Master of Business Administration: Health Care

Program Summary  Program Details  Courses  Careers Tuition & Fees

Learn how to streamline operations, manage growth, and maintain a patient-centered focus at Cornerstone University.

Students in Cornerstone University’s Master of Business Administration program develop leadership skills that can affect more than the bottom line. They develop an advanced knowledge of today’s global business environment, along with practical management skills, all based on Christ-centered principles.

Industry-Specific Concentrations

In addition to receiving an MBA degree from Cornerstone University, students have the opportunity to dive deeper into one of these four industry-specific concentrations: Health Care, Lean Manufacturing, Project Management, and Finance. Each concentration consists of 3 courses that are completed fully online.

The Health Care concentration extends the core knowledge of the MBA offering you a special qualification that can make you more effective in the marketplace. Topics covered in the concentration include:

  • For-profit and not-for-profit health delivery models
  • Practical skills for budget forecasting, capital, and setting operations budgets
  • Cost-finding and price setting
  • Techniques for driving clinical success and quality improvement

Global Business Experience

The Global Business Experience is a 3-credit international trip that is a required component of Cornerstone University’s MBA program. Students have the opportunity to complete this 10-day trip in Israel, China, Czech Republic, India, or South Africa. During the trip, students examine how the world in changing through the integration of economic, cultural, political, and educational systems across geographic borders.

Curriculum

The regionally-accredited curriculum is designed to prepare students to excel as leaders on a local and international scale while exploring top-notch business practices to help you surpass organizational goals. Coursework is divided into individual and group projects through which you'll learn how to effectively manage in a fast-paced, team-oriented environment while developing your leadership and communication skills. 

Convenience and Flexibility

With course offerings online and in-class, you will maximize your educational experience while still maintaining your work and family life. Classes meet one night per week in one of our four campus locations and online. Upon starting a degree, you will continue through the program with your classmates as a cohort. With an average of 15 students in each cohort, students receive one-on-one attention from faculty while gleaning insights from other students' personal and professional experience.

Questions?

Contact an Enrollment Counselor today at 1.800.947.2382 or request additional information.

Program Details

Program Summary  Program Details  Courses  Careers Tuition & Fees

Graduate degree programs offered by Professional & Graduate Studies are designed for working adults who are career-minded individuals with a passion to influence their workplace and community.  

Program Outcomes

This degree program offered by the Professional & Graduate Studies program provides the knowledge and skills required for leadership in one’s profession as well as personal skills needed for effective performance. Upon graduation, you will be able to:

  • Demonstrate effective oral and written communication skills
  • Demonstrate knowledge of the core business disciplines of economics, marketing, accounting, finance and management
  • Demonstrate ethical decision-making and leadership from a Christ-centered worldview
  • Create an entrepreneurial and innovative business venture
  • Analyze and resolve business issues, including those created by emergence of a multicultural, global economy

Graduation Requirements

  • Complete at least 24 credit hours at Cornerstone University
  • Cumulative GPA of 3.0 or higher in all work
  • Completion of all degree requirements within 5 years
  • Payment of all tuition and fees
  • Graduation application filed

Admission Requirements

  • Submit application with $40 fee
  • Official transcripts
  • Maximum of 6 master-level credit hours may be transferred from accredited colleges/universities
  • Students whose primary language is not English must achieve a minimum TOEFL score of 577 (paper-based), 233 (computer-based), 90-91 (internet-based) or a minimum IELTS score of 7.0
  • If applicable, a copy of military papers: DD214, SMART, AARTS or any other documented learning
  • Professional Resume
  • Two Letters of Recommendation
  • Written Essay
  • For individuals with 1+ years of work experience, a minimum GPA of 2.7 in undergraduate course work from accredited colleges/universities
  • For individuals with less than 1 year of work experience, a minimum GPA of 3.0 in undergraduate course work from accredited colleges/universities

Technology RequirementsTransfers | Cost

Program Courses

Program Summary  Program Details  Courses  Careers Tuition & Fees

The Master of Business Administration is a 36 credit-hour program that students can expect to complete in 18-22 months.

MBA Core Courses

Research Methods | 3 credits; 7 weeks

An examination of research methods available for the 21st century organization and statistical concepts useful for data-driven decision making. The focus is on the systematic process of collecting, analyzing and interpreting research articles and data to answer a specific research question. The course will also introduce students to basic descriptive and inferential statistical tools within the context of a business related problem.  

Ethics, Values and Social Responsibility | 3 credits; 6 weeks

A theoretical and practical overview of ethics theory, values formation and ethical decision making within the context of management and leadership. Ethics and values are presented from a Judeo-Christian perspective with emphasis on workable models for ethical decision-making and social responsibility at both the professional and personal level.  

International Business Practices | 3 credits; 6 weeks

An examination of the environmental and cultural issues facing global organizations. Emphasis is given to global business operations and processes in practice. Additional issues covered include allocation of global resources, theoretical foundations surrounding global trade and global financial management, and the challenges and opportunities of developing strategies for the global organization. 

Organizational Behavior and Change | 3 credits; 6 weeks

The study of the behavior of individuals and teams within organizations based on current management theory. Emphasis is given to understanding, predicting, motivating and changing work-related behaviors in organizations. Key topics include organizational structure, understanding culture, power, diversity, leadership and communication within the organization.  

Accounting for Decision-Making  | 4 credits; 8 weeks

An examination of contemporary accounting issues for managers, such as principles, techniques and uses of accounting in the planning and decision making in organizations. The use of information technology plays a key role in this course. Areas of emphasis include the budgetary process, performance evaluation techniques, product costing methods, constraint management and ethics.  

Managerial Finance  | 4 credits; 8 weeks

A study of essential concepts of financial management including working capital management, capital budgeting, capital structures, planning, time value of money and dividend policy. (Prerequisite: ACC-525)  

Marketing Strategies | 3 credits; 6 weeks

A case-method course using real marketing issues as a means to learn how to synthesize marketing fundamentals into effective and practical solutions.  

Global Economic Environment | 4 credits; 8 weeks

A focus on the global economic environment as a basis for decision making within a global business. Topics include the impact of globalization on the economies of the United States, Europe, Asia and other world economies, exchange rate theory and political regimes.  

Entrepreneurship and Innovation | 3 credits; 6 weeks

A focused study of the tools needed in identifying and capitalizing on entrepreneurial business opportunities, methods for managing those opportunities and critical thinking skills needed for innovation and growth. Students work with a team to design an entrepreneurial venture. Additional topics include stimulating new ideas, managing innovative ideas, adapting to change and individual and group roles in the creative process.  

Applied MBA Project | 3 credits; 6 weeks

A capstone course in which the student demonstrates that he/she has the ability to integrate a diverse business education and practical experience. Completion of previous course work, research and the international experience provide the basis for successful completion of this project.  

 Global Business Experience

The student is required to participate in a 10-day global experience and complete the requirements for the Global Business Experience course. Registration for this three-credit course will occur once the student determines which global experience he/she will attend.

Health Care Concentration Courses

Operations and Quality Outcomes Management | 3 credits; 6 weeks

A study of quality management and lean principles and theories and application to the health care environment. Focuses on managing health care quality, safety and outcomes. Emphasizes the use of tools and techniques to manage and lead quality improvements and drive successful clinical outcomes. 

Health Care Finance | 3 credits; 6 weeks

A study of the application of financial analysis to financial and operational decisions in the health care industry. Students interpret financial statements, prepare analyses of financial data necessary to make decisions, describe the different third-party payment methods, experiment with cost finding and price setting and conduct break-even analyses. The course provides students with experience in financial forecasting and capital and operating budgets. (Prerequisites: ACC- 526)  

Legal and Regulatory Issues for Health Care | 3 credits; 6 weeks

A study of historical and current views of ethics and regulations of health care delivery and the impact of the regulatory environment on availability of services. Students examine principles and practical applications of ethics and laws that affect operational decisions of health care providers, health plans, third-party payors and managers. Additional topics include a discussion of the for-profit and not-for-profit delivery models.  

Career Paths

Program Summary  Program Details  Courses  Careers Tuition & Fees

A Master of Business Administration can lead you into various career paths:

  • Business Analyst
  • Small Business Management
  • Business Development
  • Market Research
  • Strategic Management
  • Strategic Planning
  • Health Care Management
  • Consultant
  • and more!

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