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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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] |
|
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] |
|
Berlin, Germany |
|
USD 12,000 [INR 10,05,600] |
|
|
Calgary, Canada |
198 |
USD 22,000 [INR 18,43,600] |
|
|
Bayreuth, Germany |
527 |
USD 11,000 [INR 9,22,800] |
|
|
Westford University College |
Dubai, UAE |
|
USD 13,000 [INR 10,89,400] |
|
Potsdam, USA |
851-900 |
USD 28,000 [INR 23,46,400] |
|
|
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.
