If you are undecided as to whether you would like to pursue a career in business or law, a MBA/JD program gives you exposure to both career paths. MBA/JD dual degree candidates usually do one internship in the business world and one in the legal field to determine which career path interests them more. Once these candidates are out in the working world, having both degrees also gives them career flexibility. For instance, if there are fewer jobs in the legal profession, a person with an MBA/JD could easily transition to work in the business world. Furthermore, employees in both business and law firms with a MBA and a JD typically have more negotiating power for annual salary increases because of their knowledge of two fields.
There are, however, some career limitations presented by MBA/JD programs, especially for individuals who are undecided between a career in business or in law. Since the programs are by their nature accelerated (cramming 5 years of schooling into 3 or 4 years) MBA/JD dual degree candidates frequently do not get to take as many elective courses offered by the business or law school. This can limit degree candidates’ exposure to certain fields of law, such as constitutional law, or business, such as entrepreneurship. If you are not 100% sure that you are interested in both business and law, you should carefully consider whether a dual degree is worth your time, money and effort.