Out of all the other specializations, MBA in healthcare management in Canada occupies an important place. The reason being the high demand of healthcare professionals today having leadership and management skills. In this blog we have curated a complete guide to pursing MBA in hospital management in Canada including top universities, eligibility criteria, admission process, fees, MBA in hospital management in Canada salary and much more.
Why Study MBA in Healthcare Management in Canada?
Let us first go through the benefits of pursuing MBA in healthcare management in Canada at the beginning of our discussion:
- The curriculum of MBA healthcare management Canada focuses on identifying the interdisciplinary elements required to design, implement and manage health systems. This helps the students to incorporate evidence-based decision-making practices in healthcare
- Healthcare in Canada is around 200 billion sector and one of the largest employers. It is growing at a faster rate with unique management challenges. An MBA in Health Management provides you with the expertise to pursue a career in this vital sector.
- MBA in hospital management in Canada being an executive-level course guarantees a high return on investment to the graduates as compared to a regular MBA in Canada.
Eligibility Criteria for MBA in Healthcare Management in Canada
The requirements to study MBA in healthcare management in Canada is different for different universities. However, the basic ones remain the same. They include:
- Undergraduate Degree
- GMAT Score
- Language Requirement
- Work Experience
- Passport and Visa
Let us discuss each eligibility criteria one by one:
Undergraduate Degree
An undergraduate degree in business, completed within the past 10 years with a grade point average (GPA) of 3.0 or higher for the last 60 credits taken is the first and foremost requirement to pursue MBA in hospitality management in Canada.
GMAT Score
The business schools in Canada ask for a minimum GMAT score of 550 and above for admission to all MBA courses including MBA in hospital management.
Language Requirement
The English proficiency test is mandatory for all international students to get admission to the universities of Canada. Minimum scores as per the tests are:
Work Experience
Work experience of 3 to 5 years in the medical field is an important requirement to pursue MBA in hospital management in Canada. Do check the official university website to gather more information about the same.
Passport and Visa
A valid passport and student visa are a must for all international students to study any course at any university in Canada. Do keep in mind to apply for your visa at least 3 months prior to the expected date of travel.
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Documents Required for MBA in Healthcare Management in Canada
Admission to MBA in healthcare management courses in Canada requires a set of documents. Some of the common document requirements are mentioned below:
- Transcripts of all educational qualification
- CV or Resume
- LOR or Letter of Recommendation
- SOP or Statement of Purpose
- Scorecards of GMAT/IELTS/TOEFL/PTE
- Work experience certificate
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Admission Process for MBA in Hospital Management in Canada
A step by step guide to apply at different MBA in hospital and healthcare management in Canada is as follows:
- Finalize the course that you want to pursue and check for the best university offering that course.
- Visit the official university website and collect all data relating to eligibility and the admission process.
- Upload scanned copies of all the required documents (transcripts, CV, GMAT/IELTS/TOEFL scorecards)
- Fill the desired application form and pay the fee.
- Go through an interview with the respective university directors. This is a great opportunity to display your soft skills and presence of mind.
- Once you receive the conditional offer letter after clearing your interview, you may book your seat at the particular university.
- Pay your deposit by agreeing to the terms and conditions of the university. The deposit here is non-refundable.
Cost of Studying MBA in Healthcare Management in Canada
The cost to pursue MBA healthcare courses in Canada varies across universities. Broadly the overall cost can be divided into two categories: tuition fees and cost of living.
Tuition Fees
Studying at healthcare management colleges in Canada varies in accordance with the programs and universities you choose. On average, the MBA in hospital management in Canada fees can be anywhere between 40,000 CAD to 100,000 CAD per year.
Cost of Living
The cost of living in Canada depends upon your lifestyle and preferences. An estimated cost for international students is 900 CAD - 1500 CAD per month. It covers all amenities like housing, food, travel, stationery, recreational activities, etc.
Top Universities for MBA in Healthcare Management in Canada
There are a number of distinguished universities that offer MBA specializing in healthcare management in Canada. The top ones are:
- University of Toronto
- University of Alberta
- University of York
- Brock University
- Athabasca University
Let us now discuss each university one by one:
University of Toronto
The MBA in hospital administration in Canada at Rotman School of Management under University of Toronto combines core management skills with healthcare ethics. This unique healthcare and life sciences-specific MBA specializes in leadership, practical education and hands-on experience. It is an 18 month long Global Executive MBA with a curriculum designed for professionals in healthcare.
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|
Program Offered |
Global Executive MBA in Healthcare and the Life Sciences |
Average Fees Per Year |
115,000 CAD |
University of Alberta
MBA in hospital and healthcare management in Canada at Alberta School of Business helps in building the general awareness of the healthcare system during the first year of the course. In the second phase of the program, the focus is laid on the public sector wherein the students learn to analyze some important public policies. It is targeted at students with prior experience in provincial, municipal or non-profit organizations.
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Program Offered |
MBA in Public Sector and Healthcare Management |
Average Fees Per Year |
58,000 CAD |
University of York
Schulich School of Business at the University of York offers 17 areas of specializations for its MBA program. Out of which MBA healthcare Canada is one of them. The program is structured on management fundamentals, intellectual content and career-based development delivered through an industry-focused curriculum. It helps students to students to leverage their learnings and pursue exciting career opportunities in the dynamic health management sector.
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|
Program Offered |
MBA in Health Industry Management |
Average Fees Per Year |
78,000 CAD |
Brock University
Brock University’s Depart of Health Sciences along with the Goodman School of Business offers an integrated MBA in healthcare management in Canada. This concurrent program is designed for both private and public health professionals and recent post-graduate students looking for a professional career in public health administration. Graduates find employment in a variety of leadership roles in business and health organizations.
1201-1400 |
|
Program Offered |
Master of Public Health (MPH) and Master of Business Administration (MBA) |
Average Fees Per Year |
45,000 CAD |
Athabasca University
Athabasca University in collaboration with the Canadian College of Health Leaders (CCHL) conducts an online MBA in hospital management in Canada program. CCHL is a national, non-profit, professional association that works towards developing, promoting, and recognizing excellence in health leadership. Through its Online MBA program, the students can earn both an MBA and the Certified Health Executive (CHE) designation in Canada.
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|
Program Offered |
Online MBA for Health Leaders |
Average Fees Per Year |
50,000 CAD |
Scholarships for MBA in Healthcare Management in Canada
Managing your MBA in hospital management in Canada fees is never an issue because you have the option to opt for scholarships. Canadian business schools offer a wide range of scholarships to international students to fund their MBA. Some of them are:
Scholarship Name |
Awarded to |
Canadian Business Leader Award for Leadership Excellence |
Awarded annually to a student registered in the final year of an MBA program on the basis of strong merit and leaderships traits and participation in extra-curricular and community activities.
Amount/ Benefit: 1,000 CAD Annually |
Radhe Gupta International MBA Exchange Award |
Open to incoming international exchange students from India with satisfactory academic standing entering their final year of any MBA program in the Alberta School of Business. Selection based on demonstrated leadership in the student's community.
Amount/ Benefit: 1,250 CAD |
Goodman Scholarship Program |
Students at Goodman School of Business with exceptional academic records and displaying strong leadership and community engagement skills.
Amount/ Benefit: 3,000 CAD |
AIMCo Scholarship |
Awarded annually to a meritorious student specializing in finance who is registered full-time in year one or year two of an MBA program at the Alberta School of Business and a student specializing in finance who is registered full-time in year one or year two of an MBA program at the Haskayne School of Business in Calgary.
Awards/Benefits: CAD 10,000 |
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Jobs after MBA in Healthcare Management in Canada
In comparison to MBA in hospital management in Canada fees, the return of investment is pretty decent in terms of average salaries. Graduates with MBA in hospital management have the opportunity to land in reputed jobs with high salaries. Some popular jobs with their estimated salary packages are discussed below:
Job Title |
Average Salary Per Month |
Director of Medical Records |
120,000 CAD - 150,000 CAD |
Operation Manager |
85,000 CAD - 100,000 CAD |
Practice Administrator |
85,000 CAD - 90,000 CAD |
Assistant Hospital Administrator |
80,000 CAD - 105,000 CAD |
Directory of Laboratory |
85,000 CAD - 120,000 CAD |
Healthcare being a huge sector needs certain managerial tactics for its smooth functioning. An MBA in healthcare management is the key to acquiring the required knowledge and skills to contribute effectively towards the betterment of healthcare in the world. Apart from MBA, there are courses on Masters in Healthcare Management in Canada too that is popular amongst international students.