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RE: Principles for Success... (in reply to rombsix)
quote:
My MBA degree started yesterday.
If you want to understand how the economic machine works (I just watched the first one or two minutes of the video), you may start the Economics degree, not the MBA, which is Business Administration dealing with accounting, human ressource, corporate finance, marketing, supply chain management etc.
RE: Principles for Success... (in reply to rombsix)
quote:
My MBA degree started yesterday
Moving up in the world eh? Is this to transition away from medical, or is it to move up in the hierarchy (or perhaps neither)? Careful though, you're gonna lose your flamenco street cred and become a señorito if you go too high up the ladder. ^^
Plus, if you go too high up everyone's gonna want a piece of your time:
As a medical doctor already, getting an economics degree would not help me because it's not the credentials required to become a CEO, president, medical director, etc. of a healthcare system (which is what I want to try doing). That would be achieved through an MBA. I am going to do my own reading about economics during this degree and also work to learn more about investing/trading, etc.
I'm looking to explore the administrative side of healthcare (insurance, pharmaceutical, leadership, etc.) and learn how to start/run a private practice.
Yeah, I may end up even busier than I most recently was, but I want to at least try it and then I can decide if that's what I want to be doing or not.
I feel like I'm going to start winning big time at the Luciano game
Unless I make so much money that I'll afford to hire a programmer to develop an algorithm that automatically posts all new Luciano videos to the foro immediately upon their release publicly on YouTube.
RE: Principles for Success... (in reply to rombsix)
quote:
As a medical doctor already, getting an economics degree would not help me because it's not the credentials required to become a CEO, president, medical director, etc. of a healthcare system (which is what I want to try doing). That would be achieved through an MBA. I am going to do my own reading about economics during this degree and also work to learn more about investing/trading, etc.
I'm looking to explore the administrative side of healthcare (insurance, pharmaceutical, leadership, etc.) and learn how to start/run a private practice.
Yeah, I may end up even busier than I most recently was, but I want to at least try it and then I can decide if that's what I want to be doing or not.
Your plan looks to be sound. I would suggest enrolling in a credentialed MBA programme and once you have started you cam apply for the roles you have listed. It might be that you will find a job w/o completing the MBA and can go from there. The degree, imo, is mostly for getting an initial foot in the door.
Auda, what do you mean "credentialed" MBA program? Can you give me examples? Of course, I can apply to Harvard LOL but they charge the crap out of you. I'm doing the MBA at a state school locally because they charge a reasonable cost. Also, I want to learn the material through the program, not just "use it" to get into a job. (but maybe that's overly idealistic thinking on my part)
RE: Principles for Success... (in reply to rombsix)
quote:
Unless I make so much money that I'll afford to hire a programmer to develop an algorithm that automatically posts all new Luciano videos to the foro immediately upon their release publicly on YouTube.
I'm starting to suspect there is some skulduggery afoot. Tell me Ramzi, have you ever been to Wuhan? I ask because I remember mentioning that I was about to move to Japan to have direct access to Luciano's videos, a victory that not even a hired programmer could steal from me. And now, oh coincidence!, it just so happens that I can't travel anymore because of a pandemic that started right after I told you about my plans. hmmm... curiouser and curiouser.
Posts: 3497
Joined: Jul. 12 2009
From: Washington, DC
RE: Principles for Success... (in reply to rombsix)
quote:
Auda, what do you mean "credentialed" MBA program? Can you give me examples? Of course, I can apply to Harvard LOL but they charge the crap out of you. I'm doing the MBA at a state school locally because they charge a reasonable cost. Also, I want to learn the material through the program, not just "use it" to get into a job. (but maybe that's overly idealistic thinking on my part)
Ramzi, I think he means that the MBA program itself is accredited by a business school accreditation organization such as the AACSB. Your MBA program should list how it is accredited and by whom. State schools offer just as good an education as the more illustrious schools.
I admire your industry and initiative. Go for it, and best of luck.
Bill
_____________________________
And the end of the fight is a tombstone white, With the name of the late deceased, And the epitaph drear, "A fool lies here, Who tried to hustle the East."
RE: Principles for Success... (in reply to rombsix)
If you are planning on a state school you should be fine. There are dubious programmes that are not government sanctioned. Regardless of your academic desire I would still recommend applying for the positions listed above towards your ultimate goal of starting your own private practice. You might expedite your goal.
RE: Principles for Success... (in reply to BarkellWH)
quote:
Ramzi, I think he means that the MBA program itself is accredited by a business school accreditation organization such as the AACSB.
"... Master of Business Administration (M.B.A.) in Jones College of Business at Middle Tennessee State University (MTSU) are accredited by the Association to Advance Collegiate Schools of Business (AACSB International)."
Thanks Bill and Auda!
Jason, I know man - but I'm still not too bad. My Lebanese colleague at Vanderbilt (a psychiatrist-in-training) has: MD, PhD, MBA, and MS.
I would suggest enrolling in a credentialed MBA programme and once you have started you cam apply for the roles you have listed. It might be that you will find a job w/o completing the MBA and can go from there. The degree, imo, is mostly for getting an initial foot in the door.
Damn... you're very astute. I just got a Chief Medical Officer job offer today. It's only been seven days into the MBA now. I'm going to explore this...
RE: Principles for Success... (in reply to chester)
quote:
I'm no doctor (in fact I've been banned from all the hospitals around me) but the word you want is "prescient".
I purposefully did not use that concept / word because we know that people cannot truly predict the future, so I decided to say "astute" because I basically meant that Auda is very wise / smart / likely experienced in this domain to have known that things tend to happen this way in scenarios such as mine, which perhaps is why he said what he said.
Now the more interesting topic is why you were banned.
RE: Principles for Success... (in reply to rombsix)
Astute is when someone picks up on something you didn't tell them. Like saying you're going back to school because you realized you can't actually stand the patients.
Prescient is warning you before you became a doctor.
RE: Principles for Success... (in reply to rombsix)
My great grandfather was a doctor. He was in the Spanish American war and sustained a stomach injury. He became a life long morphine addict who lived into his 60’s - good thing he became a doctor because he could get his own morphine. He practiced medicine in Beaumont California near Dan Bernardino. He treated poor and rich alike, taking crates of vegetables or frier chicken from those who couldn’t pay in money currency.
You just have to figure out the modern corollary to practicing medicine and taking a chicken for payment from the less fortunate and it plucking the rich. And stay off the junk.
RE: Principles for Success... (in reply to estebanana)
quote:
You just have to figure out the modern corollary to practicing medicine and taking a chicken for payment from the less fortunate and it plucking the rich. And stay off the junk.
I agree with you, man. The USA is just getting out of control when it comes to the price-gouging that happens in healthcare and the ever-growing wealth gap. I'm starting to feel less and less optimistic about how things may be able to get fixed here, but I'm hoping the MBA will arm me with more knowledge and the position in which I may be able to have a greater impact.
Posts: 3487
Joined: Jan. 20 2004
From: Austin, Texas USA
RE: Principles for Success... (in reply to rombsix)
Ramzi-
My brother experienced some public exposure in his position as Head of the Flight Medicine Branch of NASA throughout the Apollo moon landing program. He left NASA after the last moon flight, and volunteered for a year at a hospital in Gaza, along with his wife, a nurse practitioner.
Upon his return to the USA he acted upon his long-term dissatisfaction with the practice of medicine in this country. He lobbied for the legislation enabling Health Maintenance Organizations in Texas. He hoped that the HMOs' potential financial interest in preventive medicine would incentivize its practice.
He was on the board of directors of two of the first HMOs, in Texas and elsewhere, for a few years. He quit in disgust when, as he said to me, it became clear that decisions were being made by accountants, not physicians.
The economic forces at work in the medical system of the USA have proven insurmountable to reform so far. The Affordable Care Act slightly reined in the insurance industry, but it remains a dominant force in the "wait until it breaks, then patch it up" mode of medicine in the USA.