If you are looking at the course from the perspective of its acceptability in the industry, then honestly it does not rank very high in the list. It can not be even fully considered a proper Masters in Law degree. One of my friends studied it and here’s what she has to say about it.

• Masters in Business Law (MBL) is not a full-time LLM course. You cannot take UGC-NET on the basis of this degree.
• It is quite an expensive course. Not only the course fees but they take additional fees like Rs. 500 for each subject. They have a continuation fee of Rs. 2500.
• The books suggested are also not elaborate enough to learn about the course. They lack content.
• There is no transparency in checking answer sheets. If you want your answer sheets rechecked, it will cost you Rs.800 for each paper.

Therefore it is recommended that you do not opt for this course, as it is not an LLM course. The only thing credible about it is the tag you receive from NLSIU.