By Career Advisor
Question:
I am a software developer currently employed in a large
health insurance firm . I wish to make a transition towards the
business side of industry and many people have suggested to pursue a
masters program for making this transition. I did research a lot but
am not able to find a masters program most applicable for me.
Most of the masters programs are either masters in Finance or
Insurance or health care administration.
An Health insurance firm's line of business doesn’t fit any of the
above. Its neither an Insurance firm as is nor a finance firm. The MBA
in Health care management is more pursued by medical practitioners
looking for a career change and am not sure how much its going to help
me.
The only thing that sounds logical is pursuing a generic MBA program.
Please advice which masters education program that will suit my
situation most.
Answer: It depends on what specific position you want within the Health Insurance Company. Are you looking for Management of the Sales, Management of the I.T. Services, Management of the Financial Services part of the company, etc…
I am sure that there are several career verticals that you can aspire too. Maybe someday culminating in CEO.
A general MBA will make you prepared for all types of opportunities that may become available. A good solid Business Manager that has gone through a rigorous MBA program can be effective in any industry.
While there are MBA’s with a focus on Healthcare Administration I would not recommend them for your situation. The Healthcare Administration may limit you in the number of opportunities that become available through your career.
My advice is to try to get into a well recognized degree program at a top University. This will do more for you in the long run then worrying about a specialized MBA. Good Luck.