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:

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  • 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.

 
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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.

 

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