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Aashish

Aashish Sood  |115 Answers  |Ask -

CAT, Management Expert - Answered on Jul 09, 2023

Aashish Sood is an IIM-Lucknow alumnus who has been teaching maths and quantitative aptitude to MBA aspirants for over a decade.
He also mentors management student hopefuls for the group discussion and personal interview rounds that follow competitive examinations.
He has appeared for CAT seven times since 2016 and scored in the 99.9 percentile.
Sood has 16 years of work experience as a management consultant, strategy consultant and research associate.... more
Asked by Anonymous - Jul 09, 2023Hindi
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Career

Does any IIM or top B school provide MBA in Hospital Management ? If so, do they require work experience?

Ans: Yes, several top B-schools in India, including some of the Indian Institutes of Management (IIMs), offer MBA programs in Hospital Management or Healthcare Management. These programs are specifically designed to cater to the needs of professionals aspiring to pursue careers in the healthcare sector.

While the specific admission requirements may vary between institutions, many MBA programs in Hospital Management do require some amount of work experience. The work experience requirement helps ensure that candidates have a practical understanding of the industry and can contribute effectively to the program.

Please note that admission criterion may change over time. Hence, hit a visit to the official websites of the specific institutions you are interested in to get the most up-to-date and accurate information regarding their MBA programs in Hospital Management.
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Mayank

Mayank Kumar  | Answer  |Ask -

Education Expert - Answered on Jul 18, 2023

Asked by Anonymous - Jul 08, 2023Hindi
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Career
My daughter is an MBBS intern and based in Delhi. Post MBBS, she wants to pursue Hospital Management preferably 2 years course. Can you please guide about the Institutes or suitable carrear counseller, to whom we can talk in details
Ans: ​Hi, ​pursuing a career in hospital management could be a good choice ​but it is critical to do thorough research​ before making an informed decision. You may look at some of these institutes that offer hospital management courses​ and have a good reputation​ / ​experienced faculty​ /comprehensive curriculum.

All India Institute of Medical Sciences (AIIMS), Delhi
Tata Institute of Social Sciences (TISS), Mumbai
Indian Institute of Health Management Research (IIHMR), Jaipur
Apollo Institute of Hospital Administration (AIHA), Hyderabad
Xavier Institute of Management (XIMB), Bhubaneswar

​Additionally, it is always a good idea to network with Alumni. ​Try connecting with alumni who have pursued hospital management courses from these institutes or whichever you decide to go with, as they ​can provide insights into the program's quality, faculty, placements, and overall learning experience/journey. LinkedIn could be a useful resource here. ​Also, ​keep an eye out for education fairs and expos where you can interact with representatives from different institutes offering hospital management courses​ for evaluating purposes and also reach out to professionals working in the healthcare industry​ for accurate insights. ​​Remember to consider factors such as course duration, curriculum, practical exposure, and placement opportunities when selecting an institute. It's also essential to discuss financial aspects, including tuition fees and scholarships, with your daughter.

..Read more

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Ramalingam

Ramalingam Kalirajan  |7070 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 20, 2024

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Money
Sir, in how many years , I can turn 1crore to 20 crore.So that I can retire.Im investing about 1.35lakh as sip every month . Im 44 now . I have about 60 lakh iin different funds now, im hoping to reach a crore 2026.Thanks in advance.
Ans: To achieve a corpus of Rs 20 crore with your current financial inputs, let's break it down step by step:

Your Current Investments and SIP Plan
Current Investment: Rs 60 lakh (expected to grow to Rs 1 crore by 2026).
Monthly SIP Contribution: Rs 1.35 lakh.
Expected Rate of Return: 12% annually.
Timeframe to Reach Rs 20 Crore
With a starting corpus of Rs 1 crore (by 2026) and continuing a SIP of Rs 1.35 lakh monthly at 12%, it will take 23 years to grow to Rs 20 crore.
By the time you turn 67 years old, your desired retirement corpus can be achieved.


Key Assumptions
The 12% return assumption is realistic for equity-heavy portfolios. However, past performance is no guarantee for the future.
The SIP contributions should continue consistently without interruption for the given timeframe.
Inflation and changing lifestyle expenses are not considered here.

Points to Consider
Diversify Your Investments: Ensure your portfolio includes a mix of equity and debt. Adjust allocations as you approach retirement to reduce risk.

Monitor Progress Regularly: Periodically review your investments and returns. Rebalancing may be necessary to stay aligned with your goal.

Increase SIP Contributions Gradually: With rising income, consider increasing your SIPs by 5-10% annually to reduce the timeframe.

Emergency Fund and Insurance: Ensure you have a robust emergency fund and sufficient term insurance to secure your family.

High-Level Suggestion
We can fine-tune the investment strategy and assess the risks involved in detail.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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