The Best Healthcare Management MBAs in Texas
As the nation’s second-largest field of employment, healthcare is a fast growing and rapidly changing industry expected to be worth trillions in the near future. A job in healthcare can represent any number of opportunities from working in a hospital to working for a government agency, insurance organization, consulting firm, group practice, pharmaceutical company, or biotechnology firms. In each of these areas, there’s a massive need for well-qualified individuals who can respond to critical problems. That’s where a healthcare management career can be valuable.
As a healthcare manager, you’ll be responsible for managing and coordinating health services while working closely with physicians and administrators to best represent your facility. It’s a rewarding career field with a positive job outlook—employment is expected to grow much-faster-than-average, according to the Bureau of Labor Statistics.
If this sounds like the career for you, one of the first steps is to earn your Healthcare Management MBA. A Healthcare Management MBA provides students with in-depth expertise on the unique elements required to work in the healthcare industry.
As for where to earn your degree, here are the best Texas healthcare MBA programs.
Dallas
Naveen Jindal School of Management – University of Texas at Dallas
In Dallas, the Naveen Jindal School of Management is known for its healthcare focus. Not only does the school offer a Master of Science in Healthcare Leadership and Management, which is a flexible evening program that can be completed in 18 to 24 months, but MBA students can also choose the Healthcare Leadership and Management concentration. This MBA concentration prepares students for leadership positions in healthcare and is a cross-functional and industry-focused option.
What makes the Healthcare Management MBA concentration stand out at Naveen Jindal is the fact that classes are taught by faculty and healthcare executives who have the specialized expertise and experience needed to train up-and-coming graduates. In addition, students can participate in the Healthcare Management Association (HMA) to cultivate industry experience, networking opportunities, and healthcare resources. The school also offers a Healthcare Management Executive MBA for current physicians who are looking to expand their skillset.
Hankamer School of Business – Baylor University
At the Baylor University Hankamer School of Business in Dallas, there’s a specialized MBA in Healthcare Administration. This degree path is offered in conjunction with the Robbins Institute for Health Policy and Leadership and gives students the opportunity to gain an interdisciplinary foundation in health services and business. The MBA program is nationally recognized, ranked 17th in the nation in 2016 by the U.S. News & World Report, and ideal for students interested in a healthcare career.
What makes this MBA program unique is that it includes a seven-month paid Executive Residency with a leading progressive health organization. During this residency, students receive guidance from well-qualified, practicing healthcare executives who give them the opportunity to apply and test their knowledge. Also, students can apply for the Executive Healthcare MBA program in Dallas and participate in the Future Healthcare Executives (FHE) student organization.
Neeley School of Business – Texas Christian University
Another opportunity for healthcare-minded MBA students in Dallas is the Healthcare MBA at the TCU Neeley School of Business. This program is designed for current healthcare professionals or individuals who are looking to enter the healthcare industry. It’s offered in partnership with the University of North Texas—Health Science Center and provides an in-depth healthcare focus.
What makes this program unusual is that students can choose a standard MBA (48 credit-hours) or an accelerated MBA (36 credit-hours) depending on their experience in business. In either case, MBA students completed 10.5 credit-hours of healthcare-specific courses as well as 9-10.5 credit-hours of additional business or healthcare electives. Some of the specialized courses include:
- Healthcare in the U.S.
- Population Health
- Legal Aspects of Healthcare
Houston
Rice University – Jones Graduate School of Business
At Rice University in Houston, there are multiple opportunities for MBA students at the Jones Graduate School of Business to develop their healthcare experience. Specifically, the school created a healthcare program that offers practical learning options and multiple healthcare electives. Some of those electives include U.S. Health Care Management, Health Care Strategy, and Health Care Operations Management.
As full-time MBA students, there’s the option to choose the health care concentration, which includes 12 credits, out of 24.5 available, focused specifically on a career in healthcare. Its unique curriculum prepares MBA students for a variety of healthcare settings including pharmaceutical, biotech, and insurance as well as hospitals and private practices. There are also many other ways to learn about healthcare at Rice University including speaker series, panel discussions, and multiple events.
The Jones Graduate School of Business at Rice University offers a wealth of healthcare MBA options, including a MD/MBA dual degree.
Cameron School of Business – University of St. Thomas
In Houston, there’s also an MBA in Health Care Administration offered at the Cameron School of Business. This program is offered in conjunction with Texas Woman’s University (TWU) and gives students the opportunity to obtain the fundamental health services management skills required for a successful career. In addition, there’s an opportunity for a dual Master of Healthcare Administration (MHA) and MBA degree. As part of the program, students take courses at both TWU and UST.
From Just One Woman to 39 Percent of the Class—and Other Ways LBS Has Changed Over the Past 50 Years
The 2017-18 academic year marks the 50th anniversary of the MBA program at London Business School (LBS). Since 1968, the school has offered a two-year Master of Science (MSc) in Business Studies degree program—the original MBA—and has continuously refined its offerings since that time. In celebration of the 50-year mark, LBS is looking back at how far the program has come.
The Beginning
In 1966, two years after London Business School opened its doors, the school launched a two-year Master of Science (MSc) in Business Studies. The first class consisted of 35 men and just one woman, with the average age around 25 years old. The goal of the two-year degree was to prepare students for employment. In fact, according to the website, employment was seen as “one of the most significant aspects of the school’s progress at this stage of its development.”
After graduation, most students joined manufacturing firms, and a few went into merchant banking, management consultancy, and advertising. Their job functions included marketing and financial executives, planning personnel, and personal assistant roles.
As for the feedback on the first year of study, a report on the class stated, “The overall academic performance of the students during the year has been more than satisfactory. The course of studies is arduous and the number of hours of work required is much above average, imposing a considerable workload both on students and staff.”
The Early Years
In the early years of the program, growth was slow but steady. In 1971, the class size grew to 86 students and by 1975, 108 students were admitted, including 16 women. Throughout this time, LBS made various modifications to its program.
- In 1973, LBS introduced the International Management Program, which gave 10 students the change to study abroad in Paris or at New York University.
- In 1978, the International Management Program expanded to include Harvard, Stanford, Wharton, Chicago, and top European institutions.
The 1980s
The 1980s were a time of change for LBS and the MBA program. During these years, banking and finance overtook manufacturing as the top industry for graduates. In addition, LBS continued to increase its international reputation; about half of its class comprised non-British students by the end of the decade, with more 30 nationalities represented. Most importantly, the Class of 1987 was the first to be awarded an MBA rather than an MSc degree. In an annual report, the school stated, “This more accurately and effectively conveys the spirit of the program, and the type of qualifications our students are aiming for.”
- In 1982, LBS introduced a new part-time master’s program. The first class accepted 60 people and allowed students to complete their studies over two and a half to three years while still working.
- In 1984, three more U.S. schools joined the International Exchange Program including Dartmouth Tuck, MIT Sloan, and Northwestern Kellogg.
The 1990s
In the 1990s, LBS adopted a more flexible format for its MBA program. The school added increased training in “soft skills” and introduced computer-based management simulation games. The class size also increased to 271 students, with 79 percent of students coming from outside the United Kingdom. Consulting became the top choice for graduates, and manufacturing shrunk to just 11 percent.
- In 1992, LBS introduced a language requirement where students must be fluent in English and one other language to graduate. In addition, the part-time master’s was re-launched as the Executive MBA.
- By 1996, entrepreneurship became an important part of the program, and the school launched several electives with an entrepreneurial focus, including “Small Business Management” and “Financing the Entrepreneurial Business.”
- 1999 was the first Financial Times Global MBA ranking, and LBS ranked #1 in Europe and #8 in the world—the only non-U.S. school in the top 10.
The 2000s
By the 2000s, LBS had become a global leader in MBA education—and in 2009 it became the first non-U.S. school to top the Financial Times ranking. The MBA program was reformatted for increased flexibility, allowing students to graduate in 15 to 21 months. The class size also increased to 315 students, with 89 percent of the class from 59 countries outside the United Kingdom.
- In 2001, LBS ranked as the best Global MBA by the Financial Times, and Forbes ranked LBS as #1 in Europe and #2 in the world for return on investment.
- In 2003, LBS became the first European school to join the Forté Foundation to increase women in business, and in 2005, women made up 22 percent of the class.
The 2010s
In the last decade, London Business School once again revised its MBA program to give students even greater flexibility. The school also continued to increase its size, welcoming 468 students by 2018—12 times the size of the first class in 1968. In addition, women now make up 39 percent of the MBA class, and students represent 77 different nationalities.
- In 2010, LBS started its Incubator Program to help entrepreneurs. As of 2017, 58 businesses have completed the incubator, raising more than £31 million and creating 440 full-time jobs.
- In 2012, LBS launched the Global Business Exchange (GBE), giving students the opportunity to spend a week in another country with options ranging from South Africa to the United States.
- In 2016, LBS completed its first fundraising campaign, raising £125 million.
To learn more about the 50th anniversary celebration of London Business School’s MBA, visit the school website.
This article has been edited and republished with permissions from our sister site, Clear Admit.
Harvard Debuts Joint MBA/MS in Engineering Degree
Harvard University today becomes the latest to throw down the gauntlet in the quest to provide preeminent leadership to the ever-growing tech sector—announcing the launch of a new joint master’s degree (MS/MBA) program between Harvard Business School (HBS) and the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS).
Lucas to Hold Grad Program Showcase
The Lucas Graduate School of Business at San Jose State University will be holding a Graduate Programs Showcase on November 9, 2013. The event will feature sessions on programs, admissions, financial aid and career services.
The featured programs include:
Graziadio Offers Applied Neuroleadership Exec. Certificate
Pepperdine University, in collaboration with the NeuroLeadership Institute, introduced the Executive Certificate in Applied Neuroleadership.
It is a six-month certificate program and is the only program to combine the NeuroLeadership Institute’s online seminars with face-to-face application workshops taught by faculty from the Graziadio School of Business and Management’s Master of Science in Organization Development program.
The program’s main goals are to create measurable breakthroughs in yourself, your team and your organization by fostering significant productivity gains through focused attention, improve thinking and performance, maximize the social brain for collaboration and innovation and to build a network of like-minded leaders as a trusted resource. Continue reading…
