Business Law Course: Course Details, Fees, Colleges, Admission, Eligibility, Salary

Business Law Course protects the rights of organisations, governments, realtors, and even two individuals who make a deal. When there are agreements between two or more parties, business law broadly covers all aspects of stakeholder interests. There are courses available at both the undergraduate and postgraduate levels for those interested in studying Business Law. This is a detailed article for Business law details, such as eligibility criteria, scope, required skill set, courses, and colleges.

Overview of Business Law

As business law courses can be completed at the UG, PG, and as short-term certifications, students can improve their employability. A list of courses available in India is provided below:

Popular Courses	Certificate: Introduction to Business Law, Structuring Business Agreements etc. PG Diploma: PG Diploma in Business Law, PG Diploma in Business and Corporate Law etc. UG: BA LLB PG: MBA in Business Law and LLM.
Duration of Course	Certificate: Few weeks to 1 year PG Diploma: 1 year UG: 5-6 years PG: 2 years
Eligibility Criteria	Certificate: Pass in Class 10th or 12th from a recognized board PG Diploma: Graduation from a recognized university with Law as a subject. UG: Pass in 12th from a recognized board PG: Pass in UG from a recognized University with Law as a subject
Average Fees	Certificate: INR 50,000- 70,000 PG Diploma: INR 7,00,000-8,00,000 UG: INR 3,00,000-6,00,000 PG: INR 4,00,000-8,00,000
Online Courses	Available
Types of Online Courses	edx, Coursera, Udemy, etc. (Includes Paid and Unpaid courses)
Top Job Profiles	Law Officer, legal expert, lawyer & solicitor general, law columnist, trustee, lawyer, tutor, Legal Advisor, Chief Financial Officer, Assistant Manager, etc.
Average Salary	Certificate: INR 50,000- 1,00,000 PG Diploma: INR 1,00,000-5,00,000 UG: INR 1,50,000-7,00,000 PG: INR 4,00,000-8,00,000

Business Law: Introduction

Business Law, also known as Mercantile Law, is a legal specialty. Business Law is concerned with the laws that govern all transactions between people and commercial firms.

Business law operates in two distinct areas, which are:

• Commercial entities are regulated through company, partnership, bankruptcy, and agency laws.
• Commercial transactions governed by contract law are regulated.

Aspirants in the field of business law can pursue both undergraduate (UG) and postgraduate (PG) programmes. Candidates in UG level courses must pursue integrated law courses in which they can specialise in Business Law in the last few years of the course, whereas candidates in PG level law courses can specialise in Business Law right away.

Candidates can pursue diploma programmes in Business Law in addition to degree programmes. Popular courses include Post Graduate Diploma in Business Laws, Diploma in Business Laws, PG Diploma in Business and Corporate Law, and others.

Difference Between Business Law and Corporate Law

Although many people believe that Business Law and Corporate Law are interchangeable, there are significant differences between the two legal specialisations.

The primary focus of Corporate Law is on how corporations/companies are formed and managed. Thus, Corporate Law is concerned with the operation of a corporation. Corporate law is concerned with legal rights, obligations, and benefits. Lawyers practising Business Law, on the other hand, cover topics such as contracts, employment laws, commercial transactions, and taxes.

Eligibility Criteria for Business Law

The eligibility requirements for a Business Law course may differ from one college to the next. Candidates who wish to apply for a five-year integrated course in Business Law must have completed their Class 12 or equivalent exam with passing marks from a recognised board.

Candidates must have completed a five-year integrated law course or have an LLB or equivalent degree to be eligible for the Business Law course offered at the postgraduate level.

Skills Needed for Business Law

Aspirants interested in pursuing Business Law as a course and career option should be familiar with the Indian Penal Code, knowledgeable about all aspects of business, and extremely hardworking. The following are some key skills that an aspirant should have in order to be successful in the field of Business Law:

• Good presentation skills
• Intellect
• Ability to assimilate and analyse facts
• Hard-working
• Fluency
• Confidence
• Persuasiveness
• Good judgement of situation/people
• Convincing power
• Interest in Research
• Integrity
• Objectivity
• Ability to work long hours
• Clarity of speech

Admission Process for Business Law

For Bachelor Business Law Courses

Entrance exams and merit lists are used to determine admission to bachelor’s programmes.

• CLAT, LSAT, ULSAT, MH CET Law, and SLAT are some of the top bachelor course entrance exams.
• You must have finished school from a recognised board of education.
• Few colleges also offer provisional seats to candidates awaiting results, as long as they provide the necessary documentation at the time of application.
• Many institutions have established an overall acceptance score that an applicant must have obtained in class 12.
• To be considered for entry, you must score higher than the aggregate score, which is 60%.

For Master Business Law Courses

Admission to master’s programmes is based on both merit and entrance exams.

• To apply for master courses, applicants must have a bachelor’s degree in a programming subject and a 50% grade point average.
• After taking into account the CGPA or percentage obtained at graduation, some institutions frequently offer admission on a merit basis.

For PG Diploma Business Law Courses

• Most universities in India offer admission to the PG Diploma course based on the applicant’s graduation grade point average.
• Aside from the institutes that offer direct entry, some institutes conduct their own entrance examinations.
• A person with at least 6 months of work experience in a business law area, on the other hand, is exempt from taking the entrance test and can apply directly for admission.

For Certificate Programs in Business Law Courses

Admissions to certificate courses in business law are not as well-structured as those to bachelor’s and master’s degrees. There are no special entry tests required for admission to these courses.

• Registration for online degree programmes is as simple as going to the course provider’s website and filling out an application.
• Any leading organisation will assess your profile and responses to questionnaires.
• Universities may accept you on the basis of merit for offline degree programmes. In such a case, the ranking in Class X or XII (as applicable) would be taken into account.

Entrance Exams for Business Law Courses

To be admitted to Business Law courses, candidates must take and pass the following law entrance exams:

• ULSAT LLM
• TS PGLCET
• LSAT India
• ULET
• TS LAWCET
• AP LAWCET
• AP PGLCET
• CLAT LLM
• MHCET Law

Top Colleges for Business Law

Here are the best colleges in India that offer various Business Law courses:

Colleges	Courses offered
NLSIU Bangalore	LLM in Business Law
NLU Hyderabad (Nalsar)	Master in Taxation and Business Laws LLM in International Trade and Business Law
School of Law, UPES	LLM in Business Law
Amity Law School Noida	LLM in Business Law
Adamas University	LLM in Business Law
GNLU Gandhinagar (NLU)	LL.M. in Corporate and Business Law
TNDALU – Tamil Nadu Dr Ambedkar Law University	LL.M. in Business Law
Symbiosis Law School, Pune	Diploma in International Business Laws and Corporate Laws
NLIU Bhopal	LL.M. in Intellectual Property and Business Law LL.M. in Business Law
NLU Kolkata (NUJS)	Post Graduate Diploma in Business Laws Diploma in Entrepreneurship Administration and Business Law
Symbiosis Law School, Noida	L.L.M in Business and Corporate Law
NLU Patiala (RGNUL)	LL.M. in Business Law
NLU Ranchi (NUSRL)	LL.M. in Business Law

Syllabus and Subjects for Business Law

The subjects/topics covered in the Business Law course may differ from one college to the other. Candidates can review the syllabus of UG level law courses available in India below:

For UG level Business Law programme

Legal Method	Financial Management	Human Resource Management
Law of Contract-I	Organizational behaviour	Family Law-II
Legal English and Communication Skills	Marketing Management	Constitutional Law-II
Principles of Management	Family Law-I	Law of Crimes-II
Managerial Economics	Constitutional Law-I	Administrative Law
Law of Contract -II	Law of Crimes-I	Strategic Management
Law of Torts and Consumer Protection	Business Environment & Ethical Practices	Environmental Studies and Environmental Laws
Law of Evidence	International Law	Tax Law
Corporate Law	Property Law	Law and Emerging Technologies
Code of Civil Procedure	Investment and Competition Law	Human Rights
Alternative Dispute Resolution (ADR)	Code of Criminal Procedure	Intellectual Property Rights
Jurisprudence	Labour Law-I	Labour Law-II
Interpretation of Statutes	Legal Ethics and Court Crafts	Land and Real Estate Laws
International Trade Law	Drafting, Pleading and Conveyancing

For PG level Business Law programme

Indian Constitutional Law: The New Challenges	Legal Regulation of Economic Practices
Legal Education and Research MethodologyInsurance Law	Jurisprudence and Legal theory
Corporate Finance	Law of Industrial and Intellectual Property
Law and Social Transformation	Law of Export-Import Regulation

For Master of Laws in Business and Corporate Law

Research Methods and Legal Writing	Banking and Insurance Law
Comparative Public Law	Law and Justice in a Globalizing World
Corporate Governance	International Trade Law
Investment Law and Competition Law	Maritime Law
Intellectual Property Law

For Master of Arts in Business Law

Law of Contract	Principles of Intellectual Property Law	Banking Law & Financial Regulation
Introduction to Corporate & Financial Law	Investment Laws	Dispute Settlement in Trade & Investment
Legal Research & Writing	Comparative Competition Law	Taxation of Corporations & Commodities
Labour & Industrial Relations Laws	Advanced Corporate Law & Governance	Insurance Laws
Environmental Laws	Information Technology, E-commerce & Cyber laws	Law of International Trade
Law, Ethics & Governance	Infrastructure Finance	Mergers & Acquisitions
Entrepreneurship & Family Business	Land Acquisition Laws

For Master of Business Administration in Business Law

Organisational Behaviour	Quantitative Methods	International Accounting and Finance
Business Communication	Human resource management	International Marketing
Accounting for Managers	Financial Management	International Strategy
Economics & Management Decisions	Operations Management	International Human resource Management
Marketing Management	Business Research Methods	Information systems/ Operations Management
Principles & Practices of management	Operations Research	Sustainability
Elective: International Business Law/ International and Comparative Commercial Arbitration	Elective: International Trade Law	Elective: International Banking Law

For Diploma Courses in Business Law

Post Graduate Diploma in Business Laws	Law of Contract/ Commercial Laws, Company Law, Competition Laws, Laws of Arbitration and International Arbitration, Banking LawsInsurance Laws, Labour Laws, Law of Taxation, Securities and Investment Laws, Environment Laws, Intellectual Property Laws
PG Diploma in Business and Corporate Law	Law of Contracts, Corporate Law, International Economic Law, Consumer Protection Act, 1986 and Competition Act, 2002, Corporate Restructure Law, Corporate Finance Law, Dispute Resolution Law, Laws Related to Banking, Corporate Governance, Intellectual Property Law, Research Methodology

Job Profiles in Business Law

There is a high demand for highly skilled business attorneys. High industry entails high risks and is more prone to mishaps. Businesses hire a corporate lawyer to provide legal counsel and support, draught contracts, and so on, so they don’t know when they need them. Career profiles are described in detail below:

Legal Expert

Provides professional advice, assists with crisis management, draughts legal documents, and maintains future communications archives.

Attorney General

They provide legal advice to the state/central government on all legal issues.

Law Reporter

A journalist with legal expertise understands the legal issue and relays it to the media.

Magistrate

Deals with minor incidents that are relatively minor in nature, such as robbery, breaches, and crimes. Reduce the pressure on the judges.

Law- Assistant Professor

Creates and implements expert strategies to improve student performance. Guides both guide and inspire students.

Frequently Asked Questions