Biomedicine and Business

Major: Biomedicine and Business
Degree Awarded: Master of Science (MS)
Calendar Type: Semester
Total Credit Hours: 36.0
Classification of Instructional Programs (CIP) code: 52.0201
Standard Occupational Classification (SOC) code: 11-1021; 13-1111; 19-1020; 19-1042; 25-1042

About the Program

Mission Statement

The MS in Biomedicine and Business degree program provides comprehensive training in fundamental aspects of scientific discovery, technology commercialization and business. This degree will enhance the academic credentials of individuals already positioned in biotechnology, biomedical or related industries that are seeking advancement in their careers. It may also serve as an entrée degree for individuals who aspire management and leadership careers within the biotechnology, life sciences and/or biomedical sciences industries.

Graduates of this program will be prepared to continue in more advanced graduate studies in science or business and/or careers in scientifically oriented management jobs in the public or private sector (e.g., biotechnology and pharmaceutical industry, academics, government, non-profit organizations).

Curriculum

This 2-year non-thesis program consists of required and elective courses in science and business (at least 30.0 semester credits) and an experiential learning component (2.0 - 6.0 semester credits). The program's "flex-credit" option allows students to customize their plan of study depending on each individual’s academic and professional aspirations.

"Flex-credit" can be used to select from a list of advanced elective courses. Students will choose electives based on their career interests and the option they choose to fulfill their experiential learning component. There are several ways to customize the experiential learning component (2.0 - 6.0 semester credits) so that it satisfies both the degree requirements and, especially, the student’s own personal situation. The duration of the internship may vary. Shorter rotations may require that the student enroll in elective courses to meet the semester credit requirements for degree. The student must complete a minimum total of 36.0 semester credits to graduate.

Traditional (Face-to-Face), Hybrid and Online Learning Options

Select courses in this program are offered in a traditional (face-to-face), hybrid and/or online formats. This allows students maximum scheduling flexibility that fits with each individual’s schedules and learning styles. Students can also maintain the education continuum by mixing and matching traditional and online courses as best works for each student. The first year courses are foundation courses in science and business.

Interdisciplinary Features

Faculty from Drexel University College of Medicine's Department of Microbiology and Immunology, Institute for Molecular Medicine and Infectious Disease teach the science courses in this program. These courses are taught in semester terms (fall and spring) and are available in a traditional (face-to-face), hybrid, and/or online formats. Some of the traditional courses and hybrid courses are offered in the evenings at either the Center City Campus or the Queen Lane Campus.

Faculty from Drexel University's LeBow College of Business teach the business courses. These courses are taught face-to-face in quarter terms (fall, winter, spring and summer) at the University City Campus (Building No. 61 in the University City Campus map). The University City campus is a 10-minute walk from Center City, the core of Philadelphia's commercial and business district. Shuttle service is available between campuses.

Semesters and quarters at Drexel overlap sufficiently to allow students to meet the degree requirements for this program in 2 years. Three credit (3.0) quarter courses confer the equivalent of 2.0 semester credits. Students must enroll in at least one science course each semester.

Full-time and Part-Time Options

Students may meet the degree requirements in either a full-time (at least 9.0 credits per semester) or part-time basis. At least 4.5 semester credits are required to qualify for financial aid. For information regarding financial aid, please visit Drexel Central

Program Contact Information

For questions about the curriculum and program goals, please contact:

Sandra Urdaneta-Hartmann, MD, PhD, MBA
Program Director
Email: slu22@drexel.edu

For questions about how to apply to the program, please contact:

Stephanie Schleidt
Academic Administrator
Graduate School of Biomedical Sciences and Professional Studies
245 North 15th Street, Mail Stop 344sds
Philadelphia, PA 1910
Email: stephanie.schleidt@drexelmed.edu

Additional information can be found in the College of Medicine's website.

Admission Requirements

For acceptance into the MS in Biomedicine and Business program, post-college applicants must have completed a four-year degree program in business, biology, chemistry-based bachelor’s degree program, or equivalent, with at least a 3.0 GPA.

Applicants must also fulfill the following requirements for consideration as defined by the Program Advisory Committee and the Graduate Program Committee (Curriculum & Evaluation Subcommittee) within the Graduate School of Biomedical Sciences and Professional Studies at the College of Medicine:

  • Official transcripts from all colleges and universities attended;
  • Official test scores from graduate and professional admission exams are highly desirable, such as the Graduate Record Examination (GRE), Graduate Management Admission Test (GMAT), Law School Admission Test (LSAT), or Medical College Admission Test (MCAT); and 
  • References from at least three instructors or professionals.

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. An evaluation by World Education Services (WES) is required for transcripts from institutions outside the United States. 

Online applications are accepted all year round, but all admitted students initiate their studies in the following fall semester. Students are encouraged to apply no later than July 1 for consideration for admission the following fall semester. Students may defer admission by one year.

Program Contact Information

For questions about how to apply to the program, please contact:

Stephanie Schleidt
Academic Administrator
Graduate School of Biomedical Sciences and Professional Studies
245 North 15th Street, Mail Stop 344sds
Philadelphia, PA 1910
Email: stephanie.schleidt@drexelmed.edu

Degree Requirements

Courses with the MIIM or IDPT designation are offered by Drexel University College of Medicine and are taught in semester terms (fall and spring). These courses are available in a traditional (face-to-face), hybrid, and/or online formats. Some of these traditional courses and hybrid courses are offered in the evenings at either the Center City Campus or the Queen Lane Campus.

Courses offered by LeBow College of Business are designated as BUSN. They are taught face-to-face in quarter terms (fall, winter, spring and summer) at the University City Campus (Building No. 61 in the University City Campus map). The University City campus is a 10-minute walk from Center City, the core of Philadelphia's commercial and business district. Shuttle service is available between campuses. 

There are several ways to customize the experiential learning component (2.0 - 6.0 semester credits) so that it satisfies both the degree requirements and, especially, the student’s own personal situation. The duration of the internship may vary. Shorter rotations may require that the student enroll in elective courses to meet the semester credit requirements for degree.

Please note that the credits for the BUSN courses shown below are shown in quarter credits. Three (3.0) credit quarter courses confer the equivalent of 2.0 semester credits. The program required 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. 

Required Courses
Science Requirements
IDPT 500SResponsible Conduct of Research2.0
or MIIM 503S Biomedical Ethics
IDPT 501SBiostatistics I2.0
MIIM 515SConcepts in Biomedicine I3.0
MIIM 516SConcepts in Biomedicine II2.0
MIIM 535SBiomedical Technology Commercialization I1.0
MIIM 536SBiomedical Technology Commercialization II1.0
MIIM 550SBiomedicine Seminar2.0
MIIM 605SExperiential Learning4.0
MIIM 631SBiomedical Innovation Development and Management4.0
MIIM 645SBiomedical Career Explorations1.0
Business Requirements
BUSN 501Measuring and Maximizing Financial Performance *3.0
BUSN 502Essentials of Economics *3.0
MGMT 601Managing the Total Enterprise *3.0
Electives
Select a minimum of 8 credits from the following electives:8.0
Biotechniques I
Fundamentals of Molecular Medicine I
Fundamentals of Molecular Medicine 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
Introduction to Immunology
Microbiology and Immunology Seminar
Emerging Infectious Diseases
Clinical Correlations in Infectious Disease
Leadership and Professional Development *
Leading Effective Organizations *
Total Credits39.0
*

Science courses are offered on a semester basis, and business courses are offered on a quarter basis.  Semesters and quarters overlap sufficiently to allow students to meet the degree requirements in 2 years. The formula to convert quarter credit hours to semester credit hours is: Number of quarter credit hours x 0.6667 = Number of semester credit hours. Therefore a 3.0 quarter credit course will convert to 2.0 semester credits. This program requires a minimum of 36.0 semester credits to meet the degree requirements.

Sample Plan of Study

Below is a sample full-time plan of study that can be completed in two years. Students may also opt to enroll part-time. Part-time students must complete the program within four years. To learn more about part-time options, please contact the Program Director, Sandra Urdaneta-Hartmann, MD, PhD, MBA at slu@drexel.edu for more information.

First Year
FallCredits
MIIM 515SConcepts in Biomedicine I3.0
MIIM 550SBiomedicine Seminar2.0
IDPT 500S
or MIIM 503S
Responsible Conduct of Research
Biomedical Ethics
2.0
BUSN 501*Measuring and Maximizing Financial Performance3.0
 Term Credits10.0
Total Credit: 10.0
*

Business requirements are listed in quarter credits. However, 2.0 semester credits will be awarded for 3.0 quarter credits. Total semester credits for first year, fall semester = 9.0

First Year
SpringCredits
MIIM 516SConcepts in Biomedicine II2.0
MIIM 535SBiomedical Technology Commercialization I1.0
IDPT 501SBiostatistics I2.0
BUSN 502*Essentials of Economics3.0
MGMT 601*Managing the Total Enterprise3.0
 Term Credits11.0
Total Credit: 11.0
*

Business requirements are listed in quarter credits. However, 2.0 semester credits will be awarded for 3.0 quarter credits. Total semester credits for first year, spring semester = 9.0

Second Year
FallCredits
MIIM 536SBiomedical Technology Commercialization II1.0
MIIM 605SExperiential Learning4.0
ORGB 625*Leadership and Professional Development3.0
MIIM 540S**Viruses and Viral Infections (or other elective)2.0
 Term Credits10.0
Total Credit: 10.0
*

Business requirements are listed in quarter credits. However, 2.0 semester credits will be awarded for 3.0 quarter credits. Total semester credits for second year, spring semester = 9.0

**

Other electives are as follows: MIIM 521S, MIIM 530S, MIIM 531S, MIIM 533S, MIIM 534S, MIIM 541S, MIIM 542S, MIIM 543S, MIIM 545S, MIIM 546S, MIIM 606S, MIIM 613S, MIIM 653S, ORGB 625, ORGB 631

Second Year
SpringCredits
MIIM 631SBiomedical Innovation Development and Management4.0
MIIM 645SBiomedical Career Explorations1.0
ORGB 631*Leading Effective Organizations3.0
MIIM 521S**Biotechniques I (or other elective)2.0
 Term Credits10.0
Total Credit: 10.0
*

Business requirements are listed in quarter credits. However, 2.0 semester credits will be awarded for 3.0 quarter credits. Total semester credits for second year, spring semester = 9.0

**

Other electives are as follows: MIIM 530S, MIIM 531S, MIIM 533S, MIIM 534S, MIIM 540S, MIIM 541S, MIIM 542S, MIIM 543S, MIIM 545S, MIIM 546S, MIIM 606S, MIIM 613S, MIIM 653S,ORGB 625, ORGB 631

Program Goals

Upon completion of the degree requirements of this program students would have achieved the following program-level goals:

  1. Develop broad core knowledge in biological sciences, business and biomedical technology development
    • ​Be proficient in fundamental concepts in molecular and cellular biology, and other major areas within the biological sciences
    • Be proficient in fundamental concepts in finance, economics, management and organizational leadership
    • Be proficient in the process of biomedical innovation development and commercialization
  2. Develop analytical and critical thinking skills
    • ​Be able to critically analyze the ideas and concepts related to science and business presented written or orally by others (e.g., textbooks, journals, mass media, peers and subject matter experts)
    • Be able to identify, analyze, and evaluate the need for innovative solutions to problems or challenges in biomedicine and business
    • Be able to identify and analyze scientific and business-related challenges faced in biomedical product development
    • Be able to identify, analyze, and evaluate the need for innovative solutions to problems or challenges in biomedicine and business
    • Be able to draft and analyze strategic and tactical plans to deliver a biomedical product to the market
    • Be able to articulate and defend their analysis 
  3. Develop research skills
    • ​Be proficient at conducting primary research 
    • Be proficient in collecting data from electronic databases, the World Wide Web, the library, and other sources 
    • Be able to interpret data
  4. Develop professional ethics
    • Be able to identify and evaluate professional ethical dilemmas, and discuss appropriate resolutions ​
    • Apply professional ethical standards such as appropriate attribution of ideas, good recordkeeping, and truthful presentation of data/facts and conclusions
    • Be able identify and evaluate the economic and social impact of strategic decisions
  5. Develop communication and leadership skills
    • ​Be proficient at developing oral and/or written comprehensive reports, presenting facts, analysis, and conclusions
    • Be proficient at using appropriate technologies for communication
    • Be able to interact and work effectively with others in work settings involving cultural and demographic diversity
  6. Develop other “work readiness” soft skills (e.g., teamwork, problem-solving, knowledge of career opportunities, networking)
    • ​Be knowledgeable of career opportunities in their desired field
    • Be proficient at presenting a professional profile of oneself
    • Be proficient at time-management
    • Be able to work in teams
    • Begin to develop problem-solving skills for use in the workplace
    • Begin to develop a professional network

Drexel Student Learning Priorities (DSLPs)

In the course of meeting these program-level goals, students would 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
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  • Co-op
  • Academic Advising
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