MBA Business Law Latest Updates
27 Nov, 2024 hii i am desc 2049
27 Nov, 2024
- CAT Exam has been conducted on Nov 24, and the result will be declared soon. Check answer key and paper analysis here.
21 Nov, 2024 desc
MBA Business Law Syllabus focuses on the law and regulation related to business. Students get a fair idea about the business laws. MBA Business Law Subjects include Law of contract, Law of Negotiable Instrument, Economics & Management Decisions, The Company’s Act, Introduction to Business Law, Law of Partnership, Contracts of Guarantee and indemnity, Banking & Insurance Law, Consumer Protection Act, Law of sales of Goods etc.
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MBA Business Law Syllabus
MBA Business Law is a 2 year master degree course, where candidates explore the concepts of commercial laws, associated with a firm, organization or industry. Check out the syllabus for the MBA Business Law course in the table below.
| First Year | Second Year |
|---|---|
| Law of contract | Law of Negotiable Instrument |
| Economics & Management Decisions | The Company’s Act |
| Introduction to Business Law | Law of Partnership |
| Contracts of Guarantee and indemnity | Banking & Insurance Law |
| Consumer Protection Act | Law of sales of Goods |
| Marketing Management | The Foreign Exchange |
| The Competition Act | Regulation to Information |
| Central Excise Act | Intellectual Property Laws |
| Core Courses | Electives |
| International Accounting and Finance | International Trade Law |
| Sustainability | International Business Law |
| International Human Resource Management | International Banking Law |
| International Strategy | International and Comparative Commercial Arbitration |
| International Marketing | - |
| Information System/ Operations Management | - |
Year Wise Syllabus
Check out the year wise syllabus for the MBA Business Law program, in detail, in the sections below.
First Year Subjects
| First Year Subjects | |
|---|---|
| Law of contract | Consumer Protection Act |
| Economics & Management Decisions | Marketing Management |
| Introduction to Business Law | The Competition Act |
| Contracts of Guarantee and indemnity | Central Excise Act |
Second Year Subjects
| Second Year Subjects | |
|---|---|
| Law of Negotiable Instrument | Law of sales of Goods |
| The Company’s Act | The Foreign Exchange |
| Law of Partnership | Regulation to Information |
| Banking & Insurance Law | Intellectual Property Laws |
Entrance Exam Syllabus
Candidates generally have to clear entrance exams (preferably CAT) to get admission to the MBA Business Law course. Though state level or university level entrance exams along with direct admission is also available. Check out the syllabus for the CAT entrance exam in the table below.
| Quantitative Aptitude | Data Interpretation |
| Arithmetic | Bar Graph |
| Algebra | Tables |
| Mensuration | Pie CHart |
| Geometry | Line Graph |
| Trigonometry | Combination of Graphs |
| Calculus | Data Sufficiency |
| - | Caselets |
| - | Games and Tournaments |
| Logical Reasoning | Verbal Ability and Reading Comprehension |
| Data Arrangement | Grammar and Usage |
| Statements | Fill in the Blanks |
| Clock and Calendars | Critical Reasoning |
| Prepositions | Para Jumble |
| Arrangements | Sentence Correction |
| Puzzles | Idioms |
| Assumptions | Para Summary |
| Logical Matching | Para Completion |
| Venn Diagram | Word Usage |
| Logical Connectives | - |
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MBA Business Law Core Courses
Check out the MBA Business Law courses in detail, in the section below.
International Accounting and Finance - In the international accounting and finance section, candidates secure substantial fundamental knowledge on topics including accounting, law, financial reporting, taxation, etc.
Sustainability - In the chapter of sustainability candidates gain knowledge on areas like ecosystems, population, energy, agriculture, global change, water, cultural history, and environmental economics and policy.
International Human Resource Management - In the international human resource management phase, candidates explore plenty of knowledge in the human resource field.
International Strategy - In the International Strategy chapter, candidates learn how multinational enterprises leverage and develop their competencies and capabilities to form competitive advantages in the international markets.
International Marketing - In the international marketing section, candidates learn the major environmental and cultural characteristics of any global region or country signifying the show of international marketing management from a global perspective.
Information System/ Operations Management - In the Information System/ Operations Management section, candidates explore various topics including management science, statistics, information systems, and production/operations management.
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MBA Business Law Elective Subjects
Check out the electives for the MBA Business Law program, in the section below.
International Trade Law - In the international trade law section, candidates learn regarding international sale of various goods for commercial purposes.
International Business Law - In the International Business Law chapter, candidates secure knowledge on law governing commerce as well as finance in the present international market.
International Banking Law - In the international banking law phase, candidates significantly learn about financial services regulation, global financial markets, as well as corporate finance.
International and Comparative Commercial Arbitration - The international and comparative commercial arbitration section will train candidates on various jurisdictions that are common jurisdictional hot seats for ICA, i.e., International Commercial Arbitration.
See Also:
Courses Beneficial for Law Students
Top MBA Business Law Colleges
Check out the top MBA Business Law colleges in India, in the table below.
| Colleges | Average Fees |
|---|---|
| IIM Ahmedabad | INR 23 lakhs |
| IIM Bangalore | INR 23 lakhs |
| IIM Kolkata | INR 23 lakhs |
| IIT Kharagpur | INR 4.68 lakhs |
| IIT Delhi | INR 9.6 lakhs |
| SIBM Pune | INR 9.8 lakhs |
| VIT Vellore | INR 3.51 lakhs |
| NMIMS Mumbai | INR 10.95 lakhs |
| Mahatma Jyoti Rao Phoole University | INR 92,000 |
| Praxis Business School | INR 8.51 lakhs |
MBA Business Law Syllabus: FAQs
Ques. What are the subjects in business law?
Ans. Some of the common subjects in the Business law course are - trade regulation, contracts, finance, banking, intellectual property, transactions, bankruptcy, intellectual property, competition, etc.
Ques. Is business law a good career?
Ans. A career in the business law field is indeed a good option and respected as well. Candidates in this industry need to be competitive, hardworking and should be experts in business law related areas like compliance, financial law, environment law, diligence, human rights, investment law, etc.
Ques. What is business law called?
Ans. Business law is also regarded as mercantile law or commercial law, governing the dealings between commercial matters and persons.
Ques. Can a law graduate do MBA?
Ans. Yes. Candidates completing their bachelors degree in law, can certainly pursue the MBA course. Candidates doing the same, can secure good knowledge on various intricate activities.
Ques. Is MBA good after BBA LLB?
Ans. Certainly. Candidates pursuing BBA LLB course will have plenty of career opportunities. Candidates with both degrees can work in sectors such as management, administration, banking, etc.
Ques. How many years are there in MBA?
Ans. MBA or Master of Business Administration generally lasts for 2 years.
Ques. What is the age limit for LLB?
Ans. The upper age limit for five-year LLB program is 20 years, and the age limit for three-year LLB program is 30 years.
Ques. What is the average starting salary of MBA Business Law graduates?
Ans. The average starting salary of an MBA Business law graduate ranges INR 4 to INR 10 Lakhs.
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