PharmD/MBA Dual Career Format at University of Minnesota Twin Cities

Minneapolis, Minnesota, United States

Pursue a 24 Months Masters (PostGraduate) with INR 2,700,000/Year Tuition Fees

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PharmD/MBA Dual Career Format at University of Minnesota Twin Cities

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Overview

The University of Minnesota - Duluth Campus offers a unique program through the Labovitz School of Business and Economics. This program is a 2-year PharmD/MBA Dual Career Format course. The tuition fee for this program is USD 32,040. To gain admission into the PharmD/MBA Dual Career Format, students need to prove their English language skills. The accepted tests for this purpose include IELTS, TOEFL, and PTE.

Program Details Information
Duration 24 Months
Course Level Masters (PostGraduate)
Mode of Course Full Time
Tution And Fees ( For 1 Year) INR 2700000.0
Type of University Public
Official Career service Website https://www.umn.edu

PharmD/MBA Dual Career Format at University of Minnesota Twin Cities

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Key Insights

  • list items This program, created with the School of Pharmacy in Duluth, lets Pharmacy students earn their MBA while completing their PharmD degree.
  • list items Pharmacists who have an MBA can take on management roles in many pharmacy settings or use their business skills in pharmaceutical sales jobs.
  • list items Students will study MBA courses during their second and third years of pharmacy education, allowing them to earn an MBA by the end of their fourth year.
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    PharmD/MBA Dual Career Format at University of Minnesota Twin Cities

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    Rankings

    Ranking Source Ranking
    Graduate Business School US News & World Report, 2024 93

    PharmD/MBA Dual Career Format at University of Minnesota Twin Cities

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    Eligibility Criteria

    12th Grade

    There is no specific cutoff mentioned for 12th grade.

    Graduation

    Applicants must hold a bachelor's degree from a regionally or nationally accredited college or university. The preferred undergraduate GPA for admission to the program is 3.00. Waivers for this requirement are allowed only in special circumstances. Students currently enrolled in the Labovitz School must have a minimum GPA of 3.3 to enter the IUG Option. A basic understanding of business is required to prepare for the MBA program. Students can meet these requirements through foundation courses, previous undergraduate courses, or by proving their skills through exams. This foundation includes knowledge in mathematics, Accounting, Economics, Financial Management, Human Resource Management, Marketing, Operations Management, Organizational Management, and Statistics. College Algebra, Finite Mathematics, and Statistics requirements are waived for PharmD students.

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    GRE

    Marks: No specific cutoff mentioned

    There is no specific cutoff mentioned for GRE.

    TOEFL

    Marks: 79.0

    The required score is 79 out of 120, with section scores of 21 in writing and 19 in reading.

    IELTS

    Marks: 6.5

    The writing subscore is 6.5 and the reading subscore is also 6.5.

    PTE

    Marks: 59.0

    The required score is 59 out of 90, with section scores of 59 for both writing and reading.

    Exams Accepted Qualifying Score
    TOEFL 79.0
    IELTS 6.5
    PTE 59.0

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    PharmD/MBA Dual Career Format at University of Minnesota Twin Cities

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    Application Process

    Step One: Prepare Documents for Application

    • list items Current Resume or Curriculum Vitae (CV)

    Step Two: Additional Documents Required

    • list items Unofficial transcripts from all institutions attended
    • list items English language proficiency scores
    • list items GMAT/GRE score
    • list items Personal Statement and Diversity Statement (Limit to one page) Statement 1: Outline your immediate educational and long-term career goals in your chosen field. Statement 2: Describe the unique qualities, characteristics, and life experiences you will bring to your graduate program and fellow students at the University of Minnesota. Extenuating Circumstances: If your grades or test scores are not strong, explain why (Limit: 1200 characters). Letters of Recommendation may be requested by the program individually.

    Step Three: Start Your Online Application

    Begin your application process through the university's online platform.

    Step Four: Application Fees for This Course

    • list items Application Fee: USD 95 (approximately INR 8,010)
    • list items Payment Methods: Credit card or Debit card
    • list items Payment Plan: Available during fall and spring semesters, with an additional fee of $20 added to the balance each semester. The payment plan includes three equal installments: First Installment: 33% of the total due on the first billing statement. Second Installment: 50% of the total due on the second billing statement. Third Installment: 100% of the total due on the third billing statement.

    Step Five: Application Deadlines

    • list items Fall (August): July 1
    • list items Summer (June): April 1
    • list items Spring (January): November 1

    *The dates listed are tentative and based on previous years. For exact deadline dates, please consult with an expert counselor.

    PharmD/MBA Dual Career Format at University of Minnesota Twin Cities

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    Fees & Other Costs

    Cost Breakdown Amount (For 1 year)
    Tuition & fees INR 27,00,011
    Insurance INR 3,02,529
    Transportation INR 78,708
    Required fees INR 97,079
    Books and Supplies INR 84,270
    Personal and Misc INR 2,09,327
    Total approximate fees INR 7,71,913

    Calculated at the exchange rate of 1 USD = INR 84.27 | Tuition & expenses were last updated in December 2024"