Executive Healthcare MBA Programs
Students looking to move into leadership and managerial positions in healthcare may consider earning a hybrid Executive Healthcare MBA. Find out how long these programs take, what coursework is required, and how to apply here.
How to Earn an Executive Healthcare MBA
There are several Executive Healthcare Master of Business Administration (MBA) and Executive MBA for Healthcare Professionals and Executive MBA for Health Sector Management and Policy programs available; several are offered in a hybrid format with online coursework and on-campus residencies. Many of these programs follow a cohort model, and some programs may be completed in as little as 18 or 19 months. Depending on the program, students may be required to complete a capstone course and/or some elective coursework, but below we discuss a few of the more common course topics for these executive MBA programs.
Introductory courses in healthcare management aim to provide students with a basic understanding of the essential concepts in the subject and equip students with the necessary skills to work in healthcare management. Students usually explore the disparate parts of the healthcare system, such as physician services and pharmaceutical services, and the techniques used for managing these organizations. Students may also discuss the role of the government, finances, and other challenges that healthcare executives may face. Specific topics may include strategic planning, clinical quality, consumer driven healthcare, and insurance.
Courses in marketing may or may not focus specifically on marketing in healthcare, but these courses do cover foundational concepts in the field and give students a chance to further develop their problem-solving skills. For example, some of these courses may include a project and/or simulation that allows students to work through the process of planning a marketing strategy for a product, including pricing, advertising, packaging, and more. Other topics for these courses may include market orientation, customer satisfaction, distribution, and the role of leadership.
Human Resource Management
Again, courses in human resource management may or may not be specific to the healthcare industry, but they typically explore various aspects of personnel administration and much of the information covered can be beneficial in a healthcare setting. Students in these courses may discuss how to recruit, interview, and train new employees, as well as how to promote health and safety in the workplace. Some courses may aim to equip students with knowledge of the techniques and practices used to manage people and develop system-wide strategic management plans. Other specific topics may include manpower planning, evaluation and appraisal, and wages and benefits.
Students generally take a course that provides an overview of healthcare law and examines these laws and policies from the perspective of management. Students are asked to think critically about the legal and ethical implications and problems that may arise in a healthcare setting. Students may examine both professional and clinical ethics and/or discuss topics in liability, healthcare reform, informed consent, and the regulatory environment.
Courses in health policy may provide students with slightly different areas of focus, depending on the program. For example, some courses may focus on the analysis of healthcare delivery and policy, while others may explore health policy and economics. Courses in the analysis of healthcare delivery and policy examine the theories of incentive structures and how these affect the decision-making process in a healthcare organization. Courses in health policy and economics focus more on the historical and current effects of policy on the business side of healthcare, as well as how changes in these policies affect healthcare financing and delivery.
Admittance Requirements for Executive Healthcare MBA Programs
Admittance requirements for Executive Healthcare MBA programs vary by school, so students should be sure to check the requirements specific to their program of interest. For example, some programs require that students hold a bachelor's degree and at least 5 years of work experience in a healthcare organization (either as management or clinical practice), while other programs may evaluate applicants on a wide range of factors, such as management experience, intercultural experience, level of current position, international experience, maturity, and increased workplace responsibilities. Some programs may also have a minimum GPA requirement and the GMAT is not usually required, though some programs may take these scores into consideration. The application process for these programs may include submitting transcripts, letters of recommendation, a personal statement, and/or a resume with a student's application. Some programs may also require applicants to undergo an interview process and/or submit an enrollment fee to reserve their cohort spot once they are admitted.
Executive Healthcare MBA programs are typically available in a hybrid format and can be completed in about 1.5 years. These programs may require applicants to have some work experience in healthcare.