The Best Healthcare Management Programs in Washington DC
Healthcare management is among the fastest growing jobs in the United States today. According to the U.S. Bureau of Labor Statistics, a 20 percent increase is expected for jobs the field of medical and health service management over the next ten years. Given that the average growth rate for all other occupations is just 7 percent, this reveals a significant boost expected within this field.
Given how quickly this field is growing, jobs in healthcare management can be competitive. One of the best ways to set yourself apart in the job market is with a specialized degree in healthcare management, demonstrating to employers that you have the specific skill set the job requires. If you are eager to join this growing industry, or looking for a career path that allows you to combine a passion for business with a love of medicine, you may want to pursue a degree in healthcare management.
Many business schools offer MBAs with specializations in healthcare management, or offer other options for customizing your degree to gain credentials in the field.
The Top Washington DC Healthcare Management MBA Programs.
George Washington University School of Business
The School of Business at the highly ranked George Washington University offers an online healthcare MBA program, which combines the generalized business foundation learned during the school’s MBA program with healthcare focused electives. The program explores the most important concepts in business and healthcare amidst a rigorous and hands-on educational environment. In addition to earning an MBA in healthcare management, students may also choose to pursue an additional certificate in fields like Clinical Research Administration, Clinical & Translational Research, Health Care Quality, Integrative Medicine, and more.
The online healthcare MBA at George Washington is 55.5 credit hours, divided among core courses (31.5) and healthcare focused electives (24), offered through the university’s School of Medicine and Health. Students may also petition to have 12 of their elective credits made up of GWU graduate-level healthcare courses outside of the medical school.
Just a few of the many healthcare elective courses offered through SOMHS are listed below:
- Patient Safety Systems
- Issues and Trends in Health Systems
- Introductions to Global Regulatory Affairs
- Regulatory Strategy in the Development of Drugs and Biologics
McDonough School of Business – Georgetown University
The McDonough School of Business at Georgetown University takes their healthcare and business education combo to a new level with the dual MBA and MD program. Within just five years, students will graduate with two degrees; one in medicine and one in business.
The program is broken down with different requirements each year, focused primarily on MD courses at the start, but including at least one MBA core course during the evening each semester. Students will take MBA elective courses throughout the fourth and fifth years, eventually completing the Global Business Experience in the final year. Students interested in the joint MBA/MD program at McDonough must be accepted both by the School of Medicine as well as McDonough before enrolling.
Georgetown University’s precious mascot, Jack, shortly after earning his degree at the School of Medicine / Photo via Georgetown
Student testimonials comment on the way the program has shaped their way of thinking and creatively problem solving. “I am confident that much of what I have gained at the business school will aid me in my career as a physician and will certainly enhance opportunities to improve the healthcare system as a physician-leader,” commented Mark Matza, MD/MBA 2014.
University of Maryland R.H. Smith School of Business
While the R.H. Smith School of Business at the University of Maryland does not offer an MBA concentration in healthcare management, they offer students the opportunity to jointly pursue an MBA and a Master of Science (MS) with a Health Services Leadership and Management specialty. The degree is designed to prepare students for a role as an administrator within a health care system, with the ability to make management-level decisions on a variety of fronts, including strategic planning, governance, and finance. The business education provided by the MBA will also provide students with a strong foundation in leadership and innovation that will allow students to take the lead in designing new approaches to healthcare services. Students with this degree could serve in a variety of roles within the healthcare field, such as a chief nursing officer, consultant, finance officer, and more.
The 68 credit program will be completed over the course of four years, with the MBA requirements mostly being completed in the first two years, and the MSN courses in years three and four.
No GMAT, No Problem: How These Schools Help MBA Applicants
There’s little joy in agonizing over less-than-stellar GMAT scores, wringing your sweaty hands over a looming GMAT appointment, and/or simply trying to sidestep the standardized nightmare, full stop. Slow down! Go easy on yourself!
For starters, there are plenty of schools that offer GMAT/GRE waivers or weigh other parts of your application more heavily than what you were able to half-remember one random Saturday morning.
Many schools acquiesce that it’s difficult parse out the ideal applicant from a test score and they eliminate many worthwhile candidates in the process. So, are there students who might do just fine in the application process skipping the GMAT rigmarole altogether?
If you have 5-7 years of high-quality work experience, it will certainly carry a lot of weight for applicants without GMAT scores, as will exceptionally high undergraduate GPAs. Applicants who can demonstrate aptitude in a related field can likely get away without GMATs. Candidates with post-graduate degrees in an unrelated field can also have the GMAT waived—let us know your secret for avoiding standardized tests all across the board, by the way.
On the flip side, if you don’t have significant work experience, didn’t graduate cum laude, and can’t demonstrated related (or unrelated) aptitude, you may have to claw tooth and nail to pass that GMAT with flying colors.
For those applicants with the right stuff, let’s take a deeper dive into five Metro-covered schools that don’t require GMAT for admissions:
Suffolk’s Sawyer School of Business
Sawyer School of Business applicants sans GMAT need not fret. Full-time MBA candidates with three years’ work experience and part-time MBA candidates with 5-7 years of experience can apply for waivers. Here are the other potential credentials that can take the place of a GMAT. In all cases documentation is required:
- If you’ve passed the CPA; CFA, Level 1; or the FRM, Level 1 exams
- If you’re a second-semester senior business or economics major or Berklee College of Music music management undergrad with a cumulative GPA of 3.3.
- If you have 2 years of relevant full-time professional work experience and a 3.4 undergraduate GPA; a 3.3 GPA and four years of experience; or 3.2 and six years of experience.
- If you have a MSA, MSF, MSBA, or MST from an AACSB-accredited b-school.
- If you are an ABA-approved law school graduate.
- If you’ve completed any SBS graduate certificate programs with a cumulative 3.3 GPA.
DePaul’s Kellstadt School of Business
If you apply to the Kellstadt School of Business in Chicago without GMAT scores, here are some alternatives that will help you make the cut. Along with an undergraduate degree from an accredited institution, Kellstadt applicants that do not take the GMAT need:
- Five years’ consecutive work experience that demonstrates management and quantitative aptitude.
- JD, MD, Ph.D., MSF degrees.
- 160 LSAT Score.
- Pass the CPA and/or PE exams.
- Any alumni from DePaul’s Driehaus College of Business with 3.2 GPA or higher and two years’ work experience.
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Rutgers Business School
Holders of a Ph.D., MD, JD, and PharmD, as well as applicants with 3.0-plus undergraduate GPAs are not required to present GMAT scores. Rutgers Business School part-time MBA and Professional Accounting MBA applicants with 10 years’ full-time experience (or 8 if they have a Master’s degree) can apply for GMAT waivers. Other related degree paths that do not require GMAT or GRE scores: The MA in Taxation, the MA in Governmental Accounting, and the MS in Supply Chain.
Pace’s Lubin School of Business
Prospective Pace Lubin School of Business MBAs with a 3.50-plus cumulative undergraduate GPAs or those already in possession of business-related post-graduate degrees can request GMAT waivers. CPAs, CMAs, or practicing lawyers can request GMAT waivers if they apply for the MS in Taxation. Applicants with three years of managerial human resources experience can request GMAT waivers for the MS in Human Resources Management.
Golden Gate University’s Ageno School of Business
The following Ageno School of Business candidates may apply for a GMAT waiver:
- Master’s degrees in unrelated fields.
- Applicants with professional licenses earned by passing a nationally recognized US exam e.g. CPA, CMA, CIA.
- Applicants with cumulative 3.50-plus undergraduate GPAs.
- Applicants with five years’ managerial experience.
- Practicing CFAs, physicians, or attorneys
The Many Dual MBA Options at the Rutgers Business School
The benefits of an MBA education can often go far beyond just the business world. From medicine to law, a number of industries and professions can utilize and benefit from the skills of an MBA graduate. At the Rutgers Business School, Newark and New Brunswick, there are a number of degree programs that can be paired with an MBA, giving students the chance to take their business training into a variety of fields. Below, we provide a snapshot of the many Dual Degree programs available for Rutgers MBA students.
Dual MBAs You Need To Know At The Paul Merage School of Business, UC Irvine
If you are thinking about pursuing an MBA or any advanced business degree, you likely have a good idea about how and why you want to further your education. If that’s the case, you’re not alone—a 2016 GMAC survey found that 71 percent of prospective MBA students already have a single industry in mind for postgraduate employment; even before applying. Yet thanks to the broad base of knowledge an MBA degree provides, just what that industry is and each desired career path can vary wildly between individuals. And sometimes, careers move in unpredictable paths. To be ready for the varying trajectories that may pass, dual MBAs may cover your bases.
10 UCLA Anderson Concurrent MBA Degrees
Dual, or concurrent, degrees allow students to earn an MBA alongside another graduate degree for a combined track. This gives students the opportunity to develop theoretical and practical knowledge in another field simultaneously with their MBA studies. It’s an excellent course of action for students interested in multiple areas at the same time.
At UCLA Anderson’s Graduate School of Management, applicants have the opportunity to choose between ten unique MBA dual degree programs. For each of these programs, the candidate must submit a separate application to each program, following the instructions set forth by each program’s website. Decisions for admission will also be made separately, and you must be admitted to both programs simultaneously to earn your dual degree. Continue reading…
Alumna Spotlight: Lake Forest MBA Graduate Dr. Alina Fernández
Dr. Alina Fernández, MD, MPH, MBA, is an alumni of Lake Forest Graduate School of Management. She is an accomplished medical professional and currently serves as Vice President of US Pharmacovigilance for Lundbeck LLC. Additionally, Fernández is an alumna of the Lake Forest Leadership MBA program. She recently sat down with the school’s Lake Effects blog to take part in a Q&A about his experiences. Continue reading…
