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FCBE Joins Forces With University of Tennessee to Offer New Pharmacy Management MBA Program

For release:  March 8, 2011

The University of Memphis, in collaboration with the University of Tennessee College of Pharmacy, is introducing an Executive MBA Program in Health-System Pharmacy.

The Executive MBA in Health-System Pharmacy is a 17-month program designed to prepare existing pharmacy leaders and managers for executive-level positions in hospitals, managed care organizations, and similar institutions. The program is intended for pharmacists who have completed at least a one-year pharmacy residency program or who have at least three years of health-system pharmacy experience. 

The program consists of 41 semester hours of coursework, most of it offered online; three one-week residential components are required. The online nature of the program will make it possible for pharmacists nationwide to pursue the degree without interrupting their jobs.

The degree is awarded by the University of Memphis and is part of the Fogelman College of Business & Economics Executive MBA Program. Faculty members from the UT College of Pharmacy participate in designing and teaching the curriculum.

"We are really pleased to partner with the University of Tennessee College of Pharmacy on this innovative and exciting new Executive MBA program," said Dr. Rajiv Grover, dean of the Fogelman College, at a lunch launching the new program attended by academic and industry leaders. "Both parties bring complementary knowledge and skills to an untapped market that will value this program significantly. Aspiring leaders in health-system pharmacies nationally will benefit from this program because of the degree of online delivery. With the Innovation Project course, pharmacies and health care facilities will see an immediate return on investment." The program was warmly welcomed by several local members of the industry who commented on the demand for the program and its potential impact on the national health-system pharmacy industry.

Dr. Max Ray, a faculty member at the UT College of Pharmacy and a co-director of the new EMBA program, notes that, "This program is unique - it is the only MBA program in the country focused specifically on leadership and management skills for health-system pharmacists." 

For more information, visit www.memphis.edu/executivembapharmacy or call 678-4866.

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