Business Centered, Healthcare Specific
Overview
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As healthcare provider networks expand and evolve through mergers and acquisitions and the demands of the patient as consumer continue to increase, healthcare needs leaders equipped with the knowledge, skills and savvy understanding to guide the future of this unique industry.
Michigan State University’s Master of Science in Healthcare Management provides talented healthcare professionals with the vital skills and business acumen needed to sustain optimal performance in the complex and dynamic healthcare landscape.
The interdisciplinary curriculum equips graduates to champion collaboration, evidence-based decision making and strategic and tactical thinking in their organizations.
A Business-Based Approach to Healthcare Management, 100% Online
The M.S. in Healthcare Management is offered exclusively online in five-week modules with 24/7 access to an interactive learning environment. No campus visits are required, meaning you can pursue your master’s degree from an internationally recognized research university while maintaining your professional commitments and immediately apply what you learn within your organization.
- 100% online
- Approximately 21 months
- 34 credits
- Collaborative learning environment led by MSU’s renowned faculty and healthcare industry experts
The Broad College of Business has been accredited by the Association to Advance Collegiate Schools of Business (AACSB) since 1953
Required Courses
- HCM 801 Critical Thinking and Innovation in Healthcare
- HCM 802 Cost Analysis in Healthcare
- HCM 804 Financial Management in Healthcare
- HCM 805 Quality, Risk, and Performance Management
- HCM 806 Healthcare Information Systems
- HCM 807 Law and Ethics in Healthcare
- HCM 808 Healthcare Systems and Economic Policy
- HCM 809 Organizational Behavior in Healthcare
- HCM 810 Human Resource Management in Healthcare
- HCM 811 Healthcare Strategic Management
- HCM 812 Supply Chain Management in Healthcare
- HCM 813 Healthcare Services Marketing
- HCM 814 Hospitality and the Patient Experience
- HCM 815 Managerial Epidemiology and Population Health
- HCM 825 Analytics in Healthcare
Capstone Course
Total Courses
Required Courses
30 Credits
Electives
4 credits
Total
34 credits
Tuition
Cost Per Credit Hour
$1,000
Total Credits Needed
34 credits
Tuition is determined by the University and does not include books or other fees that may apply. These rates are subject to change at any time during the program or enrollment process.
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Take the next step in your career with our program guide!
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Admission Requirements
To be considered for MSU’s Master of Science in Healthcare Management, ideal candidates should:
- Be currently employed full-time or have been employed in the healthcare industry (including hospitals, pharmaceuticals, physician associations, surgical centers, medical suppliers, assisted care facilities, device manufacturers, insurance, consulting, or public policy) or at least 3 years of full-time experience in any industry.
- Have a 4-year bachelor’s degree from a regionally or nationally accredited institution.
- Have a cumulative undergraduate grade-point average of 3.00 in the last two years of your program.
- Have a high degree of potential for advancement to an organizational leadership role.
- Have some background knowledge of and exposure to word processing, spreadsheets, and presentations.
- International Applicants click here for more information.
Admission to the program is selective and meeting the minimum standards listed does not guarantee admission. The applicant’s overall record is considered, including the student’s statement of objectives, recommendations, academic transcripts, and other documentation as required.
Applicants must submit the following items:
- $100 non-refundable application submission and transcript fee
- All required application documents
- Transcripts
- Transcripts from Michigan State University are not required. The official undergraduate transcript is required and must include a conferral date from the regional or nationally accredited institution.
- Three letters of recommendations from a professional environment.
- A statement of purpose that describes relevant education, relevant work experience and describes how the applicant intends to apply the degree to his or her career and how this degree will help them achieve their career goals. The statement should be between 250 – 1,000 words.
- Resume (with detailed work experience)
Transfer Credit Policy
- As a rule, the Program does not accept transfer credits and will only review and consider a request to transfer credits in rare and exceptional circumstances.
Who You'll Learn From
Developed by the renowned faculty of MSU’s Broad College of Business – a national leader in management education – in collaboration with healthcare industry experts, the MS-HCM program emphasizes the study and application of healthcare management grounded in a solid business framework. You will have the opportunity to network with and learn from faculty with skills and knowledge applicable to the evolving healthcare industry.
Who You'll Learn With
A collaborative, diverse network of healthcare professionals like yourself who are driven to maximize their career potential and positively impact organizations as they step into the management side of the healthcare industry.
Dr. Andrew Champine,
Director of Behavioral Medicine Education – Internal Medicine
“With healthcare, you’ve got to be aware of what’s changing and adapt to that, and that’s what Michigan State is showing you right now in these classes.”
Robert Bonk
Industry Advisory Board
The M.S. in Healthcare Management program incorporates the professional knowledge of healthcare industry experts through the HCM Industry Advisory Board. Comprised of healthcare and insurance professionals, Advisory Board members serve as ambassadors for the program to the broader community and as advisors to program leaders, faculty and students.
With an overall commitment to improving the healthcare industry, Board members provide career insights and a real-world perspective to students, program improvement advice to faculty, advise program leaders regarding access to high-quality healthcare education and actively engage in philanthropic and scholarship support of the program and its students.
Paula Reichle
- Sparrow Health Senior VP & CFO
Advisory Board Spotlight
The Future of Health Systems in a Shifting Business Environment
What You'll Learn
The M.S. in Healthcare Management program will address the study, application and research of healthcare management within a solid business framework.
The interdisciplinary curriculum grounds students in healthcare-specific courses in disciplines such as economics, law, information systems, marketing, supply chain and human resource management, with emphasis on strategic decision making, analysis and planning, and effective negotiations within the healthcare setting.
This multifaceted approach to healthcare management thoroughly equips students with business-centered healthcare knowledge and skills in:
- Critical thinking and innovation in healthcare
- Communications and interpersonal effectiveness
- Analysis and problem solving
- Economic policy and information systems
- Population health and patient experience
- Healthcare law and policy
- Global health care and the impact of globalization
- Analytics in Healthcare
Graduate Certificates
MSU provides more ways to advance your healthcare education with two specialized graduate certificate programs: the Graduate Certificate in Healthcare Compliance and the Graduate Certificate in Healthcare Leadership.
Both programs can be completed in ten credit hours, with four required courses and the choice of one (or more) elective.
- Healthcare Compliance examines topics in healthcare regulations, enterprise risk management, healthcare compliance and compliance systems.
- Healthcare Leadership is focused on strategic decision making, market analysis and planning, negations and leadership.
These options can be completed in addition to earning the Master of Science in Healthcare Management. They also allow the opportunity to gain targeted knowledge in a specific field of interest and pursue advancement without committing to a full graduate degree.
Explore the MS-HCM Capstone Course
MS-HCM courses are five weeks and must be taken in succession.
Who Should Enroll
The demand for professionals with healthcare and business knowledge is high. The job growth for medical and health services managers nationwide is projected to grow by 28% between 2021 and 2031.* The M.S. in Healthcare Management is designed to transform healthcare professionals into tomorrow’s leaders and help provide a path for career advancement. Professionals throughout the industry should enroll, including:
- Experienced healthcare managers with a drive to be a leader in the field
- Doctors, nurses, mental health professionals and allied health professionals looking to move into a healthcare management role
- Healthcare professionals seeking to expand their earning potential
- Experienced professionals with a drive to step into a healthcare management role and be a leader in their field
- Aspiring professionals across industries seeking to make a shift into healthcare management
- Click here for admissions details
*Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Computer and Information Technology [May 10, 2023]. https://www.bls.gov/ooh/management/medical-and-health-services-managers.htm. National long-term projections may not reflect local and/or short-term economic or job conditions, and do not guarantee actual job growth. [Degree or Certificate] program options do not guarantee career or salary outcomes. Students should conduct independent research for specific employment information.
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