MBA In Healthcare Management – Eligibility Criteria & Career Opportunities

 If you are a strategic thinker and natural leader, pursuing a master's in healthcare management degree could be an excellent fit for you. The course explores areas such as law, business ethics, leadership, marketing, planning, budgeting, and accounting -- all through the lens of healthcare. Bachelor's degree students with an MBA in Healthcare Management can work as CEOs, financial planners and department directors for nursing homes, hospitals and acute care facilities.

According to the research, the growth programmes offering health management will continue to grow by 50 per cent by 2030, and then it will increase from 3463 (2017) to 5195 by 2030 (in the moderate scenario).

The course opens multiple doors to promising career options in four areas: suppliers of equipment and pharmaceuticals, providers of medical services, insurance companies and management of healthcare facilities. Every area includes thousands of job positions that range from formulating policies to hospital administration for governmental and health departments.

The Healthcare field is not just about doctors and nurses. It consists of medical devices, outsourcing, telemedicine, health insurance, medical equipment, clinical trials, etc. This transition in the healthcare sector has made healthcare management a rewarding career option.

MBA in Healthcare Management is a 2-year professional healthcare industry degree programme divided into four semesters. The programme's three main areas are the development of leadership qualities, understanding of organisational behaviour, collaboration and communications networks.

Eligibility Criteria - MBA In Healthcare Management

Students who have completed their bachelor's degree should know that every university has little difference in their admission process. And to get a broad idea about the eligibility criteria, you need to take the example of one of the best universities. So, let's see the eligibility criteria for Kalinga Institute of Industrial Technology (KIIT) in Bhubaneswar, Odisha. Have a look!

• To take admission to KIIT University Bhubaneswar Odisha , first, students must complete a bachelor's degree from any recognised university.

• Students need approx 60% of their previous degree.

• If they clear the entrance exam in CAT, XAT, MAT, CMAT, etc., scores are considered.

Career Opportunities - MBA In Healthcare Management

Healthcare management is all about managing healthcare facilities. Therefore, there are ample numbers of career opportunities after completing this degree. Listed below are some of the most in-demand career options for students interested in helping people:

Hospital Administrators - The hospital administrator is responsible for checking and organising a hospital's health services and everyday activities. They also handle the staff and budgets, build a connection with departments, and ensure adequate patient care, amongst other duties.

Medical Practice Manager – The responsibility of the medical practice manager is to manage the operations of different sections of medical clinics and offices, including staffing, front office, billing, storing medical records, patient complaints, etc.

Healthcare Associate – The healthcare associates have to ensure that customers have an excellent experience by responding to issues as they arise. They also make the records and products up-to-date.

Health Services Managers and Administrators – The responsibility of health services managers is to manage, plan, and coordinate health services for groups of physicians, medical practices, universities, private companies, government agencies and insurance companies.

Hospital Operations Executive - A hospital operation executive handles and checks the medical and non-medical staff. They are also the ones who implement policies and ensure the whole thing is per their implemented policies.

Pharmaceutical Project Manager - The pharmaceutical project manager's responsibility is to supervise the launching of advertising campaigns, developing new drugs and assembling team members to learn the advantages and side effects of the medicine.

An MBA in Healthcare Management degree is important for those who want to make a difference in society. It offers a flourishing career and also excellent job opportunities.

In short, pursuing this degree adds essential value to your resume and helps you position yourself for leadership or management roles with high earning potential.