Are You At A Recruiting Disadvantage Because of Summer Classes In The Northwestern JD-MBA Program
Hey all, so I recently received a good question from a prospective Northwestern JD-MBA applicant.
"I know that the Northwestern accelerated program requires you to be in law school for the first summer. Do you feel that puts you at a disadvantage with interning and securing a job post-school?"
So, as an entering first year student, I'll confess that I'm not an expert on all JD-MBA career paths, but I'm happy to give my opinion based on my research and based on talking to dozens of students and alumni of the program.
So my first comment is that JD-MBAs rarely have issues during the recruiting season. Every summer and every year well before graduation, 100% of JD-MBAs are employed at top firms. While this year may prove to be a bit different due to the "odd" economic times, I suspect JD-MBAs at Northwestern will still do quite well.
Here are a couple of statistics from this year's summer.
So my first comment is that JD-MBAs rarely have issues during the recruiting season. Every summer and every year well before graduation, 100% of JD-MBAs are employed at top firms. While this year may prove to be a bit different due to the "odd" economic times, I suspect JD-MBAs at Northwestern will still do quite well.
Here are a couple of statistics from this year's summer.
-19 out of 23 are working at law firms (all best of the best firms)
- Most of those have spots at Cravath, Kirkland, and Skadden
- Most of those have spots at Cravath, Kirkland, and Skadden
- 4 of 23 are working at businesses
- Of those, 2 are doing consulting, 1 is at her family’s company, and 1 is doing investment banking
But don't let the numbers fool you, a pretty large number of people in the program are interested in business. From my conversations, it seems like the breakdown towards law is 1) slightly exaggerated due to the economy and 2) weighted towards law since not doing a legal internship precludes you from getting a law job after graduation, whereas you can always go back to business if you don’t like law during the summer. That said, the stats are not totally far off. 19 of 23 is 82% this year, though I've heard the usual is around 3/4.
- Of those, 2 are doing consulting, 1 is at her family’s company, and 1 is doing investment banking
But don't let the numbers fool you, a pretty large number of people in the program are interested in business. From my conversations, it seems like the breakdown towards law is 1) slightly exaggerated due to the economy and 2) weighted towards law since not doing a legal internship precludes you from getting a law job after graduation, whereas you can always go back to business if you don’t like law during the summer. That said, the stats are not totally far off. 19 of 23 is 82% this year, though I've heard the usual is around 3/4.
Upon graduation, the final split is usually closer to 50/50, and graduates generally go to premier law firms, top three consulting firms (M/B/B), investment banks, VC/PE, and other. The other category is usually pretty interesting and has included companies in media, sports, government (federal and state clerkships), non profits, real estate firms, and hedge funds. With options like these, I think it's fair to say that there is no disadvantage at all to taking classes the first summer. I say enjoy the time in coursework, explore diverse career opportunities that you may not have otherwise thought about, and engage in topics you are interested in, whether it's at the law school or at Kellogg, and whether it pays really well or not.
Labels: Applicant Questions, Careers, JD-MBA Program, Recruiting
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