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Master of Business Administration

Healthcare

Alvah H. Chapman Graduate School of Business

Overview

In life, all great leaps begin with one small step. Take your first step toward increased marketability in the healthcare industry with an MBA in Healthcare Management from FIU Online. This program is fast-paced and stimulating, enabling you to earn your Healthcare MBA in just 18 months.

Designed for the working professional with a minimum of four years of relevant professional/managerial work experience, the online Healthcare MBA is transformative. Graduates will emerge with a broader perspective of the healthcare industry and a clearer vision of how to manage and lead collaboratively. The program is lock-step, cohort-based, and incorporates extensive case study/group project work as a means of strengthening students’ team building and communication skills.  

Take the next step.

Your FIU Online experience is a shared one, with guidance and feedback from world-class faculty, and innovative, collaborative technology that is accessible anywhere.

Our online MBA in Healthcare Management program blends strong healthcare specific knowledge with strategic and analytic management skills to prepare you to lead confidently. In today’s challenging healthcare landscape, there has never been a more urgent need for "big picture" vision. This is your opportunity to be a leader in the healthcare industry.

Why Apply?

FIU's Alvah H. Chapman Graduate School of Business is AACSB-accredited. AACSB-accredited schools have the highest quality faculty, relevant and challenging curriculum, and provide educational and career opportunities that are not found at other business schools. Find out more about AACSB accreditation.

Students enrolled in graduate programs through the Alvah H. Chapman Graduate School of Business, and alumni, have access to Career Management Services. Self-assessment tools that enhance continuing development, evaluation and implementation of your personal career plans, individual student advising, résumé referrals, and much more are offered.

Degree Objectives

The fast-track MBA in Healthcare Management can be completed in just 18 months, with courses delivered fully online. Students interact with world-class faculty and senior healthcare executives to build a powerful network of healthcare industry connections. Upon completion of the program, you should be able to independently:

  • Evaluate the financial position of health services organizations through the examination of balance sheets, cash flow statements and budgets.
  • Use team building and collaborative behaviors to accomplish group tasks.
  • Recognize and analyze ethical problems.
  • Choose and defend resolutions for situations that occur within the healthcare industry.
  • Critically analyze complex business issues and recommend sound solutions, in local and global environments.
  • Demonstrate IT competency as an enabler of business strategies in all functional areas.
  • Make decisions that meet expectations and requirements of an organization’s stakeholders.

Industry Statistics

As the large baby-boom population ages and people remain active later in life, the healthcare industry will see an increase in the demand for medical services, including nursing care facility administrators and managers to organize and manage medical information. As a result, the healthcare industry will create 5.6 million more jobs by 2020, and more than 80 percent of the new jobs will require a graduate degree (Huffington Post, June 2012). In 2010, the median annual wage of medical and health services managers was $84,270, and employment for these managers is expected to grow by 22 percent from 2010 to 2020 (Occupational Handbook, Bureau of Labor Statistics).

Courses

In preparation for the program, you will be required to complete two online modules. 

Online Foundations

This educational module introduces students to the historical development, structure, operation, and current and future directions of the major components of the American healthcare delivery system. It reviews the historical evolution of the healthcare system's features and examines the ways in which healthcare services are organized and delivered, the influences that affect healthcare public policy decisions, factors that determine priorities for the allocation of healthcare resources, and the relationship of healthcare costs to measurable benefits. It allows the student sufficient time prior to the start of classes to explore the Learning Management System (LMS) and to gain competence in it use.

Online Write-To-Learn PART 1

The Write-to-Learn (W2L): Building Critical Thinking Skills program is designed to enhance the critical thinking and writing skills of graduate students enrolled in FIU's College of Business. To accomplish this, students work closely with the writing coach throughout their program of study. Students demonstrate mastery of the different patterns of organization, author's point of view and purpose, and intended audience. In addition, they improve their writing skills through individualized assistance while using the conventions of standard written English in all assignments. Students also revise drafts as an essential step of the writing process and learn to use APA publication style conventions.

Program Curriculum

The online program curriculum consists of high-level graduate business and healthcare courses specially designed for management professionals. The program is designed for the convenience of the student and at the same time fosters learning at an accelerated rate using a cohort-based model. The program requires online modules due before the program starts (Write-to-Learn PART 1 and Online Foundations), core courses, and three residencies. It is delivered in an 8-week format and students take two courses at a time.

Accounting for Managers ACG 6026
This course is a presentation of the nature, techniques and uses of accounting from the perspective of people who manage health services organizations. It covers both financial and management accounting.

Corporate Finance FIN 6406
In-depth examination of asset, liability and capital structure management, with emphasis on valuation capital budgeting techniques; risk evaluation; working capital management and methods of short-term, intermediate and long-term financing.
Prerequisite: ACG 6026 or equivalent.

Economic and Decision Analysis in Health Services HSA 6156
Using economics as a tool, this course analyzes specific world-wide healthcare problems and functioning of global healthcare markets.
Prerequisite: HSA6176 and MAN6095.

Financial Reporting and Analysis ACG 6175
This course uses a comprehensive treatment of analysis of health services organizations’ financial statements as aid for decision-making; looks at current state of financial reporting practices and impact of published statements on economic systems.
Prerequisite: ACG 6026 and FIN 6406.

Financing & Reimbursement of Health Systems HSA 6176
In this course financing models for health delivery systems are examined. Reimbursement strategy of Medicare, Medicaid, and other third party payers are analyzed.
Prerequisite: MAN 6095.

Health Policy and Economics HSA 6155
This course examines the impact of government, private sector and interest groups on priority setting in global health policymaking and national health strategies using basic economics principles.
Prerequisites: MAN 6095, HSA 6176 and HSA 6156.

Legal Environment of Business BUL 6810
This course studies the importance of law and legal institutions on commerce workings of administrative law, various aspects of employment legislation and other areas of the healthcare environment.

Management of Healthcare Organizations in the 21st Century MAN 6095
This course explores the use of evidence-based management for effective planning and decision-making by today’s healthcare managers. Topics include management concepts and theories as they apply to emerging issues in the healthcare industry and the use of data to improve organizational decision-making. 

Marketing Management in Global Environment MAR 6805
This course is the analysis and application of theory and problem solving for marketing management in the healthcare environment. Emphasis will be on the role of marketing in an organization; including planning, management, control and evaluation of marketing efforts.

Master’s Project in Management MAN 6974
Each student will conduct a research project on a specific healthcare management problem in a community or institutional setting. Students are expected to demonstrate the application of the theories, concepts and skills acquired during the didactic portion of their graduate healthcare management education.

Operations Management MAN 6501
This course covers analysis, design and operations organizational systems. The system approach is used to provide a framework or general model of analysis, to which specific concepts, quantitative techniques and tools can be related.

Organizational Behavior MAN 6245
This course examines individual, interpersonal and small group behavior in healthcare organizations. Focus is on behavior, its causes and management interventions to improve organizational effectiveness. Research methods to study organizational behavior are used.

Organization Information Systems MAN 6830
This course provides an introduction to information systems and their role in health services organizations from a user's viewpoint; includes surveys and reviews applications of the basic concepts necessary for understanding information systems.

Strategic Management MAN 6726
The use of cases, guest lectures and gaming to integrate the analysis and measurement tools, the functional areas and health policy issues. The objective is to develop skill in broad area of rational decision-making in an administrative context of uncertainty.

Three mandatory, non-credit residencies (120 hours) are required to graduate. 

Residency Information 

Part of what sets FIU's online Healthcare MBA apart from other online programs is that it incorporates three residencies, which add critical educational and networking opportunities for students to interact with classmates, alumni, faculty, and industry professionals. Students are responsible for their personal transportation expenses; however, all other costs (lodging, meals, registrations) related to these residencies are covered by the program. Students are required to complete 120 hours of residency as follows: 

  • Residency 1: Orientation and Professional Development Seminar in Miami, FL (Wednesday, August 6, 2014 through Saturday, August 9, 2014)
  • Residency 2: Date and place TBA
  • Residency 3: Program Conclusion (master's project presentation, panel discussions with senior healthcare executives, graduation), held in Miami, FL

In preparation for the program, you will also be required to complete two fully online modules. 

  • Online Foundations (July 14 - August 16)
  • Online Write-to-Learn PART 1 (July 14 - August 16)

Requirements

To ensure every student’s success, we have certain admissions requirements for each of our programs. To help you through the application process, our enrollment advisors are here to answer your questions and guide you every step of the way.

Admissions Requirements

  • Four or more years of professional work experience. Professional experience is determined on a case-by-case basis using a resume and any requested supporting documents. Our admissions committee evaluates an individual's accomplishments, roles, and responsibilities to determine the total number of years of professional experience. FIU considers the individual's managerial responsibilities, role in setting direction and strategy, and his/her role in allocating resources. Normally, professional experience begins at the point of graduation; however, FIU may consider prior work experience based on the type of experience.
  • Four-year US bachelor degree or equivalent from an accredited institution
  • Undergraduate grade point average (GPA) of 3.0 or higher for the last 60 hours of upper division coursework
  • Although the GMAT or GRE is not required for this program, you may be asked to take it to strengthen your admissions package.
  • Good standing with all previously-attended colleges and universities. 

Please note that meeting the minimum requirements does not guarantee admission to the online Healthcare MBA program.

For application inquiries, contact us: 
Phone: 305.348.3125 or 1-(855)-FIU-Online
E-mail: hcmbaol@fiu.edu

International Students
  • The TOEFL, a comprehensive test of English language proficiency skills, is required of all applicants whose primary language is not English and did not graduate from an English-speaking university. If you earned a bachelor degree in a country whose official language is not English, you must demonstrate English language proficiency by earning a passing score on the Test of English as a Foreign Language (TOEFL) or the International English Language Testing System (IELTS). View a list of TOEFL/IELTS-exempt countries.
  • If you are an international student living outside the U.S., you do not need an F-1 student visa to complete the program. However, you will be required to attend the three residencies in Miami, FL. Each residency is 3-4 days long.

Admissions Documents

The following must be submitted:

  • Online master's programs application ($30). Be sure to select Professional MBA with concentration Healthcare Management Online.
  • Official transcripts from all previously attended universities. A copy of the diploma is needed if the degree is not posted on the transcript. 
  • Current and detailed résumé.
  • Statement of Purpose describing your professional goals and reasons for pursuing this degree at FIU (at least 500 words in length).
  • Two letters of professional recommendations.
  • Florida residents: copies of two (2) documents confirming that you have maintained residence in Florida for the past 12 months.

Once a candidate is accepted into FIU's online Healthcare MBA program, he or she will be required to submit a non-refundable $750 residency fee, which will be applied toward the total program cost. 

International Students
  • TOEFL / IELTS Scores: If you earned your bachelor's degree in a country whose official language is not English, you must demonstrate English proficiency by taking the TOEFL or IELTS. TOEFL required minimum score: 550 (paper-based exam), 213 (computer-based), or 80 (internet-based). IELTS required minimum score: 6.5. When requesting official scores, please refer to FIU Institution code 5206. TOEFL / IELTS scores are valid for two years.
  • Official transcript translation: If official transcripts are not in English, a second copy of the transcript must be requested for translation by an official translation agency. Both the official translation, as well as the original transcripts, must be submitted to FIU.

Unofficial supporting documents may be uploaded within the online application or submitted to your dedicated Applications Enrollment Advisor. 

Official transcripts/translations must be submitted directly by the respective institution(s) in electronic format or mailed in a sealed institution envelope to: 
FIU Online
Florida International University
6303 Blue Lagoon Drive 
Suite 350
Miami, FL 33126

Tuition & Aid

Tuition Information

Pursuing your graduate degree is one of the best investments you can make – one that will open doors to personal and professional opportunities. Our tuition costs represent some of the best value in higher education, and we also offer financial aid support to help you reach your goals.

The total cost of the online Healthcare MBA program is $59,892 for Florida residents and non-Florida residents.

Students pay for courses at the beginning of each semester. Every semester has two 8-week terms and during every 8-week term students complete two courses. Students pay for a total of four courses at the beginning of each semester. Each course costs $4,278. Please note, tuition and fee amounts vary by term and all amounts stated are subject to change.

Included within the tuition cost are the following benefits:

  • All books and required supplementary course materials
  • Memberships to select  professional associations
  • Registration to varied professional and networking events

Read more about financial aid options for this program. 

Top Faculty

Min Chen

Min Chen

Dr. Chen is an applied microeconomist whose research interests include the industrial organization of healthcare markets, the impact of public interventions on product cost and quality, and market microstructure.

Jean Gordon

Jean Gordon

Dr. Gordon holds a doctorate in business administration and a master’s in nursing. She has published extensively in the areas of human resource management, talent strategy for retention and knowledge management.  

@ A Glance


42Credits Required

$59,892
Tuition
  • 18-month program
  • Online with three residency requirements
  • Intense Curriculum

Florida International University’s College of Business is accredited by The Association to Advance Collegiate Schools of Business (AACSB International). AACSB accreditation represents the highest standard of achievement for business schools worldwide

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