MBA for Psychiatry
Started by hopefulscribe2
No. MD is enough schooling. Go online and search for MBA curriculum, and buy the textbooks. Read them. Done.
Executive MBA is a maybe if you work for large companies as a medical director/CMO and they pay you to go to network. For private practice, waste of money and time.
Executive MBA is a maybe if you work for large companies as a medical director/CMO and they pay you to go to network. For private practice, waste of money and time.
Waste of time.
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IMO an MBA serves one (or both) of two functions: building a network of business contacts (in person full time MBA) and/or as a credential verifying you're a "leader" (full time OR executive part time MBA).
Those functions are most applicable if:
You're interested in fast-tracking leadership opportunities in larger healthcare organizations.
You're interested in a career transition into consulting/investing/tech leadership.
You probably don't need it for either of those things. It might grease some wheels since organizations have credential fetishes. If you're smart and business savvy you can self teach anything you'd learn in an MBA program. If you're extraverted and savvy at networking then you can probably accomplish those goals just by grinding linkedin and healthcare business conferences.
An MBA would be overkill for a private practice. Probably worse than overkill since MBA's are really focused on problems faced by larger organizations than a private practice.
Those functions are most applicable if:
You're interested in fast-tracking leadership opportunities in larger healthcare organizations.
You're interested in a career transition into consulting/investing/tech leadership.
You probably don't need it for either of those things. It might grease some wheels since organizations have credential fetishes. If you're smart and business savvy you can self teach anything you'd learn in an MBA program. If you're extraverted and savvy at networking then you can probably accomplish those goals just by grinding linkedin and healthcare business conferences.
An MBA would be overkill for a private practice. Probably worse than overkill since MBA's are really focused on problems faced by larger organizations than a private practice.
I got one before med school…no real benefit unless your goal is to be a hospital exec or maybe a department chair
Ditto
Yes because MBAs outperform the general market long term..wait
The biggest plus if someone wants to use it for PP is just having everything organized and laid out for you if you're completely clueless. However, if you're completely clueless you probably need to just take some basic finance/business courses. I took a (free) semester of MBA courses in med school, were mildly helpful but certainly not worth paying for a full degree imo.
EM folks have a thread going on the new altnerative:
forums.studentdoctor.net
"Health Care Administration, Leadership, and Management (HALM)"
"The American Board of Medical Specialties (ABMS) recently approved subspecialty certification in Health Care Administration, Leadership, and Management (HALM) for all specialties. The American Board of Emergency Medicine (ABEM) will serve as the Administrative board with the American Boards of...
forums.studentdoctor.net
