MBA/MD
Students interested in becoming leaders in health-care organizations such as physician practices, hospitals, or insurance and pharmaceutical companies may pursue a Full-Time MBA and MD degree. The joint-degree in medicine and business arms students with the necessary knowledge in economics, statistics, and the behavioral sciences to become leaders in their field.
Program Structure
To earn a dual MBA/MD degree, students complete 1400 units of Booth-only course credit (+LEAD) and required coursework at the University of Chicago Pritzker School of Medicine over a five-year period. Students complete their first two years of residency in the medical school. Students are encouraged to complete their first two years of medical school prior to applying.
During their third year at the medical school, they complete their clerkship/rotations during all four quarters. During their fourth year, students spend Summer Quarter at the medical school and Autumn, Winter, and Spring Quarters at Chicago Booth, where they typically complete 1200 units of course credit plus LEAD. Their final year consists of a business internship in the Summer Quarter followed by their remaining quarters spent in the medical school, where they incorporate their remaining 200 units of course credit at Chicago Booth to complete the joint-degree requirements.
| Year |
Summer | Autumn | Winter | Summer |
|---|---|---|---|---|
| Year 1 | MD | MD | MD | MD |
| Year 2 | MD | MD | MD | MD |
| Year 3 | MD (Clerkship/Rotations) | MD (Clerkship/Rotations) | MD (Clerkship/Rotations) | MD (Clerkship/Rotations) |
| Year 4 | MD | --- | --- | --- |
| Year 1 (Chicago Booth) | --- | Booth | Booth | Booth |
| Year 4 (MD)/Year 2 (Chicago Booth) | Booth internship | MD* | MD* | MD* (Post-MED) |
*Students must remain in MD residency all year to qualify for malpractice insurance
Tuition
The school determines the tuition charges. Students will be obligated to pay tuition equal to the amount of 4 quarters of Booth tuition. This amount is charged across three equal, quarterly installments during the year in Booth residency. The School of Medicine charges tuition at a flat rate, regardless of how many courses are taken.
Booth Courses
This course is required of all Full-Time students and is completed during the Autumn Quarter of their first year of residency in the program. The course is designed to enhance students’ self-awareness and interpersonal effectiveness by providing them with an opportunity to benchmark themselves with respect to critical aspects of leadership—working in teams, influencing others, conflict management, interpersonal communication, presentation skills, etc. The course also helps students create a personalized plan to guide their continued development at Booth and beyond.
Basic Courses: Financial Accounting
Advanced Alternatives: Accounting & Financial Analysis 1, Accounting & Financial Analysis II, Financial Statement Analysis
Basic Courses: Microeconomics, Advanced Microeconomic Analysis, Accelerated Microeconomics
Advanced Alternatives: Topics in Microeconomics Theory
Basic Courses: Business Statistics, Applied Regression Analysis
Advanced Alternatives: Analysis of Financial Time Series; Financial Econometrics; Statistical Insight into Marketing, Consulting, and Entrepreneurship; Data Mining; or any PhD-level statistics
700 (of 800) Functions, Leadership & Management, and Business Environment
400 Electives
Courses for the Medical School
To learn more about the curriculum requirements and structure of the medical degree, students should visit the Pritzker School of Medicine’s website or email Pritzker's admissions office.
Admissions Process
Students are encouraged to complete their first two years of medical school prior to applying to this joint-degree program. If interested in pursuing the MBA/MD, current students should reach out to Dr. Jim Woodruff, associate dean of students at the Pritzker School of Medicine. Prospective students should contact the Pritzker Admissions office to learn more about exploring their MBA/MD degree options.
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