What is Corporate Law
Corporate Law is a specialised field in the field of Law and has a great scope for graduates. It is also known as business law or company law. This degree applies to sole proprietorship, partnership, association and corporations. The day-to-day activities of a Corporate Lawyer include safeguarding commercial transactions, preparing corporate agreements, filing taxes and managing government reporting.
A degree in the Corporate Law domain can be pursued at both undergraduate and postgraduate levels. Corporate Law is a specialisation that one can pursue while taking up a law degree. Degrees like LL.B (Bachelor of Legislative Law) and B.A. LL.B, BBA.LL.B BBA.LL.B(Hons) in B.Com.LL.B, B.Sc.LL.B can be pursued in Corporate Law.
The recent decades have been a trendsetter for "Corporate" since we are living in a corporate era. Most people are ambitious to get a corporate job in a top-notch organisation, but their thoughts are limited to software and IT only. The growth in this sector brought lots of career avenues worldwide. Corporate Law is a highly reputed and rewarding career in the corporate world.
Corporate Law- Important Dates and Events
- 01 Dec 2024- Exam - CLAT | Mode: Offline
- 08 Dec 2024: Exam - AILET exam date | Mode: Offline
Corporate Law Course Highlights
| Particulars | Values |
|---|---|
Branch Name | Corporate Law |
Degree | LLB, Integrated law, and LLM |
Duration | LLB(3 years) Integrated LLB(5 years) LLM (2 years) |
Eligibility | LLB( Graduate with 50 per cent of aggregate marks from a recognised board) Integrated LLB(10+2 with 50 per cent of aggregate marks from a recognised board) LLM(Bachelor of Law Degree with 50 per cent of aggregate marks) |
Admission Process | LLB( Entrance exams like CLAT, TS LAWCET, LSAT) Integrated LLB(Entrance exams like CLAT, LSAT, AILET) LLM (Entrance exams like AILET, IPU CET, BHU UET) |
Top Entrance Exams | CLAT, AILET, LSAT, MH CET |
Course Fees | LLB( Rs 50,000 to Rs 2,50,000) Integrated LLB( Rs 1,00,000 to Rs 4,00,000) LLM(Rs 1,50,000 to Rs 4,00,000 ) |
Semesters | LLB( 6 semesters) Integrated LLB( 10 semesters) LLM( 4 semesters) |
Top Colleges | BBDU Lucknow - Babu Banarasi Das University, Lucknow, GITAM School of Law Visakhapatnam, HNGU Patan - Hemchandracharya North Gujarat University, Patan, SLCU Bangalore, and SLS Nagpur - Symbiosis Law School, Nagpur |
Career options | Lawyer, Lecturer, Law Officer, Legal Administrator, Corporate Lawyer, and Legal Advisor |
Average Salary | Rs 2,50,000 to Rs 8,00,000 |
Recruiting Companies | Trilegal India, Khaitan & Co., Sagar Associates, DSK Legal , and Shardul Amarchand Mangaldas & Co, |
What is a Corporate Law course?
Corporate Law course prepares the graduates to understand the legal implications of running a business. Key factors to consider before enrolling are:
Objective- It deals with various legal aspects of governing business operations, formation, functioning, and dissolution of companies.
Course Duration of Corporate Law courses-
- LLB is generally of three years, consisting of six semesters
- Integrated BA LLB is five years long
- Postgraduate degrees in law such as LLM are generally spread across two academic years.
Curriculum- Some of the subjects covered in the course curriculum of Corporate Law are Constitutional Law, Principles of Corporate Law, Banking Law, Consumer Law, and Competition Law.
Specialisation or Similar Ones
Corporate Law is a field of study that includes laws and regulations that govern corporations and entities. Students who have an interest in both business and law can apply for this course. There are many degree programmes available in the field of Corporate Law such as Corporate and Commercial Law, and Business Law. Some other specialisations in the field of Corporate Law are:
Corporate and Commercial Law | Business Law |
Corporate Law and Management | Corporate and Securities Law |
Business and Corporate Law | Corporate and Management Law |
Top Corporate Law Colleges in India
Many colleges and institutes provide Corporate law courses in India. The fee for the Corporate Law course is mostly determined by the degree programme chosen by the student, faculty, and location of the college. The table below lists some of India's top Corporate law colleges.
| Colleges | Fees |
|---|---|
Rs 80,000 | |
GITAM School of Law Visakhapatnam - School of Law, GITAM University, Visakhapatnam | Rs 1,25,000 |
Rs 26,500 | |
- | |
NLU Trichy - Tamil Nadu National Law University, Tiruchirappalli | Rs 80,000 |
Rs 29,860 | |
Rs 1,65,000 | |
Rs 1,65,000 |
Top Private Corporate Law Colleges in India
There are many private Corporate law colleges and universities offering corporate law courses in India. The admission to Corporate law colleges is based on the entrance examination or direct admission based on past academic performance. The fee for private colleges is generally higher as compared to government colleges. A few private Corporate law colleges are also offering internships for law students. The table below lists some of India's top private colleges offering Corporate Law courses.
| Colleges | Fees |
|---|---|
BBDU Lucknow - Babu Banarasi Das University, Lucknow | Rs 80,000 |
KPMSOL Mumbai - Kirit P Mehta School of Law, Mumbai | |
New Law College Pune - Bharati Vidyapeeth Deemed University, New Law College, Pune | Rs 11,000 |
SDM Law College Mangalore - Shri Dharmasthala Manjunatheshwara Law College, Mangalore | - |
SLCU Bangalore - School of Law, Christ University, Bangalore | Rs 1,40,000 |
SLS Nagpur - Symbiosis Law School, Nagpur | Rs 1,65,000 |
SLS Noida - Symbiosis Law School, Noida | Rs 1,65,000 |
Rs 21,500 | |
SNIL Bhubaneswar - SOA National Institute of Law, Bhubaneswar | Rs 1,25,000 |
- |
Top Government Corporate Law Colleges in India
Numerous government Corporate law colleges in India offer corporate law courses. The tuition fees for government colleges are somewhat affordable as compared to private institutes. In recent years, these colleges have excelled in academic achievement. Some of India's top government colleges offer various degree programmes in the field of Corporate Law.
| Colleges | Fees |
|---|---|
HNGU Patan - Hemchandracharya North Gujarat University, Patan | Rs 52,260 |
ILI Delhi - Indian Law Institute, New Delhi | Rs 26,500 |
NLU Jodhpur - National Law University, Jodhpur | Rs 1,82,000 |
NLU Sonipat - Dr BR Ambedkar National Law University, Sonipat | - |
NLU Trichy - Tamil Nadu National Law University, Tiruchirappalli | Rs 80,000 |
Pondicherry University - Pondicherry University, Puducherry | Rs 29,860 |
ULC Bangalore - University Law College, Bangalore University, Bangalore | - |
Eligibility Criteria (UG & PG) of Corporate Law
The eligibility criterion for Corporate Law is more or less the same for every institute. However, it is different for undergraduate and postgraduate levels. For UG degrees, candidates are advised to pass the 10+2 education with a valid aggregate score as specified by the institute. Similarly, for the PG degrees, candidates should have passed a bachelor's degree with a minimum aggregate score as specified by the institute.
Eligibility Criteria for UG Courses in Corporate Law
Before applying for undergraduate degrees in the field of Corporate Law, they must ensure that they fulfil all the eligibility requirements of the course. Candidates must have completed their 10+2 with at least a 45 per cent aggregate score, for candidates belonging to the reserved categories, there will be a relaxation of 5-10 per cent.
- Candidates applying for admission to the UG programmes in the field of Corporate Law must clear the eligibility criteria of the course.
- They must achieve a minimum aggregate score of 45 per cent, there will be a relaxation of 10 per cent for the students belonging to the reserved categories.
Top Entrance Exams for UG Courses
UG admissions for Corporate Law courses follow a three-stage procedure, consisting of an entrance exam, merit score, and personal interview. Some of the popular entrance examinations for Corporate Law degrees at the UG level are listed below.
| Exam Name | Exam Level | Conducting Body | Exam Schedule |
|---|---|---|---|
| SET SLAT | University level | Symbiosis International University | SET Exam Date |
| CLAT | National-level | Consortium of NLUs | CLAT Exam Date |
Eligibility Criteria for PG Courses
Candidates applying for the PG courses must meet the eligibility requirements of the desired institute. They can study the eligibility criteria by visiting the official website of the same. Candidates require a Bachelor’s degree in the field of law or related discipline with an aggregate score of 45 per cent. Mentioned below are the eligibility criteria for PG courses in the field of Corporate Law.
- Candidates applying for the PG courses must meet the eligibility requirements of the desired course.
- A Bachelor’s degree in the field of Law or a relevant discipline is also necessary for admission to the PG courses in the Corporate Law field.
- Students should also clear any one of the below-mentioned entrance exams in the field of Corporate Law.
Top Entrance Exams for PG Courses
| Exam Name | Exam Level | Conducting Body | Exam Schedule |
|---|---|---|---|
| LSAT | National-level exam | Pearson VUE | LSAT Exam Schedule |
| CLAT PG | National-level exam | Consortium of NLUs | CLAT PG Exam Schedule |
College Predictors VIEW ALL
Scope of Corporate Law in India and Abroad
The scope of a Corporate Law course is very diverse in both India and abroad. The Corporate Industry is growing in India and there is increasing demand for corporate lawyers due to their high dependability on them. The salary of a Corporate Lawyer is handsome, which varies on their experience and knowledge. Graduates can work in law firms, corporates, banks or any other government or private sector. Law abroad has always been a top-ranking and high-paying career, many countries like the USA hire qualified legal lawyers provided they are eligible for the same.
Course Fees Corporate Law
| Minimum Fees | Maximum Fees | |||
|---|---|---|---|---|
| Private | Government | Private | Government | |
| UG |
12.73 Lakhs
L.L.B in Corporate Law at School of Law, UPES, Dehradun
|
---
Data not available
|
21.19 Lakhs
B.A. L.L.B in Corporate Law at School of Law, UPES, Dehradun
|
---
Data not available
|
| PG |
25.00 K
L.L.M in Corporate Law at Dayanand College of Law, Latur
|
17.37 K
L.L.M in Corporate Law at Department of Law, Maharshi Dayanand University, Rohtak
|
6.26 Lakhs
L.L.M in Corporate Law at India International University of Legal Education and Research, Goa
|
3.50 Lakhs
L.L.M in Corporate Law at National Law University, Meghalaya
|
| DOCTORAL |
1.40 Lakhs
Ph.D in Corporate Law at Indian School of Business Management and Administration, Kochi
|
---
Data not available
|
5.75 Lakhs
Ph.D in Corporate Law at Woxsen University, Hyderabad
|
---
Data not available
|
| DIPLOMA |
12.00 K
Diploma in Corporate Law at Bharati Vidyapeeth Deemed University, New Law College, Pune
|
---
Data not available
|
64.00 K
Diploma in Corporate Law at SunRise University, Alwar
|
---
Data not available
|
Course Subjects
Corporate Law can be taken at the UG level, and PG level so the subjects of UG in Corporate Law (integrated course) will differ from UG in Law (Three-year course). It is mandatory to take up an area of specialisation at the PG level. The PG syllabus is taken from Goa University, Taleigao Plateau The subjects for corporate Law are listed below:
Corporate Law Syllabus of UG Course
Corporate Law is not a specialisation at the UG level, but some subjects in the curriculum are related to Corporate Law in the second year. The topics covered in the UG syllabus are mentioned in the table below:
| Units | Topics |
|---|---|
Unit-I | Characteristics of a company Company and producer company Formation of company |
Unit-II | Memorandum of Association, Articles of Association, Doctrine of constructive |
Unit-III | Classification of directors Legal positions powers and duties Meetings of shareholders |
Unit-IV | Books of accounts Dividend Provisions Audit |
Unit-V | Rights and Obligations of Depositories Participants issuers and beneficial owners Inquiry and inspections Penalty |
Note: Corporate law is not a specific course or specialisation at the UG level. It is taught as a subject in UG's second year.
Corporate Law Syllabus for PG Course
The duration of the Corporate Law course at the postgraduate level is two years and is spread across four semesters. Corporate Law can be taken at the UG level, and PG level so the subjects of UG in Corporate Law (integrated course) will differ from UG in Law (Three-year course). It is mandatory to take up an area of specialisation at the PG level. Corporate Law PG syllabus is taken from Goa University, Taleigao Plateau.
Semester 1 | |
Constitutional Law- I | Research Methodology |
Legal Theory- I | - |
Semester 2 | |
Constitutional Law-II | Law and Social Change |
Legal Theory-II | - |
Semester 3 | |
Course subjects | |
Labour Law | The law relating to labour Welfare |
Law Relating to Industrial Relations | Crime and Administration of Criminal Justice |
The law relating to Industrial Injuries and Social Security | The law relating to Service Regulation |
Penology and Treatment of Offenders | Criminal Law |
Semester 4 | |
Privileged Class Deviance | Law and Organized Crime |
Human Rights | Human Rights and the Indian Legal System |
International Refugee Law and Humanitarian Law | Science technology and Human Rights |
Careers in Corporate Law
Corporate Law is an emerging career in the law field as well as the corporate field. This is a versatile choice of career. The demand for corporate Law is growing as the corporate sectors are growing at a very rapid speed. Corporate Law plays a major role in corporate governance it includes involvement in major decisions to commercial transactions and solving disputes to negotiating settlements.
Corporate Law generally revolves around overseeing all legal and external affairs. As the knowledge, experience, and potentiality of the corporate lawyer increase, it increases his/her prestige and demand in the corporate world.
| Job Profiles | Average Salary |
|---|---|
Corporate Lawyers are professionals who ensure the commercial legality of business transactions. They must have the knowledge of statutory rules and regulations passed by the government. | |
Legal advisors work to provide legal advice regarding disputes, contractual and regulatory issues to any business or individual, and many more. They provide legal guidance to their clients, organisations or other entities. | |
Corporate Events Associate | A Corporate Events Associate conducts meetings and conventions, and event planners coordinate all aspects of events and professional meetings. He or she arranges meeting locations, transportation, and other details. |
The lecturer's responsibilities include establishing course material and syllabus, attending conferences, conferring with other academics and professions, supervising graduate students, grading assignments, and being an active member of the university. | |
Law administrators support lawyers at a firm by doing the work assigned to them. They conduct research, draft documents, manage schedules, and run the administration. |
Upcoming trends
The demand for Corporate Law courses is rapidly increasing in the corporate sector. But corporate Law has nailed its place to serve a large number of companies. The upcoming trends in this area include:
1. Virtual Law Firm: Virtual Law firms, as the name suggests are legal companies that don’t have a physical presence and are mostly operated from the home of a Lawyer. A virtual law firm is a very beneficial innovation that reduces the cost of setting up an office, the location and time both are flexible, and lawyers can operate it from anywhere in the world. The client reach also increases.
2. Legal Search Engines: Legal Search Engines is an online platform that allows legal professionals, lawyers and law students to access legal information easily. Finding legal information online can be a bit overwhelming, but due to Legal Search Engines now the individual can access the information very easily and quickly.
There are some other innovations in the field of law such as Web-Based Legal Services and Corporate Secretarial Services Market. These trends and innovations make the corporate field a rapidly developing field.
Job Profiles and Top Recruiters
Corporate Lawyers are in demand across all industries, be it corporate governance or business consulting firms. With foreign law firms moving to India, the scope for Corporate Lawyers has increased a lot. Corporate Law has become one of the most sought-after career choices for youth both in-house counsel and in law firms. Mentioned below are some of the top recruiters:
Top Recruiters
- Vahura
- Luthra & Luthra Law Offices
- Infosys
- IBM
- Amarchand & Mangaldas & Suresh A Shroff & Co.
- HMT Ltd
Average Salary
The salary for corporate law graduates may vary from the jobs they do to the knowledge and experience gained by them. It is always good to know the salary rates as the candidates can decide on the jobs and study accordingly. In the table below we have mentioned the salary of the most popular job profiles chosen after a Corporate Law degree.
| Job Profile | Average Salary |
|---|---|
Corporate Lawyer | Rs 5.9 LPA |
Legal Advisor | Rs 5.7 LPA |
Corporate Events Associate | Rs 4.0 LPA |
Associate Advocate | Rs 3.4 LPA |
Lecturer | Rs.4.0 LPA |
Legal Counsel | Rs 14.5 LPA |
Law Administrator | Rs. 4.0 LPA |
Source: Ambition Box
Note: The salary figures mentioned anywhere in this article are just for reference purposes. Please treat them as such. Actual salaries may vary depending on respective candidates, employer, job location, and numerous other factors.
Required Skillset for Corporate Law
Some skills are important for a corporate lawyer to possess so that they will enhance the opportunities to get a job. The companies would look for candidates who will fit perfectly into the job. The prerequisite skills for Corporate Law are the following:
- Good Communication skills
- Analytical Thinking
- Numerical Ability
- Critical Thinking
- Debating Skills
- Quantitative Aptitude
- Legal Reasoning
Course Curriculum for Corporate Law
With growth in the corporate sector in India, it has made a huge impact on young law aspirants. The course curriculum of Corporate Law is designed to provide in-depth knowledge about incorporation of the company, raising capital of the company, corporate restructuring, corporate insolvency, investments, foreign direct investments, and other related issues. This also includes comprehension of corporate management and governance and legal aspects of accounts and audits in a company.
Popular Corporate Law Entrance Exams in India
Popular Corporate Law Colleges in India VIEW ALL
NIMS University, Jaipur
- Fees: ₹ 40000
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Manipal University, Jaipur
- Fees: ₹ 78000
Vels University Chennai
- Fees: ₹ 133000
Pondicherry University
- Fees: ₹ 29859
Frequently Asked Questions (FAQs)
Question: What is the average salary of Corporate Law graduates?
Answer :
The average salary of a Corporate Law graduate depends on the qualification, experience, job profile and location of the company. The average salary of a Corporate Lawyer is Rs 5.9 LPA.
Question: What are some of the top recruiters in Corporate Law field?
Answer :
There are many top recruiters in the field of Corporate Law such as Vahura, Luthra and Luthra Law Offices, Hyundai and Infosys.
Question: What are some popular career options in the field of Corporate Law?
Answer :
Some of the popular career options are Corporate Lawyer, Legal Advisor, Corporate Events Associate, and Law Administrator.
Question: What are the subjects taught in Corporate Law degree programmes?
Answer :
Corporate Law as a field of specialisation is not offered at undergraduate level, though Corporate Law is a taught as a subject in second-year at UG level. The subjects offered at undergraduate level are Constitutional Law, Legal Theory, Law relating to Labour Welfare, Human Rights and Indian Legal System, Crime and Administration of Criminal Justice.
Question: What are the top entrance exams required for UG and PG courses in the field of Corporate Law?
Answer :
There are many law entrance exams that the aspirants can appear for such as SET SLAT, CLAT UG, CLAT PG, LSAT. Candidates are required to meet the cut-off specified by the desired institute to get the admission to their desired institute.
Question: Which are the best colleges for corporate Law?
Answer :
The top colleges for corporate Law are Jindal Global School, Symboisis Law School, ICFAI Law School, National Law University and School of Law, Christ University.
Question: Is Corporate Law a rewarding career option?
Answer :
Corporate lawyers work at the intersection of law and business. Corporate Law needs a lot of hard work as this is a very rewarding and prestigious career to choose.
Question: Does corporate Law require good math?
Answer :
Basic knowledge of math and the capacity to analyse the accounts is needed. And having knowledge of finance and accounting may help if you are working on financial transactions.
Question: What is the best major for Corporate Law?
Answer :
A major in business would be a great option for those who wanted to pursue Corporate Law. Students interested in corporate Law might find classes in management and economics are well-suited to their PG career needs.
Question: How to pursue Corporate Law?
Answer :
Students can pursue Law or integrated law courses in undergraduate level wherein after completing a basic graduation degree one can specialise in Corporate Law.
Questions related to Corporate Law
Showing 42 out of 42 Questions
53 Views
Hello. Im going to pursue my MBA degree soon, waiting for the entrance results. But Im also very influenced by property and corporate law. Id really like to know how can this objective of mine be fulfilled?
28th Jul, 2022
Corporate law is a good career as it offers many options in nearly every industry and a strong salary. As a corporate lawyer, you can work for the government or various business verticals, like retail, marketing, travel, hospitality, insurance, or technology industries. The career offers flexibility in employers, like working as an in-house counsel for a corporation or as an associate or a partner with a law firm. You can also work as a freelance corporate law consultant on national or international projects or practice commercial litigation before traditional courts or the National Company Law Tribunal (NCLT).
Lord Walker in the case of Philips v Malcurie declared that the term ‘intellectual property’ has no particular potency. The area of Intellectual Property Law opens a plethora of career options. A career in Intellectual Property is a secure one. An intellectual property professional can opt to become a specialist in one of the many Intellectual Property areas like litigation , patent analyst , law firms etc .
By providing you with these carrier options in both corporate law and intellectual property law , I do not want to brainwash you for not pursuing MBA . My main aim was to make you aware about the plethora of career opportunities available in these fields and make it easy for you to chose out of these as per your interest . I would specifically like to add that doing MBA along with having a law degree in your hand will act as a feather in your cap . Corporate law firms would more likely prefer a candidate with both MBA as well as law degree instead of just law . Lastly I would like to conclude by telling you that always pursue the field which you find interesting . Good luck !
Answer later 140 Views
can a student with humanities as plus two background and B.A LL.B (H) as graduation degree pursue corporate law?
30th Jun, 2022
Hello aspirant,
Hope you are doing absolutely great.
SO with regard to your query, YES absolutely you can do LLM in Corporate Law. There is not doubt regarding that. After completion of BA LLB, one can write the CLAT PG entrance exam, and try to get admission into the National Law Universities across India for the purpose of admission into the LLM course and take specialization in Corporate Law.
Checkout the following link for any information regarding CLAT PG: https://law.careers360.com/exams/clat-pg
Hope this helps you!!
64 Views
which are best provate coleges for BA LLb 5 year program with best placements and for corporate law
10th Jun, 2022
Hi,
Here are some best private law college offering BA LLb 5 years program.
1. Jindal Global Law school, Sonipat
2. School of law, Dehradun
3. SLS - Pune, Symbiosis law school
4. ICFAI law school, Hyderabad
5. Central law college, Salem
6. AIL - Mohali, Army institute of law
7. Indore institute of law
8. Institute of law, Nirma University, Ahmedabad
9. IMS Law college, Noida
10. SLCU Banglore - school of law, Christ University
To know further information about these colleges you can visit the given link - https://law.careers360.com/colleges/list-of-private-law-colleges-in-india hope this will help you !
172 Views
I got 5972 rank in CLAT PG 2022. Will I be able to get admission in NLU or GGSIPU (with respect to specialization in Corporate Law)? Im from general category.
26th Jun, 2022
Hello
Through CLAT PG 2022 exam student has to secure 95-100 rank for admission in top national universities. For National law University admission student has to secure at least 85 to 90 ranks inCLAT PG exam. In your rank in clerk PG 5972 there is little hope of chance getting top National University and Government colleges for law. You can admission in the private Law University under the supervision of National Law University or College.GGSIPU Guru Govind Singh Indraprastha University is the First Government Law University established in the year of 1998. to take admission in Guru Gobind Singh Indraprastha University which is a government university also is not possible to take admission in your rank.
89 Views
which 5 government/public college is best for PG diploma in corporate law?
13th Jun, 2022
Dear Student ,
For PG Diploma course , there are total 5 well known colleges in India that offers this course :
- Lajpat Rai Law College, Sambalpur
- University College of Law, Mohanlal Sukhadia University, Udaipur
- Gurugram University, Gurugram
- ILI Delhi - Indian Law Institute
- NLU Sonipat - Dr BR Ambedkar National Law University
To know more about the colleges as well as the eligibility criteria to get admission in these colleges , refer this :
Hope this helps !
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