The sole purpose of this site is to guide you to the appropriate college or university to ensure successful and satisfying employment in healthcare management. Here you will find fact-based information to help prepare yourself for graduate studies and the worldwide workplace. In the interest of good value in higher education, you can also learn about financial aid for healthcare students in the form of grants, scholarships and low-interest loans.
A Master’s in Healthcare Administration (MHA) is considered an advanced college degree at the graduate level. Entry into a master’s program generally requires a minimum of a bachelor’s degree from a regionally accredited institution. Other entrance requirements for individual MHA programs will vary somewhat, but they often include prerequisite undergraduate courses in health sciences and some experience in the field through employment or internship. You may also be required to possess above-standard GPAs and/or other specific requisites.
A fulltime master’s degree program can take two to three years beyond a bachelor’s degree to complete; however, the career benefits can be well worth the time and tuition. MHAs can prepare you for high-paying positions in hospitals, clinics, nursing homes and other medical facilities. A master’s in Healthcare Administration is a highly-valued credential for policy makers, consultants and analysts, and MHAs can significantly improve your earning potential over the course of your career. Master’s degrees are also a prerequisite for entry into doctorate programs in health administration.
MHA programs offer a wide selection of career paths and many specialty areas of study. The degree options are not always easy to navigate, but here you will find accurate facts and reasoned information to lead you to the best Master’s in Healthcare Administration program for you. Explore dozens of campus-based universities as well as a number of accredited online MHA programs and hybrids. We provide rankings for top colleges and universities along with career resources and recommendations for the best schools in the healthcare field. You’ll also find lots of ways to lower your tuition costs and save money on your degree.
The type of MHA program you choose will affect your job outlook in every way. Healthcare management specialties encompass a variety of wide-ranging interests, from non-profit public health administration to financial management to hospital administration and beyond. Perhaps you envision a career in the private sector as a senior financial advisor, or maybe your passion is for sports healthcare administration. MHA degree programs can be combines with an interest in business administration, nutrition, bioengineering, law and ethics, information systems, human resources, mental health, nursing and many more.
Those who enter the management side of medicine are often compassionate and driven people who want to make a difference in the world. Healthcare administrators typically shoulder a great deal of responsibility for the smooth operation of medical facilities. Pay levels are generally commensurate with the high expectation of accountability. Highly-prized attributes for managers in healthcare settings would include communication and problem-solving abilities as well as technical, analytical and interpersonal skills.
Graduates of MHA programs can influence the state of healthcare in private medical clinics, research labs, busy urban hospitals and international regions around the globe. If your goal is to be a leader in healthcare management, a master’s degree can help you to find personal satisfaction as well as financial rewards in your chosen profession.
How To Find the Top Master’s In Healthcare Administration Degree Programs
All colleges that offer master’s in healthcare administration are not equal. It is wise to set a few benchmarks to narrow your search and find the best degree programs for you. The most important benchmark of all is accreditation, which is an official recognition that is awarded only to institutions with the highest standards of higher education. Accreditation is one of the paramount indicators of academic excellence.
To become accredited, a college or university must voluntarily apply to an official accrediting organization and submit to strict vetting processes. In the United States, official accrediting agencies carry the approval of the U. S. Department of Education (USDE), or the Council for Higher Education Accreditation (CHEA), or both. One such organization is The Commission on Accreditation of Healthcare Management Education (CAHME), which is authorized in the United States and Canada to accredit graduate programs in healthcare management.
You can be certain that every college and university on this website provides top-flight, graduate level degree programs because every school onsite is fully accredited.
Another good way to narrow your list of schools is to compare college rankings. College rankings can comprise hundreds of schools or just a select few, and they often include statistics on things like tuition costs, entry requirements, campus location, rates of student satisfaction and other important factors.
A number of highly-regarded organizations issue annual rankings for colleges and universities with systematic evaluations and side-by-side comparisons. Some of the top rankings for U.S. schools are available from the U.S. News College Rankings, Princeton Review, Forbes’ America’s Top Colleges and right here on Top Master’s In Healthcare Administration.
On this site you can access a number of well-researched and up-to-date rankings. The focus is on good value, outstanding academics and program flexibility. Rankings onsite are packaged in a concise format that makes it easy to compare tuition prices and degree options and learn about the unique features of each school. You’ll find brick-and-mortar institutions to explore as well as online MHA degree programs.
A lot of busy adult students are taking advantage of online courses in healthcare administration. Accreditation, affordability, flexibility and convenience are just some of the reasons to consider studying online.
Another helpful onsite ranking is a list of 20 affordable master’s degrees in healthcare administration. The grouping puts strict emphasis on just the best MHA degrees with the lowest tuition prices. Every one of the 20 colleges on the list costs less than $10,000 per year, and many are significantly less. What a great way to compare cheap degree programs and get the most out of your investment in graduate school! It is a must-read if you are looking to save on tuition costs.
You will also find onsite rankings for health management degrees in a global environment. Check out this ranking for 30 of Europe’s greatest universities to study healthcare administration. The list makes a well-informed comparison of European schools that is based on statistics and data from QS World Rankings, UNISTATS and other valued resources. Choose from 30 surprisingly affordable MHA programs in the United Kingdom, Netherlands, Switzerland, Denmark, Germany and more.
Careers and Salaries For Individuals With Master’s In Healthcare Administration Degrees
Master’s programs in healthcare administration can prepare you for a diverse range of careers across the globe. You can qualify for higher-grade positions in the healthcare industry or simply upgrade your earning potential. The U.S. Bureau of Labor Statistics sets the median annual wage for health services managers at $88,580; however, job location, certification and on-the-job experience can greatly improve your salary expectations.
A position in pharmaceutical and medical manufacturing, for example, pays on average $165,400 per year. Other high-paying jobs in healthcare administration include computer systems designer ($140,870), data specialist ($134,770), human resources manager ($122,040), and general operations manager ($132,610). Senior positions can pay as much as $400,000 or more per year.
Of course, actual salary ranges vary quite a lot depending on the type of facility you work in. For example, specialty hospitals across the U.S. pay a median wage of $114,060 annually; the typical pay range in substance abuse and psychiatry hospitals, however, is quite a bit less ($97,020). In two more examples of median average pay, healthcare managers in medical and diagnostic laboratories earn $108,540 and those who work in outpatient care centers make $97,290.
According to statistics published by the BLS, the greatest number of healthcare administration positions take place in medical and surgical hospitals. Other popular places of employment include physician’s offices, nursing facilities, medical and diagnostic laboratories, and outpatient care centers. A number of positions also exist in home healthcare services.
Geographic location is another factor that affects median pay rates for healthcare administrators. In the U.S., top-paying regions include the District of Columbia ($123,120), and the states of California ($118,040), New York ($118,020) and Delaware ($114,640).
Affording Your Degree
The price of a master’s degree does not come cheap, but you can apply for assistance to lessen the financial burden. College students who want to save money can tap into scholarships, grants, low-interest loans and other types of financial aid to trim the overall costs.
Some of the most obtainable types of financial aid come in the form of government grants, scholarships, work study programs and low-interest loans. The U.S. government alone provides more than $150 billion in student financial aid every year, and many U.S. states also offer aid for college-bound citizens. Student loans must be repaid with interest after graduation, while scholarships, grants and work study awards do not require repayment.
Eligibility for federal student aid is open to nearly all college students who were born in the United States or who meet certain non-resident status requirements. Find out if you are eligible by completing a Free Application for Federal Student Aid (FAFSA).
You may also find scholarships and grant money provided by your chosen college or from government agencies in the state where you live. Non-profit and private organizations also commonly offer scholarships and grants. Millions of dollars in scholarship money is designated each year for the benefit of healthcare administration students. Eligibility usually requires proof of enrollment in a healthcare degree program and other specific conditions.
Here is a list of 50 great scholarships for healthcare students that you can apply for.
Work study programs and paid internships in healthcare management are additional ways to earn income with no repayment necessary. The benefits include more than just cash for college. You will also accrue valuable work experience and forge industry connections to improve your employment outlook after graduation.
Here is a list of 50 Fortune 1000 companies with internships for you to explore onsite. To learn more, inquire about work study programs and paid internships from the admissions department at your chosen college.
All the resources you need to find top MHA degrees are right here on Top Master’s In Healthcare Administration. Start by assessing your goals and personal aspirations, then match your aims with the best master’s degree program in healthcare administration for you!