A. I am a B.Pharmacy graduate. I want to do MBA -Hospital Administration. What will be the career growth with that to me?
MBA in hospital administration is a good choice as far as career growth is concerned because currently Indian and overseas private health care is managed by Hospital administrators and managers predominantly. This would mean a change in career form you B.Pharma background.
B.If I did Masters in Hospital administration what are the opportunities and salaries and career growth?
There are good oppouritnities but the competition is also tough because, lot of dental and medical doctors soon after their graduation take up MBA in hospital administration and are better placed for the job of Hospital administration.
You need to have excellent communication skills, an outgoing personality, leadership skills and trouble shooting skills are the key along with handling patient care related issues with empathy. While you do not need indepth knowledge about medicine, you need to have a basic idea about what each specaility does and the potential issues. You need to have the ability to think on the move, judge of complex issues related to staffing, compliant handling, policies etc.
You can choose from one of the bleow universities.
Indian Institute of Health Management Research, Jaipur
Tata Institute of Social Services, Mumbai
International Institute of Health Management Research, New Delhi
Indira Gandhi National Open University (IGNOU) also has a PG diploma in hospital administration provided you have some experinece in the hosptial line.
You will be looking at jobs like
Manager- Hospital services
IF you do hospital adminstration, do not get into general MBA jobs that are realted to the allied sectors like food and bevearages, finance etc because it will be difficult for getting back into the main stream.
If you are serious about Hospital Administration, then join a reputed coporate or preimer apex medical collge hospital and join as a pharmacist. While you are in this job, get to know about the hospital functioning, particpiate in governance, audit, patient compliant handiling, inventory handling and other meetings realted to phramacy to develop your leadership skills. After a year, then join a reputed college for doing your MBA in Hospital administration. Choose a univeristy that also gives you a chance to do practical sessions in major hospitals.
The salary starts from Rs 75,000-1.5 lakhs depending on your experience, practical knowledge that you have in hand and the reputation of the brand. After your MBA, you would need to work with a smaller chain of hospitals, gain valuable experience and then move on to the top brands.
C.If its not better, then which PG is better for my life?
Have you considered Doctor of Pharmacy (PharmD), with this you will be done as clinical pharmacist and have the scope to work as in-charge for top corporate hospitals.
Manipal academy offers a good program in the private sector (https://manipal.edu/mcops-manipal/programs/program-list/pharmd.html)