Kenan-Flagler Business School to Offer New Joint MBA-MD Program at UNC
The Kenan-Flagler Business School at the University of North Carolina at Chapel Hill this week announced a new partnership with the University’s School of Medicine to launch a dual-degree program offering students the opportunity to earn joint doctor of medicine (MD) and master of business administration (MBA) degrees in five years.
UNC touts its new program as being unique among the growing number of such joint degree programs at other schools in that beyond offering healthcare management courses to medical students, it truly integrates leadership, innovation and entrepreneurship into the curriculum.
UNC also hopes to set its dual-degree program apart by giving students greater opportunities for experiential learning in which they work directly with clinicians and health business experts associated with the leading medical center UNC Health Care System to help solve real-life challenges facing healthcare today. UNC Health Care will welcome innovative projects designed to improve patient outcomes and reduce health costs, William Roper, dean of the School of Medicine and UNC Health Care CEO, said in a statement.
The first students of the new program will start classes in the fall. To participate, students must apply and be accepted by both the MD and MBA programs. They can apply concurrently to both programs or during their first or second year as part of the medicine program. Students in the program will first complete the first three years of the MD program, complete core and elective MBA courses during their fourth year and take electives in both the MD and MBA programs as part of their fifth year.
“We are pleased to join the School of Medicine in this important dual degree, which is part of our larger partnership with UNC Health Care to train the healthcare leaders of the future,” Kenan-Flagler Dean James W. Dean Jr. said in a statement. “This unparalleled program – fusing the assets of top business and medical schools – will prepare leaders in science to continue to drive innovation in human health while they master tools to transform health care to reflect higher standards of affordability,” he continued.
The dual-degree program is just the first of several planned future collaborations between the School of Medicine and Kenan-Flagler. There are also plans to create new courses for the existing MBA curriculum focused on the changing landscape of healthcare, as well as to offer healthcare business electives for medical students not enrolled in the dual-degree program. The directors of the centers for entrepreneurship at each Kenan-Flagler and the School of Medicine are also leading efforts to work more collaboratively.
Learn more about the new UNC dual MBA/MD degree program.