Master of Business Administration - Healthcare Management

Colorado Technical University's Master of Business Administration (MBA) in Healthcare Management is designed to combine a challenging business administration curriculum with industry-current healthcare concepts and practices. In addition to providing for the utmost in patient care and well-being, healthcare management professionals must also be in tune with compliance and regulatory needs—areas that are in a fluctuating state amidst governmental reform. CTU’s healthcare management concentration aims to respond to the educational and preparatory needs of agency leaders and management teams and has been designed to help students learn skills in management, resource allocation, risk assessment and financing.

Relevant Institutional/Programmatic Accreditation
CTU is institutionally accredited by the Higher Learning Commission www.hlcomission.org
This business degree program at CTU is accredited by the Accreditation Council for Business Schools and Programs (ACBSP)

  • Classes start

  • Total Credits 

    48
  • Program Availbility

    Online | Colorado Springs | Denver

Program Details

Overview
Courses
Related Degrees
Related Degrees
Tuition
Career Paths
  • Overview

    The Master of Business Administration with a Healthcare Management concentration (MBA-HCM) program combines graduate business administration skills with an emphasis on healthcare management. This concentration covers a range of skills relevant to the healthcare environment, including management concepts and processes, resource allocation, risk assessment, and financing. These concepts are applied within the ethical, legal, and policy framework of the healthcare environment.

    MBA Program prepares the student:

    • to know how to manage across various business disciplines
    • to apply business theories, concepts and methods to a current or future position
    • to contribute to the enhancement of the mission and value-proposition of the organization

    MBA-Healthcare Management program competencies:

    • Synthesize ethics, leadership, strategy, critical thinking and reasoning skills in a business environment.
    • Integrate professional applied research in order to validate and justify decision making.
    • Formulate information in order to communicate effectively across the appropriate channels.
    • Utilize appropriate technology to maximize efficiency and effectiveness in order to accomplish organizational goals and objectives.
    • Combine the major functional areas of business administration including the critical skills necessary to solve business problems, individually and collaboratively.
    • Apply sound business principles and practices to the unique field of healthcare.
    • Demonstrate visionary leadership skills by creating innovative solutions.
    • Analyze processes related to change management.
    • Interpret and implement regulations affecting healthcare within ethical constraints.
    Headset icon Contact an Admissions Advisor for additional curriculum information Pages icon View the complete Course Catalog for all required courses
  • Courses

    Degree Requirements
    Courses: Core
    ACCT614 Applied Managerial Accounting

    4

    ECON616 Applied Managerial Economics

    4

    MGMT690 Strategic Management in Dynamic Environments

    4

    HCM640 Applied Healthcare Managerial Finance

    4

    HCM641 Leadership and Ethical Decision-Making in Healthcare

    4

    MGMT600 Applied Managerial Decision-Making

    4

    HRMT620 Strategic Human Capital Management

    4

    MKTG630 Applied Managerial Marketing

    4

    Core Credit Hours: 32
    Courses: Concentration
    HCM612 Managing the Healthcare Organization

    4

    HCM632 Systems in Healthcare

    4

    HCM650 MBA Healthcare Management Capstone

    4

    ELE 600-level Elective

    4

    Concentration Credit Hours: 16
    TOTAL CREDIT HOURS: 48

    MBA Foundation Requirements

    The Masters of Business Administration (MBA) is built upon the expectation that students will enter the program with a solid business background to succeed in some of the core MBA courses. Therefore the MBA requires students to have prior foundational knowledge in all core business disciplines to be successful.

    Students entering in the MBA program without an undergraduate degree in business will be required to successfully complete three MBA preparatory courses (MGMT501, MGMT502, and MGMT503) covering the following areas of business: accounting; economics; finance; marketing; statistics; management; business law; ethics; business policy; business strategy; information technology; operations management; and global leadership.

    If the student can show evidence of a GMAT score of 500 or above or has evidence of significant professional experience in all of the business discipline areas, the preparatory requirements may be waived. Students that can show evidence of successfully completed business law and business ethics courses may have the MGMT501 requirement waived. Students continuing from any of CTU’s non-business bachelor programs are exempt from MGMT501, but must complete the other MBA Foundation Requirements. The preparatory courses are also available to students with an undergraduate business degree who wish to refresh their knowledge in these subject areas.

    MBA preparatory courses must be completed prior to respective MBA required courses that hold MGMT501, MGMT502, or MGMT503 as a prerequisite. Students who do not meet the MBA preparatory requirements will be withdrawn, canceled or transferred from the MBA program. Students are encouraged to work with the Student Advising department if they have questions regarding these preparatory courses, timeframes for completion, or for alternative programs of study as needed.

    ACCT614 Applied Managerial Accounting

    This course focuses on using available accounting information to help managers of the firm make relevant decisions. Examines how the financial information developed for external users forms the basis for the managerial accounting system. Explores costing systems, cost behavior analysis, responsibility accounting and volume-profit relationships.

    Prerequisites

    MGMT502  for MBA program only

    Corequisites

    None

    Credits

    4

    Distribution

    Business
    ×

    ECON616 Applied Managerial Economics

    During this course the student will study the practical aspects of both micro- and macroeconomics and how they are applied to the managerial environment. The students investigate the role of economic principles in management analysis and decision making: the study of demand, cost, and supply concepts from a business viewpoint; and the application of national income measures to strategic planning and the future.

    Prerequisites

    MGMT502  for MBA program only

    Corequisites

    None

    Credits

    4

    Distribution

    Business
    ×

    MGMT690 Strategic Management in Dynamic Environments

    Students will master analytical and integrative tools to perform in-depth analyses of industries, firms, and competitors. Course material includes methods to predict competitive behavior and develop and implement strategic plans to achieve and sustain a competitive profile in the emerging global marketplace.

    Prerequisites

    MGMT503  for MBA program only

    Corequisites

    None

    Credits

    4

    Distribution

    Business
    ×

    HCM640 Applied Healthcare Managerial Finance

    This course emphasizes healthcare management decision making by utilizing healthcare accounting and finance concepts. The following subjects are addressed in the course: financial reports and metrics, financial analysis and planning, financial forecasting, financial markets, financial leverage, working capital management, capital budgeting processes, cost of capital and long term financing. The student will have the opportunity to apply these concepts by completing a financial strategy report and accomplishing a research report summarizing an application of financial analysis from either the academic or professional literature.

    Prerequisites

    None

    Corequisites

    None

    Credits

    4

    Distribution

    Health
    ×

    HCM641 Leadership and Ethical Decision-Making in Healthcare

    This course will review and analyze first, leadership versus managerial theory, second, examine societal expectations for ethical behavior, and finally how regulatory scrutiny affects both leaders and managers in a healthcare organizational setting. This course will differentiate among decision problems and ethical decision-making processes in the healthcare setting. Students will also have the opportunity to examine a variety of complex ethical issues confronting healthcare industry professionals as they work with various stakeholders of a healthcare organization.

    Prerequisites

    None

    Corequisites

    None

    Credits

    4

    Distribution

    Health
    ×

    MGMT600 Applied Managerial Decision-Making

    This course emphasizes the practical application of descriptive and inferential statistics to decisions made in a managerial role. The following subjects are addressed in the course: data summarization and presentation, data analysis, test of hypotheses, discrete and continuous distributions, estimation theory, simple and multiple correlation and regression, analysis of variance, multivariate statistics and non parametric methods. The student will apply the knowledge learned by completing a data aggregation and reduction exercise report and by accomplishing a research report summarizing an application of applied statistics from either the academic or professional literature.

    Prerequisites

    MGMT502  for MBA program only

    Corequisites

    None

    Credits

    4

    Distribution

    Business
    ×

    HRMT620 Strategic Human Capital Management

    Human capital management creates a paradigm to strategically look at people as the most valuable asset. This course provides a framework for students to integrate human capital management as part of the overall business strategy. By understanding, evaluating and integrating the human capital management model, the student will also be able to apply these approaches both domestically and globally.

    Prerequisites

    MGMT503  for MBA program only

    Corequisites

    None

    Credits

    4

    Distribution

    Business
    ×

    MKTG630 Applied Managerial Marketing

    This course emphasizes the application of marketing concepts, tools and decision-making processes middle managers use in developing marketing plans, programs and strategies. Within the marketing strategy framework, it also examines market analysis and measurement, profitability and productivity analysis, product development, promotion and pricing strategies, the logistics systems approach and the marketing plan. The student will apply the knowledge learned by structuring and presenting to the class a practical strategic marketing plan.

    Prerequisites

    MGMT503  for MBA program only

    Corequisites

    None

    Credits

    4

    Distribution

    Business
    ×

    HCM612 Managing the Healthcare Organization

    This course provides a general orientation to management practices in the healthcare field. The focus is on applying essential management concepts and processes to the unique social, physical and emotional environments of healthcare organizations.

    Prerequisites

    None

    Corequisites

    None

    Credits

    4

    Distribution

    Health
    ×

    HCM632 Systems in Healthcare

    This course studies healthcare systems and the delivery of healthcare. In addition, factors such as access, population health and health policies will be examined to assess their influence on healthcare systems.

    Prerequisites

    None

    Corequisites

    None

    Credits

    4

    Distribution

    Health
    ×

    HCM650 MBA Healthcare Management Capstone

    The Healthcare Management Capstone uses the functional skills students have developed in previous core and concentration courses in this program – including healthcare, business management, and business administration - to complete an in-depth project. The course requires the student to perform comprehensive research, analysis, and study on either a desired area of interest or a major business problem or issue that impacts the student’s own company or organization. The student will utilize research methodologies to prepare a formal research report.

    Prerequisites

    None

    Corequisites

    None

    Credits

    4

    Distribution

    Health
    ×
  • Related Degrees

  • Related Degrees

  • Tuition

    $28,080 Tuition (when offered 100% online)

    We understand that paying for your education is an investment in your future. To make it easy to understand, CTU includes the cost of all books in our published tuition for all of our online degrees.*

    See an admissions advisor for tuition when offered on campus.

    Cost of this degree may be reduced based on one or more of the following:

    *Fees not included in the published tuition rate. Visit our tuition resources page for links to full tuition, books and fees.
    **Financial aid available for those who qualify

    Headset icon Contact an Admissions Advisor for additional information
  • Career Paths

    If you want to achieve more in your career, you have to own every opportunity— starting with the right MBA degree. Potential career paths for those who earn a MBA in Healthcare Management include: 2

    • General Manager
    • Regional Director
    • Business Analyst
    • Business Development Manager
    • Program Manager
    • Administrative Director
    • Director of Sales
    Headset icon Request more information now

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1Students may be required to complete some or all coursework for the program via Virtual Campus delivery.

2http://burning-glass.com/job-market-data/; The career titles are provided by Burning Glass. These results are based upon an analysis of over 7 million current job listings compiled from over 17,000 sources – the world’s most comprehensive repository of job openings. Students who earn this degree should not view this list as exhaustive and are not limited to only these options post-graduation. Some career titles listed above may not be entry-level and may require further education or job experience.

3 Alumni Survey - 2012 CTU Alumni Career Progression Research: Survey of CTU alumni who graduated in designated years between 2002 and 2011.

4 Employer Survey -2012 CTU Employer Experience Research: Survey of CTU alumni who graduated in designated years between 2002 and 2011.

5 Employer Survey -2011 CTU Employer Experience Research: Survey of 2010 CTU graduates.

6 Employer Survey - 2012 CTU Employer Experience Research: Survey of 2011 CTU graduates

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