Courses Overview : Master Of Business Law(M.B.L)

Course Details: of Master of Business Law (M.B.L)

The Master of Business Law (MBL), is a two years postgraduate Business Law Degree course in India. The study provides in-depth legal knowledge of issues such as corporate governance and business liabilities.

The Master study is designed to an emphasis upon the practical difficulties business experience when meeting their legal obligations and complying with the regulatory framework.The law study focuses on the legal aspects of the commercial transaction, such as Drafting, Contracts, Insurance, Financing, Bank Guarantees, Insolvency issues, and Investment. The study develops the knowledge and skills about business law and candidates can able to debate, good orator to satisfy their clients as per their cases requirement.

The Master of Business Law is a contemporary business degree, which will enable you to analyse and address the wide range of legal issues which can arise in professional business practice. The Master course is an eight unit industry-focused degree with flexible options to allow you to tailor your subjects to your personal interests and develop your career in international business, compliance, risk management and regulatory fields.

The study is focused on theoretical and practical aspects of Principles and Techniques in an academic discipline such as Law and Social Transformation In India, Indian Constitution Law & their New Challenges, Judicial Process, Legal Education and research Methodology, Legal Practical, Law of Industrial and Intellectual Property, Environmental Law, International Trade Law, Banking Law, Insurance Law, Commercial Arbitration, Alternative Dispute Resolution and Securities Law.

Eligibility

The candidate have to complete Bachelor Degree like, Bachelor of Arts (BA), Bachelor of Commerce (B.Com), Bachelor of Legislative Law (L.L.B) or any Bachelor Degree with relevant subjects, or equivalent examination, with minimum aggregate 55% marks, such candidates are eligible to take admission in Master’s Degree professional study program.

Course Duration / Learning Mode

This course requires study requires 2 years of the time period in India, It’s a Full Time professional degree course, but some candidates use part time, correspondence education program and also go for distance learning study option to earn this degree.

Further Study

After the successful completion of master’s degree course, candidates can pursue for, M.Phil (Business Law), Ph.D. (Doctorate in Business Law) or do specialisation and research oriented work in their respective field.

Master of Business Law (M.B.L) Highlights

Check all the important details about the Master of Business Law from the table given below.

Career Options

The Master’s degree holder have an excellent career opportunity in Government and Private sector. After the successful completion of course, one can recognize as Magistrate / Judge and work as Legal Assistant, Associate Merger & Acquisitions, Associate Business Analyst, Legal Office, External Consultant, Lecturer or Professor (Business Administration), Associate Project Advisor, Implementation Consultant, etc.

Master of Business Law (M.B.L) Syllabus

Check out the year-wise important topics that are often part of the syllabus of Master of Business Law (M.B.L):

First Year:

Second Year:

Master of Business Law (M.B.L) Career Options and Job Prospects

After pursuing a master's of business law course, candidates can get a variety of job opportunities in the private and public sectors. The candidates after the completion of MBL are considered at par with other law graduates. Following are the suitable job roles for business law degree holders:

• Law Officer
• Legal Advisor
• Chief Financial Officer
• Assistant Manager
• Pay Roll Specialist
• Legal Assistant

The annual starting salary of a fresher may range from INR 3,00,000 to INR 9,00,000. The salary differs from individual to individual. With adequate professional and educational experience, candidates are offered great salary packages. An MBL degree holder can find suitable job opportunities in the following areas:

• Banks
• Railways
• Commerce and Trade Departments of Government
• Central or State Government Offices
• Industrial Houses
• Statutory Bodies of the Central and State Government
• Financial and Law Firms

If you are interested in admission to the Master of Business Law program then you can fill our Common Application Form(CAF) or you can call on our toll-free number 1800-572-9877. 

Here are some of the benefits of pursuing a Master of Business Law (MBL) degree:

• Increased earning potential: MBL graduates typically earn higher salaries than those with a bachelor's degree in business or law. According to a survey by the National Association for Law Placement, the median starting salary for MBL graduates in 2022 was $125,000.
• Enhanced career opportunities: An MBL degree can open up a wide range of career opportunities in the business world, including positions in corporate law, compliance, finance, and risk management.
• Broader knowledge: An MBL degree provides students with a comprehensive understanding of business law, including topics such as contracts, corporate governance, and taxation. This knowledge can be invaluable in a variety of business settings.
• Sharper analytical skills: MBL programs often require students to complete research projects and write papers. These experiences can help students develop their critical thinking and analytical skills, which are essential for success in the business world.

The future scope of MBL is bright. As the global economy becomes increasingly complex, the need for professionals with specialized knowledge of business law will continue to grow. MBL graduates will be well-positioned to take advantage of these opportunities.

The average salary for an MBL graduate in India is INR 6-8 lakhs per annum. However, salaries can vary depending on the level of experience, the industry, and the location.

The fees for an MBL program in India vary depending on the institution. The average tuition fee for a two-year MBL program is INR 1-2 lakhs per year.

Some of the top schools in India that offer MBL programs include:

• National Law School of India University (NLSIU)
• The West Bengal National University of Juridical Sciences (WBNUJS)
• The National Law Institute University (NLIU)
• Symbiosis Law School
• O.P. Jindal Global University, Jindal Global Law School

Here is a table that summarizes the fees for MBL programs at some of the top schools in India:

The employment areas for MBL graduates are vast. They can work in a variety of settings, including:

• Corporate law firms
• Compliance departments
• Finance departments
• Risk management departments
• Government agencies
• Non-profit organizations

MBL graduates can also choose to start their own businesses or pursue careers in academia.

Master of Business Law(M.B.L) for Admission Process

The admission process and application process for an MBL degree vary from school to school. However, there are some general requirements that most schools have.

• Academic requirements: Most schools require applicants to have a bachelor's degree in law or a related field. Some schools may also require applicants to have a certain GPA or to have taken certain courses.
• LSAT scores: Some schools require applicants to submit their LSAT scores. The LSAT is a standardized test that is used to assess applicants' aptitude for law school.
• Personal statement: All schools require applicants to submit a personal statement. The personal statement is an opportunity for applicants to share their reasons for wanting to pursue an MBL degree and to discuss their qualifications for the program.
• Recommendation letters: Most schools require applicants to submit two or three letters of recommendation. Recommendation letters can be written by professors, employers, or other professionals who can speak to the applicant's academic ability, work ethic, and character.
• Interview: Some schools may require applicants to interview with a member of the admissions committee. The interview is an opportunity for the applicant to learn more about the program and for the admissions committee to learn more about the applicant.

The application process for an MBL degree typically begins in the fall. Applicants should submit their applications to the schools they are interested in by the deadline.

Here are some of the steps involved in the application process:

1. Gather your materials: This includes your transcripts, LSAT scores, personal statement, recommendation letters, and any other required materials.
2. Complete the application forms: Most schools have online application forms that must be completed and submitted.
3. Pay the application fees: Most schools require applicants to pay an application fee.
4. Submit your application: Once you have gathered all of your materials and completed the application forms, you can submit your application to the schools you are interested in.

The application process can be daunting, but it is important to remember that you are not alone. There are many resources available to help you through the process. You can talk to your professors, advisors, and other students who have gone through the process. You can also find helpful information online and in books.

If you are interested in pursuing an MBL degree, I encourage you to start the application process early. The sooner you start, the more time you will have to gather your materials and prepare for the application process.

Master of Business Law (M.B.L) for Eligibility Criteria

Candidates who are applying for admission in the Master of Business Law are advised to check the admission process of the college before applying. They can also check the difference between Business Law and Corporate Law here. The eligibility criteria for the Master of Business Law is as follows:

Master of Business Law (M.B.L) for Entrance Exams

When preparing for Master of Business Law admissions it is very important to choose the correct Master of Business Law entrance exams for you. This is a personal decision and can depend on several factors including:

• choice of college
• suitable exam pattern
• familiarity with the syllabus or type of questions
• the difficulty level of exam etc.

Here is a list of some of the most popular Master of Business Law entrance exams conducted in India.

• Common Admission Test (CAT): National-level entrance exam conducted by the Indian Institutes of Management (IIMs). It is the most widely-accepted exam by Master of Business Law colleges but is majorly taken for admission to Tier-1 Master of Business Law colleges.

• Management Aptitude Test (MAT): MAT is again a national-level exam conducted by All India Management Association (AIMA). It is conducted 4 times every year and is mostly accepted by Tier-2 and Tier-3 Master of Business Law colleges.

• Common Management Aptitude Test (CMAT): Another national-level entrance exam conducted by the National Testing Agency (NTA), CMAT is conducted for admission to AICTE and UGC approved Master of Business Law colleges in India.

• Maharastra Common Entrance Test (MAH-CET): Also known as MAH Master of Business Law CET or MAH MBA/MMS CET, this is a state-level Master of Business Law entrance exam conducted by the State Common Entrance Cell of Maharashtra and accepted for admission by the Master of Business Law colleges within the state.

• Xavier Aptitude Test (XAT): XAT is an MBA entrance exam conducted by the Xavier Labour Relations Institute (XLRI), Jamshedpur. However, the exam is quite popularly accepted by many Master of Business Law colleges all around the country.

• Graduate Management Admission Test (GMAT): GMAT is another popular entrance exam for Master of Business Law colleges. It is conducted by the Graduate Management Admissions Council (GMAT). This exam is mostly chosen by candidates as it has a different overall approach to testing. However, it is accepted by a limited number of colleges as compared to many other Master of Business Law entrance exams on this list.

These were some of the popular exams for Master of Business Law admissions. Many other Master of Business Law entrance exams are conducted in India including those conducted by particular institutes for their admission to their courses. Check the schedule of Master of Business Law entrance exams and go through our comparison of CAT vs Other Master of Business Law Entrance Exams to select the best Master of Business Law exam for your requirement.

Tips for Success in Master of Business Law (M.B.L)

Since Law is a theory subject, you will have to memorize everything in the best way. Here are a few tips to help you remember the concepts thoroughly.

Focus on the head points of various answers wherever available. Write and practice those head points to remember them.

Highlight the key words in every answer. Write and Memorise those key words. If you know the key words, you can easily frame the sentence in your own words in the exam.
As far as possible, try to use legal and technical language and highlight the main keywords in your answer.

Make a list of Section numbers and read it every day till your exams. Though writing sections are not mandatory, writing them will surely give you an upper hand. But remember, do not quote section number if you are not confident. No section number is better than the wrong section number.

1. DO THE READING. Do all of the reading assigned for your courses. Do not fall behind; you may never catch up. Do your reading at times of the day when you are most alert. Also, do your reading in a location where you will not be distracted or tempted to do something else. Otherwise, you will find that it takes you far longer than necessary to prepare for class.

2. BRIEF THE CASES. Take notes while reading. For each assigned case, write down the legally significant facts, the holding of the case, and the rationale for the court's decision. This is what is referred to as "briefing" cases. Your case briefs should be just that-brief.

3. REVIEW BEFORE EACH CLASS. Review your reading notes (case briefs) right before class. That way, the cases will be fresh in your mind, and you will substantially increase your ability to follow the class discussion (not to mention avoid the embarrassment associated with being unprepared when called upon by the professor).

4. GO TO CLASS. Most professors cover some material in class that is not discussed in the reading, so failure to attend class will put you at a big disadvantage when you take the final exam. Also, you will receive an "FW" if you miss more than 20% of the sessions of a course. This is factored into your grade point average as an "F" and is never removed from your academic record, even if you retake the course.

5. PAY ATTENTION IN CLASS. Some misguided students use class time to shop on the Internet, play computer games or catch up on their e-mail. You are paying a substantial amount of money for tuition. Do you really want to spend your tuition money "surfing the net" or playing computer solitaire instead of paying attention to the class discussion? 

6. PARTICIPATE IN CLASS. Students learn best when they are actively engaged in the learning process.

7. TAKE CLASS NOTES. Do not, however, get so caught up in trying to take down everything your professor says that you are not actively engaged in the class discussion. Review your class notes before starting your next reading assignment and analyze how the new cases you read affect those cases you already have reviewed in class.

8. PREPARE AN OUTLINE FOR EACH OF YOUR CLASSES. Outlines prepared by more senior students or commercial outlines are not acceptable substitutes for making your own outlines. The analysis necessary to prepare a course outline helps you determine the rules of law applicable to the subject matter of the course, as well as determine how the rules relate to one another. If you do not go through this process, you are less likely to master the subject matter. Also, not all professors teach a subject the same way. In fact, many professors do not even teach a course the same way from one year to the next. The only way to get an outline tailored to your course is to make it yourself. Do NOT wait until the reading period to prepare your outlines; you'll never get them done in time. Some students like to outline once per week, others once per month. Still others prefer to outline whenever a topic is completed. Pick whatever schedule works best for you and stick to it.

9. CONSIDER FORMING A STUDY GROUP. Study groups can be a valuable learning tool. Talking through material with classmates can increase your understanding and retention of course material. You also can obtain helpful study tips from your peers. If you decide to form a study group, seek out other students who are well-prepared for class and have similar academic goals. Do not let your study group meetings become social or gossip sessions. Also, do not use study groups as a way of sharing the workload. Lastly, if you find that you are not benefiting from your study group, resign from the group.

10. REVIEW, REVIEW, REVIEW. Just because you don't have an exam until the end of the semester does not mean that you should wait until the reading period to begin your review. This is not undergraduate school. You cannot cram right before finals and get good grades. Therefore, make time for frequent review over the course of the semester.

11. ATTEND REVIEW SESSIONS CONDUCTED BY YOUR PROFESSORS AND/OR THEIR ACADEMIC FELLOWS. Some professors and/or Academic Fellows hold review sessions prior to exams. This is a great way to clarify the issues about which you are confused without having to stand in line outside your professor's office. Moreover, helpful tips regarding how to write your exam answers in a way that will earn you the most points are often shared during review sessions.

12. TAKE ADVANTAGE OF FEEDBACK FROM YOUR PROFESSORS. If your professor distributes a practice question and says that she will review your answer if you submit it by a certain time, DO IT! This is a great opportunity to get your professor's input and make any necessary adjustments before your performance is graded.

13. ATTEND THE WORKSHOPS CONDUCTED BY THE ACADEMIC ACHIEVEMENT CENTER. These workshops cover a number of topics such as outlining, time and stress management, and how to prepare for and write law school exams-skills essential to success in law school.

14. TAKE PRACTICE EXAMS. Lots of them. Exams previously administered by your professor are preferable. This will help you determine how your professor drafts his or her exams. The Fowler School of Law Library maintains a number of prior exams prepared by law professors. Whenever possible, select a prior exam for which there is a sample answer on file. This will allow you to check your answer against the sample and evaluate your performance. If there is no sample answer on file, ask you professor if he/she will review and comment on your answer. Do not, however, wait until right before finals to ask your professor to review your answer. The earlier you ask, the more likely your professor will have time to review your answer.

15. CREATE A STUDY PLAN. Many students complain that they do not have enough time to brief cases, prepare outlines and/or take practice exams. They're wrong! By planning your time in advance, you will have enough time to meet all of the demands of law school and have time to enjoy some outside activities. If you need help managing your time, see Professor Faulkner.

16. DON'T WAIT UNTIL THE LAST MINUTE TO PREPARE YOUR LRW PAPERS. Again, this is not undergraduate school. You cannot throw a paper together the night before it is due and expect to receive a good grade (or for that matter, a passing grade). Good legal writing takes time and lots of editing so start working on your LRW assignments as soon as possible. 

17. REVIEW YOUR EXAMS. Meet with your professors to review your exams after grades have been posted. This is the best way to determine what you did well and what you need to improve.

18. MINIMIZE YOUR STRESS. Law school can be stressful, but there are a number of steps you can take to keep stress to a minimum. Humor is a great stress reliever. Make time for exercise-carrying 100 pounds of law books every day doesn't count. Eat fruit, vegetables, and whole grain foods on a regular basis-a diet Coke and a package of Ding-Dongs are not a balanced breakfast. Don't overdo your caffeine intake; drink lots of water instead. Get at least seven hours of sleep per night. Maintain a life outside of law school. You don't need to give up all of the things you enjoyed doing before you went to law school; you just won't be able to do them as often. Finally, if you think that your stress level is getting out of control, talk about it with your significant other, a family member, a close friend, a faculty member, one of the law school Deans, or Professor Faulkner.

19. DON'T GET CAUGHT UP IN THE COMPETITION ASPECT OF LAW SCHOOL. Face it. Only one student can finish at the top of the class. So instead of setting Numero Uno as your goal, focus on doing your very best. Also, be supportive of and respectful to your classmates. It will make for a more positive law school experience for you and your peers.

20. GET HELP IF YOU NEED IT. It is not uncommon for students to be confused about the substantive law covered in their classes, how to prepare for class, how to study for exams, how to manage their time or how to take law school exams. Indeed, it is the rare student who does not have questions about these subjects from time to time, particularly during the first year of law school. If you have questions, there are a number of resources available to you. Every professor holds weekly office hours. The Academic Fellows for your courses also are available to help you, as is Professor Faulkner. Please visit us if you have any questions. We're here to help.

Why to choose this Course?

There are many reasons why you might choose to pursue a Master of Business Law (MBL) degree. Here are a few of the most common reasons:

• To gain a deeper understanding of business law: An MBL degree can give you a comprehensive understanding of the legal aspects of business, including topics such as contracts, corporate law, and intellectual property. This knowledge can be invaluable in a variety of business settings, from startups to large corporations.
• To advance your career: An MBL degree can help you advance your career in business or law. Many businesses and law firms are looking for professionals with specialized knowledge of business law. An MBL degree can give you the edge you need to get ahead in your career.
• To start your own business: If you're thinking about starting your own business, an MBL degree can give you the legal knowledge and skills you need to succeed. An MBL degree can also help you develop the business acumen you need to make sound business decisions.
• To make a difference in the world: If you're passionate about making a difference in the world, an MBL degree can help you do just that. Many MBL graduates go on to work in government or nonprofit organizations, where they use their legal skills to help others.