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MBA in Health Care Management at Lorven International Institute of Management Studies
Bengaluru, Karnataka
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About the Specialization
What is Health Care Management at Lorven International Institute of Management Studies Bengaluru?
This Healthcare Management program at Lorven International Institute of Management Studies focuses on equipping students with crucial administrative, operational, and strategic skills needed to lead in India''''s rapidly evolving healthcare sector. It addresses the unique challenges and opportunities within the Indian healthcare landscape, from urban hospitals to rural health initiatives, preparing professionals for a dynamic and service-oriented industry. The program differentiates itself by blending core business principles with specialized healthcare knowledge to foster effective leaders.
Who Should Apply?
This program is ideal for a diverse group including fresh graduates from science, commerce, or medical backgrounds seeking entry into healthcare administration roles. It also suits working professionals such as doctors, nurses, or allied health personnel looking to transition into management, and individuals from other sectors aiming for a career change into the growing healthcare industry. A strong interest in public health and a commitment to improving healthcare delivery are beneficial prerequisites.
Why Choose This Course?
Graduates of this program can expect to pursue rewarding career paths in India such as Hospital Administrator, Healthcare Consultant, Medical Practice Manager, Public Health Manager, or Health Information Manager. Entry-level salaries typically range from INR 4-7 lakhs per annum, with experienced professionals earning upwards of INR 10-25 lakhs, depending on the organization and role. The program helps align with certifications from professional bodies like the Association of Healthcare Providers India (AHPI) for enhanced career prospects.
Student Success Practices
Foundation Stage
Master Core Business Principles- (Semester 1-2)
Dedicate significant effort to foundational MBA subjects like Financial Management, Marketing, and Operations. Leverage online tutorials and practice problems to solidify understanding. Form study groups to discuss concepts and prepare for exams effectively, building a strong base for healthcare leadership.
Tools & Resources
NPTEL modules, Khan Academy, Financial news platforms (e.g., Economic Times)
Career Connection
A strong understanding of core business functions is indispensable for effective decision-making and cross-functional leadership in any healthcare management role in India.
Develop Robust Data Analysis & Research Skills- (Semester 1-2)
Excel in Business Statistics and Research Methodology. Practice using tools like MS Excel for data manipulation and visualization. Undertake small research projects to hone data collection, analysis, and interpretation skills, which are critical for evidence-based decision-making in healthcare management.
Tools & Resources
Microsoft Excel, SPSS (basic), Research papers on healthcare topics
Career Connection
These skills are vital for roles involving healthcare analytics, market research, and strategic planning within hospitals or public health organizations in India.
Cultivate Professional Networking- (Semester 1-2)
Attend all institutional guest lectures by healthcare professionals. Connect with alumni working in the healthcare sector on LinkedIn. Actively participate in student clubs related to management or healthcare to expand your professional circle and gain industry insights.
Tools & Resources
LinkedIn, College alumni database, Industry webinars/conferences
Career Connection
Building a strong network early facilitates mentorship opportunities, job referrals, and insights into the Indian healthcare job market, leading to better career prospects.
Intermediate Stage
Gain Practical Exposure through Internship- (Summer after Semester 2 / During Semester 3)
Secure a meaningful summer internship at a hospital, healthcare consulting firm, or public health agency after Semester 2. Focus on applying theoretical knowledge from your specialization (e.g., Hospital Administration, Healthcare Marketing) to real-world projects and challenges.
Tools & Resources
Institute''''s placement cell, Company websites, Direct outreach to healthcare organizations
Career Connection
Practical experience is highly valued by employers in India, enhancing your resume, confirming career interests, and potentially leading to a pre-placement offer in the healthcare sector.
Deep Dive into Healthcare Specialization Topics- (Semester 3)
Beyond classroom learning, read industry reports, journals (e.g., Indian Journal of Public Health), and case studies related to your Healthcare Management electives. Engage in discussions with faculty and peers on current issues in Indian healthcare to deepen your expertise.
Tools & Resources
WHO reports, ICMR publications, Academic journals, Industry magazines
Career Connection
In-depth knowledge of specialized areas makes you a more competent and desirable candidate for specific roles within the dynamic healthcare management domain.
Develop Soft Skills for Leadership- (Semester 3)
Participate in workshops on presentation skills, negotiation, and team leadership. Take on leadership roles in academic projects or student bodies. Effective communication and interpersonal skills are crucial for managing diverse teams and stakeholders in healthcare settings.
Tools & Resources
College career services, Toastmasters International, Online communication courses
Career Connection
Strong leadership and communication skills are essential for career progression into managerial and executive roles in the demanding and patient-centric Indian healthcare sector.
Advanced Stage
Excel in Dissertation/Project Work- (Semester 4)
Choose a relevant and impactful research topic within Healthcare Management, focusing on a real-world problem in the Indian context. Conduct thorough research, data analysis, and present actionable recommendations. This is your capstone project showcasing your expertise.
Tools & Resources
Research databases, Statistical software (e.g., SPSS, R), Faculty mentors, Industry experts for interviews
Career Connection
A well-executed dissertation highlights your analytical, problem-solving, and independent work capabilities, making you highly attractive for roles requiring strategic thinking and research.
Prepare Rigorously for Placements- (Semester 4)
Actively engage with the placement cell. Practice mock interviews (HR, technical, and case-based), refine your resume and cover letters tailored for healthcare roles, and attend pre-placement talks. Research potential employers in the Indian healthcare industry thoroughly.
Tools & Resources
Placement cell resources, Online interview platforms, Company annual reports of healthcare organizations
Career Connection
Thorough preparation increases your chances of securing placements in top healthcare organizations, ensuring a smooth transition from academics to a professional career in the Indian market.
Explore Advanced Certifications & Networking- (Semester 4 and beyond)
Consider pursuing advanced certifications relevant to specific healthcare niches (e.g., Lean Six Sigma in Healthcare, Hospital Quality Management). Continuously expand your professional network by attending alumni meets and industry events post-internship.
Tools & Resources
Professional bodies (AHPI, HIMSS), Certification providers, LinkedIn
Career Connection
These advanced steps demonstrate a commitment to lifelong learning and specialized expertise, opening doors to senior roles and leadership positions in the competitive Indian healthcare landscape.
Program Structure and Curriculum
Eligibility:
- Bachelor''''s degree with 50% marks (45% for SC/ST/Cat-I) from a recognized university, with valid entrance exam scores (K-MAT, C-MAT, PGCET, etc.)
Duration: 2 years (4 semesters)
Credits: 100 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 1.1 | Indian Economic Environment & Policy | Core | 4 | Macro Economic Concepts, Economic Reforms in India, Industrial Policy, Fiscal and Monetary Policies, International Trade Environment |
| 1.2 | Organizational Behavior | Core | 4 | Individual Behavior, Group Dynamics, Leadership Theories, Motivation and Stress Management, Organizational Culture and Change |
| 1.3 | Accounting for Managers | Core | 4 | Financial Accounting Principles, Cost Accounting, Management Accounting Tools, Financial Statement Analysis, Budgetary Control |
| 1.4 | Business Statistics and Analytics | Core | 4 | Descriptive Statistics, Probability and Distributions, Hypothesis Testing, Regression and Correlation, Data Visualization |
| 1.5 | Marketing Management | Core | 4 | Marketing Concepts, Consumer Behavior, Market Segmentation & Targeting, Product and Pricing Strategies, Promotion and Distribution Channels |
| 1.6 | Business Ethics & Corporate Governance | Core | 4 | Ethical Theories in Business, Corporate Social Responsibility, Indian Corporate Governance Framework, Environmental Ethics, Whistle-blowing and Ethical Decision Making |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 2.1 | Human Capital Management | Core | 4 | HR Planning and Job Analysis, Recruitment and Selection, Training and Development, Performance Appraisal, Compensation and Employee Relations |
| 2.2 | Financial Management | Core | 4 | Capital Budgeting Decisions, Working Capital Management, Cost of Capital, Dividend Policy, Financial Markets and Instruments |
| 2.3 | Operations Management | Core | 4 | Production Planning and Control, Inventory Management, Quality Management and TQM, Supply Chain Management, Lean Operations |
| 2.4 | Research Methodology | Core | 4 | Research Design, Data Collection Methods, Sampling Techniques, Data Analysis and Interpretation, Report Writing |
| 2.5 | International Business | Core | 4 | Globalization and Trade Theories, Balance of Payments, Foreign Exchange Management, International Marketing, Global Business Environment |
| 2.6 | Digital Business and e-Commerce | Core | 4 | E-commerce Models, Digital Marketing Strategies, Social Media Marketing, Cyber Security in E-business, E-governance |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 3.1 | Strategic Management | Core | 4 | Strategic Planning Process, Environmental Analysis, Competitive Advantage, Corporate and Business Strategies, Strategy Implementation and Control |
| 3.2 | Entrepreneurship and Innovation Management | Core | 4 | Startup Ecosystem in India, Business Plan Development, Venture Capital and Funding, Innovation Process, Family Business Management |
| MBA HCM 3.1 | Hospital Administration & Management | Elective (Specialization) | 4 | Hospital Organization Structure, Healthcare Delivery Systems, Quality Management in Hospitals, Patient Safety, Facility and Equipment Management |
| MBA HCM 3.2 | Healthcare Economics & Financial Management | Elective (Specialization) | 4 | Healthcare Financing Models, Health Insurance Concepts, Costing and Budgeting in Hospitals, Investment Decisions in Healthcare, Economic Evaluation of Health Programs |
| MBA HCM 3.3 | Legal & Ethical Aspects in Healthcare | Elective (Specialization) | 4 | Medical Jurisprudence, Patient Rights and Consent, Medical Negligence and Malpractice, Bioethics in Healthcare, Healthcare Regulations in India |
| MBA HCM 3.4 | Healthcare Marketing & CRM | Elective (Specialization) | 4 | Healthcare Service Marketing, Patient Relationship Management (PRM), Digital Marketing in Healthcare, Branding in Healthcare, Communication Strategies for Healthcare |
| SIP | Summer Internship Project | Project | 2 | Industry Exposure, Problem Identification, Data Collection and Analysis, Report Writing, Presentation Skills |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 4.1 | Business Analytics and Intelligence | Core | 4 | Big Data Concepts, Data Mining Techniques, Predictive Analytics, Business Intelligence Tools, Decision Support Systems |
| MBA HCM 4.1 | Public Health Management | Elective (Specialization) | 4 | Epidemiology and Disease Surveillance, National Health Programs, Health Policy and Planning, Community Health Initiatives, Disaster Management in Health |
| MBA HCM 4.2 | Health Informatics & Technology Management | Elective (Specialization) | 4 | Electronic Health Records (EHR), Telemedicine and e-Health, Health Data Analytics, Medical Devices and Technologies, IT Security in Healthcare |
| MBA HCM 4.3 | International Healthcare Systems | Elective (Specialization) | 4 | Global Healthcare Models (USA, UK, Canada), Comparative Health Policies, Cross-border Healthcare Services, Medical Tourism, International Health Organizations |
| DISS | Dissertation/Project Work | Project | 8 | Problem Formulation, Extensive Literature Review, Primary/Secondary Data Analysis, Findings and Recommendations, Thesis Writing and Defense |
