The University of North Carolina Kenan-Flagler Business School and the UNC School of Medicine have established the MBA Fellowship Program for School of Medicine faculty seeking an MBA.
UNC School of Medicine faculty who are admitted to the MBA@UNC and Evening and Weekend Executive MBA Programs will receive $10,000 fellowships
“There is a critical need for physician leaders with formal business training in a reformed high-value American Health Care System, said Allen Daugird, MD, MBA, president of UNC Faculty Physicians. “This fellowship program is one way for UNC Health Care to contribute.”
This fellowship extends the collaboration between the two schools on programs in medical entrepreneurship and innovation. It draws on their strengths to educate future healthcare leaders across functional areas and bring collaborative and innovative solutions to the health care industry that improve care and reduce costs.
“This is a terrific partnership with UNC Kenan-Flagler,” said Cam Patterson, MD, MBA, associate dean for health care entrepreneurship and chief of cardiology, “and one more way we can jointly contribute to the development of future leaders of the School of Medicine and UNC Health Care.” Patterson is a 2008 graduate of the Executive MBA Program at UNC Kenan-Flagler.
“The shifting nature of healthcare management demands that physicians develop and apply new frameworks and skills,” said James W. Dean Jr., dean of UNC Kenan-Flagler. “Many doctors have already benefited by attending our MBA programs, and we are eager to help others lead the health care industry through these dramatic changes.”
In addition, UNC Kenan-Flagler will waive the GMAT/GRE requirement and application fees for School of Medicine faculty applicants. Fellowship recipients will be required to continue their employment at the School of Medicine for two years after graduation.
The schools introduced an MD\MBA dual-degree program in May 2012, and enrolled its first class in August 2012.
The schools also have collaborated to develop a health care-focused curriculum for students in the full-time MBA Program. The first two courses in the curriculum, an introductory health care overview course and a health care marketing course, debuted in the spring of 2012. Under Dr. Patterson’s leadership, the curriculum has rapidly expanded to include a total of seven elective courses covering areas such as healthcare entrepreneurship, pharmaceutical economics, health care operations and health care consulting. Currently, the courses are open to all UNC graduate students, space permitting.
Information sessions about the fellowship program will begin in March. For more information, please contact Jeff Kennedy (email@example.com) or Christine Ferrell (Christine_Ferrell@kenan-flagler.unc.edu).