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MBA in International Healthcare Management (IHM)
(excluding travel cost)
Why IHM?
Frankfurt School’s part-time MBA in International Healthcare Management is designed for working healthcare professionals (health care providers: physicians, surgeons, nurses, allied health, research positions in hospitals etc. as well as those working in the health care industry: insurance, medtech, pharma, consulting, etc.) to provide them with a thorough understanding of the international healthcare business.
The programme aims to develop responsible healthcare leaders and to equip them with practical business skills, advanced entrepreneurial skills, leadership expertise and integrity, in order to master the challenges in a globalised healthcare sector.
It fosters an enhanced awareness of healthcare issues, trends and practices likely to influence the future. International study locations in Europe, America and Asia and a diverse student body ensure a truly international experience.
Learning Goals
LG1: In-depth knowledge and understanding of general management, the impact of different healthcare systems on management decisions, as well as business acumen.
Graduates will draw upon deep or expanded functional knowledge and broad, detailed and critical understanding of the specifics, limitations and doctrines in business administration to shape their responses and independent ideas to business and innovation opportunities and challenges. Graduates demonstrate a critical understanding of the impact of various national healthcare systems on management decisions.
LG2: Analytical and critical thinking skills combining analysis, judgment and creativity to generate innovative solutions and make balanced strategic decisions in a global healthcare environment.
Graduates will base their decisions and strategies on critical and multidimensional analysis of different markets and various professional and scientific sources. Working in a challenging international business environment they will develop their skills to be entrepreneurial-minded managers in the healthcare industry. For that they will apply appropriate methods (qualitative and quantitative) taken from relevant management disciplines.
LG3: Effective executive intercultural communication, collaboration and cooperation skills.
Graduates will have intercultural sensitivity and will be effective communicators and team leaders. They will write, present, discuss and defend evidence-based findings in interdisciplinary fields. Graduates will contribute to team performance.
LG4: Responsible, inspirational and ethical leaders of teams and organisations within healthcare.
Graduates are self-aware and mindful leaders with the character needed for leading in any organisational or cultural context and in the global environment. They decide and act based on ethical considerations, comply with regulatory requirements, and enhance the well-being of their stakeholders, organisations, society and the environment.
Key facts
Part-time study, full-time work
In 10 modules, each residential module lasts 7 days, the participants gain an academic and real-world foundation relevant for a career in the healthcare sector whilst working full time. The balance between on- and off-campus learning, ensures minimal disruption to participants' professional life.
Highlights
- Global perspective: international locations, faculty and participants
- 20 months part-time study programme, including thesis
- Innovative curriculum with a focus on General Management in Healthcare
- Interactive learning environment
- Access to high-profile practitioners (provider and supplier side)
- Extensive professional network
- Accredited by multiple international agencies
Target audience
Specialists and managers from all over the world – who are pursuing a management career in hospitals, healthcare companies and institutions worldwide and wish to acquire additional management qualifications to enhance their professional skills.
Requirements
- First academic degree
- Excellent written and spoken English skills
- At least 3 years of professional experience
- Healthcare relevant background or interest
Tuition
| Total tuition fee: (excluding travel costs) |
EUR 36,000 |
| Early-bird tuition discount 1 (complete applications received by 31 January)* | EUR 5,000 |
| Early-bird tuition discount 2 (complete applications received by 30 April)* | EUR 2,500 |
*+Additional leadership coaching
Once you are admitted, we ask you to make a tuition fee deposit to secure your place in the programme. The remaining fees are usually due in regular instalments at the beginning of each semester. Should you decide to opt for a full upfront payment, you will receive a 5% reduction in tuition fees (excluding discounts).
Time Schedule
The MBA programme is based on a ten module structure. Eight of these modules are delivered in a face to face format and are approximately one week in length. Three face to face modules are based at the Frankfurt School, with the remainder delivered at various international locations, 1 e-based module, plus the MBA thesis module. In 20 months (spread over 3 calendar years) the programme requires 61 teaching days of which 44 are week days.
One module is e-based
You can download the IHM MBA schedule here (Intake September 2020)
Introduction to Business, Economics & different Healthcare Systems
Location: Frankfurt School
This module gives an overview of the main and basic types of healthcare systems and the underlying dimensions. A comprehensive introduction to the German Healthcare System serves as the basis and role model for comparing different systems and to foster discussions.
Managing Financial Resources & Controlling
Location: Frankfurt School
Building on the financial accounting introduced in module 1, this module introduces the most important financial management tools, available financing instruments, methods of cost accounting and management systems as well as performance controlling.
Strategic Management & Marketing
Location: Bangalore
This module focuses on the most important elements of Strategic Planning and Market Oriented Management and enables students to use scientific methods of market analysis and development to create substantial market oriented strategies and tactical approaches.
Innovation, Strategy & Project Management
Location: Baltimore
This module focuses on the introduction to innovation management, analysing real examples of the market entry of innovative healthcare products and services, and the basics of project management. In addition the current status and trends of the US healthcare system will be discussed.
Entrepreneurship & Management in Competitive Markets
In this module, participants will develop a business plan for a real investment project. In addition, based on the MarkStrat Online simulation game participants learn how to use management tools in the area of strategic marketing and portfolio management in a problem-oriented and effective way.
Quality & Process Management
Location: Singapore
This module focuses on the basic principles of Quality and Risk Management, Business Process Management, Six Sigma and Approaches of Integrated Healthcare Value Chains.
Supply & Facility Management & IT
Location: London
This module addresses the flow of tangible goods within an organisation, taking into account the specifics in a healthcare environment. Participants are introduced to the principles of logistics, purchasing and facility management. The participants will also work out the key role and challenges of IT in healthcare.
HR, Organisation & Change Management
Location: Dubai
This module addresses the topics Human Resource Management and Organisational Development as the key elements of management and change in healthcare-related businesses.
Leadership, Intercultural Management & Ethics
Location: Frankfurt School
This module consists of three parts related to the role individuals play in an organisation: Leadership, Intercultural Management and Ethics. On successful completion of this module, students get a comprehensive understanding of theories and principles in the relevant fields of their management and leadership environment. Students are then able to take responsibility for their style of leadership, for successful intercultural teamwork and carry out balanced decisions.
MBA Thesis
The culmination of the MBA programme is the Master's Thesis. It applies an action learning approach and offers students of the programme the option of basing their Master's Thesis on the management issues in their business environment or integrated management projects.
Financing and Scholarships
Investing in your future
Let’s be clear: your degree is an investment in your professional future. As a business school of international standing, not only do we offer you the best conditions for earning a degree – we also offer you excellent career prospects.
We can guarantee the quality of our teaching and research, so we expect the highest levels of commitment and motivation from our students. This commitment is what really counts.
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When you make the decision to study at Frankfurt School, your current financial situation shouldn’t be the factor that holds you back. At the same time, it is important to make sensible preparations for funding your studies.
Student finance is a complex issue, and needs careful, long-term planning. So take advantage of our advisory service and start your preparations by asking us for a personal consultation.
Scholarships
Frankfurt School awards attractive partial scholarships with the aim of enhancing the diversity of our MBA in International Healthcare Management. We provide financial support to candidates who enrich our programme in particular ways, including:
- Women in healthcare.
- International course participants.
- High-performing & outstanding candidates.
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Please note that that we grant scholarship on an ongoing basis so we recommend you to apply early!
Your application for a scholarship can only be considered if the form is completed and submitted before your participation in our Assessment Centre.
We would be happy to advise you – simply make a personal appointment.
International Partners and Locations
Our goal: to provide access to influential global networks
At Frankfurt School, the MBA International Healthcare Management assists professionals in achieving that delicate balance of healthcare and management. It is the premier degree programme of its kind and is supported by our remarkable international partners:
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Find more information on their website.
“As a scientist working on the commercial aspects of the pharmaceutical industry, I saw the need to deepen my knowledge in business and administration. The IHM-MBA represented the perfect choice to satisfy my hunger for continuous learning while keeping my job full-time. Since completing the first MBA Module, I feel more prepared and confident in my abilities to negotiate with a diverse pool of customers and to close deals. The MBA modular structure and the highly-skilled international classmates and speakers have made the journey exciting and unique!"
“As an aspiring leader in the healthcare industry, the MBA IHM programme has provided me with a unique platform to learn from their excellent faculty and guest speakers and interact with esteemed professionals from all over the world and most importantly, it has opened up a great opportunity for networking. The highlight of this programme is its diversity and sharing of real-world experiences which brings into focus a practical understanding of the theoretical concepts within and outside the industry. The knowledge and skills gained have helped me grow both professionally and personally. It has indeed been an enriching experience!”
“Although I have worked in the healthcare industry for several years, I felt a need to deepen my knowledge of healthcare to get to know different healthcare systems and build an international network. The first two modules with financial and controlling topics were very important for me and I could apply my learning immediately to my daily business.”
"Starting an MBA during the current environment was a well-considered decision that I took confidently because I am constantly looking for keeping up-to-date in the in relevant trends in my industry and on the same time reinforcing my knowledge in overall business areas e.g. Finance, Strategic Marketing, Leadership skills, Change Management and more."
“For me, my degree course at Frankfurt School was the most important higher-education course since my medical studies. This isn’t just because of the multifaceted aspects of health economics we covered in the modules, but also because of the methodologies I learned and now apply to my scientific and clinical projects. It was a very useful way to prepare for specific areas of activity in my current work.”
"Healthcare management is a rapidly evolving arena with diverse influences not only from medicine and economy, but increasingly from the people involved, their professional background and their culture. Thus, an academic programme for healthcare management should provide you with an understanding of all the different aspects and disciplines of the stakeholders involved. The Frankfurt School MBA Programme for International Healthcare Management is exactly this multi-disciplinary, multi-cultural and multi-professional academic journey!"
“As a healthcare professional coming from a Hospital operations/ service provider setting, I chose this programme because it is one of very few with hospital management focus which offers international study locations - in Europe, North America and Asia - with an established faculty and a diverse cohort of participants ensuring a truly international exposure and experience.”
"Pursuing the MBA IHM was the best decision I have made! No other MBA provides the opportunity to meet with and learn from hospital executives, entrepreneurs, and thought leaders in their own country, who share their successes, challenges and visions to improve healthcare management."
"The IHM programme has been an excellent learning experience. On an international level, I was able to exchange knowledge with classmates and health care professionals from all over the world. In every module, I got new ideas and insights to share with my colleagues at home; it was very inspiring for my daily work at the hospital."
"The international healthcare management programme provided me with the tools for building and assessing healthcare systems. The knowledge gained from the international healthcare systems we visited is invaluable while improving healthcare policy and implementing risk mitigation measures. During the COVID-19 pandemic the acquired skills in project management, supply chain management and value-based healthcare came in very handy."
Current Class Profile
Participants will be senior managers or high-potentials with great credentials in health care organisations who personally wish to advance and seek positions of increased responsibility and leadership in the future.
The MBA IHM programme is for you if ...
- You are working in the healthcare industry, confronted with challenging management and leadership decisions
- You need confidence and detailed background knowledge so you can take an authoritative role in discussions with colleagues, customers, shareholders and stakeholder
- You work in an international environment and would like to exchange ideas and discuss solutions for various international and intercultural issues with your peers
- You would like to know more about the management models and methodologies of different players in the healthcare industry
If you are interested in joining a group of dynamic individuals and in building new skills and a solid foundation of specialised knowledge as you pursue a management career in the international healthcare industry, we encourage you to apply for Frankfurt School's IHM.
| Average age | 37 |
| Female | 30% |
| No. of nationalities | 17 |
| Average work experience | 12 years |
Learning Experience
Entrepreneurial, international, intercultural
Experience an MBA programme with a truly international focus regarding healthcare systems and markets, locations, students and academics as well as corporate partners.
In the age of globalisation, an intimate understanding of foreign cultures can be both, a valuable academic asset and an enriching personal experience.
There is no better way to learn about different healthcare systems, practices and markets around the world than by visiting them!
Teamwork
Study with classmates from all over the world and exchange your experiences, while drawing on leading national and international healthcare experts: in hospitals or clinics or organisations like health and biotechnology, pharmaceutical, medical devices, service delivery, information technology, consulting companies and government agencies.
Or network with alumni who work in the industry and delve more deeply into various healthcare sectors.
Innovative learning: The Entrepreneurial Business Plan
Effective healthcare requires leadership, sound decision-making skills, and expertise. In addition, it requires entrepreneurial thinking and the willingness to innovate in how healthcare services are delivered.
In a field driven by innovation, it’s vital that you keep pace. A solid business plan can be the difference between just an idea and a successful business. In the process of creating one, you will develop an understanding of strategic planning, market situations and competitive advantages.
Case study learning
Our MBA IHM is based on a mixture of theoretical learning, supported and reinforced with case studies and group work following the Harvard model of teaching.
The case studies have been tailored to meet class objectives, based on real-world situations and focused on health care. In addition, our participants are asked to bring in their own, work-related cases. Teamwork and group presentations are other key elements.
Guest lectures and site visits
Industry leaders join students from different backgrounds and cultures to discuss current real-life challenges and opportunities within an international healthcare setting.
Many opportunities arise, both on campus and at various site visits, to engage with healthcare experts, key industry players and innovative healthcare entrepreneurs.
Coaching
The MBA IHM Leadership Coaching features individualised coaching designed to meet your needs wherever you are in your journey toward reaching your leadership potential.
Learning Goals
| Learning Goals | Explanation | Learning Objectives | |||
|---|---|---|---|---|---|
| LG 1: In-depth knowledge and understanding of general management, the impact of different healthcare systems on management decisions, as well as business acumen. |
Graduates will draw upon deep or expanded functional knowledge and broad, detailed and critical understanding of specifics, limitations and doctrines in business administration to shape responses and independent ideas to business and innovation opportunities and challenges. Graduates demonstrate a critical understanding of the impact of various national healthcare systems on management decisions. |
LO 1.1: Students demonstrate strong theoretical and practical knowledge of the concepts of business, entrepreneurship, management and leadership, as well as the interdependencies between them. LO 1.2: Students can identify the structures and differences in the healthcare systems of different countries and their impact on management decisions. LO1.3: Students can analyse the major trends in healthcare and explain their impact on healthcare management and delivery. |
|||
| LG 2: Analytical and critical thinking skills combining analysis, judgment and creativity to generate innovative solutions and make balanced strategic decisions in a global healthcare environment. |
Graduates will base their decisions and strategies on critical and multidimensional analysis of different markets and various professional and scientific sources in a challenging international business environment. Their aim is to be entrepreneurial-minded managers in the healthcare industry and for that, they will apply appropriate methods (qualitative and quantitative) from relevant management disciplines. |
|
|||
| LG 3: Effective executive intercultural communication, collaboration and cooperation skills. |
Graduates will have intercultural sensitivity and will be effective communicators and teamleaders. They will write, present, discuss and defend evidence-based findings in interdisciplinary fields. Graduates will contribute to team performance. |
LO3.1: Students demonstrate convincing executive writing skills in research, business reports, and other forms of written business communication. LO3.2: Students will be able to express and defend their opinion on certain topics in a professional manner appropriate for their respective audience. LO3.3: Students are effective team leaders and team members who collaborate and cooperate with diverse, interdisciplinary and intercultural teams towards common tangible outcomes. |
|||
| LG 4: Responsible, inspirational and ethical leaders of teams and organisations within healthcare. |
Graduates are self-aware and mindful leaders with the character needed for leading in any organisational or cultural context and in the global environment. They decide and act based on ethical considerations, comply with regulatory requirements and enhance the well-being of their stakeholders, organisations, society and the environment. |
|
Application Process
1. Online application
The first step in applying for the MBA IHM is the completion of our online application, which includes uploading the following required documents:
Required Documents
- Certified copy of your undergraduate transcript of records and degree award certificate including your final GPA
- Certified copy of your TOEFL/IELTS results or equivalent (TOEFL IBT minimum score of 90 / IELTS minimum score of 6,5). This requirement can be waived if you are a native speaker or your Bachelor Studies were fully in English (certificate from university needed)
- CV in English
- Two letters of recommendation (can be handed in later in the application process if not available yet)
- Other documentation supporting professional experience or other extracurricular activities
Please note: Once admitted to the programme, we require a certified/notarized paper copy of your first academic degree certificate.
Deadlines
We encourage you to complete your application as early as possible, as there are a limited number of places in the programme. There are also special financial advantages for candidates who submit a complete application early:
| Early Bird (1st round)* EUR 5,000 | 31 January |
| Early Bird (2nd round)* EUR 2,500 | 30 April |
| Final application deadline: | 31 July |
| Programme start: | End of September |
*+Additional leadership coaching
2. AC and /or Interview
Once we have received all the required documents, we will assess your application and if the first assessment is positive, we will then invite you for an interview (telephone or Skype interview for international applicants). A decision on your admission will only be made after this interview.
3. Results
4. Start of the programme
The IHM course starts in September.
Application checklist
Download our Application Checklist as a helpful guide to completing the admissions process.
Information Events
Would you like to get a first-hand impression of what our business school and our MBA programme are really like? Meet The Frankfurt MBA Programme Director, talk with current students, take part in a classroom lecture or tour our campus. It's all possible through individually scheduled sample lectures and our regular MBA Info Sessions!
Sample Lectures (Online)
Visit an MBA class this semester to discuss a case study with academic staff and current MBA students. This is your chance to
- Experience typical classroom subjects,
- Teaching techniques, and
- Learning methods.
Feel free to contact our MBA Team to arrange a campus visit, including a Guided Tour of the campus
MBA Info Sessions (Online)
Learn more about our MBA and EMBA programmes at one of our MBA Info Sessions! Benefit from personal conversations with our professors and programme directors and find out which programme could help you realise your full potential.
