PharmD MBA Curriculum / 1
DOCTOROFPHARMACY
and
MASTERSOFBUSINESSADMINISTRATION
JOINT DEGREE PROGRAM
University ofFlorida
CollegeofPharmacy
CollegeofBusiness
May 31, 2013
Michael W. McKenzie, Ph.D.
Senior AssociateDean for Professional Affairs
JOINTPHARM.D./MBA DEGREEPROGRAM
OBJECTIVES
Thegoal of thejoint Pharm.D./MBA program is to educate students to assume responsibilities as executives and administrators in pharmaceutical industryand in health caredeliverysystems that provide pharmaceuticalcareto patients. The program is directed toward providingdidactic and experiential education to students that will allow them to: (1) understand the majoradministrative functions in organizations delivering pharmaceutical products and careto patients;and (2) design strategies andpolicies to copewith the evolvinghealth care environment.
Theprincipal objectiveof theMBA program is topreparestudents forsuccessful careers in management positions in business and administration. The curriculumis structured so that students mayconcentrate their studies in specialty area such as competitive strategy, entrepreneurship, finance, marketing, human resourcemanagement,globalmanagement, information systems and operations management.TheMBA degreeprogram is designed to give students (1) conceptual knowledge forunderstandingthefunctions and behaviors common to allorganizations and (2) the analytical, problem-solving, and decision-making skills essential for effectivemanagement.
PROGRAMDESCRIPTION
Candidates forthis program must first meet the entrancerequirements and be accepted into the Doctor ofPharmacydegreeprogram in the Collegeof Pharmacy. PharmD students mayapplyto the MBA program in the Graduate School ofBusinessafter successfulcompletion oftheir first professionalyear. TheAdmissionsCommittee forthe MBAPrograms reviews and selects students for admission to thejoint degreeprogram. The joint and combined degree programs share class credits, meaning the credits are counted towards both degree programs, and typically will extend your duration of study by one year. Theprogram is not open to students who have alreadyearned one ofthe degrees. A studentmustsatisfythe curriculum requirements foreach degree.
Participants begin their studies in theCollegeof Pharmacyand complete the first two years oftheDoctor of Pharmacycurriculum. Thethirdyear is devoted to core course requirements in Business Administration. Duringthe fourth andfifthyears students mayregister in both colleges concurrently.
Thejoint degreecurriculumprovides foratotal of48 credits required fortheMBA degree,
36 credits taken within theCollegeof Business and12 credits taken withinthe Collegeof
Pharmacy. The traditional MBA curriculum is designed for individuals with diverse academic and professional backgrounds. No previous courses in business administration are required or expected of candidates.
Theprogram designrecognizes the importanceofthe various functional areas of management and thehigh probabilitythat the career ofasuccessful manager will span many functions. It provides a broad foundation ofstudycoveringallaspects of management, plus an opportunityto develop a concentration in one ofseveral areas.
All MBA courses areoffered in eight-week modules, two modules per semester. In allcourses, the MBA program strives tomaximizestudent-professor dialoguethrough dynamic and interactiveteaching.
ADMISSION REQUIREMENTS
Admission to the FloridaMBA Program is veryselective. In reviewingapplications, the AdmissionsCommitteelooks for evidenceof intellectual ability, managerial promise and communityinvolvement. Stronginterpersonal skills, communication ability, motivation, maturity, career focus and leadership potential are also important qualities in prospective students. Applicants with twoor more years offulltime post-baccalaureatework experienceare particularly attractive candidates for the joint degree program.
TheAdmissionsCommitteein theGraduate School of Business reviews the candidate’s academic record, scoreson the GraduateManagement Admission Test (GMAT), and work experience. Inaddition, the committee considersmaturityand personal qualities of leadership as indicated bytheapplicant’s letters of recommendation and other activities. Applicants arestronglyencouraged to submit letters of recommendation from employers. Written essays arerequired and an interview maybenecessary.
There areno specific prerequisite courserequirements, although somebackgroundin statistics, calculus, and financial accountingmaybehelpful.
Interested pharmacystudents should reviewinformation on theMBA program provided at the followingweb site:
Pharmacystudents should express their interest in this program duringthefirst professional year and seek theadviceand direction ofthefacultymember in theDepartment of Pharmaceutical Outcomes andPolicywho servesas a Program Coordinator forthe joint degreecurriculumwith theGraduate School ofBusiness.
New students areaccepted to the joint PharmD MBA program for the fallsemester. TheUniversityof FloridaMBA Program uses a rollingadmissions process bywhichapplications areconsidered as theyare received. Applicants arehighly encouraged to applyasearlyas possible. Specificprocedures anddeadlines areoutlined in an application form, which can beobtained from theweb site.
Applicants who haveat least a 3.2gradepointaverage andaGraduate Management Admission Test (GMAT)scoregreater than 640 are especiallyencouraged to apply. Applicants maytaketheGMAT at anytime priorto applyingfortheprogram in the second professionalyear oftheDoctor ofPharmacyprogram. Applicants foradmission must submit satisfactoryscores on theGMAT as wellas transcripts for allprevious academicwork.
Students must petitiontheAcademicand Professional StandardsCommitteein theCollegeof Pharmacyfortheopportunityto begin theMBAprogram after the second professionalyear of studies in theDoctor ofPharmacyprogram.
Students should maintain regular contact with the ProgramCoordinator in theCollegeof Pharmacy. Thesupport and endorsement oftheDepartment of PharmaceuticalOutcomes and Policyforthe student’s application is required bythe Collegeof Pharmacy.
GMAT
TheGraduate Management Admission Test is a nationallystandardized skills test available anytime oftheyear at test centers throughout theworld. Business schoolsuse test scores to help evaluatecandidates’reading, reasoning, andproblem-solvingabilities. TheGMAT is a standardized assessment. Each individual test that is administered containsthe same format and areas of content. Thetest iscomprised ofthreemain sections: analytical writing, quantitative reasoning, and verbal reasoning.
It is recommended thatapplicants takethe GMATanytime duringtheyearpriorto theiryear of admission. Details regardingtheGMATare availableat
VISITSAND INTERVIEWS
A campus visit and interviewis not a necessarypart ofthe admission process. An appointment can bemadethroughthe MBA admissions officeto discuss anyaspect of the program or theadmission processbycontacting:
Director ofAdmissions, MBA Program,
100 BryanHall, Hough GraduateSchool of Business,
Box117150
UniversityofFlorida, Gainesville, FL32611-7152
(Phone: 352-273-1144).
FIRST PROFESSIONAL YEAR
Fall Semester (17 credits)Spring Semester (16 credits)
Intro to Pharmacy, Pharmaceuticals &Structure & Function of Nucleotides:
the Health Care System (3) Basis for Therapy (2)
Physiological Basis of Disease I (5)Physiological Basis of Disease II (5)
Clinical Biochemistry (4)Dosage Forms II (2)
Fundamentals of Medicinal Chemistry (1)Microbiological & Immunological
Dosage Forms I (3) Basis of Therapy (4)
Introductory Pharmacy PracticeBasic Principles of Pharmacology (1)
Experience I (IPPE) (1)Pharmacotherapy I (2)
Summer Semester (1 credit) Introductory Pharmacy Practice Experience II (IPPE) (1)
SECOND PROFESSIONAL YEAR
Fall Semester (18 credits)Spring Semester (16 credits)
Pharmacotherapy II (5)Pharmacotherapy III (5)
Pharmacological Basis of Therapeutics I (4)Pharmacological Basis of Therapeutics II (4) Intro to Quantitative Methods in Professional Communications* (2)
Pharmacy* (3)Medicinal Chemistry II (3)
Medicinal Chemistry I (3)Dose Optimization II (2)
Dose Optimization I (2)
Introductory Pharmacy Practice
Experience III (IPPE) (1)
Summer Semester (1 credit) Introductory Pharmacy Practice Experience IV (IPPE) (1)
THIRD PROFESSIONAL YEAR
Fall Semester(14 credits)**Spring Semester (14 credits)**
Module1 (Fall)Module3 (Spring)
Financial Accounting(2)Probs &Methods in MarketingMgmt.(2)
Managerial Economics (2)Open EconomyMacroeconomics(2)
Intro to Managerial Statistics(2)FinanceI(2)
Leadership Essentials(1)Professional Writing (1)
Module 2 (Fall)Module 4 (Spring)
Managerial Accounting(2)Managersthe LegalEnvironment(2) Organizational Behavior(2) Production &Operations Mgt.(2)
Advanced Managerial Statistics(2)FinanceII(2)
The Ethical Role of the Manager(1)Presentation Skills(1)
**Each business courseis an eight-week moduleofstudy.
FOURTHPROFESSIONAL YEAR
Fall Semester(18credits)Spring Semester (17 credits)
Pharmacotherapy IV(3)Weeks 1-8
Pharmaceutical Skills LabI(2)PharmacotherapyV(3) Evidenced-Based Pharmacy(4) Pharmaceutical Skills LabII(1) Personalized Medicine (2) Critical Appraisal of
PharmaceuticalLawEthics* (3) Pharmacoeconomic Studies(1)
DosageForms &ContemporaryMBA Electives (4) PharmacyPractice (2)
MBA Elective (2)Weeks 9-16
Advanced PharmacyPractice
Experience** (8)
FIFTHPROFESSIONAL YEAR
Summer (12credits) / Fall(16 credits) / Spring (16 credits)Weeks 1-8
Advanced Pharmacy
Practice Experience** (12) / Advanced Pharmacy
PracticeExperience**(16) / Advanced Pharmacy
PracticeExperience** (8)
Weeks 9-16
PharmacotherapyVI(2) Herbal Medicines (2) Strategic Management (2) MBA Elective (2)
*These courses aredualcounted (required for the Pharm.D. degree; electives forthe MBA
degree).
** FourAdvanced PharmacyPracticeExperiences (APPE)ofthe ninerequired can be administrative/managementfocusedwith one of these countingtoward theMBA degreeas an elective.
SUMMARY – JOINT CURRICULUM COURSEWORK
MBA RequiredCoursework
Financial Accounting2 cr.
Managerial Economics2 cr.
Introduction to Managerial Statistics2 cr.
Leadership Essentials1 cr.
Managerial Accounting2 cr.
Organizational Behavior2 cr.
Advanced Managerial Statistics2 cr.
The Ethical Role of the Manager1 cr.
Problems &Methods in MarketingManagement2 cr.
Open EconomyMacroeconomics2 cr.
FinanceI: Asset Valuation, Risk & Return2 cr.
Professional Writing1 cr.
Managersand theLegalEnvironment2 cr.
Production & Operations Management2 cr.
FinanceII: Capital Structure & Risk Management Issues2 cr.
Presentation Skills1 cr.
Strategic Management2 cr.
MBA Electives6cr.
TOTAL REQUIRED/ELECTIVE MBA CREDITS36
MBA ElectiveCourseworkintheCollegeofPharmacy Professional Professional Communications 2 cr. Pharmacy Law &Ethics 3 cr. Quantitative Methods in Pharmacy 3 cr. PharmacyManagementAPPE 4 cr.DUAL COUNTED ELECTIVESCREDITS 12
TOTAL CREDITSFOR MBA DEGREE48 cr
For further information:UFCollegeof Pharmacy OfficeforStudent Affairs PO Box00495
Gainesville, FL32610-0495
Phone: (352) 273-6217
Email:
Web page:
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Fordisabilityassistance,call 352-392-1261 (V)or352-392-3008 (TDD).
Contact the FloridaRelayService at800-955-877(TDD)when offices donot listaTDD.