D.O. / Master of Business Administration (M.B.A.)
The Business of Medicine
PCOM's DO/MBA Degree Program, the osteopathic profession's first graduate program
in business administration, increases your career options and practice management
skills while you prepare to become a physician. Learn what they don't teach you in
medical school. On the business side, medical students today sense a need for solid
business sense to manage a practice successfully in an age of increasing competition
PCOM does an excellent job of training you as an osteopathic physician. A cooperative
program with St. Joseph's University now makes possible an augmented degree track
that can enhance your efficiency and skills as a clinician by equipping you for the
business management side of medicine.
The DO/MBA program provides the business know-how every physician needs. A solo practitioner
learns to make business decisions about managing time, money, personnel and practice
building. Those joining group practice enter a small business that markets medical
services, subject to all the lore and pitfalls of the business world. And physicians
serving administration positions in academic health care centers, major hospitals,
clinical departments or public health delivery gain a credential for senior management
A Five-Year Track
An attractive feature is the ability to pursue an uninterrupted medical education
while fulfilling MBA course requirements at nearby St. Joseph's University. The key
is a flexible PCOM curriculum allowing you, in effect, to complete your second year
of clinical didactic medical courses over two years while completing MBA curricular
requirements. So in just two academic years and two summer sessions you will earn
an MBA in addition to completing your sophomore medical year. The total MBA-DO program
length is five years.
After acceptance and completion of PCOM's standard first year, you carry two business
courses the first summer. During the second year, your medical course load is reduced
by half as you take two evening business courses each semester. The second summer
and the third academic year follow the same pattern.
Upon completion of the two-year business curriculum, St. Joseph's University awards
your MBA degree. You then resume a full-time medical education during the last two
years of clinical clerkships. Upon completion of the five-year combined medical and
business program, the DO degree is awarded at PCOM's commencement along with special
recognition of your dual degrees in business and medicine.
MBA Degree Requirements
The MBA curriculum is designed to provide a solid background in a broad range of business
skills useful to the physician as business manager. The program requires completion
of 12-14 MBA courses of three credits each. (Depending on your undergraduate record,
a business math course may be required.) The courses are:
Skills for Successful Team Projects
Developing Decision Making Competencies
Accounting, Finance and Economics for Health Care
Creating and Measuring Customer Value
Creating and Measureing Shareholder Value
Developing Managerial Skills Sets
Health Care Marketing
Contemporary Information Technologies
Empowering Human Potential at Work
Strategic Management in Health Care Organizations
All MBA courses are evening classes held at the main campus of St. Joseph's University.
The MBA courses offered at St. Joseph's branch campuses are also open to DO/MBA students.
Tuition and Financial Aid
The total cost of tuition and fees for the MBA program and half-time PCOM course work
is equal to the cost of an additional year of PCOM tuition. All costs are payable
to PCOM on the regular schedule, and the college pays your MBA tuition and fees directly
to St. Joseph's University.
Students in the joint degree program continue to be classified as full-time PCOM students
and receive all standard college services, including health insurance.
All primary sources of financial aid are available for this additional year of study,
including Stafford Loans (formerly GSL loans) and HEAL loans. Financial aid continues
to be administered by PCOM; no separate arrangements with lending sources are necessary.
Admissions Requirements and Procedures
First-year PCOM students in good standing are eligible for joint degree program admission,
and MCAT scores are accepted in lieu of the GMAT. You must have an undergraduate GPA
of 2.75 or above and MCAT scores in the 50th percentile or above. Admission may be
conditional on the successful completion of second semester medical studies.
Submit your application to the Graduate School of Business, St. Joseph's University,
along with three letters of recommendation and your undergraduate transcript. First-year
PCOM grade reports and MCAT scores are forwarded by PCOM to a joint admissions committee.
Application to the DO/MBA program must be made before March 1 of your first PCOM year,
and decisions are announced by April 1. Comprised of PCOM and St. Joseph's University
faculty, the joint admissions committee reviews all materials and makes final admission
decisions. A personal interview is not required.
For more information and an application packet, contact Robert Cuzzolino, EdD, Vice
President for Graduate Programs at PCOM, (215) 871-6770. Ms. Adele C. Foley, Director,
MBA Program, St. Joseph's University, (215) 660-1690, is available to answer questions
about the business curriculum.
Get Down To Business
Prepare for the complex world of managed care. PCOM's joint DO/MBA program with St.
Joseph's University is the first of its kind in the nation. It's a step beyond the
costly trial-and-error method of learning to manage a practice, or on-the-job training
in health care administration. Earn a dual degree and be ready for the business side
of health care tomorrow.