Individuals who are interested in business and corporate law might consider earning both a JD (Juris Doctorate) and an MBA (Master of Business Administration) through a joint program. This type of degree offers graduate students the chance to broaden their professional opportunities. Typically, engaging in a dual degree program as opposed to earning the degrees consecutively can save students time and money. Some elective courses are often double-counted allowing for degree completion in three to four years, depending on program structure. Read on to learn more about five JD/MBA programs in the state of Texas, as well as some common courses that students pursuing this dual degree may encounter.
JD/MBA programs in Texas
University of Texas - Austin
Students can pursue the JD/MBA dual degree program at UT-Austin. Students begin their program with the first year at the law school, and then take courses within each school each semester. In total, 70 hours at the law school and 47 hours at the business school will be completed. Those completing both degrees may be interested in the Center for Law, Business, and Economics or the Kay Hutchinson Center for Energy, Law, and Business at the law school, or taking part in micro-consulting projects at the business school. Students must apply to the law school, business school, and dual degree program. Applications to the law school can be made through the Law School Admissions Council (LSAC), and requires LSAT or GRE scores, resume, personal statements, transcripts, and two letters of recommendation. For the business school, students must submit a resume, transcripts, letter of recommendation, GMAT or GRE scores, and essays.
Baylor University, in Waco, Texas, provides a JD/MBA program. In this program, students take courses at one program or the other each year they are enrolled. MBA elective course requirements are waived for those participating in the dual degree program. Baylor Law offers professional tracks that may be of interest to dual degree students, including business planning or transactional law. Applicants must apply to each program; however many students begin enrollment in one program and then choose to apply to the other. The business school application will require a resume, one recommendation, transcripts, and GMAT or GRE scores. The admission process at the law school requires LSAT scores, personal statement, one recommendation, and a resume.
Southern Methodist University
Students can pursue a joint JD/MBA at Southern Methodist University, in Dallas. The JD/MBA is offered in a four-year format for most students, or a three-year format for students with undergraduate preparation in business or economics who do not wish to pursue specialization at the business school. In both programs, the first year of study is completed entirely at the law school; and the final two years of study will involve taking courses at each school. Opportunities for clinical practice, such as the small business and trademark clinic, may be of interest to dual degree students. Students must be accepted to both the law and business schools. The law school requires applications to be submitted through the LSAC, and entails LSAT scores and transcripts. The business school requires transcripts, essays, recommendations, an interview, and GMAT or GRE scores.
University of South Texas/St. Thomas University
The University of South Texas and St. Thomas University, in Houston, have collaborated to offer the JD/MBA option. In this program, student attend the law school at South Texas for the first two years, the MBA program at St. Thomas University for the third year, and South Texas for the fourth year. The transactional practice center at the University of South Texas provides opportunities for immersion in business law. To apply, transcripts, resume, three recommendations, and a resume should be submitted to St. Thomas University, while a resume, three recommendations, LSAT scores, and transcripts should be submitted to South Texas University. Students may apply to St. Thomas University only upon their acceptance to South Texas University.
St. Mary's University
St. Mary's University in San Antonio provides a JD/MBA option. Students can complete the program in three to four years. Students can participate in experiential learning opportunities through the Harvey Najim Center for Business Innovation and Social Responsibility, which offers opportunities for both business and law students. To the law school, students should provide transcripts, LSAT scores, a resume, and letters of recommendation. Business school admission requirements include transcripts, 2 recommendations, a resume, GRE or GMAT scores, and a statement of purpose.
Students pursuing a dual degree program may focus their study on business law related courses. Here, you can learn more about several common offerings.
This course may consider the laws and regulations governing how corporations, limited partnernships, and other business enterprises are formed. The roles of various individuals within these organizations, such as shareholders and officers, may be considered. Both common law and state business codes will be reviewed.
Antitrust law concerns the regulation of trade within the marketplace. A course in antitrust law may discuss price-fixing agreements, trade associations, monopolies, and price discrimination. Students may have the opportunity to draft business contracts in compliance with antitrust law.
Those involved at the intersection of business and law must be familiar with the legal issues involved in the declaration of bankruptcy. This course will typically examine bankruptcy proceedings both for individuals under Chapter 7 and corporations under Chapter 13. Other topics may include judgment liens, powers of trustees, and the differences between secured and unsecured claims.
The energy industry is a major player in the Texas economy. This course may look towards the laws and regulations governing a range of providers of energy, including oil, gas, coal, and nuclear power. The course may also explore the relationships between energy and other commercial ventures.
A study of contracts is typically a foundational course for law students. This type of class may consider both common law and Uniform Commercial Code regulations as they apply to contract law. Major topics may include promises, remedies, and consideration.
Professionals holding the JD and MBA can expect to find a wide range of job opportunities. There are many schools in Texas offering programs to pursue these degrees jointly.