Accelerated JD/MBA programs can usually be completed in only three years of study. Typically, these programs will require that you take summer courses in order to finish in that time frame. Also, accelerated joint JD/MBA programs will require that you apply to both the university's law school and business school.
Common Core Courses for JD/MBA Programs
The format of accelerated JD/MBA programs will vary by program with some requiring you take law courses your first year then MBA courses, while others may have you take a mix of both courses throughout the program. Also, exact coursework will vary, but there are some common courses that you will most likely be required to take on your way to earning both degrees. Below, we will discuss both MBA and JD courses that may make up your degree program.
For your MBA, you may be required to take a course that centers on the theories and concepts of how businesses develop, plan, and enact a marketing strategy. The aim of a course of this type is to give you the skills and knowledge necessary to make sound marketing decisions. Some possible concepts you may cover include advertising, pricing, marketing research, and distribution. You might also study how consumer behavior and larger market forces factor into marketing plans and strategies.
A course that covers the designing and planning of how services, products, and goods are delivered to consumers could also be a part of your MBA curriculum. This course will usually focus on a range of different operations management concepts, including supply chain management, inventory management, process analysis, project management, and quality management. You might also study the larger effects of operations on the whole of an organization and may use different software or modeling methods to solve and analyze operational management issues.
You could also be required to take a course that focuses on all aspects of managing an organization's finances, including capital budgeting, investments, and capital structure. In a course of this type, you may also study other factors that influence a firm's finances, such as the money decisions households make and the role of markets and financial institutions. You may also study how to interact with financial systems as to make the best possible decisions for your business in terms of assessing risk, time value of money, and asset valuation.
One course that is standard for most JD programs is that of criminal law, which seeks to give you a solid a foundation of the law of crimes and how criminal justice is administrated. In a class of this kind, you may study different aspects of criminal acts in terms of how they are defined by law and statues. You might also study criminal defense strategies as well as punishment standards. Some courses might also take a wide view of how criminal law functions in society.
A course on constitutional law, which might focus on all aspects of the Constitution, is also usually a required course for the JD and will usually cover everything from the judicial review of legislative action to the limitations of state and the federal government. You might also study the Constitution's amendments, including what rights they offer and the different powers that the Constitution affords Congress and the executive branch. Further, you could study the theories of constitutional interpretation and how judicial review has shaped the enforcement of the rights the Constitution offers.
Contracts is normally a course that examines the formation and operation of all types of contracts. In this course, you might also study how contracts are enforced, broken, and interpreted in a legal context. Usually, you will cover all sorts of different contracts, including employment contracts, family agreements, and the sale of lands or goods. You might also study such topics as remedies for breached contracts, how to modify contracts, the doctrine of consideration, and the effect of fraud or mistakes on contracts.
It's important to note that accelerated joint JD/MBA programs usually require that you apply to your chosen university's law school and business school separately, and you must be admitted to both in order to pursue both degrees simultaneously. That means you will need to take the LSAT and may need to take the GRE as well. Some programs may offer a GRE waiver, however, if you have a graduate degree or significant work experience. You will also need to submit an application, transcripts, a resume, and letters of recommendation as well.
In an accelerated JD/MBA program, you will take a mix of coursework in the fields of law and business and will be able to earn both degrees in a shorter period of time than earning them separately. To apply to a program of this kind, you must meet the entrance requirements for both programs.