MBA in Healthcare Management: CREMA

Updated on: Tuesday, July 07, 2009

Mumbai: CREMA – Clinical Research Education & Management Academy will now be offerig an MBA in Healthcare.
 
CREMA has tied up with Assam’s University of Dibrugarh, a state university, for a two-year full-time programme. 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 from the existing two lakh.

Therefore, this is the right time to pursue an MBA in Healthcare. Our course is designed in consultation with healthcare industry, thus 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 and the pioneer in introducing Clinical Research education in the

country.
 
After the completion of the programme, a fresher could start his career as an 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. S/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 have 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 programme. Dr Sapatnekar is widely respected professional in the Industry and 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 about USD 35 billion (Rs 1,64, 500 crore) and is  expected to reach over USD 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 Management, 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.

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