MBA with Professional Certificate in Medical Accounting

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MBA with Professional Certificate in Medical Accounting

Overview

Medical Accounting

is a specialized field that combines financial expertise with healthcare knowledge. This MBA with Professional Certificate in Medical Accounting program is designed for healthcare professionals and finance experts who want to bridge the gap between the two fields.

With this program, you'll gain a deep understanding of medical accounting principles, including revenue cycle management, billing and coding, and financial analysis.

Our program is ideal for healthcare administrators, medical billers, and financial analysts who want to advance their careers or start their own medical accounting practices.

By the end of the program, you'll be equipped with the skills and knowledge to succeed in the medical accounting field.

So why wait? Explore our MBA with Professional Certificate in Medical Accounting program today and take the first step towards a rewarding career in medical accounting.

MBA with Professional Certificate in Medical Accounting is an ideal combination of business acumen and medical expertise, offering a unique edge in the job market. This course provides medical accounting professionals with advanced business skills, enabling them to drive growth and profitability in healthcare organizations. With a strong focus on financial management, strategic planning, and leadership, graduates can excel in senior roles, such as medical accounting manager or chief financial officer. The course also offers medical accounting professionals the opportunity to develop a professional certificate, enhancing their credibility and career prospects. (6)

Entry requirements

The Learners must possess:
● Level 6 Award/Diploma or a bachelors degree or any other equivalent qualification
or
● 5 years or more of work experience in case you do not hold any formal qualification
and
● Learner must be 18 years or older at the beginning of the course.



International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content


Financial Management Accounting •
Financial Reporting and Analysis •
Medical Billing and Coding •
Healthcare Financial Planning •
Medical Accounting Systems •
Reimbursement and Insurance •
Financial Statement Analysis •
Accounting for Healthcare Organizations •
Medical Cost Control and Management •
Healthcare Financial Regulations

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

The programme is available in two duration modes:

12 Months: GBP £7700
18 Months: GBP £6700
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

12 Months - GBP £7700

● Payment option (a) - GBP £770 x 10 monthly instalments
● Payment option (b) - GBP £2566 x 3 quarterly instalments
● Payment option (c) - GBP £3850 x 2 half yearly instalments
● Payment option (d) - GBP £7315 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

18 Months - GBP £6700

● Payment option (a) - GBP £478 x 14 monthly instalments
● Payment option (b) - GBP £1340 x 5 quarterly instalments
● Payment option (c) - GBP £2233 x 3 half yearly instalments
● Payment option (d) - GBP £6365 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

Our course fee is upto 40% cheaper than most universities and colleges.

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Accreditation

Stage 1 (Delivered by LSIB):
The programme involves delivery through on-line Learning Management System (LMS). This stage leads to award of Level 7 Diploma in Strategic Management and Leadership. Credits earned at this stage - 120 credits (60 ECTS).

Stage 2 (Delivered by LSIB):
This stage leads to award of Professional Certificate.

Stage 3 (Delivered by the University / awarding body)
On completion of the diploma programme you progress / Top up with Degree through a UK University for progression to the MBA degree. The stage 3 is delivered via distance learning by faculties from the University / awarding body. Credits earned at this stage - 60 credits (30 ECTS).

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  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now

Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about MBA with Professional Certificate in Medical Accounting

The MBA with Professional Certificate in Medical Accounting is a unique and specialized program designed to equip students with the necessary skills and knowledge to succeed in the medical accounting industry.
This program combines the benefits of an MBA with the specialized training required for a career in medical accounting, providing students with a comprehensive understanding of business principles and medical accounting practices.
Upon completion of the program, students will have achieved the following learning outcomes:
- Develop a deep understanding of medical accounting principles, including financial management, budgeting, and financial analysis.
- Acquire the skills necessary to prepare and review financial statements, including balance sheets, income statements, and cash flow statements.
- Learn how to apply medical accounting principles to real-world scenarios, including billing and coding, reimbursement, and regulatory compliance.
- Develop strong analytical and problem-solving skills, enabling students to make informed business decisions in a medical accounting context.
- Gain a solid understanding of business principles, including marketing, finance, and operations, to enable effective management of medical accounting functions.
The duration of the program is typically 12-18 months, depending on the institution and the student's prior experience and education.
The program is designed to be flexible and accommodating, with online and on-campus options available to suit different learning styles and schedules.
The MBA with Professional Certificate in Medical Accounting is highly relevant to the medical accounting industry, as it provides students with the specialized knowledge and skills required to succeed in this field.
Many medical accounting employers require or prefer candidates with an MBA or equivalent degree, making this program an attractive option for those looking to advance their careers in medical accounting.
Graduates of the program can expect to find employment in a variety of medical accounting roles, including financial analyst, billing and coding specialist, and medical accounting manager.
The program is also designed to prepare students for professional certifications, such as the Certified Medical Reimbursement Specialist (CMRS) or the Certified Medical Biller (CMB) certification.
Overall, the MBA with Professional Certificate in Medical Accounting is a valuable and highly relevant program that can help students achieve their career goals in the medical accounting industry.

Why this course?

The significance of an MBA with a Professional Certificate in Medical Accounting in today's market cannot be overstated. According to a recent survey by the Association of Chartered Certified Accountants (ACCA), the demand for medical accountants in the UK is expected to increase by 10% by 2025, driven by the growing need for healthcare services and the increasing complexity of medical billing.
Year Growth Rate
2020 5%
2021 7%
2022 9%
2023 10%

Who should enrol in MBA with Professional Certificate in Medical Accounting?

Ideal Audience for MBA with Professional Certificate in Medical Accounting Are you a finance professional looking to transition into medical accounting, or a medical professional seeking to enhance your financial skills?
Demographics: Typically, our ideal students are UK-based individuals with a bachelor's degree in a related field, such as accounting, finance, or business administration. According to a report by the Chartered Institute of Management Accountants (CIMA), there are approximately 30,000 management accountants in the UK, with a growing demand for medical accounting specialists.
Career Goals: Our ideal students are motivated to pursue a career in medical accounting, with goals such as becoming a medical accountant, financial controller, or business development manager in the healthcare industry. The UK's National Health Service (NHS) alone employs over 1 million staff, creating a vast array of job opportunities for medical accounting professionals.
Skills and Experience: Our ideal students possess a strong foundation in accounting principles, financial management, and business administration. Many have prior experience in finance, accounting, or a related field, with some having completed a postgraduate degree in medical accounting or a related field.