Pursue MBA from Canada to enter Consulting for Healthcare

Management analytics involves developing a precise understanding of the factors influencing managerial decisions, and designing data and analytical solutions to support these decisions. MBA from Canada courses focus on developing new insights and understanding of business performance based on data and statistical methods. Rapidly growing businesses, relatively low MBA fees in Canada and your clinical background, make consulting for healthcare a natural choice ahead. For a detailed explanation of Management Consulting careers for individuals with a medical background, click here.

Why MBA from Canada?

The COVID-19 pandemic hit small businesses the hardest. They are increasingly reliant on using data to stay afloat and provide consulting for healthcare. Therefore, a management job can help them overcome the situation by finding ways and improving an organization’s efficiency and increase profits. So, pursuing MBA from Canadian universities could be an available option for young medical graduates.

Various consulting roles after MBA from Canada

The job role is highly important in a healthcare organization as it minimizes the wastage of efforts. Moreover, it ensures that the impact of a larger level is created. Thus, providing quality and timely healthcare to the patients. In addition, it takes care of the development or growth of the hospital.

Basically, management consultants collect and analyze data about how a company works and then recommend changes that will decrease costs or boost revenue. Sounds like MBA from Canada is a career to opt for.

Start a career in consulting for Healthcare

If you are searching for a place to start your career in the field, Canada is an option you must look out for. MBA in Canada universities ranks among the top courses to start a career in consulting.

MBA fee in Canada and other course details

Here, we describe in brief the course details. Canada offers you to take up MBA courses online or offline, in a private or public institution, part-time or full-time, and the programs start at different timelines of the year for your convenience. The duration of the course is generally 1-2yrs, as it is a master’s degree.

The MBA fee in Canada is from as little as CAD 7,000 to CAD 125,000 (tuition fees). Admission requirements include IELTS or TOEFL score and a bachelor’s degree. In addition, GMAT is usually required by most top business schools for admission.

Salary of jobs after MBA

The starting salary of a Management Consultant is around CAD 65,000 and if you continue in the profession for 10 years, you would be earning around CAD 95,000.The average salary for Management Consultants is around CAD 78,000.

There are a lot of jobs matching your profile with 7,700 jobs on Glassdoor and 5,200 on LinkedIn. The living expenses are quite reasonable and affordable in the country at CAD 2,700 for a single person and about CAD 5,100 for a family.

So, you can have a luxurious lifestyle with fine future savings. Plus, Canada is ranked as the world’s second-best place to live and work because of its overall sustainability, cultural influence, entrepreneurship, and quality of life.

Conclusion

It is always advisable to have a bachelor’s degree in a relevant program if you have to take up a master’s as it not only provide you backup, experience, and backup knowledge but will also boost up your chances of selection. Having done your MBA from Canada widens job opportunities and scope for career growth.

So, go and get started on filling out the application form, because the deadlines are close. And do contact an alum to help you out with the process. All the best!