Online Health Care Administration and Management Master's Degree
Health care is one of the fastest growing industries, thanks in part to advances in medical technology and changes in federal regulations impacting patients, hospitals and insurers alike.
Students with a bachelor’s degree in a health field such as nursing can advance through the ranks without leaving the workforce by earning an online master’s in health care administration. Those with undergraduate degrees in business and other subject areas can position themselves to enter this rapidly expanding industry at the management level.
|Leadership in health care|
|Health care financial management|
|Health care quality, regulation, and risk management|
|Emerging issues in health system management|
|Managing emergency preparedness|
An online master’s in health care administration aims to prepare graduates to eventually work as CEOs and CFOs of hospitals, clinics and other medical facilities. Students take courses in finance, law, marketing, human resources and ethics - all delivered through the lens of the health care industry.
Health care administration students also learn how to deal with laws and regulations specific to the health care industry through courses such as health policy and regulation and health care policy analysis and development. Some online programs require students to complete on-campus residencies over the course of their program. During these residencies, students learn from health care executives, meet with faculty and network with their virtual classmates.
|Medical and health services manager||$84,300|
|Human resources manager||$99,200|
|Chief executive officer||$165,000|
*per the BLS Occupational Outlook Handbook
Rapid growth in the health care sector - the industry as a whole is expected to add nearly 5.6 million jobs by 2020 - will translate into low unemployment rates and high starting salaries for graduates with a master’s degree, according to a report by the Center on Education and the Workforce at Georgetown University.
While students can enter the field with solely a bachelor’s in health care administration, graduates with a master’s often go on to work in management positions in hospitals and other medical facilities, and the average median salary for that career path is $84,300, according to the Bureau of Labor Statistics.