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Why Study Healthcare Management?

In the last year and a half, the world has changed dramatically. As a result, professionals may be exploring new opportunities for graduate education and advancing their careers in the healthcare industry. Healthcare is a rapidly growing field, creating opportunities for stable careers with impact.

Aug 14, 2021
  • Education
Why Study Healthcare Management?

Why get a master's degree in health administration?

Students who graduate with a master’s degree in health administration will enter a field that’s growing rapidly. According to the Bureau of Labor Statistics (BLS), jobs for Medical and Health Services Managers are expected to grow at least 32 percent in the next decade. Graduates with this degree will be prepared to take on the challenges of the healthcare industry and facilitate real change, as well as help patients navigate the ever-changing healthcare landscape.

In addition to a fulfilling career, as of 2020, Medical and Health Services Managers can expect to enter a job market with a median salary of $104,280 per year.

Health administration career paths

For those thinking about attending graduate school for a degree in healthcare management, these degrees will open doors after graduation. Job opportunities are available, not only in hospitals, but also in government, insurance, health information systems, and pharmaceutical companies and organizations. If you prefer to work with patients and individuals navigating the healthcare system, you can also find opportunities in mental healthcare, long-term patient care, veteran health administration, and home healthcare.

NYU’s Robert F. Wagner Graduate School of Public Service

If you are ready to pursue a comprehensive, community-focused education that will prepare you for the rigors of working in healthcare, NYU’s Robert F. Wagner Graduate School of Public Service could be the school for you. U.S. News & World Report ranks NYU Wagner #2 in Health Policy and Management among schools of public affairs.

NYU Wagner’s Master of Health Administration is a part-time and online degree program designed for working healthcare professionals. Students learn from NYU faculty with hands-on experience as top managers at the most prestigious hospitals and healthcare systems in the country, advisers and consultants on major US healthcare initiatives, and researchers, hailing from the insurance, finance, human resources, entrepreneurship, and venture capital fields.

Benefits of a graduate degree in healthcare management

Earning a master’s degree in health administration has many benefits, but there are some unique to NYU Wagner. For students in the Online MHA program, the curriculum has been carefully crafted to ensure they’re fostering and creating the same network one would receive with in-person learning. On average, students can expect class sizes of about 15, meaning there will be plenty of chances to connect with their classmates and professors. In addition, NYU Wagner professors have direct experience in the healthcare industry and are motivated to help students succeed.

Graduates of the Online MHA program earn a degree from a top-ranked school, and are connected to more than 12,000 NYU Wagner alumni around the globe, including top executives and senior leaders at healthcare organizations across the country -- organizations likely to be seeking healthcare management professionals now and in the future.

Master of Health Administration curriculum

Online MHA students will find challenging, rigorous coursework, focused specifically on the US healthcare system, that will prepare them for the healthcare sector. The courses are applicable and practical, setting them apart from the competition. At the in-person immersion in the second term, students learn skills they can immediately apply to their careers in healthcare, and build upon after they graduate.

NYU Wagner alumni work in myriad jobs across the healthcare sector. From major hospitals and healthcare systems and nonprofit organizations to medical consulting and pharmaceutical companies, NYU Wagner alumni are taking their education to the next level, and applying their skills in ways that are worthwhile to their careers, and communities.

Online MHA student Monica Moscoso, who works at NewYork-Presbyterian Hospital, says she’s “not only learning about hospital administration, I’m learning about the different components of strategically planning my next career steps.”

Another student, Natalie Rowland, adds, “This program has helped me narrow my focus and figure out where I want to go next.”

If you are ready to take the next step in your healthcare career, NYU Wagner can provide the tools and networks to help you succeed. Learn more about NYU Wagner’s Online Master of Health Administration program.

Article written in association with NYU Wagner.

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Chelsea Castonguay

Author

Chelsea is a Student Affairs expatriate, who now works as a freelance writer and editor. She homesteads in a small town in rural Maine, USA. She enjoys hiking, fishing, cooking, reading, all things Laura Ingalls Wilder, spending time with her family, and chasing her black lab puppy, Cash.

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