The path to a master’s degree takes time and dedication. It can be challenging for nurses already working full-time, juggling family and career responsibilities, and balancing life with studying.
The rewards of completing an MSN can make it all worth it. Here are reasons why an MSN in nursing administration is worth it:
Advance Your Career
The skills nurses learn in an MSN program allow them to take on leadership roles and manage other nursing professionals. These leadership positions are a great way to increase your salary in the healthcare industry.
The MSN program will teach you how to think and act strategically, participate in policy decisions, and guide organizations through change. Additionally, the program will help you build your professional network, which can lead to more career opportunities.
This career advancement opportunity comes when the healthcare industry needs leaders to organize and direct information and staff. The Bureau of Labor Statistics reports that jobs in healthcare management are expected to grow by 18% through 2028. This means a growing demand for nurses with an MSN in nursing administration.
Boost Your Salary
A master’s degree at Lamar University opens the door to more nursing career opportunities. It also gives you the foundation for a future as an advanced practice nurse, such as a nurse practitioner or nurse-midwife, the highest-paid nurse role.
As demand for healthcare services increases and rates of chronic health conditions persist, more nurses seek higher-level administrative positions. In addition to boosting your earning potential, a graduate degree in nursing and healthcare systems leadership helps you stand out among the competition for management roles.
Become a Leader
Whether you want to become a nursing leader, a manager, or even the executive of your healthcare facility, an MSN in nursing administration can help you reach your goals. It teaches you to think strategically, participate in policy decisions, and lead others toward healthcare transformation and improvement.
According to the Bureau of Labor Statistics, jobs for medical and health services managers are expected to increase by 32% by 2029. The higher pay offered by this career path is also an attractive incentive to nurses who set their sights on stepping up to leadership roles.
Gain a Better Work-Life Balance
While it may seem like nursing and life outside of work are worlds apart, nurses know these two realms can be interconnected. To achieve a better work-life balance, it’s important to prioritize personal goals and set aside time for your loved ones.
Getting an MSN can help you make that happen. In addition to completing a rigorous master’s degree program, many MSN programs offer clinical sessions that allow you to work hands-on with real patients under the guidance of experienced instructors.
Suppose you aren’t interested in the business side of healthcare or don’t enjoy the challenges of managing staffing, budgets, and strategic goals. In that case, an administration career path might not be right for you. Explore your options and find an MSN program that offers flexibility to fit your schedule.
Make a Difference
For those who want to work in healthcare leadership, an MSN in nursing administration is worth the investment. These highly coveted positions can pay significantly more than other nursing roles. Nurse managers can find employment in various healthcare settings, from hospitals to doctor’s offices and specialty clinics.
Moreover, an MSN degree can help nurses make a difference in the lives of those they serve in many ways. This can include providing patients with better care, educating students in nursing and healthcare, and addressing various healthcare concerns and challenges, such as the aging population or shortage of nurses. If you’re interested in taking your career in nursing a step further, an online MSN degree can also prepare you to become a nurse practitioner.
