Business Administration Programs for Healthcare Professionals

Oct 13, 2019

Aspiring healthcare professionals can pursue an undergraduate or graduate program in business administration with a concentration in healthcare administration or healthcare management.

Essential Information

Students in a Bachelor of Business Administration (BBA) degree program with a specialization in healthcare administration get foundational knowledge in the field through courses in medical terminology and medical office procedures. The programs also include fundamental business courses and take 4 years to complete. For a bachelor's degree, students should have their high school diploma or GED.

MBA programs in healthcare administration deal with advanced management topics as they relate to healthcare. Master's programs will take 2 years to complete and include a residency requirement. To be admitted into a graduate-level program, students should already have a bachelor's degree and some healthcare management experience.

Bachelor of Business Administration in Healthcare Administration

Students in a BBA program with a concentration in healthcare administration typically learn about delivery of health services and reimbursement for healthcare. They also might study healthcare system design and public health policies. These programs also cover general management subjects, such as sales and marketing, human resources and accounting. Core classes common to these programs include:

  • Budgeting and planning in a medical environment
  • Human resources management
  • Healthcare regulations and laws
  • Healthcare ethics
  • Business statistics
  • Economics

Master of Business Administration (MBA) in Healthcare Administration

Many MBA programs feature an option to concentrate in healthcare administration or healthcare management. Additionally, some colleges and universities offer dual degree programs, such as a Professional MBA/Master of Health Administration. Master's degree programs in healthcare administration generally require the completion of about 65 semester hours of classroom instruction, along with an administrative residency. Common classes might include:

  • Management of healthcare facilities and organizations
  • Fundamentals of healthcare laws and ethics
  • Marketing principles in a healthcare environment
  • Healthcare leadership
  • Advanced healthcare statistics
  • Advanced human resources management

Employment Outlook and Salary Info

According to the U.S. Bureau of Labor Statistics (BLS), employment opportunities for medical and health service managers are expected to increase by about 18% during the decade 2018-2028. In May 2018, the BLS stated that the median yearly salary for these workers was $99,730.

Popular Careers

A master's degree in business administration can open a lot of doors for aspiring healthcare professionals. A variety of career opportunities exist for graduates, including the following:

  • Healthcare facility manager
  • Healthcare consultant
  • Healthcare marketing professional
  • Healthcare accountant
  • Physician's office administrator
  • Healthcare human resources manager

Bachelor's and master's programs in business administration frequently offer healthcare administration specializations. Bachelor's programs include foundational business and healthcare courses for students seeking entry-level positions, while master's programs are often designed for healthcare professionals seeking advanced training.

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