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Degree Overview: Master of Business Administration (MBA) Degree in Health Care Management

Majors Overview May 17, 2015

Get information about Master of Business Administration (M.B.A.) degree programs in Health Care Management and their education requirements, coursework, career choices, job and wage outlook, and continuing education choices.

Master of Business Administration (M.B.A.) in Health Care Management Programs

Students enrolled in a Master of Business Administration (M.B.A.) degree program in Health Care Management can expect to become adept at overseeing operations and services in health care facilities. Admission criteria typically require incoming students to hold an undergraduate degree; they are subjected to tests, while being expected to have work experience and to have completed previous coursework. Hands-on experience such as an internship is often in the health care management specialization, as in most MBA concentrations.

Education Requirements

Admission criteria typically require incoming students to hold a bachelor’s degree. Schools may also expect the submission by candidates of transcripts of all undergraduate courses and scores from the Graduate Management Admissions Test (GMAT) or Graduate Record Examination (GRE). Relevant work experience may also be required to have been completed.

Coursework

Coursework involves the exploration of principles of effective management, finance, marketing and business as related to the U.S. health care system. Students gain a grasp of the relationship between patient needs, medical professionals and insurance companies, and the impact of those correlations on health care facilities. Coursework includes classes on health care systems operation, human resources management, public relations, financial management, business management, or health care planning. Ethical decision-making, policy and economics may also be covered. Participation in internship opportunities to gain real-world experience may be a requirement for students enrolled in some schools. Core coursework may cover topic areas such as:

•Health economics
•Health care law
•Strategic planning
•Human resources administration
•Health information systems
•Budgeting
•Marketing
•Hospital organization
•Biostatistics

Career Choices

With leadership and business communication skills, program graduates may seek leadership roles in government agencies, insurance companies, health care agencies and hospitals. Opportunities may also be available in the health insurance, biotech or pharmaceutical industries. They could choose from common job titles such as:

•Insurance coordinator
•Pharmaceutical sales consultant
•Health care administrator
•Quality improvement manager
•Hospital associate director

Job and Wage Outlook

Over the 2012 – 2022 decade, a job growth of 23% has been predicted for medical and health services managers (Bureau of Labor Statistics). In May 2012, these managers brought in an average annual wage of $88,580 (BLS).

Continuing Education Choices

Individuals can stay abreast of knowledge about the health care management field through enrollment in graduate certificate programs in health care management, wherein they can gain information on cutting-edge advancements in the industry. Earning a Ph.D. degree in Health Care Management and economics would enable a graduate to seek a career in research.

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Good for Working Adults
  • Accredited
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3 Program(s) Found
  • Summarize the roles, functions, and impacts of an effective healthcare manager.
  • Evaluate existing research using quantitative statistical tools to assist in healthcare management decision making.
  • Identify, evaluate, and respond to common types of healthcare ethical dilemmas.
  • Describe the value of personal and professional development, community service, and life-long learning in healthcare management.
  • Evaluate the impact of information systems and technology on healthcare processes and the securing of health information.
  • Analyze the strategic impact of human resource development and management on healthcare organizations.
  • Online Courses
  • Financial Aid
  • Transferable Credits
4 Program(s) Found
  • Average class size is 25, allowing for more one-on-one time with instructors.
  • Has a 97% employment rate among available graduates.
  • All  graduates receive Lifetime Employment  Assistance—free and forever.
  • Michigan's largest independent college.
  • Most instructors are working professionals in the fields they teach.
  • Programs are continuously updated to ensure classes are career-relevant and in sync with what's needed in the industry
Show more [+]
  • Accredited
  • Online Courses
  • Accelerated Programs
  • Financial Aid
1 Program(s) Found
  • Ranked among the Best National Universities in 2015 by U.S. News and World Report.
  • Ranked 8th among the Best Online Graduate Education Programs in 2015 by U.S. News and World Report.
  • A private, co-ed college founded in 1821 and located in downtown Washington, D.C.
  • Its student-faculty ratio is 13:1, and 55.1% of classes have fewer than 20 students.
  • Has distinguished alumni including Senator Harry Reid, former U.S. Secretary of State Colin Powell, and actress Courtney Cox.
Show more [+]
  • Accredited
  • Online Courses
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits

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