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The Master of Science in Bioscience Management

The Master of Science in Bioscience Management Educating The 21 st Century Life Sciences Business Leader Why this degree? Scientists that are ready to make a career change to management

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The Master of Science in Bioscience Management

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  1. The Master of Science in Bioscience Management Educating The 21st Century Life Sciences Business Leader

  2. Why this degree? • Scientists that are ready to make a career change to management • Business people that need to understand the special management and business needs of the biosciences industry

  3. Why Mason? • Reputation • for serving working professionals • Global orientation • Cohorts • Connectivity • Curriculum • Convenience • locations and times • Experienced faculty and responsive staff

  4. School of Management • 3,200 undergraduate students • 400 graduate students in the Fall • Four graduate management programs • MBA, EMBA, MSTM, MSBM • 67 full-time faculty members

  5. Why a Business Degree? Management Skills and Knowledge Organization Strategy Doing the right thing Technical Competencies and Analytical Skills Organization Operations Doing things right Professional Career Time

  6. Which Business Degree? Career Transitions Management Skills and Knowledge EMBA MSBM Doing the right thing MSTM MBA Technical Competencies and Analytical Skills Doing things right Professional Career Time

  7. Program Focus • Leadership focus: managing the bioscience enterprise, the business line or the lab • Strategy perspective: enterprise level • Industry emphasis: the life sciences • Skills development: business and management

  8. Program Overview • MS degree completed within 21 months • Executive part-time format • 36 credit hours • Eight two and four day domestic residencies • Uses ClassroomPlusTM format • Cohort format, teams of four to six participants • Lock-step curriculum • Extensive project work leverages work experience • Ten day international residency

  9. Program Curriculum Academic Year I Orientation Workshops– 2 days (part of first domestic residency) Fall Semester 2003 Domestic Residency 1 (4 days, August) MBA 653 Organizational Behavior MBA 603 Managerial Economics and Decisions of the Firm Domestic Residency 2(2 days, December) Spring Session 2004 – Domestic Residency 3 (2 days, January) MBA 613 Financial Reporting and Decision Making MBA 623 Marketing Management Summer Semester 2004 – Domestic Residency 4 (4 days, May) MBA 643 Managerial Finance MBA 712 Project Management Summer Residency – International Residency (10 days, June) MSBM 750 Global Aspects of Bioscience Management

  10. Program Curriculum Academic Year II Fall Semester 2004 - Domestic Residency 5 (4 days, August) MSBM 735 Bioscience Management Capstone Project - Launch MSBM 745 Life Science Product Development and Risk Management MSBM 703 Best Practices in R&D Management Domestic Residency 6 (2 days, December) Winter Residency – Domestic Residency 7A (2 days, January) MSBM 735 Bioscience Management Capstone Project - Strategy Spring Session 2004 - Domestic Residency 7B (2 days, January) MSBM 720 Analysis of the Bioscience Industries MSBM 650 Legal and Ethical Aspects of Bioscience Management MSBM 735 Bioscience Management Capstone Project – Defense Domestic Residency 8 (4 days, May, includes graduation)

  11. ClassroomPlus • Domestic Residencies • 4 residencies per year, 8 total • One day per class to start the semester, one to end the semester • 8-hour traditional classroom format with all students physically present • Located in Arlington campus, hotel Semester A Semester B Semester C Jan May Aug Dec Calendar Year

  12. ClassroomPlus • Synchronous Sessions • Four 2-hour sessions held every 3-4 weeks conducted via teleconference or NetMeeting (enables video) • Students in classroom and dispersed geographically • Content at faculty discretion • Guest speaker, Case discussion • Group presentations, Lectures Jan May Aug Dec

  13. ClassroomPlus • Asynchronous Contact • 16-18 hours of contact time • Activities may include: • Initiation and review of threaded discussions • Coaching and feedback by professor • Must be proficient to use time effectively Asynchronous Asynchronous Asynchronous Jan May Aug Dec

  14. Educational Technology • The following tools will be used extensively in class: • WebCT • E-mail • NetMeeting • Audio Conferencing • Need to prepare a platform to participate • PC with NetMeeting, browser, decent e-mail capability, phone with speaker or headset capability, internal access to NG network

  15. International Residency • Ten days, first year summer session • Travel outside US -- Europe • Study Global Life Sciences Management to include: • Industry outlook outside US, ethics, government regulations. Global institutions dealing with life sciences • Venues: • Cambridge University Sponsorship • Lille, France – Pasteur Institute and Cambridge University

  16. Program Costs • Costs: $36,000 all inclusive • Includes: • 36 credits of tuition • All books • Costs of residencies, 26 days of hotels and meals, domestic and international • Travel costs of international residency from Washington DC • Domestic residencies in Arlington, VA • $2,500 deposit upon acceptance of admission • Billed on a semester basis per credit hour

  17. Admissions Requirements • Work Experience • 3 years minimum • Preferably in the sciences • 4 year Bachelor’s degree • Preferably in the sciences • GMAT • Waived for certain circumstances

  18. Application Process • Application • Application may be downloaded from (www.som.gmu.edu/bioscience) • Resume • Two essays • Two letters of recommendation • Official transcripts from all higher education institutions attended • TOEFL as needed • GMAT (unless waived)

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