MBA in Hospital Administration

MBA in Hospital Administration is a two-year full-time postgraduate specialized management degree course that focuses on the aspects of healthcare businesses. The term ‘Hospital Administration’ symbolizes a combination of healthcare services in coordination with the management field. To pursue this course, a student must have completed a bachelor’s degree in any discipline or field from a recognized university/college. 

With the help of this degree, students can enter the management echelons of hospitals, healthcare organizations, and pharmaceutical businesses. In this course, a comprehensive range of skills is taught to students to help them organize and manage complex healthcare frameworks. It aims to foster students' practical skills and increase their understanding of multifaceted human services associations by covering a wide range of topics, including healthcare management and business administration.

To be eligible for MBA in Hospital Administration courses, students must pass entrance exams like MAT/CAT/CMAT/XAT/SNAP. In India, many of these courses are delivered both offline as well as online/distance modes of education. Some of the top colleges offering these courses are SRM University Chennai, IPE Hyderabad, Chandigarh University, UPES Dehradun, etc. On average, the course fee ranges roughly from INR 70,000 to 7.1 LPA. Graduates in this field earn decent initial salaries of INR 2 to 10 lakhs annually. Find more information about MBA in Hospital Administration course below.

Check out the significant highlights of the MBA in Hospital Administration courses in the table below:

An MBA in healthcare management gives students the tools they need to succeed in the healthcare sector while also improving their general business skills. Graduates with a master's in health administration (MHA) are prepared for specialized roles in clinical settings, public health, healthcare management, and health policy.

People looking for managerial positions in the healthcare industry frequently question their decision to pursue an MBA in hospital administration and how it will benefit them. Because there is such a high demand for qualified professionals who can efficiently manage healthcare resources, a professional with an MBA in Hospital Administration degree offers a wide range of work choices.

The healthcare sector benefits from unending, timely research that can help advance patient facilities, medical treatments, adaptive pharmaceuticals, and stronger health infrastructure as a whole. The foundation of the medical industry is research, and healthcare management also needs precise research in the area to enable doable and timely advances in this sector. 

Professionals can find employment after graduating MBA in Hospital Administration course in government healthcare facilities, commercial healthcare organizations, pharmaceutical businesses, hospitals, etc. Individuals in this field will always have many opportunities in the healthcare sector and these opportunities are predicted to rise throughout time all over the world.
 

MBA in Hospital Administration course is offered to prospective students in two modes, namely, full-time and online/distance learning. A part-time course module is not available for this programme. Details are discussed below:

• Full-Time MBA in Hospital Administration Courses

Students enrolled in a full-time two-year course must attend in-person classes, submit regular or weekly assignments, and take semester-wise exams on campus. They are also required to submit projects and perform practicals as per the curriculum. Students who pursue a full-time course benefit from better exposure, experience, and profound understanding as a result of direct interaction with their lecturers and fellow students.

• Distance/Online MBA in Hospital Administration Courses   

A few colleges or institutions in India like D Y Patil Vidyapeeth, Indira Gandhi National Open University, Suresh Gyan Vihar University, Sikkim Manipal University, ICFAI University, Bharathiar University, Jaipur National University, etc. offer distance/online MBA in Hospital Administration courses. Students should opt for this course if they are unable to attend on-campus classes or if they work full-time and cannot take time off to enroll in a full-time course.

In India, the eligibility criteria for MBA in Hospital Administration courses may vary as per certain requirements of the college or university one wants to enroll in. However, candidates need to fulfill the basic minimum eligibility criteria as discussed below:

• Applicants must have successfully completed a Bachelor's Degree in any discipline or field of study. It is not necessary for the student to mandatorily hold a Management-related Bachelor's Degree.
• Students must successfully complete a course at the 10+2+3 or 10+2+4 level from an Accredited University with a minimum of 40 to 50%.
• Applicants must sit for university-level exams like the CAT, MAT, XAT, CMAT, SNAP, and other Management-related entrance exams.
• Although it is not necessary, it is advised that the candidate should possess prior work experience.

The primary objective of the MBA in Hospital Administration course is to offer students a thorough grounding in everything concerned with the medical and management fields. The table below shows the MBA in Hospital Administration syllabus broken down by semester:

• First Semester Syllabus

• Second Semester Syllabus

• Third Semester Syllabus

• Fourth Semester Syllabus

As discussed, to get admission to MBA in Hospital Administration courses, students must sit for management-related major entrance exams. Here are a few of them:

• Management Aptitude Test (MAT)

This test is conducted by the All India Management Association (AIMA). It is administered four times a year in both online and offline modes. Students interested in MBA in Hospital Administration courses must take this exam as per their preferred college’s application deadline.

• Common Admission Test (CAT)

Conducted by IIMs (Indian Institute of Management), this is one of the most well-known management exams in the country. Most students prefer to take this exam for MBA in Hospital Administration courses as it is accepted by more than 1,600 management institutes in India.

• Common Management Admission Test (CMAT)

This test is conducted by the National Testing Agency (NTA). It is administrated once a year in online mode only. Prospective students may take this exam to get admission to their favored management specialization.

• Xavier Aptitude Test (XAT)

This test is conducted by XLRI Jamshedpur. It is administrated once a year in online mode only with a total duration of three hours.
Symbiosis National Aptitude Test (SNAP): As the name suggests, this test is conducted by Symbiosis International University. It is a one-hour test that is conducted at the respective centers or colleges.

The following is a step-by-step admission process for MBA in Hospital Administration courses:

• Step 1: Applicants must register for management-related entrance exams like the CAT, MAT, XAT, SNAP, etc. through the official website of the organisation in charge of administering the test.
• Step 2: Students can also sign up for university entrance exams at institutions that offer MBA in Healthcare Administration courses.
• Step 3: On the scheduled date and time, applicants must show up at the testing centre with their admit card and any government-issued application ID.
• Step 4: Applicants must submit a scorecard while applying for admission to universities that offer MBA in Hospital Administration programmes.
• Step 5: Prospective students must meet the college's minimal cut-off percentile requirements and fulfil other prerequisites like required documents.
• Step 6: During the counselling sessions, seats are assigned to the candidates who are selected based on their entrance exam scores and prior academic grades.
• Step 7: To reserve a seat, students must pay the required admission or tuition fee.
• Step 8: Furthermore, applicants must visit the college campus to complete the required paperwork and pay the remaining tuition fees.
• Step 9: With the allocation of enrollment numbers, applicants must guarantee the successful completion of the admission procedure and enrollment.

After discussing the admission process and various entrance exams for MBA in Hospital Administration courses, let us talk a bit about the colleges offering it. The following table shows a list of top colleges in India for an MBA in Hospital Administration along with their location/cities added to the respective next column:

The MBA in Hospital Administration course fees varies from one college to another. For some colleges, the fee structure may include tuition fees as well as costs for all services offered to students for academic purposes, including housing in dorms, travel conveniences, and other services. The following table shows the MBA in Hospital Administration course fees for a few government-funded and private colleges in India:

The MBA in Hospital Administration program equips its graduates with the knowledge and abilities needed to hold executive positions in the healthcare sector and other relevant fields. These institutions can be managed effectively because to the skills and information that were developed and acquired during this training. All contemporary hospitals and hospital networks require the services of hospital administrators since doing so makes it possible for them to deliver better services more efficiently.

You are most suited for top positions in hospitals and healthcare facilities if you have an MBA in healthcare. Additionally, it offers the chance to work as a consultant, which gives one a lot of flexibility and the chance to make connections.

Career opportunities for the graduates of MBA in Hospital Administration course are available in the private as well as government sectors. The business and financial management skills of a Hospital Administrator are valuable to a multitude of organizations working to improve the status of healthcare and provide better services while also creating healthcare services as a viable business model. Since the MBA is a globally-recognized course, students can not only look for career opportunities in India but also abroad on the basis of this degree.

Some of the top areas of employment for MBA in Hospital Administration include:

• Hospitals
• Clinics
• Pharmaceutical Industries
• Nursing Homes
• Public Health Organizations / Departments
• Healthcare Consulting
• Blood Banks
• Medical Laboratories

The common job profiles available after MBA in Hospital Administration are given below.

• Hospital Administrator

• Medical Director

• Healthcare Finance Manager

• Business Manager

• Blood Bank Administrator

• Service Manager

The following is a list of some of the popular job roles for MBA in Hospital Administration graduates, along with their associated job descriptions and salaries:

Graduates of the MBA in Hospital Administration course are hired by some of the leading healthcare providers across the world. Some of the top recruiting companies for this course include the following.

• Apollo Hospitals
• Narayana Health
• Columbia Asia
• Fortis
• Max Hospitals
• Ranbaxy
• Sun Pharma
• Dabur India