MBA after Medicine Career in Mangement for Doctors
MBA seems to be the most sought after post graduation option nowadays. So, if you are a doctor you must have contemplated this choice while thinking of MD or MS. There are many management specializations for medical students. If you are confused whether to change your profession as a doctor and become a manager then you should follow your aptitude. If you are very good as a doctor then you should pursue a MD or MS in the area of your interest. Or else, if you have good managerial skills then very well go for MBA where there is a lot of scope for you.
Doctors who go into management can find great jobs in hospital management and administration. There are big medical electronic companies like Philips or GE which would absorb MBA grads with a background of medicine. These companies develop products and services which can best be done by doctors. Besides, there is tremendous scope for clinical research. Doctors with management background can do a phenomenal job in terms of product development and management.
It is not necessary that you have to move away from your medical profession once you have a management degree. You can very well continue to practice. Infact, a doctor with managerial skills can provide the best treatment, which is cheapest for the patients. A MD/MBA integrated degree is very popular in the west. More and more students are showing interest in health-care management.
Considering the amount of money spent on becoming a doctor, it is necessary that you have the skills to earn as much (if not more) in as little time as possible; for which business knowledge is crucial. However good a doctor you may be, or however great your clinic is, you need patients to keep coming in and that requires planning and strategic overview of things. However, people in the medical community are not simply pursuing MBAs as a sort of one-stop shop for business education. There are also master’s degrees in public health care and executive MBA programs for doctors.
