How an MHA Would Help Your Career
A Master of Healthcare Administration (MHA) is a graduate degree offered through universities and colleges. The possession of a master's degree can provide the foundation for advancement in the healthcare management field not available to those who only hold a bachelor's degree.
Other People Are Reading
-
Skills
-
The coursework required for an MHA provides in-depth knowledge and skills in areas such as healthcare law, policies and procedures, finances and human resources. Required internships or residencies may be included on a resume and will look attractive to employers.
Advancement
-
An MHA can be necessary for promotion. The American College of Healthcare Executives states that nearly all healthcare management jobs require a master's degree. A bachelor's degree is only sufficient for entry-level and lower-management jobs.
-
Earnings
-
The Bureau of Labor Statistics reports that in 2008 the median salary for managers in health services was $80,240. Entry-level managers earn significantly less, particularly those who work in smaller, specialty practices.
Growth and Stability
-
The healthcare industry will continue to grow far into the future, according to the Bureau of Labor Statistics. The demand for healthcare administrators is predicted to grow by 16 percent until at least 2018.
Choice of Settings
-
Managers with an MHA have the skills and education necessary to work in many medical settings, including hospitals, physicians' offices, private or government-run community centers, or for insurance companies.
-
References
- Photo Credit réflexion image by Emmanuel MARZIN from Fotolia.com
