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.