LLB After MBA: Eligibility, Admission Process, Scope, Salary
At a time when cross-disciplinary learning is being encouraged from a policy viewpoint, pursuing an LLB after MBA is a good option to look at. An LLB after MBA helps to develop a sound legal understanding around various business concepts and enhance one’s skills and future prospects. An MBA graduate with a law degree can be particularly suitable for roles in drafting HR policies, contract negotiations, and crisis management.
LLB after MBA in India can be pursued at any law college that offers the 3-year LLB programme as the minimum eligibility criteria to pursue the course is graduation in any stream. Read on to find out everything you need to know about LLB after MBA including eligibility, scope and career prospects.
LLB After MBA: Highlights
The table given below provides a quick glimpse of LLB Vs MBA comparison along various parameters.
LLB VS MBA: Course Overview
Particulars | LLB | MBA |
|---|---|---|
Type of programme | Undergraduate | Post Graduation |
Duration | 3 years | 2 years |
Eligibility | Graduation in any stream | Graduation in any stream |
Mode admission | Law entrance tests / Direct law admissions | Management entrance Tests / Direct admissions |
Popular entrance exams | NLSAT, SLS AIAT, TS LAWCET, AP LAWCET | CAT, XAT, AIMA, MAT |
LLB after MBA Eligibility Criteria
The LLB eligibility criteria prescribes that a candidate must have completed graduation in any stream. There is no hindrance in doing an LLB after completing one’s MBA. Interested law aspirants must also check for the minimum qualifying marks prescribed by the law college before applying for admission. Usually, there is no age limit for LLB which means, there is no restriction on the gap in terms of number of years for LLB after MBA.
LLB Eligibility Criteria
Particulars | Details |
|---|---|
Minimum educational qualification | Graduation in any stream |
Minimum passing marks | 40-50% |
Age limit | No age limit |
LLB After MBA Admission Process
LLB admissions are done either through a law entrance exam or through direct law admissions on the basis of marks obtained in the qualifying exam. Given below are the steps in the admission process of LLB.
Apply for the law entrance exam/ college
Appear in the entrance exam and get a valid score
Register for the counselling process
Obtain seat allotment
Pay the fees and complete admission formalities.
Popular Entrance Exams for 3-year LLB
3-year LLB Entrance Exams | |
LLB After MBA: Scope
Having an MBA and an LLB degree can significantly enhance one’s career prospects. It brings together two different fields of knowledge namely management and law that complement each other.
Job Profiles for LLB After MBA
Given below are some of the job roles available for LLB graduates who also possess an MBA degree.
Labour Law Expert
A popular area where management and law converge is handling of human resources in the organisation. An HR executive who is well versed with labour laws can help the organisation draft HR policies that are employee friendly and also within the ambit of law. A labour law expert can help dispel labour disputes within the organisation, draft employment contracts, and help in salary negotiations.
Regulatory Compliance
A lawyer with an MBA degree can ensure the organisation is always on the right side of law when it comes to regulatory compliance. The industry regulators require business organisations to comply with several legal requirements such as filing reports, issuing public notices, and so on.
Mergers and Acquisition Expert
A common phenomenon observed in the business world is the merger or acquisition of one company by another. A lawyer well versed with corporate laws can help organisations draft terms and conditions which are in their best interest without compromising on its legality.
Academics
Another popular career avenue for LLB after MBA is academics. With a specialised legal and business knowledge, lawyers can find employment as professors in business and law schools. They can also become part of research and think tanks that help in policy formulation.
Consultancy
LLB graduates can also provide legal consultancy services to business organisations either as in-house consultants or independent ones. The job requires the consultant to deeply understand the issue at hand and functioning of the organisation, then provide solutions.
Private Practice
An LLB graduate after MBA, who has also cleared the AIBE examination, can undertake private practice. Such lawyers are allowed to represent clients and fight cases in a court of law.
LLB After MBA Salary in India
Given below is an approximate estimation of salary figures for LLB after MBA for roles listed in the above section. The figures are drawn from data available with AmbitionBox, a popular online portal for information on workplaces.
LLB After MBA Salary Data
Role | Avg. Salary |
Regulatory and Legal | Rs 4.60 lakhs p.a. |
Teaching | Rs 4.90 lakhs p.a. |
Consulting | Rs 5.30 lakhs p.a. |
Merger and Acquisition | Rs 7 lakhs p.a |
Labour relations | Rs 9.70 lakhs p.a |
Frequently Asked Questions (FAQs)
Yes, one can opt for LLB after MBA as the minimum qualification required for LLB is graduation in any stream.
While MBA is a postgraduate course, LLB is an undergraduate course.
One can opt for several courses after MBA. The 3-year LLB is one of the options after MBA if students are interested in complementing their management knowledge with legal understanding.
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