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Students work in groups to solve a given problem with entrepreneurial business techniques

Create a Health Care Revolution

MS IN HEALTH CARE INNOVATION CURRICULUM

Learn Strategies to Transform Health Care

Gain a comprehensive set of skills to lead successful innovation initiatives. The MS in Health Care Innovation degree is based on the foundation of three core principles needed in health care:

  • Customer experience
  • Innovation
  • Lean execution
Experience a unique merger of student-centered on-campus classes and online coursework. The flexible program helps you balance your competing demands, reach your goals and earn a robust graduate business degree in a single year. The 31.5-credit degree plan features:
  • A cohort model to maximize instructor attention and build peer relationships
  • An innovative blend of on-campus, hybrid (mix of in-person and online), and fully online courses with only 8 on-campus Saturday sessions to complete the program
  • Connect with a mentor within the health care industry that represents your future career goals

Sample Degree Plan

Follow this sample degree plan, based on a fall start, to complete the MS in Health Care Innovation in one year.

Overview of Health Care Systems

September - October

Leading Self and Others

September - October

Competitive Strategy

November - December

Marketing Frameworks

November – December

Practicum for Health Care Innovators

September – December

Overview of Health Care Systems

September - October

Leading Self and Others

September - October

Competitive Strategy

November - December

Marketing Frameworks

November – December

Practicum for Health Care Innovators

September – December

Innovation and Corporate Entrepreneurship

January

Financial and Managerial Accounting

February - March

Storytelling: Influencing Organizations

February – March

Emerging Technologies

April

Operations Strategy

April – May

Financial Literacy in the Health Care Industry

March – May

Innovation and Corporate Entrepreneurship

January

Financial and Managerial Accounting

February - March

Storytelling: Influencing Organizations

February – March

Emerging Technologies

April

Operations Strategy

April – May

Financial Literacy in the Health Care Industry

March – May

Leading Change and Human Capital

June - July

Project Management

June – July

Leading Change and Human Capital

June - July

Project Management

June – July

Core Classes

Courses are offered in a hybrid format (on-campus and online) unless otherwise noted.

(MGMT 630) - 3 Credits

Get an accurate understanding of the various components of the health care system (providers, consumers, payers and third parties) and how they interrelate. Learn about issues, motivations and incentives that influence all parts of the system. Gain an understanding of the political and social environment in which they operate.


(MGMT 603) - 2 Credits

This course is the taken during an on-campus immersion week that kicks off the program.

Leadership is about insight, initiative, influence and impact. You will explore principled leadership in this class, gaining a framework and skillset for developing your ability to make meaningful impact within dynamic and complicated organizations. Leading self and others incorporates insight into individual strengths and diversity, interpersonal and team dynamics, taking initiative and having influence both with and without formal authority, and examining the larger impact on organizational systems and the common good.


(MGMT 625) - 3 Credits

Competitive Strategy is designed to help students learn about the nature of business, and the principled leadership and governance of firms. This course focuses on the formulation of business-level strategy to help students gain a practical understanding of how the functions (finance, marketing, accounting, operations, human resources, etc.) are aligned with business-level strategy to support the mission, goals and objectives of a firm. Major questions explored in this course include: Why are some industries more profitable than others? Why do some firms consistently outperform others? How can a firm build and sustain a competitive advantage? A variety of industry contexts and firms will be used to illustrate the application of the analytical tools and frameworks covered in the course to any type of firm, including for-profits, non-profits and not-for-profits.


(MKTG 625) - 3 Credits

Marketing Frameworks is designed to build a practical understanding of the frameworks and tools that are frequently used to solve marketing problems. The course will examine strategy formulation and the marketing mix (product, price, place, and promotion) tied to a thorough assessment of the marketplace (company, competitors, customers, etc.). Students will develop essential skills related to using marketing research, performing quantitative and qualitative analysis, and critically thinking about marketing decisions related to strategy and tactics


(MGMT 714) - 1 Credit

This course represents the experiential learning (learning by doing) opportunity focusing on career and professional development. Student career goals and objectives are addressed through critical skill development, professional networking, identifying a mentor, and building a relationship with said mentor.


(ENTR 707) - 3 Credits

Designed for entrepreneurs, managers and consultants interested in creating and reinforcing entrepreneurial responses within established organizations, this course examines how managers affect the nature and rate of innovation through organizational culture, structure, communication, rewards and control systems. Emphasis is placed on how individuals initiate, launch and manage ventures within organizational settings.


(ACCT 603) - 3 Credits

This course familiarizes non-financial professionals with financial statements, accounting terminology and analytical techniques. Get an understanding of how organizations use information gained from financial accounting systems in decision making, planning and control, and performance evaluation. Topics covered include data accumulation and allocation processes, application of accounting data to solving managerial problems, and strategic implications and limitations of both data and accounting systems.


(MGMT 714) - 3 Credits

Learn principles that effectively link storytelling to influencing business outcomes. Our business culture demands concise and meaningful communications that can both inform and influence decision makers. This course is designed to teach you principles and skills that enhance your thinking about data and the use of a variety of communications channels to facilitate positive business decisions. Explore the meaning of information and its effect on organizational strategy and culture; be able to build a structured thinking process or informational dashboard to tell a compelling story; and gain skills in confidently understanding and using information to influence outcomes. The two core purposes for the course are to: (1) learn the principles of presenting information that makes an emotional connection to the listener framed by organizational strategy and culture; and (2) refine your storytelling capabilities.


(BUID 615) - 3 Credits

This course will provide students with foundational knowledge on essential emerging technologies (e.g. artificial intelligence, extended reality, internet of things, robotics, etc.). Students will also develop competencies for leading in a digital world as they complete a horizon assessment and imagine a future application for a chosen technology in a personally relevant context. Responsible and sustainable application will be emphasized throughout. Students are not required or expected to have a technical background; instead, they will examine emerging technology from a business standpoint.


(OPMT 610) - 1.5 Credits

Operations management focuses on planning, coordination and control of activities involved in the transformation of resources into goods and services. Operations management covers a very broad spectrum of functions involving business process improvement, supply chain, six-sigma quality, lean production, workforce design, management of technology, and certain aspects of business analytics. The course will provide an overview of various operations management functions, and emphasize understanding of basic concepts and techniques in the operations management area that are essential for efficient and effective management of productive systems.


(FINC 620) - 1.5 Credits

Learn and apply the fundamental finance tools and concepts essential for a manager, with emphasis on the health care sector. Explore topics including: value maximization and the finance model of the organization, evaluating financial results, the basics of time value of money, financial decision-making criteria, and budgeting basics. Learn an analytical framework that can be consistently applied to make financial decisions.


(MGMT 746) - 3 Credits

The ability to adapt an organization in response to the environmental market and internal changes is crucial for maintaining a competitive advantage. It requires the alignment of employees and key organizational systems with evolving market strategies and customers, which is a complex activity that emerges over time. Learn how leaders align their workforce strategy with evolving market strategies to sustain retention, engagement and performance of high talent employees. Explore topics including: system dynamics, effective change management strategies and approaches, how to identify and develop high talent employees and succession, strategic redesign of work and the organization, and how to measure the return on investment of people.


(MGMT 623) - 3 Credits

The field of project management is young and constantly changing. Companies seek to reduce development cycles while increasing the technological complexity of their products. Corporate downsizing has increased the average workload and reduced the resources available for project development. Sound familiar? This course will discuss the fundamental basis for scheduling and project scope difficulties, and provide tools for creating practical solutions. We will become more aware of why we encounter similar pitfalls with each new project. Discover that you are not alone in encountering a chaotic project life-cycle, the complexity people bring, and the reasons why our organizations are continuing to become more chaotic. This course will examine the new phase development of project management. We will use numerous disciplines to create a more dynamic and flexible project management methodology. These disciplines include Industrial Behavior, Psychology, Human Behavior, Chaos and Complexity, Organizational Behavior, and Systems Theory to name a few. As project managers, we face impossible schedules, unrealistic specifications, and limited budgets. As leaders we face personnel issues, motivation requirements and organizational issues. This course will provide insight and practical examples of the areas of knowledge needed to practice effective project management in today's dynamic work environment.


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The St. Thomas Opus College of Business is an incredible place to learn, meet inspiring peers and mentors, and build a strong career path. But don’t just take our word for it—experience St. Thomas firsthand. Visit a class, attend an info session, or chat with the admissions team.