For many students, enrolling in a joint-degree programme is a decision that initially comes with more cons than pros. It’s expensive and a major time investment since most JD / MBA programmes range from three to four years. The admissions process is also much more competitive and the curriculum is intensive and demanding. Oh, and it’s not often that you come across many jobs that require both degrees either.
‘I guess it’s not worth getting both degrees then, right?’ Hang on — this is where we flip the script. For those interested in entrepreneurship as well as pursuing the legal field, getting a JD and MBA is incredibly valuable for one’s overall career journey. If you’re considering saying yes to a joint-degree, here are some of the pros that come with opting to do it.
There are plenty of careers for those pursuing joint-degrees.Law and business are peas in a pod. Although it might not look like it, the pair intersects more than you might think. Harvard Law School’s JD / MBA programme is designed for jobs where it’s critical to understand both law and business. While it may not be an outright requirement, the government, nonprofit sector, and private enterprises all value and actively hire graduates who have joint-degrees. Those practicing law get a better feel for understanding management practices and the startup industry, while those who work in business get to know more about the ins and outs of the legal world as it concerns their business. Ultimately, this allows entrepreneurs to make more strategic decisions when it comes to their brand. It’s a win-win for both parties.
The coursework for a JD / MBA will challenge you in ways you never thought were possible.In communications, there is a saying that once the brain is stretched it never returns to the same shape. JD / MBA students enrolled at top Schools are offered comprehensive course workloads with classes including Law and Business of Corporate Governance, Negotiating Complex Transactions, and Restructuring Firms and Industries.
All of these classes are designed to challenge the mind and provide a deep educational foundation for students that will take them beyond the classroom. Faculty members shape these courses by keeping in mind the globalisation of how business is conducted and the challenges arising as these procedures evolve. In keeping the changing world in mind, the curriculum must provide students with the insights they need to graduate knowing more than just the bare bones basics of law and business. They should also have sharper analytical skills and practical know-how necessary for success.
There’s access to a supportive network.On the day that you graduate with a joint-degree, you’ll move on to the next chapter of your career with your supportive hub of peers, professors, and alumni by your side. Some JD / MBA programmes even offer the ability to be a part of not one, but two alumnus from both Schools. So whatever programme you graduate from, you’ll be able to count on professional and personal support from your connections throughout the rest of your career path — and provide it in turn as well.
Deborah Sweeney is the CEO of MyCorporation.com which provides online legal filing services for entrepreneurs and businesses, startup bundles that include corporation and LLC formation, registered agent services, DBAs, and trademark and copyright filing services. You can find MyCorporation on Twitter at @MyCorporation and Deborah at @deborahsweeney.
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