MASTER OF BUSINESS ADMINISTRATION
MASTER OF SCIENCE IN BIOMEDICAL SCIENCES
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Need for the Program
Management in the biotechnology industry, especially
in the area of marketing and risk assessment, requires
an understanding of the foundations of biomedical
research. The pharmaceutical industry, for example,
follows a team approach to the investigatory process
of drug discovery, and the need to understand these
principles is becoming increasingly important in
all aspects of management As these organizations
continue to expand and enter new product areas,
managers require new skills to negotiate rapid and
complex changes in financing, marketing and organizational
structure. The need to communicate with both the
scientific and administrative teams is critical
to assess changing and often highly competitive
markets. The combined scientific and business skills
taught in this dual degree program are necessary
for managers to determine the best strategic direction
for a biotechnology/pharmaceutical company or department.
The dual-degree program will allow students to
complete their formal education at a faster pace
while permitting specialization and a definitive
focus on these specific industries. This industry-focused
education would better suit the students' needs
and help them to reach their short and long-term
goals much more efficiently than separate, generalized
degrees ever could. It will therefore better prepare
graduates for the career opportunities that lie
ahead. Immersion in this program will allow students
to form a network of mentors and colleagues within
their industry. In addition, the course work will
incorporate case studies from these industries
to make the classroom learning more relevant.
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