# Presentation: 025556

## 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
- Business people that need to understand the special management and business needs of the biosciences industry

## Why Mason?

- Reputation
- for serving working professionals
- Global orientation
- Cohorts
- Connectivity
- Curriculum
- Convenience
- locations and times
- Experienced faculty and responsive staff

## 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**

## Why a Business Degree?

**Management Skills and Knowledge**

**Technical Competencies and Analytical Skills**

**Organization Strategy**

**Organization Operations**

**Doing the right thing**

**Doing things right**

**Professional Career**

**Time**

## Which Business Degree?

**Management Skills and Knowledge**

**Technical Competencies and Analytical Skills**

**Doing the right thing**

**Doing things right**

**Professional Career**

**Time**

**Career Transitions**

**MBA**

**MSTM**

**EMBA**

**MSBM**

## 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**

## 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

## 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

## 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)**

## 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**

**Calendar Year**

**Jan**

**May**

**Aug**

**Dec**

**Semester A**

**Semester B**

**Semester C**

## 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**

## 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**

**Jan**

**May**

**Aug**

**Dec**

**Asynchronous**

**Asynchronous**

**Asynchronous**

## 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

## 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

## 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**

## 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

## Application Process

- Application
- Application may be downloaded from (_[www.som.gmu.edu](http://www.som.gmu.edu/bioscience)__[/bioscience](http://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)