MBA/MD

MBA/MD

Doctor of Medicine (MD) and Master of Business Administration (MBA)

A collaboration between Cooper Medical School of Rowan University & Rowan University’s Rohrer College of Business (RCB).

MD/MBA Degree Overview

  • Develop a business view of the health care and medical industries.
  • Build and manage medical practices and/or other business endeavors.
  • Establish productive and mutually beneficial working relationships with insurance companies, laboratories, hospitals, and other corporate partners.
  • Assume leadership positions within for-profit and not-for-profit organizations (e.g., executive positions within insurance companies, pharmaceutical companies, hospitals, governmental organizations, professional societies, and more).
  • Manage, motivate, and lead staff, health services teams, community members, and other stake holders.
  • Analyze and build personal and corporate financial wealth.
  • Understand the complexities and implications for making financial and managerial decisions.
  • Invest time and resources using conceptually sound business decision-making practices.
  • Analyze and refine promotion and marketing strategies.

Accelerated MD/MBA Program Benefits

  • Cooper Medical School MD students in good standing are guaranteed acceptance into Rowan University's MBA Program.
  • Rowan University accepts 9 graduate-level elective credits into Rowan University's MBA Program (leaving only 11 courses / 27 graduate credits to complete the MBA).
  • Rowan University provides MD students the opportunity to complete all MBA coursework within a 9-month period.

Candidate Logistics

  • Candidates must apply to and be accepted by the Cooper Medical School MD and the Rowan MBA programs.
  • Typically MD students will pursue MBA studies after completion of the second or third year of MD studies—be sure to work with Alisa Peet at Peet@rowan.edu, Associate Dean for Program Development & Continuous Quality Improvement, on planning timelines.
  • Students should plan on completing all Foundation course (undergraduate) credits prior to beginning the MBA graduate-level work; this is often done during the summer between the first and second year of MD studies. See the Graduate Business Program Foundation Fact Sheet for the most convenient options for satisfying these requirements.
  • The expectation is that students will complete the Accelerated MD/MBA degree program within five years.
  • The time between a student’s first MBA course and their final MBA course may not exceed 6 years.

Streamlined MBA Application Process

  • Apply to the MBA using the Rowan Global Application Form
  • Once you’ve submitted all required components of your MBA application, please send an email to GraduateBusinessStudies@rowan.edu including your full name, phone number, student ID, and a statement that you would like to be considered for the expedited review process for the Accelerated MD/MBA Program.

Flexible Schedule and Delivery

  • MD/MBA students can choose from course format options including:
    • On the main campus in Glassboro (Fall and Spring)
    • Online (Fall, Spring, and Summer)
  • Formats and courses offered will vary by year and semester, so students will work with the Office of Graduate Programs in Business to select an optimal schedule based on preferences and availability.

MBA/MD Curriculum

Pre-MBA Foundational Business Knowledge

Pre-MBA Foundational Business Knowledge

In order to ensure all students are equipped with key baseline and foundational business knowledge (typically undergraduate level work) for graduate-level coursework in business, Rowan requires all students to satisfy a set of Foundation requirements in the following content areas:

  • Calculus
  • Statistics
  • Accounting (Financial and Cost)
  • Economics (Micro & Macro)
  • Marketing
  • Finance
  • Operations Management

Typically, students with an undergraduate degree in business will have satisfied many of these course requirements. Students can begin in the MBA program prior to satisfying all Foundation requirements. However, these requirements must be satisfied early in the program to maintain forward momentum towards degree completion.

There are many ways that students can satisfy Foundation requirements: affordable self-paced online modules, non-credit tests, equivalent courses from their undergraduate studies, online or face to face courses at your local community college or 4-year institution, and of course online or face to face at Rowan University. See the Foundation Fact Sheet for details on requirements plus options to consider so that your pursuit matches your learning style, timeline, and budget. 

Sample Curriculum and Course Sequence for MBA Program

Sample Curriculum and Course Sequence for MBA Program

Fall Semester:

  • MGT 06567 Responsible Leadership: Aligning the Interests of Stakeholders, Profit and Planet (1.5 credits)
  • MGT 06515 Employee Engagement and Performance (1.5 credits)
  • MIS 02501 Information Systems for Managers (1.5 credits)
  • MKT 09.511 Marketing Management​ Fundamentals (1.5 credits)
  • ACC 03500 Managerial Accounting (3 credits)
  • General/Concentration Elective (1.5 or 3 credits depending on chosen course)

Spring Semester:

  • MGT 06629 Managing Organizational Strategy (3 credits)
  • FIN 04500 Financial Decision Making (3 credits)
  • MGT 07550 Operations Analytics (3 credits)
  • General/Concentration Elective (1.5 or 3 credits depending on chosen course)
  • General/Concentration Elective (1.5 or 3 credits depending on chosen course)
Most MBA courses are 3 credits each, but the MBA core curriculum includes four 1.5 credit courses. Traditional MBA students would also complete six elective or Concentration courses (18 credits), but MD/MBA candidates may select three courses from the MD curriculum for the Office of Graduate Programs in Business to consider and approve to satisfy 9 credits of the MBA elective requirements. MD/MBA candidates would then complete three general or concentration electives (9 credits) to complete the MBA elective requirements. 

MBA Fellowship in Medicine

MD-MBA candidates are also encouraged to consider applying to the MBA Fellowship in Medicine. MBA Fellows in Medicine are employed full time while studying part-time, enjoy scholarship funding, engage in professional development opportunities that fuel the transition from specialist to strategist, and begin to bring ideas to life for leveraging medical and business expertise to better support patients, patients’ families, local communities, and fellow professionals in medicine. 

MBA Fellowship - Medicine

Get In Touch

Logistics for utilizing a “break year” in MD studies for pursuing the MBA

  • Alisa Peet, MD
    Associate Dean for Program Development and Continuous Quality Improvement
    Peet@rowan.edu

Logistics and mechanics of the MBA application process

  • Tendai Vengesa, Assistant Director of Global Admissions
    Rowan University
    vengesa@rowan.edu | 856-256-5145

Academic program questions for MBA

  • Jennifer Maden, Assistant Dean and Director
    Jason Salvatore, Program Coordinator
    Rohrer College of Business Graduate Programs at Rowan University
    GraduateBusinessStudies@rowan.edu | 856-256-4024

Information Sessions

During our Program-Hosted Info Sessions, you'll learn about curriculum options, how our programs fit into a variety of career paths, admissions requirements, tuition and financial aid, and other important points for your planning and decision-making needs.

Why Pair the MBA with a Degree in Medicine?

MBA Alumni Nathan Carroll says it best, “The better you know how to use business as a tool, the better you’re able to serve your patients. The better you’re able to understand the financial implications in the decisions that you’re making, the better you can serve your patients.” Click the link below to read his story about the impact an MBA has had on his perspective and his medical career. 

MBA Alumnus and Medical Student Nathan Carroll