Earning potential can vary widely depending on your career path. Pay will depend on your depth of experience, degree level earned, your state of employment and the specific roles and responsibilities in the position.

According to the Bureau of Labor Statistics (BLS)*:

• Nurse practitioners earn an average salary of $132,000 per year (BLS)
• Nursing instructors earn an average salary of $87,090 per year (BLS)
• Medical and health service managers (including “nurse administrators”) earn an average salary of $137,730 per year (BLS)

Earning an MSN can open several doors to take your nursing career to the next level.

You might choose to become a nurse practitioner. There are many types of nurse practitioners with unique specialties you can consider pursuing. Herzing University offers multiple concentrations for current RNs seeking the next step up to nurse practitioner. View all of our online nurse practitioner programs.

Career opportunities in nursing also exist in nursing leadership, administration and education. By earning an MSN in Nursing Education you may qualify to teach nursing in clinical and/or academic settings. An MSN in Nursing Leadership and Administration helps you develop the skills and knowledge needed to become a decision maker, potentially qualifying for roles as a manager, director or executive.

There are many paths to reaching upper-level roles in nursing, and we exist to help you become qualified for them.

Are you ready to take the next step in your nursing career?

Becoming a PMHNP begins with your education. As your lifelong partner in learning, we are here to help you every step of the way. Earn your MSN with Herzing University and your career advancement IS possible.

With Herzing University you are never alone. It’s our goal to provide all students an affordable, career-driven education. Financial aid options include:

• Loan options – Federal & private
• Scholarships & grants
• VA / military benefits
• Other sources of financial aid

You can find an estimate for tuition and expenses by using the Herzing University tuition wizard.

Yes!

The National Center for Health Workforce Analysis estimates the demand for psychiatric nurse practitioners will rise 18% from 2016-2030.

In regard to all nurse practitioners, the Bureau of Labor Statistics projects a 40% increase in employment from 2024-2034, much faster than the average across all U.S. occupations.*

Both of those common types of nurse practitioner specialties are highly rewarding and represent a big step forward for a registered nurse looking to advance their career.

• Choose Psychiatric-Mental Health Nurse Practitioner (PMHNP) if…you want to be a true psychiatric/mental health specialist, and enjoy giving a voice to patients who are too often misunderstood. An excellent pathway for nurses who have gained practical experience behavioral health or worked in a community mental health facility and want to continue in the psychiatric field.
• Choose Family Nurse Practitioner (FNP) if…you want to specialize in the broader field of family practice across the lifespan and prefer a hands-on approach to patient care. You may pursue many different specialties in neonatal (NICU), pediatric or geriatric care. As an FNP you’ll have a strong educational foundation to pursue your unique career path in family practice. Learn more about the Herzing University MSN – Family Nurse Practitioner program.

Learn more about the biggest differences between FNP vs. PMHNP.

There is a significant difference between being a medical/surgical nurse and a psychiatric nurse. General nursing in a medical or surgical role is based primarily on physical illness, while psychiatric nursing is based on mental illness. As a psychiatric-mental health nurse practitioner, your role will be much more verbal than hands-on.

Daily tasks include new patient evaluations and follow-up appointments, reviewing patient charts and lab results, monitoring and documenting medication, adjusting patient care strategies, responding promptly to patient questions and concerns, and working with additional healthcare staff to deliver the best possible psychiatric care.

A PMHNP is a type of Advanced Practice Registered Nurse (APRN) who holds expertise in behavioral health and wellness. Their role is to assess, diagnose and treat patients exhibiting psychiatric or addictive disorders. A PMHNP’s job description and scope of practice can include:

• Provide psychological counseling (psychotherapy)
• Prescribe medication and monitor its effects
• Collaborate with additional health professionals: doctors/physicians, nurses, administrators and other healthcare staff
• Conduct research to improve the delivery of mental healthcare
• Educate and consult nurses and other mental health professionals
• Order and interpret diagnostic tests

Whole health begins with mental health—including all ages and demographics across the lifespan. As a nurse practitioner within the mental health specialty, you will have the opportunity to continue your education and focus your experience in many different types of care, including pediatric, geriatric/adult, women’s health, public health and much more.

Where do they work? PMHNPs may work in many different healthcare environments, including hospitals, private practices, mental health centers, primary care offices or governmental institutions.