MASTER OF MANAGEMENT

International Program

The International Program at CMMU aims to develop organizational leaders with up-to-date knowledge and skills in management to deal with dynamic global changes through a combination of relevant research and practical learning.

HEALTHCARE AND WELLNESS MANAGEMENT (HWM)

Transform yourself into a professional health & well-being leader.
  • In the healthcare & wellness industry, it is essential to have a combination of management and communication skills, along with truly understanding industry and customer insights. The healthcare & wellness industry is one of the largest and fastest growing sectors globally. The Healthcare & Wellness Management (HWM) program provides you with cutting edge healthcare & wellness industry knowledge, professional management and people skills, which are required for successful leaders.
  • The HWM program’s mission aims at providing existing & future healthcare professionals the business knowledge & leadership skills necessary to make significant improvements in the quality & efficiency of care delivery in an ever changing industry. The program is designed to develop outstanding leaders in healthcare & wellness industries, in collaboration with leading practitioners from Siriraj and Ramathiboodi hospitals, to elevate managerial skills at both industry and corporate levels. At the big picture level, the courses provide an understanding of the entire picture of healthcare systems, health policy, key players, and health payment systems. Throughout the program, we also offer exceptional knowledge in managing healthcare and wellness organizations, especially managing different professionals with various approaches to achieve effective results while maintaining good relationships within the companies and within the supply chain. Our comprehensive program offers distinctive practical knowledge, trends, and business opportunities. This program offers practical learning, together with several company visits which allows you to learn from real experts and their experiences, and most importantly, opportunities to network with top people from the healthcare & wellness industry.
    • Learning from experts and successful leaders
    • Practical learning
    • Strong networks in the healthcare industry
    • Several company visits

    WHO SHOULD TAKE THIS MAJOR?

    • Medical professionals, clinicians:physicians, nurses, pharmacists, and medical technologists who will pursue the top management level in their organizations.
    • Professional management positions in healthcare & wellness companies:Sales & marketing, business development, finance, supply chain, information technology in hospitals, pharmaceutical companies, insurance companies, and medical supplies companies.
    • Current or future entrepreneurs in healthcare & wellness business:including anti-aging centers, medical spa, aesthetic clinic, fitness and wellness center, health startup application, nursing home, nursing school, rehabilitation center, medical device support, cosmetic business, nutrition and supplement.
    • Students with bachelors or master’s degree in any field who are interested in enhancing their capabilities and skills.

    CAREER OPPORTUNITIES

    • Medical director, nursing director in a hospital
    • CEO, managing director, leaders of healthcare & wellness businesses
    • Successful entrepreneur, i.e., nursing home, elderly care home, medical spa, wellness center

    Contact and Enquiries

    CMMU regular business hours
    • Open 10.00 - 18.00 Weekday
    • Open 08.30 - 16.30 Weekend
    Tel: (66) 02 206 2000 Ext.3205
    email: This email address is being protected from spambots. You need JavaScript enabled to view it.
    • Curriculum Structure

        Plan A
      Thesis Plan
      Plan B
      Thematic Plan
      1. Pre-Courses None Credit None Credit
      2. Required Courses 21 Credits 21 Credits
      3. Elective Courses 9 Credits 18 Credits
      4. Thesis 15 Credits -
      5. Thematic Paper - 6 Credits
      Total Credit 45 Credits 45 Credits
      Required Courses (21 Credits)
      • MGMG 508 Strategic Marketing Management
      • MGMG 513 Financial Management
      • MGMG 515 Asian Economy in the Global Context
      • MGMG 547 Managing People in Organizations
      • MGMG 598 Managing Business Information and Emerging Technologies
      • MGMG 509 Strategic Management
      • MGMG 523 Decision Skills
      • MGMG 669 Business and Management Research (for thesis track only)
      Elective Courses
      Plan A 3 Required Elective Course (Total 9 Credits)
      • Emerging Healthcare & Wellness Business
      • Leading and Managing Healthcare Organizations
      • Principles & Concepts of Health Systems and Health Policy
      Plan B 3 Required Elective Course + 3 Free Elective Courses (Total 18 Credits)
      • Emerging Healthcare & Wellness Business
      • Leading and Managing Healthcare Organizations
      • Principles & Concepts of Health Systems and Health Policy
    • Course Description

      • Strategic Marketing Management

        Marketing, strategic analysis of markets, market research, consumer behavior, customer relationship management, corporate social responsibility, ethics, retailing, logistics, distribution channels, branding, advertising, events, public relations, omni channel and digital marketing, pricing, promotion, environment scanning, competitor analysis, new product development, product adoption, direct marketing, sales force

        Strategic Management

        Strategic management process, company stakeholder and policy, external environment analysis, Internal environment analysis, building competition advantage through function-level strategies, department strategy, competition and industry environment strategy, world environment strategy, organization strategy, vertical integration, diversification and strategic alliances, development, building and restructuring the corporation, designing organization structure, strategic control system design, matching structure & control to strategy, application of strategic change and case study analysis, Integration and of multidisciplinary knowledge

        Asian Economy in Global Context

        Microeconomics, demand and supply, elasticity, government policies, production and output, costs, perfect competition market, monopoly, monopolistic competition, oligopoly, game theory, market failures. Macroeconomic, measuring GDP, economic growth, inflation, unemployment, monetary policy, fiscal policy, business cycle, international trade, and international finance, the examples and cases of real situations happened in Asian economies

        Financial Management

        An overview of the financial management framework of a corporation; financial statement analysis; ethics of financial management; financial planning and forecasting financial statements; working capital management; time value of money; investment decision-making; interest rates and bond valuation; risk, return and the capital asset pricing model; cost of capital; valuation of stocks and firms; capital structure decision-making; distributions to shareholders; cash flow estimation and risk analysis; multinational financial management

        Decision Skills

        Frameworks for effective management decision-making, models and tools for decision makers, use of information for decision making, cultural, organizational, research skills for managers, psychological and ethical factors affecting business decisions

        Managing People in Organizations

        Individual behavior, personality type, values, attitudes and job satisfaction, role of motivation and performance, group behavior, emotional intelligence, communication and decision making, leadership, power and politics, organization structure, organization design, ethics and social responsibility, corporate culture and environment, cross-cultural management, planning and goal setting, organizational development and change

        Managing Business Information and Emerging Technologies

        Information systems from the business viewpoint; understanding of its business activities and information requirement, emerging technology, application systems to support stakeholders needs and enhance business value, information systems development, evaluation and selection

        Business and Management Research (Thesis Plan only)

        The basic structure of a research, the interdependence between research objective, research framework (in terms of variables studied and related hypothesis), and research methodology (in terms of methods of data collection, data measurement and data analysis). Sampling design, questionnaire design, interview, and experiment, Management and analysis for quantitative or qualitative data at basic and intermediate levels
      • Emerging Healthcare and Wellness Business Management

        Trend of healthcare and wellness industry, opportunity and problem identification, idea generation, concept development, idea testing, concept implementation, business model and business strategy, customer segment, value proposition, distribution channels, customer relations management, revenue stream, key activities, key resources, key partners, cost structure, service management, service excellence,

        Leading and Managing Healthcare Organizations

        Organizing and governing healthcare organization, roles of healthcare leader and healthcare professions, hospital international standards, medical travel services, healthcare organizational strategy, patient experiences, healthcare digital transformation

        Principles and Concepts Health Systems and Health Policy

        Principles and concepts of health systems and health services systems; Systems thinking; the building blocks of health systems, the desirable characteristics and the goals of health systems; Systematic approaches to analyze demand and supply of health services delivery in various population groups; Social determinants of health (SDH) and health promotion; Health care reforms; Principles and concepts of health policy formulation, advocacy, decision-making, implementation, monitoring and evaluation; systematic assessment of health policy process, and applications of social sciences theories in the policy processes to make health policies relevant to socioeconomic and political contexts, especially in LMICs settings.

        Seminar in Contemporary Health Care and Wellness Management

        Contemporary management with related to health care and wellness management. Issues in contemporary healthcare and wellness management. Problem solving and analysis in management within healthcare and wellness organizations. Experience integration from class participants and knowledge from management for problems encountered.

        Operation Management

        Foundations of operations management to business management. Operation and competitive advantage. Operation strategy. New Service Development. Service blueprint. Process Analysis. Capacity Analysis. Concepts, methods and implementation of quality service delivery for customers. Moments of truth. Psychology of waiting line. Total Quality management. Process improvement in organizations. Lean management. Strategic supply chain management

        Soft Skill Development

        Significance of soft skills in communication, coaching and active listening skills, mentoring, facilitation, handling difficult people, giving constructive feedback, and inquiry skill

        Business Planning

        The process of business planning as part of the process for identifying potential innovation opportunities, validating them, and then putting the business activities in place to realize them: defining an entrepreneurial mindset; methods to think bigger, aiming for innovation, impact on society and reaching international markets; methods to act small, test potential opportunities using quick, low-risk tests and then scaling up; communicating entrepreneurial opportunities to stakeholders; differentiation between entrepreneurial opportunities and other business opportunities

        Managerial Negotiation Strategy

        Negotiation process as a management instrument, influence building to colleague, supervisor, subordinate, supplier, customer, labor union, government, trade association, efficient negotiation strategy and case studies

        Consulting Tools for Sustainability

        Consulting skills, interpersonal skills, analytical skills, emotional intelligence, communication skills, coaching skills, leadership skills, people development skills, change management, team leadership, conflict management, management for sustainability

        Communication Skills for Health Care Executives

        Communication of health care executives with a wide range of internal and external groups. The competencies necessary to deliver successfully presentations in a variety of situations that involve subordinates, superiors, with the board, peers, and external constituencies. Analysis in challenging communication situations, prepare for contingencies, think on their feet, answer difficult questions and develop poise and confidence under pressure. Media management

        Health Ethics, Law and Governance

        The link between ethics, law and governance; ethics and law in managerial decision making; healthcare legislation and regulation of healthcare professionals; corporate governance; whole of governance approach; governance for health and well-being; accountability, transparency and privacy obligations; public and private partnerships; co-locations of public and private hospitals; codes of conduct; negligence and complaints; managing the complaint process and incident management; the rights of patients; informed decision making and consent; shared decision-making; open disclosure; end-of-life decision making and related ethical issues
    • Admission Requirements

      Graduated with Bachelor Degree Yes
      English Proficiency
      *English Examination Score gained
      within the last 2 years
      Take CMMU English Examination or
      Submit TOEFL ITP 520* or
      Submit IELTS 5.0*
      Management Aptitude (CMMU-TAP)
      **GMAT Score gained within the last 5 years
      Take CMMU-TAP or
      GMAT 500**
      Prior Work Experience

      Valued in all programs,
      but not required

    • Fee Structure

      Item Precourse Term 1 Term 2 Term 3 Term 4 Term 5 Total
      1. Matriculation - 35,000 35,000 35,000 35,000 35,000 175,000
      2. Entrance Fee 38,000 - - - - - 38,000
      3. Tuition Fee1 - 43,200 43,200 43,200 43,200 43,200 216,200
      Total Academic Expenses 38,000 78,200 78,200 78,200 78,200 78,200 429,000
      Remark
      1. All students are required to achieve at least 45 credits. The fee (excludes textbooks) of 216,000 THB (4,800 THB/credit x 45 credits) charged for the Master of Management (International Program) is considered a "total program fee".
    • Graduation Requirements

      Successful completion of the Masters Program requires students to meet several quality standards set by the College. Students must register to maintain their status as active students during every trimester of study until they graduate. In order for students to do this, they must register for a minimum of three (3) credit hours per trimester. As noted earlier, the maximum number of credits that a student may take in one trimester is twelve hours. The Program Chair and the Director of Academic Programs must approve any exceptions to the above policy.

      Students who have satisfied the general requirements for admission or successfully transferred from Conditional Status will be admitted as Graduate Students. To retain Graduate Status in the Master program, a student must maintain an overall GPA of 3.00 or higher.

      1. Overall GPA: Students must earn an overall GPA of at least 3.0 in their Masters program.
      2. Pass Written Comprehensive Examination: The purpose of the Written Comprehensive Exam is for students to demonstrate their mastery of core material drawn from the CMMU management curriculum.
      3. TOEFL ITP score of 520+ prior to graduation (Equivalent to TOEFL IBT 68, IELTS 5.0 or MU GRAD TEST 70)
    69 Vipawadee Rangsit Road
    Samsennai, Phayathai District,
    Bangkok, Thailand 10400
    Tel: 662 206 2000 Fax: 662 206 2090
    Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
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