The Best Drexel LeBow Dual MBA Options
Earning an MBA can be a surefire way to excel in a chosen career. For aspiring industry leaders with a specific field in mind, earning concurrent degrees will provide the edge of having both general business acumen and industry-specific knowledge and experience. To help out, we’ve outlined Drexel University LeBow College of Business’s most exciting Dual MBA programs for competitive b-schoolers looking to get a leg-up in their field.
The Best Drexel LeBow Dual MBA Options
JD/MBA
LeBow partners with the Kline School of Law to provide the opportunity to earn a law degree as well as a masters in business administration in three to four years, depending on specific course load per semester. Students in this program are a part of the full-time MBA program. This is a rigorous program for motivated students. In order to be considered for this track, students must finish their first year of law school with no less than a 2.5 GPA, and receive an endorsement from the law school. The first year is spent as a full-time law student, after which students spend one year away from the law school, pursuing an MBA full-time. Students can make this year-long switch at the end of either their first or second year of law school.
There are a multitude of benefits to having both a law degree and an MBA, which may be valuable to both lawyers and executives. A thorough understanding of business and finance may provide attorneys with the edge they need to advance at their respective firms and relate better to clients. While knowledge of the law will help executives navigate the business world more smoothly. Drexel boasts that this program endows students with the skills to pursue influential roles as, “business executives, investors, transactional attorneys or litigators.”
MD/MBA
An understanding of business administration is an invaluable asset for a doctor managing or attempting to start a medical practice. Drexel LeBow offers an MD/MBA for those with lofty aspirations in both business and healthcare. In this program, students can earn both degrees in five years. Those on this track complete the standard College of Medicine Medical Degree curriculum, as well as the 45 credits required in LeBow’s full-time MBA program.
According to a recent piece from The Atlantic, the main issues currently facing healthcare professionals are business-related. The article also discusses the great extent to which having an MD/MBA “’fast-tracks’ graduates up the career ladder.” Those who obtain both degrees may have far better chances of becoming hospital administrators down the line, a career with an average annual salary is $237,000 (nearly 33 perent higher than the salary of a clinical doctor). Studies have also indicated that hospitals whose CEOs are doctors may perform better than those whose CEOs are versed solely in business.
MS TV Management/MBA
Drexel’s Westphal College of Media Arts & Design and LeBow offer a dual degree in TV Management and Business Administration. Management and marketing skills are an integral part of a career in media, so this concurrent degree option may be highly desirable to students oriented toward convergent media and show business. Overall, the MS/MBA requires 79 credits.
The program allows students to learn about the television and media industries while gaining the indispensable business knowledge that will help them navigate the field’s fast-changing business sphere.This option may be ideal for students looking for an executive or higher level position at a production company or television network.
