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MD/MBA in Healthcare Management Dual-Degree

Become a leader in the business of health care

The most successful physician leaders understand the medical and business sides of health care.  They navigate an industry undergoing complex financial and regulatory changes, while also helping the U.S. address significant disparities in care delivery and outcomes. They need the knowledge and management skills to assume leadership roles in hospitals and health systems as well as understand the needs of patients, families, and healthcare teams.

Join the growing network of physicians leading the charge to improve healthcare delivery. At Loyola University Chicago, Stritch School of Medicine students can earn their Master of Business Administration (MBA) at the nationally-ranked Quinlan School of Business. Armed with this combined knowledge, you will be prepared to innovate and lead change in the healthcare ecosystem.

Our Commitment To You

Graduates with an MD/MBA from Loyola will possess the following knowledge, skills, and professional values to serve in key leadership positions in hospitals and health systems.

Knowledge

You will learn the fundamentals of business management with a specific emphasis on health care management, including finance, economics, ethics, operations, and risk management.

Skills

  • Managerial accounting
  • Operations management and technologies
  • Data analysis and risk assessment

Professional Values

The MD/MBA program emphasizes responsible leadership, where you will learn the tools to identify and navigate business issues and dilemmas based on sound ethics.

Curriculum

Program Structure

Students can begin their MBA before the first year of medical school (M0) or take a one-year leave following their second (M2) or third (M3) year. The MBA program is one year of study during which students take four classes per week.

About the MBA Curriculum

Nearly half of the MBA curriculum will be specific to healthcare management, covering finance, economics, ethics, operations/supply chain management, and risk management. You will take healthcare management courses with other students (including physicians) who work in the industry, allowing you to delve into topics with professionals who share your interests and manage issues in "real time."

Admission

Ready to apply? This is a great place to start.

Application Deadlines

We accept applications for the dual-degree MD/MBA on a rolling basis. Applicants are encouraged to apply by the deadlines outlined below. Admission to the MD/MBA dual-degree program is competitive and limited to 10 students per academic year.

ANTICIPATED START

DEADLINE

Pre-medical School Start

April 30

M2 or M3 Start

July 15

 

Application Process

1. ADMISSION TO STRITCH

  • Applicants must be admitted to the Stritch School of Medicine before applying to the dual-degree program.

2. COMPLETED APPLICATION

3. STATEMENT OF PURPOSE

  • Applicants must submit a statement of purpose to the Quinlan School of Business.

4. LETTER OF SUPPORT

  • Letter must come from the Office of the Dean at Stritch.

*No GMAT required

Questions? Contact Quinlan's Associate Dean of Graduate Programs Pamela McCoy or via phone at 312.915.6584.

Tuition and Financial Aid

The Stritch School of Medicine, Quinlan School of Business, and Loyola's Financial Aid Office are committed to helping students secure the financial resources to make their education at Loyola affordable. Tuition assistance is available and is separate from your medical school award. Begin the financial aid process by completing your Free Application for Federal Student Aid (FAFSA). Quinlan offers a 35% tuition discount to applicants who meet selection criteria.

The most successful physician leaders understand the medical and business sides of health care.  They navigate an industry undergoing complex financial and regulatory changes, while also helping the U.S. address significant disparities in care delivery and outcomes. They need the knowledge and management skills to assume leadership roles in hospitals and health systems as well as understand the needs of patients, families, and healthcare teams.

Join the growing network of physicians leading the charge to improve healthcare delivery. At Loyola University Chicago, Stritch School of Medicine students can earn their Master of Business Administration (MBA) at the nationally-ranked Quinlan School of Business. Armed with this combined knowledge, you will be prepared to innovate and lead change in the healthcare ecosystem.