Executive MBA in Healthcare Management



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Executive MBA in Healthcare Management Prepare yourself for smart leadership in the healthcare sector Working together for better global management

Executive MBA in Healthcare Management The healthcare sector is one of the most dynamic, complex and important sectors in the modern economy. Being a promoter of sustainable development, MSM puts high interest in better healthcare management for development. MSM offers a course on Management for Sexual Reproductive Healthcare services together with our UK partner UCS and in Jordan MSM provides a tailor-made training to the Institute on Family Health Care. We launched our Executive MBA in Healthcare Management in China in 2015. And now we are excited to offer this challenging Executive MBA in Healthcare Management in Maastricht to those who aspire to leadership in the sector. Prof.dr. Wim Naudé Dean Maastricht School of Management At Brightlands Maastricht Health Campus we continuously witness new innovations in medical technologies. The impact of these innovations highly challenges the management capabilities of healthcare organizations. Through our cooperation in the Executive MBA in Healthcare Management we at Brightlands want to contribute to high level management education in the healthcare sector. Jan Kees Dunning CEO Brightlands Maastricht Health Campus

About the program The Executive MBA in Healthcare Management was initiated by Maastricht School of Management and is offered in partnership with Brightlands Maastricht Health Campus. It is a demanding but rewarding part-time program that equips participants with the management and leadership skills that will boost their careers in the challenging healthcare industry. At the end of the 24-month program you will earn the prestigious title of MBA - an internationally accredited qualification awarded by Maastricht School of Management. Smart healthcare management More wired, consumer-oriented and innovative than ever before, the global healthcare industry is undergoing a profound transformation. The combination of ongoing technological developments, empowered patients and the need for cost reduction without compromise on quality is driving new business models. Hospitals, insurers, pharmaceutical companies, investors, start-ups and other organizations all need to compete in a complex and fast-evolving sector. As a result, the sector demands leaders who understand the complexities of the healthcare industry and who have the business acumen to respond to the challenges and opportunities of the sector in an effective way. This Executive MBA in Healthcare Management provides you with an in-depth understanding of international healthcare. You will acquire insights into healthcare policy, future trends and the impact of these trends on healthcare delivery. The program addresses healthcare quality management with an emphasis on patient-centered care. You will learn how to implement new technologies for more efficient and integrated healthcare and you will develop the skills to be financially in control without compromising on quality. With the knowledge, skills and networks acquired in the Executive MBA in Healthcare Management you are fully prepared to become a smart leader in the healthcare industry.

MAASTRICHT SCHOOL OF MANAGEMENT EXECUTIVE MBA IN HEALTHCARE MANAGEMENT Why should you choose the Executive MBA in Healthcare Management? 1. Unique focus on the key elements of managing healthcare organizations 2. International accreditation and recognition. Flexible and modular design 4. Practice-oriented program 5. A diverse and global network Unique focus on the key elements of managing healthcare organizations The Executive MBA in Healthcare Management will introduce you to the foundation and core of management science. In the specialization phase of the program you are thoroughly immersed in understanding the key elements of managing healthcare organizations. Four in-depth courses prepare participants in the following areas: Healthcare policy, systems and development trends Quality improvement and patient-centered healthcare E-Health and Big Data analytics Healthcare finance and control International accreditation and recognition All MBA programs at MSM are internationally accredited by AMBA, IACBE, and ACBSP. This means that you can be assured that the program meets high global standards. Additionally the Executive MBA in Healthcare Management is accredited by NVAO (Dutch-Flemish Accreditation Organization). It is hence fully recognized by the Dutch Government. Only a select few business schools enjoy these accreditations. For instance, only 2% of business schools have received the coveted AMBA accreditation. MSM s MBA is ranked #2 in the Netherlands and #11 in Europe, according Eduniversal s 2015 Best Masters ranking and draws on MSM s more than 60-year experience in management and business education. It was one of the three nominees for the Nuffic Orange Carpet Award in 2014, as a recognition for its contribution to the internationalization of higher education in the Netherlands. MSM was a finalist for the 2014 Association of MBAs innovation award. Flexible part-time modular design The design of the part-time Executive MBA in Healthcare Management enables you to balance the pressures of work with study. To be completed in 24 months, the program includes conveniently paced lectures and classes conducted through a number of spread-out modules, minimizing the time that you need to spend away from work. Each module consists of eight full-time days (including weekends) of classes (lectures and course related field trips). A practice-oriented program The Executive MBA in Healthcare Management takes a practice-oriented approach focusing on applying the acquired theoretical knowledge into your daily practice. During the program this is facilitated through course-related field trips and guest lectures by experts. Each eight-day module consists of lectures, case studies, and includes field trips and guest speakers with a direct link to the course topic. You round off your Executive MBA with either an academic research paper, a business plan or a business consulting project. This will offer you the opportunity to directly apply the newly gained knowledge into the daily practice of your organization. A diverse and globally networked school MSM is one of the most international business schools in the Netherlands with a large network of students, alumni and partners across the globe. Its various management programs and activities attract participants from many countries, professional backgrounds and areas of interest, offering you the opportunity to significantly expand your international network.

London Amsterdam Brussels MAASTRICHT Paris Berlin The value of an MBA degree The MBA degree is the gold standard in management education. Survey after survey confirms that MBA graduates boost their career prospects and outcomes. According to the Graduate Management Admission Council (GMAC) 2015 Corporate Recruiters Survey: Around percent of companies surveyed intended to employ new MBA graduates - and increase compared 74 percent in 2014. In the case of European companies, around 56 percent of companies interviewed plan to employ more MBA graduates. According to the Association of MBAs (AMBA): 96 percent of employers worldwide believe that hiring graduate business school alumni creates value to their firms 6 percent of MBA graduates from AMBA-accredited schools (such as MSM) received a bonus or commission last year. Madrid Rome An ideal location in the heart of Europe The program will take place in the historical and beautiful city of Maastricht, a 2000-year old city where the Treaty of Maastricht that established the EU, was signed in 1992. This Univer-City is the intellectual center of the southern Netherlands. Strategically located in the dynamically growing EURegion, Maastricht is within 2- hours travel from important European cities such as Amsterdam, Brussels, London, Paris, and Cologne.

MAASTRICHT SCHOOL OF MANAGEMENT EXECUTIVE MBA IN HEALTHCARE MANAGEMENT Curriculum The 70 ECTS* program can be completed over a two-year period consisting of eight modular lecturer sessions and the completion of a thesis. PHASE COURSES EDUCATIONAL HOURS** ECTS Understanding Finance Developing a Business Business research Tools Creating Value Strategic Orientation Changing World Global Responsibility Specialization Finance Accounting for Managers Digital Transformation Entrepreneurship Research Methods Decision-Making Tools Marketing in a Global Context Global Supply Chain Management Economics for Managers Global Corporate Strategy Change Management Leadership and Organisational Behaviour Managing Cultural Diversity Corporate Responsibility and Ethics Healthcare Policy, Systems and Development Trends Quality Improvement and Patient Centered Healthcare E-Health and Big Data analytics Healthcare Finance and Control Final examination Academic Research Paper / Business Consultancy Project / Business Plan, including presentation 448 16 TOTAL 1960 70 * The European Credit Transfer and Accumulation System (ECTS) is a student-centered system based on the student workload required to achieve the objectives of a program. ** 1 ECTS corresponds with 28 hours of study (includes both face-to-face and self-study). Executive MBA in Healthcare Management in China In November 2015, 1 students started the brand new Executive MBA in Healthcare Management in Nanjing, jointly offered by MSM and Nanjing University Business School (NUBS) - the first such in China. Prof. Dr. Wang Yonghong, CPC General Secretary and Director of the Health and Family Planning Commission, of Jiangsu Province about the program: To successfully respond to the challenges confronting healthcare sector, such as changing demographics, emergence of new technology, pressures on funding, healthcare professionals need not only medical expertise, but also management knowledge and skills. This new EMBA program answers to the training needs of healthcare professionals in China in a timely manner.

The Executive MBA in Healthcare Management provides you with the knowledge, skills and networks to become a smart leader in the healthcare industry.

The Executive MBA in Healthcare Management focuses on applying the acquired theoretical knowledge into your daily practice.

The Specialization Phase The courses of the Executive MBA in Healthcare Management introduce participants to the foundation and core of management science. The course content is applied to the healthcare sector through case studies, readings, discussions, guest lectures and dissection of mutual experiences, yet is general enough to be applicable and transferrable also to other industries. In the specialization phase of the program participants are thoroughly immersed in understanding the key elements of managing healthcare organizations. The following in-depth courses are offered: Healthcare policy, systems and development trends This course provides a general overview of the fast-evolving healthcare industry, the major players involved in the production and delivery of healthcare, and the key challenges and opportunities presented by new technologies, financing mechanisms, business models, and the political and regulatory developments engendered by the recent reform legislation. The highly interactive course features debates and panel discussions, including with healthcare policy makers. You will gain deep insights into the future trends of international healthcare and the impact of these trends on the management and delivery of healthcare. Topics include a framework on evaluating healthcare systems, understanding the demand for healthcare products and services, technology assessment, managed care systems, cost/quality issues and payment mechanisms. Quality improvement and patient-centered healthcare Enhancing patient experience and delivering patient-centered care are major cornerstones for improving quality in healthcare. This course focuses on quality management in relation to patient-centered healthcare. Considerable attention is paid to healthcare quality management concepts, tools and techniques with an emphasis on the services marketing management to address the need for more client-focused care. Additionally the course discusses how to develop and implement effective risk management programs based on organizational size, scope of services and activities, available resources, and locations. You will be able to identify the required skills for successful healthcare risk management and the necessary steps in risk management decision making. E-Health and Big Data Analysis Information technology and information systems are crucial for the management of healthcare organizations. In this course you will learn how E-Health can provide new possibilities for the use of health resources and how new technologies can help to improve the efficient use of these resources. You will also get insights into how E-Health can contribute to a more integrated healthcare, i.e. new interaction and collaboration modes among healthcare institutions, healthcare professionals, healthcare providers and patients. The course also looks into how to process the huge amount of data generated from E-Health applications. You will learn how to collect big data from the various E-Health applications and get insight into the most widely used analytical techniques for translating and interpreting these data to allow for a more personalized and more targeted healthcare delivery. Healthcare finance and control In this course you will be equipped with the financial tools needed to make better financial, strategic and operational decisions. You will learn how to apply finance and financial management theory, principles, and concepts to healthcare organizations, including planning, capital investment decisions, debt and equity financing, capital budgeting and financial control. You will also develop conceptual and practical knowledge of healthcare finance, including sources of funding, revenue, cost determinants and cost allocation, third party payers, managed care contracts, and valuations that have an impact on the healthcare organization. You will be prepared to control an efficient operation of your healthcare organization.

MAASTRICHT SCHOOL OF MANAGEMENT EXECUTIVE MBA IN HEALTHCARE MANAGEMENT Practical information Admission requirements and procedure Minimum Bachelor s degree from a recognized university. You have completed four online levelling courses (contact Admissions Office for more details), OR you have a GMAT of 600 or higher OR a GRE of 600 or higher. Non-native English speaking candidates and candidates whose previous education has been in a different language than English must submit evidence of English proficiency. Minimum TOEFL score: 88 internet-based test or 570 paper-based test OR IELTS score of 6.5 academic test. You have at least five or more years of relevant working experience, obtained after your Bachelor s degree. Two professional letters of recommendation A letter of motivation (structure and criteria of this letter can be found on our website, under the admissions section of the MBA program) Personal résumé/ CV An interview (at the discretion of MSM). About MSM Founded in 1952, Maastricht School of Management (MSM) is one of the oldest and most international business schools in the Netherlands. MSM offers research-driven and internationally accredited MBA, MSc and MM degrees, as well as many shorter professional and executive courses. It is located in the beautiful historical city of Maastricht in the Netherlands - right in the heart of Europe. Around 1,000 students graduate every year from MSM s programs, and MSM alumni occupy top positions in business, government and academia. MSM has been recognized for its innovativeness by the AMBA, and for its contribution to the internationalization of Dutch Higher Education, by the Nuffic. Cost and scholarships The tuition fee of the programme is 28,500. MSM has a selected number of scholarships available. For a full overview of the financial details, please refer to our website www.msm.nl/emba-healthcaremanagement More information Please refer to the website www.msm.nl for program start dates, exact application deadlines, full admission procedure and financial details, or contact us at admissions@msm.nl Apply now Candidates are admitted on a competitive basis. To apply please fill in the online application form on the MSM website: www.msm.nl/apply-online Note: All information in this brochure might be subject to change. Please check our website for the most up-to-date information: www.msm.nl/emba-healthcaremanagement About Brightlands Maastricht Health Campus Bringing together brilliant researchers and daring entrepreneurs, Brightlands Maastricht Health Campus forms one of the world s leading locations for medical and biomedical research. The campus and surrounding area are home to a specialized referral, clinical and general hospital, a network of specialized clinics, a renowned university faculty specializing in health, medicine, and life sciences, and a leading faculty for psychology and neurosciences. While providing facilities and an ecosystem geared to the specialist needs of medical researchers and medical start-ups, the campus offers easy access to world-leading imaging and analysis technologies. It also aims to facilitate research into cardiovascular disease and new applications of electrical pulsing technology.

The design of the part-time Executive MBA in Healthcare Management enables you to balance the pressures of work with study.

Maastricht School of Management Endepolsdomein 150, 6229 EP Maastricht, The Netherlands T: +1 4 87 08 08 E: info@msm.nl www.msm.nl