MBA Business Law is a 2-year postgraduate degree divided into 4 semesters. The purpose of the course is to provide both legal knowledge and business management education. It covers subjects such as Financial Accounting, Banking & Insurance Laws and Practices, Labour Laws, Company Law and Practice, Law of Contracts, and many more. The purpose of this program is to guide the students with the skills required to handle legal issues in corporate and business environments.
The basic eligibility to pursue an MBA business law is a bachelor's degree in any discipline from a recognised university with a minimum of 50 - 60% marks. Students should also appear for the different entrance exams like CAT, MAT, CMAT, and NMAT, based on the requirements of the institution. The average course fee for an MBA Business Law in India is between INR 1,03,000 - 1,62,800 based on the institute (government or private). Some of the institutions offering this course include the National Law School of India University, Gujarat National Law University, and SVKM's NMIMS (Deemed to be University).
Graduates of an MBA Business Law can find career opportunities in posts like Legal Counsel, Legal Associate, Tax Lawyer, Regulatory Compliance Specialist, and Regulatory Compliance Analyst. Some of the companies that hire graduates are Reliance Retail, Tata Consultancy Services (TCS), and many more. The starting salary begins between INR 2 - 11 LPA, with senior roles offering packages up to INR 11 - 13 LPA, and can also increase with experience and knowledge gained.
- MBA Business Law Key Highlights
- What is an MBA in Business Law?
- Why Study MBA Business Law?
- MBA Business Law Eligibility Criteria
- MBA Business Law Entrance Exams
- MBA Business Law Colleges in India
- MBA Business Law Admission Process
- MBA Business Law Syllabus
- MBA Business Law Job Opportunities in India
- MBA Business Law Vs LLM
- MBA Business Law FAQs
MBA Business Law Key Highlights
Below are the key highlights of the MBA Business Law course:
What is an MBA in Business Law?
An MBA in Business Law is a management course that teaches students about business and legal rules that companies should follow. It covers some of the subjects related to corporate law, contract, business ethics, and financial regulations. This course helps students understand how the law affects everyday business decisions. It is not a law degree like LLB, but it is a professional course with legal knowledge. Students also learn topics related to leadership, strategy, and communication skills.
This program is best for those who want to work in legal departments, counselling firms, or companies, or handle business policies. It opens career options such as compliance officer, legal advisor, or contract manager. Graduates can work in banks, insurance firms, technical companies, or global businesses. The course helps in the development of a solid foundation in both law and business. It is a smart option for students interested in business with a legal edge.
Why Study MBA Business Law?
An MBA in Business Law is a course that teaches students both business and legal knowledge. It is a good choice for students who want to work in companies handling legal work and policies. This course opens up many job opportunities in corporate law, compliance, and management. Some of the reasons why study Master of Business Administration Business Law are as follows:
- High-demand corporates: Companies rapidly require professionals who understand compliance, contract, and legal framework around governance, making this degree highly valuable.
- Career in compliance and risk management: It opens the doors for roles of positions in legal advisor, compliance officer, or contract manager in banks, MNCs and consulting firms.
- Benefits in policy and regulatory roles: With knowledge of business-related laws, graduates can work in government policy, regulatory bodies and corporate legal departments.
- Opportunity in legal consulting: Students can join the top consulting firms offering advisory services in mergers and acquisitions, corporate law, and intellectual property management, and many more.
- Ideal for non-law graduates interested in law: Without an LLB, students can still build a strong career in legal-business functions without practising law in court.
- Strong earning capacity: Roles in legal risk, corporate strategy, and regulatory compliance often provide attractive salary packages and possibilities for development.
MBA Business Law Eligibility Criteria
To pursue the MBA in Business Law, the applicant needs to meet certain criteria, without which admission into this course may be difficult. Mentioned below are the eligibility criteria:
- Applicants should complete their higher secondary education and have a valid bachelor's degree from a recognised university.
- Based on the institute, candidates will have to secure an overall aggregate of 50 - 60% in their bachelor's degree. It is necessary to complete this academic limit for shortlisting in the admission process.
- Applicants should get a qualification score in the management entrance examination accepted by the concerned colleges. These scores must meet the cutoff marks set by the institution to proceed in the selection process.
MBA Business Law Entrance Exams
The candidates are required to take entrance exams that are related to the management programs. Admission is generally based on the scores obtained in these exams, without which the admission process might be impossible. A few colleges also provide admissions on the basis of group discussions and personal interviews after qualifying for the entrance exams.
MBA Business Law Colleges in India
This program mixes management and legal studies. Exams like the CAT, CMAT, and many more are typically considered for admission by the institutes. Course fees may vary according to the institutes. The Master of Business Administration Business Law colleges are given below.
MBA Business Law Admission Process
The admission procedure at SVKM's NMIMS (Deemed to be University) includes the following steps:
- Visit the NMIMS official admission page and enter your NMAT registration number to fill out the MBA (Law) application form, then pay the application fee.
- Sit for the NMAT by GMAC within the timeframe allocated to make your grade valid.
- The selection of candidates would be based on their NMAT scores.
- Based on the SC, candidates would be called for a Written Analytic Test (WAT), Psychometric Test, and Personal Interview by NMIMS.
- Final selection of candidates is done on the basis of their NMAT score, WAT/Psychometric Test performance, a Personal Interview, and credentials.
- Admitted candidates can be confirmed by paying the fees and submitting documents.
Required Documents
- Class 10th and 12th Marksheets and Certificates
- Degree Marksheets and Certificates
- Work Experience Certificate (If applicable)
- Passport Size Photograph
- Online Application Form (Printout copy)
- Medical Fitness Certificate
MBA Business Law Syllabus
The MBA business law syllabus is more or less the same in the colleges offering the course. The syllabus may slightly differ depending on the course curriculum followed by the institute. For reference, the syllabus followed by Gujarat National Law University, which provides an MBA in Financial Management and Business Laws, is given below:
MBA Business Law Job Opportunities in India
Graduates with an MBA in Business Law can work in regulatory affairs, corporate law, compliance, legal consultancy, and contract management. Governmental organizations, international corporations, and legal firms often hire them. Students who complete the degree program will have an understanding of both legal frameworks and business practices. Corporate Counsel, Compliance Officer, and Legal Advisor are a few typical job titles. Some of the job opportunities are as follows:
MBA Business Law Vs LLM
Master of Business Administration Business Law includes a mixture of case studies, practical assignments, and internships that are accompanied by commercial exposure. Under the LLM program, a greater emphasis is channeled into research, high theory, and in-depth legal study.
MBA Business Law FAQs
What should a student study after 12th to pursue an MBA in business law later?
Students can pursue any bachelor's degree, like BBA, B.com, or BA in subjects related to law. A background in commerce or legal studies helps create basic knowledge. Choosing a relevant UG stream strengthens the understanding of the MBA profile and business law concepts.
What is the difference between an MBA Business Law and an LLB?
The MBA in Business Law focuses on management with practical legal principles, which prepares students for corporate legal roles. LLB is a complete law degree that enables candidates to practice as a lawyer. While LLB is more law-focused, MBA provides a business-oriented legal perspective.
Which is better to pursue: BBA LLB or MBA in business law?
BBA LLB is ideal for those who want to become a lawyer or join the legal profession. The MBA Business Law is in line with the candidates who target legal advisors or management roles. The choice is based on the candidate’s long-term professional or business career objectives..
Can a science graduate choose an MBA business law?
Yes, students of any academic background, including science, art or commerce, can pursue this MBA course. Admission is determined based on his/her performance in the entrance exam and on the graduating marks.
What are the additional certification courses that can help a candidate during an MBA in business law?
Candidates can pursue some certification courses related to corporate administration, intellectual property rights, and contract law. Courses in mergers and acquisitions or regulatory compliance are also highly valuable. These certificates promote expertise and job readiness in legal-practical roles.
Who should study MBA Business Law?
An MBA Business Law is for students who want to learn both business and basic legal concepts. It is good for those who want to work in companies and handle legal or compliance work. This course is not for becoming a lawyer but for working in business with legal knowledge.