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Eberhardt MBA in Healthcare ManagementUniversity of the Pacific
Presenter:Chris Lozano
Director of Recruitmentgo.pacific.edu/mba go.pacific.edu/sacmba
Welcome to the MBA Information Session Healthcare Trends and New
Research on Degree Preferences (MHA vs MBA vs MPH)
Focus on Healthcare MBA at Pacific LinkedIn Use for Research on Career
Pathways HAMPCAS and Admission Criteria MBA Costs and Financial Assistance Questions & Answers
Impact of Affordable Care Act Healthcare spending growth will
accelerate for several years
Greatest growth will occur in: Physician Services Pharmacy Services Management Services
A Changing Environment for Medical and Health Service Managers,
Directors & Chief Officers “As healthcare changes, medical and health services managers
must be able to adapt to changes in laws, regulations, and technology.” - Occupational Outlook Handbook 2012
Medical and health services managers typically do the following: Work to improve efficiency and quality in delivering healthcare
services Keep up to date on new laws and regulations to aid in compliance Manage finances of the facility, such as patient fees and billing Create work schedules Represent the facility at investor meetings or on governing
boards Keep and organize records of the facility’s services, such as the
number of inpatient beds used Communicate with members of the medical staff and department
heads
ACHE Healthcare Executive Survey Research
Study Builds Upon Dr. Hilsenrath’s earlier research on healthcare education settings and appropriate curriculum. Key Findings and Conclusions: Distinction between MHA and MBA is not well defined.
Great deal of differentiation among programs Growing recognition of MBA in HC Management due to need for
Leadership, Operational, Management Skills and Creativity Generally, MHA preferred over MBA in HC Mgmt. which is preferred
over Gen. Mgmt. MBA (See source below for original research- Table 3 p352)
More than ¾ of survey respondents indicated they would choose a career in healthcare management again
Bottom line: There is not a “one-size” education fits all, it really depends on your goals.
Source: Broom, K., Hilsenrath, P. (2015). ACHE Member Survey: Perspectives on Graduate Health Management Education, Journal of Health Administration Education, 32 (3): 341-358.
Why MBA? Practical leadership and management skills
“Still in very scarce supply” (Harvard Business Review, 2014)
Access to learning community and alumni network
GMAC 2014 MBA graduate survey: 92% say MBA prepared them for leadership
positions 88% say MBA prepared them for their career 82% say MBA prepared them to manage
work/life balance 71% say MBA allowed them to achieve an
otherwise unattainable career outcome (GMAC, 2014)
Professionally, financially, and personally rewarding
Broadly applicable
Early Advantage 16-Month MBA Prerequisites
Microeconomics – Econ 103* at Chico State Macroeconomics – Econ 102* at Chico State Probability and Statistics – Math 105 or 108* at Chico
State Business or General Calculus – Math120* at Chico State Completion of a Bachelor’s Degree (U.S. or equivalent) Suggested electives (based on space in your schedule)
*AP units or equivalent course are also acceptable
MBA Program Healthcare TrackPossible Elective Courses: Marketing of Services Health Finance/Health Insurance International Healthcare Systems Healthcare Law Health Economics Health Services Management Healthcare Information Systems
First Term: Applied Business Principles- 16 month MBA
Week
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16
MODULES - 17 Units Total
MBA
Orientation
Mgmt. Info. SystemsMW 4:00-6:30 pm
Integrated
Presentations
MarketingTR 3:30-6:00 pm
Managerial Economics MW 4:00-6:30 pm
Accounting for Managers MW 12:30-3:00 pm
FinanceMW 12:30-3:00 pm
Data and DecisionsTR 12:30-3:30 pm
Mgmt. & Org. BehaviorTR 12:30-3:00 pm
Career DevelopmentT 10:00-11:30 am
Associate Dean’s Seminar T 6:30-8:30 pm
Final Year Academic Calendar- 16-month MBA
Spring Term15 units
May-Jun3 units
Jun-Aug Fall Term16 units
Corporate Finance Leadership
Global Marketing
Global Business Competition
Required MBA Internship
Corporate Responsibility
Entrepreneurial Management Negotiation
Quality & Productivity
Strategic Management
Healthcare Elective
2 Healthcare Electives
International Experience for Early Advantage
Each year, the Global Business Competition course travels abroad for a two-week period of intensive instruction.
2009 - Panama and Costa Rica
2010 - London, England
2011 - Istanbul, Turkey
2012 - Shanghai and Beijing
2013 - Shanghai and Hong Kong
2014 - Istanbul & Izmir, Turkey
2015 - Toulouse, France
2016 – Paris, Dijon and La Havre
1998 - Chile
1999 - Spain
2000 - Ireland
2001 - U.K. and France
2002 - Estonia and Finland
2003 to 2005 - E.M. Lyon
2006 & 2007 - Taipei, Taiwan
2008 – Taiwan and Hong Kong
Career Management Services for MBAs
Individual Career Management Planning with dedicated career professionals
MBA Career Development Course* Required MBA Internship* Focus on mastering critical tactical skills
necessary for career success and to manage your career
*Not required for PharmD/MBA students
Sacramento Part-time MBA 2 years Traditional semester format 2 classes at a time 2 nights per week
Typically Tuesdays and Thursdays 6:00pm – 9:00pm
Cohort model 36 total units
Part-time MBA CurriculumGeneral Management Track Leading and Managing
Organizations Accounting for Managers Innovation and
Entrepreneurial Management
Decision Making and Analytics
Financial Management Marketing Power, Conflict, and
Negotiations Service Design and
Operations Strategic Management 3 electives
Healthcare Management Track Leading and Managing
Organizations Accounting for Managers Health Services
Management Decision Making and
Analytics Health Insurance and
Finance Marketing Power, Conflict, and
Negotiations Service Design and
Operations Strategic Management 3 healthcare electives
LinkedIn: Great Resource for Pacific Eberhardt Network
Other interesting profiles: Christine Ahn ’11 PharmD/MBA- Lean Specialist at UCLA Health; Chad
Mundy ’99 BBA, ’01 BSLTC, ’06 MBA - Executive Director at San Joaquin Community hospital; and Frank Patmon ’13 BA, ‘14 MBA- Market Strategy Data Analyst
Christine Nguyen ’10 PharmD/MBA
Vice President, Trade Relations at EnvisionRx Options EnvisionRx is a Pharmacy Benefits Management (PBM)
Company EnvisionRx was recently acquired by RiteAid and recently
acquired MedTrak Christine’s Key Responsibilities:
Manages manufacturer contracts and rebate administration operations
Coordinates Pharmacy benefits for companies as a 3rd Party administrator
Leverages relationships with drug manufacturers like Astra Zeneca and Pfizer to provide drug cost savings and key disease management programs for company partners
Benefits of PharmD/MBA Acc. to Christine MBA opened doors otherwise not available to her (outside of
clinical ) Learned she is capable of handling larger course loads Provided a well-rounded educational background
AUPHA and HAMPCAS AUPHA site HAMPCAS Site (42 Schools ) Pacific HAMPCAS Profile
How and When to Apply
Online Application available at Eberhardt MBA websites. HAMPCAS: Go.pacific.edu/HAMPCAS
Key Application Dates Round 1 - January 15 (FT/MAcc -
Priority Review) Round 2 - March 1 (FT/MAcc -On-
time; PT -Early ) Round 3* - June 1 (FT/MAcc -late; PT
-On-time)
APPLICATION ELEMENTS
Application form, personal statements and resume
Official Transcripts (all Universities attended)
Letters of Recommendation (2 recommended)
Official GMAT (or GRE) Scores $50 Application Fee - waived for
HAMPCAS applicants Interview (by invitation only)
ADMISSIONS CRITERIA
Academic Record (Grade trends, curriculum)
GMAT (or GRE) Scores Personal Statements Recommendations Interviews (if required) Work/Volunteer experience MBA Admissions Formula Score
2015 New FT MBA Student Profile GPA Average: 3.41 (Range 3.12 - 3.73) GMAT Average: 560 (Range 480 - 650) Average Age: 23.0 (Range 20 to 25) Average Experience: 1.0 years (Range 0 to
3) International: 18% (Up from 17% in ‘14) Female: 55% (Up from 50% in ‘14)
Full-time Total Program Costs (AY 2015-16)
Tuition- $1,325/unit* $ 65,045.00
Wellness Center Fee (9+) $ 360.00
ASUOP & Activity Fees (9+) $ 420.00
Travel – Global course (est.)** $ 3,000.00
Books & Personal (est.)*** $ 7,500.00
TOTAL COSTS $ 74, 625.00
* MAcc tuition is $42,934, PT tuition is approximately $45,690
** Global expenses vary, but usually capped at
$3,500
*** Costs vary by location and required texts.
Scholarships and Assistantships – FT Only Eberhardt Merit Scholarships
Joseph Kaeslin Memorial Endowed Scholarship Edward M. Nagel Scholarships Robert and Frances Ferguson MBA Endowed Scholarship Credit Bureau of San Joaquin Endowed Scholarship Marian & George Malloy Endowed MBA Scholarship
PharmD/MBA Merit-Based Scholarship Long Foundation(s) scholarships for PharmD/MBA
MBA Merit-Based Graduate Assistantships 1/3 Tuition Assistantship 1/2 Tuition Eberhardt Scholars Assistantship
Time for some Q & A
For more information
Call: 209.946.2629 (Stockton)or
916.733.2817 (Sacramento)
E-mail: [email protected]
Web: go.pacific.edu/mbago.pacific.edu/sacmba
START HERE. GO ANYWHERE.
www.business.pacific.edu
Eberhardt School of Business