MD-MBA

Innovate Healthcare through Strategic Decision-Making

Healthcare is one of the fastest-growing industry sectors in the world. More and more, doctors are called upon to create efficient, effective workplaces in which healthcare is delivered through top-quality care and the best practices of business. MD-MBA students will also have the opportunity to take advantage of the unique experiences offered through the Carlson School's Medical Industry Leadership Institute, which brings together graduate students from across the University of Minnesota to work on healthcare industry problems from the organizational to the political realms.

The MD-MBA Dual Degree program was developed for students who have already been enrolled in the University of Minnesota MD Program. This program serves students who wish to earn an MBA degree as well as their MD. 

More Information About MD-MBA

Dual Degree students must apply separately and be admitted to both programs. Students apply to the Full-Time MBA Program during their second or third year of medical school and begin the MBA program in the third or fourth year of this five-year dual degree program. The grid below shows the structure for starting in year 3.

MBA Application Dates - Fall Start

Round Submission Deadlines Decision Notification
Round 1 October 1 November 15
Round 2 December 1 February 1
Round 3 February 1 March 15
Round 4  April 1 May 15

Deadlines that occur on a weekend or holiday are extended through the next business day. We will review applications beyond our final round deadline on a case by case basis.

For MD-MBA Students, the GMAT or GRE is waived with the submission of your MCAT.

NOTE: Once admitted, you will need to submit a flexible MD application and get approval to take a Medical School Leave of Absence to Participate in the MBA portion of the degree.

MBA Admissions Requirements MD Admissions Requirements

MD-MBA graduates go on to working in healthcare entrepreneurship and new device development, pharmaceuticals, and direct care in professional settings. They also become key advisors in policy and government, able to balance the concerns of individual health needs and organizational and institutional constraints.

Learn More About MBA Career Services

MD-MBA students pay the tuition and fees at the school through which they are registered each semester. Scholarships are awarded separately by each program and are applied when a student is enrolled in that designated program.

All applicants admitted to Carlson are automatically considered for merit-based scholarships. 

MBA Tuition & Financial Aid MD Tuition & Financial Aid

Program Structure

Students apply to the Full-Time MBA Program during their second or third year of medical school and begin the MBA program in the third or fourth year of this five-year dual degree program. The grid below shows the structure for starting in year 3.

MD


Summer Semester

  • Basic science coursework
  • Essentials of Clinical Medicine

Fall Semester

  • Basic science coursework
  • Essentials of Clinical Medicine

Spring Semester

  • Basic science coursework
  • Essentials of Clinical Medicine

MD


Summer Semester

Fall Semester

  • Year 2 Coursework
  • Essentials of Clinical Medicine
  • Clinical Observation Exam

Spring Semester

  • Year 2 Coursework
  • Essentials of Clinical Medicine
  • Complete Step 1 Requirement

MBA & MD


Summer Semester (MD)

  • Core Rotations 
  • Complete Step 1 Exam
  • MBA Orientation

Fall Semester (MBA)

  • Data Analysis
  • Managerial Economics
  • Financial Accounting
  • Statistics
  • Marketing
  • Supply Chain & Operations
  • Strategic Management

Spring Semester (MBA)

  • Leading Others
  • Competing in a Data-Driven World

Electives/Other Requirements:

  • Business Ethics *
  • Leadership Development *
  • Global Experience *
  • Electives

*Class can be taken in year 2 or year 3

MD


Summer Semester

  • Core Rotations
  • Complete Step 2 Requirement

Fall Semester

  • Core Rotations

Spring Semester

  • Core Rotations
  • Submit Flexible MD Application

MBA & MD


Summer Semester (MD)

  • 8/20 weeks of electives must be direct patient contact
  • Core Rotations/Elective
  • Intern-session

Fall Semester (MBA)

  • MBA Electives
  • 12/24 weeks of Electives must be direct patient contact
  • Family Medicine Clerkship

Spring Semester (MBA)

  • Business Ethics *
  • Leadership Development *
  • Global Experience *
  • Electives

*Class can be taken in year 2 or year 3

Credit Distribution

To complete in this time frame students will carry a very demanding course load, but with a credit reduction benefit of a dual degree program.  

MBA = 52
Transfers=12 per program

Full-Time & Part-Time MBA Programs

Email: ftmba@umn.edu
Phone: 612-625-5555

MD Program

Scott Davenport, MS
Director, Student Affairs
612-624-8601
Medical School MD-MBA Dual Degree Information