Chennai: In a bid to bridge the gap between the medical and management sector, LIBA, Loyola College’s Institute of Business Administration, and MGM Healthcare signed a Memorandum of Understanding on November 28, 2020, at LIBA. The MoU was signed by Rev Fr C Joe Arun SJ, Director of LIBA, and Harish Manian, CEO, MGM Healthcare Pvt Ltd. It signifies an academic collaboration in the areas of teaching, training, curriculum development, research, internship and placements in the field of healthcare management.
LIBA is a private business school with its premises in the Loyola College campus. It is run by the Loyola College Society. It recently ranked 6th in India (Outlook-ICARE, 2020) among private management institutions. LIBA offers over 28 courses. MGM Healthcare, is a 400-bedded quaternary care hospital located in the heart of the city. This super-specialty hospital houses 30+ clinical departments, 12 Centres of Excellence, 24×7 Emergency Care and is equipped with an experienced medical staff and state-of-the-art technology and infrastructure.
The MoU seeks to create a new generation of medical and allied healthcare professionals to face the ever-growing demands of the healthcare industry. The partnership aims to ultimately create stronger healthcare systems that can face the current and future challenges such as pandemic management, quality of care, application of AI in healthcare and so on.
LIBA, with its motto ‘Excellence with Ethics’ recently launched a one-year Executive Diploma in Healthcare Management and will soon be introducing a two-year full-time Postgraduate Diploma in Healthcare Management and other short-term certificate courses. MGM Healthcare is a member of the Healthcare Advisory Board constituted in LIBA to give industry-based inputs to curriculum design of healthcare management programmes. Students enrolled in these programmes will benefit from industry visits, guest lectures, internships, joint conferences, research and placement in MGM Healthcare.
Speaking at the event, Rev Fr C Joe Arun SJ, Director, LIBA said,
“The two main areas crucial for our future are health and technology. I am delighted today to be a part of this strategic moment in LIBA. We already have started a one year Executive Diploma in Healthcare Management and will soon start a two year full time Post Graduate Diploma in Healthcare Management . With corporate health industry partners like MGM, LIBA will co-create syllabus and also co-teach courses to create future business leaders in health. MGM’s thrust on technology aligns with LIBA’s focus on applications of AI, ML, etc in all domains. In LIBA’s Teaching-Learning systems, courses are taught not only by faculty but industry experts, alumnus and others who together shape the students’ career. With such partnerships the students joining LIBA will be able to clearly see their career path leading to corporate hospitals”.
Harish Manian, CEO, MGM Healthcare — a management graduate himself — said, “We are extremely delighted to be partnering with LIBA. This collaboration will open new doors for both entities and ensure the much-needed industry exposure for students who are looking forward to building their careers in the area of healthcare management. This field requires a lot of dedication as it’s not just about career growth but also involves serving people with the best medical attention. While on one hand this MoU will help students and research scholars at LIBA with their research and thesis preparation, MGM will also benefit from it by getting exposed to younger and brighter minds who will lead the nation in the years to come. It’s a win-win situation.”