Advantages To Earning A Healthcare Management Degree
A healthcare management degree is a tremendously valuable foundation to base a future career upon. As healthcare technologies expand and worldwide economies recover, careers in healthcare are expected to be far ranging and stable. Obtaining a healthcare management degree online affords students the ability to maintain family or job responsibilities and further personal, educational, and professional goals. Most universities and colleges have developed innovative online curricula in response to the interest and demand of online students. Students who are introverted or shy may find online degree programs one of the best ways to attain their educational and career goals. Most online degree programs offer students nearly equal educational opportunities, instruction, and materials as traditional, on campus courses. Most online courses consist of classes of 25 students who receive online instruction, seminars, and participate in one on one conversations via live internet chat with instructors and other students. Additionally, most online degree programs offer an added flexibility of class scheduling in comparison to on campus courses.
What Students Learn Within An Online Healthcare Management Degree Program
Online students who participate in and complete healthcare management degree programs learn the legal, political, financial, and managerial skills necessary to efficiently to manage, organize, and operate a medical facility. Students who complete an online bachelor degree in a healthcare based degree program specialize in healthcare management. Graduates of an online healthcare administration program are generally qualified for entry level health administration positions upon earning a bachelor degree which instills leadership, planning, problem solving and organizational management skills. Courses generally include: health care delivery systems, finance for health care administration, health care law, human resources management in health care, budgeting, fund raising, scheduling, and information systems.
Most students advance to a master degree to obtain upper management healthcare administration jobs. Students specialize and expand educational and professional goals acquired at an undergraduate level with courses like: healthcare policy and law, marketing, organizational behavior, healthcare financing, human resources, economics, statistics, health and medical care, global health policy, international health policy and prospects, global health governance and management, issues in health policy, advanced health care payment systems, gender and health, comparative health systems, health system reform, ethical issues in healthcare management, and healthcare information technology for managers. Most online healthcare management degree programs at a master’s level require students to complete an internship, residency, or fellowship in order to obtain the skills necessary for a degree and future career.
Prospective Jobs For Graduates With A Healthcare Management Degree
The demand for professional health care workers, managers, and upper level executives is expected to increase significantly per reports from the U.S. Bureau of Statistics. The healthcare industry is one of the largest, fast growing occupational fields with a predicted 3.2 million new jobs expected to arise from 2008 through 2018. As healthcare technologies evolve and facilities expand to accommodate an elderly population, the healthcare industry is predicted to grow rapidly. Graduates of healthcare management programs may qualify for many employment opportunities dependent upon educational background, job experiences, personal preference, and career goals. Many graduates with a bachelor degree in healthcare management gain employment in health care technologies, database maintenance, direct care for patients and staff, human resource assistants, and healthcare IT. Graduates who obtain a master degree in healthcare management may find employment as upper level executives within consulting firms, private organizations, non profit organizations, governmental agencies, or medical facilities.
Salary Range For Graduates With A Healthcare Management Degree
Earnings for graduates of a healthcare management degree program vary and are largely dependent upon educational level, field of specialty, and work related experiences. Entry level, non-supervisory jobs generally yield higher salaries in comparison to other industries, with earnings for hospital workers expected to be higher than workers within nursing or residential health care facilities or workers within home care service businesses. Entry level healthcare support workers generally earn a median income of $30,000 annually. Graduates who successfully complete a master degree program earn generally higher salaries though earnings are affected by the size and type of employment organization. Median salaries for healthcare administrators range from $82,423 to $107,710 annually.
Career Outlook and Advancement Opportunities For Healthcare Management Degree Graduates
Students who obtain a healthcare management degree may expect better than average job prospects and employment opportunities. As the healthcare industry requires workers from all educational backgrounds with varying levels of experience to effectively function, graduates with a healthcare management degree may easily gain entry level employment, earn on the job experience, and work their way up to jobs with increased responsibilities and higher earnings. Many hospitals and health care facilities provide incentives and offer advancement opportunities to employees willing to continue education through seminars, courses, and training programs. Students with advanced degrees in healthcare management often find administrative jobs in private, non profit, or governmental healthcare facilities as marketing, project, supply chain, patient care, or operations managers. These professionals often continue education to work as professors within colleges or universities, or receive advancement opportunities in the form of certification programs to attract promotions, expand knowledge, and advance personal and career goals.