MD/MBA
MD/MBA
Accelerated Pathway for Doctor of Medicine (MD) and Master of Business Administration (MBA) Degrees
A collaboration between Cooper Medical School of Rowan University (CMSRU) & Rowan University’s Rohrer College of Business (RCB).
MD/MBA Degree Overview
- Gain a business perspective of healthcare and medicine.
- Develop skills in leadership for positions within for-profit and not-for-profit organizations (e.g., health systems, hospitals, governmental organizations, professional societies, and more).
- Acquire skills to manage, motivate, and lead health services teams, community members, administrative teams, and other stakeholders.
- Understand the complexities and implications for making financial and managerial decisions.
- Learn how to invest time and resources using conceptually sound business decision-making practices.
- Learn to analyze and refine promotion and marketing strategies.
- Gain the skills to build and manage medical practices and/or other business endeavors.
- Develop skills to establish productive and mutually beneficial working relationships with insurance companies, laboratories, hospitals, and other corporate partners.
Accelerated MD/MBA Program Benefits
- CMSRU students in good academic standing and approval from the CMSRU Program Development Committee are guaranteed acceptance into Rowan University’s MBA Program as a part of the Accelerated MD/MBA program.
- Rowan University accepts 9 graduate-level elective credits from the MD curriculum into Rowan University's MBA Program (leaving only 11 courses / 27 graduate credits to complete the MBA).
- Rowan University provides CMSRU students the opportunity to complete all MBA coursework within a 9-month period (2 semesters).
Candidate Logistics
- Candidates must apply to and be accepted by CMSRU and then apply to the Rowan Accelerated MD/MBA program. They should apply for the MBA program during the spring of the year they plan to start the MBA program.
- CMSRU students will pursue their MBA studies after completion of the second or third year of MD studies and will take a leave from CMSRU to complete this work. Students must have successfully completed Phase 1 and passed Step 1 before starting the MBA program.
- Students must meet with their advisor and the Associate Dean for Program Development & Continuous Quality Improvement to discuss applying for the MD/MBA program. They must have a letter of approval from their advisor.
- 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.
- Students must have completed all required Foundation course (undergraduate) credits for the MBA program prior to beginning the MBA graduate-level work; if needed, students often complete courses 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
- Waived: application fee, undergraduate transcripts, GRE/GMAT scores, and letters of recommendation
- Required: Current CV; confirmation of good academic standing at CMSRU (request verification from cmsruregistrar@rowan.edu to be sent to GraduateBusinessStudies@rowan.edu); confirmation of approval from college advisor and Associate Dean for Program Development & Continuous Quality Improvement
- 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 (Summer, Fall, and Spring)
- 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 Sample Curriculum and Course Sequence for MBA Program
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
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.
Get In Touch
Logistics for utilizing a “break year” in MD studies for pursuing the MBA
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Alisa Peet, MDAssociate Dean for Program Development and Continuous Quality ImprovementPeet@rowan.edu
Logistics and mechanics of the MBA application process
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Tendai Vengesa, Assistant Director of Global AdmissionsRowan University
vengesa@rowan.edu | 856-256-5145
Academic program questions for MBA
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Jennifer Maden, Assistant Dean and Director
Jason Salvatore, Program CoordinatorRohrer College of Business Graduate Programs at Rowan University
GraduateBusinessStudies@rowan.edu | 856-256-4024
Information Sessions
During our Program-Hosted Info Sessions, you will learn about curriculum options, how our programs fit into a variety of career paths, admissions requirements, tuition and more.
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.
