MBA Colleges

Top Colleges for MBA in Health Care Management

MBA in Health Care Management

This article will help you explore MBA colleges that provide a program in Health Care Management. This is one of less talked about MBA specialization. Only doctors or students with pharmaceutical graduation can opt for MBA in Health Care Management is a myth.

 

MBA colleges for Health Care Management

Institute Fees in

Rs. lakh

Avg Salary in

Rs. lakh/annum

KJ Somaiya, Mumbai 15+ 10
GIM, Goa 15+ 10
Welingkar, Mumbai 11+ 7.83
IIHMR, Jaipur 9.6+ 5.37
Chitkara, Chandigarh 5.6+ 6.5

mba health care management

Pharmaceutical Management is a completely different course so don’t get confused whereas the placement opportunities might coincide with Health Care Management to some extent.

 

The domains under Health Care Management are as follows:

  • Hospitals
  • Pharmaceuticals
  • Medical Devices
  • Healthcare Financing
  • Public Health
  • Healthcare Information Technology
  • Medical Tourism

 

In addition to the regular syllabus, MBA in Health Care Management will include the following add-ons:

  • Retail Management in Healthcare
  • Health Insurance & Financing
  • Business Development in HealthCare
  • Performance Mgt Systems & Compensation
  • Sustainable Healthcare (WHO)
  • Leadership Lab
  • Environmental Health and Safety Management
  • Data Analytics for Healthcare
  • Emerging Technologies in Healthcare
  • Demographic Analysis & Policy for Healthcare
  • NGO Management
  • Human Resource Management in Healthcare
  • Bio-statistics and Operations Research
  • Healthcare Systems and Structure
  • Medical Technology Healthcare Services Marketing

KJ Somaiya Institute of Management, Mumbai

Program offered: MBA in Health Care Management

Intake: 30 seats

Fees: Rs. 15+ lakh (accommodation and mess charges not included)

Entrance exams accepted: CAT, XAT, GMAT, CMAT

Admission process: The candidates are shortlisted on the basis of entrance exams followed by group discussion and personal interview.

 

Placement Statistics

  • Highest Salary: Rs. 28.5 lakh per annum
  • Average Salary: Rs. 10 lakh per annum

Review: The placement information of the Health Care Management batch is not mentioned separately on the website so it becomes difficult to understand the real-time scenario. The batch size is very less so placement process is not challenging but difficult to judge whether it justifies the investment of more than Rs. 15 lakh


Goa Institute of Management, Goa 

Program offered: PGDM in Health Care Management

Intake: 60 seats

Fees: Rs. 14.35+ lakh + Rs. 2.20+ for the hostel (special scholarship for MBBS students is available)

Entrance exams accepted: CAT, XAT, GMAT, CMAT

Admission process: The candidates are shortlisted on the basis of entrance exams followed by personal interview.

 

Placement Statistics:

  • Highest Salary: Rs. 25 lakh per annum
  • Average Salary: Rs. 10 lakh per annum

The companies that visit GIM for recruitment include Vidal Health, Optel, Medtronic, HCL Healthcare, ConvaTec, ThoughtWorks, Terumo, Stryker, Alkem, Innovaccer, Medline, CitiusTech, Johanson & Johnson, PharmaACE, Intas, etc.

Review: The details about the program, batch profile, curriculum, placements & recruiters are properly mentioned on the website. One can definitely have GIM as an option in the list but remember the investment exceeding Rs. 16 lakh.


Prin. L.N.Welingkar Institute of Management Development and Research, WE School, Mumbai

Program offered: PGDM in Health Care

Intake: 60 seats

Fees: Rs. 11 lakh (accommodation and mess charges not included)

Entrance exams accepted: CAT, XAT, ATMA, CMAT, GMAT

Admission process: The candidates are shortlisted on the basis of entrance exams followed by group activity and personal interview.

 

Placement Statistics:

  • Highest Salary: Rs. 9.5 lakh per annum
  • Average Salary: Rs. 7.83 lakh per annum

The companies that visit Welingkar for recruitment include AAA Healthcare, Accurex, Accenture, Deloitte, ABEC, Infosys, Cigna, ICICI Bank, Bajaj Finserv, ICICI Securities, etc.

Review: The overall proposition sounds decent compared to salary statistics and companies visiting the campus. However, elaborated information is expected on the website to understand job roles offered.


Indian Institute for Health Management Research, IIHMR University, Jaipur

Program offered: MBA in Hospital & Health Management

Intake: 210 seats

Fees: Rs. 9.6 lakh (accommodation and mess charges not included)

Entrance exams accepted: CAT, XAT, NMAT, MAT, CMAT, ATMA, GMAT, IIHMR-U MAT

Admission process: The candidates are shortlisted on the basis of entrance exams followed by group discussion and personal interview.

 

Placement Statistics:

  • Highest Salary: Rs.  17 lakh per annum
  • Average Salary: Rs. 5.37 lakh per annum

Review: This is a decent option if you are satisfied with the average salary that mostly reflects executive job roles offered.


Chitkara Business School, Chandigarh

Program offered: MBA in Healthcare Management in collaboration with Fortis

Intake: 120 seats

Fees: Rs. 5.66 lakh (accommodation and mess charges not included)

Entrance exams accepted: CAT, XAT, NMAT, CMAT, MAT, Chitkara University Test.

Admission process: The candidates are shortlisted on the basis of entrance exams followed by group discussion and personal interview.

 

Placement Statistics:

  • Highest Salary: Rs. 30 lakh per annum
  • Average Salary: Rs.  6.5 lakh per annum

Review: This MBA program is in collaboration with Fortis. It gets an edge but at the same time, details about placement scenario are still blurred as the average salary mentioned in the report is the average of the complete batch.


*There are many other institutes in India that offer MBA in Health Care Management but we have mentioned very few options based on the pool of opportunities available. If you know any other institute that deserves a place in the list then please comment below the article.

 

There is a difference in approach when you compare pursuing MBA in Health Care Management and general placement opportunities in companies in this segment like CIPLA, Ranbaxy, GSK, etc. You can definitely get placed in such big companies with roles offered in Marketing, Finance, Operations, IT systems, etc.


*It is recommended to have a word with current students and Alumni to get a realtime scenario of placement opportunities and career path in all the above-mentioned institutes.


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