LLM Corporate Law is one of the most popular legal specifications chosen by the students these days. LLM Corporate Law is a 2 - year post-graduate law degree for the candidates who aspire to build a career in the field of Corporate Law.
Admissions to LLM Corporate Law courses are done on the basis of various entrance exams such as CLAT PG, AILET, LSAT etc. There are several top tier colleges like National Law University Jodhpur, Mahatma Gandhi Law College Hyderabad, NIMS University Jaipur etc who offer courses on LLM Corporate Law.
The eligibility criteria to pursue LLM Corporate Law remains that students should clear their graduation in relevant streams such as LLB, BA LLB, BBA LLB or B.Sc LLB, from a recognised university with 50% aggregate marks or equivalent CGPA.
The programme teaches the students various law subjects including Company Law, Procurement Law, etc. in order to specialise them in the field, provides a detailed study of all the legal matters within the corporate sector and helps them find solutions for various legal issues.
2.1 What is LLM Corporate Law in India?
2.2 Why pursue LLM Corporate Law in India?
3.2 Entrance exam
LLM Corporate Law in India: Highlights
| Course Name | LLM Corporate Law |
| Course Level | Post graduation |
| Duration | 2 years |
| Eligibility | Bachelor's degree in LLB or relevant degree |
| Examination Type | Semester |
| Admission Process | Both entrance as well as merit based |
| Course Fees (INR) | INR 2-3 lakhs per annum |
| Average Starting Salary (INR) | INR 4-10 lakhs per annum |
| Top Recruitment Areas | Shardul amarchand mangaldas, Talwar Thakore & associates, |
About LLM Corporate Law in India
Masters of Law or LL.M in Corporate Law is a two-year postgraduate law degree for candidates who look for legal profiles within the corporate field. The programme covers various assorted subjects and topics of law subjects as well as international law, company law, capitalism, procurement law, etc. to prepare the candidates and enable them in facing different legal issues and providing solutions for the same.
What is LLM Corporate Law
Below mentioned is a brief details on what LLM Corporate Law is,
- The academic field of law basically deals with the study of legal procedure, laws and justice prevailing in the country as well as countries outside India.
- Corporate world contributes to the various legal matters that arise out of economic and financial matters or tax-related matters of the firms that exist within the corporate world.
- A masters degree in corporate law aims at educating the students about the detailed study of all the legal matters that are existing within the corporate sector and helps them find solutions for various legal issues. The programme helps in developing a significant knowledge of the legal, financing and the economic matters of the firms. The study mainly includes laws of corporations or companies that are existing within the corporate world and aims at educating the students about the interactions that take place in these areas.
- The course is designed in such a manner that the students have an in-depth study of the subject and can apply the knowledge obtained in various legal issues they deal with when they begin to work in the specific field.
- The two-year programme provides this knowledge to the students in a gradual manner through a semester-based system throughout the two years of the degree.
Why pursue LLM Corporate Law in India?
There are various reasons to study LLM Corporate Law. Most students prefer to opt for this course due to the following advantages:
- It equips the students with specialised knowledge about the legal issues that take place within the corporate world which makes the subject much more interesting.
- It provides philosophical study as well as practical knowledge as far as the corporate laws are concerned.
- The successful graduated candidates of the course are eligible for earning an average salary of INR 6 - 8 Lakhs which increases gradually as per the candidate’s experience and expertise in the prescribed field.
- It offers plenty of job opportunities in the legal field both in public as well as private firms and even the law courts.
- One can choose to work as a Legal Counsel, Corporate Lawyer, Civil Judge, etc. as per their own choices.
- The law students are so well equipped with the knowledge of legal issues that they are suitable to undertake various legal issues existing within the framework of a firm in the corporate world..
- The fee for the course varies from INR 2 to 5 lacs across various colleges and universities across the country.
Eligibility of LLM Corporate Law in India
Being eligible for a course is the basic prerequisite for admission to a particular college. The basic eligibility criteria for admissions to LLM Corporate Law courses have been listed below:
- Candidates must possess an LLB degree or an equivalent degree from any recognised university.
- The candidates must have obtained minimum 50% aggregate marks in their graduation.
- The applicants will have to clear the cut- off set for the entrance exam. It must be noted that the cut-offs tend to vary each year depending upon several factors.
- The candidates are also required to perform well in the personal interview and group discussions which are meant to test their knowledge of the subject. It usually takes place after the entrance examination.
The above-listed criteria are almost the same in the universities and colleges across the country that are providing this course to the students.
Admission process
The admission to LLM Corporate Law courses are based on both entrance tests as well as merit-based selection which depends upon the marks secured by the candidate at the undergraduate level. However, this procedure varies between different colleges.
The students will be allowed in the entrance exam and the admission process of any college only if they fulfil the eligibility criteria.
Below mentioned are some of the steps of the admission process.
- The aspiring candidates need to register themselves on the official website wherein they are needed to provide their email id, contact number and password.
- Fill in the online application form provided.
- The candidates need to appear for the exam on the given dates only. Please note, the admit cards are usually generated before 2 weeks of the commencement of the examination. The admit cards are generally sent via email.
- Results are announced as per the marks obtained by the student in the exam as well as the institute’s cut-offs, seats, etc. Later on, the seats are allocated accordingly.
- The candidates who have managed to qualify the entrance exams are then tested upon their knowledge through personal interviews and group discussions conducted by the respective colleges.
Entrance exam
The admissions to LLM Corporate Law are done on the basis of the performance of the candidate in the entrance examination.
The entrance tests are mostly held in the months of March to July every year. However, most examinations have either been postponed or cancelled this year due to the ongoing COVID - 19 crisis.
Some of the major entrance exams conducted in India for admission in LLM Corporate Law include:
- CLAT PG: It is a single entrance test conducted at the national level for various NLUs across the country and other law schools accepting CLAT scores
- AILET PG: The exam is a state-level examination conducted for the admissions to the National Law University, Delhi
- IPU CET: It is a university examination conducted by Guru Gobind Singh Indraprastha University for admissions to the various courses offered by the college.
- DU LLM CET: It is a state-level examination conducted by the University of Delhi for admissions to the Faculty of Law, DU
Important Dates for Entrance Examinations
Below tabulated are the list of entrance examinations along with their crucial dates for your reference
| Law Entrance Exams | Registration Date | Exam Date |
|---|---|---|
| CLAT 2023 | August 08 – November 13, 2022 | December 18, 2022 |
| AILET 2023 | September 07, 2022 onwards | December 11, 2022 |
| CUSAT CAT | To be Announced | To be Announced |
| LSAT | November 10, 2022 - January 11, 2023 | January 22, 2023 (January Session) Jun 8, 2023 to Jun 11, 2023(June Session) |
| TS LAWCET | April 2023 – June 2023 | July 2023 |
| AP LAWCET | 3rd week of March 2023 - 4th week of April 2023 | 4th week of May 2023 |
| ILSAT | To be Announced | To be Announced |
| MHT CET | March 24 – April 25, 2022 (3-Year LLB) March 19 – April 27, 2022 (5-Year LLB) | June 4 – 5, 2022 (3-Year LLB) June 10, 2022 (5-Year LLB) |
| SET SLAT | December 15, 2022 - April 12, 2023 | May 6, 2023 (Test 1 - 9 AM to 10 AM) May 14, 2023 (Test 2 - 9 AM to 10 AM) |
| DU LLB Entrance Exam | March 2023.- 3rd week of June 2023. | 1st week of July 2023 |
| PU LLB | To be Announced | To be Announced |
LLM Corporate Law in India syllabus
LLM Corporate Law syllabus is divided into four semesters within the span of a 2-year programme with 2 semesters in each year. The LLM Corporate Law syllabus includes the various courses that are taught to the students in their postgraduate level.
The students can refer to the following table for being informed about the syllabus of the course.
| Semester I | Semester II |
|---|---|
| Company Law | International Trust law |
| Derivatives in Legal Context | Corporate social responsibility |
| Commercial Banking | Insurance laws |
| Semester III | Semester IV |
| Capital market laws | European procurement law |
| Corporate legal framework | Foreign trade policies |
| Philosophy of law | Research work |
LLM Corporate Law Books
If you want to score good grades in your LLM Corporate Law subjects, you must have an idea of what books you must read. A list of some of the most important books for LLM Corporate Law has been listed below:
| Name of the Book | Name of the Author |
|---|---|
| Black Letter Outline on Corporate Taxation | Stephen Schwarz and Daniel Lathrope. |
| Corporate Finance Law - Principles and Policy | Louis Gullifer and Jennifer Payne |
| The Law of Corporations in a Nutshell | Richard Freer |
| The Interaction between Competition Law and Corporate Governance | Florence Depot |
| The Anatomy of Corporate Law | Reinier Kraakman,John Armour,Paul Davies,Luca Enriques. |
| Business Law | Kenneth W. Clarkson, Roger LeRoy Miller and Frank B. Cross |
| The Law of Corporations and Other Business Organisations | Angela Schneeman |
| Working with Contracts | Charles M.Fox. |
| Global Issues in Corporate Law | Franklin Gevurtz |
| The Economic Structure of Corporate Law | Frank Easterbrook and Daniel R. Fischel |
These are some of the books that provide a wide knowledge of the subject to the students during their studies and are beneficial even after the completion of studies as the knowledge obtained from these books can be used by the students in various legal issues that they might have to deal with in the future. However, these are only a few of them and there are many others.
LLM course comparison
Following table holds the comparison between LLM Corporate Laws and LLM Business Law, which are considered similar but have their own differences.
| Comparison Parameters | LLM Corporate Law | LLM Business Law |
|---|---|---|
| Overview | It is basically a 2-year post-graduate degree that teaches the students about how interactions take place in the corporate world | It is a postgraduate degree for a span of 2 years which provides knowledge about business liabilities. |
| Average Fee | INR 2 lacs (approx.) | INR 10,000 - 2 lacs (approx.) |
| Average Salary Offered | INR 2 - 12 lacs (approx.) | INR 3 - 12 lacs |
| Top Recruiters | 1.Shardul Amarchand Mangaldas 2.Talwar Thakore & Associates 3.ICICI Bank 4.Argus Law 5.S & R Associates | 1.OSC Pvt. Ltd. 2.Sagar Chandra & Associates 3.Hindustan Coca Cola Beverages Pvt.Ltd. 4.FICCI 5.Central Bank of India |
| Research Activities | The students can attempt to perform research works at the Centre for Women & Law, Centre for Child & Law and in many more governmental areas. | The students can look forward to doing research works related to the Business liabilities or any other aspect of the same field at reputed organisations |
The above comparison has been done between the most chosen and desired courses by the students. Also, a comparison between two closely related courses would be helpful for the students so as to decide which would be more feasible for them in terms of all the factors that have been mentioned in the above comparison table. The courses so far are being provided by many reputed colleges and universities that have already been listed above.
LLM Corporate Law Top college in India
Below listed is the list of some of the top LLM Corporate Law colleges in India, along with other relevant information like city, admission process, average fees, salary, etc
| College Name | Admission Process | Average Annual Fees |
|---|---|---|
|
Entrance-Based |
INR 2,00,000 |
|
|
Entrance-Based |
INR 79,000 |
|
|
Entrance-Based |
INR 80,000 |
|
|
Entrance-Based |
INR 24,100 |
|
|
Entrance-Based |
INR 40,000 |
|
|
Entrance-Based |
INR 1, 21, 500 |
|
|
Entrance-Based |
INR 92.500 |
|
|
Entrance-Based |
INR 1,63, 900 |
|
|
Entrance-Based |
INR 1,25,000 |
|
|
Entrance-Based |
INR 60,000 |
LLM Corporate Law college comparison
The table below shows the comparison between three top colleges offering LL based on several parameters as follows:
| Comparison Parameters | National Law University | Indian Institute of Technology (IIT) Kharagpur | SVKM’s Narsee Monjee Institute of Management Studies |
|---|---|---|---|
| Overview | National Law University, Jodhpur (NLUJ) is one of India’s leading national law universities which was established in 1999. It has gained 5th position in the NIRF ranking of 2018 and has won Asia's No. 1 Brand Award 2018. | Indian Institute of Technology (IIT) Kharagpur was the first-ever IIT to be established and is recognized as an institute of national importance. It has been ranked 4th in the Engineering category by NIRF Ranking 2019, making it one of the leading engineering colleges across India. | SVKM’s Narsee Monjee Institute of Management Studies established in 1981, is one of the leading B-Schools in the country. It has expanded into a multi-campus deemed to be a university. |
| Average Fee | INR 2,00,000 | INR 1,63, 900 | INR 1,25,000 |
| Average Salary | INR 12 LPA | INR 15 LPA | INR 17.58 LPA |
| Top Recruiters | 1.Shardul Amarchand Mangaldas 2.Talwar Thakore & Associates 3.ICICI Bank 4.Argus Law 5.S & R Associates | 1.OSC Pvt. Ltd. 2.Sagar Chandra & Associates 3.Hindustan Coca Cola Beverages Pvt.Ltd. 4.FICCI 5.Central Bank of India |
|
| Research Activities | The students can attempt to perform research works at the Centre for Women & Law, Centre for Child & Law and in many more governmental areas. | The college arranges for the research activities for the final year students during their course which involves experts from other universities who actively participate in training the students. | The students are from time - to - time included in the ongoing research works of the institute which offers them a chance to enhance their knowledge. |
The above comparison has been done between the most chosen and desired universities by the students. Also, a comparison between a government-owned university and a private university would be helpful for the students so as to decide which would be more feasible for them in terms of all the factors that have been mentioned in the above comparison table. The course is being provided by many other reputed colleges and universities that have already been listed above.
LLM Corporate Law: Scope
The corporate sector has grown at an unprecedented rate in the past few years which creates various opportunities for the corporate lawyers to practice their knowledge in this field. A corporate lawyer is a person who advises a firm about its legal obligations, rights and responsibilities.
- The job roles available for the students after graduating with an LLM degree are diverse and students usually are able to find career stability within 3 - 5 years of employment.
- The corporate sector in India is growing at a fast rate and the need for the legal advisors of this field are also increasing with every passing day. Hence, it is the right time for the students to choose a career in the field of corporate law because, in the long run, their demand will only increase day by day.
- Apart from the private sector, students can also enter into the job opportunities available in the public sector.
However, in order to get placed in Public Sector Undertakings, the graduates of LLM need to face a wide competition with a large number of other candidates by appearing for examinations like UPSC, PSC, SSC, etc. On successful cracking of the exams, they may be recruited in areas like Judiciary, Regulatory Bodies, Legal Consultancies, Sales Tax and Excise Departments, etc.
If a student is willing to opt for further studies and not job opportunities then he/she has many options laid before them. Students aspiring to pursue higher studies can opt for LLD (Doctor of Laws), PhD. Law, M.Phil.Law, etc
What after LLM Corporate law?
Postgraduates with a degree of LLM Corporate Law are offered a wide range of choices in terms of their career and job prospects. They can choose to be a legal counsel, civil judge, corporate lawyer or even a legal researcher.
On completion of the course, the student may tend to look for LLM Corporate Law jobs in government as well as private sectors.
For the LLM Corporate Law jobs in government sectors, the candidates may have to appear for the nation or state level exams conducted for these jobs. Some of the common areas of recruitment are law courts, banks, law firms, etc.
Some of the top recruiters of LLM Corporate Law candidates are ICICI Bank, HDFC Bank, FICCI, etc.
The LLM Corporate Law jobs and the job description of that particular profile with average salary are mentioned below:-
| Job Profile | Job Description | Average Estimated Salary |
|---|---|---|
| Civil Judge | The working of a civil judge involves their decisions over the cases of civil nature at courts of district levels. | INR 6 - 7 Lacs |
| Legal Expert | The work of a legal expert includes working out of assignments of a firm. | INR 7 - 8 Lacs |
| Corporate Lawyer | The corporate lawyers plead before the courts of law on behalf of his/her client in the particular field of the corporate world. | INR 3 - 5 Lacs |
| Lecturer / Professor | They teach the students at the undergraduate and postgraduate levels who are specialising in the field of corporate law. | INR 5 - 8 Lacs |
| Legal Researcher | The work of a legal researcher involves the framing of various drafts related to the constitutional laws. | INR 3 - 4 Lacs |
| Corporate Events Associate | The work performed by them includes planning and execution of corporate events within a corporate firm. | INR 3 - 5 Lacs |
| Magistrate | A magistrate is a civil officer who has the work of administration of law. Serves civil courts which deal with matters of small claims. | INR 6 - 7 Lacs |
LLM Corporate Law in India: FAQs
Ques:Is LLM Corporate law a good career?
Ques- what is the full form of LLM?
Ques- What is the eligibility criteria for LLM?
Certain universities give admissions through CLAT PG. In order to get admitted in these institutes, the aspiring candidates must qualify in the entrance exam with the maximum marks as the cutoff usually remains high.
Ques- What are some of the LLM subjects?
Ques- what are the fees charged for LLM courses?
Ques- does Delhi university (DU) offer LLM?
Ques- how is corporate law different from business law?
Ques- can I pursue an LLM degree through distance learning?
Ques- what would be the average salary of a fresher?
Ques- what are the entrance exams required to be applied for admission?
- CLAT PG
- AILET PG
- DU LLM CET
- IPU CET
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