Answers (3)
CA Janvi Janani 3rd Apr, 2021

Hello,

* 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.

* 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.

  • Corporate Law

  • Labour Law

  • Business Law

  • Criminal Law etc.

* 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 Profile Starting Salary Mid Level Salary Senior Level Salary
Marketing Manager Rs. 3 - 4 LPA Rs. 7 LPA Rs. 10 - 15 LPA
Project Manager Rs. 4 - 5 LPA Rs. 15 LPA Rs. 20+ LPA
Business Analyst Rs. 3 - 4 LPA Rs. 6 LPA Rs. 10+ LPA
Management Consultant Rs. 3 - 4 LPA Rs. 11 LPA Rs. 20+ LPA

* Salary after LLB

Job Profile Starting Salary Mid Level Salary Senior Level Salary
Lawyer Rs. 2 - 3 LPA Rs. 4 LPA Rs. 9 - 10 LPA
Corporate Lawer Rs. 5 LPA Rs. 7 LPA Rs. 10 LPA
Legal Analyst Rs. 2 - 3 LPA Rs. 4 - 5 LPA Rs. 7 LPA
Civil Lawyer Rs. 2 - 3 LPA Rs. 8 LPA Rs. 20+ LPA


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

* Conclusion :

  • Both the above mentioned professional degrees have their own respective salary prospects, which could definitely vary in future. Keeping in mind their pros & cons, choice is upto you that for which field & sector you want to opt for with respect to better salary prospects after pursuing either MBA or LLB. Both the reputed degrees have good packages in various different streams/fields, but yes salary figures can definitely go up & down keeping in the mind future situations & circumstances and also their own respective terms & conditions.

* Hope this information helps !!

* Good Luck !!

Heena Agrawal 23rd Mar, 2021
Hi...
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 Profile marketing manager
Starting Salary  Rs 3-4 LPA
Mid Level Salary  Rs 5-7 LPA
Senior Level Salary Rs 10-15 LPA

Project Manager Rs. 4 - 5 LPA Rs. 15 LPA Rs. 20+ LPA
Business Analyst Rs. 3 - 4 LPA Rs. 6 LPA Rs. 10+ LPA
Management Consultant Rs. 3 - 4 LPA Rs. 11 LPA Rs. 20+ LPA

Salary after LLB

Job Profile Starting Salary Mid Level Salary Senior Level Salary
Lawyer Rs. 2 - 3 LPA Rs. 4 LPA Rs. 9 - 10 LPA
Corporate Lawer Rs. 5 LPA Rs. 7 LPA Rs. 10 LPA
Legal Analyst Rs. 2 - 3 LPA Rs. 4 - 5 LPA Rs. 7 LPA
Civil Lawyer Rs. 2 - 3 LPA Rs. 8 LPA Rs. 20+ LPA
Choice is yours!
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ginnisachdeva02_9364270 Student Expert 23rd Mar, 2021

Hello there!

MBA and LAW both are entirely different courses. And both of these degrees has a lot of specilizations such as in law there are LLB, LLM, Masters of business law, integrated law degrees (BBA LLB, BCOM LLB) and much more. In MBA specializations list includes MBA in IT, logistics management, business management, market management, human resource, finance etc. The fee of these courses also varies, on an average the fee for LLB is less than the fee of MBA. As MBA is a PG degree so it adds a X-factor in to the CV that the candidate has done a specialization in the management of business world whereas LAW includes UG and PG degrees both, so LAW with PG or intergrated degree has a good demand. Same goes for salary, generally the salary of a law aspirant is around 5 LPA and for MBA candidates it can be around 7 LPA.

Hope I answered your query, thankyou!

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