Health tourism: Opportunities for MBA graduates

Are you an MBA graduate wondering where to apply your skills and knowledge in the healthcare industry? Health or medical tourism means traveling to a different country for medical treatment or procedures. Health tourism offers MBA graduates a unique opportunity to apply business acumen in a growing industry. From marketing and business development to operations and financial management, there is much scope in MBA healthcare where you can make a significant impact.

What is health tourism?

Health tourism has been around for centuries, with people traveling to different regions and countries to seek treatments for various ailments. However, it has become a booming industry in recent years, with the global health tourism market expected to reach USD 346 billion by 2032. 

This growth can be attributed to rising healthcare costs in developed countries, increasing awareness about affordable and quality healthcare options in other countries, and advancements in medical technology. Popular destinations for health tourism include Thailand, India, Mexico, and Turkey, with cosmetic surgery, dental treatments, and fertility treatments being the most sought-after procedures. 

You may like to read the first-hand account of a doctor who did an MBA to pursue a career in health tourism.

Career opportunities for MBA graduates in the health tourism industry

There are several MBA healthcare options as below for students or working professionals:

1. Medical Tourism Manager

A medical tourism manager specializes in managing the travel arrangements and medical treatments of patients seeking medical care outside their home country. The manager is responsible for coordinating the logistics of the patient’s travel, including transportation, accommodations, and medical appointments. The average salary for a medical tourism manager is around USD 3,000 – USD18,000 annually, varying with experience.

2. Wellness Program Coordinator

A Wellness Program Coordinator is responsible for developing and implementing wellness programs in various settings, such as corporations, hospitals, and schools. They work to promote healthy lifestyles and prevent illness through education, fitness programs, and mental health initiatives. The average salary for a Wellness Program Coordinator is around USD 5,400 per year.

3. Health Services Manager

Health service managers must stay up-to-date with healthcare regulations, laws, and new technologies and treatments. They work closely with medical staff, insurance companies, and government agencies to ensure the facility meets all standards and regulations. The approximate salary for a Health Services Manager is around USD 7,400 per year.

Skills required for a career in the health tourism industry

• Knowledge of medical procedures, treatments, and wellness programs is essential. You must explain these concepts to clients and answer their questions clearly and concisely. 
• It will help if you communicate effectively with clients, doctors, and other healthcare professionals.
• You must be aware of cultural differences and be able to adapt your communication style accordingly. It includes understanding different customs, beliefs, and values.
• You need to manage multiple tasks and prioritize your workload effectively. 
• You also need to be detail-oriented and able to keep accurate records.

Benefits of pursuing a career in the health tourism industry

• It provides an opportunity to help people improve their health and well-being. 
• As the demand for medical treatments and procedures increases globally, this industry offers job security and growth potential. 
• Working in health tourism allows for exposure to international cultures and diverse patient populations, which can broaden your perspective and understanding. 
• The industry also offers the potential for competitive salaries, benefits, career advancement, and professional development opportunities.

Easy steps for a career in health tourism

• Research the industry to understand its structure, trends, and challenges by reading industry reports, attending conferences, and networking with professionals.
• Obtain a relevant degree or certification like an online MBA in healthcare, hospitality, or tourism.
• Work in a related field, such as hospitality or healthcare, or gain experience by volunteering at a health tourism organization or completing an internship.
• Attend industry events, join professional organizations, and connect with professionals through social media.

The online MBA in Healthcare Management from Manipal Academy of Higher Education (MAHE) enhances the skills and knowledge of professionals in the field. It covers the latest developments in health informatics, hospital planning, and infrastructure management, among other vital subjects. You can accelerate your career in healthcare management to a lucrative position while boosting your earning potential. For good salaries, education, and career prospects, MAHE’s online degrees and certificates are widely recognized and accepted by governments, corporate organizations, and higher education institutions.

Conclusion 

The field of health tourism presents a promising opportunity for MBA graduates. With the growing demand for healthcare services and the increasing globalization of healthcare, the scope in MBA healthcare can leverage their business skills and knowledge to contribute to the growth and success of this industry.

You can find top-rated online degree and certificate programs from prestigious institutions like the Manipal Academy of Higher Education on Online Manipal. Enroll in our online programs today!

Key takeaways:

• MBA graduates can leverage their business skills to improve the efficiency and profitability of healthcare facilities catering to health tourists.
• The average salary for these positions varies depending on experience and sector, with government positions offering lower salaries than private sector positions.