I have heard that many faculty members have advised Latter-day Saint students to get an M. Div. degree before getting a Ph.D. in biblical studies. These students have all had seven semesters of language courses (either Greek or Hebrew) before graduating with a bachelor's degree. Is it worth getting a divinity degree?
Let's assume that you apply for and get into a top divinity school for an M. Div. degree, what does a top divinity school train you for? Being a minister in a non-Latter-day Saint denomination. Many of them appear (at least on paper) to do that very well. They offer all sorts of courses on denominational theology, counseling for pastors, and other things that a minister might need to know about for their particular denomination. Such courses may or may not be of interest to individual Latter-day Saints. Many Master of Divinity programs require prospective students to either be an active, practicing member of the denomination or sign a confession of beliefs in order to be admitted, and some are so completely non-denominational that anyone of any religious tradition may be admitted, which means that some programs would not be appropriate for Latter-day Saints.
What are the top divinity schools? That depends on whom you ask. According to this list, the top ten divinity schools are: