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Top 20 MBA Programs with a Specialization in Healthcare Management in 2015

By Kristen Fescoe
Published April, 2015

HCMTopMaster's Degree ProgramsStudents earning a graduate Healthcare Management degree have a variety of options for a fruitful career. A Master of Business of Administration with a Specialization in Healthcare Management is an excellent choice for individuals interested in the exciting field of Healthcare Management. Over the past twenty years, the field of Healthcare Management has seen a significant rise in available positions. In recent years, the changes to healthcare reform, the aging population, and the retirement of the “Baby Boom Generation” have left the healthcare industry with a boom in Healthcare Management and Administration positions. One of the most popular degrees sought after for a career in Healthcare Management is a Master of Business Administration with a specialization or concentration in Healthcare Management. This degree allows graduates to seek employment in hospitals, long-term care facilities, rehabilitation facilities, pharmaceutical companies, insurance companies and many more. According to the Bureau of Labor and Statistics’ 2014 edition of the Occupational Outlook Handbook, the Healthcare Management industry is predicted to grow a minimum of 23 percent with a median salary of $88,580 annually. This means that more and more trained healthcare managers will be needed to fill the rise in available jobs.

Ranking Methodology

This ranking list was created to outline the top-ranked MBA programs in the United States that offer a specialization in Healthcare Management or Administration. The most attention was paid to the 2014 US News and World Report list of top Graduate Business Programs, specifically MBA degree programs. Consideration was given to any commendations by other notable ranking bodies. The list was then ranked according to a combination of cost of attendance and accreditations granted to the academic institution. Specializations, awards and achievements earned by the school or department have also been noted.

#20 – University of Washington – Seattle, Washington

University of Washington MBA in Healthcare Management

The Foster School of Business and The School of Public Health

Concurrent Master of Business Administration and Master of Health Administration

MBA Program Website
MHA Program Website

The mission of the Master of Health Administration degree program at the University of Washington is to train the healthcare leaders of the future. The program is designed for early career professionals, utilizing a two-year, full-time program. Students are equipped with the management and leadership skills needed to start a career in healthcare administration and make an impact on the future of health care.

The Foster MBA program offers a variety of certificates, programs and concurrent degrees that can be jointly pursued as electives. Over 20 months, full-time MBA students take integrated core coursework during their first year and choose from a wide variety of electives in the second year. The Healthcare Management MBA program requirements are:

  • 5 core courses
  • 1 leadership development course
  • 11 elective courses
  • 2 international perspective activities
  • 3 practical experience activities

US News and World Report Best Business School Ranking: #23
Additional Rankings or Commendations:
US News and World Report Ranked #52 Best National University
US News and World Report Ranked #16 Top Public School
Financial Times Ranked #1 Best Full Time MBA in the Norwest Region
Cost of Attendance: $27,861 in-state, full-time, annual tuition / $41,037 out-of-state, full-time, annual tuition
Accreditations:
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)
Northwest Commission on Colleges and Universities (NWCCU)
Degrees or Specializations Offered:
Concurrent Master of Business Administration and Master of Health Administration

#19 – Washington University – Saint Louis, Missouri

Washington University MBA in Healthcare Management

The Olin School of Business and the George Warren Brown School of Social Work

Concurrent Master of Business Administration and Master of Public Health

Program Website

The dual MBA/Master of Public Health (MBA/MPH) degree is designed to meet the growing need for individuals with strong business skills who are also health policy-minded leaders across the healthcare industry spectrum. The interdisciplinary program combines world-renowned faculty known for their academic research in business and public health, an innovative curriculum, and timely applied-learning experiences within the industry. The program combines the core courses of the MBA and Master of Public Health Degrees and takes approximately two-and-a-half to three years to complete. Students start the program in either school and stay in the school’s program for their first year. Students will participate in a summer internship that occurs after the first year of MBA courses and a practicum after the first year of MPH courses. MBA/MPH Students often pursue management roles in:

  • Hospitals
  • Pharmaceutical firms
  • Healthcare consultancies
  • Policy think tanks

US News and World Report Best Business School Ranking: #22
Additional Rankings or Commendations:
US News and World Report Ranked #14 Best National University
US News and World Report Ranked #26 Best Value School
Cost of Attendance: $49,700 full-time, annual tuition
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
The Council on Education for Public Health (CEPH)
The Higher Learning Commission of the North Central Association of Colleges and Schools (NCACS)
Degrees or Specializations Offered:
Concurrent Master of Business Administration and Master of Public Health

#18 – Emory University – Atlanta, Georgia

Emory University MBA in Healthcare Management

The Goizueta School of Business

Concurrent Master of Business Administration and Master of Public Health

Program Website

The Master of Business Administration (MBA) and Master of Public Health (MPH) program at Emory understands that as the United States healthcare system continues to change, it is becoming increasingly valuable for individuals interested in pursuing a career in the healthcare field to pursue a business education. Goizueta Business School students pursuing an interest in healthcare receive a highly respected interdisciplinary business education in an intimate learning environment. Students pursue a Master’s Degree in Public Health in the unique setting of Atlanta’s Clifton Corridor. The Clifton Corridor is home to the Emory University’s medical facilities, Emory University School of Medicine, Emory University Rollins School of Public Health, the Center for Disease Control and Prevention, and Children’s Healthcare of Atlanta at Egleston. The MBA/MPH Program is associated with the Departments of Health Policy Management, Global Health, or Epidemiology in the Rollins School of Public Health and Goizueta’s Two Year MBA Program. It is important that students begin the MBA/MPH program at Goizueta Business School. Otherwise, it will require an extra semester to graduate. The program can be completed in as little as five semesters depending upon the course load and whether a student chooses to complete a master’s thesis for the MPH degree.

US News and World Report Best Business School Ranking: #20
Additional Rankings or Commendations:
US News and World Report Ranked #20 Best National University
US News and World Report Ranked #19 Best Value School
Cost of Attendance: $46,000 full-time, annual tuition
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)
Degrees or Specializations Offered:
Concurrent Master of Business Administration and Master of Public Health

#17 – University of North Carolina – Chapel Hill, North Carolina

University of North Carolina MBA in Healthcare Management

The UNC Kenan-Flagler School of Business

Master of Business Administration

Program Website

The Master of Business Administration program at UNC was created to address the fact that the modern healthcare industry needs skilled and effective business leaders with creative problem-solving and leadership skills. The UNC Kenan-Flagler Business School recognizes the demand for these highly skilled professionals. The program focuses on developing skilled professionals who are ready to take on the many challenges facing professionals in the healthcare industry. Healthcare professionals with experience in private and public healthcare organizations and the medical community are encouraged to apply to this enrichment program to further expand their entrepreneurial and strategic leadership opportunities. Additionally, this program will provide a solid framework for those with life sciences degrees or those with a passion for the healthcare industry. UNC Kenan-Flagler has teamed with UNC’s School of Medicine to create a multidisciplinary curriculum focused on medical entrepreneurship and innovation. This partnership joins the strengths of both schools to better educate the healthcare executives of tomorrow across functional areas, and to bring collaborative and innovative solutions that improve care and reduce costs to the industry. This program is an affordable graduate Healthcare Management degree program for state residents.

US News and World Report Best Business School Ranking: #19
Additional Rankings or Commendations:
US News and World Report Ranked #30 Best National University
US News and World Report Ranked #5 Top Public School
US News and World Report Ranked #17 Best Value School
Cost of Attendance: $31,510 in-state, full-time, annual tuition / $50,942 out-of-state, full-time, annual tuition
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
Southern Association of Colleges and Schools Commission on Colleges (SACS-COC)
Degrees or Specializations Offered:
Master of Business Administration with a Specialization in Healthcare

#16 – Carnegie Mellon University – Pittsburg, Pennsylvania

Carnegie Mellon University MBA in Healthcare Management

The Tepper School of Business and The H. John Heinz III School of Public Policy and Management

Concurrent Master of Business Administration and Master of Science in Healthcare Policy Management

Program Website

The Master of Business Administration (MBA) and Master of Science in Healthcare Policy Management (MSHCPM) joint degree program is a concurrent 2.5-year (5 semester) program beginning in August. The program was designed to educate future healthcare leaders about the economic, political and financial environment in which healthcare is delivered and to better understand how to manage and lead organizations across healthcare in the future. The Tepper School of Business and the H. John Heinz III School of Public Policy and Management offer this program jointly. Students begin their studies at Tepper and must complete 162 units of courses, which includes 90 units of required core courses and 72 units of required electives. Students must also meet all MBA requirements such as Management Game, Core Elective Requirements, Concentrations and Breath. Students are required to take 180 units of course work at Heinz which includes 120 units of Heinz required courses and 60 units of electives which could be taken in the MBA program and count towards satisfaction of the MSHCPM requirement.

In the first year, students will pay tuition for two semesters to Tepper at the MBA full-time rate. In the second year, students will pay tuition for two semesters to Heinz at the full-time rate. For the final semester (5th) students will pay for one semester to Tepper at the MBA full-time rate.

US News and World Report Best Business School Ranking: #18
Additional Rankings or Commendations:
US News and World Report Ranked #23 Best National University
US News and World Report Ranked #39 Best Value School
US News and World Report Ranked #14 Up and Coming School
Cost of Attendance: $56,768 full-time, annual tuition
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
The Middle States Association of Colleges and Secondary Schools (MSACSC)
Degrees or Specializations Offered:
Joint Master of Business Administration and Master of Science in Healthcare Policy Management (MSHCPM)

#15 – Cornell University – Ithaca, New York

Cornell University MBA in Healthcare Management

The Johnson School of Business

Joint Master of Business Administration and Master of Health Administration

Program Website

The combination of Cornell’s Sloan Master of Health Administration (MHA) degree and the Master of Business Administration from Johnson—complete in as little as two years—combines a strong foundation in general management with specialized skills and know-how in healthcare. Students gain the necessary knowledge, important skills, and applied experience so that dual-degree graduates have a clear edge over their competition and great flexibility in shaping an innovative and meaningful career. In addition to management positions in a wide range of healthcare organizations, graduates of this program also hold positions in the pharmaceutical industry, health insurance, management consulting, financial institutions, state and federal policy agencies, and several other fields. The Johnson MBA provides a solid foundation in all the functional areas of business—accounting, finance, economics, marketing, operations management, strategy, and leadership. The school offers students the ability to tailor their own curriculum and the chance to develop expertise in specialized areas that, when combined with healthcare, can provide unique and highly valuable strengths. Among these are entrepreneurship, consulting, finance, and sustainable global enterprise.
US News and World Report Best Business School Ranking: #17
Additional Rankings or Commendations:
US News and World Report Ranked #16 Best National University
US News and World Report Ranked #9 Best Value School
Cost of Attendance: $55,948 full-time, annual tuition
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)
Degrees or Specializations Offered:
Joint Master of Business Administration and Master of Health Administration

#14 – University of California -Los Angeles, California

UCLA MBA in Healthcare Management

UCLA Anderson School of Management

Master of Business Administration

Program Website

UCLA Anderson School of Management offers an MBA program with optional tracks and specialization areas. Students can choose to specialize in healthcare as well as another specific area of concentration. During the first year, students are allowed to create a customized sequence of core courses elected from the mandated MBA curriculum. During the second year, students have the option to pursue tracks and specializations through carefully chosen elective courses. The goal of the elective courses is to allow students to complete the requirements for one of four tracks, which build in-depth expertise in a specific career path. Students can also add a specialization area to further customize their academic preparation according to industry and function. The tracks provide MBA students with the necessary guidance to plan the best academic path to meet post-MBA goals. Each track requires the completion of five courses from a list of suggestions that have been carefully chosen by faculty, alumni practitioners and recruiters. The Healthcare Management
 Sample Courses include Business of Healthcare – Global Perspective, Health Law, and Quantitative Analysis for Health Systems.

US News and World Report Best Business School Ranking: #16
Additional Rankings or Commendations:
US News and World Report Ranked #23 Best National University
US News and World Report Ranked #2 Top Public School
Cost of Attendance: $48,722 in-state, full-time, annual tuition / $55,009 out-of-state, full-time, annual tuition
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
Senior College and University Commission of the Western Association of Schools and Colleges (WASC)
Degrees or Specializations Offered:
Master of Business Administration with Specialization in Healthcare Management

#13 – The University of Texas – Austin, Texas

University of Texas MBA in Healthcare Management

The McCombs School of Business

Master of Business Administration

Program Website

The McCombs School of Business offers a Master of Business Administration with a Healthcare Concentration. This degree program prepares students for careers in the healthcare, life science, and biotechnology industries. These healthcare-related industries are vibrant and constantly changing, requiring adaptive individuals to fill positions. Healthcare companies are seeking MBAs who not only have solid business skills, but also a deep understanding of the technology and policy aspects impacting their industry. The Healthcare Concentration at McCombs provides students with the opportunity to combine courses across various schools and disciplines to best prepare for their career of choice. McCombs MBA students also have the opportunity to connect with Austin’s booming Biotech industry through the Austin Technology Incubator, American College of Healthcare Executives, and a variety of on- and off-campus opportunities. In order to fulfill the Healthcare Concentration, students must complete the basic MBA curriculum as well as complete four of the following courses:

  • Managing Complexity
  • Marketing High-Tech Products
  • Advanced Pharmaceutical Admin: Contemporary Issues
  • Pharmacoeconomics
  • Budget and Finance in Healthcare
  • Theories and Critical Issues in Public Health
  • Managing Health Information
  • Information Resources in Health Sciences
  • Health Law
  • Health Innovation & Policy
  • Special Studies in Business Administration (course related to healthcare and approved by MBA Program Office)

US News and World Report Best Business School Ranking: #15
Additional Rankings or Commendations:
US News and World Report Ranked #52 Best National University
US News and World Report Ranked #16 Top Public School
US News and World Report Ranked #2 Best College for Veterans
Cost of Attendance: $33,298 in-state, full-time, annual tuition / $48,832 out-of-state, full-time, annual tuition
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
Southern Association of Colleges and Schools Commission on Colleges (SACS-COC)
Degrees or Specializations Offered:
Master of Business Administration with Healthcare Concentration

#12 – Duke University – Durham, North Carolina

Duke University MBA in Healthcare Management

The Fuqua School of Business

Master of Business Administration

Program Website

The Duke MBA Health Sector Management (HSM) program is the largest health industry program among top US business schools. The program offers interdisciplinary studies that utilize Duke University’s longstanding leadership in business education, research, and clinical care. Students work closely alongside faculty and industry leaders to explore health care’s most pressing issues, among them service delivery models, financing alternatives, patient and provider relationships, and organizational processes. With their understanding of the industry, extensive skill sets, and professional network, HSM graduates become leaders of consequence within the global health sector.

HSM Certificates are offered across Fuqua’s MBA degree programs:

  • The Duke MBA—Daytime Health Sector Management: a full-time residency program that immerses students in healthcare 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.

US News and World Report Best Business School Ranking: #14
Additional Rankings or Commendations:
US News and World Report Ranked #7 Best National University
US News and World Report Ranked #12 Best Value School
Cost of Attendance: $55,300 full-time, annual tuition
Accreditations:
Southern Association of Colleges and Schools Commission on Colleges (SACS-COC)
The Association to Advance Collegiate Schools of Business (AACSB)
Degrees or Specializations Offered:
Master of Business Administration with Specialization in Health Sector Management

#11 – Yale University – New Haven, Connecticut

Yale University MBA in Healthcare Management

The School of Management

Master of Business Administration

Program Website

The Executive MBA: Leadership in Healthcare program is a twenty-two-month MBA program created by healthcare professionals for working healthcare professionals who aspire to become leaders and innovators in the healthcare industry. Students spend two periods “in residence” and every other weekend (Friday and Saturday) on the Yale School of Management campus. The program follows the same curriculum as the full-time MBA program at the School of Management. In the first year, students devote the majority of their time to the core MBA curriculum. Rounding out the curriculum in the second year, along with advanced management courses, are healthcare-specific courses to provide a complementary focus on healthcare management.

In addition, the Leadership in Healthcare curriculum includes:

  1. The Colloquium in Healthcare Leadership, which brings prominent business leaders from across all areas of healthcare to present and meet with students.
  2. An Independent Study program to engage students in project-based opportunities.
  3. The optional International Experience, which exposes students to broader global issues of international business.

US News and World Report Best Business School Ranking: #13
Additional Rankings or Commendations:
US News and World Report Ranked #3 Best National University
US News and World Report Ranked #2 Best Value School
Cost of Attendance: $57,200 full-time, annual tuition
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
New England Association of Schools and Colleges (NEASC)
Degrees or Specializations Offered:
Executive Master of Business Administration with Specialization in Leadership in Healthcare

#10 – The University of Virginia – Charlottesville, Virginia

University of Virginia MBA in Healthcare Management

The Darden School of Business, The Department of Public Health Sciences and The School of Medicine

Master of Business Administration

MBA Program Website

MBA/MPH Program Website

The Master of Business Administration in Healthcare program prepares students to become leaders in pharmaceutical, medical device, biotechnology and health services sectors as well as in health-care related pursuits in consulting, banking, venture capital and entrepreneurship. In the first year of study, Darden teaches students core managerial concepts in operations, strategy, finance, leadership and ethics. In the second year, students are encouraged to explore their own interests, pursuing opportunities that enable them to apply their understanding of business to the changing landscape of the healthcare industry.

Students may also choose an optional MBA/MPH dual-degree program. Students earning their MBA and MPH degrees concurrently have the opportunity to work with faculty from the Darden Business School, Department of Public Health Sciences and School of Medicine to focus on the management of healthcare-related businesses and models for addressing health. Foci can include healthcare delivery systems, biotechnology, medical devices, translational research, health policy, and regulation. This affordable Healthcare Management MBA offers state residents an excellent option.

US News and World Report Best Business School Ranking: Tied for #11
Additional Rankings or Commendations:
US News and World Report Ranked #23 Best National University
US News and World Report Ranked #2 Top Public School
US News and World Report Ranked #25 Best Value School
Cost of Attendance: $48,402 in-state, full-time, annual tuition / $52,720 out-of-state, full-time, annual tuition
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
Southern Association of Colleges and Schools Commission on Colleges (SACS-COC)
Degrees or Specializations Offered:
Master of Business Administration with specialization in Healthcare
Concurrent Master of Business Administration and Master of Public Health

#9 – University of Michigan – Ann Arbor, Michigan

University of Michigan MBA in Healthcare Management

The Stephen M. Ross School of Business

Master of Business Administration

Program Website

The Stephen M. Ross School of Business created a unique concentration in Health Care Management for students looking to combine their interest in business with their interest in the healthcare field. The concentration allows students to complement the MBA curriculum with healthcare-related electives and activities outside the classroom. The combination of the curriculum, electives and experiential activities will help students become leaders in the healthcare industry. Students pursuing the Health Care Management concentration are required to take twelve credits of healthcare-related coursework, of which three must be taken in a department outside of Ross. Students will use their available elective credits to complete the concentration within the 57 credits required for the MBA degree.
US News and World Report Best Business School Ranking: Tied for #11
Additional Rankings or Commendations:
US News and World Report Ranked #28 Best National University
US News and World Report Ranked #4 Best Value School
Cost of Attendance: $52,200 in-state, full-time, annual tuition / $57,200 out-of-state, full-time, annual tuition
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
The Higher Learning Commission of the North Central Association of Colleges and Schools (NCACS)
Degrees or Specializations Offered:
Master of Business Administration with Specialization in Health Care Management

#8 – New York University – New, York, New York

New York University MBA in Healthcare Management

Leonard N. Stern School of Business

Concurrent Master of Business Administration and Master of Public Administration

Program Website

The MBA/MPA degree program at NYU’s Stern School of Business is designed to reflect the growing societal need for managers and executives with both practical business training and a thorough understanding of public sector management. This dual-degree program produces graduates who are ready to make an immediate impact on institutions needing strong leadership. The MBA/MPA program is a partnership between NYU Stern School of Business and the Wagner School of Public Service, and is designed for students with interests spanning business, public administration, public health and non-profit management. Students have the ability to complete both degrees over the course of three years, rather than the four years that it would take to complete the degree programs independently. The first year of the dual degree program is spent at NYU Stern, and the second and third years are split between the two schools.

US News and World Report Best Business School Ranking: #10
Additional Rankings or Commendations:
US News and World Report Ranked #32 Best National University
Cost of Attendance: $57,468 full-time, annual tuition
Accreditations:
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)
The Middle States Association of Colleges and Secondary Schools (MSACSC)
Degrees or Specializations Offered:
Concurrent Master of Business Administration and Master of Public Administration

#7 – Dartmouth College – Hanover, New Hampshire

Dartmouth College MBA in Healthcare Management

The Tuck College of Business

Master of Business Administration

Program Website

The focus of the graduate healthcare management degree program at the Tuck College of Business is to maintain a small, intimate student body, a residential experience, and access to a world-class faculty. Students at Tuck profit from plentiful resources and individualized attention from faculty members and mentors dedicated to help each student realize their career and personal goals. The College promotes the mission “We learn what we live: collaboration and leadership, respect and responsibility, ethics and stewardship.” The Healthcare elective program is gained by way of elective courses. Some of the recent offerings include:

  • Business of Healthcare
  • Contemporary Issues in Biotech
  • Innovation & Health Care Information
  • International Health Systems
  • Investing & Deal Making in Healthcare: Practitioners’ Perspective
  • Management of Healthcare Organizations
  • Medical Care & the Corporation
  • Structure, Organization, and Economics of the Healthcare Industry

US News and World Report Best Business School Ranking: #9
Additional Rankings or Commendations:
US News and World Report Ranked #10 Best National University
US News and World Report Ranked #8 Best Value School
Cost of Attendance: $58,935 full-time, annual tuition
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
New England Association of Schools and Colleges (NEASC)
Degrees or Specializations Offered:
Healthcare Master of Business Administration

#6 – Columbia University – New York, New York

Columbia University MBA in Healthcare Management

The Columbia Business School

Master of Business Administration

Program Website

The MBA Health and Pharmaceutical Management (HPM) program at Columbia permits students to tailor their healthcare business education to their specific interests and goals. The healthcare courses, which are all electives and experiential in nature, integrate disciplines such as strategy, management, economics, finance, marketing and operations. Healthcare electives complement Columbia Business School’s world-renowned MBA curriculum, made up of functional disciplines within multiple healthcare sectors, and studied on a global basis from the perspective of industry executives and investors. Each part of the curriculum is taught by a combined team of several experienced healthcare executives and esteemed faculty and infuses topics of international significance into the classroom such as:

  • The Healthcare Industry in the 21st Century
  • Strategy and Competition in Pharmaceuticals and Biotechnology
  • Economics of Healthcare and Pharmaceuticals
  • Private Health Insurance and Public Policy
  • Healthcare Investment and Deal Making
  • Forecasting for Drug Development Strategy
  • Investing in Medical Technologies

US News and World Report Best Business School Ranking: #8
Additional Rankings or Commendations:
US News and World Report Ranked #4 Best National University
US News and World Report Ranked #6 Best Value School
Cost of Attendance: $60,720 full-time, annual tuition
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
The Middle States Association of Colleges and Secondary Schools (MSACSC)
Degrees or Specializations Offered:
Master of Business Administration in Health and Pharmaceutical Management
Executive Master of Business Administration in Health and Pharmaceutical Management

#5 – University of California – Berkley, California

University of California Berkeley MBA in Healthcare Management

The Haas School of Business and The UC Berkeley School of Public Health

Master of Business Administration and Concurrent Master of Business Administration and Master of Public Health

MBA in Health Management Program Website

Concurrent MBA and MPH Program Website

The MBA in Health Management Program at the Haas School of Business prepares Berkeley MBA students to become leaders who will deliver both insightful and practical solutions in the healthcare field. The accredited graduate healthcare management program balances California’s innovative managed care system, advances in the Internet, and biotechnology industries as laboratories for education and research. Leading UC Berkeley academic researchers from the business and public health schools, as well as prominent industry practitioners, teach in the program. There are a number of courses in health management offered at the Haas School of Business, as well as at the School of Public Health, including Healthcare in the 21st Century, Development of Biopharmaceuticals, Health Finance, and many others. Beyond regular coursework, speakers are frequently invited to talk to students.

The Haas School of Business and the UC Berkeley School of Public Health worked together to create an interdisciplinary program that trains future leaders in the expanding health management field. In the two and a half year MBA/MPH concurrent degree program, students earn both the MBA and Masters of Public Health degrees. Students participate in courses in both schools, as well as complete a three-month internship in a health organization. The program prepares graduates for senior positions in health-related industries, including:

  • Managed care and insurance
  • Consulting
  • Healthcare delivery
  • Biotechnology
  • E-health
  • Medical devices
  • Pharmaceuticals

US News and World Report Best Business School Ranking: #7
Additional Rankings or Commendations:
US News and World Report Ranked #20 Best National University
US News and World Report Ranked #1 Top Public School
Cost of Attendance: $51,412 in-state, full-time, annual tuition / $53,959 out-of-state, full-time, annual tuition
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
Senior College and University Commission of the Western Association of Schools and Colleges (WASC)
The Council on Education for Public Health (CEPH)
Degrees or Specializations Offered:
Master of Business Administration in Health Management
Concurrent Master of Business Administration in Health Management and Master of Public Health

#4 – Northwestern University – Evanston, Illinois

Northwestern University MBA in Healthcare Management

The Kellogg School of Management

Master of Business Administration

Program Website

The Kellogg School of Management’s Health Enterprise Management (HEMA) major meets the needs of any management student who plans to work in either the services or products side of the health industry. Leading scholars in a wide range of academic fields teach much of the HEMA curriculum. Practitioners who have reached the very top of their profession in the healthcare industry teach additional HEMA classes. All of the course offerings emphasize the importance of translating fundamental management principles into state-of-the-art tools for practitioners. Graduates with this specialization are prepared to compete successfully for jobs in provider, insurer and supplier organizations, as well as in consulting, investment banking and other related sectors of the economy. The HEMA major combines flexibility with depth. The cornerstone of the HEMA major is the introductory core course, which presents a body of common knowledge necessary to anyone managing in the health sector. Students must take three additional courses from a varied list, many of which emphasize specific themes common to many services and product areas of healthcare. There are no prerequisites for the major and students with no prior experience in the health sector are invited to take graduate Healthcare Management degree program courses.

US News and World Report Best Business School Ranking: #6
Additional Rankings or Commendations:
US News and World Report Ranked #12 Best National University
US News and World Report Ranked #21 Best Value School
Cost of Attendance: $59,085 full-time, annual tuition
Accreditations:
The Association to Advance Collegiate Schools of Business (AACSB)
Northwest Commission on Colleges and Universities (NWCCU)
Degrees or Specializations Offered:
Master of Business Administration with Health Enterprise Management Concentration

#3 – Massachusetts Institute of Technology – Cambridge, Massachusetts

MIT MBA in Healthcare Management

Sloan School of Business

Master of Business Administration

Program Website

The Massachusetts Institute of Technology (MIT) Sloan Business School MBA program has recognized the growing need for individuals to fill roles as healthcare managers and administrators by creating the MBA/Healthcare Certificate program. The national and international healthcare industry and health management-related changes and evolution have created a unique opportunity for MIT Sloan students and faculty to make an important impact on the world through innovative research and educational activities. Both students and faculty who are interested in healthcare and health management become part of this growing and interesting community. Opportunities are becoming prolific for MIT Sloan graduates in various career paths within the healthcare ecosystem and related industries. The Healthcare Certificate’s curriculum and requirements prepare students for career paths such as the pharmaceutical and biomedical industries, healthcare consulting, management positions within healthcare delivery systems, healthcare innovation and entrepreneurship, and global healthcare delivery.
The Healthcare Certificate will:

  1. Provide students with a structured and hands-on educational experience that is sufficiently flexible to promote their needs and desires with respect to the range of related career paths.
  2. Create a network of students, faculty and industry partners that will facilitate action-based educational, research and knowledge creation activities, as well as professional employment and hiring opportunities.
  3. Leverage the unique MIT culture of integration between management, engineering and the sciences.

US News and World Report Best Business School Ranking: #5
Additional Rankings or Commendations:
US News and World Report Ranked #7 Best National University
US News and World Report Ranked #5 Best Value School
Cost of Attendance: $61,152 full-time, annual tuition
Accreditations:
New England Association of Schools and Colleges (NEASC)
The Association to Advance Collegiate Schools of Business (AACSB)
Degrees or Specializations Offered:
Master of Business Administration with Certification in Healthcare
Executive Master of Business Administration with Certification in Healthcare

#2 – University of Pennsylvania – Philadelphia, Pennsylvania

University of Pennsylvania MBA in Healthcare Management

Wharton School of Business

Master of Business Administration

Program Website

A graduate Healthcare Management degree prepares interested students for careers in the pharmaceutical sector, biotech health services, government agencies, insurance organizations, health maintenance organizations (HMOs), and consulting firms that specialize in the healthcare sector. 

Graduates of this specialized MBA program are very well prepared to fill executive roles in the various organizations and specialties that make up this important industry of healthcare. The healthcare industry is one that is constantly changing due to innovations in science and technology, economic factors, human demand, and governmental and social policy. Graduates have gone on to careers in pharmaceutical and medical product companies, financial services, hospitals and other medical institutions, entrepreneurial ventures, consulting firms, foundations, industry, and government — many of them holding positions as chief executive officers, directors, and other key decision makers.

US News and World Report Best Business School Ranking: Tied for #1
Additional Rankings or Commendations:
Cost of Attendance: $59,736 full-time annual tuition
Accreditations:
The Middle States Association of Colleges and Secondary Schools (MSACSC)
The Association to Advance Collegiate Schools of Business (AACSB)
Degrees or Specializations Offered:
Master of Business Administration in Health Care Management

#1 – Harvard University – Boston, Massachusetts

Harvard University MBA in Healthcare Management

Harvard Business School

Master of Business Administration

Program Website

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 health care practice. The Healthcare Initiative program was created in 2005 to serve as a pathway for healthcare research, educational programs, and entrepreneurial projects across all sectors of the health care industry, from life sciences and medical devices to care delivery and public health policy. Through this powerful connection between students and faculty across Harvard University and beyond, HBS promotes leadership that makes an immediate and permanent impact on healthcare practices to improve outcomes, reduce costs, expand access and enhance services.
US News and World Report Best Business School Ranking: Tied for #1
Additional Rankings or Commendations:
US News and World Report Ranked #2 National University
US News and World Report Ranked #1 Best Value School
Cost of Attendance: $56,175 full-time, annual tuition
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)
Degrees or Specializations Offered:
Master of Business Administration with Health Care Initiative

Opportunities for a Master of Business Administration with a Concentration in Healthcare Management

With changes in healthcare policy, a boom in the American healthcare industry, and the retirement of the “Baby Boom Generation,” more and more skilled Healthcare Managers will be needed to fill these new positions. An MBA with a Concentration in Healthcare Management means that a graduate has gained the skills to understand the business of running a healthcare facility. The curriculum typically covers such traditional MBA topics as Accounting, Economics, Finance, General Management, Human and Organizational Performance, Marketing, Operations and Business Strategy. Students earning a concentration in Healthcare Management or Administration are also exposed to coursework such as Medical Ethics, Healthcare Industry Management and many others. This combined curriculum prepares students for the diverse and challenging healthcare industry. By earning a Master of Business Administration with a Specialization in Healthcare Management, students have the tools necessary to be successful Health Managers and Executives. A graduate Healthcare Management degree opens many doors for an exciting and rewarding career.

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

Top 20 Part-Time Degree Programs for Master’s of Business Administration with a Specialization in Healthcare Management

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.

By Kristen Fescoe
Published April, 2015

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