Top JD vs. Top MBA, what would you recommend?
Say hypothetically someone is able to make a mostly equal decision on whether to attend an M7 business or t14 law school. Moreover, say this person is "indifferent" between wanting to be a lawyer, and say, a management consultant. What would you recommend, and why?
I would first do joint JD MBA, and then do JD first... prefer T10 though, but T14 shouldn't be too bad either. It gives you good salary without needing work experiences backing you up, and you can always go back to MBA if you want. Much harder the other way around with the age and LSAT problem.
I've actually heard the opposite. Law school is more forgiving of your background and a bit easier to get into corporate law than MC or IB. So I think the general consensus is to try for business as you can always go to law school later - just need a test score.
Just because you heard it doesn't make it consensus. Many JD students can't get into decent MBA s, and those getting into MBAs don't need a JD.
There are plenty of JDs going into consulting and Banking. Simply not as many as MBAs.
i find it hard to believe that anyone can be indifferent between wanting to be a lawyer and a consultant. also M7 schools require work experience while law schools don't so not really apples to apples. having said that, in a vacuum, M7 MBA > T14 Law for earnings potential/lifestyle post school
I was about to peck out a reply and saw this. I second this.
Only thing to consider is that a JD will give you a license (or whatever you want to call it) to do something...which you can go out and do on your own. An MBA technically doesn't do that. But...you also have to ask yourself who you would rather be around 60-80 hours a week: consultants or lawyers?
I have both degrees and have interned at a large law firm and currently work at a Tier 2 consulting firm. Consulting has broader career options by far if you decide to leave the firm. People who leave Big Law typically become corporate counsel or compliance officers, fine if that is your cup of tea, but nowhere near the variety of exits you get from consulting.
The next item is purely personal, I found law to be very boring compared to solving business problems. Reading up on statutes and case law is not fun.
Everything else being equal, you'll have a ton more career flexibility with an MBA than with a JD. You'll also save a year of tuition. Plus, when you factor in the opportunity cost of not working one additional year, the decision to get an MBA could be plus-$200k compared to law.
Seeking Advice: Business School, Law School or Both? (Originally Posted: 09/14/2017)
DLTDLTDLTDLTDLTDLTDLTDLTDLTDLTDLTDLTDLTDLTDLTDLTDLTDLTDLTDLTDLTDLTDLTDLT DLTDLTDLTDLTDLT
Eos neque iusto non natus perferendis. Aut hic accusamus ut nisi. Aut necessitatibus minima voluptas nostrum.
Quam consequatur sunt quam ipsa quis est vel eius. Amet nihil dicta sed ut a ipsa. Odit optio officiis iste. Non harum voluptas dolorum iusto voluptate. Iusto laboriosam eligendi sed quo quia ut. Quaerat blanditiis mollitia quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...