Biomedicine and Business MS
Major: Biomedicine and Business
Degree Awarded: Master of Science (MS)
Calendar Type: Semester
Minimum Required Credits: 36.0
Classification of Instructional Programs (CIP) code: 26.9999
Standard Occupational Classification (SOC) code: 11-1021
About the Program
Mission Statement
The online MS in Biomedicine and Business degree program provides comprehensive training in fundamental aspects of scientific discovery, technology commercialization and business. The program prepares graduates for management positions in scientifically oriented organizations in the public or private sector (e.g., biotechnology and pharmaceutical industry, academics, government and nonprofit organizations). Students develop broad core knowledge in biological sciences, biomedical technology development and commercialization, finance, economics and organizational leadership.
Curriculum
This is an interdisciplinary program offered by the College of Medicine. The science courses are taught by faculty from Drexel University College of Medicine. Faculty from Drexel University's LeBow College of Business teach the business courses.
- Non-thesis program (36.0 semester credits are needed to graduate)
- Required and elective courses in each discipline
- Flexible internship elective (experiential learning)
- Customizable plan of study
Format
- Online (select courses in both disciplines are offered face to face on campus)
- New students admitted each fall and spring semesters
- Classes taught throughout the year (fall, spring and summer)
- Accelerated: one-year MS (full-time) or 1.5 years (part-time)
Full-Time and Part-Time Options
Students may meet the degree requirements on either a full-time (at least 9.0 credits per semester) or part-time basis. Full-time students generally complete the program in one year. Part-time students must complete the program within four years. Students must enroll in at least 4.5 semester credits of College of Medicine courses to qualify for financial aid. For information regarding financial aid, please visit Drexel Central.
Additional Information
For questions about the curriculum and program goals, please email Program Director Sujata Bhatia, MD, PhD, at skb322@drexel.edu.
For questions about how to apply to the program, please contact an enrollment counselor at duonline@drexel.edu or visit the Drexel University Online MS in Biomedicine and Business web page.
For information regarding financial aid, please visit Drexel Central.
Admission Requirements
New students are admitted every fall and spring semester.
Post-college applicants must have completed a four-year degree program. An undergraduate degree in science is preferred but not required. A minimum cumulative grade point average (GPA) of 3.0 is strongly preferred.
Applicants must provide the following requirements for consideration:
- Official transcripts from all colleges and universities attended
- Essay/personal statement
- Resume
- References from at least three instructors or professionals
Official test scores from graduate and professional admission exams, such as the Graduate Record Examination (GRE), Graduate Management Admission Test (GMAT), Law School Admission Test (LSAT) or Medical College Admission Test (MCAT), are optional but highly desirable.
Three letters of recommendation are required. If you received your degree within the last five years, it is strongly recommended that at least one letter of recommendation be provided by someone familiar with your academic qualifications and potential (e.g., your undergraduate advisor, a course instructor or your research mentor). If you are requesting a letter from someone at your place of employment, the recommendation should be provided by a supervisor (or another more senior manager) with direct knowledge of your work and should address your scientific aptitude as well as your work ethic.
International applicants (non-United States citizens) must meet the same requirements for admission as students from the United States. Applicants whose native language is not English must demonstrate the ability to speak, write, and understand the English language by submitting an acceptable score on the Test of English as a Foreign Language (TOEFL). IELTS scores may be submitted in lieu of TOEFL scores.
- TOEFL score needs to be at least 90 with at least a 27 in both the reading and writing sections
- IELTS score needs to be above 7
An evaluation by World Education Services (WES) is required for transcripts from institutions outside the United States.
Certain visa types do not permit individuals to enroll in online or hybrid programs. Foreign applicants should check with their visa sponsors for eligibility. Drexel University cannot sponsor F-1 or J-1 visas for individuals interested in online, hybrid or part-time programs.
Online applications are accepted year-round for consideration for either fall or spring admission. Students may defer admission by one year. All admission decisions are made at the College of Medicine.
Additional Information
For more information, please email Program Director Dr. Sujata Bhatia at skb322@drexel.edu.
Degree Requirements
Science courses are offered by Drexel University College of Medicine and are taught in semester terms (fall, spring and summer). Business courses are offered by LeBow College of Business and are taught face to face in quarter terms (fall and winter quarters only).
Three (3.0) credit quarter courses confer the equivalent of 2.0 semester credits. The program requires the completion of 36.0 semester credits for graduation. Semesters and quarters overlap sufficiently to allow full-time students to meet the degree requirements for this program in two years.
There are several ways to customize the internship or experiential learning component (2.0-6.0 semester credits) so that it satisfies both the degree requirements and, especially, the student’s own personal needs and career aspirations. The duration of the internship may vary. Shorter rotations may require that the student enrolls in elective courses to meet the semester credit requirements for the degree.
Required Courses | ||
Science Requirements (Semester credits) | 13.0 | |
Biomedical Ethics | ||
or IDPT 500S | Responsible Conduct of Research | |
Foundations of Applied Biomedicine * | ||
Commercialization of Biomedical Technology ** | ||
Biomedical Innovation Development and Management | ||
Business (Credits shown have been converted to semester and courses will be listed on the transcript as RCIP versions) *** | 4.0 | |
Measuring and Maximizing Financial Performance | ||
Managerial Economics | ||
Elective Courses - Can be mix of Quarter and Semester courses, but credits shown are semester | 19.0 | |
Students must complete at least one Program-Specific Science elective and at least two business electives, as well as additional electives. The overall number of electives depends on other courses selected. | ||
Science, Program-Specific (Choose at least 1, but more than 1 is recommended) | ||
Applied Statistics for Biomedical Sciences | ||
or IDPT 501S | Biostatistics I | |
Biomedicine Seminar | ||
Experiential Learning | ||
Biomedical Career Explorations | ||
Special Topics in Microbiology & Immunology | ||
Science, Clinical Research | ||
Emerging Trends in Medical Device Regulation | ||
The History of Misconduct in Biomedical Research | ||
Business Processes and Contemporary Concerns in Pharmaceutical R & D | ||
World Wide Regulatory Submissions | ||
Intro to Clinical Trials | ||
Scientific Writing and Medical Literature | ||
Current Federal Regulatory Issues in Biomedical Research | ||
Pharmaceutical Law | ||
Compliance & Monitoring Issues | ||
Designing the Clinical Trial | ||
Science, Basic Science & Research | ||
Biotechniques I: Molecular and Genomic Methods | ||
Biotechniques II: Immunological Methods | ||
Immunology, Immunopathology and Infectious Diseases | ||
Fundamentals of Molecular Medicine I | ||
or MIIM 515S | Concepts in Biomedicine I | |
Fundamentals of Molecular Medicine II | ||
or MIIM 516S | Concepts in Biomedicine II | |
Molecular Medicine Journal Club II | ||
Molecular Medicine Journal Club I | ||
Viruses and Viral Infections | ||
Bacteria and Bacterial Infections | ||
Mycology and Fungal Infections | ||
Parasitology and Parasitic Diseases | ||
Introduction to Infectious Diseases | ||
Microbiology and Immunology Seminar | ||
Emerging Infectious Diseases | ||
Clinical Correlations in Infectious Disease | ||
Business (Choose at least 2, but more are recommended) *** | ||
Managerial Accounting | ||
Legal Issues in New Ventures | ||
Special Topics in BUSN | ||
Business & Economic Strategy: Game Theory & Applications | ||
Corporate Financial Management | ||
International Business Management | ||
Database Analysis and Design for Business | ||
Business Problem Solving | ||
Managing the Total Enterprise | ||
New Venture Planning | ||
Business Consulting | ||
Marketing Strategy & Planning | ||
New Product Planning, Strategy, and Development | ||
Corporate Brand & Reputation Management | ||
Leading in Dynamic Environments: A Personal, Relational, and Strategic Approach | ||
Leadership and Professional Development | ||
Negotiations for Leaders | ||
Operations Management | ||
Business Statistics | ||
Datamining for Managers | ||
Entrepreneurship *** | ||
Pitch It! | ||
Social and Sustainable Innovation | ||
Learning from Failure | ||
Innovation & Ideation | ||
Innovation in Established Companies | ||
Life After Launch | ||
The Startup Way: How to Drive Innovation in Entrepreneurial Companies | ||
Total Credits | 36.0 |
- *
Substitutions: MIIM 515S AND MIIM 516S OR MIIM 530S OR MIIM 531S
- **
- ***
Credits shown for Drexel University College of Medicine courses are semester credits. Credits shown for the LeBow School of Business and Close School of Entrepreneurship have been to converted to semester credits (3.0 quarter credits = 2.0 semester credits). Fall quarter courses may be taken in the Fall semester, and Winter quarter courses may be taken in the Spring semester, as semesters and quarters overlap. This program requires a minimum of 36.0 semester credits to meet the degree requirements. If a minor is added to the curriculum, the required number of credits to complete the program is 42.0 semester credits.
To qualify for financial aid, each semester students must enroll in ≥4.5 semester credits per term.
Quarter courses will be listed on the transcript as RCIP versions.
Additional Information
For more information, please email Program Director Dr. Sujata Bhatia at skb322@drexel.edu.
Sample Plans of Study
Credits shown for Drexel University College of Medicine courses are semester credits. Credits shown for the LeBow School of Business and Close School of Entrepreneurship have been converted to semester credits (3.0 quarter credits = 2.0 semester credits). Fall quarter courses may be taken in the Fall semester, and Winter quarter courses may be taken in the Spring semester, as semesters and quarters overlap. This program requires a minimum of 36.0 semester credits to meet the degree requirements. If a minor is added to the curriculum, the required number of credits to complete the program is 42.0 semester credits.
To qualify for financial aid, each semester students must enroll in ≥4.5 semester credits per term.
Full-Time, Fall Start
First Year | |||||
---|---|---|---|---|---|
Fall | Credits | Spring | Credits | Summer | Credits |
MIIM 518S (Semester Course) | 3.0 | MIIM 503S (Semester Course) | 2.0 | Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 9.0 |
BUSN 501 (Quarter Course; Credits shown have been converted to semester.)* | 2.0 | MIIM 519S (Semester Course) | 3.0 | ||
Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 3.0 | BUSN 502 (Quarter Course; Credits shown have been converted to semester.)* | 2.0 | ||
Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 3.0 | ||||
8 | 10 | 9 | |||
Second Year | |||||
Fall | Credits | ||||
MIIM 631S (Semester Course) | 5.0 | ||||
Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 4.0 | ||||
9 | |||||
Total Credits 36 |
- *
Quarter courses will be listed on the transcript as RCIP versions.
Full-Time, Spring Start
To qualify for financial aid, each semester students must enroll in ≥4.5 semester credits per term.
First Year | |||||
---|---|---|---|---|---|
Summer | Credits | ||||
MIIM 518S (Semester Course) | 3.0 | ||||
Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 6.0 | ||||
9 | |||||
Second Year | |||||
Fall | Credits | Spring | Credits | Summer | Credits |
BUSN 501 (Quarter Course; Credits shown have been converted to semester.)* | 2.0 | BUSN 502 (Quarter Course; Credits shown have been converted to semester.)* | 2.0 | MIIM 631S (Semester Course) | 5.0 |
Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 6.0 | MIIM 519S (Semester Course) | 3.0 | Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 4.0 |
MIIM 503S (Semester Course) | 2.0 | ||||
Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 3.0 | ||||
8 | 10 | 9 | |||
Total Credits 36 |
- *
Quarter courses will be listed on the transcript as RCIP versions.
Part-Time, Fall Start
To qualify for financial aid, each semester students must enroll in ≥4.5 semester credits per term.
First Year (Part-Time) | |||||
---|---|---|---|---|---|
Spring | Credits | Summer | Credits | ||
MIIM 503S (Semester Course) | 2.0 | Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 7.0 | ||
MIIM 519S (Semester Course) | 3.0 | ||||
BUSN 502 (Quarter Course; Credits shown have been converted to semester.)* | 2.0 | ||||
7 | 7 | ||||
Second Year (Part-Time) | |||||
Fall | Credits | Spring | Credits | Summer | Credits |
BUSN 501 (Quarter Course; Credits shown have been converted to semester.)* | 2.0 | Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 6.0 | MIIM 631S (Semester Course) | 5.0 |
MIIM 518S (Semester Course) | 3.0 | Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 3.0 | ||
Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 3.0 | ||||
8 | 6 | 8 | |||
Total Credits 36 |
- *
Quarter courses will be listed on the transcript as RCIP versions.
Part-Time, Summer Start
To qualify for financial aid, each semester students must enroll in ≥4.5 semester credits per term.
First Year (Part-Time) | |||||
---|---|---|---|---|---|
Summer | Credits | ||||
Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 7.0 | ||||
7 | |||||
Second Year (Part-Time) | |||||
Fall | Credits | Spring | Credits | Summer | Credits |
BUSN 501 (Quarter Course; Credits shown have been converted to semester.)* | 2.0 | MIIM 503S (Semester Course) | 2.0 | Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 6.0 |
MIIM 518S (Semester Course) | 3.0 | MIIM 519S (Semester Course) | 3.0 | ||
Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 3.0 | BUSN 502 (Quarter Course; Credits shown have been converted to semester.)* | 2.0 | ||
8 | 7 | 6 | |||
Third Year (Part-Time) | |||||
Fall | Credits | ||||
MIIM 631S (Semester Course) | 5.0 | ||||
Electives - Can be mix of Quarter and Semester courses, but credits are shown as semester* | 3.0 | ||||
8 | |||||
Total Credits 36 |
Additional Information
To learn more about part-time options, please contact Program Director Dr. Sujata Bhatia at skb322@drexel.edu.
Program Goals
Upon completion of the degree requirements of this program, students will have achieved the following program-level goals:
- Develop core knowledge in biological sciences, technology development and commercialization
- Gain understanding of finance, economics, management and organization leadership
- Apply business expertise to evaluate the process of delivering biomedical products to market
- Develop skills to identify and evaluate professional ethical dilemmas and appropriate solutions
- Strengthen communication, leadership and soft skills (e.g., teamwork, problem-solving, knowledge of career opportunities and networking)
Drexel Student Learning Priorities (DSLPs)
In the course of meeting these program-level goals, students will have also made progress in all of Drexel’s Student Learning Priorities (DSLPs) to help them build their future:
Core Intellectual and Practical Skills:
- Communication
- Creative and critical thinking
- Ethical reasoning
- Information literacy
- Self-directed learning
Experiential and Applied Learning:
- Global competence
- Leadership
- Professional practice
- Research, scholarship, and creative expression
- Responsible citizenship
Additional Information
For questions about the curriculum and program goals, please email Program Director Dr. Sujata Bhatia at skb322@drexel.edu.
Program Level Outcomes
Upon completion of the program, graduates will be prepared to:
- Apply foundation knowledge of basic science, preclinical and clinical research to evaluate the scientific merit of existing and emerging biomedical technologies.
- Analyze and solve complex business problems associated with biomedical product development and commercialization in both new and established firms.
- Evaluate a firm’s strategic position in the context of its internal and external environment, and recommend a strategic approach to biomedical technology commercialization.
- Identify and evaluate professional ethical dilemmas and discuss appropriate resolutions.
- Develop and deliver — using appropriate technologies — oral and/or written comprehensive reports, presenting facts, analysis and conclusions.
- Systematically evaluate career opportunities and present a professional profile of oneself within the industry.