Top 6 Massachusetts MBA in Healthcare Degree Programs

Earning your MBA is traditionally one of the best ways to greatly increase your responsibility and income in the business world. But one underserved area that many recently graduated MBAs do not consider is health care.

Given the great increase in demand for all types of health care services today, it is only logical there there is more need for advanced business professionals with an MBA. These professionals are in great demand to help to manage all business aspects of health care facilities. In fact, US News and World Report finds that healthcare is the 2nd best type of MBA you can get today.

In the state of Massachusetts, there has been an increase in demand for health care services just as in most of the country. This has caused health care salaries to spike, and for MBAs in healthcare, the field in this state is quite lucrative.

The salary for a business professional with a healthcare MBA in Massachusetts is excellent, and has gone up a lot in the last year, to an average of $121,000:

mbahealthcare-mass

Indeed.com reports that healthcare MBA salaries in this state are 18% higher on average than the US overall.

On a national level, the salary for healthcare MBAs is also excellent, although lower than what we see in Massachusetts – $94,000:

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Top 5 Massachusetts Healthcare MBA Programs

With the excellent employment and salary prospects for healthcare MBAs in Massachusetts, there are many solid MBA programs here worth your careful consideration:

1. Harvard University

The MBA at Harvard Business School is renowned around the world, and you have the opportunity to study not just health care from the aspect of business, but to also study the real leadership in health care that you will need to show to take your career to its highest potential. The general management MBA program at Harvard is combined with Field 3 entrepreneurial engagement strategy that helps you to learn the most innovative types of solutions to health care challenges.

Campus: Boston

Type: Non Profit

Accreditation: New England Association of Schools and Colleges

Per Credit Hour: $56,175 per year

GRE/GMAT Required: Yes

Minimum Time Commitment: 36

On Campus Requirements: Yes

Program: MBA in Healthcare

School Site: Tuition |Financial Aid

2. University of Massachusetts – Dartmouth

This top MBA program is for all types of business professionals, either those with years of business experience, or those who are just beginning their career journey. This AACSB-accredited program offers a Health Systems Management concentration that will give you a deeper understanding of the management and policy challenges in health care services.

Campus: Dartmouth or Online

Type: Non Profit

Accreditation: AACSB

Per Credit Hour: in state $518 per three hour class; $2025 out of state

GRE/GMAT Required: Yes

Minimum Time Commitment: 24

On Campus Requirements: Yes for full time program

Program: MBA in Healthcare Management

School Site: TuitionFinancial Aid

3. Northeastern University

The online Healthcare Management MBA will allow you to explore the entire evolution of the US health care system. You will look at the latest policies and proposals for health care, and look how the actions that are taken can affect other areas. You will also analyze the business aspects of the healthcare industry, and learn about strategic decision making and strategic formulation.

Campus: Online

Type: Non Profit

Accreditation: AACSB

Per Credit Hour: $20,390 per term

GRE/GMAT Required: No

Minimum Time Commitment: 24

On Campus Requirements: No

Program: MBA in Healthcare Management

School Site: Tuition | Financial Aid

4. Boston University

Boston University offers a dual MBA and Master of Public Health in Health Policy and Management. The goal of this very demanding program is to give  you a very solid foundation in business management, and also public health in a highly integrated curriculum that focuses on US health care. You will be given a broad perspective of the larger health care system in the US and will learn skills that will help you to manage them effectively.

Campus: Boston

Type: Non Profit

Accreditation: New England Association of Schools and Colleges

Per Credit Hour: $1374 per credit

GRE/GMAT Required: Yes

Minimum Time Commitment: 30 months

On Campus Requirements: Yes

Program: MBA and Master of Public Health in Health Policy and Management.

School Site: Tuition | Financial Aid

5. Simmons College

Simmons College offers a part time health care MBA that is three years in length. It combines the college’s strengths in its MBA program with the skills and expertise of its health care faculty. This accredited health care MBA features a full 67% of its courses with a health care focus, which is much higher than many MBA programs

Campus: Boston

Type: Non Profit

Accreditation: AACSB

Per Credit Hour: $1280 per credit

GRE/GMAT Required: Yes

Minimum Time Commitment: 36 months

On Campus Requirements: Yes

Program: MBA in Healthcare

School Site: Tuition | Financial Aid

6. University of Massachusetts – Boston

This MBA program offers a specialization in Healthcare Management. The challenges facing health care facilities today are very complex, given many global, social, political and economic changes. This program will teach you how to manage cost issues, access and quality. You will learn how to be highly competent not in just management and leadership, but how to adapt the organization in the face of the tough challenges in the health care field.

Campus: Boston

Type: Non Profit

Accreditation: AACSB

Per Credit Hour: in state $14,168 per year; $27,445 out of state

GRE/GMAT Required: Yes

Minimum Time Commitment: 30 months

On Campus Requirements: Yes

Program: MBA in Healthcare Management

School Site: Tuition | Financial Aid

Healthcare MBA Video Feature

Harvard Business School (HBS) is making a difference in health care. This video profiles Michael Schrader, MBA 2012 on co-founding Vaxess Technologies out of the Harvard iLab; Dr. Nabihah Sachedina, MBA/MPP 2013 on studying policy and general management at HKS and HBS; Fola Laoye, MBA 1999 on sending Hygeia Group clinician leaders to HBS executive education programs; Stephane Bancel, MBA 2000 on founding of Moderna Therapeutics; and Professors Richard G. Hamermesh and Robert S. Huckman on the HBS Health Care Initiative.

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