We came across an interesting article discussing the potential benefits of an MBA education for physicians. The article is primarily focused toward students, but the key points are relevant to physicians at all phases of their careers, including those interested in career change, non-clinical careers, consulting, and entrepreneurism. There are also numerous helpful links to programs.
From the article:
“Attending an MD/MBA program may not have been a thought that crossed the minds of many medical students in the past, but physicians today are more aware of how business and managerial know-how can benefit their healthcare careers. And, over the past 30 years, in particular, the landscape has changed, and the number of MD/MBA programs and graduates has dramatically increased.
“If you plan to start your own practice, an MD/MBA might not be worth the money. A few inexpensive business classes and some experience may be all the business training you need. But if you’d like to become a hospital administrator or CEO someday, earning an MD/MBA could help set you apart from other candidates.
“Why have some MBA programs for physicians become so popular? How do these programs differ? And are they worth the cost? We answer those questions and highlight the top MD/MBA cost and salary factors you need to consider.”
You can read the full article at this link.
