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Top 20 Master’s Degree Programs in Healthcare Management: Best Bang for the Buck

Badge - HC Mgt Degree Guide - Top Master's Degree ProgramsBy Kristen Fescoe
Posted March, 2016

The field of Healthcare Management and Administration continues to grow as the face of healthcare changes quickly. While many programs offer graduate training in this area, the tuition rates for a graduate level education can be cost-prohibitive for many students. This list outlines the best master’s degree options in healthcare management for students who want to get the most “bang for their buck.” For details on how these programs were selected, see the methodology statement at the end of this article.

#20 – St. Catherine’s University – Saint Paul, Minnesota

The School of Business and Professional Studies

Master of Business Administration – Health Care

St Catherine University Best HCM Masters Tuition AssistanceProgram Website
Points: 6

The Healthcare MBA at St. Kate’s allows students to enter one of the most dynamic and complex aspects of the US economy. The demand is steadily rising for qualified managers with the business acumen necessary to guide healthcare organizations through rapid changes to the delivery of patient care in terms of efficiency and effectiveness.

The MBA-Healthcare degree arms graduates with the business skills they will need to advance in the field of healthcare management. Students can benefit from connections with regional healthcare providers that will position them for entrance into leadership positions. All students benefit from the innovative spirit that underlies a St. Catherine education.

By completing 11 core courses, students develop the practice-ready skills that will help them move ahead as a manager. Students will then choose four elective courses that will help them to gain insight into the complexities of the healthcare industry, including how to improve service delivery and the efficiency of healthcare systems, increase access to care, develop cost-management strategies, understand healthcare finance, and apply essential insights from healthcare informatics and analytics.

Required courses for the Healthcare concentration include:

  • Healthcare Systems and Policy
  • Healthcare Quality Improvement and Innovation
  • Healthcare Economics and Policy
  • Operational Excellence
  • Financial Management in the Global Economy
  • Informatics and Analytics in Healthcare
  • Required MBA courses include:
  • Managing Teams for Quality and Competency
  • Financial Accounting and Analysis
  • Management Accounting for Decision Makers
  • Marketing Management
  • Advanced Analytical Techniques for Business Decision Making
  • Strategic Integrated Marketing Communications
  • Business Strategy
  • Practicum: Applied Capstone Project

US News and World Report Ranking:
#15 Best Academic Institution in the Midwestern Region of the United States
Accreditation:
The Higher Learning Commission of the North Central Association of Colleges and Schools (NCACS)

#19 – Loyola University of New Orleans – New Orleans, Louisiana

The School of Nursing

Master of Science in Nursing – Healthcare Systems Management

Loyola University Best HCM Masters Tuition AssistanceProgram Website
Points: 6

Another excellent and cost-effective program is the Master of Science in Nursing (MSN) in Health Care Systems Management offered at Loyola University of New Orleans. This program is designed to provide students with the leadership strategies they will need as a nurse leader. The curriculum focuses on leadership strategies, allowing the emphasis in Health Care Systems Management to cover all aspects of nursing administration. Students are exposed to a wide range of topics–everything from disease prevention and health promotion to workforce management.

This degree is offered in a flexible online format, allowing the MSN-HCSM program to address the challenges and professional opportunities that one will face as a nursing manager, director, or healthcare executive. This program is designed to provide training in:

  • Nursing Administration
  • Management
  • Leadership
  • Finance
  • Quality Assurance
  • Health Promotion
  • Disease Prevention/Management
  • Integrated Delivery Systems
  • Managed Care Strategies
  • Workforce Management
  • Outcomes Management

The program requires 36 credit hours of graduate coursework, twelve of which are devoted to core courses and twenty-four that are devoted to Health Care Systems Management major courses. The MSN program is designed to be completed in as little as 24 months. Students typically complete one course at a time, which allows them to give their full attention to each course in the curriculum.

US News and World Report Ranking:
#12 Best Value School
#11 Best Academic Institution in the Southern Region of the United States
Accreditation:
Southern Association of Colleges and Schools Commission on Colleges (SACS-COC)

#18 – Tufts University – Medford, Massachusetts

The School of Medicine

Master of Public Health – Health Service Management and Policy

 University Best HCM Masters Tuition AssistanceProgram Website
Points: 8

Tufts University supports a Master of Public Health with a Health Services Management and Policy concentration. This program is designed for students who have a strong career interest in public health, health services administration or policy work. Students are exposed to an abundance of knowledge and skills that are critical in a range of organizational and healthcare settings. The concentration highlights thorough comprehension of public health as practiced in complex health care systems and within a changing policy context.

US News and World Report Ranking:
#27 Best National University
#24 Best Value School
Accreditation:
New England Association of Schools and Colleges (NEASC)

#17 – University of Miami – Coral Gables, Florida

The School of Business Administration

Executive Master of Business Administration – Health Sector Management and Policy

University of Miami Best HCM Masters Tuition AssistanceProgram Website
Points: 8

The University of Miami supports an Executive Master of Business Administration (MBA) in Health Sector Management and Policy Program. This program prepares graduates for positions of leadership in health care and health-related organizations. The program emphasizes the post-graduate academic needs of professionals already employed in the health care industry, as well as professionals hoping to enter careers in the field.

The curriculum is an integration of a graduate business education combined with close relationships with the South Florida health care community. Students learn practical administrative skills as well as broad strategic and theoretical perspectives so they may expand their knowledge of management and administration as applied to the health care industry.

The program requires students to attend one weekend a month (Friday, Saturday and Sunday) for 23 months. The modern weekend MBA program allows physicians, nurse practitioners, hospital administrators, managed care executives, and other health care professionals to develop their leadership, management and business skills.

US News and World Report Ranking:
#51 Best National University
#33 Best Graduate Program in Healthcare Management
Accreditations:
The Commission on Accreditation Healthcare Management Education (CAHME)
Southern Association of Colleges and Schools Commission on Colleges (SACS-COC)

#16 – Brown University – Providence, Rhode Island

The School of Professional Studies

Executive Master of Healthcare Leadership

Brown University Best HCM Masters Tuition AssistanceProgram Website
Points: 10

Brown University confers the Executive Master of Healthcare Leadership degree to leaders in the field who will transform healthcare.

The 16-month intensive degree program is designed for clinicians, executives, senior administrators, and other professionals who have significant responsibility in the healthcare industry. This may include those from health care delivery, public health, drug and product manufacturing, health care consulting, health management systems, insurance, patient advocacy, and from legal, policy and regulatory settings.

The program integrates residential and online learning, allowing students to work full time while pursuing their advanced degree. Students in this program will benefit from the university’s strength and prestige in public health, public policy, health economics, and evidence-based medicine. They will learn to examine the conditions and limitations of healthcare systems throughout the world so they are prepared to confront the challenges of shaping them.

The program is designed to be completed as part of a cohort group of highly accomplished participants, each of who contributes significantly to peer-to-peer learning while working closely with expert faculty.

Executive Master of Healthcare Leadership graduates are well prepared to become leaders in the clinical, corporate, and public sectors; to interpret and use data for sound decision making; and to endorse exceptional health care for patients as well as financial health for their organizations. Graduate students gain a thorough perspective that exceeds local concerns, and develop the knowledge and skills to create flexible, responsive and sustainable organizations across the healthcare industry.

US News and World Report Ranking:
#14 Best National University
#10 Best Value School
Accreditation:
New England Association of Schools and Colleges (NEASC)

#15 – Rollins College – Winter Park, Florida

The Rollins Evening School

Master of Health Services Administration

Rollins College Best HCM Masters Tuition AssistanceProgram Website
Points: 11

Another excellent program at a school with an eye on the bottom line is the Master of Health Services Administration offered at Rollins College. The program is designed to face the challenges of the nation’s aging population, longer life expectancies, new healthcare legislation and advances in health information technology. Out of these changes, a demand for qualified healthcare managers and administrators has grown at a rapid pace.

The mission of the MHSA program is to ”prepare competent, thoughtful, ethical and compassionate healthcare management professionals to meet this critical need.” Graduates of the MHSA program will gain a firm foundation in healthcare services management, leadership, strategies, and technology to help advance their careers and secure leadership positions in the healthcare sector. Students will also focus on the development of critical thinking and problem-solving skills that graduates will need to evaluate and influence healthcare policy decision-making and patient care delivery systems.

The program is a 46 credit hour “lock-stop” curriculum that starts in the fall semester of each year. To accommodate busy working professionals, classes are offered on alternating Fridays and Saturdays. The average working healthcare professional who completes two to three courses per semester can finish their degree requirements in five semesters or approximately 21 months. Upon completion of the first semester, students must then register for one credit hour of research each semester (up to four credits total). Upon conclusion of the research requirement, a thesis or special project in an area relevant to health services administration and of interest to the student is required. A faculty advisor will assist each student in the planning and completion of the thesis/project.

US News and World Report Ranking:
#1 Best Academic Institution in the Southern Region of the United States
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
Southern Association of Colleges and Schools Commission on Colleges (SACS-COC)

#14 – Emory University – Atlanta, Georgia

The Rollins School of Public Health

Master of Public Health, Master of Science in Public Health and Doctor of Philosophy in Public Health

Emory University Best HCM Masters Tuition AssistanceProgram Website
Points: 11

The Rollins School of Public Health at Emory University offers several options for those seeking a tuition-friendly degree in public health.

  • Master of Public Health in Health Policy – The master of public health (MPH) in health policy is designed to provide students with a broad understanding of how federal, state, and local policies change the face of the US health-care system. In addition to the core curricular requirements, students in this program take a concentrated set of courses in a particular field (vulnerable populations, health outcomes). Graduates are ready to practice in the private healthcare industry, nonprofit sector, and government.
  • Master of Public Health in Health Care Management – The master of public health (MPH) in health care management is designed for students who have an interest in embarking upon a leadership career in the delivery of health-care services. Students are provided a comprehensive set of practical skills and knowledge necessary for success as health care managers and policy analysts.
  • 12-Month Accelerated Master of Public Health in Health Care Management – The master of public health (MPH) in health care management degree program is designed for students with an interest in pursuing a leadership career for the delivery of health-care services in a condensed and accelerated format.
  • Master of Science in Public Health – Health Services Research – Students considering future doctoral work or a career in applied health sciences research are strongly encouraged to pursue the master of science in public health (MSPH) in health policy and health services research. The MSPH is a rigorous program that teaches core public health concepts, research theory, and methodology, while also teaching in-depth statistical analysis and programming with SAS and STATA. The MSPH offers a small, intimate program with one-on-one instruction and mentoring opportunities.

US News and World Report Ranking:
#21 Best National University
#18 Best Value School
Accreditations:
The Council on Education for Public Health (CEPH)
Southern Association of Colleges and Schools Commission on Colleges (SACS-COC)

#13 – Rice University – Houston, Texas

The Jones Graduate School of Business

Master of Business Administration – Healthcare Concentration

Rice University Best HCM Masters Tuition AssistanceProgram Website
Points: 11

The Jones Graduate School of Business at Rice University provides the Master of Business Administration with the option to pursue a Health Care Concentration. Concentrations are offered to full-time MBA students who would like to acquire a specialized base of knowledge to hone their career focus. The health care concentration provides students with comprehension of how management principles are interpreted and applied in different health care settings such as pharmaceutical, biotech, and insurance companies, as well as hospitals and small private practices.

The full-time MBA is an ideal fit for students who plan to shift their career path to health care or those who have fewer than five years of experience. Students interested in this program demonstrate innovative excellence and exhibit high leadership potential. The program provides students with a concentration in health care to complement their core business classes over 22 months. Health care courses within the program provide a real world environment to train students for the challenges of working in the health care sector upon graduation. The traditional classroom experiences enable students to learn through a variety of techniques such as case method, group projects, structured lectures and open forums.

US News and World Report Ranking:
#18 Best National University
#14 Best Value School
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
Southern Association of Colleges and Schools Commission on Colleges (SACS-COC)

#12 – Vanderbilt University – Nashville, Tennessee

Owen Graduate School of Management

Master of Management in Health Care – Master of Business Administration

Vanderbilt University Best HCM Masters Tuition AssistanceMM Program Website
MBA Program Website
Points: 13

The Owen Graduate School of Management at Vanderbilt University offers two cost-effective graduate degree programs in health care management. The first is the Master of Management in Health Care, a 30-credit-hour graduate degree in management. The program is designed to help rising managers in health care organizations gather important business skills and apply them immediately to their work place. Over the course of one year, students participate in mandatory business courses one night a week, while also attending intensive health care industry-specific courses one weekend per month and work in teams on a health care strategy project throughout the program. The distinctive schedule allows for the highest quality academic experience without disrupting the day-to-day operations of sponsoring organizations.

Professionals enrolled in the Vanderbilt Master of Management in Health Care gain the necessary business knowledge and management skills required to effectively manage a health care organization. Core courses include the following:

  • Economics
  • Marketing
  • Accounting
  • Finance
  • Operations
  • Leading Teams in Organizations

US News and World Report Ranking:
#15 Best National University
#12 Best Value School
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
The Council on Education for Public Health (CEPH)
Southern Association of Colleges and Schools Commission on Colleges (SACS-COC)

#11 – Northwestern University – Evanston, Illinois

The Kellogg School of Management

Master of Business Administration – Major in Health Enterprise Management

Northwestern University Best HCM Masters Tuition AssistanceProgram Website
Points: 14

The Kellogg School of Management at Northwestern University offers a Master of Business Administration in Health Enterprise Management (HEMA). This degree program addresses the unique needs of management students who are working to excel in either the services or products side of the health industry.

Many HEMA courses are taught by world leading scholars in an array of academic fields. Other classes are taught by practitioners who sit at the top of their professions.

HEMA graduates are qualified for positions in provider, insurer and supplier organizations, as well as in consulting, investment banking and other related sectors of the economy.

Students must complete one full credit from a list of “breadth courses.” These courses are designed to familiarize students with the nature of the healthcare sector today, while providing an introduction to healthcare-related issues in the areas of strategy, economics, and/or management. Three additional credits may be completed from a long list of available courses, including several offerings focusing on either the healthcare services (payer/provider) or life sciences (biotech/pharma) fields.

There are no prerequisites for the major and students with no prior experience in the health sector are invited to sample HEMA courses.

US News and World Report Ranking:
#12 Best National University
#19 Best Value School
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
The Commission on Accreditation Healthcare Management Education (CAHME)
The Higher Learning Commission of the North Central Association of Colleges and Schools (NCACS)

#10 – Georgetown University – Washington, D.C.

The School of Nursing and Health Studies

Master of Health Services Administration

Georgetown University Best HCM Masters Tuition AssistanceProgram Website
Points: 15

The School of Nursing and Health Studies at Georgetown University is home to a nationally-recognized Master of Health Services program. This program upholds the mission to “educate the next generation of health system administrators early in their career to lead improvements in the delivery of quality health care and to advance the knowledge needed to make these improvements.”

The curriculum is a competency-based program grounded in Jesuit values, with a focus on quality and performance improvement of health systems.

The nursing and health studies school collectively works toward the vision to be at the leading edge of health systems education and research, where they can help move toward more efficient health care, and stay aligned with both the university’s commitment to social justice and academic excellence and to the initiatives of the Georgetown University Medical Center and MedStar Health.

Students will complete coursework that focuses on social, technical, economic and policy forces that change the face of health care organizations and affect the management systems in place.

The esteemed faculty includes leading academic and practitioner leaders throughout a variety of health care organizations. The intentionally small class sizes help foster close relationships with faculty members.

US News and World Report Ranking:
#21 Best National University
#28 Best Value School
#22 Best Graduate Program in Healthcare Management
Accreditations:
The Commission on Accreditation Healthcare Management Education (CAHME)
Middle States Commission on Higher Education (MSCHE)

#9 – Massachusetts Institute of Technology – Cambridge, Massachusetts

The Sloan School of Management

Master of Business Administration – Healthcare Certificate

Massachusetts institute of technology Best HCM Masters Tuition AssistanceProgram Website
Points: 15

The Sloan School of Management at MIT confers a nationally-recognized MBA with a certification in Healthcare. This program affords students opportunities to pursue many different career paths within the healthcare system and closely related industries such as public health, pharmaceutical and managed care.

The Healthcare Certificate’s curriculum and requirements train students for career paths in the pharmaceutical and biomedical industries, healthcare consulting, management positions within healthcare delivery systems, healthcare innovation and entrepreneurship, and global healthcare delivery.

US News and World Report Ranking:
#7 Best National University
#5 Best Value School
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
New England Association of Schools and Colleges (NEASC)

#8 – Dartmouth College – Hanover, New Hampshire

The Tuck School of Business

Master of Health Care Delivery Science

Dartmouth College Best HCM Masters Tuition AssistanceProgram Website
Points: 15

This 18-month program is conferred with joint support from the Tuck School of Business and the Dartmouth Institute for Health Policy and Clinical Practice (TDI). This partnership leads to the MHCDS degree, which combines the Dartmouth Institute’s advanced research expertise in health care outcomes with the Tuck School’s proven success in educational leadership and teamwork, finance, and operations to create an educational opportunity unmatched by other similar programs.

The foundation of the program is a “commitment to the value-based improvement of health care delivery—achieving better outcomes for the same or lower costs—that is scientifically, ethically, and managerially sound.”

This degree program was created to meet the needs of people who are already leaders in the delivery of healthcare. The rigorous curriculum is delivered through a blend of residential, distance learning, and on-site projects where students use their learning and apply it directly to initiatives at their own institutions.

US News and World Report Ranking:
#12 Best National University
#9 Best Value School
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
The Council on Education for Public Health (CEPH)
New England Association of Schools and Colleges (NEASC)

#7 – Harvard University – Cambridge, Massachusetts

The T.H Chan School of Public Health

Master of Health Care Management

Harvard University Best HCM Masters Tuition AssistanceProgram Website
Points: 16

The Master in Health Care Management (MHCM) program offers important experience and useful information in a results-oriented learning environment. Students gain practical management skills to supplement their talent as physicians. The program allows students to continue working full-time while pursuing the degree.

This degree program uses Harvard’s “case based teaching method,” which is used in combination with extensive peer collaboration. This combination leads to a degree program that keeps clinical executives abreast of trends, issues and competitive strategies unique to the United States health care system. The MHCM is designed to offer practical skills to physician executives in health care organizations. This flexible program is designed around physicians’ demanding schedules. Some of the details of program attendance include:

  • Two year program, part-time
  • Three weeks per summer
  • Five four-day weekends per year
  • Average 15 hrs/week of off-campus work, involving worksite projects and homework assignments
  • All classes take place on Harvard’s Longwood Campus in Boston

US News and World Report Ranking:
#2 Best National University
#2 Best Value School
Accreditations:
The Council on Education for Public Health (CEPH)
New England Association of Schools and Colleges (NEASC)

#6 – Duke University – Durham, North Carolina

The Fuqua School of Business

Health Sector Management Master of Business Administration

Duke University Best HCM Masters Tuition AssistanceProgram Website
Points: 17

The Duke MBA in Health Sector Management (HSM) program is the largest health industry program among top US business schools. This unique MBA program offers multidisciplinary studies that influence Duke’s historic leadership in business education, research, and clinical care. Students work alongside faculty and industry leaders to investigate health care’s most demanding issues, some of which include service delivery models, financing alternatives, patient and provider relationships, and organizational processes.

Students leave the program with a deep understanding of the industry, skill sets that are critical in the field, and a professional network, which allows HSM graduates to become leaders of importance within the global health sector. The MBA with HSM Certificate is available across Fuqua’s world-class MBA degree programs:

  • The Duke MBA—Daytime Health Sector Management: A full-time residency program that immerses students in health care issues.
  • The Duke MBA—Cross Continent Health Sector Management: A program that combines online learning with residencies across the globe.
  • The Duke MBA—Weekend Executive Health Sector Management: A program for professionals who seek a Duke MBA while continuing to work full time.
  • The Duke MBA—Global Executive Health Sector Management: A program for experienced professionals that combines online learning with international residencies.

Graduates of the traditional MBA program have the option of pursuing the HSM Alumni Certificate, which is a program for Fuqua MBA alumni seeking to strengthen their health care expertise.

Another strength of the program is the HSM Boot Camp, which is an intensive one-week course that familiarizes Health Sector Management certificate students (MBAs and alumni) with the structure, function, ideals, and realities of the U.S. health care system.

US News and World Report Ranking:
#8 Best National University
#7 Best Value School
Accreditations:
The Council on Education for Public Health (CEPH)
The Commission on Accreditation Healthcare Management Education (CAHME)
Southern Association of Colleges and Schools Commission on Colleges (SACS-COC)

#5 – University of Pennsylvania – Philadelphia, Pennsylvania

The Wharton School of Business

Healthcare Master of Business Administration

University of Pennsylvania Best HCM Masters Tuition AssistanceProgram Website
Points: 17

The Wharton School of Business at the University of Pennsylvania (Penn) supports the Health Care Management major that builds upon the existing strength of the management core. The program is designed to deliver expertise in the distinctive features and concerns of the health care industry. The program is closely affiliated with the Leonard Davis Institute of Health Economics (LDI), which was established in 1967 to further the university’s activities and programs of research and education in health services financing and delivery.

US News and World Report Ranking:
#9 Best National University
#11 Best Value School
Accreditations:
Middle States Commission on Higher Education (MSCHE)
The Association to Advance Collegiate Schools of Business (AACSB)
The Commission on Accreditation Healthcare Management Education (CAHME)
The Council on Education for Public Health (CEPH)

#4 – Trinity University – San Antonio, Texas

The Department of Health Care Administration

Master of Science in Health Care Administration

Trinity University Best HCM Masters Tuition AssistanceProgram Website
Points: 18

The Master of Science in Health Care Administration at Trinity’s Department of Health Care Administration is a distinct program that admits students from around the globe to become healthcare leaders of tomorrow. There are two unique courses of study available to health care administration students: a 28-month On-Campus Program and a 23-month Executive Program. Both programs use a curriculum that fits the schedule of both experienced professionals or recent college graduates.

US News and World Report Ranking:
#1 Best Value School
#10 Best Graduate Program in Healthcare Management
#1 Best Academic Institution in the Midwestern Region of the United States
Accreditations:
The Commission on Accreditation Healthcare Management Education (CAHME)
Southern Association of Colleges and Schools Commission on Colleges (SACS-COC)

#3 – Cornell University – Ithaca, New York

The College of Human Ecology

Master of Health Administration and Master of Business Administration

Cornell University Best HCM Masters Tuition AssistanceProgram Website
Points: 18

The Sloan Program in Health Administration at Cornell’s College of Human Ecology was established in 1955 and has been at the forefront of health administration education and research for over fifty-five years. It was the nation’s first program to adopt a two-year academic curriculum. The name is in honor of the generosity of the Alfred P. Sloan, Jr. Foundation, which elected Cornell University as its home to develop the new program and provided its original funding.

Students have the opportunity to pursue a dual degree Master of Health Administration/Master of Business Administration (MHA/MBA) with Johnson at Cornell, a dual degree Master of Health Administration /Master of Public Administration with CIPA at Cornell, or an accelerated Bachelor’s/Master of Health Administration.

The Sloan Program is built upon a framework made up of the following:

  • Training in management
  • A solid understanding of the health care system, policy environment, ethics, public health and epidemiology
  • Hands-on learning in real world settings

US News and World Report Ranking:
#15 Best National University
#17 Best Value School
#14 Best Graduate Program in Healthcare Management
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
The Commission on Accreditation Healthcare Management Education (CAHME)
Middle States Commission on Higher Education (MSCHE)

#2 – Yale University – New Haven, Connecticut

The School of Management

Health Care Sector Master of Business Administration

Yale University Best HCM Masters Tuition AssistanceProgram Website
Points: 18

The Health Care Sector Master of Business Administration at Yale University provides students with a combination of technological development and understanding of industry regulatory changes. In order to lead in the healthcare field, professionals must have a central understanding of the markets and organizations that provide insight into the challenges of the healthcare market. During the second year of study, students deepen their expertise by completing a range of advanced business and management courses, as well as a series of deep explorations of topics in healthcare.

In order to complete the program, students must complete a capstone course structured around major challenges in healthcare will deepen their learning and link back to the essential business skills taught in the core.

US News and World Report Ranking:
#3 Best National University
#3 Best Value School
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
The Commission on Accreditation Healthcare Management Education (CAHME)
New England Association of Schools and Colleges (NEASC)

#1 – Johns Hopkins University – Baltimore, Maryland

The Carey School of Business – The Bloomberg School of Public Health

Master of Science in Health Care Management and Master of Health Administration

Johns Hopkins University Best HCM Masters Tuition AssistanceMS-HCM Program Website
MHA Program Website
Points: 21

Topping the list of the programs with the best tuition assistance, Johns Hopkins supports two programs for individuals who want to become healthcare leaders of the future. The Carey School of Business supports a Master of Science in Health Care Management (MS-HCM) program, which is the only business school program in the world that can boast having the resources, reputation, and experience of Johns Hopkins’ Schools of Medicine and Nursing, which are the #1 and #3 ranked schools of their kind in the nation according to US News and World Report.

The top ranked Bloomberg School of Public Health is home to the Masters in Health Administration (MHA) Program. The MHA Program is ranked number 7th in the U.S. News and World Report’s listing for CAHME accredited programs. In addition to having a core faculty with years of healthcare leadership and finance experience, the program has the world’s leading health services and policy researchers among its teachers. The MHA’s 1-year didactic and 1-year paid residency format makes it one of the most intense and economic learning experiences. Many students spend their residency year at top-rated accounting and consulting firms, as well as health systems. In addition, every student receives a 75 percent scholarship during the residency year making this program the best bang-for-the-buck.

US News and World Report Ranking:
#10 Best National University
#20 Best Value School
#7 Best Graduate Program in Healthcare Management
Accreditations:
Association of University Programs in Health Administration (AUPHA)
The Commission on Accreditation Healthcare Management Education (CAHME)
The Council on Education for Public Health (CEPH)
Middle States Commission on Higher Education (MSCHE)

Opportunities for a Healthcare Management Master’s Degree from a School Offering Financial Flexibility

As the number of schools offering graduate degrees in healthcare management and administration, it is important to keep an eye on the cost of attendance for such programs. While many programs may appear to have a high price tag, what many students do not know is that many offer substantial tuition assistance. This can include stipends, grants, loans, scholarship and many other forms of tuition assistance. Many schools now offer a great deal of needs-based tuition assistance and supports students in their quest to have as little debt as possible upon graduation. When you graduate from one of these healthcare management master’s degree programs you will know that your salary will stay in your pocket.

For More on the Best Graduate Programs in Healthcare Management Please Refer to the Following Articles:

Top 20 Online Master’s in Healthcare Administration and Healthcare Management 2015

Top 20 Best Value Master’s Degree Programs in Healthcare Management in 2015


Ranking Methodology

This ranking list has been created to outline healthcare management master’s degree programs that offer tuition assistance, needs based grants and loans and minimal debt upon graduation.

Factors considered:

College Ranking

The first consideration was each school’s placement on a national ranking list. The major source of such national notoriety comes from the US News and World Report Best Colleges List. The Data being considered for this ranking list is National Ranking, Regional College Ranking, and Best Value Ranking.

Points:
US News and World Report Best National University Ranking, Best Value Ranking and Regional Ranking:
Top 25 / Top 10 / Top 5
1 Point / 2 Points / 3 Points

US News and World Report Best Graduate Program in Healthcare Management Ranking:
Top 25 / Top 10
3 Points / 5 Points

US News and World Report Tuition and Debt Ratings

The next group of data being considered was tuition, debt and tuition assistance information gathered from US News and World Report pertaining to undergraduate level.*

Points:
Average Debt Upon Graduation, 2015 (undergrad):
Less than $20,000 / Less than $25,000 / Less than $30,000
3 Points / 2 Points / 1 Point

Average Amount of Needs Met (undergrad):
More than 85% / More than 75% / More than 65%
3 Points / 2 Points / 1 Point

Accreditation

In order to be included in this ranking, an appropriate ranking body must regionally accredit each college or university. Those schools that have received additional accreditation are given an edge over schools without the stamp of accreditation.

Points:
Accreditation: 2 Points Each

Grading Process

Once the points have been tallied the schools are arranged into groups by the amount of points they have earned. In the cases of ties, preference was given to those schools where students graduate with the least amount of debt. The overall goal of this list is to outline the best master’s degree programs in healthcare management that financially support students. Specializations, awards and achievements earned by the school or department have also been noted.

* In order for a school to be considered for this ranking, they must have been included on the US News and World Report 2014 list of colleges and universities with the least amount of average debt, as well as the US News and World Report list for Top Schools for Average Amount of Need-Based Aid Awarded. While this data looks specifically at rates of undergraduate tuition assistance, several respected articles (including Colleges That Report Meeting Full Financial Need (published by US News Education) and the Federal Student Aid Website ) have outlined that schools with the best undergraduate tuition aid tend to be strong in supporting graduate level students.

About the Author

After earning a Bachelor of Arts in Psychology from Rutgers University and then a Master of Science in Clinical and Forensic Psychology from Drexel University, Kristen Fescoe began a career as a therapist at two prisons in Philadelphia. At the same time she volunteered as a rape crisis counselor, also in Philadelphia. After a few years in the field she accepted a teaching position at a local college where she currently teaches online psychology courses. Kristen began writing in college and still enjoys her work as a writer, editor, professor and mother.