MBA: Medical Industry Leadership Institute (MILI) Specialization
Enhance Your Understanding of the Medical Industry
At the Carlson School of Management, you can complement your education with a medical industry MBA specialization. Upon completion of this specialization, you'll automatically be enrolled as an MILI affiliate. MILI gives Part-Time and Full-Time students opportunities to prepare for leadership track careers in functional areas of the medical industry including finance, marketing, consulting, operations, and information technology.
Full-Time: On-campus
Part-Time: In-person, Online, HyFlex
Full-Time: 2 years
Part-Time: Average 3.5 years
Full-Time: Average 5 years
Part-Time: Average 6 years
Full-Time: Fall (September)
Part-Time: Fall (September); Spring (January); Summer (June)
Medical Industry Leadership Institute Courses
The requirements to complete a medical industry specialization are below. Please note, not all courses listed are offered every semester. Use the One Stop Class Schedule to verify each semester's course offerings and the assigned professor.
In addition to the Carlson School requirements, students interested in earning a medical industry MBA specialization must complete:
- MILI 6985: The Healthcare Marketplace
- An experiential learning option with work in the medical industry (options that will fulfill this requirement are: MILI6995/6996/6997, IBUS 6997)
- One additional MILI course or other medical industry related elective
- MILI Specialization Application
Specific courses at the Carlson School draw on the faculty’s significant scientific, technical, policy, legal, and ethics expertise relevant to the medical industry. Choose from the following:
- MILI 6235: Pharmaceutical Industry: Business and Policy 2 credits
- MILI 6421: Topics - Healthcare Law: Strategic and Business Implications 2 credits
- MILI 6562: Information Technology in Healthcare 2 credits
- MILI 6589: Medical Technology Evaluation and Market Research 2 credits
- MILI 6726: Medical Device Industry: Business and Public Policy 2 credits
- MILI 6963: Healthcare Market Analytics 2 credits
- MILI 6985: The Healthcare Marketplace 2 credits
- MILI 6991: Anatomy and Physiology for Managers 2 credits
- MILI 6992: Healthcare Delivery Innovations: Optimizing Cost and Quality 2 credits
- MILI 6995: Medical Industry Valuation Laboratory 2 credits
- MILI 6997: Global Valuation Laboratory; IBUS 6997: International (CGI) Valuation Laboratory 4 credits
- SCO 6096: Supply Chain Management in the Healthcare & Medical Devices Sector 2 credits
Pursue a Thriving Career in the Medical Industry
No matter your career aspirations, the Carlson School is here to support you. Connect to a wide range of opportunities and companies that directly shape or impact the medical industry. You can work with the Carlson Business Career Center (CBCC) to search for jobs, polish your resume, and practice your interview skills. It's a one-stop shop to help you on every step of your career journey.
Our graduates work in a variety of areas of the medical industry, including:
- Finance
- Marketing
- Consulting
- Operations
- Information technology
growth in the demand for medical and health services managers between 2022 and 20321
median salary per year for medical and health services managers in 20231
More Ways to Customize Your MBA
Explore our other specialization options:
Frequently Asked Questions
Explore some of our frequently asked MBA specialization questions below.
Apply to the MBA program using our online application. You will not apply to the specialization. Request information for the Full-Time or Part-Time MBA program and we're happy to answer any outstanding questions.
Generally, specializations require students to complete a track of 12-13 credits of courses within a specified subject area. Course recommendations for each specialization are outlined on the documents posted on the specialization webpage.
Yes. Choosing a specialization is not required, and you can change your pathway during your program to pursue another.
A specialization indicates your mastery of and demonstrated interest in a specific area of business, as well as your commitment to that area. Being able to tailor your degree to your goals makes you uniquely qualified for the roles you're planning to pursue after graduation.
MILI gives students opportunities to prepare for leadership track careers in functional areas of the medical industry including finance, marketing, consulting, operations, and information technology.
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