Masters in Health Care Management

What is Health Care Management

Healthcare management is the field relating to leadership, management, and administration of public health systems, hospitals and their networks. Healthcare management has to ensure that department within the group run smoothly, the goals set are achieved, the resources are used efficiently and all are working productively.

Approved programs of study typically require students to complete applied experiences as well as coursework in areas such as population health, healthcare economics, organizational behavior, management of healthcare organizations, healthcare marketing and communications, health policy, financial analysis and management, human resource management, information systems management and assessment, operations assessment and improvement, governance, leadership, statistical analysis and application, and strategy formulation and implementation. The degree program is designed to give graduates of health disciplines (in particular) greater understanding of management issues and prepare them for senior management roles, and is awarded by many American, European, Australian, Indian and Sri Lankan (Postgraduate Institute of Medicine – University of Colombo) universities.

Requirements to Study Health Care Management

Business schools require you to give the GMAT which forms the most important part of your application. Few universities also accept GRE scores in place of GMAT scores. They also require a minimum 2-3 years of work experience (depending on the program you intend to join). IELTS or TOEFL is compulsory for acquiring student visa and as a proof of English proficiency.

Core Subjects in Health Care Management

Students get to know the theory and practical knowledge to achieve the goals of healthcare management. Various subjects include:

  • Introduction to Health Care Management Course
  • Health Care Financial Management Course
  • Legal Issues in Healthcare Management Course
  • Ambulatory Care Management Course
  • Hospital Management Course

Specialisations in Health Care Management

Various Specializations include:

  • Financial Management
  • Manpower Systems Analysis
  • Hospital Management
  • Hospital Human Resources
  • Patient Financial Specialist
  • Program Management
  • Administrative Manager
  • Program Director
  • Business Manager
  • Patient Advocate
  • Practice Manager

Cost of Studying Health Care Management

Although the fees vary from university to university, the average tuition cost for masters in Health Care in the US are $25,000/year. Average living costs vary upto $8900/year. Tuition fees are around C$17000 in Canada. In Australia, average tuition costs are A$33000 / year and the average living costs are A$8,500/year.

Job Prospects after Masters in Health Care Management

United States$58,070 - $240,397$140,108
United Kingdom£29,008 - £111,773£50,800
SwitzerlandCHF 16,752 - CHF 231,207CHF 131,117
SingaporeS$39,453 - S$248,578S$105,704
New ZealandNZ$45,958 - NZ$212,189NZ$96,775
Ireland€29,352 - €117,446€50,479
Germany€12,487 - €102,364€42,000
CanadaC$49,536 - C$245,127C$120,018
AustraliaAU$52,111 - AU$246,635AU$101,724

2019 Top Universities for Masters in Health Care Management

University of St. Gallen
London Business School
University of California – Berkeley
Dartmouth College
University of Lausanne
Harvard University
University of Oxford
City University London
HEC Paris
Massachusetts Institute of Technology
University of Sydney
IÉSEG School of Management, Lille - Paris, France

More Universities to target for Health Care Management in 2019