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Choosing a Management Degree: Medical Management or MBA?

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Overall, management degrees are projected to be some of the best positions available for students entering the workforce over the next eight years. According to the Bureau of Labor Statistics (BLS), he will create more than 900,000 managerial positions between 2020 and 2030.

Azusa Pacific University offers several graduate-level management degree options to choose from. This includes an online Master of Business Administration (MBA) program and a new Master of Science (MS) in Healthcare Administration.

Which program best suits your skills, interests, and career goals? Here’s some help deciding.

What Can I Do With a Medical Administration Degree?

Healthcare management is booming, and a master’s degree in healthcare management can set you apart in a growing industry. According to the BLS, medical and health services management jobs are expected to grow 32% from 2020 to 2030, a much faster pace than the 8% average for all occupations. This is an additional 139,600 jobs.

Some entry-level positions are only available with a bachelor’s degree. However, a master’s degree increases your chances of landing a high-paying job right out of school. They are also more likely to land in more competitive positions early in their careers, such as hospital administrators or directors of medical staff.

At APU, you can choose one of three specializations:

  • Financial management in the healthcare system
  • global health
  • Healthcare quality and innovation

No previous medical experience is required to participate in the program. You can complete coursework in both APU’s nationally ranked Nursing and Business Administration departments and tailor your coursework to your areas of greatest interest.

What can you do with an MBA?

Considered the gold standard when it comes to graduate studies in business administration, a Master of Business Administration degree is another sound way to invest in your future. Students who complete MBA programs typically graduate with advanced thinking, problem-solving, and communication skills. Additionally, the connections you make during the program will help you land your first job and strengthen your professional network as your career grows.

An MBA degree can open you up to many positions and positions, such as:

  • marketing manager
  • business operations manager
  • investment fund manager
  • Director of Leadership Development
  • business consultant
  • product management director
  • chief technology officer
  • Various leadership roles in ministries or non-profit sectors

APU’s new online MBA degree offers flexible and customized learning for students seeking advanced knowledge and business skills. The program offers a range of “micro-credentials” (internationally recognized badges or certificates) aligned with your career goals and interests, using a series of courses designed to help you graduate in as little as 12 months. We provide the opportunity to include MBA micro-credentials offered at APU include Formstack, Tableau, Python, Excel, Intercultural Competence and more.

Is a Healthcare Management Degree or MBA Right for You?

Both management degrees offer unique advantages. One program may be more suitable than another, depending on your area of ​​interest and your ideal daily schedule.

A Master’s Degree in Healthcare Administration may be for you if:

  • You definitely want to work in the medical field.
  • I have no experience in healthcare, but would like to get one.
  • You are seeking a marketable degree in a fast-growing industry.
  • I would like an interdisciplinary degree covering multiple fields of study.

On the other hand, a master’s degree in business administration is suitable if:

  • We want some flexibility in terms of the industries and fields in which we can work after graduation.
  • You’re passionate about your business, but aren’t sure where you want to apply your skills (or are open to other possibilities).
  • We need to be more flexible with current availability and living conditions.
  • You like the idea of ​​short semesters (APU’s MBA program semesters are 8 weeks each) and graduating in just 12 months.
  • I have a desire to one day start or lead my own company.

Whichever path you choose, APU will support you throughout your journey, including helping you make this decision. For details on all available graduate programs, please visit the APU Graduate and Professional Admissions page.