MBA in Healthcare Management

Prospective hospital administrators and other healthcare executives can learn advanced business and leadership skills though a Master of Business Administration (MBA) program with a concentration in healthcare management. Learn about common courses within the concentration, the program prerequisites, and the employment outlook for healthcare administrators. Schools offering Clinical Research Administration degrees can also be found in these popular choices.

What Can I Learn in an MBA Program in Healthcare Management?

In an MBA program in healthcare management, you'll learn to apply advanced skills in business development, marketing, accounting, finance and risk management to the healthcare field. You may also learn about sales, human resources management, entrepreneurship and insurance. Additionally, you might explore economic and political forces that affect the medical industry, as well as building your technical literacy and knowledge of relevant medical technologies. These programs are typically designed for working professionals who have significant experience in the medical field. They can be completed in 2-3 years and are available on-campus or online.

Course Components Advanced business skills applied to healthcare, often for working professionals
Prerequisites Bachelor's degree, competitive GMAT scores and GPA, relevant experience
Potential Coursework Tailored business classes, basic medical classes, collaborative projects
Job Prospects Very good, with increase in both salary and number of available positions

What are the Prerequisites?

A bachelor's degree is usually the minimum requirement to be considered for admission to an MBA program in healthcare management. However, these programs are often competitive, and many enforce strict GPA requirements, and/or require experience in the healthcare field. You might also need to submit Graduate Management Admission Test (GMAT) scores, letters of recommendation, a personal statement and a resume.

What Classes Will I Take?

As an MBA candidate in healthcare management, you'll take mostly business classes. However, some specialized programs may incorporate basic medical classes as well. You'll also likely participate in collaborative projects. A few classes you might find in your curriculum include:

  • Health systems
  • Health operations
  • Marketing for medical businesses
  • Statistical management models
  • Economics
  • Insurance
  • Healthcare finance
  • Health policy
  • Healthcare law

What Are My Job Prospects?

The U.S. Bureau of Labor Statistics (BLS) predicts that the number of jobs for medical and health services managers will increase 17% between 2014 and 2024 (www.bls.gov), which is much faster than the average for all occupations. This is mostly due to an aging baby boomer population and its expected need for increased medical attention. The BLS also predicts that job opportunities are good for applicants with strong business skills.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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