Display module and mobile terminal having the same are provided. The display module includes a liquid crystal display panel configured to output a color per pixel, a backlight unit configured to uniformly project light to a rear side of liquid crystal display panel, a backlight unit having a light guide plate and a light source, a mold located at a perimeter of the liquid crystal display panel and a perimeter of the backlight unit, and a light cutoff part configured to cut off path of light incident on a front of the liquid crystal display panel from a side of the liquid crystal display panel. Accordingly, light leakage caused by light incident on lateral side of liquid crystal display panel by being reflected by mold or light reflected by lateral side of liquid crystal display panel is minimized to output more clear and vivid images.