Is a Master’s in Healthcare Administration Worth It?

Is a master’s in healthcare administration worth it? Explore how you can enhance your career qualifications and earn your MSHA degree at GCU.
A large group of medical professionals stand in the hallway of a Hospital as they pose together for a portrait. They are each dressed professionally in scrubs and lab coats and some are wearing medical masks to protect them from airborne viruses.
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Read time 5 minutes
Published On Feb 16, 2024
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Indeed. (2023, March 10). Top 11 jobs for a master’s degree in health care administration. Retrieved Nov. 21, 2023.

COVID-19 has adversely affected the global economy and data from 2020 to 2022 may be atypical compared to prior years. Accordingly, data shown is effective September 2023, which can be found here: U.S. Bureau of Labor Statistics, Occupational Outlook Handbook, Medical and Health Service Managers, retrieved on Feb. 9, 2024.

The earnings referenced were reported by the U.S. Bureau of Labor Statistics (BLS), Medical and Health Service Managers as of May 2022, retrieved on Feb, 9 2024. Due to COVID-19, data from 2020 to 2022 may be atypical compared to prior years. BLS calculates the median using salaries of workers nationwide with varying levels of education and experience. It does not reflect the earnings of GCU graduates as Medical and Health Service Managers, nor does it reflect the earnings of workers in one city or region of the country or a typical entry-level salary. Median income is the statistical midpoint for the range of salaries in a specific occupation. It represents what you would earn if you were paid more money than half the workers in an occupation, and less than half the workers in an occupation. It may give you a basis to estimate what you might earn at some point if you enter this career. Grand Canyon University can make no guarantees on individual graduates’ salaries. Your employability will be determined by numerous factors over which GCU has no control, such as the employer the graduate chooses to apply to, the graduate’s experience level, individual characteristics, skills, etc. against a pool of candidates.

U.S. Bureau of Labor Statistics. (2023, Sept. 6). Medical and health services managers: work environments. Occupational Outlook Handbook. Retrieved Nov. 21, 2023

5 Healthcare Management Degree Guide. (n.d.). Top 20 jobs for health care managers. Retrieved Nov. 21, 2023.  

Indeed. (2023, March 3). 25 jobs you can do with an MHA. Retrieved Nov. 21, 2023. 

Approved by the associate dean of the College of Nursing and Health Care Professions on Jan. 29, 2024.

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