With lots of aspirations in mind many professionals across the globe select law as a career and venture into the new life of a lawyer. Amongst the various fields available for lawyers and other finance professionals, Corporate Laws and the position of Corporate Legal Counsel is emerging as a lucrative and sought after career for many professional lawyers.
With the economic reforms and opening up of markets for Indian businesses post 1991, India entered into a phase of open-economic policy. Thus globalization made the whole world as a market for various businesses. With further economic reforms since 2014 Indian economy is poised to take-off to the next orbit. Her GDP growth rate is already the highest. The entire business world is looking towards India as the most happening market. All these transformations are rendering businesses complex, markets highly regulated, and are opening up avenues for advanced and complex applications of corporate laws.
New generation legislation related to competition, bankruptcy, cyber security, corporate restructuring, cross border deals etc. have become an integral part of most of today’s economic activities houses. Business activities like M&As, foreign funding, cross-border transactions, contract management, virtual market place , corporate reporting, governance, risk management international taxation and regulatory compliance have rendered the process of conducting business more complex and complicated. These have increased the need for and critical importance of corporate lawyers to handle the legal matters with substantial managerial learning inputs for business operations, finance, strategy, decision sciences, communication, people management etc. Many organizations across sectors and volume of operations hire more and more competent lawyer with lots of managerial inputs. NMIMS is known to introduce next-in-class programs that are unique and target niche areas of specialisations. With this rich tradition; NMIMS School of Business Management has launched the next generation program titled MBA (Law). This two-year full time degree program will connect dots between Law, Business and Management.
This trail blazing program is aimed at bridging the gap between management and law. Graduated students from this program will be able to polish their existing knowledge further by gaining better analytical skills, strategic understanding of business required for business data analysis, legal drafting and communication skills.
This program will prepare students from legal and other professional disciplines like CA, CMA and CS with necessary knowledge and skills of business administration along with enhanced knowledge of business laws both from domestic and global perspectives. It will also provide application orientations to all young lawyers aspiring to excel in corporate and consulting world, with explicit skill sets for business administration and major relevant laws.
The program will be delivered by distinguished faculty from academia and industry through lectures, presentations and contemporary simulation based interactive case studies to facilitate application oriented practical implementation of theories and concepts.
Thus the MBA (Law) program of NMIMS will provide the students an edge over existing lawyers and finance professionals in the field of corporate law as well as for opening up a consulting firm or a law firm. The various aspects of management like finance, marketing etc along with legal knowledge distinguishes this program along with its graduates in the business world today making them a preference over the others. The key to success comes with holistic knowledge in a specialized manner which will be best provided under this program of NMIMS.