MBA IN HOSPITAL ADMINISTRATION AFTER BDS, MDS, MBBS – Correct Choice or Not
MBA after BDS/MBBS ? Good or Bad Choice ?
What are the Career Aspects ?
1.What is hospital and healthcare management?
ANSWER : MBA is a management course but an MBA in Hospital Management or Administration is a specialised course to manage hospitals and other industries that cater to healthcare. A general MBA targets subjects that deal with general management of the organisation but a specialised course like an MBA in healthcare management teaches its students courses that can be utilised in the healthcare industry. For instance if you study law in an MBA course you will be taught various aspects of the subject but at an MBA in Healthcare Management you will learn about the laws that can be utilised in healthcare industry.
2.What are the career prospects after pursuing a course in healthcare and hospital management ?
ANSWER : The career prospects in this sector our very bright as it is an emerging field in India. People want better hospitals and as our country progresses so will the need for better healthcare institutions. Besides hospitals people can also find jobs in healthcare and medical tourism, resorts, healthcare BPOs, biotechnology firms, biochemistry firms and insurance sector. Companies like Accenture, Infosys, ICICI, HDFC etc are recruiting people who have a specialisation in healthcare management.
3.What is the present healthcare industry scenario ?
ANSWER : Healthcare is one of the fastest growing industry. According to a recent published report by the Mckinsey Global Institute, ‘The Bird of Gold’: the rise of India’s Consumer Markets, spending on healthcare will witness the highest growth rate among all spending categories over the next two decades. Healthcare grew from 4 per cent of average household income to 7 per cent in 2015, and is expected to grow to 13 per cent by 2025.
