By the numbers: MBA in Healthcare Administration salary information
Earning an MBA in healthcare administration prepares one for promising, lucrative work combining two of the nation's strongest industries: business and healthcare.
MBA healthcare administration salary and employment outlook
According to the U.S. Bureau of Labor Statistics (BLS), healthcare is one of the largest and most in-demand industries in the nation, while business is one of the most profitable. Becoming a healthcare administrator provides the best of both worlds. According to the BLS, positions among medical and health services managers are projected to grow by 16 percent between 2008 and 2018. The potential MBA healthcare administration salary is equally impressive: healthcare administrators earned a mean annual salary of $103,680 in 2014.
Where you choose to work can also impact your MBA in healthcare administration salary potential. Here are the top paying states for this profession, according to the BLS, and their 2014 salaries:
- District of Columbia: $131,160
- California: $122,410
- New York: $121,930
- Connecticut: $117,680
- New Jersey: $115,370
How to improve your MBA healthcare administration salary
The BLS notes that health services managers with MBAs in healthcare administration can choose to take an exam to earn certification as a Registered Health Information Administrator from the American Health Information Management Association.
Note that education attainment can also impact earnings. While some employers will hire health services managers with bachelor's degrees, they increasingly prefer those with graduate degrees. As such, MBA in healthcare administration salary and advancement potential can far outpace those of lesser credentials.
Source:
http://www.bls.gov/oes/current/oes119111.htm
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- Delivered through Tempo Learning® by Walden, our custom-paced program for working professionals allows you to move through your studies by completing a series of competencies on your own schedule.
- Our fully online Master of Healthcare Administration (MHA) degree program can put you at the forefront of the field and help you improve the experiences of healthcare providers as well as patients.
- You can accomplish your academic goals at your pace, with individualized help from faculty and academic coaches when you need it.
- Your prior experience may help you earn your degree more quickly as you demonstrate what you already know through competency assessments—which can save you time and money.
- Walden’s online MHA program is designed to create visionary leaders who can respond to the needs of their communities while optimizing organizational performance and outcomes.
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- Northcentral University was founded in 1996 to provide working professionals around the world with unprecedented access to richly engaging, professionally relevant, and academically-rigorous education from a U.S. university.
- As a regionally accredited, private, online and graduate-focused university, NCU offers doctoral, master’s and bachelor’s degrees in business, technology management, education, and psychology, as well as doctoral and master’s degrees in marriage and family therapy.
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The University of Scranton has grounded its education in Catholic and Jesuit principles based on intellectual growth and integrity, all of which shape the online master’s and certificate programs. You can choose one of five degree programs from a selective institution ranked among the top 10 master’s universities in the North by U.S. News & World Report.
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- Earn your Master of Public Health Online from GW in 12 months.
- GRE waivers available for qualified applicants.
- Advance your career in a range of industries, including epidemiology, public health and biostatistics.
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- Ranked #20 in the Top Public Schools in 2015 by U.S. News & World Report.
- Ranked among the Top 50 Schools for Entrepreneurship Programs in 2014 by The Princeton Review.
- Ranked among America’s Top Colleges in 2013 by Forbes.
- Offers over 90 undergraduate majors across 10 colleges, with numerous programs ranked among the top programs by U.S. News & World Report.
- Has famous alumni such as Sergey Brin the co-founder of Google, Kevin Blank the Founder of Under Armour Athletic Gear, and more.
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George Mason University is Virginia's largest public research university. Located near Washington, D.C., Mason enrolls more than 33,000 students from 130 countries and all 50 states. Mason has grown rapidly over the past half-century and is recognized for its innovation and entrepreneurship, remarkable diversity, and commitment to accessibility. George Mason University is an innovative and inclusive academic community committed to creating a more just, free, and prosperous world.
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- For nearly a century, CIU has provided an enriching Christ-centered education
- CIU is SACSCC and ABHE accredited to ensure students’ academic & spiritual growth
- Students receive one-on-one attention from talented & experienced professors
- 497 undergrads with an avg. class size of 20, for strong educational experiences
- Many students receive financial aid if they are eligible
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- Ranked among the Best National Universities in 2015 by U.S. News & World Report.
- Designated as a 2014 Military Friendly School by Victory Media.
- Houses one of the largest library systems in the Pacific Northwest, with 3 libraries on the Pullman campus and a library at each regional campus.
- Accredited by the Northwest Commission on Colleges and Universities (NWCCU).
- Has 5 Washington campuses in Pullman, Spokane, Tri-Cities, Vancouver, and Everett.
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