Northeastern University is also featured in our ranking Top 50 Best Online MBA in Healthcare Management Degree Programs.
Northeastern University (NU) is a private research university located in the Fenway-Kenmore, Roxbury, South End, and Back Bay neighborhoods of Boston, MA. The school also has expanded to include satellite campuses offering graduate degrees in Seattle, WA, San Jose, CA, Toronto, Canada, and Charlotte, NC. The university maintains a low enrollment in order to boost the quality of its educational program and its low student to faculty ratio. There are currently 18,000 undergraduate and 7,000 graduate students enrolled at NU. The university is distinguished by its cooperative education programs, known as co-ops. This educational model combines classroom learning with real life experience, and most programs within the university offer students options to complement their academic instruction with internships and experiences at one of NU’s 3,100 worldwide professional partners. In tandem with the co-op model, NU also provides numerous opportunities for study abroad programs, increasing the international efficacy of graduates. The D’Amore-McKim School of Business at NU offers full-time MBA degrees that include full-time residencies and are taught by top-tier research faculty. 35 percent of business students travel abroad during their time with the program.
NU was founded in 1898 as the Evening Institute for Younger Men at a local YMCA location. In 1935, it established its liberal arts college and began admitting women following World War II. Though enrollment soared in the 1980s, the university leadership began a slow and deliberate restructuring of the university to create a higher quality educational experience. The result is the current offering of 125 graduate programs and 100 undergraduate degrees. Because of its co-op model and top tier education, NU admissions is highly competitive with over 50,000 applications each year.
MBA in Healthcare Management Program Highlights
The MBA in Healthcare Management, offered through the D’Amore and McKim School of Business is a unique program that expertly combines critical thinking and real-world experience to prepare graduates for work in the dynamic field of healthcare management. One of the program’s highlights is a six-month paid corporate residency in an organization that works within fields like health informatics, healthcare supply chains, and healthcare systems engineering. Student emerge from the program with a competitive resume, and 100 percent of students who completed the degree in 2015 found jobs within their field. There are three core elements to the MBA: the MBA core curriculum and electives, the residency, and the global projects course.
The MBA core curriculum is designed to give students an understanding of business principles within healthcare and includes courses like Healthcare Finance, Healthcare Organizational Management, and The American Healthcare System. Electives can be tailored to individual career goals and interests. The residency is a six-month, full-time paid internship within a high-level organization. Students work with the Graduate Career Center to find a placement that fits with their skills and career goals. Finally, the global projects course gives students the opportunity to work in teams as consultants for top-tier, multinational healthcare corporations. Students complete research and provide recommendations to these organizations, giving the students experience and acumen in international business relationships.
Northeastern University Accreditation Details
Northeastern University is accredited by the New England Association of Schools and Colleges (NEASC). The NEASC is recognized by the United States Department of Education. NU was first accredited in 1940 and most recently renewed their accreditation in 2008. The next review of the university is scheduled for Fall 2018. The MBA programs within the D’Amore-McKim School of Business, including the MBA in Healthcare Management, are accredited by the Association to Advance Collegiate Schools of Business (AACSB International).
Northeastern University MBA Application Requirements
Applicants to the NU MBA in Healthcare Management should prepare for a competitive application process. There are early admissions deadlines each year, and students who apply before those deadlines will receive greater notice about their admissions decision. The program features a small cohort and begins each September. The application process must be completed online, and the application requires the submission of a non-refundable $100 application fee. Each applicant must complete a personal statement that explains their long and short-term career goals, potential future challenges, and reasons for applying to the NU program specifically. Two letters of recommendation from professional or academic references should also be submitted online through email or a provided recommendation form. Students may scan copies of their transcripts and GMAT or GRE scores to submit to the university. Transcripts and scores should not be sent through the mail.
Upon acceptance to the program, candidates will be required to submit official transcripts and test scores to confirm their enrollment. Applicants who completed their undergraduate degree in a language other than English will also be required to submit TOEFL or other English language testing scores. Applications will be kept on file for one year, and applicants who wish to reapply the following year may work with admissions workers to re-use application materials they have already submitted. In some cases, applicants may be invited to interviews, but these interviews are available by invitation only.
Tuition and Financial Aid
Tuition for the MBA in Healthcare Management is $66,528. Additionally, fees of about $150 will be assessed each semester. Students are encouraged to apply for federal financial aid if they are eligible. There are a variety of competitive scholarships available for the MBA program, and all students who are admitted will automatically be considered for financial awards. These awards will be based on application materials including transcripts, GMAT scores, personal statements, and professional references. Scholarships range from 25-100 percent of degree tuition and may be renewed for the second year of study. These awards range from school-sponsored scholarships, like the Northeastern University MBA Achievers Scholarship, to scholarships that come from partner organizations, like the Northeastern University/National Black MBA Association MBA Scholarship. MBA students are required to be enrolled in a health insurance program. A qualifying student program is offered by the school. Additionally, students moving to Boston to pursue a Master of Business Administration in Healthcare Management at Northeastern University can expect to pay at least $1,800 per month for room and board.