Cincinnati—To educate future health care leaders in both the medical
and economic aspects of health care, UC's College of Medicine and the
College of Business Administration have collaborated to form a new
MD/MBA program. The joint degree will enable medical students to obtain
a master's of business administration degree while they complete their
medical degree. The program will start in June.
The MD/MBA degree
is a five-year program and adds one year on to the traditional
four-year medical degree. Students who are currently enrolled at the
College of Medicine as well as prospective students can apply to the
program. Students will first complete at least two years of medical
school and some clinical experience. During their third year, they will
become full-time MBA students for six months and develop their business
foundation. Then they will complete their final two years of medical
school and take the remaining courses for their business degree.
MD/MBA program will attract high-quality students who are interested in
medicine, but also want to develop a greater understanding of
economics, finance, marketing, and management," says Andrew Filak, MD,
associate dean of medical education at the College of Medicine. "This
combined knowledge will enable our students to become leaders in the
health care industry."
"Tremendous changes have occurred in the
business side of the health care industry, and many physicians realize
that they do not have the management skills to respond to these
changes," says Jim Bast, assistant dean of graduate programs at the
College of Business Administration. "The MD/MBA program will give
future physicians the medical skills to manage the health care needs of
their patients and the business skills to manage their practice or a
health care organization."
This collaborative effort between the
two colleges will continue. The colleges also plan to develop some
health care courses specifically designed for medical students and
business students interested in the health care industry.
MD/MBA program is the latest joint degree program that the College of
Business Administration offers. Joint MBA programs are also offered in
arts administration, law, engineering, and nursing.
of Medicine is among the leading medical schools in the nation. It was
ranked among the top 50 medical school in the country in U.S. News & World Report's
2000 America's Best Graduate Schools rankings and guidebook, and its
pediatric program was ranked as the nation's sixth best. The college is
nationally ranked for its research funding, and its basic science
departments are ranked in the top 10 percent in the nation.
University of Cincinnati College of Business Administration is ranked
among the top 70 in the nation for its MBA program by both Business Week and Time/The Princeton Review. Its faculty has a wealth of experience and is committed to quality teaching and research.