Graduate Programs

Concept – PharmD/MBA

The Pharm.D./MBA double degree is designed to enhance the business skills, knowledge and practical experience of students in the Doctor of Pharmacy (Pharm.D.) program.  The Pharm.D./MBA program is intended for individuals who seek careers that may lead to managerial and executive positions in the pharmaceutical industry and in health care delivery systems that provide pharmacy services to patients.

The Pharm.D./MBA program might be a good fit if you:

• Want to become a manager or executive with a community pharmacy chain
• Want to own your own pharmacy
• Want to become a manager or executive for a health care system
• Want to work for the pharmaceutical industry
• Want to broaden your leadership and business abilities

Pharm.D./MBA Learning Outcomes (beyond the MBA Core Learning Outcomes)

• Understand the concepts, principles and fundamentals of pharmacy operations, finance and personnel management.
• Create a business plan for the purpose of evaluating alternatives to offer pharmaceutical services.
• Describe current health policy and evaluate how it affects current and future business models. 
• Develop an evidence-based process for evaluating drug therapy.
• Explain the application of health technology assessment in the health care system.
• Discuss and apply the legal and ethical aspects of health administration.

Pharm.D./MBA Admission Requirements

• Students must be fully admitted into the Pharm.D. program at OSU and have earned a four-year undergraduate degree with a minimum GPA of 3.0 in the last 90 quarter credits received.
• International students must achieve a minimum score of 575 on the paper based version,  a minimum score of 91 total and sub scores of at least 22 on the internet based version (iBT), or a minimum score of 7 on the IELTS, or a minimum score of 130 on the Duolingo.
• The GMAT/GRE requirement is waived for students admitted to the OSU Pharm.D. degree program 

Admission to the MBA program as part of the Pharm.D./MBA double degree program presumes concurrent enrollment in good standing within both degree programs.  Any student who withdraws from the Pharm.D. program may be required to meet the full admission requirements of the MBA program (that is, completion of GMAT/GRE, submission of letters of reference, etc.) and will need to complete the requirements of an established MBA track (i.e. Business Analytics, Marketing, Org Leadership, etc.).

Current OSU Pharm.D. students interested in the Pharm.D./MBA double degree program should contact the College of Pharmacy advisor via the dual degree interest form.

MBA Core Coursework: (27 credits)

BA 528 Financial and Cost Analysis (3)

BA 540 Corporate Finance (3)

BA 550 Organization Leadership and Management (3)

BA 555 Practical Business Analysis  (3)

MGMT 559 Management Ethics and Corporate Responsibility (3)

BA 561 Supply Chain Management (3)

BA 569 Advanced Strategic Management (3)

BA 572 Advanced Information Systems (3)

BA 590 Marketing Management (3)

Elective (3 credits)

Any Advisor-approved graduate-level business class (3)

Pharm.D. transferable coursework (up to 15 credits)

PHAR 746 – Pharmacy Management (3)
PHAR 773 – Evidence Based Practice II: Biomedical Literature Appraisal (3) 
PHAR 774 – Evidence Based Practice III: Prescription Drug Policy (3)
PHAR 798 – Pharmacy Health Administration (8) 

Note:  PHAR 798 provides the experiential and integrative component for the MBA program through a 6-week clerkship where the student performs management functions within a Pharmacy.

MBA Foundation Knowledge Requirements

Foundation Knowledge coursework includes business fundamentals such as Accounting, Business Law, Finance, Marketing, Basic Statistics, and Operations Management. The foundation knowledge courses may be completed online, completed on-campus as undergraduate coursework, or completed in an intensive series of courses offered in the summer. Students who possess an undergraduate degree or minor in business may have satisfied all of the foundation knowledge requirements – please check with the Graduate Business Program Staff.

MBA Degree Requirements

MBA candidates must complete a capstone project and Pharmacy Coursework

MBA Program (Interest Form) - This form is used to express interest in the Pharm.D./MBA program. An academic advisor will follow up with you after you submit the form.