Confused about your exam or college applications?
Be the First to Know
Get Access to Latest Updates
The scope and field of law in India is at an all-time high over the last few years. This not only makes the stream extremely popular but also gives candidates innumerable new and innovative opportunities for their career growth. Due to the vastness of the field, the law brings to the table many options for students who aspire to make a career in law. One of the most common queries that students pursuing law have is that can they do an MBA after law. This article provides candidates with similar interests with all the information about pursuing an MBA after law, its benefits, as well as best colleges.
Master of Business Administration (MBA) is one of the most sought after postgraduate programmes in the country and students can get admission to the top MBA colleges in India after completing their bachelor’s in law. Usually, the law students who wish to make their career in Corporate Law and fields similar to it prefer going for a master's degree in business studies.
Step by Step Guide on How to Pursue MBA After Law
Some important facts that a student should know before going for an MBA after law have been listed below. These points will give proper insight to students regarding how to pursue an MBA after completing their law degree.
- Students must have chalked out their future career plans before proceeding with an MBA after law. They must weigh the pros and cons and choose the best option for themselves.
- It is mandatory for candidates to have a bachelor's or an integrated undergraduate degree in law as MBA is a master's level course.
- Some management colleges require students to have certain work experience before they start with their MBA course. Hence, candidates must check if the college they are targeting has this rule or not.
- Candidates will have to appear for a competitive MBA entrance examination that is accepted by the college in which they seek admission.
- Choosing the ideal MBA specialisation is of paramount importance because that will play a major role in mapping the career graph of the candidate.
Eligibility Criteria for MBA After Law
Before applying for admission to any course, every student must be aware of the prerequisites that are set by particular institutes for that programme. Candidates should have complete knowledge of the MBA eligibility criteria after completing their law degree. The set of conditions are more or less the same for every college but institutes might have some specific criteria restricted to their MBA admissions. Therefore, all candidates must go through the eligibility criteria for MBA of the college in which they seek admission before they apply for the same. The application forms of students who do not meet the conditions will be rejected and their candidature will be cancelled. The basic MBA eligibility criteria followed by most of the institutions have been listed below.
- All candidates must have completed their education up to the graduation level.
- Given that the interested applicants will be law students, they must have either a bachelor degree in law or must have completed an integrated law course.
- The university or college from which students obtain their undergraduate degree in law must be recognised and approved by the University Grants Commission (UGC) and the Bar Council of India (BCI).
- Students who apply after completing Bachelor of Law (LL.B) must have completed a valid undergraduate degree from a recognised university prior to that. No restrictions regarding the stream and discipline of the UG degree are applied.
- Candidates who have done an integrated law course like B A LLB, BBA LLB, BCom LLB, BSc LLB, BTech LLB, etc. are also eligible to apply.
- The aggregate marks scored by students in their qualifying degree must not be less than 45 per cent to 50 per cent.
- The candidates must have received passing marks in all the subjects that they have in their graduation.
- The students will have to get some work experience of the required duration if they are applying to a college that accepts applications of candidates only after they have had some work experience.
- When shortlisting colleges for admission, candidates must check the MBA entrance exam that is accepted by the college for selecting students. It is mandatory for them to appear for the exam and get a valid score before the application process ends. Some colleges, however, admit students on the basis of their merit in the qualifying examination.
- Some MBA colleges may also conduct rounds of Group Discussion and Personal Interview for selecting students. Hence, the applicants must be prepared for these rounds as well.
Benefits of Pursuing MBA After Law
While some people might think that going forward with a masters in business administration after studying law at the undergraduate level is not the best combination, there are several reasons to defy this unpopular opinion. There are many benefits of pursuing an MBA after law provided the candidate has a good idea about his/ her future professional plans. Check the list of points given below that explain why doing an MBA after law is a good choice.
- One of the most important pros of pursuing an MBA after law is that a degree in business and management along with a degree in law degree creates a wider range of avenues for individuals.
- Candidates can get recruited not only in a myriad of sectors but also for diverse job roles. Many new opportunities open for law graduates who also have a degree in MBA.
- MBA bridges any knowledge gap that can be found when an individual works in the corporate field. It gives an extra edge to the candidate’s overall knowledge and working style.
- The study of law helps students in imbibing a more rigorous style of thinking and through ab MBA they can develop skill sets such as that of teamwork and quantitative analysis. These things are taught more comprehensively in business schools and students can acquire more practical knowledge of corporations and businesses.
- A combination of MBA and law studies acts as a gateway to entrepreneurship and will definitely come in handy if a candidate is looking to establish his/ her own law firm.
- An MBA degree additionally helps candidates in building a sound network while starting a new venture because of the fact that a large number of MBA graduates have start-ups or ties with the ones that would boost up one’s business to a large extent.
- A dual degree in the fields of law and management is of enormous use for transactional attorneys.
- The salary of a candidate who has a law degree as well as an MBA degree is much higher than someone who is just a law graduate. Not only is this combination helpful for career growth and expansion but it also assures better financial stability.
Career Prospects of MBA After Law
The career prospects that open for candidates who do an MBA after law are diverse as well as lucrative. The best job prospects are for those individuals who are interested in corporate law, mergers and acquisitions, corporate governance, takeovers, investment and banking, financial and management accounts, etc. The combination of law and management studies gives an upper hand to candidates and improves and their proficiency in both areas dramatically.
An MBA after law is one of the dual degrees that are especially needed in light of the globalising economy in which the demand for both is at its peak. Hence, to have both of the most demanded degrees in an individual is a huge temptation for companies and organisations all over the world and it assures a significant career growth of the degree holder. The presence of this demand can be witnessed quite clearly in the corporate sector where a mix of management and law qualifications is considered to be a good and rare combination.
Some of the sectors in which candidates can get jobs easily after completing their law and MBA degrees have been given below.
- Law Firms
- Real Estate
- Investment Banking
- Retail and Supply Chain Management
- International Business
- Government and PSUs
- Service Industries
- Tourism and Hospitality
Best Colleges for Pursuing MBA After Law
Enrolling in a good management college to complete the degree of Master of Business Administration is of utmost importance with respect to the quality of education and career growth both. Some of the best MBA colleges have been listed below and interested candidates can check their admission process and consider them for pursuing their MBA degree after law.
- Indian Institute of Management Ahmedabad (IIM Ahmedabad)
- Jaipur National University - (JNU) Jaipur
- KIIT School of Management - (KSOM), Bhubaneswar
- Bangalore Institute of Management Studies - (BIMS), Bangalore
- Invertis University - (IU), Bareilly
- Ansal University - (AU), Gurgaon
- NIMS University - (NIMS Jaipur), Jaipur
- Indian School of Business - (ISB), Hyderabad
- Faculty of Management Studies - (FMS), Delhi
- Narsee Monjee Institute of Management Studies - (NMIMS), Mumbai
Stay tuned to CollegeDekho to get more information about law admissions in India or MBA admissions in India. In case candidates have any doubts or queries, they can write to the CollegeDekho QnA Zone where experts will answer all of their questions. They can also fill our Common Application Form (CAF) if they seek admission to a leading college in the country.