Healthcare MBA

Make a Difference in Healthcare

Urbana University has created a Healthcare MBA to address the growing business needs of Medical Doctors.  The program has been designed specifically for Medical Doctors and MD students. The pacing, content and loan packages are designed specifically for MD students.

Why pursue an MBA and Program Highlights

Who can apply and Prerequisites

Start dates and Deadlines

Costs and Financial Aid

Instructions to Apply

Frequently Asked Questions

Contact Information

Why an MBA 

Some advantages of earning an MBA alongside your MD may include:

  • Higher starting salary - MD/MBAs have nearly a starting salary of nearly $100,000 more than their MD only colleagues
  • MD students will find an MBA is an advantage on residency applications
  • Confidence to discuss important healthcare topics with patients and administrators
  • Essential business skills to run a successful practice
  • Network with other MDs also pursuing an MBA
  • Provide exceptional patient care through good management of the Healthcare system
  • Since Urbana University is a regionally accredited university; eligible students who take at least one course every other 12-week term are welcome to apply for Title IV Federal Aid. This aid may include tuition for the MBA classes and funds for living expenses while pursuing the MBA.

Program Highlights

  • Delivered entirely online - complete courses from anywhere
  • Customized course sequences designed exclusively for MD students to meet career objectives 
  • Healthcare focused business courses
  • Regionally Accredited by the Higher Learning Commission and a member of the North Central Association of College and Schools (HLC NCA)
  • Internationally recognized business program and accredited by International Assembly for Collegiate Business Education (IACBE)
  • Small class sizes – each course will not exceed 30 students
  • Program consists of 9 courses each class is approximately twelve weeks long
  • Complete the program in as little as 2.5 years part time, or take up to 5 years to better accommodate your schedule
  • High quality academic advising online, over the phone, and on location at select medical schools
  • No GMAT, GRE, or MAT admission test required

Courses:

Each course includes a 3 credit course as described below – plus a 1 credit healthcare component.  Sometimes this single credit of work will be a stand along chapter, other times it will be integrated into the regular content.

Students will see two courses: BSG XXX and BSGXXXH this ‘H’ course designates the Healthcare specific attributes of the course, though students will log into one single course module to complete all 4 credits.

All new MBA students must begin with BSG 500 and end with BSG 600.  Other courses may be taken in any offered sequence.

BSG 500 MBA Essentials

This course prepares and orients students for the MBA Program. Attention is focused on connecting goals of the MBA Program with personal and professional aspirations. Topics covered include introductory concepts of financial accounting and fundamentals of economics.

BSG 502 Managerial Economics

This course is a study of the principles underlying some of the key decisions in a modern business enterprise in the areas of production, product pricing and resource demand. Attention is focused on the different Industry structures in which firms operate (competitive, oligopolistic etc.) as well as the nature and characteristics of consumer demand.  Prerequisite: BSG 500

BSG 503 Management Science and Operations Management

This course examines management science techniques used In modern organizations for assisting decision makers in today's complex and uncertain environment. Topics covered include linear and integer programming, decisions under uncertainty, simulation and game theory, and project planning and analysis tools.  The course utilizes both lecture and case studies.  Prerequisite:  BSG 500

BSG 504 Leadership and Organizational Behavior

This course examines the human side of organizations. The role of manager is examined to gain insight into those skills that facilitate leadership, organizational change and development, and managing human relationships.  Prerequisite:   BSG 500

BSG 505 Managerial Accounting

This course focuses on developing those accounting tools which assist management. Emphasis will be on budgeting, cost derivation and measurement, product costing, cost systems and variance analysis, inventory valuation and control, and capitol expenditure analysis. Prerequisite:  BSG 500

BSG 506 Marketing Strategy

The course examines the marketing role within the organization. A managerial emphasis is utilized; focusing upon development of the organization's marketing policy and strategy, analysis and selection of markets to target, managing tactical response to a dynamic environment, and implementing the major elements of marketing policy.  Prerequisite: BSG 500

BSG 507 Managerial Finance

This course examines the role of financial management in supporting and sustaining the functional areas of the firm. Using cases and readings, students gain insight into the analysis of financial problems as well as the development of financial strategy. Prerequisite: BSG 500

BSG 508 Global Environment of Business

The course deals with a cross-cultural assessment of business practice focusing upon managerial implications, consumer behavior patterns, cultural values, negotiation styles, financial models and legal and political considerations.  Cases and real world business problems will be used to gain decision-making insight into the challenges of global business.   Prerequisite:   BSG 500

BSG 600 Business Strategy and Policy

This course integrates prior studies and exposes future managers to the challenge of creating and sustaining competitive advantage in the marketplace, while maintaining sufficient profitability. Through extensive case studies students must utilize accumulated knowledge from their entire MBA program in order to successfully master the challenges presented.  Prerequisite:  BSG 500 - 508

Who can Apply 

  • Do you have 6-10 hours per week to devote to an MBA class?
  • Have you earned a bachelor’s degree? **
  • Do you have an undergrad GPA of 2.5 or combined 2.5 GPA from undergrad and graduate?
  • Are you a current or prospective MD student or graduate?

If you answered yes to all of the above – you are welcome to apply.

Prospective MD students may begin their MBA prior to beginning their MD studies.

AUA students please note:

**AUA MED 5 and higher students, who did not complete a bachelor’s degree prior to entry to AUA, may apply for an AUA Bachelor’s degree.  Request a degree audit from AUA Registrar's office registrar@auamed.org 

On approval of the AUA Bachelor's degree request official AUA Transcripts from Ms. Janet James include in the request the request is for the affiliate Healthcare MBA to ensure charges are waived for the AUA transcript request.

Course Dates and Application Deadlines 

There are 4 terms per year each term is approximately 12 weeks. 

Students may begin in any term.

Please apply and register early as the classes will fill first come first served. 

Start Date Select in Application Last day to Apply Course End date
December 30, 2013 Spring (January) December 13, 2013 March 21, 2014
March 31, 2014 Spring (January) March 24, 2014 June 20, 2014
July 7, 2014 Summer (May or June) June 29, 2014 September 26, 2014
October 6, 2014 Fall (August) September 26, 2014 December 26, 2014
January 5, 2015 Spring (January) December 18, 2014 March 27, 2015
April 6, 2015 Spring (January) March 27, 2015 June 26, 2015

 

** Applying before the deadline does not guarantee financial aid will be processed in time for the class; apply as early as possible to ensure substantial time to process financial aid and that seats remain in the class.

Add/Drop and Withdraw:

  • To change a start term prior to the start of the program email Danielle: dhermon@auamed.org
  • Accepted students may add a course up until the “drop date” as long as seats remain in that course.
  • Once a course has started students may drop or withdraw prior to the dates listed below.
  • Students who withdraw from a course will be required to pay tuition for part of the course.
  • Students who drop or withdraw are not eligible for financial aid for that term and must return any aid awarded for that term.
  • Dates are subject to change
  • Drop form:
  • Send completed from to John Thomas: jthomas@urbana.edu and Danielle: dhermon@auamed.org
Start Date Last day to Drop Last day to Withdraw
December 30, 2013 January 2, 2014 February 28, 2014
March 31, 2014 April 3, 2014 May 30, 2014
July 7, 2014 July 10, 2014 September 5, 2014
October 6, 2014 October 9, 2014 December 5, 2014
January 5, 2015 January 8, 2015 March 6, 2015
April 6, 2015 April 9, 2015 June 5, 2015

 

Tuition:

Tuition is $450 per credit.  Each course is 4 credits. (tuition is subject to change)

Financial Aid Overview:

Eligible students taking one 4 credit MBA course every other term may qualify for financial aid. Eligible students may borrow MBA tuition expenses and money for living expenses while pursuing an MBA. 

Students are welcome to use the ‘living expense’ money to pay for housing and transportation while in basic sciences or rotations, however Title IV funds from the MBA (or any other grad school) should never be used to pay tuition at your medical college as this violates federal student loan regulations.

Students who plan to apply for financial aid should fill out a FAFSA at the same time that an application is submitted.  Students SHOULD NOT WAIT FOR AN ADMISSIONS DECISION.  

Financial Aid Application

  • Fill out (or update) the FAFSA form: www.fafsa.ed.gov
  • Include Urbana code 003133 on the application
  • Fill out a GRAD PLUS loan application if your annual cost of attendance exceeds $20,500 (see below)
  • Attend online Entrance Loan Counseling for Stafford and Graduate Plus loans (if appropriate)
  • Electronically Sign Master Promissory Notes for Stafford Loans and Grad Plus loans (if appropriate)
  • Review and accept your aid information in your Urbana Student portal
  • Contact the business office to change the mailing address for a reimbursement loan check

Cost of Attendance (COA):

Eligible students may borrow up to the full cost of attendance per year.  

The cost of attendance will vary based on the student's selected program plan.

PROGRAM PLAN A: 2 COURSES PER YEAR

  • 12 weeks on and 12 weeks off (2 courses per year)
  • 2 disbursements of $6,199 each (tuition already subtracted)
  • Total living expense funds per year $12,398
  • Total loan with tuition $16,036 per year
  • All unsubsidized Stafford Loan

PROGRAM PLAN B: 4 COURSES PER YEAR

  • 4 courses per year – one per term
  • 4 disbursements of $6,189.25 each (tuition already subtracted)
  • Total living expense funds per year $26,629
  • Total loan with tuition $31,957 per year
  • The first $5,125 each term is an unsubsidized Stafford Loan
  • The remaining $2,864.25 is a GRAD PLUS loan

NOTES:

  • To keep US Federal loans in deferment students must enroll in one course every six months
  • GRAD PLUS loan requires an additional application and a credit check
  • The program requires just 9 courses – please plan accordingly so you do not complete your MBA before you wish to do so
  • Disbursements will be made one month into the start of the course
  • Living expense funds may NOT be used to pay tuition at another university
  • Eligibility is determined by US Federal government

Instructions to Apply (for AUA students and AUA applicants) 

For prospective and current AUA students who have submitted an application to AUACOM:

Steps 1-2 should be completed concurrently

1. Complete the online application:

http://www.urbana.edu/admissions/uu-graduate/apply-now.html

Fill in only the boxes with a * and your SSN if you have one.  You do not need to pay the application fee.  Urbana will use the information including personal statement and letters of recommendation from your AUA Admission file where available.

Select "Healthcare MBA"

See course dates for the appropriate term.

 2. Release your AUA admissions file to Urbana

Fax the FERPA release form to: (917) 677-7166 (cover page not necessary); or scan (or photograph) and e-mail: dhermon@auamed.org

For a Pdf form that may be digitally signed email: dhermon@auamed.org

You will receive a confirmation of receipt of the FERPA form within 2 business days. If you do not get a confirmation – resend the form and e-mail Danielle Hermon 

AUA will make every effort to provide your AUA admission file to Urbana. Occasionally, admission documents are purged from student records and are no longer available. Students will be notified of missing documents and students will be required to collect and send those required documents directly to Urbana in the event they are not included in the AUA file.

Admissions decisions are sent via email and will be determined 2-3 weeks following a completed application file. 

3.  Apply for financial aid (if seeking financial aid)

Fill out (or update) the FAFSA form: www.fafsa.ed.govInclude Urbana code 003133 on the application. Immediately apply for financial aid; DO NOT WAIT FOR A DECISION. Non-US citizens are welcome to enroll in the program but might not be eligible for US Federal Student loans (see fafsa.ed.gov for additional information)

4. Request official transcripts from all undergraduate colleges sent directly to Urbana

Urbana will use documents on file at AUA to make an initial decision but all students are required to submit official undergraduate transcripts directly to Urbana for accreditation purposes.

All students must have official undergraduate transcripts on file prior to the end of their first MBA course.  

If you are the recipient of an AUA or KMCIC Bachelor's degree you must request official AUA or KMCIC transcripts sent to Urbana.

Direct transcripts to:
ATTN: Jodie Walker
579 College Way
Urbana, OH 43078
Or fax to 937-484-1251 (fax must come directly from undergraduate institution)

Emailed transcripts to jwalker@urbana.edu are acceptable only if the issuing institution participates in an electronic email service

 5. Once accepted:

Email your Program Plan and start date to dhermon@auamed.org

Following submission of program plan students will be automatically registered for their first course

Log in information will be sent via email about 2 weeks prior to the start of the course

Instructions to Apply (from a non-partner school)

Complete the online application:

http://www.urbana.edu/admissions/uu-graduate/apply-now.html

Select "Healthcare MBA"

See course dates for the appropriate term.

Request official transcripts from all undergraduate colleges sent directly to Urbana

Where available email unofficial transcripts to Danielle Hermon: dhermon@auamed.org these will be used to make an initial decision.  Official transcripts are required for all registered students.

Send official transcripts to:

ATTN: Jodie Walker
579 College Way
Urbana, OH 43078
Or fax to 937-484-1251 (fax must come directly from undergraduate institution)

Emailed transcripts to jwalker@urbana.edu are acceptable only if the issuing institution participates in an electronic email service

Transcripts from institutions outside of the United States will require a WES evaluation prior to consideration.

Supplemental admission documentsInclude resume, personal statement and 3 letters of reference in application

Or send to: dhermon@auamed.org

Once accepted:

Email your Program Plan and start date to dhermon@auamed.org

Following submission of program plan students will be automatically registered for their first course

Log in information will be sent via email about 2 weeks prior to the start of the course

Frequently Asked Questions 

Where do I send my undergraduate transcripts?

ATTN: Jodie Walker

579 College Way

Urbana, OH 43078

Or fax to 937-484-1251 (fax must come directly from undergraduate institution)

If your college participates in an electronic transcript program those may be emailed from that service tojwalker@urbana.edu

How many classes are required to complete the program?

9 - courses.  Each course is 4 credits.

How long is each term?

Each term is approximately 12 weeks

How long does the program take to complete?

4 terms are offered per year, if you take one class per term you can complete the program in 2.5 years.  Most students will take one course every other term (12 weeks on and 12 weeks off) through Basic Sciences and take fewer breaks during Clinical Rotations to complete the program in 4 years.

Can I take time off during the program?

Yes! You can take up to 5 years to complete the program from the time you start. If you need to take a term or two off you will not be eligible for a loan for that term, however, you loans from your MBA won’t go into repayment as long as your time off does not extend more than 6 consecutive months.

I was accepted for December but I want to start in March – is that okay?

Yes! Just send an e-mail to Danielle: dhermon@auamed.org 

I applied now what?

  • Submit a release form
  • Update your FAFSA
  • Wait for a decision and then log in information
  • Email Danielle for application status at any time: dhermon@auamed.org

When can I start?

You may begin from any semester during your medical school studies and any term at in the MBA. See ‘Deadlines’

How many credits do I have to plan to take to be eligible for Financial Aid?

4 Credits every other MBA term

I am a science major – can I still participate?

Yes! The program is designed for non-business majors. All students begin with a Business Foundations course that paves the way for the rest of the program. 

I go to Davenport/Phoenix/Plymouth/Walden can I transfer?

Yes! Transfer credit will be awarded for successfully completed MBA classes at another school. Once an application is submitted email an unofficial Masters transcript to Danielle Hermon: dhermon@auamed.org for advanced standing consideration

I need academic advising!

E-mail John Thomas: jthomas@urbana.edu  to ask a question or set up an appointment

When can I expect my reimbursement loan check?

The Urbana business office will mail reimbursement checks 3 weeks after the start of the term to a US address you designate in your FAFSA

Will my grades from MBA affect my standing/GPA at my medical school?

No, the programs are separate. Academic standing at your medical school will not affect eligibility in the MBA and vice versa.

Are all the classes online?

Yes. Graduates of the MBA program will be invited to commencement ceremonies in Urbana, OH on completion of their degree.  There may be optional onsite course options in Antigua. 

How do I register for my second term?

New students will be registered for the foundation course on receipt of a program plan. Returning students should contact Danielle Hermon dhermon@auamed.org for registration instructions

Can I talk to AUA students currently enrolled in the program?

Yes, contact your SGA leaders, or visit the student run Facebook page: https://www.facebook.com/groups/HealthcareMBA/

Contact Information:

Financial Aid: 
Erika Robison financial aid coordinator 
erobison@urbana.edu
TEL: 937-484-1230
FAX: 937-652-6871 

Application Status and Program Planning:
Danielle Hermon
dhermon@auamed.org 
TEL: (603) 892-6881
FAX: (917) 677-7166 

Academic Advising:
John Thomas
jthomas@urbana.edu
TEL (937) 484-1245 

Business office
(to update the address of your loan check)
April Reisinger
areisinger@urbana.edu
TEL (937) 484-1329 

Log In and IT support
Monica Kramer
mkramer@urbana.edu
TEL (937) 484.1247

From Our Alumni

"What would I tell today's students about business? I would tell them that rather than competing they should be creating. Open your minds and think the unthinkable and then make your goods or services become a unique reality for your customers.  Do something different than everyone else is doing.  Create!"

-Martin J. Radošević
Class of '98, 2000 MBA   

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