MBA in Hospital Management: Course, Admission, Fees & Careers

Vaishali Pandey
July 17, 2024

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MBA in Hospital Management: Course, Admission, Fees

The MBA in Hospital Management is a comprehensive two-year postgraduate degree equipping students with the knowledge to manage healthcare facilities and improve patient care efficiently. With opportunities in top hospitals, health organisations, and consulting firms, an MBA in Hospital Management prepares students for diverse and promising career paths in the healthcare industry.

But before you can start targeting those dream jobs, let’s dive into what you need to get into this program.

Course Overview: MBA in Hospital Management

Here’s a table with a quick overview of the key components you need to know about pursuing an MBA in Hospital Management.

Particulars Details
Name of Course MBA in Hospital Management
Course Level Postgraduate
Course Duration 2 years
Eligibility Completed Bachelor’s degree in any relevant field from a recognised college or university with a minimum aggregate of 50% marks
Entrance Exams CAT, XAT, NMAT, CMAT, MAH CET, etc.
Course Fees INR 2 - INR 10 Lakh
Average Salary INR 4 - INR 10 LPA
Top Recruiters Cipla, Fortis, Apollo, Ranbaxy, Novartis, Star Health, etc.
Top Colleges Goa Institute of Management, Lovely Professional University, K J Somaiya Institute of Management, Apollo University, Chandigarh University, IIM Bodh Gaya

Why Choose an MBA in Hospital Management?

Pursuing an MBA in Hospital Management opens doors to a wide range of career opportunities in the ever-flourishing healthcare industry. Here are some of the key reasons why you should opt for an MBA in Hospital Management.

1. Comprehensive Industry Knowledge

  • Provides a thorough understanding of the healthcare sector.
  • Prepares students for managerial roles in both public and private healthcare organisations.

2. Specialised Management Skills

  • Develops skills in strategic planning, financial management, healthcare policy, and operational efficiency.
  • Equips students to manage modern healthcare facilities and systems effectively.

3. Diverse Career Paths

  • Opens opportunities in hospitals, healthcare consulting firms, insurance companies, and pharmaceutical companies.
  • Offers roles in the IT industry focused on data integrity and security in healthcare information systems.

4. Impact on Patient Care and Healthcare Delivery

  • Trains healthcare managers to enhance patient care and optimise healthcare delivery.
  • Focuses on implementing effective policies and managing healthcare resources efficiently.

5. Industry Growth and Demand

  • A promising career path with starting salaries ranging from INR 3 lakh to INR 10 lakh per year.
  • Increasing need for professionals, offering numerous career opportunities in well-known firms.

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MBA in Hospital Management: Eligibility

To pursue an MBA in Hospital Management, candidates must meet specific educational and exam-related requirements. The table below outlines the eligibility criteria needed to apply for this program.

Criteria Details
Educational Qualifications A Bachelor's degree in any relevant field from a recognised college or university with a minimum aggregate of 50% marks in the undergraduate program.
Work Experience It is not always mandatory, but prior professional experience can be beneficial and is sometimes preferred by top institutions.
Entrance Exams Admission is based on scores from national, state, and university-level management entrance exams. Commonly accepted exams include:
  • CAT (Common Admission Test)
  • XAT (Xavier Aptitude Test)
  • NMAT (NMIMS Management Aptitude Test)
  • CMAT (Common Management Admission Test)
  • SNAP (Symbiosis National Aptitude Test)
Additional Criteria Some institutions may require participation in group discussions and personal interviews as part of the selection process. A strong academic record and good performance in entrance exams are critical for securing admission to top colleges.

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Admission Process for MBA in Hospital Management

There are several steps involved in the admission process for an MBA in Hospital Management, from preparing for entrance exams to final selection rounds. Here’s a detailed guide on the process.

Step-by-Step Guide to the Application Process

1. Research and Select Colleges

  • Identify the colleges and universities offering MBA in Hospital Management.
  • Review their specific admission requirements and deadlines.

2. Prepare for Entrance Exams

  • Register and prepare for relevant entrance exams such as CAT, XAT, NMAT, CMAT, MAH CET, IBSAT, ATMA, SNAP, and MAT.
  • Focus on achieving high scores to increase your chances of admission to top institutions.

3. Submit Application Forms

  • Fill out application forms for the selected colleges, ensuring all required documents are included.
  • Submit the applications before the specified deadlines.

4. Entrance Exam Results

  • Wait for the announcement of entrance exam results.
  • Shortlisted candidates based on exam scores will be invited for the next stages of the admission process.

5. Group Discussions and Personal Interviews

  • Participate in group discussions and personal interviews conducted by the colleges.
  • Demonstrate your knowledge, communication skills, and passion for healthcare management.

6. Final Selection

  • Colleges release a merit list based on entrance exam scores, group discussion performance, and personal interviews.
  • Selected candidates will receive admission offers.

Interviews and Group Discussions in the Selection Process

1. Group Discussions

  • Assess candidates’ ability to work in teams, communicate effectively, and think critically.
  • Topics may include current healthcare issues, management scenarios, and industry trends.

2. Personal Interviews

  • Evaluate candidates’ motivation, leadership potential, and understanding of healthcare management.
  • Interviews provide an opportunity to showcase your suitability for the program and career aspirations.

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Entrance Exams and Cut-Off for MBA in Hospital Management

Entrance exams are pivotal in the admission process for an MBA in Hospital Management. Here's a table summarising the common entrance exams and their typical cut-offs for top colleges:

Exam Typical Cut-Off Top Colleges Accepting
CAT 98-100 percentile (general);
95-98 percentile (reserved)
All IIMs
MAT 90+ percentile Amity Business School Noida, Christ University Bengaluru, BIMTECH Greater Noida
XAT 90-95 percentile IIM Delhi, XLRI, K J Somaiya Institute of Management
CMAT 85-99 percentile JBIMS Mumbai, Goa Institute of Management, SIMSREE Mumbai
NMAT 150-250 score NMIMS Hyderabad, SRM University Delhi-NCR, SOIL Institute of Management
SNAP 97-98.5 percentile SIBM Pune, SCMHRD Pune, SIIB Pune

The next section outlines the core subjects, electives, and the overall structure of the program.

MBA in Hospital Management: Semester-Wise Syllabus 

The MBA in Hospital Management syllabus provides comprehensive knowledge and skills necessary for effective healthcare management. Here’s a table highlighting the semester-wise syllabus of the MBA in Hospital Management.

Semester 1 Semester 2
Marketing Management Financial Management
Principles of Management Marketing Strategy and Applications
Business Statistics Business Mathematics and Operations Research
Organisational Behaviour Organisation and Administration of Clinical Services
Business Law Management of National Health Programs
Financial Accounting Materials Management
Managerial Economics Human Resource Management
Semester 3 Semester 4
Management Information Systems International Business
Business Policy and Strategic Management Applied Epidemiology
Pharmaceutical Management Hospital Planning
Quality Management Management Control Systems
Legislation for Health and Hospital Foreign Language
Health Education and Communication Environment Management and Business
Foreign Language Projects

Course Structure

Aspect Details
Program Duration Typically spans over four semesters.
First Year Focus Covers fundamental management principles and healthcare-specific subjects.
Second Year Focus Allows students to choose electives based on their areas of interest and career goals.
Internships Part of the curriculum provides hands-on experience in real-world healthcare settings.
Capstone Project/Dissertation Includes a research project on a relevant healthcare management topic.

MBA in Hospital Management: Subjects

Here’s a detailed overview of the subjects typically covered in an MBA in Hospital Management program.

Core Subjects

  1. Human Anatomy and Physiology
  2. Medical Terminologies
  3. Global Management
  4. Managerial Economics
  5. Financial Accounting
  6. HR Management
  7. Industrial Relations
  8. Mathematical Models

Elective Subjects

  1. Networking
  2. Quality Management
  3. Housekeeping Management
  4. Ambulance and Transport Management
  5. Medical Tour Operations Management
  6. Medical Records Management
  7. Hospital Office Management

MBA in Hospital Management: Mode of Program

The MBA in Hospital Management is offered in various formats to accommodate the diverse needs of students. Here are the details, along with some of the top institutes offering these programs.

Mode of Program Duration Advantages Top Institutes
Full-Time Programs Typically 2 years
  • Ideal for recent graduates
  • Extensive networking opportunities
  • Access to campus resources
  • Indian Institutes of Management (IIMs)
  • Tata Institute of Social Sciences (TISS)
  • Symbiosis Institute of Health Sciences (SIHS)
  • Apollo Institute of Hospital Administration
Part-Time Programs 3-4 years
  • Balances work and study
  • Real-time application of learning
  • Maintains current employment
  • IIMs (Part-Time MBA programs)
  • Symbiosis International University
  • Manipal Academy of Higher Education
Online Programs 2-3 years
  • Ideal for those needing flexibility
  • Access to a global network
  • Suitable for remote areas
  • Amity University Online
  • Sikkim Manipal University (SMU-DE)
  • ICFAI University Online
  • Coursera (Various University Partnerships)
Executive MBA (EMBA) Programs 1-2 years
  • Accelerated learning
  • High-level networking
  • Designed for experienced professionals
  • Indian School of Business (ISB)
  • XLRI Jamshedpur (PGDM Executive)

Each of these formats is designed to cater to different needs and career stages, ensuring that all students can find a program that fits their lifestyle and career aspirations.

Top Colleges for MBA in Hospital Management

Here is a list of some of the top private and government colleges in India offering MBA in Hospital Management, along with their average fees.

MBA in Hospital Management Fees: Top Private Colleges

Name of College Average Fees (in INR)
Amity University, Noida 3 lakh - 7 lakh
AIMS Institute of Management Studies 4 lakh
Chandigarh University 4.2 lakh - 5.8 lakh
Goa Institute of Management, Goa 1.1 lakh - 18.3 lakh
Galgotias University, Greater Noida 3 lakh
K J Somaiya Institute of Management, Mumbai 16.6 lakh
Lovely Professional University (LPU), Jalandhar 7.6 lakh - 9.6 lakh
Regional College of Management, Bangalore 7.9 lakh
UPES, Dehradun 40,000

MBA in Hospital Management Fees: Top Government Colleges

Name of College Average Fees (in INR)
Banaras Hindu University (BHU), Varanasi 11,900 - 70,000
Indian Institute of Management (IIM), Bangalore 96,000
Indian Institute of Management (IIM), Calcutta 5.5 lakh
Indian Institute of Management (IIM), Indore 3.9 lakh
Indian Institute of Management (IIM), Bodhgaya 32 lakh
Jamia Hamdard, Delhi 3 lakh
University of Hyderabad 2.2 lakh

These colleges are known for their excellent faculty, comprehensive curriculum, and strong industry connections, which provide students with the knowledge and skills needed to excel in the healthcare management field.

To make your MBA education free from any financial worries, do read about Funding your MBA in India

Career Opportunities in MBA in Hospital Management

Here is a detailed overview of the potential job profiles, job descriptions, and average salaries for graduates of an MBA in Hospital Management.

Job Profiles Job Description Average Salary (INR)
Hospital Administrator Overseeing the daily operations of hospitals and healthcare facilities, ensuring compliance and efficiency. 6.7 LPA
Medical Practice Manager Managing administrative and operational aspects of medical practices like physician offices and clinics. 5.6 LPA
Pharmaceutical Product Manager Overseeing the development, marketing, and management of pharmaceutical products within a company. 20.2 LPA
Health Informatics Manager Implementing and optimising health information technology systems within healthcare organisations. 3.7 LPA
Hospital CEO Providing strategic leadership and overseeing all aspects of hospital operations, including clinical care and financial management. 1.4 LPA
Hospital Operations Manager Streamlining hospital operations to enhance efficiency and patient care, coordinating between departments. 8.3 LPA
Hospital Operations Executive Assisting in managing daily hospital operations and improving service delivery. 4-8 LPA

Read More: Career Opportunities after MBA

Top Recruiters for MBA in Hospital Management Graduates

Candidates graduating with an MBA in Hospital Management have various employment opportunities in diverse sectors within the healthcare industry. 

Here are some of the key employment areas, along with examples.

Employment Areas Examples
Corporate Hospitals Apollo Hospitals, Max Healthcare
National & International Health Organisations WHO, World Bank
Consulting Firms KPMG, PwC
Health Insurance Companies HDFC Ergo, ICICI Lombard
Medical Device Companies Siemens, Philips
Pharmaceuticals Novartis, Cipla
Online Pharmacy & Wellness Companies Netmeds, PharmEasy
Consumer Healthcare Product Companies Pfizer, Johnson & Johnson

Here are some more recruiters for an MBA in Hospital Management: 

  1. Cipla
  2. Novartis
  3. Fortis
  4. Pfizer
  5. ICICI Lombard
  6. Apollo
  7. Glenmark
  8. Bajaj Allianz
  9. Manipal
  10. Practo
  11. Star Health
  12. Columbia Asia

MBA in Healthcare Management vs. MBA in Hospital Management

Choosing between an MBA in Healthcare Management and an MBA in Hospital Management can be challenging. Here is a comparative overview to help you decide which program aligns best with your goals.

Criteria MBA in Healthcare Management MBA in Hospital Management
Scope Broad focus on the entire healthcare industry, including hospitals, clinics, insurance, pharmaceuticals, and public health. Specialised focus on managing hospitals and healthcare facilities.
Curriculum Covers a wide range of topics, such as healthcare policy, public health, health informatics, and healthcare finance. Focuses on hospital administration, healthcare operations, and patient care services.
Career Opportunities Diverse roles in various sectors like consulting firms, insurance companies, pharmaceutical companies, and public health organisations. Primarily centred around hospital administration and management roles.
Typical Job Titles Healthcare Consultant, Health Policy Analyst, Public Health Administrator, Health Informatics Manager. Hospital Administrator, Hospital Operations Manager, Hospital CEO.
Skills Developed Strategic planning, healthcare policy analysis, financial management in healthcare, and technology integration. Operational management, hospital administration, patient care management, and healthcare facility management.
Salary Expectations Generally higher due to the broader range of industries and roles available. Competitive, particularly in senior management positions within hospitals.
Program Flexibility Often available in full-time, part-time, and online formats. Primarily offered as full-time programs, with some part-time and executive options.
Top Recruiters Consulting firms (Deloitte, PwC), insurance companies (Max Bupa, ICICI Lombard), pharmaceutical companies (Cipla, Ranbaxy), and NGOs (UNICEF, WHO). Major hospitals (Apollo, Fortis, Max Healthcare), healthcare networks, and government healthcare facilities.

MBA Hospital Management Books 

Here are some recommended books for students pursuing an MBA in Hospital Management.

Name of the Book Author
Hospital Administration Principles and Practice Sakharkar
Human Resource in Healthcare Bruce J Fried, Myron D Fottler
Economics for Healthcare Robert H Lee
Formation Management of a Hospital Nabhi’s Publication
The Law of Healthcare Administration J. Stuart Showalter

Courses to Do After MBA in Hospital Management

After completing an MBA in Hospital Management, professionals often seek additional courses to further specialise their skills and enhance their career prospects. Here are some valuable courses to consider.

  1. Healthcare Quality Management Specialisation
  2. Healthcare Financial Management
  3. Medical Billing and Coding Certificate
  4. Medical Office Administration Certificate
  5. The Business of HealthCare Specialisation
  6. Integrative Nursing Specialisation

Pursuing an MBA in Hospital Management will help you with the specialised knowledge and skills needed to excel in the dynamic healthcare industry. This program not only prepares students for leadership roles in hospital administration but also opens doors to diverse career opportunities in healthcare consulting, health insurance, and pharmaceutical companies. 

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FAQs About MBA in Hospital Management

What is an MBA in Hospital Management?

MBA in Hospital Management is a postgraduate program focusing on healthcare administration and management of hospital facilities.

Mention MBA in Hospital Management eligibility criteria.

Candidates need a Bachelor's degree in any relevant field with at least 50% marks. Entrance exams like CAT, XAT, NMAT, CMAT, etc., are often required.

What are the career prospects after completing an MBA in Hospital Management?

Graduates can pursue careers as hospital administrators, healthcare consultants, healthcare managers, and more in hospitals, consulting firms, pharmaceutical companies, etc.

What is the duration of an MBA in Hospital Management?

The course typically spans 2 years, divided into semesters covering various aspects of healthcare management.

Mention MBA in Hospital Management fees.

The average fees range from INR 2 to 10 lakh depending on the institute and course format (full-time, part-time, online).

Which are the top entrance exams for MBA in Hospital Management?

Common entrance exams include CAT, XAT, NMAT, CMAT, and MAH CET, among others.

What is the average salary after completing an MBA in Hospital Management?

Graduates can expect salaries ranging from INR 4 to 10 lakh per annum, depending on the employer and role.

Which are the top colleges offering an MBA in Hospital Management?

Top colleges include Goa Institute of Management, Lovely Professional University, and K J Somaiya Institute of Management, among others.

Are scholarships available for an MBA in Hospital Management?

Many institutes offer scholarships based on academic merit, financial need, or specific criteria set by the institution.

Can I pursue an MBA in Hospital Management through distance learning?

Yes, some institutes offer online or distance learning formats for MBA in Hospital Management to accommodate working professionals.

What are the key subjects covered in an MBA in Hospital Management?

Subjects include Healthcare Management, Hospital Operations, Financial Management in Healthcare, Health Informatics, etc.

What are the career paths for MBA graduates specialising in Hospital Management?

Graduates can work as Hospital Administrators, Health Services Managers, Healthcare Consultants, and more in various healthcare settings.

How can an MBA in Hospital Management contribute to improving healthcare delivery?

It equips professionals to manage healthcare facilities efficiently, implement quality improvements, and enhance patient care.

Are there global opportunities for MBA graduates in Hospital & Health Systems Management?

Yes, multinational healthcare organisations and consulting firms offer opportunities globally for qualified healthcare management professionals.

What are the future trends in Hospital & Health Systems Management?

Trends include digital transformation in healthcare, emphasis on patient-centric care, and integration of technology in healthcare management.

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