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Kelley School of Business Launches Business of Medicine MBA
Date:3/19/2013

institutions, the broad healthcare field and, most important, patient outcomes."            

Business and Management Skills that Complement Medical Knowledge

Kelley's Business of Medicine MBA was built from the ground up, pairing the essentials of business education with "reality-check" input from healthcare executives. Industry leaders cited active physician governance over business, operations and strategic direction as critical to their institutions' long-term success. Increasingly, physician executives also are navigating the shifting boundaries among research, clinical practice, industry, government and public policy.

The Business of Medicine MBA incorporates a curriculum similar to the Kelley School's full- and part-time programs (e.g., economics, operations, supply chain management, statistical analysis/analytics, strategy, marketing, organizational development, accounting, finance), with the addition of specialized courses and electives. The curriculum centers on six healthcare themes – collaboration, innovation, analytics, transformation, optimization and sustainability – that address new types of clinical leadership and new business models.

Even before completing this MBA, physician executives will immediately bring to their positions newly attained critical skills in healthcare and business competencies:

  • Critical analysis and problem solving.  Applying appropriate techniques of business, drawing on major functions (e.g., finance, quantitative methods, operations) to solve complex matters in business and medical arenas.
  • Knowledge of the healthcare industry.  Gaining deep understanding of the broad industry (e.g., funding and payment mechanisms, clinical processes, regulation) and the interdependency, integration and competition among different aspects of the sector. 
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SOURCE Indiana University Kelley School of Business in Indianapolis
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