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sbhghosh
Underclassman

India
2 Posts

Posted - 07/09/2005 :  08:11:49  Show Profile  Send sbhghosh a Yahoo! Message  Reply with Quote
hi all,

i am a law grad from NUJS Kolkata, India and it is the 2nd best law school in India. i have passed out this year and I am currently doing my MBA from ICFAI Business School, Hyderabad, India, which is the 10th best B-School in India. I was pretty initially much confused regarding the future prospects after passing out from B-School. but after much research i have found that the prospects are not all that bad. Anybosy woth Law + MBA (Finance) degree can expect a job in a Merchant Banking Co. or in Banks or in Insurance Cos. or in Consultancy Firms and if u have a MBA (HR) degree froma good B-school, then nothing like that.

if anyone with a similar dilemma, knows something more can post his msgs. we can all in fact have a yahoo group. what do u guys say???

bye for now.
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sbhghosh
Underclassman

India
2 Posts

Posted - 07/09/2005 :  08:15:08  Show Profile  Send sbhghosh a Yahoo! Message  Reply with Quote
hi,

sorry for the gramatical error in my previous mail. that was just a typing error.
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LaworMBA
Underclassman

USA
1 Posts

Posted - 08/05/2005 :  11:08:08  Show Profile  Reply with Quote
It appears that there are many views on the subject of Law vs. MBA. I am starting my Junior year at a top Midwestern private college I want to know if many of you had the choice between one program Law Or MBA what would you chose. All I want to do is find the most rewarding career path, and arguing over comma placement sounds pretty boring to me. However, I am very dedicated so if there is a larger reward in on versus the other it may be worth the struggle.

Jreed
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lawman
Underclassman

1 Posts

Posted - 05/01/2006 :  14:56:31  Show Profile  Reply with Quote
me too considering MBA after law. i fancy a M& A firm job since that is my current pratice area
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Adv
Underclassman

India
2 Posts

Posted - 10/22/2006 :  13:52:02  Show Profile  Reply with Quote
Hi all. I thought i was the only one facing this delima, before i discovered this chain of discussion. I am a practising lawyer since almost 2 years and would like to persue MBA now. Is there any lastest update to help me decide??
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kivtir
Underclassman

India
4 Posts

Posted - 10/24/2006 :  11:29:46  Show Profile  Reply with Quote
Hi, ive been a corporate lawyer for over two years now in Mumbai, India. I plan on pursuing an MBA at a top US business school. Ive secured a plus 700 GMAT score.

My aim is to move into strategic consulting and later into private equity or venture capital type work.

I have two questions -
1. Am i short on work ex?
2. Since im making a career shift, what kind of detail do i need to get into in my essays regarding my career aspirations?
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JinJJa
Upperclassman

10 Posts

Posted - 11/16/2006 :  14:12:28  Show Profile  Reply with Quote
Attorneys have the 2nd lowest occupational satisfaction rate (the first is construction worker), so I am not surprised there are LOT of attorneys applying to business schools.

The good news is that there are a lot of successful business people who have a JD but are not full time attorneys. Take Jim Cramer, he became one of the best fund managers in Wall Street and he has ZERO business education (BA and JD from Harvard). And now, he is running a prime time TV show about stocks...go figure!.

I would say getting a MBA will only enhance your career. It cannot possibly detract from it.

The real question is how much bang for the buck are you going to get for that MBA? What will be its ROI?

I wouldn't be too concerned with short term job prospects. Remember, you will probably work 30+ years and the real value of MBA, in my opinion, is the quality and number of opportunities it will bring you (not the first salary out of school).

I think any employer will be impressed with JD from Vanderbilt + top 20 MBA. They would certainly think you will be a executive material after some seasoning. Just don't expect instant gratification.

I would never underestimate your long term career prospects with those education credentials.
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JinJJa
Upperclassman

10 Posts

Posted - 11/16/2006 :  14:16:12  Show Profile  Reply with Quote
I think the long term prospects of JD +MBA is quite good.

I wouldn't see the short term prospects as a reliable indicator of what the combined degrees are really worth.

$120K is good money? I am willing to bet you will get plenty of executive positions that pays ten times as much once you settle down and get some experience in the field you love with JD+MBA.
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JinJJa
Upperclassman

10 Posts

Posted - 11/16/2006 :  17:35:00  Show Profile  Reply with Quote
Trying to understand "a bit about finance" is not worth investing $100K+ (tuition, living costs, lost wages) for an MBA.

There are plenty of books about finance you can read and master which will allow you to understand at least bits of it.

Here are some of the reasons why getting an MBA makes sense for you:

1)You want to be a partner at a law firm and you think MBA will help you.
2)You don't like law and want to be a consultant and you think MBA will help you (it will).
3)You want to practice Taxation and you think an MBA will help you. I personally think getting an Accounting Certificate from schools like UCLA might be more relevant.
4)You don't know what you want to do but you are sure you don't want to practice law and you think MBA will help you (probably).
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lawguy08
Underclassman

2 Posts

Posted - 11/18/2006 :  22:51:49  Show Profile  Reply with Quote
Howdy. I'm in law school right now at a top 15 law school. Unfortunately, due to my less than stellar class standing I'm having some difficulty getting summer associate positions. I have taken the GMAT and scored in the mid 700s. I am considering either getting a joint JD/MBA or going to business school after i graduate. My university's B-school is ranked in the mid-20s. Anyone in the business world know if i would be better off doing this, or just waiting to graduate and applying to a top 5 B-school?
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JinJJa
Upperclassman

10 Posts

Posted - 11/20/2006 :  17:44:43  Show Profile  Reply with Quote
quote:
Originally posted by lawguy08

Howdy. I'm in law school right now at a top 15 law school. Unfortunately, due to my less than stellar class standing I'm having some difficulty getting summer associate positions. I have taken the GMAT and scored in the mid 700s. I am considering either getting a joint JD/MBA or going to business school after i graduate. My university's B-school is ranked in the mid-20s. Anyone in the business world know if i would be better off doing this, or just waiting to graduate and applying to a top 5 B-school?




The question is what do you want to do in the LONG run?

If it is law, then perhaps MBA (with its 100K+ price tag) isn't worth it. If you are certain to go into business, then MBA is probably quite worth it.

I think one of the biggest mistake people make in their 20s is they don't think of their careers in the long run. They only see the short term benefits/risks (starting salary, starting employer etc).

If you would not get an MBA if you had an offer from a prestigious law firm, then you shouldn't get an MBA. I think the worst case scenario for you is if you get an MBA and found out you only want to practice law. Although MBA may still help your legal career, it may not be worth another 100K+time+effort.



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taxed
Underclassman

USA
1 Posts

Posted - 07/18/2007 :  19:50:17  Show Profile  Reply with Quote
quote:
Originally posted by wassup13

My girlfriend did something similar to you. A lot of it is being good at interviewing and networking. Convince them you are qualified. Almost everyone else is doing something different too with their MBAs.

If ifs and buts were candy and nuts we would all have a merry Christmas.



Ed Smith
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thebes18
Underclassman

2 Posts

Posted - 09/15/2007 :  23:58:51  Show Profile  Reply with Quote
I have an almost identical situation. I'm going to a mid-30s law school but I also have an electrical engineering degree. What type of career aspirations should I put in my personal statement. I wanted to do something that would mix my engineering, law, and business degree. So far Im thinking of going into general management in the technology field. Any ideas.

quote:
Originally posted by lawguy08

Howdy. I'm in law school right now at a top 15 law school. Unfortunately, due to my less than stellar class standing I'm having some difficulty getting summer associate positions. I have taken the GMAT and scored in the mid 700s. I am considering either getting a joint JD/MBA or going to business school after i graduate. My university's B-school is ranked in the mid-20s. Anyone in the business world know if i would be better off doing this, or just waiting to graduate and applying to a top 5 B-school?

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ruchi
Underclassman

1 Posts

Posted - 03/05/2008 :  10:40:28  Show Profile  Reply with Quote
quote:
[i]Originally posted by JinJJa[/i]
[br]
quote:
Originally posted by lawguy08

Howdy. I'm in law school right now at a top 15 law school. Unfortunately, due to my less than stellar class standing I'm having some difficulty getting summer associate positions. I have taken the GMAT and scored in the mid 700s. I am considering either getting a joint JD/MBA or going to business school after i graduate. My university's B-school is ranked in the mid-20s. Anyone in the business world know if i would be better off doing this, or just waiting to graduate and applying to a top 5 B-school?




The question is what do you want to do in the LONG run?

If it is law, then perhaps MBA (with its 100K+ price tag) isn't worth it. If you are certain to go into business, then MBA is probably quite worth it.

I think one of the biggest mistake people make in their 20s is they don't think of their careers in the long run. They only see the short term benefits/risks (starting salary, starting employer etc).

If you would not get an MBA if you had an offer from a prestigious law firm, then you shouldn't get an MBA. I think the worst case scenario for you is if you get an MBA and found out you only want to practice law. Although MBA may still help your legal career, it may not be worth another 100K+time+effort.






I have done B.tech in Electronics and communication and now was looking at MBA+law degree from Jodhpur University.. Can you please throw some light on its career prospects..?Or will only Mba benefit as I'm interested in law as well, along with Management in Marketing...
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