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Pacific MBA HC incl PharmD_MBA_02_28_17
1. START HERE. GO
ANYWHERE.
go.pacific.edu/mba
MBA in Healthcare Management (including
PharmD/MBA)
Information session
February 28, 2017
Presenter:
Chris Lozano
Eberhardt School Director of Student Recruitment
clozano@pacific.edu
2. 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?
3. 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?
4. 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
5. MBA Program Tracks
Healthcare Management
Electives 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
6. First Term: Applied Business Principles - 16 month
MBA
Wee
k
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1
5
16
MODULES-17UnitsTotal
MBAOrientation
Mgmt. Info. Systems
MW 4:00-6:30 pm (Online)
IntegratedPresentations
Marketing
TR 3:30-6:00 pm
Managerial Economics
MW 4:00-6:30 pm
Accounting for Managers
MW 12:30-3:00 pm
Finance
MW 12:30-3:00 pm
Data and Decisions
TR 12:30-3:30 pm
Mgmt. & Org. Behavior
TR 12:30-3:00 pm
Career Development
T 10:00-11:30 am
Associate Dean’s Seminar
T 6:30-8:30 pm
7. Final Year Academic Calendar- 16-month MBA
Spring Term
15 units
May-Jun
3 units
Jun-Aug Fall Term
16 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
8. International Experience
Each 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
9. 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
10. 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
11. 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
management
Compensation one year after graduation was found to be 15%
higher than PharmD alone*
MBA can be completed in one additional year in most
programs
Pacific’s MBA offers a healthcare management track
Financial 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.
12. 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+HCCourse-17UnitsTotal
MBAOrientation
Mgmt. Info. Systems
MW 11:00-11:45 am
AssessmentTesting
Mgmt. & Org. Behavior
TR 12:30-3:00 pm
Marketing
TR 12:00-2:30 pm
Accounting for Managers
MW 3:30 – 6:00 pm
Finance
MW 4:00-6:30 pm
Data and Decisions
TR 12:30-3:00 pm
Healthcare Elective
Times vary, typically late morning
Career Development (Not Required for PharmD/MBA)
T 10:00-11:30 am
Associate Dean’s Seminar
T 6:30-8:30 pm
13. Remaining MBA courses for
Pharmacy
Spring Term-
MBA
18 Units*
May-Jun Jun-Aug 2nd year Pharm-
Fall/Spring/Sum.
Term
Healthcare Finance/
Insurance
Strategy
Implementation
Global Marketing
Global Business
Competition
(Units in Spring
Term Registration)*
Recommended
MBA Internship
Healthcare Area
elective
Entrepreneurial
Management
Quality &
Productivity
1 Healthcare Area
Elective
14. 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
15. 1st Term of MBA Year: Applied Business
Principles for Pharmacy + Healthcare Elective
Wee
k
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
MODULES+HCCourse-17UnitsTotal
MBAOrientation
Mgmt. Info. Systems
MW 11:00-11:45 am
AssessmentTesting
Mgmt. & Org. Behavior
TR 12:30-3:00 pm Marketing
TR 12:00-2:30 pm
Accounting for Managers
MW 3:30 – 6:00 pm
Finance
MW 4:00-6:30 pm
Data and Decisions
TR 12:30-3:00 pm
Healthcare Elective (3 Units)
Times vary, typically late morning
Career Development (Not Required for PharmD/MBA)
T 10:00-11:30 am
Associate Dean’s Seminar
T 6:30-8:30 pm
16. 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
Quality & Productivity
Strategic Management
17. 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).
18. APPLICATION ELEMENTS
Step 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
19. 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)
20. Costs for Graduate Business Programs (AY 2016 -17)
Please see the
MBA & MAcc Cost & Financial Aid
Page for the latest Information
21. 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.
22. 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)
24. 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
25. For more information
Call: 209.946.2629
E-mail: mba@pacific.edu
Web: go.pacific.edu/mba
Office: Weber Hall, Suite 206
(Student Services)
Presentation available at
Slideshare.net/clozano67