Highlights of Online MBA in Hospital Management
This course has the following highlights.
It sharpens the leadership abilities of students (such as decision-making, problem-resolution and communication), which enables them to perform better in hospital administration.
The course makes it possible to increase the network of students in the Healthcare domain, which shoots up potential job openings and valuable connections to ascend the career.
This program has a section for development of practical skills, due to which students get exposure to hands-on work, which enhances their efficiency of healthcare services delivery and hospital operations management.
Who Should do an Online Master Business Administration Health Management?
Graduates who:
- Want to financially secure their future as the Hospital domain is estimated to have a worth of 18,348 billion INR by the end of 2027 when the CAGR will be 18.24 percent.
- Want to develop their potential to prosper in the dynamism of the healthcare and hospital environs so that they stay ahead of the industry trends.
Working professionals who:
- Are healthcare professionals and want to accelerate their careers in hospital management.
- Are not having adequate opportunities in their field of work and want to switch to the Hospital field because it has recorded 50,000 new jobs from 2017 to 2022.
How to apply and Get Admission for the Online MBA in Hospital Adminstration and Healthcare Management?
You should go to the website of the online college or university. Open the Registration form and create your username and password while registering yourself. Then, sign in to the website and go to the Application form. On this form, you have to enter your details, such as personal, professional and educational. You should upload documents in support of these details. These documents can be PDF or image files. Then, transfer the amount of the application fee by a suitable mode, such as debit card, credit card, internet banking or UPI. Lastly, you have to submit the application form.
Fees for the Best Online Master of Business Administrtion Hospital Management
The gross fees of some top online institutes that execute this course are the following (the fees are in increasing order):
Acharya Nagarjuna University: (38,500 INR)
Pondicherry University: (45,500 INR)
Jaipur National University: (50,000 INR)
Suresh Gyan Vihar University: (62,400 INR)
Welingkar Institute of Management: (1,04,600 INR)
Dr. D. Y. Patil, Vidyapeeth: (1,40,200 INR)
Jain University: (1,70,000 INR)
BITS, Pilani: (2,54,000 INR)
Online Manipal: (2,60,000 INR)
Executive Master of Business Administration in Hospital Management Subjects
In the first year of this course, you can learn about the strategy of hospital management and the general management principles and pertinent finance concepts. The detailed subjects are the following.
Semester 1:
- Business Communication
- Business Statistics
- Managerial Economics
- Fundamentals of Business Law and Ethics
- Organisational Principles and Behaviour
Semester 2:
- Quantitative Techniques in Management
- Human Resource Management
- Fundamentals of Operations Management
- Basics of Marketing Management
- Financial Management
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Semester 3:
- Research Methodology
- HealthCare Laws and Ethics
- Hospital Architecture Planning and Design
- Operations Management in Hospitals
- Medical Terminology
- Elective 1
Semester 4:
- Inventory Management
- Total Quality Management
- Healthcare Planning
- Information System in Hospital Management
- Elective 2
- Project Work and Viva
A few examples of the elective subjects are the following:
- International Business Environment
- Role of AI in Healthcare
- Role of Healthcare Marketing and Branding
- Medical Tours Operations Management
- Ambulance and Transport Management
- Distribution Management
There can be some variations in the syllabus of the respective college. Nevertheless, the knowledge imparted is more or less the same.
Top Colleges Conducting Online Master of Hospital Management MHA
Some best colleges that conduct this online course are the following:
University of Mysore
Dr. D. Y. Patil, Vidyapeeth
Jain University
BITS, Pilani
Suresh Gyan Vihar University
Jaipur National University
Online Manipal University
Acharya Nagarjuna University
Pondicherry University
Welingkar Institute of Management
Placement Opportunities & Salary Range of Executive MBA Hospital ManagementÂ
The areas of recruitment are pharmaceutical firms, health insurance companies, hospital supply firms, medical institutes, public health departments, hospitals, clinics and nursing homes.
Some designations that are obtained after this course are the following (the salary of MBA in Hospital Management pass-outs are in increasing order).
You can get placed in Government jobs in the following ways:
- Pharmaceutical Production Manager: 2.6 lakhs INR
- Hospital Manager: 4 lakhs INR
- Chief Nursing Officer: 5 lakhs INR
- Medical Director: 7.5 lakhs INR
Some jobs in private organisations are the following:
- Marketing Operations Manager: 4 to 5 lakhs INR
- Consultant – Hospital Network & Quality Assurance: 5 to 7 lakhs INR
- Hospital Manager: 7 to 8 lakhs INR
- Hospital Administrator: 7 to 9 lakhs INR
- Product Manager: 10 lakhs INR
If you get a job in foreign countries (such as the US, Canada or Spain), you can get an average salary of 70,000 USD per year. Some such opportunities are the following:
- Pharmaceutical Production Manager: 78,989 USD
- Hospital Administration: 89,000 USD
- Medical Director: 95,786 USD
- Chief Executive Officer: 123,566 USD