Students who receive a JD/MBA degree have more career options from which to choose. A graduate can move into corporate law. Additionally, a graduate with a JD/MBA can start, run and operate a business, either alone or with partners, providing his own specialized legal and business knowledge for the success of the business. The graduate can also pursue a traditional legal career, or work in a business environment. The increasing necessity of international business goals also creates a high demand for JD/MBA graduates in the international business world.
The JD/MBA degree allows a graduate to serve in a role between the business interests of a company and the legal needs of the company. As a businessperson, he can communicate the legal realities of a situation to business partners, while maintaining the company’s business goals when working directly with other lawyers. This creates the unique opportunity for a graduate to work as a go-between for both parties. For instance, a graduate with a JD/MBA may play a managerial role over a company’s legal teams, while acting as an advisor to other management regarding legal decisions.
A JD/MBA degree focuses the student’s attention towards the business side of the legal profession, while teaching business managerial skills a student can use in the workplace. According to the Go 4 Business School website, a student can finish a JD/MBA in the same amount of time as a legal degree, giving the JD/MBA a time-saving advantage over the student who pursues a law degree and a business degree separately.
The JD/MBA degree gives students the advantage of preparation for the business world while in college. Where students with a law degree could go to work in a business and spend the first year getting acquainted with the responsibilities of business law, a JD/MBA graduate is already prepared for these challenges and ready for the responsibilities. As a result, some companies consider graduates with a JD/MBA to already have an extra year of experience, for the purposes of calculating salary, benefits and positional advancement, says Go 4 Business School.