Online MSN/MBA Dual Degree Programs – Nursing & Business

“As nurses gain experience and advance their education, the spheres of healthcare they influence expand. The MSN/MBA is one way nurses can earn an advanced degree. With this unique option, nurses gain two degrees as part of one program of study: the master’s of science in nursing and the master’s of business administration.”

Billie Madler DNP, Associate Dean of Nursing and Professor of Nursing, University of Mary’s Saint Gianna School of Health Sciences

Our healthcare systems are evolving rapidly, and to keep up, nurses at the executive level must have more than training in nursing. A dual degree in nursing and business prepares nurses in administrative roles to manage a healthcare organization, set policies, make data-based decisions, and ultimately ensure that patients receive the highest-quality care.

Dual degree programs take less time to complete and require fewer credits than taking the two degrees separately. Various institutes offer an online dual degree in nursing and business. These programs can typically be completed in two to three years. The curriculum explores a blend of nursing and management topics, such as advanced nursing practice, nursing leadership, managerial economics, operations management, and financial management.

These programs can help professionals develop into effective leaders who can oversee the financial, accounting, and management side of a healthcare operation and develop sound patient care systems.

The following guide covers online dual degree programs in nursing and business, as well as insights from two experts in this field.

Featured Online Nursing Programs (for BSN-Prepared RNs)
Purdue Global Online MSN - Executive Leader View Full Profile
Purdue Global Online MSN - Nurse Educator View Full Profile
Arizona State University Nursing (MS) View Full Profile
Grand Canyon University MBA/MSN - Nursing Leadership in Health Care Systems View Full Profile
Grand Canyon University MSN - Health Care Quality and Patient Safety View Full Profile
Lamar University MSN-MBA Dual Degree View Full Profile
Rasmussen University MSN - Healthcare Technology, Simulation and Informatics View Full Profile
Rasmussen University MSN - Nursing Leadership and Administration View Full Profile
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Meet the Expert: Kelly Hudock, CRNP, DNP, CNE

Kelly Hudock

Dr. Kelly Hudock has been teaching at St. Joseph’s College of Maine since 2012. She graduated with her BSN in 1990 and her MSN-FNP in 2000. She has worked in various clinical settings, including medical-surgical units as a nurse and private practice, nursing home, palliative care/hospice, long-term care/subacute care, and retail healthcare as an NP.

Dr. Hudock received her DNP from Rush University in 2011. At St. Joseph’s College, she was a faculty member, FNP coordinator, and graduate program director. Since 2021, she has been the chair of the nursing department.

MHAOnline.com: What is something you wish the public understood about dual MBA/MSN degree programs?

Dr. Hudock: Dual degrees such as MSN/MBA or MSN/MHA are designed for nurses who want to expand their leadership skills and knowledge. Healthcare is continually changing. We see new developments every day.

However, many people don’t realize that nurse leaders are behind these new ways of providing care or new approaches to care. Many nurse leaders, such as charge nurses or unit managers of a hospital unit, have a bachelor of science in nursing. But this may not be where these new care methods are conceived. That happens at a higher level- a supervisor, director, vice president, or chief nursing officer.

To achieve this higher level, BSN-prepared nurses need more education. These dual degrees fit that bill. Not only do they focus on the next level of nursing skill and knowledge, but they also tie in the business aspects of healthcare through the MBA or MHA aspect.

MHAOnline.com: What advice would you give to aspiring MBA/MSN degree-seeking students?

Dr. Hudock: If you are a BSN-prepared nurse looking for the next step in leadership, you have some choices. You need to look at programs carefully. Ensure the program you are considering has both MSN and MBA or MHA accreditation. Nursing programs should have specific accreditations such as NLN, CCNE, or ACEN. MHA and MBA should have similar accreditation organizations. Consider how the programs ranked in terms of quality and affordability. Check out different sites, such as Princeton Review or EduMed. Examine the curriculum to ensure it meets your needs. The courses should be clearly listed on the university website. Consider the modality of classes: are they online or in person? Can you manage an in-person course or an online course? Finally, if you still have questions, see if you can speak with the program director.

Meet the Expert: Billie Madler DNP, APRN, FNP

Billie Madler DNP

Dr. Billie Madler serves as the associate dean of nursing and a professor of nursing at the University of Mary’s Saint Gianna School of Health Sciences. She holds a doctor of nursing practice degree from Minnesota State University and both a master of science in nursing and a bachelor of science in nursing from the University of Mary.

Her nursing career began in critical care, including the ICU and flight team, which honed her ability to think critically, act decisively, and show genuine compassion. As a nurse practitioner, she expanded her expertise across various settings such as emergency rooms, urgent care, rural health, and women’s health. Her commitment to the profession is further recognized by her fellowship with the American Association of Nurse Practitioners.

Dr. Madler emphasizes the importance of quality curriculum and nurturing relationships in nursing education, striving to translate nursing wisdom to students meaningfully.

MHAOnline.com: What is something you wish the public understood about dual MBA/MSN degree programs?

Dr. Madler: I think the public generally understands the role of nurses as caregivers. However, they may not understand the scope of care that nurses apply across various settings and patient populations. As nurses gain experience and advance their education, the spheres of healthcare they influence expand.

The MSN/MBA is one way nurses can earn an advanced degree. With this unique option, nurses gain two degrees as part of one program of study: the master’s of science in nursing and the master’s of business administration. These degrees are complementary to one another in the preparation of nurses seeking healthcare leadership positions. In this educational path, nurses build upon not only their nursing expertise but also gain high-level business savviness, which is necessary in the highly dynamic healthcare field.

Nurses, who have always had a special focus on patient outcomes, healthcare quality, and patient advocacy bring a multitude of real-life applications that serve as a bedrock for them to build upon. The result in a dual degree program such as this the MSN/MBA in healthcare administration, is a nurse who is well informed and especially equipped to lead people and systems of care that maintain high quality and have financial sustainability.

MHAOnline.com: What advice would you give to aspiring MBA/MSN degree-seeking students?

Dr. Madler: Go for it! Nurses have a duty to influence care and, subsequently, the outcomes of that care from multiple perspectives. Nurses at the bedside make a difference for many patients, one on one, every day they work. Because of nurses’ unique insights about patient care, which is unmatched by any other health profession, they have significant contributions to offer at healthcare decision-making tables.

Nurses’ opportunity for influence in the healthcare industry is exponential when they have earned an advanced degree and gained additional understanding in, for example, business principles, systems thinking, and evidence-based practice. You see, our MSN/MBA graduates are professionals who can combine their nursing experience and advanced knowledge gained from graduate studies to positively influence organizational decision-making that is financially responsible, morally courageous, and focused on patient-centered care.

Meet the Expert: Manjula Das, MSN, MBA, RN, CCRN

Billie Madler DNP

Manjula Das is a dynamic and compassionate healthcare leader pursuing a DNP executive track program at the Johns Hopkins School of Nursing (JHSON). Working as a lead clinical nurse at Howard County Medical Center, Johns Hopkins (JHHCMC), she brings a wealth of experience and expertise in critical care nursing and patient care management. Das is renowned for her skills in nursing leadership and advanced life support, consistently striving to enhance the safety and quality of patient care. Her role extends to precepting new employees and nurse residents, ensuring they are well-versed in the latest hospital policies and protocols.

Beyond her professional commitments, Das is a passionate dancer and an avid nature photographer, capturing the beauty and tranquility of the natural world through her lens.

MHAOnline.com: What is something most people don’t know about MSN/MBA programs?

Das: One lesser-known aspect of the MSN/MBA dual degree program is how it uniquely prepares graduates for leadership roles in healthcare professional settings and personal life, especially in budgeting and financial management. While many know that the program combines advanced nursing practice with business management skills, it also emphasizes integrating these disciplines to address complex healthcare challenges and provide patients and families with value-based and quality outcome care.

In addition, students learn about clinical care and healthcare policies, finance (corporate and healthcare), and strategic planning. This combination equips them to tackle healthcare delivery systems, patient care quality, and organizational management, making them valuable assets. Additionally, the program often includes opportunities for interdisciplinary collaboration, allowing students to work with peers from various fields and further enriching their educational experience.

MHAOnline.com: What advice would you give to a student considering an MSN/MBA dual degree program?

Das: I am so glad I could do an MSN/MBA dual degree program at the Johns Hopkins University School of Nursing and Carey Business School. I want to thank the school faculty and program coordinators who supported me throughout the program. It wasn’t easy, but with great support, everything is possible.

I would advise students to research the program and make sure it aligns with their future career and personal goals, understand and dedicate commitment to the program, leverage the nursing background to their advantage, network actively, focus on skills development, seek internships or practical experience, balance the time, stay open-minded, utilize resources, and reflect on your goals as you advance in the program.

By following these steps, students can maximize their experience and prepare for a successful career in the evolving healthcare landscape. Looking back, I don’t regret taking the MSN/MBA dual degree program; instead, I am so proud and confident. If I can do it, you can do it.

Featured Online Dual Degree Programs in Nursing & Business

Farheen Gani
Farheen Gani
Writer

Farheen Gani has written many how-to career, online program, and scholarship guides related to master of healthcare administration degrees since 2018. Some guides she has written include online healthcare management programs, master's in regulatory science programs, and health administration scholarships. She writes about healthcare, technology, education, and marketing. Her work has appeared on websites such as Tech in Asia and Foundr, as well as top SaaS blogs such as Zapier and InVision. You can connect with her on LinkedIn and Twitter (@FarheenGani).

Kimmy Gustafson
Kimmy Gustafson
Writer

With a unique knack for simplifying complex health concepts, Kimmy Gustafson has become a trusted voice in the healthcare realm, especially on MHAOnline.com, where she has contributed insightful and informative content for prospective and current MHA students since 2019. She frequently interviews experts to provide insights on topics such as collaborative skills for healthcare administrators and sexism and gender-related prejudice in healthcare.

Kimmy has been a freelance writer for more than a decade, writing hundreds of articles on a wide variety of topics such as startups, nonprofits, healthcare, kiteboarding, the outdoors, and higher education. She is passionate about seeing the world and has traveled to over 27 countries. She holds a bachelor’s degree in journalism from the University of Oregon. When not working, she can be found outdoors, parenting, kiteboarding, or cooking.