The healthcare industry is one of the fastest-growing areas of employment in the United States thanks to evolving medical technologies and significant changes in healthcare policies. The Bureau of Labor Statistics (BLS) shows an expected growth of 20% between 2016 and 2026. Growing industries need strong leadership if they are going to remain effective, and healthcare management is paramount to keep people safe and healthy.
It's why you should consider getting your online master's in healthcare management, especially if you are already working in the field. At the highest levels and with the right credentials, healthcare managers can make up to $160,000 annually.
What Are the Best Online Master's in Healthcare Management Programs?
1 |
George Washington University Washington, DC |
George Washington University has already started racking up places on best-of lists for 2017, continuing its reputation for excellence. Should you get your master's in healthcare management online from them, you can count on a very good program. In addition, more structured pathways are available through optional graduate certificates offered by the School of Medicine and Health Sciences (e.g. Graduate certificate in Health Care Quality, Health Sciences, Regulatory Affairs, or Clinical Research Administration). |
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2 |
Nebraska Methodist College of Nursing & Allied Health Omaha, NE |
Nebraska Methodist College actually offers two online healthcare management master's degrees. One is your typical Business Administration in Healthcare, but the other is a Master of Science in Wellness and Health Promotion Management. That one includes courses on the science of exercise, and applying healthcare management to entire populations. This is the path to take if you'd like to try working in organizing healthcare on a community or regional scale. |
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3 |
Clarkson College Omaha, NE |
Clarkson College recently moved its master's in healthcare management online program to the more robust and user-friendly Canvas system, making getting your degree through them even easier. It's a program designed for fast completion, with courses starting every six weeks to allow students to focus on one course at a time. Graduation requires a capstone project in the form of either a business plan or a research project. Some courses may require you to submit an off-site proctor request form or tests if you live more than 30 miles from the campus. |
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4 |
University of St Francis Joliet, IL |
One of the distinctive features of the university's MBA program is the students' ability to start immediately in a concentration of their choosing. If so desired, a degree can be completed in as little as a year. It offers a rare course on medical sociology that is definitely worth taking. Two years of professional experience is required for admission. |
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5 |
University of North Carolina at Chapel Hill Chapel Hill, NC |
The executive online program at the University of North Carolina at Chapel Hill is consistently ranked as one of the top 3 programs in America. Classes take place in real time on weekday evenings, usually lasting around two hours. There are 14 days out of the two-year program that students are required to be on campus for workshops. No thesis is required for graduation, but you will have to submit a business plan or technical paper. |
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6 |
Saint Joseph’s College of Maine Standish, ME |
The Catholic Church has a long and remarkable history in providing healing to the sick through the hospital system. If serving that tradition is your dream, then St. Joseph's College of Maine offers a special master's degree specifically in Catholic leadership for healthcare management alongside their more secular program. The Catholic leadership track involves courses on ministry for the sick and dying, moral theology, and Catholic social teaching. A certification program in Catholic healthcare leadership is also available in 18 semester hours. |
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7 |
Champlain College Burlington, VT |
A great deal of working in healthcare management is being able to adapt to an industry that changes at a lightning pace, and the online master's in healthcare management offered by Champlain College is focused very much on the latest theories regarding how best to use your mind. Their program includes instruction in business analytics, data visualization, and design thinking -- a more solutions-oriented and patient-centric approach to industry challenges. There is no fee to apply for the program, and it's structured so that students will earn a Health Care Administration graduate certificate even before graduating. Somewhat innovative to Champlain is their cohort system of teaching, where students are paired in small groups for the length of their program as helpmates, study partners, and sounding boards. |
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8 |
Concordia University Irvine, CA |
In addition to their online-only program, Concordia offers a blended program that allows students to participate in some classes on campus in order to foster face-to-face interactions in learning. The program is two years long and consists of 12 eight-week courses in leadership, quality assurance, and administration of long-term care. Graduation will require a team capstone project where students will act in a consultant role to a local healthcare provider who has submitted a proposal. |
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9 |
Saint Mary's University of Minnesota Minneapolis, MN |
Saint Mary's University of Minnesota's online master's in healthcare management program consists of two years and 36 semester hours, and offers courses in managing home care and long-term care systems. Enrollment in their online program comes with an iPad to enable students to take their education anywhere that has wi-fi. A capstone project is required for graduation. |
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10 |
Rivier University Nashua, NH |
This program is a fairly standard one. It lasts 36 weeks, includes mostly core classes with a few interesting wrinkles like facilities planning, and at $545 per semester hour is one of the more affordable tuitions for a degree that usually nets such high incomes. They also tend to be a little more lenient than many other programs regarding transfer credits, so make sure you look into anything you can skip thanks to having already taken it at another accredited institution. |
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11 |
Concordia University Mequon, WI |
The Wisconsin branch of the Concordia University system offers the same blended course options for your online master's in healthcare management as the Irving counterpart. It's a good bet for students in the state who want to take advantage of the occasional in-person class, as well as students who desire a Christian approach to their education. The program requires 39 semester hours, and start times on courses are not date-specific, leaving participants with more options in their schedule. |
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12 |
MCPHS University Boston, MA |
The Massachusetts College of Pharmacy and Health Sciences online master's programs in healthcare management is slightly shorter than most other programs at just 36 semester hours. Still, it offers a good education online, with courses in research methods, ethics, and managerial strategy. A strategic healthcare management capstone project will be required for graduation. |
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13 |
Ohio University Athens, OH |
A plus to this program is that even taking just one course at a time, you can graduate in two years, making it a handy one for the busy healthcare professional. Their program offers a course on epidemiology, which tends to be one of the rarer educational opportunities. Two years professional experience is required for admission, and students are expected to have college–level statistics and accounting skills, though these are not technically needed to be accepted into the program and can be acquired later. |
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14 |
Belhaven University Jackson, MS |
Belhaven's online masters programs in healthcare management brings a Christian business perspective to the discipline. Students will study the legal and ethical aspects of management, financial analysis, and the incorporation of innovation into human resources. Applicants must have a bachelor's and two years of relevant work experience to be considered (military service made be substituted for the work requirement). The program is two years long, segmented out in terms of eight weeks, and will prepare graduates for rewarding careers in hospital management, nursing facility leadership roles, pharmaceuticals, or government health agencies. |
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15 |
Seton Hall University South Orange, NJ |
Seton Hall University has a basic 42-semester hour program, but they also have another track specifically for nurses. The Master of Science in Nursing in Health Systems Administration With Case Management is only 30 semester hours to earn, and focuses on the organization of nursing in various health settings. Specialized courses include nursing research, case management, and theoretical basis of nursing. Two clinical courses are also required. |
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16 |
University of Mary Bismarck, ND |
This is another program specializing in helping nurses move up the administrative ladder. Some of the courses include nursing leadership, critique and design of nursing research, and professional roles in advanced nursing. Admission requires an RN license and a critical background check, but no work experience. An accelerated program is available. |
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17 |
Pfeiffer University Misenheimer, NC |
This program has been ranked #1 in the country in 2017. It's a 36-semester hour course, and includes both a supervised field experience at a healthcare provider and an international in-person study opportunity in Canada, England, Austria, Germany, or another destination. A health services administration certificate for post-graduate continuing education is also available. |
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18 |
Roberts Wesleyan College Rochester, NY |
There are two programs here. The first is a basic health administration degree, and the second is in healthcare informatics. The latter focuses on healthcare information systems and how best to manage them, including maintaining IT standards. You can also pursue your Health Information Technology certification, as well courses that will prepare you to be a certified Nursing Home Administrator in New York. This is one of the shorter programs, with administration and informatics being 18 and 17 months long, respectively. |
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19 |
Friends University Witchita, KS |
One of the top programs in Kansas, Friends University focuses on training leaders and CEOs in their management track. It includes an internship at the end of the program to give you hands-on experience working with the top levels of the healthcare industry. There are courses focused on the macro problems of healthcare management, including the often confusing world of American healthcare politics. This is where you want to go if rising to the absolute top is your goal. |
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20 |
Valparaiso University Valparaiso, IN |
This is another program that offers a wide variety of tracks for your master's degree. In this case, they are leadership, health informatics, gerontology, and forensic health. The last one is a unique opportunity to specialize in a niche branch of medicine that is growing quickly. |
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21 |
Southern New Hampshire University Manchester, NH |
Southern New Hampshire University was one of the first colleges to offer an online master's program in healthcare management, so they've had a long time to get it right. Their 12-course core curriculum features some classes you won't find in many other places, such as biostatistics and one specifically on managing non-profit health systems. The program can be completed in as little as 15 months. The university offers a significant discount for active military service members and their spouses. |
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22 |
Virginia Commonwealth University Richmond, VA |
This is the program if your main goal is to be leadership material in a healthcare setting. The partially online Master of Science in Health Admin (MSHA) option is a 22 month program open for individuals with at least five years of experience in healthcare management, and has no residency requirement. The on-campus Master of Health Administration (MHA) option is a three-year commitment, with the final year being a paid residency in a professional environment. This option is for those students who are less experienced in the field or even directly out of college. An on-campus interview is required for admission to the on-campus MHA program, while a phone interview is required for an individual applying to the MHSA program. |
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23 |
Park University Parkville, MO |
Park University program is available entirely online, or through a blend of classroom attendance and internet coursework. They also have a 4+1 MHA Program that allows undergraduates at the university to take classes that will simultaneously count for both a bachelor's and a master's degree. |
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24 |
Utica College Utica, NY |
This program offers three specializations covering the specific administrative needs of various types of healthcare organizations: acute care, service organizations, and long term care. Unlike some other programs, Utica College also offers virtual residencies that keep the program completely online. During the 36-semester hour course you'll have the opportunity to take electives on fraud and loss prevention, as well as grant writing if you follow the service organization track. |
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25 |
Independence University Salt Lake City, UT |
The online master's in healthcare management program at Independence University is a nice mid-length one taking only 15 months to complete. Courses focus on planning, finance, marketing, and personnel in healthcare systems. It's a program focused on the core tenets of the career without electives, meaning you'll be getting a solid, if one-size-fits-all, education. |
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26 |
Our Lady of the Lake College Baton Rouge, LA |
Be prepared to roll up your sleeves and get to work with this program. It requires 46 semester hours, a capstone project, and a residency to graduate. There are some deep courses required, such as comprehensive classes on the economic impact of healthcare policy, making this one of the more challenging -- but rewarding -- online master's programs in healthcare management. |
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27 |
Mount Vernon Nazarene University Mount Vernon, OH |
This online master's in healthcare management combines five core business school courses with healthcare specific ones to form their curriculum. The healthcare portion of the curriculum includes courses on financial management, health services management, legal aspects, health care human resources, quality management, and strategic leadership. |
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28 |
University of Saint Francis Fort Wayne, IN |
This program is 49 semester hours over two years, with some focus on the intricacies of managing Catholic healthcare facilities, specifically applying Franciscan values. No work experience is required; only a bachelor's with a 2.75 GPA, and even a lower score can be waived by submitting at high enough GMAT score. Some of the more interesting classes offered include industrial hygiene and emergency response and homeland security. Capstone projects may include guided internships, applied research, and/or focused literature review that examines and elucidates a current issue in leadership. |
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29 |
Minnesota State University Moorhead, MN |
The program at Minnesota State University Moorhead is accredited by The Association to Advance Collegiate Schools of Business International, something only five percent of business schools can claim. They're fairly strict with their admission requirements, asking for a 3.0 GPA and a GMAT score of 500, though not any professional experience. The program is 37 semester hours long, more than half of which is not healthcare industry-specific. The courses that are focus on delivery systems, healthcare law and ethics, and economics. |
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30 |
Pennsylvania State University University Park, PA |
Pennsylvania State University has one of the longer programs, designed to be completed in 49 semester hours over 28 months. In addition, two face-to-face managerial intensives are required so that students may receive real-world experience under teacher supervision. Room and board are provided for these, but students must arrange their own travel. There is also an independent research project required, but not a thesis. |
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31 |
Franklin Pierce University Rindge, NH |
This program can be completed in as little as one calendar year if you choose the accelerated degree option. Their online master's programs in healthcare management is action-based, allowing students to apply things they are currently learning in courses to real-world problems currently in their healthcare system work environment, enriching their education and immediately benefitting their employer at the same time. A systemic approach to problems is a main priority of the program, which focuses on teaching collaboration and critical analysis. |
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32 |
Midwestern State University Wichita Falls, TX |
The Midwestern State University online master's in healthcare management program is 45 semester hours long, but you can also get a Graduate Certificate in Health Services Administration in just 18 semester hours. They also offer a degree path focused on both urban and rural hospital administration, which you don't see much of. |
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33 |
Southern Adventist University Collegedale, TN |
The School of Business at Southern Adventist has a strong local relationship with healthcare organizations, making it a hub of opportunity for Chattanooga residents. Their program is 36 semester hours, with 12 of them being healthcare specific. One of the more interesting core courses is on integrating faith. It is possible to complete the program in one year, though the university says two or three years is more typical. An online education in Chattanooga is especially helpful as the city boasts one of the fastest internet networks in the world. |
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34 |
California State University-East Bay Hayward, CA |
An online master's in healthcare management from here is perfect for the working healthcare professional looking to rise in their organization, be it for-profit, nonprofit or volunteer. The university has built its model on five main pillars: communication, leadership, professionalism, knowledge of the healthcare environment, and business skills. The program's terms are offered all year round, and can be completed quickly in six quarters. |
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35 |
Point Park University Pittsburgh, PA |
Point Park University is fairly flexible with their admissions, requiring ether only one year of professional employment in the field, or GMAT scores for evaluation. The degree takes up to three years to complete. Some of the more unique course offerings include Healthcare Quality and Evidence-Based Medicine and a capstone on global health management. |
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36 |
Jefferson College of Health Sciences Roanoke, VA |
If you need access to an online master's in healthcare management program without any medical industry professional experience, Jefferson College of Health Sciences is for you. They accept students without relevant experience in their 39-semester hour program, though they will have to pass the MHA 670, a healthcare practicum, prior to graduation. Students can expect a significant focus on cultural sensitivity and diversity education. |
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37 |
University of Southern Indiana Evansville, IN |
The admissions standards for this program are somewhat steep. In addition to a 3.0 GPA, applicants need two years of professional experience, completion of the Graduate Record Examination (GRE), an essay, and an English proficiency test if applying from a non-English speaking country. Once you are in, it's a 39-semester hour program with options for biostatistics, epidemiology, and healthcare economics in addition to standard courses. |
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38 |
King’s College Wilkes-Barre, PA |
King's College's program comes in both traditional and accelerated variety during spring and fall semesters, as well as classes in the summer. There are a wide variety of electives you can choose from to complete your degree path, including executive leadership, public health, and global system comparison courses. International applicants must submit an English language proficiency test, though this can be waived by having met certain education milestones within the United States. |
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39 |
Louisiana State University Shreveport, LA |
Louisiana State University-Shreveport's online master's program in healthcare management is a ten-course. They have a fairly liberal admissions policy as long as you have a bachelor's, as they will accept other graduate degrees, three years of professional experience or a score of 450 on the Graduate Management Admission Test (GMAT). Students can expect a fairly typical course load, though some foundation courses such as Fundamentals of Accounting and Finance and Fundamentals of Economics and Statistics are also required. |
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40 |
Our Lady of the Lake University San Antonio, TX |
Our Lady of the Lake University employees a half-business school, half-specialized course approach to their program. There is a dedicated course for healthcare management in Medicare and Medicaid that has become all the more relevant as those patient populations have grown since health care reform as well as more global systemic classes. Applicants to the program lacking some of the business foundational courses required can attend an MBA Boot Camp to qualify. |
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41 |
Adventist University of Health Sciences Orlando, FL |
The program for an online master's in healthcare management at Adventist University of Health Sciences partners with 350 healthcare facilities to teach students the best way to manage healthcare systems. You can apply with both a bachelor's and an associate's degree, though the latter typically takes 36 months to complete whereas entering the program with a bachelor's takes 24. The core objectives for students to learn include leveraging new technology in health systems and embedding innovation in relation to violent crimes, such as intra-familial violence, sexual violence, workplace violence, and homicide. All specialties are 36-semester hour programs. |
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42 |
Tiffin University Tiffin, OH |
The online education system at Tiffin University is focused on personal support of the student. Admission requirements are easier than many other programs. For instance, they don't require previous work experience, though they do give admission preference to those who have it. The capstone project involves examining changes in the healthcare system of the United States under evolving government policies and laws. |
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43 |
Brandman University Irvine, CA |
Brandman University is not only a great to earn online healthcare management master's degrees; you can get graduate certifications in the field there as well that increase your value in the industry. While students will study the basic tenets of a healthcare management program, Brandman also offers more alternative paths in areas like entrepreneurship if you're looking for something outside the box. Students must have computers with webcam capabilities at least running Windows 7 or Mac OS X 10.11 to participate in the online program. |
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44 |
Hodges University Naples, FL |
Hodges University's completely online promises you won't be sacrificing quality for convenience. Their 30-semester hour program includes some great electives to tailor your focus, including long term care management and Directed Study in Health Care. There's also a focus in keeping up with the ever-evolving world of electronic health records. |
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45 |
Colorado State University Fort Collins, CO |
Your online master's in healthcare management from Colorado State University can prepare you for a rising career in everything from nutrition services to medical records to a more traditional hospital management career path. Even better, the program does not charge out-of-state students more for their education, making it one of the most affordable,national set of courses. They also offer discounted rates for military and their corporate affiliates. Their scheduling is also very flexible, with all courses being offered every term. |
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46 |
Oklahoma State University Center for Health Sciences Tulsa, OK |
The curriculum covers a very wide range of subjects. Students will learn relief development in global health, advance healthcare finance, and informatics as part of the 32 semester hours required. Students are also expected to complete a thesis to graduate. |
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47 |
Montana State University Billings, MT |
This program is compatible with the Western Interstate Commission for Higher Education, meaning that residents of Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, New Mexico, Nevada, North Dakota, Oregon, Utah, Washington, and Wyoming are eligible for reduced tuition rates on graduate programs. Students typically complete the program in 20 – 24 months, must complete a capstone project, and are expected to attend seminars every semester. If students do not have previous experience in healthcare management or administration, an internship is also required. |
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48 |
Medical University of South Carolina Charleston, SC |
This is another program offering blended courses, with a long weekend on campus being included as part of your education if that is your preferred method. The program takes two years and 54 semester hours. There are some amazing courses to be had, such as ones on reimbursements, delivery systems, risk management, and organizational theory. |
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49 |
Franklin University Columbus, OH |
Even if you don't choose to get your online master's degree in healthcare management from Franklin University, you should at least check out their exquisite blog on online education. One of the more interesting subjects on top of a basic core education in the discipline is a course on managerial psychology that is sure to be a big help in the workplace. |
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What Can You Do With an Online Healthcare Management Master's Degree?
You can do nearly anything that involves the medical industry. The most obvious career is hospital administration, where you can achieve everything from mid-level management all the way up to CEO. Beyond that, you can work as a consultant to various healthcare systems or go to work in the pharmaceutical industry. Government healthcare agencies are also always on the lookout for talent in maintaining the nation's complicated system of care. Others find work managing care facilities like nursing homes, rehab centers, and other in-patient systems. Many of these positions can be entered into with a bachelor's degree, but employers usually show a preference for someone with the drive to achieve the next level of their education.
- Hospital Administrator
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Hospital administrators tackle a wide range of responsibilities to ensure the effective and efficient implementation of a hospital's mission. These professionals plan, coordinate, and implement medical services in keeping with healthcare policies and laws as well as budgetary constraints. In larger hospitals, the chief administrator will work closely with clinical managers.
- Median Annual Salary: $107,230
- Projected Growth Rate: 20%
- Clinical Manager
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Within the context of a larger hospital, clinical managers oversee the effective operation of a specific department such as nursing, surgery, imaging or physical therapy. In addition to budgeting and reporting responsibilities, these professionals work directly with unit staff to evaluate and support the quality of their work.
- Median Annual Salary: $77,085
- Projected Growth Rate: 20%
- Physicians Office Administrator
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These healthcare managers ensure the effective operation in a clinical setting of one or more physicians. Despite the lack of scale compared to hospital administration, these managers must address tasks dealing with policies, laws, budget, billing, purchasing, personnel, and communications.
- Median Annual Salary: $89,760
- Projected Growth Rate: 20%
- Nursing Home Administrator
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The country's large aging population has created a growing demand for nursing homes and long-term residential care facilities. As a result, administrators are needed to hire and manage staff at these facilities. These professionals are also responsible for managing a facility's budget and communicating with patient families.
- Median Annual Salary: $82,950
- Projected Growth Rate: 20%
- Government Health Administrators
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State and federal governments need healthcare managers to work in a wide variety of capacities at state public health departments and other agencies. Government health administrators comprise just 8% of the jobs in healthcare administration and offer a wide variety of job responsibilities as well as competitive salaries.
- Median Annual Salary: $106,230
- Projected Growth Rate: 20%
Salary Outlook for Healthcare Management Program Graduates
As millions of baby boomers move into retirement, the demand for healthcare services will continue to increase. The BLS projects that job growth rates for medical and health services managers to increase 20% between 2016 and 2026. By comparison, job opportunities for all other management positions will likely grow by only 8% during the same period. The salaries for healthcare management positions exceed those for all other management occupations by about 11%.
What Makes a Good Master's Program in Healthcare Management?
An online master's in healthcare management balance business with the specificity of healthcare. Most programs expect a bachelor's degree that includes some basic statistics and finance courses. Some also require work experience in the field, organizational strategy, analyzing and responding to ethical issues, and understanding the economics of healthcare and practicing advanced finance and accounting within health systems.
many people who earn their master's degree in healthcare management online can do so entirely on the web in an asynchronous format
Online courses let people expand their careers without putting work or families on the back burner. Many people who earn their master's degree in healthcare management online can do so entirely on the web in an asynchronous format, which lets you determine your own schedule without having to skip a meeting or a soccer game. Some even offer virtual residencies, or will allow you to apply your coursework to your current employer. The best of them will have you preparing for or earning certifications in the industry as your education progresses.
What Else Can I Expect From an Online Master's in Healthcare Management Program?
Every online healthcare management master's program offers some amount of flexibility for students, though this varies from school to school. Some programs offer courses asynchronously online, allowing students to complete coursework at their own pace. These self-paced programs can often be completed in just 18 months. Others schools organize students into cohorts, allowing them to move through the program with the same group of peers on a fixed schedule.
Curriculum for an Online Master's in Healthcare Management
- Healthcare Law
In this class, students examine the role of law and policy in healthcare systems as it relates to all administrative decisions. Coursework addresses topics like finance, legal control, risk management, and equity. The course also analyzes moral and ethical considerations and their impact on balancing the needs and rights of individuals while serving the needs of society at-large. - Healthcare Strategic Planning and Marketing
This course addresses a core need of every healthcare institution: the ability to ensure its own corporate viability. Students learn how to identify and build on an institution's unique strengths and market around them accordingly. Coursework covers topics like public relations and health education outreach. - Healthcare Organization Management
In this course, students learn how to analyze, design, and improve the operations of all units within a healthcare organization. Coursework emphasizes procedural design and improvement. Students also explore human behavior issues related to recruiting, hiring, and training staff. - Long-Term Care Administration
This course analyzes the challenges and opportunities inherent in serving the diverse healthcare needs of a rapidly growing senior population. Students examine the types of care given in different long-term care facilities, such as nursing homes, assisted living centers, home care services, and other options for seniors. - Healthcare Finance
In this course, students discuss financial management principles and practices as they relate to the challenges and constraints of healthcare institutions and programs. Coursework addresses topics such as capital management, forecasting, financial systems controls, budgeting, and institutional financing. This course also usually addresses the peculiarities of communicating financial needs and operations to the stakeholders of a healthcare institution.
How Long Does It Take to Get an Online Master's in Healthcare Management?
Online master's in healthcare management programs can be completed in 18 months or over several years, depending on the school. Programs offered entirely online through asynchronous, self-paced courses can usually be completed in shorter time frames. The amount of credits required is another important factor to how long it takes to earn an online healthcare management degree. Most healthcare management online degree programs require between 42 and 51 credits, which can take between two and two-and-a-half years to complete.
Certifications and Licenses a Master's in Healthcare Management Prepares For
- Fellow of the American College of Healthcare Executives (FACHE): This certification is considered the premier credential of healthcare executives and is only available to tenured members of the organization. Requirements include healthcare management experience and community service or civic involvement.
- Certified medical manager (CMM): This certification, offered through the Professional Association of Healthcare Office Management recognizes knowledge, skills, and experience in office management within healthcare settings. While the certification focuses primarily on small groups of physicians or healthcare individuals, its credibility extends to other healthcare contexts as well.
- Certified nursing home administrator (CNHA): Nursing home administrators can earn this certification through the American College of Healthcare Administrators (ACHA) to expand their career opportunities. The ACHA does not require applicants to be members of the organization. This can be earned by those with only a bachelor's degree, though most professionals who earn this certification have a master's degree.
Financing Your Online Master's in Healthcare Management
Earning a degree in healthcare management online allows students to continue working, which can reduce the need for financial aid. Regardless, most students will need some form of financial aid to pay for their degree. All students should start by filling out the Free Application for Federal Student Aid (FAFSA) to see if they qualify for federal financial aid. Students should also contact the financial aid department of the school to learn about the financial aid options offered, such as scholarships and work-study programs.
Scholarships for Master's in Healthcare Management Students
Scholarships are another great way to help finance your education. One of the biggest advantages to scholarships is the fact that, unlike student loans, they don't have to be paid back. You can find scholarships through your school, professional organizations, and many other sources. Below are a collection of scholarships that are specifically earmarked for healthcare management students.
Albert W. Dent Graduate Student Scholarship
The Bachrach Family Scholarship for Excellence in Healthcare Administration
The Elliott C. Roberts Scholarship
Harry J. Harwick Scholarship
Corris Boyd Scholars Program
Healthcare Information Management Systems Scholarship
To determine the best online Master’s in Healthcare Management programs, we looked at the most important factors prospective students, mainly common predictors of future success and a school's commitment to online programs. This boils down to admissions rate, student loan default rate, retention rate, graduation rate, and the percent of students enrolled in online classes. All data points are taken from information provided by colleges and universities to the National Center for Education Statistics.
Each factor is weighted evenly in order to give an objective view and determine the 49 best online Master’s in Healthcare Management programs. To calculate our rankings, we looked at a school's ranking when organized by a single factor, and then averaged each category's ranking to find an overall score: Admissions Rate (20%) + Default Rate (20%) + Retention Rate (20%) + Graduation Rate (20%) + Percent of Students Enrolled in Online Classes (20%) = Final score.