In recognition of the critical need for leaders educated in the intellectual disciplines and practices of medicine and management, Harvard Medical School (HMS) and Harvard Business School (HBS) established the MD/MBA program and enrolled its first students in the fall of 2005.

The program's mission is to develop outstanding physician leaders, skilled in both medicine and management, to take positions of influence through which they will contribute substantially to the health and well-being of individuals and society.

Structured to be completed in five academic years, the MD/MBA program educates prospective leaders of a wide range of health care organizations, such as those that finance and deliver health services as well as those that develop and market pharmaceuticals, medical devices, and other health-related products. Participants are strongly encouraged to enter and complete a medical residency, or other kind of postgraduate clinical training, upon graduation from the joint degree program. MD/MBA graduates are expected to provide the informed leadership necessary for innovation and progress at the intersection of medicine and business.

Curriculum Overview

The curriculum of the MD/MBA program is rigorously grounded in fundamental management concepts — including strategy, economics, finance, marketing, operations, and more — and the core science disciplines of medicine, such as anatomy, biochemistry, genetics, physiology, and related studies. Further, the MD/MBA is designed as an integrated curriculum, rather than simply a sequence of MBA classes added to the standard medical education. The opportunity to combine these disciplines drives the enthusiasm of faculty and the ambitions of degree candidates.

The typical candidate is expected to follow the sample schedule outlined below:

  • Harvard Medical School

    Harvard Medical School

    • Pre-Clinical Courses: The Human Body, Chemistry & Biology of the Cell, Integrated Human Physiology, Pharmacology, Genetics Development & Reproductive Biology, Immunology, Microbiology, and Infectious Diseases
    • Additional Courses: Patient-Doctor I, Introduction to Health Care Policy, Clinical Epidemiology, Social Medicine, Medical Ethics and professionalism, and Introduction to Health Care Management

    Summer Internship in Business Management

    Following the first year, students are required to complete an internship/field experience in health-related management arranged in consultation with and mentored by HBS and HMS faculty. Students with sufficient management experience prior to beginning the program may be exempt from this requirement.

  • Harvard Medical School

    Fall & Spring Semesters

    • Human Nervous System & Behavior
    • Pathologyv
    • Human Systems I & II
    • Patient-Doctor II
    • Psychopathology
    • Preventive Medicine & Nutrition
    • Health Management Seminar

    Summer

    Begin HMS principal clinical experience

  • Harvard Medical School

    Fall & Spring Semester

    • Principal Clinical Experience
    • Patient-Doctor III
    • Medicine and Management

    Summer

    HMS Clinical Rotations

  • Harvard Business School

    Fall Term

    • Finance I
    • Financial Reporting and Control
    • Leadership and Organizational Behavior
    • Marketing
    • Technology and Operations Management

    Spring Term

    • Business, Government and the International Economy
    • Strategy, The Entrepreneurial Manager
    • Finance II
    • Leadership and Corporate Accountability

    More about Required Curriculum

    Summer

    • HMS Primary Care Clerkship
    • HMS Clinical Rotations
  • Harvard Medical School and Harvard Business School

    Fall & Spring Semesters

    Students can opt to spend a full semester of electives at each school separately or to spend both semesters taking classes at both schools.

Admission

Applicants interested in the MD/MBA Program apply to HBS and HMS separately and are selected independently. When applying, students must identify their interest in the joint degree program.

While each school will maintain its separate admissions timetables, all applicants interested in the joint degree program are required to apply to HBS in the first two of three rounds. All applicants interested in the joint degree program are required to apply to HMS by the November deadline.

Students currently enrolled in the HMS MD Program can apply to HBS only during their second year at HMS and only in the first of three rounds of HBS admissions. HMS students will be considered for the joint MD/MBA Program only if they have completed the Health Management Seminar and the Summer Internship in Business Management. Once a student has been admitted to and enrolled in the joint MD/MBA program, the student must complete both degrees successfully in order to achieve graduation from Harvard.

Tuition and Financial Aid

In Years 1, 2, and 3 of the MD/MBA program, students are registered at HMS pursuing core medical curricular requirements and pay full HMS tuition and fees. Students apply to the HMS Financial Aid Office for financial aid in these years and follow standard HMS financial aid policies and procedures.

In Year 4, students are registered at HBS pursuing the MBA Required Curriculum and pay full HBS tuition and fees. Students apply to the HBS Financial Aid Office for financial aid in Year 4 and follow standard HBS financial aid policies. View a student budget for the HBS MBA Class of 2014.

In Year 5, students' primary school of enrollment is HMS, and students pay HMS full-year tuition and fees. Students apply to the HMS Financial Aid Office for financial aid in Year 5.

Students in the joint degree program will be limited to a total of five years of financial aid from HMS and HBS toward the MD/MBA degrees.

FAQ

What is the mission of the MD/MBA Program?

The program's mission is to develop outstanding physician leaders, skilled in both medicine and management, to take positions of influence through which they will contribute substantially to the health and well-being of individuals and society.

Why should I consider the program?

The MD/MBA joint degree is for individuals whose ambitions will be fulfilled at the intersection of medicine and business: for example, in hospital administration, medical device entrepreneurship, health and public policy, and more.

What are the typical career objectives of students?

Students in the MD/MBA program combine a passion for practicing medicine with a growing desire to expand their interests into new ventures — to conduct research, manage hospitals, shape public policy, launch health care-related entrepreneurial ventures, balance medical needs with economic realities, reduce costs to patients while increasing quality, and apply engineering to medicine to produce the best medical devices.

How is the degree curriculum structured?

See the curriculum timeline above.

How do I apply?

Applicants apply to HMS and HBS separately and must be admitted independently.

What are the admissions deadlines?

Students currently enrolled in the HMS MD Program can apply to HBS only during their second year at HMS and only in the first of three rounds of HBS admissions.

While each school will maintain its separate admissions timetables, all applicants interested in the joint degree program are required to apply to HBS in the first two of three rounds. All applicants interested in the joint degree program are required to apply to HMS by the November deadline.

Can I change my mind about the joint degree program after I start?

No. Once students are admitted to and enrolled in the joint MD/MBA program, they must complete both degrees successfully in order to graduate from Harvard.

With whom can I speak to get more information?

Information about admission requirements can be obtained by contacting both the HBS and HMS admissions offices.