MBA Business Law: Course Details, Eligibility, Admission, Fees
MBA Business Law is a two-year postgraduate degree that deals with the study of civil laws, lawsuits in the corporate world and commercial laws associated with an organization, firm, or industry. The job roles offered for graduates of MBA in Business Law in India are Business Analysts, Legal Advisors, Corporate lawyers, etc.
Table of Contents
- About MBA Business Law
- MBA Business Law Eligibility
- MBA Business Law Admission
- MBA Business Law Entrance Exams
- Top MBA in Business Law Colleges With Fees
- MBA Business Law Syllabus and Subjects
- MBA in Business Law Course Comparison
- Courses After MBA in Business Law
- Career Options After MBA in Business Law
- MBA Business Law Salary in India
- Skills to Excel in MBA Business Law
MBA Business Law Course Details
| Degree | Masters |
| Full Form | Master of Business Administration in Business Law |
| Duration | 2 Years |
| Entrance Exam | CAT, MAT, XAT, etc |
| Minimum Percentage | 50% in graduation |
| Average Fees | ₹8 - 25 LPA |
| Similar Options of Study | Master of Business Law, LLM in Business Law |
| Average Salary | INR 4-10 LPA |
| Employment Roles | Business Analysts, Legal Advisors etc |
About MBA Business Law
MBA in Business Law in India comes under the umbrella of MBA courses. MBA Business Law course focuses on the issues of both private and public laws. The course trains students with technical, managerial and leadership skills to thrive in the business. The course is divided into 4 semesters. MBA Business Law syllabus contains subjects like International Business Law, Business Communications, Economics and Management Decisions, etc.
MBA Business Law Admission 2023 is open to students who have completed a Bachelor’s degree in any relevant discipline with a minimum aggregate of 50% marks. The fees for MBA in Business Law vary from INR 8 to 25 Lakh.
As the number of startups and lucrative businesses are on the rise in the country, the scope of MBA in Business Law is good for graduates. Business Managers, Legal Managers, Professors, etc are some promising job roles offered to business law graduates.
Why Choose MBA in Business Law in India?
MBA Business Law course teaches students the commercial elements of law and organizational behavior. They will also learn about some essential business skills required to run an organization. Given below are some salient points why a student should pursue an MBA in Business Law:
- The business market in India is projected to grow by 11.45% from 2022-2027, resulting in a market volume of USD 59.51 million in 2027.
- India has become the 3rd largest ecosystem for startups globally with over 99,000 DPIIT-recognized startups across 670 districts.
- Business professionals, entrepreneurs, lawyers and accountants can enhance their skills related to law through this course.
- More details on Operations Research and Accounting for Managers are covered in MBA in Business Law India course.
Who Should Study MBA in Business Law?
Students who are interested in learning the various technical and managerial concepts related to Business can opt for MBA in Business Law India. Candidates who wish to set up their own businesses can also benefit from this course. MBA Business Law also helps students who wish to take up managerial roles in a company.
Read More: Why MBA? Top Reasons to Pursue an MBA in 2023
MBA Business Law Eligibility
The eligibility criteria for Master of Business Administration in Business Law course is through the required marks obtained in the graduation degree and entrance exams. Given below are some eligibility requirements for MBA Business Law course:
- Students should have completed a Bachelor’s degree in any relevant discipline with a minimum aggregate of 50% marks.
- Candidates should pass the required entrance exams like CAT, MAT, XAT, etc
MBA Business Law Admission
The admission process for the Master of Business Administration in Business Law course is either through merit or entrance exams depending on the type of university. Given below is the procedure for MBA Business Law Admission:
- Make a list of colleges offering the MBA in Business Law course and check the eligibility criteria.
- Candidates can visit the website and apply online after the announcement of the course application.
- All documents should be uploaded correctly during registration.
- Students must visit the respective college for offline registration and complete the application form by attaching the required documents.
- Test centers will be announced in the web portal to help the students in making a choice.
- After completion of the exam, results will be announced on the website.
- Based on the cut-off marks scored in the qualifying exam, candidates will be called for the counseling process.
- Candidates can then get admitted to their choice of college by producing original documents and after attending PI/GD.
Also, Check: MBA Admission Process
MBA Business Law Entrance Exams
The candidates get selected for the MBA in Business Law course based on the score obtained in the National/State-level or College-level entrance examinations. Some of the entrance examinations are listed below:
A Quick Glance of Entrance Exams
Given below are the different qualifying examinations that can be taken to pursue an MBA in Business Law. However, exam requirements vary from college to college.
| Exam Name | Type of Questions | Total Marks | Exam Duration | Marking Scheme |
| CAT |
MCQs and TITA type questions |
300 | 2 hours | +3 marks for right answer, -1 mark for the wrong answer |
| MAT | MCQs | 200 | 2.5 hours | +1 mark for right answer, -0.25 mark for the wrong answer |
| XAT | MCQs and Essay type | 180 | 3 hours | +1 mark for right answer, -0.25 mark for the wrong answer |
| ATMA | MCQs | 100 | 3 hours | +1 mark for right answer, -0.25 mark for the wrong answer |
Also, Check: MBA Entrance Exams
Top MBA in Business Law Colleges With Fees
The average MBA Business Law fees vary from INR 8 to 25 Lakh. The fees also differ according to college. Given below is a list of some colleges offering an MBA in Business Law in India:
| Name of College | Average Tuition Fees |
| NMIMS University | INR 14.04 lakh |
| IIT Kharagpur | INR 23 lakh |
| UPES Dehradun | INR 11.44 lakh - INR 15.72 lakh |
| Apex Professional University | INR 75,000 |
MBA Business Law Syllabus and Subjects
Various important subjects related to International Business Law and Law of Sale of Goods are listed in the two-year MBA Business Law course. The subjects taught in the course may differ from one college to another. However, some common MBA Business Law subjects are listed below:
- The Law of Contract
- The Sale of Goods Act
- Introduction to Business Law
- The Companies Act
- Banking and Insurance Law
- Law of Partnership
- Law of Sales of Goods
- Law of Negotiable Instruments
- International Business Law
- International Trade Law
Year-wise MBA Business Law Syllabus
MBA in Business Law Syllabus covers various topics on Business Laws, Trade Laws, Partnerships etc. MBA Business Law duration is 2 years. Given below is the MBA Business Law Syllabus for First and Second Year:
| 1st Year | 2nd Year |
| Introduction to Business Law | International Accounting and Finance |
| Economics & Management Decisions | The Negotiable Instruments Act |
| Law of Contracts | The Companies Act |
| Consumer Protection Act | Banking And Insurance Law |
| International Business Law | Law of Partnership |
| International Human Resource Management | Operations Management |
| Marketing and Finance | Intellectual Property Law |
| Strategic Management | Dissertation/Project |
Also, Check: MBA Syllabus and Subjects
MBA in Business Law Course Comparison
Students usually compare MBA Business Law courses with other courses related to Business Law and legal Studies. Some comparable courses can also help the students gain knowledge on the same.
MBA Business Law vs Master of Business Law
Given below are the key differences between MBA Business Law and Master of Business Law.
| Parameter | MBA Business Law | Masters of Business Law (MBL) |
| Type | Master’s degree | Master’s degree |
| Duration | 2 years | 2 years |
| Entrance Exam | CAT, MAT, etc | CAT, MAT, etc |
| Focus Area | The course aims to teach students civil laws, corporate laws in businesses, etc | The course aims to teach students commercial elements of law and legal matters |
| Job Opportunities | Business Analysts, Business Managers, etc | Legal Advisors, Legal Consultants etc |
| Average Salary | INR 4-10 LPA | INR 3-9 LPA |
MBA Business Law vs LLM in Business Law
Given below are the important differences between MBA in Business Law and LLM in Business Law:
| Parameter | MBA Business Law | LLM in Business Law |
| Type | Master’s degree | Master’s degree |
| Duration | 2 years | 2 years |
| Entrance Exam | CAT, MAT, etc | CLAT, LSAT, etc |
| Focus Area | The course aims to teach students civil laws, corporate laws in businesses, etc | The course aims to teach students business governance and business liabilities |
| Job Opportunities | Business Analysts, Business Managers, etc | Advocates, Legal experts,Legal Reports, etc |
| Average Salary | INR 4-10 LPA | INR 3-12 LPA |
Courses After MBA in Business Law
Students can get a question like “What to do after MBA in Business Law?”. There are ways for them to enhance their skills Business Communication and Business Laws. They can do another course after their Master of Business Administration in Business Law Course. Given below are some courses:
- PhD in Business Law
- Online certifications/courses
- Civil Services Examinations
Also, Check: Business Law Courses in India
Career Options After MBA in Business Law
There are several job roles offered to students of MBA in Business Law in India courses. Given below is a list of popular firms or areas that offer MBA Business Law jobs:
- Law Firms
- NGOs
- Corporate companies
- Professors in Colleges/Universities
- News Channels
- Banks
- Legal Consultancies
- Sales Tax and Excise Departments
MBA Business Law Salary in India
The average MBA Business Law salary for graduates in India is INR 4-10 LPA. However, the salary changes according to the job profile and experience. Salaries offered by some top companies for Master of Business Administration in Business Law are:
| Company | Lowest Salary (INR) | Average Salary (INR) | Highest Salary (INR) |
| TCS (0 to 13 yrs) | 2 LPA | 7.6 LPA | 23.5 LPA |
| Accenture (0 to 10 yrs) | 2 LPA | 9 LPA | 27 LPA |
| Wipro (0 to 12 yrs) | 2.8 LPA | 9.7 LPA | 27.8 LPA |
| Infosys (0 to 10 yrs) | 3 LPA | 9.1 LPA | 25 LPA |
| Law Firms (1 to 4 yrs) | 1 LPA | 3.6 LPA | 12 LPA |
| HDFC Bank (0 to 15 yrs) | 2.1 LPA | 5.7 LPA | 10 LPA |
| Decathlon (3 to 8 yrs) | 8.1 LPA | 14.2 LPA | 22 LPA |
| Reliance JIO (1 to 17 yrs) | 2 LPA | 4.2 LPA | 11.2 LPA |
[Source: Ambition Box]
Skills to Excel in MBA Business Law
Candidates are required to have the skills listed below to perform well in the MBA in Business Law course:
- Negotiation Skills
- Business Awareness
- Communication Skills
- Analytical and Presentation Skills
- Familiarity with Industry Standards
- Teamwork
- Logical Reasoning
- Critical Thinking & Problem Solving
Top MBA Business Law Colleges
Top Management Entrance Exams
Exam Date: May 19, 2024
MBA Business Law Fee Structure
FAQs
What is the scope of MBA in Business Law?
The scope of MBA in Business Law is good as the course is career-oriented. Students can seek managerial roles in both private and public sector companies.
Who is eligible for MBA Business Law Admission?
Students who have completed a Bachelor’s degree in any relevant discipline with a minimum aggregate of 50% marks can opt for this course.
What are the MBA Business Law fees?
The average fees for MBA Business Law course varies from INR 8-25 Lakh.
What are some important subjects taught in MBA Business Law courses?
Introduction to Business Law, Law of Contracts, Law of Partnerships, etc are some core subjects taught in MBA Business Law course.
What is the salary for MBA Business Law graduates?
The average salary offered to graduates of MBA Business Law ranges from INR 4 to 10 LPA.
Is an MBA in Business Law course difficult?
No, students who have an interest in business and legal matters can clear MBA Business Law course.