Masters (MSc) in Healthcare

Best Universities in the World for Healthcare

 
If you’re interested in management or leadership roles in the healthcare sector, an MSc in healthcare may be a degree to consider. This specialised cross-disciplinary master’s degree prepares individuals for such roles by providing an understanding of the various management concepts as well as strategies for efficient designing and managing of healthcare systems.

According to the U.S. Bureau of Labor Statistics, the median pay for Medical and Health Services Managers in 2018 was $99,730 per year. This field shows a promising trend with the future job growth projected at 18% for the next ten years, which is much faster than the average.

It is also estimated that the aging of the large baby-boomer population would create an increased requirement of healthcare services.
 

Why MSc (Master of Science) in Healthcare

The program covers the various aspects required for efficient healthcare management including best practices, process improvement, operations management, healthcare marketing, financial management and decision-making, human resource management as well as strategic planning and management.

Programs usually include internships and project-based experiential learning that allows students to practically apply the skills they learn in classrooms, use the knowledge gained to tackle various real-world issues and come up with innovative solutions for various challenges faced by healthcare organisations.
 

Masters in healthcare administration admission requirements

An undergraduate degree would be the prerequisite.

Some programs may have specific undergraduate requirement, for example, at Imperial College Business School, an undergraduate degree in these fields is given preference – medicine, health sciences, social sciences, physical sciences, engineering, informatics.

Some schools may prefer candidates with some relevant prior work experience.

Some schools may require successful applicants to take certain quantitative and accounting courses.

Following are the usual application requirements

Schools evaluate applications on a holistic basis. Even candidates with slightly lower GPA or test scores may stand a chance to get into reputed programs if they’re able to demonstrate excellent inter-personal skills, leadership qualities, experience of working across teams, critical thinking ability and problem-solving approach.
 

Top healthcare administration graduate programs in the world

Applicants can decide which programs they wish to apply to based on various parameters including program reputation, fees, school location, curriculum and placement track record.

Here’s a list of some of the top healthcare programs.
 

Best MSc in healthcare programs in USA

University / School name Location Program name Program duration Program tuition
1. University of Michigan – School of Public Health Michigan, USA Master Of Health Services Administration Program
(MHSA)
60 credit hour
2 years
International tuition $47,707 for 1 year
2. The University of Alabama at Birmingham Alabama, USA Master of Science in Health Administration
(MHSA)
33-month program
(21 months of full-time courses on campus and 9-12 months in an administrative residency)
In-state tuition $40,925
Out-of-state tuition $92,878
3. University of Minnesota – School of Public Health Minnesota, USA Master of Healthcare Administration (MHA) 60 credits, 21 months on campus, 10 week summer residency Resident $60,840
Non-resident $79,920
4. UCLA – Fielding School of Public Health Los Angeles, USA MS in Health Policy and Management
(MSHS)
2 years $17,272 per year for California residents, $32,374 per year for non-California residents.
5. Johns Hopkins – Carey Business School Maryland, USA Master of Science in Health Care Management 1 year, 36 credits $71,600 per year
6. UNC – Gillings School of Global Public Health North Carolina, USA Master of Healthcare Administration (MHA) 60 credit hours, 1 week internship, 3 semesters professional training Fees per semester
Residents $9,209
Non-residents $17,693
7. Cornell University – Sloan Program in Health Administration New York, USA Master of Health Administration (MHA) 60 credit, 2 years, 10 week summer internship Tuition $37,022 for 1 year
8. University of Washington Washington, USA Master of Health Administration 76 credits
2 years
$62,396
9. Columbia – Mailman School of Public Health New York, USA Master of Health Administration 2 years Tuition Per Semester $19,894
10. The Ohio State University – College of Public Health Ohio, USA Master of Health Administration (MHA) 2 years Tuition – Ohio residents $14,833
Non-residents $38,417

 

Best MSc in healthcare programs in UK & Europe

 

University / School name Location Program name Program duration Program tuition
1. Imperial College Business School England, UK MSc International Health Management One year Fees: £29,500
2. City, University of London England, UK MSc Health Management 1 year full-time, 2 years part-time Full-time: £14,790
Part-time: £7,395 per year
3. The University of Warwick England, UK MSc Healthcare Operational Management (HOM) 12 months Tuition Fees : Overseas £27,160
Home & EU £14,820
4. Emlyon Business School Lyon, Saint-Etienne, France and Shanghai MSc in Health Management & Data Intelligence 18 months-includes 4-6 months internship €24,500
5. Erasmus University Rotterdam Rotterdam, Netherlands Health Care Management 1 year €12,000
6. SDA Bocconi School of Management Milano, Italy Master of International Healthcare Management, Economics and Policy (MIHMEP) 12 months € 27,500
7. Trinity College, Dublin
School of Medicine
Dublin, Ireland Health Services Management (M.Sc.) Two years (Part-Time) EU 8,832 per year
Non EU 18,504 per year

 

MSc in healthcare job role and salary

According to U.S. News, Medical and Health Services Manager’s job ranks fifth among the best business jobs, taking into account various parameters including salary, job market, future growth and work-life balance.

Following are the various job roles and salaries after completing an MSc in Healthcare

Job role Salary
Marketing Director $84,000
Product Manager, Healthcare $97,000
Administrative Manager $75,000
Laboratory Director $108,000
Business Process / Management Consultant $95,000
Chief Operating Officer, Non-Profit Organization $78,000
Clinical Operations Manager $85,000
Contracts Director $152,000
Director of Managed Care $121,000
Health Information Management Director $147,000
Healthcare Program Manager $86,000
Biomedical Engineering Director $101,000

Source: PayScale
 

Is a Masters in healthcare administration worth it

A master’s degree in healthcare administration/management would help you see the big picture of the healthcare industry and give you knowledge and insights into various areas of healthcare operations. For those already working in this field, this degree can be a great way to boost your career prospects and take up senior positions.

However, since the degree is a specialised one, focusing on management aspects of healthcare, you need to have enough clarity about your long-term career goals before opting for this program or choosing it over other management-related options.

Graduates can tap into the school’s alumni network and career resources to seek employment opportunities. The employment rates look impressive for the top ranked programs. For example, at UNC Gillings, the job placement rate three months after graduation is 100% for MHA graduates, while at the Ohio State University, it’s over 90%.

The salary would depend upon factors including geography, designation and organisation. Graduates can obtain positions in hospitals, pharmaceutical /medical device related companies, medical practices, laboratory/research industry, healthcare insurance companies, mental health centers, rehabilitation centers or government agencies.

Finally, it’s for you to decide based on your research if an MSc in Healthcare program suits your career goals or not.
 
Also read
Why I chose Master’s in Public Health at LSHTM UK
Best MBA programs for Healthcare
 
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