lawyer

When considering their career objectives, some students decide to pursue an advanced degree with a concentration in two different areas. There are several advantages to obtaining both degrees at the same time, with the time-saving factor being key. Taking the degrees separately would normally take about five years. By combining the two courses of study together, most students can graduate in three to four years.

So, exactly what is a dual MBA/JD? It is a graduate level of study that allows the student to integrate management skills while obtaining a law degree, culminating in the award of a Master in Business Administration (MBA) and a Juris Doctorate (JD). These programs require that the student apply for admission to both programs, specifying that they are enrolling for the dual degree. The MBA/JD program requires students to attend school on a full-time basis. In addition to obtaining a law degree, this joint program provides students with the management leadership skills necessary to advance in the business world.

The advantages of choosing a dual major, in addition to saving time, include more flexibility in career choices and a more recession-proof career path. Graduates will be well versed in the legal field and will have the managerial skill set to move up in the business world.

The costs of obtaining a dual major can vary depending upon the school that you choose. However, the costs will be higher than obtaining either degree alone. On the plus side, by combining the degrees, you will save at least one year of tuition over pursuing separate degrees.

Obtaining an MBA/JD can help you move up to a partnership position in a law firm, where skills beyond basic legal knowledge are needed. Additionally, it can help the graduate secure a corporate legal position, a position working with a nonprofit organization, a hedge fund or a government agency. The MBA side of the degree will also build valuable entrepreneurial skills and allow the law student to develop a firm understanding of financial concepts.

Students wishing to pursue a joint degree will find options available in the U.S. and abroad. There are no joint MBA/JD programs that are completely online due to a lack of accreditation by the American Bar Association. Search for your program below and contact directly the admission office of the school of your choice by filling in the lead form.