MBA, Health Care Management
Become a leader in the health care field! The health care industry today is evolving and faces many challenges that are well suited for MBAs to address. MBAs have the opportunity to pursue health-care management jobs relating to human resources, finance, information systems, and patient care.
According to Bloomberg Businessweek, “MBAs have many skills that lend themselves to helping reform health care.” The news source also reported in 2010 a recent surge in on-campus recruiting in the industry.
If you are interested in advancing your career in this exciting field and obtaining a management position within a health care-related organization, an MBA with a concentration in health care management can help you get there. This program addresses the unique attributes of a health care organization while providing a solid business foundation in areas such as management, finance and marketing.
Health care management can encompass a wide variety of job functions and industry sectors.
Length and Format:
Students can choose from the following class formats:
- Part-time (in the classroom), two years
- Online, two years
- 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.
- 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.
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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- Management of Human Resources: Analyze policies in human resource management and organizational design, recruitment, selection hiring, development promotion and incentive based pay.
- 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.
- 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.
- 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.
- 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.
- 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.
Our unique cohort system groups students together throughout their educational experience. You will complete the program 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.
- 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.
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.
- 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.