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
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 17% during the decade 2014-2024. In May 2015, the BLS stated that the median yearly salary for these workers was $94,500.
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.