Online MHA-MBA Dual Degree Programs – Healthcare & Business Administration

“Dual degrees like the MBA-MHA program provide multiple competitive advantages to individuals who wish to ascend the corporate ladder in a healthcare organization.”

Petros Xanthopoulos, PhD, Executive Director of Graduate Programs, School of Business Administration, Stetson University

Healthcare is one of the biggest indicators of progress in an economy. For healthcare systems to thrive, leadership must be able to balance effective patient care with rising healthcare costs. Hence, several universities now offer dual degree programs in healthcare and business administration. These programs not only focus on the various aspects of nursing and patient care but also offer students an understanding of healthcare’s financial, economic, and regulatory aspects. A number of these programs are also available online.

Dual degree programs in healthcare and business administration generally comprise 54 to 65 credits and can be completed in two to three years. The coursework includes topics such as long-term care administration, health services and systems, leadership in healthcare, marketing management, communication, healthcare management, and analytics. Students are trained to view all decisions from a business perspective while also keeping the patient’s best interests in mind.

Upon completing the program, students can take up leadership and managerial roles in healthcare organizations such as hospitals, long-term care institutes, and clinics.

The following guide discusses exceptional online dual degree programs in healthcare and business administration.

Meet the Expert: Petros Xanthopoulos, PhD

Petros Xanthopoulos

Dr. Petros Xanthopoulos is the executive director of graduate programs at the School of Business Administration at Stetson University, where he also holds the position of associate professor of business systems and analytics. He completed his undergraduate studies at the Technical University of Crete in Greece and earned both his master’s and doctoral degrees from the University of Florida. His academic and research focus bridges business and computer science, with a particular interest in the application of data science, machine learning, and artificial intelligence in business contexts.

Dr. Xanthopoulos is a member of the Institute for Operations Research and the Management Sciences (INFORMS) and has served on editorial boards for several journals published by Springer and Elsevier. His scholarly work has been featured in reputable journals, including Information Processing & Management, Annals of Operations Research, Omega, Expert Systems with Applications, and Optimization Letters, among others.

MHAOnline.com: What is something you wish the public understood about MBA-MHA programs like yours?

Dr. Xanthopoulos: Dual degrees like the MBA-MHA program provide multiple competitive advantages to individuals who wish to ascend the corporate ladder in a healthcare organization. The MBA coursework is a degree that expands the breadth of understanding of the student about how the different pieces of an organization works. Then the MHA dives into the specifics of healthcare management. Together, they help to forge effective and innovative healthcare leaders.

MHAOnline.com: Do you have any advice for those who may be considering an MBA-MHA dual-degree program?

Dr. Xanthopoulos: First, make sure that you are considering accredited programs from reputable schools. For example, when considering a business program make sure that the university is regionally accredited and the business school is accredited by the Association to Advance Collegiate Schools of Business (AACSB).

Second, make sure that you talk to other students/ alumni of the program and understand if it aligns with your goals. Finally, plan how the coursework of a grad degree is going to fit with your work/family life schedule.

MHAOnline.com: What does the future look like for graduates of these types of programs?

Dr. Xanthopoulos: According to current data from the U.S. Bureau of Labor Statistics (BLS), the occupation of medical and health services manager has a positive outlook, with an expected job growth of 29 percent until 2033 and a six-figure annual median pay. Our dual degree program prepares students for these opportunities.

Meet the Expert: Jason Hines, JD, PhD

Jason Hines

Dr. Jason Hines is an assistant professor in the Department of Healthcare Administration at AdventHealth University. He holds a doctorate in religion, politics, and society from Baylor University, a master’s in religion from the Seminary at Andrews University, a JD from Harvard Law School, and a bachelor’s in political science from the University of Connecticut.

Dr. Hines practiced commercial litigation for five years in Philadelphia, where his clients included pharmaceutical companies like GlaxoSmithKline and Merck. He teaches several courses in the master’s in health administration program.

MHAOnline.com: What is something you wish the public understood about MBA-MHA programs like yours?

Dr. Hines: I wish the public understood how much value our MBA-MHA program creates. I mean that in a couple of ways. First, if you were to attempt to attain these two degrees separately, you would spend more time and more money than you would in this program. So on the front end, there is value for students.

Second, the program also creates a lot of value for students after they receive their degrees. Students who graduate from the program at AdventHealth University have the ability to take the skills we instill into any business or health care context, and more than that, are prepared to improve their workplaces and industries, display uncommon compassion, and make a profound impact on clients, patients, and their families.

MHAOnline.com: Do you have any advice for those who may be considering an MBA-MHA dual-degree program?

Dr. Hines: The one piece of advice I give to prospective students considering our program is to know their end goals before they apply. I do not think you should make this type of investment of time, talent, and resources, hoping that you’ll discover why you’re doing it while you’re there. I am a big believer that students should do what they love—that they should build careers around their personal mission and passions.

AdventHealth University also provides the type of faith-affirming environment that makes consideration of personal mission and motivations an integral part of the whole-person education we provide. So, someone who is applying for our program should know how attaining these degrees is going to help them build that type of career.

MHAOnline.com: What does the future look like for graduates of these types of programs?

Dr. Hines: Most of our students go on to find employment with AdventHealth, and we are grateful for the affiliation we have with the health system. We have students in different phases of life when they enter our programs. For students who come in directly from a bachelor’s degree, the future is bright because they have given themselves a lot of flexibility to chart the course of their career.

At the same, we have many students who come to the program mid-career (usually in healthcare) and they are giving themselves the flexibility to either continue to climb in the healthcare institutions where they are currently employed or move into a healthcare-related field in another industry.

Farheen Gani
Farheen Gani
Writer

Farheen Gani has written many how-to career, online program, and scholarship guides related to master of healthcare administration degrees since 2018. Some guides she has written include online healthcare management programs, master's in regulatory science programs, and health administration scholarships. She writes about healthcare, technology, education, and marketing. Her work has appeared on websites such as Tech in Asia and Foundr, as well as top SaaS blogs such as Zapier and InVision. You can connect with her on LinkedIn and Twitter (@FarheenGani).

Matt Zbrog
Matt Zbrog
Writer

Matt Zbrog is a writer and researcher from Southern California. Since 2018, he’s written extensively about emerging issues in healthcare administration and public health, with a particular focus on progressive policies that empower communities and reduce health disparities. His work centers around detailed interviews with researchers, professors, and practitioners, as well as with subject matter experts from professional associations such as the American Health Care Association / National Center for Assisted Living (AHCA/NCAL) and the American College of Health Care Executives (ACHCA).

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