The Emerging Market for MBAs in Health Care

Link for article:
http://knowledge.wpcarey.asu.edu/article.cfm?articleid=1583

Extract:
The morphing MBA job market makes sense, as hospitals and other health care providers, both for-profit and non-profit, strive to cut costs while still giving good patient care. For a snapshot of the growing cost equation, consider this: health care costs have increased an average 2.5 percent more than the U.S. gross domestic product since 1970, according to a federal report published last August.

Both pharmaceutical firms and health care providers, including hospitals, are hiring an increasing number of MBAs, according to a white paper by MBA Focus, a Dublin, Ohio, consulting firm. Author Greg Ruf writes that "new firms are entering the MBA talent sweepstakes as they begin to recruit both new and experienced MBAs to their management." Until recently, MBA graduates, especially those from top-tier business schools, were snapped up by investment banks and consulting firms, but that is changing, Ruf noted.
Is he correct? A March 26 search of online employment database Monster using key word "MBA" in health care sectors pulled up more than 5,000 current job openings. "The possibilities for management in health care are endless - there are so many directions you can go with the training. Hospital, pharmaceuticals/biotechnology, insurance, consulting etc"

The Healthcare MBA: One Fast Track in a Slow Economy

Article about Health Sector MBA at the link below:
http://www.bnet.com/article/the-healthcare-mba-one-fast-track-in-a-slow-economy/266849

Extract:

The healthcare track for MBAs has never been a hot one — until now. Believe it or not, healthcare companies can’t find enough MBAs to fill open positions in this $2.26 trillion industry, says Marjorie Baldwin, head of Arizona State University’s School of Health Management and Policy. Hospital administration and healthcare practice management may still lack the glamour of top consulting gigs, but the opportunities now go beyond just hospitals - B-school grads can find roles in everything from biomedical startups and e-health ventures to consulting and pharmaceutical R&D.

A Day in the Life of a BU MBA Student (Boston University, Boston, MA, USA)