Given the global impact of the Covid-19 pandemic and the government’s focused efforts towards enhancing and expanding the healthcare infrastructure, both medico and non-medico professionals in the healthcare sector are now being regarded as front-line warriors, and have a range of career opportunities that have arisen for non-medico professionals.
Healthcare Management includes comprehensive planning, direction & supervision of operations across various Healthcare institutions. The MBA degree will help accelerate the career progression path of a medico expert to senior leadership roles while presenting managerial opportunities to the non-medico professionals in the healthcare industry. A background in the medical field is an advantage but not a necessity.
Both medico and non-medico aspirants can find their fitment in the healthcare industry owing to the MBA Degree which helps balance skills and knowledge imparted through a strongly research-oriented curriculum.
Why take up MBA in Healthcare Management
One Of The Largest & Most Flourishing Industries Globally – The global healthcare market was valued at $8,452 billion in 2018 and is expected to grow at 8.9% every year to nearly $11,908.9 billion by 2022. Millions of healthcare experts will be needed to meet this growing industry demand.
High Demand Post-Pandemic – The need for healthcare, doctors, nurses hospitals, medicines, and all related professions will continue to prevail, especially in the new post-pandemic world order. Hence the everlasting demand for management leaders in the healthcare sector will also continue.
Global Mobility, Migration & PR – The acute shortage of healthcare innovators in the developed countries with aging populations, has resulted in immigration-friendly policies, competitive career opportunities, and Permanent Residency pathways.
Job Satisfaction & Noble Profession – Positively impacting the lives of people and giving back to society while earning the respect of the masses and getting paid handsomely, leaves one with a true sense of accomplishment.
The Competitive Advantage – Despite the hard economic downturn in the last decade, one thing still holds – those who pursue higher education have an easier time obtaining employment than those who don’t. GMAC, the Graduate Management Admissions Council, says that 88% of 2010 MBA class members report they have a job after graduation and three-quarters of them consider their graduate business degree essential to finding that job. It’s no surprise that more than 95% of students reported that the MBA degree is an “outstanding value addition” and an investment that more than pays for itself.
Impressive Income Potential – The salary potential for a person with an MBA in Healthcare Management is relatively large. According to the USA Bureau of Labor Statistics, the average medical and health services manager’s salary is $88,580, and it can reach more than $150,560. Employees with a master’s degree can expect to earn as much as 25 percent more than employees with a bachelor’s degree.
Module List
- Brand Strategy and Management
- Intercultural Management
- Human Resources Management
- International Marketing
- Team & Project Management, Management Philosophy & Ethics
- Entrepreneurship, Business Plan, Project Costs & Budget Management
- Crisis Communication
- Risk Management and International Trade Operations
- International Logistics, Operations & Customs
- Financial Markets and Trade Operations
- Digital Marketing
- Strategic Marketing
- Leading Change in Health and Social Care
- Health and Social Care Leadership
- Customer Service Excellence
- Health and Social Care Strategies and Policies
- Managing Finance in the Health and Social Care Sector
- Capstone Supervision
