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    MBA After LLB: Salary, Roles

    AdminBy AdminOctober 18, 20245 Mins Read
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    To all LLB graduates planning to pursue an MBA, this is an excellent decision. Not many people may realize this, but lawyers who develop management skills often go on to build highly successful careers. With the powerful combination of an LLB and MBA, you can unlock numerous high-paying opportunities, such as becoming a corporate lawyer, business consultant, legal advisor, and more. So, before you dive into your CAT online coaching routine, take a moment to explore how an MBA after an LLB can pave the way for an exceptional career path.

    Contents
    Why MBA After Law?Benefits of Pursuing MBA After LLBDiverse Career OptionsHigher Earning PotentialCorporate Law ExpertiseBusiness ExpertiseAdaptabilityMBA After LLB: CareerHow to Take Admission in MBA? You can also check out:You can also check out:

    Table of Contents

    Toggle
    • Why MBA After Law?
    • Benefits of Pursuing MBA After LLB
        • Diverse Career Options
        • Higher Earning Potential
        • Corporate Law Expertise
        • Business Expertise
        • Adaptability
    • MBA After LLB: Career
    • How to Take Admission in MBA? 
      • You can also check out:
      • You can also check out:

    Why MBA After Law?

    An LLB (Bachelor of Laws) is an undergraduate degree that lays the foundation for a career in the legal field. It provides students with in-depth knowledge of various laws and their practical applications.

    On the other hand, an MBA (Master of Business Administration) is a postgraduate degree that focuses on developing business management and leadership skills. Moreover, an MBA curriculum covers essential business areas such as finance, marketing, human resources, operations management, and entrepreneurship.

    Pursuing an MBA after LLB is truly a great decision. So, let’s dive into the key benefits of pursuing these two powerful degrees together.

    Benefits of Pursuing MBA After LLB

    Diverse Career Options

    With an MBA after LLB, you can get expertise in both law and business fields. You can work as a lawyer, consultant, or in management. Further, this combination opens doors to diverse sectors, including law firms, corporate offices, and startups.

    Higher Earning Potential

    Combining an MBA with an LLB increases your salary prospects. In fact, companies value professionals with both legal and business knowledge. So, this dual expertise often leads to higher-paying jobs, especially in senior roles.

    Corporate Law Expertise

    Large companies require legal experts who also possess managerial expertise. Thus, an MBA after an LLB provides a holistic view of the legal world and key business areas. Further, this comprehensive understanding makes you a valuable asset to employers, as you can offer well-rounded advice on legal matters while keeping business goals in mind.

    Business Expertise

    Many aspiring entrepreneurs hesitate to start their businesses simply because they lack awareness of the process. So, an MBA equips you with a strong foundation in business principles, such as finance, marketing, and operations. Coupled with an LLB, you gain a deep understanding of the legal complexities involved in starting and running a business. Further, this powerful combination positions you for success.

    Adaptability

    The combination of law and business makes you adaptable to different industries. Thus, whether it’s finance, healthcare, technology, or retail, your skills will be relevant, allowing you to move between sectors with ease.

    Tip:
    If you’re just starting your preparation, start with the analysis of the most important topics. The syllabus of Quant is a bit on the higher side. So, we’d like to recommend you to check the CAT syllabus as you’ll not miss out on any important topics.

    MBA After LLB: Career

    Career OptionIndustryAverage Salary (Approx)
    Corporate LawyerCorporate Law, Business8 – 18 LPA
    Business ConsultantConsultancy, Advisory10-20 LPA
    Legal ConsultantLegal, Freelance, Business6-15 LPA
    Compliance OfficerCorporate, Finance, Tech8-10 LPA
    EntrepreneurStartups, Various SectorsDepends on business success
    General CounselLarge Corporations20-30 LPA
    Human Resource ManagerHr, Corporate, Business10-15 LPA
    Project ManagerIt, Construction, Corporate10-15 LPA
    International Business SpecialistGlobal Business, Trade10-15 LPA
    Mergers And Acquisition ExpertCorporate Law, Finance20-30 LPA
    Business Development ManagerSales, Marketing, Corporate12-15 LPA
    Risk ManagerBanking, Insurance, Corporate12-20 LPA
    Government AdvisorGovernment, Public Sector8-15 LPA
    Operations ManagerManufacturing, Corporate8-18 LPA
    Chief Executive OfficerVarious Industries35+ LPA (Depends on Company)
    Real Estate ConsultantReal Estate, Law, Consultancy10-15 LPA
    Tax ConsultantFinance, Corporate Law10-12 LPA

    How to Take Admission in MBA? 

    • Research and Select Your MBA College
      Research and select the right MBA college based on factors such as reputation, rankings, placement records, faculty, and specializations. Consider factors like location, alumni network, and program fees. Research both domestic and international options, and match your career goals with the program’s strengths.
    • Meet the Eligibility Criteria
      Ensure you fulfill the eligibility requirements for admission, such as completing a bachelor’s degree with a minimum aggregate percentage. Some institutes may also consider work experience and extra-curricular achievements. It’s important to check the specific eligibility criteria for each college.
    • Prepare for the Entrance Exam
      Entrance exams like CAT, XAT, SNAP, GMAT, etc., test candidates’ aptitude in areas like quantitative ability, verbal skills, and logical reasoning. Develop a preparation strategy that includes mock tests, study materials, coaching classes, and time management. This phase is very important for admission.
    • Submit Applications
      After shortlisting colleges, start applying online through their respective websites or the  admission portals. Ensure all required documents, like academic documents, entrance test scores, and letters of recommendation (if needed), are submitted before the deadline to avoid disqualification.
    • Attend the Admission Process
      Once shortlisted, candidates are required to attend interviews, group discussions, or written ability tests as part of the selection process. This step assesses the candidate’s communication skills, leadership qualities, and fit for the program. Institutes vary in their exact selection process.
    • Receive Offer Letters
      Successful candidates receive an offer letter from the institute, which confirms their admission. The letter contains details about the program start date, fee structure, and other formalities. Students must accept the offer and complete the admission process within the stipulated time frame.
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