Doctor
of Pharmacy/Masters in Business Adminstration Program
Director: Paul Bush, PharmD, MBA, FASHP
For more information, contact the Director, Dr.
Paul Bush or go to http://www.citadel.edu/badm/
I. Introduction
Joint
PharmD/MBA
programs are currently offered at 16 colleges of pharmacy in the United States
and are under development at many others, helping to meet the need for
pharmacists who understand general business principles as well as
direct
patient care activities. The joint degree is considered highly
desirable
for persons seeking careers in institutional practice settings, the
pharmaceutical industry, pharmacy benefit management organizations, and
academia.
The
joint degree
program between the South Carolina College of Pharmacy – MUSC Campus
and The
Citadel allows students to achieve both degrees in the same four-year
period,
though there is substantial flexibility for students interested in
taking
additional courses. Students will take MBA courses during their
second
and third summers and no more than one MBA course each semester during
their
second and third years. All of The Citadel's courses are offered
in the
evening.
As
constructed, this
joint degree program conveys a significant savings of 26 credit hours
over
those required of students who might pursue both degrees concurrently
outside
of this program.
II. Admission
Requirements and Prerequisites
SCCP
- MUSC Campus students
interested in the joint degree program must formally apply to The
Citadel, and
they will be required to take the GMAT for admission into The Citadel’s
program
before beginning classes there.
Although
the MBA
program has traditionally required a bachelor’s degree, they have
agreed to
accept PharmD students who have completed a total of 124 credit
hours.
Students can apply during the semester they are finishing up their 124
hours.
III. Curriculum
and Course Transfers
The
joint degree
program will neither displace nor rearrange any of the core Pharm.D.
courses.
The College
of Pharmacy has
historically accepted a
wide range of courses outside of the field of pharmacy for elective
credit, and
in this vein we have identified several MBA courses that may be
accepted for
Pharm.D. elective credit hours. They are all three credit hour
courses
and include the following:
- Communications for
Leadership (BADM 713 - required)
- Information Technology
Management (BADM 719 - required)
- Financial Problems (BADM
734 - required)
- Strategic Management
(BADM 737 - required)
- Leadership in
Organizations (BADM 722 - required)
- Global Business Strategy
(BADM 740 - required)
- Consumer Behavior (BADM
788 - elective)
- Human Resource Management
(BADM 768 - elective)
The
following Pharm.D.
core courses will be accepted in place of the relevant MBA courses:
- Pharmacy Law and Ethics -
PHMPR 711/SCCP 885 (in place of BADM 716 Legal and Ethical Environment
for Decision Makers)
- Outcomes Design and
Assessment - SCCP 780 (in place of BADM
710 Quantitative Methods)
- Pharmacy Practice
Management – PHMPR 763 or Health Care Systems and Management – SCCP 850
may be accepted for elective credit
- Grand Rounds - PHMPR
838/839 Grand Rounds or Clinical Seminar/Grand Rounds SCCP 999 may also
be accepted for elective credit
The
following Pharm.D. elective courses may be accepted for elective credit
by the
MBA program, which requires 6 elective hours.
- Pharmacy
Administration clerkship – PHMPR 849
- Outcomes Management
clerkship
- Introduction to Health
Services Research – PHMPR 762
- Health System Pharmacy
Practice: Policy and Practice – PHMPR 763
- Health System Pharmacy
Practice: Systems and Services – PHMPR 764
- Personal Finance – PHMPR
754
IV.
Overview
of The Citadel's MBA Program Requirements
The
Citadel’s MBA
program requires 48 credit hours based on the following
courses.
The asterisk (*) indicates course requirements that may be satisfied by
PharmD
courses, as described in the previous section.
BADM 701 - Foundations of
Accounting - 3 Credit Hours
BADM 704 - Foundations of
Economics - 3 Credit Hours
BADM 707 - Foundations of
Marketing and International
Business - 3 Credit Hours
*BADM 710 - Quantitative
Methods - 3 Credit Hours
BADM 713 - Communication
for Leadership - 3 Credit Hours
*BADM 716 - Legal and
Ethical Environment for Decision
Makers - 3 Credit Hours
BADM 719 - Information
Technology Management - 3 Credit
Hours
BADM 722 -
Leadership in Organizations - 3 Credit Hours
BADM 725 - Foundations of
Finance - 3 Credit Hours
BADM 728 - Accounting for
Executives - 3 Credit Hours
BADM 731 - Foundations
of Management and Operations - 3 Credit Hours
BADM 734 - Financial
Problems - 3 Credit Hours
BADM 737 - Strategic
Marketing - 3 Credit Hours
BADM 740 - Global
Business Strategy - 3 Credit Hours
Electives (6 credit hours)
A
brief description of
each of The Citadel’s required MBA courses follows:
MBA Skills Workshop - 0 Credit Hours
This weekend
matriculation program is required of all
entering MBA students. The objective is to acquaint the student with
graduate
program requirements, computer, library, and other services available
at The
Citadel.
BADM
701 - Foundations of Accounting - 3 Credit Hours
This course is designed
to provide students with knowledge
of the basic tools and concepts used in financial accounting. It
emphasizes identifying and interpreting relevant accounting information
for
decision-making by external users. The focus is on the four
financial
statements: the income statement, the statement of changes in equity,
the
balance sheet, and the statement of cash flows. Prerequisite: None.
BADM 704 - Foundations of Economics
- 3 Credit Hours
This course introduces
students to microeconomics (the study
of individual economic units, including product markets, individual
consumers,
and firms) and macroeconomics (the study of broad economic aggregates
such as
gross domestic product). Prerequisite: None.
BADM
707 - Foundations of Marketing and International
Business - 3 Credit Hours
This course provides an
introduction to the world of
international business including the nature and fundamental concepts of
international business, its environment, opportunities in the global
marketplace as well as theoretical and applied examples. In addition,
the
course illustrates how concepts from international business are
utilized in the
marketing of products and services for the individual firm.
Prerequisite: None.
BADM 710 - Quantitative Methods - 3
Credit Hours
This course is designed
to provide students with knowledge
of analytical tools and concepts used in making optimal decisions in
the
pursuit of organizational goals including cost efficiency, service
delivery,
and profit. Analytical concepts include probability theory, statistics,
regression analysis, forecasting, and utility theory. In addition to
the theory
covered above, the students will also work on projects employing
techniques,
particularly regression and forecasting. Prerequisite: None.
BADM
713 - Communication for Leadership - 3 Credit Hours
This course provides
insight on the role of organizations as
communication systems in which effective writing and speaking are
crucial.
Emphasis is on developing awareness of verbal and written styles,
interpersonal
skills, and creating a repertoire of writing and speaking strategies.
Prerequisites: None.
BADM
716 - Legal and Ethical Environment for Decision Makers
- 3 Credit Hours
This course introduces
the framework of law and ethics
within which businesses operate and provides the student with a broad
understanding of common law (contract, tort, and property) as well as
statutory, administrative, and Constitutional law. Prerequisites: None.
BADM
719 - Information Technology Management - 3 Credit
Hours
This course introduces
the student to the vocabulary of
Management Information Systems (MIS) and explores how organizations are
using
information technology for a competitive advantage and redefining the
way in
which they interact with their stakeholders. Prerequisites: Basic word
processing, spreadsheet, and database skills.
BADM 722
- Leadership in Organizations - 3 Credit Hours
This required, core MBA
course is a seminar that focuses on
the understanding and application of organizational theory and
leadership
principles. In addition, the course will include components on
developing
individual leadership skills and different theories of organizations.
The
applications component of the course will include a variety of
approaches such
as cases, films, guest speakers, individual self-assessment, role play,
team
building exercises, and a leadership portfolio. Prerequisites:
None.
BADM
725 - Foundations of Finance - 3 Credit Hours
This introductory course
in finance provides students with
the financial management tools necessary to analyze complex business
financial
problems, and offer reasoned alternative solutions. The course builds
on
principles presented in basic financial and managerial accounting
courses, and
introduces the student to new financial principles. Prerequisite:
Foundations of Accounting (BADM 701).
BADM 728 - Accounting for Executives
- 3 Credit Hours
This course is designed
to provide students with knowledge
of the basic tools and concepts used in managerial accounting and to
provide an
opportunity for students to employ their knowledge of financial and
managerial
accounting through case studies and projects. It emphasizes
identifying
and interpreting relevant accounting information for decision-making by
internal and external users. The focus is on the use of
accounting
information for decision-making, including behavioral and ethical
aspects. Prerequisite: Foundations of Accounting (BADM 701).
BADM 731 - Foundations of Management and
Operations - 3
Credit Hours
This course introduces
students to the classical management
functions: planning, organizing, leading, and the exercise of control.
It
provides an overview of management theory and practice, with
application to the
role of operations in service and manufacturing organizations. Students
explore
the role of operations in building the competitive strength of the firm
and in
fulfilling the firm's goal of creating value and delivering customer
satisfaction. The course integrates classical and modern management
concepts
with an array of real-world cases, including a survey of the concepts
and
techniques involved in designing and managing operations. Prerequisite:
Quantitative Methods (BADM 710).
BADM
734 - Financial Problems - 3 Credit Hours
This course provides
students with a venue for applying the
concepts and techniques from the Foundations of Finance course to
complex
business problems. The course content will be delivered primarily using
the
case method of analysis. Emphasis will be on teamwork and group
analysis of
directed and non-directed business finance cases. Students will be
responsible
for identifying relevant financial issues, offering alternative
solutions, and
making, justifying and critiquing recommended courses of action. A
portion of
the course will be devoted to analyzing cases with a significant
international
component. The course may also utilize simulation as a part of the
course
content. Prerequisites: Foundations of Accounting (BADM 701);
Quantitative
Methods (BADM 710); Foundations of Finance (BADM 725); and Accounting
for
Executives (BADM 728).
BADM
737 - Strategic Marketing - 3 Credit Hours
This course examines how
organizations gain and maintain a
competitive advantage in a dynamic era. The course emphasizes the
analysis of
marketing decisions involving product, price, promotion, and
distribution
variables. Global opportunities are investigated. Prerequisites:
Foundations of
Accounting (BADM 701); Foundations of Economics (BADM 704); Foundations
of
Marketing and International Business (BADM 707); and Accounting for
Executives
BADM 728).
BADM 740 - Global Business Strategy
- 3 Credit Hours
This comprehensive and
integrative MBA capstone course pulls
together the concepts, tools, and approaches taught in all the required
courses. Through cases which place students in diverse managerial
situations,
the course emphasizes the application, execution, and resolution of
multi-dimensional problems. The course emphasizes the strategic
management of
the business unit and the development of a paradigm for strategic
analysis, as
well as matching internal processes with the implementation of diverse
objectives. The focus is on corporate strategy and the role of
leadership in
improving performance. Prerequisites: BADM 701, BADM 704, BADM 707,
BADM 710,
BADM 725, BADM 728, BADM 731, BADM 734, and BADM 737.
For more information, contact the Director, Dr.
Paul Bush or go to http://www.citadel.edu/badm/
Last updated 12/31/07
Last updated on 06/16/08 by Kathy
Chessman