Commercial Law: Course Details, Admission, Eligibility, Colleges, Exams, Syllabus, Jobs & Salary

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.

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.

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