BY Sydney LakeMay 05, 2022, 1:34 PM
A Syracuse Orange cheerleader waves a giant Orange flag during their football game against the Clemson Tigers at Clemson Memorial Stadium, as seen in September 2018. (Photo by Mike Comer/Getty Images)
Applications to medical school surged a record 17.8% during the 2021-2022 academic year compared with the prior year, according to data from the Association of American Medical Colleges—and MBA applications also inched up. To meet the growing demand for both types of degrees, SUNY Upstate Medical University and Syracuse University’s Whitman School of Management announced in late April plans to launch a joint M.D./MBA program this fall.
The two universities landed on the partnership for several reasons—but it was primarily driven by demand from medical students wanting to study management and business-related topics they could encounter during their professional practice, according to Alexander McKelvie, Syracuse Whitman’s associate dean for undergraduate and master’s education and entrepreneurship professor, and Krystal Ripa, SUNY Upstate’s director of special admissions programs.
“Upstate does not have a business school and Syracuse does not have a medical school, therefore it made for a natural partnership to leverage each others’ strengths,” McKelvie and Ripa said in a joint statement to Fortune.
Physicians in Syracuse’s online MBA program, which Fortune ranks as having the No. 11 program in the U.S. and No. 1 in New York, have told the school they wished they had learned business-related content earlier in their careers. Doing so would help “accelerate their careers, reduce mistakes, and best treat a diverse patient population with varying backgrounds, ability to pay, and insurance coverage,” McKelvie and Ripa add.
How the M.D./MBA program is structured
The five-year program starts with business studies. Accepted students will spend their first year studying for their MBA, and medical training will start the fall of their second year in the program. Students will spend the summer between their first and second years completing an MBA practicum that focuses on the “intersection of business and health care,” according to the schools’ announcement.
The core curriculum for the MBA portion of the program is “essentially the same,” as one would get from a full-time program, McKelvie and Ripa say, and M.D./MBA students will take class with full-time MBA students during their first year.
There are three differences, though, between wheat full-time MBA students and M.D./MBA students have to complete. M.D./MBA students will take summer classes after their first year before their medical training starts; they’ll complete another summer practicum after their second year (or first year of medical school) at the intersection of business and health care; and students can transfer “relevant” medical elective courses, such as professional ethics and leadership, toward their MBA degree.
“The program was created based on an increased student and industry demand for students with multidisciplinary programs who understand both the technical and the people skills needed for success,” Eugene Anderson, Whitman’s dean, said in a statement announcing the program. “We see substantial opportunity to support our students and local partners by offering this advanced business degree to medical students.
How to apply to the dual degree program
Candidates must first apply to SUNY Upstate’s M.D. program through the American Medical College Application System and have to be accepted by the medical school in order to be considered for the program. If they’re interviewed and accepted into the doctor of medicine program, then Syracuse decides whether the student is accepted to the MBA program, as well.
“While acceptance into medical school is already highly selective, the additional work demands and preparation for an additional graduate degree in business makes this a highly demanding program,” McKelvie and Ripa say.
The program has accepted three students thus far for the launch in Fall 2022. “Their joint-cumulative GPA is over 3.9 and they are all highly engaged students with strong leadership and interpersonal skills,” McKelvie and Ripa add.
See how the schools you’re considering landed in Fortune’s rankings of the best master’s in public health programs, business analytics programs, data science programs, and part-time, executive, full-time, and online MBA programs.
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