Do you know that the healthcare sector accounts for 15% of the U.S. economy? It’s a real challenge and opportunity for MBAs. However, the most successful MBA students come to the MBA with a background in some health care discipline or industry.
Competition is increasing in the healthcare industry. The need for strategy in order for hospitals to survive in an increasingly competitive healthcare market is undeniable. The greatest opportunity for MBAs at the moment lies in electronic medical records. There are also jobs available for MBAs at health-care companies in departments dedicated to human resources, finance, information systems, and improving delivery of patient care.
Many business schools are reporting, an increased interest in health-care courses, internships, and jobs among MBAs. Those seeking a MBA in Healthcare should have some work experience in the field to understand the intricate workings of our healthcare. There are distinct business nuances to the health care field that may not be easily understood in a standard MBA program.
An MBA with an emphasis in Health Care could open many managerial doors, if you are specialize in a high demand area. Health care is a very complex field so a thorough grounding in it, along with a specialization, is very helpful.