MBA (Business Law)

(1). About the Course

MBA Business Law is a 2-year postgraduate diploma in management. It is primarily based totally on principles of business legal guidelines related to an organization, firm, or industry. This route additionally highlights training associated with numerous lawsuits. It is relative to different essential subjects like Business Communication, Organizational Behavior, Operations Research, Accounting for Managers, and Quantitative Methods.

MBA Business Law admissions are primarily based totally on merit-primarily based totally or front primarily based totally. Candidates seeking admission must have passed graduation with any stream and qualify for the exam conducted by the respective colleges or universities.

The combination of Law and MBA develops proficiency in both areas. This would take the career to a new dimension. Working with a law firm initially will be a vast role compared to other lawyers. Management roles can be opted in a field such as Investment Banking or in a Business Development role.

The important intention of the MBA in Business Law is to familiarize university college students with the several additives of civil law. It gives numerous appealing governmental and business-associated profession possibilities.MBA Business Law graduates may go as Law Officers, Legal Advisors, Chief Financial Officers, Assistant Managers, and more.

Course Highlights

Tabulated underneath are a number of the foremost highlights of the MBA in Business Law course:

Particulars	Value
Course Name	Master of Business Administration in Business Law
Course Level	Post Graduate
Course Stream	Law
Course Duration	2 Years
Course Mode	Full-time. Online, Part-time, Distance
Eligibility Criteria	Graduation from any stream with a minimum aggregate score of 50%
Examination Type	Semester based
Admission Process	Merit-based/ Entrance exam based
Average Annual Fee	INR 3,00,000-8,00,000
Average Annual Salary	INR 4,00,000-10,00,000
Top Recruiters	Educational Institutes, Sales Tax & Excise Departments, Legal Consultancies

Why study MBA in Business Law?

Studying for an MBA in Business Law in India can offer several advantages. Here are some reasons why pursuing an MBA in Business Law in India may be beneficial:

(1). Comprehensive Business Knowledge

An MBA program provides a broad understanding of various business functions, such as finance, marketing, operations, and human resources. By specializing in Business Law, you gain a deep understanding of legal concepts and their application in the business environment. This combination of business and legal knowledge enhances your ability to make informed decisions and navigate legal complexities in the corporate world.

(2). Business Compliance and Risk Management

Business Law is crucial for understanding regulatory frameworks, compliance requirements, and risk management strategies. An MBA with a focus on Business Law equips you with the necessary skills to identify legal risks, ensure business compliance with laws and regulations, and develop strategies to mitigate legal liabilities. This knowledge is particularly valuable in industries with complex regulatory environments.

(3). Legal Strategy and Contract Negotiation

In today's competitive business landscape, organizations often face complex legal challenges. With an MBA in Business Law, you can develop expertise in legal strategy formulation and contract negotiation. You will learn how to analyze legal issues, negotiate contracts, and structure agreements to protect the interests of your organization while minimizing legal risks.

(4). Corporate Governance and Ethics

Business Law plays a crucial role in corporate governance and ethical practices. Studying Business Law within an MBA program provides insights into corporate governance frameworks, shareholder rights, board responsibilities, and ethical considerations. This knowledge is valuable for aspiring managers and leaders who aim to promote ethical business practices and ensure compliance with legal and ethical standards.

(2). Admission Process

Admission to the 2 years MBA in Business Law software can be achieved on the premise of the candidates' man or woman rankings inside the bachelor's degree. Apart from this, schools additionally have behavior organization dialogue and private interview round. Candidates will carry out properly in all of the rounds to get decided on for admission. Selected applicants will then be referred to the campus for finishing different admission formalities.

Types of MBA in Business Law Courses

One can select the type and mode of MBA in Business Law according to his needs. There are provisional ones for full-time students and working professionals. As the program is rooted to create visionary individuals, colleges have started providing various modes to pursue the course. Let’s look at the different types of MBA in Business Law below:

(1). Distance

The two to three-year online MBA Business Law program is now complete. An MBA in project management distance education is the best choice after receiving a bachelor's degree but lacks the time to attend conventional classes.

(2). Full-Time

It is a full-time two-year program involving classroom teaching and learning and is designed typically for students who can dedicate time to the course. In addition, candidates will be able to acquire business leadership development skills and competencies. Complex theories and practices are unpacked in the classroom for students to better understand and ensure graduate success in a corporate environment.

(3). Part-Time

A part-time MBA in Business Law course requires students to dedicate at least two to three years of study. They can pursue their jobs if any while studying the course. The course makes you suitable to work for small start-ups to big companies as project management skills are critical for both budget and time.

Eligibility Criteria

Candidates seeking admission in MBA Business Law must fall under the following criteria to be eligible for admission to this course.

(ii). Applicants should seem for the entrance tests in their very last year of the bachelor's course so that they can apply to MBA Business Law colleges right after graduation.

(iii).   Applicants must have an aggregate of 50-60% in their bachelor’s degree.

(iv). Applicants ought to acquire legitimate marks on their entrance checks so as to fulfill the college/college cut-off.

Admission Process

MBA in Business Law admission process is divided into four steps:

(ii). Attend the Entrance Exam

(iii). Shortlisting Process

(iv). Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI)

Accepted Entrance Exam

There are some colleges that include scores of the entrance exam while selecting candidates. Candidates can test the admission procedure of the university to realize information concerning the entrance assessments common with the aid of using the university. Some of the main entrance assessments to be had for admission to an MBA in Business Law are as follows:

CAT	MAT	XAT
SNAP	CMAT	TISSNET
IIFT	NMAT	TANCET
IBSAT	ATMA

Skills Required

Business Law calls for a sharp-witted mind, awesome verbal exchange capabilities, and archaic writing capabilities. Understanding the client’s desires is important, and the legal professional need to own a provider mentality. To address transactions and make decisions, numerical ability, analytical skills, learning skills, enterprise awareness, confidentiality, and problem-fixing capabilities are necessities.

A commercial enterprise attorney is an embodiment of the above-noted qualities. Commercial awareness is one of the predominant attributes to be possessed via way of means of commercial enterprise lawyers. Local, countrywide, and global organizations are to be regarded by legal professionals to deal with their effect on a corporation or its clients.

Research skills	Decision-making skills
Analytical thinking skills	Negotiation skills
Communication skills	Numerical ability
Confidentiality	Creativity skills

Fee Structure

The average MBA in Business Law fee is INR 3,00,000-8,00,000. Colleges that are offering MBA in Business Law courses are listed below:

Name of College	Average Fee
Chandigarh University, Chandigarh	INR 1,05,000
Xavier University, Bhubaneswar	INR 1,67,000
Lovely Professional University	INR 1,12,000

Selection Criteria

After clearing the entrance exam students, the selected students need to go through aptitude tests, group discussions, and personal interviews. Once you have cleared all the rounds according to college/university, the students can avail of their admit card.

(3). Course Comparison

MBA in Business Law v/s PGD in Business Law

The table below showcases the differences between MBA in Business Law and PGD in Business Law:

Parameter	MBA in Business Law	PGD in Business Law
Course Name	Master of Business Administration in Business Law	Post Graduate Diploma in Business Law
Course Overview	MBA Business Law is a 2-year postgraduate diploma in management. It is primarily based totally on principles of business legal guidelines related to an organization, firm, or industry. This route additionally highlights training associated with numerous lawsuits.	Postgraduate Diploma in Law is a 1-2 year program that focuses on handling real-world situations. They acquire advanced knowledge. A bachelor's degree from a recognized law school is required to enroll in the "Postgraduate diploma in law" program. top law schools that offer a graduate degree. It was ranked based on things like the average salary package and annual fee.
Course Duration	2 years	1-2 years
Eligibility Criteria	Graduation from any stream with a minimum aggregate score of 50%	Graduation in Law with a minimum of 50% from a recognized university
Course Level	Postgraduate Degree	Postgraduate Diploma
Average Fees	INR 3,00,000-8,00,000	INR 13,500-2,00,000
Top Colleges	IIMA, IIMB, IIMC, etc	Gujarat National Law University, Himalayan University, etc

Read More: PGD in Business Law

(4). Top Colleges

The following are the colleges in India that are offered MBA in Business Law:

Name of College	Average Annual Fee(INR)	Location
IIT	INR 9,00,000	Kharagpur
Mahatma Jyoti Rao Phoole University	INR 92,000	Jaipur
IIT Delhi- Department of Management Studies	INR 10,40,000	Delhi
Indian Institute of Management (IIM)	INR 23,15,000	Bangalore
Symbiosis Institute of Business Management (SIBM)	INR 3,50,000	Pune
Indian Institute of Management (IIM)	INR 23,00,000	Ahmedabad
Praxis Business School	INR 6,00,000	Kolkata
Indian Institute of Management (IIM)	INR 27,00,000	Kolkata
NMIMS University	INR 9,20,000	Mumbai
Vellore Institute of Technology (VIT)	INR 9,96,000	Vellore

City-wise MBA in Business Law College

A list of some prominent cities in India known for offering MBA programs with a specialization in Business Law, it's important to note that specific colleges and programs may vary over time. It is recommended to research and verify the availability of programs in your preferred cities. Here are a few cities known for their business schools and law programs in India:

Name of City	Name of College
Chennai	Great Lakes Institute of Management
	National Law School of India University (NLSIU)
	Loyola Institute of Business Administration (LIBA)
Mumbai	Jamnalal Bajaj Institute of Management Studies (JBIMS)
	NMIMS University
	Symbiosis Law School
Delhi	Faculty of Management Studies (FMS) at the University of Delhi
	Indian Institute of Foreign Trade (IIFT)
	National Law University Delhi (NLUD)
Bangalore	Indian Institute of Management Bangalore (IIMB)
	National Law School of India University (NLSIU)
	Symbiosis Institute of Business Management (SIBM)
Pune	Symbiosis Institute of Business Management (SIBM)
	Symbiosis Law School
	International School of Business and Media (ISB&M)

(5). Job & Placements

MBA Business Law equips students with knowledge of leadership in business and knows the value of felony expertise, or whether or not they may be in the main interest by a profession in regulation but are looking for a stable basis in management. They work as a bridge between the information hole by bringing control and regulation together.MBA Business Law graduates also can choose Ph.D. from overseas and decorate their instructional credibility.

Job Profiles

The job profiles with job descriptions for MBA Business Law are highlighted and described down below:

Job Profiles	Job Description
Law Professor	The responsibilities of an assistant professor in a law institution include instructing and advising students. They teach professional techniques and skills for enhancing student performance.
Attorney General	The Attorney General of India is the prison guide to the Indian government, and they manual the Union Government on all problems approximately the law. They additionally function as the leader felony recommend for the Union Government on the Supreme Court of India.
Business Lawyer	A commercial enterprise legal professional is liable for serving organizations with felony matters. He or she performs a function to make certain each element to the company.
Legal Advisor	Legal Advisors require a significant amount of formal education to Draft prison documents, shape answers for issues, and offer guidance on prison issues.
Company Lawyer	An organization attorney is an expert who works in diverse company offices, coping with the funding, running, and finishing of a business.
Legal Manager	A criminal supervisor affords criminal recommendations for the criminal rights and duties of corporations. They assist in drafting policies and techniques and evaluating and editing regulatory documents.
Business Analyst	Business Analysts are responsible for bridging the gap between IT and the business using data analytics to assess processes.
Corporate Lawyer	A company legal professional guarantees legality subjects which include transactions of the economic establishments. He or she needs to have the expertise of statutory guidelines and rules exceeded by the government.

Top Recruiters

Business law graduates are hired by many legal firms, organizations, and educational institutes. Some lease them for criminal recommendation functions and others for inculcating regulation in younger minds. Among the innumerable recruiters for business law, the top recruiters for MBA Business Law are mentioned below:

Bharucha & Partners	J Sagar Associates	Vahura
Chadha & Co	Luthra & Luthra Law Offices	Khaitan & CO
Advaita Legal	Shardul Amarchand Mangaldas & Co	Clasis Law

Employment Area

Candidates can check some employment areas listed below where they can apply:

(i). International Organizations
(ii). Multinational Companies
(iii). Sales Tax & Excise Departments
(iv). Newspapers
(v). News Channels
(vi). Regulatory Bodies
(vii). Banks
(viii). Colleges & Universities
(ix). Business Houses
(x). Educational Institutes
(xi). Legal Consultancies

Average Salary

The average salary of some job profiles in the MBA Business Law field is as follows:

Job Role	Average Annual Fee(INR)
Lecturer	Rs. 3,00,000
Business Managers	Rs. 8,00,000
Legal Manager	Rs. 5,00,000
Corporate Lawyer	Rs. 8,00,000
Business Process Analyst	Rs. 6,00,000

(6). Career/Scope

Those who are interested in legal aspects of commercial transactions such as Drafting contracts, insurance, finance, financial institution guarantees, and investments can choose this course. Graduates have quite a few task possibilities and employers due to the fact each commercial enterprise wishes for a felony advisor. Individuals are continually equipped to recognize the legal guidelines that are evolving regularly as enterprise and company regulation is something this is ever-changing.

Detail-orientated human beings and those who can lead and manipulate human beings’ expectancies are apt. Post Graduation in commercial enterprise regulation can get college students jobs in litigation, regulation firms, authorities agencies, and banks.

Career options after MBA in Business Law

After completing an MBA in Business Law in India, you can explore a wide range of career opportunities. Here are some potential career paths:

(i). Legal Consultant
(ii). Corporate Lawyer
(iii). Compliance Manager
(iv). Risk Manager
(v). Legal Analyst
(vi). Contract Manager
(vii). Compliance Officer
(viii). Entrepreneurship
(ix). Academia

Scope for Higher Education

After completing an MBA in Business Law in India, if you wish to pursue higher education, there are several options available to further enhance your knowledge and career prospects. Here are a few possibilities:

(i). LLM
(ii). Ph.D. in Business Law

Skills that make you the Best MBA in Business Law Graduate

To be successful in their employment, MBA in Business Law course graduates must possess a variety of complex and soft skills. These are not always abilities that may be found in a classroom. Instead, those are abilities that may handiest be obtained via practice. Students have to make each try and move out of doors in their consolation sector and obtain as a lot revel in as they can. Among these abilities are:

(i). Analytical and Critical Thinking
(ii).Communication and Interpersonal Skills
(iii). Creation of Reports and Dashboards
(iv). Programming Languages
(v). Understanding the Business Objective

(7). FAQs

(1). What is an MBA Business Law program?

Ans. MBA Business Law is a 2-year postgraduate diploma in management. It is primarily based totally on principles of business legal guidelines related to an organization, firm, or industry. This route additionally highlights training associated with numerous lawsuits.

(2). What is the time period of an MBA in Business Law?

Ans. 2 years

(3). What are the fees for MBA in Business Law?

Ans. The average fee structure comes to around INR 3,00,000- 8,00,000 per annum.

(4). What are the eligibility criteria for MBA in Business Law?

Ans. You must have completed a bachelor's degree in any relevant discipline in order to get admission to an MBA in Business Law.

(5). How can I apply for MBA in Business Law?

Ans. You can fill out the application form available on the official website of the selected college in order to get admission to MBA in Business Law program.

(6). What documents are required to apply for an MBA in Business Law?

Ans. Some of the documents that will be required to apply for an MBA in Business Law are a 12th/ 10th mark sheet, bachelor’s degree mark sheet, and graduation certificate

(7). What is the salary after MBA in Business Law?

Ans. You can get a starting salary of INR 3,00,000- 6,50,000 per annum after completing MBA in Business Law. Your average salary will depend on your experience and skills.

(8). What are the top recruiting jobs for an MBA candidate?

Ans. Educational Institutes, Sales Tax & Excise Departments, and Legal Consultancies are some of the jobs available for an MBA aspirant.

(9). How much salary can one expect?

Ans. MBA offers lucrative job opportunities that can bring around INR 4,00,000-10,00,000 in the starting. With better companies and experiences the salary takes a hike.

(10). How to get admitted to a college offering MBA studies?

Ans. Most of the reputed colleges in India offering MBA have a Common Entrance Test called CAT. One has to prepare for this test and go through group discussions and personal interviews to get a seat in a good college.