Need help deciding MBA, PHD or Doctorate

I'll be graduating from TUI in less than six months with a Masters in health services management degree. I will like to continue my studies but I'm not sure what is the best degree for me. An MBA usually requires two years to complete, a PHD takes at least 3-4 years and a Doctorate in Health care like A.T. still University will most likely take me 3 years to complete. The advantage to the MBA at least in my mind, will teach me the hardcore business classes that I think I will need as a Radiology Administrator.The PHD or a Doctorate degree in management will also teach me business courses but only geared towards the health field. To complicate matters, I would like to be able to teach someday and the PHD or Doctorate degree should help.

Not to discredit TUI, but somehow I feel I need to have a more in depth education in health or business.

Can someone help me sort this out?

 

First, I think you are under estimating the time required for the PhD program. I would look at 4-6 years unless you are going to focus on it full time. This is just my opinion.

As far as only business classes in the healthcare field, it would depend on the program you are looking at. The PhD in Business from NCU has a lot of the same core business classes as the MBA. What PhD program are you looking at?

You do not need a PhD to teach but it would help. Regardless (MBA or PhD), you will still need 18 graduate credits in a subject to teach.

Good luck with your quest-

 

Randell is right about the time commitment for a PhD or DBA. A masters plus 18 graduate units is fine if you wish to teach at the community college level, but the doctorate will make you more competitive if you wish to teach at most universities.

 

Only do a PhD if your goal is to teach either full or part time, getting it for personal or professional might be an overkill for the little gain you get out of it. As for the MBA, if you are looking for an executive position it is recommended that you do it from a top tier school. There is no point to do an MBA from a low tier unless it is for personal development. A MBA from a low tier would add almost no value to your existing master's degree. There are plenty of top tier MBAs available online but most would require a GMAT and more than two years part time to do it.

 

So, which schools offer top tier MBAs online? I don't disagree that having a "name" school can look impressive on a resume, but that only goes so far.

 

In the case of this person, he already has a management graduate degree so there is little value to get an MBA unless it comes from a top tier school. I wouldn't waste my time with another graduate management degree from another low tier since this wouldn't really add much to a resume.

 

TUI offers a great MBA program, matter of fact if you go to geteducated.com, they are listed in their top RA Online MBA programs. A lot of employers dont look at the school you went to as long as it was accredited, and you have the management experience. I spoken with several HR departments and they have confirmed this. I'm enrolled in TUI MBA/MSHS dual degree program. I'm currently a student associate with ACHE(American College of health care executives) which is a top professional organization. In order to become a member in this organzaition I had to be working on my masters in health care mangement and have the school(TUI) registar call them to verify that I'm working on this degree,and was accepted by them(ACHE).

http://www.geteducated.com/rankings/best_mbareg.asp

 

Thank you all for your response. I think I'm going ahead with the MBA and then persue a grad. certificate in teaching. I read somewhere that it is not a good idea to get 2 graduate degrees from the same University.
I have a few good options for the MBA program like the Georgia web-MBA program which is AACSB accredited and does not require the GMAT since I will have a graduate degree. Other choices would be Fitscburgh state University online program which is IACBE accredited or Plymouth state which is ACSBP accreditted, they will also waived the GMAT and pre-requisite courses. The Georgia web will cost around $17,000, Fitchburgh about $8,000 and Plymouth about $11,000. All three programs can be completed in about 1.5 years fulltime (I work weekends only so I have 5 days off for school). The teaching grad certificate I'm gussing can be completed in 6 mos.
So hopefully I can do everything in around 2 years.

What do you think? P

 

http://www.businessweek.com/bschools/content/jan2006/bs20060111_2790.htm

I read somewhere that it is not a good idea to get 2 graduate degrees from the same University(Not true)

 

Why did you get your degree with TUI if you did not think the education was indepth? Here are threads worth checking out:

1. http://forums.degreeinfo.com/showthread.php?t=28045&highlight=tui+mba%2Fmshs

2.http://forums.degreeinfo.com/showthread.php?t=28045&highlight=tui+mba%2Fmshs

 

I'm not discrediting TUI. I'm sure their MHS program is just as good as any other and my experience thus far has been great. I feel that I need more business background courses like accounting and economics and that is why I'm considering and MBA.

 

Dnice

I did consider a dual degree MHS/MBA from TUI. The reason I decided agaisn't it was that I would be missing some important MHS classes that were important for my career. When you do a dual degree they tend to eliminate certain classes. Two separate degrees although it takes longer, provides a more in depth education one is able to have a specific concentration.