Kashipur: In a recent event held at its campus, the prestigious B-School IIM Kashipur signed a Memorandum of Understanding (MoU) with Max Healthcare Ltd., a prominent healthcare organisation. The collaboration aims to introduce a Post Graduate Executive Programme in Hospital Management (PGEPHM), addressing the growing demand for skilled healthcare professionals. The agreement was formalised through the signing of the MoU by Prof. Kulbhooshan Balooni, Director of IIM Kashipur, and Mr. Umesh Gupta, Senior Director-HR at Max Health Care Ltd.
This nine-month Post Graduate Executive Programme in Hospital Management (PGEPHM) will cater specifically to executives and managers seeking to enhance their expertise in hospital operations. Additionally, both organisations have agreed to engage in collaborative efforts such as joint research, seminars, and academic initiatives.
Speaking on this occasion, Prof. Kunal Ganguly, Dean (Development), IIM Kashipur said “This collaboration is a milestone for IIM Kashipur to diversify its education offering and contribute to the healthcare sector.” He added that the first such programme would be launched by the end of this year at IIM Kashipur, where the classes will be taken by faculty from both IIM Kashipur and Max Healthcare, along with the provision of hands-on training at the Max hospitals.
According to Mr. Umesh Gupta, Senior Director-HR and Chief People Officer at Max Healthcare Ltd, "In response to the rapid growth of the healthcare industry and increasing demand for skilled operations managers in hospitals, we have meticulously crafted a blended programme. This programme seamlessly integrates live lectures delivered by distinguished faculty from IIM Kashipur, insights from senior management at Max Healthcare, and cutting-edge e-learning content. This unique blend of knowledge, digital tools, and techniques, combined with hands-on experience gained through immersion at Max Healthcare, equips participants with a comprehensive skill set.”
It is to be noted that India's healthcare spending as a proportion of GDP is expected to rise to 2.1% in FY23 from 2.2% in FY22 and 1.6% in FY21, according to the Economic Survey 2022-23, and the global healthcare market will expand by 2030. Given the growth of the healthcare industry and the extraordinary demands of skillful operations managers in hospitals, this blended programme will help fulfill the increased demand for a skilled workforce in the industry.
About IIM Kashipur
IIM Kashipur, a renowned Indian management institute, has climbed from 33rd place in the NIRF rating in 2021 to 19th place in 2023 among the top 50 Management Institutes/Colleges in India in the recently released National Institutional Ranking Framework (NIRF)-2023 ranking by the Ministry of Education. Also, this year, the highest annual salary offered at IIM Kashipur, was Rs 37 lakh, with an average cost to the company (CTC) of Rs 18.11 lakh, as reported in an official statement from the institute.
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