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Pursuing a Joint MBA Degree

Some students choose to pursue a joint MBA degree -- a degree that allows you earn your master's in business administration as well as a graduate degree in another field, commonly healthcare, law, or medicine. There are both advantages and disadvantages to pursuing a joint MBA degree. According to MBA Map:

Advantages

  • Specialized knowledge: The main reason for pursuing a joint degree should be if the knowledge acquired from the additional degree will be useful in your chosen career. Employers will certainly question why you chose a joint degree and it is important that you can articulate how a joint degree has added to your skill set.
  • Smaller time commitment: Joint degree programs are often a year or more shorter than if you pursued both degrees separately.

Joint Degree Disadvantages

  • Compensation for the additional investment: Even though a joint degree requires extra time and money, don't count on it resulting in an increased starting salary. Many companies will treat you compensation-wise as they do other MBA candidates.
  • Joint applications: A joint degree usually means applying to each program separately. Be prepared to justify to the school how you think a joint degree will be of benefit.

Other disadvantages are that a joint program takes longer to complete than a regular MBA degree program, so students will not graduate with the other members of their class. Furthermore, they will not have as many elective classes to take, so their ability to take classes outside of their specialization will be lower.

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