Health Sector MBAs

Canada’s Financial Post ran an interesting article Tuesday on the unique challenges of the health care industry as executives with sound managerial skills are in short supply. Programs such as the Ivey Health Sector MBA at the Richard Ivey School of Business have stepped in to create managers versed in the unique needs of this sector.

Here, students who opt for this track, including many medical residents and practicing physicians, take the same core courses as all Ivey MBA students, and pursue electives that help them translate the business skills and knowledge they are acquiring to the context of health management.

Jesse Shantz, valedictorian in the 2008 class of Ivey’s health-sector MBA, tells the Financial Post,

“We studied cases that resulted in successes and failures, and it’s all about decision-making. In medicine and in management, you have to take incomplete information and make the best decision you can. That’s what I’m learning as a resident, and the skills needed in surgery — judgment, intuition, logic, a broad knowledge base — are also what you need in healthcare management.”

Click back to the original article to learn more about how these programs are helping to bridge the gap between administrators and managers who are responsible for a hospital’s bottom line.

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