Scope of PGDM with specialization in Hospital Management

PGDM with specialization in Hospital Management creates opportunities to achieve advanced levels in the healthcare sector. Students receive a bachelor’s degree from a boarding school in a hospital, pharmacy, or other health care facility. This event has emerged as one of the most popular choices among leaders for growth in the health sector.

The health sector is the fourth fastest growing employer in CAGR at 16-17%, which is four times the current economic growth, according to the May 2019 IBEF report.

After taking PGDM Healthcare Management, you will find employment in the pharmaceutical industry, medical device manufacturing/retailer, health insurance, information technology, hospitals, multidisciplinary clinics, and health counseling. Other growing job opportunities include medical tourism, wellness and health management, medicine, journalism and communications, and corporate/social responsibility management. You can also become an entrepreneur and start working independently.

The top 5 careers to pursue after PGDM in health management are listed below based on various actions in the aspects as mentioned above of health:

Marketing/Sales/Product Management: Most jobs start in sales and business development and move on to product management and marketing after a few years. We can assume that it handles both domestic and international markets. We have a wide range of B2B sales and B2C sales. With the advent of the internet, digital marketing is an exciting field.

Finance/Insurance: The health insurance sector is increasing, and healthcare professionals have attractive options. With a clinical/medical background, one can get a job in sales and claims insurance. Other famous roles in insurance include business intelligence, enterprise solutions, information technology, and branch management and analytics. In the bank, you can be employed in health care.

Healthcare IT/Analytics/Consulting: The most common profile is business professionals. Business professionals connect IT services with clients (hospitals, pharmaceutical companies, health insurers) to assess the healthcare process and determine requirements for IT service providers.

There is a growing demand for data analysis skills and roles, including providing data-driven solutions and advice to clients and senior executives. He plays a research/consultant role in consulting with companies and participates in business intelligence, account management, and business development roles. New roles in healthcare include consulting for technical applications such as artificial intelligence, robotic automation, machine learning, and Blockchain.

Human Resource Management: The most common position is talent acquisition, where domain-specific knowledge of health management helps identify relevant qualifications in a future workforce.

Operations: In the hospital and clinical areas, the general opening of the post of Director of Operations. The project management office opens as a project manager in a product development environment. In manufacturing and service companies, transportation and supply chain specialists are increasing. Logistics is becoming an exciting field with the advent of Blockchain. The role in hospital planning and design is also enjoyable.

Conclusion

If you want to grow in your career, you must do this course & you can pursue this course via IIHMR, Delhi, one of the best universities in India.