Getting an advanced degree is a lot of work, especially if you can’t afford to put your job on hold as you pursue higher education. Many people have successful medical administration careers with just a bachelor’s degree, so why should you get a masters degree in health administration (MHA)? Here are the top seven reasons:
By far, the higher salary you’ll receive with an advanced degree is the motivating factor for many people to get their MHA. You won’t jump from a $50,000 salary to a $100,000 salary the moment you graduate (in most cases – it is possible!), but the potential to reach higher salaries is there. You’ll find that you’ll be offered better jobs, promotions, and more salary raises when you have something more to offer to your employer.
No matter what your industry, when there’s no room for growth in your career, it is easy to stall and feel unhappy going to work every day. When you get your MHA, a whole new world of jobs opens to you, and the sky really is the limit. Depending on how you choose to specialize your MHA degree, you could find yourself working in anything from health education to gerontology. In the medical world, your job can be very fulfilling, especially as you advance up the corporate ladder.
It might seem like there’s no need to worry about job opportunities in the medical world. While it might be true that there are higher rates of job openings in this field, that doesn’t necessarily mean that there are jobs available where you want to live. Some people will happily move anywhere in the world for the right job, but if you have a family or ties to certain areas, you might have a very limited number of places where you can apply. Getting your MHA means that you’ll have more openings where you want to live.
To go along with the above point, having an MHA makes your resume stronger. The job market is highly competitive, and even when there are tons of openings, you’ll still be in competition with at least a few other people for every job to which you apply. When you have an MHA and other candidates don’t, that’s a reason for human resources to move your resume to the top of the pile. Without an MHA, you might be able to find a job, but with an MHA, you’ll be able to pick the position you want most, rather than just taking the only one you’ve been offered.
Stressful jobs aren’t for everyone, but if you love the fast-paced world of medicine, this is a great way to get a job with more responsibility, even if you aren’t pursuing a career in surgery. You’ll get to make vital decisions in your position, affecting the lives of patients and other employees, and that can make any job extremely attractive.
Along with salary, when you have an MHA, you’ll be qualified for jobs with better benefits. Paid vacation and sick days, insurance, retirement funds, and more all make up your benefits package. At a lower level, you might actually work an hourly job with little to no benefits, where in a higher position, you and your family can reap tons of extra benefits.
Lastly, getting an MHA is simply a good idea for those who want to learn new things. With these types of degree programs, you’ll learn about new technology in the medical world, as well as learn advanced management skills. Even if you take a position that doesn’t necessarily require an MHA, being open to learning new skills makes you a more well-rounded person overall.
To become a health administrator or manager, a master's degree is usually required. Some of the most popular types of health degrees include the Master of Health Administration (MHA), the Master of Public Health (MPH), and the MBA in healthcare management. Below is a carefully compiled list of accredited institutions offering such programs to help you meet your career goals.