Healthcare is very team-focused, our students gain the ability to work with many individuals
As part of the Healthcare MBA program, students complete on-campus residencies focusing on leadership and critical thinking. They also study organizational behavior, information systems, finance, and other aspects of managing healthcare facilities and businesses. During the program, they can earn green-belt certification in Lean Six Sigma, a respected methodology that relies on a collaborative team effort to improve performance and eliminate waste.
FIU’s Healthcare MBA: Training Innovative Leaders to Find Healthcare Solutions
Florida International University’s Healthcare MBA program, now in its fifth year, trains professionals to lead healthcare organizations as they process constant change in the rapidly-evolving field.
Since its inception, the program has attracted top students, many already working in the field, with others snapped up by employers after graduation. Starting with the incoming class, the program has stepped up its commitment to giving students hands-on experience in research and decision-making, both locally and globally.
Chinese Lessons: HCMBA trip brings an international perspective to the study of healthcare.
China’s health care system, while invested in its own traditions and dealing with a far larger population, has similarities with our own. Both, explained Miriam Weismann, academic director of FIU’s Healthcare MBA program, are fragmented, with a mix of public and private funding. Multiple reimbursement systems must be navigated. And both offer lavish attention to those with means, while others struggle to get basic care.
Write-to-Learn: Unique Program for FIU Healthcare MBA Students Prepares Them to Think and Write Critically
While most students in a Healthcare MBA program have considerable healthcare or managerial experience, it may have been years—and for some, decades—since they've written an essay or paper. As healthcare managers on the rise, they will quickly discover that strong writing and communication skills are essential to their career growth.
To ensure that FIU’s HCMBA students develop the critical writing and communication skills they will need, FIU offers Write-to-Learn (W2L), a unique program for graduate students enrolled in the College of Business.
In The News
Should You Get a Healthcare MBA? The Experts Weigh In
Private practice physicians have to wear two hats: they must provide quality care to patients while also running a profitable business. While large hospital systems often have business administrators handling the commercial side of things, at smaller practices, this responsibility tends to fall to the doctors.
In The News
Why Physician MBA Degrees Are Worth the Investment
With kids going back to school later this month, maybe it’s the right time for physicians to consider continuing their education as well. We know what you’re thinking. Doctors already go through enough schooling. But in today’s uncertain health care environment, a physician MBA may be a worthwhile investment.
Healthcare MBA Program
The MBA in Healthcare Management provides the knowledge and skills necessary for management careers in various health services organizations. The program emphasizes the practical applications of the concepts and theories of management and business within healthcare settings. In addition, we place particular emphasis on critical thinking, self-development, communication and teambuilding skills, problem-solving competence, and ethical leadership.
The mission of the Healthcare MBA Program at Florida International University is to improve the delivery of health services through the education of healthcare managers, service to the community and the profession, and research. The Program provides educational opportunity with a special commitment to multicultural and working students. The educational mission is to provide early to mid-level career path students with professional knowledge and with conceptual, analytical, technical, and ethical skills to manage healthcare systems collaboratively with competency, sound decision-making and integrity.
The vision of the Healthcare MBA program is to become South Florida’s leading healthcare management program known locally, nationally, and internationally for providing quality education, service to community, and research.
- Excellence in the dissemination and acquisition of knowledge and applications
- Responsibility as committed global citizens advancing best practices in healthcare
- Respect for all individuals
This highly regarded program is designed for working professionals who are eager to pursue careers in healthcare management or advance to higher level positions within their respective disciplines. The program provides students with a strong business core curriculum and healthcare specific course work enabling students to gain a deep understanding of the healthcare industry. Students come from various sectors within the healthcare industry, bringing a rich perspective to classroom discussions. The cohort-based program along with the broad, team-focused curriculum provides an unlimited opportunity to interact with fellow classmates, share perspectives, and build lasting relationships.
Our Healthcare MBA curriculum consists of high-level graduate business and healthcare courses specially designed for management professionals. The program is designed for the convenience of the student while at the same time fosters learning at an accelerated rate using a cohort-based model.
This course examines individual, interpersonal, and small group behavior in healthcare organizations. Focus is on behavior, its causes, and management interventions to improve organizational effectiveness. Research methods to study organizational behavior are used.
Management of Healthcare Organizations in the 21st Century
This course explores the use of evidence-based management for effective planning and decision-making by today’s healthcare managers. Concepts and theories from the general management literature will be identified for dealing with the emerging issues of the health care industry relating to the delivery of effective, patient-centered care. Field-based examples will be used to illustrate how managers use available information and data to improve the quality of organizational decisions and processes to achieve fiscal sustainability.
Legal Environment of Business
This course studies the importance of law and legal institutions on commerce workings of administrative law, various aspects of employment legislation and other areas of the healthcare environment.
Financial Reporting and Analysis
This course uses a comprehensive treatment of analysis of health services organizations’ financial statements as aid for decision making; looks at current state of financial reporting practices and impact of published statements on economic systems.
This course is the analysis and application of theory and problem solving for marketing management in the healthcare environment. Emphasis will be on the role of marketing in an organization, planning the marketing effort, management of marketing effort, management of marketing organizations, control of marketing operations, and evaluations of the marketing contributions.
Accounting for Managers
This course is a presentation of the nature, techniques, and uses of accounting from the perspective of people who manage health services organizations. It covers both financial and management accounting.
This course covers analysis, design, and operations organizational systems. The system approach is used to provide a framework or general model of analysis, to which specific concepts, quantitative techniques, and tools can be related.
Organization Information Systems
This course provides an introduction to information systems and their role in health services organizations from a user's viewpoint. It surveys and reviews applications of the basic concepts necessary for understanding information systems. It includes study of the main activities in the development cycle used to acquired information systems capabilities.
In-depth examination of asset, liability and capital structure management, with emphasis on valuation capital budgeting techniques; risk evaluation; working capital management, and methods of short-term, intermediate and long-term financing. Prerequisite: ACG 6026 or equivalent
Economic and Decision Analysis in Health Services
Using economics as a tool, this course analyzes specific world-wide health care problems and functioning of global health care markets.
Financing & Reimbursement of Health Systems
In this course financing models for health delivery systems are examined. Reimbursement strategy of Medicare, Medicaid and other third party payers are analyzed.
The use of cases, guest lectures, and gaming to integrate the analysis and measurement tools, the functional areas and health policy issues. The objective is to develop skill in broad area of rational decision-making in an administrative context of uncertainty.
Health Policy and Economics
This course examines the impact of government, private sector, and interest groups on priority setting in global health policymaking and national health strategies using basic economics principles.
Master’s Project in Management
Each student will conduct a research project on a specific health care management problem in a community or institutional setting. Students are expected to demonstrate the application of the theories, concepts and skills acquired during the didactic portion of their graduate healthcare management education. It is an opportunity for the student to integrate prior learning within a healthcare delivery setting.
The cohort-based program, along with the broad, team-focused curriculum provides an unlimited opportunity to interact with fellow classmates and build lasting relationships. In addition to the curriculum, students will participate in on-campus residencies which focus on strengthening skills in team building, leadership, critical thinking, and Lean Six Sigma.
Lean Six Sigma
Lean Six Sigma is a powerful, proven method of improving business efficiency and effectiveness. In a nutshell, here are the key principles of Lean Six Sigma Business Transformation to bear in mind:
- Focus on the customer's true needs and wants.
- Learn Critical Thinking skills to identify and understand how the work gets done in the value stream.
- Manage, improve and smooth the process flow.
- Remove Non-Value-Added steps and waste.
- Manage by fact and reduce variation.
- Involve and equip the people in the process.
- Undertake improvement activity in a systematic way.
The curriculum is a set of techniques and tools for process improvement. It was developed by Motorola in 1986. Jack Welch made it central to his business strategy at General Electric in 1995. Today, it is used in many business sectors.
Six Sigma seeks to improve the quality of process outputs by identifying and removing the causes of defects (errors) and minimizing variability in manufacturing and business processes. It uses a set of quality management methods, mainly empirical, statistical methods, and creates a special infrastructure of people within the organization ("Champions", "Black Belts", "Green Belts", "Yellow Belts", etc.) who are experts in these methods. Each Six Sigma project carried out within an organization follows a defined sequence of steps and has quantified value targets, for example: reduce process cycle time, reduce pollution, reduce costs, increase customer satisfaction, and increase profits.
The FIU residency/orientation program offers students the ability to acquire both the yellow and green belts as a part of their tuition and at no extra cost. (This is a potential cost savings of thousands of dollars if the same instruction was given in the private sector). The students receive instruction from a grand master black belt who has literally written the book on the subject!
Our convenient, accelerated, Saturday-only Healthcare MBA program offers a great schedule for completing your MBA:
- The program requires 42 credit hours of coursework along with the successful completion of program residencies.
- Classes are held at our downtown Miami state-of-the-art facility (Fall Cohort) and our Broward location (Spring Cohort).
- Classes meet on Saturdays only in a hybrid format.
- The time to completion is eighteen months.
HCMBA Spring 2016 Schedule
Classes Begin January 9, 2016
New Student Orientation: Friday, December 4th
Residency 1: Saturday, December 5th through Wednesday, December 9th
- Team Building, Presentation Skills, Writing Skills, Oral Communication, Leadership, Innovation, Excel Fundamentals
Residency 2: Saturday, March 5th through Wednesday, March 9th
- Accounting Skills, Quantitative Skills, Lean Six Sigma Yellow Belt Certification
Residency 3: Saturday, October 15th through Wednesday, October 19th (Optional)
- Lean Six Sigma Green Belt Certification
*Attendance is mandatory for New Student Orientation and all Residency 1 & 2 dates.
The Advanced Certificate in Global Health Care Administration: International Study Program provides students with broad-based knowledge in global health, and can serve as a valuable job qualification that will help distinguish our students in an increasingly competitive job market. Awarded through the FIU Heath Care MBA program, the certificate is open to any graduate student at FIU or alumnus who participates in any one of the HCMBA travel abroad programs. Unlike other university travel programs, this one is not simply “academic tourism.” Instead, students are provided meaningful site visits in the foreign venue accompanied by a rigorous curriculum. The global travel program is designed to enhance and supplement the core curriculum in the HCMBA program.
In conferring the certificate, the FIU Heath Care MBA program recognizes a student’s capacity to work in the field of health care with an increased global health perspective. To earn the certificate: students must attend a scheduled travel program; attend pre and post trip sessions when scheduled; complete all assigned readings; and submit a final paper or written health policy analysis.
This is a non-credit course.
Average years of experience: 6.5 years
Average age: 31
Average class size: 40
Average GPA: 3.30
Both students and graduates represent a wide array of clinical and non-clinical areas of the sector and are employed by organizations such as:
Baptist Health South Florida
Memorial Healthcare System
Blue Cross Blue Shield
Jackson Health System
Miami-Dade County Health Department
Leon Medical Centers
Program Completion and Employment Rates:
All information provided is based on last completed academic year, 2014 – 15.
Completion rate: 85%
Employment rate: 100%
- Healthcare MBA October 2015 Presentation
- Research Abstracts
- White-Paper: “Burwell v. Hobby Lobby Stores – The Supreme Court Holds that the Religious Freedom Restoration Act Trumps the Affordable Care Act,” forthcoming, Journal of Contemporary Health Law and Policy (2015).
- White-Paper: “Noneconomic Damages Caps in Wrongful Death Medical Malpractice Cases – Are They Constitutional?” 14 Florida State University Business Review 31 (2015).
- White-Paper: “The U.S. Supreme Court Decides Six Patent Cases in 2014, Culminating in Alice Corp. v. CLS Bank International, ” 23 Texas Intellectual Property Law Journal 183 (2015); “Marvel, Cisco, and Teva: The Supreme Court Decides Three Patent Cases in 2015, Respecting Stare Decisis,” forthcoming, 24 Texas Intellectual Property Law Journal (2016).
To be eligible for admission to the Healthcare MBA program, prospective students must:
- Possess a minimum of four (4) years professional full-time work experience (post undergraduate graduation).
- Hold a 4-year Bachelor’s degree from a regionally accredited institution. In the case of foreign students, a Bachelor’s degree from a well-established institution of higher learning that is authorized to grant degrees by appropriate authorities in that country, is required.
- Minimum GPA (Grade Point Average) of 3.0 on the last 60 upper-division credits.
- Although the GMAT or GRE is not required for this program, you may be asked to take it to strengthen your admission package.
- Be in good standing with all previously attended colleges and universities.
- TOEFL or IELTS exam is required if a graduate is from a non-English speaking country. Achieve a minimum of 550 on the paper-based TOEFL, 213 on the computer-based TOEFL, 80 on the Internet-based TOEFL, or 6.5 on the IELTS exam.
- Provide two letters of recommendation from professional contacts on your motivation for attending the program.
- Provide a personal statement on your motivation for attending the program, including personal and career goals.
- Graduate application for admission, along with non-refundable application fee of $30.
- Official transcript(s) from all previously attended colleges and/ or universities. Transcripts must be sent directly to the Chapman Graduate School Admissions office by all formerly attended institution(s) in a sealed university envelope. (Not required for FIU alumni.)
- Official proof of degree: A notarized copy of the original diploma is required if the degree is not posted on the official transcript(s).
- Résumé. Four years of professional work experience is required.
- Official test scores sent directly by the testing office.
- Statement of purpose outlining your professional goals and objectives in pursuing the Healthcare MBA degree at FIU.
- Two professional letters of recommendation from employees, faculty or professional associates.
- U.S. applicants: proof of U.S. residency/citizenship.
- Florida Residents: Two proofs of residency. Documents must be dated one year prior to the term you are seeking admission.
- International applicants and applicants who did not obtain a degree in the U.S. must submit additional documents listed at http://business.fiu.edu/
- To expedite the application process, be sure to submit your application’s supporting materials to the Healthcare MBA Program, even though you are applying online using the university’s graduate online application form.
Submit all materials to
Associate Director of Admissions & Recruiting
Health Management Programs
1101 Brickell Avenue, Suite S300
Miami, Florida 33131
*Meeting minimum requirements does not guarantee admission to the Healthcare MBA program.
Tuition and Scholarships
Tuition for the Professional MBA program for the 2015-2016 academic year (pending approval) is $52,000 for Florida residents and $54,000 for non-residents.
Students pay for courses at the beginning of each semester. A $500 nonrefundable professional development seminar fee is due upon acceptance into the program. The remaining balance is payable on a semester basis. Payments are due the first class day of each semester.
HCMBA tuition covers:
- all e-books, software and other educational materials
- university fees
- parking fees
- professional development seminars
- professional healthcare association membership
- professional healthcare associations' meetings
Students who leave the program will not be refunded any tuition fees already incurred as a result of previous classes taken during the program or from current classes registered at the time of withdrawal.
Because state law prohibits the university from extending credit, fee payment cannot be delayed beyond the start of classes or financed by HCMBA program or the university. An exception to the advance payment policy will be made only for those who have been awarded financial aid by the university (scholarship, fellowship, loan) and granted a deferment. To find information on scholarships and aid, please visit our financial aid page.
If you expect to receive aid from other sources, for all or part of the program, but will not receive aid in time to meet the advance payment deadline, you should arrange for financing through a bank or other financial institution to ensure that your program fees are paid on a timely basis.
All fees are subject to change. To view the payment schedule please click here
For more information please visit our Financial Aid page.
Source: Bureau of Labor Statistics: Occupational Outlook Handbook
For information, or to apply to the Healthcare MBA, please contact at email@example.com or 305-779-7900.