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Master of Management in Health Care
Vanderbilt Master of Management in Health Care

Tuition & Financing

Business school is a significant investment in your personal and professional development. We are committed to helping students afford tuition by offering scholarships and low-interest loan options.

MMHC Tuition & Financing

Tuition & Expenses

Tuition is subject to change annually.

2026-27 Tuition Expenses (Annualized)
Tuition$76,700
Program Fee$4,500
Student Services Fee$812*
Student Health Fee$1,035*
Transcript $100 (one-time/lifetime fee)

Tuition is paid in three installments during the time you are enrolled at Vanderbilt. You will need to make payments in fall (33.3 percent), spring (33.3 percent), and summer (33.3 percent). Program fee includes/covers books, supplies, and meals while on campus.

*Listed amount is the total for Fall, Spring, and Summer.

This program has been the best experience in my professional career. The MMHC program truly cares about you succeeding and becoming the best leader possible for all future endeavors.

Scholarship Overview

The Vanderbilt Master of Management in Health Care program offers merit-based scholarships. All applicants are eligible to submit an essay outlining the strengths they'll bring to the cohort to be considered for an award.

Company Sponsorship

Our Master of Management in Health Care students often receive some level of financial support from their employers. Sponsoring organizations enjoy many benefits from this investment. Typically about four percent of students are fully self-funded.

How your organization benefits from your studies

Almost from day one, our students apply classroom and project learning to solve problems at work. Their heightened knowledge and skills make them more valuable, versatile managers—blending quantitative and financial acumen, leadership, and strategic planning to support organizational challenges. Executive perspective is enhanced to support organization-wide goals.

Outcomes & ROI

  • ROI for Organizations

    You benefit. Your employees benefit. That’s called a “win-win.”

    Perhaps no industry today is evolving more quickly than healthcare. While opportunities for growth and improved patient care abound, competitive and regulatory realities, rapidly emerging technologies, financial imperatives, and human resource management present numerous challenges. And while physicians, nursing managers, and hospital administrators have clinical and subject-area expertise, they often lack the business acumen required to manage people, projects, or processes. The Vanderbilt Master of Management in Health Care (MMHC) is designed to provide these healthcare practitioners with the business knowledge, insights, skills, and connections to bridge the management gap. This unique program offers management and industry-specific courses as well as leadership development. It is a high quality educational experience that will not disrupt the day-to-day operations of your organization.

    Supporting Organizations

    • Hospitals and academic medical centers
    • Clinics and health centers
    • Payers and managed care organizations
    • Large physician practices
    • Other healthcare service providers

    Participants

    • Physicians
    • Nursing managers
    • Pharmacists
    • Service line leaders
    • Practice leaders
    • Medical department directors
    • Administrative and other professionals
    • Other clinicians seeking career advancement

    Equip your star employees with the tools to succeed in your organization. And reap immediate ROI.

    At Vanderbilt, you will find business-relevant solutions for your healthcare professionals. By investing your high-performing employees, you will:

    Gain Bench Strength

    Students will gain a deep understanding of the business of healthcare, which they can apply immediately on the job. Your employees will emerge with new perspectives that enhance their individual and collective performance over the long term.

    Develop Leaders

    Through the Leadership Development Program, your employees will be given the opportunity to work with an executive coach, receive insight and instruction on leadership techniques and have access to best-of-class diagnostic tools used by Fortune 500 companies.

    Advance Organizational Initiatives

    Throughout the program, students work in teams on a Capstone Strategy Project where they apply business concepts to a real problem, initiative, or opportunity that your organization faces. With support from Vanderbilt faculty, the team will be able to determine solutions that rival those of highly paid consultants. 

  • ROI for Students

    Today’s healthcare organizations demand managers who comprehend the value and intricacies of practice yet have the confidence, expertise, and skills to build and manage people, programs, and organizational initiatives. You may be highly proficient and committed to excellence in patient care, administration, or another technical area, but chances are good that you haven’t had the time or resources to acquire the management tools to complement your current skills. You may also be seeking vision across more areas of your healthcare organization to help you lead at a higher level. Without interrupting your career, the Vanderbilt Master of Management in Health Care helps you do the following:

    • Understand more fully your professional, management, and leadership capabilities
    • Accelerate your career within your organization
    • Develop deep management-level knowledge and understanding of all business disciplines through formal management curriculum
    • Complement healthcare management training with interdisciplinary, team-based learning
    • Make an immediate impact in your organization by applying new business concepts and skills
    • Earn a master’s degree from Vanderbilt Owen Graduate School of Management, a top-ranked healthcare management business school—with course work developed by world-class faculty and recognized healthcare experts

    From the moment you begin the Master of Management in Health Care program, you’ll return to your job with new skills and capabilities that will give you higher standing in your healthcare career and newfound credibility among the executive team. Your ability to apply classroom and project learning to real-time issues and opportunities on the job will further enhance your value and growth potential within your organization. The Vanderbilt Master of Management in Health Care will further increase your confidence and the knowledge that you have the healthcare management capabilities to set and achieve personal and organizational goals.

Special Funding

Yellow Ribbon Program

Vanderbilt University is a proud participant in the Yellow Ribbon Program. At Vanderbilt, all students who qualify for the Yellow Ribbon Program are entitled to receive a Yellow Ribbon award.

Vanderbilt's Yellow Ribbon Program support includes a dedicated financial aid officer who is familiar with your benefit opportunities.

Further information regarding the use of veterans' educational benefits at Vanderbilt University may be found on the veterans' benefits site.

Questions regarding VA educational benefits should be directed to the VA School Certifying Official in the Office of the University Registrar at: VASCO@vanderbilt.edu.

Loan Options

Master of Management in Health Care students may apply for U.S. Government loans as full-time students via the Vanderbilt Financial Aid Office. Because students are working executives capable of funding education through corporate sponsorships, loans, and cash flow, scholarships are limited.

To learn more about your loan options, visit the following websites:

Other Resources

We encourage students to do their own research when considering how to fund their degree. In addition to scholarships and federal loans, students could consider personal savings; family funds; sponsorship by their company; and other outside loans, grants, and scholarships. Your starting point for funding options outside of Vanderbilt MMHC scholarships should be the Vanderbilt University Office of Financial Aid.