MSN-MBA Dual Degree
Explore the Business of Healthcare as an MSN-MBA Program Graduate
Below are two reasons why earning an MSN-MBA dual degree from GCU is right for you:
- Take most classes online1
To help you have time around your busy schedule, most courses in this nursing MBA program are online so you can finish your coursework when it’s right for you. Clinical, practicum and immersion hours are completed locally. - Add your transfer credits
Based on your previous business degree background, you could transfer additional credits to graduate even faster.
What Is an MSN-MBA Dual Degree?
The Master of Business Administration and Master of Science in Nursing with an Emphasis in Nursing Leadership in Health Care Systems degree program is for experienced nurses who have previously earned a Bachelor of Science in Nursing and are looking to move their career in a new direction. This MSN-MBA dual degree program offers students cross-functional business management skills and leadership competencies within the field.
Students are guided through their development of advanced management skills within the healthcare field. Coursework reinforces respect of human dignity and allows students to work toward advancing the common good through healthcare. Previous skills in nursing are combined with new skills in business and management to give graduates the foundation for a new career direction in leadership or entrepreneurship.
Together with the College of Nursing and Health Care Professions, the Colangelo College of Business believes in these three aspects of how business affects the greater good:
- Business as a force for good
Conscious capitalism affects humanity all around your community and the world. - Free markets and purpose for prosperity
Your stakeholders are key for your business’ success. Keep them at the forefront of your business strategies. - Business as ministry
Having a Christian perspective means caring for your team with love and support.
Why Earn Your MSN-MBA Dual Degree at GCU?
GCU’s College of Nursing and Health Care Professions offers students industry-level nursing education. This affordable MSN-MBA dual degree combines nursing education with necessary business skills. Classes are convenient and fit into all lifestyles with on-campus, online and evening classes available.
Select states may have additional requirements to meet their standards; reference the enrollment agreement or contact GCU for more information. For more information on the accreditation of nursing programs and other university approvals, please visit our University Accreditation and Regulations page.
Be a Leader - Combine Business Strategy and Healthcare
The dual MSN-MBA program addresses course topics such as leadership and management, accounting, economics, operations management, ethics in healthcare, and leadership and management theories. MSN-MBA dual degree students will:
Loading Form
- Examine healthcare policy while incorporating the perspective of skilled nurses with business theory
- Focus on the relevant ethical, legal and political factors of healthcare policy
- Perform relevant, industry-specific research
- Determine advocacy strategies for improving the access to and quality of healthcare for diverse populations
- Complete evidence-based practice projects in which students address a problem in their area of professional practice, propose a solution and design an evaluation
The Leadership in Health Care Systems Practicum course also provides MSN-MBA students with the opportunity to apply what they learned to a contemporary, nursing leadership-related direct practicum placement at a local healthcare site. This practicum experience encourages the application of deep nursing knowledge, along with advanced critical thinking and problem-solving skills. Leadership projects range from quality/performance improvement or mentorship/coaching to interdisciplinary relationships or staff development.
Coursework in the MSN-MBA dual degree program emphasizes the importance of leadership and motivation within both the business and healthcare worlds. Students will model professional leadership behaviors to motivate and inspire employees within their chosen career paths.
What Can You Do With an MSN-MBA Dual Degree?
This dual MSN-MBA program prepares students for executive positions in healthcare that combine advanced business strategies and healthcare.
Potential careers include:
- Chief nursing officer
- Head of patient services
- Chief executive officer of healthcare-related organizations
- Other positions integrating appropriate state, federal and global health policies into the design of equitable healthcare
- Working for or starting a healthcare company
Overall, by acquiring the necessary skill set, graduates of GCU's dual MSN-MBA program can help make healthcare more accessible and recommend measures for improving safety. Professionals become advocates who strive to improve the quality and cost-effectiveness of healthcare for varied populations.
MSN-MBA Dual Degree Program FAQs
As a full-time student, the MSN-MBA dual degree program generally takes about three years to complete. At GCU, the MSN-MBA program requires 74 credits to completion no matter if you are attending on campus, online or in the evenings. Most courses are eight weeks in length, with a 16-week practicum.
The MSN-MBA dual degree is an excellent choice for nurses who hold a bachelor’s degree and want to gain financial, organizational and administrative skills in order to work on the business side of healthcare. To be eligible for the MSN-MBA dual degree program, nurses are required to have a bachelor’s degree. Additionally, job growth for medical and health services managers is on track to grow by an estimated 32% from 2019 to 2029, accounting for an estimated increase of 133,200 jobs in the field.2
There are a variety of career paths for nurses who hold an MSN-MBA dual degree. One career option is a medical and health services manager, also called a healthcare executive or healthcare administrator. According to the U.S. Bureau of Labor Statistics, medical and health services managers have a median annual wage of $104,280 as of May 2020.3
1 Online courses exclude programs with residencies and field experience.
2 COVID-19 has adversely affected the global economy and data from 2020 may be atypical compared to prior years. The pandemic may impact the predicted future workforce outcomes indicated by the Bureau of Labor Statistics as well. Accordingly, data shown is based on 2019, which can be found here: U.S. Bureau of Labor Statistics, Occupational Outlook Handbook, Medical and Health Services Managers
3 The earnings referenced were reported by the U.S. Bureau of Labor Statistics (“BLS”), medical and health services managers as of May 2020. Due to COVID-19, data from 2020 may be atypical compared to prior years. The pandemic may also impact the predicted future workforce outcomes indicated by the BLS. BLS calculates the median using salaries of workers from across the country with varying levels of education and experience and does not reflect the earnings of GCU graduates as medical and health services managers. It does not reflect earnings of workers in one city or region of the country. It also does not reflect 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. You may also wish to compare median salaries if you are considering more than one career path.
Core Courses
Course Description
This course is designed to prepare students for the graduate learning experience at Grand Canyon University. Students have opportunities to develop and strengthen the skills necessary to succeed as graduate students in the College of Business. Emphasis is placed on utilizing the tools for graduate success.
Course Description
This course examines nursing theory and the role of ethics for advanced registered nurses within the Christian worldview and through a leadership perspective focused on improving health care outcomes. Learners explore the moral/ethical responsibilities and legal and regulatory obligations of advanced registered nurses in health promotion and disease prevention. Learners also review evidence-based practice (EBP) literature and the research process with application to their program of study and learn to navigate scholarly EBP literature, resources, and guidelines.
Course Description
This course examines the role of leadership, organizational science, policy, and informatics in supporting safe, high-quality, cost-effective patient care within interprofessional, dynamic health care environments. Learners explore various organizational relationships within health care systems and prepare to participate in the design of cost-effective, innovative models of care delivery and practice change proposals. Professional leadership theories and how they shape the nurse leader in such things as collaboration, conflict resolution, decision-making, and negotiation are introduced. Learners discuss change management theories and evaluate the ethical, social, legal, economic, and political implications of practice change and health care informatics along with strategies for managing human, fiscal, and health care resources in a variety of organizational systems. Learners also examine the uses of patient-care, information systems, and communication technologies and discuss the design, implementation, and evaluation of electronic health record systems and clinical decision support systems.
Course Description
In this course learners examine the process of scientific inquiry, knowledge generation, utilization, and dissemination of evidence into advanced nursing practice in order to propose quality-improvement initiatives that advance the delivery of safe, high-quality care for patient populations. Learners critically evaluate evidence, including scientific findings from the biopsychosocial fields, epidemiology, biostatistics, genetics, and genomics, and apply levels of evidence and theoretical frameworks to design culturally appropriate clinical prevention interventions and population-based care that reduces risks, prevents disease, and promotes health and well-being. Learners also consider strategies to evaluate health policy and advocacy issues, the state of health care delivery, patient-centered care, and ethical principles related to health beliefs, health promotion, and risk reduction for diverse populations. Learners apply these strategies to work towards recognizing gaps in nursing and health care knowledge, identifying potential solutions or innovations for those gaps, planning and implementing practice changes, and evaluating the outcomes in order to improve practice. Prerequisite: NUR-513.
Course Description
This course provides an opportunity for learners to complete their evidence-based practice (EBP) project proposal that addresses a problem, issue, or concern in their specialty area of professional practice. Learners previously identified a problem amenable to a research-based intervention, searched the literature, and proposed a solution. Now learners will explore implementation considerations and various evaluation methodologies, complete the project proposal by developing a plan to implement the solution into the intended practice area, and design an evaluation plan that will assess the EBP project proposal's intended outcome(s). Prerequisite: NUR-550.
Course Description
This course is an exploration of the behavioral forces and relationships that influence organizational effectiveness and change. It also emphasizes the study of intervention strategy and application skills related to a foundational understanding of the role of project management in the context of leading change in organizations. The course provides insights into the leadership and management of people, processes, and best practices for successful change.
Course Description
In this course, learners study principles of health care financial management and the role of fiscal responsibility within health care organizations. Along with an overview of operational budgets, learners delve into the key aspects of the economic drivers and financial requirements impacting organizations, including the financial demands and implications of specific health care delivery models, efficient staffing models, and the management of operational expenses. Learners examine the challenges of aligning key financial performance indicators with safety and quality measures as required in the evolving health care industry. Prerequisite: NUR-590.
Course Description
This course examines models of performance and quality improvement in health care. Learners differentiate measures of quality and learn to apply industry standard tools and process improvement methodology to enhance safety and positively impact patient outcomes and financial performance. Prerequisite: NUR-590.
Course Description
The effective strategic management of human capital is the differentiator of every successful organization. This course examines talent management, workforce diversity, succession planning, employee development and motivation, and performance matrix. This course addresses human resource competencies identified by the Society of Human Resource Management (SHRM). Using the strong strategic human resource acumen provided by this course, students will be well-prepared for positions as senior human resources specialists or as general managers.
Course Description
This course provides learners the opportunity to integrate what they have learned in the program in a practicum experience related to nursing leadership. Learners are expected to integrate nursing knowledge and advanced critical-thinking and problem-solving skills in the development of a comprehensive project grounded in contemporary nursing leadership theory and practice. Learners develop projects based on their interests and practicum placement that can incorporate a range of leadership issues, such as quality and performance improvement, mentorship and coaching, interdisciplinary relationships and collaboration, and staff development. Practicum/field experience hours: 150. Prerequisite: Successful completion of all previous coursework in the program.
Course Description
This course is designed for students who are preparing for more advanced coursework in business but who have not had accounting in undergraduate work. Topics covered include the principles and practices of financial accounting, including the fundamentals of revenue recognition, the components of the balance sheet, and financial statement analysis. ?The course explores accounting theories using publicly traded companies and case studies.
Course Description
This course is designed for individuals who are preparing for more advanced coursework in accounting and is designed for students who have not had finance in undergraduate work. Topics covered include financial analysis, financial planning, asset evaluation, capital structure, and working capital management.
Course Description
This course introduces microeconomic and macroeconomic concepts that are relevant to contemporary business. Emphasis is placed on using economic data for business decision making.
Course Description
This course is a study in the quantitative tools and techniques used to model business functions and applications. Emphasis is placed on how to set up models, and how to interpret and apply their results. Prerequisite: SYM-506.
Course Description
Management of the marketing function, market environmental analysis, and marketing planning, strategy, and control are fundamentals of marketing management. The course examines the marketing process, marketing research, product development innovation and diffusion, pricing strategy, distribution value drain, advertising and promotion, and strategic marketing issues. Emphasis is placed on case study analysis and current academic research with a marketing plan as a significant curriculum component.
Course Description
This course covers managerial accounting concepts and procedures for internal reporting, including the study of cost behavior, cost systems, budgeting, and performance evaluation. Coursework includes case studies, group projects, and class discussion. Prerequisite: ACC-502.
Course Description
Operations Management examines managerial concepts and strategies relating to the management of operations in both manufacturing and service environments. Emphasis is placed on methods to streamline and drive inefficiencies out of a firm’s internal processes to build a highly efficient organization. The course also focuses on external processes by examining ways to achieve greater supply chain integration with suppliers and customers. Quantitative and qualitative methods and tools are introduced and applied. Prerequisite: SYM-506.
Course Description
This course discusses elements of business financial decisions, including financial forecasting and development of proformas, management of working capital, capital budgeting, capital structure, and raising funds in capital markets. Prerequisite: FIN-504.
Course Description
This capstone course focuses on preparing and conducting a strategic analysis of a selected publicly traded firm to produce actionable intelligence used to formulate recommendations to promote the creation of a value-adding strategy. Based on the results of their strategic analysis, students are then required to prepare the framework of a strategic plan that creates significant value for the selected firm. Prerequisites: MGT-605, MKT-607, ACC-650, and FIN-650.
Pursue a next-generation education with an online degree from Grand Canyon University. Earn your degree with convenience and flexibility with online courses that let you study anytime, anywhere.
Grand Canyon University’s evening programs cater to the demands of working professionals who prefer an in-person learning environment. Our night classes meet just once per week and offer the interaction and discussion of a typical college classroom.
* Please note that this list may contain programs and courses not presently offered, as availability may vary depending on class size, enrollment and other contributing factors. If you are interested in a program or course listed herein please first contact your University Counselor for the most current information regarding availability.
* Please refer to the Academic Catalog for more information. Programs or courses subject to change.