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MBA in Hospital Management 2024 Salary, Career Opportunities, Job Scope

MBA in Hospital Management is basically a two-year postgraduate program in which a student learns various hospital management techniques and business administration strategies like health care management, entrepreneurship, budgeting, and planning. This field has immense job scope to work in clinics, hospitals, and other healthcare-related firms.

In India, there are many universities and institutes that offer admission to an MBA in Hospital Administration. Many colleges enroll students from both medical and non-medical backgrounds. Admission to the course is only granted on the basis of the candidate’s performance in the entrance test which is commenced by the respective institute. Some institutes also conduct group discussions and interviews after the entrance test. The program syllabus is designed with the motive to develop graduates who are competent efficient planners, general and financial managers, conducting and financing health care system and possess necessary knowledge about public health and the structure, have knowledge about society, law, and ethics, and possess great quantitative skills.

Career Opportunities

MBA in Hospital Management degree holders are generally hired in the capacities of Medical and Health Service Managers,  Healthcare Finance Managers, Medical Directors, Hospital Administrators, Hospital Business Managers, Blood Bank Administrators, Food and Beverage Managers, etc.

A huge number of Job opportunities are there in Health Insurance Companies, Pharmaceuticals, Hospital Consulting Firms, Public Health Departments, Health Agencies, Laboratories and Clinics, Nursing Homes, Mental Health Organizations, and such.

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MBA in Hospital Management 2024 Overview

Program Hospital Administration
Type of Degree Postgraduate
Duration of Degree 2 years
Entrance Exams CAT, GMAT, XAT, NMAT, SNAP, CMAT
Eligibility Criteria Graduation in any discipline
Admission process Entrance Exam + Group Discussion followed by Personal Interview (GD-PI)
Cutoff
Fees for the entire duration INR 200,000 to Rs. 300,000
Average Salary INR 500,000
Job profiles Medical Director, Hospital Administrator, Business Manager, Healthcare Finance Manager, Blood Bank Administrator
Top recruiters in India Max Hospitals, Apollo Hospitals, Sun Pharma, Ranbaxy, Dabur India

Eligibility Requirements

The eligibility required for this degree program is that the students must gain not less than the minimum 50% aggregate percentage in their undergraduate degree. Furthermore, the minimum age limit to apply for the course is 21 years. Aspirants should be aware that the eligibility criteria can vary from institute to institute, but the general standards don’t change. Many colleges conduct their own entrance tests and therefore allow enrollment.

MBA in Hospital Management Admission Process

The below steps showcase the complete admission process for this degree program:

First of all, the interested students in this program will need to register for appearing in management entrance examinations for instance CAT, GMAT, XAT, SNAP, or others through the authorized web browser of the examination conducting body. Candidates will also be able to register themselves for university-level entrance examinations in the colleges that grant admission to MBA in Healthcare Management. Post this, the applicants will have to take part in the examinations by appearing at the examination center on the scheduled date and time with admit card. Furthermore, they need to apply for admission to the institutes that are granting admission an MBA in Hospital Administration with the scorecard. It is mandatory for the applicants to attain the minimum cut-off range announced by the respective institute in which they are seeking admission.

Moreover, shortlisted candidates will receive seat allotment in the counseling rounds. Later, they have to pay the admission fee to freeze or lock their seat. Then, report to the college premises to complete the document verification process and pay the remaining academic fee. Appliers must make sure that the enrollment process is successfully completed with the help of the allotment of enrollment numbers.

Top Entrance Exams

Test Institutes Accepting the Exams Registration Date
CAT 2024 IIMs and several other B schools First week of August, 2024 – Second week of September, 2024
XAT 2024 XLRI, its associates and other B schools August 2024
CMAT 2024 B schools approved by AICTE Third week of February, 2024 – Third week of March, 2024
MAT 2024 Institutes under AIMA The second week of September 2024 (IBT) Last week of August, 2024 (PBT) Second week of September, 2024 (CBT)

Top Colleges Offering Admission to MBA (Hospital Management)

Institutes Location Average Fees
Aligarh Muslim University Uttar Pradesh Rs. 4.05 lakhs
School of Management Kanchipuram Rs. 7.1 lakhs
MGM Institute of Management & Research Aurangabad Rs. 2.5 lakhs
People’s Institute of Management & Research Bhopal Rs. 1.4 lakhs
Royal Global University (RGU) Guwahati Rs. 4.53 lakhs
AJ Institute of Management Mangalore Rs. 2.8 lakhs
CMJ University Meghalaya Rs. 1.45 lakhs
Guru Kashi University Bhatinda Rs. 1.23 lakhs
Pacific University Udaipur Rs. 1.5 lakhs
Institute of Management Studies, Devi Ahilya Vishwavidyalaya (IMS DAVV) Indore Rs. 1.26 lakhs
JSS Academy of Higher Education & Research Mysore Rs. 3.57 lakhs

Skills Required

Aspiring individuals should possess a number of skill sets in order to get admission in an MBA Hospital Management program. These skill sets enable the aspirants to grow their educational experience and know the operation of the healthcare sector and related areas.

  • Communication Skills
  • Interpersonal Skills
  • Time Management
  • Flexibility
  • Organizing Skills
  • Managerial Skills
  • Leadership Skills
  • Team Management

Program Syllabus

MBA Hospital Management course curriculum depends on college to college. Here is the general program syllabus of Kushabhau Thakre Patrakarita Avam Jansanchar Vishwavidyalaya, Raipur:

First Semester

  • Management Concepts & Process
  • Communication skills
  • Organizational Behavior
  • IT for Hospital Administrators
  • Principles of Hospital Administration
  • Managerial Economics
  • Accounting for Managers

Second Semester

  • Hospital Planning
  • Planning & Designing Hospital Services
  • Public Relations for Hospitals
  • Marketing of Hospitals
  • Sales & Advertising Management
  • Global Business Environment
  • Business Laws
  • Training & Performance Management
  • Human Resource Management

Third Semester

  • Strategic Management
  • Legislation for Health & Hospitals
  • Ethics in Hospital Administration
  • Health Administration
  • Retail Management
  • Rural Marketing
  • CRM in Hospitals
  • Consumer Behavior
  • Human Resource Planning & development

Fourth Semester

  • Industrial & Service Marketing
  • Entrepreneurship
  • Project Report (12 credits)

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