NEW HERE? LEARN MORE
closeclose
Last visit was: 26 Apr 2024, 22:26 It is currently 26 Apr 2024, 22:26
Decision Tracker
My Rewards
New posts
New comers' posts

Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Go to My Error Log Learn more
Close
Request Expert Reply
Confirm Cancel

Healthcare industry

avatar
jdk61710
Intern
Intern
Joined: 28 Mar 2010
Affiliations: HLS
Posts: 32
Own Kudos [?]: 6 [0]
Given Kudos: 4
Send PM
Healthcare industry [#permalink] New post   02 Aug 2010, 06:13
Hi all,

What are some of the opportunities in the healthcare industry? I realize that i can concentrate on the healthcare industry in IB doing M&A or in consulting with a concentration, but I was wondering if there are other options.

Are there financial jobs in healthcare firms? Do healthcare firms regularly recruit for management positions?

Thanks for the insight
User avatar
B
asimov
VP
VP
Joined: 08 Apr 2009
Posts: 1186
Own Kudos [?]: 765 [0]
Given Kudos: 20
Concentration: General Management, Strategy
Schools: Duke (Fuqua) - Class of 2012
Send PM
Re: Healthcare industry [#permalink] New post   04 Aug 2010, 19:14
What particular sector in healthcare are you interested in? Pharma, medical devices, payers, providers?
Within each there are a variety of roles you can go into. For example, in pharma, you can work in marketing, strategy, finance, etc.

Healthcare firms do regularly recruit for management position. In fact, HCA (one of the largest hospital chains) was on campus at Fuqua recruiting for their leadership development program last week.
avatar
jdk61710
Intern
Intern
Joined: 28 Mar 2010
Affiliations: HLS
Posts: 32
Own Kudos [?]: 6 [0]
Given Kudos: 4
Send PM
Re: Healthcare industry [#permalink] New post   04 Aug 2010, 22:22
No particular interest yet, I was just wondering where an MBA would effectively fit in the healthcare industry

Do you supposed all those will become government jobs after the law changes on american healthcare?
User avatar
B
asimov
VP
VP
Joined: 08 Apr 2009
Posts: 1186
Own Kudos [?]: 765 [0]
Given Kudos: 20
Concentration: General Management, Strategy
Schools: Duke (Fuqua) - Class of 2012
Send PM
Re: Healthcare industry [#permalink] New post   05 Aug 2010, 15:42
MBA fits into the healthcare industry just as it fits into any other industry. There isn't anything that differentiate the healthcare sector from say manufacturing.

The Affordable Care Act, doesn't nationalize all the hospitals, pharma, managed care organizations, contract research organization, etc. There will always be opportunities for an MBA in the healthcare industry.

If you are interested in healthcare, there's two schools that are particularly good at this sector: Duke-Fuqua and UPenn-Wharton.
User avatar
annae
Current Student
Joined: 01 Nov 2009
Posts: 197
Own Kudos [?]: 18 [0]
Given Kudos: 0
Location: Finland
Concentration: International business, pharmaceutical, bio-tech
Schools:Cambridge/Judge '11
Send PM
Re: Healthcare industry [#permalink] New post   06 Aug 2010, 04:39
I'm hopefully going to make the transition from biomedical research to pharma & biotech with the MBA in-between the two careers. Pharma is like any other company, you can choose an area with very little to do with actual life sciences or healthcare, or you can have lots of exposure to science/medicine/patients/doctors/R&D/business development... whatever you choose.

Another option is of course hospital and clinic management, and there are schools offering MBAs with focus on those fields. Or you can go into venture capital and work with health/biotech/medtech start-ups. The sky is the limit.
avatar
jdk61710
Intern
Intern
Joined: 28 Mar 2010
Affiliations: HLS
Posts: 32
Own Kudos [?]: 6 [0]
Given Kudos: 4
Send PM
Re: Healthcare industry [#permalink] New post   08 Aug 2010, 21:31
annae wrote:
hospital and clinic management, and there are schools offering MBAs with focus on those fields. Or you can go into venture capital and work with health/biotech/medtech start-ups. The sky is the limit.


yeah, sky is the limit but i wanna be here on the ground. so let me ask a realistic question:

would the aforementioned opportunities make me wealthy enough to afford organic grocery shopping? there is no doubt why there is such a high correlation between consumption of organic veggies and investment bankers. it is not a coincidence that lloyd does not consume plebian broccoli and has an impeccable forehead (see photographic evidence)
Attachments

File comment: photographic evidence
gs.jpg
gs.jpg [ 8.49 KiB | Viewed 1818 times ]

avatar
jsmith54
Manager
Manager
Joined: 19 Aug 2010
Posts: 61
Own Kudos [?]: 10 [0]
Given Kudos: 0
 Q48  V44
Send PM
Re: Healthcare industry [#permalink] New post   15 Sep 2010, 15:29
Biotech is just one part of the healthcare sector, but it's the only part I know or care about. So, here is the best one page summary I've been able to find describing what you could do at a biotech company. Genentech's rotational programs do a good job of summarizing the broad functions it sees for people with MBAs and/or other relevant qualifications:

https://www.gene.com/gene/careers/univer ... /ordp.html
GMAT Club Bot
gmatclubot
Re: Healthcare industry [#permalink]
15 Sep 2010, 15:29
Moderators:
Bunuel
Math Expert
92948 posts
GMATBusters
GMAT Tutor
1905 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne
Main navigation
GMAT Resources
Partners
MBA Resources
www.gmac.com|www.mba.com | | GMAT Club Rules | Terms and Conditions