As the business of medicine evolves with health care reform, physicians with an MBA will be ahead of the curve.
Learn the complex dynamics of the business of medicine and develop the toolkit necessary for eventual roles as physician executives or leaders. The School of Management and the Jacobs School of Medicine and Biomedical Sciences offer an MBA collaborative program for residents and fellows who are in UB Graduate Medical Education-sponsored or affiliated programs.
You can complete the program in approximately three semesters and receive an MBA degree during your residency/fellowship training. You will receive a reduction of 15 credits off the usual required 60 in recognition of working on the residency.
Be Career Ready
- Apply analytical skills to understand the delicate balance between patient outcomes and efficiency
- Develop effective leadership, teamwork, critical thinking and communication skills
- Develop practical financial management skills
- Understand the inter-related role of health care policy development, facility management and strategic planning
- Immerse yourself in the diverse community of full-time MBAs
- Network with alumni and leaders from the top health care organizations around the country through the school’s active Health Care Advisory Panel
Timeline
To participate in the Resident/MBA program, you need to have completed your first year of residency, and must be able to complete the MBA coursework before completion of your last year of residency.
- In a three-year resident program, enter the MBA program in fall of the second year of residency, and complete the MBA coursework by the end of year three
- In a four-year resident program, enter the MBA program in fall of the second or third year of residency, and complete the MBA coursework by the end of year four
- In a five-year resident program, enter the MBA program in fall of the second, third or fourth year of residency, and complete the MBA coursework by year five
Admissions
You must currently be in a residency or fellowship program in the UB Office of Graduate Medical Education AND separately apply to the School of Management. As a Resident/MBA, you are not required to take the GMAT or the GRE.
Total Hour Requirement
Search School of Management courses and descriptions.
MBA Year One - Fall
MGA 603LEC Financial Acctg for Managers
Credits: 2.00
Semesters offered: Fall 2019
MGB 610LEC Organizational Behavior
Credits: 2.00
Semesters offered: Fall 2019
MGB 611LEC Team Skills
Credits: 1.00
Semesters offered: Fall 2019
MGF 611LEC Financial Analysis for Managers
The purpose of this course is to study the financial decisions of the firm. Specifically, the course develops a theoretical framework which is then used to understand and evaluate corporate financial decisions. Topics include present value, capital budgeting techniques, the relationship between expected return and risk, market efficiency, dividend policy, capital structure policy, financial planning, and the management of working capital.
Credits: 2.00
Semesters offered: Fall 2019
MGO 658LEC Entrepreneurship Foundations
This course will expose students to entrepreneurship in the context of the individual entrepreneur as well as taking the idea of entrepreneurial thinking into the environment of larger corporations. We will first experience what it takes to create a start-up; briefly examining the process of real-life entrepreneurs have used to move from having the "big idea" to the eventual company launch. During this time, we will explore the importance of teams, the process of risk mitigation, the concept of "fail-fast," the need for a relentless focus on customer buy-in and the important process of spiraling iteration. Next, we will move our focus to applying entrepreneurial thinking within the large corporate environment; considering the importance of entrepreneurial development within a company as a sustainable competitive advantage. And finally, we will look at individuals and companies that use their business skills to create innovative solutions to specific societal problems (social entrepreneurship). Together, we will discover the mindset that many entrepreneurs share.
Credits: 1.50
Semesters offered: Fall 2019
MGG 635LEC Management Communications
The purpose of this course is to emphasize the importance of effective communication techniques in an organizational setting and to provide grounding in communication skills. Team communication skills are also emphasized. Students will have the opportunity to understand leadership and communication strategies, and develop their writing skills through several assignments and class activities. Focus will be placed on improving students¿ ability to communicate clearly, logically and effectively. Students will have the opportunity to develop oral skills primarily through active learning.
Credits: 1.50
Semesters offered: Fall 2019
MGM 615LEC Marketing for Managers
Credits: 2.00
Semesters offered: Fall 2019
MGQ 608LEC Statistical Analysis for Managers
Credits: 2.00
Semesters offered: Fall 2019
MGQ 609LEC Analytics for Managers
This course serves as a companion course for (and is taken in conjunction with) Statistical Analysis for Managers.
Credits: 1.00
Semesters offered: Fall 2019
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To learn more about Graduate Medical Education, visit the Jacobs School of Medicine and Biomedical Sciences.