Why Should Nurses Earn a Dual MSN MBA degree?

Many nurses are not aware of how many career opportunities exist beyond obtaining RN licensure. For nurses already with a BSN, they may not have considered a dual MSN MBA degree option to help expand career opportunities. Earning the degree can be an excellent way for nurses to stand out and grow in their field.

Many nurses are employed in roles that include tasks outside the realm of bedside care. Experienced nurses take on leadership positions in their department or organization, often without the essential skills and knowledge needed to be successful. These jobs include not just the duties of a clinician, but also those of healthcare management and administration. That is what led schools like Messiah University to offer nurses the opportunity to advance their clinical practice and gain experience in the business leadership end of healthcare with a dual MSN MBA degree program.

Here are some reasons nurses find earning an MBA helpful to their careers.

Understanding the Management/Administration Side of Healthcare

Earning a dual MSN MBA degree equips nurses with the knowledge and skills that are practical for both the clinical and management sides of the healthcare industry. With a dual degree from Messiah, nurses gain business and leadership skills and learn how these skills apply directly to healthcare. Some of courses they will take include:

  • Business Strategy and Execution
  • Healthcare Informatics
  • Health Policy and Legal Aspects of Healthcare
  • Economics of Healthcare
  • Bioethics
  • Managerial Accounting and Finance

Nurses who earn a dual MSN MBA will also develop essential leadership skills, such as communication, innovation and strategic planning. Nurses who hone these skills will find themselves able to excel in leadership opportunities within their organization.

Increased Job Opportunities

Advanced knowledge skills, coupled with the right business skills, make nurses perfect candidates for moving into the leadership and management side of the healthcare industry. Armed with an in-depth understanding of how medical facilities operate, nurses can transition into various administrative roles. A dual MSN MBA program designed for working nurses teaches them those skills.

A nurse who earns a dual MSN MBA degree is prepared for senior management and even executive-level positions. Job titles they can pursue include, but are not limited to:

  • Nurse Manager
  • Nurse Administrator
  • Director of Nursing
  • Healthcare Administrator
  • Healthcare Consultant
  • Healthcare Manager
  • Program Director
  • Chief Nursing Officer
  • Chief Executive Officer
  • Chief Operations Officer
  • Chief Compliance Officer
  • Development Director
  • Director of Care Management

Healthcare Leaders are In Demand

The federal government expects the number of healthcare managers to grow at a much higher rate than nearly any other industry. The U.S. Bureau of Labor Statistics (BLS) projects a 32% increase in medical and health services managers by 2030. 

That translates to more than 139,600 new jobs by 2030.

Earning a dual MSN MBA degree from Messiah can be the step you need to enhance your career. For more information, look at our MSN MBA dual degree – Nursing Administration program page. If you still have questions about our program, contact our enrollment counselor at 717.778.4679. We are eager to help you take that next step to advance your career.

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