Global Journal of Research in Management

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A Study on Knowledge about Loan Services for Starting New Clinic & Hospital Amongst Physicians in Vadodara


Affiliations
1 Department of Management, Sumandeep Vidyapeeth, India
2 Sumandeep Vidyapeeth, India
     

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In present time, starting of new hospital or clinic is becoming most common career option after completing medical education or taking experience of few years as physicians amongst medical professionals. The benefits of availing especially device loan for physicians are highly considered for the same but it is as per advice of financial consultant and not independent decisions of physician. Therefore, presented study was undertaken with a view to check knowledge and understanding about financing option for physician when they are studying yor taking experience at very initial phase of their career. The result shown that physicians don’t possess substantial and accurate knowledge about various basic concepts of loans irrespective of their gender or level of study. Therefore, it is recommended that they should be educated about financial literacy through training program or formal education during their study so that they become independent in their financial decisions.

Keywords

Medical Education, Hospital Professionals.
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  • Bhanot A (2014), “Students Awareness about Finance Provided by Banks/ Government Schemes for Higher Education”, Global Journal of Multidisciplinary Studies. Volume III, Issue – VIII, Pg 39-47.

  • Breamer E A (2015), “Paying it Back: Graduating Students’ Perceptions and Awareness of Student Loan. Unpublished Desperation.

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  • Shankari S. & Muthukumar E. (2016), “A Study On Awareness and Satisfaction Level of Gold Loan Credit Facility by Non Banking Financial Companies At Coimbatore City”. Indian Journal of Research Vol. V, Issue V, Pg. 277-279.


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  • A Study on Knowledge about Loan Services for Starting New Clinic & Hospital Amongst Physicians in Vadodara

Abstract Views: 388  |  PDF Views: 0

Authors

Pinkal Shah
Department of Management, Sumandeep Vidyapeeth, India
Dimple Thakor
Sumandeep Vidyapeeth, India

Abstract


In present time, starting of new hospital or clinic is becoming most common career option after completing medical education or taking experience of few years as physicians amongst medical professionals. The benefits of availing especially device loan for physicians are highly considered for the same but it is as per advice of financial consultant and not independent decisions of physician. Therefore, presented study was undertaken with a view to check knowledge and understanding about financing option for physician when they are studying yor taking experience at very initial phase of their career. The result shown that physicians don’t possess substantial and accurate knowledge about various basic concepts of loans irrespective of their gender or level of study. Therefore, it is recommended that they should be educated about financial literacy through training program or formal education during their study so that they become independent in their financial decisions.

Keywords


Medical Education, Hospital Professionals.

References