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Degree Title

Master of Business Administration

Apply by:

Aug. 1

 

To begin:

Aug 26, 2024

Overview

Transform the future of healthcare through the power of business. With an online MBA in Healthcare from FIU, you will learn the complex business and leadership skills required to advance your career in the healthcare industry.

Earn your Healthcare MBA in just 18 months and explore current issues and practices in this rapidly changing field. You'll gain specialized knowledge in financing and reimbursement of health systems, federal and global health policy processes, legal issues facing providers, and effective decision-making for healthcare managers, executives, and senior administrators. You will also learn Visual Analytics with Tableau to transform data into actionable insights and further establish your position as a leader and agent of innovation within your organization.

Additionally, you’ll gain hands-on experience and multiple certifications in our Program Residencies. Program residency topics and certifications include:  

  • Healthcare Economics
  • Oral Communications
  • Lean Six Sigma Yellow and Green Belts certification
  • Excel and Statistics Fundamentals
  • Accounting
  • Centers for Medicaid and Medicare Services (CMS) certification
  • Professional Development with Business Career Management
  • Analytics
  • Leadership
  • An optional global travel program to study abroad and complete the Advanced Certificate in Global Healthcare Administration

These residencies are designed to enhance your professional skills and expand your networking opportunities with classmates, faculty, senior healthcare executives and an alumni network of more than 300 healthcare professionals. Through the optional global travel program, you'll gain a broader perspective on international health issues and earn an Advanced Certificate in Global Healthcare Administration to further distinguish yourself in the healthcare job market.

Take the next step.

Your FIU Online experience is a shared one, with guidance and feedback from world-class faculty, and innovative, collaborative technology that is accessible anywhere to allow you to pursue your degree in the way that works best for you. Finally, our program is designed with the “end” in mind to fully prepare you for a successful career. The program’s final course gives students the opportunity to write a research paper on an approved topic in the field and complete a Health Policy Analysis Report. Students work directly with a healthcare institution to address real case problems and present findings to the organization’s healthcare executives.

 

  • Why Apply?


    A Premier Business Education

    FIU's Alvah H. Chapman Graduate School of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB International) and the Commission on Accreditation of Healthcare Management Education (CAHME). AACSB-accredited schools have the highest quality faculty, relevant and challenging curriculum, and provide educational and career opportunities that are not found at other business schools. Find out more about AACSB accreditation.

    CAHME-accredited programs undergo a voluntary peer review process to verify program and curriculum quality. Of all the graduate healthcare degree programs in the world, only 124 have received CAHME accreditation. Achieving this accreditation requires the highest level of program excellence and dedication to continuous improvement. In addition, an AACSB- or CAHME-accredited degree is required for aspiring military-track Health Care Administrators, and recruiters prefer graduates from accredited degree programs for top managerial, senior administrative and C-suite level healthcare positions. Find out more about CAHME accreditation.

    Alumni and students who enrolled in graduate programs through the Alvah H. Chapman Graduate School of Business have access to  Business Career Management services. Self-assessment tools that enhance continuing development, evaluation and implementation of your personal career plans, individual student advising, résumé referrals, and much more are offered.


    Immersive Global Travel Opportunities

    Examine and analyze health care systems in another country and earn an Advanced Certificate in Global Health Care Administration through our international study program.


    Build a Professional Network of Healthcare Executives

    • Build a professional network of healthcare executives
    • Paid membership in the American College of Healthcare Executives (ACHE)—the premier healthcare organization for business executives
    • Networking opportunities paid by program to encourage engagement with business community
    • Business Healthcare Alumni Affinity Council—engagement opportunities for Healthcare MBA students
    • Over 300 Healthcare MBA alumni working in healthcare

    FIU’s Healthcare MBA degree is eligible for American Medical Association PRA Category 1 Credit (25 credits) as a Medically Related Advanced Degree.  Any physician (individual who has completed an MD, DO or equivalent medical degree from another country) is eligible to apply for direct credit activities.  


    Degree Objectives

    The fast-track MBA in Healthcare Management can be completed in just 18 months, with courses delivered fully online. Students interact with world-class faculty and senior healthcare executives to build a powerful network of healthcare industry connections. Upon completion of the program, you should be able to independently:

    • Evaluate the financial position of health services organizations through the examination of balance sheets, cash flow statements and budgets.
    • Use team building and collaborative behaviors to accomplish group tasks.
    • Recognize and analyze ethical problems.
    • Choose and defend resolutions for situations that occur within the healthcare industry.
    • Critically analyze complex business issues and recommend sound solutions, in local and global environments.
    • Demonstrate IT competency as an enabler of business strategies in all functional areas.
    • Make decisions that meet expectations and requirements of an organization’s stakeholders.


    Class Profile 

    Demographics

    All information provided is based on academic year 2019-2020.

    • Average years of experience: 7 years

    • Average age: 30

    • Average class size: 35

    • Average GPA: 3.40

    Both students and graduates represent a wide array of clinical and non-clinical areas of the sector and are employed by organizations such as:

    • Johnson & Johnson
    • Department of Veteran Affairs
    • Humana
    • Blue Cross Blue Shield
    • Leon Medical Centers
    • AvMed
    • Baptist Health South Florida
    • Broward Health
    • Chen Med
    • Cleveland Clinic
    • Jackson Health System
    • Memorial Healthcare System
    • Mercy Hospital
    • Miami-Dade County Health Department
    • Mount Sinai
    • Tenet Health


    Program Completion and Employment Rates

    All information provided is based on last completed academic year, 2019-2020.

    • Completion rate: 92%

    • Employment rate: 90%


    Industry Statistics

    As the large baby-boom population ages and people remain active later in life, the healthcare industry will see an increase in the demand for medical services, including nursing care facility administrators and managers to organize and manage medical information. In 2020, the median
    annual wage of medical and health services managers was $104,280, and employment for these managers is expected to grow by 32 percent by 2029 (Occupational Handbook, Bureau of Labor Statistics).

    ii. Florida International University’s College of Business is accredited by The Association to Advance Collegiate Schools of Business (AACSB International). AACSB accreditation represents the highest standard of achievement for business schools worldwide.

    Commission on Accreditation of Helthcare Management Education

    AACSB Accredited

  • Courses

    Program Curriculum

    The online program 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 and at the same time fosters learning at an accelerated rate using a cohort-based model. The program requires successful completion of all core courses with a minimum 3.0 GPA throughout the program, and three mandatory non-credit residencies (120 hours). It is delivered in an 8-week format and students take two courses at a time.

    Accounting for Managers ACG 6026
    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.

    Corporate Finance FIN 6406
    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.

    Managerial Decision Making in Health Economics MAN 6097
    Managerial health economics focuses on supply and demand of health resources and the constraints that limit them. Government roles in public health also are analyzed.

    Financial Reporting and Analysis ACG 6175
    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.
    Prerequisite: ACG 6026 and FIN 6406.

    Management of Healthcare Finance and Reimbursement MAN 6098
    In this course, the history of financing models for health delivery systems are analyzed and evaluated. Reimbursement includes insurance, governmental assistance and the affordable care act.

    Healthcare Fraud and Abuse Law and Regulation BUL 6605
    This course is intended to cover the healthcare fraud and abuse laws and management of issues related to the prosecution and defense in federal and state systems.

    Legal Environment of Business   BUL 6810
    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.

    Management of Healthcare Organizations in the 21st Century MAN 6095
    This course explores the use of evidence-based management for effective planning and decision-making by today’s healthcare managers. Topics include management concepts and theories as they apply to emerging issues in the healthcare industry and the use of data to improve organizational decision-making. 

    Marketing Management in Global Environment  MAR 6805
    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; including planning, management, control and evaluation of marketing efforts.

    Master’s Project in Management MAN 6974
    Each student will conduct a research project on a specific healthcare 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.

    Operations Management MAN 6501
    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.

    Organizational Behavior MAN 6245
    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.

    Organization Information Systems MAN 6830
    This course provides an introduction to information systems and their role in health services organizations from a user's viewpoint; includes surveys and reviews applications of the basic concepts necessary for understanding information systems.

    Strategic Management  MAN 6726
    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.


    Residency Information 

    Part of what sets FIU's online Healthcare MBA apart from other online programs is that it incorporates three residencies, which add critical educational and networking opportunities for students to interact with classmates, alumni, faculty, and industry professionals. Students are responsible for transportation. However, meals and registration are covered by the program. Lodging is covered by the program for all students residing outside of a 30-mile radius from the residency locations. Students will be trained by a Lean Six Sigma Grand Master Black Belt Instructor to earn their  Lean Six Sigma Yellow and Green Belt designations as a required part of the residencies.

    Students are required to complete 120 hours of residency as follows: 

    All students are required to complete three residencies. Residencies are offered in an on-campus/online format.

    Global Travel Program

    Advanced Certificate in Global Healthcare Administration (* optional non-credit course)

    The Advanced Certificate in Global Healthcare 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 Healthcare 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 Healthcare MBA program recognizes a student’s capacity to work in the field of healthcare 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.

    * travel not included in tuition

  • Requirements

    To ensure every student’s success, we have certain admissions requirements for each of our programs. To help you through the application process, our enrollment advisors are here to answer your questions and guide you every step of the way.


    Admissions Requirements

    • Two years of professional work experience. Professional experience is determined on a case-by-case basis using a resume and any requested supporting documents. Our admissions committee evaluates an individual's accomplishments, roles, and responsibilities to determine the total number of years of professional experience. FIU considers the individual's managerial responsibilities, role in setting direction and strategy, and his/her role in allocating resources. Normally, professional experience begins at the point of graduation; however, FIU may consider prior work experience based on the type of experience.

    • Four-year US bachelor degree or equivalent from an accredited institution

    • Undergraduate grade point average (GPA) of 3.0 or higher for the last 60 hours of upper division coursework

    • Although the GMAT or GRE is not required for this program, you may be asked to take it to strengthen your admissions package.

    • Good standing with all previously-attended colleges and universities. 

    Please note that meeting the minimum requirements does not guarantee admission to the online Healthcare MBA program.

    For application inquiries, contact us: 
    Phone: 305.348.3125 or 1-(855)-FIU-Online
    E-mail: onlineprograms@fiu.edu


    International Students

    • If you earned a bachelor degree in a country whose official language is not English, you must demonstrate English language proficiency by earning a passing score on the Test of English as a Foreign Language (TOEFL) or the International English Language Testing System (IELTS). TOEFL required minimum score: 550 (paper-based exam) or 80 (internet-based). IELTS required minimum score: 6.5. View a list of TOEFL/IELTS-exempt countries.


    Admissions Documents

    The following must be submitted:

    • Online master's programs application ($30). Be sure to select Professional MBA with concentration Healthcare Management Online.

    • Official transcripts from all previously attended universities. A copy of the diploma is needed if the degree is not posted on the transcript. 

    • Current and detailed résumé.

    • Statement of Purpose describing your professional goals and reasons for pursuing this degree at FIU (at least 500 words in length).

    • Two professional letters of recommendation.

    • Florida residents: copies of two (2) documents confirming that you have maintained residence in Florida for the past 12 months. Please view affidavit form and list of acceptable documents here.

    Once a candidate is accepted into FIU's online Healthcare MBA program, he or she will be required to submit a non-refundable $200 admission deposit, which will be applied toward the total program cost. 


    International Students

    • Official TOEFL/IELTS passing scores, if required. When requesting official scores, please refer to FIU Institution code 5206. TOEFL / IELTS scores are valid for two years.

    • Official transcript translation. If official transcripts are not in English, a second copy of the transcript must be requested for translation by an official translation agency. Both the official translation, as well as the original transcripts, must be submitted to FIU.

    • A copy of diploma (an official copy may be requested in certain cases).

    Official transcripts/translations must be submitted directly by the respective institution(s) in electronic format or mailed in a sealed institution envelope to: 

    FIU Online
    Florida International University
    11200 SW 8th Street, MANGO 540
    Miami, FL 33199

  • Tuition

    Pursuing your graduate degree is one of the best investments you can make – one that will open doors to personal and professional opportunities. Our tuition costs represent some of the best value in higher education, and we also offer financial aid support to help you reach your goals.

    The total cost of the online Healthcare MBA program is $59,892.00 for Florida residents and non-Florida residents.

    An admission deposit of $200 is due upon acceptance into the program and is applied toward your tuition.

    Students pay for courses at the beginning of each semester. Every Fall and Spring semester has four courses that are split into two 8-week terms and the Summer semester has two courses completed in one 8-week term. Students pay for a total of four courses at the beginning of each semester. Each course costs $4,278.00. Please note, tuition and fee amounts vary by term and all amounts stated are subject to change. Please click here for payment schedule.

    $10,000 Merit Scholarship

    This $10,000 scholarship was designed to reward individuals who have shown exemplary academic and work achievements.

    To be eligible for the Healthcare MBA Merit Scholarship:

    • Individual must be admitted into the Healthcare MBA program (effective Fall 2020 and after)
    • Possess a minimum undergraduate upper-division GPA of 3.400 and 3 years of professional work experience in healthcare
    • Application must be submitted by the following deadlines:
      • July 15th for Fall semester applicants*
      • December 1st for Spring semester applicants*
    • Applicant must be an incoming student (first semester only). Scholarships will not be prorated if applications are received after the designated deadlines.

    All scholarship documents should be submitted to Lynette Diaz at ladiaz@fiu.edu.

    To download the application form for any of these scholarships, please click here.

    All scholarships are subject to change, are competitively merit-based and subject to availability.

    Academic Works

    FIU offers Academic Works, a website that matches students with relevant scholarship opportunities.  Find the one that’s right for you!  Academic Works is an online scholarship application tool where FIU students can browse and apply for more than 100 scholarships, made possible by the generosity of FIU alumni and friends.  Students can apply after they are matriculated into one of our programs.  For more information visit foundation.fiu.edu/scholarships.


    Opportunities for Fellowships, Internships and Scholarships

    For information on nationwide and local fellowships and internships, as well as other scholarship opportunities, please click here.


    Other Resources

    There are other third party resources that prospective students can access while researching on how to pay for school.  Below are various links that provide more information on financial aid and scholarship opportunities:


    Federal Financial Aid

    For information on Federal Financial Aid and the Free Application for Federal Student Aid (FAFSA), please visit our financial aid page.

    Read more about financial aid options for this program. 

    Other Resources

    There are other third party resources that prospective students can access while researching on how to pay for school.  Below are various links that provide more information on financial aid and scholarship opportunities:

  • Top Faculty

    Abhijit Barua

    Morrison, Brown, Argiz, & Farra, LLP Professorship in Accounting
    Doctor Director, School of Accounting
    Director, Center for Accounting, Auditing and Tax Studies  
    Associate Professor
    School of Accounting
    Modesto A. Maidique Campus, MANGO 342
    (305) 348-3404  
    baruaa@fiu.edu

    Min Chen

    Assistant Professor
    Department of Information Systems and Business Analytics
    Modesto A. Maidique Campus, RB 204A
    (305) 348-4201  
    mchen2@fiu.edu

    Gloria Deckard

    Director, Master of Science in Health Informatics and Management Systems
    Associate Professor
    Department of Information Systems and Business Analytics
    Modesto A. Maidique Campus, RB 258B
    (305) 348-0429  
    deckardg@fiu.edu

     

    Sue Ganske

    Clinical Professor
    School of Accounting
    Modesto A. Maidique Campus, MANGO 313
    (305) 348-2581  
    sganske@fiu.edu

     

    Paulo Gomes

    Assistant Professor
    Department of Information Systems and Business Analytics
    Modesto A. Maidique Campus, RB 254B
    (305) 348-4610  
    pgomes@fiu.edu

     

    Attila Hertelendy

    Instructor
    Department of Information Systems and Business Analytics
    Modesto A. Maidique Campus, RB 250
    (305) 348-2830  
    ahertele@fiu.edu

     

    Curba Lampert

    Assistant Professor
    Department of Management & International Business
    Modesto A. Maidique Campus, MANGO 445
    (305) 348-4929  
    curba.lampert@fiu.edu

     

    Yi Yi Lao

    Assistant Professor
    School of Accounting
    Modesto A. Maidique Campus, MANGO 322
    (305) 348-2581  
    yilao@fiu.edu

     

    Suchismita Mishra

    Knight Ridder Center Research Fellow
    Associate Professor
    Department of Finance
    Modesto A. Maidique Campus, RB 208B
    (305) 348-4282  
    mishras@fiu.edu

     

    Jayati Sinha

    Assistant Professor
    Department of Marketing
    Modesto A. Maidique Campus, RB 341B
    (305) 348-7573  
    jsinha@fiu.edu

     

    Krishnamurthy Surysekar

    Associate Professor
    School of Accounting
    Modesto A. Maidique Campus, MANGO 341
    (305) 348-3259  
    suryseka@fiu.edu

     

    Miriam Weismann

    Academic Director, COB Healthcare MBA Program
    Clinical Professor
    School of Accounting
    Modesto A. Maidique Campus, MANGO 316
    (305) 348-2581  
    mweisman@fiu.edu

     

    Weidong Xia

    Knight Ridder Center Research Fellow
    Associate Professor
    Department of Information Systems and Business Analytics
    Modesto A. Maidique Campus, RB 250
    (305) 348-1160  
    xiaw@fiu.edu

fiuonline.fiu.edu

42 Credits Required

fiuonline.fiu.edu

$59,892.00 Tuition Cost

* Total tuition and fees are subject to change.

Highlights

  • 18-month online program
  • $10K merit scholarship available
  • Three residency requirements
  • Program includes certification in Lean Six Sigma yellow and green belt and Centers for Medicaid and Medicare Services (CMS)
  • Global Travel Program with option to earn Advanced Certificate in Global Healthcare Administration
  • #1 In Florida - Best Online Master's Program (U.S. News and World Report’s Best Online Program Ranking)
  • #10 In Nation's - Best Online Graduate Business Programs (U.S. News and World Report’s Best Online Program Ranking)
  • Accredited by the Commission on Accreditation of Healthcare Management Education
  • Accredited by the Association to Advance Collegiate Schools of Business
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