Impact Lives

Master of Science in Nursing (M.S.N.) Online: Career Outlook

It’s a great time to be a nurse. The U.S. Bureau of Labor Statistics expects employment of registered nurses to grow 16 percent between 2014 and 2024.1

It’s also a great time to earn an advanced nursing degree. The Tri-Council of Nurses released a statement urging all nurses to advance their education levels to meet the challenges of an increasingly complex healthcare environment.

“Current healthcare reform initiatives call for a nursing workforce that combines research and evidence-based clinical knowledge with effective communication and leadership skills,” the report states. “Without a more educated nursing workforce, the nation's health will be further at risk.”

Many Magnet Hospitals Seek Nurses With Advanced Credentials

Many healthcare facilities across the nation are taking this call for a more educated nursing workforce very seriously. For example, many Magnet hospitals now require a certain percentage of nurses on staff to have earned master’s degrees. Many non-magnet hospitals are following their lead in the hopes of achieving Magnet status and improving patient care. Obtaining the Magnet credential indicates that a medical facility provides high quality patient care and excellent nursing. Consequently, nurses with an MSN may have an advantage over those without an advanced degree when it comes to applying for a job and positioning themselves for advancement.

The Outlook for Nurse Executive Leaders

The U.S. Bureau of Labor Statistics also states that the intensity of nursing care is likely to escalate, requiring more nurse leaders and administrators to have the managerial skills necessary to effectively lead nurse teams. The Nurse Executive Leader concentration in Benedictine’s Online MSN program is designed to give registered nurses the organizational, business, and soft skills necessary to take charge of a unit, department or facility.

The nursing profession is expected to add nearly a half-million jobs from 2014 to 2024. More nurses and an increasingly technical and organizationally complex healthcare system means that there will be a need for nurse leaders who can prove they have the advanced skills needed for critical leadership positions.

Nurse Executive Leaders will be expected to keep up with the latest medical developments and changes in the health insurance industry. In addition, a nurse working on the administrative side of the medical field will need to have a strong business background to maintain schedules, budgets and electronic patient and personnel records. Completing Benedictine’s Nurse Executive Leader concentration will help prepare students to meet the challenges of 21st century nursing.

The Outlook for Nurse Educators

Nurse Educators are in high demand. The Bureau of Labor Statistics predicts that the need for nurse educators will grow by 19% through 2024. In fact, many nursing schools already turn away qualified applicants because they don’t have enough faculty members. This is due in part to large numbers of Nurse Educators heading into retirement. In traditional academic settings, employers require applicants for these positions to have earned a master’s degree in nursing.

Nursing Educators may also work with patients to teach them how to manage illnesses and medications, or they might work with the community on wellness and disease prevention initiatives. Another growing segment of employment for Nurse Educators is at medical equipment makers, where nurses might teach other healthcare professionals how to use new products and equipment.

With an M.S.N. from Benedictine University, you'll be ready to turn critical demand for educated nurses into a lifetime of opportunity and accomplishment. At a time when 70,000 experienced RNs are retiring annually, the loss of knowledge leaders presents a crisis within the U.S. health care system.1 That's where you come in.

Central to a high-achieving clinical team are nursing leaders who impact outcomes across the entire organization. Whether you select Benedictine's Nurse Educator or Nurse Executive Leader concentration, you'll graduate ready to drive a culture of excellence within your organization.

Meet the Demand for Advanced Credentials

Health care facilities across the nation are taking the call for a more educated nursing workforce seriously. In fact, many Magnet hospitals now require a percentage of nurses on staff to have earned master's degrees.

Even non-Magnet hospitals are following this lead in the hopes of achieving Magnet status and improving patient care. With your advanced nursing degree, you'll have a clear advantage in competing for a job and positioning yourself for advanced nursing careers.

Government is also responding to the nursing shortage crisis. In 2017, New York passed the "BSN in 10" law, requiring all nurses to earn a bachelor's degree in nursing (B.S.N.) within 10 years of licensure. Directives like this mean a B.S.N. is becoming the minimum education standard for nurses. To stand out, you'll need your M.S.N.

The Outlook for Nurse Executive Leaders

The Nurse Executive Leader concentration in Benedictine's M.S.N. online program is designed to give registered nurses the organizational, business and soft skills necessary to take charge of a unit, department or facility.

The nursing profession is expected to add 371,500 jobs from 2018 to 2028.2 With a new generation of nurses inheriting an increasingly complex health care system, there is a need for nursing leaders who possess an advanced leadership skill set.

Nurse Executive Leaders must keep up with the latest medical developments and changes in the health insurance industry. In addition, a nurse working on the administrative side will need to have a strong business background to maintain schedules, budgets and electronic patient and personnel records.

Completing Benedictine's Nurse Executive Leader concentration will prepare you to meet the challenges of 21st-century nurse executive leader careers, including:

Job Title

Median Salary

Nursing Director

$89,0643

Chief Nursing Officer (CNO)

$136,7324

Clinical Nurse Manager

$81,4825

The Outlook for Nurse Educators

Nurse Educators are in high demand as a key component in solving the nurse shortage crisis. The American Association of Colleges for Nursing reports more than 75,000 qualified applicants were turned away from baccalaureate and graduate nursing programs in 2018, in large part due to a lack of educators.6

With the Nurse Educator concentration in Benedictine's M.S.N. online program, you'll graduate ready to meet this need.

Nursing Educators may also work with patients to teach them how to manage illnesses and medications, or with communities on wellness and disease prevention initiatives. Another growing segment of employment for Nurse Educators is at medical equipment makers, where nurses teach health care professionals how to use new products and equipment.

Completing the Nurse Educator concentration shows employers you have not only the nursing mastery that comes with an M.S.N., but also the skills of an effective teacher. These are skills that can propel your career in a variety of fulfilling directions, including:

Job Title

Median Salary

Nurse Educator

$74,2907

Clinical Services Director

$85,1038

Clinical Nurse Manager

$81,4825

M.S.N. Online Alumni in the Workforce

M.S.N. online graduates reported working for organizations such as:

  • UNC Healthcare
  • U.S. Army
  • Yale New Haven Hospital
  • Vanderbilt University Medical Center
  • Rush University Medical Center

Career Support for Benedictine M.S.N. Students

The Benedictine Virtual Career Center (BVCC) provides Benedictine students and alumni with access to hundreds of current internships, job opportunities (part and full time), career fairs and networking events that help expose students to the nation's top employers. On BVCC, you can search job openings by industry, salary, location and areas of interest with just the click of a button.

You can also submit your resume directly to the BVCC website and have it personally reviewed by a director in the Office of Career Development, who will give you personal feedback within 48 hours.

Additionally, all of Benedictine's Career Center resources are available online at your convenience. From resume/CV templates to downloadable guides on interviewing skills and salary negotiations, the Career Development website has a variety of resources for you to use.

Take the First Step to Elevate Your M.S.N. Career

Learn more about the career opportunities open to you with a master's degree in Nursing from Benedictine University. Request more information or call (866) 295-3104 today to speak to a program manager.

References

1Peter I. Buerhaus, PhD, RN, FAAN, FAANP(h); Lucy E. Skinner, BA; David I. Auerbach, PhD; and Douglas O. Staiger, PhD (2017 July). Four Challenges Facing the Nursing Workforce in the United States. Retrieved August 27, 2019 from http://healthworkforcestudies.com/images/JNR0717_40-46_Buerhaus.pdf.
2U.S. Bureau of Labor Statistics (2019 September 4). Registered Nurses. Occupational Outlook Handbook. Retrieved November 7, 2019, from https://www.bls.gov/ooh/healthcare/registered-nurses.htm
3Payscale (n.d.). Average Nursing Director Salary. Retrieved August 27, 2019, from https://www.payscale.com/research/US/Job=Nursing_Director/Salary.
4Payscale (n.d.). Average Chief Nursing Officer (CNO) Salary. Retrieved August 27, 2019, from https://www.payscale.com/research/US/Job=Chief_Nursing_Officer_(CNO)/Salary.
5Payscale (n.d.). Average Clinical Nurse Manager Salary. Retrieved August 27, 2019, from https://www.payscale.com/research/US/Job=Clinical_Nurse_Manager/Salary.
6American Association of Colleges of Nursing (2019 April). Fact Sheet: Nursing Shortage. Retrieved August 27, 2019, from https://www.aacnnursing.org/Portals/42/News/Factsheets/Nursing-Shortage-Factsheet.pdf.
7Payscale (n.d.). Average Nurse Educator Salary. Retrieved August 27, 2019, from https://www.payscale.com/research/US/Job=Nurse_Educator/Salary.
8Payscale (n.d.). Average Director, Clinical Services Salary. Retrieved August 27, 2019, from https://www.payscale.com/research/US/Job=Director%2c_Clinical_Services/Salary.