Loyola University HCM Degrees
According to the Bureau of Labor Statistics, positions for healthcare managers are expected to grow by 18 percent, faster than other industries, over the next ten years. The average salary for a healthcare manager is $99,730 per year and most positions require a bachelor’s degree or higher. Loyola University offers several degree programs that prepare individuals for careers in this growing field.
Bachelor of Science in Healthcare Administration
Through the Parkinson School of Health Sciences and Public Health, Loyola University offers a Bachelor of Science in Healthcare Administration that prepares students for careers in management and healthcare delivery systems. Students gain an understanding of the United States and global health systems as well as legal, social and economic environments that impact healthcare systems today. They gain insight into the needs and determinants of health at the individuals, community and population level. Students are able to apply fiscal and economic principles to the management of healthcare settings and services while also applying organizational and management theories in a variety of settings. Courses required may include:
- Careers in Healthcare Administration
- Global Health
- Health Equity
- Healthcare Ethics
- Healthcare Fiscal Management
- Healthcare in America
- Healthcare Information Systems Management
- Healthcare Legal and Regulatory Environment
- Healthcare Management Research
- Healthcare Policy
- Healthcare Project Management
- Healthcare Quality and Performance Improvement
- Healthcare Services for Health Aging
- Healthcare Strategy and Marketing
- Healthcare Workforce Environment
- Medical Terminology for Healthcare Administration
- Public Speaking
A capstone course, as well as an internship, is also required for the program.
Master of Business Administration in Healthcare Management
The Master of Business Administration in Healthcare Management provides students with the innovation and leadership skills necessary in an ever-changing industry. Students gain an understanding of the complex healthcare landscape, gaining the skills they need to succeed in this dynamic industry. Through the cohort program, students develop a professional network while completing classes that are held twice each month on Saturday. Courses required may include:
- Business Communication
- Business Data Analytics
- Conflict Management
- Finance and Accounting
- Financial Management
- Financial Statement Analysis
- Healthcare Business Ethics
- International Immersion
- Managerial Economics
- Managerial Statistics
- Marketing Management
- Operations Management
- Policy and Law
- Project Management
- Quantitative Methods
- Risk Management
- Special Topic
- Strategic Human Resource Management
- Strategic Management
- Values-based Leadership
About Loyola University
Loyola University was founded by Father Arnold Damen, S.J., as Saint Ignatius College in 1870. The school opened at 1076 West Roosevelt Road and, in 1910, became Loyola University. In 1912, a ten-year process of relocation began to move the school to the Lake Shore Campus in Rogers Park. A downtown campus was established in 1914 but was eventually relocated to Near North Side in 1947.
In 1923, The Chicago School of Dentistry merged with the university while the school’s medical and dental departments moved to Maywood in 1969 to create the Loyola University Medical Center. The School of Sociology, which eventually became the School of Social Work opened downtown in 1914 and it was this school that admitted women for the first time.
Today, there are 17,007 students enrolled at Loyola University in programs with a strong Jesuit focus.
Loyola University Accreditation Details
Loyola University is accredited by the Higher Learning Commission. Through this accreditation, the Commission evaluates the University’s effectiveness in fulfilling its educational mission using a set of quality standards. In addition, programs throughout Loyola University are accredited by the following organizations:
- American Bar Association
- Association of Theological Schools
- Association to Advance Collegiate Schools of Business
- Commission on Collegiate Nursing Education
- Council for the Accreditation of Educator Preparation
- Council on Social Work Education
- Liaison Committee on Medical Education
Loyola University Application Requirements
Applicants for the Bachelor of Science in Healthcare Administration must provide official high school transcripts as well as official ACT or SAT scores. One letter of recommendation is also required. Applicants who have earned college credit after high school graduation must provide official transcripts from all colleges and universities attended. Those with 15 credits or fewer must also submit official high school transcripts along with with ACT or SAT scores.
Applicants for the Master of Business Administration in Healthcare Management must have seven years of relevant professional experience in the healthcare industry. The must provide a statement of purpose and official transcripts from all colleges and universities attended. One must display the conferring of a bachelor’s degree or higher. Two letters of recommendation are also required along with a current resume and official GRE or GMAT scores.
Loyola University Tuition and Financial Aid
Tuition for the Bachelor of Science in Healthcare Administration is $352 per credit hour. Tuition for the Master of Business Administration in Healthcare Management is $4,488 per course which covers textbooks, case studies, nutritious meals, snacks and beverages during class along with a global immersion trip.
Financial aid is available and all students should complete the Free Application for Federal Student Aid (FAFSA) in order to qualify. Students should complete the FAFSA, which must be renewed annually, regardless of income as some need is merit-based. Undergraduate students may be offered grants, scholarships or loans to cover the cost of tuition. Those attending on campus may also be offered work-study programs. Graduate students are offered loans to cover the cost of tuition but may seek grants or scholarships from outside organizations. Those attending on campus may also be offered assistantships or fellowships.
Loyola University offers students a diverse community that is steeped in the Jesuit faith, providing students with expanded knowledge in the service of humanity through faith, justice, and learning. Loyola University is a steward of Catholic tradition and a unique Ignatian heritage.