MBA After LLB: Eligibility, Salary, Scope and Top Colleges
Explore the pathway of pursuing an MBA after LLB. Learn about MBA eligibility criteria, MBA specialisation choices, entrance exams, top universities, scope, and potential salaries. Discover how an MBA after LLB can enhance your career prospects, skills, and earning potential here.
Are you an LLB graduate and interested in pursuing MBA? Well, your search to queries on how to pursue MBA after LLB ends here. An MBA after LLB can be a great way to boost your career prospects and earn a higher salary. When you decide to pursue MBA you must choose a specialization that is relevant to the career goals and be prepared to invest in education. Being a law graduate one can wonder what is MBA after LLB scope? Read this complete article to know MBA after LLB benefits, eligibility criteria, admission process, colleges, jobs, and salary.
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MBA after LLB Scope
Pursuing MBA after LLB can offer various benefits:
- Extensive job alternatives: An MBA can open doors to various sectors beyond law, such as business, management, consulting, or entrepreneurship.
- Enhanced Skill Set: Combining legal knowledge with business acumen can make you a more versatile professional, capable of handling complex legal and business challenges.
- Networking: MBA programs provide opportunities to build a broad professional network that spans different industries and sectors.
- Entrepreneurship: With an MBA, you could start your own law firm or business, leveraging both legal expertise and business skills.
- C-Suite Aspirations: An MBA could prepare you for executive positions, such as General Counsel or Chief Legal Officer, in corporations.
MBA After LLB Eligibility Criteria
Willing to pursue MBA after LLB? ensure to check the eligibility criteria mentioned below:
- Appeared for the MBA national level or state level entrance examination conducted for shortlisting candidates for admission to B-Schools.
- Completed graduation from a recognized/statutory institute/university with at least 60% marks (55% for reserved categories) in aggregate in qualifying examination.
- If you are appearing in the qualifying examination, you can also apply for the MBA entrance exam. Also if you are awaiting the results of the qualifying degree examination, a provisional admission letter will be provided subject to cancellation if eligibility criteria not fulfilled.
Which MBA to choose after LLB?
To determine the right MBA specialization after LLB, consider the factors mentioned below:
Q: What are the benefits of appearing in CMAT?
There are several benefits of appearing in the CMAT exam. It is easier than other exams and accepted by many B-schools. Check below some of the key benefits of CMAT.
- CMAT is conducted at the end of MBA entrance exam season, so MBA aspirants don't have to study much as the previous experience of exams like CAT, XAT, SNAP comes in use.
- CMAT score is accepted by about 1,300 MBA colleges in India which includes top colleges in Tier 1 and Tier 2 cities.
- CMAT exam is a moderate difficulty level exam so it is easier to score high in CMAT than CAT, XAT, IIFT, GMAT.
- CMAT cut offs for admission to top colleges are not exceptionally high, so you can get a good MBA college with a decent CMAT score.
- There's no 50 per cent aggregate criteria for CMAT application. Candidates with passing marks in graduation can also appear for the exam.
- CMAT application fee for women and reserved category candidates is only INR 1,000 which is quite less as compared to CAT, XAT, IIFT, SNAP fees.
Q: When can I apply for CMAT?
The next CMAT exam will be held on January 25, 2025. The NTA has started registration process for the same most on November 14, 2024. Those interested in appearing for the exam are required to register for it at CMAT-NTA website and fill the online application form before December 25, 2024. The score of CMAT will be valid for one year only, so if you appear for CMAT 2025, you must take admission in the same academic year.
Apart from 1300 B-schools, the CMAT score is also valid for admission through MAH CET CAP. The Maharashtra State CET Cell conducts MBA/MMS admissions for 300 colleges in the state. It is followed by a common counselling process called CAP. CMAT test takers can also participate in MAH MBA CET CAP and secure a seat in MBA/MMS course offered by over 300 colleges in Maharashtra.
Q: Can I appear for MAT from home?
- Aligns with your interests and passion to have a more fulfilling career.
- Identify long-term career objectives and how MBA specialisation can help you achieve career goals.
- Research the job market to understand which MBA specialisations are in demand.
- Evaluate existing skills and strengths to pursue MBA program.
- Connect with MBA professionals in your desired specialisation to gain valuable information about the field.
- Evaluate the potential return on investment for your chosen MBA specialisation, factoring in tuition costs and future earnings.
Also Read:
LLM Vs MBA
Check the table below to know the difference between LLM and MBA
Features |
LLM |
MBA |
---|---|---|
Focus |
Legal studies, delving in specific areas of Law |
Broad business education vovering management, leadership, finance, human resource, marketing and more. |
Duration |
2 years |
2 years |
Eligibility |
LLB graduate |
Graduate in any stream with minimum aggregate percentage. |
Entrance Exams |
CLAT, LSAT |
CAT, MAT, CMAT, IBSAT, IIFT and many more |
Target Audience |
Primarily for those seeking legal expertise, often pursued by lawyers aiming to apecialise in a specific field |
Individuals seeking leadership, managerial or entrepreneurial roles across various industries |
Career Path |
Roles in legal practice, academics, policy making |
Diverse sectors- Corporate management, consulting, entrepreneurship and more |
Skills |
Enhances legal research, advocacy and analysis skills |
Develops decision making, strategic thinking and business management skills |
Industries |
Legal profession, government or international organization |
Wise range of industries beyong law |
MBA Admission Process
Check below to know the MBA Admission process after LLB
Stage 1- Appear for MBA Entrance Exam- National or State level
Stage 2- Declaration of entrance test results
Sage 3- Fill the application form of B-schools to apply for
Stage 4- Shortlisting of candidates on the basis of MBA entrance test scores
Stage 5- Appear for the MBA selection rounds- Personal Interview, Group Discussion or Written Analytical Test
Stage 6- Final Admission
MBA After LLB: Entrance Exams
If you are willing to pursue MBA after BA you must appear for the national level or state-level examinations to get admission to top B-schools in India. Refer to the list of National level MBA entrance exams and State level MBA entrance exam below:
Q: Can I appear for CMAT at any test centre?
No, you cannot appear for the CMAT exam at any test centre. You can appear for the test at the centre mentioned in your CMAT admit card. Entry at every CMAT test centre is given to candidates only after thorough scrutiny of the hall ticket and ID proof. If you attempt to gain entry in any other test centre, you will be disqualified. Thus, candidates must make sure that they check the location of their allotted test centre beforehand and reach there on exam day on time. If they reach the test centre after the gates have been closed they will not be allowed entry under any circumstances. CMAT test centre gates close 15 minutes before the commencement of exam.
Q: What is the CAT eligibility criteria?
Q: What are MAT eligibility criteria?
Since MAT is an entrance exam for post graduate level management courses, the minimum eligibility criteria for MAT exam is graduation. Candidate should have completed graduation in full-time or part-time mode in Arts, Commerce or Science from a recognised university. The eligibility criteria for MAT PBT, CBT and IBT are the same. Final year graduation students who will be giving their final exam or awaiting results are also eligible to appear in MAT. There is no minimum score requirement in MAT. Candidates need to have passing marks in graduation.
However, MBA colleges have the eligibility criteria of minimum 50 per cent in graduation (45 per cent for SC/ST/PWD), thus candidates who aspire to pursue MBA need to ensure that they score a minimum of 50 per cent in graduation. SC/ST/PwD candidates need to have a minimum of 45 per cent in their Bachelor's degree programme. There is no age bar or appearing in MAT. Fresh graduates as well as working professionals can apply for MAT.
Q: Who is eligible for CLAT exam?
All those candidates who have passed the 10+2 examination or an equivalent examination from a recognised board with a minimum percentage of marks as specified by the participating universities are eligible to apper for CLAT 2025. Candidates who will be appearing for Class 12th exam are also allowed to appear for CLAT Exam 2025. In order to pursue LLM, it is important for candidates to have an LL.B. degree or should have completed an equivalent examination from a recognised university with a minimum percentage of marks as specified by the participating universities.
National Level MBA Entrance Exams
State Level MBA Entrance Exams
MBA After LLB: Top Colleges
Check the list of Top MBA universities accepting MBA entrance exam scores below:
- IIM Ahmedabad - Indian Institute of Management
- IIM Bangalore - Indian Institute of Management
- IIM Calcutta - Indian Institute of Management
- XLRI Xavier School of Management
- NMIMS School of Business Management, Mumbai
- IIM Lucknow - Indian Institute of Management
- Symbiosis Institute of Business Management, Symbiosis International, Pune
- Management Development Institute
- Jain Institute of Management and Research, Mumbai
- Indian Institute of Foreign Trade, Delhi
Also Read:
MBA After LLB: Jobs
MBA after BA LLB or MBA after BBA LLB opens various career paths. Check the table below to know the various job to be considered by MBA professionals after LLB:
Job Profile |
Job Description |
Average Salary |
---|---|---|
Business Lawyer |
Advise businesses on a variety of legal matters, such as contracts, mergers and acquisitions, and intellectual property. |
INR 5.8 LPA |
Corporate Lawyer |
Help with legal issues related to business operations. |
|
Legal Consultant |
Provide legal advice to businesses and individuals on a variety of matters. |
INR 6.1 LPA |
International Lawyer |
Works with businesses and governments to deal with legal issues that cross international borders. |
INR 4.4 LPA |
Firm Manager |
Oversee the day-to-day operations of law firms |
INR 11.6 LPA |
Finance Manager |
Responsible for the financial planning and analysis of businesses. |
INR 12 LPA |
Investment Banker |
Help businesses raise capital by issuing stocks or bonds |
INR 6.5 LPA |
Financial Analyst |
Analyse financial data to help businesses make informed decisions |
INR 4.5 LPA |
Source for Average Salary in India: Ambitionbox
The MBA After LLB salary can vary depending on the job profile, company, and location. Some of the factors that can affect the salary of an MBA after LLB graduate are:
• The specialization of the MBA degree
• The work experience of the graduate
• The reputation of the college from where the MBA degree is obtained
• The location of the job.
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Frequently Asked Questions (FAQs)
Q. Why is MBA better than LLM?
Ans. MBA after LLB is a popular option among law candidates. However, MBA after LLB offers various career choices over LLM after LLB. MBA after LLB help candidates become familiar with the corporate structure and practice business law.
Q. What is the duration of MBA after LLB?
Ans. The duration of the MBA programme after LLB is two years.
Q. What is the eligibility criteria to pursue MBA after LLB?
Ans. To pursue MBA after LLB candidates must be a graduate from a recognized or statutory institution. Candidate must have obtained minimum aggregate marks to appear for the MBA entrance exam.
Q. When are MBA entrance exams conducted?
Ans. MBA entrance exams are conducted from November-May. Different MBA entrance exams are conducted at different schedule. Candidates are advised to stay updated with the schedule of different MBA entrance exams.
Q. What are the job opportunities after MBA?
Ans. Some of the job opportunities for law graduates after MBA are:
- Business Lawyer
- Corporate Lawyer
- Legal Consultant
- International Lawyer
- Firm Manager
- Finance Manager
- Investment Banker
Financial Analyst
Shruti is a graduate in Education and Literature. She is a passionate writer. As her name suggests she is a good listener, a binge-watcher, and a great foodie. She loves playing badminton and doing meditation in her... Read Full Bio