Published Apr 15, 2014
My job offers to pay for a RN to go to Capital University to get their MSN. Unfortunately Capital does not have a CNP program. I really don't want to take out more loans... So can I get a MSN in administration and then add on an NP later? Are there even jobs for MSN nurse admin? My reason for going back to school is pay increase.
Follow you heart, you can never go wrong.
TashaLPN2006RN2012, ASN, RN
According to U.S. Bureau of Labor Statistics (BLS), the median annual salary for medical and health services managers – which includes nurse administrators – was $81,850 as of May 2009. The middle 50% of professionals in this field earned between $63,700 and $105,980. While the lowest 10% had a yearly income at or below $49,750, the top 10% earned in excess of $140,300.
I'm not sure what your salary/experience is now, but that appears to be the "average" earnings. As far as getting your MSN in admin and then adding an NP certification later, the answer is yes. I know nothing about Capital University, so you will have to research their accreditation (national/regional) and then contact a few NP schools to see if that will be acceptable to get a post masters nurse practitioner certification and/or choose to get your DNP.
You stated that your current job offers to pay for an RN to get their MSN, is that full tuition? That's a really generous and incredible offer. Do you have to sign a contract to work on with them for X amt of years after? If so that will be a considerations. Also perhaps ask you HR department if upon graduation do they guarantee a job in Admin for you, and what is the salary range for Nurse Admin? At least that is the questions I would want to know.
Good luck with your decision!
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