MBA/MS in Biomedical Sciences
The University of Chicago’s joint degree program in biomedical sciences and business is an opportunity for students seeking to combine business expertise with foundational knowledge in biomedicine. Students gain a strong understanding of the scientific substrate on which healthcare businesses are built to become leaders and innovators in the healthcare industry.
The joint MBA/MS Biomedical Sciences program enables students to pursue both a master in biomedical sciences (BMS) from UChicago and a master of business administration from Chicago Booth.
The curriculum pairs leadership and management knowledge with the research, applied, and clinical knowledge needed to transform healthcare. Graduates will be equipped to enter fields such as biotechnology, policy, government, and pharmaceuticals.
Program Structure
In order to earn a dual MBA and biomedical sciences degree, students complete 14-Booth only courses (+LEAD) and six MS-only courses over the course of two years.
Tuition
Tuition for Full-Time MBA students pursuing the Joint MBA/MS Biomedical Sciences Program will be assessed through Chicago Booth at a flat rate for six quarters of enrollment. Pricing will differ from Booth's standard Full-Time MBA Program and final tuition amounts are made available in the spring. If a student takes more than 2200 units, they will be assessed per course for any additional units.
Booth Courses
This course is required of all Full-Time students and is completed during the Autumn Quarter of their first year of residency in the program. The course is designed to enhance students’ self-awareness and interpersonal effectiveness by providing them with an opportunity to benchmark themselves with respect to critical aspects of leadership—working in teams, influencing others, conflict management, interpersonal communication, presentation skills, etc. The course also helps students create a personalized plan to guide their continued development at Booth and beyond.
Basic Courses: Financial Accounting
Advanced Alternatives: Accounting & Financial Analysis 1, Accounting & Financial Analysis II, Financial Statement Analysis
Basic Courses: Microeconomics, Advanced Microeconomic Analysis, Accelerated Microeconomics
Advanced Alternatives: Topics in Microeconomics Theory
Basic Courses: Business Statistics, Applied Regression Analysis
Advanced Alternatives: Analysis of Financial Time Series; Financial Econometrics; Statistical Insight into Marketing, Consulting, and Entrepreneurship; Data Mining; or any PhD-level statistics
700 (of 800) Functions, Leadership & Management, and Business Environment
400 Electives. Explore exciting MBA courses that apply business frameworks to the healthcare industry.
BMS Courses
500 units of BMS core coursework: Foundations in Biomedical Sciences I, II, and III, Bioethics, and Health systems.
100 units from the student’s chosen concentration.
Students can choose from one of four concentrations: Science Communication, Biomedical Data Science, Health Systems Science, and Biomedical Innovation. Each concentration is 300 units, and students can complete their concentration using one BMS course and two Booth courses depending on the concentration.
If a concentration cannot be completed with two Booth courses, students will select BMS courses, which will raise the number of courses required to complete the joint degree by one or two.
Admissions Process
Applicants interested in the MBA/MS Biomedical Sciences Program should apply through our centralized, joint-application process. Applicants must apply using the Chicago Booth Full-Time MBA application in either Round Two or Round Three and should select the MBA/MS as their program of interest. Admissions decisions for each department are made independently and candidates can indicate in the application if they would like to be considered for Chicago Booth and/or the MS Biomedical Sciences independently if they are not admitted to the joint program.
As part of the online application, candidates will be required to submit a GMAT or GRE score for the joint program. International applicants may be required to submit proof of English language proficiency by submitting a TOEFL iBT or IELTS test score. The minimum TOEFL iBT score required for admission is 104; the minimum IELTS score required is 7. Proof of English proficiency may be waived under certain criteria noted by UChicago GRAD Admissions.
Eligibility Requirements: Students admitted to Booth’s Full-Time MBA Program who wish to do the joint degree with BMS must be admitted to and begin both programs in the same academic year. Students who have already started their MS or MBA are not eligible for the joint degree.
Begin Your MBA/MS Biomedical Sciences Journey
The first step in joining our MBA/MS in Biomedical Sciences program is to apply for admission.