WANT THE BEST TOOL I USED TO IMPROVE MY LIFE DOUBLE MY SALARY? (Only for those who are ready to change) WATCH HERE: ua-cam.com/video/xsGGQzo7qL4/v-deo.html Let's connect: ryan@summitssolutions.com
Hi Ryan, I double majored in Economics and Finance back in 2017 and have been working in Paralegal positions in Personal Injury and Immigration ever since (I couldn’t find entry level opportunities in business here in Louisiana), and I’m 100% bilingual in English and Spanish. Do you have any advice for someone like me who would still love to do something in Finance like analytics but missed out on relevant experience for the past 5 years? Would an MBA help me get back on track? Is it reasonable to expect finding an entry level position with what I currently have? I’ve been considering Law School vs an MBA because being a paralegal for this long, it feels like Law School would be a logical next step, but my interests really align more with finance and economics, yet it feels like I missed my chance now and I worry about your anecdotes regarding your friends that couldn’t find a job following the MBA, I would hate to go through a disappointment like that again 😅
Comparing Harvard MBAs vs. Harvard JDs, twice as many JDs become F500 CEOs than MBAs, in proportion to the sizes of the classes. And a CEO is a job you expect an MBA to go to.
I've been so focused on my future plans, I didn't stop to consider the natural skills I already have. I'm wanting a career that includes social impact, business consulting, international development, and like a pinch of politics. Seems like both Law and MBA could work for what I want to do, so maybe I should instead focus on what I'm good at. Gonna need to figure that out now. This was great. Thank you!
Thank you for this! It was extremely helpful as I have been debating between law school and business school. I currently work for a top investment firm and given the way my career has been progressing I am leaning toward business school. Thanks for all the insight!
I appreciate your video! I work full-time and have been debating on going back to school to get my MBA… but also considering getting a JD. Keep up the great work!
Thank you, Ryan, though I'm not in the US this is good advice overall. First, I was considering law school since I am an Internal Audit Manager, looking to break into an executive role. But now, I might consider an MBA since it's a shorter route and this plays to my strength. I might take up law school later since I want to become a general counsel of a corporation and do lawyering on the side as well.
Very interesting video. I was thinking of a T14 law school, as I've been getting 177+ on my lsat preps consistently. I do really want to like what I do, and and I have 5 years background in business operations which I really love. I think I'll strongly consider getting into one of those JD/MBA dual degree programs. I'd be interesting to hear more of your perspective. I'd imagine a lot of those average salaries you mention vary widely with the school you get into and the city you find a job in. LSAT this Saturday
@@Mrxplosiongaming LSAT went well, I got a 174. I still feel like it could have gone better as I got 2 180s on prep tests the week prior. Doesn't count if it's not on test day though, lol. Consulting with others, including a major firm partner in Canada I was put in touch with, I chose against a dual degree. My 5+ years experience in business they viewed as more valuable than an MBA and suggested I specialize. I've been accepted into a couple top tier Canadian schools. I've applied in the US as well but am waiting on a response.
60-80k for a new MBA grad? Are you kidding me? The average starting salary for a top 25 MBA program starts at 120k. A lot of the people going in are already at the 60-80k salary range.
Thank you for this video, much appreciated as I am currently debating Law School v. MBA myself. Last year I received my Bachelor's in Political Science and throughout college I positioned myself for a career in law (activities, classes, work experience, etc), so I am worried that I might be at a disadvantage as compared to someone who pursued business or a related field in undergrad. Is that actually the case, would future employers even consider my resume? Is it too late to reposition myself for a business career? Thank you again for this informative video, you brought up some great points!
Hi Eleni, Sure thing. Funny enough. It's never too late. You can always reposition yourself. If you go into Law, law school is obviously essential. For business, you can learn alot if you are determined and you can find the information through books and online. The advantage of an MBA is definitely the network (plus more). I would really do some soul searching on where you want to be in 10 years and which feels better.
Oh yeah, those are really good, its a lot of work on that education. There was only 1 person who said they loved their job (as a JD), and it was someone with a JD-MBA, they can be beneficial, but you'll want to partner with a larger corporation.
I just found your channel Ryan, and I am really happy I did. I recently decided to go towards an MBA and a Masters in Public Policy as opposed to a law degree. I am going to a mid level state school in my city, this is because I am joining the national guard and they pay for all of my schooling, but only in public schools, and this is the only school that is halfway decent in the Chicagoland area. I don't know if you'll see this, but what do you think about getting your MBA at a midlevel school? the MBA is ranked around 66 for part time, and the national ranking is not ranked for some sites, and for others its ranked around the 90's. The only big advantage I think the school has is that its centrally located in Chicago, and I am a native Chicagoan looking to stay in the city long term, so I hope the school hits above its weight for the area.
Hi Shepard, appreciate that. I would definitely do research on previous people who have graduated from the MBA program. What prospects do they have, where are they going, etc. Maybe reach out to a few of them over Linkedin and see what they're experience was. That's awesome that you are going into the national guard! Congrats!
Hey guys, just to let you know you should go to the top law schools, known as the top 14. The t14 schools all set you to makw 220k out of school. Most other law schools set you to make much less. Big law firms all hire from the most prestigious firms
Thanks for the video. In your video you mention that a fresh MBA grad can make about 70 -80K. I was wondering why do many b-schools (MBA) post salaries in the 110 - 130K range (base) for fresh graduates? How does that happen?
@@RyanCrandall So the report that schools put out are just average salaries....and you would say are not totally accurate? Is the starting range for the healthcare sector...also in the 70-80K to start off with....in consulting, med tech, or in general for the entire life - sciences area?
@@sammathews6634 A fresh MBA should be making 120k+ if it’s from a T25 school. I disagree with the 60-80k number he’s giving us. I’m a current MBA student at Georgetown and some of the people coming INTO the program are already making 175k. The numbers posted on the site are accurate.
I’m an English major who is currently working for the state. I do a lot of purchasing and keep track of spending for my unit and work with the accounting unit, but also love paperwork and checking on legal statuses. I want to go back to get my master’s but I’m not sure where I want to go. In college, I really wanted to go into marketing, but I’m wondering if my love for organization/reading and prepping paperwork would lend more to law?
Hi :) what kind of job you would suggest a person who is lawyer (master degree) with 2 yeras of experience at law (corporate) office and 2 yeras as credit controller and have MBA . Speaks English and Polish? I am considering business consulting...
I would look into any major business’ website in your area that you know of and look into their job offerings using “legal” as a key word search. You could also look up corporate law on places like indeed, but you’ll likely be facing more competition for it being a common website, granted you have a lot of strengths to stand out above the rest so might as well give it a try! You could also look into new ventures for easy access and for the sake of trying to build up experience, but they likely won’t pay well and will probably lack any proper training
@@lightscameras4166 No. if you go just outside the T14 you’ll likely get most or all your tuition covered if you’re in the 170s. You’ll still have a good career trajectory if you’re near the top of your class.
Please stop putting this misinformation out there. First of all, large prestigious law firms pay 190K-220K, depending, not 120K. Second, at most law school those law firms will only interview students in the top 10 percent of their class, and certain firms will only hire those in the top 5 percent. At most law schools, 90 percent of the students will never even get an interview for summer work with such a law firm, in their entire lives. Factually speaking, a lot of them will end up unemployed, hustling for "temporary document review projects" that pay licensed attorneys as little as 19 per hour. Some pay 23 per hour. So yeah, definitely spend another 3Y of your life in higher education getting a Juris Doctorate after college, and borrow 150-$200,000 in student loans to do it. After all, your ROI (Return on Investment) could be as high as $23.00 per hour, pre-tax! Definitely a wise investment.
I appreciate your video! I work full-time and have been debating on going back to school to get my MBA… but also considering getting a JD. Keep up the great work!
Law students apply to literally hundreds of jobs and get hundreds of rejections. You should probably just keep your day job, and not waste a lot of time and money on another degree.
WANT THE BEST TOOL I USED TO IMPROVE MY LIFE DOUBLE MY SALARY? (Only for those who are ready to change)
WATCH HERE:
ua-cam.com/video/xsGGQzo7qL4/v-deo.html
Let's connect: ryan@summitssolutions.com
Hi Ryan, I double majored in Economics and Finance back in 2017 and have been working in Paralegal positions in Personal Injury and Immigration ever since (I couldn’t find entry level opportunities in business here in Louisiana), and I’m 100% bilingual in English and Spanish. Do you have any advice for someone like me who would still love to do something in Finance like analytics but missed out on relevant experience for the past 5 years? Would an MBA help me get back on track? Is it reasonable to expect finding an entry level position with what I currently have?
I’ve been considering Law School vs an MBA because being a paralegal for this long, it feels like Law School would be a logical next step, but my interests really align more with finance and economics, yet it feels like I missed my chance now and I worry about your anecdotes regarding your friends that couldn’t find a job following the MBA, I would hate to go through a disappointment like that again 😅
Comparing Harvard MBAs vs. Harvard JDs, twice as many JDs become F500 CEOs than MBAs, in proportion to the sizes of the classes. And a CEO is a job you expect an MBA to go to.
I've been so focused on my future plans, I didn't stop to consider the natural skills I already have.
I'm wanting a career that includes social impact, business consulting, international development, and like a pinch of politics.
Seems like both Law and MBA could work for what I want to do, so maybe I should instead focus on what I'm good at. Gonna need to figure that out now.
This was great. Thank you!
Really appreciate the positive feedback, always feel free to reach out if you need anything :)
Thank you for this! It was extremely helpful as I have been debating between law school and business school. I currently work for a top investment firm and given the way my career has been progressing I am leaning toward business school. Thanks for all the insight!
I appreciate your video! I work full-time and have been debating on going back to school to get my MBA… but also considering getting a JD. Keep up the great work!
Thank you, Ryan, though I'm not in the US this is good advice overall. First, I was considering law school since I am an Internal Audit Manager, looking to break into an executive role. But now, I might consider an MBA since it's a shorter route and this plays to my strength. I might take up law school later since I want to become a general counsel of a corporation and do lawyering on the side as well.
Very interesting video. I was thinking of a T14 law school, as I've been getting 177+ on my lsat preps consistently. I do really want to like what I do, and and I have 5 years background in business operations which I really love. I think I'll strongly consider getting into one of those JD/MBA dual degree programs. I'd be interesting to hear more of your perspective. I'd imagine a lot of those average salaries you mention vary widely with the school you get into and the city you find a job in. LSAT this Saturday
How did it go?! What did you choose? I need a follow up lol
@@Mrxplosiongaming LSAT went well, I got a 174. I still feel like it could have gone better as I got 2 180s on prep tests the week prior. Doesn't count if it's not on test day though, lol.
Consulting with others, including a major firm partner in Canada I was put in touch with, I chose against a dual degree. My 5+ years experience in business they viewed as more valuable than an MBA and suggested I specialize. I've been accepted into a couple top tier Canadian schools. I've applied in the US as well but am waiting on a response.
@@stephenfulford6227 amazing🥺
doing a jd / mba starting this fall, i’m excited!
Hello, how did it go? I’m considering going this path.
60-80k for a new MBA grad? Are you kidding me? The average starting salary for a top 25 MBA program starts at 120k. A lot of the people going in are already at the 60-80k salary range.
That's really help man 👍🏻👍🏻
Thank you for this video, much appreciated as I am currently debating Law School v. MBA myself. Last year I received my Bachelor's in Political Science and throughout college I positioned myself for a career in law (activities, classes, work experience, etc), so I am worried that I might be at a disadvantage as compared to someone who pursued business or a related field in undergrad. Is that actually the case, would future employers even consider my resume? Is it too late to reposition myself for a business career? Thank you again for this informative video, you brought up some great points!
Hi Eleni, Sure thing. Funny enough. It's never too late. You can always reposition yourself. If you go into Law, law school is obviously essential. For business, you can learn alot if you are determined and you can find the information through books and online. The advantage of an MBA is definitely the network (plus more). I would really do some soul searching on where you want to be in 10 years and which feels better.
If you want, feel free to reach out to me at ryan@summitssolutions.com
Meh, firms are very picky on hiring laterals- the small town strategy isn't likely to make up for the unranked/4th tier JD. Don't bother.
I’m just new here. Thank you for this video. I do have a question, what do you think about someone considering a JD-MBA Dual Degree??
Oh yeah, those are really good, its a lot of work on that education. There was only 1 person who said they loved their job (as a JD), and it was someone with a JD-MBA, they can be beneficial, but you'll want to partner with a larger corporation.
@@RyanCrandall okay okay. Thank you so much 😊.
I just found your channel Ryan, and I am really happy I did. I recently decided to go towards an MBA and a Masters in Public Policy as opposed to a law degree. I am going to a mid level state school in my city, this is because I am joining the national guard and they pay for all of my schooling, but only in public schools, and this is the only school that is halfway decent in the Chicagoland area.
I don't know if you'll see this, but what do you think about getting your MBA at a midlevel school? the MBA is ranked around 66 for part time, and the national ranking is not ranked for some sites, and for others its ranked around the 90's.
The only big advantage I think the school has is that its centrally located in Chicago, and I am a native Chicagoan looking to stay in the city long term, so I hope the school hits above its weight for the area.
Hi Shepard, appreciate that. I would definitely do research on previous people who have graduated from the MBA program. What prospects do they have, where are they going, etc. Maybe reach out to a few of them over Linkedin and see what they're experience was. That's awesome that you are going into the national guard! Congrats!
Hey guys, just to let you know you should go to the top law schools, known as the top 14.
The t14 schools all set you to makw 220k out of school. Most other law schools set you to make much less. Big law firms all hire from the most prestigious firms
Thanks for the video. In your video you mention that a fresh MBA grad can make about 70 -80K. I was wondering why do many b-schools (MBA) post salaries in the 110 - 130K range (base) for fresh graduates? How does that happen?
It depends on what area they are doing. Some, who are in finance or tech, can make that amount. But I would say the average is 70-80K
@@RyanCrandall So the report that schools put out are just average salaries....and you would say are not totally accurate? Is the starting range for the healthcare sector...also in the 70-80K to start off with....in consulting, med tech, or in general for the entire life - sciences area?
@@sammathews6634 A fresh MBA should be making 120k+ if it’s from a T25 school. I disagree with the 60-80k number he’s giving us. I’m a current MBA student at Georgetown and some of the people coming INTO the program are already making 175k. The numbers posted on the site are accurate.
@@jameelyusuf06yusuf27 Thnks for your take on this....which site are you referring to?
@@sammathews6634 The median salary or employment report posted by any reputable mba program
Oh lord, i can' t wait to watch this haha!
Informative video, thanks.
I’m an English major who is currently working for the state. I do a lot of purchasing and keep track of spending for my unit and work with the accounting unit, but also love paperwork and checking on legal statuses. I want to go back to get my master’s but I’m not sure where I want to go. In college, I really wanted to go into marketing, but I’m wondering if my love for organization/reading and prepping paperwork would lend more to law?
How many options have people with online JD programs?
Do both!
Hi :) what kind of job you would suggest a person who is lawyer (master degree) with 2 yeras of experience at law (corporate) office and 2 yeras as credit controller and have MBA . Speaks English and Polish? I am considering business consulting...
I would look into any major business’ website in your area that you know of and look into their job offerings using “legal” as a key word search. You could also look up corporate law on places like indeed, but you’ll likely be facing more competition for it being a common website, granted you have a lot of strengths to stand out above the rest so might as well give it a try! You could also look into new ventures for easy access and for the sake of trying to build up experience, but they likely won’t pay well and will probably lack any proper training
You dont have to be a lawyer if you have a JD
Law=practicing law
MBA= lots of debt, but relatively more flexible.
There is more debt in law school comapred to B school
True, but an MBA is still a pricey investment.
@@lightscameras4166 Not if you do well on your LSATs and don’t choose a T14.
@@jkholtgreve You mean choose a T14? Then that makes sense, because a high LSAT and T14 education means that the debt can be paid off
@@lightscameras4166 No. if you go just outside the T14 you’ll likely get most or all your tuition covered if you’re in the 170s. You’ll still have a good career trajectory if you’re near the top of your class.
Salaries are wayyyyy off
Law
Hi
Lawyers fresh out of law school are making 120k now if you’re willing to work the hours
Is that for the average Law School graduate? Or Ivy League?
Please stop putting this misinformation out there. First of all, large prestigious law firms pay 190K-220K, depending, not 120K. Second, at most law school those law firms will only interview students in the top 10 percent of their class, and certain firms will only hire those in the top 5 percent. At most law schools, 90 percent of the students will never even get an interview for summer work with such a law firm, in their entire lives. Factually speaking, a lot of them will end up unemployed, hustling for "temporary document review projects" that pay licensed attorneys as little as 19 per hour. Some pay 23 per hour. So yeah, definitely spend another 3Y of your life in higher education getting a Juris Doctorate after college, and borrow 150-$200,000 in student loans to do it. After all, your ROI (Return on Investment) could be as high as $23.00 per hour, pre-tax! Definitely a wise investment.
I appreciate your video! I work full-time and have been debating on going back to school to get my MBA… but also considering getting a JD. Keep up the great work!
Law students apply to literally hundreds of jobs and get hundreds of rejections. You should probably just keep your day job, and not waste a lot of time and money on another degree.
Thank you for the insights