Are you looking for a career after MBA in Hospital Management? Here, your search will end as in my blog; I will discuss the various future scope that will help your career after completing your MBA in hospital management. It will discuss the importance of healthcare management and future opportunities within this sector. If you are in college or have completed your graduation degree and have an interest in Hospital Management, take your time reading this blog, and you will find the types of jobs available with an MBA in Hospital Management.
What is MBA in Hospital management?
MBA in Hospital management is a two-year post-graduation degree in which you will acquire the skills related to the proper functioning of any hospital or healthcare industry such as healthcare systems operations, Public relations, financial management, HR functions in the health system and healthcare planning are some of the sectors in which you can find the career opportunity.
The total fees for the course can range from INR 1.5 to 7 lakhs, and the admission process is based on the MCQ type entrance test followed by group discussion and interviews.
What Types of Jobs which you can apply for after MBA in Hospital Management?
most common job that most people think in Hospital management is of the Hospital Administrator. Their duty is in all types of medical facilities, such as substance abuse centres, physical rehabilitation centres, hospitals and doctor’s offices. The administrator is responsible for hiring new doctors, nurses, and other staff for the hospital. They are also responsible for advertising the new openings in the hospital, screening their application form, and then meeting with the workers and screening them to find out the best worker suited for the job. They are also held responsible for making a budget, instituting new policies.
Clinical Research Manager
People who pursue hospital management degrees and choose to become clinical research managers are responsible for checking the aid received from the government for clinical trials and finding out if there are any discrepancies. They need to be proficient with financial management and planning of budget.
Health Information Managers
The next exciting career in Hospital management is of Health Information managers. They are responsible for compiling all the data of patients, their medical history, doctor’s observations, diagnosis, symptoms and prescriptions etc. they play an essential role in maintaining all the online medical establishments. They also work with a team of IT professionals to ensure that all the records in the hospitals are legally maintained, and there is accurate, and easily accessible.
According to the Bureau of Labor Statistics, the demand for medical managers will increase shortly, and they can also earn a handsome wage on per hour basis. This is one of the most popular jobs in hospital management; students can quickly get into this job by doing various internships in this field during graduation. They are responsible for handling specific departments or all departments, and their job is handling a budget, scheduling and informing workers about the new changes in the department.
Medical Facility CFO
If you are a student who belongs to a finance and accounting background, then you have the opportunity of finding employment as Chief Financial Officer in a medical facility. They are responsible for handling all the hospital’s finance and seeing the operating cost that if there is a surplus of funds or, there is a need to cut down the costs. They maintain all the financial records and meet with managers and executives to update them on the financial details of the hospital.These are the various sectors in which you can find the various jobs in Hospital management. So give it a thought that in which field you have interest and choose the right path.
ConclusionI hope you enjoy reading my blog and find it helpful. The scope of an MBA in hospital management is vast and is growing day by day; due to Covid, the demand for healthcare workers has increased exponentially. Therefore, pursuing MBA in this field will surely make your career safe. The packages in this field are also comparatively high and satisfactory. Please share this blog with your friends who are interested in making their career in this field.