Great Future for Students of

MBA in Health Care

Management

By ICRI

Health Care sector

The rapidly growing Health Care sector in

India regularly needs a huge number of

qualified professionals. Read on to know

about the scope of MBA in Health Care

Management

Specialized Management Program In today’s organized business environment, MBAs are one of

the most sought after professionals as they possess

complete insights into the tricks and acumen necessary for

competent handling of business and segments constituting it.

In the emerging business scenario, students doing MBA in a

specialized field attract better offers as well as have scope of

ample future growth. MBA in Health Care Management is

one such specialized management program which has an

extremely promising future.

Fastest Growing Sector As health care sector has become one of the fastest growing

business arenas in India, it regularly needs a huge number

of qualified managers to run sophisticated and modern

hospitals throughout the country. To fulfill this regular

demand of professionals, students going in for MBA in

Health Care Management stand a fairly good chance to

enter an upcoming essential service industry and get into a

well paying profession.

Scope of Health Care Sector Over the past few years the idea of health care in India has gone way beyond

doctors and hospitals, as it is now associated with a host of quality services

linked with hospitals. Currently, the health care industry in India is pegged at

US$ 35 Billion which is poised to become US$ 75 Billion industry in the next

4-5 years. Similarly this industry is rapidly growing in every part of the world,

providing modern health care facilities to people from all strata of the

society. With the advent of more and more medicines and treatments for all

sorts of diseases, the health care industry has tremendous scope in the

coming years.

What constitutes the Health Care

Industry The health care industry comprises of numerous components

which are equally responsible for its seamless functioning.

The major constituents of this upcoming industry include

hospital administration, planning of health care facilities,

clinical support and utility services, medical equipment,

pharmaceuticals, health insurance companies etc, all of

which offer hordes of opportunities for health care

professionals in India and abroad.

Future of Health Care Sector With modern and sophisticated hospitals coming up in every nook and

corner of the country, the Health Care and Pharmaceutical industry

is witnessing exponential growth in India. This unprecedented

growth has tremendously increased the demand for quality

healthcare professionals in India. As per a conservative estimate

India will be needing over a million health care management

professionals in the next 4-5 years for efficient management of

various components of this sector. Hence a huge qualified work

force is needed on a regular basis to man the new sophisticated

health care set ups in even the remotest corners of the country.

Overview of MBA in Health Care

Managenent

The two year management course in health care provides basic knowledge of

management sciences with specialization in health care related subjects

and fields. The program provides in-depth knowledge of the health care

industry, with a combination of academics and field work. Besides teaching

to mange a business, the course imparts knowledge about planning and

designing of healthcare facilities, evaluation of strategic issues in healthcare

delivery systems, materials and equipment related to the health sector etc.

Although any graduate can opt for MBA in Health Care Management, this

course can be a good choice for graduate or postgraduate students from life

sciences, microbiology, pharmacy, biotechnology, medicine, nursing,

physiotherapy, dentistry, homoeopathy, ayurveda, veterinary science and

paramedics.

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