pacific mba hc incl pharmd_mba_02_28_17

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go.pacific.edu/mba

MBA in Healthcare Management (including PharmD/MBA)

Information sessionFebruary 28, 2017

Presenter:

Chris LozanoEberhardt School Director of Student Recruitment

[email protected]

Presenter and Student Introductions Name Undergraduate Major & University Professional Experience and/or

Internships? Reasons for considering MBA- HC

Management One key question you would like

answered this evening?

Key questions about MBA-HC Management

Programs What are the Program options for PharmD/MBA? What is Structure for 16-month Early Advantage MBA?

Application and Admissions Are any admissions tests required? Are there any prerequisite classes for the MBA?

Cost & Financial Assistance What are the costs for the 1 year of MBA in the dual

degree PharmD/MBA ? For 16-month MBA? What types of merit-based financial assistance are

available? Other Areas

What New (job) opportunities would an MBA provide to a Pharmacist specifically? In the HC Industry generally?

Why MBA? GMAC 2016 MBA Alumni Perspectives survey:

89% say FT MBA developed Qualitative analysis skills

87% say FT MBA developed Quantitative analysis skills

82% say FT MBA prepared them for leadership positions

80% say FT MBA prepared them for their chosen career

80% say FT MBA offered me opportunities for quicker career advancement

Professionally, financially, and personally rewarding

Provides access to strong learning community and network

Skills are broadly applicable- 9% of all MBA alumni are working in Healthcare/Pharmaceuticals Industry

*source: 2016 Graduate Management Admissions Council Alumni and Prospective Student Surveys

MBA Program Tracks Healthcare ManagementElectives

typically offered in: Health Finance: Health Insurance; Health Economics;

International Healthcare Systems; Healthcare Law; Health Services Management; and Healthcare Info. Systems

General Management Electives typically offered in: Finance; Marketing; Entrepreneurship; Management &

Human Resources; and Sport Management

http://www.pacific.edu/Academics/Schools-and-Colleges/Eberhardt-School-of-Business/Academics/MBA-Programs/MBA-Specialized-Elective-Areas/Healthcare-Management.html

First Term: Applied Business Principles - 16 month MBA

Week

0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

16

MODULES - 17 Units Total

MBA

Orientation

Mgmt. Info. SystemsMW 4:00-6:30 pm (Online)

Integrated

Presentations

MarketingTR 3:30-6:00 pm

Managerial Economics MW 4:00-6:30 pm

Accounting for Managers MW 12:30-3:00 pm

FinanceMW 12:30-3:00 pm

Data and DecisionsTR 12:30-3:30 pm

Mgmt. & Org. BehaviorTR 12:30-3:00 pm

Career DevelopmentT 10:00-11:30 am

Associate Dean’s Seminar T 6:30-8:30 pm

Final Year Academic Calendar- 16-month MBA

Spring Term15 units

May-Jun3 units

Jun-Aug Fall Term16 units

Corporate Finance Leadership

Global Marketing

Global Business Competition

Required MBA Internship

Corporate Responsibility

Entrepreneurial Management Negotiation

Quality & Productivity

Strategic Management

Track Area Elective

2 Track Area Electives

International ExperienceEach year, the Global Business Competition course travels abroad for a two-week period of intensive instruction and business visits.

2013 - Shanghai and Hong Kong

2014 - Istanbul & Izmir, Turkey

2015 - Toulouse, France

2016 - La Havre, Dijon and Paris, France

2017 - Spain

2008 - Taiwan and Hong Kong

2009 - Panama and Costa Rica

2010 - London, England

2011 - Istanbul, Turkey

2012 - Shanghai and Beijing

http://www.pacific.edu/Academics/Schools-and-Colleges/Eberhardt-School-of-Business/Academics/MBA-Programs/MBA-Course-Offerings/Global-Business-Competition.html

Career Management Services for Full-time Programs

MBA Career Development Module Individual Career Management Planning

with a dedicated career professional Required MBA Internship for 16-month

MBA program Meet the Firms Event for all MBA and MAcc

Students Focus on mastering critical tactical skills

necessary for career success and to manage your career

http://www.pacific.edu/Academics/Schools-and-Colleges/Eberhardt-School-of-Business/Centers-and-Institutes/Career-Management-Center/For-Students/Graduate-Career-Management/MBA-Career-Course.html

LinkedIn: Great Resource for Pacific Eberhardt Network

A few interesting profiles: Riley Moore ’14 MBA- COO, EEZZDATA, Inc.; Elizabeth Harman ’14 MBA-

Product Capabilities Analyst, Blue Shield of CA; David Lee’12 MBA- Product Manager, NC2; and Jonathan “JK” Fujimoto ‘09 PharmD/MBA- Pharmacy Supervisor (OC)- 17 CVS stores

https://www.linkedin.com/edu/school?id=17975

PharmD/MBA Offers Differentiation

Quick fact: Although demand is expected to grow fast (25%+), supply is growing due to more Pharmacy Schools (29%) and therefore more graduates (46% increase from 2004-’11)PharmD/MBA Signals interest, knowledge and commitment to managementCompensation one year after graduation was found to be 15% higher than PharmD alone*MBA can be completed in one additional year in most programsPacific’s MBA offers a healthcare management trackFinancial assistance often available

For more information on PharmD/MBA schedules:go.pacific.edu/pharmd-mba

*source: Impact of a Dual PharmD/MBA Degree on Graduates' Academic Performance, Career Opportunities, and Earning Potential , Elinor Chumney, Kelly Ragucci and Kathy Jones, American Journal of Pharmaceutical Education. April 2008.

http://www.pacific.edu/Academics/Schools-and-Colleges/Eberhardt-School-of-Business/Academics/Graduate-Programs/Full-time-MBA-Programs/Healthcare-Management-Track.html

http://www.pacific.edu/Academics/Schools-and-Colleges/Eberhardt-School-of-Business/Academics/Graduate-Programs/MBA-Programs/PharmDMBA.html



http://www.ncbi.nlm.nih.gov/pmc/articles/PMC2384201/



Traditional PharmD/MBA Option (A): Applied Business Principles for Pharmacy + Healthcare Elective

Week

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

MODULES + HC Course - 17 Units Total

MBA

Orientatio

n

Mgmt. Info. SystemsMW 11:00-11:45 am

Assessment

Testing

Mgmt. & Org. BehaviorTR 12:30-3:00 pm Marketing

TR 12:00-2:30 pm

Accounting for Managers MW 3:30 – 6:00 pm



Healthcare Elective Times vary, typically late morning

Career Development (Not Required for PharmD/MBA)T 10:00-11:30 am


http://www.pacific.edu/Academics/Schools-and-Colleges/Eberhardt-School-of-Business/Academics/Graduate-Programs/Full-time-MBA-Programs/Healthcare-Management-Track.html

Remaining MBA courses for PharmacySpring Term-

MBA 18 Units*

May-Jun Jun-Aug 2nd year Pharm-Fall/Sp

ring/Sum. Term

Healthcare Finance/

InsuranceStrategy

Implementation

Global MarketingGlobal Business

Competition(Units in Spring

Term Registration)*

Recommended MBA Internship

Healthcare Area elective

Entrepreneurial Management


1 Healthcare Area Elective

Alternative PharmD/MBA Option (B)- Begins in Year Two of PharmD

PharmD Fall – Year 2: 1 Healthcare MBA Course

PharmD Spring – Year 2: 1 Healthcare MBA Course

1st Term of MBA Year: Applied Business Principles for Pharmacy + Healthcare Elective

Week

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

MODULES + HC Course - 17 Units Total

MBA

Orientation

Mgmt. Info. SystemsMW 11:00-11:45 am

Assessment

Testing

Mgmt. & Org. BehaviorTR 12:30-3:00 pm Marketing

TR 12:00-2:30 pm

Accounting for Managers MW 3:30 – 6:00 pm



Healthcare Elective (3 Units) Times vary, typically late morning

Career Development (Not Required for PharmD/MBA)T 10:00-11:30 am


Remaining MBA courses for MBA Year

Spring Term-MBA

18 units

May-Jun Jun-Aug

Healthcare Finance/ Insurance

Global Marketing

Global Business Competition

(Units in Spring Term Registration)*

Recommended MBA Internship

Entrepreneurial Management


Strategic Management

How and When to Apply Online Application usually available in late

September for entrance the next year. Key Application Dates

Fall 2017 Round 1 - January 15 (FT Priority Review)

Round 2 - March 1 (FT On time – Priority)

Round 3 - June 1 (FT late rolling)

*Round 3 is considered on-time for Alternative PharmD/MBA for currently matriculated Pharmacy students (Plan B); however, I recommend applying as soon as you have received an interview offer for Original PharmD/MBA Program (Plan A).

APPLICATION ELEMENTSStep 1: Complete Application and Submit Online MBA Application, 2 Personal Statements and

Resume Letters of Recommendation (At least 1

recommended) Application Fee - $50

Tip: Be sure to return to app for verification steps after app fee is paid.

Step 2: Supplemental Documents Official Transcripts from all institutions (incl.

transfer)- Pulled Official GMAT (or GRE) Scores Interview (by invitation only) Be sure to display your

TPP:Talent, Passion, Purpose!

Note: The application fee is waived and transcripts are pulled for current Pacific

students

2016 New FT MBA Student Profile GPA Average: 3.44 (Range 3.10 - 3.72) GMAT Average: 541 (Range 440 - 670) Average Age: 23.4 (Range 21 to 26) Average Experience: < 1 year (Range 0 to

4) International: 13% (Down from 18% in ‘15) Female: 50% (Same in ‘15)

Costs for Graduate Business Programs (AY 2016 -17)

Please see the

MBA & MAcc Cost & Financial Aid

Page for the latest Information

http://www.pacific.edu/Academics/Schools-and-Colleges/Eberhardt-School-of-Business/Admission/MBA-and-MAcc-Admission/MBA-and-MAcc-Cost-and-Financial-Aid.html

Costs for MBA Year for PharmD/MBA (AY 2016 -17)

Tuition- Full-time (2 semesters)* $ 44,068.00

Wellness Center Fee (9+) $ 240.00

ASUOP & Activity Fees (9+) $ 140.00

Travel – Global course (est.)** $ 3,500.00

Books & Personal (est.)** $ 5,000.00

TOTAL COSTS $ 52, 948.00

* MBA Courses taken in PharmD may require overload at Pharmacy Tuition Rates

**Costs may vary by location and required texts/cases.

Scholarships and Assistantships Eberhardt Merit Scholarships

Joseph Kaeslin Memorial Endowed Scholarship Edward M. Nagel Scholarships Robert and Frances Ferguson MBA Endowed Scholarship Credit Bureau of San Joaquin Endowed Scholarship Marian & George Malloy Endowed MBA Scholarship

PharmD/MBA Merit-Based Scholarship Long Foundation(s) scholarships for PharmD/MBA Students

MBA Merit-Based Graduate Assistantships 1/3 Tuition Assistantship 1/2 Tuition Eberhardt Scholars Assistantship

Private Scholarships ACHE – Albert W. Dent and Foster G. McGaw scholarships

(ache.org.Students)

Time for some Q & A

Why the Eberhardt Graduate Programs ?

AACSB accredited programs – Only 5% worldwide are accredited Pacific is #8 in CA in Salaries earned by alumni in College Scorecard Top Tier of Business Schools

Listed in Best 296 Business Schools by Princeton Review

Accelerated Programs 16-month Full-time Early Advantage MBA, 9-month MAcc

International study experience in 16-month MBA

Dedicated Eberhardt Career Management staff

Strong Alumni Network

Small Interactive Classes (Average - about 20)

Dual & Cooperative Programs: JD/MBA & PharmD/MBA

For more information

Call: 209.946.2629

E-mail: [email protected]

Web: go.pacific.edu/mbaOffice: Weber Hall, Suite 206

(Student Services)

Presentation available at Slideshare.net/clozano67

mailto:[email protected]

START HERE. GO ANYWHERE.

go.pacific.edu/mba

Thank You for attending today’s information

session!