<p>Rutgers</a> Business School : MD / MBA - New Brunswick</p>
<p>That says you earn your MBA and also an MD in 5 years. But you don't take the MCAT's, just GMAT...am I missing something?</p>
<p>I can go to this "med school" without taking MCAT's?</p>
<p>It's separate admissions. You're just seeing the business school's side of the admissions process.</p>
<p>What I don't understand about MD/MBA and JD/MBA programs is that MD and JD programs are generally taken right out of undergrad. Do most of the people who do these programs get work experience after undergrad before they go back?</p>
<p>Not true. Average MS1 student is 25 years old.</p>
<p>I have a buddy that was in this program (straight from undergrad). It allows the medical students to take all the business classes in one year (so it's pretty intense). He loved business school though. He told me that many of the business school students at Rutgers are straight from undergrad, so it's not really at the level of a top school, but I'm sure most people who are going into a program like this just want the business knowledge and not necessarily the job selection (as most are planning to work as MDs).</p>
<p>Interesting. I didn't know that the average age of a first year med student was that old. I think that personally, I would prefer to enter med or law school closer to my first year out of college.</p>
<p>I'm sure most people would like to enter med school straightaway. Problem is, admissions is tough. Many go and get a masters in some health-related field or work in a lab for a year or so and then reapply. Some people even just take a year off to focus on improving their MCATs.</p>
<p>Of course, there are also people that just want to give themselves a chance to do something different before they go to med school and work their butts off for many years.</p>
<p>I'm not sure if this is still the case, but i know in the past if you didn't get a high enough score on the MCAT you would have to wait a year to take it again.</p>
<p>No longer true. You need special permission for anything more than three times ever. Scores expire in three years.</p>
<p>No offense, but this degree combo has go to be the biggest waste ever.</p>
<p>I can't see anyone needing both degrees to rise up in a company... and 1 degree won't help the other.</p>
<p>Just out of curiosity... what are your goals with these degrees.</p>
<p>No, I personally wouldn't do it. I was just curious on how it worked.</p>
<p>I don't know if it's a complete waste. MDs are often completely clueless about business and this could certainly help one start their own business in the future (whether it be their own private practice, or a medical related startup). Obviously, the value in the MBA would be limited to the knowledge that it provides.</p>
<p>Are you saying that the Rutgers MBA has absolutely no networking value whatsoever?</p>
<p>homesizzle-why would this be a waste? Whay if you wanted to be in hospital administration or run your own practice?</p>
<p>If you wanted to learn how to run your own practice, an MBA is definitely not the way to go about it.</p>
<p>You learn how to run a practice by working at another practice and observing and learning the business. This goes for any other business. If you want to run a dry cleaning business, you work at another dry cleaning business... etc.</p>
<p>To say an MBA will know more about running a practice than a person who currently works at a practice is very naive and foolish.</p>
<p>You guys give MBAs too much credit.</p>
<p>
[quote]
Are you saying that the Rutgers MBA has absolutely no networking value whatsoever?
[/quote]
</p>
<p>It definitely has some. I don't think an MD should expect much out of it. This is especially true considering they will be extremely busy taking 2 yrs of business courses in 1 yr and still have 3 years of residency after medical school.</p>
<p>
[quote]
You learn how to run a practice by working at another practice and observing and learning the business
[/quote]
</p>
<p>I'm sorry, but I know way too many MDs that are completely clueless about business. Most don't know how to take care of their own finances, much less run a business. Considering that they will all be making 6 figures plus, I don't think a year of their time is too much to ask. (it may be well worth it just to teach them about their own investments)</p>
<p>Furthermore, if you learn how to run a dry cleaning business from a bad dry cleaner, you are not going to be running that great of a business. If you run a clinic and your office manager turns out to be crooked, you better be able to recognize what he/she is doing. If your business acumen isn't up to par, it's likely that you will get ripped off (just as many wealthy people do from many walks of life).</p>
<p>Why not go for a JD/MD? I'm kidding. That would be an absolute nightmare. I don't think an MBA is worth it for someone getting an MD. Most MBAs are there for a career change. In other words, it's just an overpriced headhunter.</p>
<p>That is not to say that a Harvard or Wharton MBA is totally useless, but business isn't really an academic area of study. It's the kind of field where whoever makes the most money is right.</p>
<p>
[quote]
Why not go for a JD/MD?
[/quote]
</p>
<p>I have a buddy who has been in law for 5 years and wants to go back for his MD.</p>
<p>A friend's son just finished a Harvard MBA after getting an MD. I think he did a couple years of residency before getting his MBA. He's working at a silicon valley VC evaluating health care related investments.</p>
<p>I doubt he will ever practise medicine since compensations are so much higher in VC.</p>
<p>There may be clueless MDs out there, but taking some econ and finance classes won't make them a better business owner.</p>
<p>MD schools already have classes tailored to running practices and other business related functions in the medical field. Loading up on these courses would be much better than taking econ 101 and statistics 11 in the MBA building down the road.</p>
<p>As far as going into health care VC with an MD/MBA... that's great. He probably didn't know what he wanted to do with his career.</p>
<p>But to tell someone to go get an MD/MBA just to get into healthcare VC is short-sighted and stupid. If he was smart enough to be an MD and get into Harvard MBA, then aruguably he was capable of getting into VC with just an MBA.</p>