At Baylor, students interested in health care spend summer break and the first semester of their second year completing an executive residency at a hospital, where they are assigned a preceptor, which is similar to a mentor.
"We carefully place them in situations where they have access to the CEO, CFO or COO in a hospital and regularly attend executive level meetings, even board meetings, so they can get an idea of what's going on," Henderson says.
Salary options for health care MBAs can vary, but experts agree that the potential to take home a big paycheck is high.
At Baylor, most graduates work in hospital systems. Many make around $62,000 to start but can soon expect an increase.
"Within three years, the typical increase in salary is around $25 - $30,000," Henderson says. At Loyola, some students change jobs or receive promotions once they are halfway through the part-time program, while others are promoted once they graduate. And once they're promoted, "They are being paid well over $100,000," McCoy says.
She is convinced jobs in health care will continue to increase.
"The way we've delivered health care in this country for years is being challenged. And so there are going to be some opportunities there," she says. "I think more and more people want to be involved in work that contributes to the good of the whole. And in health care you're certainly enabled to do that."
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