MBA applicants can get carried away with rankings. In this series, we profile amazing programs at business schools which are typically ranked outside the top 15.
As the demand for business-savvy health care professionals grows, business schools are taking notice. Leading the way is the new Business of Medicine MBA at Indiana University’s Kelley School of Business, designed to train practicing physicians to assume management positions and face a changing health care business environment. As the Financial Times reports, the two-year degree program began in the fall of 2013 and presents a new kind of opportunity at the intersection of business management and medical practice. The degree combines the basic curriculum of Kelley’s full-time MBA with specialized health care courses supported by the school’s Center for the Business of Life Sciences. The Financial Times quotes interim dean Idalene Kesner, saying, “With this degree, physician leaders will emerge with the full skill set to transform individual institutions, the broad health care field and, most important, patient outcomes.” Part of the Business of Medicine MBA will be taught online, drawing on Kelley’s pioneering strengths in distance learning, while the other part will entail one weekend residence per month, allowing for a more flexible time commitment.