MBA after MBBS: Salary, Scope, Benefits, top Specialisations, Top MBA Colleges

MBBS has been among the most rewarding degree of all time. We have seen in the past that Doctors have been exploring career options without leaving the medical practice. Read here all about MBA after MBBS, including salary, scope, top exams, and more.

MBA after MBBS: Benefits, Scope, Salary, Specialisations

MBA after MBBS: Candidates who complete an MBBS degree can practise the medicine profession. However, one may not wish to pursue medicine practice after they complete the degree. Such candidates look for other related career options. With an MBA after MBBS, candidates are exposed to numerous career options, including pharmaceutical management, hospital management, among others. MBA after MBBS can widen the scope of the medical degree with an amalgamation of required business acumen.

Although getting into an MBA college is easier than MD/MS admissions. MBBS graduates often choose MD/MS as a PG degree. Admissions to MD/MS in India are based on NEET PG, which is considered a tough exam to crack. On the contrary, MBA admissions in India are based on entrance exams conducted at different levels, including national, state, and university. Some of the top management exams include CAT, MAT, XAT, SNAP, TS ICET, TANCET, etc.

Scroll down for complete information on MBA after MBBS degree, including the top exams, specialisations, scope, career options, salary, and more.

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Why MBA?

A Master of Business Administration is a PG management degree course offered to enhance the overall business acumen of the students. A graduate degree holder will likely consider a PG degree for career and skill advancement. An MBA tag has been known for offering a lucrative salary package along with a dream role in top organisations across the globe.

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However, medicine professionals typically choose MD/MS after MBBS to keep a streamlined career trajectory. Even after lucrative job options after becoming a doctor, “Should I pursue an MBA after MBBS?” is among the queries of doctors.

Financial freedom is never a hindrance after completing an MBBS degree as doctors in India earn fairly well if compared with other professionals. However, MBBS professionals may face issues with long work hours and unpredictable schedules. AN MBA after an MBBS salary may satisfy the needs of a candidate without transitioning completely from the career path.

Also Read: Can one study MBA after doing MBBS

The space below mentions top MBA specialisations to choose after MBBS:

1. Healthcare Management
2. Hospital Administration
3. Medical Informatics
4. Medical Administration
5. Public Health
6. Pharmaceutical Management
7. Healthcare Consulting

These are just a few of the many MBA specialisations. The best MBA specialisation can vary on the basis of interests and career goals. It is crucial to research and talk to other professionals who went for MBA after MBBS to get practical insights.

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Popular MBA Entrance Exams

MBA admission after MBBS or any other bachelor’s course is based on the marks secured by candidates in an MBA entrance exam. Almost all MBA courses are offered based on the MBA exam scores along with other elements for selection. The space below mentions top MBA entrance exams with colleges accepting the exam scores:

Advantages of MBA after MBBS

Students have to choose a stream among Science, Commerce, or Arts. Science is broadly divided into PCB and PCM. To get an MBBS admission, one must have completed Class 12 education with PCB. Students at such a young age  aren’t well aware of what the career will be like. MBA after MBBS helps one to change his/her career field. With endless specialisations, candidates may choose an MBA course which is closely related to what was taught during MBBS.

The space below mentions more benefits of MBA after MBBS:

• Improved Career Prospects
• Skill Enhancement
• More Opportunities
• Personal Growth
• Better Pay

An MBA is a great option if you are a doctor and looking to further advance your career. It can help you develop the skills and knowledge you need to succeed in the healthcare industry.

MBA after MBBS: Scope

With every other person having an MBA degree, the business administration degree has become a new normal. Earlier, MBBS or engineering was the go-to bachelor’s course as parents wanted their ward to be an engineer or a doctor. With the change in trend, people are having an inclination towards entrepreneurship.

Also Read: Career After PGDM: Job Opportunities, Salary and Scope

Career Fields After MBBS

Candidates can choose to pursue MBA after MBBS if they have a specific career in mind. Check some career options available once you do MBA after MBBS:

• Entrepreneur
• Health Insurance Executive
• Hospital Administrator
• Medical Technology Executive
• Healthcare Consultant

Also Read: Which is Better- MBA after Graduation or Work Experience?

MBA after MBBS: Salary

The salary package offered by top MBA colleges in India spills the worth of an MBA degree. B-schools across India do not release the MBA placement statistics specific to MBBS graduates completing the MBA degree. The table below mentions the highest international and domestic CTCs offered by IIMs in India:

Candidates looking for a master's degree after MBBS can also consider Master of Hospital Administration (MHA). Top medical colleges in India offer MHA admission to bachelor degree holders.

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