LLM & MBA Dual Degree

This article introduces readers to dual Master of Laws (LLM) and Master of Business Administration (MBA) degree programs. Admission requirements, coursework and program expectations are covered.

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A Master of Laws (LLM) and Master of Business Administration (MBA) dual degree allows lawyers who are interested in furthering their education to specialize in business law. It is also a good combination for lawyers who want to branch out into management training and open up new career possibilities while also deepening their legal expertise.

LLM/MBA Dual Program General Information

A dual LLM/MBA degree is a good choice for lawyers who want to specialize in business areas such as financial services, or who want to help startups and entrepreneurs to get off the ground.

A reasonable minimum time expectation to complete a dual LLM/MBA degree is two years of coursework, with classes taken during the summer in addition to the traditional semesters.

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LLM/MBA Coursework

LLM/MBA programs might intermingle their classes and have students take some from each school during each semester, or they may be presented separately and split between the two years. The LLM requirements are usually slightly less than those of the MBA in terms of credit hours, unless the student has transferrable prior coursework that is equivalent to some of the MBA classes. Examples of courses that you might see in this dual degree program include:

Marketing

In this dual program, students usually take at least an introductory marketing course. Courses and concepts can include marketing management, consumer behavior, research methods, the use of modeling tools and market forecasting.

Economics

Economics classes generally focus on how managers apply principles to solve problems within a business setting. These classes are thus more practical than theoretical. This includes things like investment decisions, pricing and predicting fluctuations in supply and demand.

Organizational Behavior

Organizational behavior examines how business structures and policies relate to personal behavior and attitudes at work. Courses cover behavior at the individual, group and organizational level. Students learn how to be a more effective manager from these courses.

Legal Analysis and Research

Advanced legal research and analysis classes in this dual program cover common law analytical methods and discourse. Students learn how to solve problems that clients commonly have by using statutes and previous cases with related rulings. These courses may also incorporate legal writing techniques.

Mergers and Acquisitions

Mergers and acquisitions courses are usually among elective options, but should be of particular interest to students in this dual program. Students learn how lawyers handle the process of evaluating, structuring and implementing a merger or an acquisition. Concepts covered include antitrust law, state case law and private ordering.

Admission Requirements

Most LLM programs, including dual degree programs, require the applicant to have a Juris Doctorate (JD) before applying. Other common requirements include a statement of purpose, a resume and/or CV, letters of recommendation and an interview. The LSAT score may be considered, but is not required by all programs. Some programs may require that students take the GMAT or GRE if their LSAT score is too low or not recent enough.

Students who meet the LLM admission requirements will usually also meet most of the MBA requirements by default. The only area where they may deviate is that some MBA programs might require specific prior coursework in business, mathematics or statistics.

A dual LLM/MBA degree is a good choice for students with a JD who want to delve further into the world of business law or branch out into running a business. The program can be completed in two years with summer courses.

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