2021-2022 University Catalog [ARCHIVED CATALOG]
Master of Healthcare Administration, Finance Concentration, M.H.A.
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Return to: Robert W. Plaster School of Business
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Master of Healthcare Administration M.H.A.
The Master of Healthcare Administration (MHA) program is in the School of Business which is housed within the College of Management and is designed for those individuals who are currently, or who aspire to be, leaders in a variety of health settings. Today’s health organizations need administrators who can manage the current components of healthcare, as well as lead the health sector in new directions. The MHA program offers students the opportunity to understand and master the organizational, legal, financial, political and managerial aspects of health systems management. The MHA program offers a unique curriculum that is designed specifically to meet the career needs of future health leaders.
Vision
The Master of Healthcare Administration program is designed to prepare learners for the challenges of a global society, including utilization of innovative approaches to managing and leading, solving complex problems, and adhering to the ethical and professional standards of the healthcare system.
Mission
The Master of Healthcare Administration program provides healthcare administrators the tools to ensure efficient and effective delivery of quality health-related products and services to diverse communities.
Program Goals
The graduates will consistently be able to:
- Formulate a communication strategy that will cultivate professional relationships amongst a diverse group of stakeholders in order to achieve cooperation, promote teamwork, demonstrate respect, and maintain a competitive advantage in the market place.
- Assess the level of professionalism necessary to succeed in the highly dynamic and demanding industry by maintaining personal and professional accountability, engaging in ongoing professional development, and demonstrating a commitment to the welfare of the facility/organization, surrounding community and the profession.
- Demonstrate the ability to function autonomously and take responsibility for managing a diverse group of professionals within a highly complex and changing healthcare environment.
- Develop a clear and achievable organizational vision for the future which promotes the entrepreneurial spirit and contributes to the formation of a culture and climate that embraces change in order to achieve excellence in product and service delivery.
- Assess the healthcare environment and its constructs in order to pinpoint industry risks and opportunities, and then actively contribute to viable strategy formulation that effectively leverages internal competencies to achieve organizational success.
- Synthesize relevant internal and external data in order to position complex organizations for fiscal and operational success, despite existing barriers, in order to maintain a strong competitive advantage within a dynamic and demanding industry.
- Demonstrate advanced problem solving skills in the construction of viable and ethical solutions to complex issues that may negatively impact product and service delivery.
Admission Requirements
See Admissions Policies and Procedures for further details.
- A bachelor’s degree from an acceptable accredited United States institution or the equivalent from a foreign institution .
- A minimum of a 2.75 cumulative grade point average on a 4.0 scale in the bachelor’s degree.
- Submission of official transcripts is required (except for Park University alumni).
- Students with a cumulative grade point average below 2.75 may be considered for probationary admission. Submission of additional documentation may be requested by the Program Director.
Note: The only admission requirements waived for Park University alumni are the application fee and submission of official transcripts.
For more information regarding the Master of Healthcare Administration program, please visit www.park.edu/mha.
Sequential Degree
This program is a participant of the Sequential Degree option.
Format and Delivery of Courses
- Online: Courses in the MHA program are predominantly online. Students may meet all course requirements through an online format.
- Blended: All ground courses are offered using a blended delivery format. This means that each weekly class session includes a physical classroom and an online component. In this format, students are expected to complete assigned readings, review supplemental materials, and complete certain assignments prior to the class session. During the class sessions, the instructors will facilitate in-class activities that promote collaborative learning and provide opportunities to apply learned concepts.
Requirements For: Master - 36 Hours, 3.0 GPA
Concentrations
Students complete all core courses to provide a curricular foundation. The general MHA program offers the flexibility to tailor electives to the student’s professional interests. Ample formal concentration choices allow for a chosen focus. In lieu of the general MHA, students may select one of the following concentrations:
Finance Concentration
The Finance concentration provides graduates with broad professional competence and skills for careers in executive positions at financial institutions and other organizations. This concentration offers students extensive understanding of core skillsets in financial modeling, debt and equity issues, valuation, mergers and acquisitions, financial planning, risk management, financial reporting and analysis, and taxation necessary for modern corporate finance positions and consulting. By incorporating critical strategies and techniques in areas such as investment and commercial banks, financial, general management consulting, venture capital and private equity firms, and corporate finance within 500 large-cap companies, graduates are primed for financial challenges in national and international arenas. This concentration allows students to tailor their program to their professional goals and prepare them for career opportunities such as:
- Investment Management. Prepares candidates for a career as a security analyst, money manager, brokerage firm analyst, insurance company representative or other financial job function.
- Corporate Financial Management. Prepares candidates to be financial managers with responsibilities in risk management, strategic planning, budgeting, financial forecasting, cash management, credit administration, investment analysis and funds procurement.
Graduation Requirements
Park University confers the Master of Healthcare Administration degrees at selected locations when a candidate has satisfied the following conditions:
- Completion of a minimum of 36 semester hours.
- Cumulative GPA of 3.0 for Park University courses.
- Satisfaction of all requirements for a major as outlined in this catalog.
- Completion of all earned credit with no more than 2 grades of C earned.
- Submission of an Application for Graduation.
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Return to: Robert W. Plaster School of Business
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