Online Master of Business Administration with a Concentration in Healthcare Administration

Learning Outcomes:

• Use technology to conduct in-depth business valuation models and be able to interpret and use the model results to make informed business decisions
• Use accounting information to make business decisions
• Understand and interpret the financial reports of firms in different industries
• Recognize the potential effects on financial results of management decisions, corporate transactions, and the adoption of different accounting policies
• Communicate effectively with other users of company financial reports

Learning Outcomes:

• From the firm’s management perspective to be able to effectively identify the market structure that the firm competes in and its primary and secondary competitors.
• Integrate the use of marginal analysis into the managerial decision-making process.

Learning Outcomes:

• Know the role and function of the financial sector participants including banks, investment banks, mutual funds, securities markets and corporations
• Understand the function of management and role of corporate governance in firm success
• Be able to analyze key financial statements
• Use information contained in financial statements to evaluate firm performance and develop financial forecasts.
• Derive the free cash flow generated by a project or business and consider the implications of inaccuracies in forecasts.
• Understand interest rates and monetary policy including the term structure of interest rates and resulting yield curve
• Be able to perform security valuation using important valuation models and deriving the appropriate discount rates.
• Understand time value of money concepts, WACC, and capital budgeting techniques.
• Identify and apply appropriate decision criteria to determine whether real assets should be acquired or sold.
• Estimate an appropriate risk-adjusted required rate of return for evaluating investments in real assets.
• Understand how capital structure and payout policies affect firm value and growth.

Learning Outcomes:

• An enhanced ability to manage organizations and their members by improving the skills for identifying causes of organizational events and devising action plans for influencing future events and behaviors.
• An increased understanding of the roles of theory and research in management decision making.
• Additional critical thinking skills for identifying organizational dynamics based on existing theories and research as applied to case-study analysis.
• Interpret and integrate concepts and strategies into business practices.
• Develop a working relationship with contemporary management challenges for the purpose of understanding, developing, analyzing, and preparing for consideration of management decisions.

Learning Outcomes

• Integrate previously studied material and apply strategic concepts to solve business problems at the general manager level
• Analyze a firm externally and internally to identify its strengths, weaknesses, opportunities, and threats and propose actions based on that analysis
• Think strategically at functional, business, corporate, and international levels
• Present ideas effectively orally and in writing as an individual and as a team

Learning Outcomes

• Understand concepts of working with a computer and other related devices
• Understand the advances of Excel and Access
• Understand the role of information systems in supporting decision-making
• Discuss how technologies can be used to improve management
• Gain experience on organizing and manipulating data using Excel and Access

Learning Outcomes:

• Understand the role of strategy in marketing management.
• Develop analytical skills to understand a marketing problem.
• Acquire basic skills to design appropriate marketing mix for a target market.
• Understand the implementation of a marketing program from a managerial perspective.

Learning Outcomes

Identify or define the set of decisions that operations managers make; the trends and challenges facing them; and the customer supplier relationships between them

Describe or explain operations in a global environment and develop strategies for competitive advantage

Describe or explain processes, process choices and layout strategies, and their impact on efficiency, effectiveness and customer service

Describe total quality management, lean six sigma methods and tools for continuous improvement

Describe or explain the development of operational policies such an inventory management and scheduling techniques

Identify or define the resource planning process and the relationship amongst functional areas of the firm

Improve writing skills and develop critical thinking skills for problem solving

Learning Outcomes:

• Explain the foundations of the health care system in the United States.
• Compare and contrast the US Health care system to other health care system models.
• Differentiate between the components of the health care delivery system.
• Understand the interrelationships and integration of the components of the US health care system responsible for the actual delivery of health care to the population at large.
• Articulate the effect of major health care legislation on the delivery of health care.
• Understand how basic health care policy and politics shape health care delivery systems.
• Compare and contrast the ideals of market justice and social justice in health care delivery.
• Examine the concepts of cost, quality, and access to care as vital components of health care system changes.

Learning Outcomes:

• Explain selected components of the economic aspects of planning.
• Describe the costs and revenue sources of health care.
• Explain the financial structure of health care institutions.
• Interpret basic fiscal theory and principles.
• Describe the purposes of journals and ledgers to identify and compute operating costs.
• Describe the purpose and interpret financial statements (balance sheet and income statements).
• Interpret selected components of the economic aspects of an organization.
• Define basic fiscal and accounting terminology and principles.
• Describe the purposes, advantages, and disadvantages of the cash and accrual bases of accounting.
• Explain budgeting concepts, the specific elements of a budget and the budget cycle .
• Describe the use and effect of strategic planning and forecasting as part of the budgeting process.
• Summarize current research findings pertinent to organizations.
• Apply selected components of the economic aspects of staffing.
• Examine the development of personnel financial plans.
• Analyze and explains variances to an operating budget.
• Examine methodologies for projecting the cost of patient care.
• Generate human resource management strategies to manage costs related to recruitment, retention, turnover and absenteeism.
• Apply research findings to validate financial management of human resources.
• Analyzes selected components of the economic aspects of control.
• Identify the department or nurse manager’s role in the capital budgeting process.
• Select appropriate fiscal decision-making strategies.
• Describe basic marketing concepts, including market segmentation, customer behavior, market share and market research.
• Describe research processes available to examine financial management of the delivery of nursing care.

Learning Outcomes

• Understand the types, purposes, and sources of law and regulations applicable to the management and liability of professionals, employers, and patients in the health care setting
• Identify and apply ethical principles to issues and dilemmas frequently encountered by health care administrators and nurse executives
• Demonstrate proficient awareness of legal and ethical issues related to client data, information, confidentiality, and informed consent
• Analyze and propose solutions to real world administrative health care system problems through the interpretation of applicable laws and ethical principles