An mba law degree is a dual master of business administration and law degree program. This is an accelerated degree program and awards both an MBA and a Juris Doctorate (JD) degree upon graduation.
The program provides students with a solid background in both business principles and legal issues. This degree is ideal for those who want pursue a career in business law or as a legal consultant for a company.
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The JD/MBA Program
The program is designed for students who have sufficient background that will make them manage the rigorous and concentrated course of study. It allows students to develop expertise in both law and business management. At the end of the program, students are ready to join careers in which both legal and business principles are essential.
Requirements
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Prior degree in business, law or a related field
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LSAT score
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GMAT score
Applicants are required to do well in both LSAT and GMAT exams to get admission into the program.
Duration
A typical JD/MBA program consists of four years of study. However, the exact duration may vary depending on the enrollment status of the student.
Online JD/MBA Program
These days, apart from campus-based programs, a number of universities offer online programs as well. A couple of benefits associated with these are as follows:
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A convenient option for those with a busy life routine;
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Enable students to avoid costs related to commute to campus; and
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Costs relatively less than traditional campus-based programs
An MBA-Law degree equips students with the skills to negotiate the junction where law and business meet. 
What courses are offered?
Students usually spend the first two years of the program fully enrolled with one year at law school and the other year at business school. In the third and fourth year students enroll in and take courses at both schools.
Students may be required to enroll in a minimum of 10 credit hours in law or business school each semester. It may be compulsory that no less than six of these be law school credits. Students may be also be required to complete a minimum of 20 law school credits every year.
The first year at law school coursework consists of:
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Civil procedure
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Criminal law
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Contracts
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International and comparative law
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Legislation and regulation
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Problem solving workshop
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Property and torts
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First year legal research and writing
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Problem solving workshop
The first year at the business school consists of the following courses:
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Financial reporting and control
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Finance
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Marketing
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Leadership and organizational behavior
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Technology and operations management
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Business government and international economy
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Entrepreneurship
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Corporate accountability
The above mentioned curriculum is typical for many schools. However, it may vary by different amounts between schools. For accurate information, get in touch with your college advisor.
Is this the right choice for you?
Before enrolling into the program, consider if the dual degree is the right match with your career goals. Although it’s not necessary, the program is usually chosen by those pursing a law career and using business skills to advance. It might also be chosen by those looking for legal positions within the business sector.
Career Outlook
The skills and methods taught in business and law prepare professionals in legal advising, business policy, and management. Hence the MBA law degree provides the tools to achieve challenging careers in business and law. These include:
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Legal and business policy analysis
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Business development
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Banking institutes
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Prior degree in business, law or a related field
Other than that, there are a diverse range of career paths students may pursue
Students may choose to become:
These professionals provide legal and business advice to improve an organization’s efficiency.
Median annual pay in 2012: $78,600 (BLS)
Candidates may use the law degree to become an attorney, and the business degree to advance to become a partner.
Median annual pay: $80,263 (salary.com)
Graduates may also pursue occupations of entrepreneurial nature after their MBA/JD degree.