Corporate Law is a unique specialization in the legal arena where the professionals get exposure not only to the legal, but also the corporate world. It is one of the most popular LLM specializations because of its amazing salary package and high job profile. In the most basic terms, a corporate lawyer is responsible for operating and managing the legal matters of a corporation. Corporate Law focuses on handling clients, carrying out tasks such as negotiations, mergers, acquisitions, divestments and operating the overall interdisciplinary and legal framework of the firm. This blog collates all the information regarding LLM in Corporate Law, eligibility, career prospects, best law schools for Corporate Law in India and abroad and more!
Explore: How to Become a Corporate Lawyer?
This Blog Includes:
|Course||Masters in Corporate Law|
|Eligibility||UG degree in Law with minimum score of 50%|
|Average Fees||1-5 Lakhs|
|Admission Process||Entrance-based system|
|Average Salary||6-8 lakhs|
About LLM in Corporate Law
Masters of Law (LLM) in Corporate Law is a 2-year postgraduate degree that is carried on through a semester based approach. It covers disciplines of Corporate Law like securities regulation, mergers and acquisitions, accounting, corporate taxes and finances etc.
LLM in corporate law aims at educating the students about matters concerning the corporate sector and constructing strategies for various legal issues. The course is designed to develop the knowledge required to govern and manage the legal and economical operations of companies.
The eligibility criteria for LLM in Corporate Law may vary from one university to another. Following is the basic eligibility requirements for LLM in Corporate Law:
- 5-year Integrated Law course- The candidate must have completed their 10+2 education or equivalent exam from a recognised board with a specified minimum score.
- Candidates must have completed a 3 year Law course or an LLB (Bachelor of Laws) or an equivalent degree from a recognised university at the undergraduate level.
- Candidates have to submit scores of entrance tests conducted specifically for admission to Law courses. Some major Law entrance tests include CLAT-PG, AILET PG, IPU-CET, MH CET or any other university-specific entrance exam.
- Candidates willing to apply to LLM in Corporate Law in abroad universities have to provide LSAT scores or any other entrance exam scores specified by your chosen university. Additionally, language proficiency scores of IELTS/TOEFL are also a prerequisite.
Entrance Exams- LLM in Corporate Law
Here are the major LLM in Corporate Law entrance exams that you must qualify in order to get admission into well-recognised Law universities:
- CLAT PG: National level entrance test for various NLUs across the country and other recognised law schools.
- AILET PG: Conducted for the admissions to the NLU ( National Law University, Delhi)
- IPU CET: Conducted by Guru Gobind Singh Indraprastha University
- MH CET- Maharashtra Common Entrance Test
- DU LLM CET: Conducted by the University of Delhi.
|Name of the Exam||Important Dates|
|CLAT-PG||June 13, 2021|
|AILET||June 20, 2021|
|DU LLM||June 2021|
|MH CET||May, 2021|
|IPU CET||June-July 2021|
Best Law Schools for Corporate Law in India
|National Law University (NLU)||Jodhpur||INR 2,00,000|
|Hidayatullah National Law University||Raipur||INR 79,000|
|Chandigarh University||Chandigarh||INR 80,000|
|Indian Institute of Technology (IIT)||Kharagpur||INR 1,63, 000|
|Mahatma Gandhi Law College- [MGLC]||Hyderabad||INR 24,000|
|Vivekananda Institute of Professional Studies (VIPS)||New Delhi||INR 92.500|
|SVKM’s Narsee Monjee Institute of Management Studies||Mumbai||INR 1,25,000|
Best Law Schools for Corporate Law in Abroad
|University of Cambridge||U.K|
|University of Oxford||U.K|
|New York University (NYU)||U.S.A|
|London School of Economics and Political Science (LSE)||U.K|
|The University of Melbourne||Australia|
|University of California, Berkeley||U.S.A|
Syllabus of LLM in Corporate Law
Given below is the syllabus for the 2 year LLM in Corporate Law course divided over 4 semesters:
|Semester I||Semester II|
Derivatives in Legal Context
|International Trust law
Corporate social responsibility
|Semester III||Semester IV|
|Capital market laws
Corporate legal framework
Philosophy of law
|European procurement law
Foreign trade policies
Career Prospects and Salary
LLM in Corporate Law offers a wide range of high-paying jobs with sophisticated profiles. It is a very lucrative and diverse career path. The level of your job and pay package will depend on your qualifications, work experience, practical skills, etc. Following are some of the work profiles offered to postgraduates in Corporate Law with their respective average salaries:
|Associate Attorney (Legal Firm)||9,60,000|
|Corporate Legal Manager||17,00,000|
|Legal Support Office||3,11,000|
|Legal Services Chief||22,00,000.|
Explore: Top Law Firms in India
LLM in Corporate Law is up and coming as a very lucrative career option. To become a Corporate Lawyer, a student should acquire excellent interpersonal and research skills and a passion for legal knowledge and corporate acumen. Take assistance from Leverage Edu’s AI tool which suggests the most-suited universities based on your personalized skills and preferences to help you make an informed decision towards a rewarding career. Follow us on Facebook, Youtube, Instagram and LinkedIn.