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.
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.
- 2-Year Full Time MBA in Healthcare Management by IIMs
- 2-Year Full Time MBA Healthcare Management Specialization or MBA Equivalent PGDM by B-Schools and Universities like GIM Goa, K J Somaiya, Welingkar
- 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
- 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
MBA in Healthcare Management: Top Companies | ||
Siemens | McKinzee | Manipal |
GE | PWC | Columbia Asia |
J&J | Cognizant | UNICEF |
Abbott | Infosys | UNDP |
Cipla | TCS | Government sector |
Pfizer | ICICI Lombard | Practo |
Glenmark | Bajaj Allianz | Gocci |
E&Y | Star Health | Home-Health |
KPMG | Fortis | Portea |
Deloitte | Apollo |
MBA Healthcare Management: Profiles & Roles Offered
Key roles and profiles offered to the candidates with MBA in Healthcare specialization include
Consultant / Associate Consultant | Manager / Assistant Manager | Healthcare Finance executive |
Domain specialist – Healthcare | Business lead | Project manager/co-ordinator |
Analysts; Marketing executives | Hospital operations executive | Health Insurance executive |
Management trainee | Healthcare HR executive |
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.