Campuses:

Medical Industry Specialization

For professionals looking to advance their careers in the ever-evolving healthcare field, strong business acumen is critical. The Carlson MBA Program offers a specialized curriculum, opportunities to partner with leading healthcare organizations to solve real-world challenges, and unmatched access to a thriving community of medical industry employers.

Career Opportunities

The Medical Industry MBA is designed for professionals looking to break into or advance careers in medical devices, pharmaceuticals, insurance, finance, marketing, consulting, operations, and an array of additional medical industries. Carlson MBA students engage with employers starting in year one of the program. The Graduate Business Career Center (GBCC) at the Carlson School connects outstanding future business leaders with organizations across industries, sectors, and locations. The following employers recruit talent from the Carlson School:

  • Medtronic
  • Mayo Clinic
  • Boston Scientific
  • Medica
  • GE Healthcare
  • UnitedHealth Group
  • St. Jude Medical

The Carlson MBA Advantage

The Carlson School offers aspiring and established healthcare professionals advantages to jumpstart careers.

  • Work on Real-World Projects: Perform a real-world market analysis for a new medical technology with the potential to benefit lives
  • Join the Network: 50,000+ alumni in 95 countries
  • Get Personal Attention: Get one-on-one support from your instructors
  • Discover the Community: With 22 student clubs, there's an organization to suit any interest
  • Explore International Business: Education abroad programs in 29 countries
  • Learn from Experts: the Carlson School is ranked No. 3 for intellectual contributions in business among U.S. public universities
  • Connect with a Vibrant Business Community: Minnesota ranks 6th best state for business and is home to 18 Fortune 500 companies
  • Get Noticed by Top Companies: 93 percent of Carlson MBA grads receive employment offers within 90 days of graduation

Curriculum

The Medical Industry MBA provides a tailored, timely curriculum for emerging leaders looking to gain hands-on experience in functional areas of the medical industry.

MILI 6235: Pharmaceutical Industry (2 cr)

MILI 6235: Pharmaceutical Industry (2 cr)

Focusing on the unique characteristics of the pharmaceutical industry, including its market, regulation, and policy issues, this course leverages interdisciplinary perspectives and industry leader involvement to develop student skill sets. (Spring - B term, 5:45-9:05 p.m.)

MILI 6421: Healthcare Law and Management Impact (2 cr)

MILI 6421: Healthcare Law and Management Impact (2 cr)

This course will survey fundamental healthcare laws that apply to a wide variety of healthcare businesses, and will assess their impact on those business’s strategy and operations.  The goal is to enable current and prospective managers and leaders in the healthcare space to be aware of and thus able to proactively manage potential legal issues.  (Spring - B term, 5:45-9:05 p.m.)

MILI 6562: Information Technology in Healthcare (2 cr)

MILI 6562: Information Technology in Healthcare (2 cr)

This course provides a theoretical and conceptual base for managers, creators, and evaluators of health care information technology, including the application of current and evolving technology systems.  Special attention is paid to the design and evaluation of common data structures.  (Fall - B Term, 5:45 -9:05 p.m.)   

MILI 6589: Medical Technology Evaluation and Market Research (2 cr)

MILI 6589: Medical Technology Evaluation and Market Research (2 cr)

Leaders from UnitedHealth Group, Medtronic, and the Mayo Clinic participate in this hands-on experience in creating a value proposition for new medical technologies.  This course is also offered as a 2 cr. undergraduate seminar (MILI 5589)  (Spring, 3:45-5:25 p.m.)

MILI 6726: Medical Device Industry: Business and Public Policy (3 cr)

MILI 6726: Medical Device Industry: Business and Public Policy (3 cr)

This course, with the insight of industry leaders, addresses public-private sector interactions and the business, public policy, regulatory, and technology management issues that concern medical device and biotechnology companies. (Fall, 5:45-8:15 p.m.)

MILI 6990: The Healthcare Marketplace (2 cr)

MILI 6990: The Healthcare Marketplace (2 cr)

Survey of multitrillion dollar medical industry, this course covers physician and hospital services, insurance, pharmaceuticals, medical devices, information technology, and industry scale, interactions, opportunities, and barriers. This course is also offered as a 3 cr. undergraduate seminar in spring (MILI 5990 or HSEM 3404H)  (Spring - A Term,  5:45 -9:05 p.m.)   

MILI 6991: Anatomy and Physiology for Managers (2 cr)

MILI 6991: Anatomy and Physiology for Managers (2 cr)

A basic overview of the medical vocabulary and physiology of major body systems for non-clinician managers, this course helps medical industry leaders gain facility with clinical practice and medical technology innovations. (Spring - B Term, 5:45-9:05 p.m.)

MILI 6992: Healthcare Delivery Innovations: Optimizing Cost and Quality (2 cr)

MILI 6992: Healthcare Delivery Innovations: Optimizing Cost and Quality (2 cr)

Understand the various sites of healthcare delivery that exist in order to analyze how the components along the care continuum, currently fit together and more importantly explore how they can be reconfigured and re-engineered to create value. (Fall B - Term, 5:45-9:05 p.m.)

MILI 6995: Medical Industry Valuation Laboratory (2 cr)

MILI 6995: Medical Industry Valuation Laboratory (2 cr)

Hands on experience in succinctly evaluating the value of a new technology by considering market size and potential, intellectual property, and return on investment. Intercollegiate teams create rapid production market analysis of promising medical technologies and services to determine potential for success in market. Teams consist of students from Carlson, CLA, CSE and AHC. Exposure to University innovations, venture firms, inventors.  This course is also offered by application only as a 2 cr. undergraduate semester-long seminar (MILI 5995) (Fall/Spring/Summer)

Experiential Learning

Carlson Medical Industry MBA students participate in the Medical Industry Valuation Laboratory, a unique opportunity to perform a market analysis for a new medical technology with the potential to benefit lives. This 2-credit course groups graduate students across the University of Minnesota into teams and challenges students to analyze market size; evaluate technical, business, preliminary intellectual property, and regulatory challenges; and develop a recommendation for continuing product development or market feasibility.

Medical Industry Leadership Institute

The Medical Industry Leadership Institute connects executives, physicians, students, and academic leaders with the latest trends in the medical industry.  MILI shapes the future of the medical industry and drives innovation through cutting-edge leadership education, research, and market development.

Alumnus Perspective

"I want to capitalize on my passion for science and business, and with the Medical Device nexus that exists here in Minnesota, the MBA/MILI is hands down the best opportunity that I can pursue. With our existing ties to our Industry Council and the passion that Steve Parente brings to MILI, I can only imagine what the future of this degree will bring. It's really assuring to know that large corporations recognize the value that this specialization affords."

Anil Asrani, 2009 MBA

Apply Now

To be considered for admission to the Healthcare MBA program, submit your application now. The program begins in the fall of each year, and the Carlson School accepts applications on a rolling basis.

Simply select “healthcare MBA” on the application form when asked for your specialization of interest.

Apply