PharmD-MBA

Be an Effective Leader in the Pharmacy Profession

An MBA is an inarguable asset to a pharmacist, who are able to enter into management positions within pharmacy settings, creating efficient, effective care delivery systems from day one. After establishing your studies in the Doctor of Pharmacy program, you will enter the MBA program in the fourth year of your graduate education, earning a complete MBA as you finish your PharmD and becoming integrated into the Carlson School's prestigious network of business leaders, academics and alumni. PharmD-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 PharmD-MBA Dual Degree Program was developed for students who have already been enrolled in the University of Minnesota PharmD Program (Twin Cities or Duluth campus). This program serves students who wish to earn an MBA degree as well as their PharmD. 

More Information About PharmD-MBA

Dual Degree students must apply separately and be admitted to both programs. Students apply to the Full-Time MBA Program during the fall semester of their third year in the College of Pharmacy, but do not begin the MBA Program until the fourth year of this five-year dual degree program.

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 PharmD-MBA Students, the GMAT or GRE is waived with the submission of your PCAT


MBA Admissions Requirements
PharmD Admissions Requirements

Many students immediately pursue their residency post-graduation and work in healthcare services or a retail/chain pharmacy. But there are a variety of other options for PharmD-MBAs including but not limited to consulting research, and pharmaceutical companies. Many PharmD-MBAs are in high demand for leadership positions such as Director of Pharmacy Operations, Lead Pharmacist, Department head in a pharmaceutical manufacturing company, or Administrator in a managed care department.

MBA Career Services

 

PharmD-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
PharmD Tuition & Financial Aid

Program Structure

Both degrees are completed in five years.

PharmD


Fall Semester

  • Year One required coursework

Spring Semester

  • Year One required coursework

Summer Semester

  • Phar7325 IPPE

PharmD


Fall Semester

  • Year Two required coursework 
  • PharmD Electives

Spring Semester

  • Year Two required coursework 
  • PharmD Electives

Summer Semester

  • Phar7325 IPPE

PharmD


Fall Semester

  • Year Three required coursework 
  • PharmD Electives

Spring Semester

  • Year Three required coursework 
  • PharmD Electives

Summer Semester

  • Select two APPEs

MBA 


Fall Semester (MBA)

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

Spring Semester (MBA)

  • Leading Others
  • Competing in a Data-Driven World
  • MBA Electives

Summer Semester (PharmD)

Select three APPEs

MBA & PharmD


Fall Semester (PharmD)

  • Select three APPEs
  • Leadership and Personal Development
  • Electives

Spring Semester (MBA)

  • Business Ethics
  • MBA Electives
  • Global Experience

 

Full-Time & Part-Time MBA Programs

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

PharmD Program

Peter Haeg
Director of Student Services
612-624-2649
College of Pharmacy Dual Degree Program Information