Commercial Law (Commercial Law)

Updated By Samiksha Rautela on 25 Nov, 2020

Average Duration
6 months-5 years
Average Fee
10 K-2 L INR annual

About Commercial Law

As the name suggests, commercial law deals with business law. It is a specialisation of law that takes into account business-related activities including commerce and trade. Commercial law covers all the laws undertaken in the business. The law mainly regulates rules, regulations and corporate contracts related to sales of consumer goods and manufacturing. Aspirants undertaking a law course with commercial law as the specialisation goes through basic topics such as debtor-creditor relationship, agency, contracts, business organisations and government regulation of business. Through commercial law students gets clear comprehension of legal principles that govern the business. Also, they would get a better understanding of businesses or trades engaged in merchandising, trade, sales and commerce.

With the developing field of business, the demand for commercial lawyers is also increasing. Pursuing commercial law provides a wide range of opportunities to the students as through the specialisation they develop a deep knowledge of the trade and business laws. Candidates can go for graduate, postgraduate, diploma and certificate courses in Commercial Law. It is necessary for the law aspirants to meet the eligibility criteria of an institute and course before applying to it.

Commercial Law Highlights

Commercial Law is a specialisation with diverse specifications. Drawn below are the highlights of commercial law that every aspirant must take a look at before applying for the course.

Name of the Course

Commercial Law

Programmes Offered

Undergraduate, Postgraduate, Diploma, Certificate 

Exam Type

Semester-wise

Eligibility Criteria

Depending on the programme

Selection Process

Either through merit or through entrance exam

Commercial Law Eligibility Criteria

The eligibility criteria of commercial law vary from college to college and programme to programme. Candidates are advised to go through the separate eligibility criteria laid down by the preferred college as it makes the admission process easier. Captured below are the conditions that an aspirant must meet for Commercial Law.

  • For pursuing an undergraduate programme, the candidate must qualify or clear the class 12/intermediate final examination from a recognised board of education.
  • If an aspirant wishes to apply for the postgraduate programme, he/she must withhold an LLB degree (3 years LLB or 5 years integrated LLB) or its equivalent from a recognised university/college.
  • Each college has a different aggregate of marks that an aspirant must have scored in the qualifying examination. It ranges from 40%-60% depending on the college and course.

Commercial Law Admission Process 2020

Each aspirant willing to get admission at the desired college has to undergo the admission process of the college. Mentioned below are the admission process that colleges follow before offering a seat to the student.

  • Certain colleges offer admission to the students on the basis of the marks secured in the common entrance exams like CLAT, AILET etc.
  • Some colleges also have a separate entrance exam for the law courses, for instance, DU, Pearl University etc.
  • Candidates are also offered a seat on the basis of merit. The higher the marks of the candidate in the qualifying examination, the better are his/her chances of getting admission in the college.

Commercial Law Syllabus

Syllabus for commercial law is different in each programme and college. Check out the possible subjects a candidate might encounter while pursuing a programme in commercial law.

Introduction to Commerical Law

Derivatives in Legal Context

Insurance laws

Commercial Banking

International Trust law

Free trade agreements

Philosophy of law

Procurement laws

Competition laws

Capital market laws

Economic tribunals

Research work

Banking and Finance Law

E-Commerce

Dissertation and Viva-voce

European procurement law

Corporate legal framework

Foreign trade policies

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Commercial Law?

Commercial Law Career Options and Job Prospects

After completing a degree in the specialisation of Commercial Law zillions of opportunities come knocking at the door of the aspirant. Mentioned below are a few career options that a student can go for upon finishing their specialisation in commercial law.

  • Legal Officers
  • Commercial Lawyer
  • Legal Advisor
  • Legal Assistant
  • Chief Financial Officer

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FAQs about Commercial Law

Which colleges are best for Commercial Law?

The top colleges for the Commercial Law education are CMR Law School, Bangalore, Al Azhar Group Of Institutions, Idukki, Career Point University (CPU), Kota, Damodaram Sanjivayya National Law University (DSNLU), Visakhapatnam etc.

Is there any minimum aggregate required to pursue a Commercial Law course?

The minimum aggregate to pursue a Commercial Law course is mainly between 40%-60%. It may vary depending on the chosen educational institute.

What is the eligibility to pursue a Commercial Law?

The eligibility criteria to pursue a Commercial Law varies from the course to course. For a UG programme, an aspirant must have completed class 12th and for PG course, an individual must have done a graduation course in Law. Diploma and Certificate courses are made available for students who have completed class 12th. Some require the aspirant to have completed a graduation course.

What is the duration of an LLM Corporate and Commercial Law?

The duration of an LLM Corporate and Commercial Law is of 2 years.

Is LLM in Commercial Law available?

Yes, LLM Corporate and Commercial Law can be pursued by an aspirant.

What are some major topics that are taught in Commercial Law?

Some major topics that are a part of the syllabus of Commercial Law are Introduction to Commercial Law, Commercial Banking, Philosophy of Law, E-Commerce, International Trust Law, European Procurement Law, Corporate Legal Framework, Banking and Finance Law, Derivatives in Legal Context, Procurement Laws etc.

What careers can I explore in the Commercial Law field?

After completing a Commercial Law course, interested students can go for Legal Officers, Corporate Lawyer, Legal Advisor, Commercial Lawyer, Legal Assistant, Chief Financial Officer etc.

Is there an age limit to pursue a Commercial Law course?

Most of the law colleges do not have an age limit set for the Commercial Law, however, few educational institutes do prescribe an age criterion which is mandatory to meet. The age bracket varies depending on the level of the course.

Are Certificate courses available in Commercial Law?

Yes, Certificate courses can be done in the Commercial Law specialisation.

What is a Commercial Law course all about?

The Commercial Law course talks about Business Law. It is a specialisation of law that deals with legal aspects in commerce, trade and other business-related activities.

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