As the senior generation ages, the demand for healthcare professionals rises. With a projected growth rate of 18% by 2028, the Bureau of Labor Statistics (BLS) anticipates the field of healthcare management to expand much faster than the national average. With a median salary of $99,730, medical and health services managers earn a lucrative living.
Earning an MBA in healthcare management enables students to begin their professional lives with strong leadership skills and an expanded network of business-minded peers. Read on to learn more about top online MBA degrees in healthcare management and why you might want to pursue this kind of degree.
Here are the 10 Best Online MBA Programs in Healthcare Management:
- Johns Hopkins University - Baltimore, MD
- University of Scranton - Scranton, PA
- Concordia University - Saint Paul - Saint Paul, MN
- The College of Saint Scholastica - Duluth, MN
- University of the Sciences - Philadelphia, PA
- University of Delaware - Newark, DE
- Clarkson University - Potsdam, NY
- Quinnipiac University - Hamden, CT
- Lewis University - Romeoville, IL
- Mercer University - Macon, GA
Top Online MBA Programs in Healthcare Management 2020
|Rank||School||Location||Cost||Toggle||Logo||Tuition||% Receiving Financial Aid||Student Population||School Type||Description|
Johns Hopkins University
|Location Baltimore , MD||Tuition $$$$$||% Receiving Financial Aid 39||Student Population 22,686||Tuition $71,820||School Type Private||
Located in Baltimore, Maryland, JHU holds distinction as America's first research university. JHU offers the top online MBA in healthcare management, designed to accommodate working professionals. Students complete the 54-credit-hour curriculum in under three years.
Thirty credit hours of business foundations coursework emphasizes analytics, communication, and leadership in organizational settings. Classes in negotiation, operations management, and information systems build knowledge of theoretical and technical business practices. Several of the business foundations classes include an on-campus residency.
Learners complete required healthcare management courses in frameworks for analyzing health markets and healthcare law and regulation. Additional healthcare management electives include healthcare organizations and management, emerging frontiers in health technologies and strategies, and a sequential healthcare strategy consulting practicum.
Online and on-campus students pay $1,410 per credit hour. Applicants need two years of work experience to apply. Application materials include a resume, essays, a letter of recommendation, and GMAT or GRE scores.
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University of Scranton
|Location Scranton , PA||Tuition $$$$$||% Receiving Financial Aid 67||Student Population 5,422||Tuition $34,740||School Type Private||
Established as a Jesuit institution in 1888, Scranton offers academic programs infused with Catholic tradition. Scranton's online MBA in healthcare management emphasizes technological integration in business settings while preparing future healthcare leaders.
This online MBA in healthcare management includes 36 credit hours. Core coursework in accounting, economics, and finance; operations, analytics, and information; and management and marketing accompany 12-18 credit hours of concentration classes.
The healthcare management curriculum explores healthcare law, hospital administration, health services and systems, and healthcare financial management. Learners also study health informatics and complete a capstone requirement at the end of their program.
To apply, learners provide three letters of reference, a statement of intent, a resume, and transcripts from previous college coursework. Applicants must have at least three years of professional or supervisory experience.
Concordia University - Saint Paul
|Location Saint Paul , MN||Tuition $$$$$||% Receiving Financial Aid 64||Student Population 4,380||Tuition $26,250||School Type Private||
Operated by the Lutheran Church-Missouri Synod, CSP represents one of nine schools in the Concordia University System. CSP's online MBA in healthcare management comprises 42 credit hours of core and concentration coursework.
The MBA core at CSP emphasizes business analytics, strategic decision-making, and effective communication. Students complete classes in organizational leadership and development, managerial finance and accounting, and global economics. Concentration coursework in quality practices trains students to blend customer service and happiness with efficient, effective healthcare management. Learners also build strategic leadership skills, applicable to healthcare settings and gain healthcare informatics skills.
Online MBA students at CSP work with mentors throughout the program to put together a managerial application portfolio. Each online MBA course lasts seven weeks. Online learners pay $625 per credit hour, with discounts available to active military personnel. To apply, learners submit transcripts from previous college coursework demonstrating a minimum 3.0 GPA and a personal statement.
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The College of Saint Scholastica
|Location Duluth , MN||Tuition $$$$$||% Receiving Financial Aid 68||Student Population 4,329||Tuition $19,080||School Type Private||
Rooted in Benedictine Catholic values, CSS serves students from its main campus in Duluth, Minnesota, online, and at locations throughout the state. The online MBA in rural health at CSS includes 36 credit hours, which learners complete in as few as two years.
Designed to prepare students for the challenges faced by hospitals and clinics in rural settings, CSS's online MBA emphasizes core management and healthcare knowledge and skills. Managerial coursework in human resources, organizational behavior, and economics for decision-making accompany classes in marketing and organization development.
Healthcare administration and healthcare finance classes offer insights into the current healthcare business environment, also training students in budget preparation, reimbursement processes, and profitability analysis. At the end of CSS's rural health MBA, students carry out a research project, synthesizing degree knowledge in an academic paper. Applicants submit transcripts from previous college coursework for consideration. Online students pay $565 per credit hour.View School Profile
University of the Sciences
|Location Philadelphia , PA||Tuition $$$$$||% Receiving Financial Aid 73||Student Population 2,664||Tuition $67,040||School Type Private||
Established as North America's first pharmacy college in 1821, USciences offers an online MBA in pharmaceutical and healthcare business. The specialized program includes online coursework, on-campus intensive learning experiences, and a cooperative capstone experience.
Students earn MBAs in pharmaceutical and healthcare business from USciences in as few as 27 months. Twenty-six credit hours of required courses in managerial and corporate finance, financial accounting, and leadership and development accompany classes in team dynamics and business statistics. Learners also complete four credit hours of strategic management classes.
Concentration coursework explores issues and trends in health policy, health economics, and international pharmaceutical business. Classes in pharmaceutical sales, marketing, research, and development prepare students for a global business strategies capstone requirement.
Two courses in the MBA curriculum bring learners to USciences' Philadelphia, Pennsylvania, campus for a five-day residency. The capstone course features an on-campus presentation. Learners can take classes in the evenings, online, or both. All MBA students in pharmaceutical and healthcare business pay $1,000 per credit hour.
Applicants must submit transcripts, a personal statement, a resume, and three letters of recommendation.View School Profile
University of Delaware
|Location Newark , DE||Tuition $$$$$||% Receiving Financial Aid 52||Student Population 22,852||Tuition $35,750||School Type Public||
UD, located in Newark, Delaware, represents the state's largest higher learning institution. The online MBA in healthcare management at UD includes 44 credit hours, which students complete in as few as 16 months.
UD's online MBA core focuses on fundamentals of analytics; managing people, teams, and organizations; and financial and marketing management. Learners explore ethical issues in domestic and global business environments, also participating in professional development seminars in emotional intelligence and critical-thinking and communicating, branding, and career networking.
Fifteen credit hours of concentration coursework emphasize population health informatics, e-service management in healthcare, and patient experience and engagement. Additional healthcare management course options include leadership and innovation in public health or policy and finance for healthcare delivery.
Applicants must demonstrate a minimum 2.8 GPA from an accredited bachelor's program, plus two years of work experience. Qualified applicants may receive waivers for required GMAT or GRE scores. Online MBA students pay $900 per credit hour.
|Location Potsdam , NY||Tuition $$$$$||% Receiving Financial Aid 77||Student Population 3,910||Tuition $54,624||School Type Private||
Based in Potsdam, New York, Clarkson traces its origins to 1896. It offers a 48-credit hour online MBA in healthcare management through the David D. Reh School of Business.
Clarkson's MBA in healthcare management core features 21 credit hours in healthcare operations, marketing, and systems management. Learners study statistical methods for data analytics and financial and managerial accounting for decision-making. They also participate in a leadership seminar.
Advanced classes include healthcare finance, economics, and policy. In anticipation of an internship and a capstone course, learners also explore structural dynamics, legal issues, and strategy within healthcare organizations. Students with relevant work experience may receive waivers for their internship requirement.
Most students earn their MBAs in healthcare management in three years. Applicants submit transcripts, GRE or GMAT scores, and a resume for consideration. Additional application materials include a statement of purpose and three letters of recommendation.
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|Location Hamden , CT||Tuition $$$$$||% Receiving Financial Aid 61||Student Population 9,654||Tuition $42,550||School Type Private||
Founded in 1929, Quinnipiac occupies campuses in Hamden and North Haven, Connecticut. Home to the well-known Quinnipiac University Polling Institute, Quinnipiac offers a 46-credit hour online MBA in healthcare management.
The MBA core at Quinnipiac emphasizes decision-making for business leaders. Students study financial, marketing, and operational decision-making, plus coursework in managing the decision-making process. To build decision-making tools, learners complete coursework in managerial economics, information systems strategy, and business decision analysis.
Fifteen credit hours of healthcare management courses include quality management in healthcare facilities, integrated health systems and managed care, and legal aspects of healthcare delivery. Learners participate in a decision-making capstone at the end of the program, applying functional business knowledge through company analysis and case-study exercises.
Applicants submit transcripts, three letters of recommendation, a resume, and a letter of intent for consideration. Unless waived, students also submit GRE or GMAT scores.
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|Location Romeoville , IL||Tuition $$$$$||% Receiving Financial Aid 68||Student Population 6,544||Tuition $28,620||School Type Private||
Steeped in Catholic and Lasallian tradition, Lewis opened its doors under the auspices of the Archdiocese of Chicago in 1932. Lewis offers an online MBA in healthcare management, which comprises 36-54 credit hours.
Foundational coursework in Lewis's online MBA builds knowledge of accounting, economics, marketing, and finance. Students with previous coursework in these areas, or who successfully complete proficiency exams, may receive waivers for foundation requirements. The MBA core at Lewis includes 24 credit hours of coursework in managerial accounting, economics, finance, and communication. Learners study legal and ethical foundations of business, international business, and strategic management in a global environment.
Nine credit hours of healthcare management classes emphasize healthcare finance and economics, quality management in healthcare, and business intelligence and data analysis. Learners may also complete coursework in disaster recovery and business continuity planning as part of their degree.
Applicants provide transcripts from previous college coursework demonstrating a minimum 3.0 GPA, a resume, and two recommendations for consideration. On-campus and online students in the MBA program pay $810 per credit hour.
|Location Macon , GA||Tuition $$$$$||% Receiving Financial Aid 65||Student Population 8,600||Tuition $26,640||School Type Private||
With a main campus in Macon, Georgia, Mercer represents the state's oldest private university. Mercer's online MBA in healthcare management comprises 36-45 credit hours of foundation, core, specialized, and capstone coursework.
Students with previous coursework in economics, accounting and finance, and applied business statistics may receive waivers for foundation course requirements. Mercer's MBA core includes 21 credit hours in managerial economics and accounting, ethical leadership, and operations management science.
Twelve credit hours of healthcare management coursework emphasize healthcare economics and finance and ethical issues in the healthcare industry. Students may participate in a healthcare management internship before completing their culminating capstone course.
Applicants submit transcripts from a regionally accredited bachelor's program, plus a resume and GRE or GMAT scores for consideration. Mercer offers five admission dates each year and allows learners to complete classes online or in the classroom. Students earn their degrees in as few as 18 months.
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|Location Dallas , PA||Tuition $$$$$||% Receiving Financial Aid 72||Student Population 2,963||Tuition $26,640||School Type Private||
Founded by the Sisters of Mercy in 1924, Misericordia offers academic programs rich in Catholic heritage from its campus in Dallas, Pennsylvania. The online MBA in healthcare management at Misericordia comprises 36 credit hours of core and concentration coursework.
Twenty-four credit hours of core courses emphasize organizational behavior and development, law and the business environment, and information analysis and interpretation. Learners study information systems for management, human resources, and managerial economics in anticipation of an integrative capstone experience.
Learners complete a required healthcare leadership and management course, plus six additional credit hours of concentration requirements. Course options include global health, healthcare finance, and healthcare law. Part-time students complete Misericordia's online MBA in healthcare management in as few as 30 months. Applicants submit transcripts for consideration. Online learners pay $645 per credit hour.
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|Location Center Valley , PA||Tuition $$$$$||% Receiving Financial Aid 66||Student Population 3,136||Tuition $30,240||School Type Private||
DeSales, located in Center Valley, Pennsylvania, honors its namesake, St. Francis de Sales, by offering educational programs based in Catholic heritage. DeSales' online MBA in healthcare management includes 36 credit hours of core, concentration, and capstone coursework.
Individuals with no business background may take additional foundation classes. Prerequisites for the online MBA include micro- and macroeconomics, marketing, management, and accounting. However, DeSales offers these, as well. The MBA core at DeSales builds comprehensive business administration knowledge and skills. Learners complete seven classes in topics such as business and society, financial management, business computing, and executive skills development.
Twelve credit hours of healthcare management classes allow learners to explore aspects of the healthcare industry that meet their professional goals. Course options include fiscal issues in health systems management, principles and strategies for managed healthcare, and community health assessment and planning. Applicants submit a resume, three professional references, a personal statement, and transcripts for consideration. Individuals who do not meet a 3.0 GPA may supplement their applications with GMAT scores.
Queens University of Charlotte
|Location Charlotte , NC||Tuition $$$$$||% Receiving Financial Aid 65||Student Population 2,286||Tuition $39,780||School Type Private||
Affiliated with the Presbyterian Church, Queens University opened its doors in Charlotte, North Carolina, in 1857. Dedicated to liberal arts and professional studies, Queens University offers an online MBA in healthcare management, which learners complete in as few as two years.
Foundation courses in accounting, finance, and statistics prepare learners for core and concentration coursework. Learners with previous coursework in these areas or sufficient work experience may receive waivers for foundation requirements. The MBA core at Queens University includes 21 credit hours of coursework in leadership development, managerial accounting and finance, and economics for managers. Learners study business analytics and marketing management, as well.
Nine credit hours of healthcare management classes emphasize health services organization and delivery. Learners explore management and human resources in healthcare, quality improvement in healthcare organizations, and managerial epidemiology research and statistics.
At the beginning of the MBA program, all students participate in an immersive residency experience. To apply, learners submit transcripts, an admissions essay, a resume, and two letters of recommendation. Applicants may receive waivers for required GRE or GMAT scores based on previous academic performance and professional experience.
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|Location Boston , MA||Tuition $$$$$||% Receiving Financial Aid 44||Student Population 19,940||Tuition $78,000||School Type Private||
Based in Boston, Massachusetts, Northeastern began as an evening institute for young men. Now designated an R1 institution, Northeastern's online MBA in healthcare management curriculum includes 50 credit hours.
The 39-credit hour MBA core at Northeastern emphasizes the managerial aspects of global enterprise, information resources, and ethics in the workplace and marketplace. Learners study strategic implications for accounting data, information analysis, and global competition and market dominance to build decision-making skills as well.
Twelve credit hours of healthcare management classes explore healthcare finance, strategic decision-making for healthcare professionals, and health informatics and information systems. Online students may participate in an on-campus or international field study residency, as well.
Applicants submit transcripts, two letters of recommendation, a personal statement, and a resume for consideration. Learners need a minimum 3.0 GPA, an accredited bachelor's degree, and five years of professional experience for admission.
|Location Chester , PA||Tuition $$$$$||% Receiving Financial Aid 72||Student Population 5,303||Tuition $33,132||School Type Private||
With campuses in Harrisburg and Chester, Pennsylvania, and Wilmington, Delaware, Widener traces its origins to 1821. Widener's online MBA in health management comprises 33 credit hours, which students can complete in 18-24 months.
Depending on previous coursework, students may complete five foundational courses in analytics, accounting, organizational behavior, and finance. Widener's MBA core emphasizes managing business processes, managerial decision-making, and data analytics through 24 credit hours of coursework. Learners also explore theory and practice of organizational leadership.
Healthcare management courses focus on healthcare policy and community health management. Students build management skills and gain insights into management in changing and innovative settings. Widener also offers non-credit hour seminars and workshops to supplement its online MBA. Topics include leadership presence, negotiation, interviewing, and ethics.
Applicants provide transcripts from regionally accredited bachelor's degrees demonstrating a minimum 2.7 GPA, plus GMAT scores. Widener waives GMAT requirements for students with master's degrees, sufficient work experience, or undergraduate GPAs of 3.3 or higher.
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|Location Dallas , TX||Tuition $$$$$||% Receiving Financial Aid 83||Student Population 1,015||Tuition $25,272||School Type Private||
Focused on healthcare-related academic programs, Parker began as a chiropractic college in 1982. Parker's online MBA in healthcare management comprises 36-42 credit hours of coursework, which students complete in 2-3 years.
Applicants admitted without bachelor's degrees in business complete six credit hours of MBA prerequisites in management, marketing and statistics, and accounting and finance. Core coursework emphasizes organizational behavior, marketing and financial management, and ethical leadership.
Twelve credit hours of healthcare management include healthcare policy analysis and decision-making and strategic management of health services organizations. Learners study corporate compliance and legal issues in healthcare before completing their business strategies capstone requirement. To apply, students submit transcripts from previous college coursework and GMAT scores. Individuals may receive GMAT waivers based on their cumulative GPA and previous work experience.
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University of Arizona
|Location Tucson , AZ||Tuition $$$$$||% Receiving Financial Aid 41||Student Population 42,595||Tuition $45,000||School Type Public||
UArizona traces its origins to 1885, when it was established as the first university in the Arizona territory. Through the Eller College of Management, UArizona offers an online MBA in healthcare management, which students can complete in 14-30 months.
UArizona's MBA core includes 28 credit hours of coursework in financial and managerial accounting, business strategy, and business statistics and analysis. Students explore finance from the perspectives of analysis and managers, while building managerial skills applicable to marketing, information systems, and organizational ethics.
The healthcare management concentration emphasizes health economics, leadership in healthcare, and healthcare organization and management. Through the 17-credit hour healthcare management curriculum, learners study healthcare quality and reliability, healthcare entrepreneurship, and leading healthcare change, as well.
Applicants to the online MBA in healthcare management at UArizona submit a resume, a comprehensive essay, three letters of recommendation, and transcripts for consideration. Applicants who meet the educational and professional thresholds set by UArizona may receive waivers for required GMAT or GRE scores.
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|Location Hempstead , NY||Tuition $$$$$||% Receiving Financial Aid 53||Student Population 10,814||Tuition $76,600||School Type Private||
Now the largest university on Long Island, Hofstra University began as an extension of New York University. Hofstra University's online MBA in strategic healthcare management includes 38-45 credit hours, following a cohort model.
Learners can complete Hofstra University's MBA in two years in the cohort format. After the first semester, learners can opt out of their cohorts and earn their MBAs in an asynchronous format instead. Non-cohort students have up to five years to earn their degrees.
The online MBA in strategic healthcare management at Hofstra University features three areas of coursework. Students complete six credit hours of core competency requirements in legal, political, regulatory, and ethical business environments, plus business ethics and society. The advanced core offers a comprehensive look at business administration fundamentals through courses in information systems for managers, managerial finance, organizational behavior, and qualitative analysis.
Concentration coursework focuses on innovation, creativity, and design; strategic planning and accounting; and financial policy and analysis as they relate to the contemporary healthcare industry. Two four-day residencies bring together students at the beginning and end of the program.
Application materials include transcripts, GMAT scores, a personal statement, and two letters of recommendation.
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|Location North Canton , OH||Tuition $$$$$||% Receiving Financial Aid 77||Student Population 2,860||Tuition $24,660||School Type Private||
Academic programs at Walsh -- an independent, Catholic university located in North Canton, Ohio -- emphasize faith, character, and leadership. Students earn an online MBA in healthcare management from Walsh in as little as one year.
Walsh's online MBA core includes 18 credit hours of coursework in sustainable ethical leadership, financial accounting and management, and information systems. Learners also study organizational behavior and communication, marketing, and applied organizational research and analysis.
The healthcare management curriculum emphasizes quality and performance management, healthcare finance and economics, and legal and policy aspects of healthcare. Coursework in healthcare organization and systems accompanies elective coursework in nonprofit accounting, services marketing, or entrepreneurship and innovation.
During their healthcare management capstone course, learners focus on strategic management, diagnosing and identifying realistic solutions to existing, complex problems and issues in the healthcare industry.
Applicants must submit transcripts and a resume for consideration. Walsh admits students at six start dates each year.
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University of Cincinnati
|Location Cincinnati , OH||Tuition $$$$$||% Receiving Financial Aid 54||Student Population 36,042||Tuition $33,820||School Type Public||
Established in 1819, UC functions as part of the University System of Ohio. UC's online MBA in healthcare operations includes 26 credit hours of core courses, plus 12 credit hours of concentration classes.
The MBA core at UC builds comprehensive knowledge of accounting, financial and strategic management, and leadership. Learners study managerial economics, information and technology, and decision modeling in anticipation of a capstone requirement.
The healthcare operations curriculum focuses on health policy, healthcare finance, and healthcare economics. Classes in health systems management emphasize organization and delivery, while health quality courses explore evidence-based decision-making and total quality management.
Applicants must hold a bachelor's degree from an accredited university. Application materials include a goal statement, a resume, letters of recommendation, and GRE or GMAT scores. UC may award GRE/GMAT waivers for individuals who meet GPA and work experience requirements.
|Location Saint Louis , MO||Tuition $$$$$||% Receiving Financial Aid 65||Student Population 15,256||Tuition $28,080||School Type Private||
Based in the greater St. Louis, Missouri, metropolitan area, Webster offers academic programs through a network of campuses worldwide. Webster's online MBA in health administration includes 36 credit hours of core and concentration coursework. Individuals who need foundation prerequisites may take up to nine additional credit hours in business, accounting, and economics.
The MBA core at Webster integrates 27 credit hours of classes in organizational behavior, business statistics, corporate finance, and marketing. Additional core courses include strategy and competition, managerial economics, and operations and project management.
Nine credit hours of health administration courses build comprehensive knowledge and skills applicable to the healthcare industry. Learners study organizational and management in health administration, health administration law, and financial management for health administrators.
To apply, learners must submit transcripts demonstrating a minimum 2.5 GPA. Webster may award provisional and conditional admission on a case-by-case basis.
University of Texas at Dallas
|Location Richardson , TX||Tuition $$$$$||% Receiving Financial Aid 53||Student Population 24,554||Tuition $49,531||School Type Public||
Absorbed into the University of Texas System in 1961, UT Dallas occupies a main campus in Richardson, Texas. The online MBA in healthcare leadership and management prepares students for leadership in the healthcare industry through 53 credit hours of cross-functional and industry-focused coursework.
Thirty-two credit hours of core classes emphasize accounting, financial, and strategic management. Learners study international business, business economics, and organizational behavior, building decision-making skills through classes in statistics, data analysis, and managing information technology in the analytics age.
Students complete 21 credit hours of elective coursework, 12 of which may apply toward the healthcare leadership and management concentration. Healthcare-specific courses include healthcare cost management and control, strategic leadership of healthcare organizations, and electronic health records applications.
Students earn an MBA in healthcare leadership and management from UT Dallas in as few as 21 months. Program prerequisites include quantitative foundations of business and communications for management.
Applicants must provide GMAT scores, transcripts from an accredited bachelor's program, and at least one letter of recommendation. Additional application materials include an essay and a resume.
University of Hartford
|Location West Hartford , CT||Tuition $$$$$||% Receiving Financial Aid 69||Student Population 6,912||Tuition $35,445||School Type Private||
From its 350-acre campus in West Hartford, Connecticut, UHart offers a 36-credit hour online MBA in healthcare management. Students complete 12 courses, earning their MBAs in as few as 24 months.
UHart's MBA core includes 27 credit hours of comprehensive business coursework. Students learn about the managerial aspects of organizational processes, accounting, statistics, and economics. Coursework in global strategy, business law and compliance, and organizational management builds decision-making and leadership skills.
Healthcare management learners complete nine credit hours in healthcare economics and analytics, healthcare insurance and financing, and health systems and management.
Applicants write letters of intent and supply resumes for consideration. Additional application materials include transcripts from previous college coursework and GMAT scores. Individuals with at least three years' work experience and/or a 3.0 GPA can request GMAT waivers. Online and on-campus students pay comparable per-credit hour tuition.
East Carolina University
|Location Greenville , NC||Tuition $$$$$||% Receiving Financial Aid 57||Student Population 28,289||Tuition $12,342||School Type Public||
From its campus in Greenville, North Carolina, ECU offers an asynchronous, online MBA in healthcare management comprising 33-54 credit hours. Students with previous coursework and professional experience can waive foundation requirements and earn their degrees by completing as few as 11 courses.
Seven foundation classes in ECU's healthcare management MBA build essential business knowledge. Learners study financial and managerial accounting, business regulations, comparative management, and quantitative methods. ECU's MBA core includes 24 credit hours of coursework in management science, financial and strategic management, and organizational behavior.
Through MBA electives, learners can complete a healthcare management certificate. Twelve credit hours of required classes include healthcare systems and problems, management of healthcare operations, financial management of healthcare organizations, and healthcare strategic planning and management.
Applicants submit GMAT scores and transcripts reflecting a minimum 2.7 GPA for consideration. ECU may award GMAT waivers based on academic performance and professional experience.
Thomas Edison State University
|Location Trenton , NJ||Tuition $$$$$||% Receiving Financial Aid 14||Student Population 13,093||Tuition $27,846||School Type Public||
One of the first higher education institutions designed specifically for adults, TESU opened its doors in Trenton, New Jersey, in 1972. TESU offers a 39-credit hour online MBA in healthcare management, which students can complete in as few as 15 months.
TESU's MBA core includes 21 credit hours of coursework in management fundamentals. Students learn about marketing, financial, global strategic, and operational management. Coursework in ethics for managers and organizational research precede a required management capstone.
The healthcare management curriculum includes 12 credit hours in healthcare delivery, finance, and law. A course in strategic management within a healthcare organization prepares students to effectively apply business competencies to trends, regulatory changes, and financial realities of the healthcare industry.
To apply, prospective learners must submit transcripts, a resume, and a personal statement for consideration. Candidates must complete prerequisite coursework in financial accounting, microeconomics, and statistics.
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What Is an MBA in Healthcare Management?
Earning an online MBA in healthcare management is an excellent choice for students interested in healthcare, business, and organizational leadership. Over the next few years, the BLS projects an increase of more than 71,600 jobs in medical and healthcare management. Healthcare management professionals supervise hospitals and private practices, manage specialized departments, and run their own consulting businesses.
Earning an MBA in healthcare management paves the way to a multitude of careers in hospital administration, long-term care management, medical and health services management, and health information management. Each of these roles requires strong management skills and a robust understanding of current healthcare laws and regulations.
Why Should You Get an Online MBA in Healthcare Management?
With a strong background in business and healthcare, professionals who hold an MBA in healthcare management can qualify for high-level positions in hospitals, clinics, private organizations, and other healthcare facilities. As a big business in today's economy, the healthcare field offers high earning potential and a growing need for healthcare executives. Pursuing an advanced degree in this field provides students with a competitive edge in hiring.
Distance learning opens up an array of learning opportunities for MBA students. By pursuing an online MBA in healthcare management, prospective students can enroll in courses with elite professors who teach at out-of-state schools. Self-motivated students who work well independently often enjoy the flexibility associated with asynchronous, self-paced online programs. Online MBA students can also take courses in real-time with web conferences and online discussion boards. With a variety of online learning models available, prospective students can choose the program that works best for them.
What Can You Do With an MBA in Healthcare Management?
- Hospital Administrator
Hospital administrators oversee the daily operations of a hospital. They plan and coordinate financial goals, such as budgetary goals and fundraising targets, and work to ensure organizational compliance with legal regulations. Hospital administrators often take on human resources tasks such as hiring, payroll, and employee training. Since administrators occupy managerial positions, they typically possess strong customer service and communication skills honed through many years of experience in healthcare. PayScale reports that hospital administrators earn an average yearly income of $87,000.
- Director of Health Services
Similar to hospital administrators, directors of health services also oversee business activities. However, they work in various healthcare settings, including hospitals, doctors' offices, nursing care facilities, and outpatient care centers. Some health services directors hold public official roles within the local and state governments. Directors typically hold many years of work experience and possess the ability to establish strong relationships with patients and staff. According to PayScale, entry-level health services directors typically earn an average annual salary of $71,000.
- Healthcare Consultant
Healthcare consultants undertake a variety of organizational and business-related responsibilities, including conducting research and designing systems. Consultants may work in large hospitals or for private healthcare providers. Consultants typically work independently. Some healthcare consultants work with several clients on multiple projects simultaneously, while others prefer to work full-time hours for one client at a time. Consultants possess strong communication skills and the ability to think and work autonomously. PayScale reports the average yearly salary for a healthcare consultant is $77,000.
- Medical and Health Services Manager
Medical and health services managers occupy similar roles to healthcare administrators in that they oversee operations such as recordkeeping, human resources, and accounting. They work in hospitals, doctors' offices, nursing homes, or specialized medical departments such as surgery or physical therapy. The BLS projects a job growth rate of 18% for medical and health services managers over the next several years and reports the median income for these professionals is $99,730 per year.
- Health Information Management Manager
Health information management (HIM) managers maintain and secure data for healthcare providers. HIM managers design databases and work to ensure the accuracy, accessibility, and security of patient information, laboratory results, and diagnostic records. Professionals in this role typically possess many years of experience in medical recordkeeping and a strong understanding of legal compliance, rules, and regulations such as HIPAA. According to PayScale reports, health information management managers earn an average annual salary of $57,000.
Online MBA in Healthcare Management Curriculum
All online MBA in healthcare management programs include courses in business and healthcare, such as organizational leadership and healthcare reform. However, each program constructs its own course descriptions. Since coursework requirements vary by program, prospective students should check with their specific schools of interest to explore class offerings.
Courses in operations management explore behind-the-scenes aspects of running a business. Students examine operational issues and techniques for success. Topics include the importance of operations management, supply chain management, and decision-making tools used to maximize organizational performance.
Healthcare reform courses cover systemic issues in American healthcare. Students discuss the costs, accessibility, and quality of healthcare services. Topics include the Affordable Care Act, health insurance coverage, and the future of the American healthcare system.
Principles of Managed Care
Courses in managed care explore the strategic planning and regulation of health insurance and managed care plans. Topics cover population care management, provider payment and cost management, and quality and accountability of health insurance.
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How to Choose the Right Online MBA in Healthcare Management Program
Students interested in advancing their careers in the healthcare industry can select from a variety of educational options. A master's degree in healthcare administration prepares students to work in high-level administrative positions in healthcare facilities. A master's degree in public health prepares students to work in healthcare policy and disease prevention. With a broader understanding of the business aspects of healthcare, including marketing, finance, and human resources, graduates who earn an online MBA in healthcare management enjoy a wider variety of possible career outcomes.
Prospective online MBA in healthcare management students should consider myriad factors in their search for the right program. Consider, for example, the cost of tuition and potential financial aid opportunities such as student loans, grants, scholarships, and work-study options.
Note any on-campus requirements and extracurricular graduation requirements such as internships, externships, and thesis papers. It's also important to consider whether a program is offered full time or part time. Finally, look into a school's accreditation status and any partnerships with local businesses. A school's reputation can have an everlasting effect on a candidate's resume when searching for a job.
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Scholarships for Healthcare Management MBA Programs
The financial burden of higher education often weighs heavy on the minds of college students. Fortunately, prospective students can explore an abundance of options to offset the cost of an advanced degree, including student loans, grants, and scholarships. MBA students should sort through and apply for as many scholarships as possible. The list below features scholarships available to students pursuing an online MBA in healthcare management.
The Institute for Diversity and Health Equity offers this scholarship to first- and second-year graduate students pursuing an advanced degree in healthcare administration or related degree such as an MBA. Applicants must be members of a federally classified ethnic minority group.
The Florence Gaynor Award provides scholarships to graduate students pursuing careers in healthcare management. Applicants must be female members of the National Association of Health Services Executives (NAHSE).
The NAHSE Scholarship Program awards financial support to African American graduate students pursuing a degree in healthcare administration or a related field. Applicants must be members of NAHSE.
NAHSE presents the Ellis Bonner Award to students pursuing a graduate degree in healthcare administration or a related field. Applicants must demonstrate academic merit, financial need, and membership in NAHSE.
The Foundation of the American College of Healthcare Executives offers the Foster G. McGaw Scholarship to students in the final year of their healthcare management graduate program. Applicants must demonstrate financial need.
Professional Organizations for Healthcare Management
Professional associations provide great resources for graduate students. Joining a professional organization opens pathways to networking opportunities at events, conferences, workshops, and local meetings. Members may receive access to private job boards, new research, and relevant literature. The list below features selected professional healthcare, business, and healthcare management organizations.
- Association of University Programs in Health AdministrationAUPHA is a nonprofit network of schools, professionals, and organizations dedicated to health administration education. The association promotes innovation in health management and improvement of healthcare delivery. Member benefits include faculty forums, complimentary journal subscriptions, and discounted rates for promotional materials.
- Business Professionals of AmericaAs a member group of student leaders across the country, BPA serves students pursuing careers in business management and related fields. Member benefits include scholarship opportunities and a national leadership conference.
- National Association of Health Service ExecutivesA nonprofit association of black healthcare executives, NAHSE supports black leaders and advances the participation of minority groups in healthcare fields.