MBA - Healthcare Management

8334
Master of Business Administration
Classroom, Online
Yes
Graduate
Florida Tech Online, Main Campus - Melbourne
2017-2018 Catalog
Major Code: 8334 Degree Awarded: Master of Business Administration
Delivery Mode(s): Classroom, Online, Blended Online Age Restriction: No
Admission Status: Graduate Location(s): Main Campus - Melbourne, Florida Tech Online
Admission Materials: GMAT, GRE recommended

The Master of Business Administration - Healthcare Management degree program offers individuals the knowledge to lead healthcare organizations in today's rapidly growing and changing environment.

The specialization provides both current and potential managers information regarding legal aspects of healthcare, financial management in healthcare organizations, information technology in healthcare, and planning and marketing in healthcare institutions. The skills provided are applicable to the many different healthcare organizations in our society.

Curriculum
Program Prerequisites

The following foundation courses are considered prerequisites to this program and will be waived for any student with an undergraduate degree in business or who has taken undergraduate courses in accounting, economics and finance with a minimum grade of B.

  • BUS 5601 Essentials of Business Development 1
    Credit Hours: 3
    Examines necessary tools required to plan and run a successful business venture. Requires integration of concepts, methods and models from accounting, economics and marketing in forming a business plan for a product or service in a case study.
    Requirement(s):
    First course in a two-course sequence.
  • BUS 5602 Essentials of Business Development 2
    Credit Hours: 3
    Builds on . Examines and uses concepts, methods and models from the functional business areas of statistics, finance, management and law. Requires students to integrate each component into a complete business plan.
    Requirement(s):
    Second course in a two-course sequence.
Core Courses

The M.B.A. degree requires completion of a common set of six core courses including the capstone course in strategic management, and an additional two directed electives (BUS 5000-level or higher) chosen with the approval of the faculty advisor. These required courses are designed to prepare the student to respond to the complex business decisions that arise in today's rapidly changing environment. As such, these courses incorporate either case studies or projects that require extensive qualitative and/or quantitative analysis.

  • BUS 5421 Managerial Economics
    Credit Hours: 3
    Provides an understanding of the microeconomic forces that influence firm decision-making. Includes competitive markets and market failure, benefit-cost analysis, demand estimation and forecasting, decision-making under risk and uncertainty, production and cost estimation, and market structure analysis.
  • BUS 5431 Managerial Accounting
    Credit Hours: 3
    Focuses on internal reporting to managers for use in planning and control, in making nonroutine decisions and in formulating major plans and policies. Covers cost-volume-profit relationships, flexible budgets and standards, job order and process cost, and cost allocation and accumulation.
  • BUS 5440 Financial Management
    Credit Hours: 3
    Studies the concepts and tools of corporate financial management and financial planning, including capital budgeting, capital structure and net working capital. Considers the importance of ethics in financial decision-making.
  • BUS 5450 Organizational Behavior
    Credit Hours: 3
    Presents existing research, theories and models explaining how individual and group behavior and processes shape the internal dynamics of organizations. Provides the foundation to understand contemporary debates concerning alternative organizational designs and management practices.
  • BUS 5470 Marketing Management
    Credit Hours: 3
    Examines the tools and techniques of managing marketing activities as well as an analysis of the marketing process. Emphasizes decision-making, the refinement of skills needed to recognize and solve marketing problems, and effective communication of recommendations. Uses case analysis extensively.
  • Directed Electives (BUS 5000-level or higher) Credit Hours: 6
Specialization
  • BUS 5651 Healthcare Policy
    Credit Hours: 3
    Analyzes key contemporary issues in healthcare policy. Includes design and structure of the U.S. healthcare system, policy initiatives and the roles of government, the private sector, consumers and advocacy groups in setting policy agenda.
  • BUS 5653 Information Management in Healthcare
    Credit Hours: 3
    Addresses issues related to the management of information for healthcare practitioners and consumers. Provides insight and experience, and applications of information technology that improve the quality of healthcare communication and delivery, and facilitates healthcare research.
  • BUS 5654 Legal Aspects of Healthcare
    Credit Hours: 3
    Analyzes healthcare business entities and the regulations with which they must comply. Discusses individual right to access, and malpractice and its defense. Examines legal perspectives to starting a new healthcare business venture, and information necessary before entering into a joint healthcare venture.
  • BUS 5658 Healthcare Planning and Marketing
    Credit Hours: 3
    Discusses and applies the concepts of healthcare planning and marketing to healthcare delivery, assessment of community needs and resource planning in both ambulatory and clinical settings. Includes health services planning and trends, demand for and use of health services, research methods and sources of marketing and planning data.
Capstone Course
  • BUS 5480 Strategic Management
    Credit Hours: 3
    In-depth analysis of industries and competitors, and how to build and defend competitive advantages in forming a successful competitive strategy. Case analysis and management simulation convey the multifunctional nature of decision making at the top management level. Augmented by live-case analyses.
    Requirement(s):
    Must be taken in the final semester before graduation.
Total Credits Required: 36