I chose a master of management, virtually the same as the MBA. I figured that a lot of the content in a nursing administration program would be redundant to my BSN and past experience. Plus, I've been a nurse for more than 25 years, and I'd like to have the option of applying to jobs both in, and outside, of the department of nursing. I see many nurse managers, directors, and executives with MBA/MM. Many postings now say "Requires MSN or ____ degree."
I can do anything any nurse with an MSN can do, plus I (hopefully) have a deeper understanding of how businesses function. It's nice to be able to apply for jobs that aren't open to RN only. I can't write scripts, and I can't teach student nurses, but that's OK.
As profit and loss become more important in an increasingly competititive health care arena, the management degree is becoming more valued. Plus, we need capable nurses involved in the process instead of leaving the important decisions to those who have never touched a patient in their life.