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MBA in HealthCare & Hospital Colleges in India 2024 - Fees, Courses, Admissions, Placements, Cut Off

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On MBA in HealthCare & Hospital Colleges in India 2024 - Fees, Courses, Admissions, Placements, Cut Off

Q:   How many MBA in Healthcare Management colleges in India?

A: 

In India, there are approximately 383 top MBA in Healthcare Management colleges. Among these, 282 are privately held, 25 are owned by public/government organizations, and two are owned by public-private partnerships. CAT, MAT, CMAT, XAT, ATMA, and other entrance tests are commonly accepted by top MBA in Healthcare Management universities in India. Some of the popular MBA in Hospital Management institutes in India include NMIMS School of Business Management Mumbai, Chandigarh University, LPU, Goa Institute of Management, K J Somaiya Institute of Management, Aligarh Muslim University, IIM Bodh Gaya, SOA University, Welingkar Mumbai, and others.

Q:   Is MBA in Hospital Management good?

A: 
Yes, it is good. As hospital administrators, successful postgraduates of the course learn business management in healthcare administration and develop quantitative and conceptual skills which are required in high performing contemporary healthcare units and hospitals. They may work as employees in both corporate and government sectors in the areas of Pharmaceuticals, Health Insurance Companies, Public Health Departments, Hospital Consulting Firms, Laboratories and Clinics, Health Agencies, Mental Health Organisations, Nursing Homes. As an MBA in Hospital Administration, the candidate will learn the principles of management, efficient business handling as well as the details of inputs in administration of healthcare units and facilities all around the world and hence, become a management professional and oversee the timely and efficient access of treatment to patients.

Q:   What are the best colleges to study for an MBA in Hospital and Healthcare Management in India?

A: 

Every year, the National Institutional Ranking Framework (NIRF) ranks colleges. The ranking is based on factors, and the ranking changes from year to year based on the success of the college/university on parameters such as infrastructure, placements, faculty, and so on.

The table below lists the top MBA in Healthcare Management colleges in India as ranked by NIRF in 2021, 2022, and 2023:

College Name

NIRF 2021

NIRF 2022

NIRF 2023

NMIMS School of Business Management, Mumbai

22

25

21

LPU

37

34

32

Goa Institute of Management

35

 

33

Chandigarh University

45

36

36

K J Somaiya Institute of Management

56

71

45

Aligarh Muslim University

49

57

55

Q:   What is the salary package offered to MBA graduates for Healthcare and Hospital Management colleges abroad?

A: 

Salaries for persons with an MBA in Hospital and Healthcare Management can vary greatly depending on a variety of criteria, including geography, years of experience, the exact function, and the business or sector.

Here is a breakdown of probable pay for such positions in other countries:

Country

Salary Offered

Canada

  • Entry-Level: CAD 60,000 - CAD 80,000 per year
  • Mid-Level: CAD 80,000 - CAD 100,000 per year
  • Senior-Level: CAD 100,000 - CAD 150,000

Germany

  • Entry-Level: €40,000 - €60,000 per year
  • Mid-Level: €60,000 - €80,000 per year
  • Senior-Level: €80,000 - €120,000 per year

Australia

  • Entry-Level: $60,000 - $80,000 per year
  • Mid-Level: $80,000 - $110,000 per year
  • Senior-Level: $110,000 - $150,000

United States

  • Entry-Level: $50,000 - $80,000 per year
  • Mid-Level: $80,000 - $120,000 per year
  • Senior-Level: $120,000 - $250,000 

United Kingdom

  • Entry-Level: £25,000 - £40,000 per year
  • Mid-Level: £40,000 - £70,000 per year
  • Senior-Level: £70,000 - £6150,000 per year
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On MBA in HealthCare & Hospital Colleges in India 2024 - Fees, Courses, Admissions, Placements, Cut Off

Q:   What is the scope of an MBA in Healthcare and Hospital Management in India?

A: 

The scope of an MBA in Healthcare and Hospital management in India was promising and expanding. The healthcare sector in India was experiencing significant growth, driven by factors such as increasing healthcare awareness, technological advancements, government initiatives, and a growing population. Here are some aspects of the scope:

  1. Hospital Administration 

  2. Healthcare Consulting

  3. Pharmaceutical Management 

  4. Health Insurance

  5. Public Health Management 

  6. Entrepreneurship

  7. Research and Academia

Q:   Which university is best for MBA in Hospital/Healthcare Management in terms of placements in India?

A: 

Goa Institute of Management offered the highest placement package of INR 11 LPA, while SOA University offered the lowest placement package of INR 4 LPA.

Refer to the table below for a detailed overview of the top MBA in Healthcare Management colleges in India along with their placement package offered to their graduates:

College Name

Annual Average Package

Chandigarh University MBA

INR 8 LPA

GIM - Lovely Professional University MBA

INR 6 LPA – INR 7 LPA

GIM - Goa Institute of Management MBA

INR 11 LPA

SOA University MBA

INR 4 LPA

SOA1 Era Deemed to be University MBA

INR 8 LPA

Q:   Can I pursue MBA in Hospital and Healthcare in India in distance learning?

A: 

Yes, you can. The table below shows the distance MBA in Healthcare and Hospital Management colleges in India along with their total tuition fee:

College NameTotal Tuition Fee
Institute of Distance Education, University of MadrasINR 20,000
All India Institute of Management StudiesINR 10,000
Andhra University, VisakhapatnamINR 99,000
Dr. BR Ambedkar Open UniversityINR 2 lakh
Directorate of Distance Education, Alagappa UniversityINR 26,000
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On MBA in HealthCare & Hospital Colleges in India 2024 - Fees, Courses, Admissions, Placements, Cut Off

Q:   What are the various Executive MBA in Healthcare and Hospital Management colleges in India?

A: 

Refer to the table below for a detailed overview of the top Executive MBA in Healthcare and Hospital Management colleges in India along with their total tuition fees:

College NameTotal Tuition Fee
IMS Business School Kolkata INR 3 lakh
IIBMSINR 41,000
IICT Business School LucknowINR 23,000
ICRI Jagannath UniversityINR 50,000
KC College of Management StudiesINR 45,000

Q:   What are the various job profiles offered to MBA graduates of Healthcare and Hospital Management colleges in India?

A: 

Some of the most prominent MBA in Hospital Management positions, as well as MBA in Hospital Management salaries in India, are given here. Aside from these positions, MBA in Hospital Management employment choices include consultant, healthcare associate, marketing executive, business lead, hospital operations executive, health insurance executive, HR executive, finance executive, and so on.

MBA in Healthcare Job Roles

MBA in Healthcare Average Salary

Hospital Administrator

INR 5.7 LPA

Medical Practice Manager

INR 22.1 LPA

Pharmaceutical Product Manager

INR 15.2 LPA

Health Informatics Manager

INR 4 LPA

Hospital CEO

INR 30 LPA

NOTE: Above mentioned salaries has been taken from Ambitionbox, therefore it may vary in future.

 

Q:   What is the eligibility criteria to get an admission to top MBA in Healthcare and Hospital Management colleges in India?

A: 

The following are the general eligibility criteria for admission to MBA in Healthcare Management institutes in India:

  • Candidates must have a bachelor's degree or an equivalent degree from an approved institution or other organisation in any discipline, with a minimum cumulative GPA of 50%.
  • Top universities in India for MBA in Hospital & Healthcare Management consider scores from national admission tests such as the CAT, XAT, CMAT, MAT, and others. Candidates must meet the minimum requirements set by the aforementioned universities.
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