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FREQUENTLY ASKED QUESTIONS

How your MBA Healthcare program is different from other such programs offered by other institutions?

Our MBA Healthcare Management Program offers you an international MBA degree at Indian cost. The program has been designed and developed in collaboration with the Peoples’ Friendship University of Russia, Moscow, and offers you an in-depth understanding of the inside out of the modern healthcare ecosystem, and prepares you for the managerial and leadership positions offered by leading hospitals, pharmaceutical companies, insurance companies, wellness centers, etc.

The salient features of our MBA Healthcare Management programme include:

 

  • International MBA degree at Indian cost: The cost of a typical foreign MBA Degree is USD 60,000 (excluding the travelling and lodging expenses). However, due to a special agreement with the Peoples’ Friendship University of Russia, Moscow, we’ve kept the fee for our course at only Rs. 9.5 lakhs (USD 14,000 approx.) for the first batch, which also includes a fully funded study tour in Russia in Semester IV at the PFUR University.

 

  • International Curriculum that focuses on Healthcare Analytics & Emerging Technologies: The programme lays high emphasis on training students and healthcare professionals in emerging technologies like Healthcare Analytics, Data Science for Healthcare Professionals, Applications of Machine Learning and Artificial Intelligence for Healthcare professionals. A Harvard Business Report by Thomas H. Davenport and D. J. Patil (2012) mentions data science as the hottest job of the 21st century which is revolutionizing all the sectors of economy. This programme lays strong emphasis on data, research and technical skills which are highly valued by healthcare organizations and professional consulting organizations worldwide.

 

  • Exposure to the Russian education system and culture: In the IV semester, the students will be studying at the Peoples’ Friendship University of Russia, Moscow, which is counted amongst the most reputed educational institutions in Russia. Along with studying your subjects, you will get a lot of time to get to know your classmates who belong to different nationalities, as well as about the Russian culture and heritage which further empowers you as an individual and as a student of management education.

 

  • On the job training and paid internship: All the students enrolling in this programme will be given on the job training on the industry projects, and assisted for paid internship during their Summer Internship Program.

 

100% placements with international placement assistance from PFUR University: All the students of this course will be assisted for Campus Placement with 100% placement assistance. International placement assistance will be provided by Peoples’ Friendship University of Russia, Moscow.

Why should I go for an international MBA in Healthcare?

Different universities and management institutions (duly affiliated with universities) in India offer MBA in Healthcare Management. But most of these programmes do not offer opportunities to study abroad. An international exposure adds tremendous value to the learning and experience that you gain while doing your MBA. And this is what we offer to our students: a fully funded semester at the Peoples’ Friendship University of Russia, Moscow, which attracts students from across the world.

In our international MBA programme, you will not only learn about the fundamentals and advanced practices of setting up and managing modern healthcare entities from the Russian faculty, but also get to spend a lot of time with the local students as well as with students from various other countries and cultures. Plus, you will get on the job training and paid internship which further enables you to get hands-on experience of working in top healthcare institutions. Also, all the students of this programme will be assisted for Campus Placement with 100% placement assistance. International placement assistance will be provided by the Peoples’ Friendship University of Russia, Moscow.

Is Russia a good study destination as compared to other foreign countries for Indians?

Of course, it is. Russia holds the reputation of having the most educated population in the world, and thus outperforms countries like USA, Canada, Japan, and Israel. In fact, more than half of Russians have higher education qualification (source: Organisation for Economic Cooperation and Development).

For your MBA Healthcare Management programme, you will be studying at the Peoples’ Friendship University of Russia (PFUR), Moscow, which is one of the leading state higher educational institutions in Russia. In fact, it is the only university in the world, which, every year, attracts students to its campus from 145-150 countries. For more on Russia as a higher education destination and on our MBA programme, speak with our career counselor.

What will I lose if I pursue MBA Healthcare from other institutes?

All the benefits that we are offering in our International MBA Healthcare Management Programme, which include:

 

  • An international MBA degree at Indian cost
  • International Curriculum focused on Healthcare Analytics & Emerging Technologies
  • A fully funded stay and study in Russia in semester IV of the programme
  • On the job training and paid internship
  • 100% placements with international placement assistance from the PFUR University

Should I join specialized MBA like MBA in Healthcare or should I go for general MBA/PGDM?

Global Healthcare industry is going to be US$ 280 Billion industry by 2020, and will require a large number of healthcare management professionals to manage it and give direction. It is going to grow at a steep pace of 7.5% CAGR in economies in transition like India, and will likely create tremendous and secure job opportunities.
Healthcare is one of the most promising segments, and even top business leaders, like Bill Gates, are heavily investing for improving global healthcare scenario. So, you should definitely go for an MBA programme in Healthcare Management if you dream about making a great career in one of the most promising industries out there, which is healthcare, and want high paying jobs.
Even doctors who are not very happy with their career graphs can enroll for this programme and accelerate their careers to new heights. With an MBA in Healthcare Management, they can apply for the senior management profiles, and significantly improve their earnings.

Is MBA in Healthcare Management Course duly approved by AICTE or AIU?

MBA – Healthcare Management degree is awarded by the Peoples’ Friendship University of Russia (PFUR), Moscow. Asia-Pacific Institute of Management, in collaboration with the PFUR University, is enabling the dreams of students who always dreamt for an International MBA Degree at Indian Cost. The programme also involves a fully funded study in semester IV at the Russian University.

For more on the MBA Healthcare Management programme, speak to our counselors.

What is the basic educational qualification for an MBA in Healthcare Management?

MBBS, B.Pharm, BDS, BPT, BPE, Nursing and other graduate degree like BBA, B.Com., B.Sc., B.Sc.P.T., B.A. B.S.W. etc.

What job opportunities do an MBA in Healthcare Management student hold in healthcare sector?

During the programme, the students will get an on-the-job training and paid internship. All the students of this programme will be assisted for Campus Placement with 100% placement assistance. International placement assistance will be provided by the Peoples’ Friendship University of Russia, Moscow.

Post completion of the programme, students will be eligible to apply for managerial and leadership roles in hospitals, insurance companies, pharmaceutical companies, wellness centers, etc.

Potential recruiters for the students of MBA Healthcare Management Program include Apollo Hospitals, KPMG, Max Healthcare, Fortis Healthcare, Sanofi, GlaxoSmithKline (GSK), Merck, Zydus, FamPhy, Novartis, Lilly Pfizer, Dr. Lal PathLabs, Rockland Hospital, etc.

Is it obligatory to have work experience for MBA in Healthcare Management Course?

No.

Is there any provision for Scholarship for meritorious applicants

As of now, we don’t have any such provision.

What is the admissions process in MBA-Healthcare?

First, you need to meet the eligibility criteria laid down for this programme, which is a graduation degree like MBBS, B.Pharm, BDS, BPT, BPE, Nursing, or BBA, B.Com, B.Sc., B.Sc.P.T. B.A. B.S.W. etc.

The eligible candidates will then be invited for a written aptitude test (WAT), and group discussion, followed by a personal interview. You need to carry your original documents with you at the time of the interview.

The candidate will be assessed on following criteria:

Written Aptitude Test       [30%]

Group discussion            [30%]

Personal interview           [40%]

Can I get education loan for ‘MBA in Healthcare’ and how can I get?

Asia-Pacific Institute of Management has tied up with the Indian Bank for providing education loans to its students. The students can also approach other banks for their education loans and can also take support from Vidyalaxmi educational scheme (www.vidyalakshmi.co.in).

The loans shall be sanctioned by the respective banks subject to a student fulfilling the bank’s terms and conditions and submitting the required documents.
*Admission office of the institute shall provide guidance to those students who wish to avail education loan.

I have further queries about the MBA-Healthcare programme. Who should I contact?

It’s great that that you are interested in the programme. For more information, you can get in touch with our counsellors at (011) 42094800 / 8287252525 / 8287454545, or try our toll free number which is 1800 1133 34.

How rigorous is the programme?

The MBA-HM is a rigorous and demanding programme. It is a two year full-time programme delivered in a global academic environment with a combination of inputs from academic stalwarts and industry experts. The programme will be delivered in four semesters of which one full semester will be attended by the students at RUDN, Russia.

When do I need to choose specialization? What are the specializations offered?

The MBA programme offers you specialization in Healthcare Management.

How are the placements opportunities? What are the hospitals and other healthcare companies coming for campus recruitments?

During the programme, the students will get an on-the-job training and paid internship. All the students of this programme will be assisted for Campus Placement with 100% placement assistance. International placement assistance will be provided by the Peoples’ Friendship University of Russia, Moscow.

Post completion of the programme, students will be eligible to apply for managerial and leadership roles in hospitals, insurance companies, wellness centers, etc.

Potential recruiters for the students of MBA Healthcare Management Programme include Apollo Hospitals, KPMG, Max Healthcare, Fortis Healthcare, Sanofi, GlaxoSmithKline (GSK), Merck, Zydus, FamPhy, Novartis, Lilly Pfizer, Dr. Lal PathLabs, Rockland Hospital, etc.

Will Internship (on-the-job training) be provided by the Institute/University? Will it be paid internship?

Yes. During the programme, the students will get an on-the-job training and paid internship. All the students of this programme will be assisted for Campus Placement with 100% placement assistance. International placement assistance will be provided by the Peoples’ Friendship University of Russia, Moscow.

What are the fees for the entire programme? Does it includes Hotel fees/Foreign traveling cost, Visa, etc.?

Total Fee: – Rs. 9,50,000.

 FIRST YEAR (2018-2019)
Registration Fees +

1st Instalment

2nd Instalment
Rs.1,55,000 + Rs.1,30,000 Rs.2,25,000

 

SECOND YEAR (2019-2020)
3rd Instalment 4th Instalment
Rs.2,20,000 Rs.2,20,000

 

The programme fee also includes travelling and lodging costs in Moscow, Russia, during the foreign study tour in Semester IV at the PFUR University, which is among the top QS Ranking Universities of the world as per Times Higher Education (THE) World University Ranking 2017.