Careers with graduate degrees in healthcare and business


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According to the U.S. Department of Labor, those with a graduate degree in hand earn significantly more than those who enter the workforce with a Bachelor’s degree or a high school diploma. Considering this, the article ‘Careers with Graduate Degrees in Healthcare and Business’ briefs about some popular graduate programs in healthcare, business & nursing.

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Careers with graduate degrees in healthcare and business

  1. 1. Careers with Graduate Degrees in Healthcare and BusinessNumbers don’t lie: The weekly average earnings of professionals with a master’s degree was $1,272in 2010, a cool $234 more than those with just a bachelor’s degree, and a whopping $646 more thanhigh school graduates earned.1Food for thought? Call for action? Call it anything—it seems evident that education can pay off. Sobefore you pay heed to the cynics who ridicule the value of advanced degrees, consider thesegraduate degree programs, which have the potential to turnaround your professional life.Master of Science in Healthcare AdministrationHealthcare administration refers to the management of healthcare facilities like hospitals, clinics,residential care centers, nursing homes, etc. Like any other business, healthcare requires qualifiedand trained professionals to manage facilities and ensure their smooth operation, and that’s preciselywhat a Master’s of Science in Healthcare Administration program trains graduates to do.Roles for graduates of a Master’s of Science in Healthcare Administration program include generalisthealth services managers, who could be responsible for managing an entire healthcare facility.Another branch of healthcare administration that graduates of this program can explore is healthinformation management. Health information managers are responsible for maintaining patientrecords and ensuring their security. Theirs is among the most important duties within a healthcareenvironment.Master of Business AdministrationThere was a time when an MBA was preserved for the crème de la crème. Only a few elite institutionsoffered MBA programs, and even fewer hopefuls were allowed entry into them—only after meetingstringent eligibility criteria.Over the years, the MBA degree has become democratized. There is a skilled and talented managerhidden inside a lot of people, and all they need is a chance to develop those skills. The growth in thenumber of flexible and online MBA programs has made it possible for such people to realize theirdream of someday leading a team.An MBA program can help qualify graduates for executive positions in a variety of business fields,depending on their specialization and interest. From banking to hospitality and retail to education—business graduates have an important role to play in almost all industries.Master of Science in Nursing AdministrationThe growth path for a registered nurse is pretty standard. It’s simply a transition from being a bedsidepatient care provider to a nurse manager—or so one would think. The path may be straightforward,but the transition may be rocky.Since the duties of a nurse manager include supervision of the clinical and administrative operationsof a healthcare unit, they need superior clinical skills and a strong theoretical foundation that only aMaster’s of Science degree in Nursing Administration or a related nursing program can provide.
  2. 2. Their knowledge of business and management principles, laws related to healthcare, and familiaritywith advanced nursing concepts can help make graduates of this program ideal candidates forleadership roles within a clinical facility.Master of Science in Nursing EducationRegistered nurses interested in branching off from direct patient care to research and academicsoften choose a Master’s of Science in Nursing Education program.As nurse educators, they have the huge responsibility of guiding and mentoring the new entrants intothe field. Not only do they have to train them in the clinical aspects of nursing, but also instil in themthe mental toughness and physical perseverance needed to perform this noblest of roles.Nurse researchers, on the other hand, have the important task of making sure that continuousimprovements take place in their profession through their efforts.Source: 1.