Do you have a knack for business but at the same time possess a desire to help people? If so, then this is the degree for you: a master’s in business administration, with a focus on healthcare. Contrary to popular belief, both the medical and business fields share a lot of commonalities and even intertwine. This blending of sorts has resulted in a need for business professionals in the medical management degree.
Take a few minutes as we look at how love for business and medicine can turn into the perfect career for you. We will look at the career opportunities for taking your MBA into the medical world and then, we will look at how to enroll in the perfect healthcare MBA program.
MBA’s are no longer just for future entrepreneurs, but also for those in the medical field as well. In fact, several doctors, or MD graduates, are even choosing to continue their education by enrolling in a healthcare MBA program. As the healthcare industry is changing, so is the need for practical business knowledge, and that is where an MBA fits in.
On the other side, there is also a need for professionals to enter into the healthcare field with a specialized MBA degree. There are many roles that you can expect to field after graduation (Medical Business Management Degree). Here are a few examples:
- Healthcare Executive: Also known as healthcare managers, these professionals oversee entire departments and make sure that everything is running up to par. They look into finances and analytics to see where and how they can improve in certain areas.
- Budget Analyst: Another possible role is that of an analyst. Here you will oversee incoming and outgoing costs and change the budget, when necessary, to produce the best amount of profit for your facility.
- Human Resources Specialist: While working in HR, you will help create a positive work environment as well as manage any incidents that could happen. Provider/patient care will also be an area of focus.
These are just a few of the different careers available to those who have a healthcare MBA. For more career opportunities, feel free to click here.
The Perfect Program
After choosing to earn a master’s in business administration, with a focus on healthcare, the next step is to decide which program is best for you. There are several great options to choose from. You could choose to earn a graduate certificate in health care quality, health sciences, integrative medicine, and many others. Schools like the George Washington University School of Business, are specifically designed to help you reach all of your career goals.
By continuing your education, learning and growing as much as you can, and striving to succeed, you will be able to advance your career in ways you never thought possible. When you choose to earn a healthcare-oriented MBA, you are setting yourself up for a rewarding career. The opportunities are limitless, so what are you waiting for? Your future is calling, are you ready?