Understanding of the prestige factor when it comes to MBAs.
Prestige can work against an applicant. I beat out a guy with an IVY league MBA. Later when I asked my boss how that happened. He said, the guy came across like he was better than us and was too intimidating. My reply, "So you think I am not intimidating then? Or, not better than you? he smiled and shook his head and walked off. hehehe
However, an IVY league MBA can also work for you. If you want to work for lets say, Pepsi Bottling Group who is "known" for taking its HR MBA'rs from Cornell University. Then you have a stellar chance, against a schmooo who got his from Portland State...Capice?
As far as helping you or hurting you with the moniker of D.O. MBA, that is on the person. I am a firm believer that if you go for the MBA you can make it as amazing as you want, or as crappy as you want. YOUR goal should be to come out of it understanding fiscal responsibilities, understand how to meet the shareholders and stakeholders wants and desires. How decision making adversely or advantageously affects your business. Understand how to hire the right kind of people and how to train them to complete the billing tasks so that you are maximizing your profits. You also should walk away knowing what if any influences are on your market as a physiciam or specialist. Strategic Implementation and Alignment of your business and catering to stakeholders to maximize the profits of the shareholder (YOU). All of those are just dandy subjects to master but they pale in comparison to understanding the basic foundations of legal, finance and accounting.
There was once an amazing BasketBALL player in the NBA by the name of Kareem Abdul Jabar? He made millions, but because he allowed someone else to take care of and or understand the intricaces of his finances(his accountant). He retired one year to live the life of Riley. Only to find out that his accountant took all of his hard earned money and didnt leave him with enough money to buy toothpaste. MAN, that sucks. He had to come out of retirement just to pay his bills.
Another story came across these boards once about a doctor that was run out of his own business. I have no idea what the ins and outs of that fiasco was, but I suspect had that doc been above par on his finance, accounting and legal foundation. He wouldn't be sitting there without a practice. However, it is very hard to be an expert in Business and Medicine at the same time.
I wrote all that to say this, I DONT CARE WHERE YOU GET AN MBA FROM...JUST STUDY YOU A@@ OFF AND LEARN SOMETHING. ITS YOUR RESPONSIBILITY TO BE THE BEST. If you are really worried about the DO/MBA thing and that it will equal poor quality...I say, GET A FREAKIN LIFE. You make what you want out of life. Life does not make you! Your university doesn't make you a great student, YOU make YOU a great student! The tools are all out there. YOU just need to learn how to use them. DOs are being taught as much if not more than MDs when it comes to treating people. We are becoming physicians and it is our right to choose to become a DO rather than an MD, and it is our duty to be ever vigilant in becoming the best at what we do. Like the saying goes...D.O.s do it better... that goes for every aspect in life.
Give me an AMEN!
🙂
PS the narcotics from my surgery are apparently wearing off. YIPPEE!