L.L.M. Corporate and Commercial Law is a 2-year Post Graduate course in the domain of legal studies with the specialization in the domain of commercial and corporate legal functioning. A minimum eligibility criterion applied for admission to the course is a score of 45% (Relaxable for reserved category students) marks at UG level in respective stream. Candidate must have obtained a UG degree from a recognized central or state/private/deemed university.
Some of the popular colleges/universities that are offering the L.L.M. in Corporate and Commercial Law course are:
The fee for the course varies from INR 16,000 to 2.25 Lacs across various colleges and universities across the country. The variation in the fee is based on the location and type of university that is private/deemed or government.
Admissions to the course are based on both entrance test based admission mechanism as well as a merit-based selection that is based on the marks obtained by the candidate in Under Graduate program. The procedure varies from college to college.
A Post Graduate in legal studies can have a variety of options to choose from in terms of his/her career. He/she can make a career with the firm such as Corporate Firms, legal consultancies, Enforcement agencies, Judiciary, Tribunals, etc. Law students are well equipped with the knowledge of jurisprudence and legal philosophy and its application and thus are suitable to undertake various roles in the domain of legal works. A fresh Post Graduate can expect a starting salary of anywhere between INR 16,000 to 21,000 per month.
|Course Type||Post Graduate (PG)|
|Area Concerned||Legal Studies|
|Duration of Course||2 Years|
|Admission process||Entrance Test based /Merit-based (Based on UG percentage)|
|Structure of Course||Semester-Wise|
|Eligibility||Graduation from any college/university with a minimum of 45% (relaxable for reserved category candidates) marks at UG level.|
|Top recruiting areas||Corporate Firms, legal consultancies, Enforcement agencies, Judiciary, Tribunals, etc.|
|Job Profiles||Legal counsel, Corporate lawyer, Associate advocate, Civil judge, Legal researcher, Enforcement officer etc.|
|Course Fee||INR 16,000 to 2.25 Lacs|
|Average starting salary||INR 16,000 to 21,000|
Law as an academic domain deals with the study of legal procedures, Jurisprudence, philosophy of law and justice. While dealing with a diverse set of cases how the canons of legal propriety would be displayed by the judges and what would be the manner in which the legal practitioner should plead is what that comes under the ambit of legal studies.
Corporate and commercial domain being an engine of economic growth also contributes to a good number of legal disputes and matters arising out of tax-related laws, policies, and principles. These matters require an expertise on the path of a legal mediator to handle the nitty-gritty in a defined manner. Hence, arises a need for qualified legal practitioners in the domain.
A master’s course in the subject is aimed at equipping the students with the specialized knowledge to the students in the said subject. Law is a subject that involves both philosophical study of theories as well as practical study of legal models that are operating across the world
The structure of the course is designed in a manner so as to provide students a holistic overview and insight into the subject so that they are able to apply their knowledge base when they enter the job market. The two-year duration of the course provides this knowledge in a gradual manner through a semester-based system to the students.
A significant number of colleges across the country offer L.L.M. in Corporate and Commercial Law course to candidates who have passed their UG or equivalent examination from a recognized state or central University.
For your reference, we have tabled down a list of various colleges/universities that are offering this course in India.
|Institute||City||Approximate Average Fee (For duration of the course)|
|Amity University||Jaipur||INR 1,08,000|
|Lovely Professional University||Jalandhar||INR 1,09, 846|
|KIIT School of Law||Bhubaneswar||INR 2,35, 500|
|Galgotias University||Greater Noida||INR 75,000|
|Bharati Vidyapeeth deemed university||Kolhapur||INR 80, 170|
|Chandigarh University||Chandigarh||INR 1,40,000|
|University of Mumbai||Mumbai||INR 1,03,062|
|Savitribai Phule Pune University||Pune||INR 47,900|
|Jamia Milia Islamia||Delhi||INR 7,000|
Interested candidates can make an application for admission to the course in the above-mentioned Universities and colleges. Students can also search for an option in face of institutes offering the course in their local region/region of residence in case they are not willing to relocate for the purpose of their graduation.
Candidate must have passed the UG or equivalent examination with at least 45% (for reserved category candidates) of the marks from a recognized state/private/deemed or central University.
The eligibility criteria’s mentioned above are common to most of the universities and colleges across the country that are offering this course to the students.
Admission to the course involves both merit-based selection procedure and a common entrance test based admission process (as seen across various Universities and colleges in the country).
In most of the colleges, the admission process would be a straight and uniform task.
The syllabus of the course is divided into 4 semesters spread over a span of two years with each year comprising of two semesters. The syllabus of the course is divided into various parts and modules that students are taught during the course of their post-graduation. The details regarding the syllabus of the course are mentioned below for the reference to the candidates.
|Semester I||Semester II|
|Company Law||International Trust law|
|Derivatives in Legal Context||Corporate social responsibility|
|International financial laws||Procurement laws|
|Banking and Finance Law||Competition laws|
|Commercial Banking||Insurance laws|
|Semester III||Semester V|
|Capital market laws||European procurement law|
|Economic tribunals||Free trade agreements|
|Corporate legal framework||Foreign trade policies|
|Philosophy of law||Research work|
|Jurisprudence||Dissertation and Viva-voce|
L.L.M. in Corporate and Commercial Law Postgraduates have plenty of options to choose from in terms of their career. One can choose to work as Legal counsel, a corporate lawyer, Associate advocate, civil judge, Legal researcher, Enforcement officer etc.
To provide you a holistic view of the career prospects of the course we have tabled certain areas and the respective roles attached to the same where law postgraduates can look for in terms of their career.
|Area/Domain||Role||Average Salary for Fresher’s|
|Legal Counselor||Legal counselors are involved in rendering legal advice to firms and corporate houses in regards to maintenance of compliance with legal procedures and framework.||INR 2.7-3.38 Lacs|
|Corporate Lawyer||A corporate lawyer is involved in pleading before the courts of law in the matter on behalf of his/her corporate clients.||INR 2.51- 2.94 Lacs|
|Civil Judge||A civil judge is involved in presiding over the cases of civil nature at district courts or tribunals.||INR 5.98 – 6.30 Lacs|
|Legal Researcher||A researcher is involved in a variety of works like analysis, synthesis, and framing of various drafts and affidavits related to statutory and constitutional laws.||INR 2.2-2.42 Lacs|
|Enforcement Officer||The job involves supervisory control so, as to ensure proper enforcement of legal mechanism.||INR 5.8- 6.2 Lacs|