The idea of earning a MBA degree is often overlooked by nursing students – but it can be a very valuable way for a nurse to advance in their profession.
Understanding the motivations behind financial decisions made by hospital CEO’s and CFO’s is crucial to getting a seat at the table in the decision-making process. Working towards a master’s degree in business administration can put you in a position to advance professionally on the business side of healthcare. Learn more about why nurses should consider getting an MBA.
However, hospitals looking for a Chief Nursing Officer (CNO) or Certified Nurse Educator (CNE) will most often prefer candidates with an MSN in Nursing Leadership. They will certainly consider a RN with an MBA, but the Master’s of Science Degree in Nursing is the top-tier credential most employers will be looking for.
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* Bureau of Labor Statistics (BLS), U.S. Department of Labor, Occupational Employment and Wage Statistics 2022 / Occupational Outlook Handbook 2022. BLS estimates do not represent entry-level wages and/or salaries. Multiple factors, including prior experience, age, geography market in which you want to work and degree field, will affect career outcomes and earnings. Herzing neither represents that its graduates will earn the average salaries calculated by BLS for a particular job nor guarantees that graduation from its program will result in a job, promotion, salary increase or other career growth.