You all might have doubts about which sector should I choose after PGDM in Hospital & Health Management? Your doubt is genuine; therefore, you will know which industry you can choose after PGD in this article.
The health sector is the fourth fastest growing employer at a CAGR of 16-17%, four times current GDP growth, an IBEF report in May 2019 said.
After graduating from PGDM Health Management, you will work in pharmacies, medical device manufacturers/traders, health insurance, information technology, hospitals, multidisciplinary clinics, and health consultants. Other aspects of increasing employment opportunities include medical tourism, health and wellness management, medicine, journalism and communications, and CSR / NGO Management. A person may also be self-employed and freelance.
The top 5 PGDM positions in the healthcare management are listed below according to the various factions in the healthcare components mentioned above:
Healthcare IT/Analytics/Consulting
Business professional is the most popular profile. For IT services, business analysts connect IT services with customers (hospitals, pharmacies, health insurance companies) to assess the healthcare process and define requirements. There is a growing demand for data analysis skills, and the role is to provide data-based solutions and advice to clients and senior executives.
At a consulting firm, you gain a research assistant/consultant role and take on business intelligence, key account management, and business development roles. New roles in healthcare include consulting on the application of technologies such as artificial intelligence, robotics automation, machine learning, and Blockchain.
Marketing, sales and product management
After a few years, most jobs start in sales and business development and move to product management and marketing. The growth is expected to surpass the domestic and international markets. There is excellent scope in B2B sales as well as B2C sales. With the rise of the Internet, digital marketing is an exciting field.
Finance and Insurance
The health insurance sector grows rapidly, and healthcare professionals have attractive options. With a clinical/medical background, one could get a job in sales insurance and claims. Other famous roles in the insurance department are business intelligence, business solutions, information technology, branch management, and analysis. In banking, one can be employed in health care.
Operations
One can avail Managerial positions as expected vacancies are available in hospitals and clinical clinics. The Project Management Office is available as a project manager in product development agreements. In manufacturing and service companies, transport and supply chain specialists are increasing. Logistics is becoming an exciting field with the introduction of Blockchain. The roles in the planning and design of hospitals are also interesting.
Human resource management
The most common positions involve acquiring skills where specific knowledge in health management helps identify the relevant qualities to look for in a future workforce.
Conclusion:
In today’s world, many Universities offer you a degree. But you might not get placement after PGDM. That’s why IIHMR, Delhi helps you get placement after pursuing PGDM from IIHMR, Delhi. IIHMR is known for its better placement of students.
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