The NYU JD/MBA Program: What You Need To Know

December 3, 2024
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What Is a JD/MBA Degree?Overview of the NYU JD/MBA ProgramNYU JD/MBA Class Profile NYU JD/MBA Admission Statistics What Is NYU JD/MBA Looking For In Applicants? NYU JD/MBA Program Admission RequirementsNYU JD/MBA Application DeadlinesHow To Improve Your Chances of Getting Into NYU JD/MBANYU JD/MBA Career Outlook and Salary

Keep reading to learn how to get accepted into NYU’s JD/MBA program!

What do you do when you are interested in pursuing both an MBA degree and a JD degree? Consider applying to NYU’s JD/MBA dual degree program. At NYU, you can graduate with a JD/MBA degree in four years instead of five. That’s an entire year earlier when you can start applying what you’ve learned to your professional life!

This guide will further review what the JD/MBA degree is, and it will provide an overview of the joint degree program, the curriculum, admission requirements and how to apply, tips on how to get into the JD/MBA program, JD/MBA career outlook and salary, and frequently asked questions about the program.

What Is a JD/MBA Degree?

A JD/MBA degree is a dual degree program that incorporates a curriculum to receive a Juris Doctor (JD) and Master of Business Administration (MBA). This degree usually takes as little as four years to complete, but this is dependent on which school you plan on attending.

In a JD/MBA program,you earn your JD with the law department and your MBA with the business department, which means you are earning two separate degrees simultaneously.

Ideally, this program is for students who desire to learn about how law and business intertwine. If this is you, then this is the perfect dual degree program for your interests!

Overview of the NYU JD/MBA Program

The NYU JD/MBA degree program is cost-saving and reduces the time spent to complete the degree. This dual degree program takes up to five years at other universities, but New York University has reduced it to four years. Typically, each individual degree would take up to five years to complete, and NYU enacted thorough planning to bring convenience to their students.

In this program, you will concurrently earn your Juris Doctor (JD) at NYU’s School of Law and your Master of Business Administration (MBA) at the Stern School of Business. The dual program provides an understanding of the business and legal aspects of commerce. It also helps to supply a strong background for job opportunities in law and business.

In the first two years of NYU’s JD/MBA, you can expect to spend your time at NYU School of Law, while the third year will be spent at NYU Leonard N. Stern School of Business, and during your fourth year, you will spend an equal amount of time between both schools.

All applicants may apply directly to the joint degree JD/MBA program or apply to Stern in their first or second year of law studies at NYU. Regardless of your decision, you are required to be admitted to both programs before starting the MBA portion of the dual degree.

The program structure of the JD/MBA dual degree involves a sum of 122 credits. You must finish 51 credits at NYU Stern and 71 credits at the School of Law. This structure allows you to complete the program in four years instead of five years to finish both degrees independently.

NYU JD/MBA Curriculum

When working towards earning the NYU JD/MBA dual degree, you must complete the general requirements of the JD/MBA program. You will also be required to complete a transactional course along with an individualized Senior Project in the Law and Business Projects Seminar course.

In the dual degree program, you will not be able to take the following Stern School of Business Classes due to an overlap in the curriculum:

  • DBi Costa Rica: Sustainable Business in Latin America
  • DBi South Africa: Cape Town
  • DBi Mexico
  • DBi Israel: Entrepreneurship and Innovation – The Israeli Model

Transaction Courses

Transaction courses are applicable spanning many different industries. These courses allow students to recognize the particular ways that business transactions provide value to the design, bargaining, finance, and exercise of deals, along with business management and commercial client relations.

Law and Business Projects Seminar (Jacobson Scholars) 

This project will inspire your particular interests and challenge you to demonstrate both your legal and business skills. The project will be examined in the Law & Business Projects Seminar, a year-long course co-taught by the Jacobson Leadership Program Faculty Directors.

If you are not a Jacobson student, you can always email in your resume and a one-page description of your project proposal.

Jacobson Leadership Program Courses

NYU School of Law’s Jacobson Leadership Program in Law and Business aims to instill the highest ethical standards, and gives the skills for leaders to link the boundaries of jurisdiction, sector, and culture.

  • Business Law Transactions Clinic
  • Law & Business of Bankruptcy and Reorganization – This joint law and business course comes to Stern and law school students. It has students focused on the legal and business facets of bankruptcy and reorganization.
  • Law & Business of Corporate Transactions – The primary goal of this course is to incorporate diverse elements of the academic training of law and business students in a transactions-oriented context.
  • Law & Business of Social Enterprise Law & Business Projects Seminar

Stern School of Business Program Courses

You will have general degree requirements to complete. You can refer to the following list to better understand what will be expected of you for your MBA.

  • Complete 60 credits with at least an average GPA of 2.5000
  • Finish Team Communication during your first semester
  • Complete or establish proficiency in Statistics and Data Analysis and Financial Accounting and Reporting during the time of the first semester
  • Complete or establish proficiency in a minimum of five of the eight Menu Core courses during your first year
  • Take part in a summer internship between the time of your first and second year at NYU
  • Finish the capstone core course, Professional Responsibility or Ethical and Legal Challenges of the Modern Corporation, during your second year

MBA student Maria Paula Rodriguez examines the pre-and co-requisites at Stern School of Business. For an in-depth look at the core requirements, check out her video!

NYU JD/MBA Acceptance Rate: 15.65%

NYU Law School received 8,874 people, and 1,389 were offered admission in the 2024 cycle. This means that NYU Law School has an acceptance rate of 15.65%. Joint degree programs like the JD/MBA often have unique admissions criteria. 

How Hard Is It to Get Into NYU JD/MBA Program?

Getting into the NYU JD/MBA program is relatively hard. The low acceptance rate creates competition among high-achieving students. The acceptance rate is low. To have a chance, you need to analyze the individual strength of your profile. Do you have stellar grades and a high GPA? Have you been involved in a variety of extracurricular activities? These elements, and more, can be the details that set you apart from other NYU candidates.

NYU JD/MBA Class Profile

Law School U.S. News Ranking Acceptance Rate Median LSAT Median GPA Bar Passage Rate Median Salary
NYU JD Law Program #9 15.65% 172 3.9 96.58% $315,000

The most recent NYU JD class has a total of 430 full-time day students. About 60% of this number are women with over 100 colleges represented. While 70% have been out of college for one to four years, 10% have been out of college for more than five years. Upon graduation, 64.80% eventually become professionals at Law Firms, 32.64% with government establishments, and 2.33% in the corporate and academic world.

NYU JD/MBA Admission Statistics

The JD/MBA program at NYU University begins at NYU Law School. Here are some admission stats from the most recent incoming class at NYU Law. 

NYU Law School Average GPA: 3.90

The average GPA at NYU School of Law is 3.9. The most recent class profile reported undergraduate GPAs ranging from 3.77 to 3.96. You also need to have SAT and ACT scores beyond the average of 1390-1510 and 31-34.

NYU Law School Average LSAT Score: 172

NYU Law School specifies an LSAT score of 172. The 25th percentile LSAT score was 168, and the 75th percentile was 174. You should aim for your score to be equal to or higher than the median of 712 to increase your chances.

NYU Law School Average GRE score: 332

Although NYU Law does not release average GRE scores, we recommend an average score of around 332. You can choose to write both LSAT and GRE. However, you cannot submit both scores. 

Average Year of Work Experience

Full-time work experience is not a prerequisite to apply into NYU JD/LAW program. However, the admission committee will evaluate all work experience, including internships and part-time work. The average years of work experience for students entering the JD/MBA program ranges around five years. 

What Is NYU JD/MBA Looking For In Applicants? 

NYU's JD/MBA program looks for applicants who combine academic excellence with strong interpersonal skills. At NYU Stern, they value students who embody their core value of IQ+EQ—meaning they have solid intellectual ability, great people skills, and a passion for making a positive impact in business and society. Applicants are evaluated based on their academic background, professional achievements, and how well they align with Stern's values. 

NYU Law, on the other hand, seeks candidates with outstanding academic records, significant professional achievements, and compelling recommendation letters that demonstrate their readiness for graduate study. These criteria ensure that students are well-prepared to excel in both legal and business environments. 

Since your application will be assessed independently by both schools, it's important to understand their distinct expectations.

NYU JD/MBA Program Admission Requirements 

The application requirements specific to the JD/MBA include the following:

NYU JD/MBA Tuition and Financial Aid 

As a JD/MBA student, you will pay the tuition and fees in full at the school through which you are officially registered for each semester. A great benefit for all NYU JD/MBA applicants is that you are automatically in the running for consideration of merit-based scholarships, with no extra material required.

Sometimes, a handful of JD/MBA students will be admitted into the dual degree program early. If this applies to you, you will be considered for scholarships both in the year you are admitted and the year you enrolled at NYU Stern. Financial aid, such as federal loans, private loans, and scholarships, is disbursed by the school where a student is registered in a specific semester. 

You may also be qualified to acquire a Teaching Fellowship or Graduate Assistantship position. Many of them offer tuition remission at the school you are registered with explicitly in a given semester. You can look at the school’s website for more in-depth information on scholarships and financial aid for both the School of Law and the Stern MBA program.

Student Life and Campus Culture (Optional, But Encouraged)

NYU encourages all of its students to become involved in campus life, and if you are a dual degree student, NYU encourages your involvement in campus life at both schools. School of Law and NYU Stern offer several student clubs and organizations, so you can find what you like and what you would like to try.

The following are some of the student groups that the School of Law offers:

Here are some student groups that NYU Stern offers:

Stern offers affinity clubs like the following:

Here are some of the Special Interest Clubs Stern offers:

One association you should consider joining is the JD/MBA Association at NYU. This association welcomes candidates admitted to the JD/MBA program at NYU, one of the nation’s leading law and business joint degree programs.

The association is significant for those considering applying to the dual degree program and students who have interests in law and business.

NYU JD/MBA Application Deadlines 

Applying for colleges can get chaotic, so it’s important that you stay on top of important dates! Here are some deadlines to know about getting into NYU:

Application Step Deadline
Regular Decision applications due February 15
Regular Decision notifications released May 1

How to Improve Your Chances of Getting Into NYU JD/MBA Program

NYU looks at a handful of components of your application. Factors like course difficulty, class rank, GPA, talent, and test scores are crucial and impact your application.

Factors regarded as necessary are the following: essay, extracurricular activities, recommendations, and character.

On the other hand, some factors are considered but are not groundbreaking towards your applications: interview, racial/ethnic status, volunteer and work experience, applicant interest, first-generation, and more.

Factors that are not considered are your religious affiliation and state residence.

Absorbing the information shared so far, here are some tips to make your application stand out against the highly competitive competition.

  • Aim for a GPA average of 3.90, especially when taking challenging courses that are readily available to you.
  • Set a goal for earning a score of 172 on the LSAT and a 332 on the GRE. Ultimately, the higher your scores are, the better your chances are of being accepted into NYU.
  • Acquiring one or two tiers 1-2 extracurriculars demonstrating your spike can separate you from other candidates. Finding your spike shows you have a very developed interest, accompanied by a couple of extracurricular activities. Understanding where your extracurricular activities land on the four tiers of extracurriculars can be helpful for you to know which activities hold more weight than others.
  • Compose compelling essays that are attention-grabbing and unique.
  • Provide letters of recommendations
  • Leverage admission counselors around you. You can seek advice from the institution counselors or from Alumni from the university.

Seeking the help of an experienced admissions consultant can also help you revamp your application and boost your chances of acceptance! Take a look at how working with Inspira Futures helped Mohammad score an acceptance to NYU:

NYU JD/MBA Essay Prompts 

You will submit thread forms of essays during your application. The first is the Short Answer, where you will answer the question, ‘What are your short-term career goals?’ You can discuss your professional aspirations in this short answer. Then, you will write two compulsory essays and one optional essay.

Essay Prompt 1: Change _______ it (350 words)

‘In today’s global business environment, the only constant is change. Using NYU Stern’s brand call to action, we want to know how you view change. Change: _____ it. Fill in the blank with a word of your choice. Why does this word resonate with you? How will you embrace your own personal tagline while at Stern? Examples:

Change: Dare it.

Change: Dream it.

Change: Drive it.

Change: Empower it.

Change: Manifest it.

Change: [Any word of your choice] it.’

Essay Prompt 2: Personal Expression (a.k.a. “Pick Six”) 

Introduce yourself to the Admissions Committee and to your future classmates using six images and corresponding captions. The Pick Six is a way to share more about the qualities you will bring to the Stern community, beyond your professional and academic achievements. Your uploaded PDF should contain all of the following elements:

  • A brief introduction or overview of your "Pick Six" (no more than 3 sentences).
  • Six images that help illustrate your interests, values, motivations, perspective and/or personality.
  • A one-sentence caption for each of the six images that helps explain why they were selected and are significant to you.

Essay 3: Optional (500 words)

‘Please provide any additional information that you would like to bring to the attention of the Admissions Committee and/or give context to your application. This may include important aspects of yourself not otherwise apparent in your application, including but not limited to: hardships you have encountered, current or past gaps in employment, further explanation of your undergraduate record or self-reported academic transcript(s), plans to retake the GMAT, GRE, Executive Assessment, IELTS or TOEFL, or any other relevant information.’

NYU JD/MBA Interview

Applicants to the NYU JD/MBA program may be invited to an interview as part of the admissions process by the NYU Stern School of Business. This interview is a chance for you to demonstrate your qualifications and enthusiasm for the dual degree program.

NYU JD/MBA Career Outlook and Salary

There are many different jobs that you can obtain with a JD/MBA. The following is a list of possible jobs, but this is not an exhaustive list of opportunities:

  • Corporate Lawyer
  • Management Consultant
  • Business Lawyer
  • Federal Bureau of Investigation (FBI) Attorney
  • Member of a law firm
  • White-collar criminal advocates
  • Business law professors
  • Politicians

According to SimplyHired, the average salary for JD/MBA professionals is $61,090 per year. The graph below depicts the salary for those in the bottom 10% to those in the top 10%.

The average salary for those in the bottom 10% is $30,510, and the average for those in the bottom 25% is $42,391. The typical salary for professionals in the top 25% is $88,037, while JD/MBA professionals in the top 10% earn at least $122,321. 

SimplyHired also offers a great tool to compare job salaries with JD/MBA salaries, so the chart above will show how much each salary point will be.

FAQs

Still have questions? Take a look at these frequently asked questions:

1. What Careers Could You Pursue After Graduation?

There is a wide range of careers that you could get into after graduating from the JD/MBA combined program. These include management consultation, law firms, politics, academia, international development, domestic and international business, in-house corporate practice, and many more jobs.

2. ‍If You Take the LSAT and GRE More Than Once, Will the Committee See All Scores or Just the Higher Score?

The Committee makes it a requirement for you to send all valid LSAT or GRE scores and may consider particular circumstances. You can choose to write both LSAT and GRE, but you cannot submit both scores

3. ‍If You Are a Foreign Applicant, Is There a Way to Send Your Transcripts?

Foreign transcripts are required to be sent through the LSAC Credential Assembly Service. There is only one exception to this, which regards foreign work completed through study abroad, consortium, or exchange program sponsored by a US or Canadian institution. The work completed is detailed on the home campus transcript.

4. ‍How Can You Directly Apply for the Joint Degree Program?

Submit the School of Law application (along with two letters of recommendation, resume, personal statement), register for the Credential Assembly Service (CAS) and complete the Law School Admission Test (LSAT), and complete the required online NYU Stern Dual Degree Application in addition with a letter of recommendation.

5. ‍As a Dual Degree Student, Do You Have Access to All Stern Services and Activities?

Once enrolled at Stern, all dual degree students have unlimited access to all Stern services and extracurricular activities.

6. ‍What Are the Benefits of Participating in the JD/MBA Program?

This program is created to offer priceless training and knowledge for careers where a deep understanding of both law and business is crucial. Knowing the law as a business executive can positively impact your ability to evaluate risk or make strategic choices, for instance.

Conclusion

The NYU JD/MBA dual degree program can be completed in only a matter of four years, knocking off an extra year, which is beneficial to NYU’s dedicated students.

Participating in this program will develop a strong understanding of both business and law and recognize how well they go hand-in-hand. This program will also sharpen necessary and valuable skills for career opportunities, like domestic and international business or being a management consultant.

It is fantastic that you are considering NYU’s JD/MBA joint degree program. Good luck!

About Inspira Futures

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