MBA in Healthcare Management Program – Best Universities

Students who have a graduate Healthcare Management degree will be having a variety of options for a successful career. A Master of Healthcare Management is an excellent choice for individuals interested in the exciting field of Healthcare Management. One of the most popular degrees sought after for a career in Healthcare Management is a specialization or concentration in Healthcare Management. This degree allows the students to seek employment in hospitals, long-term care facilities, rehabilitation facilities, pharmaceutical companies, insurance companies and many more.

Below provided is the list of top-ranked MBA programs in the United States that offer a specialization in Healthcare Management or Administration.

Top Universities offering MBA in Healthcare Management

• Harvard University – Healthcare Management Program
  

The Master of Business Administration with the Health Care Initiative offered by the Harvard Business School (HBS) connects the business community, including MBA students, alumni, faculty, staff, and Executive Education participants, to ideas, resources, and opportunities for collaboration that have created new initiatives for Healthcare practice. The Healthcare Management Program was established by Harvard University to serve as a pathway for healthcare research, educational programs, and entrepreneurial projects across all sectors of the healthcare hospitals, from life sciences and medical devices to care delivery and public health policy.

• Harvard University is located in Boston, Massachusetts.
• Cost $56,175 per annum and is full-time

• The University of Pennsylvania – Healthcare Management Program
  

The Health Care Management at Pennsylvania University mainly built on the established strength of the management core to provide expertise in the unique elements and issues of the healthcare industry. The manager’s role in healthcare organizations continues to grow in importance, as the rapidly changing healthcare industry which made them become the nation’s second largest employer. The Pennsylvania University produce well-qualified graduates who will be able to respond to the many critical problems that are currently faced by the hospitals, government agencies, group practices, pharmaceutical and biotechnology firms, insurance and managed care organizations, and consulting firms.

• The University of Pennsylvania is located in Philadelphia, Pennsylvania.
• Cost $59,736 per annum and is full-time

• Massachusetts Institute of Technology – Healthcare Management Program
  

Students at Massachusetts Institute of Technology (MIT) have the opportunity to seek specialized certificates in Healthcare, sustainability, and business analytics. These options at the university offer topical coursework and extracurricular activities with key industry leaders and faculty. Certificates are available to all MIT students, which creates an exciting classroom dynamic as students from around the Institute contribute their unique perspectives to the course

• The University of Pennsylvania is located in Cambridge, Massachusetts.
• Cost $61,152 per annum and is full-time

• Northwestern University – Healthcare Management Program
  

The Healthcare Program at Northwestern University is built on the reality that U.S. Healthcare is fundamentally a business. Students who choose the Healthcare pathway to benefit from the school’s extensive resources for top managers along with healthcare specific offerings. The Foundation course at this University integrates fundamental managerial disciplines with deep exposure to the industries that comprise the healthcare sector. Whereas the advanced courses apply foundational concepts to specific problems faced by managers in the life-sciences sectors.

• The University of Pennsylvania is located in Evanston, Illinois.
• Cost $59,085 per annum and is full-time

• The University of California – Healthcare Management Program
  

With its concurrent MBA/MPH degree with the School of Public Health and abundant course and co-curricular offerings, the University of California is at the forefront of preparing leaders who are innovating and reinventing the healthcare sector. The University of California is a founding member of the Business School Alliance for Health Management and attracts a significant number of students pursuing a career in Healthcare.

• The University of California is located in Barkley, California.
• Cost $51,412 per annum and is full-time

The course description for Healthcare management

• The MBA Healthcare Management program is built on the established strength of the management skills to provide experience in the unique elements and issues of the healthcare industry.
• The Healthcare Management program is well-qualified to respond to many critical problems that are faced by hospitals, government agencies, group practices, pharmaceutical and biotechnology firms, insurance and managed care organizations, and consulting firms.
• Students will gain much knowledge from this course such as Principles of Global Healthcare, Healthcare Strategic Management, Global Entrepreneurship in the Health Sector, Healthcare Sector Marketing Tools and Techniques, and Health Sector Innovation.
• This program is designed to teach students the practical skills needed for supplement education and maximize career prospects.
• The Duration of Healthcare Management Program is 16 Months.

Key features of MBA in Healthcare Management

• Healthcare Administration is a specialization offered within universities that offer MBA program. The universities serve as an interdisciplinary foundation for all healthcare related initiatives that includes teaching, external programming as well as health services research.
• Healthcare administrators are important for the successful management of hospitals, nursing homes, hospice facilities, insurance companies, provider networks and government policy organizations. The Students are expected to survey business from multiple perspectives, drawn from a cross-section of multidisciplinary expertise. The MBA in healthcare administration degree plan mainly focuses on building business awareness while also instilling knowledge specific to the healthcare enabling universities graduates to achieve success in their careers.
• Almost many healthcare administration MBA programs require a seven-month paid Executive Residency with a leading, progressive health organization. With a residency placement rate of 100%, every student has the opportunity to receive guidance from well-qualified, practicing healthcare executives, apply and test the administrative theory in practical work situations and develop leadership skills in an actual healthcare organization.
• The aim of the MBA Healthcare Program is to promote academic excellence, stimulate intellectual activity and encourage community excellence in the current environment to improve the health of all segments of society. The vision of the MBA Healthcare Program is to be a reliable source of motivated, committed and highly trained executive leaders for service to the healthcare industry.
• Some of the Core Values of Healthcare Administration Program are Excellence, Integrity, Leadership, Stewardship, Respect, and Service.

Fees and  Expenses

1st-year tuition fees

Other expenses like Insurance, Technology Fee, Orientation Fee, Registration Fee, VTA Pass Fee, Student Government Association Fee, etc., are also included.

Entry requirements for the course

• No specific cutoff is required for class 12 and Bachelors.
• The Students must possess a Bachelor’s Degree or international equivalent from an accredited institution.
• Minimum IELTS score required is 6 out of 9.
• Minimum TOEFL score required is 72 out of 120.
• Additionally GRE or GMAT scores are also recommended.

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