Commercial Law

Commercial Law

Degrees offered: Diploma, L.L.M, M.A., M.Phil., M.Sc., Other Bachelors, P.G.D

What is Commercial Law

Commercial Law is a subject that deals with Business Law. The course focuses on teaching students the way business firms enter certain contracts and how work is done by them. The subjects focus on how the laws are undertaken in business and how it is used. The main objective of this course is to teach students how the Law is handled and what is covered in the subject and how Law is used under certain circumstances. 


The candidates who have a keen interest and are willing to learn about the aspects of Law, then a career in Commercial Law is a great choice for you. 


Pursuing a course in Commercial Law provides the students with a wide range of career opportunities by giving them a deep knowledge of the trade and business law. The individuals are hired as Corporate Lawyer, Legal researcher, etc. 

Eligibility Criteria (UG & PG) of Commercial Law

The eligibility criteria for  Commercial Law differs from college to college. The minimum eligibility criteria is a minimum aggregate of 50% marks or equivalent from a recognized board.


For Undergraduates:

The minimum eligibility for an Undergraduate is, he/she should qualify the 12th examination from a recognized board or university. The minimum eligibility criteria are a minimum aggregate of 50% marks or equivalent. 


For Postgraduates:

If the individual wishes to pursue the course as a Postgraduate degree, then he/she must hold an LLB degree from a recognized board. 

The minimum eligibility criteria differ from one college to another, depending on the individual’s eligibility. 


Entrance Exams for Commercial Law Courses

There are entrance examinations for  Commercial Law  conducted by the colleges in order to procure admission to the individual. Some of the entrance examinations are:

  • CLAT - Common Law Admission Test is conducted at the national level for individuals to 22 National Law Universities in India. After qualifying the exam, the individual is given admission to national law universities.
  • LLM (CLAT PG) - Common Law Admission Test PG (Post Graduate) is an entrance examination that is conducted for procuring admission in 21 National Law Universities.
  • AILET - All India Law Entrance Test is an examination that is conducted to give admissions to the individuals who are eligible for the study of Law.

These are the entrance examinations conducted in order to obtain admission in 22 National Law Universities to pursue the course. 

Scope of Commercial Law in India and Abroad

The scope of  Commercial Law courses is tremendous not only in India but abroad as well. The need for professionals in this field is increasing on a daily basis. It explores opportunities as legal officers in this field. 


The course of  Commercial Law has a huge scope giving career opportunities to the individuals in the field. They are further hired in various organizations like KPO, LPO, etc. The scope of this field keeps expanding with more and more business firms coming up. 


With the advancement in technology and the rise in the number of businesses, the need for commercial lawyers is increasing day-by-day. It is very important for the students to understand the importance of Law used to govern business. 


Pursuing a course in Commercial Law gives students the opportunity to learn about new businesses and how to govern them through the use of Law. After the successful completion of this course, the individuals are hired as Legal Counselor, Business Lawyer, Commercial Lawyer, etc. 

Course Fees Commercial Law

Minimum Fees Maximum Fees
Private Government Private Government
PG
43.00 K
L.L.M in Commercial Law at MJRP Academy of Law, MJRP University, Jaipur
4.27 K
M.Com in Commercial Law at Shivaji University, Kolhapur
6.00 Lakhs
M.A. in Commercial Law at Jindal School of International Affairs, Sonipat
1.75 Lakhs
L.L.M in Commercial Law at University School of Law and Legal Studies, New Delhi
DIPLOMA
28.00 K
Diploma in Commercial Law at Sardar Patel Subharti Institute of Law, Meerut
3.48 K
Diploma in Commercial Law at Government Womens Polytechnic, Gulbarga
28.00 K
Diploma in Commercial Law at Sardar Patel Subharti Institute of Law, Meerut
9.00 K
M.Sc. in Commercial Law at Manonmaniam Sundaranar University, Tirunelveli

Course Subjects

The course subjects for  Commercial Law give the students a broad understanding of the subject and make sure they get the required knowledge. The course includes subjects that enhance the understanding and makes the student better in the subject. The subjects include the subjects that focus more on Law and its understanding. 


Some of the  Commercial Law subjects included are:

  • Insurance Laws
  • Research Work
  • Economic tribunals
  • Capital market laws
  • Free trade agreements

Careers in Commercial Law

The law professionals have plenty of career options. After the successful completion of the course, there is a wide scope of career opportunities where the individual can apply. The career opportunities in the field of Commercial Law are based on the candidate’s performance.


The careers in this course are:

  • Legal Advisor

  • Legal Researcher

  • Corporate Lawyer

  • Civil Judge

  • Enforcement Officer 

Job Profiles and Top Recruiters

Commercial Law is one of the professions that is never going to stop and is going to keep growing. After the successful completion of this course, there are many career opportunities in this field. Some of the job profiles for  Commercial Law are mentioned below: 


Job Profile

Job Description

Legal Officer

The main responsibility of a Legal Officer is to look after the cases and take action on it. He/she has to ensure that the legal action taken is best for their client. They are also responsible for monitoring and giving advice to their clients.

Legal Advisor

The Legal Advisor has to look after the case and give them advice in order to take legal action. They have to prepare documents, and also provide legal support. They also have to look after the contract between the vendors and the one who is doing business.

Commercial Lawyer

Commercial Lawyers have to deal with the business matters and also look after the commercial matters. They have to assist in transactions, documents, etc.

Legal Researcher

A Legal Researcher is responsible for looking after the research that is done. He/she has to undertake the aspects of Law and do in-depth research regarding the same. The main focus is to learn about certain areas of Law.

Legal Assistant

The Legal Assistant is responsible for assisting the higher lawyer in assisting the documents, gathering information, etc. They also help the lawyers with the trial.

  

Some of the recruiters in this field are:

  • KPO

  • LPO

  • Corporate Firms

  • Businesses

  • Legal Consultancies

  • Tribunals 

Required Skillset for Commercial Law

Every professional needs some required skills in order to get the best outcome. The candidates must possess certain skill sets in order to perform better at their job. Some of the required skill sets for Commercial Law  are: 


  •  Analytical ability - The individual should be able to analyze the problem and find the solution according to the problem. They have to make decisions based on certain factors and then take the decision accordingly.

  • Attention to detail - It is very important to accomplish a task with accuracy. It is very important to look after every minute detail accurately without making any mistakes. Most of the candidates have this skill on their resume.

  • Sound judgement - This is one of the most important and a must skill that the lawyer is required to have. It is the ability to assess situations and make sound judgement that comes to sound conclusions.

  • Writing ability - The individual should possess writing skills to quickly write down the opinions. He/she should be quick in writing what the person in the court is saying and simultaneously draw conclusions.

  • Persuasiveness - The individual must be able to convince the person to accept the certain in order to get the desired result. Your convincing power should be strong in order to convince the other person in front of you.

Course Curriculum for Commercial Law

Law is altogether a subject that deals with understanding the legal procedures, Law and justice, etc. The  Commercial Law course’s main focus is to look after the operation of commercial Law in both international and national business. Some of the course curriculum for  Commercial Law includes:


  • Foreign trade policies
  • Banking and Finance Law
  • Philosophy of Law
  • E-commerce
  • Corporate legal framework

Questions related to Commercial Law

Showing 13 out of 13 Questions
42 Views

best colleges for commercial law in India

Anonymous 12th Jan, 2020

Kushagra, some commercial law colleges in India have been listed here:

  • Maharashtra National Law University, Mumbai
  • University School of Law and Legal Studies, New Delhi
  • National Law University, Cuttack
  • Manikchand Pahade Law College, Aurangabad
  • Kirit P Mehta School of Law, Mumbai
  • Damodaram Sanjivayya National Law University, Visakhapatnam
  • CRM University School of Legal Studies, Bangalore

For more details on the fee structure, courses, admission process, etc you can visit the given link: https://law.careers360.com/colleges/list-of-commercial-law-colleges-in-india?sort=popularity&page=1

97 Views

Commercial law up ki kis university se hota hai.

Anonymous Student Expert 19th May, 2019

Hello Sir. Commercial Law is a business law which is applied in business activities including trade and commerce. The study of commercial law deals with the law undertaken in a business which regulates corporate contracts, rules and regulations related to manufacturing and sales of consumer goods. The course focuses on the operation of the commercial law on international and national business taking place in the country like in the case of exports and imports. Students pursuing the course are taught through internships with commercial lawyers. The universities offering this course are: 

Amity University

Shobhit University

Monad University

137 Views

Mujhe Commercial Law Up ke kaun si University/Institute se karna chahiye.

Anonymous 25th Dec, 2018

Hello Akhil.

Below are some good and reputedlaw institutes in UP which you can choose depending upon your rank in the entrance -

1) Faculty of Law, BHU

2) RMLNLU, Lucknow

3) Shri Ram College of Law, Muzaffarpur

4) University of Lucknow

5) Amity Law School

6) Bhimrao Ambedkar Law College, Lucknow.


You can choose any of the above but RMLNLU And BHU are the best .

Thank You

245 Views

After graduate how i study law

Anonymous 23rd Nov, 2018
The LLB course is for 3 years, so which you can pursue post your degree in B.A, B. Com or even B.E with a score of marks above 40%. The other option is B.A. LLB which is a 5 year integrated course, that you can pursue post your PUC or 12th Standard. BA LLB is 3 years course, where is integrated course is of 5 years.you can apply forLLB after 12th. You may either choose BALLBor BBALLBfive year integrated undergraduate program. You need to give the entrance examination for getting admission. Every college conducts their own entrance examination.

Thanks,
Azim
497 Views

I m B. E. In Civil engineering i want to do LLB pls guide me in which stream i should go and have scope with civil my engineering

Anonymous Student Expert 21st Nov, 2018

Hey Mitesh.

As you have already completed your Undergraduation in Engineering and now you want to pursue Law further, you should go for a 3 year LLB course from any recognised University. LLB is a general degree in Law there is no scope or requirement  of specialisation in any area of law the LLB degree itself. If you wish to specialise further you can pursue a 1 year or 2 year LLM course after that.

For admission in LLB there are separate entrance tests or admission procedures in different universities. The most sought after entrances are- DU LLb, MHCET, SLAT, PULLB, BHULLB, BVP LLb TSLAWCET etc.

Best of luck!

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