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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- Liberty University provides a worldclass education from a christ-centered worldview
- 100% online programs at associate, bachelor’s, master’s, and doctoral levels
- No standardized testing if student meets admission requirements
- Accredited by the Southern Association of Colleges and Schools Commission on Colleges
- 95% of Liberty University students receive some form of financial aid
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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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- An online education institution dedicated to the study of Business Administration and Management.
- Provides guidance and support for each student from their first course to graduation and beyond through its Academic Mentoring program.
- Accepts transfer credits from accredited colleges and universities based on a course-by-course evaluation.
- Offers flexible payment plans designed to help students find the best options for their specific needs including scholarships, fellowships, and employer-sponsored tuition.
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- Ranked among the 2015 Best National Universities by U.S. News & World Report.
- Designated as a Military Friendly School every year since 2012 by Victory Media.
- Offers credit for prior learning and experience through assessment tests.
- Provides a short term Leadership Certification program in partnership with EQUIP®.
- Accredited by the Higher Learning Commission (HLC) of the North Central Association (NCA).
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- Flexible Scheduling
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Saint Joseph’s University is a comprehensive, regionally accredited university. Our national rankings and AACSB accreditation in the Haub School indicate the high quality of our undergraduate, graduate, and executive programs both online and on campus.
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IWU's online degree programs are completely online, eliminating the commute and classroom lectures from your day. Because you decide when to study, in most cases you are free to complete the 12 to 15 hours course commitment per week at your own pace and in the learning style that is best for you.
Where Is Indiana Wesleyan University?
Indiana Wesleyan University is located in Marion, Indiana. As an online student attending Indiana Wesleyan University Online, you may or may not have to visit Indiana Wesleyan University’s campus.
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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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Utica College, founded in 1946, is a comprehensive private institution located in upstate central New York. The College offers regionally accredited online certificates, bachelors, masters, and doctoral degrees in healthcare, cybersecurity, financial crime, nursing, physical therapy, business, criminal justice, and data science. All courses are taught by credentialed, highly experienced faculty with significant and ongoing accomplishments in their respective fields.
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