The CAGR revealed a shocking truth that the healthcare industry will experience explosive growth by 2030. With such a huge scope, the Indian management industry is emerging to the top of the global platform. This may increase the demand for qualified young professionals to manage hospital and healthcare administration. An online MBA in hospital and healthcare management is a two-year postgraduate course. The key motive of this online MBA program is to engage graduates as future heads of high-earning platforms. Read more to learn the benefits of joining an online MBA program in hospital management.
Is it Worth Joining an Online MBA Program in Hospital and Healthcare Management?
Earning an online MBA in hospital management is a valuable asset and a recognized credential like regular online MBA courses. It educates you with healthcare-specific knowledge and builds strong leadership in business management. The dual skill set of hospital and healthcare administration provides a flexible job opportunity to switch careers. After completing this online MBA degree, you can get various high-paying job opportunities. This includes the finance manager, CFO, drug safety associate, and health insurance professional. Moreover, completing a course that is the future of online MBA programs is fruitful.
Perks of the Online MBA in Healthcare and Hospital Management
Pursuing an online MBA degree in India offers huge benefits to students. Review the major reasons for pursuing an online MBA degree in India.
1. Flexible Schedules
Students with an MBA degree in this rising field can enjoy flexible study schedules. Irrespective of the location, they can study at their own pace. This helps manage their personal and professional responsibilities. Moreover, this flexibility can help them with effective time management.
Read also: How to Balance Work and Study When Choosing an Online MBA Program?
2. Career Advancement
An online MBA program can advance your career with leadership qualities and an innovative mindset. You can gain practical skills, including healthcare analytics, financial management, and quality assurance. Learning multiple skills showers you with a flexible career-switching opportunity.
3. Work-Study Balance
The online MBA courses do not have any scheduled class timings. This creates a chance to continue your ongoing professional work without any clashes. Furthermore, some online MBA programs provide recorded class videos for career enhancement. In the common debate of online MBA vs offline MBA in India, experts recommend an online mode of education. This offers low-budget education in a comfortable environment.
4. Cost Reduction
The reduction in physical infrastructure offers online MBA courses at lower price tags. Additionally, students get the chance to avoid unwanted travel and food expenses. In short, online education provides a valuable degree without any financial strain. Anyone planning to learn from their savings can enjoy this online course.
5. Global Job Exposure
Most of the budding youngsters in India dream of gaining international job opportunities. An online MBA degree in hospital and healthcare management can broaden your perspective. This can help you enjoy the perks of international faculty and peers. You can get an international job offer with the help of an online MBA in healthcare management.
6. Job Security
Being a certified student, you can unlock the fear of losing your job over time compared to IT jobs. As the demand for hospitality never fades, these jobs offer high job security. In this competitive world, having a guaranteed job offers a healthy work environment.
7. High Salaries
In India, the common pay scale of a healthcare administrator is 12.5 LPA. Whereas, here the lowest 10% earns 7 LPA and the highest 10% earns 98 LPA. Hence, by learning these online MBA programs, you can earn much better to shape your future.
Top Indian Universities Offering Online MBA Courses in Hospital and Healthcare Management
Take a look at the top 4 Indian universities that deliver quality online-based education. This helps working professionals and students learn on a nominal budget.
- DY Patil Vidyapeeth Deemed-to-be University
- Jain Deemed-to-be University
- Chandigarh University
- Vivekananda Global University
Read Also: Top 7 Indian Universities Offering Online Degree Programs
High-Paying Job Opportunities in Hospital and Healthcare Management
An online MBA degree leads to high-paying jobs in a competitive field. The salary in this sector depends on experience, job role, and college credibility. The table below explains the clear salary ranges for different job roles.
| Roles | Salary Ranges (Fresher – Experienced) |
| Business Analyst | 3 – 12 LPA |
| Financial Analyst | 8 – 24 LPA |
| Healthcare Administrator | 0.3 – 14 LPA |
| Hospital CEO | 11 – 56 LPA |
| Hospital CFO | 8.1 – 80.8 LPA |
Conclusion
Based on the recent trends, the healthcare industry never degrades, and thus the demand for hospital management never fades. An online MBA in hospital and healthcare management equips you with the necessary leadership qualities for effective hospital management. Offering incredible benefits at minimal expenditure is an added advantage of this online MBA program. My Degree Online stands out as a prestigious institution offering an online MBA degree in India, providing exciting opportunities to explore the dynamic hospital and healthcare industry.
