New M.B.A. program to train healthcare industry leaders
The Yale School of Management (SOM) is launching an innovative M.B.A. program designed to provide healthcare executives with the latest management tools.
Titled Yale M.B.A. for Executives: Leadership in the Healthcare Sector, the program will begin in August of 2005.
The initiative combines the resources of one of the country's leading M.B.A. programs with the knowledge and technical and policy expertise of one of the nation's foremost medical programs, the Yale School of Medicine. The program is designed to provide participants with the background necessary to be part of the next generation of healthcare leaders.
"The healthcare industry is under mounting pressure to change," says Dr. Howard Forman, director of the M.D./M.B.A. joint degree program at SOM and the medical school, who will co-direct the new program with Stanley J. Garstka, deputy dean of SOM, and Dick R. Wittink, the George Rogers Clark Professor of Management and Marketing.
"With the ever-increasing cost of healthcare, an intensifying public focus on the quality and value of basic health services, and an underlying desire to meet the needs of all segments of our population, the industry needs highly creative and effective leaders capable of transforming the healthcare delivery system," says Forman. "Through better management, healthcare can be made more efficient, thus providing better care to more people. With Yale's tremendous knowledge base in healthcare management, the Yale M.B.A. for Executives program is well positioned to provide executives with the tools and knowledge to achieve this."
The new program is designed for professionals in leadership positions from all sectors of the healthcare industry, including pharmaceutical, biotech, managed care, hospitals, healthcare consulting, health insurance, healthcare policy and regulation. High-level executives with relevant experience in the health sector are invited to apply.
The first year of the two-year program will revolve around Yale's core M.B.A. curriculum, which provides a thorough grounding in accounting, economics, finance, marketing, operations, organizational behavior, political analysis, applied statistics and strategy. The second year will provide an in-depth focus on topics that relate directly to the unique characteristics of the healthcare industry. Throughout, attendees will interact with leaders, strategic thinkers and cutting-edge researchers in healthcare management and policy. A concentrated alternating weekend class schedule is designed to offer executives the opportunity to earn a Yale M.B.A. without career disruption.
Renowned faculty from SOM, the School of Medicine and the Department of Epidemiology & Public Health will teach in the program, along with other faculty, visiting scholars and business leaders.
Application deadlines for the August 2005 program are: Oct. 27 of 2004, and Jan. 12 and March 16 of 2005. The Yale M.B.A for Executives application and additional program information is available online at www.mba.yale.edu/MBA-E.
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