Best Colleges Online - Most Affordable Degrees-01

In this article, we profile the top 30 most affordable MBA in healthcare management programs online.

Medical and health services managers, also referred to as healthcare managers, work in medical and health facilities managing business and service operations. The job varies among organizations, but healthcare managers usually manage, plan, and direct medical and health services. The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) reports a projected 32 percent growth rate for employment of medical and health services managers through 2029. To qualify for management jobs in healthcare, candidates should hold a master’s degree.

Top 30 Most Affordable Online MBA in Healthcare Management Degree Programs Methodology

We examined over 200 colleges and universities listed by the National Center for Educational Statistics (NCES) College Navigator that offered at least one online MBA in healthcare management degree, or closely related program. We narrowed our original pool of schools by selecting programs that were accredited by reputable governing agencies. Accreditation includes regional or national credentials. We applied the following criteria to find the top 30 most affordable programs: graduate tuition/fees less than $20,000 per year, school and/or program rankings with major publications like U.S. News & World Report, and an online completion pathway toward an MBA in healthcare management.

Ranking the Top 30 Most Affordable MBA in Healthcare Management Online Degree Programs

#30 – Southern Oregon University

Online MBA in Healthcare Administration

Ashland, Oregon

Website

Southern Oregon University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Southern Oregon University offers a 45-credit online MBA in healthcare administration.

Graduate Tuition/Fees: $19,773

The Southern Oregon University online MBA in healthcare administration is a 45-credit program designed for working and busy students. The program is designed to enhance leadership and management skills that can be used in a growing industry. Typical business courses (33 credits) for the MBA are required, as well as 12 credit hours of concentration courses. These courses cover topics like advanced health communication, healthcare in the United States, and process improvement. Completion of the MBA in healthcare management online degree takes approximately 16 months. Southern Oregon University is fully accredited and ranked with U.S. News & World Report as the 75th best regional university in the West and the 35th top public school.

#29 – Benedictine University

Online MBA in Healthcare Administration

Lisle, Illinois

Website

Benedictine University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Benedictine University offers an online MBA in healthcare management that is CEPH-accredited.

Graduate Tuition/Fees: $19,709

Benedictine University’s online MBA in healthcare management program provides skills and insight into a unique field that will likely leverage your career. In addition to foundation and managerial coursework, students take courses in healthcare administration. These courses cover topics like environmental health, marketing of public health, public health systems, and the business of health care. Online classes are kept small, offering personal attention and interaction with classmates and instructors. Also, the program is fully CEPH-accredited. In addition to accreditation, Benedictine has received rankings from U.S. News & World Report as a top national university and a top performer on social mobility.

#28 – Southern New Hampshire University

Online MBA in Healthcare Management

Manchester, New Hampshire

Website

Southern New Hampshire University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
SNHU ranks among the most affordable MBA in healthcare management programs online!

Graduate Tuition/Fees: $18,810

Southern New Hampshire University’s online MBA in healthcare management is ranked among the most affordable online MBA programs in the industry with a tuition rate of just $627 per credit or $1,881 per course. The program is accredited by the New England Commission on Institutions of Higher Education and the Accreditation Council for Business Schools & Programs. Admission requirements do not call for the GRE or GMAT, making the process convenient for those who have been away from the classroom. Online courses cover topics like healthcare informatics, social & organizational issues in healthcare, and topics in health administration. In addition to being ACBSP-accredited, Southern New Hampshire University ranks with U.S. News & World Report as the 75th best regional university in the North.

#27 – Husson University

Online MBA in Healthcare Management

Bangor, Maine

Website

Husson University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
There are affordable options for MBA in healthcare management degrees online at Husson University.

Graduate Tuition/Fees: $17,100

Husson University offers an affordable MBA in healthcare management online for students seeking to complete their graduate business degree without interrupting their current careers or outside obligations. The degree is offered entirely online with no campus visit requirements. The program covers topics like financial management in healthcare management, global strategic management, advance sales & marketing in hospitality, and legal environment of healthcare management. All courses may be completed online. In addition to being fully accredited, Husson University ranks with major publications like U.S. News & World Report. Current rankings include #298-#389 in best national universities and #54 in top performers on social mobility.

#26 – Regent University

Online MBA in Healthcare Management

Virginia Beach, Virginia

Website

Regent University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Regent University is a top choice for affordable online MBA in healthcare management programs.

Graduate Tuition/Fees: $17,052

Regent University offers one of the most affordable online healthcare management programs available. The program is designed to prepare students for executive-level healthcare positions where an understanding of business functions within the healthcare space are critical for success. Regent’s online MBA is accredited by the Accreditation Council for Business Schools & Programs and is comprised of 42 credits delivered entirely online. Admission requirements include a bachelor’s degree from a regionally accredited institution, transcripts, and an admission questionnaire. No test scores are required. Courses cover advanced business and management topics like corporate & personal ethics, innovation & technological success, managing change in healthcare organizations, and operations & supply chain management. Regent ranks with U.S. News & World Report as the 298th-389th best national university.

#25 – New England College

Online MBA in Healthcare Management

Henniker, New Hampshire

Website

New England College - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
New England College offers a top-ranked and affordable online MBA in healthcare management degree program.

Graduate Tuition/Fees: $15,764

At New England College, students may earn an online MBA in healthcare management that is tailored to meet the needs of today’s healthcare industry challenges. Courses are delivered online and cover advanced healthcare management topics. These courses include comparative healthcare systems, economics for leaders, finance for leaders, principles of health informatics, organizational leadership & change, and quality  & lean for healthcare. Both part-time and full-time professionals may apply. Also, the program is designed to move at a fast pace and can be completed in just 20 months. NEC ranks with U.S. News & World Report as the 136th-176th best regional university in the North.

#24 – Marist College

Online MBA in Healthcare Administration

Poughkeepsie, New York

Website

Marist College - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Marist College is an affordable choice for earning an MBA in healthcare management online.

Graduate Tuition/Fees: $15,400

Marist College is an affordable choice for earning an MBA in healthcare management online. The school is fully accredited and ranked with major publications like U.S. News & World Report. Current rankings include #11 in best regional universities in the North and #81 in best online MBA programs. Marist’s online MBA in healthcare administration offers courses that cover topics like critical issues in health care, ethical & legal issues in health care, managing organizational change, and U.S. health care policies & systems. Courses are offered in eight-week segments and taught by the same university professors who instruct on campus.

#23 – Colorado Christian University

Online MBA in Healthcare Administration

Lakewood, Colorado

Website

Colorado Christian University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
CCU’s online MBA in healthcare management is designed for working students.

Graduate Tuition/Fees: $14,626

The online MBA in healthcare administration at Colorado Christian University equips students to face challenges as leaders in healthcare today. The degree is designed to meet the increasing demand for jobs in medical health and service management. The program consists of 39 total credit hours and takes 18 months to complete when studying full-time. Courses cover topics like healthcare law & accreditations, quality methods for healthcare performance improvement, and strategic thinking in healthcare economics & finance. The application process requires a minimum undergraduate GPA of 2.5 on a 4.0 scale. CCU ranks with U.S. News & World Report as the 68th best regional university in the West.

#22 – Saint Leo University

Online MBA in Healthcare Management

Saint Leo, Florida

Website

Saint Leo University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Saint Leo University‘s ranked and accredited programs are a top choice for those seeking an MBA in healthcare management online.

Graduate Tuition/Fees: $14,568

Saint Leo University provides working professionals with one of most affordable MBA in healthcare management online programs available. The school is fully accredited by the Southern Association of Colleges & Schools’ Commission on Colleges. The business school is also accredited by the Accreditation Council for Business Schools & Programs, a prestigious governing body. Coursework covers topics in community health evaluation & epidemiology, critical issues in health care, health care organization & managed care, and human resource in management. In addition to being accredited, Saint Leo ranks with major publications like U.S. News & World Report.

#21 – Colorado Technical University

Online MBA in Healthcare Management

Colorado Springs, Colorado

Website

Colorado Technical University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Colorado Technical University’s online MBA in healthcare management is a top-ranked program.

Graduate Tuition/Fees: $14,413

Colorado Technical University offers an online MBA in healthcare management designed to help prepare students for management and administration responsibilities in the field of healthcare. The program is ACBSP-accredited, highly affordable, and can be completed in as little as 12 months. Courses cover topics like applied managerial decision-making, leadership & ethical decision-making in healthcare, managing the healthcare organization, MBA healthcare management capstone, and systems in healthcare. A total of 48 credits are required for the degree, including 32 core business credits and 16 credit hours in the healthcare management concentration. According to U.S. News & World Report, CTU ranks among the top national universities. Also, the online MBA programs rank #210 out of more than 1,200 programs surveyed by U.S. News.

#20 – Walsh University

Online MBA in Healthcare Management

North Canton, Ohio

Website

Walsh University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Walsh University’s online MBA in healthcare management has 100% online courses!

Graduate Tuition/Fees: $13,510

Walsh University’s online MBA in healthcare management program prepares students for leadership work in the health services industry. With 100% online courses and six intakes per year, the program at Walsh is considered one of the most flexible. Students are required to complete 36 credit hours, which may be done in as little as one year. No GMAT or GRE test scores are required for admission. Walsh’s online MBA in healthcare management program offers courses that cover topics like financial accounting & management, information systems, organizational behavior & communication, and sustainable ethical leadership. Also, Walsh ranks with U.S. News & World Report as the 39th best regional university in the Midwest.

#19 – Parker University

Online MBA in Healthcare Management

Dallas, Texas

Website

Parker University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Parker University has ranked and affordable online MBA in healthcare management programs.

Graduate Tuition/Fees: $13,062

Parker University offers an MBA in healthcare management online degree program that goes beyond the standard study and curriculum, preparing students for careers in healthcare management leadership roles. Four available concentration options allow students to focus their studies on areas of management, such as healthcare management or practice management. Courses are delivered online and cover topics like business research methods, developing ethical leadership, health care policy analysis & decision-making, and strategic management of health services organizations. The program is fully accredited by the Southern Association of Colleges & Schools (SACS) and ranked with U.S. News & World Report among top health professions schools.

#18 – Rivier University

Online MBA in Healthcare Administration

Nashua, New Hampshire

Website

Rivier University - Top 30 Most Affordable MBA in healthcare management degrees online
Rivier University offers an ACBSP-accredited online MBA in healthcare administration program.

Graduate Tuition/Fees: $11,745

Rivier University’s MBA in healthcare administration online program offers an affordable degree designed for busy and working students. The program consists of 36 credits and offers classes that run seven weeks in length. The estimated program length is two years, though students may work at their own pace. With a focus on applied learning, students enrolled in the MBA program learn how to apply business principles and theories to current events on a global stage. The program reaches beyond core curriculum and standards to offer a comprehensive approach to leadership in the healthcare field. In addition to being ACBSP-accredited, Rivier ranks with major publications like U.S. News & World Report. These rankings include #136-#176 in best regional universities in the North.

#17 – Herzing University

Online MBA in Healthcare Management

Menomonee Falls, Wisconsin

Website

Herzing University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
It only takes 20 months to complete the MBA in healthcare management online program at Herzing!

Graduate Tuition/Fees: $11,680

Herzing University’s online master’s in business administration features a healthcare management concentration. The program offers specialized knowledge through online courses covering information in modern healthcare issues. The program may be completed on a part-time or full-time basis and typically takes 20 months to finish. There is no GRE or GMAT required for admission. However, an earned bachelor’s or graduate degree from an accredited college or university is needed for admission. Healthcare management concentration courses cover topics like healthcare administration, health information management, and health policy & management. Herzing ranks with major publications like U.S. News & World Report as the 119th-156th best regional university in the Midwest. Also, the online MBA programs rank #157 out of more than 1,200 programs.

#16 – University of Scranton

Online MBA in Healthcare Management

Scranton, Pennsylvania

Website

University of Scranton - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
The University of Scranton offers a ranked and affordable online MBA in healthcare management.

Graduate Tuition/Fees: $11,630

The University of Scranton provides working students with one of the most cost-effective online healthcare management programs in the country. The online MBA in healthcare management program is accredited by the Association to Advance Collegiate Schools of Business and offers courses covering topics in business analytics, enterprise resource planning, healthcare management, human resources, and operations management. Admission to the program requires three reference letters, a personal statement, three years of supervisory experience, and official transcripts. To apply, no test scores are required. In addition to being fully accredited, the University of Scranton is ranked sixth in best regional universities in the North and 40th in best value schools by U.S. News & World Report.

#15 – Florida International University

Online MBA in Healthcare

Miami, Florida

Website

Florida International University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
FIU offers affordable online MBA in healthcare management programs!

Graduate Tuition/Fees: $11,106

Florida International University offers a top-ranked healthcare management MBA online program known for its affordability and flexibility. The program takes just 18 months to complete, though students may work at their own pace. Courses cover topics like accounting for managers, financial reporting analysis, management of health care finance & reimbursement, and managerial decision making in health economics. The program also requires three residencies in local healthcare organizations totaling 120 hours. Students apply though the Alvah H. Chapman Graduate School of Business, which is accredited by the Association to Advance Collegiate Schools of Business. Also, FIU ranks with major publications like U.S. News & World Report as the 187th in the list of best national universities and 117th in best value schools.

#14 – University of Southern Indiana

Online MBA in Healthcare Administration

Evansville, Indiana

Website

University of Southern Indiana - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
The MBA in healthcare management online program at the University of Southern Indiana can take only 11 months.

Graduate Tuition/Fees: $10,816

For those seeking an affordable MBA with a concentration in healthcare administration that can be completed online, University of Southern Indiana has options. The affordable MBA in healthcare management online program consists of 30 credits and takes as little as 11 months to complete. The program has received a prestigious AACSB accreditation, awarded to only 5% of business schools worldwide. Courses are delivered entirely online and cover topics like accounting for decision making & control, data driven decision making, risk management, and strategic & international management. University of Southern Indiana ranks with major publications like U.S. News & World Report as the 98th best regional university in the Midwest.

#13 – University of Louisiana

Online MBA in Health Care Administration

Lafayette, Louisiana

Website

University of Louisiana - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
The University of Louisiana is a top choice for an affordable MBA in healthcare management degree online.

Graduate Tuition/Fees: $10,138

The University of Louisiana offers a 39-credit online MBA in healthcare administration designed for working adults and busy professionals. The program takes approximately 18 months to complete, though students may work at their own pace. The B.I. Moody III College of Business Administration is accredited by the AACSB, a well-respected governing body. The online MBA in health care administration program offers online courses taught by the same professors who instruct on campus. These courses cover topics like health care economics, health care law, international business, managerial economics, and policy formulation, strategy, & administration. The University of Louisiana ranks with major publications like U.S. News & World Report as a top national university. Also, the online MBA programs rank #135 out of over 1,200 programs surveyed by U.S. News.

#12 – Minnesota State University

Online MBA in Healthcare Management

Moorhead, Minnesota

Website

Minnesota State University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Minnesota State University’s online MBA in healthcare management is AACSB-accredited.

Graduate Tuition/Fees: $9,900

Minnesota State University offers online MBA in healthcare management programs designed to help healthcare practitioners seeking additional education to leverage their career options and improve on-the-job performance. The program covers topics in financial management, healthcare delivery science, healthcare delivery systems policy & reimbursement, healthcare law & ethical decision-making, and human resource management. The program does not require a specific undergraduate major, but allows students with non-healthcare or business backgrounds to apply. Accredited by the Association to Advance Collegiate Schools of Business (AACSB), Minnesota State has received recognition that sets it apart from other MBA programs. Also, the school ranks with U.S. News & World Report as the 98th best regional university in the Midwest.

#11 – Bryan University

Online MBA in Healthcare Administration

Dayton, Tennessee

Website

Bryan University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Bryan University’s MBA in healthcare administration online takes 14 months to complete.

Graduate Tuition/Fees: $9,760

Bryan University’s online MBA in healthcare administration is a fully accredited program designed to equip students with the skills needed to successfully lead in the healthcare industry. The IACBE-accredited program is delivered entirely online, which provides a flexible learning environment for students working full-time. The program moves at a fast pace and allows students to earn their degree in just 14 months. Courses cover topics like accounting information for management decisions, business in a global environment, integrated strategic management, management & leadership, and strategic marketing. The institution ranks with major publications like U.S. News & World Report as the 65th best regional university in the South.

#10 – Concordia University

Online MBA in Health Care Management

Saint Paul, Minnesota

Website

Concordia University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Concordia’s MBA in healthcare management online degree is ranked and affordable!

Graduate Tuition/Fees: $8,550

Concordia University St. Paul lands at #10 on our list of top 30 most affordable MBA in healthcare management online degrees. The program stands out due to its value-based tuition and excellent return on investment. The 39-credit degree focuses on teaching students critical applied knowledge across business functions within the context of the healthcare industry. Graduates are able to apply what they learn in class to the job because of the practical relevancy of the coursework. Courses may include applied ethics for healthcare leaders, legal environment for managers, managerial research methods & design, and strategic human resource management. Concordia is ranked #80 on the list of regional universities in the Midwest by U.S. News & World Report.

#9 – Liberty University

Online MBA in Healthcare Management

Lynchburg, Virginia

Website

Liberty University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Liberty University offers affordable MBA in healthcare management degrees online.

Graduate Tuition/Fees: $8,400

As a leader in online education, Liberty University offers a top 10 ranked MBA in healthcare management tailored for working healthcare professionals seeking additional training and skills needed for top healthcare positions. The Liberty program is accredited by the Accreditation Council for Business Schools & Programs and prides itself on its relevant coursework that is directly applicable to the job. Featured classes include legal & ethical issues for health professionals, managing human capital in healthcare, and operations management. Admission requirements include an accredited bachelor’s degree with a minimum 3.0 GPA and successful completion of undergraduate business prerequisites. U.S. News & World Report ranks Liberty as #298 in best national universities.

#8 – Lamar University

Online MBA in Healthcare Administration

Beaumont, Texas

Website

Lamar University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Lamar University offers a top-ranked MBA in healthcare management online degree.

Graduate Tuition/Fees: $8,337

Students enrolled in the online MBA in healthcare administration program at Lamar University can earn their degree in as few as 12 months. The program consists of 30 credits that can be earned entirely online. Courses run in an accelerated format of eight-week modules. Lectures are designed around the busy and working schedules of students. However, the courses are taught by the same nationally recognized faculty who teach on campus. Courses cover advanced topics in healthcare management like healthcare economics, healthcare entrepreneurship, healthcare information systems, healthcare policy & finance, and healthcare strategy. Lamar is fully accredited and ranked with major publications like U.S. News & World Report.

#7 – Spring Arbor University

Online MBA in Healthcare Administration

Spring Arbor, Michigan

Website

Spring Arbor University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Spring Arbor University has affordable MBA in healthcare administration programs online.

Graduate Tuition/Fees: $8,232

Spring Arbor University offers one of the most affordable MBA in healthcare administration programs in the industry. The institution is a Christian organization and teaches all coursework through that theological lens. The program is geared towards working professionals and can be completed in just 18 months taking just one course at a time. Courses include managerial finance in healthcare, managing quality in healthcare, and trends in healthcare administration & management. All courses are taught online by the same faculty that teach on-campus courses. Transcripts do not denote the degree as being delivered online. No GRE is required to apply. Spring Arbor is ranked #51 in best regional universities in the Midwest by U.S. News & World Report.

#6 – The University of Texas

Online MBA in Healthcare Management

Tyler, Texas

Website

The University of Texas - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
UT Tyler offers affordable options for MBA in healthcare management degrees online.

Graduate Tuition/Fees: $7,830

Ranked sixth on our list of top 30 most affordable online MBA programs in healthcare, the University of Texas at Tyler is accredited by the Association to Advance Collegiate Schools of Business and provides working healthcare professionals the opportunity to increase their skills and knowledge through rigorous coursework and faculty mentorship. Graduates have gone on to top healthcare leadership positions in the state, region, and world. Applicants must have a regionally accredited bachelor’s degree, two letters of recommendation, and competitive GMAT scores. Courses include decision-making in operations management, formulating & implementing strategy, and strategic human resources management. UT Tyler is ranked #298 in best national universities by U.S. News & World Report.

#5 – Western Governors University

Online MBA in Healthcare Management

Raleigh, North Carolina

Website

Western Governors University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
WGU is a top choice for cheap MBA in healthcare management programs online.

Graduate Tuition/Fees: $7,790

WGU offers an innovative and affordable online healthcare MBA that ranks fifth on our list of most affordable healthcare management MBA programs. The coursework is designed to shape and create healthcare professionals able to lead complex organizations in a way that positively influences patients and personnel alike. There are a total of 11 courses including accounting for decision-makers, ethical leadership, global economics for managers, and service line development. Candidates must show at least three years of experience in healthcare, business, industry, or non-profit organizations along with an accredited bachelor’s degree. Test scores are not required. The program can be completed in just one year.

#4 – Texas A&M University

Online MBA in Healthcare Administration

Corpus Christi, Texas

Website

Texas A & M University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
Texas A&M University offers ranked MBA in healthcare management degrees online.

Graduate Tuition/Fees: $7,031

Texas A&M University’s program is a 36-credit program that can be completed in just 12-24 months. It is a popular choice for working professionals seeking flexibility combined with challenging coursework. The program focuses on building core business competencies for the healthcare space as well as leadership and management skills. The program is accredited by the Association to Advance Collegiate Schools of Business, which accredits only 5% of business schools worldwide. Applicants must have an accredited bachelor’s degree and a 2.5 minimum GPA. Application materials include GMAT scores (waived for 3.0 GPA), a resume, personal statement, and transcripts. Texas A&M Corpus Christi is ranked #298 in best national universities by U.S. News & World Report.

#3 – West Liberty University

Online MBA in Healthcare Administration

West Liberty, West Virginia

Website

West Liberty University - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
No GRE or GMAT is required for the MBA in healthcare administration online program at West Liberty University.

Graduate Tuition/Fees: $6,780

Through its Gary E. West College of Business, West Liberty University offers our third ranked healthcare management MBA degree. It is designed to give graduates the needed competencies to lead and manage complex healthcare organizations in a fast-paced, ever-changing environment. The 30-credit program can be finished in as little as one year. Required MBA healthcare core classes include healthcare accounting & cost analysis, healthcare finance & revenue cycle, and healthcare information systems management. Admission requires an accredited bachelor’s degree but does not require GRE or GMAT test scores. West Liberty is ranked #68 among southern regional universities according to U.S. News & World Report.

#2 – University of North Carolina

Online MBA in Healthcare Administration

Pembroke, North Carolina

Website

University of North Carolina - Top 30 Most Affordable MBA in Healthcare Management Degrees Online
UNC Pembroke presents affordable options for an MBA in healthcare management online degree.

Graduate Tuition/Fees: $6,736

Coming in at second on our list, UNC Pembroke offers a 36-credit fully online program that can be finished in just 12 months. Applicants are required to possess an accredited bachelor’s degree with a minimum 2.5 cumulative GPA and 3.0 GPA in major courses. GMAT/GRE test scores are waived for applicants with a 3.0 cumulative GPA or an accredited master’s degree. Healthcare courses may include health administration & organization, health economics, and legal & ethical issues for healthcare professionals. The program is accredited by the Association to Advance Collegiate Schools of Business and ranks #73 in southern regional universities by U.S. News & World Report.

#1 – Fitchburg State University

Online MBA in Healthcare Management

Fitchburg, Massachusetts

Website

Fitchburg State University - Top 30 most affordable MBA in healthcare management degrees online
The most affordable MBA in healthcare management online program is at Fitchburg State University!

Graduate Tuition/Fees: $6,012

Our top program comes from Fitchburg State University, which offers excellent value and a challenging curriculum designed for working professionals. Faculty members that teach online courses are the same ones that teach on-campus classes. The program is accredited by the International Accreditation Council for Business Education and ensures coursework is consistently relevant with industry standards and best practices. Admission requires a bachelor’s degree and a minimum 2.8 GPA with sufficient professional experience. Courses may include accounting practices for managers, financial issues in healthcare, and organizational behavior & development. Located in Fitchburg, Massachusetts, Fitchburg State is ranked #96 in best regional universities in the North by U.S. News & World Report.

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Frequently Asked Questions

What can I do with an online MBA in healthcare management?

Medical and healthcare managers, also referred to as healthcare administrators or healthcare executives, coordinate and manage the operations of medical and health services, facilities, and organizations.

There are several types of healthcare managers. The following are examples of types of health and medical services manager jobs one might acquire with an online MBA in healthcare management.

Clinical managers: Clinical managers oversee staff, finances, health services, and operations of physician clinics. Some clinical managers oversee specific departments, while others manage the entire facility. Clinical managers are responsible for carrying out policies and meeting goals to ensure patient care. Business managers in clinics often work with a board or team of executives to develop budgets and evaluate the overall success of the facility.

Health information managers: Health information managers are responsible for a health organization’s records and information security. Staying on top of current laws and policies and managing health information technicians or medical records departments are important duties of this job.

Hospital administrators: Hospital administrators manage staff, physicians, and departments of the medical organization. Goals are carefully evaluated and procedures provided to ensure the hospital runs efficiently.

Nursing home and residential care administrators: Nursing home administrators manage staff, finances, and intake (admissions), as well as the residents of the facility. They must secure licensure and adhere to state-required licensing requirements.

What is the job outlook for an individual with an online MBA in healthcare management?

The United States Department of Labor’s Bureau of Labor Statistics (BLS) reports a very favorable job outlook for medical and health services managers. In fact, employment of these highly specialized types of managers is projected to grow 20 percent through 2026. This is much faster than the average growth rate for all other occupations.

With the large baby boom population aging and individuals remaining active later in life, demand for healthcare services increases. This demand means that a greater number of healthcare providers and physicians are needed. Also, the sheer number of healthcare facilities is on the rise. As more health and medical facilitates open, healthcare managers are needed. There should be an increased demand for administrators, healthcare managers, and business specialists with an understanding of what makes a healthcare facility thrive and succeed.

Job prospects for health and medical services managers will likely be favorable over the next decade. Candidates with a master’s or MBA in healthcare administration or healthcare management will likely have the best prospects. In addition to the increasing employment demand, the need to replace existing managers nearing retirement age will result in further job openings. To ensure you are qualified for these positions, earning an online MBA in healthcare management will set you ahead of your competition.

How much will I earn with an online MBA in healthcare management?

BLS reports the median annual wage for medical and health services managers in May 2017 was $98,350. The top earners averaged as high as $176,130, and the lowest ten percent of healthcare managers earned just under $60,000.

Salary varies by industry. According to BLS, hospitals and government healthcare facilities pay medical managers a higher wage than nursing and residential care centers. The median annual wage for individuals working as healthcare managers in state, local, and private hospitals is $107,230, and for those working in government medical facilities, it is $106,230. Outpatient care centers and physician offices report median annual wages for medical and health services managers of just over $89,000. Nursing and residential care facilities pay the least with a median wage of $82,950.

Healthcare managers typically work full time, and it is not unusual for them to work more than 40 hours per week. In fact, approximately 30% of all healthcare managers, as reported by BLS, worked more than 40 hours per week. Also, working weekends or evenings may be required in some healthcare settings. This is especially true for hospitals and nursing care facilities, which are open at all hours of the day and night. Managers may be required to be on call in case of emergencies.

What are the admission requirements for most MBA in healthcare management online programs?

As with all online MBA programs, the admission requirements for MBA in healthcare management online programs vary by school. However, most admission boards look intently for qualified applicants with a demonstrated academic background and promise. To help evaluate qualifying students, certain requirements must be met.

Most of the programs on our list require an earned bachelor’s degree, preferably in business or a closely related discipline, from an accredited college or university. Some programs require the bachelor’s degree to be regionally accredited, and others accept national accreditation. If you are still earning your bachelor’s degree while applying to MBA programs, schools may require a letter from the registrar listing your anticipated graduation date.

Top-ranked MBA programs will likely require outstanding undergraduate performance. Many programs require an undergraduate GPA of 3.0 or better. However, some lower ranking schools and programs will require a 2.5 undergraduate GPA.

GMAT and GRE scores are also common admission requirements. Schools that require graduate exams want scores received within the last five years. Some programs waive the GMAT or GRE requirement when an applicant has a strong undergraduate record and meets GPA requirements of 3.0 or 3.5.

Other admission requirements may include letters of recommendation, work history, a statement of purpose or goals, and a writing sample.

How long does it take to earn an online MBA in healthcare management?

While MBA in healthcare management online degree programs vary in length, the average completion time for the programs on our list is 18-24 months. A traditional master’s program takes two years to complete. Part-time programs take longer, while full-time programs average two years. However, online programs move at a fast pace and can be completed in less time than a traditional, face-to-face program.

As with traditional MBA programs, enrollment impacts completion time. For example, some full-time students enrolled in MBA in healthcare management online programs finish their degree in as little as 12 months. The average full-time online program takes just 18 months. A heavy academic load is often required for full-time study, though the convenience of online courses provides some flexibility. Part-time enrollment means less study time. Part-time programs often require students to take one class at a time. The downside to part-time enrollment is an extended length of time to earn the degree. However, part-time study fits well with schedules that include work and family obligations.

According to our list of online MBA in healthcare management programs, earning a specialized business master’s doesn’t have to take years out of your life. Most programs can be completed in somewhere between 12 and 18 months.

BCO Staff: March 2021

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This concludes our list of the 30 most affordable online MBA in healthcare management programs.