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    MBA After LLB: Why An MBA After LLB, Top Specialisations, Eligibility, Admission Process

    MBA After LLB: Why An MBA After LLB, Top Specialisations, Eligibility, Admission Process

    Team Careers360Updated on 19 Oct 2024, 08:43 AM IST

    One might think they only have the option of pursuing an LLM after an LLB. However, an MBA after an LLB, in fields like Business Law not only widens the carer opportunities but at the same time increases the chances of earning a more handsome salary in national or multinational organizations. Therefore, who have completed their Bachelor's degree in Law, and thinking about switching careers, an MBA might be a very good option. MBA after LLB provides the student an opportunity to move beyond the post of associate and move upwards in the career ladder. An MBA after an LLB thus opens up new avenues for a career in the leadership positions of national or multinational organizations which can not be achieved only by LLB.

    This Story also Contains

    1. MBA after LLB: Overview
    2. Top 5 Reasons to do an MBA after LLB
    3. MBA after LLB: Important Specialisation in MBA
    4. MBA after LLB: Career Options
    5. MBA after LLB: Top MBA Colleges
    MBA After LLB: Why An MBA After LLB, Top Specialisations, Eligibility, Admission Process
    MBA After LLB Why an MBA after LLB

    MBA after LLB: Overview

    Degree Type

    Post Graduate

    Course Duration

    2 Years

    Semester

    4

    Entrance Exam

    CAT, MAT, GMAT, CMAT, XAT, NMAT

    Eligibility Criteria

    Bachelor’s degree

    Course Fee

    10-30 Lakh

    Top 5 Reasons to do an MBA after LLB

    1. Doing an MBA after an LLB opens up a diverse career option, not only in the leadership position in the MNCs but at the same time, if someone is interested in the law field itself, they can contribute in that field in the organization as well.

    2. Doing an MBA after an LLB provides one an in-depth knowledge about both domains which makes the student a more versatile individual in the MNCs, capable of handling difficult legal problems as well as problems regarding business challenges.

    3. Pursuing MBA after LLB provides an opportunity to look into start-up ventures regarding Law fields as one can be benefited from the acumen in the law and business fields.

    4. An MBA after an LLB prepares one for executive positions roles in organizations which would earn them designations like General Counsel or Chief Legal Officer, in corporations.

    5. Last but not least, an MBA after an LLB provides students with the opportunity to earn more salary than the other students who have done only LLB in their career.

    MBA after LLB: Important Specialisation in MBA

    There are specific subjects or course specializations, which students might opt for during their MBA course after LLB.

    • MBA in Finance: One interested in the MBA in Finance after completing their degree in LLB, would be an important asset for the future organization. Their ability to analyze the financial aspects and prevent any fraud or disturbances in the financial sector would make them a valued prospect for the organizations.

    • MBA in Human Resources: The combined expert knowledge of human resources as well as law, would make any student an important candidate in the MNCs. Students who already had gained knowledge about the labor laws and regulations of the country, and more in-depth in human relations, and performance management would ensure that their candidature is preferred in the future job market.

    • MBA in Business Law: An MBA in Business Law after LLB would help one to get into the practical involvement of Business Law practices that they might have learned about in their law degree courses. Students would benefit from dealing with intellectual property-related problems or questions regarding technical commercial agreements or acquisitions, in the future job market, after this course.

    • MBA in International Business: An MBA in International Business after LLB would earn a higher salary than several other MBAs as in the era of globalization more and more International organizations are opening up to integrate Indian candidates. MBA in IB can enable you to join the international market department, international placement offices, import and export departments, global shipping companies, global tourism sector, and international consultancy firms.

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    MBA after LLB: Career Options

    After completing an MBA after LLB students open up different career options themselves. Having a dual degree in both MBA and LLB can earn one the position of -

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    If anyone chooses to study further they can also opt for LLM or Ph.D. Even if they wish to they can go back to the judicial service-relatedservice-related fields as well.

    MBA after LLB: Admission Process

    To pursue an MBA after LLB students need to appear at several entrance examinations.

    • It can be national tests or it can be the state-wise tests as well for either IIMs or several other B-Schools, including the IITs.

    • There are several important entrance examinations for MBAs like CAT, XAT, SNAP, MAT, CMAT, ATMA, etc.

    • Students can get through to different institutions by clearing these exams.

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    MBA after LLB: Eligibility Criteria

    To appear for the MBA Entrance examination one must need to -

    • have a bachelor's degree from a recognized university with a minimum of 50% of marks. However, there is a 5% relaxation for the reserved category students.

    • There can be some specific requirements for the specific university as well.

    MBA after LLB: Top MBA Colleges

    Here is a list of some top MBA colleges that students can look forward to for their MBA after LLB.

    College Name

    Rank (NIRF 2024)

    Fees

    IIM Ahmedabad

    1

    20-26.50 Lakh

    IIM Bangalore

    2

    26 Lakh

    IIM Kozhikode

    3

    10 Lakh

    IIT Delhi

    4

    12.10 Lakh

    IIM Calcutta

    5

    21.92 Lakh

    IIM Mumbai

    6

    14-15 Lakh

    IIM Lucknow

    7

    9 Lakh

    IIM Indore

    8

    20-23 Lakh

    XLRI-Xavier School of Management

    9

    14-30 Lakh

    IIT Bombay

    10

    14.02 Lakh

    Also See: MBA NIRF Ranking 2024

    MBA after LLB: Top Job Roles and Expected Salary

    Doing an MBA after an LLB can hand one in diverse roles in corporates like Corporate Lawyer, Legal Advisor, Financial analyst, Risk assessment Manager, Legal Consultant, and Compliance Officer, based on their specialization and experiences. Here is the list of the top job roles and the salary, one can expect after the completion of their MBA after B.Com.

    Career

    Average Salary

    Corporate Lawyer

    INR 9.3 LPA

    Legal Consultant

    INR 7.5 LPA

    Compliance Officer

    INR 7.4 LPA

    Intellectual Property Manager

    INR 17 LPA

    Contract Manager

    INR 17.3 LPA

    Legal Analyst

    INR 5.1 LPA

    Risk Manager

    INR 12 LPA

    Human Resources Manager

    INR 10.9 LPA

    Compliance Analyst

    INR 6.5 LPA

    Entrepreneur

    INR 17.5 LPA



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