Master of Law in Corporate Law is a postgraduate 2- year course, which is designed to educate students about how interaction between shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community, and the environment takes place in the corporate world.
The basic criterion of eligibility for application to the course is an L.L.B (Bachelor of Law) or equivalent degree from a recognized university. In India, the course is offered at an average fee lying between INR 2 and 5 Lacs, varying across institutes.
Successful postgraduates of the course are lucratively employed in industries such as corporate firms, courts/judiciary, law enforcement agencies, etc. with an average initial salary ranging between INR 3 and 10 Lacs, increasing gradually with the candidate’s expertise in the field.
Listed below are some of the important highlights of the course.
|Eligibility||L.L.B or equivalent qualification|
|Admission Process||Counseling after taking entrance examination|
|Examination Type||Semester System|
|Course Fee||INR 2 to 5 Lacs|
|Average Initial Salary||INR 2 to 10 Lacs|
|Major Entrance Test||CLAT PG, AILET PG, ILI CAT, IPU CET etc.|
Corporate Law is a branch of law that includes law of corporations or companies. The course involves a detailed study of all matters within the corporate sectors, from the birth of companies to their dissolution. It also includes issues related to floatation of companies, corporate restructuring, and corporate governance, among others.
Candidates aspiring to pursue the course would ideally possess a critical understanding of the essential legal, economic and financial matters, pertaining to the entire life-cycle of a corporation, along with a sound understanding of fundamental concepts of finance and economics. They would have good communication skills, both oral and written, besides an analytic mind.
Tabulated below are some of the top institutes providing the course, along with their corresponding locations and fees charged by each.
|COLLEGE NAME||CITY||AVERAGE ANNUAL FEES|
|National Law School of India Institute (NLSIU)||Bangalore||80,000 INR|
|Faculty of Law, University of Delhi||New Delhi||-|
|The National Law Institute University (NLIU)||Bhopal||1.5 Lac INR|
|Symbiosis Law School||Pune||92,000 INR|
|NALSAR University of Law||Hyderabad||83,000 INR|
The minimum requirement of eligibility for the course is an L.L.B (Bachelor of Law) or another equivalent degree, completed with a minimum aggregate score of 45% for general category and 40% for SC/ST, from a recognized university.
Candidates are advised to possess work experience of a minimum of 1 year, as many reputed institutes prefer candidates with professional knowledge.
For admission to the course, candidates are needed to qualify an entrance examination first, which may be conducted at any of national, State, and university levels.
Qualifying candidates need to subsequently go through rounds of group discussion and personal interview, wherein their aptitude for the course is assessed.
Some of the major entrance examinations conducted in India for admission to L.L.M in Corporate law are listed below.
Given below is a semester-wise breakup of the course’s syllabus.
|Financial Models and Derivatives in a Legal Context|
|Regulation of International Finance: The Law, The Economics, The Politics|
|Banking and Finance Law|
|Commercial Banking and Financial Markets|
|Comparative and International Trust law|
|Corporate Social Responsibilities and the Law|
|European Law of Capital Markets|
|European Procurement Law|
|Principles of Competition Law for Innovation|
|Principles of Insurance Law|
|Principles of International Tax Law|
Successful post-graduates of the course can find lucrative job opportunities in areas such as law firms, banks, courts/ judiciary, or start their own practice. Candidates interested in higher studies in the discipline may pursue Ph.D. or M.Phil. in the subject.
Some of the popular professional avenues are listed below, along with the role associated with each job profile.
|JOB PROFILE||JOB DESCRIPTION||AVERAGE SALARY IN INR|
|Corporate Lawyer||To research and write memos, draft contract and reviews, prepare filings for State and central agencies, and form and maintain of corporate entities.||3 to 7 Lacs|
|Corporate Events Associate||They are responsible for all aspects of corporate event coordination. Their duties include planning and executing corporate events within the company and their brands and the community. They serve as liaison between staff, customers and vendors.||2.5 to 5 Lacs|
|Lecturer/Professor||To teach at undergraduate and graduate levels in areas allocated and reviewed from time to time by the Head of Department and to supervise or assist with supervision of undergraduate, taught graduate (Masters) or research graduate (MPhil/PhD) students.||4 to 7 Lacs|
|Legal Counsel||To advise employees and businesses in and out of the courtroom on a variety of legal matters.||3 t 6 Lacs|
|Management Trainee||To perform an assortment of related duties in departments such as Finance, Client Services, Sales, Operations, Healthcare Data Solutions and IT.||2 to 3.5 Lacs|
|Assistant Manager||Responsible for recruiting and interviewing quality people as well as making sure that the new employees transition as smoothly as possibly into their jobs.||4 to 6 Lacs|