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Doing MBA in Health Management? Here are the career opportunities for you

The healthcare sector has flourished over the past decade and has created a huge demand among the young individuals of the country. Here are the career opportunities for MBA aspirants in Health Management.

Edited by: India TV Education Desk New Delhi Published : Jul 21, 2021 19:36 IST, Updated : Jul 21, 2021 19:36 IST
Here are the career opportunities for MBA aspirants in
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Here are the career opportunities for MBA aspirants in Health Management

In recent times, there has been an emerging trend among students to opt for an MBA in the Health Management sector. MBA Healthcare Management provides vast career opportunities which include job roles in sectors like Health Insurance, Healthcare IT, Hospital administration. The healthcare sector has flourished over the past decade and has created a huge demand among the young individuals of the country.
 
If you pursue a career in healthcare management, you can find jobs like some of the one’s mentioned below and many more:
  • Human resource
  • Patient care service
  • Hospital CEO
  • Hospital CFO
  • Claims manager
  • Hospital operations manager
  • Pharmaceutical production management
  • Medical practice manager. 
MBA in Health Management is a full-time 2-year management program. The average starting salary of a graduate in MBA Healthcare Care Management is approximately 5 lakh per annum and may even go up to 20 lakh per annum as one grows in his/her career. 
 
Why should one do an MBA in Health Management?
 
  1. The degree is very diverse and an emerging sector all over the world. Over the years there will be an increase in demand for individuals who have accomplished a degree in the MBA in Health Management.
  2. The starting salary of an individual is quite good (approximately 5 lakh as mentioned above).
  3. The job is just not restricted to India. There is a huge demand for such individuals in developed countries like the United States of America, the United Kingdom, and many more.
  4. You will get an opportunity to work with the top Pharmaceutical companies and top hospitals of the world.
College-  Average annual salary
 
KJ Somaiya Institute of Management- Rs 10 to 13 LPA
 
Chitkara University- Rs 7 to 9 LPA
 
Acharya Bangalore B-School- Rs 12 to 18 LPA
 
Lovely Professional University- Rs 8 to 20 LPA
 
Manav Rachna International Institute of Research and Studies- Rs 7.5 to 14 LPA
 
AIMS Institute- Rs 11 to 20 LPA
 
The Prestige Institute of Management and Research- Rs 6 to 8 LPA
 
M.P. Birla Institute of Management- Rs 6 to 8 LPA
 
Amity Global Business School- Rs 10 to 17 LPA
 
Universal Business School (UBS)- Rs 10.95 to 20.5 LPA. 
 
How to do an MBA in Health Management?
 
  • The aspirant must have completed his/her bachelor’s degree from any recognized university/institute.
  • The candidate must score well in any of the MBA entrance exams like the CAT, CMAT, GMAT, or XAT.
  • If shortlisted based on the percentile of any of these entrance exams then the candidate must go through the group discussion and personal interview rounds of their desired colleges. 
Leading recruiters for MBA in Health Management post-graduate candidates are:
  1. Fortis
  2. Max
  3. WHO
  4. Government of India
  5. IMS Health
  6. AMGEN
  7. Omega Healthcare Management
  8. Health Trail Portal
  9. Star health
  10. Pfizer
  11. Siemens
  12. Cipla
  13. Glenmark. 
 
- Written by Sumit Singh Gandhi, CEO, CATKing Educare
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