In the business world, understanding the law is a tremendous asset. Top managers often study the law in order to understand its applications their type of business, so that they can make better-informed decisions about their companies. Whether you are a business major or a manager thinking about furthering your career, you may be considering earning an MBA (Masters in Business Administration). A degree from an accredited law school can help you get into a top MBA program and increase your chances of landing the job you have been dreaming of.
Why earn an MBA after law school?
In today’s difficult job market, it is more important than ever to increase your marketability and improve your prospects of getting the job you want. Over 80% of business executives stress that a graduate degree in business administration is a must for those looking for the top management positions. Companies are more likely to hire applicants who have earned an MBA; in fact, many businesses recruit students who are still working on their MBAs, in order to ensure that they have the best talent working for their company.
Getting into a top MBA Program
With increasing numbers of individuals looking to tighten up their resumes and improve their employment prospects, getting into a highly-rated MBA program means standing out from the competition. Before you can be considered for acceptance to a business school graduate program, you will need to pass the GMAT (Graduate Management Admissions Test) with a score of 600 or higher.
In addition, you will need to show an impressive resume; this can mean highlighting your work experience, pointing out your major accomplishments, or demonstrating an impressive academic record. Law students and law school graduates often have an edge over other applicants, as the skills they have acquired in law school are readily transferrable to an MBA program.
MBA degree requirements
In order to earn your MBA, you will need to complete 18 courses (54 credits), which will be specified by your program. Coursework will include classes in economics, finance, accounting, managerial statistics, computing, and mathematics. Business law and ethics courses are also required by many MBA programs, along with numerous elective courses that will allow you to focus in a specific area of management, if you wish.
Will an MBA help you get into law school?
Having a law school degree can be extremely helpful when applying to the top business schools; conversely, having an MBA can help you get into law school. MBA programs often include courses in business law, ethics and professional standards; knowledge in these areas will help you to stand out from the competition when applying to the top law schools in the country.