Pharmacy and Master of Business Administration
Why Choose the Doctor of Pharmacy and MBA?
There has been and will continue to be a significant increase in the opportunity for pharmacists to move into new roles, including management and pharmacoeconomic positions, requiring a significant grounding in business methodology.
A dual PharmD and MBA degree is a logical combination of two Ferris State University degrees that can provide select Pharmacy students with the unique capability of meeting the clinical expectations of the medical community with greatly enhanced business acumen demanded in today's cost conscious health environment.
Since its inception in 1893, the College of Pharmacy has adapted its programming to meet the challenges and complex demands of an ever-changing profession. Current emphasis is on clinical practice and the provision of medication therapy management to ensure that the patient's drug therapy is appropriate, safe, effective for the condition being treated and cost-effective. Graduates of the College will be prepared to deliver care to patients in a wide range of practice settings.
The PharmD/MBA is intended for Pharmacy students interested in corporate management positions within the pharmaceutical industry, health care industry, or corporate pharmacies (chains.)
The Ferris PharmD/MBA is a program option available only to currently enrolled PharmD students who have earned a minimum 3.0 GPA their first year of studies. Only those students who have demonstrated the academic capability and motivation to succeed in this rigorous program option will be considered.
Minimum Requirements for Admission:
- Concurrent enrollment in the Doctor of Pharmacy Program.
- Overall Professional Grade Point Average (GPA) of 3.00 or better
- Good academic standing in the Doctor of Pharmacy program.
To be considered for admission to the joint Pharm.D./MBA, applicants must submit the following documents to the College of Pharmacy Dean's Office:
- Completed application
- Current resume.
- Statement of Purpose, approximately one typed page, explaining your reasons for seeking admission into the joint Pharm.D./MBA program.
- Applicants who have not earned a “C” grade or better in Accounting, Economics, Marketing, and Statistics within the last five years must pass the approved foundational test(s) with a score of 80% or better, or successfully complete the approved foundational course(s) with a test score of 80% or better prior to enrollment in some MBA courses.
The College of Pharmacy at Ferris State University grants the Doctor of Pharmacy degree. Graduation requirements for the Pharm.D. degree include completion of all work outlined in the Pharm.D. curriculum, a cumulative GPA of at least 2.0 and recommendation for the degree by the faculty of the College of Pharmacy based on academic performance and ethical and professional standards.
The College of Business at Ferris State University grants the MBA degree. Graduation requirements for the MBA degree include completion of all work outlined in the MBA curriculum with a cumulative GPA of 3.0 or better. No grade below a C and no more than two C grades will be counted toward the MBA degree. An overall GPA of 3.0 or better must be maintained to avoid dismissal from the MBA program. Degree must be completed within five years from first semester of enrollment. Students must complete an application to graduate before their degree will appear on transcripts and a diploma is issued.
Nine credits are shared between the two degrees including a six (6) credit hour experiential in one of the following options: Corporate Pharmacy, Pharmaceutical Industry, or Health System Pharmacy.
College of Pharmacy
Ferris State University
220 Ferris Drive, PHR 105
Big Rapids, MI 49307-2740
Phone: (231) 591-2304
College of Business Graduate Programs
119 South Street, BUS 212B
Big Rapids, MI 49307-2284
Phone: (231) 591-2168
The College of Pharmacy is recognized by the Michigan Board of Pharmacy and is accredited by the American Council of Pharmaceutical Education, the national accrediting agency for all colleges of pharmacy. Ferris is a member of the American Association of Colleges of Pharmacy.
Students must take an advanced English Composition class in their first year - ENGP 321 or ENGP 421. ENGP 421 must be taken if a student has acquired a Bachelor degree or has already taken ENGL 321 at Ferris State University.
Students must take two clerkship rotation electives in their fourth year.
View Clinical Clerkship Electives in Pharmacy Program Listing.
MMBA 796 - MBA Thesis is 3 Credits