Requirements for the J.D./M.B.A.
The requirements for the J.D. degree as stated in the law school bulletin will not change, except that students in the joint degree program may receive six hours of law school credit for the following business school classes: ACC 6501 - Accounting Issues in Business Decisions and MGT 6572 - Policy Formulation and Administration . [These courses will be cross-referenced in the law school catalogue, and law school students will pay the law school tuition rate for them.] A student must earn a C or better in these courses in order to receive law school credit, and law school credit will not be finally given unless and until the student completes the joint degree program.
The requirements for the M.B.A. degree as stated in this bulletin will be followed except that nine of the 30 hours of course work required for the M.B.A. degree may be satisfied by law school course work, This assumes that all pre-requisites to the M.B.A. program: ACC 203 (3 sem hrs.); FIN 341 (3 sem. hrs.); and MKT 381 (3 sem. hrs) have been completed. GBU 6552 - Law and Ethics in the Business Environment class will be satisfied by completion of the following law school classes: LAW 506/507 Contracts I and II, LAW 573 Property, and LAW 747 Ethics & Professionalism. A grade of C or better must be earned in LAW 747 Professional Responsibility and Ethics. The two electives (three hours each) in the M.B.A. curriculum will be satisfied by completing six hours or any of the following law school classes again with a C or better: LAW 616 Agency, LAW 720 Antitrust, LAW 656 Banking, LAW 619 Business Associations I, LAW 620 Business Associations II, LAW 714 Business Planning, LAW 630 Commercial Paper, LAW 637 Corporate and Partnership Taxation, LAW 753 Debtor-Creditor Law, LAW 646 Employment Law, LAW 702 Estate and Gift Taxation, LAW 638 Federal Taxation Law, LAW 654 Insurance, LAW 706 International Business Transactions, LAW 645 Labor Law, LAW 642 Pension and Employee Benefit Law, LAW 781 Real Estate Finance and Development, LAW 782 Real Estate Transactions, LAW 508 Sales and Leasing, LAW 621 Secured Transactions, and LAW 710 Securities Regulation.
In sum, a student who has completed the M.B.A. prerequisites could complete the requirements for joint degree in three and one-half years of full-time study. With nine hours of M.B.A. degree credit given for law school classes and six hours of law school credit given for M.B.A. courses, the joint degree requires 15 hours of course work beyond the 90 hours required for the J.D. The student must hold a combined 3.0 G.P.A. on graduate business and law school courses used on the M.B.A. in order to graduate with the master's degree.
Sequencing of J.D. and M.B.A. Course Work
Students pursuing the joint degree will be free to sequence the law and business classes in almost any way they choose, except that students may not take M.B.A. classes during the first year of law school. The law school and business school each will assign one faculty member to serve as advisor to the students in the joint degree program regarding course sequencing. As a general matter, a student could take both law and business classes in the same semester or take all course work during a given semester in on program or the other. The flexibility in sequencing will permit students to enter the joint degree program at any time in the M.B.A. program after the first year of law school.
As currently required for the J.D. degree, students must complete the courses necessary for the law degree within five years. As long as a student is enrolled in at least twelve hours of course work no matter what the combination of law and business school classes, he or she will be considered a full time student for purposes of financial aid. The J.D. degree requires five semesters in residence (four for transfer students) at the law school. Residency credit for the purposes of the J.D. degree will be awarded proportionately for semesters in which a student takes both J.D. and M.B.A. courses.
Students must be separately admitted to both programs. Students will be required to take the LSAT (Law School Admission Test) as a condition to admission to the law school program, and may be required to take the GMAT (Graduate Management Admission Test) as a condition of admission to the M.B.A. program. The School of Business may accept the LSAT in lieu of the GMAT when the LSAT scores satisfies the standard for admission to the School of Business.
Completing the Prerequisites to the MBA Program
In order to qualify for admission to the M.B.A. program, the student must have completed the M.B.A. prerequisites. Students may satisfy the marketing prerequisites through the College Level Examination Program (CLEP).
Dismissal from Joint Degree Programs
If a student who is enrolled in a joint degree program such as the J.D./M.B.A. is dismissed from one of the degree programs, then they are automatically dismissed from the other degree program as well. The student may wish to appeal for readmission to either or both of the programs. If a student wishes to register an appeal, they should contact the Graduate Office immediately for a specific form to be used for that purpose.
Approval by Accreditation Agencies
This joint degree program does not require approval by the accreditation agencies of either the law school or the business school. The law school has informed the office of the consultant on legal education of the American Bar Association of these plans and has been informed that no action is necessary in this regard.