Return on Investment - Education Funding - Coursework Example

Secondly, the MBA course offered has an international outlook for students. Essentially, it fosters diversity of the students within their careers across the world enabling them to tackle global and local challenges facing the businesses that they work at. Lastly, with the wide variety of students from across the world, an MBA course at the university enables students to develop lasting lifelong networks across the world. The executive MBA program in Health Administration at the University of Colorado Denver is paramount towards my career development.

The MBA program gears towards imparting health care professionals with excellent health management skills. As a student of the course, I will be able to develop management skills that are practical and real time. The skills will enhance my ability to respond to developments within the workplace and health care as an industry. Being more attune to these developments as well as having the knowledge to develop solutions to the challenges occurring will enable me to optimize the performance of the workplace.

Overall, the course will improve my skills, confidence and career as a health care administrator. The two-year course is offered on and off campus. Regardless of the schedule of choice, the basic costs incurred are within the same range. The total cost of tuition is $53,000. Other costs incurred include a onetime non-refundable deposit of $1,000. Additionally, food and housing will amount to $27,008 and personal expenses amount to $8672. Miscellaneous expense will amount to $2,000 for the two-year program.

The total costs of the program will amount to $89,680 (University of Colorado, 2014). Given the investment of $89,960 in the Executive MBA in Health Administration, the course was able to generate a Net Present Value of $ 49,372.9. Further, the Executive MBA in Health Administration was able to deliver an internal rate of return of 14%. The internal rate of return of