Great avenues, lucrative option: MBA in Health Care
With fat pay packets and a 'Dr' before your name, the less-explored HCA offers great opportunities, reports Sumegha Gulati.Updated: May 29, 2009 13:27 IST
In last July, a leading national daily had reportedly suggested the craze for admission to medical colleges being on the wane.
The resolution of students to opt for engineering is sensible. Doctors having three to four years of experience and know-how are offered less than 10 grand’s a month while their engineering counterparts with the same practice draw Rs 20, 000 or more. Thereafter, it is an upward graph for them.
While most medical graduates pursue an MD or scientific research, there is an esoteric group of those who mull over the lesser-explored alternative of MBA in Health Care Administration.
HCA is essentially a part time management course that involves imparting the knowledge of basic as well as specific areas of management to the professionals responsible for management of health care service.
FMS, University of Delhi is a pioneer institute offering the course. Individuals having a 5-year experience after MBBS are eligible and the admissions are interview based. The popularity of the subject can be gauged from the fact that each year, the institute receives more than 200 applications for a minuscule intake of 25 students.
The scope after the course is exceptionally vivid. The Administrative Officer, FMS, who refuses to be named, opines, “Big hospitals need a proper administration. There is a drastic change in job profiles and pay packages after the completion of this course. However, this being an evening course wavers the numbers.”
The growth after HCA is immense with the majority making it to bigger organizations and firms positioned abroad.
AIIMS and National Institute of Health and Family Welfare, Munirka are other schools offering similar courses apart from FMS.