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Master of Business Administration/Health Care
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Credits:
36-454-5 terms (full-time)
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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.
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:
Curriculum
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).
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.
The following core courses must be taken in a student's first term(s).
MMG506 is a prereq. for MMG525.
Prerequisites: MMG525 and working knowledge of MS Excel. This course offers an overview of the modern organizational landscape built around data and data analytics. Rooted in the notion of evidence-based management, the course aims to enhance students’ understanding of how successful, data-driven business organizations extract insights to enhance their competitive advantage. Three broad topical areas will be covered: 1. making sense of data, 2. estimation and statistical inference, and 3. learning with data.
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.
Choose one of the following courses.
Admissions
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Admission Test:
No standardized graduate school tests required.
- Admissions Office:
- Application Form:
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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
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Credits:
36-45
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Cost per credit hour:
$658
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Application Fee:
$50, nonrefundable ($100 for international students)
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Health Insurance Fee:
$3,308 - Required for Massachusetts students only. See waiver details on Tuition & Fees page.
Note: Rates are as of July 2020, 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