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15 Programs for MBA in Hospital Management and Healthcare

MBA in Hospital Management and Healthcare programs and other niche higher education options offered by 15 prestigious universities are discussed below.


These MBA courses offer a unique opportunity for professionals seeking to lead in the complex world of healthcare administration. In today's dynamic healthcare landscape, an MBA in Healthcare equips graduates with the knowledge and leadership capabilities essential to drive innovation, improve healthcare delivery, and manage healthcare organisations effectively. Here, we explore the top institutions providing these transformative MBA Health Administration programs.

MBA in Hospital Management and Healthcare
MBA in Hospital Management and Healthcare

1. IIM Bodh Gaya- MBA Health Administration


IIM Bodh Gaya is a newer Indian Institutes of Management and might not have a well-established ranking as some of the older IIMs. Rankings can vary, but it's essential to consider that IIMs are generally recognised for their academic excellence and rigorous programs.


Curriculum Details

IIM Bodh Gaya offers a two-year MBA program in Hospital and Healthcare Management (MBA-HHM). The curriculum includes core courses in the first year and specialisation tracks in "Hospital Management" and "Healthcare Management" in the second year. Students also engage in industry immersion and community projects.


Eligibility


Admission to IIM Bodh Gaya's MBA program is based on the CAT examination. Indian citizens are eligible to apply, and the admission process is open to various categories, including General, EWS, NC-OBC, SC, ST, and PwD.


Costs

The total fee for the MBA program at IIM Bodh Gaya is INR 16,28,000. Graduates are well-prepared to manage healthcare facilities, make strategic decisions, and ensure quality patient care.


Dates & Deadlines

CAT-2022: November 27, 2022 (Forenoon) CAP (Common Admission Process): February 13, 2023 - March 4, 2023 Expected Release of First Merit List: May 10, 2023 (Tentative)


2. IIM Jammu- MBA in Hospital Management


IIM Jammu may not have prominent rankings due to its relative newness. However, being part of the IIM network, it's known for offering quality management education.


Curriculum Details

IIM Jammu provides a unique 2 year MBA program in Hospital Administration and Health Care Management (MBA-HA & HM). This MBA Health Administration combines management fundamentals, technological aspects, and practical experience in healthcare. The curriculum includes core and elective courses, summer internships, and independent study courses in hospitals and healthcare organisations.


Eligibility

Admission is based on the results of the CAT examination. The program is open to Indian citizens from various categories, including General, EWS, NC-OBC, SC, ST, and PwD.


Costs

The total fee for the MBA program at IIM Jammu is approximately INR 17,15,000.


Benefits

Graduates of this program gain a comprehensive understanding of healthcare management, combining management skills, technological expertise, and practical experience. They are well-equipped to lead and administer healthcare facilities effectively.


3. Wharton University- MBA Health Management


Wharton's Health Care Management (HCM) program is among the most prestigious in its field combining business and healthcare management. Students have access to a diverse network and resources, bridging consulting, private equity, digital health, medicine, engineering, pharmaceuticals, biotech, and more. GMAT or GRE score needs to be submitted to apply.


Duration


The MBA Health Administration spans an academic year and typically starts in the fall. The academic year at Wharton generally covers two semesters.


Costs


Tuition for the 2023-2024 academic year is approximately $87,370, with additional expenses, making the first-year budget around $124,476. The second-year budget is slightly lower.


Benefits


Students in the HCM program gain access to exceptional healthcare and business education and a robust alumni network. Graduates can pursue careers in various sectors, from consulting to healthcare services, leveraging their skills to drive innovation in the industry.


Dates & Deadlines


Wharton University follows a multi-round application process.

Application Deadlines:

  • Round 1: September 6, 2023

  • Round 2: January 4, 2024

  • Round 3: April 2, 2024

  • Deferred Admissions Round: April 24, 2024


4. IIM Ahmedabad- Executive Programme in Healthcare Service Management - Blended Learning


IIM Ahmedabad offers an advanced certificate course on the subject. The fees for the program is ₹376,000.00 +GST . The last date of application is 15 Feb 2024. The course starts on 8 Mar 2024 and ends on 21 Sep 2024.


5. Indian School of Business (ISB)


ISB's Advanced Management Programme for Healthcare (AMPH) is designed for senior healthcare professionals. The curriculum focuses on developing business acumen, healthcare ecosystem understanding, leadership skills, and ethical decision-making. It equips participants with the knowledge to tackle complex healthcare issues in an ever-evolving sector.


The programme starts in August 2023 and spans several months, divided into residencies and online components.


Costs


The programme fee is ₹13,20,000 plus GST and a refundable security deposit of ₹5,000. It covers admission, tuition, course materials, and boarding during on-campus residencies.


Benefits


Participants benefit from a transformative experience that equips them to become agile healthcare leaders. The programme's rigorous curriculum prepares them for emerging healthcare trends and challenges.


Dates & Deadlines


The programme begins in August 2023, with several residencies held at different locations.


6. NYU Stern- MBA Healthcare


NYU Stern offers a customised healthcare program to equip professionals with the skills needed for this dynamic sector.


Prospective students must possess a four-year undergraduate degree from a recognised U.S. institution or an equivalent international qualification. Proficiency in the English language may necessitate standardized exams such as TOEFL, IELTS, or DET. It's worth noting that NYU Stern has expanded its accepted standardized tests, now including the GMAT and GRE.


7. Yale School of Management


1. Healthcare Management online program - An Executive education program 8 weeks in duration, designed for medical and non medical professionals.


2. YALE EMBA - Healthcare specialisation - Application deadlines Round 1 - 31 October 2023, Round 2 - 29 January 2024, Round 3 - 20 March 2024


3. Yale MBA - Healthcare Specialisation


4. Yale School of Public Health - Master of Public Health Degree - 2 years masters program


Yale University, home to the Yale School of Management (SOM), is renowned as one of the Ivy League institutions and consistently ranks among the top universities in the United States. Yale SOM is recognised for its distinguished faculty and innovative programs.


8. Vanderbilt University- MBA Health Administration


While specific rankings for its healthcare MBA program may vary, Vanderbilt's Owen Graduate School of Management enjoys a strong reputation.


Curriculum Details


Vanderbilt's MBA program with a concentration in healthcare is a comprehensive two-year on-campus program that equips students with the skills and knowledge needed to excel in the healthcare sector. The curriculum blends essential business courses with healthcare-focused studies, enabling students to grasp the intricacies of this dynamic industry. Furthermore, students can personalise their curriculum by choosing concentrations, specialisations, and emphases that align with their career goals.


Duration


The program spans two years, offering a full-time, immersive educational experience.


Eligibility - Including Test Requirements


Applicants should have a bachelor's degree and preferably some experience in the healthcare sector. International students need to provide official English language exam scores. The GMAT or GRE test scores are typically required, although waivers can be granted based on factors such as prior work experience.


Vanderbilt's healthcare MBA program graduates benefit from a strong educational foundation, specialised healthcare knowledge, and a robust alumni network and industry connections. The program's focus on hands-on experience prepares students to tackle real-world challenges in the healthcare sector, making them attractive candidates to employers.


9. Johns Hopkins- MBA Health Management


Rankings


Johns Hopkins University is widely recognised for its contributions to healthcare and related fields. While specific rankings for its healthcare management program may vary, Johns Hopkins maintains a prestigious academic reputation.


Curriculum Details


  • BU.881.702 - Analyzing Health Care Markets (2 Credits): An introduction to economic concepts and terminology for analysing healthcare market dynamics, costs, access, and innovation.

  • BU.881.706 - Health Innovation and Evaluation (2 Credits) (or elective): Focuses on emerging healthcare models, information technology, and innovation valuation and commercialisation.

  • BU.883.702 - Health Technologies and Strategies (2 Credits) (or elective): Explores healthcare information systems, challenges, and solutions, including regulatory aspects and financial implications.

Duration


The program typically spans two years, offering a rigorous educational experience that includes classroom learning and real-world application.


Benefits


Johns Hopkins' healthcare management program graduates benefit from a prestigious education and the university's extensive network in the healthcare field. With a deep understanding of healthcare systems, policies, and management, graduates are well-equipped for leadership positions within the industry. The program's strong emphasis on practical experience ensures students are prepared to tackle real-world healthcare challenges.


10. Carnegie Mellon University- MBA Health Care Policy and Management

Carnegie Mellon University is known for its academic excellence, and while rankings may vary, the university enjoys a strong global reputation.


Carnegie Mellon's healthcare management program graduates gain a solid academic foundation, healthcare expertise, and a network of industry connections. The program's practical approach equips students to address real-world healthcare challenges, making them attractive candidates to healthcare employers.


11. Michigan Ross- MBA Health Management


The Michigan Ross School of Business consistently ranks among the top business schools in the United States.


Michigan Ross offers an MBA Health Management Concentration as part of its Full-Time MBA program. The course involves 12 credits, integrated with 57 credits needed for MBA. It includes healthcare electives, networking opportunities, recruiting support, and healthcare-related projects.


The Full-Time MBA program at Michigan Ross typically spans two years, providing a comprehensive and immersive educational experience.


Graduates of the Healthcare Management Concentration at Michigan Ross gain a strong foundation in business and healthcare, enhancing their leadership opportunities in the healthcare sector. The program also offers various projects and opportunities for real-world experience.


12. UNC Kenan-Flagler- Master of Business Administration


The UNC Kenan-Flagler Business School is renowned for its business programs, including healthcare management.


The curriculum includes a variety of healthcare-related courses, from healthcare analytics to healthcare consulting projects and more. This concentration also benefits from UNC's partnership with the School of Medicine, emphasising medical entrepreneurship and innovation.


For the MBA Health Administration, applicants need a bachelor's degree and should submit transcripts, a resume, essays, and letters of recommendation. The program typically requires GMAT or GRE scores, although waivers may sometimes be granted.


Graduates from the Healthcare Concentration at UNC Kenan-Flagler are well-equipped for leadership roles in the healthcare industry. The program offers a strong focus on problem-solving and leadership skills.


13. McMaster University- MBA Heath Management


While specific rankings for its Health Services Management specialisation of the MBA program may vary, McMaster has a history of being recognised for its quality education and research.


The program is available in various formats, including co-op, part-time, and full-time accelerated options. The duration varies based on your chosen format and prior work experience. Co-op students typically complete two work terms, while part-time students should work full-time in a healthcare management position. Full-time accelerated students need at least one year of prior work experience in the healthcare industry.


Eligibility - Including Test Requirements


Eligibility criteria differ based on the program format. Co-op students are typically enrolled in the co-op program, part-time students should work full-time in a management role in healthcare, and full-time accelerated students need prior healthcare industry experience. No test requirement is mentioned.


Costs

The cost of tuition, accommodation, and a meal plan at McMaster University is approximately CAD 43,000. When comparing this to the United States, the corresponding figure is notably higher, ranging between $65,000 and CAD 70,000, which is over 50 per cent more.


This program includes a Certified Health Executive (CHE) designation. Gaining specialised healthcare management skills and industry knowledge is a unique opportunity.



14. McCombs School of Business - MBA Health Management


McCombs Business School offers a compelling package: esteemed faculty, industry ties, modern curriculum, robust career assistance, diverse peers, vital networking, accomplished alumni, and access to prominent healthcare organisations.



15. Berkeley Haas- MA Health Management


Gain a comprehensive understanding of the challenges in healthcare delivery within the context of the U.S. healthcare system, covering its structure, financing, and key opportunities for industry disruption in this $3.3 trillion sector. This course is relevant for both established firms and life science start-ups.


Berkeley Haas offers a cutting-edge curriculum, diverse applicant pool, holistic admissions approach, and a global network.


In a rapidly evolving healthcare sector, enrolling in an MBA Health Management program at a top university is a strategic move. These MBA courses combine the in-depth understanding of healthcare systems with the versatile management skills acquired through a Master of Business Administration. Graduates of these programs are well-prepared to navigate the intricate challenges of healthcare administration, from optimising service quality and operations management to addressing medico-legal issues and strategic planning. By choosing an MBA Health Administration, individuals position themselves as leaders capable of shaping the future of healthcare and improving the lives of patients and communities.


Planning to apply to a leading MBA program in Healthcare, get a profile evaluation with an expert admissions consultant at GOALisB. Whatsapp at +91 7719497187 or email us at contact@goalisb.com.


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