Corporate Law: Course Details, Admission, Fees, Eligibility, Syllabus, Jobs & Salary

Corporate Law Course Overview

Corporate Law is one of the well-known courses in India which gives a deep understanding of sole proprietorship, associations and corporations, partnerships etc.  Corporate Law helps students to dive deep into the legality of commercial transactions, filing taxes & managing government reporting, preparing corporate agreements etc. 

Corporate Law is a highly reputable course across the globe. It comprises practices, norms, rules and regulations that govern the structure  as well as the working of corporate firms

About Corporate Law 

Corporate Law is a programme offered at all levels; undergraduate as well as postgraduate. In UG level Corporate Law, aspirants have to follow integrated law courses in which they can specialise in business law for a 3-year duration, while aspirants can also get a specialisation done in Corporate Law at the postgraduate level. Postgraduate level Corporate Law aspirants can straightaway specialise in this field of law. Candidates can also opt for a Diploma in Corporate Law. 

After successful completion of the Corporate Law, the candidate becomes well acquainted with the legal system governing the corporate culture at the national and international levels. Corporate Law Fees vary from institute to institute. Corporate Law Fees range between INR 50,000 - 6,00,000 LPA.

The Corporate Law Syllabus varies from college to college. Corporate Law Syllabus majorly covers topics such as Law of Contracts, Company Law, Business & Accounting, Taxation, Competition Law, Dissertation, Bankruptcy Law etc.

Corporate Law Jobs are offered in the field of educational institutes, news & media, sales tax & excise departments, multinational firms, banks, business houses, legal consultancies, international organisations, regulatory bodies, judiciary, legal departments of public and private sector organisations, government departments etc.

Corporate Law Salary depends on certain factors such as skills, experience etc. Corporate Law Salary is decent and ranges from INR 2,50,000 LPA to INR 6,00,000 LPA. 

Corporate Law Quick Facts

Some important Corporate Law quick facts are listed below: 

• Corporate Law is offered by recognised universities in India at UG, PG, and Doctorate levels.
• The duration of the Corporate Law varies across different levels. 
• Corporate Law admission is done on the basis of merit as well as on the basis of entrance examinations like CLAT, LSAT, AILET, AP LAWCET, MH CET, University Level Exams, and Private University examinations.
• Corporate Law leading institutions include SLS Pune, Jindal Global Law School, ICFAI Law School Hyderabad, SLCU Bangalore, and NLU Jodhpur.
• Corporate Law Fees range between INR 50,000 and 6,00,000 LPA.
• Corporate Law Salary varies across levels & depends upon the skill set of the candidate, but majorly lies between INR 2,50,000 - 6,00,000 LPA.
• Candidates after completing the Corporate Law can get a wide scope of opportunities to work as a Legal Counsel, Lecturer, Associate Advocate, Corporate Lawyer, Law Administrator etc.

Corporate Law Course Highlights

Corporate Law can be acquired across all levels; UG, PG, and Diploma certifications, Corporate Law allow students to develop their employability. The following table highlights the Corporate Law in great detail:

Why study Corporate Law ?

Corporate Law is one of the most well-known law courses. Corporate Law professionals are in huge demand throughout India and abroad and can get lucrative opportunities to work. 

Given below are some of the benefits of pursuing a Corporate Law:

• Widespread Opportunities: There is a boom of job opportunities in the financial market, corporate sector, legal firms etc. These industries are growing each day & thus the job scope for Corporate Law graduates keeps on increasing.
• Scope of Higher Studies: After passing Corporate Law, one can also pursue higher studies to upgrade their skills and get an opportunity in well paying firms. Some of the higher studies options after completing Corporate Law courses include LLD, MBA etc. These courses further help in moving in the hierarchy.
• Handsome Remuneration: After completing the Corporate Law, graduates can earn anywhere between 2,00,000 to 7,00,000 LPA depending upon their skills. 
• Choice of Entrepreneurship: Individuals after completing the Corporate Law also have an option of using their degree & the acquired skill sets to practice independently and begin their own businesses or corporate legal firms.

Who should study Corporate Law ?

• Individuals interested in making a career in the management fields and legal fields should definitely opt for Corporate Law.
• Individuals who want lucrative careers by joining top corporate-legal firms or the ones who want to practice independently can choose this Corporate Law.
• Individuals who are interested in job roles such as Legal Counsel, Legal Advisor, Law Officer, Corporate Lawyer etc should definitely opt for Corporate Law.
• Corporate Law offers Corporate Law Jobs in both the private and semi-private sectors.
• Students who want to do a PhD or LLD, or even a MBA should opt for the Corporate Law.

Difference Between Business Law & Corporate Law

Although many people consider that Corporate Law and Corporate Law are the same, there are significant differences between the two law specialisations.

The emphasis of Corporate Law is primarily concerned with how corporations/ companies are structured as well as regulated. Thus, the Corporate Law Course revolves around the operations of a corporation. Corporate Law deals with legal rights, privileges and obligations. On the other hand, lawyers operating in the field of Corporate Law cover domains such as taxes, contracts, commercial transactions. employment laws etc.

Importance of Corporate Law

Corporate Law is a study of legal & external affairs matters, mergers and acquisitions (M&A) and how shareholders, stakeholders, consumers and other parties get involved in transactions and interact with each other internally through corporate governance and externally through commercial transactions.

Corporate lawyers could represent a corporation or a partnership association and advise them of their legal rights and duties. Corporate lawyers could be working for a medium or a large law firm or a regulatory body like SEBI, IRDAI or RBI. Corporate Law plays an essential role in regulating and managing business related legal practices in a country. Key points about the practice of Corporate Law are listed below:

Corporate Litigation: When a business is involved in litigation, it becomes corporate litigation. Corporate Lawyers who practice in this field take measures to avoid litigation and also manage business disputes with other businesses.

Compliance: One of the branches of corporate law is Compliance. The lawyers who specialise in this field ensure compliance with the corporation's rules. The lawyers can act as:

1. In-house Lawyer: They are hired by the corporation’s law department to take care of matters relating to employment, policies, taxes and regulatory matters.

2. Counselling of publicly and privately held companies: The corporate lawyers assist the corporation in matters related to the issuance of securities, advice on litigation matters and tax matters.

Skills Required for Corporate Law

Corporate Law skills can help one advance their career and get a good Corporate Law Salary. The Corporate Law skill set includes the following skills:

Scope of Corporate Law in India and Abroad

Corporate Law Scope In India: The corporate industry is ever expanding in India and it requires a corporate lawyer for taking any big decision. The need for corporate lawyers is high. Being a corporate lawyer in India is a respectable job profile. Corporate Law Salary in India is based upon experience and knowledge; ranging between INR 2,50,000-10,00,000. Corporate Law Jobs are available in the private sector as well as in the semi-private sector. Corporate Law Jobs can also be from law firms, companies, banks, sole proprietorships etc.

Corporate Law Scope Abroad: Corporate Law abroad has always been a top ranking and top paying career option. Countries like the USA, Canada and more recruit qualified legal lawyers as the non-lawyers have stepped into the market. And even being a corporate lawyer in India has a good scope to work abroad provided they fulfil certain conditions. Since the entry of MNCs in India has given rise to Indian lawyers working abroad, foreign law firms wanted to hire Indian attorneys who possess dual qualifications.

Corporate Law Eligibility Criteria

To pursue Corporate Law, aspirants need to fulfil the minimum eligibility requirement of the law college in order to get admission in the Corporate Law Course. Every law college has a different set of eligibility norms that need to be fulfilled. If the candidate fails in meeting the eligibility requirement of the law college, his or her application would be considered invalid. Mentioned below are the complete details of the eligibility criteria for pursuing Corporate Law that students need to meet in order to enrol in the Corporate Law Course.

• Undergraduate Level Eligibility: To pursue UG Corporate Law, the candidate must have passed the Class XII examination or an equivalent examination from a recognised board. Candidates must have secured minimum marks of 50%- 60% in the qualifying examination to get admission to  UG Corporate Law Course.
• Postgraduate Level Eligibility: To pursue PG Corporate Law, candidates must have completed an LLB degree or its equivalent degree. Candidates must have secured minimum marks of 50%- 60% in the qualifying examination to get admission to PG Corporate Law Course. Candidates who have completed a 5-years Integrated Law Course are also eligible for admission to PG Corporate Law Course.
• Numerous law colleges have their own set of eligibility that need to be fulfilled before taking admission into that particular law college. Law college targets different conditions that a candidate must fulfil to ensure his/ her admission to study Corporate Law Course.

Corporate Law Admission Process

Every law college has a separate admission process for Corporate Law. A candidate is shortlisted on the basis of the selection process of the law college. Listed below are the points that institutes consider before enrolling students in law programmes.

• Colleges grant admission to the students on the basis of the marks scored in the related entrance exam.
• Certain universities conduct their individual entrance examination before considering applicants for admission to the college while other universities accept the marks scored by the candidate in the common entrance examination.
• Some colleges provide admission to the candidates on the basis of merit. The marks obtained by the student in the qualifying examination are also considered before admitting them to the course.

Corporate Law Entrance Exams

Listed below are the entrance exams required to qualify to get admission into law colleges in India:

• AP LAWCET- Andhra Pradesh Law Common Entrance Test
• CLAT- Common Law Admission Test
• AILET- All India Law Entrance Test
• LSAT- Law School Admission Test
• AIBE- All India Bar Examination
• TS LAWCET- Telangana State Law Common Entrance Test
• MH CET- Maharashtra Common Entrance Test
• NLIU Entrance Exam, LL.M. Entrance Exam
• Bharati Vidyapeeth University LL.M. Exam
• Delhi University LL.M. Entrance Exam
• Jamia Millia Islamia University LL.M. Entrance Test

Corporate Law Syllabus

The entire syllabus of Corporate Law varies from college to college and level to level. The major topics of Corporate Law are represented below in the tabular form: 

Best Colleges for Corporate Law

The top colleges offering Corporate Law with their location & Corporate Law Fees are given below:

Online Corporate Law Courses

Corporate law is a particular branch of law that involves studying the regulation of organisations or companies. Corporate Law proves to be very useful when it comes to handling business decisions in a legal format. Online Corporate Law courses and certifications are designed to provide an in-depth insight into legal dynamics in any corporate sector. With increasing growth in corporate sectors in the last few decades, the demand for Corporate Law courses online also increased. Not only paid there are also many free online corporate law courses in India that you can pursue at your own pace.

The table below mentions some of the best online Corporate Law Courses with their course provider, duration and online Corporate Law Fees details. 

Corporate Law Course Fees

Corporate Law Course Fees vary from level to level and college to college. Corporate Law Course Fees at the UG level range from INR 50,000 to 1,00,000 LPA. Corporate Law Course fee at the PG level ranges between INR 2,50,000 and 6,00,000 LPA. Diploma Corporate Law Course Fees range from INR 15,000 to 30,000. Doctorate Corporate Law Course Fees range from INR 1,50,000 to 2,50,000 LPA.

Corporate Law Jobs

Given below are some of the popular Corporate Law Jobs one can excel with Corporate Law: 

• Corporate Lawyer: Corporate Lawyer ensures the commercial legality of all transactions. Corporate Lawyers possess knowledge of statutory rules and regulations passed by the Government of the country.
• Legal Advisor: They work to offer legal advice related to contractual & regulatory problems to any business, disputes or individuals etc.
• Associate Advocate: Associate Advocates manage and solve legal disputes on behalf of their clients by negotiating contracts and settling claims etc.
• Lecturer: After completing a Corporate Law PG degree one can become a lecturer in college or university and teach Corporate Law to the students and also educate them to lead their future in Corporate Law.
• Legal Counsel: Legal counsel represents an organisation/individual in legal disputes, and they advise the Board of Directors and executives about legal challenges.
• Law Administrator: Law administrators support lawyers at a firm/ company by doing the work assigned to them. They do research, draft documents, manage schedules and look into the daily operations of administration.
• Legal Publisher: One who does by himself or his agents make a legal thing publicly known; one engaged in the circulation of legal books, legal pamphlets, and other legal papers.
• Financial Analyst: A Financial Analyst helps companies and teams make the most of their finances. They provide legal cum financial guidance and advice on how much they should invest in stocks or bonds. They also assess which investments could bring the optimal return for their worth.
• Administrative Law Judge: Administrative Law Judge is empowered to initiate disciplinary action against the judicial officers including the District Judges.
• Compliance Officers: A compliance officer is an individual who ensures that a company complies with its outside regulatory and legal requirements as well as internal policies and bylaws.
• Business Lawyer: A business lawyer educates clients on applicable laws and best practices, and represents them when an issue arises in a corporate setup.
• Corporate Events Associates: Work is to conduct meetings, conventions, and events and coordinate all facets of events & professional meetings. They look into meeting locations, transportation, and other related stuff.

Corporate Law Top Recruiters

Corporate Law graduates are hired by many legal firms, organisations and educational institutes. Some recruiters hire Corporate Law professionals for legal advice purposes and others hire Corporate Law graduates for inculcating law in young minds. Among the innumerable recruiters for Corporate Law, top recruiters are mentioned below: 

• Vahura
• Amarchand & Mangaldas & Suresh A Shroff & Co.
• BEEL
• Luthra & Luthra Law Offices
• Repco Bank
• Hyundai
• IBM
• Attorney Associate
• Infosys
• HMT Ltd.

Corporate Law Salary

Corporate Law Salary depends upon certain skills such as legal understanding, good communication, sound judgement, and legal advice. Corporate Law Salary varies across Corporate Law Job profiles. Tabulated below are the popular Corporate Law Jobs with their salary details.

Corporate Law Specialisations

Corporate Law specialisations are available at all levels. Corporate Law Integrated Courses are also available, which are offered by various colleges in India. A detailed specialisation course in Corporate Law is given below:

BBA LLB (Hons) in Corporate Law

BBA LLB or Bachelors in Business Administration & Bachelors in Law with specialisation in Corporate Law Course is a specialisation which offers a nexus of both business administration and Corporate Law Course in the same degree. It revolves around Legal Method, Legal Reasoning, Business Mathematics, Moot Court Fundamentals, Legal Language & Legal Writing, Business Economics, Torts & Consumer Protection Law, Quantitative Decision Making Techniques, Client Counselling, Law of Crimes, Language Lab Trial Advocacy, Civil Procedure Code, Human Resource Management, Financial Management, Organisational Behaviour, Law of Contract, Family Law, Marketing Management, Legal English, Constitutional Law, Law of Evidence, Jurisprudence, Administrative Law, Property Law, Civil Drafting, Commercial Transaction Business Accounting, Mergers & Acquisition, Human Rights and International Law, JJ Act, Interpretation of Statutes, Labour Law, International Investment Law, Intellectual Property Right, International Trade Law Corporate Finance & Securities Market, Drafting Conveyance, Taxation Law, International Commercial Arbitration, Right to Information, Environmental Law, Competition Law, Dissertation, Information Technology Law, Arbitration, Conciliation & ADR Mechanisms, Professional Ethics, Bar Bench Relations, International Sale of Goods & Technology Transfer & Law, Sustainable Development, Futures & Options, Commodity Exchange & Bank Frauds, Choice of Forum & Choice of Law in Int. Contracts, Hedging & Law.

LLM in Corporate Law  

LLM in Corporate Law Course provides legal cum corporate knowledge under a masters degree programme. LLM in Corporate Law Course has a duration of 2 years. LLM in Corporate Law Course surrounds itself with Research Methodology, Comparative Public Law, Investment Law, Regulatory Economics, Principles of Taxation, Corporate Governance, Law and Justice in a Globalising World, Law and Finance, Project Finance, Securities & Finance Markets, Competition Law, Corporate Reconstruction, Dissertation etc.

LLM in Corporate Law & Securities Law

LLM in Corporate Law & Securities Law provides a dual degree dealing with laws related to security and corporate issues. It teaches Law and Justice in a Globalising World, Research Methods and Legal Writing, Comparative Public Law / Systems of Governance, Comparative Contract Law, Comparative Corporate Law, and Comparative Intellectual Property Law.

LLM in Corporate & Commercial Law

LLM in Corporate & Commercial Law is a postgraduate degree providing aspects of both Corporate Law Course & Commercial Law. LLM Degree in Corporate Law Course & Commercial Law deals with Research Methods and Legal Writing, Comparative Public Law, Company Law, International Trade Law, Law and Justice in a Globalising World, Competition Law, Investment Law & Dissertation etc.

LLM in Corporate & Business Law 

LLM in Corporate & Business Law is a masters level law degree ranging for 2 years offering in-depth knowledge of Business & Corporate Law Course tactics. Comparative Public Law / Systems of Governance, Research Methods and Legal Writing, Law and Justice in a Globalizing World, Corporate Law, Law of Banking and Insurance, Securities Law, Investment Law, Competition Law, and Advanced Contracts are the domains that the degree provides knowledge about. 

Post Graduate Diploma in Corporate Law 

Post Graduate Diploma in Corporate Law Course deals with Business and Commercial Law, Corporate Accounting and Corporate Taxation, Company Law and Practice etc.

PG Diploma in Business and Corporate Law

PG Diploma in Business & Corporate Law duration is 1-2 years wherein aspects such as Law of Contracts, Corporate Law, International Economic Law, Consumer Protection Act, and Competition Act, Corporate Restructure Law, Corporate Finance Law, Dispute Resolution Law, Laws Related to Banking, Corporate Governance, Intellectual Property Law, Research Methodology etc are taught.