Healthcare Administration: Why You Should Earn Your MSN/MBAHigher Education Articles May 4, 2013
A MSN/MBA is a dual degree program that offer students a list of opportunities and plenty of career options. Some people believe that earning a dual degree would be better while others feel it is potentially a waste of time. The MSN or Master of Sciences in Nursing Degree, focuses on an advanced nursing specialty and prepares students for leadership roles.
The MBA is a business degree, and it may not always be practical for your career purposes. Some students fall into large debt and soon find out that a certain degree does not guarantee them a dream job. Some hospitals and clinics do offer travel options for qualified personnel, but this may require relocating to a new place. The MBA is a business-oriented degree that can expand your options to include the corporate world, including other facilities besides just clinics and hospitals. You could bring your business and nurse training into the spotlight by excelling in a part of the business that other nurses often forget. This is a growing career path. In general, the field of nursing is growing, as reported by the U.S. Bureau of Labor Statistics, who predicts nursing will increase in demand until 2013.
In order to start your education, you should pursue a bachelor of science (B.S.) in Nursing degree program, and eventually become a licensed Registered Nurse, which is given once you have passed the NCLEX-RN examination.
What Types of Subjects are Covered in a MSN/MBA Dual Program?
An MBA and MSN program have a curriculum that is divided into several parts. The nursing core is made of subjects like evidence, disease prevention, health practices and even philosophical aspect of nursing. Nursing administration is studied as the course proceeds, with curriculum being devoted to organization theories and operation, leadership strategy in nursing, financial aspects of nursing, and standards in most hospitals. Other subjects you will learn may involve technology, managerial finance, accounting, environment, marketing and doing business overseas.
While nursing is a position of advocacy, with the extra MBA training, you may find yourself contacted by companies, clinics, private offices or even corporate companies who want to use your hospital expertise and business school training for commercial or consulting purposes. With the rise of medical malpractice cases, as well as insurance companies that want to protect their investment, more jobs are being offered in these fields. However, more than a few MBA/MSN applicants go on to work with biotechnology firms, device consultants and manufacturers.
The MBA specialty program may take an additional two years to complete, if students are enrolled full-time. With a firm goal in mind, this program may benefit you in the long run due to the job opportunities, so the investment may be worthwhile. Remember, these programs may be taken online through various schools such as University of Phoenix, DeVry University, Penn State University, Arizona State University, and many others.
Earn your MSN/MBA dual degree today and prove to different businesses and organizations that you will be a valuable member of their team.