Medical schools in Korea have traditionally focused on educating students to pursue careers mainly in clinics, hospitals, and laboratories. However, there is a pressing need for healthcare leaders who possess both clinical credibility and managerial excellence in such areas as health-related government agencies and private corporations in biotechnology, pharmaceutical, medical-devices, health-insurance, and healthcare consulting. In recognition of such growing need in today’s world for specialists who are fostered in the intellectual disciplines and practices of medicine and management, MD/MBA dual degree programs, which have been successfully implemented in more than one-third of medical schools in the U.S., are recently drawing attention in Korea. This paper first examines a recent trend toward increasing managerial demand in the domestic and global health-related industry. Then, several representative MD/MBA programs in public and private schools in the U.S. are investigated, including program growth, application and admission requirements, curriculum and degree requirements, and program leadership and organization. Based on this case analysis, we present a possible MD/MBA program that is tailored to medical and business schools in Korea. We discuss potential obstacles and issues to be considered in order to successfully implement MD/MBA programs in Korea. Lastly, if MD/MBA programs are implemented in Korea, we estimate the clinical and social impact on both the private and public arenas and anticipate the future prospects.