<p>Just curious how people feel about these. I am a Sophomore at UMD studying Econ/Finance with a minor in Technology Entrepreneurship and on a Pre-Law advising tract. (Yea, i know thats a mouthful). These programs were brought to my attention and seem pretty interesting. They seem like they would make one much more marketable in both industries and since i've been working so hard to keep both those doors open, it might be cool to go to Grad school for both. (I'm planning on doing at least 1 either way) </p>
<p>Problem is that I can't find very much info on these programs. Each school outlines their own but there seem to be few, personal experiences, advice forums, comparisons, etc. Would love to see what people think about them. Would it only be worth it at top 20 schools because I just doubt my 3.7 is going to get me into Harvard, etc.</p>
<p>First, why do you want a JD/MBA? It’s great if you’re founding your own company or building your own firm from the ground up. Otherwise, it could be an expensive way to over-credentialize yourself.</p>
<p>Second, you’re not going to find a lot of info because very few people do it. It’s not because it’s tough (there’s thousands of new surgeons a year) but because I think people have trouble seeing the return on their investment.</p>
<p>Last, I’d say that if you can get into a top 20 for either, definitely definitely definitely go. But for both? I don’t know. It’s still going to be wildly expensive and demanding for not much more of a payoff.</p>
<p>Son’s good friend is in the JD/MBA dual program at Columbia. She is required to pay the tuition of BOTH programs at the SAME time. She graduated in 2010 from HYP worked for an i-bank and is now in her 2nd year at Columbia. She plans on going back into i-banking/PE after her JD/MBA.</p>
<p>His other buddy is at HLS and is also pursuing a JD/MBA, he already has several job offers, I think mostly consulting. His salary for just this summer (2 months is $60K), his offer for his starting salary is relatively high so he doesn’t see any problem paying off his loans.</p>
<p>Hi, sorry I know this post is old but I’m very interested in pursuing a dual MBA/JD and I’m wondering if anyone here has actually done this. </p>
<p>Did you enjoy it?
Do you think you missed some things doing it in a shortened time frame?
Has/how has it helped your career?
Are there any particular schools that are more accommodating/helpful about it than others?
And lastly…
If you got into a dual JD/MBA program at a good school (say bottom of the top 20) and also got into only one (JD or MBA) at a great school (top 5) which do you think would be the better option?</p>
<p>I think in 95% of cases they are the wrong choice. Most people who want to do JD/MBAs, in my experience, are students who can’t decide whether they want to be a lawyer or go into business, so they do a JD/MBA program so that they can “prepare for both.”</p>
<p>No - I think a JD/MBA is best for someone who needs the specialized knowledge. Maybe you want to do corporate law - but not just corporate law, but like real estate law and busines, so you get a JD and an MBA in real estate. Or maybe you want to do legal issues in risk management and insurance so you get a JD and an MBA in risk management. But even that isn’t really necessary, because there are plenty of JDs that do the legal stuff in those industries without the MBA.</p>
<p>I think the best thing for you to do is work for 3-5 years and then figure out from there which is best.</p>
<p>Paying the tuition for both programs in a JD/MBA is not typical. Columbia’s own website says that students in the 3-year JD/MBA program pay standard law school tuition their first year, 150% of business school tuition their second year and 150% of law school tuition their third year. In the four-year JD/MBA program, you pay tuition only to the school in which you are enrolled that year.</p>
<p>Getting only a JD or an MBA at a top 5 school is much better than getting a JD/MBA at a 25-30 or even a 15-20 school.</p>
<p>Thanks very much for your reply. Just out of curiosity, have you yourself done an MBA/JD? If so, can I ask why you chose to pursue one and if it has been helpful?</p>
<p>Thank you for the article, it brings up many good points. The follow up article, “5 Benefits of a Dual JD/MBA” specifically mentions how helpful it can be for pursuing a career in Public Interest (what I’m interested in) so even though the costs and work load can be significant, I still feel it may be the best option for me.</p>
<p>I believe if you obtained a JD/MBA you will be able to access a variety of careers. I think its is very beneficial to get one, even if you are indecisive, it is still a good choice at least you know you wont be unemployed. </p>