MBA Healthcare Administration
Professionals that have finished an MBA in healthcare administration program have been trained in the business and management side of the medical care industry. Their education can be used in doctor’s offices, metropolitan hospitals, small clinics, and at insurance companies across the nation. Many online colleges and universities offer MBA in healthcare administration degrees. Find out more about an MBA programs that could prepare you for a career in the administration side of the nation’s medical industry.
Basic Requirements for MBA in Healthcare Administration
The basic requirement for entering a MBA in Healthcare Administration program is a bachelor’s degree and professional experience in the healthcare industry in an administrative supervisory capacity or in mid-level management. Some school will remove this requirement; however, students must enroll in work experience programs like internships or fellowships prior to graduation.
Coursework for an MBA in Healthcare Administration
The MBA in Health Administration is a postgraduate degree awarded to those that finish the coursework, requirements, and exhibit competencies needed for a successful career in the management of hospitals and a variety of medical care organizations and entities. Course requirements for MBA in Healthcare Administration usually cover the following areas,
- Medical care economics
- Organizational behavior
- Management of Medical care facilities
- Medical care marketing
- Human resource management
- Information systems management
- Operations management
- Analyzing Statistics
- Management of financial assets
- Strategic formation and implementation
Job Prospects for Professionals with MBA in Healthcare Administration
Government sources report that the medical care industry as a whole represents a field that has demonstrated phenomenal growth in the past decade and this trend does not seem to be slowing down. In fact, it only appears to be gaining pace. Healthcare administrators will see an expansion of nearly 20 percent in jobs during the coming decade.
Median Salary of Healthcare Administration Manager
Salary expectations for MBA in Healthcare Administration degree holders are well above the national average. The bottom percentage of Management Level Healthcare
Administrators is almost $65,000, while the top ten percent earn well over $135,000 per year. These statistics reflect information gathered in the last decade.
Comparison of Online MBA Degrees and Traditional MBA Degrees
Online degree programs that are accredited are generally accepted in the business world and in the medical industries. With this being the case, they hold a distinct advantage over traditional degree programs due to their flexibility and convenience. They also hold an economic advantage due to the affordability of online degree programs. If you would like to benefit from the online degree, look for MBA in Healthcare Administration offered by accredited and reputable colleges and universities today.