Broad prepares students to be leaders in the changing global marketplace.
As part of that commitment, we provide MBA students with multidisciplinary opportunities. The Broad College partners with other colleges at Michigan State University to support students who are interested in earning dual degrees and industry certifications.
*Dual degree students are not eligible to take the STEM MBA curriculum.
Dual Degree: M.D.–MBA
Educated and trained physicians diagnose and treat human disease, but many times they also run the business of hospitals, medical units or practices, or other health-related businesses.
To ensure they have the education and skills to not only treat people, but also to ensure the operations are healthy, an integrated education through a combined medical degree (M.D.) and master’s in business administration (MBA) can provide health care professionals a greater understanding of the business of health care.
The Eli Broad College of Business and the College of Human Medicine at Michigan State University are proud to partner in a dual M.D./MBA degree. The MBA is a combined classroom and online program consisting of 61 credits: 31 credits of core MBA courses; 18 credits of concentration coursework in management, strategy and leadership; and 12 credits of medical school transfer credits.
Interested students must apply to both the College of Human Medicine and Broad College of Business. The applicant will be evaluated independently by both colleges’ admissions committees. If accepted into both programs, the student’s curriculum will be set up as seen below.
M.D.-MBA by Year (Option A)
| Year 1 | MBA Classroom Coursework |
|---|---|
| Year 2 | M.D. and MBA Online Concentration Coursework |
| Year 3 | M.D. and MBA Online Concentration Coursework |
| Year 4 | M.D. and MBA Online Concentration Coursework |
| Year 5 | M.D. and MBA Online Concentration Coursework |
M.D.-MBA by Year (Option B)
| Year 1 | M.D. Coursework |
|---|---|
| Year 2 | M.D. Coursework |
| Year 3 | MBA Classroom Coursework |
| Year 4 | M.D. and MBA Online Concentration Coursework |
| Year 5 | M.D. and MBA Online Concentration Coursework |
Dual Degree: D.O.-MBA
The Michigan State University College of Osteopathic Medicine and the Eli Broad College of Business offer a dual-degree program for highly motivated students who are interested in developing business competency in medical practice and to prepare physicians for careers in healthcare leadership.
Graduates of the dual degree will gain expanded career opportunities and reinforce their clinical education in the marketplace. The program is designed to be completed in five years. The MBA portion of the joint degree specializes in management, strategy and leadership.
Students who go through the dual degree will complete their first two years in the D.O. program at the College of Osteopathic Medicine. The third year is used taking MBA classes and then during the fourth and fifth year the student fulfills all the requirements of the D.O. program (while completing the rest of their MBA credits online). Alternately, students can complete their in-residence MBA year before starting medical school and complete the rest of their online MBA courses while doing their College of Osteopathic Medicine coursework. Applicants must fulfill (both) the D.O. and MBA application requirements to be considered for the dual degree.
D.O.-MBA Program by Year (Option A)
| Year 1 | MBA Classroom Coursework |
|---|---|
| Year 2 | D.O. and MBA Online Concentration Coursework |
| Year 3 | D.O. and MBA Online Concentration Coursework |
| Year 4 | D.O. and MBA Online Concentration Coursework |
| Year 5 | D.O. and MBA Online Concentration Coursework |
D.O.-MBA Program by Year (Option B)
| Year 1 | D.O. Coursework |
|---|---|
| Year 2 | D.O. Coursework |
| Year 3 | MBA Classroom Coursework |
| Year 4 | D.O. and MBA Online Concentration Coursework |
| Year 5 | D.O. and MBA Online Concentration Coursework |
Healthcare Management Concentration
The MBA Healthcare Management concentration offers our students the opportunity to develop their understanding of medical administration, human resources, and healthcare leadership in business-driven courses developed for medical professionals. Students will partner with classmates from across the medical field in team-based learning courses intended to provide insight into the day-to-day practices of medical offices, hospitals, or any healthcare organization. All DO and MD dual degree MBA students must fulfill the Healthcare Management concentration as part of their curriculum.
Healthcare Management MBA Concentration Courses
12 credit concentration (MD/DO-MBA only)
MGT 810 (3 credits) is required for all, then select 9 credits of HCM classes. Additional credits beyond the 9 may be required based on agreements between colleges.
- MGT 810 Human Resource Management for General Managers
Human resource management functions performed by all managers. Design, administration, and evaluation of human resource activities. Needs assessment, program implementation and evaluation, information management and decision support, and international human resource management.
View full course description at the Office of the Registrar.
- HCM 801 Critical Thinking and Innovation in Healthcare Critical thinking and innovation as vital management tools for healthcare professionals. Strategies for dealing with cognitive biases and unrecognized assumptions. Determining causality. Navigating pathways in critical reasoning. Maximizing reasoning effectiveness. Developing and implementing innovative design, processes, and leadership in healthcare.
- HCM 802 Cost Analysis in Healthcare
Cost accounting and management control tools and techniques for making value-added decisions in important healthcare contexts. Topics will include (a) Cost Analysis: cost estimation, cost allocation, and cost behavior; (b) Pricing: revenue management and strategic product-mix decisions; (c) Profitability: analytical techniques for determining profitability of departments, services, and patients; (d) Control: budgeting, variance analysis, coordination of activities among departments; and (e) Contracting with suppliers and insurance companies.
View full course description at the Office of the Registrar.
- HCM 805 Quality, Risk, and Performance Management
Managing healthcare performance by means of quality initiatives, process management, and risk management. Relevant methods, principles, processes, strategies and systems thinking.
View full course description at the Office of the Registrar.
- HCM 806 Healthcare Information Systems
Issues in the management and implementation of healthcare information systems and application of information technologies to support the effective and efficient delivery of healthcare work processes to stakeholders. The relationship between quality management and information management. Technology standards, security, and emerging technologies. Healthcare analytics.
View full course description at the Office of the Registrar.
- HCM 807 Law and Ethics in Healthcare
Legal and ethical doctrines, principles, applications, and issues in healthcare organizations. Legal and ethical dimensions of decision making, administrative law, and planning in healthcare.
View full course description at the Office of the Registrar.
- HCM 808 Healthcare Systems and Economic Policy
Organization of U.S. health system, policy process, and services. Dynamics of economic theory, valuation, financing and delivery of healthcare.
View full course description at the Office of the Registrar.
- HCM 809 Organizational Behavior in Healthcare
Role of workforce leadership in fulfilling the goals and mission of healthcare organizations. Theories and applications of organizational behavior principles to motivating, rewarding, and structuring employees’ work. Managing groups and teams. Structuring the organization. Domestic and international issues in the workplace.
View full course description at the Office of the Registrar.
- HCM 810 Human Resource Management in Healthcare
Human resource management for healthcare organizations. Strategies for human resource recruitment, utilization, productivity, compensation, and development.
View full course description at the Office of the Registrar.
- HCM 811 Healthcare Strategic Management
Examines ways top managers create and sustain competitive advantage in today’s challenging healthcare marketplace from a total firm perspective.
View full course description at the Office of the Registrar.
- HCM 812 Supply Chain Management in Healthcare
Concepts and tools of supply chain management related to healthcare settings. Management of resources, sourcing, operations, inventory, logistics, and capacity for effective services, quality, and cost performance.
View full course description at the Office of the Registrar.
- HCM 813 Healthcare Services Marketing
The principles and processes of marketing and its role in effectively managing healthcare services for improvement and policy making.
View full course description at the Office of the Registrar.
- HCM 814 Hospitality and the Patient Experience
The patient experience in healthcare as it relates to hospitality marketing, service quality management, patient well-being, and the role that leadership plays in the process.
View full course description at the Office of the Registrar.
- HCM 815 Managerial Epidemiology and Population Health
Epidemiological concepts for decision-making in healthcare organizations. Managerial strategies for applying population health principles to disease assessment, community forecasting, cost effectiveness, and utilization of services.
View full course description at the Office of the Registrar.
- HCM 817 Healthcare Leadership
Review of leadership theories and practices as applied in healthcare organizations. Development of leadership skills.
View full course description at the Office of the Registrar.
- HCM 818 Strategic Decision Making
Explores the process of strategic decision-making in healthcare organizations. Identifies issues that impeded and improve decision success. Examines a range of contextual factors that influence the decision process.
View full course description at the Office of the Registrar.
- HCM 819 Market Analysis and Planning
Techniques, systems and formats to comprehend healthcare market forces and develop value-based healthcare marketing plans.
View full course description at the Office of the Registrar.
- HCM 821 Healthcare Regulations
Examines the role of regulations in the healthcare industry, focusing on standards of regulatory and accreditation organizations. Explores regulation in relationship to organizational culture and performance.
View full course description at the Office of the Registrar.
- HCM 822 Healthcare Compliance
Explores the importance of compliance in healthcare organizations. Effective healthcare compliance, governance issues, fiduciary responsibilities, and challenges faced in the healthcare industry.
View full course description at the Office of the Registrar.
- HCM 823 Enterprise Risk Management
Best approaches, academic and practical, to creating and implementing an Enterprise Risk Management (ERM) system. Examines ERM from a healthcare perspective. Key risk frameworks and tools for critical analysis of issues.
View full course description at the Office of the Registrar.
Dual Degree: J.D.-MBA
Students may pursue a dual degree in law and business through our joint program with the Michigan State University College of Law. Twelve credits from the law program count toward required MBA electives, shortening the timeframe required to complete both degrees.
J.D.-MBA by Year (Option A)
| Year 1 (1L) | Law Classroom Coursework |
|---|---|
| Year 2 | MBA Coursework |
| Year 3 (2L) | J.D. and MBA Concentration Coursework |
| Year 4 (3L) | J.D. and MBA Concentration Coursework |
J.D.-MBA by Year (Option B)
| Year 1 (1L) | Law Classroom Coursework |
|---|---|
| Year 2 (2L) | Law Classroom Coursework |
| Year 3 | MBA Coursework |
| Year 4 (3L) | J.D. and MBA Concentration Coursework |
CFA Certification Support
Broad is one of 36 MBA programs nationwide designated as a Chartered Financial Analyst (CFA) Program Partner of the CFA Institute.
The CFA Institute is a global nonprofit association of investment professionals that awards a number of designations, including the CFA designation. The CFA is considered the investment profession’s most rigorous credentialing program.
The CFA Institute partners with globally diverse, high-profile institutions who cover a significant portion of the CFA Program Candidate Body of Knowledge and who embrace the CFA Institute Code of Ethics and Standards of Professional Conduct in their degree programs.
Broad’s participation as a CFA Program Partner ensures interested students are well prepared to sit for the CFA exams. Students who wish to earn the CFA designation have access to academic support for all three levels of the CFA examination. Scholarships are available through the institute for qualified students.
Get Connected with Broad:
- Business College Complex
- 632 Bogue St
- East Lansing, MI 48824