MBA Business Law Course, Colleges, Admission, Eligibility, Exams, Syllabus, Jobs, Salary and Future Scope

MBA Business Law Course

MBA Business Law is a two-year postgraduate management degree. It is founded on commercial law principles that apply to a business, corporation, or industry. This course also covers legal preparation on a variety of lawsuits. Business Communication, Organizational Behavior, Operations Research, Accounting for Managers, and Quantitative Methods are all related to it.

The MBA Business Law program’s key goal is to familiarise students with different facets of civil law. It is a career-oriented course with many lucrative prospects in both the public and private sectors.

The basic qualifying requirements for this two-year course are that an applicant must be a graduate of some discipline from a recognised college or university with a minimum aggregate score of 50%. For entry, the applicant must also pass all of the related tests, such as the GMAT, CAT, MAT, XAT, SNAP, and others. On a state level, a college can also administer its own test.

The following is a list of the top five colleges in India that offer a Business Law programme:

NIRF Ranking 2021College Name CityAdmission ProcessAverage Annual Fees
2IIM BangaloreBangaloreCATINR 23,15,000
3IIM KolkataKolkataCATINR 27,00,000
5IIT KharagpurKharagpurCATINR 3,14,000
22SIBM PunePuneCATINR 9,60,000
28VIT VelloreVelloreCATINR 3,51,500

MBA Business Law admissions are either merit-based or based on an entrance exam. Candidates for entry must have completed a bachelor’s degree in either field and passed the entrance exam administered by the relevant colleges or universities.

MBA Business Law graduates will serve as Law Officers, Legal Advisors, Chief Financial Officers, Assistant Managers, and more, with salaries ranging from INR 4-6 LPA on average.


MBA Business Law Overview

Some of the course’s major highlights are mentioned below.

Name of the courseMaster of Business Administration in Business Law
Course LevelPost Graduate/ Professional Degree
Duration2 years, full time
StreamLaw
Examination TypeSemester System
EligibilityGraduation from any stream with a minimum aggregate score of 50%
Admission ProcessBased on counseling sessions after clearing Entrance Tests (CAT/ MAT) or direct admission in some cases
Average Course FeeINR 3 Lac to 8 Lac
Average Starting SalaryINR 4 Lac to 10 Lac
Top Recruiting CompaniesEducational Institutes, Sales Tax & Excise Departments, Legal Consultancies

What is the admission process of MBA Business Law? 

Specific grades in the bachelor’s degree will be used to determine admission to the MBA in Business Law program. Community debate and personal interview rounds are also held at colleges and universities. To be considered for entry, candidates must score well in all of the rounds. Selected applicants would then be summoned to campus to complete the remainder of the admissions process.

In addition, for the admissions process, take these steps:

  • Check the admission requirements and fill out an application form for the college you choose to attend.
  • It is appropriate to request all required documentation and records.
  • Prepare for an entrance examination.
  • Prepare for a group meeting and a personal interview after passing the entrance exam.
  • After going through all of these steps, you may be placed into one of the divisions, depending on whether you were chosen or not. You will even be placed on a waiting list.
  • If you pass all of the measures above, you will be assigned a seat in that college.
  • Candidates are required to pay out the paperwork and entry fees after the allotment has been filled.

MBA Business Law Eligibility Criteria

Applicants interested in pursuing an MBA in Business Law shall meet the following requirements in order to be considered for entry.

  • Candidates must have finished their secondary education and hold a bachelor’s degree from a recognised institution.
  • Applicants must take their entrance examinations during their final year of undergraduate study in order to apply to MBA Business Law colleges immediately after graduation.
  • Applicants must hold a bachelor’s degree and a grade point average of 50-60%.
  • To meet the college/university cut-off, applicants must achieve valid results on their entrance exams.

How to Prepare for MBA Business Law Entrance Exams?

The MBA Business Law Entrance Test is one of the most difficult exams that students must take. The following are some of the things they can bear in mind while they prepare for the entrance exam.

Step 1: Do research and learn more about the topics covered in the course. Check for eligibility requirements, submit applications, and keep track of exam times, syllabus, and other important information.

Step 2: Arrange the dates in accordance with the schedule. Exam dates should be noted and a timetable should be created accordingly.

Step 3: One can look up past entrance papers and get a sense of the trend and kinds of questions that will be asked. CAT solved papers from previous exams can be viewed on a variety of websites.

Step 4: Always review the stated syllabus, train, and offer mock tests before taking an entrance exam.

Step 5: The secret to performance is revision.


How to Get Admission in a Good College that offers MBA Business Law?

Any MBA Business Law student aspires to be admitted to one of the best colleges in the country. Here are some considerations to bear in mind when choosing a college.

  • Step 1: Make a list of colleges that deliver MBA programmes and send an application to each of them.
  • Step 2: Review the college’s eligibility requirements before applying.
  • Step 3: Study for the Common Entrance Examination (CAT)
  • Step 4: Search for the submission form after you’ve cleared the entrance. Fill in the blanks with the information requested.
  • Step 5: Send the important documents that have been requested.
  • Step 6: Keep track of the critical dates that the college has announced.
  • Step 7: Get ready for the group discussion and personal interview, as your acceptance is contingent on your overall success.
  • Step 8: If you pass the entrance exam, group discussion, and personal interview, you are more than likely to be accepted. Then, in order to validate your admission, you must pay your fees on schedule.

What are the Entrance Exams for MBA Business Law?

Numerous colleges and universities accept students based on tests administered throughout the country. A list of a few entrance exams is given below.

Exam NameRegistration DateExam DateExam Mode
CATAugust-September,2020November 29, 2020Computer-Based Standardized Test
XATSeptember-November, 2020January 2021Online
CMATNovember- December 20204th week of January 2021Online
GMATThroughout the yearThroughout the yearComputer-Based
MHT CETJanuary-February 20203rd week of March, 2021Online
TAN CETJanuary 2020March,2021Pen and Paper Based
SNAPAugust-November,2020Second week of December 2020Computer-Based
OPENMATJune 2020To be announcedComputer Based Test Mode

What Is about MBA Business Law?

MBA Business Law stands for a rigorous assessment of the numerous cases that make up the legal machinery of the corporate world, as well as advanced principles of both public and private law. During this time, one can learn technological, administrative, and leadership skills that will be useful in the future. An MBA enhances industry knowledge, broadens one’s professional network, and opens doors to new opportunities.

  • MBA Business Law is a two-year postgraduate programme that covers the principles of commercial law as they apply to a company, firm, or industry.
  • This four-semester course follows the fundamental principles of a management course, as well as understanding of the commercial elements of law and critical business skills.
  • The aim of the MBA Business Law programme is to familiarise students with various aspects of civil law.
  • Accountants, attorneys, business experts, and entrepreneurs who want to improve their legal skills may find it useful.
  • Business Communication, Organizational Behaviour, Operations Research, Accounting for Managers, and Quantitative Methods are some of the relevant topics addressed in MBA Business Law.

MBA Business Law Syllabus

An MBA in Business Law curriculum includes all relevant subjects that must be addressed in two years. The following is the MBA in Business Law syllabus:

First YearSecond Year
Introduction to Business LawLaw of Partnership
Law of contract Law of sales of Goods
Contracts of Guarantee and indemnityLaw of Negotiable Instrument
Economics & Management DecisionsBanking & Insurance Law
Marketing ManagementThe Company’s Act
Consumer Protection ActThe Foreign Exchange
International Accounting and FinanceInternational Human Resource Management
The Competition ActInformation System/Operations Management
International StrategyRegulation to Information
International Business LawInternational Trade Law
Central Excise Act Intellectual Property Laws

MBA Business Law Top Colleges

NIRF Ranking 2021College NameCityAdmission ProcessAverage Annual Fees
1IIM AhmedabadAhmedabadCATINR 23,00,000
2IIM BangaloreBangaloreCATINR 23,15,000
3IIM KolkataKolkataCATINR 27,00,000
5IIT KharagpurKharagpurCATINR 3,14,000
9IIT Delhi- Department of Management StudiesDelhiCATINR 4,80,000
22SIBM PunePuneCATINR 9,60,000
28VIT VelloreVelloreCATINR 3,51,500
92NMIMS MumbaiMumbaiCATINR 9,25,000
Mahatma Jyoti Rao Phoole UniversityJaipurCATINR 30,00,000
Praxis Business SchoolKolkataCATINR 6,00,000

MBA Business Law vs LLB Business Law

Details of the MBA Business Law and LLB Business Law course comparison:

ParametersMasters of Business Administration Business LawLLB Business Law
Duration2 years2 years
EligibilityGraduation from any relevant stream with a minimum aggregate score of 50%45-50% in graduation from a commerce stream
Average Course FeesINR 3 Lac to 8 LacINR 60,000-1,20,000
Average SalaryINR 4-10 LPAINR 4-6 LPA
Job ProfilesLaw Officer, Legal Advisor, Chief Financial Officer, Assistant Manager, Pay Roll Manager, Legal Assistant, etc.Accountant, Tax Consultant, Bank PO, Accountant, Event Manager, Lecturer, Chartered Accountant, and Human Resource Development, etc.
Top InstitutesIIM Kolkata, IIM Bangalore, IIT Kharagpur, SIBM Pune.Hindu College, Presidency College, Shri Ram College of Commerce, Loyola College.

MBA Business Law Job Prospects and Career Options

MBA Business Law provides students with knowledge of business leadership and recognises the importance of legal experience, whether they want to pursue a career in law but need a sound base in management. They serve as a link between management and law, bridging the information gap. MBA Business Law graduates can also pursue a PhD from another country to boost their academic credentials.

The following are some of the career opportunities available to MBA graduates:

Job ProfileJob DescriptionAverage Salary
Business Development ExecutiveA Business Development Executive is a senior sales executive. As a senior manager, they are responsible for the company’s growth and development.INR 2 Lacs
Business Process AnalystThe role of a Business Process Analyst is linked to the thought process. Process mapping and company process reengineering are two of their specialties.INR 6 Lacs
Legal ManagerA legal manager advises businesses about their legal rights and responsibilities. They assist in the creation of policies and procedures, as well as the analysis and editing of regulatory documents.INR 5 Lacs
Business ManagersWithin a large corporation, business managers can be in charge of a particular department. In smaller businesses, they can be in charge of all divisions. Nonetheless, they supervise jobs, plan everyday tasks, and work against financial and organisational goals.INR 8 Lacs
Legal AdvisorTo draft legal papers, structure responses to problems, and provide guidance in legal matters, legal advisors need a substantial amount of formal education.INR 7 Lacs
ProfessorProfessors in the educational system play a part in training young minds, mentoring, and supervising graduate students as they perform thesis study.INR 4 Lac
Business AnalystMarket analysts are in charge of bridging the distance between IT and the business by assessing processes using data analytics.INR 6 Lac

MBA Business Law College Comparison

The following is a comparison of IIM Kolkata, Bangalore, and Kharagpur as colleges:

ParametersIIM KolkataIIM BangaloreIIT Kharagpur
OverviewIIM Kolkata is one of the first IIM established across the country. It provides education across PG, Executive, and Doctor-level courses in the management sector.IIM Bangalore is one of the management institutes located in Karnataka and established in 1973. It provides courses in Postgraduate and Doctoral fields.IIT Kharagpur is the first institute that was established in Kolkata. It provides specializations across the dual degree, UG, PG, and doctoral levels.
Rank1424
Average Course FeesINR 11,25,000 to INR 27,00,000INR 18,60,000 to INR 21,39,000INR 25,465 to INR 3,14,000 Lacs
Average Salary OfferedINR 21.36 LPA to INR 124.9 LPAINR 18,00,000 to INR 26,00,000INR 8.25 Lacs to INR 14.20 Lacs
Top PlacementsAmazon, HSBC, Vector, OYO Rooms, Trident Group, Invest PunjabAmazon, Aditya Birla Group, Deloitte, Gamble, CitibankCognizant, Deshaw, Cisco, Cypress, Amazon

What is the future scope of MBA Business Law?

MBA Business Law is without a doubt India’s most coveted academic degree. Throughout the course, students develop skill sets in the areas of drafting legal briefs, policy papers, normal operating and reporting procedures for the implementation of business decisions, and so on. The potential prospects for MBA Business Law graduates are described below.

  • MBA Business Law graduates may assist corporations with legal representation, contract negotiations, and case management.
  • They may also serve as a consultant for law firms and clients on Transaction Advisory, Negotiation, Risk Advisory, Dispute Resolution, and Contract Finding.
  • MBA Business Law graduates may also serve as social entrepreneurs in collaboration with NGOs that receive funding from the FARC.
  • They may also continue their studies and apply for a PhD or travel abroad to further their education, as a PhD is the highest academic qualification.

MBA Business Law Jobs and Salary

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