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MD/MBA Program
Course Descriptions


MD/MBA Program

Students interested in joint degree programs must be accepted by both schools.

Students pursuing this joint program take courses at the Worrell Professional Center and at Wake Forest's School of Medicine, both in Winston-Salem. The MD/MBA requires five years to complete. The first year includes MBA courses in the full-time program, a Wake Forest Business Solutions course and a summer internship; the next two years are devoted to medical school and some management electives; the fourth year is spent in clinical rotations in the medical school; and in the fifth year students complete medical rotations and management electives.

Academic Policies

Participants in the MD/MBA program are expected to comply with the general academic policies of both the MD and Full-time MBA Programs except as those policies are specifically altered to accommodate the MD/MBA joint program. Curriculum and other academic matters affecting only the medicine or only the management portion of the joint program are managed by the respective schools. Matters that affect the program in total are determined mutually by the two schools. The provisions of the Wake Forest Full-time MBA Program Certification Document apply to the management portion of the MD/MBA program except that Section III.c dealing with the second year is interpreted to mean the balance of the management portion beyond the first year of the management study. The program is designed to be completed in five years.

The particulars of the program are as follows.

  1. Admission. Applicants for the MD/MBA program must be accepted by each school individually in accordance with the procedures and standards used by the separate schools. Neither school will have any control over the other school's admission determination. Students must indicate their intention to pursue the joint degree before entering either school.

  2. Tuition. The tuition for each of the five years of study will be that of the school charging the higher tuition. The tuition will go to the Schools of Business the first year and 1/2 of each semester of the fifth year. Tuition for years two, three, and four, and one half of year five, will go to the School of Medicine.

  3. Course of Study. A student in the joint degree program will take the first year, full-time curriculum in the Full-time MBA Program. In the next four years, the student will take courses in both schools. Students in the joint degree program are responsible for a Wake Forest Business Solutions course, if required, arranged through the medical management internship program at the School of Medicine.

    Joint degree students may take summer evening courses to fulfill some of their requirements on a space available basis.

  4. Academic Standing and Retention. The courses accepted by one school from the other, for credit towards its degree, shall be accepted as "pass" credits and are not used to determine grade point average or class rank. Each school shall be free to include or exclude the joint degree students with reference to class rank or awards.

    Each student must maintain the academic standing and other requirements of each school. Any student dropped, suspended or expelled from one school is dropped from the joint program and may or may not be allowed to pursue the separate degree of the other school at the discretion of that school.

    MD/MBA candidates will receive their degrees simultaneously and must complete all MD/MBA program requirements in order to receive both degrees.

    If a student ceases to be a joint degree candidate, for any reason, and is allowed to remain enrolled at only one school, that school will determine what credit will be allowed, if any, for courses taken in the other school.

    Registrars in both the Schools of Business and the School of Medicine will coordinate to enforce each school's maximum limit on semester credit hours. Students with overloads must seek approval from the proper authorizing source in both schools.

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Curriculum

The management portion of the MD/MBA curriculum has three components:

Credits Hours
Required general management courses37*/40
Unrestricted elective management courses 12/15*
Total credits management portion of MD/MBA52
Total credits medical portion of MD/MBA 178

*Students with at least 3 years of relevant work experience may not be required to complete a Wake Forest Business Solutions course. If not required, 3 additional credit hours of electives will be taken in place of the course.

Course NameManagement
Credits
Medical
Credits
Year 1
Accounting4 
Financial Management 3 
International Business Management 2 
International Competitive Policy I 2 
Macroeconomics 2 
Management Communication 2 
Managerial Economics 2 
Managing Information Technology2 
Marketing Management 3 
Operations Management 3 
Organizational Behavior 3 
Quantitative Methods 4 
First-Year Mini Electives (2)3 
Total Management Credit Hours - Year 134 
Year 1 Summer
Wake Forest Business Solutions* (if required)
or Elective
3 
Management Electives6 
Year 2
Clinical Decision Making I (in Med. School)3 credits rec'd. after CDM II completed  
First Year of Medical School 42
Year 3
Second Year of Medical School  48
Year 4
Third Year of Medical School  48
Year 5
International Competitive Policy II 1.5 
Law & Ethics 1.5 
Management Electives 6 
Total Management Credit Hours - Year 59 
Fourth Year of Medical School  40
Program Totals52178

** Complete Course Descriptions

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Joint School: School of Medicine

Years of Study: 5

Credit Hours: 52 hours MBA, 178 hours Medicine

Schedule:
1st Year: Full-time MBA Program, Wake Forest Business Solutions, and summer internship
2nd & 3rd Years: Medical School & management electives
4th Year: Clinical rotations at Medical School
5th Year: Clinical rotations and management electives

         
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