Online MBA in Healthcare Management is a 2-year postgraduate program in which students learn about healthcare management knowledge and skills needs in the healthcare industry. Online course allows working professionals to learn while working or remote areas and students to access high-quality courses from top Universities who are looking to make a career in this field.
The Universities that offer MBA Healthcare Management online courses have been monitored, and regulated, and all the standards maintained by a government body named “The University Grants Commission (UGC)” under the Department of Higher Education, Ministry of Education, Government of India, which is set up in accordance to the UGC Act 1956 having an autonomous institute “The National Assessment and Accreditation Council (NAAC)” established in 1994 which access and accredit these “Higher Education Institute (HEIs)” and, mandate quality and standards.
With developing technology and necessity there is upgradation in the Education system for society’s betterment, mainly after Covid-19, Online Course grabs attention and its demand leads many top universities in India to offer Online MBA in Healthcare Management courses which makes easy for working professionals and remote students to seek MBA degree with the help of technology and an Internet connection in affordable cost.
History of MBA in Healthcare Management
Between the 1960s and 1970s, a Healthcare management course was started in health school. In the 1980s, the MBA in Healthcare Management gained popularity across the world, many Universities started offering MBA in Healthcare Management to meet the healthcare industry demand. In the late 2000s, Universities across the globe started offering Online MBA programs for students who want to advance in their careers while working.
In the 2020s, the Online MBA in Healthcare Management continued to evolve and gained lots of attention due to Covid-19 pandemic. It highlights the importance of an MBA in the healthcare administration industry, and an Online MBA in Healthcare Management has become widely recognizable.
Benefits of Online MBA in Healthcare Management
- Career Advancement:
For healthcare specialists, an MBA can open publicities to senior roles accompanying better maturities.
- Versatile Skills:
An MBA program specifies an inclusive establishment of skills that may be employed in miscellaneous areas inside healthcare manufacturing.
- Networking:
MBA programs foster networks accompanying classmates, graduates, and artists in the healthcare field.
- Impact:
Healthcare administration parts play a vital act in reinforcing the features and approachability of healthcare duties for individuals.
- Finance, Accounting, and Marketing:
Grasped law has to do with healthcare movements.
- Strategic Management:
Developed capabilities to guide healthcare arranging.
- Team Leadership:
Acquired abilities for directing healthcare groups efficiently.
- Project Management:
Mastered methods for management healthcare projects.
- Strategic Decision-Making:
Gained knowledge in making cognizant conclusions for healthcare arrangements.
- Industry Knowledge:
Thoroughly assumed healthcare rules, challenges, and development convenience.
- Data Analysis:
Acquired the strength to resolve healthcare dossier and recognize patterns.
- Data-Driven Decisions:
Developed abilities for leveraging dossier to increase healthcare effects.
Top Colleges in India that offers Online MBA in Healthcare Management
There are different types of modes for pursuing a degree Online MBA in a Healthcare Management program, with their benefits and functions, The Top Colleges offering these programs are:
1. Jain University, Bangalore
Cost of Online MBA in Healthcare Management in India:
Pursuing an Online MBA in Healthcare Management in India average course fee is in the range of 1,70,000 INR to 1,75,000 INR.
Syllabus of Healthcare Management
| Semester-I | Semester-II |
· Principles of Economics and Markets · Managerial Effectiveness and Ethics · Accounting and Finance · Organizational Behaviour and HRM · Quantitative Techniques and Analytics | · Entrepreneurship · Marketing Management and Research · Healthcare Quality Management · Risk and Disaster Management · Patient Care Management |
| Semester-III | Semester-IV |
· Business Environment and Strategy · Operations Management · Supply Chain and Material Management in Healthcare · Medical Record Management · Planning of Healthcare Services · Elective-I | · Healthcare Information Technology · Healthcare Insurance · Healthcare Laws · Medical Tourism · Elective-II · Thesis/Project Work |
Elective subject are classified according to specialization choice.
Eligibility
- In India, there are different methods, and entrance exams for admission in different Universities and Institutions but to pursue of Online MBA in Healthcare Management, student must have a minimum qualification of 3 years of Bachelor’s degree or in the final year of a bachelor course.
- Students must have 50% aggregate marks or above in the general category while 45% aggregate marks or above in the reserved category to pursue the degree of Online MBA in Healthcare Management.
- Criteria may vary according to the choice of institute and University.
- Students require the following essential documents:
1. Aadhar Card
2. 10th Marksheet
3. 12th or Equivalent Marksheet
4. Graduation Marksheet(if you have)
5. University/Institute Transfer Certificate
6. Migration Certificate
7. Caste Certificate(If required)
8. Any other degree Certificate(If you have)
Admission Process in Online MBA in Healthcare Management
Easy and flexible process, students do not need to present at any Institute or University, they just have to go to the University website, fill out the application form on the portal, select Online MBA in Healthcare Management, and upload all the necessary documents along with it.
Books for MBA in Healthcare Management in India
- Essentials of Healthcare Management by Peter Drucker
- Healthcare Operations Management by James R. Langabeer II
- Healthcare Strategic Planning by Alan M. Zuckerman
- Health Economics by Charles E. Phelps
- Healthcare Information Technology Management by Alfred B. Chambers
- Leadership in Healthcare by Graham Dickson
- Healthcare Marketing: A Case Study Approach by John L. Fortenberry Jr.
- Strategic Management in Healthcare Organizations by Peter M. Ginter
- Healthcare Finance: An Introduction to Accounting and Financial Management by Louis C. Gapenski
- Legal Aspects of Healthcare Administration by George D. Pozgar
Scope of MBA in Healthcare Management in India
- Healthcare IT Manager:
IT managers in healthcare manage the arrangement and sustenance of facts structures, making certain healing records are secure, nearby, and trial rules.
- Pharmaceutical Product Manager:
Product managers in drug manufacturing handle the making, shopping, and sale of healthcare fruit. They study the stock exchange, resolve what clients need, and receive new amounts ready to begin.
- Health Insurance Manager:
Managers at protection parties the ones who handle medical insurance protection making plans, directing claims, and making certain they attend rules.
- Healthcare Operations Manager:
These specialists accomplish the day-to-day functioning of health care conveniences, guaranteeing smooth movements. They grant permission to focus on extents like patient care, ease of maintenance, and supply distribution.
- Policy Analyst:
Working in healthcare procedures, these specialists collude with accompanying organizations (political, non-profit, or research) to study healthcare tactics. They supply suggestions to improve the bureaucracy’s influence.
- Healthcare Entrepreneurs:
The growing need for inventive healthcare resolutions has aid for administrators. They establish trades to a degree startups, telemedicine aids, and healing device manufacturers.
- Healthcare Marketing Manager:
Design and kill shopping plans to promote healthcare contributions, containing services, commodities, and conveniences. May operate inside wards, pharmaceutical firms, or healthcare electronics arrangings.
- Educator/Researcher:
Pursue duties in academic or research settings, in the way that academies, institutes, or think tanks do. Focus fields can include healthcare administration, moral considerations, or healthcare commerce.
Salary after MBA in Healthcare Management in India
MBA in Healthcare Management online opens opportunities in various sectors and organizations in different professions with different positions. The average salary after MBA in Healthcare Management in India is 11.5 LPA.
Other Specialization of Online MBA
| General Management | Finance | Marketing |
| Human Resource Management | Business Intelligence | Business Analytics |
| Operation Management | Entrepreneurship | Leadership |
| Data Science | Digital Marketing | Healthcare Management |
| Healthcare Management | Data Analytics | E-Commerce |
| Information Technology Management | International Finance | Project Management |
| Advertising and Branding | International Business | FinTech |
Other Mode of MBA in Healthcare Management in India
MBA in Healthcare Management is categorized depending upon the mode of education, there are several other modes except Online MBA which include:
- Regular Courses:
Regular MBA in Healthcare Management Courses are offered by a wide variety of Universities and Institutions that offer regular 2-year post-graduate courses, divided into four to six semesters in MBA, they provide placement in top companies across the world having an average cost of pursuing a regular MBA in Healthcare Management in India is INR 5LPA, It varies depending upon University and Institute. Pursuing a full-time MBA in Healthcare Management in India is between 2,00,000 INR to 25,00,000 INR depending upon the Institute or University.
- Distance Courses:
By visualizing market demand many University provides distance courses in MBA in Healthcare Management in India which is designed to provide ease to working professionals to seek an MBA in Healthcare Management degree along with Jobs to grow in career and achieve life goals having pursuing cost is around INR 2LPA in India. Fees for pursuing a part-time MBA in Healthcare Management in India is in the range of 40,000 INR to 1,50,000 INR depending upon the Institution’s choice.
- 1 Year Courses:
It is gaining popularity in recent times, mainly by working professional who needs master business degree management programs in Healthcare Management for career development and promotion. So they can seek an MBA in Healthcare Management degree while working and advancing in their life and salary in a one-year program.
Colleges for Healthcare Management in India
- Indian Institute of Management (IIMs):-
Indian Institute of Management (IIMs) is India’s top Management Business School in India that offers an MBA in Healthcare Management course which is established by the government, based on the recommendation of the Planning Commission of India, It offers 2-year MBA programs in Healthcare Management having fees is about 21 lakhs to 27 lakhs for 2-year post-graduate program depending upon Institute and specialization.
| University | Established | Tution Fees+Hostel Charges |
| IIM Calcutta | 1961 | INR 27L |
| IIM Ahmedabad | 1961 | INR 19L |
| IIM Bangalore | 1973 | INR 25L |
| IIM Lucknow | 1984 | INR 21L |
| IIM Indore | 1996 | INR 22L |
| IIM Kozhikode | 1996 | INR 21L |
| IIM Shillong | 2007 | INR 13L |
| IIM Raipur | 2010 | INR 16L |
| IIM Ranchi | 2010 | INR 18L |
| IIM Rohtak | 2010 | INR 20L |
| IIM Kashipur | 2011 | INR 19L |
| IIM Tiruchirappalli | 2011 | INR 20L |
| IIM Udaipur | 2011 | INR 21L |
| IIM Amritsar | 2015 | INR 18L |
| IIM Bodh Gaya | 2015 | INR 17L |
| IIM Nagpur | 2015 | INR 18L |
| IIM Sambalpur | 2015 | INR 18L |
| IIM Sirmaur | 2015 | INR 16L |
| IIM Vishakhapatnam | 2015 | INR 18L |
| IIM Jammu | 2016 | INR 18L |
| IIM Mumbai | 2023 | INR 21L |
There are several other Central and state government-owned Universities, IITs, and NITs which provide degrees in MBA in Healthcare Management by entrance exams. There are also several other Universities providing MBA in Healthcare Management courses in India, and all these universities are UGC recognized as having good NAAC ratings with good facilities, professors, teaching tools, and technology. Above these are categorized based on Authorization while,
- Private University:-
There are several privately UGC recognized Universities with better infrastructure, tools, facilities, and professional professors, that provide MBA in Healthcare Management Courses in India which include top Universities such as:
| University | NIRF | Location |
| Symbosis Institute of Business Management | 17 | Maharashtra |
| SVKM’s Narsee Monjee Institute of Management Studies | 21 | Maharashtra |
| Amity University | 28 | Uttar Pradesh |
| Amrita Vishwa Vidyapeetham | 30 | Tamil Nadu |
| Lovely Professional University | 32 | Punjab |
| Chandigarh University | 36 | Punjab |
| Anna University | 49 | Tamil Nadu |
| Graphic Era University | 65 | Uttarakhand |
| Manipal University Jaipur | 79 | Rajasthan |
| Jain University | 85 | Karnataka |
| Uttaranchal University | NA | Uttarakhand |
Popular Exams for admission in Top Universities in India
- CAT (Common Admission Test)
It is a very famous MBA in Healthcare Management entrance exam in India conducted by the Indian Institutes of Management, which notification comes in the month of July-August for admission to top universities based on the result of this examination.
- GMAT (Graduate Management Admission Test)
Graduate Management Admission Council conducts the Graduate Management Admission Test for admission to an MBA in Healthcare Management for national and foreign institutes where Candidates can appear 5 times a year for this test.
- XAT (Xavier Aptitude Test)
Xavier School of Management, Jamshedpur conducts the XAT exam in January for admission to an MBA in Healthcare Management, which is accepted in many management universities and institutes.
- MAT (Management Aptitude Test)
All India Management Association conducts the popular national-level entrance exam MAT for admission to an MBA in Healthcare Management in different Management institutions and Universities across India which is conducted 4 times a year, i.e. February, May, September, and December.
- CMAT (Common Management Admission Test)
National Testing Agency conducts a popular national entrance test CMAT for admission to top Universities in April for pursuing an MBA in Healthcare Management.
Other Specialization of Online MBA
Conclusion
Healthcare Management is a way of preparing graduates for the Healthcare Industry with the necessary skills and information to run and manage. Online Healthcare Management courses offer flexible and affordable ways for students to learn and develop their careers in this sector. This article aims to help students to acknowledge Online Healthcare Management courses, and Universities, and their benefits of it in different sectors and organizations with better present and future scope all over the world within top organizations and helps in financial growth, skills, and many more.