Healthcare MBA Brochure

MASTER OF BUSINESS ADMINISTRATION IN HEALTHCARE MANAGEMENT www.HealthcareMBA.FIU.edu

HELP SHAPE THE FUTURE OF H EALTHCARE • What is the nation’s second largest industry?

• What industry costs Americans more than $2 trillion a year?

It’s healthcare -- and it’s the top concern of legislators, as well as hospitals, rehabilitation centers, physicians, insurance companies, managed care providers, drug manufacturers, employers, consumers, and many more.

Each of these groups comprise an essential part of the healthcare puzzle, but how can they work together to shape the future of health care?

That’s the focus of the new FIU Masters in Business Administration (MBA) in Healthcare Management.

Designed for experienced, working professionals like you, FIU’s Healthcare MBA uniquely prepares you to take an active role in shaping the future of healthcare. It offers you a rigorous graduate business program that will challenge, motivate, and educate you to respond to healthcare’s increasing demand for sophisticated management thinking.

YOUR PRESCRIPTION FOR SUCCESS

It’s no secret that the job outlook for MBAs in healthcare management has never been brighter.

The healthcare industry already comprises about 18 percent of the U.S. gross domestic product. Add the impact of sweeping policy and demographic changes, and it’s easy to see why graduate business programs specializing in healthcare management are fast increasing in demand.

As the healthcare industry continues to evolve, one thing remains certain: the need for highly skilled, well-educated healthcare managers and administrators prepared not only with a traditional MBA curriculum, but one that emphasizes healthcare economics, finance, policy, regulation, and more.

FIU's MBA in Healthcare Management puts the pieces of the healthcare puzzle together by providing the knowledge and skills you need to be a successful manager or administrator in a variety of health services organizations.

Emphasizing the practical applications of business and management theory, the Healthcare MBA is your prescription for success.

FIU's Healthcare MBA puts the pieces of the healthcare puzzle together.

IS THE HEALTHCARE MBA RIGHT FOR YOU? As a working professional, you understand how quality, performance, and efficiency can impact the long-term health of your company or organization.

To improve your problem-solving, decision-making, and leadership abilities – and to advance your career – you need a specialized, comprehensive graduate business program that: • • • •

Teaches you how to analyze challenges and expand your responsibilities.

Emphasizes the practical applications of management concepts and theories within healthcare settings.

Focuses on critical thinking, self-development, communication and teambuilding skill development, problem-solving competence, and ethical leadership.

Allows you to interact with and learn from world-class faculty and senior healthcare executives.

Upon completion of this program, you will be prepared for healthcare management careers such as planners, policy analysts, or consultants focusing on the financing, organization, quality, and delivery of personal health services/medical care in the public and private sectors.

KEY FEATURES The FIU Healthcare MBA is an accelerated 18-month, Saturday-only program that enables you to earn your degree without interrupting your current career. Intended for working professionals with a minimum of four years of professional work experience, the Healthcare MBA requires 42 credit hours of coursework, along with a three-day professional development seminar and refresher courses in accounting and other quantitative skills.

As a Healthcare MBA student, you can look forward to: • Attending one of Florida’s top MBA schools.

• A fully-accredited curriculum that will prepare you to help shape the future of healthcare.

• Learning from top healthcare academics, professionals and executives.

• Interacting with your peers in a dynamic, personalized learning environment.

• Experiencing a high level of personal service and support.

• Participating in a study team from which you’ll also receive support throughout the program.

• Saturday classes in our downtown Miami facility (Fall start) or Broward location (Spring start).

• Completing the program in 18 months.

• Building a lasting network of friends and professional colleagues.

ADMISSION REQUIREMENTS To be considered for admission to the MBA in Healthcare Management program, you must: • • • • •

Have four years of professional work experience.

Meet the general university requirements for admission to a graduate degree program.

Hold a bachelor’s degree from an accredited college or university.

Have a grade point average of 3.0 or better based on upper-division coursework.

Submit official transcripts from all previously-attended universities in a sealed envelope by the degree-granted institution(s).

Although the GMAT or GRE is not required for admission to this program, you may be asked to take it to strengthen your admission package.

International students may have additional requirements. Please contact us for more information. *Meeting minimum requirements does not guarantee admission to the Healthcare MBA program.

HEALTHCARE MBA CURRICULUM •

Management of Healthcare Organizations in the 21st Century: explores the use of evidencebased management for effective planning and decision-making by today’s healthcare managers.

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Financing & Reimbursement of Health Systems: examines financing models for health delivery systems, and analyzes Medicare, Medicaid and other third party payer reimbursement strategies.

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Economic and Decision Analysis in Health Services: analyzes specific world-wide health care problems and functioning of global health care markets.

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Health Policy and Economics: examines the impact of government, private sector, and interest groups on priority setting in global health policy making and national health strategies using basic economics principles.

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Master’s Project in Management: each student conducts a research project on a specific healthcare management problem in a community or institutional setting.

CORE MBA COURSES: •

Legal Environment of Business

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Accounting for Managers

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Financial Reporting and Analysis

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Corporate Finance

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Marketing Management

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Organizational Behavior

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Organization Information Systems

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Operations Management

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Strategic Management

EXCLUSIVE BENEFITS •

ACCELERATED LEARNING – No other South Florida program offers you an accelerated 18-month Healthcare MBA program.

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CONVENIENT SCHEDULE FOR WORKING PROFESSIONALS – Saturday classes allow you to keep working full-time while you prepare for the next step in your career.

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HIGHLY PERSONALIZED – With a low student-teacher ratio, you can be sure of receiving individualized attention throughout the program. In addition, you can count on the support of the FIU program director and support personnel every step of the way.

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A NETWORK OF DIVERSE PROFESSIONALS – Since this is a cohort-based, lock-step program, you will study and learn with the same classmates all year long, leading to strong relationships that will enrich your personal and professional life long after the program finishes.

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ADVISORY BOARD – The Healthcare MBA program is guided by an advisory board consisting of senior alumni, business leaders and healthcare executives. These individuals play a strategic role in the direction of the program, as well as in formulating the curricula, mentoring graduate students and more.

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CAREER MANAGEMENT SERVICES – You will have access to extensive services and tools that will help you gain the knowledge, skills and savvy to be a competitive force in today’s challenging job market, including interview preparation, job placement assistance and much more.

Please note that the program as described throughout is typical but subject to change at any time.

INTERESTED? LET'S TALK! TO APPLY • •

Complete FIU’s online graduate programs admissions form at http://gradschool.fiu.edu/admissions.html Submit official transcripts, proof of degree(s), relevant test scores, and other documentation

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Submit a current resume (four years of professional work experience are required)

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Provide a statement of purpose — a one-page essay describing your professional goals and reasons for pursuing the FIU Healthcare MBA

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Provide two letters of professional recommendation

Be sure to submit your application materials to the Healthcare MBA Program, even when applying online using the university’s graduate online application form.

Doing so will expedite the application process.

Send all application materials to: Florida International University Healthcare Management Programs 11200 S.W. 8th Street – RB 250 Miami, Florida 33199

For more information about the MBA in Healthcare Management program, please contact us at 305-348-2589, email HCMBA@fiu.edu, or visit www.HealthcareMBA.fiu.edu.

ABOUT US With more than 40,000 students and 140,000 alumni, Florida International University’s global emphasis and real-world curricula are designed to give graduates a competitive advantage.

The College of Business Administration, is FIU's largest professional school. The college caters to over 6,000 undergraduates and more than 1,500 graduates annually. Among its more than 35,000 alumni are some of our community’s most successful business leaders and entrepreneurs.

The College of Business Administration is among the seven percent of elite business schools worldwide to have received the prestigious AACSB International accreditation. In addition, • BusinessWeek has included the Chapman Graduate School of Business in its prestigious ranking.

• Financial Times placed our Executive MBA (EMBA) for the third consecutive year among the world’s top EMBA programs, and Hispanic Trends ranked the EMBA program eighth in the nation in its listing of “Best Executive MBA Programs for Hispanics.”

The Chapman Graduate School of Business offers an array of graduate business programs to meet the growing higher education needs of business executives, entrepreneurs and professionals. In addition to the MBA in Healthcare Management, the school offers full- and part-time MBAs and specialized master’s degree programs in various fields.

Besides the College of Business Administration, FIU has a dozen different schools and colleges, including the highly acclaimed Herbert Wertheim College of Medicine, and the College of Nursing and Health Sciences, offering business students numerous opportunities for multidisciplinary collaboration and enhanced learning.