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DISCUSSION FORUM

• Extra cost JD/MBa From: Cece23  Aug 09, 2011 Posts 2

  Hello, I am interested in finding out if anyone knows the approximate extra cost of the JD/MBA program. It states on the website that you will pay 2 semesters of Wharton tuition and the rest will be of the Law school tuition. Does this mean you are paying for the summer term and one additional Wharton term, then two years of Law schol tuition? I am interested in applying for Round 1, already admitted to the law school. I just need to know how much the decision would affect my finances. Thank You Reply

• Re: Extra cost JD/MBa From: victormlee  Aug 09, 2011 Posts 2,555

  In reply to

  Cece23, It would be best to contact either the MBA program office or the law school program office/administration. Based on what you have said, I would anticipate something like the following. You would likely pay roughly two years worth of Law School tuition and one yr of Wharton tuition (two semesters' worth). So, I would compare 1/3 of your law school tuition in the traditional three-year program to the tuition for the first year of Wharton, which will be roughly around $58,250 (see http://www.wharton.upenn.edu/mba/admissions/cost-summary.cfm). -Victor WG '11 Reply

• Re: Extra cost JD/MBa From: JD.MBA  Aug 19, 2011 Posts 2

  In reply to

  Cece23, Hi - my name is Colleen France and I run the JD/MBA program here at Penn.  The tuition for the 3 year program is structured so that you pay Law tuition all three years and a JD/MBA program fee of approximately $27,000 per year for the 3 year program.  I am happy to talk more about the program, either before you arrive on campus or after you start at Penn Law as a 1L.  My email is cfrance@wharton.upenn.edu. Hope to hear from you! Best, Colleen Reply

• Re: Extra cost JD/MBa From: victormlee  Aug 19, 2011 Posts 2,555

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  Thanks for the correction, Colleen. -Victor Reply

• Re: Extra cost JD/MBa From: victormlee  Aug 19, 2011 Posts 2,555

  In reply to

  Cece23, Based on Colleen's insight, it seems that the operational consideration for you is whether or not getting an MBA on top of your JD is worth the additional $81,000 (=3* $27,000) or so. At the 2011-2012 rate, you could expect tuition of at least $58,250 per year. For two years, this would amount to $116,500 (a conservative estimate, given tuition can rise slightly year over year). You would essentially be saving (on tuition and tuition-related fees alone) approximately $35,500 (=$116,500 - $81,000). This does not include other savings (like your time) and other opportunity costs. -Victor Reply

• Re: Extra cost JD/MBa From: victormlee  Aug 19, 2011 Posts 2,555

  In reply to

  Slight correction - the $116,500 estimate might actually be on target or a little bit high, as the $58,250 includes pre-term fees which are not applicable in the second year of the MBA program. You should now have a rough sense, though, of the marginal differences involved. Reply