Three Reasons to Take Advantage of A Dual MSN MBA Degree Today
In the rapidly changing world of healthcare there continues to be a great demand for leadership and nursing roles in diverse settings.
If you’re interested in adding business and leadership to your nursing skill sets, then the Master of Science in Nursing (MSN) and Master of Business Administration (MBA) dual degree– Nursing Administration from Messiah University is an excellent choice.
This dual degree program provides the flexibility of 100% online coursework while you continue to work in your current nursing career.
The profound impact a dual MSN MBA degree can have on your professional life includes: increasing career opportunities, mastering the business aspect of healthcare, and transforming yourself into a thought-leader.
1. Increase Your Future Career Opportunities
A dual MSN MBA degree prepares nurses with the nursing administration credentials while also giving them a credential of an MBA. This added business aspect increases future career opportunities, especially to employers who value business knowledge in a manager or leader.
Examples of career roles you can pursue with a MSN MBA degree:
- Chief nursing officer
- Advanced nurse administrator
- Director of nursing practice
- Nurse manager
Career settings can vary as well, such as corporate based, pharmaceutical, or long-term care. Opportunities are endless with a dual MSN MBA degree—you may even pursue running your own business.
According to the U.S. Bureau of Labor Statistics, employment for Medical and Health Service Managers is estimated to grow 32% from 2019-2029. This is much faster than average.
Not only will you be able to take advantage of future career opportunities, but you will better understand the business aspects of healthcare.
2. Master the Business Side of Healthcare
Kim Fenstermacher is the Assistant Dean of Nursing and Associate Professor of Nursing at Messiah University. She points out the advantages of nurses learning about business in the healthcare industry.
“The beauty of having this program is we all know that you can’t deliver healthcare without money,” Fenstermacher said. “Nursing school doesn’t teach you to manage a spreadsheet or a budget or about ROI.”
In addition to the leadership and business courses found in the MSN program, the MBA program further informs you of the business side of healthcare leadership.
Business courses include:
- Managerial Accounting and Finance
- Innovation and Entrepreneurship
- Global Business & Economic Development
- Marketing Strategy
Fenstermacher is also a strong advocate for bringing nurses into healthcare business decision-making. A dual MSN MBA degree can bring more nurses to the table—in order to deliver better patient care and better outcomes.
“This is a great opportunity to become a nurse leader, and we desperately need nurse leaders as stakeholders at the table,” Fenstermacher said. “When hospitals are making decisions (even if it’s about what supplies they should buy) they need a nurse at the table.”
3. Become a Thought Leader in Your Organization
A thought leader is an individual who people turn to when they seek innovation, unique guidance, and making a difference in an organization.
Because Messiah University’s classes are intentionally kept small, including the MSN MBA dual degree online courses, you’ll have many opportunities to directly network with professors and peers in the healthcare industry.
Networking leads to more knowledge as you’ll gain different perspectives of a vast array of business and leadership topics.
Thanks to Messiah’s dual MSN MBA degree program you’ll be on your way to becoming a thought leader in the healthcare industry, specifically in the organization you work in and the community you are part of.
The MSN MBA Dual Degree from Messiah Transforms You
Choosing to continue your education as an adult is not a decision to be taken lightly. However, with an education from Messiah University, you can be confident in your choices!
Be transformed into a nurse leader who understands the complex business aspects of healthcare—all with the support from caring professors.
“[The Faculty] will go the extra mile to come alongside adult students and help their dreams come true,” Fenstermacher said. “We view ourselves as partners with our grad students…We want to challenge you, but we want you to succeed.”
If earning an MSN MBA dual degree sounds like it can help you reach your leadership potential in your career goals, then check out the MSN MBA dual degree overview page from Messiah University.
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