Explore Courses
Top University
Manavta
09 May, 2025
Table of Contents
“Being a lawyer is not merely a vocation. It is a public trust, and each of us has an obligation to give back to our communities.” – Janet Reno
Let us welcome the legal giants of the country to the fascinating interface of law and business. The dilemma of the best MBA for lawyers grows as you consider the many options that await your skills, standing at the crossroads of your academic and professional journey.
Don’t worry. In this exciting adventure, we will solve the puzzles and reveal the hidden secrets of the corporate world, all designed to sharpen your legal knowledge. Prepare yourself for a fascinating journey where the art of negotiation and the science of strategy collide at the crossroads of justice and business. In this blog, let’s explore the best MBA for lawyers and its various specialisations.
There are several reasons to consider pursuing an MBA after law (LLB or LLM), all of which emphasise the importance and value of this degree. A legal education certainly provides students with a broad range of analytical skills, critical thinking, and an in-depth knowledge of justice and law. Combining this with an MBA law degree opens up a world of previously untapped possibilities and profound potential.
Here’s why choosing this path is a wise choice:
An MBA expands your skill set by including strategic thinking, leadership, finance, marketing, and operations management, while a legal education gives you analytical skills and a thorough understanding of law and justice.
An MBA after law increases your chance to explore a career in industries outside of traditional legal practice. With an MBA, you can pursue numerous career paths like corporate law, compliance, consulting, entrepreneurship, and politics.
In today’s complex global marketplace, having a solid understanding of the complexities of finance, management, and business operations is essential. An MBA gives you the information and abilities to succeed in leadership positions, promote organisational expansion, and make wise strategic choices. After doing an MBA post LLB/LLM, you can also establish your own law firm with the entrepreneurial skills learnt in the course.
In today’s competitive environment, combining legal knowledge with business expertise produces a potent combination that is highly valued. You become an advantage to companies in jobs like corporate governance, risk management, and compliance because of your ability to handle legal complexity in a commercial setting.
An MBA allows you to connect with experts from businesses, different backgrounds, and places, providing significant networking opportunities.
The extensive knowledge gained on various laws in an LLB and LLM complements an MBA specialisation. From safety to international trade, corporate law to entrepreneurship, the range of possibilities offers a tempting array of pathways, each with its benefits and challenges.
Specialisations that you can choose after LLB/LLM are Event Management, Project Management, Media Management, Materials Management, Airlines Management, Hotel Management, Systems Management, and Sales and Marketing. However, choosing the best specialisation in MBA after law from these options requires a diligent thought process based on one’s interests, strengths, and professional goals.
The top MBA specialisations for LLB and LLM graduates are as follows:
| Specialisation | Description |
|---|---|
| Banking | This programme focuses on financial institutions, banking operations, risk management, lending, and financial regulations. |
| International Business | It concentrates on global trade, cross-border transactions, international market analysis, and cultural understanding. |
| Retail Management | It involves managing retail operations, merchandising, inventory control, customer service, and store management. |
| Business Economics | It examines economic principles applied to business decision-making, market analysis, pricing strategies, and policies. |
| Data Analytics | It focuses on utilising data to derive insights for business decisions, employing statistical analysis, machine learning, and tools. |
| Finance | It covers areas like investment management, financial analysis, corporate finance, capital markets, and risk assessment. |
| Entrepreneurship | It focuses on developing entrepreneurial skills, business planning, startup management, innovation, and venture capital. |
| Logistics Management | It deals with supply chain management, transportation, inventory control, warehousing, and distribution strategies. |
| Marketing Management | It concentrates on market research, branding, product development, advertising, digital marketing, and consumer behaviour. |
| Business Analytics | It focuses on integrating data analysis with business strategy, focusing on predictive modelling, optimisation, and decision support. |
Here you can see the eligibility requirements for an MBA with a law degree.
LLB and LLM graduates who opt for an MBA often discover that they are well-suited to pursue rewarding and substantial careers across industries. The following are some occupational roles for MBA with law degree and the related average salaries:
| Job Roles | Average Salary Range |
|---|---|
| Risk Management Director | INR 7.7 LPA – INR 19.7 LPA |
| Corporate Lawyer | INR 6 LPA – 32 LPA |
| Legal Consultant | INR 7.8 LPA – 24 LPA |
| Law Firm Manager/ Legal Manager | INR 7.8 LPA – 28 LPA |
| Marketing Specialist | INR 7 LPA – 23 LPA |
| Chief Financial Officer | INR 8 LPA – 26 LPA |
| Operations Research Analyst | INR 8.9 LPA – 28 LPA |
| Policy Analyst | INR 8.9 LPA – 29 LPA |
| Data Scientist | INR 7 LPA – 27 LPA |
| Logistics Manager | INR 8 LPA – 29 LPA |
Source: AmbitionBox
An MBA for lawyers requires thorough research on the college. You must consider key points to choose the best one for yourself. Such key criteria to consider are:
✅ Accreditations and recognitions | ✅ Curriculum | ✅ Faculty
✅ Student Support | ✅ Networking Opportunities | ✅ Placement
Given is a list of colleges with a fee structure for MBA for law graduates.
| Name of College | Average Fees |
|---|---|
| Amity Online | INR 1,99,000 (Full Course) |
| Online Manipal | INR 1,75,000 – 2,60,000 (Full Course) |
| IGNOU | INR 62,000 (Full Course) |
| Jain University Online | INR 75,000 – 1,30,000 (Per Year) |
| Bharathi Vidyapeeth Deemed to be University | INR 1,60,000 (Full Course) |
In conclusion, graduates of LLB and LLB programmes can access a broad spectrum of rewarding professional prospects by pursuing an MBA. By exploring the variety of career options and pay scales that are open to LLB and LLM graduates with an MBA, there are numerous possibilities. Graduates of legal and business schools are proficient in succeeding in several roles and industries, whether their goals are to practice law in a corporate setting, advise on compliance issues, or launch their businesses.
No, after an MBA, you cannot directly pursue an LLM. You need to have an LLB degree to pursue an LLM. An MBA is a business-focused degree, not a law degree. An MBA has exposure to business and management. However, you can do an MBA after an LLM degree.
The salary of an MBA LLM is around 7 LPA to 28 LPA. However, the salary range depends on location, organisation and experience.
Yes, it is possible to become a lawyer after completing an MBA. In India, you can enroll in an LLB programme after your MBA. There is no upper age limit for LLB courses. However, you can pursue a direct LLB, either the 3-year course or the 5-year integrated programme.
Our team of experts, or experienced individuals, will answer it over online meet. Book your slot now!
Book Free Online Counselling
