Master of Law Business Law Top Colleges, Syllabus, Scope and Salary

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Pranjal Singhal

Content Curator | Updated on - Jun 9, 2021

L.L.M. Business Law is a postgraduate Law course. The course gives an in-depth legal knowledge of issues such as Business governance and business liabilities. The candidate should have secured an L.L.B. degree or its equivalent from a recognized University, having obtained not less than 55% marks in the aggregate (50% in case of candidates belonging to SC/ST/OBC).

Top Institutes offering LLM Business Law are:

Its focus is upon the practical difficulties businesses experience when meeting their legal obligations and complying with regulatory frameworks. Business Law touches on everything from contracts, transactions, bankruptcy, and taxation to banking, trade regulation, competition, finance, and intellectual property. Given the importance of these areas to national and international business, it's no wonder why so many lawyers study and work in the field.

Such postgraduates are hired in capacities such as Legal Expert, Advocate & Attorney General, Law Reporter, Trustee & Advocate, Magistrate, Munsifs (Sub-Magistrate) Notary, Oath Commissioner, District & Sessions Judge, Public Prosecutor, Legal Advisor & Solicitor, Teacher etc.

The average tuition fee charged for the course in India ranges between INR 5000 and 2 Lacs for a span of 2 years, the starting salary offered in anywhere in India between INR 15,000 to 25,000 per month. After some skills and experience, applicants can easily earn Rs. 40,000 to Rs. 60,000 per month.

LLM Business Law: Course Highlights

Listed below are some of the major highlights of the course.

Course Level Post Graduation
Duration 2 years
Examination Type Semester System/Year wise
Eligibility L.L.B. degree or its equivalent with 55% marks
Admission Process Based on entrance exams
Course Fee INR 5,000 to 5 Lacs
Average Starting Salary INR 3 to 12 lacs per annum
Top Recruiting Companies Railway, ICICI, HSBC, HDFC etc.
Top Recruiting Areas Educational Institutes, Private Practice, News Channels, Sales Tax and Excise Departments, Banks, Multinational Companies, Business Houses, International Organizations, Legal Consultancies, Newspapers, Regulatory Bodies, Legal Departments of Public and Private Sector Organizations, Government Departments, Judiciary etc.
Job Positions Legal Expert, Advocate & Attorney General, Law Reporter, Trustee & Advocate, Magistrate, Munsifs (Sub-Magistrate) Notary, Oath Commissioner, District & Sessions Judge, Public Prosecutor, Legal Advisor & Solicitor, Teacher etc.

LLM Business Law: What is it about?

This course is designed in a manner to increase the employability of those who enroll for it. The course comprises business skills, regulatory wisdom, strategic prowess, profound legal and business knowledge.

LLM Business Law Course is suitable for those who want to focus on the legal aspects of commercial transactions, such as drafting contracts, insurance, financing, bank guarantees, insolvency issues, and investments.

Candidates who are willing to have a further higher degree also are a good match for it. They should possess good communication and interpersonal skills also are suitable for it. They should be able to debate, a good orator and can be able to satisfy their clients as per their cases.

LLM Business Law: Top Institutes

Listed below are some of the top institutes in India that offer the course.

Name Of Institute City  Average Fees
National Law School of India University Bangalore INR 80,100
The West Bengal National University of Juridical Sciences Kolkata INR 1,29,000
The National Law Institute University Bhopal INR 1,40,000
Symbiosis Law School Pune INR 92,000
O.P. Jindal Global University, Jindal Global Law School Sonepat INR 4,25,000
National Law University Jodhpur INR 1,70,000
Hidayatullah National Law University Raipur INR 79,000
University College of Law, Osmania University Hyderabad INR 10,000
Tamil Nadu Dr Ambedkar Law University Chenna INR 35,100
Sharda University Greater Noida INR 1,40,000
Mahatma Gandhi Law College Hyderabad INR 24,100
ICFAI University West Tripura INR 90,000
Kerala Law Academy Thiruvananthapuram INR 60,000
National University of Study And Research In Law Ranchi INR 1,60,000
Manikchand Pahade Law College Aurangabad INR 10,210
National Law University and Judicial Academy Guwahati INR 94,500
Geeta Institute of Law Panipat INR 49,500
Govind Ramnath Kare College of Law South Goa INR 38,732
Adarsha Law College Warangal INR 26,910
ICFAI Law School Hyderabad INR 1,35,000

LLM Business Law: Eligibility 

The candidate should have secured an L.L.B. degree or its equivalent from a recognized University, having obtained not less than 55% marks in the aggregate (50% in case of candidates belonging to SC/ST/OBC).

LLM Business Law: Admission Process

Students need to initially fill the form either online on the college site or offline or Direct Mode, getting it from the Office of Admission at the University.

The candidates are then required to take the University Entrance Test. The second part of the admission process is based on the Skill Assessment which is also a written test, which tests the written skills, communication skills and logical reasoning of the candidates.

The next step of the admission process involves a personal interview of the candidate where the student is also assessed on the basis of the academic performances in class X, XII, and the degree.

Further, the selected candidates after the personal interview will be categorized into three categories: Selected, Wait Listed and Not Selected.

List of LLM Entrance Exams in India

  • Amity Law School Entrance Exam
  • AP PGLCET
  • Bangalore University LLM Entrance Exam
  • Bharati Vidyapeeth University LLM Entrance Exam
  • CCL Entrance Test
  • CLAT
  • CUST LLM Entrance Exam
  • CLAT-LLM
  • Delhi University LLM Entrance Exam
  • Jamia Millia Islamia University LLM Entrance Exam
  • LSAT
  • NLIU Entrance Exam, LLM Entrance Exam

LLM Business Law: Syllabus and Course Description

A year-wise breakup of the course’s syllabus is tabulated here.

Semester I Semester II
Law and Social Transformation in India Legal Practical
Indian Constitutional Law: The New Challenges Law of Industrial and Intellectual Property
Judicial Process Environmental Law
Legal Education and Research Methodology Business Law
Semester III Semester IV
Business Law Dissertation
Insurance Law -
Legal Regulation of Economic Enterprises, Law Relating to Regulatory Authorities -

LLM Business Law: Career Prospects

The Business sector has seen an unprecedented growth in the last few decades. This has created a huge opportunity for the Business law professional in the industry. A Business lawyer is a person responsible for handling the business operations, the decision in a legal way.

 The Business lawyer or attorney provides guidelines to the company’s that how the business is conducted within the legal limits. The Business legal counselor additionally takes care of the customers who have some kind of criminal allegations against them with respect to their business activities and also authorized any new business activity or business deal performed by an association.

There are ample of job opportunities available in government as well as private sectors. After pursuing LLM degree in Business law, candidates can get job placements in law firms, insurers, banks, asset managers, etc. If they are interested in a teaching field, they can become or appointed as a Teacher or Lecturer in colleges or universities after completing the master’s degree in Business Law.

Further Studies: Students who wish to pursue higher studies can opt for LLD (Doctor of Laws), Ph.D. in Law, M.Phil. Law. 

Related LLM Business Law courses are:

Read More About Master of Laws (LLM) Courses

Some of the popular professional avenues open to successful graduates/ postgraduates of the course are listed below with the corresponding salaries offered for the respective positions.

Master of Law [LLM] (Business Law) annual salary
Job Position Job Description Average Annual Pay Scale in INR
Legal Expert Legal Expert play out an assortment of office assignments, including scheduling appointments, answering the phone and dealing with everyday correspondence. 849,753
Assistant Professor Assistant Professor are responsible to educate students, publish their individual academic effort in scholarly papers or journals, electronic media and books. 420,415
Advocate & Attorney General Advocates mostly work with civil cases where they read contracts or disputes from another from another group which is likewise spoken to by another attorney general. 458,411
Magistrate A magistrate is kind of judge who typically serves in a civil court that deals with misdemeanors, traffic violations, small claims cases, Arbitrate, pretrial hearings, adjudicate, advise, or administer justice in a court of law. 720,565
Notary, Oath Commissioner The duty of a Notary, Oath Commissioner are to witness and administer oaths, authenticate signatures, verify signatures and take affidavits. Notaries public are used by state representing bodies to avoid extortion, prevent fraud and robbery inside public matters. 843,430

Master of Laws [L.L.M.] (Business Law) Fee Structure in India


2.63 K (Minimum Fee)PUBLIC COLLEGES2.54 L  (Maximum Fee)
81.47 K (Average Fee)
44 K (Minimum Fee)Private COLLEGES2.97 L (Maximum Fee)
1.12 L (Average Fee)

Master of Laws [L.L.M.] (Business Law) Fee Structure By state


Madhya Pradesh

80.75 KPUBLIC COLLEGES1.50 L
1.15 L
64 KPrivate COLLEGES1.54 L
1.04 L

Maharashtra

8.09 KPUBLIC COLLEGES25.59 K
15.98 K
50 KPrivate COLLEGES1.28 L
79.49 K

Gujarat

17.12 KPUBLIC COLLEGES52.26 K
34.69 K
50 KPrivate COLLEGES50 K
50 K

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Government Law College (4)
National Law School of India University - [NLSIU] (4)
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Geeta Institute of Law - [GIL] (1)
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The Tamil Nadu Dr. Ambedkar Law University, School of Excellence in Law [SOEL] (1)
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Himachal Pradesh National Law University - [HPNLU] (1)
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21 Reviews found out of 213922


Vg
5.8 /10

Admission :

I choose this cource because I completed my LLB graduation and wanted to admission in LLM post graduation course so that's why I take admission in that course. My college is top college in my city. Education and other things are properly served in my college. Actually admission procedure is very simple in my college I give my ex college leaving cirtificate, mark memos, my aadhar card, my passport size photo, and I got the admission in my college.

Faculty :

In my College teachers are in between 26 to 60 ages groups available and they have most qualified in law some are PHD in LAW, LLM, etc and some are have cirtificates to some college reaching. college staff mostly has higer education taking. College principal take interviews some selected as life time job some on contract basis.

Course Curriculum Overview :

No in my college is related to LAW my teachers giving information about legal things which are related to companies and some times banking sectors and some companies visits in our college for placement for companies legal department. My College is has do law related legal department placements only.

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S
9.0 /10

Placement Experience :

The college offers various opportunities for LLM students in several reputed and established companies. Students can also apply for any off-campus companies as well. The placement cell helps students to get ready for job interviews. Yes, the college also offers internships to students, so that they can learn everything taught in the class practically and make a better future.

Fee Structure And Facilities :

Since this is a government college, the fee structure is very much feasible and affordable but this college has much lesser course fees than other government law colleges. The total fees for 2 years that I had to pay were Rs 3,900 including tuition fees of Rs 500 every year, other fees of Rs 1449 every year, registration fees of Rs 50 during the admission only.

Campus Life :

The best extra-curricular activity that each and every student enjoys and eagerly participate is the moot court, where every thing is set up like a real court and students fight cases similarly which happens in real courts. We also have several other activities such as sports tournaments, campaigns, workshops, convocation etc.

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P
9.3 /10

Campus Life :

When it comes to extracurricular activities the college isn't behind the students have constituted a number of societies who organize cultural events throughout the year. The University also has a number of sports teams which participate in different competitions. The students usually chill around the campus and go to nearby cafes to have a gala time.

Placement Experience :

There are ample of placement opportunities available to the 5th and 6th semester students, mostly by then most of the students have been absorbed by law firms and other organisations. The college also takes the initiative to invite big MNC's for placement drives and campus recruitment.

Admission :

After completing my LLB I had decided to pursue LLM from TNDALU, so I started preparing for the entrance exam. The course for the entrance exam is vast so it required a lot hard work so when I finally got a call informing me about my admission I was absolutely delighted.

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D
7.7 /10

Fee Structure And Facilities :

This course has affordable fee structure.A total of Rs 70,200 is charged for two years where Rs 38,200 for first year and Rs 32,000 for second.Admission fee and Library deposit of Rs 3000 each is collected at the start of course which is refundable after the degree completes.

Course Curriculum Overview :

The course is well structured into two years following a semester-wise pattern.First sem covers corporate finance ,internal arbitration,Second includes banking law & competition law,Third covers foreign trade and optional subjects and final sem covers insurance law.

Campus Life :

There are lots of lab available at the university,Various case studied are provided for students learning,a wide range of law books are open for all students too.For all these facilities a deposit is also taken at the start of curriculum.

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RP
5.5 /10

Admission :

The notification is usually out in February end or March first week. And everything was done online including admission and seat allocation, making the process very very easy. You can apply online, deposit the fees online. After the entrance, you can pay the whole amount and get a seat if you manage a decent enough rank. After final allocation, you have to go to the institute and just confirm your admission. So I will say the whole process was very very smooth.

College Events :

Every festival in the calendar finds its place im the life of NUJS including some of its own. The outlawed fest is one of the best of its kind, vowing as the best law school annual fest. Diwali, lohri, holi, christmas, eid, etc find their own place and you will fall in love with the cultural diversities in the campus, yet everyone celebrating all the festivals together.

Exam Structure :

There are a lot of submissions and paper presentations giving you hectic days, but it is worth it all. The semester pattern on the other hand makes your job less burdensome given that your work is divided. And also papers and submissions carry higher percentile of your marks so the exam pattern is quite good.

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R
9.3 /10

Fee Structure And Facilities :

The fee structure of the college is extremely feasible and justified if compared to the quality of education provided. It costs ?1.38 lacs for the complete course. In my opinion, it is pretty justified and value for money.

Placement Experience :

The opportunities of placement are commendable. There are many prestigious companies that visit the campus every year to hire students. Besides these, there are several internships opportunities available too.

Course Curriculum Overview :

The curriculum is vast and rigid with deep focus on Maritime Law. There is also a fixed structure of examinations, tests and practicals. This curriculum indeed facilitates wholesome development of a student.

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S
9.0 /10

Faculty :

The faculty of the college is renowned and their contribution to the field of law and teaching is of utmost importance. It is a pleasure to learn and grow under them. They are literally the best faculty one could've asked for.

Admission :

After completing L.L.B, I decided to pursue L.L.M in International Trade Law from Gujarat Maritime University - [GMU], Gandhi Nagar. The admission criteria of the college was simple and based on the merit of a student.

Course Curriculum Overview :

The curriculum of the L.L.M. course is vast and covers all the major aspects of law but its paramount significance lies in the International Trade Law. It also has a well established structure of conducting exams too.

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A
9.3 /10

Campus Life :

There are many computer labs . Also there is a library where we can issue as many books as we can. There are many magazines and journals in the library. As this university is started in the year 2016 so the construction for many infrastructure is going on.

Fee Structure And Facilities :

The annual fees for the course of LLB is about INR 1.42 lakhs. This is a 1 year course . The university has many payments method like network banking, cash or cheque also. Compared to the other universities this university has a reasonable fees.

Admission :

The admission in this university is done based on an entrance exam known as CLAT(common law entrance test) exam . The eligibility criteria for this university is either LLB graduate or five year integrated LLB graduate with at least 55% marks.

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G
7.3 /10

Course Curriculum Overview :

The curriculum was maintained by its management. It was detailed and had all the necessary topics for the students. To score the students in internal assessments, regular tests and presentations were held. Exams were part of curriculum.

Remarks :

The college was great in every sense. I have had the best times spend in this college. The infrastructure of the college was nicely built and had the basic necessities available. Also, hostel facilities were fine and suitable for me.

Admission :

The admission process of the college was based on merit. It was compulsory for to have LLB degree in hand to seek admission in this course. I was well aware of the admission criteria which created no issue for me during admission.

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P
7.0 /10

Placement Experience :

There was no placement or retirement drive taking place in the college. Even for internships, I had to analyze and search for places to apply online and offline. After finishing my masters, my next step was to gain some insight into the real world so, I started applying to firms where I could begin working.

Course Curriculum Overview :

Generally, colleges offer one year for my course but the Government Law College is scheduled for two years. As per the syllabus is concerned, it was exhaustive. It was an intensive two years of studies that were impalacable. While one assignment would finish, the other was lined up for the students.

Faculty :

The professors always preferred teaching the master degree students over the bachelor's degree students. This is because they would enjoy teaching the syllabus that they had their specialization in and would promptly hold even group discussions in some lecturers with the student.

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S
9.3 /10

Campus Life :

There are plenty of extracurricular activities held in college. From workshops to sports events everything is conducted with discipline and it is fun to take part in such events. They are extremely important for the overall personality development. I developed a lot of skills. The library is well maintained and contains every book. Books are kept neatly. The college also has a computer lab.

Admission :

The admission to my course is based on the marks performance in the qualifying exam that is a valid score in CLAT. Also one must have passed L.L.B with 50 %. The application registration is offline. Applicants can either obtain the application form in person or can be obtained through the post.

Alumni/Alumna :

The seniors are very humble. They never make fun of you or mock you. They even conduct session where we share about our views. They are extremely helpful. The alumni of the college are placed in various big law firms. Sometimes they visit the college and encourage the students.

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D
7.3 /10

Campus Life :

There are many extracurricular activities organised in our college like literary competitions such as poem & writing competitions, moot court competitions, law awareness programmes etc. There are many societies and clubs formed by college faculties for different activities includes youth parliament, debate and declamations societies, moot court competitions, law awareness programmes, women's rights society, human rights clubs and much more.

Course Curriculum Overview :

This is a post graduation course of 1 year divided into 2 semesters. The course combine both coursework and research. This degree enhances one's repute as the course signifies advanced, specialized legal training and it also signifies that a person is qualified to work in a multinational legal environment. Overall the course is little stressing and hectic as the course involves so much part of theory.

Placement Experience :

Mostly students in law prefer practice by their own instead of placed in companies. Still, college has its set of tie ups with banks and law firms that needs lawyers. Some recuriting banks and lawfirms like Reserve Bank, Shardul Amarchand Mangaldas & Co, Trilegal India, Khaitan& Co etc give placement opportunity to students based on their acdemic scores and how they did in their interview.

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A
8.0 /10

Campus Life :

I think the campus life and ambiance here is really great . many different kinds of extracurricular activities are going on around here and no one can ever get bored here. Matches, seminars and workshops etc are played here often.

Placement Experience :

the placements here are great. i mean placement records here are awesome . most of the companies offer around 10 to 12 lakhs per annum here to the students.also for last year it was 100 percent too.

Faculty :

The faculty here are very supoportive and have a very positive way of engaging with the students . they always teach us about the practical situations we have to deal with and give a motivation.

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J
8.7 /10

Course Curriculum Overview :

L.L.M. is a very prestigious course and the curriculum of the same at this university is indeed very particular and wholesome that covers all the major aspects that are available in business and its laws that a student must learn.

Campus Life :

To foster a feeling of oneness and belongingness among the students and make them realise the worth of college life, several extra curricular activities are organised and these include cultural evenings, fests, seminars etcetera.

Placement Experience :

The placement opportunities of the college are really good as every year students get placed through campus placements moreover, there are several other opportunities of internships as well that are available to the students.

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S
9.3 /10

Campus Life :

Activities that are light, fun and whimsical in nature are organised throughout the year. Many of these activities are solely organised by the students of the college which in return, helps them in developing a sense of authority and responsibility.

Admission :

I am currently pursuing Master of Laws [L.L.M] in Business Law from National Law School of India University - [NLSIU], Bangalore. The admission of a student is based on their L.L.B score which must be above 50% and the scores of the CLAT exam.

Fee Structure And Facilities :

The fee for the Master of Laws [L.L.M] in Business Law course at this university is ?2.52 lakhs for the complete two year, full time, on-campus course. In my opinion, this course has an affordable fee structure and is value for money.

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G
9.7 /10

Course Curriculum Overview :

My course was LLB Business law. The duration based on Trimester system. Four courses were offered to study at Trimester. In subjects national and international are given importance for study. During their third and last semester we have to undergo writing dissertation. The exams takes place at end of the semester. Internal are marked by student performance in assignments, seminars etc.

Remarks :

Our college is one of the best law college in India. Hostel facilities are good and mess food was healthy. There is a health center in our campus to attend the necessities for students. The library in our provides us study related material such as journals, reports, textbooks, reference books etc.

Admission :

The admission in the college based on Common law admission test (CLAT). I wanted to do my higher studies in legal profession and to explore the course better. I wrote the CLAT exam and scored good marks. And I applied for the college and got admitted based on my performance.

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A
8.3 /10

Remarks :

Studying here is so affordable plus you can really learn a lot without your day being pressure filled. There is a lot of real world experience and the internships required simply make you get your foot in the door at different universities.

Faculty :

Faculty is very nice. They are retired lawyers or from court like the judges even and they know exactly how to teach. This is very relevant because it is more realistic than the textbooks may show you. You need that real-world experience.

Campus Life :

There are many activities for students to do after hours. There are many events celebrated in this college like holidays and festivals such as Onam or even specific events like women's day. They try to incorporate all cultures here.

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Campus Life :

The college has students from different backgrounds and cultures and all respect each other. There are equal number of boys and girls in the campus. College has big playgrounds with spacious multipurpose hall and MOOT with all the services and real court scene. The library is full with preferences books and textbooks. Overall the environment of the college is friendly, and stressfree.

Admission :

After completing my LLB I applied to the college through their official website where the application form was available. After submitting the required documents I was called up on the campus and an interview session was conducted. I cleared the interview round with the English proficiency test and was enrolled for the LLM course.

Placement Experience :

The college hosts placement at the end of second year where the known forms and recognised companies come to interview us. This selection is on the basis of merit and academic performances as well as the MOOT performance.75% of the students get placed through the campus with an average package of Rs.8 lakhs per annum.

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Sk
10.0 /10

Course Curriculum Overview :

All the faculty members are much experienced and curriculum consideration, discussions on contemporary legal issues and other legal learning activities are the integrated part of legal education GIL is providing to students.

Placement Experience :

Many corporates are associated with the GIL internship cell which provides constant support and practical exposure to the students of GIL for making their learning more effective and experience-based.

Campus Life :

Geeta Institute of Law is the perfect institute for legal learning. Management of the college has focused on providing all the contemporary facilities of learning in the college.

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H
6.7 /10

Faculty :

The faculty are highly qualified and they are always open for the students seeming academic and other help from them. They are very professional at their job yet they will make you comfortable enough that you will not find difficulty discussing any topics .

Campus Life :

There are several events which take place regularly when it comes to extracurricular activities and whether you are from a different region, race, sex etc, all these doesn't affect your chances of participating in the event in any way.

Placement Experience :

The placement& job opportunities are not provided by the college but they will train you enough to secure a good job as well as they will help you in getting an internship. You can ask for your professors help for these things.

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