MBA vs LLB: Which One is Best Option? Scope, Career Prospects, Jobs, Salary

Abhinav ChamoliPublished On: June 19, 2020

Students are often confused about whether they should pursue an MBA or an LLB after graduation. Check this detailed comparison of MBA and LLB course with a comparison of the scope, jobs and salary of both courses.

MBA vs LLB

There are many students in India who stay confused about which course to take up after graduation. There are plenty of choices of graduation courses available in India. If we categorise broadly, the following two types of postgraduate courses emerge on the basis of eligibility criteria.

  1. Stream-Specific Courses: These are courses which are limited to students who have completed graduation in the same or a related stream. These include courses such as Doctor of Medicine (MD), Master of Technology (MTech) etc.
  2. Stream-Independent Courses: These are the courses which are open to students of all streams. These courses have the potential to allow a student to develop skills in addition to their own discipline and even pave for students towards new career options.

Two such postgraduate courses which are not relevant to any particular stream only are Master of Business Administration (MBA) and Bachelor of Law (LLB). Graduates are often confused whether they should go for an MBA or an LLB course. In such a situation, students should carefully compare MBA and LLB courses and take a look at the salient feature of both courses in order to help make a decision.

In this article, we have provided a detailed course comparison of MBA vs LLB. We have taken a look at factors that will help you choose between an MBA and LLB course such as the job opportunities, career score, salary etc.

MBA vs LLB: Overview

FeatureMBALLB
Full NameMaster of Business AdministrationBachelor of Law (Legum Baccalaureus)
StreamManagementLaw
Duration2 years3 years
EligibilityGraduation in any stream with 45% marksGraduation in any stream
Admission ProcessEntrance Exam + GD + PIEntrance Exam + Counselling
Entrance Exams

List of MBA Entrance Exams in India

List of Law Entrance Exams in India

Premier InstitutesIndian Institutes of Management (IIMs)National Law Universities (NLUs)
Approx. Average Course Fee5 lakhs1.5 lakhs
Approx. Average SalaryRs. 7 LPARs. 5 LPA
Also Read:MBA Admission ProcessLLB Admission Process

MBA vs LLB

An MBA is a professional postgraduate course in management. It is a course that prepares a candidate for a career in the field of business management and administration. Students in an MBA programme gain theoretical as well as practical skills that are beneficial in administrative positions, which are primarily relevant to businesses. However, the same skills acquired during an MBA course can be used in various other organizations as well.

LLB, on the other hand, is the bachelor's level course in the field of law. While the course itself is a bachelor's level, it can only be pursued after a student has completed graduation. The course involves the broad study fo constitutional law including its various fields. After completing an LLB course, a student becomes eligible to register himself/herself as a lawyer and practice law in India.

MBA vs LLB: Job Opportunities and Career Scope

Both MBA and LLB are well-recognized courses that open up excellent career opportunities for the students. However, since both of these courses are very different, the career pathways after both courses are vastly different.

Career after MBA

MBA is a degree that can not only help fresh graduates enhance their academic value but also provide working professionals with a boost in their career goals. Here are some of the major sectors that recruit MBA graduates in India.

  • Banking and Financial Services (BFSI)

  • Management / Tech Consulting

  • Telecommunication

  • Investment Banking etc.

MBA graduates may work in the following fields:

  • Business Management

  • Marketing

  • Finance

  • Sales

  • Human Resource Management

  • Analytics etc.

The sector of work for an MBA graduate depends on the MBA specializations they opt for.

MBA is a very versatile course that has a high demand in the private sector. There are plenty of job opportunities after MBA in the Government Sector as well.

The popular job roles offered to MBA graduates include:

Also Read:Job Opportunites after MBA in India

Career after LLB

LLB offers innumerable career opportunities in the world's largest democracy with a vast judicial system. The course itself has a number of niches and also allows candidates to go for further studies and specializations with a Master of Law (LLM) course. Here are some of the areas where LLB graduates can explore career opportunities.

  • Private Practice

  • Law Firms

  • Legal Departments of Businesses

  • NGOs

  • Law Consultancies

  • Government Departments etc.

Given below are the various fields of law which can be chosen after an LLB degree.

  • Corporate Law

  • Labour Law

  • Business Law

  • Criminal Law etc.

Here are the common job profiles available for students with an LLB degree.

Also Read:Career Opportunities after Law

There is quite an interesting career pathway that combines both MBA and LLB that many students opt for. Check out the article on MBA after Law and find all of the details such as the process, eligibility and benefits.

MBA vs LLB: Salary Prospects

MBA and LLB are both degrees that have a high market value. The tables below show the salary data for different job profiles of MBA and LLB. Candidates must keep in mind that the salary of a student will depend on a wide range of factors such as academic qualification, the reputation of college etc.

Salary after MBA

Job ProfileStarting SalaryMid Level SalarySenior Level Salary
Marketing ManagerRs. 3 - 4 LPARs. 7 LPARs. 10 - 15 LPA
Project ManagerRs. 4 - 5 LPARs. 15 LPARs. 20+ LPA
Business AnalystRs. 3 - 4 LPARs. 6 LPARs. 10+ LPA
Management ConsultantRs. 3 - 4 LPARs. 11 LPARs. 20+ LPA

Salary after LLB

Job ProfileStarting SalaryMid Level SalarySenior Level Salary
LawyerRs. 2 - 3 LPARs. 4 LPARs. 9 - 10 LPA
Corporate LawerRs. 5 LPARs. 7 LPARs. 10 LPA
Legal AnalystRs. 2 - 3 LPARs. 4 - 5 LPARs. 7 LPA
Civil LawyerRs. 2 - 3 LPARs. 8 LPARs. 20+ LPA

Note: All of the salary figures and approximate averages. The actual salary for each of the profiles can vary.

MBA vs LLB: Colleges

Here are some of the colleges in India that offer good MBA and LLB courses.

Popular Colleges Offering MBA in India

Colleges

Location

Course Fee

Jagannath Institute of Management Studies (JIMS)

New Delhi

5.34

JECRC University

Jaipur

2.50

NIIT University

Neemrana

5.00

Faculty of Management Studies (FMS)

Delhi

0.20

Mody University

Sikar

6.90

Narsee Monjee Institute of Management Studies (NMIMS)

Mumbai

17.50

CT Group of Institutions

Jalandhar

1.74

Management Development Institute (MDI)

Gurgaon

17.50

Bangalore Institute of Management & Sciences (BIMS)

Bangalore

--

Suresh Gyan Vihar University (SVGU)

Jaipur

4.00

Popular Colleges for LLB in India

College

Location

Course Fee
( in Rs. lakhs)

Ansal University

Gurgaon

6.39

Sandip University

Nashik

1.65

Lovely Professional University (LPU)

Phagwara

4.68

Apex University

Jaipur

0.90

Banaras Hindu University (BHU)

Varanasi

7.98

NIMS University

Jaipur

1.59

SAGE University

Indore

1.35

The ICFAI University

Dehradun

2.40

National Law University (NLU)

Delhi

4.14

Mansarovar Global University (MGU)

Sehore

2.55

For help with admissions, fill our Common Application Form (CAF) or reach out to our toll-free student helpline number 1800-572-9877.

When choosing between the two courses, compare the factors given above to your career goals to have a clear idea of which pathway you wish to take. If you have any doubts, you can contact our experts on the CollegeDekho QnA Zone

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