The MD/MBA dual degree represents a partnership between NYU Stern and the NYU School of Medicine. At a time when the benefits of interdisciplinary academic programs are increasingly evident, the MD/MBA program promises to create new ways of approaching the medical and business issues of the 21st century.
As the medical profession becomes increasingly complex, physicians are no longer engaged solely in clinical care or research. They must also be involved in the business of medicine.
An MBA provides essential management education that facilitates physicians' understanding of the larger impact the business of healthcare has on patient care, as well as how the specific clinical setting in which they work may impact their own patients. An MBA also provides essential skills to physicians contemplating opening a private practice or starting a business. Other career options for MD/MBA students are wide ranging and may include becoming a medical director, a consultant to pharmaceutical companies or a director of a public healthcare agency.