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Medical Transcription Major

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Medical Transcription

$36,350 Median Salary

Types of Degrees Medical Transcription Majors Are Getting

The following table lists how many medical transcription/transcriptionist graduations there were in 2018-2019 for each degree level.

Education Level Number of Grads
Basic Certificate 125
Undergraduate Certificate 36
Associate’s Degree 25

What Medical Transcription Majors Need to Know

In an O*NET survey, medical transcription/transcriptionist majors were asked to rate what knowledge areas, skills, and abilities were important in their occupations. These answers were weighted on a scale of 1 to 5 with 5 being the most important.

Knowledge Areas for Medical Transcription/Transcriptionist Majors

According to O*NET survey takers, a major in medical transcription/transcriptionist should prepare you for careers in which you will need to be knowledgeable in the following areas:

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  • Clerical - Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
  • Medicine and Dentistry - Knowledge of the information and techniques needed to diagnose and treat human injuries, diseases, and deformities. This includes symptoms, treatment alternatives, drug properties and interactions, and preventive health-care measures.
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

Skills for Medical Transcription/Transcriptionist Majors

When studying medical transcription/transcriptionist, you’ll learn many skills that will help you be successful in a wide range of jobs - even those that do not require a degree in the field. The following is a list of some of the most common skills needed for careers associated with this major:

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  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Time Management - Managing one’s own time and the time of others.
  • Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.

Abilities for Medical Transcription/Transcriptionist Majors

Some of the most crucial abilities to master while a medical transcription/transcriptionist student include the following:

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  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
  • Written Expression - The ability to communicate information and ideas in writing so others will understand.
  • Speech Recognition - The ability to identify and understand the speech of another person.
  • Near Vision - The ability to see details at close range (within a few feet of the observer).

How Much Do Medical Transcription Majors Make?

Salaries According to BLS

Medical Transcription/Transcriptionist majors often go into careers with median salaries of $36,350. This median refers to all degree levels, so you may expect those with a more advanced degree to make more while those with less advanced degrees will typically make less.

To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.

Median Salary for a Medical Transcription Major  36,350
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Median Salary for a High School Graduate  ( 30000 to 57900 )
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250K
Median Salary for a Bachelor's Degree Holder  ( 45600 to 99000 )
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Median Salary for an Advanced Degree Holder  ( 55600 to 125400 )
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250K

Some careers associated with medical transcription/transcriptionist require an advanced degree while some may not even require a bachelor’s. In general, the more advanced your degree the more career options will open up to you. However, there is significant time and money that needs to be invested into your education so weigh the pros and cons.

Find out what the typical degree level is for medical transcription/transcriptionist careers below.

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Education Level Percentage of Workers
High School Diploma - or the equivalent (for example, GED) 11.2%
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production) 55.5%
Some College Courses 25.6%
Associate’s Degree (or other 2-year degree) 7.7%

Online Medical Transcription Programs

In the 2018-2019 academic year, 123 schools offered some type of medical transcription/transcriptionist program. The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level Colleges Offering Programs Colleges Offering Online Classes
Certificate (Less Than 1 Year) 60 12
Certificate (1-2 years) 67 13
Certificate (2-4 Years) 1 0
Associate’s Degree 17 4
Bachelor’s Degree 0 0
Post-Baccalaureate 60 12
Master’s Degree 0 0
Post-Master’s 0 0
Doctor’s Degree (Research) 0 0
Doctor’s Degree (Professional Practice) 0 0
Doctor’s Degree (Other) 0 0

Is a Degree in Medical Transcription Worth It?

The median salary for a medical transcription/transcriptionist grad is $36,350 per year. This is based on the weighted average of the most common careers associated with the major.

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You may also be interested in one of the following majors related to medical transcription/transcriptionist.

Major Number of Grads
Health Care Management 26,580
Medical Insurance Coding Specialist/Coder 8,933
Medical Administrative/Executive Assistant & Medical Secretary 8,765
Health Information/Medical Records Technology/Technician 8,662
Medical Insurance Specialist/Medical Biller 7,619
Medical Office Assistant/Specialist 5,305
Hospital & Health Care Facilities Administration/Management 4,620
Medical Office Management/Administration 3,769
Health Information Management 2,848
Other Health & Medical Administrative Services 2,426
Medical/Health Management & Clinical Assistant/Specialist 1,262
Medical Reception/Receptionist 745
Clinical Research Coordinator 332
Long Term Care Administration/Management 314
Medical Office Computer Specialist/Assistant 268
Health Unit Coordinator/Ward Clerk 182
Medical Staff Services Technology/Technician 30
Health/Medical Claims Examiner 14
Health Unit Manager/Ward Supervisor 8

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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