Health Care Administration Concentration
|1. Principles of Managerial Accounting|
|2. Principles of Financial Accounting||5. Principles of Marketing|
|3. Principles of Finance||6. Principles of Microeconomics|
|4. Principles of Management||7. Statistics for Business|
MBA Core Courses (24 credit hours):
BUSI 550: Quantitative Methods for Management (pre-requisite of UG Statistics for Business)
BUSI 560: Managerial Economics (pre-requisite of UG Principles of Microeconomics)
BUSI 610: Management Accounting (pre-requisite of UG Principles of Accounting)
BUSI 620: Financial Management & Policy (pre-requisite of UG Principles of Finance)
BUSI 631: Management Theory & Leadership in Organizations (pre-rec UG Principles of Management)
BUSI 641: Marketing Management & Research (pre-requisite of UG Principles of Marketing)
BUSI 700: Business Strategy (capstone – focused case in concentration area)
MBA Elective (preferably Internship in Health Care Administration)
Total of core = 24 credits
Total of concentration = 12 credits
Total for degree = 36 credits
MSN Health-Care Administration Courses (each 3 cr hrs):
NURS 530: Ethics of Healthcare. A survey of key concepts in moral and political philosophy with an emphasis on their application to issues in health care ethics. Topics addressed include informed consent, patient rights, confidentiality, controversial health care technology, and distributive justice and health care access.
NURS 545: Management of Diverse Human Resources in Health Care. The emphasis of this course is the understanding of the vital nature of diverse human resources in health care delivery. Selected topics include professional growth, performance appraisal, recruitment, hiring, retention, promotion, conflict management, collective bargaining and diversity. Legal, ethical, and labor issues will be discussed, as well as the use of motivation and power.
NURS 546: Financial Management in Complex Health Systems. This course will provide an introduction to the structure and operations of various contemporary health care financing and reimbursement systems and related policy issues. Historical, current, and proposed policy options in health care financing, including private and government programs, will be addressed. Programming, budgeting, and controlling processes in complex health systems will be discussed within the health care administrator’s role.
NURS 570: Advanced Leadership & Health Policy in Complex Health Systems. This course explores the impact of political, social, economic, and ethical influences on the health care delivery system. Special attention is given to how change occurs and to how government regulations, consumerism, and legislative action influence health care in the United States. Principles of systems and change theory in relation to evidenced-based practice will be examined.
Market Needs/Career Placement Prospects: According to M.B.A Today (www.mba-today.com), the health care industry around the globe has experienced a tremendous amount of growth. The industry is in need of motivated business minds to help it run smoothly and efficiently, as employee workloads are increased and facilities become strained. Individuals with Health Care Administration MBA degrees will acquire positions as health care administrators and managers in a variety of health care facilities; salaries are strong for those at the executive level. These graduates need to have the same thorough understanding of business functional areas as any other MBA graduate, as well as a fundamental knowledge of health care systems.
The U.S. Bureau of Labor Statistics (www.bls.gov) reports that medical and health services administrative careers have a positive job outlook in the coming years. Because managing health services requires high-level administrative skills, an MBA is usually needed for these positions. The Bureau of Labor Statistics describes health care administrators as those who will “plan, direct, coordinate, and supervise the delivery of health care.” Positions are available in the following areas:
- Health Care Administration (directors of clinics, physicians’ offices, etc)
- Health Informatics Management
- Director of Health and Wellness
- Hospital Administration
- Pharmaceuticals Project Manager
- Insurance Underwriting
- Human Resource Directors in Health Care Facilities
Outcomes: Industry Standards for health care administrators are provided by the American College of Health Care Executives (www.ache.org). The curriculum in our MBA: Health Care Administration concentration is aligned to these standards to assure that our graduates are appropriately prepared.
For admission criteria and application process, including all required forms, please see the MBA website at http://www.wvwc.edu/academics/gradprograms/MBA/
Or, contact Dr. Susan Aloi, Director of the School of Business & MBA Program, at firstname.lastname@example.org or 304.473.8580