School and Ranking Information
There are about ten schools within a 15-mile radius of Chicago that offer degree programs in healthcare management. The following schools are considered the top three based on school rankings, tuition and graduation rates:
- Winner: Northwestern University in nearby Evanston comes in first place for its high program and school rankings from U.S. News & World Report. The school is also a member of the Association of University Programs in Health Administration and has the highest graduation rate of these three schools.
- Runner Up #1: Loyola University, found right in in Chicago, is the first runner up for its multiple degree levels available in this field. This school also awarded the most healthcare management degrees among these schools in 2011-2012.
- Runner Up #2: The University of Illinois in Chicago has the lowest tuition rate of these schools and is the only public institution on this list. Healthcare management students here can join several student organizations, such as the Association of Future Healthcare Administrators.
School Comparison Chart
|Category||Northwestern University||Loyola University Chicago||University of Illinois at Chicago|
|Ranking(s)||Graduate program in healthcare management ranked #7 among national universities in 2011,
Ranked #12 among national universities in 2013*
| Part-time MBA ranked #43 in 2013,
Ranked #106 among national universities in 2013*
|Ranked #147 among national universities in 2013*|
|Location||Evanston (12.1 miles from Chicago)||Chicago||Chicago|
|School Type||4-year, private||4-year, private||4-year, public|
|Tuition & Fees (2012-2013)||$59,085 (for all MBA programs)***|| $34,578 (undergraduate)**,
$12,088 (graduate healthcare management program tuition and fees per term)***
| $15,467 (average graduate in-state tuition and fees),
$25,763 (average graduate out-of-state tuition and fees)**
|Healthcare Management Degree Levels Offered||Master's (MBA)**||Master's (MBA), Bachelor's***||Master's**|
|Most Popular Healthcare Management Program (2011-2012)||N/A||MBA in Healthcare Management (22 awarded)**||N/A|
|Healthcare Management Degrees Awarded (All Levels) in 2011-2012||1**||42**||N/A|
|Graduation Rate (in 150% of normal degree time) for 2005 Entering Class||94%**||70%**||54%**|
Sources: *US News and World Report, **NCES College Navigator, ***Northwestern University, Loyola University Chicago, University of Illinois at Chicago.
Winner: Northwestern University
- Ranked #7 in Forbes' list of Best Business Schools in 2012
- Has 300-member Kellogg Healthcare and Biotech Club
- Member of the Association of University Programs in Health Administration (AUPHA)
- Partnered with Social Enterprise at Kellog (SEEK) and Global Health Initiative
- Has the annual Biotech and Healthcare competition and Business of Healthcare Conference
At Northwestern University's Kellogg School of Management, students can earn a Health Enterprise Management (HEMA) degree, which is a specialized MBA degree. Northwestern previously offered separate biotechnology management and a health industry management degree, which have now merged into the HEMA program that is led by 19 faculty members. Students must complete courses in health policy, biomedical marketing, medical innovation, healthcare markets, and healthcare strategy as well as other areas of study. Northwestern also offers a Master in Public Policy and Administration degree (MPPA) with a concentration in Health Services Policy. The HEMA program provides resources and activities for students, which includes the MacEachern Symposium, a day-long event where healthcare management experts give lectures, hold debates, and later gather with students at a luncheon. Companies like Johnson & Johnson, Northwestern Memorial, Dupont, and Pfizer, among many others, recruit students from the HEMA program.
Runner-Up #1: Loyola University Chicago
- MBA program ranked #16 in the world, according to The Aspen Institute Center for Business Education in 2012
- Only AACSB-accredited school to offer a specialized MBA in Healthcare Management
- Students may be inducted in National Honor Society for Healthcare Administration
- 95% of beginning, full-time undergraduate students received some sort of financial aid from 2011-2012, according to NCES
Loyola University Chicago (LUC) offers a part-time MBA in Healthcare Management (MBA-HCM) program at the Quinlan School of Business. This program can be completed in two years in eight 10-week quarters with students taking two courses each quarter. The MBA-HCM program consists of courses in economics, business marketing, and financial accounting, as well as healthcare marketing, healthcare law and policy, and healthcare business ethics. Students in this program can also choose to take a 10-12 day study abroad course to explore global health issues. LUC also offers a BS degree in Health Systems Management (BSHSM), which consists of courses in economics, finance, management, and general nursing. Undergraduate students may also earn a BSHSM and MBA dual degree in only five years. Students in this program can also choose to take a 10-12 day study abroad course to explore global health issues.
Runner-Up #2: University of Illinois at Chicago
- One of 60 schools named Best Business School in the Midwest by Princeton Review
- Has Association of Future Healthcare Administrators (AFHA) and Institute for Healthcare Improvement Open School Chapter (IHI)
- Lowest tuition cost of top three schools
UIC's School of Public Health in collaboration with the College of Business Administration offers a two-year Master of Healthcare Administration degree. The curriculum for this program consists of courses in economics, marketing, accounting, and human resources. Students also complete hands-on training at hospitals, medical centers, care organizations, and ambulatory care centers. All UIC students can take advantage of the Family Medical Center for outpatient procedures at no extra cost. UIC also has two daycare centers on campus, which are accredited by the National Association for the Education of Young Children and licensed by the Illinois Department of Children and Family Services.