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The pandemic has made us realize ‘health is wealth’ in the most real sense of the term. Remaining healthy in these times is critical. However, managing a healthcare setup in these challenging times is harder while larger hospitals are serving those infected with COVID, the mid- and small-sized hospitals are reportedly struggling for existence.
Possessing the acumen and critical thinking of an administrator is key to successfully running a healthcare facility, and these have become more important at a time when the sector is pushed to the extreme. There can be no better way to prepare for this critical yet challenging role than a degree that makes the fundamentals as clear as crystal.
What do hospital/health managers do?
- The covid19 crisis has made hospital/health managers a necessity to handle the business side of health service delivery they are in charge of scheduling, budgeting, and looking for ways to improve patient care. Those who opt for a degree in health management / hospital management find a job in a hospital or to manage health program / project
- Smaller clinics allow healthcare managers to oversee several disciplines, from marketing and budgeting to human resources and record management. Larger hospitals, on the other hand, offer more diverse opportunities. With experience, one can move into executive roles of COO, or CEO in hospital and State/National level program manager in public health space.
- One can also work with national and international consulting firms, and work on strategic management, project management, program managementor quality management. One can also look for opportunities to work with governmental/non-govermental organizations for managing and implementing public health progrms
Pursuing growth with an mba in health management/hospital management
What is the degree program?
- Any student with a recognized bachelor’s degree of minimum three-year duration with at least 50% marks in aggregate can apply for such courses. Having a CAT/ XAT/ NMAT/ MAT/ CMAT/ ATMA/ GMAT score can add to their chances.
- Working professionals, too, can join such courses to further their careers. Some subjects are common to health management/hospital management courses in universities across the world.
- These include principal of management, health care delivery system, demography, epidemiology, bio-statistics, quality management, human resource management, health economics, financial management, strategic management, disaster management, etc.
- Apart from thorough training, in theory, practical experience and scenario-based simulations enhance decision-making and problem solving competence of the students to enable them to face the health industry’s challenges and prepare them to lead a team of healthcare workers
Some of the premium institutions offering the course are:
KJ Somaiya Institute of Management, Mumbai
Acharya Bangalore B-School, Bangalore
Manav Rachna International Institute of Research and Studies, Faridabad
Chitkara University, Patiala
Lovely Professional University, Jalandhar
Chandigarh University, M.P
Birla Institute of Management, Bangalore
Amity Global Business School, Noida
Universal Business School (UBS), Karjat
Symbiosis Institute of Health Science, Pune
Manipal School of Management, Manipal
Faculty of Management Studies, Delhi
Hospital Manager, Health Manager, Program Manager, Pharmaceutical Production Manager, and Quality Manager are some of the job roles an MBA in Health Management/Hospital Management should look forward to that offer a salary between the range of INR 5-12 lakhs per year.
An ideal career in health management/hospital management will put all the skills you learn in your graduate program to good use. A professional health administrator will need a skill-set which may include managerial skills and lot of soft skills. Not only will you be in charge of a team of healthcare professionals, but you will also be working very closely with the physicians apart from acting from donning the role of the organization’s representatives at meetings. It is expected that they stay abreast of the latest changes, superior communication skills, managing facilities, and diligent planning and problem-solving skills.
– . P. R. Sodani, Pro-President & Dean, IIHMR University
Pursuing growth with an mba in health management/hospital management
Today’s graduates will also be the frontrunner of technology access, and it is undoubtedly impacting various aspects of life, including data collection, research using new-age tools, and innovative practices. The field of healthcare is evolving, and you no longer have to be on the frontlines to carve out a successful career in the industry.
The best part about launching a healthcare management career is that you do not have to remain in the same position forever. Health/hospital management professionals can expand towards lucrative roles with more responsibilities from overseeing the hospital’s health information system to working as a top cadre professional in the organization. Some senior-level positions may require a master’s degree, but at the end of the day, you make the degree that determines your prospects.
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