Harvard University has become the latest school to mix medical education with a graduate business degree. The university's medical school and business school will launch a dual-degree program in September 2005 to help prepare doctors to better understand the fundamentals of management in an increasingly complex and costly healthcare system.
Joining about 40 other medical schools that now offer a joint MD/MBA program, Harvard plans a five-year program that will concentrate on medical education in the first three years but with an increasingly pervasive management perspective. Students will spend the fourth year at the business school, then divide their time between medicine and business in their last year of study.
The program will train students for management careers in a range of healthcare organizations, from large hospitals and medical practices to drug firms and medical-device makers.