Updated on Feb 2, 2022 07:38 IST
Vipra Shrivastava

Vipra ShrivastavaManager - Content

Banking Law is a specialisation in the field of law, which deals with legal aspects of the functioning of banks and banking services. The world of finance and economy is dynamic. The government often brings about regulatory changes in practices and activities in the financial sector which has direct bearing on banking. Thus, it is important for a country to have banking laws, which help in regulating the banking activities and prevent irregularities.

After completing a course in Banking Law aspirants become a legal advisor or start own legal practice for law firms, accounting firms, banks, international corporations and other business organisations.

One can pursue Banking Law at Undergraduate (UG) as well as Postgraduate (PG) level as part of Law courses. Some of the top law schools in India include National Law School, Nalsar University of Law, Faculty of Law-Jamia Milia Islamia, Faculty of Law-DU, Aligarh Muslim University, Symbiosis Law School, Allahabad University, etc.

Table of Contents
  1. Banking Law Eligibility Criteria
    • 1.1 Skills Required for Banking Law
  2. Banking Law Entrance Exams
  3. Banking Law Courses and Syllabus
    • 3.1 Banking Law UG Course Syllabus
    • 3.2 Banking Law PG Course Syllabus
  4. Banking Law: Job Profiles and Career Prospects
  5. Banking Law: Top Recruiters
  6. Banking Law FAQs

Banking Law Eligibility Criteria

Banking Law is a specialisation in Law programmes, thus aspirants need to fulfill the basic eligibility criteria. Given below are the basic eligibility criteria for Banking Law UG and PG courses.

UG Courses: Higher Secondary School/Intermediate (10+2) or its equivalent exam from a recognised board with not less than 45 per cent marks in aggregate.

PG Courses: Candidates must have bachelor’s degree or equivalent from a recognised university. For LLM course, candidates must have cleared LLB or equivalent degree from a recognised university.

Skills Required for Banking Law

Aspirants who want to pursue Banking Law as a career should not only have a valid degree but also some personality traits and skills that are essential for this profession. Some key skills that an aspirant should possess in order to be successful in the field of Banking Law are listed below:

Banking Law Skillset

Hard work and resilience

Good debating skills

Confidence

 Persuasion skills

Knowledge of law and legal procedures

Fluency of language

Organisational skills

Good analytical and logical reasoning skills

Good at research

Ability to work in a team

Possess knowledge of technology

Good time management skills

Ability to work long hours

Possess objectivity

Convincing ability

Good presentation skills

Banking Law Entrance Exams

As mentioned earlier, Banking Law is a specialisation in Law admission process is common. Law admission process in India includes entrance exams. Given below are the most popular Law exams in India.

Popular Law Entrance Exams

Common Law Admission Test (CLAT)

All India Law Entrance Test (AILET)

Law School Admission Test – India (LSAT India)

Delhi University LLB Entrance Exam (DU LLB Entrance Exam)

Check the complete list of law entrance exams in India

Banking Law Courses and Syllabus

The subjects/ topics taught as part of the Banking Law course may varies in UG and PG degrees. Check below, main syllabus of Banking Law at both UG and PG levels.

Banking Law UG Course Syllabus

Banking Law UG Syllabus
Course Name Syllabus

BBA LLB (Hons) in Banking, Finance and Insurance

  • General English
  • Law of Contracts I
  • Legal Method & Legal Reasoning
  • Computer Fundamentals & its Applications
  • Business Mathematics
  • Business Organisation
  • Fundamentals of Moot Court
  • Organisational Behavior
  • Legal Language & Legal Writing
  • History II
  • Law of Contracts II
  • Business Economics I
  • Torts & Consumer protection Act
  • Quantitative Techniques for Decision Making
  • Language Lab
  • Trial Advocacy
  • Family Law I
  • Constitutional Law I
  • Law of Crimes (IPC)
  • Business Economics II (Macro)
  • Company Law I
  • Client counselling
  • Open Elective Elective-1
  • Constitutional Law II
  • Family Law II
  • Civil Procedure Code & Law of Limitation
  • Human Resource Management.
  • Marketing Management
  • Financial Management
  • Company Law-2
  • Open Elective
  • Law of Evidence
  • Jurisprudence
  • Administrative Law
  • Prop. Law incl. Transfer of Prop. Act & Easement Act
  • Civil Drafting
  • Financial Market Regulation - (Hons-1)
  • Business Accounting
  • Equity and Trust Law (Hons-2)
  • Human Rights & International Law
  • Criminal Drafting
  • Open elective 4
  • Industrial Visit
  • Law on Project Finance (Hons- 3)
  • Interpretation of Statutes
  • Labour Law I
  • Law on Corporate Finance- (Hons.4)
  • Open Elective
  • Private International Law
  • Intellectual Property Right
  • Labour Law II
  • Law of General Insurance
  • Law of Life Insurance (Hons-6)
  • Drafting Conveyance
  • Taxation Law
  • Open Elective-3 Seminar-II Clinical-10
  • Bankruptcy & Insolvency (Hons-7)
  • Right to Information
  • Environmental Law
  • E-Banking & the law (Hons-8)
  • Dissertation I
  • Information Technology Law
  • Program elective- (Seminar-3) Hons-9
  • Arbitration, Conciliation & ADR Mechanisms
  • Prof Ethics, Acc. for lawyers & Bar Bench Relation

Banking Law PG Course Syllabus

Banking Law PG Syllabus
Course Name Syllabus

MA in Business Law with specialisation in Insurance, Banking and Financial Services

  • Introduction to Law and Legal Systems
  • Commercial Contracts, Drafting & Negotiation
  • Business Structuring, Accountancy & Law Taxation
  • Corporate Governance and CSR
  • Business Centric Dispute Resolution
  • Banking Law
  • Insurance Law
  • Regulation of Technology based Payment Method
  • Corporate Finance, Investment Laws & Compliances
  • Legal Risk Management, Sectoral Regulatory
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Banking Law: Job Profiles and Career Prospects

One of the most popular job profiles after completing a Banking Law course is to become a Banking Lawyer. This profession is very lucrative and financially rewarding. Whether one chooses to practice independently or joins a law firm, the benefits of winning the case for a client are very attractive.

A Banking lawyer provides legal services to firms that fall under the financial services industry. Banking Lawyers typically represent lenders, agents, participants, and borrowers when any financial transaction takes place. Some of the key Banking Law job roles are mentioned below:

Job Roles

Average Salary Offered (in INR)

Corporate Lawyer

7 lakh per annum

Legal Advisor

5.8 lakh per annum

Solicitor

15 lakh per annum

Legal Executive

4 lakh per annum

Banking Law: Top Recruiters

Banking Law graduates are hired by law firms as well as banks and corporate houses as their legal advisor. Given below are the top law firms in India that hire law graduates in various specialisations including Banking Law.

  • Shardul Amarchand Mangaldas & Co.
  • Trilegal India
  • J Sagar And Associates(JSA)
  • Khaitan & Co.
  • Cyril Amarchand Mangaldas
  • Talwar Thakore and Associates
  • Lakshmikumaran & Sridharan
  • Sagar Associates
  • DSK Legal
  • AZB & Partners
  • Anand & Anand
  • Vaish Associates
  • Phoenix Legal
  • Desai & Dewanji
  • S & R Associates
  • Platinum Partners

Banking Law FAQs

Q: What is Banking Law?

A: Banking Law is a specialisation that candidates can pursue at the UG as well as PG level. Banking Law is a niche law specialisation that involves study of laws related to banking, finance, taxation and capital market, etc.

Q: What career opportunities are available after completing the UG course in Banking Law?

A: After completing a course in Banking Law aspirants can start independent practice as a lawyer or become a legal advisor for international law firms, accounting firms, banks, international corporations and large business houses.

Q: What are the courses available in Banking Law?

A: Aspirants can pursue both undergraduate (UG) and postgraduate (PG) programmes in Banking Law. It is offered as a specialisation in Law degree programmes.

Q: What are UG courses in Banking Law?

A: At UG level, candidates can pursue LLB, BA LLB and other integrated courses in which Banking Law is taught as a specialisation.

Q: What are the PG courses in Banking Law?

A: At PG level, aspirants can pursue Banking Law as a specialisation in the degree/diploma course. Post the PG course, they can also opt for Doctorate.

Q: What is the eligibility criteria for Banking Law?

A: The eligibility criteria for a Banking Law course at UG level is class 12 or equivalent pass from a recognised board or university. For PG level, the eligibility criteria is graduation, LLB or equivalent degree from a recognised university.

Q: Other than the degree courses, which courses are available in Banking Law?

A: Candidates can pursue short-term certificate or diploma courses in Banking Law apart from the degree courses.

Q: What are the job profiles in Banking Law?

A: After completing a PG course in Banking Law, one can start independent practice or join a firm as corporate lawyer, legal advisor, legal executive, etc.

Q: What is the syllabus of a Banking Law course?

A: Banking Law syllabus includes subjects like Business Mathematics, Torts & Consumer Protection Act, Marketing Management, Financial Market Regulation, Taxation Law, etc.

Q: What are the skills needed for a career in Banking Law?

A: Some key skills that an aspirant should possess in order to be successful in the field of Banking Law are communication skills, convincing power, eye for detail, debating skills, organisational skills, keen observation, analytical skills, etc.

Q: What does a Banking Lawyer do?

A: A banking lawyer gives legal advice to clients with respect to investment and revenue. He/she also works on corporate and finance related legal cases for the clients. Apart from these, a banking lawyer also helps in arranging loans for clients for business acquisitions and mergers.

Popular Banking Law Colleges in India

Following are the most popular Banking Law Colleges in India. Learn more about these Banking Law colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
1.37 L

#17 NIRF

19 L - 19.98 L
3.69 LPA
3.652

#25 NIRF

ICFAI Law School

ICFAI Law School

Shankarapalli, Hyderabad
4.0
12 K

#29 NIRF

50 K

#5 NIRF

2 Courses
17.95 L

Top 5 in Nagpur

Popular Private Banking Law Colleges in India

19 L - 19.98 L
3.69 LPA
3.652

#25 NIRF

2 Courses
17.95 L
1.37 L

#17 NIRF

ICFAI Law School

ICFAI Law School

Shankarapalli, Hyderabad
4.0
12 K

#29 NIRF

50 K

#5 NIRF

Top 5 in Nagpur

Most Popular Courses

Following are the most popular Banking Law courses, based on alumni reviews. Explore these reviews to choose the best course in Banking Law.

Popular Banking Law UG Courses in India

Following are the most popular Banking Law UG Courses . You can explore the top Colleges offering these UG Courses by clicking the links below.

UG Courses

Popular Banking Law PG Courses in India

Following are the most popular Banking Law PG Courses . You can explore the top Colleges offering these PG Courses by clicking the links below.

PG Courses

Comments

D

Dev Dave

2021-12-17 11:18:14

I want to know full detail information regarding banking courses and admission requirements, age eligibility and fees.

Reply to Dev Dave

39178519
Dinesh upadhyay

Guide-Level 13

2 months ago

Banking courses are offered at certification, Diploma and PG level. Also there is BBA courses with specializations in Banking and Finance. I will suggest you to do B.Com / BBA followed by an MBA in Banking and finance from reputed B school like FMS, IIM, JBIMS etc. Also you can explore about thes...Banking courses are offered at certification, Diploma and PG level. Also there is BBA courses with specializations in Banking and Finance. I will suggest you to do B.Com / BBA followed by an MBA in Banking and finance from reputed B school like FMS, IIM, JBIMS etc. Also you can explore about these course -
- PGDM in Banking by ICICI/ HDFC/ Symbosis
- PGDM un Banking from NIA, NIBM, FMS, IIFT etc. - distance PGDM courses in banking
For PGDM courses one just require graduation. Best wishes.

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