In the dynamic landscape of healthcare, physicians are increasingly seeking business education to complement their medical expertise.
An Online MBA (Master of Business Administration) tailored for physicians offers a strategic pathway to enhance leadership skills, operational understanding, and strategic decision-making capabilities within healthcare settings.
This guide explores the 15 best Online MBA for Physicians designed specifically for physicians, highlighting their unique features, benefits, and educational offerings.
Online MBA for Physicians
1. Baylor University
Hankamer School of Business
The Hankamer School of Business at Baylor University offers an online MBA program specializing in Executive Communication. This 48-60 credit hour program emphasizes critical thinking, effective problem-solving, and strategic decision-making across various business functions.
Students collaborate in cross-functional teams, developing skills in leadership, motivation, and mentorship. The curriculum equips distance learners to articulate ideas persuasively in diverse business contexts. With a tuition just over $50,000, students can complete the program in one year through an accelerated format. Other online MBA concentrations at Hankamer include Marketing and Cyber Security.
- Affordability Score: 69.28
- Convenience Score: 100.00
- Reputation Score: 79.73
2. University of Arizona
Eller College of Management
The Eller College of Management at the University of Arizona offers an online MBA with a specialization in Health Care Management. Accredited by AACSB International, this 45-credit hour program features 100% online delivery, enabling flexibility for students globally.
With no campus visits required, it caters to professionals seeking to enhance their careers in healthcare administration. The program includes core courses like Communication for Managers, Economics for Managers, and Strategic Management of Information Systems.
- Affordability Score: 69.10
- Convenience Score: 100.00
- Reputation Score: 71.65
3. University of North Alabama
College of Business
The College of Business at the University of North Alabama offers an online MBA with an emphasis in Health Care Management. Designed for experienced professionals, this 100% online program requires no GMAT/GRE and boasts a tuition under $20,000.
It offers concentrations in Global Business, Executive track, Information Systems, Finance, Sales and New Business Development, and Accounting. Students enjoy a flexible learning environment without the need for campus visits.
- Affordability Score: 94.05
- Convenience Score: 100.00
- Reputation Score: 15.24
4. Northern Kentucky University
Haile/US Bank College of Business
The Haile/US Bank College of Business at Northern Kentucky University offers an online MBA with a concentration in Healthcare Administration.
Accredited by AACSB International, this 33-credit hour program emphasizes leadership and innovation in healthcare settings. The program structure includes essential, concentration, and capstone courses, such as Financial Management in Organizations and Strategies for High Performing Organizations.
- Affordability Score: 93.83
- Convenience Score: 100.00
- Reputation Score: 15.24
5. University of Massachusetts Amherst
Isenberg School of Management
The Isenberg School of Management at the University of Massachusetts Amherst offers an online MBA with a specialization in Medical Management.
With a tuition between $25,000 and $30,000, this 34-credit hour program features a GMAT waiver and 100% online delivery. Courses include Healthcare Quality and Performance Improvement, Ethical Issues in Public Health, and LEAN Management, preparing students for leadership roles in healthcare.
- Affordability Score: 86.02
- Convenience Score: 100.00
- Reputation Score: 31.86
6. University of Texas Rio Grande Valley
Robert C. Vackar College of Business and Entrepreneurship
The Robert C. Vackar College of Business and Entrepreneurship at the University of Texas Rio Grande Valley offers an online MBA with an emphasis in Health Care Administration.
Accredited by AACSB International, this program features accelerated 7-week modules and can be completed in one year entirely online. Courses include Managerial Economics, Data Modeling and Business Intelligence, and Advanced Corporate Finance.
- Affordability Score: 93.45
- Convenience Score: 100.00
- Reputation Score: 15.24
7. Barry University
D. Inez Andreas School of Business
The D. Inez Andreas School of Business at Barry University offers an online MBA with a specialization in Health Services Administration.
Priced at less than $20,000, this 36-credit hour program emphasizes ethics and social responsibility in leadership. Students can complete the program in 12 months, focusing on coursework like Business Law and Ethics and Healthcare Services Administration.
- Affordability Score: 91.48
- Convenience Score: 100.00
- Reputation Score: 15.24
8. Howard University
School of Business
Howard University’s School of Business offers an online MBA with an Executive focus. This 42-credit hour program is designed for working professionals, featuring a 100% online format and a GMAT/GRE waiver. With a tuition just over $65,000, the program is recognized for academic excellence by U.S. News and Businessweek.
- Affordability Score: 58.96
- Convenience Score: 100.00
- Reputation Score: 84.22
9. University of Northern Colorado
Monfort College of Business
The Monfort College of Business at the University of Northern Colorado offers an online MBA with a focus in Healthcare Administration. Accredited by AACSB International, this 12-course program includes core subjects like Marketing Management and Advanced Financial Management. All coursework is delivered 100% online without campus visits.
- Affordability Score: 90.28
- Convenience Score: 100.00
- Reputation Score: 15.24
10. Central Michigan University
College of Business Administration
Central Michigan University’s College of Business Administration provides an online MBA with a specialization in Health Systems Leadership. Priced at less than $25,000, this 36-43 credit hour program features multiple start times per year for added convenience. Core courses include Data Analysis for Managers and Global Business and Sustainability.
- Affordability Score: 88.63
- Convenience Score: 100.00
- Reputation Score: 15.24
11. Abilene Christian University
College of Business Administration
The College of Business Administration at Abilene Christian University offers an online MBA with an emphasis in Healthcare Administration. Accredited by AACSB International, this 36-credit hour program emphasizes leadership and data-informed decision-making. Courses include Operations and Information Technology Management and Managerial Decision-Making.
- Affordability Score: 86.85
- Convenience Score: 100.00
- Reputation Score: 15.24
12. University of Texas at Dallas
Naveen Jindal School of Management
The Naveen Jindal School of Management at the University of Texas at Dallas offers an online MBA with a concentration in Healthcare Leadership and Management. Accredited by AACSB International, this program features a tuition just under $45,000 and allows for a GMAT waiver for qualified applicants. Core courses include Marketing and Information Technology Management.
- Affordability Score: 73.71
- Convenience Score: 75.00
- Reputation Score: 100.00
13. Mercer University
Eugene W. Stetson School of Business and Economics
Mercer University’s Eugene W. Stetson School of Business and Economics offers an online MBA with an emphasis in Healthcare Management. Priced between $25,000 and $30,000, this program includes core courses like Managerial Economics and Ethical Leadership, preparing students for leadership roles in healthcare management.
- Affordability Score: 85.69
- Convenience Score: 100.00
- Reputation Score: 15.24
14. University of Massachusetts Amherst
Isenberg School of Management
The Isenberg School of Management at the University of Massachusetts Amherst offers an online MBA with a specialization in Medical Management. Other concentrations available include Business Analytics, Marketing, Entrepreneurship, Finance, Healthcare Administration, and Sport Management.
The program’s tuition ranges between $25,000 and $30,000, making it a cost-effective choice for students seeking a high-value education. Isenberg is ranked as the 74th best business school for online MBA programs by U.S. News.
The program features a GMAT waiver and 100% online delivery, allowing flexibility for working professionals. Students in the Physician’s Leadership program can transfer up to nine credit hours into this degree. Key healthcare courses include Ethical Issues in Public Health, Health Program Planning, Healthcare Quality and Performance Improvement, and LEAN Management.
- Affordability Score: 86.02
- Convenience Score: 100.00
- Reputation Score: 31.86
15. Barry University
D. Inez Andreas School of Business
Barry University’s D. Inez Andreas School of Business offers an online MBA with a specialization in Health Services Administration. Other concentrations include International Business, Marketing, and Management, or students can opt for a general MBA track.
The program emphasizes a holistic approach to leadership training, integrating ethics and social responsibility. With a tuition under $20,000, this 36-credit hour program is designed to be completed in just 12 months. Coursework includes 27 core credits and nine Health Services Administration credits, covering essential topics for healthcare administrators and executives.
- Affordability Score: 91.48
- Convenience Score: 100.00
- Reputation Score: 15.24
Frequently Asked Questions
1. Why should physicians pursue an Online MBA?
Physicians can benefit from an Online MBA by gaining essential skills in management, finance, and leadership that are crucial for navigating healthcare administration roles. This education equips them to effectively manage healthcare practices, understand healthcare economics, and lead teams in a rapidly evolving industry.
2. What are the key features to consider in an Online MBA program for physicians?
Important features include program flexibility (especially for practicing physicians), accreditation status (such as AACSB or similar), specific healthcare concentrations or specializations offered, affordability, and the reputation of the business school within the healthcare industry.
3. How does an Online MBA complement a physician’s medical training?
An Online MBA provides physicians with a broader perspective on healthcare management, strategic planning, and business operations. It enables them to integrate business acumen with clinical expertise, fostering a holistic approach to healthcare leadership and innovation.
Conclusion
Choosing the right Online MBA program is a critical decision for physicians aiming to advance their careers in healthcare management and administration.
The programs highlighted in this guide not only offer flexible learning options but also provide specialized knowledge and skills tailored to meet the unique challenges of healthcare leadership.
Whether focusing on healthcare administration, management, or another specialization, these programs empower physicians to excel as leaders in the healthcare industry, driving innovation and improving patient care outcomes.
