Updated on Sep 13, 2021 08:42 IST
Manashjyoti Hazarika

Manashjyoti HazarikaManager Content

Business Law is a law specialisation which is also referred to as Mercantile Law. Business Law deals with the laws on the basis of which every deal between people and commercial firms are governed.

Business Law has two distinct areas of functioning which are:

  • Regulation of commercial entities that is done through laws of company, partnership, bankruptcy and agency.
  • Regulation of commercial transactions that are done through the laws of contract. 

Aspirants can pursue undergraduate (UG) as well as the postgraduate (PG) level programmes in the field of business law. In UG level courses candidates need to pursue integrated law courses wherein the last few years of the course they can specialise in Business Law whereas in a PG level law course aspirants can straight away specialise in Business Law.

Apart from degree programmes, candidates can also pursue diploma programmes in the field of Business Law. Some of these popular courses are Post Graduate Diploma in Business Laws, Diploma in Business Laws, PG Diploma in Business and Corporate Law etc.

Difference Between Business Law & Corporate Law

Although many people feel that Business Law and Corporate Law are the same, however, it is worth knowing that there are significant differences between the two law specialisations.

The focus of Corporate Law is majorly on how corporates/ companies are formed as well as managed. Thus, Corporate Law revolves around the operation of a corporation. Corporate law deals with legal rights, obligations and privileges. On the other hand, lawyers working in the field of Business Law cover areas such as contracts, employment laws, commercial transactions and taxes. 

Table of Contents
  1. Eligibility Criteria for Business Law 
  2. Top Entrance Exams for Business Law Courses
  3. Skills Required for Business Law
  4. Business Law Courses, Subjects and Syllabus
    • 4.1 Master of Laws in Business and Corporate Law
    • 4.2 Master of Arts in Business Law
    • 4.3 Master of Business Administration in Business Law:
    • 4.4 Post Graduate Diploma Courses in Business Law
  5. Top Colleges offering Business Law Courses
  6. Frequently Asked Questions for Business Law

Eligibility Criteria for Business Law 

The eligibility criteria for a Business Law course may vary from college to college. Candidates who want to apply for a five year integrated course in Business Law meet the eligibility criteria for the course if they have completed their Class 12 or equivalent exam from a recognised board with passing marks.

The eligibility criteria for Business Law course offered at PG level is such that candidates should have completed a five year integrated law course or possess an LLB or equivalent degree.

Top Entrance Exams for Business Law Courses

Candidates need to appear and qualify the following law entrance exams to secure a seat in Business Law courses: 

Skills Required for Business Law

Aspirants who want to pursue Business Law as a course and career option should be well-versed with the Indian Penal Code, know all the technical aspects of businesses and extremely hardworking. Some key skills that an aspirant should possess in order to be successful in the field of Business Law are listed below:

Fluency

Clarity of speech

Interest in Research

Integrity

Ability to work long hours

Objectivity

Convincing power

Good presentation skills

Good judgement of situation/people

Persuasiveness

Hard-working

Confidence

Intellect

Ability to assimilate and analyse facts

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Business Law Courses, Subjects and Syllabus

The subjects/ topics taught as part of the Business Law course may vary from college to college. Candidates can go through the syllabus of UG level law courses offered in India below:

BBA LLB with specialization in Business Law

Legal Method

Financial Management

Human Resource Management

Law of Contract-I

Organizational behaviour

Family Law-II

Legal English and Communication Skills

Marketing Management

Constitutional Law-II

Principles of Management

Family Law-I

Law of Crimes-II

Managerial Economics

Constitutional Law-I

Administrative Law

Law of Contract -II

Law of Crimes-I

Strategic Management

Law of Torts and Consumer Protection

Business Environment & Ethical Practices

Environmental Studies and Environmental Laws

Law of Evidence

International Law

Tax Law

Corporate Law

Property Law

Law and Emerging Technologies

Code of Civil Procedure

Investment and Competition Law

Human Rights

Alternative Dispute Resolution (ADR)

Code of Criminal Procedure

Intellectual Property Rights

Jurisprudence

Labour Law-I

Labour Law-II

Interpretation of Statutes

Legal Ethics and Court Crafts

Land and Real Estate Laws

International Trade Law

Drafting, Pleading and Conveyancing

 

Aspirants can go through the course curriculum of PG level Business Law programmes offered at colleges in India below:

LLM in Business Law

Indian Constitutional Law: The New Challenges

Legal Regulation of Economic Practices

Legal Education and Research Methodology

Insurance Law

Jurisprudence and Legal theory

Corporate Finance

Law of Industrial and Intellectual Property

Law and Social Transformation

Law of Export-Import Regulation

Master of Laws in Business and Corporate Law

LLM in Business and Corporate Law

Research Methods and Legal Writing

Banking and Insurance Law

Comparative Public Law

Law and Justice in a Globalizing World

Corporate Governance

International Trade Law

Investment Law and Competition Law

Maritime Law

Intellectual Property Law

 

Master of Arts in Business Law

The law specialisation is also offered as an MA course and the syllabus is as under:

MA in Business Law

Law of Contract

Principles of Intellectual Property Law

Banking Law & Financial Regulation

Introduction to Corporate & Financial Law

Investment Laws

Dispute Settlement in Trade & Investment

Legal Research & Writing

Comparative Competition Law

Taxation of Corporations & Commodities

Labour & Industrial Relations Laws

Advanced Corporate Law & Governance

Insurance Laws

Environmental Laws

Information Technology, E-commerce & Cyber laws

Law of International Trade

Law, Ethics & Governance

Infrastructure Finance

Mergers & Acquisitions

Entrepreneurship & Family Business

Land Acquisition Laws

 

Master of Business Administration in Business Law:

The course curriculum for MBA in Business Law is as under:

MBA in Business Law

Organisational Behaviour

Quantitative Methods  

International Accounting and Finance

Business Communication            

Human resource management 

International Marketing

Accounting for Managers

Financial Management 

International Strategy

Economics & Management Decisions

Operations Management            

International Human resource Management

Marketing Management

Business Research Methods      

Information systems/ Operations Management

Principles & Practices of management   

Operations Research

Sustainability

Elective: International Business Law/ International and Comparative Commercial Arbitration

Elective: International Trade Law

Elective: International Banking Law

Post Graduate Diploma Courses in Business Law

Apart from the above-mentioned courses, candidates can also go through the syllabus of Diploma courses in Business Law below:

Post Graduate Diploma in Business Laws

Law of Contract/ Commercial Laws, Company Law, Competition Laws, Laws of Arbitration and International Arbitration, Banking Laws

Insurance Laws, Labour Laws, Law of Taxation, Securities and Investment Laws, Environment Laws, Intellectual Property Laws

PG Diploma in Business and Corporate Law

Law of Contracts, Corporate Law, International Economic Law, Consumer Protection Act, 1986 and Competition Act, 2002, Corporate Restructure Law, Corporate Finance Law, Dispute Resolution Law, Laws Related to Banking, Corporate Governance, Intellectual Property Law, Research Methodology

Top Colleges offering Business Law Courses

Here are the best colleges in India offering various courses in Business Law:

Colleges Courses offered

NLSIU Bangalore

LLM in Business Law

NLU Hyderabad (Nalsar)

Master in Taxation and Business Laws

LLM in International Trade and Business Law

School of Law, UPES LLM in Business Law
Amity Law School Noida LLM in Business Law

Adamas University

LLM in Business Law

GNLU Gandhinagar (NLU)

LL.M. in Corporate and Business Law

TNDALU - Tamil Nadu Dr Ambedkar Law University

LL.M. in Business Law

Symbiosis Law School, Pune

Diploma in International Business Laws and Corporate Laws

NLIU Bhopal

LL.M. in Intellectual Property and Business Law

LL.M. in Business Law

NLU Kolkata (NUJS)

Post Graduate Diploma in Business Laws

Diploma in Entrepreneurship Administration and Business Law

Symbiosis Law School, Noida 

L.L.M in Business and Corporate Law

NLU Patiala (RGNUL)

LL.M. in Business Law

NLU Ranchi (NUSRL) 

LL.M. in Business Law

Candidates who pursue a UG level course in Business Law can either opt to pursue a PG level law course or even opt to pursue a law job profile on completing the course. One of the most popular job profiles after completing a Business Law course is to become a Business Lawyer.

Apart from this, candidates can also pursue other law job profiles after completing their Business Law course from a reputed college/ university. 

Frequently Asked Questions for Business Law

Q: What is Business Law? 

A: The Business Law specialisation deals with all legal aspects required for running of business organisations including laws of copyright, contractual law, workplace safety regulations, financial law, taxation, IPR and more. 

Q: What are the subjects of Business Law?

A: The Business Law specialisation is offered through various courses, however, the common subjects to be studied in all the courses are: 
  • Law of Contract/ Commercial Laws
  • Company Law
  • Competition Laws
  • Laws of Arbitration and International Arbitration
  • Banking Laws
  • Insurance Laws
  • Labour Laws
  • Taxation Laws
  • Environmental Laws
  • Human Rights Laws
  • Mergers and Acquisitions 

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Q: What courses offer Business Law as a specialisation? 

A: The business law specialisation is offered as - BBA LLB in Business Laws, Master of Arts in Business Law, LLM in Business Law and Post-Graduate Diploma in Business Laws. 

Q: What is the difference between Business Law and Commercial Law?

A: The specialisations Business Law and Commercial Laws are interrelated and to make a successful career in either of the specialisations, one has to study both. 

Q: What is the scope of Business Law? 

A: The candidates studying Business Laws have plenty of opportunities since it is an important part of every business organisation and a graduate in this specialisation has studied all the related subjects. The details about job profiles and recruiters are mentioned above in this article. 

Q. How to get admission in Business Law courses?

A. To secure admission in Business Law, candidates should first apply to the university/ law college and then appear and qualify the entrance exam as accepted. 

Q. What are some good colleges for Business Law courses?

A. There are many good colleges in India offering courses in Business Law including, NALSAR Hyderabad, NLIU Bhopal, WBNUJS, RGNUL Patiala, School of Law, UPES, SLS Pune, SLS Noida etc. 

Q. Do I need to appear in any entrance exam for securing admission in Business Law courses?

A. Yes, candidates need to appear in the entrance exam accepted by the law colleges or universities for admissions to Business Law courses. 

Q. How much is the fee for Business Law courses?

A. The course fee for Business Law is anywhere between Rs 5,000 and Rs 11 lakh depending on the courses offered and the colleges. 

Q. What are some diploma courses in Business Law?

Popular Business Law Colleges in India

Following are the most popular Business Law Colleges in India. Learn more about these Business Law colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
1 Course
2.19 L
6.7 LPA

#1 NIRF

30 K

#2 NIRF

1.08 L
8.5 LPA

#3 NIRF

2 Courses
1.52 L - 2.56 L
3.6 LPA
4.62

#9 NIRF

2 Courses
29 K - 1.65 L
3.84 LPA

#9 NIRF

1.33 L
4.5 LPA

#10 NIRF

Popular Private Business Law Colleges in India

1.2 L

Top 10 in Gujarat

2.66 L
3.5 LPA

#25 NIRF

2 Courses
10.03 L
3.65 LPA
3.832

Top 10 in Karnataka

3.42 L
5 L
1.66 L

Popular Business Law UG Courses in India

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

UG Courses

Popular Business Law PG Courses in India

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

PG Courses

Comments

K

Khushitayalkpg

2021-12-30 00:41:26

Which are some of the law colleges without Maths with high placement jobs?

Reply to Khushitayalkpg

39421129
Vipin Bihari Yadav

Guide-Level 12

2 months ago

Hii, Name of Institute/ CollegePlacement score
National Law School of India University, Bengaluru 4.8
National Law University, Delhi 4.0
NALSAR University of Law, Hyderabad 4.0
Indian Institute of Technology, Kharagpur 4.0
thanks,. .

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