Pharmacy-Business Administration (PharmD/MBA)

Program Availability

Students have the opportunity to obtain a both a Master of Business Administration (MBA) and Doctor of Pharmacy (PharmD) through a joint degree program offered by the Heider College of Business and the School of Pharmacy and Health Professions. This combined degree program pairs a rigorous academic curriculum with practical experience in business and pharmacy and can provide increased career opportunities.

The joint program allows PharmD students to complete an MBA degree during the time it takes to complete the PharmD program without imposing any stringent credit hour burdens on pharmacy students. The program is available to online and campus-based PharmD students.

Curriculum

Pharmacy Curriculum

View the complete Doctor of Pharmacy curriculum.

MBA Core

All MBA students will complete three core courses that address business processes and skills fundamental to Creighton’s Jesuit and values-based mission. Creighton’s MBA program emphasizes how business leaders apply sound and coherent ethical principles to serve its stakeholders and society for the common good. To support this emphasis, all MBA students complete the following courses:

  • MBA 771 Leadership and Organizational Behavior
  • MBA 775 Business Policy and Managerial Action
  • MBA 776 Business, Ethics, and Society

MBA Plan of Study

All MBA students will work with the Graduate Business Programs office to develop a plan of study reflecting the students’ academic and work backgrounds, business competencies, and career goals. Plans of Study will consist of courses from the Functional Core and/or from an extensive list of Concentration courses. The relative emphasis of a student’s Plan of Study in each of these areas will depend on each student’s academic and business background.

Functional Core

Students who are new to the study of business because they hold neither an undergraduate degree in business nor have extensive business work experience may be required to take some or all of the functional core classes. Taking these classes and the core MBA courses will lead to a general competency in most areas of business. Students who hold undergraduate business degrees or have extensive business experience may elect to take one or more of these courses with the approval of the associate dean for graduate business programs’ office or may elect to move directly to concentration courses.

  • MBA 701 Financial Reporting for MBA’s
  • MBA 711 Managerial Finance
  • MBA 741 Economic Analysis for Managers
  • MBA 761 Marketing Management
  • ITM 731 Information Systems Management

Concentration

All MBA students will complete the balance of their 33 hours from concentration courses available in all of the functional areas. These business courses cover advanced topics in all areas of business including accounting, finance, economics, information technology, marketing, and management. To ensure appropriate breadth and depth:

  • Students must take one course in each of three of five functional areas (accounting, finance, economics, information technology, and marketing);
  • Students may take a maximum of three courses beyond MBA 771 in the management/leadership area; and
  • Students may take a maximum of four courses in a given functional area.

Concentration Courses

Concentration courses are advanced courses in each functional area of business. These courses may be taken by students with undergraduate degrees in business or students who have completed the Functional Core courses and would like additional courses in an area. They include, but are not limited to:

  • MBA 702 Advanced Accounting
  • MBA 712 Advanced Managerial Finance
  • MBA 742 Seminar in Applied Managerial Economics
  • MBA 765 Marketing Information for Executives
  • ITM 736 Managing Information Resources
  • ITM 788 Business Information Analysis and Process Design

Depending on the number of credit hours to be completed with concentration courses, students may wish to focus on particular business areas by taking multiple courses in a single area. For example, students who wish to focus on the study of investments may take courses in the Master of Information Management and Financial Analysis.

Pharmacy Courses Counting Toward the MBA

Pharmacy students may transfer in a maximum of six hours of the following PHA courses toward the 33 hours required for the MBA degree, provided a grade of “B” or better is earned in each course.

  • PHA 442 Pharmacy Practice Management (3 credits)
  • PHA 452 Pharmacoeconomics (2 credits)
  • PHA 521 Community Pharmacy Mgmt. Clinical Rotation (5 credits)
  • PHA 533 Pharmacy Org. Mgmt. Clinical Rotation (5 credit)
  • PHA 536 Pharmacoeconomic Clinical Rotation (5 credits)
  • PHA 541 Hospital Pharmacy Mgmt. Clinical Rotation (5 credits)

Admissions Requirements

Students must apply to and be admitted separately by both the Heider College of Business and School of Pharmacy and Health Professions Admissions.

Students entering the MBA program will need to show evidence that they have completed at least one statistics course in their undergraduate degree. PharmD students without a statistics course will need to complete the non-credit statistics tutorial offered for a fee through the Heider College of Business.

For individuals admitted to the School of Pharmacy for the fall 2014 term and after, an applicant’s PCAT score, their admission to the PharmD program and their cumulative PHA GPA, which must at least a 3.3, will be evidence of eligibility for admission to the MBA program, and they will not be required to take the GMAT exam.  

However, PHA students whose cumulative PHA GPA is below a 3.3 will be required to submit an acceptable GMAT score in order to be considered for admission to the MBA program. 

Tuition & Scholarships

Students are responsible for full-time tuition for all semesters in which they are enrolled and completing required didactic or clinical course work, including summers. Tuition for entry-level students is assessed for each semester of required study (including summers) on a flat-rate basis.  No additional tuition beyond the flat tuition rate for the semester will be charged for credit hours taken above those required for the prescribed curriculum, with the exception of 500 or 700-level MBA courses taken during a summer term. If a student is permitted to take fewer than the number of semester credit hours prescribed by the curriculum for a given term, he/she will be required to pay the full semester’s tuition. 

For students who are admitted to the School of Pharmacy effective fall 2014 and after: The Graduate School tuition rates will be assessed for all graduate business courses (online and residential), regardless of the term in which the courses are taken (fall, winter, spring, or summer) and the total number of combined MBA and PHA courses in which the student is enrolled each term.

For details, review the required information for consumers.

 

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