Doctors driven by an urge to improve the fragmented healthcare sector in India are exploring career options in healthcare management. A considerable number of Indian doctors after gaining experience across the globe are relocating back to India and are increasingly making an informed choice of entering hospital management roles in the country.
While the country has witnessed a boom of private hospitals, independent healthcare ventures and mid-size clinics across India, the challenge is to sustain and stand out, as the sector is facing an acute shortage of specialized trained professionals in hospital administration and management. The healthcare sector in India offers a potent mix of opportunities and challenges. As the population is increasing, the main challenge lies in creating healthcare institutions that provide affordable healthcare without compromising on quality and service. The need of the hour is for a polished leadership with required management skills and a desire to serve the community., says Dr. Harshavardhan Hegde, Medical Director at Nova Orthopaedic & Spine Hospital.
India holds an advantage over peers in Asia and the West in terms of the lower cost of high-quality medical services, but specialization has become important to sustain this competitive advantage. Globally, varsities have realized this gap and have launched management courses tailored especially for a sector as volatile as healthcare. For those who are unable to give another two years of their career to a generic MBA, we have tailor-made a year-long postgraduate course with a healthcare management specialization – the MSc in Health Sciences Management, awarded by Northumbria University, UK, said Dr Lissy Vadakel, Director at the Management Development Institute of Singapores (MDIS) School of Health & Life Sciences. This niche specialization would equip fresh graduates, experienced practitioners and others interested in Healthcare Management to attain the diverse skill-sets required in sustaining a lifelong career in the modern healthcare sector.
A management specialization designed especially for the healthcare industry would complement the clinical education and expertise of healthcare professionals. The proficiencies gained following completion of the course would potentially open up new avenues and ensure rapid professional growth, preparing graduates to take on management roles in a variety of healthcare settings such as acute-care hospitals, long-term care facilities, clinics, ambulatory centres, physician practices, pharmacy chains, pharmaceuticals, medical technology, health insurance, healthcare consulting and research, and emergency services. Business administration and entrepreneurship are not taught in medical schools. This is a gap that a professional degree tailored towards the healthcare sector would be able to address. Specialized courses in Healthcare management would enable graduates to better understand and relate with the strategic concepts and good business practices, and then put these into implementation, added Dr Vadakel.
The Management Development Institute of Singapore (MDIS), founded in 1956, is Singapores oldest not-for-profit professional institute for lifelong learning. MDIS provides well-accredited courses, seminars and management services and opportunities for individuals to develop professionally through academic programmes in Business and Management, Engineering, Fashion Design, Information Technology, Health and Life Sciences, Mass Communications, Psychology and Travel, Tourism and Hospitality Management. These programmes are offered in collaboration with highly acclaimed universities in Australia, France, the United Kingdom and the United States of America.
MDIS has representative offices in China, India, Indonesia, Sri Lanka, Thailand and Vietnam, as well as agents throughout Asia, Africa and the Middle East. For more information, please visit https://www.mdis.edu.sg/