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START HERE. GO ANYWHERE. go.pacific.edu/mba University of the Pacific PharmD/MBA Programs March 2017 Presenter: Chris Lozano Eberhardt School Director of Student Recruitment [email protected]

PharmD/MBA UCR PILLS Club _MAR 17

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Page 1: PharmD/MBA UCR PILLS Club _MAR 17

START HERE. GO ANYWHERE.

go.pacific.edu/mba

University of the PacificPharmD/MBA Programs

March 2017

Presenter:Chris Lozano

Eberhardt School Director of Student [email protected]

Page 2: PharmD/MBA UCR PILLS Club _MAR 17

Key questions about PharmD/MBA-HC Management

Programs What are the Program options for PharmD/MBA? What is Structure for 16-month Early Advantage MBA?

Application and Admissions Are any admissions tests required? Are there any prerequisite classes for the MBA?

Cost & Financial Assistance What are the costs for the 1 year of MBA in the dual

degree PharmD/MBA ? For 16-month MBA? What types of merit-based financial assistance are

available? Other Areas

What New (job) opportunities would an MBA provide to a Pharmacist specifically? In the HC Industry generally?

Page 3: PharmD/MBA UCR PILLS Club _MAR 17

LinkedIn: Great Resource for Pacific PharmD/MBA Network

Other interesting profiles: Christine Ahn ‘11- Director, Value-based Care Redesign (UCLA Health), Mahan Patel ’09 ’10 - National Clinical Director (PharMerica), Erik Clausen ‘07 ‘08 - Director of Veterinary Operations (Golden Gate Pharmacy) and Jonathan “JK” Fujimoto ‘09 – Pharmacy Supervisor (CVS)

Page 4: PharmD/MBA UCR PILLS Club _MAR 17

Not Prerequisites but Suggested

Microeconomics (Econ 53 at UOP)* - Econ 3 at UCR Macroeconomics (Econ 55 at UOP)* - Econ 1 or 2 or 4 at

UCR Statistics (Math 37 at UOP)* - Stats 48 or Stats 100A at

UCR Calculus (Math 45 at UOP)* - Math 8B or 9A, and 9B at

UCR Completion of a Bachelor’s Degree (U.S. or equivalent) Suggested electives (based on space in your schedule)-

Business Law, Basic Accounting, and/or Management*AP units or equivalent courses at a CC or Online are also acceptable

Page 5: PharmD/MBA UCR PILLS Club _MAR 17

Traditional PharmD/MBA Option (A): Applied Business Principles for Pharmacy + Healthcare Elective

Week

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

MODULES + HC Course - 17 Units Total

MBA

Orientatio

n

Mgmt. Info. SystemsMW 11:00-11:45 am

Assessment

Testing

Mgmt. & Org. BehaviorTR 12:30-3:00 pm Marketing

TR 12:00-2:30 pm

Accounting for Managers MW 3:30 – 6:00 pm

FinanceMW 4:00-6:30 pm

Data and DecisionsTR 12:30-3:00 pm

Healthcare Elective Times vary, typically late morning

Career Development (Not Required for PharmD/MBA)T 10:00-11:30 am

Associate Dean’s Seminar T 6:30-8:30 pm

Page 6: PharmD/MBA UCR PILLS Club _MAR 17

Career Management Services for Full-time Programs

MBA Career Development Module Individual Career Management Planning

with a dedicated career professional Required MBA Internship for 16-month

MBA program Meet the Firms Event for all MBA and MAcc

Students Focus on mastering critical tactical skills

necessary for career success and to manage your career

Page 7: PharmD/MBA UCR PILLS Club _MAR 17

Remaining MBA courses for PharmacySpring Term-

MBA 18 Units*

May-Jun Jun-Aug 2nd year Pharm-Fall/Sp

ring/Sum. Term

Healthcare Finance/

InsuranceStrategy

Implementation

Global MarketingGlobal Business

Competition(Units in Spring

Term Registration)*

Recommended MBA Internship

Healthcare Area elective

Entrepreneurial Management

Quality & Productivity

1 Healthcare Area Elective

Page 8: PharmD/MBA UCR PILLS Club _MAR 17

International ExperienceEach year, the Global Business Competition course travels abroad for a two-week period of intensive instruction and business visits.

2013 - Shanghai and Hong Kong

2014 - Istanbul & Izmir, Turkey

2015 - Toulouse, France

2016 - La Havre, Dijon and Paris, France

2017 - Spain

2008 - Taiwan and Hong Kong

2009 - Panama and Costa Rica

2010 - London, England

2011 - Istanbul, Turkey

2012 - Shanghai and Beijing

Page 9: PharmD/MBA UCR PILLS Club _MAR 17

Alternative PharmD/MBA Option (B)- Begins in Year Two of PharmD

PharmD Fall – Year 2: 1 Healthcare MBA Course

PharmD Spring – Year 2: 1 Healthcare MBA Course

Page 10: PharmD/MBA UCR PILLS Club _MAR 17

MBA Year (Year 3 of 4): Applied Business Principles for Pharmacy + Healthcare Elective

Week

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

MODULES + HC Course - 17 Units Total

MBA

Orientation

Mgmt. Info. SystemsMW 11:00-11:45 am

Assessment

Testing

Mgmt. & Org. BehaviorTR 12:30-3:00 pm Marketing

TR 12:00-2:30 pm

Accounting for Managers MW 3:30 – 6:00 pm

FinanceMW 4:00-6:30 pm

Data and DecisionsTR 12:30-3:00 pm

Healthcare Elective (3 Units) Times vary, typically late morning

Career Development (Not Required for PharmD/MBA)T 10:00-11:30 am

Associate Dean’s Seminar T 6:30-8:30 pm

Page 11: PharmD/MBA UCR PILLS Club _MAR 17

Remaining MBA courses for MBA Year

Spring Term-MBA

18 units

May-Jun Jun-Aug

Healthcare Finance/ Insurance

Global Marketing

Global Business Competition

(Units in Spring Term Registration)*

Recommended MBA Internship

Entrepreneurial Management

Quality & Productivity

Strategic Management

Page 12: PharmD/MBA UCR PILLS Club _MAR 17

How and When to Apply

Online Application available at Eberhardt MBA website beginning October 15, 2017*.

Key Application DatesFall 2018 Round 1 - January 15 (FT Priority

Review) Round 2 - March 1 (FT MBA – All

Programs) Round 3** - June 1 (FT MBA late

submission)

* I recommend applying as soon as you have received an interview offer (Plan A).

**Round 3 is considered on-time for Alternative PharmD/MBA for currently matriculated Pharmacy students (Plan B).

Page 13: PharmD/MBA UCR PILLS Club _MAR 17

APPLICATION ELEMENTS

Online MBA Application, 2 Personal Statements and Resume (Same system as Pharmacy Supplemental app.)

Official Transcripts (Pulled from PharmCAS app.) Letters of Recommendation (1 additional

recommended) Official GMAT (or GRE) Scores Application Fee - $50 (waived for ALL PharmCAS

applicants) Interview (by invitation only)

Page 14: PharmD/MBA UCR PILLS Club _MAR 17

2016 New FT MBA Student Profile GPA Average: 3.44 (Range 3.10 - 3.72) GMAT Average: 541 (Range 440 - 670) Average Age: 23.4 (Range 21 to 26) Average Experience: < 1 year (Range 0 to

4) International: 13% (Down from 18% in ‘15) Female: 50% (Same in ‘15)

Page 15: PharmD/MBA UCR PILLS Club _MAR 17

Costs for Graduate Business Programs (AY 2016 -17)

Please see the

MBA & MAcc Cost & Financial Aid

Page for the latest Information

Page 16: PharmD/MBA UCR PILLS Club _MAR 17

Costs for MBA Year for PharmD/MBA (AY 2016 -17)

Tuition- Full-time (2 semesters)* $ 44,068.00

Wellness Center Fee (9+) $ 240.00

ASUOP & Activity Fees (9+) $ 140.00

Travel – Global course (est.)** $ 3,500.00

Books & Personal (est.)** $ 5,000.00

TOTAL COSTS $ 52, 948.00

* MBA Courses taken in PharmD may require overload at Pharmacy Tuition Rates

**Costs may vary by location and required texts/cases.

Page 17: PharmD/MBA UCR PILLS Club _MAR 17

Scholarships and Assistantships Eberhardt Merit Scholarships

Joseph Kaeslin Memorial Endowed Scholarship Edward M. Nagel Scholarships Robert and Frances Ferguson MBA Endowed Scholarship Credit Bureau of San Joaquin Endowed Scholarship Marian & George Malloy Endowed MBA Scholarship

PharmD/MBA Merit-Based Scholarship Long Foundation(s) scholarships for PharmD/MBA Students

MBA Merit-Based Graduate Assistantships 1/3 Tuition Assistantship 1/2 Tuition Eberhardt Scholars Assistantship

Private Scholarships ACHE – Albert W. Dent and Foster G. McGaw scholarships

(ache.org.Students)

Page 18: PharmD/MBA UCR PILLS Club _MAR 17

Time for some Q & A

Page 19: PharmD/MBA UCR PILLS Club _MAR 17

For more information

Call: 209.946.2629

E-mail: [email protected]

Web: go.pacific.edu/mbaOffice: Weber Hall, Suite 206

(Student Services)

Presentation available at Slideshare.net/clozano67

Page 20: PharmD/MBA UCR PILLS Club _MAR 17

START HERE. GO ANYWHERE.

go.pacific.edu/mba

Eberhardt School of Business