Sounak Banerjee Associate Content Manager
Associate Content Manager
Students can absolutely study MBA after MBBS. MBBS is a graduate degree course and thus makes the students eligible to study MBA. MBA after MBBS is an excellent course choice for doctors as it allows them to shift towards a career in healthcare administration and management.
MBA is a well-chosen course option for people who want to use their managerial skills to advance in their careers. MBA after MBBS will help to land top executive positions in the Medical Industry which makes it a good career option.
Check Out: MBA Admission
Candidates need to pass MBA Entrance exams like CAT, MAT, XAT etc to gain admission in the MBA program or apply to IIM after MBBS. The student must have more than 50% aggregate score in graduation.
There are a lot of MBA specializations after MBBS which might interest a student coming from a medical background like MBA Healthcare Management, MBA Hospital Management, MBA Healthcare, and Hospital Management, MBA Hospital Administration, etc.
Students also have the option of doing their MBA after MBBS degree through MBA Distance Education or MBA Online depending on the preference of the student. The student will have to pay only a fraction of the fee cost and while doing it from their homes.
MBBS+MBA Course Highlights
Particulars | MBBS | MBA |
---|---|---|
Full-Form | Bachelor of Medicine, Bachelor of Surgery | Master of Business Administration |
Duration | 5.5 years | 2 years |
Average Fee | 10,000-6,00,000 | 60,000 - 6,00,000 |
Eligibility | 50% or above in 10+2 in PCM/PCB with English as a mandatory subject | 50% or above in Graduation of any stream. |
Average Placements | 5,00,000-8,00,000 | 10,00,000-14,00,000 |
Entrance Exams | NEET | CAT, MAT, XAT, SNAP, GMAT, NMAT and others |
MBA after MBBS Admission Process
MBBS candidates are eligible for MBA Entrance Exams like CAT, MAT, XAT, etc. After the Entrance Exams, the candidates must sit for a personal interview. The candidate may also be asked about the basics of quantitative analysis, and extracurricular activities, long-term aspirations, etc. A Written Ability Test (WAT) can be practiced through Regular newspaper column reading.
MBA after MBBS Eligibility
The eligibility criteria that all candidates must follow in order to be eligible for MBA after MBBs are mentioned below:
- Candidates applying for an MBA course must have completed their graduation. So for pursuing MBA after MBBS, an MBBS degree is considered valid for MBA admissions.
- The college or university that has granted the MBBS degree must be recognized by the University Grants Commission (UGC) and the Medical Council of India (MCI).
- Most of the MBA colleges in India require applicants to have scored at least 45% - 50% aggregate marks in their graduate degree which is similar to MBA after MBBS.
- In addition, colleges also require candidates to have received a passing score in all of their graduation subjects.
- Some MBA courses may require candidates to have certain years of work experience for doing an MBA after an MBBS. This is especially true if you are going for a Part-Time MBA or an Executive MBA course.
- Eligible candidates may also be required to qualify for an MBA entrance exam. Depending on the requirement specified by their college, candidates may have to appear for an exam such as CAT, CMAT, GMAT, XAT etc. Some MBA colleges also offer merit-based admissions on marks in graduation.
Check Out: How to select Top B-Schools in India?
MBA Entrance Exams
Exam Name | Registration Date | Exam Date | Result Date |
---|---|---|---|
MAH CET | March 2023 – May 2023 | March 18-19, 2023 | September 2023 |
ATMA | December 24, 2022 – February 17, 2023 |
February 25, 2023 (February session) May 28, 2023 (May session) July 23, 2023 (July session) |
March 2, 2023 (February session) |
CAT | August 3, 2022 – September 14, 2022 | November 27, 2022 | December 21, 2022 |
CMAT | December 26, 2022 – February 25, 2023 | March 26, 2023 | April 28, 2023 |
GMAT | Throughout the year | Throughout the year | Depending on the Exam |
MAT |
PBT Mode: February 14, 2023 (Last Date) CBT 1 Mode: February 21, 2023 (Last Date) CBT 2 Mode: February 27, 2023 (Last Date) |
PBT Mode: February 19, 2023 CBT 1 Mode: February 26, 2023 CBT 2 Mode: March 4, 2023 |
To be Announced |
NMAT | August 1, 2022 – October 10, 2022 | October 10, 2022 – December 19, 2022 | Within 48 hours of exam delivery |
SNAP | August 4, 2022 – November 24, 2022 | December 10, 2022 December 18, 2022 December 23, 2022 |
January 10, 2023 |
XAT | August 10, 2022 – December 12, 2022 | January 8, 2023 | January 28, 2023 |
Benefits of MBA after MBBS
There are many advantages of studying MBA after MBBS, some of them are mentioned below:
- The increase in the number of health care centers and institutions has increased the employment chances in the hospital management and administration. Thus, an MBA degree would help the candidates explore opportunities in Healthcare management.
- It also provides a huge boost in the pay package. An MBBS doctor in India earns INR 300,000 per annum according to payscale, but an MBA graduate in Hospital Management will earn INR 660,000 per annum.
- Students who are interested in developing entrepreneurial skills can go to study at IIM after MBBS or do MBA from any top B-School in India.
- It allows the student to stand out from the herd that has done MBBS and gives the student the opportunity to have a bigger influence in the Healthcare industry.
- MBA after MBBS allows one to run a hospital instead of just working in it. The person gets the chance to become the boss and deliver quality services to the patients while managing the administration and operations of a hospital.
- It also allows the candidates to avoid competition for PG courses in medical (around 160,000 appear for NEET PG every year) and take up a comparative niche career option with a similar pay package.
MBA after MBBS Colleges in India
College Name | Fees (INR) |
---|---|
Lovely Professional University | 2,32,000 |
IIHMR | 5,80,000 |
Hindustan Institute of Technology and Science | 2,53,000 |
DY Patil University’s School of Management | 4,20,000 |
Sanskriti University | 1,15,000 |
Galgotias University School of Business | 1,59,000 |
SBM | 1,78,500 |
GITAM Institute of Management | 1,80,000 |
TMIMT | 1,38,600 |
Rathiram Institute of Management | 1,20,000 |
Royal Global University | 2,47,000 |
MMU | 1,28,500 |
UPES | 9,70,000 |
Asia Pacific Institute of Management | 12,21,400 |
See More:
Top MBA Colleges in Kolkata | Top MBA Colleges in Delhi | Top MBA Colleges in Mumbai |
Top MBA Colleges in Pune | Top MBA Colleges in Bangalore | Top MBA Colleges in Hyderabad |
MBA after MBBS in IIMs
Choosing IIM over other MBBS Colleges offers better opportunities for the students. The list of all IIMs in India along with NIRF Colleges Rankings, location, fees, and placements are mentioned below:
College Name | Location | Fees (INR) | Average Placement (INR) |
---|---|---|---|
IIM | Ahmedabad | 23 Lakhs | Check Placement Report |
IIM | Bangalore | 23 Lakhs | Check Placement Report |
IIM | Kolkata | 27 Lakhs | Check Placement Report |
IIM | Lucknow | 10 Lakhs | Check Placement Report |
IIM | Kozhikode | 8.75 Lakhs | Check Placement Report |
IIM | Indore | 7.86 Lakhs | Check Placement Report |
IIM | Tiruchirapalli | 9.15 Lakhs | Check Placement Report |
IIM | Udaipur | 3.08 Lakhs | Check Placement Report |
IIM | Raipur | 7.28 Lakhs | Check Placement Report |
IIM | Ranchi | 7.8 Lakhs | Check Placement Report |
IIM | Rohtak | 8.35 Lakhs | Check Placement Report |
IIM | Shillong | 10 Lakhs | Check Placement Report |
IIM | Kashipur | 6.27 Lakhs | Check Placement Report |
IIM | Nagpur | 7.42 Lakhs | Check Placement Report |
MBA after MBBS: Specializations
The MBA specializations in which students will be interested when going for MBA after MBBS are mentioned below:
Specialisation Course Name | Specialization Course Description | Top Colleges |
---|---|---|
MBA Healthcare Management | Candidates of the MBA Healthcare Management course are qualified to manage diverse roles of leadership, management, and administration in the Healthcare sector. | Check Top Colleges |
MBA Hospital Management | MBA Hospital Management is designed to equip students with advanced business management skills required to organize and regulate complex healthcare delivery systems. | Check Top Colleges |
MBA Healthcare and Hospital Management | MBA Healthcare and Hospital Management focus on the management of healthcare and hospital facilities with a curriculum designed keeping in mind the rapidly expanding healthcare sector. | Check Top Colleges |
MBA Hospital Administration | MBA Hospital Administration has been designed to offer to students a solid background in business management coupled with healthcare administration. | Check Top Colleges |
MBA Healthcare Administration | MBA Healthcare Administration course enables you to get advanced knowledge about the healthcare sector along with managerial skills. | Check Top Colleges |
PG Diploma in Hospital and Health Management | PGD in Hospital and Health Management course aims to train candidates to adequately acquire theoretical knowledge and develop practical skills to apply a scientific approach. | Check Top Colleges |
MBA after MBBS: Course Comparisons
Top MBA Specialisations are compared along with eligibility, fees, and colleges.
Particulars | MBA Healthcare Management | MBA Hospital Management | MBA Hospital Administration |
---|---|---|---|
Course level | Post-graduation | Post-graduation | Post-graduation |
Eligibility | Bachelor’s degree in any discipline with 50% aggregate marks | Bachelor’s degree in any discipline with 50% aggregate marks | Bachelor’s degree in any discipline with 50% aggregate marks |
Duration | 2 years | 2 years | 2 years |
Colleges | KJ Somaiya Institute of Management, Chitkara University, Lovely Professional University, The Prestige Institute of Management and Research, M.P. Birla Institute of Management | Gitam Institute Of Management - [Gim] , Teerthanker Mahaveer Institute Of Management And Technology - [Tmimt], Measi Institute Of Management Royapettah, Isme School Of Management & Entrepreneurship | All India Institute f Medical Sciences [AIIMS] , Armed Forces Medical College [AMFC] , Amity University , SRM University Kattankulathur Campus , Siksha ‘O’ Anusandhan University |
MBA from Abroad after Completing MBBS in India
After completing MBBS which is an undergraduate degree, students are eligible to apply for MBA abroad.
Check Out: MBA Abroad
Students should check the eligibility for MBA abroad that is mentioned below:
- Academic Requirements: Any candidate willing to pursue MBA abroad must possess a bachelor's degree in business or any related field of study from any recognized university.
- Work experience: For pursuing MBA in India requires a minimum work experience of 2 years, whereas pursuing an MBA abroad requires an experience of 3 to 5 years. However, universities like Anglia Ruskin University, Coventry University, University of West London, etc consider admission to MBA Abroad without work experience.
- Language Proficiency: One of the vital MBA Abroad criteria is to be proficient in the language of the specific country from where one wants to pursue their MBA.
Top Global colleges for MBA from abroad after completing MBBs in India, along with location and fees are mentioned below:
University Name | Location | Annual Average Cost INR (USD) |
---|---|---|
The Wharton School | United States | 1,23,79,221 (162,756 USD) |
Stanford Graduate School of Business | United States | 1,13,64,276 (149,412 USD) |
INSEAD | Singapore | 76,05,000 (100,000 USD) |
MIT Sloan | United States | 1,17,38,760 (154,336USD) |
Harvard Business School | United States | 1,11,71,692 (146,880 USD) |
London Business School | United Kingdom | 82,90,540 (109,000 USD) |
HEC Paris | France | 49,19,000 (63,947 USD) |
The University of Chicago Booth School of Business | United Kingdom | 91,26,000 (120,000 USD) |
Haas School of Business | United States | 87,45,750 (115,000 USD) |
Kellogg School of Management | United States | 57,03,750 (75,000 USD) |
MBA after MBBS in UK has huge benefits for students who wish to pursue it. Another options include MBA after MBBS in Canada and USA.
MBA after MBBS in UK
UK has a 1 year MBA Course for MBBS students. An MBA course in the UK is a good decision for freshers since they accept a lot of students who have no work experience. The basic requirements to apply for a good Business School would cover:
- An exam score of the GMAT Exam.
- Universities ask for MBA Essays according to their liking.
- Recommendation Letters from previous academic institutes or workplaces.
There has been a continuous rise in the number of international students enrolling for MBA in UK Once these documents are approved by the admission committee, the candidates are called to the University for conducting a face-to-face interview.
MBA after MBBS in Canada
Canada has a lot of opportunities for MBA students who have completed their MBBS Programs. Masters in Health Administration is a masters-level professional program offered at top universities in Canada for working professionals with experience in the healthcare sector. In addition to other MBA Programs, health administration is also available as a specialization of MBA in Canada.
Read More:
Top Business Colleges In Usa | Top Business Colleges In Canada |
Top Business Colleges In Uk | Top Business Colleges In Germany |
Top Business Colleges In Australia |
MBA after MBBS in USA
USA has one of the best institutions to study Business Administration in the world. The Top 3 Universities in the MBA Rankings by QS comes from the US. Although MBA is the main focus of these top universities, they also provide Undergraduate and postgraduate degrees in certain cases. Top 5 US MBA colleges are listed below along with their Global MBA Rankings and the types of degrees offered are listed below:
University name | QS Global MBA Rankings | Salary Increase (%) Post MBA |
---|---|---|
Wharton School University of Pennsylvania | 1 | 107 |
Stanford Graduate School of Business | 2 | 117 |
MIT Sloan | 3 | 119 |
Harvard Business School | 5 | 110 |
Chicago Booth | 8 | 123 |
See More: Best Business Schools in USA
Scope of MBA after MBBS in India
Students after completing MBA after MBBS have a huge scope. After inculcating managerial skills and business knowledge the doctors are able to expand their horizons. Some of the scope that MBA, after MBBs provide, are:
Fellow in Clinical Research | Consultant for Healthcare Licenses |
Hospital Administrator | Hospital Manager |
Health Information Manager | Pharmaceutical Project Manager |
Healthcare Consultant | Medical Facility CFO |
Policy Analyst or Researcher | Medical Director |
MBA after MBBS Salary And Jobs
Students after completing MBBS+MBA get well-paid jobs depending on the MBA specialization pursued. Some of the MBA Jobs available after completing MBA after MBBs are mentioned below:
Jobs | Job Description | Salary |
---|---|---|
Healthcare Finance Managers | Responsible for overseeing the day to day financial activities of healthcare institutions and are responsible for budgeting, financial planning, financial analysis, and reporting of daily financial activities. | INR 9,56,500 |
Medical and Health Service Management | Responsible for planning, directing and coordinating all the healthcare services provided by the healthcare service provider to ensure timely and efficient delivery of services. | INR 12,87,600 |
Hospital Administrators | Responsible for ensuring that the services provided by their healthcare institution run smoothly and effectively, and patients receive timely treatment. | INR 4,14,500 |
Medical Director | They take care of any kind of grievances any patient might have and are responsible for the assignment of staff for each patient. Medical directors are often in charge of medical ethics and they look after maintaining transparency in the organization they work in. | INR 2,08,250 |
Blood Bank Administrator | Responsible for proper evaluation of inventory and coordinating all operational functions of a blood bank. | INR 10,69,120 |
HR Recruiter | HR Recruiters at medical facilities are responsible for maintaining a healthy atmosphere at the workplace and they also ensure that the staff abides by the rules and regulations of the facility and that medical staff carries out their duties ethically and responsibly. | INR 1,94,300 |
MBA after MBBS: FAQs
Ques. Is MBA after MBBS a good option?
Ans. Yes, MBA after MBBS is a good option as it provides better job opportunities and open doors to pursue a career in management.
Ques. Can I do MBA after MBBS?
Ans. Yes, anyone can do MBA after MBBS. MBA after MBBS allows one to penetrate in the hospital administration and hospital management fields. Moreover, MBA after MBBS graduates become the preferred choice of top medical companies Philips Healthcare, GE Healthcare, Medtronic, etc
Ques. Which is better MBBS or MBA?
Ans. MBBS is a graduate-level medicine course, whereas MBA is a post-graduate level management course. After graduating in the medical field you may opt for MBA in hospital management or opt for MD or MS (post-graduate level).
Ques. Should a doctor do an MBA?
Ans. Many doctors are applying to MBA programs to gain knowledge of business and improve their managerial skills. Doctors choose to enroll in business school for many reasons. Some of them are asked to take on managerial responsibilities within the hospital.
Ques. Which is best after MBBS?
Ans. Some of the options which are best after MBBS are:
- M. Tech in Biomedical Engineering and Biological Sciences.
- Masters in Hospital Administration.
- MS in Microbiology.
- MS in Clinical Pathology.
- Diploma in Health Education.
- Diploma or Masters (MS) in Occupational Health.
- Diploma in Obstetrics & Gynaecology.
- Diploma in Physical Medicine & Rehabilitation.
Ques. Is MBA a doctorate degree?
Ans. The two degrees DBA and MBA sound pretty similar. And some companies indeed treat both an MBA and a doctoral program as equally valuable qualifications for an employee. There are, however, important differences between a Master of Business Administration (MBA) and a Doctor of Business Administration (DBA).
Ques. Do MBA graduates make more money?
Ans. Compensation projections published by the National Association of Colleges and Employers predict that the average starting salary for MBA grads in the class of 2021 will be higher than the average starting salary projection for grads with a bachelor's degree in business.
Ques. Is MBBS a good choice?
Ans. There are good job and career opportunities for the students after getting the degree in medicine as a doctor. It is a professional field with 100% job placement. No one in the country, who has an MBBS degree and has no job. Students can also go for the government jobs as a doctor or join a private health firm.
Ques. Is MBBS enough to be a doctor?
Ans. The medical commission, which will replace the controversial Medical Council of India, says a national test is a must for practicing and for post-graduate studies. The NationalEligibility-cum-Entrance Test (NEET) will not be enough for one to become a doctor or pursue higher medical education.
Ques. What are some of the fields you can go into after doing MBA and MBBS?
Ans. As an MBA, done after MBBS, you can work in countless fields such as hospitals, healthcare institutions, IT, Pharmaceutics and also in Rural Healthcare Institutions controlled by the government.
Ques. Can I crack NEET in 6 months?
Ans. Candidates can divide the time for each section and set a goal for each day. The study timetable to prepare for NEET in 6 months should include covering a topic, mock test practice, and analysis of mistakes. Do not make far-fetched goals but the ones that seem realistic and give you space to understand each topic
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