MBA-Healthcare
36
Credit Hours
21
Month Completion
Class Type
Next Start Date
Jan 2, 2023
Placement Tests
GMAT/GRE not required for admission

Respond to rapid and continuous change with an MBA for healthcare professionals

Policy changes, mergers and acquisitions, and technological advancements within the healthcare industry necessitate innovative approaches to operations, financial management and patient care outcomes. Successful navigation of uncharted territories has perpetuated a need for highly skilled practitioners with a comprehensive view of the industry landscape. The MBA with a Specialization in Healthcare emphasizes essential business skills within a healthcare context to ensure healthcare products and services are delivered effectively and efficiently. 

Program Availability

On Site

Finish in 21 Months

Maximize the benefit of flexible 12-week courses.
 

100% Online Coursework

Balance earning your degree with other work-life commitments.

No GRE/GMAT Required

Bypass expensive, time consuming tests and get started sooner.

Chart Your Path

No cohorts or pre-requisites let you plot your course schedule.

Achieve Balance

Earn your degree by taking one class at a time. 

Make Connections

Network with MDs and healthcare administrators. 

Get an Edge

Identify business opportunities through a healthcare lens.

MBA with a Specialization in Healthcare Degree Overview

Take a business-focused approach to emerging healthcare trends, policies and procedures

A popular choice for busy medical school students and ambitious professionals from leading healthcare organizations, Franklin’s MBA with a Specialization in Healthcare (MBA-Healthcare) incorporates contemporary healthcare industry-related topics like telehealth (digital health) and artificial intelligence into course assignments to help you acquire foundational business knowledge to guide day-to-day decision making from a healthcare administration perspective.  

The MBA-Healthcare provides a solid foundation in leadership, accounting, finance, marketing, human resources, operations and economics that will enable you to apply your existing health-related skills at a higher level. The degree is a great fit whether you are an aspiring physician with the goal of setting up your own healthcare practice, or you are currently working in a clinical healthcare setting or an ancillary industry such medical testing/research, pharmaceuticals, medical supply logistics, managed care or insurance. 

Master business concepts with hands-on coursework  

Throughout the nine-course program you’ll explore foundational areas of business through the healthcare lens to become a well-rounded professional with the skills and insight necessary to address the most-pressing issues facing the industry. 

Hands-on coursework will further develop your quantitative skills for practical application. Managerial economics focuses on analysis of datasets to strengthen your ability to determine the significance of variable factors. Managerial accounting and finance courses familiarize you with common financial documents like income statements, cash flow statements, annual reports and balance sheets.  

You’ll also utilize journal articles to investigate different forecasting methods, more advanced quantitative methods and other tools used for management so that you will be able to accurately assess the capital adequacy, solvency issues and cash flow requirements for a healthcare operation.

CapSim, simulation software integrated into the business strategy course, provides an opportunity to gain hands on experience in running a company as a member of a senior management team. As part of a team, you’ll be required to evaluate situations and make decisions, evaluate outcomes and compete with other management teams for resources, opportunities and markets. This exercise illustrates how a firm’s production, marketing, R&D and financial operations interact. You’ll walk away with an understanding of how of key decisions impact business performance within a competitive market. 

Balance your Healthcare MBA with your life   

Earn your Healthcare MBA by completing nine 12-week classes in as few as 21 months by taking two classes per term. Unlike cohort-based programs that lock you in to a pre-determined schedule, you can select courses in any order other than the introductory course and the capstone, which must be taken last. In addition, the introductory course is offered every term, so you can start the program at the best time for you.

To accommodate the needs of most students, who work or attend medical school full time, our convenient staggered course schedule gives you the freedom to complete the 100% online program at your own pace by taking one or two courses each term. 

If you desire to complete the program in less than 21 months, there are also 6-week equivalents of every class that enable you to accelerate your completion time.  

Learn and thrive in a community of learners who share your goals

At Franklin, you’ll not only get the essential business tools necessary to improve the delivery of healthcare products and services, you’ll benefit from a learning community designed with you in mind.  

Chaired by an MD-MBA who also teaches full time in the program, the online MBA Healthcare program is structured to provide a 360-degree learning environment that keeps you engaged. Case studies, simulations, discussion boards and input from faculty, as well as the other students in your online classroom, add depth to the course material. Individualized attention from faculty members, who are in-field practitioners, will drive you to succeed and provide you with a competitive advantage. Interaction with other students in the program, many of whom are currently attending medical school or working in the healthcare industry, increase your knowledge and extend your professional network. 

Moreover, you are encouraged to take advantage of student membership options in professional associations such as the American College of Healthcare Executives or the Healthcare Financial Management Association. These organizations provide opportunities for continuing education, professional networking and career advancement in healthcare administration. 

Read more >

Your Best Value MBA-Healthcare

Choose Franklin's MBA with a Specialization in Healthcare and get a high-quality degree that fits your life and your budget. 

Affordable Tuition

$24,120
TOTAL PROGRAM TUITION

Get ahead without going broke. 

Finish at Your Pace

21 Months to Complete

Balance your education with your life.

Tuition Guarantee

Inflation-proof your degree cost by locking-in your tuition rate from day one through graduation.

Highly Recommended

97%
STUDENT SATISFACTION

97% of graduating students would recommend Franklin to their family, friends and/or colleagues.

Source: Franklin University, Office of Career Development Student Satisfaction Survey (Fall 2021)

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Healthcare MBA Courses & Curriculum

36 Semester Hours
Major Area Required
MHC 707 - MBA Essentials Health Care (4)

This course prepares and orients students for the MBA with Healthcare Specialization Program. The Program had eliminated the course prerequisites in business and uses this course to provide the basics of economics, finance, accounting, in addition to the general business essentials to be a successful student in the program. The course also provides the academic expectations for students and guidance for professional conduct.

MHC 741 - Healthcare Strategic Management (4)

This course integrates prior studies and exposes future managers to the challenge of creating and sustaining competitive advantage within the health care marketplace, while maintaining sufficient profitability. Through extensive case studies students must utilize accumulated knowledge from their entire MBA with Healthcare Specialization program in order to successfully master the challenges presented in health care industry.

HCM 733 - Finance and Managerial Accounting in Healthcare Organizations (4)

The purpose of this course is to provide students with the fundamental concepts and calculations associated with financial accounting and managerial accounting within a healthcare organization. Students will study the foundational aspects of financial accounting with a primary focus on financial statements and the uses of the information in these statements. Students will also study the functional aspects of managerial accounting to include cost behavior, cost allocation, pricing, planning, budgeting, profit analysis, and performance evaluation. Application of these concepts will include analysis of case studies.

HCM 735 - Healthcare Delivery Systems (4)

The course provides an extensive overview of leadership in the U.S. health services system. The focus of the course will be on the role health services leadership plays in the delivery of healthcare services, to include managing with professionals, financial management, services utilization, and other aspects of the U.S. healthcare system. The student will explore the key theoretical and practical elements of leadership as well as current issues clarifying how the U.S. health services system is organized, managed, and financed.

ECON 723 - Managerial Economics (4)

This course surveys the fundamental concepts and methods of economic analysis for managers. Real-world decision making is emphasized. Application of key economic concepts such as market demand, market supply, market equilibrium, marginal analysis, production, costs, revenue, profit, and market structure constitute the core material of the course.

OSCM 731 - Operations Management (4)

In today's business environment, the success of organizations depends on the effective and efficient management of operations. Methods to select, plan, and improve organizational processes will be examined. The application of optimal capacity decisions in supply chains, development production, and inventory plans and schedules will be performed. The student will learn quality management and improvement process to increase the efficiency of a process.

HRM 713 - Human Resource Management (4)

Organizations are composed of groups of people who work together to achieve defined outcomes. Experience has proven time and again that the key factor which differentiates successful companies from those who struggle to survive is people who make up the employee base. While the human resources function is given the specific task of planning for and resolving many employee-related issues and needs, individual managers have direct responsibility and accountability for motivating and leading employees to achieve sustained organizational success. The purpose of this course is to provide students with the knowledge and skills needed to work effectively with human resources to enhance the contributions of all employees to organizational effectiveness. Students will learn about the elements which drive business success, theories of motivation, and methods for creating a plan for maximizing the human capital of an organization.

MKTG 721 - Marketing Management (4)

In today's business world, success can often be attributed more to the genius of a company's marketing efforts than to the genius of its products or services. A clear understanding of the importance of marketing, as well as a grasp of effective marketing practices, is essential for anyone who wishes to achieve a position of leadership. You will gain a working knowledge of both marketing theory and the practical application of innovative marketing strategies. You will come to understand how product, price, place, and promotion contribute to the marketing mix as you explore research-based insights into consumer behavior. As your final course assignment, you will prepare and present a marketing plan of your own.

FINA 737 - Corporate Finance (4)

Financial decisions made at the higher levels of a business organization can have far-reaching effects. Intended to achieve firm operating goals and create shareholder value, they must be made judiciously, with a thorough understanding of all the factors involved. In this course, you will learn to apply the analytical techniques required for developing effective and workable financial solutions at the executive level. You will gain an overall understanding of the workings of the U.S. financial system. In addition, you will study the concepts of financial risk, return, and the valuation of bonds, common and preferred stock, cost of capital, capital budgeting, capital structure, and the evaluation of investment opportunities.

Microcredentials Align with Job Essentials

In today’s dynamic work environments, adaptive professionals thrive. A microcredential - either as a stand-alone course or integrated into your degree program - is a short, skill-specific recognition that enables you to demonstrate your competency in a distinct area. Like Franklin’s degree programs, microcredentials are aligned with market and industry demand to ensure what you learn can be put to use right away. Microcredentials are easily shared via digital badges and can be stacked to create a unique portfolio of in-demand skills.

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Healthcare MBA Costs, Requirements & More

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Healthcare MBA Career Opportunities

Pharmacy/ Laboratory Operations Vice President

Operations vice presidents are responsible for ensuring efficiency of business operations while providing input for strategic decisions such as setting operational staffing levels in advance of new business and evolving technology. 

Health Services Director

Health services directors make business decisions and handle strategic planning while ensuring that the goals of the practitioners and the facility remain aligned with patient care standards and budget limitations.

Medical Director

Medical directors are physicians who lead the clinical staff in their use of medicine by establishing guidelines and evaluating results.  

Behavioral Health Executive

Behavior health executives create standards and guidelines relating to the treatment of patients with emotional, mental or psychological disorders. 

Clinical Director

Clinical directors oversee daily operations and employees in dental, mental health, surgical or pediatric facilities. 

Find the Healthcare Program That Fits Your Goals

If you’re interested advancing your healthcare career, Franklin has several great options. The best fit for you depends on your interests and goals. Compare programs and identify your perfect match.

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MBA with a Specialization in Healthcare
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Master of Healthcare Administration (MHA)

Focus:
Gain business principles with a focus on healthcare that will enable you to ensure that healthcare products and services are delivered effectively and efficiently. 

Skills:
Build qualitative skills to guide decisions related to the daily management of operations, supply chain and finance. 

Careers:
Use your MBA-Healthcare to successfully launch your own practice or manage administrative functions in a clinical healthcare setting or an ancillary industry.

How many courses are in the program?
Nine 12-week classes

How quickly can I complete the program?
21 months

Learn More >

Focus:
Grow your leadership and management skills in healthcare administration in order to build high performing teams and improve the effectiveness and efficiency of programs and services.  

Skills:
Deepen your understanding of health policy, risk management, as well as ever-changing legal, ethical and compliance issues. 

Careers:
Use your MHA to ensure public and private healthcare systems, hospitals and government/nonprofit organization are effectively serving individuals and communities.

How many courses are in the program?
Nine 6-week classes

How quickly can I complete the program?
14 months

Learn More >

Healthcare MBA Degree Frequently Asked Questions

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