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 MBA Degrees in Healthcare Management
- Baker College – MBA in Healthcare Management
Best Online MPH (Master of Public Health) Degrees
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
MPA: Health Policy
|Walden University – The Walden University MPH degree teaches the development of healthy individuals, organizations, and communities. The program provides core study in the public health field, using real-world teaching methodology, industry leading professors, and a capstone fieldwork practicum. Those interested in policymaking may find Walden's MPA in health policy to be of interest.|
Master of Public Health
MPH: Health Education
|Kaplan University – Graduates of the Kaplan University MPH program are ready to take their careers to the next stage at the government, nonprofit, or private level. The online program provides students with an education on how to analyze and apply scientific research, prepare public health policies, develop health education programs, and review the impact of occupational and environmental factors. Kaplan offers several specializations within their MPH program, including health education.|
Master of Public Health
||Grand Canyon University – The Grand Canyon University Master of Public Health program is recognized as a leader in training the next generation of public health advocates. Featuring a curriculum that is developed around a multidisciplinary methodology, courses include Biostatistics, Epidemiology, Environmental Health, and Social, Behavioral, and Cultural Factors in Public Health.|
MS: Health Communication
||Boston University – At the Boston University online Master of Science in Health Communication program, students are taught cutting edge methods in hospital administration through a dynamic curriculum that examines current healthcare issues. The program gives students a world class education in the art of communicating health literacy.|
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