MBA in Healthcare Management

Given the global impact of the Covid-19 pandemic and the government’s focused efforts towards enhancing and expanding the healthcare infrastructure, both medico and non-medico professionals in the healthcare sector are now being regarded as frontline warriors, and have a range of career opportunities that have arisen for non-medico professionals.

Healthcare Management includes comprehensive planning, direction & supervision of operations across various Healthcare institutions. The MBA degree will help accelerate the career progression path of a medico expert to senior leadership roles while presenting managerial opportunities to the non-medico professionals in the healthcare industry. A background in the medical field is an advantage but not a necessity.

Both medico and non-medico aspirants can find their fitment in the healthcare industry owing to the MBA Degree which helps balance skills and knowledge imparted through a strongly research-oriented curriculum.

Why take up an MBA in Healthcare Management?

• One of the Largest & most flourishing industries globally – The global healthcare market was valued at $8,452 billion in 2018 and is expected to grow at 8.9% every year to nearly $11,908.9 billion by 2022. Millions of healthcare experts will be needed to meet this growing industry demand.
• High Demand post-pandemic – The need for healthcare, doctors, nurses hospitals, medicines, and all related professions will continue to prevail, especially in the new post-pandemic world order. Hence the everlasting demand for management leaders in the healthcare sector will also continue.
• Global Mobility, Migration & PR – The acute shortage of healthcare innovators in the developed countries with aging populations, has resulted in immigration-friendly policies, competitive career opportunities, and Permanent Residency pathways.
• Job satisfaction & Noble profession – Positively impacting the lives of people and giving back to society while earning the respect of the masses and getting paid handsomely, leaves one with a true sense of accomplishment.
• The Competitive Advantage – Despite the hard economic downturn in the last decade, one thing still holds – those who pursue higher education have an easier time obtaining employment than those who don’t. GMAC, the Graduate Management Admissions Council, says that 88% of 2010 MBA class members report they have a job after graduation and three-quarters of them consider their graduate business degree essential to finding that job. It’s no surprise that more than 95% of students reported that the MBA degree is an “outstanding value addition” and an investment that more than pays for itself.
• Impressive Income Potential – The salary potential for a person with an MBA in Healthcare Management is relatively large. According to the USA Bureau of Labor Statistics, the average medical and health services manager’s salary is $88,580, and it can reach more than $150,560. Employees with a master’s degree can expect to earn as much as 25 percent more than employees with a bachelor’s degree.

This is a two-year course offering. All the learners who complete this course will attain 120 ECTS(60 ECTS for each of years 1 and 2 respectively).

Year 1:

1. Risk Management of International Trade Operations
2. International Marketing
3. Digital Marketing
4. Human Resources Management
5. Customer Service Excellence
6. Strategic Marketing
7. Financial Markets and Institutions
8. Risk Analysis and Insurance
9. Health and Social Care Leadership
10. Health and Social Care Strategies and Policies
11. Leading Change in Health and Social Care
12. Managing Finance in the Health and Social Care Sector

Year 2:

1. Team & Project Management, Management Philosophy & Ethics
2. Crisis Communication
3. Geopolitics
4. Customs and International Operations
5. Financial Aspects of International Trade Operations
6. Brand Strategy and Management
7. Intercultural Management
8. Entrepreneurship, Business Plan, Project Costs & Budget Management
9. Risk Management
10. Capstone Supervision
11. Data Protection

Graduates of MBA in Health Care Management would have transitioned from clinical practice to administrative roles, been promoted to a management or supervisory position in their current department, or moved to a larger department. Some of the incredible opportunities that will then present themselves would be:

• Opportunities – Health Care Administrator, Health Care Manager, Program Director, CEO, COO, Director of Development, Medical Compliance Officer, Patient Safety Manager, Insurance Claims Manager, Medical Inventory Manager, Document Control Officer, IT Systems Manager, and Quality Assurance Officer
• Interesting alternatives of sub-sectors to pick from – Hospitals, clinics, or medical offices, Pharmaceutical companies or laboratories, Biotech health services, Insurance organizations, a Health care consulting firms, government agencies, and health maintenance organizations

The industry-oriented curriculum is designed to enable the application of legal & economic aspects in healthcare, basics of medical terminologies, anatomy & physiology. It helps achieve critical thinking, planning, and leadership skills for managing operations, assuring quality, and working with policies and regulations in the healthcare establishment.

Essentially, the health care sector is characterized by constant reforms aimed at the efficient delivery of safe, effective, and high-quality care. Effective leaders and reformers will always remain central to driving changes at all health system levels to actualize the goals of the ongoing reforms in health care institutions.

About our Partner University

EUCLEA Business School, France

• EUCLEA Business School is a Private Higher Education degree-granting institution, a leader in research and education in human resources, management, marketing, business strategy, etc, and offers a range of higher education suitable for all types of profiles and careers.
• As a part of CDP Group Paris, students benefit from an extensive portfolio of programmes and a truly global educational experience with over 20 member schools, 7500 students per year of which 25% are foreigners, and 25000 trainees in continuing education.
• The master’s/bachelor’s degree will be awarded by EUCLEA Business School, a Higher Education degree-granting institution recognized by the State and the French Ministry of Higher Education, Research and Innovation.
• This qualification of higher education at Level 6 and Level 7 is recognized by the French Ministry of Labor as Certified Qualification of level I within the National Directory of Professional Certification (RNCP) and is given equivalence by WES Canada, UK ENIC-NARIC.
• Students can take a seamless transfer to EUCLEA campuses in France for a dual country experience and the benefits of a Schengen region country (Dubai + Europe).