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MBA In Healthcare Administration
According to the Bureau of Labor Statistics, the demand for healthcare managers and administrators is growing at a rate faster than most other industries. Earning an MBA in healthcare administration can actually provide students with the knowledge and experience that is just needed to advance into administrative roles.
In recent years, the changes to healthcare reform, the aging population, and also the retirement of the “Baby Boom Generation” have even caused a sharp rise in Healthcare Management and Administration positions. The highly specialized healthcare MBA also enables graduates to simply work in administrative roles including:
- Hospitals
- Long-term care facilities
- Rehabilitation facilities
- Pharmaceutical companies
- Insurance companies
Ranking Methodology
This ranking list was actually made to highlight the top-ranked campus-based MBA programs in the United States that simply offer a specialization in Healthcare Management or Administration. To be known or considered for our ranking, schools needed to:
- Hold regional accreditation
- Demonstrate a commitment to healthcare through extensive course offerings
- Have hands-on training opportunities through internships, practicums, or other professional development training
The list was also ranked according to a combination of the cost of attendance and the student-to-faculty ratio. Specializations, awards, and even achievements earned by the school or department have also been noted.
Student-to-Faculty Ratio
- 10:1 or less= 5 Points
- 11:1 to 15:1= 3 Points
- Greater than 15:1= 1 Point
Average Graduate Tuition
- Less than $20,000 per year= 4 Points
- $20,001 to $30,000 per year= 3 Points
- $30,001 to $40,000 per year= 2 Points
- Greater than $40,000 per year= 1 Point
MBA Healthcare Administration
Here are the top ten MBA In Healthcare Administration you should know:
Columbia University – New York, New York
Master of Business Administration-Healthcare and Pharmaceutical Management
Average Graduate Tuition: $46,216/year
Student to Faculty Ratio: 6:1
Points: 6
The MBA Health and Pharmaceutical Management program at Columbia simply permits students to tailor their healthcare business education to their own interests and also goals. Courses are actually taught by industry experts and even cover areas like:
- Strategy and competition in pharmaceuticals and biotechnology
- The healthcare industry in the 21st century
- Healthcare investment and deal-making
These electives complement Columbia Business School’s world-renowned MBA curriculum, enabling students to get or gain expertise in the business of healthcare.
Carnegie Mellon University – Pittsburg, Pennsylvania
MBA Health Care Policy and Management
Average Graduate Tuition: $43,815/year
Student to Faculty Ratio: 10:1
Points: 6
The Master of Business Administration (MBA) and also Master of Science in Healthcare Policy Management (MSHCPM) joint degree program is just a concurrent five-semester program. It’s also focused on the economic, political, and financial environment.
The Tepper School of Business and the Heinz College of Information Systems and Public Policy simply offer this program jointly. These courses simply cover areas like:
- Health economics
- Healthcare information systems
- Healthcare management
- Health Policy and Management Systems
Students actually spend their first two semesters at Tepper. The three remaining semesters are then integrated with business and healthcare. Either GRE or GMAT scores are also required for acceptance into the program.
Yale University – New Haven, Connecticut
Master of Business Administration-Healthcare
Average Graduate Tuition: $42,100
Student to Faculty Ratio: 6:1
Points: 6
The Yale School of Management simply features a top healthcare MBA. It’s for working healthcare professionals who actually aspire to become leaders and also innovators in the healthcare industry. During the first year of the program, students simply complete an integrated core curriculum.
They even then participate in the Colloquium on Healthcare Leadership, a series of talks with industry leaders. The second year is then spent taking advanced courses in business and healthcare. It also culminates with a capstone course that brings it all together. Courses cover areas like:
- Healthcare economics
- Global Health
- Healthcare operations
- Population Health and Health Equity
Students can even then complete this top healthcare MBA program in just 22 months.
Emory University – Atlanta, Georgia
MBA with a concentration in Healthcare Consulting
Average Graduate Tuition: $41,800/year
Student to Faculty Ratio: 9:1
Points: 6
The two-year top healthcare MBA at the Goizueta Business School at Emory University actually prepares students for any challenge they might simply encounter in the healthcare industry. Students also have the opportunity to just participate in a one-week global learning experience. Here they can get to learn how companies create and also manage their business around the globe. Faculty are also industry leaders who simply work with students on collaborative learning challenges that challenge perspectives.
University of Michigan – Ann Arbor, Michigan
Full-Time MBA-Healthcare Management Concentration
Average Graduate Tuition: $23,128/year in-state and $46,678/year out-of-state
Student to Faculty Ratio: 11:1
Points: 6
The Ross Healthcare Management Concentration at the University of Michigan is just a very unique program. It’s for students that are seeking to combine their interests in the business and healthcare fields.
The concentration also allows students to then complement the MBA curriculum with 12 healthcare-related electives and even multidisciplinary action projects (MAP) in healthcare. Through these unique MAP action learning experiences, students can even then gain valuable hands-on skill-building at a sponsoring company.
Rice University – Houston, Texas
MBA-Health Care Specialization
Average Graduate Tuition: $37,855/year
Student to Faculty Ratio: 6:1
Points: 7
The Jones Graduate School of Business at Rice University simply offers a top MBA in healthcare. It actually provides students with an understanding of business practices across the different interlocked sectors of the healthcare industry. These courses cover areas like:
- Health insurance in the US
- Innovation and entrepreneurship
- Mindfulness and Performance in Organizations
- Healthcare strategy
The program is just open to full-time, professional, and also executive MBA students.
University of Pennsylvania – Philadelphia, Pennsylvania
Master of Business Administration-Health Care Management Major
Average Graduate Tuition: $34,882/year
Student to Faculty Ratio: 6:1
Points: 7
The Wharton School at The University of Pennsylvania simply features a specialized MBA program. It also prepares graduates to then fill executive roles in various organizations and also specialties in the healthcare field. These courses actually cover areas like:
- Managed care and integrated healthcare
- Finance management
- Health care reform
- Health care services delivery
Graduates have gone on to successful careers in:
- Managed care
- Biotechnology
- Information technology
- Entreprenuership.
University of Virginia – Charlottesville, Virginia
MBA-Healthcare
Average Graduate Tuition: $16,018/year in-state and $26,830/year out-of-state
Student to Faculty Ratio: 15:1
Points: 7
The top healthcare MBA at the University of Virginia’s Darden School of Business actually prepares students to then think both ethically and also creatively about trending healthcare issues. During the program’s first year, students actually focus on managerial concepts in areas like:
- Operations
- Strategy
- Leadership and Finance
The second year also allows students to then explore their own interests and then apply their knowledge of business to the healthcare industry. Students also get to design their Darden Business Project in healthcare to simply showcase their skills.
Professional development opportunities are also much available through the Darden Health Care Club and the Institute for Business in Society.
University of North Carolina – Chapel Hill, North Carolina
MBA with a concentration in Healthcare
Average Graduate Tuition: $10,243/year in-state and $27,454/year out-of-state
Student to Faculty Ratio: 13:1
Points: 7
The Kenan-Flagler Business School at the University of North Carolina simply features a top MBA healthcare program. It was also created to address the demand for effective business leaders with creative problem-solving and even leadership skills. This is for healthcare professionals with experience in private and also public healthcare organizations and the medical community.
This enrichment program will then further expand their entrepreneurial and strategic leadership opportunities. Students can even take advantage of exciting professional development opportunities through:
- The Healthcare Career Lab
- Company networking opportunities
- Shadow days
- Career treks
- National case competitions
Graduates have also found success working for companies like Humana, Quest Diagnostics, Cigna, and even Genentech.
Cornell University – Ithaca, New York
Executive MBA/MS in Healthcare Leadership
Average Graduate Tuition: $29,500/year
Student to Faculty Ratio: 9:1
Points: 8
The top choice for a healthcare MBA is the Executive MBA/MS in Healthcare Leadership dual degree program at Cornell University’s SC Johnson College of Business. It’s the only program of its kind that is offered by an Ivy League university.
Students get to receive both an MBA and an MS in healthcare leadership:
And the courses are simply taught in New York City through weekend classes and residential sessions. The program also takes two years to complete and students can even begin the program during the summer semester. The Johnson MBA also provides a solid foundation in all the functional areas of business:
- Accounting
- Finance
- Economics
- Marketing
- Operations management
- Strategy
- Leadership
Healthcare courses cover areas like:
- Biostatistics
- Health data analytics
- Healthcare leadership
- Health informatics
All these courses are actually taught by industry experts and business leaders experienced in the quickly evolving field of healthcare administration.
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