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Fundamentals of Healthcare and Hospital Management of Online MBA
Dec 09, 2024
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Fundamentals of Healthcare and Hospital Management of Online MBA

Healthcare industries are run by managers who have acquired higher education in healthcare after completing their bachelor's degree in business administration. The Online MBA program in Healthcare and Hospital Management specializations builds healthcare managers and healthcare specialists in healthcare sectors, IT, and other industries that are concerned with health. 

The healthcare industry is a growing industry where the demand for skilled healthcare managers, and many aspiring professionals is increasing day by day, globally. The Online MBA in Healthcare and Hospital Management program offers the right skills and tactics to succeed in this domain. 

This blog aims you provide you with authentic and comprehensive information on Online MBA in Healthcare and Hospital Management programs. Read the full blog to learn more about the fundamentals of healthcare and hospital management of an online MBA. 

Course Overview: Online MBA in Healthcare and Hospital Management

Attributes

Key Features

Program

Master of Business Administration (Online MBA)

Program Specialization

Healthcare and Hospital Management

Program Level

Master’s

Duration

2 years (4 Semesters)

Eligibility Criteria

Graduate/ UG degree in any or similar discipline with a minimum of 50% marks from a recognized university

Learning Mode

Online

Average Tuition Fee

INR 80,000* to INR 3,50,000*

Career Prospects

  • Healthcare Analyst
  • Healthcare Consultant
  • Health Services Manager
  • Clinic Manager
  • Nursing Home Administrator
  • Health Informatics Manager
  • Healthcare Quality Improvement Manager
  • Pharmaceutical Project Manager
  • Health Policy Analyst
  • Healthcare Project Manager
  • Healthcare Administrator
  • Hospital Administrator
  • Medical Practice Manager
  • Healthcare Project Manager
  • Nursing Home Administrator
  • Healthcare Compliance Officer
  • Clinical Coordinator

Top Recruiting Companies

  • Apollo Hospital
  • Fortis Healthcare
  • Pharmaceuticals
  • Max Healthcare
  • Fortis Healthcare
  • Novartis
  • IQVIA
  • Kaaya Health
  • MediLocker
  • Thermo Fisher Scientific
  • Tata Consultancy Services

Average Salary

INR 4,00,000* to INR 10,00,000*

Eligibility Criteria for Online MBA in Healthcare and Hospital Management

Candidates interested in honing healthcare and hospitality management skills must opt for the Online MBA program in healthcare and Hospital Management specialization. This master’s program requires individuals to hold several eligibility criteria to enroll in health and hospital management programs, which are listed below: 

  • Bachelor’s program in health care and hospital management or Graduate candidates in any discipline or specialization. 
  • Holds a decent amount of 50% minimum marks from a recognized university
  • There’s no age restriction for candidates applying for the Master’s program to acquire healthcare and hospitality management skills.
  • A Full-time working Professional candidate with 3 to 5 years of work experience
  • Students should qualify for university-specific or national entrance exams, such as the NMAT, GMAT, XAT, MICAT, CAT, SNAP, etc. 
  • International candidates applying for the Online MBA in India must pass the SAT, IELTS, or TOEFL tests, etc.

Core Fundamentals of Healthcare and Hospital Management 

The online Master of Business Administration (MBA) program offers a Healthcare and Hospital Management specialization Program. The core fundamentals of Healthcare and Hospital Management are given below: 

  1. Patient-Centric Approach: The candidates are trained to deliver a smooth and satisfactory patient experience in healthcare. This program focuses on improving treatment outcomes with strategies like personalized healthcare service, taking patient feedback, and robust communication to reduce the wait time of patients. 
  2. Operational Efficiency: The Online master's program in healthcare and hospital management specialization teaches the candidates the whole fundamental of healthcare institution. It equips the candidates with tactics to enhance the hospital service, optimize hospital workflows, reduce costs, and implement effective resource management.
  3. Technological Integration: Technologies keep evolving over the years and introduce new technologies or tools used in the health sectors. The master's program introduces and prepares the candidates to adopt to latest technologies like Telemedicine platforms, Electronic Health Records (EHR), and AI-driven diagnostics to boost the experience and quick treatment at any healthcare. 
  4. Regulatory Adherence: Hospital administrators constantly change and ensuring adherence to legal and ethical standards becomes crucial. To stay informed and operate in the favor of healthcare, safeguarding both the institution and the patients is essential. Being informed and ahead with the Compliance with government policies, ethical standards, and insurance protocols is a major concern of hospital management.
  5. Financial Sustainability: A healthcare institute operates on a tight budget and its revenue must be balanced. The Online MBA program in Healthcare and Hospital Management teaches its students to effectively manage financial management in the hospital sector. It teaches them to budget and finances for operations at the hospital. It ensures that the candidates learn to manage the billing system and ensure claim for all the allotted resources wisely while maintaining affordability for patients.
  6. Strategic Planning: The candidates of the master's program in business administration are taught to strategize for the long-term growth of the organization. The advanced degree in healthcare and hospital management introduces and prepares the candidates for the new and trending healthcare tips and adapts to the current market industry. Strategize learning leads to Strategic Leadership. The strategic planning and analytical thinking candidates drive innovation and manage diverse teams by using the skills of strategic thinking and organizational behavior learned in the Online MBA program.
  7. Facility Operations: The candidates are taught to effectively facilitate healthcare equipment, and tools and adapt to the infrastructure. The MBA candidates from healthcare and Hospital Management are taught hands-on experiments through their practical and theoretical master's degree programs to face the real-life challenges at any health sectors. The skills and knowledge of handling the operations tools ensure the cleanliness, safety, and functionality of the hospital premises. 
  8. Healthcare Systems and Policies: Understanding Healthcare systems and policies covered in the online MBA program prepares the candidates to understand the policies that work under healthcare institutions around the globe. The health care and hospital management program curriculum covers health insurance frameworks, ethical considerations, and government policies.

Online Specializations of MBA High in Demand

Online Dual Specializations of MBA Program High in Demand

Online MBA in FinTech

Online MBA in Advertising and Branding

Online MBA in Data Science and Analytics

Online MBA in Logistics and Supply Chain Management

Online MBA in Finance and HR

Online MBA in Finance and Leadership

Online MBA in Data Science and Analytics

Online MBA in Business Intelligence and Analysis

Online MBA in Digital Marketing E-commerce

Online MBA in System and Operations

Online MBA in Business Intelligence

Online MBA in Oil and Gas Management

Online MBA in IT 

Online MBA in AI and ML

Online MBA in Production and Operations

Online MBA in Sales and Marketing

Online MBA in Hospital Administration and Healthcare

Online MBA in Advertising and Branding

Admission Procedure Online MBA in Healthcare and Hospital Management Program

  • Application Form: Search for the official website of the university, click on the program menu, and choose the Online MBA program.
  • Submit the Application Fee: Press on the application form and fill out each box with relevant pieces of information, submit the form, and pay the fee. 
  • Entrance Exam: The foremost step is to appear and qualify for the entrance exam as a part of the admission process of the specific university. 
  • Personal Interview: The selected individuals are required to be present for the interview round and must qualify for counseling. 
  • Final Selection: The last stage of the admission process involves document verification to re-evaluate the suitability of the master in business administration program of the candidates.  
  • Admission Offer: Accept the admission offer sent by mail, secure the online MBA seat, and pay the fee. 

Detailed Curriculum of the Online MBA in Healthcare and Hospital Management

Semester 1

Semester 2

Principles & Practices of Management

Strategic Management & Business Policy

Organizational Behaviour

Marketing Management

Management Accounting

Financial Management

Managerial Economics

Operations Management

Business Communication

Management Information System

Research Methodology

Human Resource Management

Environment Awareness and Disaster Management

Entrepreneurship Development

Semester 3

Semester 4

Marketing of Health Care Services

Operations Management in Hospitals

Indoor and Outdoor Hospital Services

Hospital Administration & Biomedical Waste Management

Ancillary Hospital Services

Generic Elective-II (Soft Skill/ Business Ethics and Corporate Governance)

Legal Aspects of Hospital and Health Management

Project Work Report

Community Health & Hospital Safety & Risk Management

Quality Management in Health Care Services

Generic Elective-I (Digital Marketing/ Business English)

Best UGC-approved University for Online MBA in Healthcare and Hospital Management Program 

Several recognized UGC-entitled offer Healthcare and Hospital Management specializations for Online MBA programs. Some of the best UGC-approved universities or Colleges providing master's degrees in healthcare and hospital management are listed below:

  • Parul Univeristy Online
  • Dr. D Y Patil Vidyapeeth
  • Vivekananda Global University 
  • Jain University Online
  • Manav Rachna University Online
  • MGR University Online
  • Global Shiksha Insittue
  • Sharda University Online
  • Lovely Professional University Online
  • Shoolini University 
  • Symbiosis School of Online and Distance Learning
  • NMIMS
  • Amity University Online
  • IGNOU
  • Viganan Online 

Conclusion

Online Master of Business Administration program in Healthcare and Hospital Management Program is a growing specialization and the most sought-after specialization in the current market. Every growing sector that offers lucrative job offers covers Healthcare and Hospital Management. It offers a blend of healthcare knowledge and leadership skills with advanced skills and tactics of the trending market. Online MBA programs offering flexibility, practical insights, and global exposure, prepare future leaders in the healthcare sector.

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