MBA in Health Care Management

The health care industry, including pharmaceutical firms, health care providers and hospitals, have an increasing If you are interested in advancing your career and obtaining a management position within a health care related organization, an MBA with a concentration of health care management will help get you there. The health care industry continues to evolve and face challenges that are well suited for MBAs. You will be qualified to pursue health-care management positions related to human resources, finance, information systems, and patient care.

Learning Objectives:

This program addresses the unique attributes of health care organizations while providing a solid business foundation in areas such as management, finance and marketing. Students are prepared to take on leadership roles and address specific managerial issues encountered in today’s health care economy. Students will develop critical thinking and fundamental business analysis skills. They will leave the program proficient at problem solving the operational and financial challenges that health care administrators face.

Career Possibilities:

  • Hospital CEO, CFO
  • Head of Quality Improvement
  • Hospital Administrator
  • Health Care Association Director
  • Health Care Consultant

Career Outlook:

need for MBAs who are knowledgeable about the health care system and skilled at management and administration.

  • According to the US Bureau of Labor Statistics, employment of medical and health services managers is projected to grow 23 percent from 2012 to 2022, much faster than the average for all occupations.
  • The 2012 median pay for health care health services managers, also called health care executives or health care administrators, was $87,760.

 
Download a PDF with the program overview.

Upcoming events: MBA Webinar: Tues., May 20, 2014 at 12pm

Our unique cohort system groups students together throughout their educational experience. You will complete the program one class at a time, in a pre-determined sequence.

Total Credit Hours: 39

Core Courses

These classes are available in the classroom or online.

MGT-6200 Global Managerial and Organizational Behavior

Examine interpersonal behavior related to organizational performance. Behavioral science motivation, social perception, group decision making, ethical leadership and multicultural behavior.

ACC-6200 Financial Accounting and Analysis

Introduction of key financial accounting concepts. Analysis of a firm’s historical, current and prospective financial condition and performance. Emphasis on investment and credit decision.

MKT-6100 Marketing Design and Strategy

Developing and evaluating brand strategies over the life of the product. Strategies for introducing brands and reviving brands. Includes basic marketing principles of product, price, promotion, environment and customer.

ECO-6100 Managerial Economics

Focus on basic microeconomic principles of the firm and relevance in business decisions. Covers supply and demand and its relationship to market outcomes and economic determinants of consumption, savings, and labor behavior.

MGT-6600 Seminar in Descriptive Statistics

Basic statistical concepts and analytical tools for data driven decision making. Introduction to concepts of frequency, distribution, variation and normal curve correlations with application to business decisions.

MGT-6400 Ethical Strategic Leadership

Decision making, negotiations and ethics. Cultural impact on management strategy. Create value, motivate resources, leading and creating high performance teams. Integrating performance across business units.

ECO-6200 Macroeconomic Analysis

Focus on creation of money, function and roles of financial institutions, fiscal and monetary policy and the Federal Reserve system. Covers economic theory of financial markets and impact of government policies, determinants of national income, employment, investment, interest rates, inflation and exchange rates.

MGT-6510 Management of Human Resources

Analyze policies in human resource management and organizational design, recruitment, selection hiring, development promotion and incentive based pay.

MGT-6100 Operations Management

Concentrates on strategic decisions surrounding the production and delivery of goods and services. Value-added activities that transform resources into product. Covers process analysis, quality, inventory control, capacity planning and location decisions.

Concentration Courses

These classes are available online only.

HAL-6100 Health Care Systems 1

An overview of health care systems focusing on the role of values, assessment of health status and analysis of need, access and use of services, supply, demand, and distribution of health resources, analysis of health care costs and expenditures.

HAL-6150 Health Care Systems 2

Examination of the private and public financing of health services, quality of care assessment, control of quality and costs of care, professional self-regulation and compliance, leadership and administration approaches, and government regulations and system reform.

HAL-6400 Health Care Finance and Economics

Issues in health finance, particularly as these impact health care administration, health policy, policy formation, and population health. Microeconomic and macroeconomic considerations.

HAL-6500 Public Policy in Health Care

Issues related to US Public Health Policy and allocation of resources. Local, state, regional, and national public health funding and policy. Examination of health policy on health education and promotion, medical service and practice.

Capstone Experience

This class is designed to integrate the knowledge and skills gained from the MBA program and apply them in a real world business environment. Students will learn how to use teamwork to develop a business plan and solve authentic business challenges.

Length and Format

Students can choose from the following class formats:

  • Part-time (in the classroom), two years
  • Online, two years

Course Schedule

  • Part-time: Classes meet Wednesday evenings from 6:00 p.m. to 9:30 p.m. Students take one class at a time for eight-week terms.
  • Online: Students complete all coursework and discussions online. Students take one class at a time for eight-week terms.

Tuition

MBA courses are $690 per credit hour. Most courses are worth three credits. Thirty-nine credits are required to complete the MBA program. Payment is due at the start of each term. Financial aid is available.

Cohort Format

Our unique cohort system groups students together throughout their educational experience. You will complete the program one class at a time, in a predetermined sequence. This collaborative environment accelerates learning and builds strong peer relationships that last a lifetime. We also host occasional networking events for our MBAs, which allows them to interact with other cohorts and alumni.

Class Size

  • Average class size: 15
  • Maximum class size: 25 (15 online)

In the Classroom

We facilitate a close working relationship between students and faculty. Group work is often part of the curriculum, which helps prepare students to work collaboratively in the business world. Student discussion is encouraged as the MBAs learn from each other’s diverse backgrounds.

Project Work

At the end of the program, students will complete a capstone course. This class integrates the knowledge and skills gained from the MBA courses and applies them to a real business environment. Students will work as a team to solve an authentic business challenge.

On-campus Environment

  • Full-service library: Our staff is eager to help you find the resources you need.
  • Study areas: There are various places around campus for group meetings or studying.
  • Wifi: Classrooms and study areas are wifi accessible.
  • Information Technology Services: Our technology staff provides personal attention and prompt care for software, hardware and networking needs.
  • Print Services: Exists to serve students, faculty and staff with their printing and copying needs.
  • Gymnasium, tennis courts, running track and workout facilities: All students have access to on-campus workout facilities.
  • Restaurants: There is a full-service cafeteria available to students as well as a grab-n-go café.
  • Vibrant community: The River Forest and Oak Park area is a lively community filled with restaurants, retail stores, museums and other attractions.
  • Transportation: The Concordia-Chicago campus is accessible via the CTA’s green line train and is minutes from I-290.

 

Career possibilities may include:

  • Hospital CEO, CFO
  • Head of Quality Improvement
  • Hospital Administrator
  • Health Care Association Director
  • Health Care Consultant