Find all School-related info fast with the new School-Specific MBA Forum

It is currently 30 Jul 2014, 01:19

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.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

RN to MBA with health care concentration at top b school!

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Intern
Intern
avatar
Joined: 25 Feb 2010
Posts: 1
Followers: 0

Kudos [?]: 0 [0], given: 0

RN to MBA with health care concentration at top b school! [#permalink] New post 25 Feb 2010, 01:36
Hello,

I am on a unique, nontraditional career path and was wondering if anyone could provide some insight or commentary on my future plans. I have two undergrad degrees, a BA in communications from Fordham U and a BSN from NYU. I am currently in a management position at a world renowned level I large teaching hospital. I am planning to use my clinical and managerial foundation to pursue the business end of the heath care industry. While I am considering the option of high-level hospital management (CNO, COO, CEO), I am much more interested in health care related VC, marketing, consulting, sales and managerial positions in pharma, biotech, managed care, insurance, devices, etc..Does my clinical background and scientific knowledge give me an edge in terms of b-school admissions and long term career options, or rather does it hurt me due to the general public's (and possibly admissions) misconception about the intelligence of those who go in to the nursing profession? Is my managerial experience applicable? In terms of my scientific scope of knowledge, I am particularly well studied in chemistry/physiology/microbiology/recombinant DNA tech. I also bring to the table intimate knowledge of the inner workings of hospital systems and an inside perspective on the dynamics among doctors, nurses, insurance/payors, medical devices, pharma, biotech, legislative matters, regulatory affairs, etc...Oh and I forgot to mention I save lives ;-)

Furthermore, I have several options in terms of a graduate degree and I am trying to choose wisely. I could get a dual degree, such as the one at Penn/Wharton, which is a MSN/MBA, but it is probably geared toward someone who mostly wants to do high-level hospital management, as the MSN is often a requisite for nurses in executive positions. I am apprehensive to do this because I feel as though it may be a watered down, illegitimate MBA. I believe the best route is a straight MBA with a health care concentration, because while I will still be eligible for many hospital executive positions, I will also be competitive in the business realm which is what I am leaning toward. I suppose my underlying question is: what do you think about an RN applying to top biz schools for an MBA? Will I be at an advantage or disadvantage? What are some of the most interesting, progressive and lucrative fields in the health care industry for top biz school grads? Note that I am nicely compensated and do not want to move laterally, but rather vertically. Thank you!

E
VP
VP
User avatar
Joined: 28 Feb 2008
Posts: 1323
Schools: Tuck
Followers: 6

Kudos [?]: 117 [0], given: 6

GMAT Tests User
Re: RN to MBA with health care concentration at top b school! [#permalink] New post 25 Feb 2010, 17:53
ENY wrote:
While I am considering the option of high-level hospital management (CNO, COO, CEO), I am much more interested in health care related VC, marketing, consulting, sales and managerial positions in pharma, biotech, managed care, insurance, devices, etc..Does my clinical background and scientific knowledge give me an edge in terms of b-school admissions and long term career options, or rather does it hurt me due to the general public's (and possibly admissions) misconception about the intelligence of those who go in to the nursing profession?


VC is dam near impossible to get into without either a banking/finance background OR a very long track record related to a specific field (say pharma R&D).

That said your background would be very unique and helpful when it comes to recruiting. As for getting into b-school, the fact it is unique would likely help, but not to a huge degree.

Quote:
Is my managerial experience applicable? In terms of my scientific scope of knowledge, I am particularly well studied in chemistry/physiology/microbiology/recombinant DNA tech. I also bring to the table intimate knowledge of the inner workings of hospital systems and an inside perspective on the dynamics among doctors, nurses, insurance/payors, medical devices, pharma, biotech, legislative matters, regulatory affairs, etc...Oh and I forgot to mention I save lives ;-)


Your management experience and experience on the business side of hospital management would be VERY valuable to future employers.

Quote:
Furthermore, I have several options in terms of a graduate degree and I am trying to choose wisely. I could get a dual degree, such as the one at Penn/Wharton, which is a MSN/MBA, but it is probably geared toward someone who mostly wants to do high-level hospital management, as the MSN is often a requisite for nurses in executive positions. I am apprehensive to do this because I feel as though it may be a watered down, illegitimate MBA. I believe the best route is a straight MBA with a health care concentration, because while I will still be eligible for many hospital executive positions, I will also be competitive in the business realm which is what I am leaning toward. I suppose my underlying question is: what do you think about an RN applying to top biz schools for an MBA? Will I be at an advantage or disadvantage? What are some of the most interesting, progressive and lucrative fields in the health care industry for top biz school grads? Note that I am nicely compensated and do not want to move laterally, but rather vertically. Thank you!

E


RF
_________________

Get the best GMAT Prep Resources with GMAT Club Premium Membership

Director
Director
User avatar
Affiliations: Consortium (CGSM.org), NSHMBA
Joined: 25 Aug 2009
Posts: 937
Location: New Haven
Schools: Yale SOM Class of 2012
WE 1: Investment Banking Summer Associate (Boutique tech M&A)
Followers: 35

Kudos [?]: 213 [0], given: 111

GMAT Tests User Reviews Badge
Re: RN to MBA with health care concentration at top b school! [#permalink] New post 11 Mar 2010, 21:20
i apologize in advance for not remembering the exact details, but a few months ago i went to a networking event at the johnson and johnson headquarters in NJ. one of the speakers was a VP at JnJ, and she spoke about her story. she started out as an RN, and then eventually switched to a sales role in JnJ, and then just basically worked her way both laterally and up. i'm pretty sure she got her MBA at some point, but don't quote me on that.

anyway, point is you can make it work, even if the moves you make aren't always a straight path. i think the fact that you already have management experience is huge. i dont think your background will be particularly helpful or hurtful in your application process... schools typically admit 1/3 business people, 1/3 engineers, and 1/3 other (more or less). as long as your story is coherent - and from your post it sounds like you do have a great story - then i think you could put out a good app

i'm sorry i don't recall the VP's name or email address, but if i can get hold of that i'll send you a PM
_________________

GMAT Debrief

Get the best GMAT Prep Resources with GMAT Club Premium Membership

Re: RN to MBA with health care concentration at top b school!   [#permalink] 11 Mar 2010, 21:20
    Similar topics Author Replies Last post
Similar
Topics:
Difference between MBA Concentrations at top schools fxsunny 1 28 Jan 2012, 18:39
3 MBA Pay: Top B-Schools, Top Dollar Case2010 7 27 May 2010, 13:32
1 MBA Pay: Top B-Schools, Top Dollar pardeepattri 0 25 May 2010, 21:31
Health-Care MBAs see Brighter Future agold 5 03 Dec 2008, 14:20
Health care MBA mkrathi 1 10 Mar 2007, 02:55
Display posts from previous: Sort by

RN to MBA with health care concentration at top b school!

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.