Want to make a career in Healthcare Management? Pick MBA in Healthcare Management at KJ Somaiya Insititute of Management
In an exclusive interaction with Shiksha.com, the experts at KJ Somaiya Institute of Management talks at length about the MBA in Healthcare Management programme. They answer the most common doubt among students about the difference between MBA in Healthcare Management and Masters of Health Administration along with the detailed admission process, eligibility criteria, selection parameters, fee and scholarships offered. Healthcare is an ever-evolving industry that offers immense scope for students’ development. With these facts and detailed information on curriculum and scope of the programme, it will be easier for students to decide for a career in Healthcare Management from KJ Somaiya Institute of Management.
Read the excerpt of the conversation below:
Q: How is an MBA in Healthcare Management programme different from the Master of Health Administration?
A: With a comprehensive overview of the corporate sector, Master of Business Administration programmes ground students in productive business operations. The core MBA programme includes business growth, accounting, financing, economics, communications, management and planning, all of which are necessary for understanding and handling every company's main operations.
An MBA in Healthcare applies to the general MBA degree the specialist concentration in management within the healthcare sector, adapting these fundamentals in business strategy and administration to the particular healthcare requirements.
Depending on the students’ expectations, some of the unique healthcare requirements may not be adequately explored in an MBA-based healthcare programme. Students may find that they are very much an MBA student based on the breadth of business practises and skills as described by the global corporate world and then extended to healthcare management.
Talking about the Master of Health Management programme, it is usually offered by public health colleges, allied health, or even pharmacy schools, putting the degree programme in a clinical health environment. The emphasis of the MHA programme is on integrated health care expertise with curricula, which focuses on fields such as population health, health economics, health policy and management of healthcare institutions, while also focusing on some of the business courses that are common to most of the MBA programmes: financial analysis and management, human resource management, marketing and communications, and strategic business management.
Q: What is the admission process and selection parameter for admission to MBA in Healthcare Management at KJ Somaiya Institute of Management?
A: As a part of the admission process, interested applicants must fulfil the eligibility criteria which is to have a minimum aggregate of 50 per cent from any UGC approved college & recognised University. Besides this, all applicants are also expected to have a valid score of any of the nationally accepted management qualifying exam such as CAT, XAT, CMAT and GMAT.
The admission process broadly comprises of two stages:
- Filling up an application form: All eligible candidates with a valid score of any nationally accepted management qualifying exam must fill up the application form online by visiting the institutes’ official website
- GD/PI: Basis the candidates’ detailed profile screening, they are called for a group discussion and a personal interview round.
Final selection is made basis the overall profile view of the student. Students are evaluated on the basis of the following parameters and weightage:
| Qualifying Exam |
25% |
| Personal Interview |
25% |
| Group Discussion |
10% |
| Past Academic Records |
10% |
| Achievements |
10% |
| Work Experience |
5% |
| Additional Qualification HCM or Sports Related |
5% |
| Statement of Purpose |
10% |
The last date to apply for admissions 2021 at KJ Somaiya Institute of Management is February 7, 2021.
Q: What is the total cost of the two-year MBA porgramme in Healthcare Management?
A: The total cost of the two-year MBA in Healthcare Management programme is Rs 16,29,279. The first year fee is Rs 7,81,785 which includes tuition fee, development fee and a refundable deposit of Rs 10,000. The second-year fee is Rs 8,47,494 which also includes tuition fee, development fee and an alumni association fee of Rs 2,500
Q: Do you offer any scholarships or financial assistance to students?
A: We understand the lack of financial resources and hence, we do not let it become a reason to sacrifice or compromise on quality education. Hence, the institute offers numerous scholarship options to students to choose from, such as –
Need-based scholarship, which is offered basis the financial circumstances of the students’ family
Merit-based scholarship offered to students basis their past academic records
Special Interest scholarships are awarded to students basis their unique interest and hobbies that sets them apart from the crowd
Subject-based scholarships are designed for students with definite educational and career interests; promoting excellence within certain fields.
Q: What is the scope of an MBA programme in Healthcare Management?
A: MBA Healthcare Management equips students to pursue their long-term employment in the healthcare industry, which encompasses hospitals, pharma companies, health services, diagnostics, nutrition and fitness, digital health care, medical equipment, public health care, home care, as well as careers in IT and telecommunications firms within healthcare vertical. The students can build their careers in the following areas:
- Hospital administration
- Digital healthcare
- Digital marketing of healthcare
- Sales and marketing of healthcare products and services
- HR management inn healthcare sector
- Operations and supply chain management in healthcare
- Healthcare advertising and media management
- Product management in healthcare
- Patient care and support management
- Financial management in healthcare
- Managing healthcare chains
- Data analytics and informatics in healthcare
- Quality management
- Consultancy in healthcare
- New business development in healthcare
Q: Can you share some recent year placement trends?
A: Despite the difficult times due to the global pandemic situation, the institute was able to place over 97 per cent of the students in 2020. Among the principal offers made, the students have received job offers from Industrial Sectors like Banking and Insurance Sector, IT & ITES,
Financial Services, Consulting, FMCG and Manufacturing. Top recruiters include SAP, PWC, Jaquar, Airtel, ITC Ltd, IBM, KPMG, Hero, HSBC and Infosys. Below are some of the key placement statistics for the batch graduating in 2020:
| Batch Size |
508 |
| Highest Salary |
Rs 28.50 lakh |
| Average salary of Top 100 Offers |
Rs 13.25 lakh |
| Average Salary |
Rs 10.08 lakh |
| No. of recruiters visited campus |
165 |
| No. of new recruiters |
39 |
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KJ Somaiya Institute of Management, Vidyavihar(E)
Ghatkopar East, Mumbai ( Maharashtra)
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Student Forum
Anything you would want to ask experts?Answered 2 weeks ago
With an NMAT score of 209 (QA: 62, LR: 63, English: 84), here's how your chances look:
NMIMS (Mumbai & Other Campuses)
- NMIMS Mumbai (Flagship MBA):
- Typical cutoff is 235–250+.
- At 209, admission to Mumbai campus is unlikely.
- NMIMS Bengaluru, Hyderabad, Navi Mumbai, Indore, Dhule:
- Cutoffs are lower (200–21
S
Contributor-Level 10
Answered a month ago
KJ Somaiya Institute of Management accepts national entrance exams for admission. The institute accepts national entrance exams like CAT, XAT, GMAT, NMAT, ATMA, CMAT for MBA admission. The MCA admission is based on MAH MCA CET, PERA CET, CUET-PG.
A
Contributor-Level 10
Answered a month ago
KJ Somaiya Institute of Management is comparatively expensive as other institute. The MBA fee structure at KJSIM is INR 13.48 lakh- INR 23.45 lakh. The fee structure includes tuition fee, caution fee, security deposit, hostel fee, etc.
K
Contributor-Level 10
Answered a month ago
KJ Somaiya Institute of Management is one of the eminent institute which offers quality education to the students. The institute is well-known for MBA programme. KJSIM hires well-trained and expert faculty members with years of experince. The institute has been ranked 65 in the Management category b
L
Contributor-Level 10
Answered 2 months ago
KJ Somaiya Institute of Management has vibrant campus and oragnises various workshops, fairs, seminars, conferences, meets, summits, symposiums, awareness programs etc. Various fests and fairs are organised on the occasion of religious holidays to be inclusive of the diversity it houses within the c
U
Contributor-Level 10
Answered 2 months ago
Yes, KJ Somaiya Institute of Management is collaborated with various international industries, universities, and colleges. Below mentioned is a list of several KJ Somaiya Institute of Management (KJSIM) global partners in education:
KJ Somaiya Institute of Management Collaborations | ||
|---|---|---|
Saint Martin University, USA | DHBW, Stuttgart, Germany | New Jersey City University, USA |
UC Leuven Limburg, Belgium | THI, Ingolstadt, Germany | University of Technology of Troyes, France |
University of Applied Science, Krems, Austria | - | - |
A
Contributor-Level 10
Answered 2 months ago
KJ Somaiya Institute of Management is a private institute. The institute is accredited with the Association to Advance Collegiate Schools of Business and NAAC A Grade. The institute has partnered with international universities and organisations to support student & faculty exchange programmes and r
A
Contributor-Level 10
Answered 2 months ago
KJ Somaiya Institute of Management admission 2026 is open. Interested students can apply directly through the official page. The institute accepts admission based on entrance exams.
A
Contributor-Level 10