The Health Sector Management (HSM) Certificate offers education in the interaction and interdependence of health-related industries and organizations. The HSM Certificate Program is available to Fuqua alumni who have already completed their MBA.
Certificate Requirements
The certificate requires a total of six courses
- 3 required HSM courses
- 2 required Industry Context electives
- 1 Breadth elective
Residency at Duke’s campus in Durham, North Carolina is required for students taking courses during the Elective Term.
HSM Courses
Students take HSM courses in residency or via the distance learning platform along with students from the Weekend Executive MBA programs.
Three required HSM courses:
- Health Institutions, Systems, and Policy (HLTHMGMT 710) “HSM Bootcamp”
- Fundamentals of Health Sector Management: A Global Perspective (HLTHMGMT 705E, 706E, 707E) “HSM Seminar”
- HSM Project Course (HLTHMGMT 897E) – Conducted immediately following successful completion of HSM
coursework.
HSM Industry Context Electives
Students must take two Industry Context electives, and then they will need to take one Breadth elective to fulfill the remaining requirement. Industry Context electives include:
- Health Care Markets (HLTHMGMT 711E)
- Life Science Strategy (HLTHMGMT 718E)
HSM Breadth Elective
One course must be an HSM Breadth Elective, from examples below:
- HLTHMGMT 716 (Week in DC): Management of Health Systems and Policy
- FINANCE 646E Corporate Finance
- MANAGEMT 745E Negotiation
- MARKETNG 796E Market Intelligence
- MARKETNG 807E Marketing Strategy
- MARKETNG 808E Strategy and Tactics of Pricing
- STRATEGY 840E Emerging Markets Strategy
- STRATEGY 838E Entrepreneurial Strategy for Innovation-Based Ventures
Dates: The HSM Breadth Elective classes are offered during the elective terms.
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Tuition
$15,000 USD (6 courses)
- (Course fees are subject to change by the Duke Board of Trustees)
- HSM courses (6) * $2,500 per course = $15,000 tuition cost
Continuing Medical Education (CME) Credit for Physicians
Physicians who complete the Health Sector Management Certificate are eligible to earn 25 American Medical Association (AMA) PRA Category 1 Credits. Physicians who complete the HSM Certificate immediately following completion of core MBA courses, with no lapse in continuity, are eligible for this Continuing Medical Education (CME) opportunity.
Courses Descriptions
Health Institutions, Systems, and Policy (HSM Bootcamp): This week-long course provides a detailed overview of the health care system’s segments and stakeholders, analyzes the industry’s evolution, and explores the dynamic nature of the sector. Daytime, Weekend Executive, and Global Executive MBA students may take this course together.
Fundamentals of Health Sector Management—A Global Perspective (HSM Seminar): This multi-term course provides an overview of the global health sector, addresses current business and policy challenges, and creates a common discourse and understanding of health sector management across Fuqua’s executive MBA programs.
HSM Project Course: During this independent study, students apply core business skills to an in-depth analysis of health care topics by developing actionable recommendations. The HSM Project Course cannot be taken until all other HSM certificate requirements have been met.
Health Care Markets: This course applies the tools of economics and strategy to the challenges and opportunities faced by product manufacturers, insurers, health care providers, and others in the health sector.
Life Science Strategy: Examine product strategy in the biotech, device, and pharmaceutical industries. Consider the perspectives of large incumbents, entrepreneurial start-ups, and companies in between. Life science product companies face new challenges and opportunities in a business environment characterized by rapid growth in emerging markets, but increasing regulatory oversight and reimbursement challenges in the developed markets.