If you are interested in earning an MBA, it is time to take a look at the careers available with an MBA in Healthcare Administration. A Master of Business Administration degree is a graduate degree that caters to professionals who want to become well-rounded business professionals. When you specialize your degree in Healthcare Administration, you will take business courses and core courses centered around administrative duties in healthcare settings. Once you hold your professional MBA degree, you will be qualified for a host of different positions that require a graduate degree. Here are some of the careers you might be interested in:
What Are the Concentration Courses for MBA Health Administration Programs?
The purpose of the MBA degree with a concentration in Health Administration is to demonstrate to students how marketing, financial and operational activities take place in hospitals and other types of health organizations. In addition to the core courses that you must take to earn a generic MBA, you will take Health Administration curriculum. Some of the courses you will take to prepare for administration roles in healthcare settings include:
- Pubic Health Systems
- The Business of Health Care
- Environmental Health
- Global Health
- Marketing of Public Health
Where Can You Work With Your MHA Degree?
You can work in a long list of different health environments with your MBA degree. The careers that are open to you as a candidate depend upon the type of setting you would prefer to work in. Here are some of the most common providers who have a need for MBA grads:
- Physician practices
- Group medical practices
- Health clinics
- Public health agencies
- Nursing homes
- Long-term care facilities
- Home healthcare organizations
- Mental health centers
- Outpatient surgical centers
- Rehabilitation centers
Job Titles You Can Hold With Your MBA
There are several different healthcare administration careers that you can pursue when you have an advanced degree. Since there is a large population of aging people in the nation, there is a greater need for administrative medical professionals with an expertise in different operational activities. According to the Examiner, some of the careers in administration that you can pursue include:
- Health Informatics Manager
- Research and Development Managers
- Healthcare Consultant
- Hospital CEO
- Hospital Chief Finance Officer
- Practice Manager
- Project Manager
- Hospital Manager
What is the Career Outlook in Healthcare Administration?
According to the Bureau of Labor Statistics, the job outlook for medical and health services managers is positive. Based on the trends and the projected need, the bureau predicts that the need for MBA grads will grow by 17 percent. This growth is not projected to fall as life expectancy rates rise and baby boomers require more routine care. This is why the job prospects in health services are so favorable.
Related Resource: Dual MBA
It is important to price the cost of an MHA degree before you choose this route. Once you know how much you will pay, you can see how much you can expect to earn once you graduate. As long as the careers available with an MBA in Healthcare Administration pay well and you can earn an Return on Investment, it makes sense to go for your professional degree.
