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The healthcare industry is evolving rapidly, welcoming technological advancements to improve patient care. A professional degree such as an MBA is helpful to keep up with these changes. The degree equips students and working professionals alike with the required strategic management, leadership, and operational knowledge skills to navigate the complexities in healthcare industries. This blog explores more details on the program offered by Sikkim Manipal University (SMU) and answers the question – Why choose SMU MBA Healthcare?
Why pursue an MBA in Healthcare from SMU?
An MBA degree with a specialized focus on Healthcare helps aspiring learners gain the foundational knowledge to navigate the complexities of the industry. The course is designed to enable students and professionals to develop the required operational abilities to manage workflow on an everyday basis. Some of the top SMU Healthcare MBA benefits are outlined below:
Some of the top reasons as to why you should choose the SMU MBA Healthcare course are:
- Better career prospects: SMU MBA Healthcare job prospects can be found in the pharmaceutical sector, hospitals, consulting, health tech, and public health areas. Graduates can look forward to assuming top managerial and leadership positions in these roles.
- Dual specialization: One of the top reasons as to why choose SMU MBA Healthcare degrees is that students get the opportunity to specialize in not just one but two subjects in parallel. The online MBA degree from Sikkim Manipal University offered on Online Manipal allows students the choice to opt for one more discipline of their choice along with Healthcare, thus boosting their career prospects.
- UGC-entitled degree: This is one of the other top SMU Healthcare MBA benefits. The degree imparted by Sikkim Manipal University is entitled by the University Grants Commission (UGC) and also accredited by NAAC in A+ grade. The UGC entitlement to the degree makes it equivalent to conventional on-campus degree programs. This further makes it recognized among top employers and study institutions worldwide.
- Comprehensive curriculum: The course curriculum for the online MBA in Healthcare program is specifically designed to equip students and professionals with the latest industry-desirable skills and knowledge of the healthcare industry. Students can look forward to gaining expertise in various medical regulations, advanced healthcare systems, and the latest market trends. This enables the students to stay relevant and in demand in the job market.
- Flexible degree: This has to be one of the most sought-after SMU Healthcare MBA benefits. The advantage of pursuing the MBA degree in Healthcare on the Online Manipal platform is that it is imparted in 100% remote learning mode. This makes learning easily accessible for working professionals too, who can comfortably manage studying alongside their work commitments.
Subjects covered in MBA Healthcare
The course curriculum of the two-year degree program is designed to boost career opportunities for graduates. The SMU MBA Healthcare job prospects are likely to increase manifold as learners are equipped with industry-relevant skills and expertise in the domain.
Some of the top subjects that the course imparts learning in are tabulated below for easy understanding. The online MBA Healthcare course by Sikkim Manipal University is a 24-month course spanning across 4 semesters and classes are held for 15-20 hours per week.
Semesters | Subjects covered |
1 | Marketing Management Business Economics Legal Aspects of Business Principles of Management and Organizational Behavior Accounting for Managers Business Communication Computer Application in Management |
2 | Human Resource Management Productions and Operations Management Global Economic Environment and Policy Quantitative Methods in Management Financial Management Research Methodology and Statistical Techniques Management Information Systems |
3 | Business Strategy Project Management Healthcare and Hospital Core Services Health Education & Communication |
4 | Banking and Insurance Management Legal Aspects in Healthcare Administration Quality Management in Healthcare Project Work |
Top careers in Healthcare
As stated earlier in this blog, the SMU MBA Healthcare job prospects are rather lucrative and this is one of the top reasons attracting students towards pursuing the online degree. To better substantiate this point, we present below some of the best roles that graduates can pursue:
Top career after MBA Healthcare | Average annual salary (approx) |
Medical Affairs Manager | INR 10 lakh – INR 24 lakh per annum |
Healthcare Compliance Manager | INR 6 lakh – INR 33 lakh per annum |
Clinical Manager | INR 5 lakh – INR 14.4 lakh per annum |
Healthcare Administrator | INR 4.3 lakh – INR 18 lakh per annum |
Hospital Quality Manager | INR 4.1 lakh – INR 8 lakh per annum |
The career roles and their average salary ranges highlighted in the above table indicate the increasing SMU MBA Healthcare industry demand in the job market. Employers across industries are consistently in need of skilled and qualified professionals with specialized degrees such as an MBA in Healthcare to meet the growing demand-supply gap.
Some of the key sectors where the SMU MBA Healthcare industry demand can be prominently seen are:
- Wellness and Fitness
- Healthcare IT and Digital Health
- Health Insurance
- Medical Devices and Equipment
- Hospitals and Healthcare Facilities
Conclusion
Taking up an MBA in Healthcare offers learners a powerful blend of business management skills coupled with industry-relevant knowledge. This prepares them to navigate the dynamics of the industry with ease and confidence.
Sikkim Manipal University offers the added advantage of flexibility and the convenience of earning a specialized degree remotely. Offered on the popular Online Manipal platform, the online MBA – Healthcare is part of Sikkim Manipal’s dual-specialization degree program that enables learners to gain industry-specific skills in not just one but two disciplines.
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