As an after-effect of the Covid-19 pandemic outbreak, there has been a surge in the number of healthcare arrangements. More hospitals, nursing homes, diagnostic centres and rehabilitation clinics have been set up. Additionally, many parents follow a working culture. Thus, they are unable to be around their kids at all times. It is difficult for them to accompany the kids at home. For this reason, they choose to admit their children into a safe and sound day care arrangement. Picture this: Your visit to the hospital has been beyond satisfactory, from the services provided to staff support and patient help. Who do you think ensured that your experience is peaceful and hassle-free? If your first answer is a doctor, we wouldn’t deny. Doctors indeed help us cure. But, let me shed light on the unsung heroes of the healthcare industry – healthcare managers! It is a manager – MBA in Healthcare management graduate – who monitors the routinely activities of a healthcare set up. They guarantee that the concerns of a patient as well as their caretakers are taken care of. Healthcare management largely contributes to the advancement of the healthcare industry.
What is Healthcare Management?
Healthcare management is a prominent niche that involves ‘planning, directing, and coordinating nonclinical activities within healthcare systems, organizations, and networks’. Healthcare management professionals ensure that healthcare services are not undermined or compromised.
How does one become a healthcare manager? Our answer is simple – MBA in Healthcare Management
What are the benefits of pursuing an MBA in Healthcare Management? We’ve got you covered. Continue reading!
Top 5 advantages of MBA in Healthcare Management
Healthcare is an ever-green sector
The healthcare sector is one of the most significant industries in the world. Importantly, the chances of the sector to go downhill are minimal. Hospitals are running 24/7 and they will continue to do so. Because healthiness is a prime concern for many. Since people try their level best to be hale and hearty, they prioritize health. Not only theirs but also their loves ones’. In an attempt to avoid any severe health damage, people visit the hospital without a second thought.
You can serve the healthcare society without being a doctor
The healthcare industry is more than doctors. You can stay connected and contribute to the field of health and care without being a medical professional. Is that even possible? Indeed yes, thanks to MBA in Healthcare Management.
If a doctor works on the frontline, a healthcare manager works at the back-end. If a medical professional ensures that the right treatment is provided, a healthcare manager ensures that the services are time-, cost-, and quality-effective. In simple words, a healthcare arrangement needs a manager as much as a doctor. Without either one of them, the set-up cannot function seamlessly.
Healthcare is constant
No matter your geographical boundary, you are sure to have a healthcare set up in your vicinity. For this reason, you can be certain that your qualification will back you at every turn. MBA in healthcare management embraces a wealth of employment opportunities. Besides, the industry is only going to advance. We don’t think there will come a time when health will stop being a concern for people. It was, is and will continue to be until man exists. So, rest assured that you are investing into a profession with promising returns.
Holistic Development
For a manager, in a sector as demanding as healthcare, holistic development is essential. To allow the same, our MBA in Healthcare Management program covers 8 extensive modules. From healthcare leadership to managing modern healthcare organizations, students learn about human resource management, marketing management and operations management in healthcare. They also study the fundamentals and complexity of disciplines like business research methods and healthcare policies. Students, by and large, develop a comprehensive idea. They are trained to excel at any vertical of the healthcare industry. Furthermore, the course work is a mix of theoretical and practical lessons. Case studies and hands-on learning are a couple of activities included in the syllabus. On the whole, students receive the best of both worlds – academic and vocational.
By virtue of a blended mode of learning (online and offline), students are free to pursue a job. They can earn and learn at the same time. Since, the working students have a workspace ready, they can practise applied learning. This allows them to have a clearer understanding of the concepts. It also gives them an experience of the situation outside their classroom. Lastly, students spend their term with a diverse yet like-minded cohort of learners. As they begin to broaden their perspective, they begin to think more rationally. They are able to design effective solutions for healthcare as well as business challenges.
Employment opportunities
Having read the above-mentioned advantages of an MBA in Healthcare Management, we are certain that you must have got an idea about the career prospects in this field. Needless to say, healthcare management offers a variety of employment opportunities. Besides, the graduates can handpick a sector of their choice.
Healthcare management graduates can pursue a job in the following sectors:
- Health Insurance
- Hospital Administration
- Pharmaceuticals
- Medical Devices
- Diagnostics
Further, they can pursue the roles of
- Hospital Administrator
- Healthcare Manager
- Medical Device Manager
- Clinical Research Manager
- Clinical Manager
- Nursing Home Administrator
- Pharmaceutical Product Manager and more
Are you passionate about health and social care? But, are you also interested in business? If so, an MBA in Healthcare Management from King’s Business School can be the most appropriate program for you.
Get in touch with our support team in case of any questions. Or else, check our program details and book a seat today to step into the thriving industry of healthcare management
