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What is an MBA in healthcare management?

Jun, 28, 2022 Hi-network.com
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A healthcare management MBA concentrates on preparing graduates to become healthcare leaders in administration, financial management, and project management. 

This guide can help you decide if earning a healthcare management master of business administration is the right choice for you. It contains insights into program formats, coursework, costs of earning your degree, and skills you'll learn. 

You'll also find a checklist of what to look for in a healthcare management MBA and return-on-investment figures.

What is a healthcare management MBA?

When asking "What MBA should I get?" it helps to research different MBA concentrations. An MBA emphasizes general management knowledge, but MBA concentrations focus on careers in particular industries. 

Healthcare management MBAs can lead to positions as hospital administrators, health information managers, medical practice managers, and project management specialists.

Healthcare management MBAs are offered as in-person and online programs. Online study offers scheduling flexibility. Interaction with classmates and instructions is virtual rather than face-to-face.

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Who is a good fit for a healthcare management MBA program?

It depends on the program structure and course delivery method.

Many MBA programs suggest students have two years of prior work experience. Others just require a bachelor's degree.

Online and on-campus weekend/evening programs enable enrollees to continue working. Part-time study can add time to a degree. Still, it might be a good fit if you have work or life responsibilities to maintain while studying.

Some specialty MBA programs, such as healthcare management, can be completed in as little as 12 months. Those may suit you if you can study full-time and want to enter the workforce soon.

Online instruction may take place synchronously, requiring students to log on at set times, asynchronously on their own schedules, or via a hybrid format. On-campus two- to three-day residencies are not uncommon, even for asynchronous programs. 

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