Yale School of Management Announces
New MBA Program for Executives:
Leadership in the Healthcare Sector

New Haven, Conn., August 18, 2004 - The Yale School of Management is launching an MBA for Executives program to begin in August 2005. The innovative new program, the Yale MBA for Executives: Leadership in the Healthcare Sector, combines the resources of one of the country's leading MBA programs augmented with the knowledge, technical, and policy expertise of one of the nation's foremost medical programs, the Yale School of Medicine. Its goal is to provide healthcare executives with the latest management tools and knowledge to enable them to be effective and efficient decision makers and leaders in their own organizations. Education, collaboration, and teamwork will provide participants the background to be part of the next generation of healthcare leaders.

The Yale MBA for Executives will attract professionals in leadership positions from all sectors of the healthcare industry, including pharmaceutical, biotech, managed care, hospitals, healthcare consulting, health insurance, healthcare policy and regulation. High-level executives with relevant experience in the health sector are invited to apply.

During the two-year program, the highly regarded Yale MBA core curriculum constitutes the first year of study. The core provides a thorough grounding in accounting, economics, finance, marketing, operations, organizational behavior, political analysis, applied statistics and strategy. The second year provides an in-depth focus on topics that relate directly to the unique characteristics of the healthcare industry. Throughout, attendees will interact with leaders, strategic thinkers and cutting-edge researchers in healthcare management and policy. A concentrated alternating weekend class schedule offers executives the opportunity to earn a Yale MBA without career disruption.

Dr. Howard P. Forman, Director of the MD/MBA joint degree program between the Yale School of Management and Yale School of Medicine, Stanley J. Garstka, Deputy Dean of the Yale School of Management, and Dick R. Wittink, the George Rogers Clark Professor of Management and Marketing, are the co-directors of the program. Renowned faculty from the Yale School of Management, the Yale School of Medicine, the Yale School of Epidemiology and Public Health, and other faculty, along with visiting scholars and business leaders, will teach in the program.

"The healthcare industry is under mounting pressure to change," said Dr. Forman. "With the ever-increasing cost of healthcare, an intensifying public focus on the quality and value of basic health services, and an underlying desire to meet the needs of all segments of our population, the industry needs highly creative and effective leaders capable of transforming the healthcare delivery system. Through better management, healthcare can be made more efficient, thus providing better care to more people. With Yale's tremendous knowledge base in healthcare management, the Yale MBA for Executives program is well positioned to provide executives with the tools and knowledge to achieve this."

Application deadlines for the August 2005 program are: October 27, 2004, January 12, 2005, and March 16, 2005.

Howard P. Forman MD, MBA, a practicing Diagnostic Radiologist, is Director of the Yale MD/MBA joint degree program and Associate Professor of Diagnostic Radiology and Management.

Stanley J. Garstka, PhD, is Deputy Dean of the Yale School of Management and Professor in the Practice of Management.

Dick R. Wittink, PhD, is the George Rogers Clark Professor of Management and Marketing and a renowned expert in marketing research and healthcare marketing.

For an interview with Professors Forman, Garstka or Wittink, contact Tabitha Wilde, Associate Director of Media Relations, Yale School of Management, 203-432-6010, tabitha.wilde@yale.edu