MBA in Healthcare Management in Canada: Top Universities, Eligibility, Fees, and Jobs

There are some who like to be at the forefront of things, while there are others who prefer staying behind the scenes and accomplishing results. Healthcare Management is one such role that comprises people who oversee and manage healthcare services to the community from the background.

Every year, millions of students from around the world apply for MBA in Healthcare Management to learn the necessary skills pertaining to the smooth management and functioning of healthcare facilities, such as hospitals, clinics, and the like.

Canadian universities are equipped with the ideal infrastructure and programs that help students learn the desired leadership and managerial skills for this profession - one that perfectly blends service to society with monetary reward.

Why Study MBA in Healthcare Management in Canada?

There are several reasons why Indian students prefer to pursue an MBA in Healthcare Management in Canada. Some of these are mentioned below:

• Healthcare Management is one of the most significant revenue contributors to the Canadian economy. This implies that a job in this sector will likely be highly rewarding, especially after an MBA specialisation in the discipline.

• Many Canadian universities proudly feature among the top ranks in QS and THE World University Rankings 2023. Studying at one of these institutions is indeed a privilege for any international student.

• The healthcare industry in Canada is ever-evolving and rapidly growing, hiring numerous graduates from the discipline or a related field of study every year. As a result, the job prospects in the sector after completing MBA are relatively bright and lucrative.

Healthcare Management Courses in Canada for International Students

An MBA in Healthcare Management course in Canada is essentially a two-year study program aimed primarily at students aspiring to choose a profession in the healthcare industry. The course is also known by other names, such as Healthcare Administration and Hospital Management. As is evident from the name, this program focuses on equipping students with the necessary skills required to administer or manage healthcare systems, facilities, and services in the country.

The MBA students gain deeper perspectives of the healthcare industry at large. More specifically, they learn the processes of planning, management, and execution of various policies related to the smooth and effective management of healthcare services and facilities for the masses.

Cost of Studying MBA in Healthcare Management in Canada for Indian Students

The fee structure designed for different degrees and courses in Healthcare Management that various Canadian universities offer may vary from one institution to another. This may be because of the course curriculum design, infrastructure, research facilities, add-on privileges provided on campus, and many other reasons.

On average, MBA in Hospital Management fees at one of the top Canadian universities may range between CAD 40,000 and CAD 100,000 per annum. Therefore, it is best to check the individual course cost from the university you apply to before admission.

Eligibility Criteria and Admission Requirements to Study MBA in Healthcare Management in Canada

The MBA in Healthcare Management course is offered at several universities and colleges in Canada. Therefore, each institution will likely have different eligibility requirements for international students. However, some of the admission criteria remain more or less the same for every university, such as:

• A minimum score of 6.5 and a maximum of 7.5 in IELTS designed for assessing the English language proficiency of international students arriving in Canada

• A valid passport and student visa for travel to Canada

• A Bachelor’s degree in Business completed in the last 10 years with a GPA of 3 or more

• Professional experience in the medical industry of around 3-5 years

• Business schools in Canada require a GMAT score of 550 or more

Listed below are the key visa requirements for Indian students to study in Canada:

• Proof of funds to cover basic study and living expenses in Canada, including tuition fee for the course

• Medical certificate obtained after a full-body health check-up

• No criminal records in the past

• Certificate of Acceptance from a Designated Learning Insitute (DLI) where you may have applied for the course

Top Universities / Colleges for MBA in Healthcare Management Course in Canada

Canada is the proud home to several universities that enjoy QS World University Rankings. Listed below are some of the top Healthcare Management colleges in Canada that offer an MBA degree in the course. Their rank in accordance with QS rankings and the next intake information for international students is also provided in the table.

Source: https://www.topuniversities.com/university-rankings/world-university-rankings/2023

Need help deciding which university to enroll in for MBA in Healthcare Management? Let us worry for you! Our IED experts are trained to provide the right assistance and guidance to choose the best university for your MBA program.

Career Prospects After Pursuing MBA in Healthcare Management in Canada

The healthcare industry in Canada creates numerous job opportunities every year for graduates in Healthcare Management. This is because the country is always in high demand of professionals with the desirable theoretical and practical application skills in the field of administering and managing healthcare provisions in Canada.

The following top Healthcare Management jobs in Canada are likely to open up for course graduates after completing MBA in the subject:

• Practice Administrator

• Director of Laboratory

• Director of Medical Records

• Assistant Hospital Administrator

• Operation Manager

The Healthcare Management salary in Canada for all of the above job roles is estimated to be in the approximate range of 80,000 CAD and 150,000 CAD per annum. This pay scale is likely to vary from one healthcare facility to another and as per the professional's experience.

FAQs

1. What is the duration of an MBA in Healthcare Management in Canada?

MBA in Healthcare Management at various universities in Canada is likely to vary between 1.4 and 2 years, depending on the curriculum design and also the mode of delivery (online or offline).

2. Is an IELTS score required for studying MBA in Healthcare Management in Canada?

Yes, as per the standard eligibility criteria accepted at most universities for MBA in Healthcare Management, students need to qualify for the IELTS test with a score range of 6.5 - 7.5.

3. Is it mandatory to have work experience to pursue MBA in Healthcare Management in Canada?

Most Canadian universities demand a work experience of at least 3-5 years in any medical field before choosing to study an MBA in Healthcare Management in the country.

4. What are the job prospects in Canada after completing MBA in Healthcare Management?

The future for MBA graduates in Healthcare Management looks promising, with a host of options likely to open up after course completion. A few examples include:

• AVP, Healthcare Strategy & Corporate Development

• Director of Business Development, Oncology Healthcare & Diagnostics

• Regional Operations Manager - Maritimes

• Non-Hospital Surgical Facilities Manager

• Patient Experience & Operations Associate (Intern)

5. What is the scope of Healthcare Management in Canada?

Healthcare Management is a widely-demanded course in Canada owing to its lucrative career prospects and attractive pay packages upon course completion. Course graduates are eligible to work in a variety of healthcare facilities such as clinics, hospitals, daycare facilities, nursing homes, health insurance, medical research organisations, pharmaceutical firms, and more.

6. What is the difference between MBA in Hospital Management and Healthcare Management?

Both courses focus on training students for professional work in the healthcare industry. However, while hospital management primarily focuses on overseeing the functioning of frontline hospital staff like physicians, nurses, and other medical staff, healthcare management is involved in managing a medical facility's business and operational features from the background.

7. What are the benefits of studying MBA in Healthcare Management in Canada?

One of the most significant advantages of pursuing an MBA in Healthcare Management is the increased RoI or Return of Investment from the course in terms of pay packages after course completion. Besides, the job industry in Canada invites numerous applications from graduates of MBA in Healthcare Management every year, and jobs are offered at handsome pay scales.