Evolving Healthcare Landscape
Future leaders in medicine must excel as clinicians as well as managers in the complex and rapidly evolving environment that now dominates health care. A growing number of medical students are complementing their medical education with MBA degrees.
Students who choose the MD/MBA option often plan careers with both administrative and clinical responsibilities. Whether your goal is medical director of a hospital or manager of a medical group, having the tools and language of business strengthens your ability to bridge the clinician role and the business side of healthcare. MD/MBA holders can operate their clinics more effectively, run a healthcare organization, manage a research project, or advocate for their patients and work to fix the healthcare system.
The School of Medicine is partnering with the internationally recognized A. B. Freeman School of Business to offer medical students two options for completing a joint MD/MBA program. These opportunities allow students to complete both degrees more rapidly than when done separately. Students completing an MD/MBA program are expected to have the skills and experiences to function as physician leaders in healthcare. Students who choose the MD/MBA option often plan careers with both administrative and clinical responsibilities.
In both MBA programs, students take 48 credit hours at the Freeman School. In the Knowledge Core, classes teach business fundamentals including leadership, management, operations, accounting, statistics, and analytics. In modules on the Practice of Management, students get hands-on business experience. Students take elective courses in the Freeman School to further their education in areas of finance, strategic management and leadership, marketing, analytics, and entrepreneurship.
Students develop the ability to identify, critically analyze and solve business problems, and gain a comprehensive understanding of broad business processes and models, together with the ability to analyze opportunities for and likelihood of success of organizations operating in various environments.
4-Year Program for Newly Admitted MD Students
In the accelerated business curriculum of the four-year program, students take courses at the Freeman School of Business in the summer prior to and the summer at the end of the first year of medical school. Students then complete their business education throughout the remainder of their time at the medical school. Participants take some courses together with Freeman students in the part-time, Professional MBA (PMBA) program, benefiting from their work experience and the opportunity to collaborate on projects with non-clinicians.
Students who have been admitted to the Tulane Medical School they will be contacted with additional information about this program.
5-Year Program for Current MD Students
Students in the five-year combined program save a year of training when compared to getting both degrees separately. Students apply to the combined program during the fall of their third year of medical school. Accepted students spend the fourth year of the program in the Freeman School. The fifth year is divided between the School of Medicine and the business school, with the spring semester focusing on business coursework. Unique to this MD/MBA program is a global leadership component, which includes international travel to provide real-world learning. The five-year program is a good option for currently enrolled medical students, and those who do not wish to pursue the intensive summer format of the four-year program.
Medical students interested in pursuing the five-year joint program can find additional details and a link to the application on the MBA website: http://mba.tulane.edu/overview.php
MBA for Practicing Physicians
Practicing physicians also have an opportunity to earn an MBA. The Tulane Professional MBA (PMBA) Program shares the same curriculum, faculty, and quality with the Full-Time MBA Program, but has greater convenience for working professionals. Students complete 54 credit hours over a three-year time span, attending classes part-time in the evenings.
For more details about the PMBA program:http://pmba.tulane.edu/develop.php
The Tulane University School of Medicine, in conjunction with the School of Public Health and Tropical Medicine, offers combined, or dual, degree programs. Medical students may earn either the MPH, MSPH, MPH&TM or PHD degree while studying for their medical degree.
The masters degree in public health or in tropical medicine requires a student to be enrolled in both the School of Medicine and the School of Public Health and Tropical Medicine. These combined degree programs are designed as four year programs, thus allowing medical students to complete both the public health and medical degrees in the same four years. While not required, students interested in studying in either of these combined degree programs are encouraged to begin their public health studies during the summer prior to entry into medical school. Additional information can be obtained from the MD/MPH program office.
Students interested in earning the PhD and MD degrees must enroll in both the Graduate Program in Biomedical Science and the School of Medicine. There are two programs leading towards the PhD degree: MD/PhD Dual Degree Program and the Physician/Scientist Program (PSP).
Entry into the PSP requires students to be accepted in both doctoral programs prior to beginning their medical studies. Two students, with exceptional academic credentials and prior research experience, will be accepted into this program each year. Accepted students receive a fellowship that covers medical and graduate school tuition costs. In addition, during the Graduate School portion of their studies, the students will receive a stipend. Accepted students should be prepared to begin their graduate studies during the summer prior to entry into medical school. It is mandatory that accepted students complete both the PhD and MD degree.
The MD/PhD Dual Degree Program can be entered into anytime after beginning medical school studies, but it is suggested that interested students apply for entry into the Graduate Program no later than prior to the beginning of their third year of medical studies.