We evaluate the effect of a mini-MBA (master of business administration) course to improve the business acumen of residents.Methods:
A constructed survey and questionnaire were administered to all attendees of the mini-MBA curriculum developed at our institution. The course was developed and taught by a senior faculty member with lengthy business experience who holds a major administrative role within our institution. A pre-test and a post-test, comprised of 10 questions each, were conducted at the time of each lecture. A survey was provided at the end of the 6-session course. Descriptive statistics were used to assess participants' attitudes toward business education.Results:
Average attendance was 14 to 15 people per session. The majority of participants were involved in an academic practice setting (94%). Residents (77%) comprised the majority of the survey respondents, and the specialties represented included urology, pediatrics and obstetrics/gynecology. Only 11% of participants had any significant prior background business knowledge but an overwhelming majority believed that business acumen was important for the graduating physician. In all sessions the post-test results were higher than the pre-test results, with significance seen for the last 2 tests.Conclusions:
The changing dynamics of health care require a balance among clinical care, leadership and business administration. Background business knowledge can accelerate learning for new graduates and address a perceived need seen by physicians at all levels of training.