Law vs Management – which is better?

Edited By Vaishnav Gautam | Updated on Jan 13, 2024 12:32 PM IST

Law vs Management – Which is better? - Deciding a career path is not an easy thing. With all the new professions coming out, students are bound to get confused about which career to choose. When this war goes on in a student’s head, two career paths that stand out are Law and Management. On one side, Law offers a profession like no other, helping people get justice but on the other hand, Management teaches you the nature of power, influence and leadership. So, Law vs Management – which is better? Read this article further to know all about both these careers and judge yourself.

Law vs Management – which is better?

Law vs Management – Which is Better?

When you are confused between Law vs Management, you need to enlighten yourself enough about both careers as both are fields that offer great career options and self-development. Knowing more about these fields will get rid of all confusion in your head. Thus, to know more about both these fields, read the complete article below.

Why Study Law?

Do you think no one can defeat you in an argument? Do you see yourself as a fighter for justice? If this is true, you should study law. Law is a career for people with great moral fibre. Righteous and brave, Lawyers help people get justice. You should be quick-witted and confident if you want to be a good lawyer. Years of study and practice make lawyers what they are. Lawyers have to study for a long period of time, however, which makes law a career unsuitable for some students.

Why study Management?

Studying management is a great idea for students who possess excellent leadership qualities or those that think they are great leaders. Management teaches students the inner workings of a workplace. Intelligent, confident and sharp, Management students are bosses in the workplace. Management makes you a people person, greatly enhancing your public relations skills. If you think you are a problem solver with unique solutions to every problem, choose management as a career. Management courses in graduation span three years. Management can be pursued after graduation too, spanning over two years.

Law vs Management – A Comparison.

Particulars	Law	Management
Field of Study	Undergraduate degree of Law in India is LLB and it provides several modules in its syllabus, like: criminal law, contract law, constitutional or administrative law, Equity and trusts, land law, tort law, cyber law.	Management teaches you several things. Common management syllabus consists of Accounting, Entrepreneurship, Finance, Legal Studies, Management, Management Information Systems, Marketing, Supply Chain Management.
Profession Requirements	Law requires students who are confident and well-versed in their opinions.	Management requires students who have more public relations skills and who see themselves working amid people.
Income*	After LLB, a fresher in law can earn from 3 to 8 lakhs per annum. Income largely depends on qualifications and work experience.	Starting salary for a management graduate is 2.76 to 6.75 lakhs per annum. Income depends largely on higher education and work experience.

*Income data from payscale.com

How to Study Law?

There are some steps you need to take if you decide you want to study law in the future. After 10th grade, you can choose whichever stream you want to choose. Students who are interested in law generally choose the Humanities stream. You must pass your 12th grade with an aggregate 50% or above and need to appear for entrance exams like CLAT, AILET, DU LLB, IPU CET LLB, JMI Law Entrance. After clearing the entrance exam, you will be admitted to a law college where you can pursue an integrated BA/Bsc/BBA LLB. Here is a list of the top 10 Law colleges in India

Top 10 Law Colleges in India

Sr. No.	College	Entrance Exam
1.	National Law School of India University, Bangalore	CLAT
2.	National Law University, Delhi	AILET
3.	Rajiv Gandhi School of Intellectual Property Law, Indian Institute of Technology, Kharagpur	IIT Kharagpur LLB entrance
4.	NALSAR University of Law, Hyderabad	CLAT
5.	National Law University, Jodhpur	CLAT
6.	WB National University of Juridical Sciences, Kolkata	CLAT
7.	Jindal Global Law School, Sonipat	LSAT-INDIA
8.	Gujarat National Law University, Gandhinagar	CLAT
9.	Faculty of Law, University of Delhi, Delhi	DU LLB
10.	National Law University, Bhopal	CLAT

How to study Management?

To study management, there are some guidelines a student must follow. In order to make a career in management, a student needs to choose Commerce stream in class 11th and 12th and thereafter, give entrance exams like DU JAT, CUET, GGSIPU CET BBA, NPAT BBA, SET BBA, IPMAT. After clearing any of the entrance exams, you will be admitted in a management college where you can pursue courses like B.A(Hons.), BBA, BHM or B.Sc. in management. Before going any further, take a look at top management colleges in India and choose where you want to go

Top 10 Management Colleges in India

Sr. No.	College	Entrance Exam
1.	Indian Institute of Management (IIM), Indore	CAT
2.	Shaheed Sukhdev College of Business Studies, Delhi	DU JAT
3.	Keshav Mahavidyalya, Delhi	DU JAT
4.	Deen Dayal Upadhyay College, Delhi	DU JAT
5.	Gargi College, Delhi	DU JAT
6.	Sri Guru Gobind Singh College of Commerce, Delhi	DU JAT
7.	HR College of Commerce and Economics, Mumbai	Direct admission based on student’s merit
8.	Jai Hind College, Mumbai	Direct admission based on student’s merit
9.	Mithibhai College, Mumbai	Direct admission based on student’s merit
10.	KC College, Mumbai	Direct admission based on student’s merit

Job prospects in Law vs Management

Job prospects in both fields are rich and inexhaustible. You need to keep in mind the employment opportunities, job security, income, work profile etc. while choosing a career path. Here are some career opportunities each field has to offer

Job prospects in Law

A law degree enables student to pursue great careers in government and private sectors. Some careers law has to offer are

Judge
Business Lawyer (Corporate Lawyer)
Employment and Labor Lawyer
Finance and Security Lawyer
Mergers and Acquisitions Lawyer
Intellectual Property Lawyer
Estate Planning Lawyer
Tax Lawyer
Criminal Defense Lawyer

After LLB, a fresher-in-law can earn from 3 to 8 lakhs per annum. Income largely depends on qualifications and work experience.

Job prospects in Management

A management degree allows you to have specializations in various domains so that you can choose a particular field. This specialization gives you a career that is more suited to you. Specializations and domains in management are:

Accounting
Entrepreneurship
Finance
Legal Studies
Management
Management Information Systems
Marketing
Supply Chain Management

Starting salary for a management graduate is 2.76 to 6.75 lakhs per annum. Income depends largely on higher education and work experience.

Thus, Law and Management are both unique careers and they offer plenty of room for a person to grow. A career in law is most influenced by working experience and qualifications. The law requires more time as well. A career in management is most influenced by qualifications and management requires considerably less time. Students can analyze themselves keeping their aptitude, skills and interest in mind while choosing a field.