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.
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.
There are several MBA healthcare options as below for students or working professionals:
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.
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.
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.
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.
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!
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InstitutionManipal University JaipurManipal Academy of Higher EducationT. A. Pai Management InstituteManipal Institute of Technology
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Bachelor of Business Administration (BBA)
Manipal University Jaipur