How to get a job in the healthcare industry

Discover how to get a job in the healthcare industry and watch Tom and Miro learn the difference between 'pharmaceuticals' and 'biotech'. HBS second year Jonathan Sheffi schools us in the art of using cold email to get a job in the healthcare industry. Also, Tuck centralizes recycling.

(1) Headlines: MBA’s, it’s a sad day today. Business schools are cutting back. The recession finally hits home.

Just listen to the extreme measures that we are going to:
(1) Tuck centralized recycling,
(2) HBS isn’t running the A/C at night!

That’s rich person cutting back. Here’s a real cutback:
Ohio canceled their full time MBA Program.

What? What?! oh god, oh god. This is the beginning of the end. The room is spining. I knew it, i knew it. The mayan calendar was right! This is the beginning of the end. Someone get me a scotch. [breathe into bag]

Whoa! What Ohio said, is tht they can’t be good at everything. So they are focusing on their part time program.

Okay, I’m over it.

This is the silver lining of bad times. You can get the political will to make the effeiciency cuts that probably should have been done in good times.

So you’re saying that all-you-can-eat lobster is no longer integral to an MBA education? This is what it’s like to go to med school.

http://www.businessweek.com/bschools/content/feb2011/bs20110214_474769.htm

(2) Guest

Our guest on the show today is Jonathan Sheffi. Jonathan is a 2nd year at HBS He has worked with Amgen, the FDA and the Broad institue, and has worked in health care consulting. He also writes a great healthcare blog at JonathanSheffi.com

So, good god, health care. Pharma, bio-tech, delivery, hospital. These all mean the same thing to me. Fix me. Go.

Oh wow, that’s alot of ground? So if I’m an MBA which one of these should I get job in?

And what is the general Salary range for these jobs?

I’ve been hearing a bunch about the Obama care revolution. How much of that money has been earmarked for MBA’s?

So what did you do?
Pac 10 cheerleader with a luscious bosom

So what routes can MBAs use to get into this industry?

What’s going to take for me to get one of these jobs?
-what was your background
-signaling conversation

So why would anyone go into health care?


http://www.ft.com/cms/s/2/1643c260-3b7f-11e0-9970-00144feabdc0.html

“Healthcare reform is one of the catalysts but [MBA interest] started before that,” says George Telthorst, director of the Center for the Business of Life Sciences at Indiana’s Kelley School of Business. “Healthcare is a social good and I think a lot of young MBAs realise they can do good but also have a more stable career in the future.”

(3) Jargon: atorvastatin

We try to pronounce that and fail.

He gets it right and explains why it’s important that you be able to pronounce drug names.

This is the drug name of Lipitor, the most proiftable drug in the world. It sold US$12.4 billion last year.

So, if you’re going into health care, you should probably be able to say atorvastatin.

(4) Business School Tip of the Week: Cold email.

How did you get your Job at Amgen?

Cold email, it really does work, but it works in volume.

(5) What’s on your Radar?

Tom: I’m going to a dude ranch in new york. And you have no idea how hard it was for me to find an exclusively republican dude ranch in new york.
Miro: Wife’s out of town. You know what that means at the Kazakoff house: slasher films and Chinese food out of the delivery box..
J: Sloan BioInnovations 2011