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LLM Corporate and Commercial Law Course Overview, Admission, Top Colleges, Jobs 2023

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.

Know More About: Law Courses

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.
Admission Process

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

Top Colleges

LLM Corporate and Commercial Law: Top Colleges

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
What is it about?

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.
Course Comparison

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

Syllabus

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.
Job Profiles

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
Future Scope

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. 
FAQs

LLM Corporate and Commercial Law FAQs 

Ques. Is corporate Law a good career in India?

Ans. Corporate Law provides a rewarding and lucrative career. The specialization in Corporate Law will give you a definite edge over other legal fields. It gives you plenty of opportunities to work in the private and public sectors.

Ques. What is the eligibility criteria for L.L.M?

Ans. The candidate should have an L.L.B with a minimum of 50% from a recognized university/college. The candidate may also have to clear entrance tests at the university or national level, like CLAT PG, which is considered a tough examination.

Ques. How do you become a Corporate Lawyer?

Ans. You need to complete a 5 Year Degree (BA LLB) program after completing 10+2 or completing 3 years (BA LLB) program after getting a bachelor's degree in any other discipline. You may also study Masters in Laws to gain more knowledge of the field, but it's not mandatory to become a corporate lawyer.

Ques. Do I need to complete L.L.M to become a Corporate Lawyer?

Ans. No, Bachelors of Law (L.L.B) is sufficient to become a corporate lawyer. However, a Master's (L.L.M) degree helps you further advance your career.

Ques. Do Corporate Lawyers need math?

Ans. Although being good at numbers helps a corporate lawyer. More than that, this role requires in-depth knowledge of legal intricacies.

Ques. Does DU offer L.L.M?

Ans. Yes, DU Faculty of Law offers L.L.M Degree. Admissions are made via a standard entrance test.

Ques. What is the Salary for a Fresher after completing L.L.M in Corporate and Commercial Law?

Ans. The average salary for a fresher is about INR 6,00,000 to INR 8,00,000.

Ques. What are the common entrance exams for L.L.M?

Ans. CLAT PG, AILET PG, DU LLM CET, LSAT PG

Ques. Is Corporate Law an easy course?

Ans. If you have an inclination towards Law and business, this course will be perfect. An LLM course is certainly not easy and requires extensive study, including both theory and practical application.

Ask your question

Answered Questions

PP

Praniti Pathak

28 Sept 21

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.

...Show More

EB

Esha Bose,

25 Oct 21

Masters in Business Law (MBL) from NLSIU is not UGC recognized. If you are an average student willing to pursue this, it is suggested that you look for other options. This is because passing is a tiring task here., it will gradually become harder to drag it for the remaining years. You also have to pay an extension fee of INR 5000 every year.

There are better courses available. Do some market research and then apply, do not get excited with just the brand name NLSIU. This course also has no market value. Companies prefer regular courses or professional courses.

...Show More

SD

Shreya Das,

25 Oct 21

The Masters in Business Law (MBL) course from NLSIU is not difficult but the course work is more rigorous than LLB coursework. 

Law as a subject in itself requires a thorough readership and effort to get into every detail. It offers 10 subjects. Students with a working background could find it difficult to tackle both sides.

The questions asked in the exams are straightforward compared to the question papers that are set for the regular course students.

Most of the students who fail in the examination are because they are working so taking out time from their schedules to study for exams becomes hectic. However, if you are interested in doing the course then it is highly recommended.

...Show More

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