Although many of the lessons taught in EMBA programs are broadly applicable, the healthcare industry has unique needs. Finding the right EMBA program to meet the needs of budding executives in the healthcare industry can pose a challenge. Public policy issues, insurance, and the efficient delivery of care are just a few of the issues executives grapple with regularly. A program tailored to the dynamic needs of healthcare with courses taught by thought leaders in the industry is a must for those hoping to maximize their career potential and make a difference.
Below are four programs that augment traditional EMBA lessons in finance and leadership while providing specific insight into the challenging, and rapidly evolving healthcare industry:
Cohorts looking for an EMBA with a healthcare focus should consider Cornell, which offers a one-of-a-kind, 60-credit dual-degree program. Successful cohorts graduate equipped with the knowledge to be a change agent and innovator within the healthcare industry. The EMBA/MS in Healthcare Leadership program is a collaboration between Cornell’s Samuel Curtis Johnson Graduate School of Management and the Weill Cornell Graduate School of Medical Sciences.
Faculty include healthcare and business leaders as well as physicians. Cohorts learn from industry influencers, entrepreneurs, and deans and department chairs in business and healthcare. Professors have included real-world executives such as the chief strategy officer of a health system and a partner from a renowned law firm.
The specialized curriculum helps healthcare leaders build their business and management skills. MBA courses include Marketing, Financial Accounting, Microeconomics, and business strategy. The MS courses include Health Policy and Economics, Healthcare Leadership, Health Data Analytics, and Healthcare Negotiations.
Electives allow cohorts to customize their experience through courses such as Digital and Telemedicine, Healthcare Quality, and Patient Safety Metrics.
The Rutgers Executive MBA uses practical learning to deliver a powerhouse educational experience for executives who want to take the next step in their careers. Rutgers works with hospitals, social service agencies, and all government levels in New York, New Jersey, and Pennsylvania to provide cohorts with real-world, applicable skills.
Electives allow cohorts to create an EMBA program focused on healthcare and science. For example, Dr. Robert Braunstein entered the program 25 years after graduating from medical school at a time when the industry was dealing with the emergence of HMOs. Braunstein said the relevance of the program was apparent even before he began his healthcare-specific electives. “As the first year progressed, I realized that I began to truly understand the economic issues confronting medicine.”
Courses such as Business Statistics and Analytical Techniques for Decision Making incorporate the healthcare and pharmaceutical industries into their model-building and analysis techniques for business applications. The result is an EMBA experience that provides real-world insights and an applicable learning experience.
The Rutgers EMBA provides a well-rounded educational experience while delivering a unique perspective for those who want to focus on the healthcare and pharmaceutical industries.
The W. P. Carey Executive MBA (EMBA) offers a concentration in healthcare management that can deliver a genuinely specialized EMBA experience.
The dynamic program delivers a wide-ranging view and understanding of healthcare problems, focusing on technology, supply chain, artificial intelligence, and public policy. Graduates leave the program with a knowledgeable perspective on the U.S. healthcare industry.
Cohorts augment foundational EMBA courses on finance, business analytics, information systems, and marketing, with a healthcare management focus. The concentration capitalizes on course offerings from other ASU colleges and departments, including the College of Nursing and Health Innovation, the Department of Biomedical Informatics, and the Mayo Clinic partnership program.
Healthcare specific courses include the Business of Healthcare, Managing Healthcare Orgs, Healthcare Economics, Supply Chains in Healthcare, Healthcare Marketing, and Strategy in Healthcare.
The Auburn Executive MBA is a unique opportunity for those seeking an EMBA with an emphasis on healthcare. Designed for rising business professionals, the Auburn EMBA provides a foundation of business knowledge, while allowing cohorts to customize the program to fit their needs.
The EMBA has a healthcare concentration that includes courses in healthcare finance, law, and policy. Auburn also offers a separate Physicians EMBA that teaches doctors how to navigate the complicated business of medicine. Cohorts taking the healthcare concentration will take classes with students from the Physicians EMBA, providing a unique opportunity to hear doctors’ perspectives and develop professional relationships.
As part of the concentration, cohorts visit Washington D.C. and get a first-hand look at the creation of healthcare policy. The EMBA can provide a fast track to improved on-the-job performance and career advancement opportunities through enhanced skills and knowledge.
The dual-degree program concludes with a capstone course where cohorts work in teams with client partners in a consulting capacity. The capstone gives cohorts the chance to apply their business acumen and healthcare industry knowledge.
If you’re interested in learning more about executive education programs from around the world, consider Ivy Exec’s 2020 EMBA rankings. Every year, members review over 100 solo and joint programs to evaluate the best graduate programs for prestige, career advancement, curriculum strength, global experience, and life balance. Every school profile includes in-depth information about cohort size and demographics, tuition costs, industry concentrations, and faculty. You can also find hundreds of anonymous student reviews and links to each program’s website, brochure, and contact details.