Biomedicine and Business
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 non-profit organizations). Students develop broad core knowledge in biological sciences and biomedical technology development and commercialization plus 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: 1-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 Dr. Sujata Bhatia 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 webpage.
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 also fulfill 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 J1 visas for individuals interested in online, hybrid, or part-time programs.
Online applications are accepted all 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 | ||
MIIM 503S | Biomedical Ethics | 2.0 |
or IDPT 500S | Responsible Conduct of Research | |
MIIM 518S | Foundations of Applied Biomedicine * | 3.0 |
MIIM 519S | Commercialization of Biomedical Technology ** | 3.0 |
MIIM 631S | Biomedical Innovation Development and Management | 5.0 |
Business *** | ||
BUSN 501 | Measuring and Maximizing Financial Performance | 3.0 |
BUSN 502 | Essentials of Economics | 3.0 |
Elective Courses | ||
Choose at least 1 program-specific science elective and at least 2 business electives | ||
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 | ||
Managerial Economics | ||
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 |
- *
Substitutions: MIIM 515S AND MIIM 516S OR MIIM 530S OR MIIM 531S
- **
- ***
Science courses are offered on a semester basis; business and entrepreneurship courses are offered on a quarter basis. Semesters and quarters overlap. Credits shown for business and entrepreneurship courses are quarter credits (3 quarter credits = 2 semester credits). This program requires a minimum of 36.0 semester credits to meet the degree requirements. This requirement can be met through a combination of science, business and entrepreneurship courses.
Additional Information
For more information, please email Program Director Dr. Sujata Bhatia at skb322@drexel.edu.
Sample Plans of Study
These are samples of customizable plans of study. Variations may occur depending on course availability and each student's interest.
Full-Time, Fall Start*
First Year | |||||
---|---|---|---|---|---|
Fall | Credits | Spring | Credits | Summer | Credits |
Required Course(s) | Required Course(s) | Elective Course(s) | |||
MIIM 518S | 3.0 | MIIM 503S | 2.0 | MIIM 605S | 6.0 |
BUSN 501 | 3.0 | MIIM 519S | 3.0 | MIIM 645S | 2.0 |
Elective Course(s) | BUSN 502 | 3.0 | Elective Course(s) | ||
CR 525S | 3.0 | Elective Course(s) | MGMT 510 | 3.0 | |
ORGB 625 | 3.0 | ||||
9 | 11 | 11 | |||
Second Year | |||||
Fall | Credits | ||||
Required Course(s) | |||||
MIIM 631S | 5.0 | ||||
Elective Course(s) | |||||
MIIM 550S | 3.0 | ||||
Business Elective | 3.0 | ||||
11 | |||||
Total Credits 42 |
- *
This is a full-time plan with ≥ 9.0 semester credits/semester. Business and entrepreneurship courses are listed in quarter credits, since they are offered in quarter terms (overlap with semester terms). However, 2.0 semester credits will be awarded for 3.0 quarter credits completed.To qualify for financial aid, each semester students must enroll in ≥4.5 credits in science courses offered by the College of Medicine. Students must enroll in at least 1 College of Medicine course in order to enroll in any course offered by another Drexel College or School. Students graduate after 4 terms (1 year), completing 3-4 courses per term, all terms are eligible for financial aid. The first term can be part-time (8 credits) and still meet the 36 semester credit requirement for graduation.
Full-Time, Spring Start**
First Year | |||||
---|---|---|---|---|---|
Spring | Credits | Summer | Credits | ||
Required Course(s) | Required Course(s) | ||||
MIIM 503S | 2.0 | MIIM 518S | 3.0 | ||
MIIM 519S | 3.0 | Elective Course(s) | |||
BUSN 502 | 3.0 | MIIM 645S | 2.0 | ||
Elective Course(s) | CR 515S | 3.0 | |||
ORGB 625 | 3.0 | ECON 601 | 3.0 | ||
11 | 11 | ||||
Second Year | |||||
Fall | Credits | Spring | Credits | ||
Required Course(s) | Required Course(s) | ||||
BUSN 501 | 3.0 | MIIM 631S | 5.0 | ||
Elective Course(s) | Elective Course(s) | ||||
MIIM 550S | 3.0 | MGMT 510 | 3.0 | ||
MIIM 605S | 4.0 | ||||
10 | 8 | ||||
Total Credits 40 |
- **
This is a full-time plan with ≥ 9.0 semester credits/semester. Business and entrepreneurship courses are listed in quarter credits, since they are offered in quarter terms (overlap with semester terms). However, 2.0 semester credits will be awarded for 3.0 quarter credits completed.To qualify for financial aid, each semester students must enroll in ≥4.5 credits in science courses offered by the College of Medicine. Students must enroll in at least 1 College of Medicine course in order to enroll in any course offered by another Drexel College or School. Students graduate after 4 terms (1 year), completing 3-4 courses per term, all terms are eligible for financial aid.
Part-Time, Fall Start***
First Year (Part-Time) | |||||
---|---|---|---|---|---|
Fall | Credits | Spring | Credits | Summer | Credits |
Required Course(s) | Required Course(s) | Elective Courses | |||
MIIM 518S | 3.0 | MIIM 503S | 2.0 | MIIM 605S | 4.0 |
BUSN 501 | 3.0 | MIIM 519S | 3.0 | MGMT 510 | 3.0 |
Elective Course(s) | BUSN 502 | 3.0 | |||
MIIM 550S | 3.0 | ||||
9 | 8 | 7 | |||
Second Year (Part-Time) | |||||
Fall | Credits | Spring | Credits | ||
Elective Course(s) | Required Course(s) | ||||
MIIM 645S | 2.0 | MIIM 631S | 5.0 | ||
CR 515S | 3.0 | Elective Course(s) | |||
ORGB 631 | 3.0 | ORGB 625 | 3.0 | ||
8 | 8 | ||||
Total Credits 40 |
- ***
This is a part-time plan with <9.0 semester credits/semester. Business and entrepreneurship courses are listed in quarter credits, since they are offered in quarter terms (overlap with semester terms). However, 2.0 semester credits will be awarded for 3.0 quarter credits completed.To qualify for financial aid, each semester students must enroll in ≥4.5 credits in science courses offered by the College of Medicine. Students must enroll in at least 1 College of Medicine course in order to enroll in any course offered by another Drexel College or School. Students graduate after 5 terms (1.5 years), completing 3-4 courses per term, all terms are eligible for financial aid.
Part-Time, Spring Start****
First Year (Part-Time) | |||||
---|---|---|---|---|---|
Spring | Credits | Summer | Credits | ||
Required Course(s) | Required Course(s) | ||||
MIIM 503S | 2.0 | MIIM 518S | 3.0 | ||
MIIM 519S | 3.0 | Elective Course(s) | |||
BUSN 502 | 3.0 | MIIM 645S | 2.0 | ||
ECON 601 | 3.0 | ||||
8 | 8 | ||||
Second Year (Part-Time) | |||||
Fall | Credits | Spring | Credits | Summer | Credits |
Required Course(s) | Elective Course(s) | Required Course(s) | |||
BUSN 501 | 3.0 | MIIM 605S | 2.0-6.0 | MIIM 631S | 5.0 |
Elective Course(s) | CR 545S | 3.0 | Elective Course(s) | ||
MIIM 550S | 3.0 | ACCT 601 | 3.0 | ||
CR 525S | 3.0 | ||||
9 | 5-9 | 8 | |||
Total Credits 38-42 |
- ****
This is a part-time plan with <9.0 semester credits/semester.Business and entrepreneurship courses are listed in quarter credits, since they are offered in quarter terms (overlap with semester terms). However, 2.0 semester credits will be awarded for 3.0 quarter credits completed. To qualify for financial aid, each semester students must enroll in ≥4.5 credits in science courses offered by the College of Medicine. Students must enroll in at least 1 College of Medicine course in order to enroll in any course offered by another Drexel College or School. Students graduate after 5 terms (1.5 years), completing 3-4 courses per term, all terms are eligible for financial aid.
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 would 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 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
Additional Information
For questions about the curriculum and program goals, please email Program Director Dr. Sujata Bhatia at skb322@drexel.edu.