management skills. Healthcare domain knowledge helps in developing a niche profile which leads to less competition compared to a general PGDM/MBA. The continuous research due to lack of access to quality healthcare makes the Healthcare Management a recession-proof sector for many more decades offering high career opportunity to the professionals with specialized  MBA Healthcare & Hospital Management.

 

With the people getting more concerned  and actively involved in their health, the focus is also shifting on the prevention than simply on cure without getting their wellness affected adversely. This change has created a newer healthcare delivery model that is more personalized and have a customer-centric approach. With the greater access to health information through various health care sites and apps, this new ecosystem has given rise to the specialized MBA Healthcare Management Course.

 

Top MBA Colleges for MBA in Healthcare Management in India include IIM Calcutta, FMS Delhi, ISB Hyderabad, GIM Goa, TISS Mumbai, K J Somaiya, Mumbai; Welingkar Mumbai among others.

 

This article by MBAUniverse.com will help you learn about following:

  • Type of Courses on MBA Healthcare Management in India
  • Top MBA Colleges for MBA in Healthcare Management in India
  • MBA in Healthcare Management: Placements & Career Opportunities
  • MBA Healthcare Management Course Syllabus

Different Types of Courses on MBA Healthcare Management
In India, different types of MBA Colleges offer MBA Healthcare Management and Hospital Management of different nature and duration but their coverage areas are same.

  1. 2-Year Full Time MBA in Healthcare Management by IIMs
  2. 2-Year Full Time MBA Healthcare Management Specialization or MBA Equivalent PGDM by B-Schools and Universities like GIM Goa, K J Somaiya, Welingkar
  3. 1 Year full time or online MBA Healthcare & Hospital Management or Post Graduate Certificate Program with best MBA degrees in Healthcare Management like IIM Calcutta, ISB Hyderabad, TISS Mumbai
  4. Executive (Part Time) On-Campus/Hybrid Specialized MBA/PGDM Programs in Healthcare management by Top B-schools & Universities like FMS Delhi, BITS Pilani

Top MBA Colleges for MBA in Healthcare Management in India
If you are looking for MBA in Healthcare Management Colleges in India, below are the top management institutes with  MBA Healthcare Management Course   

Top Institute offering MBA Healthcare Management
Programme Name
Duration & Mode
IIM Calcutta
Post Graduate Certificate in Healthcare Management (PGCHM)
On campus; 1 year full time
ISB Hyderabad
Advanced Management Programme for Healthcare (AMPH) 
On campus; 1 year full time
FMS Delhi
MBA Executive (Health Care Administration)
On campus; 2 years (Evening) Programme
TISS Mumbai
Post Graduate Diploma in Healthcare Quality Management (PGDHQM)
Hybrid on campus/online; 1 year dual mode
Symbiosis Institute of Health Sciences (SIHS) Pune
  MBA in Hospital and Healthcare     
  Management
On campus; 2 years full time
GIM Goa
Post Graduate Diploma in Health Care Management (PGDM -HCM)
On campus; 2 years full time
Welingkar Institute of Management Development & Research (WeSchool), Mumbai
Post Graduate Diploma in Healthcare Management (PGDM-HCM)
 
On campus; 2 years full time
K J Somaiya Institute of Management Studies & Research, Mumbai
MBA Healthcare Management (MBA-HCM)
On campus; 2 years full time
BITS Pilani
MBA in Hospital & Health Systems Management
Online; 2 years program with 2 hospital immersion sessions at CMC Vellore and Bombay Hospital`
IESMCRC Mumbai
PGDM in Pharmaceutical Management
On campus; 2 years full time
IIHMR University Jaipur
MBA Hospital and Health Management 
On campus; 2 years full time
Devi Ahilya Vishwavidyalaya, Indore
MBA Hospital Administration
On campus; 2 years full time
Dy. Patil University, Navi Mumbai
MBA in Health & Hospital Management
On campus; 2 years full time
Sri Ramachandra Institute of Higher Education and Research (Deemed University), Chennai
MBA (Hospital & Health Systems Management)
On campus; 2 years full time

MBA in Healthcare Management Admissions
The eligibility criteria for MBA in Healthcare Management Admissions have three important points:

  • You must be a graduate with life sciences or equivalent grade in any discipline such as Medicine (MBBS)/BDS/ BAMS/BUMS/BHMS or Master Degree in Biotechnology/ Genomics/ Genetics/ Nursing/ Bioengineering/ Alternative Systems of Medicine/ Paramedical Discipline/ Pharmacology/ Anthropology/ Zoology or an examination recognized as equivalent thereto
  • You must register and appear in the acceptable MBA entrance test and score well.  
  • For executive MBA in Healthcare Management you must have requisite experience in the health care sector

MBA in Healthcare Management Scope
Integration of emerging technology like AI, wearable, IoT and machine learning in healthcare management has further enhanced the MBA in Healthcare Management Scope for its students. Vast opportunities for students pursuing MBA Healthcare Management include Health Insurance, Healthcare IT, Hospital administration, Consultancy, Data analytics, Pharmaceuticals, Medical Devices, and Diagnostics.

 

The MBA in Healthcare Management covers the knowledge and process how the data need to be collected and stored, maintained, and analyzed to help in getting accurate results in diagnosis, patient safety, drug efficacy, effective treatments, disease prevention, increase in compliance of drugs and improve the accessibility of a medical facility.

 

The analytics in MBA healthcare management help in reducing the burden of non-communicable disease and healthcare costs; improve the various healthcare parameters like Maternal Mortality, Infant Mortality. It also results in improving workforce efficiency.

 

Let us know about each type of institutes offering MBA Healthcare management with the program name, duration.

 

1. 2-Year Full Time Program in MBA Healthcare Management by IIMs
Out of 20 IIMs, none of the IIMs have launched the two year Full Time standalone specialized MBA Healthcare Management. However, IIM Calcutta offers 1 year Post Graduate Certificate in Healthcare Management. The program covers all the key courses offered in 2 years specialized Healthcare Management offered by top B-schools.

 

2.  2-Year Full Time Specialized MBA or MBA Equivalent PGDM in Healthcare Management by top B-Schools and Universities
MBA Healthcare Management is offered by many top B-schools as exclusive Stand-alone Management Program. The student has to apply for this program only at the time of MBA admission. Many of the top MBA colleges like SIHS Pune, GIM Goa, K J Somaiya Mumbai, Welingkar Mumbai among others offer exclusive MBA in Healthcare Management.

 

To cater to the rising demand of MBA Healthcare, these MBA Colleges and private PGDM colleges are offering specialized MBA/PGDM on the lines of their flagship MBA programme. Some of the top MBA colleges in Non-IIM category offering 2 year full time specialized MBA/PGDM are given below:

Universities & B-schools offering MBA/PGDM in Healthcare Programme Name Duration & Mode Fee (Rs. in Lakhs)
Symbiosis Institute of Health Sciences (SIHS) Pune  MBA in Hospital and  Healthcare Management  On campus; 2 years full time  11.4
GIM Goa PGDM –Health Care Management  On campus; 2 years full time 11.96
Welingkar Institute of Management Development & Research (WeSchool), Mumbai Post Graduate Diploma in Healthcare Management (PGDM-HCM) On campus; 2 years full time 11.04
K J Somaiya Institute of Management Studies & Research, Mumbai  MBA Healthcare Management (MBA-HCM) On campus; 2 years full time 14.94
IESMCRC Mumbai PGDM in Pharmaceutical Management  On campus; 2 years full time 7.27
IIHMR University Jaipur MBA Hospital and Health Management   On campus; 2 years full time 9.6
Devi Ahilya Vishwavidyalaya, Indore MBA Hospital Administration On campus; 2 years full time 1.32
Dy. Patil University, Navi Mumbai MBA in Health & Hospital Management On campus; 2 years full time 8.4
Sri Ramachandra Institute of Higher Education and Research (Deemed University), Chennai MBA (Hospital & Health Systems Management)  On campus; 2 years full time 4

3. 1 Year full time/hybrid MBA Healthcare & Hospital Management or Post Graduate Certificate Program with best MBA degrees

Universities & B-schools offering MBA/PGDM in Healthcare
Programme Name
Duration & Mode
Fee (Rs. in Lakhs)
IIM Calcutta
Post Graduate Certificate in Healthcare Management (PGCHM)
On campus; 1 year full time
11.10
ISB Hyderabad
Advanced Management Programme for Healthcare (AMPH) 
On campus; 1 year full time
12.20
TISS Mumbai
Post Graduate Diploma in Healthcare Quality Management (PGDHQM)
Hybrid on campus/online; 1 year dual mode
 1.00

4. Executive (Part Time) On-Campus/Hybrid Specialized MBA/PGDM Program in Healthcare Management

Universities & B-schools offering MBA/PGDM in Healthcare
Programme Name
Duration & Mode
Fee (Rs. in Lakhs)
Faculty of Management Studies (FMS) Delhi University
MBA Executive (Health Care Administration)
On campus; 2 years (Evening) Programme
1.01
BITS Pilani
MBA in Hospital & Health Systems Management
Online; 2 years program with 2 hospital immersion sessions at CMC Vellore and Bombay Hospital`
2.37

MBA Healthcare Management: Placements & Career Opportunities
After completing your MBA in Healthcare Management, a variety of options are available for your career growth. MBA in Healthcare Management is the specialization which has shown a prospective increase in job opportunities in the past decade as per ‘The Future of Job Report 2018’, World Economic Forum. Healthcare industry is growing at 17% CAGR which is 3 times with the current GDP growth rate in India.

 

The MBA colleges like K J Somaiya Mumbai, SIHS Pune, GIM Goa, IIHMR University Jaipur have recorded high salary packages for their healthcare management programs with 100% placement record.

MBA College with Healthcare Management program
Highest salary (Rs.in lakhs per annum)
Average salary (Rs. in Lakhs per annum)
K J Somaiya Institute of Management Studies & Research, Mumbai
28.50
10.08
Goa Institute of Management (GIM) Goa
25.00
10.10
IIHMR University, Jaipur
17.12
 5.37
Symbiosis Institute of Health Sciences (SIHS) Pune
  9.00
 5.60
Dy Patil University, Navi Mumbai
  5.00
 4.00

Top Recruiters for MBA Healthcare Management
Some of the top recruiters who look for candidates with MBA in Healthcare Management include Siemens, GE, J&J,  Abbott, Cipla, Pfizer, Glenmark,  E&Y, KPMG, Deloitte, McKinzee, PWC, Cognizant, Infosys, TCS, ICICI Lombard, Bajaj Allianz, Star Health, Fortis, Apollo, Manipal, Columbia Asia, UNICEF, UNDP, Government sector, Practo, Gocci, Home-Health, Portea, among others.

 

MBA Healthcare Management: Profiles & Roles Offered
Key roles and profiles offered to the candidates with MBA in Healthcare specialization include Consultant / Associate Consultant; Domain specialist – Healthcare; Analysts; Marketing executives; Management trainee; Manager / Assistant Manager; Business lead; Hospital operations executive; Healthcare HR executive; Healthcare Finance executive; Project manager/co-ordinator; Health Insurance executive among others.

 

MBA Health Care Management Course Syllabus
The MBA Healthcare course Syllabus is designed in such a way that the Management graduate is able to handle multiple management tasks simultaneously. The key topics in MBA Healthcare course subjects as included in IIM Calcutta, SIHS, GIM, KJ Somaiya, IIHMR among other top MBA colleges are:

Strategic Management in Healthcare Healthcare Operations Management Marketing Management
Healthcare Accounting Research Methods in Healthcare Legal Environment for Healthcare industry
Bio-statistics and Operations Research Management Communication Ethics & Corporate Governance
Healthcare Systems and Structure Managed Care Healthcare Analytics 
Managing Hospital Services Healthcare Information Systems Management of Research in Healthcare
Healthcare Services Delivery & Distribution Principles of Epidemiology Quality Management in Healthcare
Hospital Planning and Design Medical Technology
Healthcare Services Marketing
Healthcare Informatics
Strategic Cost Management in healthcare Digital marketing in healthcare Accreditation of healthcare organizations
Financing and paying for healthcare Sales & Distribution Management & Pharmaceutical and Medical Device Pharmaceutical marketing
Applied and behavioural economics for healthcare Leadership in healthcare International health
Medical tourism Health policy Branding in healthcare

Which MBA Health Specialization is best for You? Decide before Joining
The MBA programs in Healthcare Management range from being standalone to part time and online MBA programs. While all 2-year Full-Time Regular MBA programs offer this specialization in second year of their program, there are a few top Institutes offering Specialized MBA in Healthcare right from the day one.

 

If you pursue General MBA in top B-schools, you can choose your specialization in the end of first year but if you are taking admission in the specialized MBA program, you pursue your specialization from the day one of the first year. So, before entering the MBA program, you should give a thought to the idea whether you wish to choose your specialization after one year of study or want to pursue MBA in Healthcare without leaving scope for change. 

 

If you are passionate and clear about making a career in MBA in Healthcare, you can go for full time MBA Healthcare specialization and join the specialized program right from beginning. Please note that top B-schools like SIHS, K J Somaiya, GIM Goa, IIM Calcutta, FMS Delhi, ISB Hyderabad conduct separate GD-PI-WAT for admission to MBA/PGDM in Healthcare programs.   

 

If you have less time and wish to complete your MBA specialization faster, you can join one year full time MBA offered by many top B-schools. But if you are a working professional and cannot join a regular program, you can opt for part time or online MBA specialized program.

 

This completes our article on MBA Healthcare Management. We hope you found this article helpful. Check out more Specialized MBA Programs to help you decide the right program for you:

 

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