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
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.
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 CareManagement 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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