Become a leader in health care systems.
Increasingly, the health care marketplace is paying a premium to those individuals who have technical, clinical and administrative training. In transitioning to patient-focused care, the success of future health care practitioners hinges upon the ability to manage and market health care services.
PharmD/MBA’s find excellent career opportunities including managerial and consultancy jobs in the healthcare industry.
The cooperative Doctor of Pharmacy/Master of Business Administration (Pharm.D./MBA) program is designed to aid students who seek positions of management and leadership that require a combination of patient care and management skills. If you are interested in the business side of pharmacy operations, then the joint PharmD/MBA program is right for you. You can earn an MBA and graduate with two degrees at the end of your four years you have already committed to the PharmD degree.
What Our Program Offers You
What Our Students Learn/Skills you will acquire
The dual Doctor of Pharmacy/Master of Business Administration (Pharm.D./MBA) program educates students to assume responsibilities as managers, administrators, consultants, and executives in health care systems designed to provide health care to customers.
Health care managers need a broad organizational overview to successfully plan, organize, lead, and control in the dynamic health care environment. They need to know how to motivate, lead, and work with others to accomplish organizational and personal objectives.
To this end, the program is directed toward providing the education students need to develop an understanding of the major functional areas in health care organizations, and to design strategic plans and policies to cope with the changing pharmaceutical and health care environments.
By combining a “generalist” business degree with a PharmD degree, students gain the requisite skills to do this and will realize significant additional career opportunities. The dual degree is designed to aid students who seek positions in administration and leadership that require a combination of patient care and management skills.
The Dual PharmD/MBA program helps you understand the major functional areas in health care organizations and to design strategic plans and policies to cope with the changing pharmaceutical and healthcare environments. We will also teach you how the success of future health care practitioners hinges upon the ability to manage and market health care services.
What makes our program unique?
Many PharmD’s go back to school to get an MBA. By earning the two degrees at the same time, you can:
- Double count courses to minimize the time and cost of dual degrees
- Use your summers to take MBA courses without overloading in fall or spring
- The additional cost is under $12,000
The dual PharmD/MBA program is ideally suited to obtaining the requisite skills needed to thrive in this environment. Earning both degrees simultaneously requires both minimal additional monetary outlay and minimal additional time.
You will earn both graduate degrees simultaneously within four years with course substitutions for electives between both programs. You will complete the PharmD/MBA Advanced Pharmacy Practice Experience, which substitutes for one MBA elective.
Small classes guarantee you’ll receive individualized attention with support from accomplished faculty who deliver high quality courses based on real world experiences. Classes emphasize practical, hands-on applications that make your MBA work in any healthcare career path you choose. The majority of core MBA courses are completed in two summer terms, preventing additional burden during the completion of the PharmD curriculum, and a discounted tuition scholarship is applied to all MBA courses in summer terms.
- Pharmaceutical industry
- Medical/hospital center administration
- Managed care
- Public health service (e.g., FDA, IHS, CDC)
- Professional associations (e.g., APhA, AMCP, ASHP)
- Outcomes research
- Monitoring clinical trials/project management
- Academic administration
- Retail pharmacy administration