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Master of Business Administration/Health Care

  • Credits:
    45-54
  • 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 Concentrations

Specializing your degree is an opportunity to focus your studies in an area of personal and professional interest. It can also give you an advantage when it comes to getting a job. The MBA / Health Care program at Cambridge College offers concentrations in health care management and health care informatics. Each of these concentrations is also available as a stand-alone graduate certificate program.

  • Health Care Management Concentration: Gain the skills for leadership positions as managers or administrators in health care organizations.
  • Health Care Informatics Concentration: Learn the fundamentals of health information systems and software, project management, and information management.

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:

  • Foundations of Management
  • Risk Management in Health Care
  • The U.S. Health Care System
  • Leadership Seminar III: The Manager as Team Developer and Leader
  • Information Systems in the Organization

 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.
Foundation Courses
9
Credits

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 waived, credits required for degree are reduced.

 

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.
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.
Economics for Managers
MMG 515 • 3 credit(s)
The main objective of this course is to provide students with the basic concepts and analytical tools of economics and to apply them so as to understand the workings of a market economy and to increase their effectiveness as managers. After an introduction to the basic economic tools of supply and demand, and the treatment of profit maximization, we will cover the basic concepts of microeconomics for use in business decision making. Throughout the course, we will use economic theory and real world examples to analyze and understand the main issues of microeconomics and macroeconomics as they apply to the business world.
Seminar & Capstone
9
Credits

Take MMG691-693 in sequence with same seminar leader.

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.

Leadership Seminar I: Self-Diagnosis and Goal Setting
MMG 691 • 2 credit(s)
The Leadership Seminar serves as a learning laboratory for students to develop, integrate and demonstrate competencies in personal, professional and academic development. It provides an opportunity for students to test and apply learning in a practical and experiential context and to integrate experience and theory. In the first semester students self-diagnose their academic and managerial skills and develop academic and professional goals and plans. They also develop skills at being effective members of a learning community.
Leadership Seminar II: The Manager as Team Developer and Leader
MMG 692 • 2 credit(s)
This seminar focuses on the manager as a leader and developer of people and teams. Students develop important cognitive and affective skills: developing people, peer relationships, working with others, and resolving conflict. The seminar also helps the student learn how to leverage the diversity in teams and how utilize team resources effectively.
Leadership Seminar III: the Manager as Strategic Leader
MMG 693 • 2 credit(s)
Strategic leadership provides the scope and direction to help drive success for the organization. This seminar explores the skills and tools necessary for strategy formulation and execution and the ability to effectively manage change. Managing in an environment of change and uncertainty requires strategic leaders to craft and communicate organizational vision and consistently maintain a sense of direction, while simultaneously building ownership of goals and objectives for action within the units they are responsible for leading. Participants explore how strategic leaders make decisions based on values, invest in innovation, human capital, and create and maintain an effective culture to ensure long-term viability.
Graduate Management Capstone Seminar
MMG 694 • 3 credit(s)
The Graduate Management Capstone Seminar is designed to support students in designing, implementing, and presenting their capstone project. The capstone provides a culminating opportunity for students to apply and demonstrate the knowledge, skills and behaviors developed during their program through a designed action-learning experience, using the stated program outcomes and competencies as an assessment reference. Students will develop a business report/case analysis that demonstrates and documents their learning. Prerequisites: Students must have completed at least 75% of their total program credits, seminars MMG691-693, as well as specific program core courses detailed in the program charts.
MBA Core Courses
18
Credits
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.
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.
Financial Accounting
MMG 520 • 3 credit(s)
Prerequisite: MMG514 or equivalent. Financial Accounting covers the four basic financial statements and the way they are used by decision makers. Fundamentals and principles of accounting are discussed along with key concepts underlying accounting systems. Students learn the framework of debits and credits used in posting. The course has a focus on interpretation, analysis and communication of financial data. It covers balance sheets, income statements, cash flow statements, statements of retained earnings, and required SEC 10K filings. Students learn dual entry - accrual accounting with a focus on analysis of key ratios derived from financial statements for internal management. Special attention is given to accounting for assets, liabilities and owner’s equity. Additional topics include generally accepted accounting principles (GAP), the Sarbanes-Oxley regulations, and ethics in accounting.
Information Systems in the Organization
MMG 522 • 3 credit(s)
This course provides an overview of computer information systems. Students will be presented with the core information systems principles, offered an overview of the information systems discipline and will learn about the changing role of the information systems professional. This course will enable students, regardless of their field, to understand and use fundamental information systems principles so that they can function more efficiently and effectively as workers, managers, decision makers and organizational leaders.
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.
Project Management Concepts and Practices
MMG 710 • 3 credit(s)
In this course, students will learn how to use the concepts, tools and techniques of project management in order to successfully manage system development projects. System development project failures are generally failures of management, not failures of technology. Good management, along with an understanding of the appropriate use of technology, is therefore essential. Students will learn, in particular, how to apply the concepts, tools and techniques of project management in today's dynamic, digital business environment, where projects must be brought to completion under increasingly compressed timeframes and where decisions must be made under conditions of uncertainty.
Health Care Core Courses
9
Credits
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.
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.
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.
Specialization: Health Care Management
9
Credits

Choose three courses

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.
Health Care Information Systems
MHC 730 • 3 credit(s)
Prerequisite: MHC 522. This course includes an overview of the health care information technology system as well as clinical information systems devoted to the direct management of the patient. It provides guidance for implementing, managing, and accessing clinical information systems in various health care settings. Discusses medical records, resource management and security, the importance of disaster planning, standards and regulatory issues as related to informatics. Also examines the current state and future of health care informatics, including tele-medicine and emerging technologies, and explores the new technology creation and adoption processes and the impact of rapidly evolving technologies in the health care arena.
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.
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.
Specialization: Health Care Informatics
9
Credits

Health/Medical information systems and software; IT project management; data and information management; use of data for analysis and decision-making. Jobs include IT and information systems management and analysis in health care organizations and facilities.

Health Care Information Systems
MHC 730 • 3 credit(s)
Prerequisite: MHC 522. This course includes an overview of the health care information technology system as well as clinical information systems devoted to the direct management of the patient. It provides guidance for implementing, managing, and accessing clinical information systems in various health care settings. Discusses medical records, resource management and security, the importance of disaster planning, standards and regulatory issues as related to informatics. Also examines the current state and future of health care informatics, including tele-medicine and emerging technologies, and explores the new technology creation and adoption processes and the impact of rapidly evolving technologies in the health care arena.
Life Cycle of Information Systems in Health Care Informatics
MHC 732 • 3 credit(s)
Prerequisite: MHC 522, MHC 730. This course helps health care professionals understand the life-cycle of an information system and view it as a continuous process while maintaining the underlying support for the system. The course provides the tools needed to select a health information system based upon identified criteria in an individual health care agency and includes strategic planning, analysis, design and implementation, as well as testing and evaluation of the system.
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.
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Senior Instructor

michael.deldon@cambridgecollege.edu
X6622Teresa.Forte36@go.cambridgecollege.edu
Jeffrey.Isaacson@go.cambridgecollege.edu
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John.Killeen@go.cambridgecollege.edu
Stephen.Lyons@go.cambridgecollege.edu
Donna.Maimes@go.cambridgecollege.edu
michael.milos@go.cambridgecollege.edu
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Dale.Parker@go.cambridgecollege.edu
(617) 873-0675Mark.Rotondo@cambridgecollege.edu
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Brooks.Winchell@go.cambridgecollege.edu
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Adjunct Instructor

George.Hicks@go.cambridgecollege.edu
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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

 

State Health Requirements

The Massachusetts Health Department and Cambridge College require the following of students in Massachusetts:

Immunizations – All students in Massachusetts are required to get certain immunizations before you can register for your first term. See form

Health Insurance – In Massachusetts, undergraduate students taking nine or more credits/term and graduate students taking six or more credits/term must enroll in the College’s health insurance plan. Students who have insurance with comparable coverage may request a waiver. See information and enroll or waive.

International Students 

International students are accepted at Massachusetts location only, and 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:
    45-54
  • Cost per credit hour:
    $658
  • Application Fee:
    $50, nonrefundable ($100 for international students)
  • Health Insurance Fee:
    $3,308 - Required for Massachusetts students only. See waiver details on Tuition & Fees page.

See tuition and fees

Note: Rates are as of July 2019, 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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