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Master of Business Administration International Healthcare Management (MBA)
(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 train responsible healthcare leaders and to equip them with practical business skills, advanced entrepreneurial attainments, leadership expertise and integrity, in order to master the challenges of 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 the functional knowledge and broad, detailed, and critical understanding of the specifics, limitations, and doctrines in business administration. In order 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 gain 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 a 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.
Information Events
Meet us On-campus and Online
Join us and find out how to maximise your career opportunities with an MBA at Frankfurt School. Engage with alumni & students and get career advice from our staff at the next networking event.
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
- 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).
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 weekdays. One module is e-based.
Please contact us if you would like to receive an overview of the 2022 intake schedule and lecture times.
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
The module contains tailor-made lectures taught by experienced senior faculty at John Hopkins University. This module focuses on innovation management, analysing real examples of innovations in healthcare products and services, as well as providing up-to-date status and trends of the US healthcare system.
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: Riyadh
Being at the forefront of innovation and change, the King Faisal Specialist Hospital & Research Centre provides a unique module on encouraging organizational transformation and human resource in a cross-cultural environment, focusing on how healthcare organisations operate in the Middle East.
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.
Current Class Profile
The MBA IHM programme is for you if ...
- Your current job is as a senior managers or high-potential with great credentials in health care organisations.
- 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.
| Average age | 40 |
| Female | 30% |
| No. of nationalities | 17 |
| Average work experience | 12 years |
Women in the MBA
In honour of all women in leadership, we launched our MBA Women’s page! Here, we highlight the stories and achievements of all women across our MBA programmes as they are redefining the meaning of success and are entering new areas of business.
Alumni & Student Chat: we are here to answer your questions!
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. MBA Admission Test
After reviewing your application documents, we will invite qualified candidates to take our MBA Admissions Test before participating in a one to one interview.
Note for impaired applicants and applicants with chronic diseases: So that we can advise and support you at an early stage (e.g. when applying for a disadvantage compensation in form of a time extension), please contact us or the representative for disabled and chronically ill students promptly before the assessment centre. For more information, please visit our Health and Counseling Services website.
BTMethods
The BTM is an online Multiple Choice Question Aptitude test that lasts two hours and comes with preparation materials.
To register for this test simply complete the corresponding section in your online application.
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Part 1: Communication Analysis |
Contextual Understanding Analysis of passages through the lens of gauging the main themes, relevant points and logical inferences. |
15 questions 30 minutes |
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Part 2: Critical Thinking |
Logical Reasoning Managing the components of a logic problem to either deliver a definitive answer to a question or simply determine its solvability |
15 questions 30 minutes |
|
Part 3: |
Problem Solving Fluency and efficiency in the use of business-relevant mathematics. |
15 questions 30 minutes |
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Part 4: |
Mathematical Caselets Data Significance testing through both standard mathematical logic questions, and multiple linked mini-case questions where arithmetic and algebra are tested in the context of a business scenario. |
15 questions 30 minutes |
3. 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 (phone call or online). A decision on your admission will only be made after this interview.
4. Results
The final decision regarding admissions into our MBA IHM programme will be based on the interview as well as the test results
5. Start of the programme
The MBA IHM programme starts in September 2022.
Financing and Scholarships
Investing in your 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.
Mehr Weniger
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.
Mehr Weniger
Please note that that we grant scholarships 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 Center.
International Partners and Locations
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:
Teaching Business with humanity in mind: The Johns Hopkins University Carey Business School develops bold business leaders and transforms organisations, communities, and society through diverse perspectives, multi-disciplined education and globally conscious entrepreneurship.
John Hopkins University Carey Business School in Washington D.C., USA
On 4 December 2006, Johns Hopkins University trustees, in response to a USD 50 million gift from William Polk Carey, voted to establish a new business school dedicated to producing innovative leaders with broad, interdisciplinary knowledge. The new Carey Business School opened 1 January 1 2007, continuing the Johns Hopkins tradition of bringing innovative business management programmes to the ever-changing workplace.
The Carey Business School offers a Full-time MBA, an Executive MBA, Masters of Science, Undergraduate degrees, and Certificate business programmes in a variety of formats that provide humanistic business education in an environment of intellectual inquiry and entrepreneurial spirit. Campuses in the Baltimore and Washington, D.C. metro areas offer students access to one of the world’s most influential regions.
King Faisal Specialist Hospital & Research Centre in Riyadh, Saudi Arabia
The King Faisal Specialist Hospital and Research Centre is a 985-bed tertiary/quaternary care and referral hospital with facilities in Jeddah and Riyadh in Kingdom of Saudi Arabia. It is the national referral and research centre for oncology, organ transplantation, cardiovascular diseases and genetic diseases and we provide treatment for everything from minor to complex and advanced medical conditions for Saudi Arabian nationals.
They hold Joint Commission International (JCI) accreditation as an Academic Medical Centre, and American Nurses Credentialing Centre (ANCC) Magnet designation. They are recognized as one of the leading healthcare organizations in the Middle East.
The Riyadh Hospital was established in 1975, and now they operate with over 10,000 employees coming from 63 different nationalities.
"The MBA IHM at Frankfurt School is unique in terms of diversity, travel destinations and exchange of global practical experience. This break-through programme for healthcare professionals teaches relevant theory mixed with extensive diverse practice. The international set-up of the MBA allowed me to experience healthcare in different countries. I was able to discuss and learn about the most up-to-date management topics and case studies.
Brilliant professors and colleagues made this adventure astonishing through extensive collaboration and experience exchange. The MBA is a career and provides an optimal space to build sustainable global business relations and friendships."
"Practicing in a rapidly evolving healthcare environment such as we have in Nigeria, the need for an in-depth understanding of the rudiments of healthcare business is a competitive advantage. The MBA IHM programme surpassed this need with added bonuses including the exploration of healthcare environments of different economies, the diversity of the class cohort, the team assignments which fostered team spirit as well as presentations which built confidence. Also, the modular nature of the programme was very critical as it was important that I could continue working while schooling."
"The IHM MBA has been a transformational journey redesigning aspects of my thinking and changing the dynamics of my professional relationships. In a truly international setting, the MBA programme conveys a broad set of management skills in an intense and efficient way. As a long-term medical professional, I was really taken out of my comfort zone. I was able to apply a new set of business skills into my daily work, which was especially helpful while developing a new department. I am grateful for the experience and newly built friendships – it made me grow on a personal and professional level.”
“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 active member in a rapidly developing complex healthcare system, being inspired by the ambitious Saudi Arabia 2030 vision, and to move beyond clinical work into administrative and leadership positions, I felt the need to deepen my knowledge and acquire a different strategic look from an international perspective. The structure and transition of the different modules of the MBA gave me the required knowledge and skills that I can apply immediately to my profession. At the same time, learning from professors and guest speakers without major interruption to my managerial and professional commitments was a unique opportunity from other programmes in the world."
“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."
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. |
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| 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. |
|
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| 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. |
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| 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. |
|
Alumni
Our network of graduates is a major asset that builds bridges between academic theory and real-world practice. But above all, our graduates stay in touch with each other long after they have earned their degrees, quite independently of the years they attended the university.
Lifelong Learning
Once you graduate from the Frankfurt School MBA programme your experience does not have to stop. We offer you, as alumni, the opportunity to participate once a year in an MBA module at Frankfurt School at no additional cost. This offers you the opportunity to continue a lifelong education while staying engaged and ahead of current trends in business.
