CREMA (Clinical Research Education & Management Academy) is all set to introduce MBA programme in Healthcare.
In this regard, the Institute has tied up with University of Dibrugarh in Assam for a two-year full time MBA programme in Healthcare. The university is approved by UGC and accredited by NACC. The course has been designed to meet the growing needs of the hospitals and healthcare establishments, both private and the government, for adequately trained professionals.
"Indian hospitals and healthcare establishments will need the services of 10 lakh healthcare professionals by 2012 against the existing two lakh professionals. Therefore, this is the right time to pursue an MBA in Healthcare. Our course is designed in consultation with healthcare industry meeting the required quality standards. Some of the major institutes offering MBA in Healthcare today have a deemed university status, whereas Dibrugarh is a full-fledged university," said Vijay Moza, chairman, CREMA.
After the completion of the programme, a fresher could start his career as a healthcare management executive in leading hospitals and can go up to the levels of a medical superintendent, director-Hospital or a CEO of a hospital. He can also get into hospital planning or consultancy, consult with leading private, government, international health institutions/bodies or hold faculty positions in medical colleges.
"In the healthcare industry, right now, a fresh MBA has the potential to earn a salary of Rs 50,000 per month, which can go up to Rs 2 lakh per month after gaining an experience of few years in the industry," said Moza.
The admissions for CREMA's MBA programme have already begun, while the actual course will start by mid August, 2009. The programme will be conducted across CREMA's campuses in Mumbai, Delhi, Bangalore and Hyderabad and could be pursued by graduates and post-graduates in life sciences, graduates in medicine, Homoeopathy, Ayurveda, physiotherapy and medical lab technologists.
Dr SM Sapatnekar, dean CREMA, will head the MBA programme. Dr Sapatnekar is a widely respected professional in the Industry & Govt. circles. He is a former professor and head of Department of community medicine at the Grant Medical College, Mumbai and has also been a vice-chancellor's nominee to the Academic Council of the University of Mumbai.
In order to make an industry ready management professional, a student should have the experience of having worked in a real hospital set up. We are in talks with leading hospitals in the country for tie-ups, through which our students could work and learn in a hospital, and complete their projects," said Dr Sapatnekar.
Indian healthcare industry today is estimated at US$35 billion (Rs 1,64, 500 crore) and is expected to reach over US$75 billion (Rs 3,52,500 crore) in the next five years, according to Technopak Advisors in their report - 'India Healthcare Trends 2008'. Private sector will account for 80 per cent of this spending.
The syllabus will include key functional areas like patient retention management, MIS officers, Materials management, logistics management, maintenance management, business development, HR managers, accounts and billing functions, front office management, customer relation management, house keeping and catering, public relations and insurance management.