Out of all the other available specialisations, a Canadian MBA in Healthcare Management takes an essential spot. The reason is the high demand for healthcare professionals nowadays skilled in leadership and management skills. Today we have compiled a detailed guide on pursuing an MBA in Hospital Management in the nation. We will cover top universities, fees, and eligibility criteria. Please continue if you are also interested.
|
Program |
Postgraduate |
|
Course |
MBA in Healthcare Management |
|
Duration of the Course |
Between 1.4 and 2 years (based on top 5 universities) |
|
Eligibility |
At least 3 to 5 years of work experience, UG degree in business with at least 3.0 GPA in the last 60 credits (not older than 10 years, at least a 550 in GMAT or equivalent GRE, and IELTS 6.5, TOEFL 100-120, PTE 65-70 or equivalent |
|
Entrance Exams |
IELTS, PTE, TOEFL, or equivelant and GMAT or GRE |
|
Tuition Fees |
Between 2752224 and 7033462 INR (based on top 5 universities) |
|
Jobs |
Director of Laboratory, Assistant Hospital Administrator, Director of Medical Records, etc. |
|
Average Salary |
113000 CAD (based on 5 jobs) |
Anyone who wishes to have a job in the healthcare management sector can pursue this MBA specialisation in Canada. The scope is very high in this industry, and so are the demands.
|
S.NO |
University Name |
List of Courses |
QS World Ranking |
City |
|
1 |
The University of Toronto |
Global Executive MBA in Healthcare and the Life Sciences |
34 |
Toronto |
|
2 |
The University of Alberta |
MBA in Public Sector and Healthcare Management |
110 |
Edmonton |
|
3 |
The University of York |
MBA in Health Industry Management |
456 |
Toronto |
|
4 |
Brock University |
Master of Business Administration (MBA),Master of Public Health (MPH) |
Between 1001 and 1200 |
St Catharines |
|
5 |
Athabasca University |
Online MBA for Health Leaders |
NA |
Athabasca |
Your cost of pursuing an MBA in Canada, which is around 1.4 to 2 years (based on the top 5 universities), includes your tuition fees, living expenses, and various other amounts, which specifically depend on your lifestyle and choice of a Canadian university. However, you can avail various scholarships and other student funding options. We recommend keeping a budget between 26,00,000 and 71,00,000 INR, in case you don't qualify for one.
|
S.NO |
University Name |
Course |
Duration |
Tuition Fees in INR |
|
1 |
The University of Toronto |
Global Executive MBA in Healthcare and the Life Sciences |
1.6 years |
70,33,462 |
|
2 |
The University of Alberta |
MBA in Public Sector and Healthcare Management |
2 years |
35,47,311 |
|
3 |
The University of York |
MBA in Health Industry Management |
Between 1.4 and 1.8 years |
47,70,522 |
|
4 |
Brock University |
Master of Business Administration (MBA) |
NA |
27,52,224 |
|
5 |
Athabasca University |
Online MBA for Health Leaders |
NA |
30,58,027 |
Your cost of living in Canada is an essential part of your expenses in studying for an MBA in Healthcare Management or any other course in Canada. Managing these amounts is crucial for at least a struggle-free, if not luxurious, stay in the nation for the duration of your qualification. With that being said, a monthly budget of 5 to 900 Canadian dollars is sufficient.
|
Categories |
Amount in CAD |
|
Rent in a shared flat |
856 per month |
|
Share of utilities |
57 per month |
|
Internet subscription |
82 per month |
|
Local transportation |
100 per month |
|
Cinema ticket |
14 per month |
|
Pint of local beer |
6 per month |
|
Fast food combinations |
12 per month |
|
Name of the University |
Exam Name |
Minimum Band Requirement |
|
The University of Alberta |
IELTS, GMAT |
6.5 (no band less than 6.0), 550 |
|
The University of Toronto |
IELTS, GMAT |
7.0 (no band less than 6.5), 550 |
|
The University of York |
IELTS, GMAT |
7.0, NA |
|
Brock University |
IELTS, GMAT |
6.5 (no band less than 6.0), 550 |
|
Athabasca University |
IELTS, GMAT |
6.0, NA |
|
S.NO |
Scholarship Name |
Description |
Eligibility |
Amount in CAD |
|
1 |
Canadian Business Leader Award for Leadership Excellence |
This scholarship is awarded by the University of Alberta |
Annually awarded, student registered in MBA final year, based on strong merit, leadership traits, participation in community and extra-curricular activities |
1000 |
|
2 |
Radhe Gupta International MBA Exchange Award |
This scholarship is awarded by the University of Alberta |
Demonstrate leadership in community, for exchange students from India, satisfactory academic standing, entering MBA final year |
1250 |
|
3 |
Goodman Scholarship Program |
This scholarship is awarded by the Brock University |
Outstanding academic records, showcase strong leadership, and community engagement skills |
3000 |
|
4 |
AIMCo Scholarship |
This scholarship is awarded by the AIMCo Foundation |
Student specializing in finance, annually awarded, meritorious achievements, at the University of Alberta or the University of Calgary |
10000 |
If we compare it to the program fees, your Return on Investment or RoI after MBA in Healthcare Management in Canada is pretty high in terms of salaries. Local and overseas graduates can get jobs in reputed companies offering handsome salary packages. Below are the top 5 jobs after a Canadian MBA in Healthcare Management.
|
Job Profile |
Salary in CAD |
|
Director of Medical Records |
Between 120000 and 150000 |
|
Operation Manager |
Between 85000 and 100000 |
|
Practice Administrator |
Between 85000 and 90000 |
|
Assistant Hospital Administrator |
Between 80000 and 105000 |
|
Director of Laboratory |
Between 85000 and 120000 |
Please note that this guide is indicative, and the steps may vary slightly from university to university.
Step 1: Shortlist a course and Canadian university or college for MBA in Healthcare Management.
Step 2: Visit the university or college's website to check eligibility and admission details. You need to ensure that you qualify before proceeding to step 3.
Step 3: You need to attach these documents, verify everything is correct and submit your application.
Step 4: The next phase involves paying your application fees.
Step 5: The last part of the admission procedure is an interview with the university or college's board of directors. (some institutions only take interviews of shortlisted candidates).
Step 6: After you receive your conditional offer letter, you can book your seat at the university or college.
Step 7: You must pay a non-refundable deposit after agreeing to the university or college's terms and conditions.
Step 8: Done.
Healthcare is one of the biggest recruiters in Canada, worth around 200 billion CAD, which is growing quicker with unique management challenges.
You can work as an administrative services director at a hospital, doctor's office, nursing home, or acute medical facility with an MBA in healthcare management.
You are most suited for top positions in hospitals and healthcare facilities if you have an MBA in healthcare. Additionally, it offers the chance to work as a consultant, which gives one a lot of flexibility and the chance to make connections.
Wish to enrol at one of the top Canadian universities for an MBA with your desired specialization? Then, get in touch with AECC Global India today for expert assistance. Contact us today and fulfil your study abroad dreams.
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