Questrom School of Business – Boston University

Boston University Health Sector MBA Program Structure

After the one-week Pre-Core that helps prepare students for the Boston University MBA curriculum, students begin classes in early September, with the semester concluding in mid-December. Spring classes begin after a three-week winter break and wrap up in early May. First-year students split their first two semesters into shorter modules: in the fall, students complete two 7.5-week core modules, while in the spring they take a one-week course on business law, a 7.5-week core module and a 6.5-week exploration module dedicated to electives. Second-year classes meet for the entire semester. Internships between the first and second year are required and must be approved by the Graduate Programs Office.

Curriculum

The Boston University Health Sector MBA consists of 64 credits in total, including 34 credits of required core courses. If students hold professional certifications such as a CPA or pass an examination, some of these core courses can be waived. After a one-credit Pre-Core course covering topics like ethics, teamwork and analytical thinking, students divide into 50- to 55-member cohorts that take all core courses together.

The first semester consists of two modules with three courses each, lasting 7.5 weeks. In Core Module 1, students take: Organizations, Markets, and Society; Business Analytics (Data Analysis and Risk); and Financial Reporting and Analysis. In the second half of the semester, Core Module 2, students take Creating Value through Operations and Technology; Marketing Management and Finance 1. At the start of their second semester, students must complete an intensive two-credit class on business law . Following these week-long classes is Core Module 3, another 7.5-week block consisting of three courses: IT Strategies for a Networked Economy; Leading Organizations & People; and Competition, Innovation & Strategy. Students round off this semester with three three-credit electives that last for 6.5 weeks.

During their second years, students complete the required Ethical Leadership in a Global Economy, Professional Skills, and the Global Engagement Experience. Students finish the year and the rest of their remaining credits through electives. Students are encouraged to apply for concentrations during their second semester to take full advantage of the many activities sponsored by the respective departments and institutes.

Concentrations are open to Health Sector MBA students, though not required. After completing four to five electives in their chosen area, students can earn a Certificate of Concentration upon graduation. Concentration options include: Energy and Environmental Sustainability, Entrepreneurship, Finance, Leadership and Organizational Transformation, Marketing, Operations and Technology Management and Strategy and Innovation. Health Sector MBA students also have the option of completing a joint degree. The two programs offered jointly with the Health Sector MBA are the MD and the Master of Public Health. Joint degrees require additional credits and often take longer to complete but can be done on a full-time or a part-time basis.

Class Profile

The most recent Boston University full-time MBA class featured 159 students. The mean work experience for enrolled students was five years and the mean age upon matriculation was 27 years old. The mean undergraduate GPA was 3.3 and the mean GMAT was 682. Nearly 43 percent of the class was female and 34 percent were international students.

A full 48 percent of students in the class held undergraduate degrees in computer science, engineering, business, accounting, economics or finance. About 37 percent have degrees in the humanities or social science, while 15 percent obtained degrees in math or hard sciences.

Careers

Starting with the Pre-Core week in August, MBA students partner with the Feld Career Center (FCC). All students are required to pass the MBA Career Management course that focuses on helping students develop key professional skills and preparing them for internships and the job search process. In addition, students work with a dedicated career counselor who offers one-on-one coaching and strategy sessions. Along with organizing employer information sessions and other smaller on-campus recruiting events, the FCC hosts three career fairs, with one in the fall and two in the spring. Students can also attend alumni networking events, industry panel discussions and company Learn@Lunch sessions to bolster their networks and career opportunities.

For those in the Health Sector MBA program, the school also organizes student-to-student and alumni-to-student mentorship opportunities. Second-year students who have completed their health industry internship can sign up to mentor first-year students. Similarly, alumni of the program can offer to mentor current health sector students on their career prospects and objectives.

Within three months of graduation, 99 percent of the Class of 2016 accepted a job offer. The average salary for Health Sector Management students was $95,366 with an average signing bonus of $20,714. Employers in the health sector included Brigham & Women’s Hospital, Phillips Healthcare and Providence Health & Services.

Tuition & Financial Aid

For the 2017-18 academic year, the tuition for Boston University Health Sector MBA students is $51,916 and $886 for fees. As for other expenses, the BU Questrom School of Business estimated room and board at $13,375, books and supplies at $1,574 and other incidentals at $4,396.

Massachusetts law requires all students who carry at least 75 percent of the full-time curriculum to have medical insurance. Students who cannot demonstrate coverage under a qualifying medical insurance plan are required to purchase the University’s student health insurance plan. The cost of BU Medical Insurance for the 2016-17 academic year is $2,045.

The admissions committee automatically considers students for a variety of merit scholarships based on an applicant’s academic, professional and extracurricular accomplishments. The school reports that for the class entering in Fall 2015, more than 90% of students received some form of financial assistance through the school, with the average scholarship amount at $25,000.  Military veterans, meanwhile, are encouraged to apply to the Yellow Ribbon program, which offers up to $2,600 per student per semester to the first 20 eligible students that apply.

U.S. citizens and permanent residents can apply for federal student loans. BU also shares information with students on alternative private loans they can explore.

Admissions Procedures

To apply to the Boston University Health Sector MBA, applicants should submit an online application form, two letters of recommendation, a current resume, all undergraduate and graduate transcripts, GRE or GMAT test scores, three video essays (or one written essay), and an application fee of $125. International applicants who do not come from an English-speaking country or who did not graduate from a college in an English-speaking country must also submit TOEFL, IELTS or PTE scores.

Application Deadlines

Deadline dates for the incoming class cohort have not been updated as of yet.