About this program
JWMI MBA with Healthcare Concentration
Become a next-generation healthcare leader who can inspire others during times of continual change and disruption.
Today, healthcare systems face unprecedented complexity—rising costs, economic inefficiencies, changing technologies and instability. This complexity is why an MBA is so valuable to getting ahead in this ever-changing healthcare environment.
Who Should Enroll in the Jack Welch MBA with Healthcare Concentration?
- Healthcare leaders
- Healthcare professionals
- Healthcare administrators
JWMI sets you up for success from the moment when you decide to apply. Our admissions officers are available daily to help you navigate each step of the process, starting with the admission requirements.
Online MBA applicants
Applicants to the Jack Welch Management Institute’s Master of Business Administration program are required to provide:
- Proof of completion of a United States baccalaureate degree from an accredited institution, or approved equivalent
- A 3.0 undergraduate grade point average (GPA) on a 4.0 scale
- GMAT or GRE automatically waived with 5 years of professional experience
- A completed MBA application and enrollment agreement, as applicable
- A valid current government-issued photo identification
- Resume or LinkedIn profile
- Personal essay
In addition to the above, special consideration may be given to applicants who do not meet minimum GPA admission requirements but show graduate potential and have a minimum of five years of professional or business experience. A personal interview with the Dean is required.
While a satisfactory grade on the GMAT or GRE is part of our admissions requirements, GMAT waivers and GRE waivers are automatically provided if a student can demonstrate a minimum of five years of professional or business experience.
A satisfactory grade is defined as a minimum acceptable cumulative score of 450 on the GMAT or a minimum acceptable cumulative score of 300 on the GRE.
In lieu of satisfactory standardized testing scores, the Jack Welch Management Institute assesses a student’s graduate potential by looking at several real-life indicators—including professional work history, undergraduate grade point average, and a commitment to being a great leader.
International online MBA applicants
All international applicants must have the equivalent of a U.S. degree. If you obtained your Bachelor’s degree outside of the U.S., JWMI will work with NACES, the National Association of Credential Evaluations Services, on your behalf to initiate a credential evaluation process that will equate your transcripts to a GPA for evaluation.
In addition, select international applicants with a conferred 3-year Bachelor’s degree from the following countries and regions may be eligible for MBA admission. Applicants are subject to review from the Registrar and must also meet all other MBA admission requirements.
For more information admission requirements, please visit the institute website.
Does this course require proof of English proficiency?
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The Jack Welch MBA with Healthcare Concentration combines the leadership and business skills from our core MBA curriculum with the operations, finance, and policy tools needed within this specialized industry. Students will take the following courses:
8 Core MBA Courses
- Leadership in the 21st Century
- Business Communications & Executive Presence
- Marketing in a Global Environment
- Managerial Economics
- People Management
- Financial Management I
- Organizational Change & Culture
4 Healthcare Focused Courses
- It's All About the Patient
- Saving Money, Saving Lives
- Leading Through the Bureaucracy in Healthcare
- Healthcare Informatics / Healthcare Capstone
Leadership in the 21st Century
Leadership is different from management. Managers get predictable things done predictably. Leaders inspire action and adaptability in an unpredictable world. This course delves into the concepts, tools, and skills leaders need today. It combines theory and practice to examine such topics as strengthening emotional intelligence, motivating people to achieve strong results, managing conflict, leading change, aligning teams, and eliciting support from colleagues and bosses. In addition, this course lays out Jack Welch’s time-tested techniques for high-performance team leadership.
Business Communications & Executive Presence
Your career and ability to lead depend on effective communication. Communication is a learned skill that everyone can improve. This course will teach you techniques, often reserved for high potential executives, to advance your leadership presence, strategic communication, professional relationships, presentation performance, and workplace crisis management. You will sharpen your communication skills through targeted learning, practice, and coaching. Additionally, you will have the opportunity to optimize your online presence through strategic updates to your LinkedIn profile and peer feedback.
Marketing in a Global Environment
Marketing is the process of turning wants and needs into decisions and actions. It involves a range of activities designed to convey a persuasive message to a target audience. The course covers marketing plans, qualitative and quantitative research, consumer psychology, product positioning and strategy, pricing, packaging, brand equity, advertising, the marketing mix, customer value, and business-to-business global marketing.
At its simplest, managerial economics is about making decisions at the individual, firm, market and economy levels in the face of constraints, be they scarce resources, pricing pressures, or global competition. In this course, you will explore powerful concepts like supply and demand, profit optimization, price sensitivity, demand estimation, productivity, cost analysis, market structures, marginal analysis, the government’s role in markets, forms of competition, risk analysis, and pricing practices. In the end, you will be able to analyze and master competitive forces at both a quantitative and practical level.
Early on in your career, professional success depends on your innate talents, how you develop those talents, and your initial career decisions. But once you become a manager, your ability to select, develop, promote and manage the right people becomes the most important determinant of success. In this course, students explore two general areas of people management: hiring and positioning the right players for organizational needs and managing people once the players are in place. Specific topics include sourcing and integrating new talent, managing strategic talent inventory, working with HR and organized labor, performance evaluations, and reward systems.
Financial Management I
Financial accounting is the "language of business." Leaders must develop fluency in financial concepts, principles, and tools to understand and drive effective organizational decisions. In this course, you will learn to read, understand and analyze financial data as well as apply managerial accounting concepts such as costing, variance analysis, forecasting, and capital budgeting. Maximize the impact of your financial decisions by learning to speak with numbers.
In this course, students learn how to define your organization’s capabilities to implement and execute a winning strategy. Using Jack Welch’s approach to developing and evaluating a strategy, you will create an effective plan of action designed to achieve the higher-level goals of an organization. You will learn to drive strategic outcomes by consistently assessing decisions. You will identify criteria for uncovering risk, and develop plans for proactively addressing risks inherent to the strategy.
Organizational Change & Culture
From the rapid advance of technology to the steady march of globalization, powerful forces of change are shaping today’s business landscape. As leaders grapple with these forces, they also face enormous resistance to change. In this course, students learn a powerful framework for understanding and marshaling change. They also hear real stories and concrete strategies from the trenches—including Work-Out, Rapid Results, and Six Sigma—and learn when to use each tool.
It's All About the Patient
Learn to improve the patient experience, reduce costs and build better leaders within the healthcare landscape. See how the principles of Six Sigma and differentiation permeate healthcare. This course is an introduction to the healthcare sector, with a focus on comprehending the core concepts of service delivery, payment and insurance, and various business models within the healthcare sector. You will explore the concept of defining quality in the patient care and examine ways to enhance the patient experience by balancing process improvement against the need to streamline costs in the sector.
Saving Money, Saving Lives
There is a cost to saving lives. Deciding where to invest in technology is critical, whether you are choosing between technology to protect patient records or technology that will save more lives. Business leaders need to stay ahead of the game and balance the risks associated with these costly decisions. You will explore the role of information technology in the success of the delivery system and other important healthcare processes and understand what it means to manage information technology to accomplish delivery system objectives.
Leading Through the Bureaucracy in Healthcare
Healthcare is complex and bureaucratic. Leaders find ways to navigate through the bureaucracy and use it to their advantage. You will explore various regulatory agencies, policies, and guidelines and identify ways to maneuver through the healthcare industry and drive results. You will learn about the impact of the Affordable Care Act and its attempts to reform the U.S. healthcare system from both a federal and state perspective. This course reviews various laws governing healthcare institutions and dilemmas faced by managers in the industry.
Learn how healthcare information can drive improvements in the quality and safety of patient care. Explore how data relates to population health management. Take on quantitative concepts and use tools to solve and analyze complex data sets to drive decisions in healthcare.
This course ties together everything students have learned in the Jack Welch MBA program. Students choose a healthcare organization with a real-world leadership challenge and create a strategic plan.
Scholarships & funding
Several scholarship options are available, please visit the institute website for more information.
- Tuition fee: $46,200
- $3,850 per course
Students within the MBA concentration will gain the specialized skills to:
- Apply Six Sigma principles throughout healthcare companies
- Balance the risks associated with technology infrastructure investments
- Understand policies and guidelines that permeate various regulatory agencies
- Analyze complex data sets that drive decisions in healthcare
- Review and comprehend the various laws governing healthcare institutions
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About this institute
Jack Welch Management Institute
The Jack Welch MBA is like any other prestigious MBA. And yet, it is like no other. While other schools study great business leaders, ours was built by one. At the Jack Welch Management Institute, students have a unique opportunity...
Why study at Jack Welch Management Institute
Study with Top CEOs
To be the best, you have to learn from the best. JWMI’s courses feature exclusive video keynotes from Jack Welch and over three dozen C-suite executives from the world’s best companies including Berkshire Hathaway, Netflix, Medtronic, Walgreen’s, Boeing, McDonald’s and many other global organizations. Our Experts of Practice lecture series allow students to learn proven leadership lessons and business practices and are exclusive to JWMI.
Learn on Monday. Apply on Tuesday.
Make an immediate impact on your career. Our program is driven by insights lifted from the front lines of business; our powerful online MBA courses are designed to make an immediate impact on your work. Ranked #1 in Satisfaction with the Ability to Apply What You Learn to Your Job, you’ll gain the fundamentals in key areas like operations, marketing, and finance. In addition, you’ll learn to recruit, hire, and motivate the best people, create winning strategies, increase productivity, build culture, and lead teams to top performance. Many students see fast results and a lucrative return on their investment from those applications. More than 2 out of 3 students receive a promotion or raise while in the program.
Accelerate your career without leaving your current job. Our flexible, interactive 100% online course format is ranked #2 in Flexibility and #1 in Satisfaction with the Asynchronous Learning Experience from Poets & Quants2. The curriculum was built to allow you to earn your degree on your schedule, no matter where you are in your life and career.
JWMI curriculum is built for working professionals like you; 99% of our student body is actively employed while in the program. Our curriculum is designed for mobile and tablet devices, allowing you to complete your courses anywhere. There are no set lecture times. Log in and complete your work up to three weeks in advance to accommodate business travel and family commitments.
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