health care university of st thomas mba
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Slideshare highlighting the details and value of UST's Health Care MBA.TRANSCRIPT
UST Health Care MBAOverview
Overview – Info Session
• About the University of St. Thomas• Distinctive Features
– Over 20 Years In Health Care Education– Dual Accreditation– Blended & Flexible Design– Cohort Value– Health Policy Seminar
• Health Care Focus• Our Faculty• Program Fit• Next Steps & Admissions
Minnesota’s largest independent university, founded in 1885
• Nearly 11,000 students• Approximately 40% graduate level• Eight academic divisions & 46 graduate programs• UST MBA network of over 17,000 alumni
About UST
The University of St. Thomas
The Health Care UST MBA Program20+ Year History of Excellence
• Medical Group Management MBA founded in 1993• Name and focus broadened in 2004/05 to encompass
entire health care industry• Nearly 300 alumni throughout the Upper Midwest and
across the country.
• Over 20 Years In Healthcare EducationWe have a rich history of educating healthcare professionals for over 22 years!
• Dual AccreditationThe only MBA program in the region with accreditation by both AACSB (Association to Advance Collegiate Schools of Business) and CAHME (the Commission on Accreditation of Healthcare Management Education
• Blended & Flexible DesignQuarterly on-campus sessions in Minneapolis coupled with interactive online coursework offers flexibility for working professionals, regardless of where they live
• Cohort LearningHighly experienced professionals from throughout the healthcare industry provide a foundation for cross-functional and systematic understanding
• Health Policy SeminarThree days of immersion provides an insider’s view of federal health policy
Distinctive Features
Program Accreditation
Association to Advance Collegiate Schools of BusinessAdvancing Quality Management Education Worldwide. Only ~5% of business schools world-wide are accredited. Granted to the University of St. Thomas Opus College of Business in 2010
Commission on Accreditation of Healthcare Management Education Serves the public by promoting, evaluating, and improving the quality of graduate healthcare management education in the United States and Canada.
Higher Learning Commission The University of St. Thomas has been regionally accredited since 1916.
The only program in the region with dual accreditation by both CAHME &
AACSB
Quarterly On-Campus Sessions • Session: Thursday, Friday & Saturday
• Quarterly: September, November, March and May
Collaborative Online Learning • 2 classes taken over 9 weeks
• Coursework can be accessed online anywhere, anytime via Blackboard
• Discussion Threads
• Webinars (recorded)
• Team & Individual Projects
“The course packs were a game-changer. These provided the flexibility I needed to
have anytime-access to the course materials I needed, wherever I happened to be.”
—Amy Sayers, OptumHealth, MBA ‘11
Blended & Flexible Design
Cohort Learning
• Experience teamwork, collaboration, and debate from across the health care industry
• Attain a comprehensive, systems perspective through shared learning
• Create a life-long, valuable professional network
• The cohort is rated as one of the most important features of the program by alumni
“The cohort model allows us to get to know each other, which enhances our ability to learn from one another. We are also expanding our professional network and building lasting relationships as a result.”
—Jon Henkel, R.N., Director, Guest Experience, Regions Hospital, MBA ‘09
Cohort Learning – Student Perspective
“The main feature that drew me to St. Thomas was the cohort model… I
learned more from this cohort than from any group I’ve ever learned from.”
Krissy Dockery, ‘11 M.B.A.
Clinical Research Associate, Medtronic
View Krissy’s remarks about the value of the cohort model and other
program features at:http://
www.youtube.com/watch?v=GTve9GGdKxM
The cohort represents the diversity of the health care industry:
• 20-40% are physicians
• 10-25% are nurses
• Approximately 40% work in the for-profit health care sector
• Average work experience is 13 years
• Cohort size is roughly 25-35 students
• 90%+ have an undergraduate major in a non-business field
Cohort Learning – Student Profile
Gain a systematic understanding of health care with colleagues representing all sectors of the industry
Cohort Learning – Diversity of Industry
Health Care Focus – Integrated Curriculum
• A health care focus is integrated into every course, ensuring relevance and real-world application.
• 18 three-credit courses
• 54 credits total
• Program Completion - 27 months *Program may be shorter beginning Fall 2015. Confirmation in February 2015.
Business core Strategic ManagementBusiness EthicsStatistical Methods for Decision MakingManagement of Organizational BehaviorHuman Resource ManagementFinancial AccountingLeadershipMarketing ManagementFinancial ManagementManagerial AccountingOperations Management
Health Care Core Health Care EconomicsHealth LawHealth Policy with SeminarOverview of the Health Care SystemIntegrative Study/Individual ProjectSystems Perspectives in Health Care ManagementHealth Care Business Analytics
Health Care Focus – Student Perspective
“I’ve learned new ways to have dialogue with my key customers... Learning about
what providers are thinking and what’s important to them [was key] so I can be
more relevant, trusted, and valued.”
Rich Olson, ‘11 M.B.A.Lead Executive Specialist,
Merck & Co., Inc.
View Rich’s remarks about the value of the health care focus and other
program features at:http://www.youtube.com/watch?v=oRBLV-h-UGQ
3 days of policy immersion during Health Policy class in 2nd year
Health Care Focus –Policy Seminar
Members of Cohort 18 with the Surgeon General of the United States, Regina Benjamin, MD.
Interaction with key players in health policy, including policymakers, staffers, lobbyists, and more.
Students meeting with former Senator Thomas Daschle
Health Care UST MBA – Preparing You
• To apply the tools of business to inform their decision-making in the complex environment of health care
• To use a systems perspective to recognize opportunities for value creation, innovation, and collaboration
• To lead during times of rapid change with confidence, credibility, and strategic vision
“A degree from St. Thomas means something. Pursuing an MBA degree shows you’re seeking change and are
willing to accept a challenge.”
-Terence Pladson, M.D., CEO, CentraCare Health System, MBA ‘98
Health Care UST MBA – Student Perspective
“It’s solidifying that real-world experience - putting a stronger
foundation underneath - so I can go forth with more confidence.”
Amy Sayers, ‘11 M.B.A.Business Integration Lead
Prime Therapeutics
View Amy’s remarks about the value of the UST MBA business foundation :
http://www.youtube.com/watch?v=aXfJbKx4p0k
• Credentialed business faculty
• Accomplished practitioners
• Committed to student success
• Dedicated resources
• Individualized attention
Health Care MBA Faculty
“It feels like there were no boundaries to the support I received here.”
Michelle Noltimier, RN, ‘12 M.B.A.Nurse Manager, Emergency
Department, Regions Hospital
• Learning model tailored to experienced professionals
• Focus on collaborative learning
• Diverse & knowledgeable cohort of peers
• Relevant & skilled network of educators
• Passion for advancing the practice of health care
Health Care MBA Program Fit
Health Care MBA Program Fit
“I now have the knowledge to make a huge difference in patient care and efficiencies,
and the understanding of finance and national reform that puts me in a position
to benefit my organization and our patients.”
Gary Collins, MD, ‘11 M.B.A.
Dept. Head of Surgery, Medical Director, Quality & Safety, Regions Hospital, HealthPartners
View Gary’s complete remarks about work/life balance and the value of the
program:
http://www.youtube.com/watch?v=TY54z_atZwY
Rolling Admissions• Applicants are accepted on a rolling basis. • Admission decision sent within two weeks of admissions interview,
if file is complete.
Important Dates for 2015• May 2 – Priority deadline for scholarship consideration• June 1 - Final application deadline*• New student orientation: August 7 (may change fall 2015)
• First days on campus: September 4 – 6 (may change fall 2015)*Applications arriving after June 1 are welcome and will be considered as space remains available in the incoming class.
Admissions Information
Next Steps
“I have made life-long friends and lifetime contacts that I know I will use
time and time again.”
Joy Plamann, RN, ‘11 M.B.A.Care Center Director for Medicine,
St. Cloud Hospital, CentraCare Health System
View Joy’s remarks about her experience with the program:
http://www.youtube.com/watch?v=Kd_VjNHxE90
Next Steps
Continue The Dialogue• Schedule a one-on-one conversation or campus visit
• Connect with a current student, recent alumnus, or faculty member
• Contact Health Care UST MBA Admissions: 651-962-4135 or [email protected]
• Attend Class Observation: See details under Upcoming Events at: www.StThomas.edu/HealthCareMBA
• Begin the online application process
• 2015 application fee waiver code: HCMBA2014 (waives $75 application fee)