List of Accredited Online Degrees
Despite its image of suits, boardrooms, and the stock market, the MBA is filled with diverse specialties. The online MBA healthcare program is one way for students to fuse two passions into one.
The healthcare field is growing by leaps and bounds to care for an aging population. Whether they are in scrubs or a suit, healthcare administrators navigate its complex maze of economic, regulatory, ethical, and legal scenarios.
Enhancing as many patient lives as possible, while watching the bottom line: There’s a high demand for this skillset, which revolves around “big picture” issues like staffing, budget-setting, policy-making, public relations, and compliance.
THE CAREER PATH
Where in the world do successful online MBA Healthcare Administration graduates end up? Many work in hospitals and clinics, but departments vary widely. For example, a healthcare finance manager may work mostly on-site in the Finance department, while a health services manager may move around to different sites.
- Hospital Administrators keep hospitals of all sizes running smoothly: Communicating with governing boards, hiring staffers, and more. The field is predicted to enjoy a 23% growth through 2022, and average salaries topped six figures in May 2014.
- Medical and healthcare managers handle nitty-gritty details, like legal compliance and ordering inpatient bed sheets. This fast-rising field is estimated to grow 17% through 2024, with median annual pay of $94,500.
WHO IS THE IDEAL CANDIDATE?
While requirements like GMAT scores and years of work experience vary among schools, character also counts. MBA in healthcare candidates often have a genuine passion for helping others and improving care outcomes.
Got a history of working in the healthcare field? Former nurses and healthcare professionals have been known to pursue an MBA to make a broader impact in hospitals and clinics.
WHAT SHOULD I EXPECT?
Requirements vary across all schools offering online MBA in healthcare administration specializations. Not all require a bachelor’s in business, so career changers can still qualify with an undergraduate degree in varied majors. Most require GMAT test scores, an essay, and transcripts. GPA minimums vary from 2.0 to 3.5.
Got a limited academic background, but worked in a healthcare (or relevant) setting before? Many schools also factor in professional experience—5 years of work experience or more can prove your readiness for the program.
The online MBA healthcare administration major builds leadership and analytical skills for a team-based medical setting.
Though every program’s curriculum varies, here are some examples of coursework:
- Healthcare Systems
- Legal and Ethical Issues in Healthcare
- Managed Healthcare
- Healthcare Policy Analysis / Decision-making
- Managerial Economics
- Principles of Health Informatics
Many online MBA programs also require a capstone project, in which students solve real-world business problems with a healthcare focus.
WHAT SHOULD I LOOK FOR?
Verify the accreditation of the online MBA healthcare programs that you are considering. If a school is accredited by the Association to Advance Collegiate Schools of Business (AACSB) that means its' programs have passed the highest scrutiny.
Accreditation is proof of rigor, quality, and healthcare relevance. At GetEducated.com we vet each and every school for proper accrediatation before adding them to our database so you can be sure your degree is legit.
Investing in an online healthcare administration MBA means investing in lifetime earning potential. According to GetEducated’s rankings, the average cost of an online MBA is $25,869. To fully understand the tuition you'll be paying, take a closer look at:
- Cost per credit hour (in-state, out of state)
- Estimated degree cost
- Credit hours to complete