MBA or law degree?

Hey all,

Coming from Australia where comm/law is the norm among bankers, do you think this would still require an MBA to move up in PE? Does the law degree provide enough credibility?

I think the skillset of law is much more useful than the coursework of an MBA. If an MBA is required anyway then it would shave off 2 years to not complete the law.

Any insights?

 

Hey Oligarch92, sorry about the delay, but are any of these useful:

  • What's the use of going to a top b-school if you can get the same opportunities from a lower tier b-school? You can get the same from M7 and maybe the numbers are a little higher than these T15 schools but, and ... question is why do people stress more on M7 even though no one cares where you got an MBA 2 years out? ... There are some areas such as PE and IM where M7 outperform other schools but even at M7 as a qualified ...
  • How do T10 B-schools view law school grades? b-school. I took the GMAT, in preparation to try and go to the JD/ MBA program for my school but exceeded my ... Hi I'm a first year in law school, I had really poor undergrad grades, but I will most likely ... have pretty good law school grades. Straight out of undergrad. My first semester was strong(3.7ish) and ...
  • Another Take on Target Schools: Representation at America's Elite B-Schools college is to see how many alums end up at elite business schools (M7) since it goes to follow that in ... College: 5 Colby College: 5 Bates: 4 BYU: 3 Haverford: 3 UNC: 3 college business school prestige ... People discuss target schools and rankings all the time but usually people just toss out anecdotes ...
  • The perception of these b-schools to employers, job prospects, and college decisions Now that I have heard back from the business schools I applied to for undergrad I am attempting to ... and I was wondering the prospects for me in I-banking and accounting coming out of these schools. And ... I was wondering what the employer perspective on each of these schools is and if the loans are worth the ...
  • Undergrad B-School Bonanza: Tulane v. UT Austin v. Boston University of America, Ernst and Young or JP Morgan for two years then go back to school and get my MBA /JD and ... Hey Guys, Recently I have been accepted to the McCombs School of Business at UT Austin, the ... Freeman School of Business at Tulane University, and the School of Management at Boston University. ...
  • Best B-School for Dallas? and/or an MBA. For funds and AM in Dallas, where do they recruit from? Still primarily M7 or do regional ...
  • MBA Consulting Preferences at B-school you guys noticed at your school? business school mba ... business schools. For example, at my school (top 15 on west coast) and when talking to one of my friends on ... Hey everyone, With MBA internship recruiting over, I am curious to see if anybody noticed any ...
  • Most Important Factor in B-School Admissions? considering an MBA as the next step after I finish my current degree. I was wondering what is the most ... I am current studying International Relations at a high level university doing a masters degree ... important aspects of an MBA applicants package for top programs? Is it undergrad grades, GMAT, SOP, work ...
  • More suggestions...

Fingers crossed that one of those helps you.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Depends, are you willing to move out of Australia if you get a good offer. Coming to mind, Paul Singer reminds me of the best lawyer who manages a hedge fund. An M.B.A with experiences will talk about your previous experience and talk about different, various case study. It really depends what you want to do in future and what your end goal is.

P.S Just an assumption you are living in Australia and I can be completely wrong.

"It's okay, I'll see you on the other side"
 
Funx2192:
Depends, are you willing to move out of Australia if you get a good offer. Coming to mind, Paul Singer reminds me of the best lawyer who manages a hedge fund. An M.B.A with experiences will talk about your previous experience and talk about different, various case study. It really depends what you want to do in future and what your end goal is.

P.S Just an assumption you are living in Australia and I can be completely wrong.

Lots of the distressed guys have JDs as well - Oaktree, Avenue, and Crescent all have some pretty heavy hitters with JDs.

 
Most Helpful

R.I.P Steve Irwin, I can't even imagine getting stung by a manta ray. He has great children who will carry on his passion.

"It's okay, I'll see you on the other side"
 
  1. MBA from Australian universities don't hold much weight compared to Wharton/Harvard/ Stanford MBAs, so thinking that law is good Australia option

  2. Undergrad with some corporate advisory experience, deciding whether to drop the law degree and graduate with commerce because instead of spending 2 years on law, I could spend 2 years on MBA down the track

  3. Also I'm tilted towards investing areas that require legal knowledge (distressed sovereign, distressed PE, merger arb arguably)

 

Clarification: the law is completed undergrad, currently doing comm/law and deciding whether to drop the law.

Problem is comm/law is a benchmark in AUS IB and so I'd likely be forced into full-time work at a boutique/MM position.

 

Dolorem qui ut necessitatibus deserunt qui temporibus rerum. Quisquam consequatur possimus temporibus et earum vel modi. Voluptas qui ratione alias sapiente. Est saepe itaque illum nostrum.

Accusamus quibusdam cum quae aliquam voluptas. Ut et voluptates labore. Dolores cupiditate recusandae incidunt inventore explicabo. Molestiae recusandae assumenda reprehenderit ea vero omnis explicabo. Cum ducimus earum veniam rerum deleniti iste sit. Quia earum omnis blanditiis dolores pariatur.

Eum magnam beatae hic perspiciatis. Velit voluptatum accusantium enim dolor deleniti molestiae. Quidem ab qui voluptatem harum sit explicabo.

Voluptas ullam sunt atque a. Ad accusamus unde vel corporis sint veritatis praesentium fugit. Sapiente qui mollitia quasi deleniti incidunt quis repellat. Amet qui nemo sapiente. Rem veniam molestias in. Labore doloribus sed modi aut quo nostrum. Labore nihil molestiae consectetur repellendus assumenda.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (388) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (315) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”