Today’s health organizations require capable and experienced leaders at the helm. Turn on the national news, and chances are you will find stories and reports on the modern advancements in healthcare. Changes within regulatory agencies and institutions that govern the healthcare industry are also important topics in the life of our country. Business professionals who want to stay at the forefront of this rapidly changing profession must seek an education that will equip them, like the online Healthcare MBA.
The job market for skilled and knowledgeable healthcare management professionals has become robust. There are no signs of this reality slowing down. An online Healthcare MBA is designed to equip motivated individuals for mid- to upper-level management jobs in hospitals, non-government, health system management, consulting, government, and physician practices. Graduate students with the leadership abilities and specific knowledge of how the healthcare industry works will prosper in today’s current economic climate. There has never been a higher demand for healthcare management professionals. The United States Bureau of Labor Statistics reports that the field of Medical and Health Services Managers will grow 18 percent in the next decade. Over 71,000 jobs are expected to be available to qualified business professionals with the right education and skill set.
The Healthcare Master of Business Administration (MBA) fuses essential matters of business such as management, operations, finance, and marketing with the business side of healthcare. Many will agree that one of the biggest hindrances to returning to school to earn a degree like an MBA in healthcare is the schedule constraints and time commitment. To remedy this, many of the nation’s top universities provide an online MBA in healthcare management or administration. An online program allows working professionals to complete a graduate degree with minimal or no on-campus residency requirements. Completing a prestigious degree like the online MBA from one of the leading business schools in the nation will result in excellent career growth and potential.
To find the best Online Healthcare MBA degrees, over 570 online and hybrid MBA programs were ranked based upon their affordability, reputation, and convenience.
Affordability: All tuition information was taken directly from each university website. The base tuition was calculated for the entirety of the degree, which does not include fees, books, or lodging. To find the Affordability Score, this information is inverted and placed on a 100-point scale. This score attributes to 1/3 of the final ranking.
Reputation: This data was collected from leading MBA ranking sources: US News and World Report, The Economist, and Businessweek. Each rankings was converted to a scores, and all scores were then averaged to find a balanced consensus on each online Healthcare MBA’s reputation. The averaged score was placed on a 100-point scale for the Reputation Score, which attributes to 1/3 of the final ranking.
Convenience: Each online Healthcare MBA’s convenience is based upon if it can be completed 100% online and if the GMAT/GRE requirement is waived or omitted during the application process. This Convenience Score attributes to 1/3 of the final ranking.
Southeastern Oklahoma State UniversityJohn Massey School of Business
The John Massey School of Business at Southeastern Oklahoma State University delivers an online MBA in Healthcare Information Systems. The 36-credit hour program translates into twelve concise and cutting-edge virtual courses offered 100% online. The tuition rate of well below $15,000 for this best of the best online MBA will come as a pleasant surprise for all the value one will find within its curriculum. Looking for a graduate degree that does not require candidates to report a GMAT or GRE score? Look no further than the John Massey School of Business. Safety, Accounting, Native American Leadership, Aerospace Logistics, Marketing, Entrepreneurship, Finance, Management, Hospitality Management, and Human Resources are just some of the other excellent focuses the business school currently offers to online MBA students desiring to take their careers to the next level in business. A general online MBA is also provided for graduate students less interested in a specific emphasis but who still desire to benefit from a grounded advanced degree in business.
Northern Kentucky UniversityHaile/US Bank College of Business
The Haile/US Bank College of Business at Northern Kentucky University delivers a Healthcare Administration online MBA. Managing in Organizations, Legal Environment for Business, Financial Management in Organizations, Accounting in a Corporate Environment, Operations Management, Intro to Info Systems in Organizations, Marketing in Organizations, and Strategies for High Performing Organizations are some of the required courses included in this 33-credit hour degree. This stellar distance degree id divided between 16 hours of required courses, 12 hours of Healthcare Administration courses, and five hours of a capstone experience. Health Care Administration-specific classes include Healthcare Policy and Economics, Strategic Planning for Health Services, Health Law and Ethical Issues, and Healthcare Finance and Reimbursements. Two distinctive qualities of this program include a no GMAT feature for incoming students and a 100% online experience with no campus visits required. Other high-quality specializations the business school offers online MBA students are in Finance, Data Analytics, Leadership, Marketing, and Innovation through Competitive Intelligence.
University of Louisiana at MonroeCollege of Business and Social Sciences
A Nursing Healthcare online MBA is provided by the College of Business and Social Sciences at the University of Louisiana at Monroe. Some business background courses are needed before moving forward with core courses. Accounting for Administrators, Fundamentals of Business Statistics and Finance, and Survey and Analysis are all graduate-level courses required to fill this need. The business school advertises five start times each year, so students do not need to wait until the fall semester to get started in this incredible online MBA in Nursing Healthcare. The curriculum featured in this online MBA is identical to what on-campus students are exposed to. Technological requirements associated with this degree include a distance learner’s access to a Webcam, Microsoft Office™, high-speed Internet access, a headset with a built-in microphone, and computer equipment with audio and video capability. Business, Gerontology, Criminal Justice, Educational Leadership, Public Administration, and Psychology are the other specializations currently offered at the university.
University of Northern ColoradoMonfort College of Business
The Montfort College of Business at the University of Northern Colorado offers an online MBA with an emphasis in Healthcare Administration. The program features a 100% online delivery with no campus visits required. This distance degree features practitioner-focused specialization classes in healthcare systems. Students will be exposed to an in-depth analysis of the financial state of healthcare and how to manage qualitative issues in healthcare organizations. Most importantly, graduate students will analyze the history and evolution of healthcare systems, understand healthcare-related managerial problems, and learn how to navigate executive problem-solving scenarios. Leadership issues like ethics, strategic management, and technological trends play a significant role in the core curriculum of this 36-credit hour degree. The program duration advertised by the business school is just 12 months. The program consists of 27 credit hours of core curriculum that has been designed to deepen a student’s understanding of ethical leadership, advanced finance, managerial accounting, economics, strategic management, international business, data analytics and visualization, and supply chain management.
Wright State UniversityRaj Soin College of Business
Wright State University’s Raj Soin College of Business provides an online MBA with an emphasis in Healthcare Management. The AACSB International grants its excellent business accreditation to the school, ensuring students receive an academically concise and structurally sound business degree. The tuition rate for the online MBA in Healthcare Management comes in at less than $25,000. There is a lot of academic bang for the buck associated with this 100% online MBA. Candidates of the program with an undergraduate GPA of 2.7 or better can receive conditional acceptance into the program without having to report a GMAT or GRE score. A high-quality core curriculum meets a plethora of excellent concentrations within this degree plan. Business Economics, New Venture Creation, Finance, International Business, Project Management, Investments, Management, Innovation, and Change, and Interdisciplinary Business are some of the business areas that distance learners can explore at the Raj Soin College of Business.
Abilene Christian UniversityCollege of Business Administration
Abilene Christian University’s College of Business Administration provides an online MBA in Healthcare Administration. ACU’s 36-credit hour degree prepares working professionals for Christian leadership and service in the global marketplace. The AACSB International accredits the 100% online MBA. Accreditation at this level is noteworthy, as only 5% of business schools in the nation have achieved this level of business accreditation. ACU’s MBA program mixes leadership and organizational innovation-focused courses with data-informed decision-making, faith, and ethics instruction to train students to think globally, missionally, and critically. The business school has designed this degree with the working professional in mind. Flexibility, accessibility, and convenience combine to create a dynamic online learning experience. The business school strives to build a community of networking between peers and instructors. The advantages of an MBA like this one begin well before graduation, as principles discussed in the classroom will reach maturity in the board room.
University of Texas at DallasNaveen Jindal School of Management
The University of Texas at Dallas’ Naveen Jindal School of Management delivers an online MBA with a concentration in Healthcare Leadership and Management. The tuition rate for this 53-credit hour degree is less than $45,000. UT at Dallas does not require its distance learners to travel to the school’s campus in Richardson, Texas, but instead delivers a 100% online experience. A unique feature of the program is that students have access to program information sessions and virtual professional development throughout the course of the degree. If an online MBA student can travel to the university, she may register for a class on the campus. There are three start times offered each calendar year. The business school offers a full spectrum of business specializations to accompany its incredible online MBA including Accounting, Supply Chain Management, Business Analytics, Systems Engineering & Management, Energy Management, Strategic Management, Finance, Information Technology Management, Real Estate, Innovation & Entrepreneurship, Marketing, Internal Audit, International Management, and Leadership in Organizations.
Northeastern UniversityD’Amore-Mckim School of Business
A Healthcare Management online MBA is provided at Northeastern University’s D’Amore-McKim School of Business. The university in Boston, Massachusetts, has one of the nation’s most decorated business schools and online degrees in business. U.S. News and World Report and Businessweek have recently awarded Northeastern University’s business school with a top 100 recognition. The Economist places this online MBA as the 83rd best distance degree in the nation. Within the 50-credit hours of the program, business school candidates will find five elective courses and 13 core courses. Two of the most popular features of this online MBA are the 100% online course delivery and the lack of a GMAT reporting requirement during the acceptance process. The networking potential is enormous as a result of this program. There are currently nearly a quarter of a million Northeastern alumni around the globe. Finance, Supply Chain Management, High Technology Management, Sustainability, Innovation Entrepreneurship, Marketing, and International Management are the other concentrations distance learners can attach to their online MBA degrees.
University of ScrantonArthur J. Kania School of Management
The Arthur J. Kania School of Management at the University of Scranton provides an online MBA in Healthcare Management. The business school is committed to helping distance learners take the crucial next steps in advancing their careers in healthcare management. The Arthur J. Kania School of Management online MBA with an emphasis in Healthcare Management equips graduate students with the leadership tools they need to excel in today’s rapidly changing healthcare industry. As often reported, the healthcare industry continues to undergo a period of unparalleled change and growth. The employment prediction looks promising for knowledgeable professionals desiring to supervise healthcare facilities and planning and directing healthcare operations. The University of Scranton’s MBA within Healthcare Management has been designed to equip distance learners for the challenges of this dynamic profession. The 36-credit hour degree includes the essential skills, training, and practical applications critical to making an impact in this high-growth field. The diverse, 100% online program enables students to focus on the specific areas they want to target within their careers.
Ohio UniversityCollege of Business
An online Healthcare MBA is provided at the College of Business at Ohio University. This excellent distance degree created for working professionals can be completed in as few as two years. While many business schools still require that incoming students’ study for, take, and then report placement test scores, the College of Business does not require that of its candidates. The GMAT takes time and money to prepare and administer, so many online MBA students welcome this benefit presented by the graduate program. All courses, assignments, group projects, reports, and exams within this 35-credit hour program are delivered online with no residencies or visits to the campus in Athens, Ohio required. The College of Business has designed this degree to train students to understand professional interactions in the health care system. Online MBA students centering their educations on healthcare will witness how business theory and application are reflected in health administration on a daily basis. Graduate students benefit from a 100% online coursework rooted in health care law, health care organization, and finance.
Saint Xavier UniversityGraham School of Management
The Graham School of Management at Saint Xavier University offers an online MBA with an emphasis in Health Administration. Delivered as a 39-credit hour degree, this program can be pursued by a distance learner for less than $40,000 in tuition. The AACSB has awarded the Graham School of Management with its excellent business accreditation as a result of the business school’s commitment to providing top-notch business education. Five start times are featured each tear at the business school. Classes have been structured within eight-week terms allowing students to move briskly through the 100% online curriculum. Distance learners can take a speedier approach through the degree by taking some classes on the school’s campus in Chicago, Illinois. Forensic and Investigative Accounting, Generalist, Health Administration, Financial Fraud Examination and Management, Human Resource Management, Finance Management, Digital Marketing, and Project Management are the other specializations the business school currently offers its online MBA students.
University of ArizonaEller College of Management
An online MBA in Healthcare is provided at the Eller College of Management at the University of Arizona. This program and the business school that supplies it are no strangers to accolades and awards. The Eller College of Management has been deemed the 52nd best business school in America by U.S. News and World Report and within the top 100 among business schools in the country by Businessweek. The Economist awards the online MBA as the 95th best degree for full-time students. Courses like Health Economics, Healthcare Quality and Reliability, Leading Healthcare Change, Leadership in Healthcare, Healthcare Entrepreneurship, and Healthcare Organization and Management are paired with the program’s core courses to give a working professional a top-notch experience. The business school has a reputation for providing a good number of high-quality concentrations to go along with an online MBA. Specializations for this program include Entrepreneurship, Marketing, Management and Organizations, Finance, and Management Information Systems.
Fayetteville State UniversityBroadwell College of Business and Economics
A Healthcare Management online MBA is delivered at Fayetteville State University’s College of Business and Economics. The business school has split the 39-credit hour distance degree between twelve credits dealing with healthcare and twenty-seven credits of core coursework. The concentration-intensive classes within this degree include Measuring and Managing Quality Outcomes, Health Care Information Systems, Human Resources for Health Care, Ethical and Legal Issues in Health Care, Health Services Marketing, and Health Care Finance and Control. The tuition rate of this degree is a surprising price of just between $5,00 and $10,000, making it the most affordable online MBA in this ranking. Distance learners may also wish to pursue one of the other high-powered specializations currently offered at the College of Business and Economics, including Business, Entrepreneurship, Project Management, Finance, Healthcare Management, Marketing, International Business, and Management. Graduate certificates in Project Management Business and Cybersecurity Management give online MBA students the chance to become more familiar with a specific area of business leadership.
University of North Carolina at PembrokeSchool of Business
The University of North Carolina at Pembroke delivers an online MBA with a focus in Healthcare Administration at the School of Business. A distance learner can pursue this excellent graduate degree for much less than $10,000 in tuition. The AACSB International stands behind this 36-credit hour program, granting its business accreditation on the merits of its academic quality and integrity. Candidates of the program with the proper educational and professional work experience may choose to waive the GMAT requirement found in the acceptance process. Courses like Health Economics, Health Administration and Organization, and Legal and Ethical Issues for Healthcare Professionals are the specializations contained within the program. Some distance learners may wish to explore the business school’s stellar online MBA without committing to a concentration. An online MBA delivered as a general graduate degree is available. Finance, Supply Chain Management, Financial Services, and Business Analytics are the other concentrations currently offered to accentuate this online graduate degree.
University of KentuckyGatton College of Business and Economics
The University of Kentucky’s Gatton College of Business and Economics provides an online MBA with a concentration in Healthcare. The business school’s Professional MBA (For Leaders in Healthcare) degree offers excellence in business knowledge that meets today’s healthcare management issues. Healthcare leaders and professionals such as physicians, administrators, residents, pharmacists, military, and nurses will be educated by experienced instructors and other industry leaders in healthcare-specific areas alongside core business classes typically found in an online MBA. In addition to the benefit of a 100% online structure, graduates and alumni of the University of Kentucky’s MBA can pursue various technical, leadership, and managerial roles within or outside healthcare. Career outcomes associated with this degree reveal lucrative and challenging careers in health care management. Besides an impressive accreditation through the AACSB International, the business school upholds high regard for diversity at multiple levels throughout the school. The school’s new Real-Time, Online curriculum affords students the opportunity to attend classes online from any location (distance learning), in person (traditional), or a combination of both (hybrid). The online MBA delivers the benefits of a live classroom environment, which allows distance learners the chance to learn, participate in, and connect with a virtual space with staff, classmates, and project groups.
West Texas A&M UniversityPaul and Virginia Engler College of Business
The Paul and Virginia Engler College of Business at West Texas A&M University delivers a Healthcare Management online MBA. The AACSB International accredits the Paul and Virginia Engler College of Business, revealing academic integrity and organizational transparency which the business school operates under. The business school requires online MBA students lacking an undergraduate degree in business to take up to nine semester hours of leveling courses before moving on to core coursework. The prerequisite courses include subjects like finance, economics, management, and marketing. Twenty-eight credit hours of the degree consists of courses like Accounting for Decision Making, Marketing in the Age of Social Networks, Quantitative Analysis in Business, Information Technology Management, Strategic Management, and Financial Management of Biotechnology and Health Care. A GMAT waiver is offered by the Paul and Virginia Engler College of Business at West Texas A&M University. Students interested in the business school’s offerings may also want to research the concentrations in General Business, Marketing, Computer Information Systems, and Management.
Southeast Missouri State UniversityHarrison College of Business and Computing
Southeast Missouri State University’s Harrison College of Business features an online MBA with a concentration in Health Administration. Today’s competitive business world continues to place new demands on working professionals to not only keep up with regional and global change but to also hone their management and interpersonal competencies. Business leaders are often required to work alongside people at all organizational levels. In addition to the many tasks they are expected to perform, today’s managers must be proficient in addressing global opportunities, regulatory, and competition issues. A degree like this one allows students the chance to utilize the latest technology in communications, production, and controls. Online MBA grads will thrive during times of interaction with internationally diverse customers, suppliers, and employees. Southeast Missouri State University’s online MBA program will guide distance learners through all aspects of business and equip them with the knowledge to succeed in today’s global business environment. Other noteworthy specializations online MBA students may consider from the Harrison College of Business include General Management and Sport Management.
University of Central ArkansasCollege of Business
The University of Central Arkansas delivers a Health Care Administration online MBA at the College of Business. A tuition rate of just between $10,000 and $15,000 graces this high-powered online degree. The attractive price tag for the 30-credit hour program means students will get loads of bang for their buck since it has been proven that an MBA offers loads of potential in the area of return of investment in education. Technology for Managers, Operations Management, Accounting for Management Decisions, Marketing Strategy, Financial Decision Making, and Organizational Behavior are some of the core courses the business school allows distance learners to explore. International Business, Information Management, and Finance are three other areas of business that online MBA students can delve into with a quality specialization through the College of Business. UCA maintains a student body of 11,177 and offers degrees at the associate through doctoral levels. The University of Central Arkansas is home to the Bears.
University of Southern IndianaRomain College of Business
The University of Southern Indiana’s Romain College of Business offers an online MBA with a specialization in Healthcare Administration. The business school’s 100% online Master of Business Administration in Healthcare Administration has been designed for the working health care professional who requires the leadership skills and practical business knowledge expected in today’s health care industry. Graduate students will be equipped with how to process and identify mitigating risks, make data-driven decisions, and set organizational strategy from the unique perspective of a health care organization. All courses within this distance degree are delivered by a faculty centered on new ideas and collaborative decision making. The core coursework also gives MBA students a solid foundation in marketing, leadership skills, accounting, and IT management. With this degree, working professionals can adequately prepare for leadership positions such as pharmaceutical product manager, health care executive, medical and health services manager, and hospital administrator. The three concentration courses included in the program are Lean Six Sigma, Risk Management, and Data-Driven Decision Making.
Lamar UniversityCollege of Business
The College of Business at Lamar University provides an online MBA with an emphasis in Healthcare Administration. With the advancements of an aging population and constant healthcare reform, the business realm of healthcare continues to be the fastest-growing sector in the United States economy. Many things have changed in the way healthcare-related organizations, facilities, and businesses interact with patients, care providers, and the government over the past few years. All forecasting entities predict that even more changes are on the way. The online MBA with a focus in Healthcare Administration at Lamar University’s business school fuses a core of leadership skills and business strategy to specialized knowledge of the healthcare-specific business. Criminal Justice Management, Marketing, Enterprise Resource Planning (tech), Construction Project Management, and Management are the other top-shelf concentrations currently offered by the College of Business. Online MBA students also have the option of pursuing a degree as a general MBA without an area of emphasis.
Valdosta State UniversityHarley Langdale, Jr. College of Business Administration
Valdosta State University’s Harley Langdale, Jr. College of Business Administration provides an online MBA in Healthcare Administration. The business school also features a slightly more expensive Georgia WebMBA. The tuition rate for this program is higher than $10,000 yet considerably lower than $15,000 allowing students looking for a budget-minded degree to thrive in an AACSB International accredited program. A $35 application fee, a GMAT score of at least 400, the completion of an undergraduate degree with a GPA minimum of 2.5, and transcripts from all previously attended universities and colleges are some of the admissions requirements listed for this 100% online program. Business school candidates with managerial work experience, an undergraduate GPA of 3.0 or better, or an advanced degree may be able to waive the GMAT requirement during the acceptance process. Electives available within the program’s classes include Healthcare Operations Management, Strategic Human Resources Management, Healthcare Information Systems, Insurance and Risk Management, and Legal Aspects of Healthcare.
Ball State UniversityMiller College of Business
Ball State University delivers an online MBA in Health Economics, Policy, and Administration at the Miller College of Business. The business school provides distance learners with many attractive features to make seeking a business degree flexible and convenient. Students have the option to start this program at three separate times over the course of a calendar year. The tuition rate for this 33-credit hour degree is less than $15,000. A GMAT waiver is made available to candidates with the proper academic and professional credentials. Emphases in Entrepreneurship, Sales Management, Finance, Logistics, or Supply Chain Management can also be added to the curriculum of the business school’s online MBA. Focuses like these allow graduate students to gain a better understanding of some of the specialized areas of business leadership. Certificates in Business Essentials for Professionals, Professional Sales Management, and Health Economics, Policy, and Administration are also available to online MBA students.
Texas A&M University-Corpus ChristiCollege of Business
Texas A&M University-Corpus Christi delivers a Healthcare Administration-focused online MBA at the College of Business. The 36-credit hour Texas A&M-Corpus Christi online advanced degree with a specialization in Healthcare Administration has been designed for working professionals desiring to advance their careers. The AACSB International accredits the program. The accelerated term of just 12 months will be attractive to distance learners wanting to move quickly through a high-quality degree. Throughout the degree’s coursework, distance learners will acquire essential leadership knowledge in an MBA with a solid background in healthcare administration. The Health Care System, Health Law and Ethics, Health Economics & Policy, and Health Care Financial Management are the four healthcare administration concentration courses given to students after core coursework has been completed. Every component of this advanced degree is delivered online, with zero campus residencies required. A GMAT waiver can be made available to well-qualified applicants. Texas A&M-Corpus Christi maintains a student body of 11,929.
University of North Carolina WilmingtonCameron School of Business
A Healthcare Management-focused online MBA is presented at the Cameron School of Business at the University of North Carolina Wilmington. AACSB International has deemed the business school worthy of its essential business accreditation. Recognition from a trusted entity like the AACSB ensures business school students that they are receiving the very best in advanced business education. Students are exposed to courses like Business Law, Accounting, Marketing, Information Analysis and Management, Corporate Finance, Business Analytics, Operations Management, and Economics throughout this 36-credit hour degree. The attractive tuition rate of under $15,000 will be an asset to the budget-minded graduate student looking for the most bang for their academic buck. A GMAT waiver is available to students interested in that feature. High-powered emphases in the areas of Finance, Business Analytics, and International Business are also provided for graduate students of business at the Cameron School of Business. The business school planted in Wilmington, North Carolina, also provides an Executive MBA.
University of DallasSatish & Yasmin Gupta College of Business
An online MBA with a concentration in Healthcare Analytics is presented at the Satish & Yasmin Gupta College of Business at the University of Dallas. For just over $50,000 in tuition, a working professional can gain much in business training through the completion of this 42-credit hour program. The AACSB International backs the business school at the University of Dallas as the organization has shown itself to provide students at multiple levels a high-quality business education. There is absolutely no GMAT requirement listed on the admission requirements in the acceptance process, which saves candidates time and money. The other stellar specializations offered to business students at the Satish & Yasmin Gupta College of Business include Accounting, Global Business, Business Analytics, Information & Technology Management, Finance, and Cybersecurity. Graduate students desiring the general business training of an online MBA without a specific focus can also pursue a degree as a general MBA.
Healthcare management continues to grow at a rapid pace across the country. With technology continuing to advance and more people relying on quality medical networks, facilities, and providers, there will continue to be a need for competent healthcare managers and administrators for years to come. Advances in medicine continue to make the average life expectancy for Americans increase. A recent report on life expectancy by USA Today finds that someone born in 2016 will have an increase of seven years longer life compared to someone born in 1980.
The responsibilities of a healthcare manager include the oversight of many departments within a healthcare system or facility. Healthcare supervisors can work in the public or private sector as well as in the government, non-profit, or for-profit sectors. A manager may be responsible for making sure positions are filled with the most qualified employees and that certain organization goals are communicated and met within each department. It is often the healthcare administrator’s job to meet with department heads and make sure that things are running smoothly on all fronts. Some professionals in healthcare management are considered generalists, and others are specialists. Specialists are typically responsible for the leadership of a facility’s department like accounting or marketing where a generalist will oversee entire all departments of a facility.
The education level of a healthcare manager is typically high. Many in this field will have achieved a degree like an online Healthcare MBA as it gives a student a strong business foundation while also training her in the specific areas of healthcare management. Some professionals in healthcare will begin focusing on the healthcare market as undergraduates, and this can only help them at the master’s level by allowing them to waive foundational courses when pursuing an online MBA.
What will an online Healthcare MBA entail?
One of the greatest benefits of an online MBA is the excellent exposure to real-world case studies and a relevant perspective on the current state of healthcare that online MBA students enjoy throughout their degree. As recently reported by Forbes, current healthcare professionals continue to manage three areas that are driving the changes in the healthcare system. These areas center on advances in medical technology, cost efficiencies, and care for the patient.
Lessons will continue to be learned as organizations in healthcare learn how to be soluble in a competitive market where they will want to staff well and offer the best in modern healthcare. This is where managers and administrators in healthcare will make it or break it. The best trained healthcare professionals will be the ones who offer the best in healthcare business leadership. The online MBA has been designed to properly prepare a professional for how to provide the best in healthcare management, work well with teams, and keep an eye on the bottom line.
The curriculum of an online MBA with a Healthcare specialization is based on solid business principles like leadership, accounting, marketing, organizational behavior, finance, and management. Most programs will feature a higher number of credit hours centered on core courses. An average 36-credit hour degree may consist of 24-credit hours of core credit requirements before any concentration courses dealing with healthcare management are introduced.
The specialization courses within an online MBA may be presented as a pool of electives the student can choose from to satisfy a certain number of credits, or some business schools present their students with a fixed number of courses they need to take to graduate. The specialized courses will cover many of the specific and unique needs related to leading organizations in the healthcare industry.
What are the top jobs in healthcare management?
Professions in healthcare management can be as varied as the types of organizations that are in need. Titles in healthcare administration include hospital administrators, hospital chief executive officers, healthcare actuaries, and directors of nursing. Roles like these carry with them multiple levels of responsibilities, both health-related and financially. A nursing director may be in charge of an entire staff of nurses in one or more facilities. They typically report to an organization’s CEO and are in charge of setting a department’s budget and database of records. A hospital administrator will be in charge of multiple departments and many employees of a facility. The optimal degree for someone interested in a career like these two examples is the online MBA with a Healthcare specialization.
Some common threads between all roles like these are that they are very important to the organizations they work in, and management positions in healthcare typically are very lucrative. It has recently been reported that healthcare managers averaged $99,730 per year in salary over 2018. The outlook for professions like those also continues to look healthy, and the growth rate for healthcare administrators is much higher than the national average.
How do I apply for an online Healthcare MBA?
With so many options for higher education, researching a program that will be the best fit can seem like a daunting task. Fortunately, many business schools have made applying for a degree like the popular online MBA in Healthcare a simple process. A quick scan of a business school’s website will usually yield a box to click for more information or to get the application process started immediately. Some schools have admissions advisors just a click or phone call away to answer any questions about the program or admissions process.
All business schools will want to know what previous education you have accomplished before being admitted into an online MBA. The typical prerequisite for a graduate degree is the completion of an undergraduate degree with a grade point average of between 2.75 and 3.25, generally speaking. Most well-accredited business schools will require that a completed bachelor’s degree be from an accredited four-year college or university.
Other important elements of a complete admissions package may include transcripts from all previously-attended schools, a current resume, some letters of recommendation, and a statement of intent showing academic and professional goals for the future. Since the MBA is a higher-level professional degree, many programs do require that their applicants have already been working as a professional for between two and five years.
An online Healthcare MBA is a great choice for business professionals interested in the exciting world of medical and healthcare leadership. Applying for a degree like this one is easier than one might think.