You are here:: Third Semester Management and Finance of Healthcare Organizations

Specialization Courses in Management and Economic Management in Health Services Units


This specialization includes the following compulsory course:

Strategic and Financial Management in Health Care

Since the ‘90s it has become clear that firms need to seek operational effectiveness by means of strategic positioning and financial management in order to secure long-run profitability. This course teaches basic principles and techniques of Strategic Management and Financial Management, which are of interest to all those working in executive positions in the private sector (e.g. clinics, pharmaceutical firms, medical equipment firms), as well as to health care staff employed in the public sector (e.g. Regional Health Systems, NHS hospitals, Health Centers). The aim is students to familiarize with the principles and methods of strategic management and finance by means of lectures, case studies from the real world and applications of the acquired knowledge and skills in health care units. Initially, we discuss the meaning and role of strategic positioning with the use of case studies (e.g. Shouldice hospital). Next, we present various tools and concepts related to strategic and financial management (e.g. Business Plan, Balanced Scorecard, PEST analysis, Porter’s Five Forces model, financial statement analysis, break-even analysis).


Instructor: Aletras Vassilis



The student is required to select three of the following electives:

Management Information Systems in Healthcare Organizations

The course is designed to introduce graduate students to the fundamental concepts, principles and perspectives of Health Information Systems and e-Health Services, with particular emphasis on their contribution and functionality in the units of health care and on contemporary applications.


Team of Instructors: Vlachopoulou Maro, Manthou Vassiliki


Quality Improvement Systems and Human Resources Utilization

Upon completion of the course students will understand the general philosophy around the joint efforts to improve the quality of human resource management. In particular they will be able to understand:

  • the importance of the human factor in quality improvement
  • the evolutionary path of the relationship between quality and human resources .
  • the different approaches and trends in the development of human resources through the adoption of quality improvement programs .
  • the practice of Human Resource Management programs in TQM programs .


Team of Instructors: Vouzas Fotis, Tsiotras Georgios


Central and Regional Health Policy and Planning

This course complements the basic course of the health care management specialization of the MBA Executive, as well as the elective module “Health Economics”. It contains knowledge on the legal issues surrounding the establishment and operation of public and private units providing health care services. It clarifies the notions of strategy in health, social policy and health policy, as well as the content and goals of planning – programming in the mid-term and long-term. The processes of planning and the levels of synthesis and application. The context of health care policies. The assessment of the organization and financing of the Greek National Health System and a comparison with European systems. The establishment of strategic and action plans, along with partial policies and actions. The importance of logistics in health care units. Marketing processes for health care units. Organization of primary, secondary and tertiary care units in the public and private sectors. The use of tools of public relations. The behavior of patients – users. Epidemiology of health in Greece and the EU.


Team of Instructors: Aletras Vassilis, Christoglou Konstantinos, Vassiliadis Christos



Health Economics

In this course the economic principles and methods are applied in the field of health care, thus providing the necessary academic knowledge and practical skills to those employed or aiming to be employed in the Department of Health, Regional Health Systems, hospitals and elsewhere (e.g. pharmaceutical companies).


Instructor: Aletras Vassilis


Human Resources Management in Health Care Organizations

Given the rapid change in the health care services, it is more important than ever for health care human resources departments to become an integral part of the organization’s strategy. A modern approach to human resources management is essential as health care is extremely labor intensive based at the same time on productivity, resource constraints and quality of services. Within this context, the course examines human resource practices that recruit, motivate and retain human resources appropriately aligned to organizational strategies.


Team of Instructors: Mihail Dimitrios, Christoglou Konstantinos


Budget Control Systems and Cost Accounting of Healthcare Services


Sociology of Healthcare Services


Medical Ethics and Legislation