Thinking About a Business Degree?

Thursday, April 16, 2009

Healthcare professionals (especially physicians) who are interested in non-clinical careers often have a strong interest in business. However, they also frequently lack proper education and training in business. How many business majors do you know who went to medical school? Chances are, most of the people who were pre-med were either biology or chemistry majors. Business degrees can improve your market potential and also increase your salary if you find the right position. If you don't think you have time to pursue a business degree, keep in mind that many programs allow you to take a single course at a time. This way, you can take your time and get an MBA over several years. If you're not in a rush, this may be a good option.

I've always wanted to pursue an MBA. In fact, I'm seriously thinking about taking some courses this fall. I need to look at my workload and my schedule to see if this makes sense. I just finished my MPH last year and I would like to have a little break from studying, but if I'm going to take my time to get a business degree, then I'd like to start sooner rather than later. I've been collecting information from several different business schools and researching my options. If I don't start this fall, then I may begin some courses next year.

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Anonymous said...

What about an MPH in Healthcare Management? Isn't that about the equivalent of an MBA geared towards healthcare?

April 17, 2009 3:41 PM
Dr. Joe Kim said...

If you look at the curriculum for an MPH vs. an MBA, you'll see that they are quite different. There is a degree called an MMM (master's in medical management) and that may be more like an MBA. But, if you pursue an MPH, you don't get much business education at all. Nothing about macro/micro economics, nothing about finance, etc.

April 18, 2009 4:43 PM

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Dr. Joseph Kim is the founder of NonClinicalJobs.com, an independent website owned and operated by Dr. Kim. He is also the President of Medical Communications Media, Inc. (MCM). MCM is an education and publishing company that develops continuing medical education activities in joint sponsorship with medical universities, hospitals, and medical associations. Dr. Kim is a digital entrepreneur and technologist who has a passion for health information technology, mobile health, and social media. He frequently speaks at conferences about non-clinical careers for physicians, continuing medical education, mobile health technology, and social media in medicine. Dr. Kim holds a bachelor of science in engineering from the Massachusetts Institute of Technology, a doctorate of medicine from the University of Arkansas College of Medicine, and a master of public health from the University of Massachusetts Amherst School of Public Health.
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