University of Rochester Announces M.D./M.B.A. Program
Program Represents Alliance Between Simon School and School of Medicine and Dentistry
September 23, 1998
In an effort to educate a new generation of health care leaders expert in both the medical and economic aspects of health care, the University of Rochester has announced its intention to establish an M.D./M.B.A. program. The program is the product of a collaboration between the William E. Simon Graduate School of Business Administration and the School of Medicine and Dentistry at the University of Rochester.
The University's M.D./M.B.A. program offers students an opportunity to achieve both degrees within five calendar years - one year less than the time needed to complete both degrees independently. The program differs from other M.D./M.B.A. programs in curriculum design; candidates spend their first year in the program as full-time M.B.A. students at the Simon School. During the second and third years, they are full-time medical students, but spend the summer between those two years participating in a health care administration internship, assigned to an accomplished mentor working in health care administration. The final two years intersperse advanced business classes with the medical school elective curriculum.
"This program will accept a very select group of individuals with great promise and academic credentials, and train them to be able to shape the future of our health care system as leaders of major health care enterprises," said Edward M. Hundert, M.D., senior associate dean for Medical Affairs at the University of Rochester School of Medicine and Dentistry. "This presents an opportunity for us to bring to health care physician leaders who also possess business acumen."
"The changes in health care delivery are forcing physicians to pay much greater attention to economic realities," says Ronald W. Hansen, associate dean for academic affairs at the Simon School. "Many of them are finding they lack the requisite management skills to respond to these changes. The new Simon M.D./M.B.A. program will train the next generation of physicians to manage in the best interests of patients, health care organizations and the medical community."
The new M.D./M.B.A. program follows the Simon School's announcement in 1997 of a unique M.B.A. concentration in Health Care Management, among the first of its kind to focus primarily on management issues. The concentration is unique in that it helps students to understand how incentives influence and alter behavior among different entities in health care. Meanwhile, in the fall of 1999, the University of Rochester School of Medicine and Dentistry will introduce its innovative Double Helix Curriculum which integrates instruction in basic science and clinical medicine throughout the four-year curriculum.
Subject to New York State Education Department approval, the first class of M.D./M.B.A. candidates will start in September of 1999.
The Simon School consistently ranks among the top 25 U.S. graduate schools of business in rankings such as those published by Business Week and U.S. News & World Report. With one of the most highly regarded faculties in the country, it is one of the nation's premier research institutions. The School, recognized for its leading scholarship in management, employs a distinctive approach to business education because of its flexibility, innovation, youth, size, global outlook and vision.
The University of Rochester School of Medicine is among the top medical schools nationally, with particular strengths in neurology, neurobiology, infectious diseases and pediatrics. In 1998, U.S. News & World Report ranked the University of Rochester as the nation's third best medical school for primary care. Research leading to breakthroughs in the treatment of cancer and Parkinson's disease, the survival of premature infants, and the prevention of childhood bacterial meningitis caused by hemophilus influenzae, are among its noted achievements.
Application forms for the M.D./M.B.A. program are available from John Hansen, Professor of Neurobiology and Anatomy, University of Rochester, School of Medicine and Dentistry, 601 Elmwood Avenue, Box 603, Rochester, N.Y. 14642-8603; or by e-mail at John_Hansen@urmc.rochester.edu.
More information about the Simon School on the WWW: www.ssb.rochester.edu