View 2 slides

Is Earning a Master’s in Healthcare Administration Worth Its Cost?

Going back to school to earn a master’s degree in healthcare administration is costly in terms of time and money. But do the benefits outweigh the costs? Well, considering jobs in the healthcare field are expected to grow by 15% in the next decade — exceeding the growth projections for jobs in every career — it is certainly worth considering.

As a healthcare administrator, you would be responsible for a variety of tasks that ensure the smooth operation of a hospital or clinic. Here are just a few aspects you would manage:

• Budgets and finance
• Quality control
• Human resource
• Healthcare Policy
• Regulatory compliance
• Training and development
• Emergency planning
• Vendor communications

Since your responsibilities would encompass so many different tasks, you would need an education that is well-balanced. This is where a Master of Health Administration (MHA), which addresses all of these aspects, comes into play. You can opt for the traditional route or learn online. Many universities also offer part-time programs, which allow students the flexibility to continue working while earning their degree.