What Is the Salary for Graduates of a Master's Degree in Health Administration?

A master's degree in health administration will prepare you for management careers in a variety of healthcare organizations. Read on for information about the average salary earned by those with a graduate degree in health administration. Schools offering Health Care Administration degrees can also be found in these popular choices.

Program Overview

According to the U.S. Bureau of Labor Statistics (BLS), a master's degree is usually required for generalist positions in health administration. Most employers expect a master's degree in health administration, public health, public administration, business administration, health sciences or long-term care administration.

Important Facts About This Field of Study

Median Salary (2014) $92,810 (for medical and health services managers)
Possible Careers Healthcare executive, hospital administrator, longterm-care facility manager
Online Availability Available entirely online
Concentrations Health Informatics, Organization Development & Leadership, Health Care Ethics

Source: U.S. Bureau of Labor Statistics

Course Topics

Graduate programs in these fields usually take two years to complete, and the curriculum typically includes coursework in the following topics:

  • Healthcare management
  • Healthcare financing
  • Healthcare law and policy
  • Organizational behavior
  • Human resources
  • Marketing

Career Options

Graduates of a master's program in health administration may start their careers as department managers or supervisors. Places of employment include:

  • Hospitals
  • Clinics
  • Large medical group practices
  • Consulting firms.

Expected Job Growth Rate

According to the BLS, between 2014 and 2024, employment for those in medical and health services management is expected to grow faster than average compared to all occupations. In 2014, approximately 333,000 positions were held by these managers. It is projected that in 2024 there will be 56,300 more positions, representing a 17% increase.

Average Annual Salary by Industry

Salaries vary by level of responsibility and place of employment. The BLS provides the following breakdown of salaries by industry for 2014:

Industry Average Annual Earnings
Hospitals $99,930
Physician Office $86,050
Nursing Care Facilities $76,730
Home Health Care $81,940
Government $98,310

Average Annual Salary by Location

The 2014 salary data provided by the BLS shows that average wages for medical and health services managers vary significantly by location. States in the far western and far eastern parts of the country tended to have the highest wages. The BLS reports the highest paying areas with their average salaries:

State Average Annual Earnings
District of Columbia $131,160
California $122,410
Connecticut $117,680
New York $121,930
New Jersey $115,370

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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