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Online MBA After MBBS Universities
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Updated at : October 11, 2024DOWNLOAD E-BOOK
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MBBS itself provides candidates with a rewarding and highly respectable career and it is quite difficult to crack. Those who complete it have a shining career path in the longer journey but still after investing 5-6 years of their lives in this program, many candidates lose their interest in the medicine practice. This makes them explore alternative career options that favor their interest and financial needs at the same time.
An MBA after MBBS is one of the best choices available for medical practitioners. This statement contributes to the availability of specializations related to the medical line in this master’s program. This way medical professionals can even make your of their medical knowledge to make the best out of another business-oriented degree program.
Choosing an MBA after MBBS equips medical practitioners with an understanding of the business prospects that will lead them to an entirely different face of the healthcare industry. Here are some details that you must know about the MBA program before enrolling in one!
If you are interested in the management domain even after completing your MBBS, you can check out an MBA program in the following categories:
Just like for an MBBS program, you need to clear the NEET exam, similarly for an MBA, you will need to score good marks in the management exams like CAT, MAT, XAT, TANCET, SNAP, TS ICET, etc. However, in an online MBA program, you have the added advantage of skipping the entrance exams as universities or institutions offering it have kept the selection process feasible for all.
After selecting the type of MBA program, you must explore the variety of specializations available in it. Being a part of the medical profession, MBBS candidates should look for a specialization that helps them use their knowledge in the medical field in the MBA program as well. Here are some top MBA specializations that you must check out after MBBS.
Top Universities for MBA After MBBS
After knowing the ins and outs of an MBA program, you must have an idea of the top universities or institutions offering it in the country. As per the NIRF 2023 Ranking of Management category, here is a list of the top 5 Indian institutions that have hold global reputation for their quality education.
Universities/Institutions |
NIRF 2023 Ranking in Management Category |
1 |
|
2 |
|
3 |
|
4 |
|
5 |
If you have barriers of time commitments and fear to face the entrance exam all over again after so many years of studying, an online MBA is the best option for you. Moreover, as per UGC’s latest guidelines, it holds the same value in the industry as a regular MBA. Here is a list of some popular universities for online MBA that you can go through before jumping onto any one of them.
Universities Offering Online MBA |
NIRF Ranking 2023 (Management) |
Starting Fee Range |
Indian Institute of Management Raipur (IIM Raipur) |
11 |
13.25 Lakhs INR |
Symbiosis Institute of Business Management |
17 |
55,000 INR |
28 |
1.8 Lakhs INR |
|
30 |
1.7 Lakhs INR |
|
32 |
1.52 Lakhs INR |
|
36 |
2.00 Lakhs INR |
|
39 |
1.5 Lakhs INR |
|
Birla Institute of Management Technology (BIMTech) |
48 |
2.75 Lakhs INR |
Koneru Lakshmaiah Education Foundation University (K L College of Engineering) |
52 |
40,000 INR |
Kalinga Institute of Industrial Technology (KIIT) |
59 |
1.6 Lakhs INR |
64 |
2.00 Lakhs INR |
|
Graphic Era University |
65 |
40,000 INR |
79 |
1.66 Lakhs INR |
|
85 |
1.5 Lakhs INR |
Even after having been accepted by the top organizations in the industry, there are a lot of myths associated with online MBAs. In this webpage, we are going to address all the key factors like eligibility, duration, curriculum, fee structure, admission process, etc. about an online MBA and a regular MBA to provide you with all the pros and cons of both modes of MBA after MBBS.
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The curriculum design of all the types of MBAs is more or less the same. There might be a slight difference in the names of the core subjects but the knowledge imparted by them is the same. Here is the semester-wise bifurcation of the online MBA in healthcare management syllabus.
Semester 1 |
Semester 2 |
Principles of Economics & Markets |
Entrepreneurship |
Managerial Effectiveness & Ethics |
Marketing Management & Research |
Accounting & Finance |
Healthcare Quality |
Organizational Behavior & Human Resource Management |
Risk & Disaster Management |
Quantitative Techniques & Analytics |
Patient Care Management |
Semester 3 |
Semester 4 |
Business Environment & Strategy |
Healthcare Information Technology |
Operations Management |
Healthcare Insurance |
Supply Chain & Material Management in Healthcare |
Healthcare Laws |
Medical Record Management |
Medical Tourism |
Planning of Healthcare Services |
Cross-Functional Elective course |
Open Elective Course |
Master Thesis/Project |
The eligibility criteria to apply for an MBA after completing your MBBS include some general points:
As a part of the selection process for a regular MBA, you need to clear national-level entrance exams like CAT, MAT, GMAT, and other university-specific exams. In the case of an online MBA, you are exempted from this criterion.
The duration of the MBA program in both regular and online format is 2 years. However, if you opt for an executive MBA (EMBA) and online global MBA programs, the duration might vary between 1-2 years depending on the university you choose for your program. Thus, the specific duration of the program depends on the type of MBA you are opting for at a particular university.
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The fee range of the regular MBA program generally ranges between 5-20 Lakhs INR. However, an online MBA program gets completed in quite a lower fee range than this. The starting fee range for the entire online MBA course is 1 Lakhs INR and goes up to a maximum of 15 LPA based on the institution you choose for your program.
The admission process of a full-time MBA program begins after you clear the entrance exam applicable to your chosen university. It involves a lot of paperwork and is executed on visiting the admission office of the university. On the other hand, for an online MBA course, you just need to follow the below-mentioned steps to enroll in your desired university.
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Being a medical professional, generally, there are rare chances of dropping a plan for an MBA due to financial constraints. Still, institutions offering MBA programs in online and regular modes offer the facility of education loans to their learners. This allows applicants from different financial backgrounds to apply for this master’s program without having to worry about the money!
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An MBA after MBBS is one of the best choices available to medical practitioners. This program presents a business-oriented picture of the healthcare industry to physicians and doctors. After completion of this business-focused master’s program, medical professionals have an improved range of career opportunities that make them work closely with the management professionals of hospitals, clinics, and other healthcare organizations. The leadership skills developed through an MBA program make you lead the healthcare industry with success.
An MBA after MBBS also improves the earning potential of doctors due to their knowledge of managing and leading healthcare organizations. The chances of getting promoted to department head also increases with this management degree. In addition to professional and academic achievements, an MBA program helps you grow as an individual. The learnings of an MBA program make you develop new skills and methodologies to deal with different kinds of people.
Even if you want to continue working as a medical practitioner, an online MBA would be a great choice for you. It will help you understand the business aspects of the healthcare industry while serving as a doctor.
College Vidya Advantages
There are various career paths available to medical professionals after completing an MBA program after MBBS. This long list includes several job roles some of which are listed below.
Hospital Administrator |
Health Insurance Executive |
Medical Technology Executive |
Healthcare Consultant |
Entrepreneur |
Pharmaceutical Project Manager |
Medical Director |
Consultant for Healthcare Licenses |
Health Information Manager |
Medical Facility CFO |
Upon completion of the MBA after MBBS, your chance of getting placed at a reputed organization in the medical field increases. This demand for medical professionals equipped with management skills in organizations has always been there but with more doctors and physicians turning their career paths to an MBA program, this demand of the industry is now being fulfilled.
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Apple
JP Morgan
Yes, an MBA after MBBS will improve your career opportunities and rebuild it for better outcomes.
Yes, MBA programs in all modes are open to a wide range of applicants including doctors, engineers, other working executives, and even fresh graduates.
If you are pursuing an MBA after MBBS, you must explore the specializations of Healthcare Management, Pharmaceutical Management, Hospital and Healthcare Management, Marketing Management, Hospital Administration, Sales and Marketing, and many more.
Yes, with the option of an online MBA after MBBS, you can continue your medical practice while earning a postgraduate degree.
To enroll in an MBA program after MBBS, you need to clear one of the national-level management entrance exams including CAT, MAT, XAT, GMAT, etc.
To enroll in an MBA program after MBBS, you must have a valid MBBS degree recognized from UGC (University Grants Commission) and MCI (Medical Council of India).
Yes, Indian Institutes of Management (IIMs) accept applications from doctors and physicians having an MBBS degree for their MBA programs. They have even launched online MBA courses to ease the accessibility of quality management education for professionals from different backgrounds.
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