MBA: The Why, The Whats & The Hows

MBA in Healthcare Management Abroad: Best Colleges, Fees & Salary

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Yocket Editorial Team
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An MBA in Healthcare Management abroad equips professionals with the skills to navigate the complexities of the global healthcare sector, combining business acumen with industry-specific knowledge to lead and innovate in healthcare organisations worldwide. In this blog, we'll explore how pursuing an international MBA in Healthcare Management can open doors to diverse opportunities and provide a competitive edge in the evolving healthcare landscape.

Key Highlights:

  • Top colleges for MBA in Healthcare Management include American Business School (Paris), University of Basel (Switzerland) and Coleman University (USA)
  • The cost of studying for an MBA in Healthcare Management abroad typically ranges from USD 12,000 to USD 55,000 per year, depending on the institution and location.
  • MBA Graduates in Healthcare Management can expect a wide salary range with positions such as Medical Director earning up to ₹1.1 crore annually.

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Table of Content:

 Why Study an MBA in Healthcare Management Abroad?

Essentially, a hospital management degree is an area of study where leadership, administration, finances, hospitality, management, and healthcare services all work together. Pursuing an MBA in Healthcare Management overseas has the following advantages:

  • Excellent job opportunities exist for those who wish to work abroad, including employment with health insurance firms, renowned hospitals, international healthcare organisations, pharmaceutical businesses, and many more.
  • Qualified managers can start their own private hospitals, rehab facilities, consulting firms, and nursing homes.
  • Studying for an MBA in Healthcare Management internationally is beneficial since it enables students to acquire all the skills necessary to work in the public or private sectors.
  • After completing their MBA in hospital management, recent graduates may start working as assistant administrators, consultants, or deputy hospital managers.
  • Professionals can also operate as independent consultants. Additionally, employment is conceivable in any sector that provides general or precise medical/health services.

Top 10 Colleges for MBA in Healthcare Management 

An MBA in Hospital and Healthcare Management offers a broad range of opportunities worldwide. Students pursuing this degree gain expertise in economics, healthcare values, decision-making, and healthcare administration techniques. While the USA is renowned for its MBA programs in Healthcare Management, other popular countries and universities abroad include:

Top Colleges for MBA in Healthcare Management Abroad

Location 

Ranking

Tuition Fees per annum

American Business School

Paris, France

253

USD 28,000 [INR 23,46,400]

University of Basel

Basel, Switzerland

131

USD 32,000 [INR 26,81,600]

Coleman University

San Diego, USA

 

USD 23,000 [INR 19,27,400]

High Point University

Highpoint, USA

501-600

USD 32,000 [INR 26,81,600]

SRH Hochschule Berlin

Berlin, Germany

 

USD 12,000 [INR 10,05,600]

University of Calgary

Calgary, Canada

198

USD 22,000 [INR 18,43,600]

University of Bayreuth

Bayreuth, Germany

527

USD 11,000 [INR 9,22,800]

Westford University College

Dubai, UAE

 

USD 13,000 [INR 10,89,400]

Clarkson University

Potsdam, USA

851-900

USD 28,000 [INR 23,46,400]

Deakin University

Burwood, Australia

197

USD 30,000 [INR 25,14,000]

1. American Business School 

The American Business School (ABS) in Paris offers an MBA in Healthcare Management designed to equip students with skills to manage healthcare organisations effectively. The program focuses on leadership, strategic management, and healthcare innovation. ABS provides a multicultural learning environment in Paris, allowing students to network with international healthcare professionals and access a global perspective on healthcare manageme

Location 

Paris, France

Fees

USD 20,000 - USD 30,000 [INR 16.4 - 24.6 lakhs] per year.

Ranking

253

Salary

USD 50,000 - USD 70,000 [INR 41 - 57 lakhs] per year.

2. University of Basel 

The University of Basel offers a unique MBA in International Health Management. This program focuses on equipping professionals with the skills needed to manage healthcare systems globally. With a curriculum covering health policy, economics, and management, students gain insights into international healthcare practices.

Location 

Basel, Switzerland

Fees

USD 1,500 - USD 2,000

[INR 1.2 - 1.6 lakhs] per year.

Ranking

131

Salary

USD 70,000 - USD 90,000 [INR 57 - 74 lakhs] per year.

3. Coleman University 

Coleman University provides an MBA with a concentration in Health Care Management. The program emphasises the strategic management of healthcare organisations, combining traditional business principles with specialised knowledge in healthcare regulations, policies, and patient care strategies.

Location 

San Diego, California, USA

Fees

USD 15,000 - USD 25,000 [INR 12.3 - 20.5 lakhs] per year.

Salary

USD 50,000 - USD 70,000 [INR 41 - 57 lakhs] per year.

4. High Point University

High Point University’s MBA in Healthcare Management prepares students to lead within healthcare institutions. The curriculum is designed to address contemporary healthcare challenges, focusing on leadership, financial management, and healthcare policy.

Location 

High Point, North Carolina, USA

Fees

USD 35,000 - USD 40,000 [INR 28.7 - 32.8 lakhs] per year

Ranking

501-600

Salary

USD 50,000 - USD 70,000 [INR 41 - 57 lakhs] per year.

5. SRH Hochschule Berlin 

SRH Hochschule Berlin offers an MBA in International Healthcare Management, designed to develop leadership and management skills specific to the healthcare industry. The program provides a global perspective, encouraging innovation, quality management, and international healthcare systems.

Location 

Berlin, Germany

Fees

USD 7,000 - USD 12,000 [INR 5.7 - 9.8 lakhs] per year.

Salary

USD 45,000 - USD 65,000 [INR 37 - 53 lakhs] per year.

6. University of Calgary 

The University of Calgary’s Haskayne School of Business offers a specialisation in Healthcare Management within its MBA program. The course addresses the unique challenges of the healthcare industry, focusing on leadership, policy, and strategic decision-making.

Location 

Calgary, Alberta, Canada

Fees

USD 20,000 - USD 30,000 [INR 16.4 - 24.6 lakhs] per year.

Ranking

198

Salary

USD 60,000 - USD 80,000 [INR 49 - 66 lakhs] per year.

7. University of Bayreuth 

The University of Bayreuth’s MBA in Healthcare Management program is tailored for professionals looking to advance in healthcare leadership roles. The program combines management principles with a deep understanding of the healthcare industry.

Location 

Bayreuth, Germany

Fees

USD 1,500 - USD  3,000 [INR 1.2 - 2.5 lakhs] per year.

Ranking

527

Salary

USD 50,000 - USD 70,000 [INR 41 - 57 lakhs] per year.

8. Westford University College 

Westford University College offers an MBA in Health, Safety, and Environment Leadership, aimed at developing leaders who can manage the complexities of healthcare organisations while ensuring safety and regulatory compliance.

Location 

UAE

Fees

USD 6,000 - USD 12,000 [INR 4.9 - 9.8 lakhs] per year.

Salary

USD 40,000 - USD 60,000 [INR 33 - 49 lakhs] per year.

9. Clarkson University 

Clarkson University offers an MBA with a concentration in Healthcare Management. The program is designed for professionals seeking leadership roles in healthcare, with a focus on managing healthcare systems, policy, and innovation.

Location 

Potsdam, New York, USA

Fees

USD 55,000 - USD 60,00 [INR 45.1 - 49.2 lakhs] per year.

Ranking

851-900

Salary

USD 65,000 - USD 85,000 [INR 53 - 70 lakhs] per year.

10. Deakin University

Deakin University’s MBA (Healthcare Management) prepares students to take on leadership roles in the healthcare sector. The program emphasises contemporary management practices, healthcare policy, and strategic leadership within the health industry.

Location 

Melbourne, Australia

Fees

USD 25,000 - USD 35,000 [INR 20.5 - 28.7 lakhs] per year.

Ranking

197

Salary

USD 55,000 - USD 75,000 [INR 45 - 61 lakhs] per year.

Suggested: Highest Paying MBA Specializations

Eligibility Criteria and Admission Requirements for MBA in Hospital Management Colleges Abroad

Globally, many top colleges are offering an MBA in healthcare management, but each has its requirements to take admissions efficiently. So in this bit, we will discuss the common eligibility and requirements specified by universities for international students. They are:

  • Bachelor's Degree: With a cumulative GPA of 50% or more, students with a graduation degree in any field - B. Pharm., BE, B. Tech., B.Sc., etc can enrol in the four-semester MBA program in healthcare management abroad.Work Experience: Students who wish to enrol in an MBA program in hospital management must have two to three years of relevant job experience.
  • English Language Proficiency Score: International students enrolled in study abroad programs must take the TOEFL, IELTS, or other mandatory English language competence exam. A minimum TOEFL score of 87 and an IELTS score of 7.5 are needed for admission to prestigious international universities.
  • Entrance Exams: To be admitted to the best MBA programs at hospital management institutes abroad, students must pass any applicable MBA entrance examinations, such as the MAT, CAT, XAT, ATMA, SNAP, and CMAT.
  • Student Visa: Only students who have verified their enrollment at an officially recognized university for a predetermined amount of time are eligible for a student visa. Each country will have its specific terms and types of visas for students, but non-immigrant study visas may be required.

Documents Required for MBA in Hospital Management Abroad

Students must retain all relevant documentation when applying for admission to an MBA program in hospital management and submit it to be admitted. These include transcripts, statement of purpose and other documents, such as:

  • Academic Transcripts
  • Work Experience Documents (If applicable)
  • Birth Certificate
  • Entrance Exam Scorecard
  • Updated Resume
  • Domicile Proof
  • SOP
  • LOR
  • Passport Size Photographs
  • GRE Score (optional)
  • Valid Passport

Country-wise Cost of MBA in Healthcare Management: Tuition Fees & Living Costs

An MBA in hospital management overseas can include an array of scopes, depending on the university and the country. Tuition and living expenses while studying for an MBA in hospital management are usually included in the cost of the program.

Country

Average Tuition Fees (Year)

Monthly Rent Cost

Monthly Utilities Cost

USA

USD 12,740 - 55,890 (INR 10,59,750 - 46,49,110)

EUR 500 - 3,500 (INR 45,470 - 3,18,330)

EUR 185 (INR 16,830)

United Kingdom

EUR 10,000 - 40,000 (INR 9,09,560 - 36,38,240)

GBP 719 - 855 (INR 75,790 - 90,130)

GBP 131 (INR 13,809)

Canada

CAD 40,000 - 100,000 (INR 24,86,220 - 62,15,540)

CAD 190 - 531 (INR 11,810 - 33,000)

CAD 129 (INR 8,020)

Australia

AUD 40,000 - 60,000 (INR 22,36,790 - 33,55,190)

AUD 273 - 864 (INR 15,270 - 48,330) 

AUD 133 (INR 7,440)

Germany

EUR 30,000 - 50,000 (INR 27,27,790 - 45,46,320)

EUR 248 - 785 (INR 22,560 - 71,400)

EUR 130 (INR 11,820) 

France

EUR 40,000 (INR 36,37,050)

EUR 236 - 540 (INR 21,460 - 49,120)

EUR 83 (INR 7,550)

Scholarships to Study MBA in Hospital Management Abroad

An MBA can be an expensive degree. However, numerous academic institutions provide MBA scholarships to international students wishing to study an MBA program in hospital management to alleviate the financial burdens. Some of them include:

Name of the Scholarship

Eligibility Criteria

Benefits

Global Study Awards

A merit-based scholarship goes to 2 students for each academic year. Students are required to display a solid promise to develop their careers.

The maximum individual award is GBP 10,000 (INR 10,53,840)

Central Sector Scheme of National Overseas Scholarship

This scholarship provides financial help to selected students pursuing their master’s program abroad from accredited universities.

The maximum scholarship per student is USD 33,800 (INR 28,11,430).

Go Clean Scholarship

Students planning to pursue an MBA are eligible to apply for the Go Clean Scholarship. For students to win this merit-based scholarship, they must write an essay on “How to keep the environment green and clean.”

Value of USD 3,500 (INR 2,91,120)

Jobs and Salary After MBA in Hospital Management Abroad

With a vast and constantly expanding employment scope, an MBA in hospital management abroad is highly sought after due to the rapid expansion of the healthcare industry in tandem with population growth. Here is a list of some of the well-liked career paths available to course graduates who succeed:

Job Positions

Average Annual Salary in INR

Hospital Manager

₹18,00,000 to ₹24,00,000

Medical Director

₹90,00,000 to ₹1,10,00,000

Chief Nursing Officer

₹87,00,000 to ₹1,05,00,000​

Pharmaceutical Production Manager

₹10,00,000 to ₹18,00,000

From the Desk of Yocket

So, that was all about acquiring an MBA in healthcare management. Indeed, it's a unique course. Studying abroad will enable foreign students to categorise global healthcare system processes into comparable and dissimilar categories. Students who acquire this global perspective will be ready to start working practically anywhere globally. The universities that offer an MBA in healthcare management are many, and the salaries earned by graduates in this field are decent.

Get in touch with our Yocket professionals to learn more about the most sought-after MBA programs worldwide. Get start-to-finish study abroad counselling on everything involved in flying to your dream country and studying at your dream university.

 

Frequently Asked Questions about MBA in Hospital Management Abroad

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What are some of the top job options in hospital management abroad?

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