Friday, July 2, 2010

The MD/MBA Dual Degree: Then What?

Given that more medical schools are offering a combined MD/MBA degree, what do these graduates do when they finish?  Let's take a look at some recent data from this study, "A retrospective look at MD/MBA graduates in their careers and experiences with MD/MBA dual degree training."  These results were presented as a poster at the last Annual MD/MBA Conference. The authors included:

Joshua T. Goldman, MD/MBA 2010 | Robert J. Wallace, MD/MBA | University of Southern California | Keck School of Medicine

Here are a few snippets from their research:

Graduate Satisfaction

Our study shows that the MD/MBA degree is considered useful and delivers a significant return on investment for MD/MBA graduates currently in the workforce. The overwhelming majority of MD/MBA graduates complete residency training and go on practice medicine in their career.  MD/MBA graduates tend to receive higher starting salaries in their careers due to their leadership roles in organizations and ancillary business ventures than traditional physicians.  Additionally, the majority of respondents are very satisfied with their careers and their lifestyles.  Drawing on their feedback regarding the most useful aspects of their training as well as the deficits in their business education, MD/MBA Program Directors can better customize the curriculum of the combined degree in the future.

Click here for all the details from this study.

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