MBA in Hospital Management: Course Details, Admission, Fees, Eligibility, Syllabus, Jobs, Salary 2024

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MBA in Hospital Management: Course Details, Admission, Fees, Eligibility, Syllabus, Jobs, Salary 2024

Course

Mayank Mishra

Updated on 21st August, 2024 , 9 min read

About MBA in Hospital Management

An MBA in Hospital Management is a 2-year postgraduate management degree program that teaches students everything they need to know to run a hospital or other healthcare facility. During the span of the four semesters, students learn about hospital HR, supply chain management, marketing, and finance. Candidates must have completed their graduation in any stream with an average cumulative score of 50% or higher, or have an equivalent CGPA from an accredited university, in order to meet the course's basic eligibility requirements.

MBA Hospital Management admissions are determined by the same criteria as regular MBA admissions, which include the CAT, MAT, XAT, SNAP, and CMAT exams. Among the Top MBA Hospital Management Schools that provide courses are IIHMR, Amity University, KLE University, and LPU.

An MBA Hospital Management tuition fees typically ranges between INR 3,50,000 and 4,40,000. Students are placed in a variety of medical job profiles after completing the course, with salaries averaging between INR 4.50 LPA and 7 LPA.

MBA in Hospital Management Highlights

Following are some course highlights of MBA in Hospital Management -

ParticularsDetails
Duration2 years
EligibilityBachelor’s Degree in any field
Admission ProcessEntrance Exams
Course FeeINR 3,50,000 – 4,40,000
Average Annual SalaryINR 4.50 LPA – 7 LPA
Top Recruiting CompaniesPharmaceuticals, Health Insurance Companies, Public Health Departments, Hospital Consulting Firms, Laboratories and Clinics, Health Agencies Mental Health Organizations, Nursing Homes, and such.
Job PositionsHealthcare Finance Managers, Medical and Health Service Managers, Hospital Administrators, Medical Director, Blood Bank Administrators, Hospital Business Managers, Food and Beverage Managers, etc.

MBA in Hospital Management Admission Process

Applicants must have completed their graduation in any field in order to be considered for an MBA in Hospital Management. The candidate must meet the eligibility requirements, which may differ depending on the institution offering the course. It is necessary for candidates to pass any applicable MBA entrance exam, including the CAT, MAT, and XAT. The majority of Indian institutes that offer the course accept students based on how well they do in the entrance exam, which is an hour-long multiple-choice exam that is followed by a round of group discussions and individual interviews.

After enrollment and appearance in the entrance exams, the candidates are either selected for further consideration based on their qualifications or their admission exam results. Prior to admitting students into the program, the universities hold rounds of group discussions, personal interviews, and counseling.

MBA in Hospital Management Eligibility Requirements

The minimal qualifying requirements that applicants can be accepted into this MBA program are as follows:

  • Graduation from an accredited university in any field with a minimum of 50% overall.
  • Graduation in any field with a minimum cumulative GPA of 40% for SC, ST, and other underprivileged groups 
  • Passing any MBA entrance exam, such as the CMAT, MAT, XAT, or CAT.

Also Check: PGDM Course, Full Form, Eligibility, Colleges, Scope

MBA in Hospital Management Eligibility Requirements

The minimal qualifying requirements that applicants can be accepted into this MBA program are as follows:

  • Graduation from an accredited university in any field with a minimum of 50% overall.
  • Graduation in any field with a minimum cumulative GPA of 40% for SC, ST, and other underprivileged groups 
  • Passing any MBA entrance exam, such as the CMAT, MAT, XAT, or CAT.

Frequently Asked Questions -

Q: Who do MBA in Hospital Management Course?

A: MBA in Hospital Management is a two years postgraduate degree course. Students, who want to learn about the healthcare world and its dynamics should pursue this course 

Q: When To Do MBA in Hospital Management Course?

A: After completing their undergraduate degree from any stream with a minimum of 50% marks in an aggregate students can pursue this course. Students can pursue this course directly after graduation and need not gain any work experience. Although if the students will have work experience, it will benefit them and help with their CV.

Q: How To Get Admission for MBA in Hospital Management?

A: For MBA in Hospital Management admissions, the selection is based on the performance in the entrance examination. Students must ensure that they know about the eligibility criteria required by colleges. The admission process does not change drastically for the students when they decide to pursue an MBA, irrespective of the specialization. 

MBA in Hospital Management Top Colleges

Some of the best universities offering an MBA in hospital management are listed in the table below -

MBA Hospital Management CollegesAverage Course Fees (INR)
Aligarh Muslim University 4,05,000
School of Management7,10,000
MGM Institute of Management & Research2,50,000
People’s Institute of Management & Research1,40,000
Royal Global University (RGU)4,53,000
AJ Institute of Management 2,80,000
CMJ University 1,45,000
Guru Kashi University1,23,000
Pacific University 1,50,000
Institute of Management Studies, Devi Ahilya Vishwavidyalaya (IMS DAVV)2,26,000
JSS Academy of Higher Education & Research3,57,000

MBA in Hospital Management Abroad

MBA Hospital Management Colleges AbroadAverage Course Fees (INR)
University of Alabama22,57,300
University of Minnesota- Twin Cities38,39,700
University of Michigan Ann Arbor53,01,700
University of North Carolina Chapel Hill49,49,200
Rush University26,11,700
Virginia commonwealth University20,80,400
Ohio State University41,68,000
University of Iowa23,50,500
John Hopkins University47,75,700
George Washington University40,76,700

Types of MBA in Hospital Management Courses

MBA in Hospital Management course is divided into three types that students can choose to pursue. Students can do either full-time, part-time, and distance mode. Given below are the types of MBA in Hospital Management courses -

  • Full-Time MBA in Hospital Management

A full-time MBA in Hospital Management is a two years postgraduate degree course. In this mode, students have to attend regular classroom-based learning and will have to do assignments and projects and also have to appear for their exams on campus. The best things about this learning process are that students will get to learn from their peers and also can interact with their faculties about their problems in their studies.

  • Part-Time MBA in Hospital Management

Students who cannot attend regular classes can choose a part-time course. Part-time course classes are either weekend or night classes. Students can pursue this course while working in an organization.

  • Distance MBA in Hospital Management

Students who cannot afford to attend regular classes on campus should opt for a distance mode of learning. Students who are working or engaged in some kind of employment should go for distance education. Many universities and institutes offer distance education for students. MBA in Hospital Management Distance education is a great option for aspirants who wish to pursue their careers while studying. 

Popular Entrance Exams for MBA in Hospital Management

Various bodies conduct entrance exams, and admission to top MBA colleges in India is dependent on the candidate's ranking. There are multiple forms of entrance exams for the MBA. Some help the aspirants get admission at the national level to universities, some at the state level, and selected institutes conduct some for MBA admissions. Aspirants may go for any of the three choices, depending on the level of difficulty and competition they are willing to face.

Following are the MBA in Hospital Management entrance exams conducted at the national and university level:

Admission proceeds through both entrance exams and merits basis. Students preparing for the entrance exams can get to know the complete course structure and syllabus of the entrance exams and prepare accordingly.

Given below are the general guidelines that the students can follow for the entrance exam pattern for MBA in hospital management in India:

  • The exam patterns consist of sections like verbal & reading comprehension, data interpretation & logical reasoning, and quantitative ability.
  • The test includes language comprehension, mathematics, data analysis, critical reasoning, and the Indian and global environment.
  • The time duration of the entrance tests is usually 3 hours or 3 hours 30 minutes.
  • The exam will be offline, on OMR sheet-based paper, or online.
  • The syllabus, mode of examination, and question pattern may change according to the university.

MBA in Hospital Management Syllabus

Hospital administration and management are topics covered in the MBA in Hospital Management curriculum. Because of this, this course covers both management and a few medical science topics.

The following lists the subjects for the MBA in Hospital Management by semester:

First Year
Semester lSemester ll
Marketing ManagementFinancial Management
Principles of ManagementMarketing Strategy and Applications
Business StatisticsBusiness Mathematics and Operation Research
Organizational BehaviorOrganization and Administration of Clinical Services
Business LawManagement of National Health Programs
Financial AccountingMaterials Management
Managerial EconomicsHuman Resource Management
Second Year
Semester lIISemester lV
Management Information SystemsInternational Business
Business Policy and Strategic ManagementApplied Epidemiology
Pharmaceutical ManagementHospital Planning
Quality ManagementManagement controls Systems
Legislation for Health and HospitalForeign Language
Health Education and CommunicationEnvironment Management and Business
Foreign LanguageFinal Projects

MBA Hospital Management Jobs

Successful postgraduates of the course acquire the business management of healthcare administration as well as the conceptual and quantitative skills needed in high-performing modern healthcare facilities and hospitals. With an MBA in Hospital Management, a candidate will gain knowledge of management principles, effective business practices, and the specifics of inputs used in the management of healthcare facilities and units worldwide. As a result, the candidate will be prepared to become a management professional and supervise the prompt and effective provision of patient care.

The following table lists some of the well-liked career paths available to course participants who succeed, along with an estimate of the pay ranges for each position:

Job PositionAverage Annual Salary (INR)
Healthcare Finance Managers9.56 L
Medical and Health Service Management12.87 L
Hospital Administrators5.14 L
Medical Director12 L
Blood Bank Administrator10.69 L
HR Recruiter5.33 L

Frequently Asked Questions -

Q: Why Choose MBA in Hospital Management Course?

A: MBA in Hospital Management is all about planning, budgeting, and searching for ways to enhance patients' records and healthcare. Let's get to know "why to choose MBA in Hospital Management?" with the aid of three simpler questions.

Q: What is MBA in Hospital Management All About?

A: MBA In Hospital Management is a two-year-long course, focusing on the management of hospital and leisure services. It introduces students to different principles of effective planning and administration, budgeting skills, handling healthcare issues, patient care and more. The MBA in Hospital Management course trains and develops students into management practitioners who can plan and manage diverse healthcare organizations' roles.

Q: What Does a Hospital Manager Do?

A: The MBA in Hospital Management course trains and develops students into management practitioners who can plan and manage diverse healthcare organizations' roles. It is intended to provide students with the advanced business management skills needed to structure and control complex delivery networks for healthcare. Students can adopt an MBA in Hospital Management course from both medical and non-medical backgrounds.

Reasons Why MBA in Hospital Management can fetch you a Rewarding Career

  • Skills Development: The MBA in Health Care Management is a course that can help students develop skills that are necessary for managing the business of healthcare and related activities. A student should expect to improve strong communication skills and overall personality growth with this degree's aid.
  • Learning Experience: This degree enables the healthcare sector to provide a broader interpretation and learning experience. Students look at the larger healthcare issue and how industry, finance, and economics apply to it.
  • Decision-Making: MBA helps encourage the applicant to develop skills that can support health care industry activities. Students are often made aware of legal, economic, and policy problems and decision-making, which is a critical component of this challenging field. 
  • Broad Skill-Sets: An ideal hospital management career will bring all the skills you learn to apply in your graduate program. A skill set may include management skills and several soft skills expected by skilled health managers. Professionals will be in charge of a team of healthcare professionals. Still, they can also work very closely with the doctors, aside from acting at meetings to play the organization's members' role.

MBA in Hospital Management Course vs MBA Hospitality Management Course

MBA in Hospital Management stands for Bachelor of Arts and is typically catered to students interested in and inclined towards humanities and social sciences. Below is a comparison of the MBA in Hospital Management course with other courses:

MBA in Hospital Management vs MBA Hospitality Management

The table below showcases the differences between MBA in Hospital Management and Hospitality Management:

CourseMBA in Hospital ManagementMBA Hospitality Management
Full-FormMaster of Business Administration in Hospital ManagementMaster of Business Administration in Hospitality Management
StreamManagementManagement
Course Duration2 years2 years
EligibilityBachelor's degree from any stream Bachelor's degree from any stream 
Entrance ExamsCAT, XAT, CMAT, CAT, XAT, CMAT, 
Top CollegesAMU, CMJ University, Pacific University, JSS Academy of Higher Education and ResearchSt Xavier's College, Jaipur, Guru Nanak Institute of Management Studies, Mumbai, Indian Institute of Business Management, Kolkata
FeesINR 1.5- 7 LPAINR 1.5- 7 LPA

Preparation Tips for MBA in Hospital Management Course

MBA in Hospital Management courses can enrich students interested in management activities and have an eye for perfection and handling healthcare-related concerns. 

  • Syllabus: Get hold of the examination syllabus you are preparing for, make a list of topics-wise strengths and weaknesses, and work on them rigorously. 
  • Exam Pattern: Understand the exam pattern and test structure of the examination you prepare to make a time-bound exam preparation strategy.
  • Time Table: Make a month-wise preparation plan. The aspirants can go through the syllabus for the examination they are preparing for and make a timetable or routine after going through the syllabus. 

Scope Of MBA in Hospital Management For Higher Education 

Some new and emerging MBA courses are steadily gaining popularity with an upsurge in need for managers who can handle the various rising sectors worldwide. The industry has realized the value of skilled managers, and in terms of jobs, the industry is becoming one of the most famous.

MBA in Hospital Management postgraduates can apply for PhD programs related to the health care and management disciplines. Aspirants can also pursue different types of certification courses which can help them learn more about the subject in depth.

Listed below are some courses students can pursue:

  1. PhD
  2. CFA

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Frequently Asked Questions

What is a Hospital Management MBA?

Ans. A two-year post-graduate management degree programme called the MBA in Healthcare Management equips students to oversee a range of activities in hospitals, pharmacies, and other healthcare establishments.

Which MBA is best for hospital?

Ans. The most sought-after education for leadership and business skills in hospitals, rehabilitation centres, long-term care homes, insurance firms, and pharmaceutical businesses is an MBA with a specialisation in healthcare management. For health workers, the two most well-liked MBA programmes are the following: MBA in Healthcare Management.

Which exam is best for MBA in hospital management?

Ans. Following the completion of every round, a final list of qualified applicants will be chosen. Acquire a seat at the college by paying the admission fee. The CAT, XAT, CMAT, and SNAP, MAT are the top entry tests for MBA programmes in healthcare administration.

Is MBA in hospital administration a good career?

Ans. Graduates with an MBA in healthcare administration, one of the most lucrative and fulfilling professions, will have access to a wide range of professional opportunities, including positions with MNCs and the government.

Can I get job after MBA in Hospital Management?

Ans. With an MBA in Hospital Administration, you can work at some of the best hospitals and healthcare centres. Hospital Manager is one of the well-liked career paths available to course graduates who succeed. Administrator of a Hospital.

What is the scope of MBA in Hospital Management?

Some of the top job profiles include Operations Manager, Hospital Administrator, Health Communication Specialist, and Healthcare Risk Manager.

Which MBA course is best for hospitals?

MBA specialization in healthcare management is the most sought-after course for leadership and business skills in hospitals, rehabilitation, long-term care facilities, insurance, and pharmaceutical companies.

Is it worth doing MBA in Hospital Management?

An MBA in Healthcare Management can provide individuals with the knowledge, skills, and connections necessary to pursue leadership roles in the healthcare industry, as well as increase their earning potential and prepare them to navigate the challenges and opportunities of a rapidly changing industry.

Who is eligible for hospital MBA?

Graduation in any stream with at least 50% marks in aggregate from a recognized university.

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