MBA Scope

MBA in Healthcare Management is a 2-year full-time post-graduate course, the eligibility of which is a Bachelor's Degree in any discipline with an aggregate score of 50% marks from a recognized university. Over a third of all health care managers worked for general medical and surgical hospitals in 2011, where average pay was $49.06 per hour or $102,040 per year. Over 9 percent worked as practice managers in doctors' offices to make an average $45.08 per hour or $93,770 per year. Healthcare as a sector in India is highly underpenetrated. But what is more interesting, is that most of the healthcare facility which is available in this country, is highly mismanaged. I think, in terms of scope, it may not really pick up in the next 5 years. Mostly doctors who own the facilities management it. But if I were the regulator or government, I would want the profession of medicine and the management of hospitals to be two different division. Healthcare being a basic need (should be a fundamental right between), I think it should not only be cost efficient but should also be highly professional and systematic. Coming back to MBA. Managing a hospital requires one to know the basics of operations of a hospital (I mean how a hospital or medical facility works and not the operation done by doctors). And if you already know that, I would recommend you to take up a General management degree ie. A basic PGDM or MBA. Then better find a job at the various multispecialty hospitals. Doing a dedicated course would not be advisable and wise.

To do MBA, you must have 50% marks in graduation (any stream). Apart from this, you need to clear any national level entrance exam such as CAT/ MAT/ XAT/ LPUNEST/ NMAT/ CMAT/ GMAT. After qualifying written exam, you have to go through GD or PI. Many colleges offer this course in India with different specializations. You can choose any specialization, as per your interest. Even you can go for dual specialization. I am mentioning a few of them. Specializations:
Oil and Gas Management
Hospital and Healthcare Management, Supply Chain and Logistics, Tourism and Hospitality, Financial Markets, Finance, Marketing, Human Resources, Business, Operations, Information Technology, Retail Management, Strategy, Entrepreneurship, Business Analytics, E-Commerce, Banking and Financial Services, Agri-Business Management. Give your best to join top colleges as they increase the chances to get placed right after your Masters at a good package.