is a dual degree
program offered jointly by many law and business schools in the United States
and by the University of Toronto
. The program generally lasts four years (saving one year over completing both degrees separately) and results in the candidate earning both a Master of Business Administration
degree and a Juris Doctor
degree. Graduating JD/MBA students may choose to practice law, or enter the business world. Even though a majority of JD/MBAs graduate from a single university, there are people who earn these degrees from different universities.
Some prominent law firms give generous signing bonuses (e.g., $20k) to incoming first year associates who hold JD/MBA degrees.