Doctor of Veterinary Medicine/MBA

Doctor of Veterinary Medicine/MBA 2016-12-14T14:53:45+00:00

To better prepare graduating DVM students, the College of Veterinary Medicine and the College of Business at Iowa State University have collaborated to offer the DVM/MBA degree program. Incorporating business skills relevant to today’s veterinarian will equip new graduates with the knowledge and skills to be successful in their careers. The DVM/MBA is a five-year program, resulting in the Doctor of Veterinary Medicine degree and the Master of Business Administration degree.

Rationale for an DVM/MBA Concurrent Degree Program

Many veterinarians today would benefit from the knowledge and skills gained from an MBA program. There are several major trends occurring in the veterinary profession that speak to the need for the veterinarian to have more business education. These trends include:

  • Integration and regionalization of veterinary practices
  • Development of corporate practices (veterinary franchises)
  • Assumption of enterprise management of large scale livestock operations
  • Increased utilization of veterinarians by the pharmaceutical and biologics industry in sales, marketing, management, and leadership roles
  • Recognition by the veterinary industry that veterinary practices must employ fundamental business practices to enhance revenue streams, increase the quality of patient care, and the quality of life for veterinarians

Rationale for an DVM/MBA Concurrent Degree Program

Many veterinarians today would benefit from the knowledge and skills gained from an MBA program. There are several major trends occurring in the veterinary profession that speak to the need for the veterinarian to have more business education. These trends include:

  • Integration and regionalization of veterinary practices
  • Development of corporate practices (veterinary franchises)
  • Assumption of enterprise management of large scale livestock operations
  • Increased utilization of veterinarians by the pharmaceutical and biologics industry in sales, marketing, management, and leadership roles
  • Recognition by the veterinary industry that veterinary practices must employ fundamental business practices to enhance revenue streams, increase the quality of patient care, and the quality of life for veterinarians

Program Requirements

The DVM and MBA degrees require the completion of 48 credits and 158 credits respectively. The concurrent DVM/MBA concurrent degree will permit up to six credits of approved DVM coursework on the MBA program of study.

Students begin the first year of the DVM/MBA concurrent degree program by taking the required MBA core courses. The requirements for the DVM degree will be taken in year two through five of the concurrent program. It is expected that students will complete the remaining requirements for the MBA degree during the first three years of the concurrent program.

Admission Requirements & Procedures

The following application materials are required and will be reviewed separately by the respective admissions committees for the DVM and MBA programs:

  • Veterinary Medical College Application Service (VMCAS) online application form
  • College of Veterinary Medicine online supplemental application
  • Transcripts from all postsecondary institutions attended (bachelor’s degree required)
  • VMCAS letters of recommendation (three)
  • Graduate Record Examination scores
  • Graduate College Application** (send a copy of the electronic application to College of Business Graduate Programs Office)
  • Narrative addressing motivations for participating in the MBA/DVM concurrent program (included on the College of Veterinary Medicine online supplemental application)**
  • Resume** (send directly to the College of Business Graduate Office)
  • An interview

**More Detail Regarding the MBA Application Requirements Beyond DVM Application Requirements

  • Potential MBA students are required to have completed an undergraduate degree.
  • Graduate application: http://www.admissions.iastate.edu/apply
  • One additional essay:  How will the Master of Business Administration from Iowa State University complement your career goals?  How do you see yourself utilizing business skills in the field of veterinary medicine?
  • A resume should be sent to: Graduate Programs Office, College of Business, 1360 Gerdin Business Building, Iowa State University, Ames, IA 50011-1350

Interested candidates should mark the MBA option on the College of Veterinary Medicine online supplemental application and complete the MBA application requirements.

If admitted to the DVM/MBA concurrent degree program, students must complete the Concurrent Enrollment Request Form for Graduate/Veterinary Medicine Degrees.

Students who are admitted into the DVM/MBA current degree and successfully complete the first year of the MBA program (cumulative GPA of 3.0 or better) will be automatically granted a position in the DVM entering class the following year.

Applicants applying to the DVM/MBA concurrent degree program who are denied that opportunity will automatically be considered in the regular DVM admission cycle. Thus, candidates interested in the DVM/MBA will not be at a disadvantage compared to applicants who apply only to the DVM program.

Tuition and Fees

Students will pay graduate tuition for all MBA courses taken in the first year and summer sessions. Students will pay veterinary medicine tuition and laboratory fees for all professional veterinary coursework. Non-resident students will  pay the respective non-resident tuition for MBA and veterinary coursework.

Exceptional DVM/MBA concurrent degree students will be considered for a graduate assistantship during the first year of study in the MBA program.

Contacts & Questions

If you have questions regarding the DVM/MBA concurrent degree program, please contact:

Diana Sloan
Director, Graduate Marketing and Alumni Relations
dsloan@iastate.edu

Dr. Monica Howard
Director of Student Programs
mohoward@iastate.edu