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Jagpreet
12 June, 2024
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“Don’t join an easy crowd; you won’t grow. Go where the expectations and the demands to perform are high.” – Jim Rohn
Do you remember the iconic courtroom drama scene in “Jolly LLB 2” where Jagdish Chandra, the underdog lawyer, takes down the corporate giants? It is a classic portrayal of the power of law – the ability to fight for justice and make a difference. But what if there was a way to leverage your legal expertise and add another dimension to your skillset that could open the door to new opportunities? Yes, it is practical and possible. In this blog, we will explore the world of MBA for law graduates.
An MBA degree will provide you with the information and abilities needed to tackle challenging problems in the business world. It is the ideal addition to your current legal experience, giving you a distinctive profile that employers will find very appealing.
Do you also think, “What Should I do after LLB or Law degree?” Well, your law degree sharpens your analytical and critical thinking skills, but the business world demands something extra. It requires an understanding of Financial statements, Marketing strategies, and Operational efficiencies. This is where an MBA comes into the highlight. It will equip you with this acumen and prepare you for business. An MBA with a Law degree will open the door to new opportunities you cannot choose just with a law degree. You can go for leadership positions in MNCs as well.
An MBA after Law programme can be a stepping stone to upgrade your career. It will equip you with the knowledge and skills to excel in business settings. You will be learning from Marketing and Finance to Management and Entrepreneurship. But before you get lost in your dream career of an MBA after LAW, you need to know whether you are eligible for this programme. There are criteria mentioned for pursuing an MBA programme.
Bachelor’s Degree: You will need a bachelor’s degree in law, most likely an LLB or a similar qualification, from a recognised university.
Minimum Marks: Although the exact percentage varies across institutions, most B-schools (business schools) set a minimum threshold, often around 50% —55%, to ensure a baseline academic competency.
Some colleges do not require entrance exams, while others do. The popular choices in India include CAT, XAT, GMAT, and MAT.
Experience Adds Weight: If you have a few years of job experience, it will boost your candidature. Some Business schools accept freshers as well.
Demonstrating Skills: You can demonstrate the transferable skills you developed during your legal career via work experience. For example, negotiating well in court could be useful when closing deals.
Congratulations! After getting your law degree, you are prepared to take on the legal profession. Maybe you want to extend your career horizons. Getting an MBA after Law could be the ideal way to start thrilling new adventures. However, selecting the best MBA specialisation may feel like a burden as many options are available.
This is a perfect fit for you. You will get more insight into intellectual property, acquisitions, and corporate law, which can help you while negotiating intricate commercial agreements. For instance, you can help a tech start-up stay ahead of the curve by guiding them through the legal ramifications of their most recent breakthrough. Here is the syllabus of Business Law:
Semester 1
| Core Courses | Specialisation Elective Courses |
| Comparative Public Law | Business Law-I (Contracts in General) |
| Law and Justice in the Globalising World | Business Law-II (Specific Contracts) |
| Legal English and Research Methodology |
Semester 2
| Core Courses | Specialisation Elective Courses |
| Dissertation [Supervised Independent Learning/ Non-Teaching Credit Courses] | Business Law-III (Company Law) |
| Business Law-IV (Company Law and Partnerships) | |
| Business Law-V (State Regulation of Business) | |
| Business Law-VI (Intellectual Property) |
Law and finance are two sides of the same coin. You can gain skills in Risk management, Investment techniques, and Financial modelling with an MBA in Finance. This skill set is essential for solicitors who focus on corporate finance or banking. You might find yourself offering advice to a business on how to get the most out of its first public offering (IPO). Here is the syllabus mentioned for Finance specialisation:
| Semester 1 | Semester 2 |
| Financial Reporting and Decision Making | Financial Modeling |
| Management of Financial Services | Management Control System |
| Entrepreneurship-NPTEL | Security Analysis and Portfolio Management |
| Organisational Behaviour- NPTEL | Business Analytics and Modelling |
| Entrepreneurship and New Venture Creation | Business Research Methods |
| Accounting for Managers | Financial Management |
| Applications of Disruptive Technologies in Business | Human Resource Management |
| Managerial Economics | Legal Aspects of Business |
| Marketing Management | Operations Management |
| Organisational Behavior | Country Report |
| Statistics for Management | Managing Cultures |
| Professional & Business Communication | Trends, Management & Environment of Commercial Research |
| Foreign Business Language | Cognitive Analytics & Social Skills for Professional Development |
| Open Elective Courses | Foreign Business Language |
| Outdoor Activity Based Courses | Open Elective Courses |
| Outdoor Activity Based Courses |
| Semester 3 | Semester 4 |
| Summer Internship | Dissertation |
| Behavioural Finance | Advanced Corporate Accounting |
| Corporate Tax Planning and Management | Corporate Restructuring, Mergers and Acquisitions |
| Cost and Management Accounting for Decision Making | Financial Analytics |
| International Finance and Forex Management | Financial Engineering |
| Mutual Fund Management | Private Equity and Venture Capital |
| Principles and Practices of Banking | Risk Management |
| Project Planning Appraisal and Control | Strategic Financial Management |
| Wealth Management | Management in Action – Social Economic and Ethical Issues |
| Strategic Management | Country Report |
| Professional Ethics and Social Responsibility for Sustainability | Managing Cultures |
| Foreign Business Language | Trends, Management & Environment of Commercial Research |
| Open Elective Courses | Foreign Business Language |
| Outdoor Activity Based Courses | Open Elective Courses |
| Outdoor Activity Based Courses |
The foundation of legal practice is employment law. Managing and developing people within a business is made possible by an MBA in HRM, which expands on this knowledge. Employee relations, performance management, and hiring will all become areas of expertise for you. You will have the responsibility to ensure the company complies with labour regulations and cultivates a positive work environment. Here is the syllabus of HRM:
| Semester 1 | Semester 2 |
| Entrepreneurship-NPTEL | Industrial Relations for Management |
| Organisational Behaviour-NPTEL | Negotiation and Conflict Management |
| Entrepreneurship and New Venture Creation | Neuro Linguistic Programming |
| Accounting for Managers | Organisation Change and Development |
| Applications of Disruptive Technologies in Business | Business Analytics and Modelling |
| Labour Laws | Business Research Methods |
| Managerial Economics | Financial Management |
| Marketing Management | Human Resource Management |
| Organisational Behavior | Legal Aspects of Business |
| Statistics for Management | Operations Management |
| Professional & Business Communication | Country Report |
| Foreign Business Language | Managing Cultures |
| Open Elective Courses | Trends, Management & Environment of Commercial Research |
| Outdoor Activity Based Courses | Cognitive Analytics & Social Skills for Professional Development |
| Foreign Business Language | |
| Open Elective Courses | |
| Outdoor Activity Based Courses |
| Semester 3 | Semester 4 |
| Summer Internship | Dissertation |
| Emotional Intelligence for Managers | Corporate Image Building |
| HR Analytics | Global Human Resource Management |
| Leading Change in Organisations | Human Resource Outsourcing |
| Organisation Design and Structural Processes | Managerial Counselling |
| Performance and Competency Management | Organisational Development and Effectiveness |
| Recruitment Selection and Retention | Power, Politics and Leadership |
| Resource Based Strategy | Psychological Testing for HR Professionals |
| Strategic Compensation Management | Transactional Analysis |
| Strategic Human Resource Management | Management in Action – Social Economic and Ethical Issues |
| Training and Development – Systems Strategies and Practices | Country Report |
| Workplace Psychology | Managing Cultures |
| Strategic Management | Trends, Management & Environment of Commercial Research |
| Professional Ethics and Social Responsibility for Sustainability | Foreign Business Language |
| Foreign Business Language | Open Elective Courses |
| Open Elective Courses | Outdoor Activity Based Courses |
| Outdoor Activity Based Courses |
There are no longer geographical boundaries in our world. Your ability to explore international tariffs and comprehend cultural subtleties in negotiations is enhanced with an MBA in International Business. After pursuing this specialisation, you will be dealing with international contracts and making sure regulations are followed in various jurisdictions, which will benefit greatly from your legal expertise. Here is the syllabus of International Business MBA specialisation.
| Semester 1 | Semester 2 |
| Global Business Management | Cross Cultural Management and Management of Multinational Companies |
| Entrepreneurship and New Venture Creation | International Strategic Marketing |
| Accounting for Managers | International Trade Documentation and Logistics |
| Applications of Disruptive Technologies in Business | Financial Management – Amity Online MOOC |
| Managerial Economics | Human Resource Management – Amity Online MOOC |
| Marketing Management | Services Marketing: Integrating People, Technology, Strategy |
| Organisational Behavior | Business Analytics and Modelling |
| Statistics for Management | Business Research Methods |
| Professional & Business Communication | Financial Management |
| Foreign Business Language | Human Resource Management |
| Open Elective Courses | Legal Aspects of Business |
| Outdoor Activity Based Courses | Operations Management |
| Country Report | |
| Managing Cultures | |
| Trends, Management & Environment of Commercial Research | |
| Cognitive Analytics & Social Skills for Professional Development | |
| Foreign Business Language | |
| Open Elective Courses | |
| Outdoor Activity Based Courses |
| Semester 3 | Semester 4 |
| Summer Internship | Dissertation |
| Behavioural Finance | Competency Mapping and Assessment |
| Business Intelligence and Data Analytics | Consumer Behaviour |
| Compensation and Reward Management | Customer Relationship Management |
| Corporate Restructuring, Mergers and Acquisitions | Data Visualisation: Tools and Techniques |
| Corporate Tax Planning and Management | Digital Marketing |
| Data Mining and Data Warehousing | Enterprise Management |
| Digital Innovation, Transformation and Creativity | Financial Engineering |
| Digital Marketing | India’s Foreign Trade Analytics |
| Economics of Emerging Markets | International and Cross Cultural Business Negotiation |
| Enterprise Cloud Computing | International Finance and Forex Management |
| Financial Statement Analysis | International Retail Management |
| Global Human Resource Management | Internet of Things Fundamentals |
| Global Marketing Communication | Managing Business with China |
| Global Sales and Channel Management | Managing Creativity and Building Learning Organisations |
| Global Services Trade Analytics | Microeconomics of Competitiveness |
| Global Strategic Brand Management | Operations Planning, Scheduling and Control |
| Industrial Relations and Labour Laws | Organisation Change and Development |
| Legal Environment of International Business | Performance and Competency Management |
| Management of Financial Services | Private Equity and Venture Capital |
| Pricing Strategies | Product Development and Management – a Global Perspective |
| Project Management | Service Operations Management |
| Pursuit of Happiness for Personal & Professional Excellence | Social Media and Social Network Analytics |
| Recruitment Selection and Retention | Strategic Financial Management |
| Risk and Insurance in International Trade | Strategic Global Outsourcing |
| Security Analysis and Portfolio Management | Transactional Analysis |
| Strategic Service Marketing | Wealth Management |
| Supply Chain Management | Management in Action – Social Economic and Ethical Issues |
You can become your own boss if you do not want to step forward in the corporate world. The resources and expertise needed to bring your business idea to fruition are provided by an MBA in Entrepreneurship. In this specialisation, you will study researching the market, creating a company plan, and obtaining capital. Your legal background will be quite helpful in structuring your firm and ensuring it complies with the law. You can consider starting your legal tech company and revolutionising the legal sector. Here is the syllabus for the MBA in Entrepreneurship:
| Semester 1 | Semester 2 |
| Organisational Behaviour-NPTEL | Creating and Leading Entrepreneurial Organisation |
| Applications of Disruptive Technologies in Business | Creativity and Innovation in Business and Entrepreneurship |
| Accounting for Managers | Financing New Ventures and Businesses |
| Entrepreneurship and New Venture Creation | Business Analytics and Modelling |
| Managerial Economics | Business Research Methods |
| Marketing Management | Financial Management |
| Organisational Behavior | Human Resource Management |
| Statistics for Management | Operations Management |
| Professional & Business Communication | Small Business Management |
| Foreign Business Language | Country Report |
| Open Elective Courses | Managing Cultures |
| Outdoor Activity Based Courses | Trends, Management & Environment of Commercial Research |
| Cognitive Analytics & Social Skills for Professional Development | |
| Foreign Business Language | |
| Open Elective Courses | |
| Outdoor Activity Based Courses |
| Semester 3 | Semester 4 |
| Summer Internship | Dissertation |
| Building Entrepreneurial Culture and Team | Building Lasting Family Business |
| Business Incubation | Competitive Strategies and Management of Family Business and Business Portfolio |
| Corporate Crisis and Strategic Restructuring | Corporate Entrepreneurship |
| Creating and Managing New Businesses in Emerging Markets | Digital Marketing |
| Enterprise Growth and Succession | Leading Change in Family Business |
| Enterprise Planning Appraisal and Financing | Managing a Growing Business |
| Entrepreneurial Marketing | Product Design, Development and Commercialisation |
| Family Business Management | Professionalisation of Family Business |
| International Trade Documentation and Logistics | Rural Entrepreneurship and Development |
| Managing Innovation: Emerging Trends | Venture Capital and Private Equity |
| Mentored Study in Entrepreneurship | Management in Action – Social Economic and Ethical Issues |
| Social Entrepreneurship | Country Report |
| Strategic Management | Managing Cultures |
| Professional Ethics and Social Responsibility for Sustainability | Trends, Management & Environment of Commercial Research |
| Foreign Business Language | Foreign Business Language |
| Open Elective Courses | Open Elective Courses |
| Outdoor Activity Based Courses | Outdoor Activity Based Courses |
So, how can you actually decide which stream is best for lawyer, it can be decided by considering some key factors such as:
Your interests: What areas of business excite you the most? Do you crave the fast-paced world of finance or the strategic thinking required in international business?
Your experience: Do you have existing experience in a particular legal field that you’d like to leverage in your business career?
Your career goals: Where do you see yourself in 5 or 10 years? Do you want to work in a specific industry or for a particular type of company?
| Career Prospects | Job Roles and Description |
| Corporate Lawyer | As a corporate lawyer, you will provide legal advice and support to corporations on various legal matters such as contracts, acquisitions, regulatory compliance and corporate governance. You will also represent corporations in litigation matters. |
| Legal Consultant | As a legal consultant, you will offer expert advice and guidance to businesses on legal issues. You will help them navigate complex legal frameworks and ensure compliance with regulations. |
| Compliance Officer | As a compliance officer, you will ensure businesses adhere to legal and regulatory requirements and internal policies. You will develop and implement compliance programmes, conduct audits, and train employees on compliance matters. |
| Intellectual Property Manager | As an Intellectual property (IP) manager, you will protect and manage a company’s intellectual property assets, such as patents, trademarks, copyrights, and trade secrets. |
| Contract Manager | As a contract manager, you will oversee contract negotiation, drafting, and management between businesses and other parties. You will also ensure that contracts comply with legal requirements and protect the interests of your employers. |
| Legal Analyst | As a legal analyst, you will be conducting research and analysis on legal issues, regulations, and case law to support business decision-making. You will also prepare legal documents and provide recommendations based on legal research. |
| Risk Manager | As a Risk Manager, you will identify, assess, and mitigate risks impacting a company’s operations, finances, or reputation. You will also develop risk management strategies and monitor compliance with risk management policies. |
| Human Resources Manager | As a Human resources manager, you will oversee the recruitment, training, and performance management of employees within an organisation. You will also handle employee relations and compliance with labour laws. |
| Compliance Analyst | As a compliance analyst, You will assist in monitoring and assessing a company’s compliance with legal and regulatory requirements. You will also be responsible for analysing data, conducting audits, and identifying areas of non-compliance. |
| Entrepreneur | As an entrepreneur, you will use legal knowledge to start and manage your business ventures. You may establish startups, consulting firms, or legal service providers offering innovative solutions to legal and business challenges. |
| Career | Average Salary (INR) |
| 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 |
| Top MBA Colleges | Fee |
| IIM Ahmedabad | Single Accommodation: INR 33 Lakhs Married Student Housing: INR 35 Lakhs |
| IIM Bangalore | INR 24.5 Lakhs |
| IIM Calcutta | INR 31 Lakhs |
| Xavier School of Management | INR 19,30,000 (1st + 2nd Year course fee) |
| Amity University | Non-Sponsored Fee: 3.89 Lakhs Sponsored Fee: 5.835 Lakhs |
| Top Online/Distance Colleges | Course Fees (INR Lakhs) |
| Symbiosis Centre for Distance Education | INR 60,000 |
| MIT School of Distance Education | INR 90,000 |
| DY Patil University (Online) | INR 1.69 Lakhs |
| Manipal University Online | INR 1.75 Lakhs |
| IIM Ahmedabad | INR 20.00 Lakhs |
| ICFAI University | INR 2.00 Lakhs |
Remember that getting an MBA after an LLB/Law degree can be a wise investment in your future. It will provide you with a unique combination of commercial savvy and legal knowledge, giving you more authority. This will increase your professional demand. The endless opportunities range from managing intricate business transactions to heading up a legal division or starting your own business.
Thus, if you are a recent law graduate hungry for knowledge and progress, an MBA could be the ideal launching pad for a rewarding and prosperous career. I hope you are no longer wondering which course is best after LLB.
Q1. What are the benefits of an MBA after Law?
More Job Options: An MBA opens doors to fields beyond law, like business, management, consulting, or entrepreneurship.
Improved Skills: Combining legal knowledge with business skills makes you a versatile professional, able to handle complex legal and business challenges.
Q2. What opportunities are available after completing an LLB?
LLB graduates in India can pursue various career opportunities, such as:
Advocate
Corporate Lawyer
Legal Analyst
Judicial Services
Q3. Why do people pursue an LLB after an MBA?
An MBA develops expertise in human resource management, whereas an LLB offers a thorough grasp of the legal system. This distinctive combination is especially beneficial for roles that demand in-depth knowledge of labor laws, contract negotiations, and employment regulations.
