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Information Session for

PharmD/MBA & Healthcare MBANovember 11, 2014

Presenters:Chris Lozano – Eberhardt Director of Student

RecruitmentVanessa Fillmore – Current MBA Student

Peter Hilsenrath – Joseph M. Long Chair of Healthcare Management

Welcome to the MBA Information Session

What to Expect in an MBA Program PharmD/MBA Program Options MBA Tracks and Elective areas The Changing Environment for

Pharmacists MBA Application and Admission

Criteria Costs and Financial Assistance Questions & Answers

Presenter and Student Introductions

Name

Undergraduate

major/concentration(s)/minor(s)

Reasons for considering an MBA- Career,

Money, Love?

MBA focus area(s) of interest, if known-

Finance, Marketing, Entrepreneurship,

Healthcare, Sport Management

Your comments & questions

Programs How long to finish? FT? What are the Program options for PharmD/MBA?

Application and Admissions Application and Acceptance processes Can we take the GRE instead of GMAT? Do Pacific undergrads have an advantage over non-

Pacific undergrads? How do letters of recommendation effect

acceptance into a program? Do we need to have all of our prerequisite classes

completed before we can apply for the program?

Your comments & questions (cont.) Cost & Financial Assistance

Info. on Assistantships Cost, Financial Aid and Loans What is the total cost of tuition for the accelerated

program? Other Areas

What is expected as a graduate student? Where would the abroad trip be? Are we allowed to

attend as a part-time flex student?

Current Pharmacist salaries by Region

A Changing Environment

“Demand is also increasing in managed care organizations where pharmacists analyze trends and patterns in medication use, and in pharmacoeconomics—the cost and benefit analysis of different drug therapies. New jobs also are being created in disease management—the development of new methods for curing and controlling diseases—and in sales and marketing. Rapid growth is also expected in pharmacy informatics—the use of information technology to improve patient care.” - Occupational Outlook Handbook 2010

Impact of Affordable Care Act Healthcare spending growth will

accelerate for several years

Greatest growth will occur in: Physician Services Pharmacy Services Management Services

Pharmacy Practice In The Future

Constrained reimbursement rates

More competition from increased supply

More concern with efficiency

Greater reliance on technology including IT

Pharmacists in primary care such as MTM & retail clinics

PharmD/MBA Offers Differentiation

Quick fact: Although demand is expected to grow fast (25%+), supply is growing due to more Pharmacy Schools (29%) and therefore more graduates (46% increase from 2004-’11)Signals interest, knowledge and commitment to managementCompensation one year after graduation was found to be 15% higher*Can be completed in one additional yearFinancial assistance often available

For more information on PharmD/MBA schedules:Pacific web page: go.pacific.edu/pharmd-mba

*source: Impact of a Dual PharmD

/MBA Degree on Graduates' Academic Performance, Career Opportunities, and Earning Potential , Elinor Chumney, Kelly Ragucci and Kathy Jones, American Journal of Pharmaceutical Education. April 2008.

Prerequisites

Microeconomics – Econ 53*

Macroeconomics – Econ 55*

Probability and Statistics – Math 37*

Business or General Calculus – Math 45*

Completion of a Bachelor’s Degree (U.S. or equivalent)

Suggested electives (based on space in your schedule)

*AP units or equivalent course are also acceptable

First Term: Applied Business Principles for Pharmacy + Healthcare Elective

Week

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

MODULES - 17 Units Total

MBA

Orientation

Mgmt. Info. SystemsMW 4:00-6:30 pm

Assessment

Testing

MarketingTR 3:30-6:00 pm

Accounting for Managers MW 6:30 – 9:00 pm

FinanceMW 7:00-9:30 pm

Data and DecisionsTR 12:30-3:00 pm

Mgmt. & Org. BehaviorTR 12:30-3:00 pm

Healthcare Elective Times vary, typically late morning

Career Development (Not Required for PharmD/ MBA)T 10:00-11:30 am

Associate Dean’s Seminar T 6:30-8:30 pm

Remaining MBA courses for Pharmacy

Spring Term-MBA

May-Jun Jun-Aug 2nd year Pharm-Fall/ Winter Term

Healthcare Finance/

Insurance

Strategy Implementation

Global Marketing

Global Business Competition

Recommended MBA Internship

Healthcare Area elective*

Entrepreneurial Management

Quality & Productivity

1 or 2 Healthcare Area Electives*

*The 2nd healthcare elective may be taken either semester

Career Management Services for MBAs

MBA Career Development Module

Individual Career Management Planning with

a dedicated career services professional

Required MBA Internship for Accelerated MBA

program

Focus on mastering critical tactical skills

necessary for career success and to manage

your career pathway

International Experience

Each year, the Global Business Competition course travels abroad for a two-week period of intensive instruction and business visits.

2008 - Taiwan and Hong Kong

2009 - Panama and Costa Rica

2010 - London, England

2011 - Istanbul, Turkey

2012 - Shanghai and Beijing

2013 - Shanghai and Hong Kong

2014 - Istanbul & Izmir, Turkey

2015 – Toulouse, France

1997 - Singapore and Malaysia

1998 - Chile

1999 - Spain

2000 - Ireland

2001 - U.K. and France

2002 - Estonia and Finland

2003 to 2005 - E.M. Lyon

2006 & 2007 - Taipei, Taiwan

How to Apply

Online Application available at Eberhardt MBA website beginning October 15, 2014.

Key Application Dates

Fall 2015 Round 1 - January 15 (FT Priority Review)

Round 2 - March 1 (FT MBA – All Programs)

Round 3* - June 1 (FT MBA late submission)

*Round 3 is considered on-time for Alternative PharmD/MBA for currently matriculated Pharmacy students.

APPLICATION ELEMENTS

MBA Application Form, 2 Personal Statements and Resume

Official Transcripts (all Universities attended) Letters of Recommendation (2

recommended) Official GMAT (or GRE) Scores Application Fee - $50 (waived for Pacific

applicants) Interview (by invitation only)

ADMISSIONS CRITERIA

Academic Record (Grade trends,

curriculum)

GMAT (or GRE) Scores

Work/Volunteer experience

Personal Statements

Recommendations

Interviews (if required)

MBA Admissions Formula Score

2014 New FT MBA Student Profile

GPA Average: 3.45 (Range 3.21 - 3.69)

GMAT Average: 648 (Range 570 - 740)

Average Age: 22.7 (Range 21 to 27)

Average Experience: 1.2 years (Range 0 to

7)

International: 17% (Up from 14% in ‘13)

Female: 50% (Down from 52% in ‘13)

16-month Total Program Costs (AY 2014-15)

Tuition- $1,276/unit** $ 63,345.00

Wellness Center Fee (9+) $ 360.00

ASUOP & Activity Fees (9+) $ 420.00

Travel – Global course (est.)* $ 3,000.00

Books & Personal (est.)* $ 7,500.00

TOTAL COSTS $ 74, 625.00

*Costs vary by location and required texts. **PharmD/MBA tuition and fee expenses

are approximately $46,000 for MBA year (37units).

Scholarships and Assistantships – FT Only

Eberhardt Merit Scholarships Joseph Kaeslin Memorial Endowed Scholarship Edward M. Nagel Scholarships Robert and Frances Ferguson MBA Endowed Scholarship Credit Bureau of San Joaquin Endowed Scholarship Marian & George Malloy Endowed MBA Scholarship

PharmD/MBA Merit-Based Scholarship Long Foundation(s) scholarships for PharmD/MBA Students

MBA Merit-Based Graduate Assistantships 1/3 Tuition Assistantship 1/2 Tuition Eberhardt Scholars Assistantship

Time for some Q & A

Why the Eberhardt Graduate Programs in Healthcare ?

One of a only few Healthcare Management Programs (and only PharmD/MBA) in an AACSB accredited school in Northern California

Ranked as #9 Most Diverse Business School by Businessweek

Member of AUPHA- Assoc. of University Programs in Healthcare

Advanced management training with opportunity for individual focus within General Management or Healthcare tracks

International study experience

Dedicated Eberhardt Career Management staff

Small Interactive Classes (Average - about 20)

Dual & Cooperative Programs: JD/MBA, PharmD/MBA & Peace Corps

New Master of Accounting (MAcc) students add new perspectives

For more information

Call: 209.946.2629or

800.952.3179

E-mail: mba@pacific.edu

Web: go.pacific.edu/mba

Office: Weber Hall, Suite 206

START HERE. GO ANYWHERE.

go.pacific.edu/mba

Eberhardt School of Business