When you chose to pursue an MBA, you have already taken a huge step towards the business and management world. By doing a postgraduate degree in Management, you will be filled with abilities such as leadership and communication skills as well as managerial abilities to deal with the challenges put forward by the business world. If you have a graduate degree in the Science stream but want to go further with the Management courses then, pursuing an MBA after BDS can be the most appropriate career choice! Here is an article that will provide you all the information regarding doing MBA after BDS, the career prospects available after the course.
Importance of Healthcare Management
‘Healing is a beautiful art, medicine is a godly profession and health care is a kind business.’
Before we describe the prospects of choosing an MBA after BDS, let us first know what healthcare management basically is. Healthcare is a crucial sector for every economy and requires professionals having knowledge in both the medical fields and business strategies need to handle managerial responsibilities. Having chosen a career in Healthcare Management not only gives you a platform to work for the improvement of the health of people but also gives you the power to resolve and implement policies that can benefit people at a much larger scale. It also helps in the maintenance of daily operations, dealing with the medical costs, managing with the working team, building a healthy relationship amongst doctors and other health care practitioners, performance evaluation, etc.
What is Hospital Administration/Healthcare Management?
The hospital comprises of health care executives and doctors. The administrative staff works towards the scores of activities targeted towards the formation and implementation of healthcare services. Human Resource, Public Relations, Accounts, Marketing, etc are some of the major departments which are taken care of by such professionals. Often, Students get confused between the terms ‘Hospital Administration’ and ‘Hospital Management’. So coming to the question that what is the difference between hospital administration and hospital management? While hospital administration deals with the business processes of various organisations, the Hospital Management stress upon handling with the staff involved there.
What is an MBA in Healthcare Management?
This MBA course is for a period of 2 years, MBA Healthcare Management gives information about various economical, legal, social, and ethical issues related to hospital administration. Along with the management of human Resources, students will also learn about subjects like Operations and Quality Management, Clinical Pharmacy, Medico-legal system, Business ethics, etc. Deciding to do an MBA after BDS will not only give you the required knowledge in the field of Business, Management, and finance but will also be helpful in skill development. By seeing the career opportunities in Hospital and Healthcare Management, you will be able to deal with wide-ranging responsibilities such as:
- Managing human resources
- Identifying, analyzing, and finding solutions for all sorts of problems
- Ensuring well being of patients
- Fulfilling the needs of doctors working and dealing with a number of external vendors
- Careful care regarding medicinal and drug requirements of a hospital
- Overseeing the daily medical and operational activities
- Setting budgets
- Optimizing medical resources
Why Pursue an MBA after BDS?
Due to the growing requirement for better Healthcare Management, many BDS graduates are choosing to do an MBA after BDS, precisely, an MBA in Hospital Management/Healthcare. It is regarded as one of the most popular options by dental graduates as it is easier and more economical when compared to an MDS after graduation. With the health sector blooming in terms of profits and development, an MBA after BDS proves to be the best opportunity post-graduation.
Top MBA Courses in Healthcare Management
There is no of MBA courses in Healthcare Management which you can give a exploring thought. Ranging from Research-based courses to professional degrees, below given are some of the top MBA courses in Healthcare Management after BDS:
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- MBA in Health Management
- MBA in Clinical Research Management
- MBA in Healthcare Management
- MBA in Pharmacy
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- MBA in Public Health Management
- Executive MBA in Healthcare Management
- MBA in Pharmaceutical Management
- MBA in Pharmaceutical and Healthcare Business
- MBA in Health Care Management Systems
- Masters in Clinical and Pharmaceutical Management
World Top Colleges to do MBA after BDS in Hospital Management
There is an array of colleges that offer MBA after BDS in a number of streams such as MBA in Hospital Management/ Administration. Some of these colleges include:
- Leeds Beckett University
- University of Gloucestershire
- Auckland University of Technology
- The University of Sydney
- University of Glasgow
- The University of Adelaide
- Curtin University
- University of Wollongong
- University of Sheffield
- Coventry University
- University College Dublin
Career Prospects
There are a lot of career opportunities for those pursuing an MBA after BDS. There are numerous opportunities in the healthcare sector comprising of local companies to international organizations that need professionals with both Medical as well as Management backgrounds. Given below are some of the areas and job profiles that you can give a thought of working in:
- Physician Group Practices
- Home Health Agencies
- Integrated Health Systems
- Corporate Health Systems
- Public Health Agencies, etc.
Job Profiles
For students with considerable experience can also apply for higher administrative responsibilities and management work in the health sector. They can also work upon leadership positions such as hospital CEOs, partners in different consulting firms, higher officials in major healthcare companies, and health care executives in established healthcare companies or hospitals. so, if you are pondering that what is the prospect of an MBA in Healthcare Management then have a look at the following list:
- Hospital Administrator
- Healthcare Information Manager
- Physician Relations Liaison
- CFO
- Claims Manager
- Purchasing Manager
Thus, if you possess leadership qualities as well as the skill required to work as a healthcare professional, MBA after BDS can help you in exploring your interests in Medical Science and Management with the help of this course.
