Apart from the Commerce students, it is the Engineers that are making the fight doing in MBA from Top B schools a more competitive one. Years back from today nobody would have thought that it would be doctors that would come out into the field of MBA and make this battle even more tough and exciting.
Before this, the concept of doing an MBA after MBBS was not even considered a thing and made no sense to people at all.
But today? MBA after MBBS is not only just a thing but is also gaining popularity and is becoming the most opted combination for this generation. Sounds like a very improbable and exaggerated idea. So here, in this article, we will present to you the complete facts behind the selection of this combination and leave it to you to make your judgment.
Why should people choose MBA after MBBS?
Although the most probable choice after doing an MBBS is of pursuing an MD (Doctor of Medicine) and becoming a doctor in a full-time professional. However, choosing an MBA after MBBS is also becoming a very popular choice nowadays and people who wish to create a bigger impact in the Healthcare Industry in general, opt for this option. The business opportunity in this field can be made good by taking the opportunity of the introduction of a new clinic, a new hospital, a new medicine, or new advancement in Healthcare. People who choose to do an MBA after MBBS allows them to better understand and access the hospital, the health care delivery, and all the treatment processes, improving their efficiency, and delivering better innovation.
Below is a list of all the benefits that one can avail of by doing an MBA after MBBS:
- The choice of doing an MBA after MBBS helps you to stand out from the crowd of people who often choose to do an MD after MBBS and also opens the gates of various opportunities that have a bigger influence in the Healthcare industry. It not only saves you from the rat race but makes you stand out from the crowd.
- There is a huge competition in the field where people choose an MBA after MBBS, therefore, if you choose Medico Management, it saves you from the cut throat competition there is for a limited number of post-graduate seats in the top medical colleges of the country that require you to crack do highly competitive and difficult entrance exams.
- Doing an MBA after MBBS does not restrict you to only working in a hospital but also gives you an opportunity to run one because you get hold of the field of business. You get to become the boss and deliver quality services along with managing the administration and operations of a hospital.
MBA Courses available after doing MBBS
Pursuing an MBA after MBBS gifts you the ability to carefully measure every aspect of Healthcare in terms of Business and gives you the ability to come up with better solutions and innovative ideas for the challenges and hurdles that come your way and in the way of the Healthcare industry.
Therefore, below is a list of a few specific MBA courses that one can choose to do in case they are opting to do an MBA after MBBS:
- MBA in Healthcare Management
- MBA in Healthcare
- PGD in Hospital Management
- PGD in Health Management
- PGD in Hospital Administration
- MBA in Hospital Administrator and Healthcare Management
- MBA in Hospital and Healthcare Management
Best Specialisations for MBA after MBBS
If you want to find the right specialty after doing MBBS, given below is a list of the most popular and top specialisations for the same:
| MBA after MBBS Specialisations | Duration |
| MBA in Healthcare | 2 years |
| MBA in Hospital and Healthcare Management | 2 years |
| MBA in Healthcare management | 2 years |
| MBA in Hospital Administrator and Healthcare Management | 2 years |
| PGD in Health Management | 1 – 2 years |
| PGD in Hospital Administration | 1 – 2 years |
| PGD in Hospitall Management | 1 – 2 years |
Eligibility for MBA after MBBS
There are a few prerequisites for the basic eligibility criteria that need to be fulfilled in case of planning to study and MBA after pursuing MBBS. These requirements might differ as per the course or the university but there are some basic or general eligibility requirements that need to be fulfilled. Some of those requirements are:
- For applying for an MBA course the applicant must have a Bachelor’s degree and in case you are an MBBS graduate, then the most important requirement is that the medical degree should be accredited by a recognized Medical association like MCI in India
- MBA entrance exams like the MAT CAT, XAT, GMAT, etc. need to be qualified as per the requirements mentioned by your University. Indian universities generally accept scores of CAT, MAT, XAT, GMAT, etc. while the colleges or institutions might make the selection on the basis of entrance exams
- MBA universities abroad generally accept GMAT scores while other institutions also allow the applicants to provide their GRE scores. The applicant will also have to provide the language proficiency test scores of IELTS/TOEFL/PTE, etc. Along with admission essays, SOP, and LOR’s.
Career opportunities
The choice of doing an MBA after an MBBS opens the door to a lot of rewarding careers for you. Somebody who has done MBA after MBBS can not only venture into entrepreneurship or join a Health care company but can also become a part of a consulting firm, etc.
Given below is a list of career that one can opt for after doing an MBA after MBBS:
- Hospital administrator
- Hospital manager
- Emergency specialist
- Consultant for Healthcare licenses
- Medical manager
- Medical director
- Medical facility CFO
- Health information manager
- Policy analyst or researcher
- Pharmaceutical project manager
Moreover, “Medico – Management” can also make you become a part of the product development and management of products that are related to health care.
Top Universities for this Course
MBA is a two-year long course however their Universities that offer a one year MBA as well. to make the best use of the course they obtain it is very essential for the candidate to select a college that adds value to their course.
Given below is a list of some universities that are highly recommended for pursuing in MBA after MBBS:
- Harvard Business School
- Columbia Business School
- UCLA Anderson School of Management
- Northwestern University, Kellogg
- UVA Darden School of Business
- Cornell University, SC Johnson School of Business
- The University of Texas at Austin, the McCombs School of Business
- The University of Washington, Foster School of Business
The salary of an MBA after MBBS
If the salary that an MBA gets after doing MBBS worries you, then given below is a list of all the major courses and the salary scope of them.
| Course | Career scope | The expected salary |
| MD or MS after MBBS | Medical specialist, specialist doctor, research fellows, surgeons | 25,000 to 3,00,000 per month |
| MBA after MBBS | Hospital administrator, hospital manager, Healthcare consultant, health information manager, pharmaceutical project manager | 60,000 INR to 2.5 Lakh per month |
| Masters in health administration | Healthcare Administrators, pharmaceutical reps, medical managers | 2 to 3 Lakh per annum |
| Medical and clinical research | Research associates | 20,000 to 25,000 per month |
Frequently Asked Questions (faqs)
- Why do doctors do an MBA?
A. Doctors usually opt for MBA in order to get a hold in the managerial skills along with business knowledge, having expertise in the medical field. Pursuing an MBA opens up numerous career pathways for doctors as well as give them a better sense of business that can help them venture on a startup of their own and also keep a mastery in the field of their expertise.
- Who earns more doctors or MBA
A.The profession of an MD or doctor is such that their income depends on the professional skills and the attitude they have towards their work. Both of these professionals on additional amount however and MBA personal can really make good fortune if we get the right opportunity and make the right use of it.
- Is an MBA after MBBS a good option?
A.MBA is an option that can make a person enter the management domain with ease. People who are willing to become a part of the hospital management or administration, can easily opt for an MBA after MBBS.
