The Benefits of Getting a Dual Degree

The Benefits of Getting a Dual Degree

MBa Dual Degree

The Master of Science in Nursing (MSN) combined with an MBA at PennWest California enables working nurse professionals to gain a broad perspective on the business issues critical to medical settings.   

The MSN-MBA dual degree program is a 100% online professional graduate degree program that can be completed in 2½ years or less. You’ll be equipped to move ahead on a strong career pathway in our complex healthcare environment.    

The MBA portion of this online dual degree program provides nurse leaders with business knowledge to support a wide range of positions, such as chief nurse officer or healthcare administrator, and to prepare for healthcare-related entrepreneurial ventures. The MSN-MBA dual degree program was developed for working nurse professionals to examine the latest business issues relevant to healthcare and medical settings, and also to gain the highly desired MBA credential. MSN-MBA courses include:

  • Financial Management in Nonprofit Healthcare Organizations.
  • Information Systems for Nurses in Healthcare Organizations.
  • Corporate Finance.
  • Nursing Organization and Leadership Theory.

The master’s degree program in nursing at PennWest California is accredited by the Commission on Collegiate Nursing Education. This is your assurance of a high-quality program that meets professional nursing standards.

Earning your MSN-MBA dual degree 100% online is both convenient and affordable.

Career Advancement

The nursing industry is full of unique opportunities, and nurses who hold both a Master of Science in Nursing and a Master of Business Administration are positioned to take advantage of many of them. Combining the MSN and MBA degrees allows nurses to pursue many options: continue in the nursing profession, advance into managerial roles, seek a position with a government agency, or start working in an executive capacity within a clinic or a larger hospital. Together, patient care and business management skills present a vast number of opportunities for today’s nurses.

According to the Occupational Outlook Handbook, employment of medical and health services managers and healthcare executives is projected to grow 20% through 2026, much faster than the average for all occupations. As the large baby boom population ages and people remain active later in life, there should be increased demand for healthcare services. The median annual wage for medical and health services managers was $96,540 in May 2016.

The key to upward advancement in the nursing profession is to continue pursuing further education that focuses on advanced treatment options while effectively meeting patients’ needs and organizational objectives.

If you’re a nurse who thrives in clinical environments and wants to continue caring for patients every day, the MSN-MBA dual degree is your choice. As a PennWest California graduate in this dual degree program, you’ll be more efficient, more effective and primed to lead a department when a managerial job opens up. This path is pursued by many nurses who want to enhance their career prospects and their long-term versatility.

PennWest California's MSN-MBA dual degree program enables nurse leaders to develop skills in business, leadership and more, so they can thrive in today's complex healthcare environment. Students from across the nation and around the world can complete this dual degree program to enhance future career options. A sampling of employers in Pennsylvania and beyond who hire PennWest California graduates includes:

  • Allegheny Health Network (AHN) hospitals.
  • University of Pittsburgh Medical Center (UPMC) hospitals.
  • Children's Hospital of Pittsburgh (UPMC).
  • Magee-Women’s Hospital of UPMC.
  • West Virginia University.
  • Veterans’ Health Administration (VHA) hospitals.
  • S. Navy, U.S. Army.

Growing Opportunities

According to www.bestmasterofscienceinnursing.com, job opportunities for those who earn an MSN and an MBA range from managerial roles and executive posts to public sector jobs, all of which could change the future of healthcare. 

A common pathway for MSN-MBA graduates is to move into a nursing management role. Many nurses eventually become the head of their department or the lead nurse within a clinic, which gives them the ability to focus on employee hiring and training, oversight of patient care, and more efficient means of care delivery. Nurses in these managerial positions will often continue to meet with patients and deliver care, and many consider this to be the best of both worlds when it comes to using their skill set. 

Nursing is big business for big hospitals, and nurses who wish to transition into a more business-oriented role could find themselves working in an executive capacity within a larger healthcare organization. In an executive role, professionals with an MSN and MBA would establish rules and procedures for fellow nurses, create a system of logical organization for various nursing departments and healthcare needs, and focus on both the regulatory and financial issues of the hospital’s nursing staff.

These nurses are also instrumental in developing new healthcare options into today’s changing world. 

The MSN-MBA training is especially relevant to work in the public sector. Many MSN-MBA nurse graduates choose advocacy work, either in healthcare policy jobs or advisory positions, working with elected leaders to create new policies that make life easier for nurses and their patients. Whether it’s cutting through red tape, championing reforms in the workplace, or offering ways to increase the efficiency of care delivery and funding, nurses in this position are a key asset to state and federal government agencies.

Gain exceptional advantages by earning your dual degree at PennWest California. Apply now! 

 

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