Projections by the U.S. Bureau of Labor statistics indicate that the number of jobs for health and medical services managers will grow by 16 percent through 2018. This is a rate that is better than the average rate for all other professions. A master of business administration (MBA) degree from at top MBA program with a healthcare emphasis can give you a leg up in this job market.
University of Michigan
U.S. News & World Report last ranked the top MBA healthcare programs in the United States in 2007. The leading institution in their rankings was the University of Michigan at Ann Arbor. Michigan is generally considered to be one of the top academic universities in the nation. It also has a well-established business school, nursing school and medical school; it should come as no surprise that Michigan is one of the leaders in producing top healthcare administrators. The healthcare option at Michigan comes via the pursuit of the the MBA and a second degree in public health. Michigan offers of 20 of these different joint-degree options and the requirements for most of the programs are basically the same, with the curriculum varying by degree. The program generally takes about three years to complete as students work for one year each in both the MBA program and the Master of Health Services Administration, while taking courses from both programs during the third year. A Master of Public Health degree is another possibility for those pursuing a second degree along with the MBA. Students must be accepted to both schools separately in order to pursue these options.
University of Michigan--Ann Arbor School of Public Health 109 Observatory St. Ann Arbor, MI 48109 734-763-9900 sph.umich.edu/hmp/
University of Minnesota
Second to the program at Michigan, the University of Minnesota's School of Public Health offers a Master of Healthcare Administration (MHA) degree as part of a joint degree program to be pursued in conjunction with the business school's MBA. Like the program at Michigan, the Minnesota program requires separate applications for both programs. The MHA degree is offered as a full-time program that requires 60 credit hours. Students take courses in human resource management, health and health systems, health finance and operations research and quality in healthcare, among others. The MBA program requires courses in financial accounting, strategic management and marketing, among many others. Both degrees can be completed in the three year time frame.
University of Minnesota--Twin Cities School of Public Health 420 Delaware St. SE Minneapolis, MN 55455 612-624-6151 hpm.umn.edu/mha/
University of North Carolina
The third highest rated program in healthcare and business administration on the U.S. News & World Report rankings list in 2007 was the University of North Carolina at Chapel Hill (UNC). UNC, like Michigan and Minnesota, offers its program as part of a joint-degree effort between the business school and the school of public health. Students must apply and be accepted to both programs separately as well. The MBA program offers concentrations in corporate finance, sustainable enterprise, marketing, management consulting and several other areas. The MHA program is a 60 credit hour program that requires courses in statistical methods, environmental problems, epidemiology, health economics for healthcare policy, leadership and management of healthcare organization, along with several other areas of study.
University of North Carolina--Chapel Hill Department of Health Policy and Administration CB 7411 Chapel Hill, NC 27599 919-966-7355 sph.unc.edu
Jared Lewis is a professor of history, philosophy and the humanities. He has taught various courses in these fields since 2001. A former licensed financial adviser, he now works as a writer and has published numerous articles on education and business. He holds a bachelor's degree in history, a master's degree in theology and has completed doctoral work in American history.