Healthcare is one of the largest industry of the Indian economy in terms of both revenue and employment. There are clear signs that healthcare is goin
Healthcare is one of the largest industry of the Indian economy in terms of both revenue and employment. There are clear signs that healthcare is going to be a significant sector that stimulates economic growth and contribute to employment.
According to a report by the All India Management Association, more than 40 million new jobs will be generated by 2020.
As the world’s largest provider of generic drugs, the vast amounts of drug exported to meet the COVID-19 demands would push this number higher.
India is the 4th largest market for medical devices, has a 74% private sector share in hospitals, that is growing at the rate of 15.8 per cent. There are also 250+ health-tech startups in India.
With this dramatic expansion in the industry and the COVID-19 pandemic, the need for capable healthcare management has become even more evident, not just in India but across the world. Resulting in a rising need for more healthcare managers. That’s led to many working professionals and MBA aspirants to pursue an MBA in Hospital and Healthcare Management.
The healthcare industry is expected to reach US$75 billion in the next 5 years.
Within the subsequent years, there will be thousands of new jobs added to the hospital and healthcare management industry. Unlike common belief, healthcare management exceeds the traditional health-related areas of medical, clinical, and nursing.
Those with an MBA in the Hospital and Healthcare Management will have access to pursue a range of promising career opportunities in varied fields like:
- Healthcare IT
- Health Insurance
- Public Health
- NGOs
- Pharmaceuticals
- Consultancy
- Hospitals
- Clinical Research
Here is a glimpse of what job opportunities lie ahead of those who pursue an MBA in Hospital and Healthcare Management:
- Pharmaceutical Project Manager
- Health Information Manager
- Clinical manager
- Insurance Sales Manager
- Hospital Administrator/Manager
- Business Analyst
- Operations Manager
- Marketing Manager
- Product Development Manager, and more!
The need for leaders equipped to meet the demands of this growing field is more prominent than ever. Programs that focus on healthcare management can prepare students to take on the challenges in this demanding profession.
Symbiosis Institute of Health Sciences has been ranked 4th among India’s healthcare colleges by the Economic Times. The two-year full-time residential MBA in Hospital & Healthcare Management Program is designed to train and transform students in leaders who can meet the rising demand of this domain.
With experiential learning opportunities at SUHRC (Symbiosis University Hospital & Research Centre), Pune along with a global and intensive curriculum, graduates with a degree from SIHS are set on the path to a thriving career and success!
Apply Now for SIHS’ MBA in Hospital & Healthcare Management. Click here.
Source: IBEF, All India Management Institution, & The Economic Times
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