An Entire Week as an MD-MBA Student!

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More information about this video is below (including a compiled list of MD-MBA programs)!

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In this video, I show you a day in the life of an MD-MBA Student. If you are new, WELCOME! My name is Prerak Juthani, and I am an MD-MBA student here at Yale University. I've enjoyed doing a bit of medicine and business as I've worked toward both degrees. Insights into the MD-MBA degree are listed below, if you are interested!

What is an MD-MBA?
The joint MD/MBA degree program develops physician managers capable of pursuing careers that balance clinical care with managing change in a tumultuous healthcare environment. Yale's website mentions: "Most joint-degree students spend the first three years at the Yale School of Medicine; the fourth year at Yale SOM, during which they take the integrated MBA curriculum; and the fifth year taking electives at both schools."

At Yale, the admissions are rather unique. Admissions insights: "students must be admitted to the Yale School of Management and and the Yale School of Medicine independently. Applicants may apply to Yale SOM during their their third year at the School of Medicine, or apply to the School of Medicine during their first year at Yale SOM."

How long is an MD-MBA?
Most M.D./M.B.A. joint programs are five years: three years of medical school, a fourth year in business school, and a fifth year that's a combination of both.

Why Should You Consider an MD-MBA?
An M.D./M.B.A. degree is a program of study designed for students interested in pursuing the study of medicine, while gaining expertise in the financial, managerial, and technical realms of healthcare. The program equips its students with the tools to become highly competent physician leaders.

What should I look for in business schools as an aspiring MD/MBA?
Based on the following source (https://medium.com/@sofia.warner/applying-to-md-mba-programs-e23788419810): The first thing I’d consider if you’re already in medical school, is the business school affiliated with your medical school. That’s usually the easiest option. Is there an official program or would you have to chart your own path?

If your medical school isn’t affiliated with a business school, then you’ll probably be casting a wider net with your applications. There are great business schools across the country, perhaps not too far from your medical school. Or maybe you’re excited by the possibility of living somewhere new for 2 years. Most importantly, figure out when it makes the most sense for you to take a break from your medical school studies to attend business school.

Is the MD-MBA gaining in popularity? (https://joinatlantis.com/blog/md-mba/)
The program’s popularity has dramatically increased as stakeholders have recognized the importance of such business topics as marketing and personnel management. Over the past decade, the number of M.D./M.B.A programs has skyrocketed from merely six to more than 65. The University of North Carolina, Harvard University, and the University of Pennsylvania are among the schools offering this option.

What schools offer MD-MBA programs?
For a more inclusive list of all the schools that provide the dual degree
http://www.mdmbaprograms.org/md-mba-programs/

How Admissions Works:
The # of students who apply to MD-MBA programs varies and also depends on the institutions themselves. For instance, each year, 8-12 students from Penn’s Perelman School of Medicine apply for an MD-MBA, and the acceptance rates fluctuate based on the quality of the applicants. Before we dive into the required components of an MD-MBA degree, you need to understand how the medicine and business application portions occur. At Johns Hopkins’ MD-MBA program, applicants have to meet the admissions criteria of the School of Medicine and be admitted to the MD program first. If they are accepted by the medical side, the admissions committee then forwards the file to the MBA admissions office to review their fit for the MBA program. If they meet the criteria, the candidate receives their decision from the dual-degree program before they start either school. If they don’t meet the MBA criteria, they do get an acceptance from the medical school.
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Management
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