MBA after MBBS: Salary, Scope, Benefits, top Specialisations, Top MBA Colleges
MBBS has been a rewarding degree for a long time. Broadening the scope, doctors have been exploring career options without leaving the medical practice. Read here all about MBA after MBBS, including salary, scope, top exams, and more.
MBA after MBBS: Benefits, Scope, Salary, Specialisations
MBA after MBBS: Candidates who complete an MBBS degree can practise the medicine profession. However, one may not wish to pursue medicine practice after they complete the degree. Such candidates look for other related career options. With an MBA after MBBS, candidates are exposed to numerous career options, including pharmaceutical management, hospital management, among others. MBA after MBBS can widen the scope of the medical degree with an amalgamation of required business acumen.
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There is a 90% more chance of getting best college recommendations by sharing preferences.Although getting into an MBA college is easier than MD/MS admissions. MBBS graduates often choose MD/MS as a PG degree. Admissions to MD/MS in India are based on NEET PG, which is considered a tough exam to crack. On the contrary, MBA admissions in India are based on entrance exams conducted at different levels, including national, state, and university. Some of the top management exams include CAT, MAT, XAT, SNAP, TS ICET, TANCET, etc.
Q: What are the important topics of CMAT syllabus?
CMAT has five sections - Quantitative Techniques and Data Interpretation, Logical Reasoning, Language Comprehension, General Awareness and Innovation & Entrepreneurship. Important topics of CMAT across all the five sections are listed below:
- Quantitative Techniques and Data Interpretation: Time-speed-distance, Ratio-Proportion, Profit and Loss, SICI, Average, Partnership, Triangles Probability Surds, HCF-LCM, Quad equations, Quad inequality, Graphs, Tables, Bar, Pie Chart.
- Logical Reasoning: Family Tree, Analytical Reasoning, Linear Arrangements, Number Series, Matrix Arrangements, Blood Relationship Tests, Coding-Decoding, etc.
- Language Comprehension: Synonym, Antonym, Fill in the Blanks, Idioms, Match the Following, Reading Comprehension, Identify the Correct Statement, Direct/Indirect Speech, Classify the Sentence, Question Tag, Parajumble.
- General Awareness: Economy, Business, World, Politics, Sports, Culture, Society 5. Innovation & Entrepreneurship: Concepts of Entrepreneurship, Overview of Entrepreneurship, Evolution of Entrepreneurship in India, Role of Entrepreneurship in Economic Development, Theories and Models of Entrepreneurship, Framework of Entrepreneurship Theories, Models of Entrepreneurship, Emerging Models of Corporate Entrepreneurship, Dimensions of Entrepreneurship, Entrepreneurial Society, Entrepreneurial Culture, Rural Entrepreneurship, etc.
Q: What is the syllabus for NMAT exam?
GMAC conducts NMAT exam with three sections. These sections are in line with any other MBA entrance exam conducted in India. The space here mentions NMAT exam sections along with some important topics from the same.
NMAT Exam Sections and Important Topics
- Language Skills: Reading Comprehension, Para jumbles, Sentence Correction, Fill in the blanks (Grammar-based), Antonyms & Synonyms, Sentence Completion, Analogies, Idioms, Phrases, Clauses, English Grammar & Vocabulary, Sentence Error/Correction, Word Meaning, and more.
- Quantitative Skills: Arithmetic problems, Number System, Algebra, Probability, Percentage, DI Caselets and Tables, Profit & Loss, Mensuration, Permutation and Combination, Simple and Compound Interest, Ratio and Proportion, Alligations and Mixtures, Logarithms, Equations, Venn Diagram, atc.
- Logical Reasoning: Puzzles, Linear & Circular Arrangement, Coding-Decoding, Family Tree, Syllogisms, Alphanumeric Series, Symbol based Logic, Blood Relationship, Input-Output, Odd one Out, Course of Action, Arguments, Assumptions, Inference-based questions.
Besides the above topics under each section, NMAT exam sections may have a vast topic bank. Therefore, candidates must consider preparing for as many topic as possible as per the NMAT section-wise syllabus.
Q: What is the CMAT Syllabus?
The Syllabus of CMAT exam includes all the important topics of English Comprehension, Data Interpretation, Logical Reasoning, Quantitative Aptitude General Awareness and Innovation and Entrepreneurship. Given below are important topics included in each of these subjects:
- Quantitative Aptitude Geometry, Algebra Alligation and Mixtures, Number System Pie Chart, Lines and Graphs, Quadratic and Linear Equations, Time-Speed-Distance, etc.
- Logical Reasoning, Linear Arrangements, Number Series, Matrix Arrangements, Blood Relationship Tests, Analytical Reasoning, Family Tree, Coding-Decoding, etc.
- Language Comprehension, Reading Comprehension, Verbal Ability, Fill in the Blanks Grammar, Word Meaning, English Usage Errors, Parajumbles, etc.
- General Awareness, Science, Technology, Inventions, Economy, Business, World, Politics, Sports, Culture, Society
- Innovation and Entrepreneurship, Questions related to innovation, entrepreneurship and start up business.
Scroll down for complete information on MBA after MBBS degree, including the top exams, specialisations, scope, career options, salary, and more.
Also Read: Career in Management for Doctors & Medical Graduates
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Why MBA?
A Master of Business Administration is a PG management degree course offered to enhance the overall business acumen of the students. A graduate degree holder will likely consider a PG degree for career and skill advancement. An MBA tag has been known for offering a lucrative salary package along with a dream role in top organisations across the globe.
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However, medicine professionals typically choose MD/MS after MBBS to keep a streamlined career trajectory. Even after lucrative job options after becoming a doctor, “Should I pursue an MBA after MBBS?” is among the queries of doctors.
Q: What are the sections included in the NMAT exam syllabus?
Similar to other top NMA entrance exams, NMAT exam also comprises three sections. These three sections have equal weightage in terms of maximum marks, number of questions, and a similar marking scheme. NMAT exam sections include the following:
- Language Skills
- Lgical reasoning
- Quantitative Skills.
Candidates need to answer questions from all three sections of the NMAT exam. Each section of the NMAT exam has a time limit collectively making the NMAT exam duration as 120 minutes.
Q: How many days are required to complete topics under the NMAT syllabus?
One may require more than 150 days to complete the NMAT syllabus thoroughly. The NMAT syllabus typically covers a wide range of topics in various sections, including Language Skills, Quantitative Skills, and Logical Reasoning. The duration required to complete the syllabus depends on numerous factors, such as your proficiency in these subjects, the amount of time one can dedicate each day to study, and the study plan. Additionally, candidates who have prepared for CAT exam or any other MBA entrance exam, they might require less number of days to complete the topics under NMAT syllabus.
The 150+ day duration must include the entire study plan, from covering the topics in syllabus to revision of those topics. Additionally, one must include the practice papers and mock tests within the preparation phase of the 1560+ days discussed above.
Q: Who prescribes NMAT syllabus?
NMAT syllabus is precribed by Graduate Management Admission Council, the conducting body of the exam, prescribes the NMAT syllabus. GMAC releases the NMAT syllabus on the official website. Besides the NMAT exam structure and section wise syllabus, candidates can also find practice questions and study materials on the GMAC website. Candidates must strictly adhere to the official syllabus prescribed by GMAC to prepare for the NMAT exam.
Besides NMAT, GMAC develops standardised tests for graduate business schools globally. GMAC also conducts GMAT exam for admission to more than 2000 MBA colleges .
Q: What are the important topics of CAT syllabus from which maximum questions are asked?
Q: What is MAT Syllabus?
Since, MAT exam is conducted only for admission to MBA and PGDM/PGP courses. It is a post graduate level business aptitude test comprising Quantitative Aptitude critical reasoning, data interpretation, data sufficiency, language comprehension and general awareness.
Given below are the topics included in the MAT syllabus:
- MAT Syllabus for Language: Comprehension Verb, Noun, Pronoun, Adjective, Adverb, Parts of Speech, Sentence Correction, Fill in the Blanks, Antonyms and Synonyms, One Word Substitution, Idioms/Phrases, Para Jumbles, Reading Comprehension, Vocabulary, Grammar, Verbal Ability, etc.
- MAT Syllabus for Intelligence and Critical Reasoning: Family Tree, Course of Action, Arrangement, Pie Chart, Calendars, Statement Conclusions, Strong Arguments and Weak Arguments, Puzzles, Series, Blood Relations, Coding and Decoding, Column Graphs, Multi-Dimensional Arrangements, Visual Reasoning, Numeric Grid, Critical Reasoning, Syllogisms, Graphs Representing Areas MAT Syllabus for Data Analysis and Sufficiency: Tables, Charts, Pie Charts, Caselet-based Data, Graphs - Line X-Y Graphs, Venn Diagram, Bar Diagrams, Data Analysis and Data Comparison, Data Sufficiency
- MAT Syllabus for Mathematical Skills: LCM and HCF, Commercial Maths Complex Numbers, Percentages, Permutation and Combinations, Binomial Theorem, Profit and Loss, Simple Interest and Compound Interest, Heights and Distance, Inequalities, Speed, Time and Distance, Triangles Set Theory, Number System Circles, Mixtures and Alligations, Elementary Mathematics, Geometry, Venn Diagrams, Trigonometry Equations, Linear Programming
- MAT Syllabus for Indian and Global Environment Section: Current Affairs World Records, Business and Economy, Companies and CEOs, Awards and Winners, Books and Authors, Company Punchlines, History, International Organisation, Quotes and Personalities, Social Issues, Geography, Sports, Arts, Entertainment, Technology.
Financial freedom is never a hindrance after completing an MBBS degree as doctors in India earn fairly well if compared with other professionals. However, MBBS professionals may face issues with long work hours and unpredictable schedules. AN MBA after an MBBS salary may satisfy the needs of a candidate without transitioning completely from the career path.
Also Read: Can one study MBA after doing MBBS
Types of MBA Courses after MBBS
An MBA degree is offered in different modes of education. Whether or not a candidate has an MBBS degree, different types of MBA degrees remain the same. The space below mentions all the MBA course types that can be considered after completing MBBS:
Some opt for a full-time MBA, while some opt for a part-time MBA course. MBA courses mentioned above can be offered with different specialisations. Candidates must choose an MBA specialisation on the basis of desired field for career advancement.
Also Read: What is the difference between MBA & PGDM?
Best MBA Specialisations after MBBS
MBA is offered along with numerous specialisations. These specialisations help candidates pursue the business administration degree in a specific branch. An MBBS graduate can consider a specialisation where his/her past education can come into play. MBA in Healthcare Management is among the top specialisations considered by MBBS degree holders.
The space below mentions top MBA specialisations to choose after MBBS:
- Healthcare Management
- Hospital Administration
- Medical Informatics
- Medical Administration
- Public Health
- Pharmaceutical Management
- Healthcare Consulting
These are just a few of the many MBA specialisations. The best MBA specialisation can vary on the basis of interests and career goals. It is crucial to research and talk to other professionals who went for MBA after MBBS to get practical insights.
Also Read:
- MBA Specialisation Guide
- List of Top MBA Specialisations in India
- 14 Less-Known MBA Specialisations that You Can Choose
Popular MBA Entrance Exams
MBA admission after MBBS or any other bachelor’s course is based on the marks secured by candidates in an MBA entrance exam. Almost all MBA courses are offered based on the MBA exam scores along with other elements for selection. The space below mentions top MBA entrance exams with colleges accepting the exam scores:
| MBA Entrance Exam |
Commonly Known As |
Colleges Accepting Exam Scores |
|---|---|---|
| ATMA |
||
| CAT |
||
| CMAT |
||
| IBSAT |
||
| IIFT |
||
| MICAT |
||
| NMAT |
||
| SNAP |
||
| TISSNET |
||
| XAT |
Advantages of MBA after MBBS
Students have to choose a stream among Science, Commerce, or Arts. Science is broadly divided into PCB and PCM. To get an MBBS admission, one must have completed Class 12 education with PCB. Students at such a young age aren’t well aware of what the career will be like. MBA after MBBS helps one to change his/her career field. With endless specialisations, candidates may choose an MBA course which is closely related to what was taught during MBBS.
The space below mentions more benefits of MBA after MBBS:
- Improved Career Prospects: An MBA degree can help improve career prospects in the healthcare industry. One can get management positions at hospitals, clinics, and other healthcare organisations. MBA after MBBS can also help one start a healthcare business.
- Enhanced Skills: An MBA can help develop managerial, leadership, and business skills. These skills are essential for success in the healthcare industry.
- Better Pay: MBA graduates typically earn higher salaries than doctors who do not have an MBA. This is because MBAs have the skills and knowledge to manage and lead healthcare organisations.
- More Opportunities: An MBA can open up new opportunities for you in the healthcare industry. You can work in areas such as hospital administration, healthcare consulting, health insurance, and medical technology.
- Personal Growth: An MBA can help you grow personally and professionally. You will learn new things, meet new people, and develop new skills. This can help one become a well-rounded individual and a better doctor.
An MBA is a great option if you are a doctor and looking to further advance your career. It can help you develop the skills and knowledge you need to succeed in the healthcare industry.
MBA after MBBS: Scope
With every other person having an MBA degree, the business administration degree has become a new normal. Earlier, MBBS or engineering was the go-to bachelor’s course as parents wanted their ward to be an engineer or a doctor. With the change in trend, people are having an inclination towards entrepreneurship.
Also Read: Career After PGDM: Job Opportunities, Salary and Scope
Career Fields After MBBS
Here are some specific career paths that you can pursue with an MBA after MBBS:
- Hospital Administrator: Hospital administrators are responsible for the day-to-day operations of a hospital. They oversee the financial, clinical, and administrative aspects of the hospital.
- Healthcare Consultant: Healthcare consultants provide advice and guidance to healthcare organisations. They help hospitals improve their efficiency, reduce costs, and improve patient care.
- Health Insurance Executive: Health insurance executives work for health insurance companies. They are responsible for developing and managing health insurance products and services.
- Medical Technology Executive: Medical technology executives work for medical technology companies. They are responsible for developing, marketing, and selling medical devices and equipment.
- Entrepreneur: With an MBA, you can also start your own healthcare business. You could start a clinic, a telemedicine company, or a medical device company.
The decision of whether or not to pursue an MBA after MBBS is a personal one. However, if you are looking to improve your career prospects and develop your skills, an MBA is a great option.
Also Read: Which is Better- MBA after Graduation or Work Experience?
MBA after MBBS: Salary
The salary package offered by top MBA colleges in India spills the worth of an MBA degree. B-schools across India do not release the MBA placement statistics specific to MBBS graduates completing the MBA degree. The table below mentions the highest international and domestic CTCs offered by IIMs in India:
| IIMs |
Highest International CTC (in INR) |
Highest Domestic CTC (in INR) |
|---|---|---|
| - |
32.65 LPA |
|
| - |
36 LPA |
|
| - |
41.61 LPA |
|
| - |
64.12 LPA |
|
| - |
71.30 LPA |
|
| 64.15 LPA |
64.61 LPA |
|
| - |
36 LPA |
|
| 67 LPA |
35.5 LPA |
|
| 67.60 LPA |
43.43 LPA |
|
| - |
64 LPA |
|
| - |
55 LPA |
|
| - |
67.02 LPA (2022) |
|
| 32.30 LPA |
37 LPA |
|
| 64 LPA |
||
| - |
1.14 CPA |
|
| 94.82 LPA |
1.15 CPA |
|
| - |
30.50 LPA |
|
| - |
80 LPA (2022) |
|
| - |
25.21 LPA (2022) |
|
| 1.15 CPA |
61.49 LPA |
Candidates looking for a master's degree after MBBS can also consider Master of Hospital Administration (MHA). Top medical colleges in India offer MHA admission to bachelor degree holders.
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