MBA/MD

A Great Option for Doctors with Leadership Goals

The Master of Business Administration / Doctor of Medicine (MBA/MD) is offered as a dual degree, administered jointly by the School of Medicine (MED) and the School of Management (SMG). This degree is designed for those students specifically interested in the business aspects of medicine.

Key Facts

Alumna Sohini Stone on the advantage of the MD/MBA

Sohini Stone (MD/MBA ’08) discusses how she decided to enroll in the dual-degree MD/MBA program. While completing her residency in pediatrics, Sohini hopes to use her MBA to take on an administrative role in operations or quality management at a pediatrics hospital.

Number of credits: 46 MBA credits in addition to the full 4-year MD curriculum
Number of years to complete: 5 years
Full-time or part-time: Full-time only
Deadline to apply:

  • School of Medicine: March 1
  • School of Management: Round 1 – October 16, Round 2 – January 8


Program Requirements

Students will complete the first three years of the medical school curriculum, then spend their fourth year fully integrated into the MBA program at the School of Management within the Health Sector Management Program. During this fourth year, they will take 36 credit hours of management courses, with an emphasis on health sector issues. Multiple aspects of the sector are addressed, including health care delivery, the life sciences industry, and health information technology. In their fifth year, students will complete their remaining medical courses and 10 management course credits at SMG. The MD degree is awarded by the School of Medicine and the MBA degree in Health Sector Management is awarded by the School of Management.

To earn both degrees, students must successfully complete the required classroom and clinical coursework for the MD degree, the required coursework for the MBA degree, and a 400-hour internship. Students must earn the grade of Pass or Honor in all MED courses and must maintain a grade point average of 2.7 (on a scale of 4.0) in MBA courses.

A key aspect of the MBA/MD is the internship requirement. All students who wish to complete this dual degree are required to do a 400-hour field placement in a health sector organization. Typically this is achieved during the summer between the fourth and fifth years of the degree. The summer internship helps you develop connections and expertise that are crucial for your career search.


Curriculum Map

SUMMER (Two 4th Yr MD Blocks) FALL (18 MBA Credits) SPRING (18 MBA Credits) SUMMER (No MBA Credit) FALL (Op. 1: 4 MBA Credits; Op. 2: 1 MBA Credit) SPRING (Op. 1: 6 MBA Credits; Op. 2: 9 MBA Credit)

Mid May – Early June

Step 2 Exam

Prepare and sit for CK portion, and ideally for CS portion, of Step 2 Boards

ES700 Executive Presentations (1 Credit)

ES701 Executive Written Communication (1 Credit)

Option 1: Required Health Sector Internship Minimum 400 hours (0 Credit) ES743 Career Community III (1 Credit) Option 1: HSM Elective (3 Credits)

Block 9

One of four 4th Year required rotations

ES740 Career Management (2 Credits) PL700 Current Topics in Law and Ethics (2 Credits) Option 2: Use Blocks 9, 10, 11 to complete away rotations and the final two of four 4th Year required rotations (this option would be used in conjunction with Option 2 in the Fall) Option 1: HM710 Health Service Delivery (3 Credits)

OR

 

HM717 Drugs, Devices, and Diagnostics (3 Credits)

Block 12-15-combo of required, elective, vacation blocks

HSM Elective* (3 Credits) *This course is customarily waived based on the epidemiology credit earned as a component of the MD, resulting in 43 total MBA credits.

Blocks 16-20-combo of required , elective, vacation blocks

Block 10

One of four 4th Year required rotations

ES741 Career Community I (0 Credits) ES742 Career Community II (0 Credits) Option 2: Use Blocks 12, 13, 14, 15 to complete away rotations and the final two of four 4th Year required rotations (this option would be used in conjunction with Option 2 in the Summer)

Option 2: HSM Elective (3 Credits)

HSM Elective (3 Credits)

Required HSM Internship Minimum 400 hours (0 Credits)

HSM Elective* (3 Credits) *This course is customarily waived based on the epidemiology credit earned within the MD

Required MBA Pre-Term begins Mid-August OB713 Leading Organizations and People (3 Credits) IS710 IT Strategies for a Networked Economy (3 Credits)
FE721 Financial Management (3 Credits) OM725 Creating Value Through Operations and Technology (3 Credits)
MK723 Marketing Management (3 Credits) FE727 Economics and Management Decisions (3 Credits)
AC710 Financial Reporting and Control (3 Credits) SI750 Competition, Innovation, & Strategy (3 Credits)
QM716 Data Analysis for Managerial Decision-Making (3 Credits) HM703 Health Sector Issues and Opportunities (3 Credits)

Purple: MBA; Green: MA; Orange: HSM


Learning Goals

 

Master of Business Administration

Learning in the MBA program is heavily experience and team-based, emphasizing the higher levels of Bloom’s taxonomy (particularly analysis, synthesis, and evaluation in the cognitive realm), and cuts across traditional educational categories. In the first semester of the full time program, student teams are formed and engage in projects that combine application of content from multiple courses, culminating in competitive presentations and products. There is also a major simulation carried out by a separate set of teams that lasts several days and mimics iterative decision-making in the real world. Courses are heavily interactive, and cases are widely used in the classroom.

MBA Learning Goals

The learning goals of the MBA program have been adopted by the MBA Program Development Committee as the competencies all graduates of the program should attain. From these learning goals the program has developed measurable objectives, which are regularly assessed and results are fed back into the curricular process.

Specifically, the learning goals of Boston University’s MBA program are as follows:

  • We develop graduates with self-awareness and strong career management skills
  • We develop graduates who can apply integrative leadership, have strong communication skills, and can perform well and contribute appropriately on teams
  • We develop graduates who understand the strategic implications and application of technology within business
  • We develop graduates who possess a management-systems perspective. Graduates will have an understanding of core, functional, business knowledge; and will be able to successfully apply critical and analytical thinking within a management-systems perspective
  • We develop graduates who possess an ethical, global, perspective


Tuition

While students are attending both the School of Medicine and SMG, they pay only one set of tuition. During years one, two, three, and five students pay MED tuition. During year four students pay GSM tuition. However, if a student exceeds 18 credits in a given semester, he or she will be charged additional tuition.

Students with merit-based scholarships from the School of Medicine should not expect scholarship awards from SMG as well.


Careers


 

The MBA/MD: Flexibility, Career Development, and Mentoring

Dr. Steve Ober discusses the purpose and benefits of the MBA/MD dual degree program, including the need for physicians to understand the business side of medicine in an increasingly complex healthcare delivery environment.

Recipients of this degree generally intend to practice medicine, but have long-term entrepreneurial or management interests that they want to pursue simultaneously with, or subsequent to, their clinical careers.


Admission Process

Students not already in the Medical School who are interested in the MBA/MD should submit completed applications to both the School of Medicine and the School of Management. Within both applications, the applicant should express his or her interest in this particular dual-degree program. Regardless of the deadline you choose to meet, please be sure to submit your applications to each school at the same time.

It is also possible for students to apply for the MBA/MD program after they have begun medical school. Such students should email the admissions office to express their interest.

To view required essays and the admissions checklist for the School of Management, visit the Admissions Process page.

Please note: The GMAT or GRE is required by the School of Management. The MCAT may not be substituted for the GMAT or GRE. Please see the application process page for the School of Medicine and the Graduate School of Management.


Contact Us

Contact the School of Management at (617) 353-2670 or contact the School of Medicine at (617) 638-4630 for program-specific questions. We’re also available on chat through MSM/AIM/Yahoo/Google Talk; our screen name is BostonUMBA.