LLM Corporate Law is currently one of the most popular legal specialisations among students. LLM Corporate Law is a two-year post-graduate law degree for those interested in pursuing a career in corporate law.
Admission to LLM Corporate Law programmes is based on a variety of admission tests such as CLAT PG, AILET, LSAT, and others. There are various top-tier colleges that offer LLM Corporate Law courses, including National Law University Jodhpur, Mahatma Gandhi Law College Hyderabad, NIMS University Jaipur, and others.
Students must have completed a bachelor’s degree in a relevant field such as LLB, BA LLB, BBA LLB, or B.Sc LLB from a recognised university with a minimum of 50% aggregate marks or equivalent CGPA to be eligible for LLM Corporate Law.
The programme teaches students numerous law courses such as Company Law, Procurement Law, and others in order to specialise them in the field. It also gives a complete study of all legal issues that arise in the corporate sector and assists them in finding answers to various legal challenges.
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 entrances 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
A Masters of Law in Corporate Law, or LL.M in Corporate Law, is a two-year postgraduate law degree for applicants seeking legal positions in the corporate sector. The programme covers a wide range of legal courses and topics, such as international law, company law, capitalism, procurement law, and so on, in order to prepare candidates to deal with various legal difficulties and deliver solutions.
What is LLM Corporate Law
Here’s a quick rundown of what LLM Corporate Law entails.
- The academic area of law is primarily concerned with the study of legal procedure, legislation, and justice in India as well as other countries.
- The corporate world contributes to a variety of legal issues that come from economic and financial difficulties, as well as tax-related issues affecting the firms that make up the corporate world.
- A master’s degree in corporate law is designed to teach students about the in-depth study of all legal issues that arise in the corporate sector and to assist them in finding answers to these challenges. The curriculum aids in the development of an important understanding of a firm’s legal, financial, and economic problems.
- The study focuses on the rules that govern corporations or companies that operate within the corporate sector, with the goal of informing students about the interactions that occur in these areas.
- The course is intended so that students get a thorough understanding of the subject and can apply what they’ve learned to numerous legal difficulties they’ll face once they start working in the industry.
- The two-year curriculum instils this knowledge in students gradually throughout the course of the two years of the degree, using a semester-based approach.
Why pursue LLM Corporate Law in India?
There are a number of reasons to pursue an LLM in Corporate Law. The majority of students prefer this course because of the following benefits:
- It provides students with specialised knowledge of legal challenges that arise in the business sector, making the topic much more engaging.
- In terms of corporate legislation, it gives intellectual study as well as practical expertise.
- Successful graduates of the course can expect to earn an average income of INR 6 – 8 lakhs, which grows with time-based on the candidate’s experience and ability in the industry.
- It provides several career prospects in the legal industry, including public and private firms, as well as the courts.
- Depending on one’s preferences, one can work as a Legal Counsel, Corporate Lawyer, Civil Judge, and so on.
- Law students are so well-versed in legal issues that they are qualified to handle a variety of legal challenges that arise within the framework of a firm in the corporate sector.
- The cost of the course varies between INR 2 and INR 5 lacs at various colleges and universities across India.
Eligibility of LLM Corporate Law in India
The ability to take a course is a basic requirement for admission to a specific college. The following are the basic requirements for admission to LLM Corporate Law programmes:
- Candidates must have earned an LLB or similar degree from a recognised university.
- Candidates must have received a minimum of 50 per cent in their graduation class.
- Applicants must pass the entrance exam with a score above the cut-off. It should be emphasised that the cut-offs fluctuate from year to year depending on a variety of criteria.
- Candidates must also do well in the personal interview and group discussions, which are used to assess their topic expertise. It usually occurs following the entrance exam.
The criteria given above are nearly the same in universities and colleges around the country that offer this course to students.
Admission process
Admission to LLM Corporate Law programmes is determined by a combination of entrance exams and merit-based selection, which is based on the candidate’s undergraduate grades. This technique, however, differs amongst colleges. Students will be permitted to take any college’s entrance exam and admission process if they meet the eligibility requirements.
Some of the steps in the admissions process are listed here.
- Aspiring candidates must first register on the official website, where they must submit their email address, phone number, and password.
- Fill out the online application form if one is available.
- Candidates must only appear for the exam on the specified dates. Please keep in mind that admission cards are typically generated two weeks prior to the start of the examination. In most cases, admission cards are sent by email.
- The results are announced based on the student’s exam scores as well as the institute’s cut-offs, seats, and other factors. Later on, the seats will be assigned to the appropriate people.
- Candidates who pass the admission tests are subsequently put to the test in personal interviews and group talks organised by the colleges.
Entrance Exam
Admission to the LLM Corporate Law programme is based on the candidate’s performance in the entrance examination.
Entrance exams are typically held between the months of March and July each year. However, due to the ongoing COVID – 19 situation, most examinations have been postponed or cancelled this year.
The following are some of the most important entrance tests for LLM Corporate Law admissions in India:
- CLAT PG: It is a single national entrance exam for numerous NLUs around the country, as well as other law schools that accept CLAT scores.
- The AILET PG test is a state-level examination for admission to the National Law University of Delhi.
- IPU CET: The Guru Gobind Singh Indraprastha University conducts a university test for admission to the college’s various degrees.
- DU LLM CET: The University of Delhi conducts a state-level test for admission to the Faculty of Law.
Important Dates for Entrance Examinations
For your convenience, we’ve compiled a list of entrance exams along with their important dates.
| Entrance Exam Names | Registration Date | Exam Dates |
|---|---|---|
| CLAT 2022 | January 01 – March 31, 2022 | May 08, 2022 |
| AILET 2022 | 1st week of January 2022 | May 1, 2022 |
| LSAT 2022 | October 18, 2021 – January 3, 2022(January session) (Open) October 18, 2021 – April 25, 2022(May session) (Open) | January 15, 2022 May 9, 2022 |
| DU LLB 2022 | To be announced | To be announced |
| PU LLB 2022 | To be announced | To be announced |
| ULSAT 2022 | To be announced | To be announced |
| JMI BA LLB 2022 | To be announced | To be announced |
| KIITEE 2022 | To be announced | To be announced |
LLM Corporate Law in India syllabus
Within a two-year programme, the LLM Corporate Law course is divided into four semesters, with two semesters in each year. The LLM Corporate Law syllabus encompasses all of the courses offered to students at the postgraduate level.
Students can get information about the course syllabus by looking at the table below.
| 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 do well in your LLM Corporate Law courses, you need to know what books you should read. Below is a list of some of the most important books for LLM Corporate Law:
| 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 offer students a broad understanding of the subject during their studies and are useful even after they have completed their studies since the knowledge gained from these books may be applied to numerous legal challenges that they may face in the future. These are, however, only a few of them; there are many more.
LLM Course Comparison
The table below compares LLM Corporate Laws and LLM Business Law, which are both considered similar yet have their own set of 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 comparison above was made between the most popular and sought courses among students. A comparison of two closely related courses would also be beneficial to students in determining which is more practical for them in terms of all the variables listed in the above comparison table. Many reputable colleges and institutions that have already been listed above are currently offering the courses.
LLM Corporate Law Top college in India
The following is a list of some of India’s best LLM Corporate Law colleges, along with other pertinent information such as city, admission process, typical fees, salary, and so on.
| College Name | Admission Process | Average Annual Fees |
|---|---|---|
| National Law University | Entrance-Based | INR 2,00,000 |
| Hidayatullah National Law University | Entrance-Based | INR 79,000 |
| Chandigarh University | Entrance-Based | INR 80,000 |
| Mahatma Gandhi Law College- [MGLC] | Entrance-Based | INR 24,100 |
| NIMS University | Entrance-Based | INR 40,000 |
| Siddhartha Law College | Entrance-Based | INR 1, 21, 500 |
| Vivekananda Institute of Professional Studies (VIPS) | Entrance-Based | INR 92.500 |
| Indian Institute of Technology (IIT) Kharagpur | Entrance-Based | INR 1,63, 900 |
| SVKM’s Narsee Monjee Institute of Management Studie | Entrance-Based | INR 1,25,000 |
| Mangalayatan University (MU) | Entrance-Based | INR 60,000 |
LLM Corporate Law college comparison
The table below compares three leading institutions that offer LL programmes based on the following criteria:
| 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 | JM FinancialHDFCDeloitte USIACC CementCIPLA |
| 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 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 comparison above was conducted between the most popular and sought universities among students. A comparison between a government-owned institution and a private university would also be beneficial to students in determining which is more practical for them based on all of the considerations listed in the comparison table. Many additional reputable institutions and universities that have already been mentioned offer the course.
LLM Corporate Law: Scope
The business sector has risen at an unprecedented rate in recent years, providing several chances for corporate lawyers to put their skills to use. A corporate lawyer advises a business on its legal requirements, rights, and responsibilities.
- Students with an LLM degree have a wide range of professional opportunities following graduation, and most students find career stability within three to five years of employment.
- The business sector in India is rapidly expanding, and the demand for legal consultants in this industry is growing with each passing day. As a result, it is an excellent moment for students to consider a career in corporate law because their demand will only grow in the future.
- Apart from the private sector, students can also apply for jobs in the public sector.
However, in order to be hired by a public sector organisation, LLM graduates must compete with a huge number of other candidates by passing exams such as UPSC, PSC, SSC, and others. They may be hired in fields such as the judiciary, regulatory bodies, legal consultancies, sales tax and excise departments, and so on if they pass the tests.
If a student chooses to pursue additional education over work chances, he or she has a wide range of options. Students interested in pursuing higher education can study LLD (Doctor of Laws), and PhD. Law, M.Phil.Law, and other options.
What after LLM Corporate law?
Postgraduates with an LLM Corporate Law degree have a lot of options when it comes to their career and job prospects. They can work as a lawyer, a civil judge, a business lawyer, or even a legal researcher. After completing the course, the student may seek LLM Corporate Law jobs in both the public and private sectors.
Candidates for LLM Corporate Law jobs in government sectors may have to take national or state-level exams to be considered for these positions. Legal courts, banks, and law companies are some of the most typical places to look for work. ICICI Bank, HDFC Bank, FICCI, and others are among the top recruiters of LLM Corporate Law applicants.
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 assignments for a firm. | INR 7 – 8 Lacs |
| Corporate Lawyer | Corporate lawyers plead before the courts of law on behalf of/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 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
Ans. LLM Corporate Law is a top course in India designed for students interested in pursuing a career in Corporate Law and dealing with legal challenges that arise in the corporate world. Students can pursue a variety of degrees after completing their LLM, including LLD, PhD, and M.Phil.Law, and so on. They can, however, apply for a variety of work options that are available to them.
Ans. The full form of LLM is a Master of Laws.
Ans. Candidates must hold an LLB degree or an equivalent degree from a recognised university with a minimum of a 50% Undergraduate grade point average.
CLAT PG is used by some colleges to admit students. In order to be admitted to these institutes, aspiring candidates must achieve the highest possible score on the admission exam, as the cutoff is usually rather high.
Ans. Company law, banking and finance law, international law, and a variety of other areas are among the most popular LLM subjects taught during the course of two years.
Ans. A student pursuing an LLM often charges between INR 10,000 and INR 2 lacs in fees. The fee structures of numerous colleges and universities, on the other hand, have been included above for the students’ convenience.
Ans. Yes, the Faculty of Law at Delhi University offers various courses in law.
Ans. Although both of these laws are required to run a lawful corporation, corporate law arrives later since business law is present from the start.
Ans. Students can now get a degree through distance education, thanks to advancements in technology and educational practices. Yes, distant learning approaches such as those outlined in the preceding article can be used to get an LLM.
Ans. The average salary package offered to the freshers in various fields lies between INR 6 and 8 lacs.
Ans. The entrance courses to be applied are as follows:
CLAT PG
AILET PG
DU LLM CET
IPU CET
