Sounak Banerjee Associate Content Manager
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LLB Professionals look for further courses to get increments and managerial positions. So, an MBA after LLB is the best course that would suffice the need. MBA after LLB is a 2 year post graduate program in business and management. The basic eligibility for applying to an MBA course is graduation and since LLB is a graduation degree students are eligible to apply for MBA.
Check - More About LLM Course
Some of the top colleges that offer MBA after LLB are all the IIMs of India and some of the IITs also. The average fee structure for pursuing MBA after LLB is INR 4,00,000 - INR 20,00,000.
A law graduate may wonder why MBA after a 5 years law program. MBA after LLB focuses on subjects such as marketing, business, strategy, economics, operations management, and accounting along with a number of electives and projects to choose from.
MBA after LLB is a good option for pursuing higher studies in management, or make a career switch to the field of management. The job options available after MBA include HR Manager, Business Analyst, Marketing Manager, Finance Advisor, Investment Banker, etc. The average salary for such job profiles ranges from INR 7-10 LPA in the beginning.
Benefits of studying MBA after Law
Candidates who pursue MBA after the completion of a degree in law can get the following benefits.
- Get the benefits of both worlds: The candidates who have completed both their MBA and law degree, can combine the technical knowledge garnered from the Law program and use it to solve real-life organizational problems. Technical expertise in legal procedures can be very helpful for candidates of MBA HR specialization.
- An Increase in salary: A MBA degree not only opens up new avenues to law graduates but also helps them to land better jobs in the future. According to Indeed.Com a lawyer in India earns an average salary of INR 252,000 per annum, whereas MBA graduates earn a minimum salary of INR 800,000 per annum, thus, almost 3 times the salary of a lawyer.
- Wider job roles: Candidates having both a law and MBA degree can land job roles in a large number of sectors such as consultancy, Legal firms, finance, insurance, banking sectors and many more.
- Improve Networking: A MBA degree would help the candidate to create a network among alumni, professors as well as working professionals. It can also help them create a network among legal practitioners which is essential for landing jobs in the future.
MBA After LLB: Course Highlights
| Course Level | Post Graduate |
| Duration | 2 year |
| Examination Type | Semester |
| Eligibility | Graduation in any UG course of any stream with a minimum of 50% of marks in UG from a recognized university |
| Admission | Entrance Exam |
| Course Fee | INR 2-20 LPA |
| Average Starting Salary | INR 7 - 10 LPA (starting salary) |
| Top Recruiting Organizations | IBM, Google, Cognizant, TCS |
| Top Recruiting Areas | HR Manager, Business Analyst, Marketing Manager, Finance Advisor, Investment Banker, etc |
MBA Eligibility After LLB
- Students have to clear 10+2 or equivalent with a minimum of 50% marks from a recognized board.
- 5% moderation for the reserved category students.
- Students from any stream whether arts, commerce or science can apply for MBA after LLB.
MBA Admission Process After LLB
The admission process for most colleges is done based on merit or on the entrance examination. Here we will explain them in detail:
Merit Based Selection
- The registration form will be released by colleges or universities.
- Students have to fill out the form online with the registration fees before the last date.
- The college or universities release the cutoff list date.
- Students have to visit the college and university for the counseling process if they have scored higher than the cut off score.
- 10th Mark sheet, 12th Mark sheet, Passport size photo, and other documents are required by the college or university.
Entrance Exam Based Selection
- Students have to fill out the form online with the registration fees before the last date.
- The admit card will be released by the colleges and universities.
- Students have to submit their correct documents to the college with tuition fees if they score higher than the average cut off score in the entrance exam.
- Documents required are 10th Mark sheet, 12th Mark sheet, Passport size photo.
MBA Entrance Exams After LLB
| Entrance Exam | Registration Date | Exam Date |
|---|---|---|
| CAT | Check Here | Check Here |
| MAT | Check Here | Check Here |
| SNAP | Check Here | Check Here |
| MAH CET | Check Here | Check Here |
| XAT | Check Here | Check Here |
MBA after LLB - What is it About?
MBA or Master of business administration is a 2 year course for post graduates.
- This course helps to gain knowledge about the international business trends, markets, and regulations followed to do business at global level.
- It is designed for professionals who can work with international clients.
- This course is for those who can go anywhere around the world for business, who can go in multinational companies and who can tackle issues at global level.
MBA Colleges after LLB
| College Name | NIRF Ranking | Average Fees |
|---|---|---|
| IIM Ahmedabad | 1 | INR 20,00,000 |
| IIM Bangalore | 2 | INR 20,00,000 |
| IIM Calcutta | 3 | INR 30,00,000 |
| IIM Lucknow | 4 | INR 5,00,000 |
| IIT Kharagpur | 5 | INR 4,00,000 |
| IIM Kozhikode | 6 | INR 5,00,000 |
| IIM Indore | 7 | INR 7,00,000 |
| IIT Delhi | 8 | INR 20,00,000 |
| MIT college of management | __ | INR 1,15,000 |
| Pillai Institute of management studies & Research | __ | INR, 1,91,000 |
MBA after LLB: College Comparison
College comparison is important on some basis as about college, eligibility, admission process, average fee, courses, average salary, recruiting companies and job profiles.
| Parameters | MIT college of management | Pillai Institute of management studies & Research |
|---|---|---|
| About college | MIT college of management was established in 2007. It offers post graduate courses MBA, MBA (executive), PGP and M. Tech. | Pillai institute of management studies & research known as PIMSR and situated in Navi Mumbai. This college offers post graduate courses MBA/PGDM, MBA (executive). |
| City | Pune | Pune |
| Eligibility | Bachelor’s degree with minimum 50% marks from recognized college. | Bachelor’s degree with minimum 50% marks from recognized college. |
| Admission process | Entrance exam | entrance exam |
| Average fees | INR 1.15 lakhs | INR 1.91 lakhs |
| Top recruiting organizations | Barclays technology, Wipro, Airtel, Aviva, Bell Ceramics, Bharti Group, Colgate, Palmolive Aircel, Citi Bank, Vodafone, etc. | HDFC Bank, Citi Bank, Airtel, Bajaj Capital, ICICI securities, IDFC, EClerx, Berger, TATA Teleservices, Vodafone, HSBC Bank, etc. |
| Average salary | INR 4 lakhs | INR 3 lakhs |
LLM VS MBA: Course Comparison
| Factors | LLM | MBA |
|---|---|---|
| Full form | Masters of Law | Master of business administration |
| Stream type | Law | Management |
| Duration | 2 years | 2 years |
| Eligibility | LLB | Graduation with minimum 45% marks from a recognized institute. |
| Admission process | Entrance exam (CLAT, LSAT) with counseling | Entrance ( CAT, CMAT, MAT) with group discussion and personal interview |
| Average fee structure | INR 3,00,000 | INR 4,00,000 |
| Average salary package | INR 4,00,000 | INR 7,00,000 |
MBA Syllabus After LLB
There are a total number of 11 MBA core subjects and 35 MBA elective subjects included under the MBA syllabus.
| MBA Subjects in 1st Semester | MBA Subjects in 2nd Semester |
|---|---|
| Corporate Social Responsibility | Macroeconomics |
| Microeconomics | Business Law |
| Principles of Marketing Management | Operations Management |
| Principles of Accounting | Optimization and Project Research |
| Tools and Framework of Decision Making | Corporate Finance |
| Quantitative Methods and Statistics | Project Management |
| Business Communication and Soft Skills | Marketing Management |
| Organizational Behaviour 1 | Organizational Behavior 2 |
| MBA Subjects in 3rd Semester | MBA Subjects in 4th Semester |
| Supply Chain Management | Internship Projects |
| Financial Modeling | |
| Strategic Management | |
| Business Intelligence | |
| Marketing Research | |
| Managerial Economics | |
| Corporate Governance and Business Ethics | |
| Corporate Finance 2 |
MBA Jobs After LLB
| Job profiles | Job Description | Average Annual Salary |
|---|---|---|
| Risk Management Director | Develop and administer programs of risk management. | INR 43.86 lakhs |
| Corporate Auditing Director | Direct auditing of accounting and financial data of different departments. | INR 49.69 lakhs |
| Real Estate Development Manager | Provide strategies planning, financial oversees, project management and maintain high quality work and contributes to company success. | INR 6.56 lakhs |
| Marketing and Sales Director | They develop strategies for sales and marketing and contribute to profit. | INR 26.86 lakhs |
| Government Affairs Director | Direct objectives and policies & procedures including state, federal, and local government affairs. | INR 20 lakhs |
MBA Scope after LLB
The candidates may apply for higher degree programs like PhD international business, PhD international relations, etc.
- The job profiles after MBA (executive) (international business) are Chief executive officer, information security director, business analytics manager, supply chain management director, corporate auditing director, risk management director, national manager, key accounts manager, etc.
- The top recruiting area is colleges, universities, embassies, etc.
- The top recruiting companies are Citi Bank, HDFC Bank, ICICI Bank, Amazon, Google, HSBC, IBM, Cognizant, Axis Bank, WIPRO, etc
MBA After LLB: FAQs
Ques. What is MBA (international business)?
Ans. MBA (international business) or Master of business administration (international business) is a 2 year course that focuses on learning of international trading fundamentals.
Ques. What is the difference between Executive MBA (international business) and MBA (international business)?
Ans. The difference between is that MBA (executive) (international business) focuses on learning of international trading fundamentals while MBA (international business) focuses on developing a workforce within the country who understands dynamic areas of international business
Ques. Is a business analytics manager a good profile?
Ans. Yes, a business analytics manager is a good job profile because the money in this profession is good. The international average salary is more than the national average salary.
Ques. What will be the salary of a business analytics manager?
Ans. The salary of a business analytics manager will be INR 38.96 LPA.
Ques. Which is a better MBA (executive) (international business) or MBA (international business)?
Ans. Both degrees are better as MBA (executive) (international business) is mainly for learning international trading fundamentals and MBA in international business is focused on developing candidates who have a knowledge of international business.
Ques. What will be the recruiting areas in MBA ?
Ans. The recruiting areas in MBA are, administrative service manager, chief executive manager, international finance, international logistics, export coordinator, colleges, universities, etc.
Ques. How to apply for admission in MBA?
Ans. The one who has completed a Bachelor's degree can apply after application form releases through online mode.
Ques. What is the minimum and maximum fee in public colleges?
Ans. The minimum and maximum fee in public colleges is INR 5500 and INR 15.2 lakhs respectively.
Ques. What is the minimum and maximum fee in private colleges?
Ans. The minimum and maximum fee in private colleges is INR 29,000 and INR 3.82 lakhs respectively.
Ques. What is the eligibility criteria to do MBA after LLB?
Ans. Every student must have completed their graduation with 55% marks in graduation.
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