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Master of Business Administration/Health Care

  • Credits:
    36-45
    4-5 terms (full-time)
  • Degree:
    MBA

Program Description

Prepare for health care management careers in a hands-on Master of Business Administration / Health Care program at Cambridge College. Designed to meet the demands of health care employers, this MBA program is led by faculty who are practicing managers and experts in the health care field. The program is delivered via convenient evening, weekend, and online classes, and you can specialize your degree in health care management or health care informatics.

What is an MBA Degree? 

The Master of Business Administration (MBA) is today’s most in-demand management degree. Covering key business areas such as finance, human resources, and marketing, an MBA can open the door to a variety of careers. It’s also a great way to boost your salary – according to the Financial Times, MBA graduates typically double their salaries within three years of completing their degree and earn an average salary of $142,000. Combining the analytical business core of the MBA with a strong health care administration emphasis, the MBA / Health Care degree is ideal for working professionals with experience or a strong interest in the health care field.

Cambridge College MBA / Health Care Program Highlights

The MBA / Health Care program at Cambridge College offers an affordable, convenient option for adult learners balancing work, family, and education.

  • Convenient courses and low tuition. Cambridge College offers evening and weekend intensive classes, as well as online courses, designed for working professionals. Our tuition rate is among the country’s most affordable for a four-year private nonprofit college.
  • Hands-on learning. The MBA / Health Care program includes a graduate management capstone seminar with a designed action-learning experience. The Cambridge College Consulting (C3) program offers additional opportunities to apply academic knowledge to real-world projects.
  • Experienced, accessible faculty. Learn directly from practicing scholar-professionals who bring real-world health care management experience to the classroom.
  • Collaboration and networking. Work closely and exchange insights with other health care professionals from all over the world at one of the most ethnically diverse colleges in the United States.
  • Career-focused specialization options. Focus your MBA / Health Care degree in health care management or health care informatics.
  • No GMAT required. Cambridge College offers an easy application process and does not require standardized graduate school exams for admission to the MBA / Health Care program.

Cambridge College's MBA program was recently recognized in Boston Business Journal's list of "Largest MBA Programs in Massachusetts." Our program ranked at #16 overall!

MBA / Health Care Program Learning Outcomes

The MBA / Health Care program emphasizes problem solving, data analysis, project management, financial, and technological skills. You’ll also develop communication, self-management, teamwork and leadership skills, along with an in-depth knowledge of the issues, challenges, and best practices in the health care industry.

Health Care Management Careers 

Many graduates of this MBA program go on to management and leadership positions in health care organizations such as hospitals, public and private health agencies, insurance companies, and other health care businesses. They are in charge of budgeting, scheduling, and finding new ways to improve patient care.

According to the Bureau of Labor Statistics, the job outlook for health care managers is strong, with employment projected to grow at the much-faster-than-average rate of 20 percent through 2026.

Health Care Management Salaries

The average annual salary for health services managers was nearly $96,540 in 2016, according to the Bureau of Labor Statistics.

Health Care Informatics Careers 

 Like health care management careers, demand for health informatics jobs is also expected to increase over the next decade, as medical facilities look for qualified professionals to help implement new federal standards for electronic health and medical records. Health informatics jobs include:

  • Clinical data analyst
  • Health informatics consultant
  • Nursing informatics specialist
  • Health informatics director
  • EMR implementation and support specialists 

Health Care Informatics Salaries

The American Health Information Management Association (AHIMA) reports average salaries for health informatics consultants to be in the $80K range. A health informatics director will typically earn $80K to more than $100K per year.

Example MBA /Health Care Program Courses

These are just a few of the courses you’ll have the opportunity to take in the MBA / Health Care program at Cambridge College:

  • Risk Management in Health Care
  • The U.S. Health Care System
  • Healthcare Operations Management
  • Health Care Information Systems

 View the full Master of Business Administration / Health Care program curriculum.

MBA / Health Care Scholarships and Financial Aid

Cambridge College offers exceptional value through low tuition and a variety of financial assistance programs to help pay for your degree. Explore financial aid opportunities at Cambridge College.

Many companies also offer tuition assistance programs that can help to pay for your master’s degree. Learn more about getting your company to help.

Related Programs at Cambridge College

Still exploring degree options? You might be interested in learning more about these programs at Cambridge College:

Master of Business Administration (MBA)

Curriculum

General Prerequisites

Graduate level English language communication and writing skills. Coursework required in first term(s) if writing assessment indicates need (credits do not count towards degree).

Business Communication
MMG 501E • 3 credit(s)
This course is focused on the communication, analysis and presentation skills necessary for success in the U.S. and global business environment. Using a variety of materials, including articles from newspapers, videos and podcasts of business topics, and cases, students will develop their reading, listening, critical thinking, and oral and written communication skills. Students will be exposed to issues facing managers in today's environment and gain a better understanding of the cultural assumptions and communication styles of the U.S. business workplace. They will learn the appropriate style of communication for different types of business situations--participating in meetings, interviewing, writing memos or reports and making oral presentations. They will learn to develop clear and persuasive arguments, both orally and in writing. Students may be required to take this course based on results of their initial writing assessments. It does not count as an elective in the Master of Management program.
Graduate Writing
MMG 505 • 3 credit(s)
This course concentrates on strategies and techniques for building an academic essay. Challenging readings are used to promote the kind of critical thinking and analysis that best support graduate work. Students move from initial ideas, to first drafts, to strategies for revising their papers to achieve a polished product. Through a sequence of three to four progressively longer essays, students come to understand their own writing styles, strengths and difficulties, and become competent evaluators of their own work. By giving attention to the writing process itself and its different phases, students gain awareness of how to achieve their best work. This course is a requirement for students in the MM 55 Program. It may not be taken as an elective.
MBAHC Prerequisites
9
Credits

These 3 courses are expected to be successfully completed prior to the entry into the graduate management program for MBAHC. Take in first term(s) or demonstrate competency through prior undergraduate courses with a grade of B or better, and within a certain time limit, from a regionally accredited institution. An assessment to demonstrate competency may be required. (If not waived, these courses are considered additional credits in the MBAHC program.)

 

Quantitative Analysis for Managers
MMG 506 • 3 credit(s)
Students learn to think about and express business problems in quantitative terms. They examine the basics of number theory, arithmetic operations including ratios and proportion, percentages, graphing, and algebraic operations. Students get an introduction to probability theory and statistical analysis. Topics include descriptive statistics, probability distributions, sampling, estimation, hypothesis testing, simple and multiple regression and correlation. Students learn to apply quantitative tools to solve a variety of business problems and create and use quantitative models for real-world problems. Charts and graphs are created using spreadsheet software. This course is a prerequisite to MMG525 Statistical Decision Techniques for Managers.
Foundations of Management
MMG 511 • 3 credit(s)
This course provides an overview of the field of management and establishes a foundation and common vocabulary for future course work. It emphasizes the functions of planning, organizing, directing and controlling. The course assumes students have limited academic knowledge of management theory, and some experience in real world management situations to bring into the classroom. In each session the class explores some aspects of management in theoretical terms and then focuses on application of the theory to the practical problems facing managers.
Accounting for Managers
MMG 514 • 3 credit(s)
This course provides a broad view of accounting, from the point of view of those who prepare and use financial information. It combines elements of financial and management accounting in order to provide a background for managers to understand how financial analysis can impact their decision making. Students will become familiar with the four major financial statements: the balance sheet, income statement, statement of retained earnings and the statement of cash flows. They will also be given an overview of the firm's operating, financing, and investing activities; and an introduction to product costing, operating budgets, and capital investment decisions.
Core Curriculum
9
Credits

The following core courses must be taken in a student's first term(s).

MMG506 is a prereq. for MMG525.

Graduate Management Orientation Seminar
MMG 500

Provides incoming students with an orientation to the graduate management programs, including an overview of their philosophy and curriculum, and the benefits and rationale of the academic model. Introduces students to the resources of the College such as the learning management system, the online library and academic support services. Students meet with their academic advisor and develop their academic plans.

Organizational Environment
MMG 512 • 3 credit(s)
This course provides an overview of the external and internal environment of organizations. It helps students understand the resource, market, technological, economic, and socio-political context of the organization, and the impact of multiple stakeholders on its goals and decision-making processes. It examines organizational architecture and dynamics from the structural, human resource, political and symbolic perspectives. The course draws on theories and research on organizations, including topics such as motivation, leadership, and organizational change and development. The intent of the course is to provide students with the theoretical base to better understand organizational behavior, and to equip them with tools to analyze and improve upon their own managerial practice.
Research Methods for Managers
MMG 517 • 3 credit(s)
This course helps students understand the role of research in the management decision making process and in the development of business plans and strategies. It helps students become familiar with the research process and with a variety of business research tools and techniques. Students learn how to define a problem and write good research questions, determine what tools and techniques are appropriate for different kinds of problems, find information sources and assess their reliability, and critically analyze information. They also learn how to present the results of research in appropriate output formats. This course helps students with their independent learning projects.
Statistical Decision Techniques for Managers
MMG 525 • 3 credit(s)
Prerequisite: MMG506 Quantitative Analysis for Managers or equivalent. This course provides students with the knowledge and appropriate use of descriptive and inferential statistical techniques used in management decision making and develops their ability to characterize management problems that can be solved by such techniques. Topics include descriptive statistics, probability distributions, sampling, estimation, hypothesis testing, simple and multiple regression and correlation, chi square testing, analysis of variance, and decision theory. spreadsheet and statistical computer programs are used in the class.
MBA Health Care Management Required Courses
24
Credits

The following required courses may only be taken after successful completion of the MBAHC core curriculum courses.

Students may take MHC 710 or MHC 700

Risk Management in Health Care
MHC 710 • 3 credit(s)
This course deals with the discipline of dealing with the possibility that some future event will cause harm. It examines a variety of contemporary issues surrounding managerial and analytical problems involved in health care risk management. It includes a historical review of the role of risk management in health care and the evolvement from a reactive to a pro-active focus and discusses the planning of a pro-active, patient outcome focused risk management program.
Human Resources Management in Health Care
MHC 700 • 3 credit(s)
This course is designed to study the essential role of human resources management within healthcare organizations. To meet the challenges of the marketplace, organizations will need to improve the quality of the services provided; streamline clinical delivery and support systems and transform human resources management accordingly. The degree to which organizations manage the people issues may determine the success of health care institutions. This course serves as a comprehensive foundation for all aspects of human resources planning, development, and administration and is vital to both the human resources professional and the line manager. Through the text readings, journal articles, case analyses, and student presentations, we will explore key issues and concerns in the human resources field.
Healthcare Operations Management
MHC 712 • 3 credit(s)
Health care managers learn how to manage the outcomes of their organizations and departments more efficiently. Operations management involves planning the functioning of health care organizations for the most productive and efficient allocation of resources. Management functions such as planning, utilization of resources, control, and continuous quality management are addressed.
The U.S. Health Care System
MHC 720 • 3 credit(s)
The course will review the evolution of health care in the U. S., explore the structure of the current system, and consider the impact of emerging trends on the provision of health in the future. Various components and stakeholders will be identified, with special attention on the diversity of care options and evolving roles of government as a funding source and regulator. Developments in national health care policy, the cost-quality-access conundrum, and the expansion of health care reimbursement options will be examined. The course also examines health care systems in other countries as a means to access alternative approaches to health care delivery issues.
Unequal Treatment: Disparities in Health Care
MHC 723 • 3 credit(s)
This course will examine racial and ethnic disparities in health and human services and theories as to why those disparities exist. Students will consider policies that impact quality and equity of care. Specifically we will look at Title VI of the Civil Rights Act, which states that persons will not be treated differently on the basis of race, creed or color and how this important policy has been implemented and enforced over time. The course will use as its primary text the Institute of Medicine's (IOM) report issued in 2003; Unequal treatment: Confronting Racial and Ethnic Disparities in Health Care. While most of the research in this area has focused on health care, we will continually look at the relevance and application to social and human services. Students will critically review current efforts to address disparities in care and will focus on cultural competence.
Financial Management in Healthcare
MHC 725 • 3 credit(s)
Prerequisite: MMG514 or equivalent. This course prepares health care managers to participate effectively in financial decision making within health care organizations. It focuses on how to use financial and program data to effectively analyze costs of programs and departments. Financial accounting, managerial accounting, and contemporary financial concepts are introduced. Special attention is given to Medicare, Medicaid, insurance, managed care, and government funding.
Data, Knowledge and Information Management in Health Care Informatics.
MHC 733 • 3 credit(s)
Pre-requisite: MHC 522, MHC 730. The purpose of the course is to help health care professionals transform data into useful information for decision-making. This information is then utilized to support administrative and clinical decision-making. Course content will include the process of decision-making, securing the right information, human factors that affect the use of information, information classifications, and the human-computer interaction in health care organizations.
Emergency and All-Hazards Preparedness in a Health Care Setting
MHC 741 • 3 credit(s)
This course is intended for the health care manager who is responsible for the preparedness of his or her organization in a disaster situation. It focuses on planning and preparedness for all types of hazards. It covers such topics such as the legal and ethical issues surrounding disaster planning and preparedness, obtaining assistance from government and other agencies, interagency cooperation, integrating civil and military response and meeting the needs of special populations.
Health Care Policy and Ethics
MHC 750 • 3 credit(s)
This course gives an overview of policy development at the organizational, local and national levels. Students assess the influence of actors, arenas, and socio-historical trends on health care policy. They explore ethical principles and how they are infused into all aspects of health care and health care management.
6
Credits
MBAHC Capstone
3
Credits

Choose one of the following courses. This course is the final course of the program.

Strategic Planning in Health Care
MHC 740 • 3 credit(s)
This course focuses on developing an organizational vision, mission and goals, and integrating all components of the health care organization to achieve those goals. Strategic analysis, plan development and implementation strategies are included, as well as monitoring and evaluation.
Independent Learning Project: Management
MMG 800 • 3 credit(s)
This comprehensive final project is focused on a topic in a student’s concentration. The Management Seminar and the Seminar Leader provide direction and support for the project. The project demonstrates ability to define a problem, use appropriate resources, collect and analyze data, draw conclusions, and organize the written report.
Download Program Sheet

Senior Instructor

michael.deldon@cambridgecollege.edu
Stephen.Lyons@go.cambridgecollege.edu
Donna.Maimes@go.cambridgecollege.edu
Brooks.Winchell@go.cambridgecollege.edu
View bio

Admissions

  • Admission Test:

    No standardized graduate school tests required.

  • Admissions Office:
  • Application Form:
    Apply Online Now
  • Application Fee:
    $50, nonrefundable ($100 for international students)

School Requirements

See Admissions Requirements for the School of Management

International Students 

International students need to provide supplemental documentation:

  • Official demonstration of English language proficiency
  • Supplemental documentation for issuance of I-20
  • International transcripts, evaluated by an accepted evaluation service

Transfer Credit 

Graduate program applicants, please complete the transfer credit request form if you wish to have prior course work evaluated for transfer. Learn more.

Tuition

  • Credits:
    36-45
  • Cost per credit hour:
    $658
  • Application Fee:
    $50, nonrefundable ($100 for international students)
  • Health Insurance Fee:
    $3,652 - Required for Massachusetts students only. See waiver details on Tuition & Fees page.

See tuition and fees

Note: Rates are as of July 2021, and are subject to change without notice. Rates apply to all students, unless otherwise noted.

Financial Aid

Cambridge College offers financial aid to students in our degree programs who are enrolled at least half time. Undergraduate students must be enrolled in at least 6 credits each term. Graduate and doctoral students must be enrolled in at least 4 credits each term. Learn more

Grants, Scholarships and Loans

Cambridge College welcomes the opportunity to support your efforts to pay for college.  Federal, state and local resources in the form of grants, scholarships, loans and work-study, including Cambridge College Scholarships, are available to help defray the cost of tuition. Learn more

Getting Your Company to Help

Many companies have tuition assistance programs, designed to help their employees with their professional development. Learn more

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