MBA in Healthcare Management
Most Master of Business Administration (MBA) programs allow students to choose a specialty so they are prepared to work in a specific career field. One option available through some programs is a concentration in healthcare management. This kind of degree allows students to work in administration at a health-related facility, such as a hospital or nursing home, or to manage a health-related company, such as a health supply manufacturer or insurance firm.
My Degree and What It’s Good For
Unlike a Master of Health Administration (MHA) or Master of Public Health (MPH), an MBA in healthcare management gives students a very strong foundation in general business administration skills. With the concentration, however, students still learn skills specific to working in healthcare. If students ever choose to change their career, though, it is much easier, since they already have a base of knowledge in general business. Of course, students can also go on to take more health-related classes if they really want to boost their management skills in relation to healthcare.
Some MBA programs require that students have work experience in a business setting before they apply. Some employers in healthcare will even pay for students to go back to school for an advanced degree while continuing to work for them. Through these types of tuition assistance programs, students get money for school or to pay for student loans, but they are committing to work for the employer for at least a certain number of years.
Once students have a master’s degree in their field, they are eligible for better positions and promotions, both of which come attached to higher salaries. The classes students take as part of an MBA in healthcare management program prepare them for the increased responsibilities of these positions, so they learn to make smart business decisions for their employer, and they could even someday open their own consulting firm in the healthcare management field.
My Earning Potential
According to The Bureau of Labor Statistics, the median salary for medical and health services managers was $80,240 in 2008. Salaries can vary based on the type of facility you work in, location, level of education, and whether you work for a public or private company. Other median wages in healthcare management include:
- general medical/surgical hospitals: $87,040
- outpatient care centers: $74,130
- physicians’ offices: $74,060
- home health services: $71,450
- nursing facilities: $71,190
Online Degrees in Public Health
Public health is the science of preventing disease and promoting health at the population level. Programs prepare students to become leading public health professionals capable of addressing current global public health problems. By clicking on the logos below, you can receive more information regarding your degree and school of choice.
Master of Public Health
||Indiana Wesleyan University – Indiana Wesleyan University offers an innovative and effective accredited online program. The Master of Public Health prepares students for high-level careers as healthcare managers, managed healthcare plan coordinators, hospital administrators, and much more. Courses cover a variety of subjects including Biostatistics, Epidemiology, Environmental Health, Health Services Administration, and Social and Behavioral Studies. IWU is accredited by the Higher Learning Commission.|
Master of Public Health
MPH: Health Education & Promotion
MPH: Health Management & Policy
|Benedictine University – With the Master of Public Health from Benedictine University, students develop an advanced knowledge of the educational and leadership development of public health. The degree program is designed for individuals interested in public health policy in America and abroad. Courses include public health law, policy, and administration.|
Master of Public Health
||George Washington University – George Washington University's Master of Public Health program features a curriculum of public health core with a focus on the needs of today's healthcare industry. Courses feature a conceptual, factual, and skill base where students are given the opportunity to apply their knowledge and skills in a professional setting. GWU is accredited by the Middle States Association of Colleges and Schools (MSA).|
MS: Public Health
||Southern New Hampshire University – Southern New Hampshire University offers an MS in Public Health that readies graduate students for the business, programming, planning, and policy aspects of public healthcare management. This degree is a 46-credit hour program that includes a compulsory healthcare practicum.|
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