LLM Corporate and Commercial Law is a two-year Master's program in legal studies. The course focuses on corporate practices such as the formation of companies, mergers and acquisitions, intellectual property, franchising, sales, and distribution.
The candidate needs to have a law degree LLB or equivalent to be eligible for LLM Corporate and Commercial Law course. Few universities/colleges also seek a minimum percentage of marks and their entrance exam like CLAT, AILET and LSAT. The average fee ranges from INR 20,000 to INR 3,50,000.
LLM Corporate and Commercial Law course opens up many career avenues in both government and private sector dealing with business-related legislative work. They can work as a Legal Researcher, Corporate Lawyer, Law Enforcement Officer, Asset Managers and expect a starting salary between INR 8,00,000 to INR 15,00,000 per annum.
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LLM Corporate and Commercial Law: Course Highlights
Course Level | Post Graduate Degree |
Full Form | Masters of Laws in Corporate and Commercial Law |
Duration | 2 years |
Examination Type | Typically 4 Semester |
Eligibility | Graduate in Law (L.L.B.) or equivalent degree from recognised college/university with minimum 50% aggregate marks. |
Admission Process | National and University Level Entrance exam and Merit-Based |
Course Fees | INR 20,000 to INR 4,00,000 |
Average Salary | INR 8,00,000 to INR 12,00,000 |
Job Positions | Corporate Lawyer, Legal Researcher, Enforcement Office, Legal Advisor, Legal Counsel, Deputy Company Secretary |
Top Recruiting Companies | ICICI Bank, HDFC Bank, Argus Law, Various Private law firms also look for freshers. |
LLM Corporate and Commercial Law: Admission Process
The candidate will have to go through the selection process acceptable by the college/university in which they wish to study. The most common approach is a mix of merit and entrance exam.
CLAT, AILET, LSAT India are few national level entrance exams and accepted by many colleges/universities. College/Universities may also have their individual entrance exam. Most colleges/universities require minimum aggregate marks in qualifying U.G. course, which is usually around 50%.
Students need to follow the below-mentioned steps to apply for colleges offering merit-based admission.
- Visit the college admission department office or official website to check the admission requirement;
- Fill and submit the L.L.M. admission forms as per the direction and format/dimensions prescribed by the college/university.
- The admission department of the respective college/university will process the forms.
- College/University may invite selected candidates for a personal interview and group discussion rounds before offering them admission.
Read More: LLM Admissions
LLM Corporate and Commercial Law: Eligibility Criteria
- The candidate should have completed graduation in law (L.L.B) or have an equivalent degree from a recognized university.
- The candidate should have a minimum of 50% marks in the qualifying program. (Minimum percentage may vary in certain college universities)
- There is no upper age limit.
Read to know all about: LLM Abroad.
LLM Corporate and Commercial Law: Entrance Exams
Below given is the list of various entrance exams conducted by various institutes to intake students in LLM Corporate and Commercial Law course:
- PG-CLAT is a national level entrance exam conducted by the Consortium of National Law Universities. The Exam checks the comprehension level of the candidate. The number of participating colleges is 34 across the country. There are more than 700 seats offered every year.
- AILET is conducted every year by National Law University Delhi. Candidates who clear the entrance exam go through a counseling and final round of admission across 3 colleges in New Delhi. A total of 70 seats are offered for merit students.
- LSAT is conducted by the Law School Admission Council (LSAC). LSAT Entrance Exam contains objective type questions and checks logical reasoning, critical thinking, and comprehension aptitude. The shortlisted candidates can choose from 7 participating colleges across the country.
Exam Name | Exam Mode | Exam Date |
---|---|---|
CLAT PG | Online | December 18, 2022 |
AILET PG | Offline | December 11, 2022 |
LSAT | Online |
January 22, 2023 (January Session) Jun 8, 2023 to Jun 11, 2023(June Session) |
LLM Corporate and Commercial Law: Entrance Exam Preparation Tips
- All national level entrance exams have different syllabus; hence, you should check prior year exam papers.
- Prepare extensively around the entrance exam syllabus. Make sure you are aware of rules such as negative marking, time limit, number of questions asked in specific exams etc.
- Apart from topics related to legal studies, also prepare for areas like logical aptitude, critical thinking, and language comprehension.
- Make sure you are familiar with current news affairs in general as well as the legal industry.
- Identify your strong and weak areas.
- Spend more time preparing around your struggle areas.
- Revision is the key. Do not skip revision in the last few days before exams.
LLM Corporate and Commercial Law: Tips to Get Admission in Good College/University
- Keep an eye on application deadlines and apply to a college of your choice well in advance.
- The Candidate needs to have a clear understanding of topics covered during the Bachelors of Law (L.L.B) program. Most of the entrance exams check candidates' knowledge and experience of a legal domain.
- The Candidate must prepare for group discussion and personal interview. Practice impromptu speeches; Be clear and confident.
- Utilize online resources for preparation, refer to the law journals like All India Reports, Maharashtra Law Journal, and India Law Journal.
- Candidates should also check the placement policy for respective colleges/universities before applying.
Checkout: LLM Distance Education
LLM Corporate and Commercial Law: Top Colleges
Institute Name | Average Annual Fees |
---|---|
Nalsar University of Law, Hyderabad | INR 1,75,000 |
National Law University, Jodhpur | INR 1,50,000 |
Symbiosis Law School, Pune | INR 1,65,000 |
Jamia Millia Islamia, Delhi | INR 8,700 |
Kalinga Institute of Industrial Technology, Bhubaneswar | INR 1,20,000 |
LLM Corporate and Commercial Law: College Comparison
Below given is a comparison between top colleges offering LLM Corporate and Commercial Law courses in India.
Parameter | Nalsar University of Law | National Law University |
---|---|---|
Location | Hyderabad | Jodhpur |
College Overview | NALSAR is an autonomous and public-funded premier varsity for legal studies. | NLUJ is one of India’s leading national law universities which was established in 1999. |
Admission Process | Merit Based | Merit Based |
Average Fee | INR 1,75,000 | INR 1,50,000 |
Top Recruiting Companies | Trilegal, Cyril Amarchand Mangaldas, P&A Law Offices, OYO, ICICI Bank, etc. | Indiabulls, Kotak Mahindra Bank, , Khaitan & Co., Nishith Desai & Associates, Seth Dua & Co., etc. |
Average Salary Package | INR 4.8 LPA | INR 5.8 LPA |
LLM Corporate and Commercial Law: What is it about?
- LLM Corporate and Commercial Law focuses on interdisciplinary, global, and comparative approaches in the law field study.
- Throughout the course, Law students learn the relevance of research methods applied with absolute precision and sophistication.
- The LLM Corporate and Commercial Law course helps students learn legal aspects in theory and the practical ways to use them in real-world legal discourses.
- This program helps students develop critical thinking so that they can gain in-depth knowledge of the law.
- LLM Corporate and Commercial Law provides appropriate platforms and assignments to students to improve their research skills.
- The students learn to critique, analyze and apply knowledge of corporate and commercial law to deal with corporate legislative issues.
- The student gets exposure to various countries' laws and understands the contrasting nuances; how different they are from each other. This knowledge prepares the student to deal with corporate issues in multiple countries.
LLM Corporate and Commercial Law: Course Advantages
- LLM Corporate and Commercial Law is meant to provide expert knowledge of the Indian Legal System in a comprehensive way.
- Students get to deal with different legal scenarios with proper reasoning and sound arguments.
- This course enables students to become an expert corporate lawyer, which is a highly specialized skill in the legal industry.
- Various skills will be enhanced such as problem-solving, complex reasoning, high thinking capability, reasoning and critical judgment skills etc. throughout the course.
- Apart from lawyer, students can also become a paralegal, legal administrative, legal counsellor, legal associate, etc. after pursuing LLM Corporate and Commercial Law course.
LLM Corporate and Commercial Law: Course Comparison
Below is a quick comparison between LLM Corporate and Commercial law versus LLM Business Law.
Parameters | L.L.M Corporate and Commercial Law | L.L.M. Business Law |
---|---|---|
Overview | This course encompasses overall business and legal regulations or a corporate organization | This course primarily focuses on areas involving purchasing and promotion |
Duration | 2 years | 2 years |
Average Salary | INR 7,00,000 to INR 12,00,000 | INR 6,50,000 to INR 12,00,000 |
Top Job Profiles | Corporate Lawyer, Legal Researcher, Enforcement Office, Legal Advisor, Legal Counsel, etc | Legal Expert, Advocate & Attorney General, Law Reporter, Trustee & Advocate, etc. |
Average Fees | INR 3,00,000 to INR 4,00,000 | INR 2,00,000 to INR 4,00,000 |
Checkout: Top Colleges offering LLM Corporate and Commercial Law
LLM Corporate and Commercial Law: Syllabus
Semester I | Semester II |
---|---|
Research Methodology and Legal Writing | Banking and Insurance Law |
Comparative Public Law | Law of Corporate Finance |
Company Law | International Trust Law |
Commercial Banking | CSR ( Corporate Social Responsibility) |
Derivatives in Legal Context | Insurance Law |
Semester III | Semester IV |
Principles of Corporate Law | Law and Justice in Globalized World |
Intellectual Property Law | International Trade Law |
Corporate Legal Framework | European Procurement Law |
Capital Market Laws | Foreign Trade Policies |
Philosophy of Law | Practical Research |
LLM Corporate and Commercial Law: Recommended Books
Book Name | Author |
---|---|
Lectures on Company Law and MRTP | K.S. Anantaraman |
Restriction Trade Practices and Public Interest | Dr. R.K. Singh |
Corporate Finance- Principles and problems | S.C. Kuchhal |
WTO in the new Millennium: Commentary, Case Law, Legal Texts; MVIRDC World Trade Centre | Arun Goyal |
The Anatomy of Corporate Law | Reinier Kraakman, John Armour, Paul Davies, Luca Enriques. |
LLM Corporate and Commercial Law: Job Profiles
Job Profile | Average Salary |
---|---|
Legal Expert | INR 6,00,000 |
Corporate Lawyer | INR 10,00,000 |
Professor/Teaching | INR 5,00,000 |
Corporate Associate | INR 4,00,000 |
Judge/Magistrate | INR 13,00,000 |
Asset Manager | INR 7,00,000 |
LLM Corporate and Commercial Law: Future Scope
- LLM Corporate and Commercial Law graduates can opt for MBA in Business Law after completing LLB. This course will help them to understand the functioning of law and legal procedures in the field of business administration and management.
- Students can go for an LLD (Doctor of Law) degree as it will help them to establish their career in the field of legal research and teaching.
- They can also opt for PG Diploma and Certificate courses in Law of 6 months to 1 year, which they can pursue to enhance their legal knowledge.
LLM Corporate and Commercial Law FAQs
Ques. Is corporate Law a good career in India?
Ques. What is the eligibility criteria for L.L.M?
Ques. How do you become a Corporate Lawyer?
Ques. Do I need to complete L.L.M to become a Corporate Lawyer?
Ques. Do Corporate Lawyers need math?
Ques. Does DU offer L.L.M?
Ques. What is the Salary for a Fresher after completing L.L.M in Corporate and Commercial Law?
Ques. What are the common entrance exams for L.L.M?
Ques. Is Corporate Law an easy course?