The Best Healthcare Management MBAs in Texas
As the nation’s second-largest field of employment, healthcare is a fast growing and rapidly changing industry expected to be worth trillions in the near future. A job in healthcare can represent any number of opportunities from working in a hospital to working for a government agency, insurance organization, consulting firm, group practice, pharmaceutical company, or biotechnology firms. In each of these areas, there’s a massive need for well-qualified individuals who can respond to critical problems. That’s where a healthcare management career can be valuable.
As a healthcare manager, you’ll be responsible for managing and coordinating health services while working closely with physicians and administrators to best represent your facility. It’s a rewarding career field with a positive job outlook—employment is expected to grow much-faster-than-average, according to the Bureau of Labor Statistics.
If this sounds like the career for you, one of the first steps is to earn your Healthcare Management MBA. A Healthcare Management MBA provides students with in-depth expertise on the unique elements required to work in the healthcare industry.
As for where to earn your degree, here are the best Texas healthcare MBA programs.
Dallas
Naveen Jindal School of Management – University of Texas at Dallas
In Dallas, the Naveen Jindal School of Management is known for its healthcare focus. Not only does the school offer a Master of Science in Healthcare Leadership and Management, which is a flexible evening program that can be completed in 18 to 24 months, but MBA students can also choose the Healthcare Leadership and Management concentration. This MBA concentration prepares students for leadership positions in healthcare and is a cross-functional and industry-focused option.
What makes the Healthcare Management MBA concentration stand out at Naveen Jindal is the fact that classes are taught by faculty and healthcare executives who have the specialized expertise and experience needed to train up-and-coming graduates. In addition, students can participate in the Healthcare Management Association (HMA) to cultivate industry experience, networking opportunities, and healthcare resources. The school also offers a Healthcare Management Executive MBA for current physicians who are looking to expand their skillset.
Hankamer School of Business – Baylor University
At the Baylor University Hankamer School of Business in Dallas, there’s a specialized MBA in Healthcare Administration. This degree path is offered in conjunction with the Robbins Institute for Health Policy and Leadership and gives students the opportunity to gain an interdisciplinary foundation in health services and business. The MBA program is nationally recognized, ranked 17th in the nation in 2016 by the U.S. News & World Report, and ideal for students interested in a healthcare career.
What makes this MBA program unique is that it includes a seven-month paid Executive Residency with a leading progressive health organization. During this residency, students receive guidance from well-qualified, practicing healthcare executives who give them the opportunity to apply and test their knowledge. Also, students can apply for the Executive Healthcare MBA program in Dallas and participate in the Future Healthcare Executives (FHE) student organization.
Neeley School of Business – Texas Christian University
Another opportunity for healthcare-minded MBA students in Dallas is the Healthcare MBA at the TCU Neeley School of Business. This program is designed for current healthcare professionals or individuals who are looking to enter the healthcare industry. It’s offered in partnership with the University of North Texas—Health Science Center and provides an in-depth healthcare focus.
What makes this program unusual is that students can choose a standard MBA (48 credit-hours) or an accelerated MBA (36 credit-hours) depending on their experience in business. In either case, MBA students completed 10.5 credit-hours of healthcare-specific courses as well as 9-10.5 credit-hours of additional business or healthcare electives. Some of the specialized courses include:
- Healthcare in the U.S.
- Population Health
- Legal Aspects of Healthcare
Houston
Rice University – Jones Graduate School of Business
At Rice University in Houston, there are multiple opportunities for MBA students at the Jones Graduate School of Business to develop their healthcare experience. Specifically, the school created a healthcare program that offers practical learning options and multiple healthcare electives. Some of those electives include U.S. Health Care Management, Health Care Strategy, and Health Care Operations Management.
As full-time MBA students, there’s the option to choose the health care concentration, which includes 12 credits, out of 24.5 available, focused specifically on a career in healthcare. Its unique curriculum prepares MBA students for a variety of healthcare settings including pharmaceutical, biotech, and insurance as well as hospitals and private practices. There are also many other ways to learn about healthcare at Rice University including speaker series, panel discussions, and multiple events.
The Jones Graduate School of Business at Rice University offers a wealth of healthcare MBA options, including a MD/MBA dual degree.
Cameron School of Business – University of St. Thomas
In Houston, there’s also an MBA in Health Care Administration offered at the Cameron School of Business. This program is offered in conjunction with Texas Woman’s University (TWU) and gives students the opportunity to obtain the fundamental health services management skills required for a successful career. In addition, there’s an opportunity for a dual Master of Healthcare Administration (MHA) and MBA degree. As part of the program, students take courses at both TWU and UST.
Return on Investment: Getting Your Money’s Worth in Washington DC
Earning an MBA is a big commitment in terms of both time and financial resources. Attending school in Washington, D.C. will open students up to a wealth of job and internship opportunities. However, with the cost of living and education in the financial capitals of the US rising at an alarming rate, choosing a school that will leave you with the smallest debt for the best job prospects is paramount to not being saddled with debt for the next 30 years of your life.
Though a price can’t be put on the value of the stellar education and business acumen you’re sure to get in business school, we can certainly try. Below, we’ve worked out the schools that guarantee the best return on investment in Washington DC metro.
Washington DC MBAs That Offer the Best Return on Investment
University of Maryland R.H. Smith School of Business
At the University of Maryland’s R.H. Smith School of Business, students can earn their degree just eight miles from the White House. Tuition at UMD Smith comes to about $47,004 for in-state residents per year and $56,184 for those from out-of-state. Though the business school’s MBA program may not be considered “cheap,” the average starting salary for MBA’s from the class of 2016 was $95,600—nearly double the annual tuition cost for both in and out-of-state students. This incredibly high average starting salary makes Smith well worth the price. In the past, Smith alumni have landed internships and full-time positions at companies like Amazon, Marriott, and Google. Thus far, majority of Smith MBA grads have gone on to pursue careers in marketing or consulting.
According to the recently released Forbes list of the best MBA programs in the U.S., UMD Smith (46th overall) MBA grads now expect a net-gain of $45,000 five years after graduation, when taking into account the average salary increase, cost of the program, and more.
Perdue School of Business—Salisbury University
Though it is closer to Baltimore than DC, Perdue School of Business MBA students are sure to see a significant return on investment for their education. The tuition is only about about $11,760 for in-state residents and $23,850 for out-of-state applicants. Not to mention the average alumni salary is $56,500, which essentially means the average alum sees a significant return on investment in less than a year. The year-long program is delivered in a hybrid format, so students only need to meet on campus one night per week. Students looking for even greater flexibility can also choose to take 100 percent of courses online. Additionally, students who wish to move at a slower pace can take classes part time and choose their own schedules.
Howard University School of Business
The Howard University School of Business MBA program was the first DC university to earn AACSB International accreditation. Annual tuition for the full-time MBA program per year is a reported $33,996. The total for the two-year program comes to around $70,968. Considering U.S. News puts the average MBA starting salary at $91,084, the return on investment is undeniable. Howard also offers a variety of dual degree programs, including JD/MBA, MD/MBA, BSE/MBA, and more. One unique feature of Howard is its Global Trilateral MBA (GTMBA), which gives students international consulting experience in places like China and South Africa.
The Many Dual MBA Options at the Rutgers Business School
The benefits of an MBA education can often go far beyond just the business world. From medicine to law, a number of industries and professions can utilize and benefit from the skills of an MBA graduate. At the Rutgers Business School, Newark and New Brunswick, there are a number of degree programs that can be paired with an MBA, giving students the chance to take their business training into a variety of fields. Below, we provide a snapshot of the many Dual Degree programs available for Rutgers MBA students.
The Best Drexel LeBow Dual MBA Options
Earning an MBA can be a surefire way to excel in a chosen career. For aspiring industry leaders with a specific field in mind, earning concurrent degrees will provide the edge of having both general business acumen and industry-specific knowledge and experience. To help out, we’ve outlined Drexel University LeBow College of Business’s most exciting Dual MBA programs for competitive b-schoolers looking to get a leg-up in their field.
Dual-Degree Programs: Emory’s Goizueta Business School
If an MBA provides a fast track to a highly paid and powerful position in the business world, just think of the boost a specialized degree paired with an MBA could be toward the career of your dreams!
