TNDALU Chennai
- Fees: ₹ 67,200
International Trade Law
Degrees offered: B.A., B.A.(Hons), B.Com.L.L.B, BS, L.L.B, L.L.M, M.A.
What is International Trade Law
International Trade Law is a branch of law that deals with the trade between two or more countries. International Trade Law encompasses various rules and customs that need to be remembered while carrying out trade between different countries. International Trade Law helps the candidate to understand the theories and policies that can help in trade with other countries. They also learn why international trade is important for countries' development and how much income is contributed to national income by different countries because most countries have now become a part of the World Trade Organisation (WTO).
Candidates after pursuing the International Trade Law field can pursue various careers in the field of Law. In recent years, The International Trade Law field has become quite independent because many transactions between private companies of different countries have become a part of WTO activities. International Trade Law has four different levels of relationships, which are unilateral measures, bilateral relationships, plurilateral agreements, and multilateral arrangements.
International Trade Law Course Highlights
| Particulars | Values |
|---|---|
Branch Name | International Trade Law |
Degree | LLB, Integrated LLB, LLM |
Duration | LLB (3 years) Integrated LLB (5 years) LLM (2 years) |
Eligibility | LLB (Graduate with 50 per cent of aggregate marks from a recognised board) Integrated LLB (10+2 with 50 per cent of aggregate marks from a recognised board) LLM (Bachelor of Law Degree with 50 per cent of aggregate marks) |
Admission Process | LLB (Entrance exams like CLAT, TS LAWCET, AILET, and LSAT) Integrated LLB (Entrance exams like CLAT, LSAT, and AILET) LLM (Entrance exams like AILET, IPU CET, BHU UET) |
Top Entrance Exams | CLAT UG, CLAT PG, LSAT, AILET, AILET PG |
Course Fees | LLB (Rs 1,00,000 to Rs 1,50,000) |
Integrated LLB ( Rs 1,50,000 to Rs 5,00,000) | |
LLM (Rs 1,50,000 to Rs 5,00,000 ) | |
Career options | Legal Counsel, Regulatory Affairs Manager, Corporate Lawyer, International Trade law consultant, International Lawyer |
Average Salary | Rs. 1,70,000 to Rs 29,00,000 |
Recruiting Companies | Trilegal India, Anand, and Anand, ICS Legal, Y-Axis Overseas, TCS, Infosys, and Lenovo |
Specialisations or Similar Ones
International Trade Law is a contemporary field of study that combines various topics and subjects. Some of the subjects offered are Principles of International Trade Law, World Trade Organisation ( WTO), Cross- border transactions. There are many courses that are related to or similar to the International Trade Law field. Some of the key specialisations in the field of International Trade Law are:
- Business and Trade Law
- International Law and Organisation
- International Business Law
- Intellectual Property and Trade Law
In the table below, we have mentioned some of the popular degree programmes related to International Trade Law.
LLM Business and Trade Law | LLM International Law and Organisation |
PGD International Trade Law | Ph.D International Relations |
Top International Trade Law Colleges in India
There are many colleges offering International Trade law courses in India. Tuition fee in these colleges depends on many factors such as cutoff marks, reservation category, college location, and course chosen by the candidate. A few top colleges offering International Trade law courses are mentioned below:
| Colleges | Fees |
|---|---|
Rs 1,25,000 | |
- | |
Rs 1,51,000 | |
Rs 1,83,000 | |
Rs 2,58,000 | |
Rs 1,80,000 | |
Rs 1,56,000 |
Private International Trade Law Colleges in India
There are many private colleges offering International Trade Law courses to students all over India. The tuition fee in these colleges is comparatively higher than government colleges. The fee can be paid on a semester-wise or yearly basis. Candidates before applying for college can check the fee structure on the college's official website. A few top private International Trade Law colleges are mentioned below:
| Colleges | Fees |
|---|---|
GITAM School of Law Visakhapatnam | Rs 1,25,000 |
MSRCL | - |
SLS Pune | Rs 1,83,000 |
School of Law, UPES Dehradun | Rs 2,58,000 |
Sharda University, Greater Noida | Rs 1,80,000 |
Faculty of Law, SRM University, Delhi-NCR, Sonepat | Rs 1,56,000 |
Rs 2,00,000 |
Top Government International Trade Law Colleges in India
There are only a few colleges in India that offer International Trade Law courses to students. Tuition fees in these colleges are less compared to private colleges. These colleges are recognised because of their academic excellence. A few government International Trade Law colleges are mentioned below:
Colleges | Fees |
- | |
Rs 64,000 | |
Rs 1,51,000 |
Eligibility Criteria (UG & PG) of International Trade Law
The eligibility criteria for International Trade Law is different for different institutes, students can check it by visiting the official website of the institute. For a UG course, the candidates need to complete their 10+2 education with a valid aggregate score and appear for any one of the top Law entrance examinations specified by the institute.
For the postgraduate courses, the candidates need to complete a Bachelor’s degree in the field of Law or related disciplines with a valid aggregate score specified by the desired institute. Below we have mentioned the eligibility criteria for UG and PG courses in detail.
Eligibility Criteria for UG Courses:
The candidates interested in pursuing an undergraduate course in the field of International Trade Law must meet the eligibility criteria of the desired institute. Students need to complete their 10+2 or equivalent examination with a valid percentage from a recognised board. They must also appear for any one of the top entrance examinations specified by the institute.
- Candidates should complete 10+2 in any discipline from a recognised board or university.
- Candidates who want to pursue international trade law courses need to appear for entrance examinations conducted by top universities and colleges.
Top Entrance Exams for UG Courses
CLAT- Common-Law Admission Test (CLAT) is an entrance test in the area of law that is conducted by the National Law University at a national level in India. It is an offline examination and is widely accepted in most law institutions and colleges.
LSAT- LSAT is an Indian national-level law entrance exam, conducted by the law school admission council. The mode of exam is online and counselling is done offline.
AILET- AILET or All India Law Entrance Test is a national-level entrance examination conducted by the National Law School, Delhi. AILET exam offers 110 BA LLB courses and 70 LLM seats.
ULSAT: ULSAT LLM stands for the University of Petroleum and Energy Studies Law School Admission Test. This exam is conducted online and the questions are based on common thinking analysis and are three hours long. It is conducted to grant admission to the UG courses.
Eligibility Criteria for PG Courses
Eligibility requirements for the postgraduate course depend on the institute the candidate wants to be admitted in, generally for a postgraduate degree in International Trade Law students need to have a Bachelor's degree in a field of Law or related discipline with a valid aggregate percentage. They also need to appear for relevant entrance examinations scoring qualifying scores.
- Candidates after completing their LLB or BBA LLB in international trade law or any relevant field are eligible for international trade law courses at postgraduate.
- Candidates must clear the entrance exams conducted by various universities and colleges.
Top Entrance Exams for PG Courses
CLAT PG- CLAT PG or Common-Law Admission Test Post Graduate is conducted by the National Law University. It is a national-level entrance test in the area of law which. CLAT PG is conducted in the offline examination and is recognised by most law institutions and colleges.
AILET PG- AILET PG is a national-level law entrance examination conducted by NLU Delhi for their one-year LLM programme. It is an online exam which is conducted only once a year.
TS PGLCET: TS PGLCET stands for Telangana State Post Graduate Common Law Entrance Test. It is a state-level examination conducted by Osmania University to grant admission to the PG courses in the field of Law. The appearing students should have cleared their three-year or five-year LLB course from a recognised university. The exam is conducted in Online mode and is of 30 mins duration.
College Predictors VIEW ALL
Scope of International Trade Law in India and Abroad
In today’s world, massive globalisation and modernisation are going on, due to which the current scenario has shifted from the past and a country surviving on its own is very difficult and unimaginable. Countries need to carry out trade between them to increase one's own economic prosperity.
Countries depend on one another for various reasons such as the import and export of raw materials, finished products, and various others. For the proper development of trade, laws are required for each country to carry out transactions within the rules and regulations. In ancient times, this was known as the barter system which is now transformed into a more modernised, sophisticated, reliable method and dignified which is under the rules and regulations of each country.
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Course Fees International Trade Law
| Minimum Fees | Maximum Fees | |||
|---|---|---|---|---|
| Private | Government | Private | Government | |
| UG |
40.00 K
B.Com.L.L.B in International Trade Law at NIMS School of Law, NIMS University, Jaipur
|
---
Data not available
|
30.00 Lakhs
B.A. L.L.B in International Trade Law at Sai University, Chennai
|
---
Data not available
|
| PG |
40.00 K
L.L.M in International Trade Law at NIMS University, Jaipur
|
---
Data not available
|
3.50 Lakhs
L.L.M in International Trade Law at Jindal Global Law School, Sonipat
|
1.50 Lakhs
L.L.M in International Trade Law at National University of Advanced Legal Studies, Kochi
|
| DIPLOMA |
7.90 K
Diploma in International Trade Law at Indian School of Business Management and Administration, Kochi
|
---
Data not available
|
7.90 K
Diploma in International Trade Law at Indian School of Business Management and Administration, Kochi
|
---
Data not available
|
Course Subjects
In this section, we will discuss the syllabus of International Trade Law at undergraduate and postgraduate level.
International Trade Law Syllabus for UG Courses
Candidates in UG will learn the topics related to the meaning and evolution of international trade law, bills of exchange, and bills of lading. International trade is studied as a subject under UG in BA LLB or BBA LLB. In the table below, we have mentioned the undergraduate syllabus of International Trade Law from Himachal Pradesh National Law University, Shimla.
Meaning and Evolution of International trade law | Types of International trade law |
Incoterms 2020 | Formation and enforcement of International contracts under CISG |
Rights Liabilities of parties to international sales contracts | - |
International Trade Law Syllabus for PG Course
The International Trade Law syllabus for the postgraduate course depends on the institute. Some of the subjects that are taught in the course are Law of World Trade Organisation, Law and Justice in a Globalising World, and Law of International Carriage. In the table below we have mentioned the postgraduate syllabus from Gujarat Maritime University.
Semester 1 | |
Research Methods & Legal Writing | Law Of World Trade Organisation |
Law And Justice In A Globalising World | India And Foreign Trade |
International Commercial Law | - |
Semester 2 | |
Law Of International Carriage | International Commercial Arbitration |
International Investment Law | Law Of World Trade Organization |
Dissertation | - |
Careers in International Trade Law
International Trade Law courses always have an ever-increasing demand due to the increase in global trade and interdependence. International trade is being carried out across different countries to increase profit for the country as well as meet the economic demand of the world. Some countries have good manufacturing plants for a particular product while others do not, therefore countries use trading terms for import and export of such products.
The graduates of the International Trade Law course will have versatile options for building a career in this field. After completing their bachelor’s degree, they can go for a master’s degree which offers them various international trade law course options. After their master’s degree, they can start with freelancing or initially join a company and work under them to get an experience of how advice is given and what strategies are made.
| Job Profile | Job Description |
|---|---|
Legal Advisors conduct analysis and research on the legal matters arising in front of them from their clients or different organisations. They provide legal advice on legal matters and help in drafting legal opinions and other documents. | |
Assistant Professors are professionals who find out new and innovative ways of delivering knowledge to the students. They act as guides, leaders, and mentors for the students when they need help with research projects. | |
Legal Analysts are responsible for conducting research and gathering all the relevant information. They gather information, do proofreading, and make drafts of different documents like leases, policies, and licences. They read old cases and write summaries based on legislation, regulations, standards, and journals. |
Upcoming trends
International Trade has been growing rapidly due to the lack of resources in one place and plenty in the other. Therefore, International Trade plays an important role in increasing the national income. It contributes more than two percent of income from world trade to national income. Some of the upcoming trends that have been coming up in International Trade Law are:
- Trade opportunities in new countries
- New Supply Chain Technologies
- Sustainable products
- International Trade Law Top Recruiters
- Regional trade agreements
- E-commerce and digital trade
Job Profiles and Top Recruiters
International Trade Law graduates are hired by many companies, most of the companies who are hiring these candidates deal with the international trade of import and export of products. Students may even find job positions in colleges and universities where they can deliver their knowledge to the students. Some of the top recruiters are-
- Trilegal India
- TCS
- Anand and Anand
- Infosys
Average Salary
Candidates after completion of graduation in international trade law are hired by many law agencies. The salary structure for these graduates depends on various factors such as job location, skills, and abilities of the employee. A good salary would keep the students motivated and they will keep working hard to increase their pay scale. The average salary for some job profiles is mentioned below:
| Job Profile | Average Salary |
|---|---|
Legal Advisor | Rs. 6.3 LPA |
Assistant Professor | Rs. 5.3 LPA |
Legal Analyst | Rs. 4.6 LPA |
Note: The salaries mentioned above are only for a reference point of view, the actual salary may be different based on the experience of the candidate, the location of the company, and the job profile.
Source: Ambition Box
Required Skillset for International Trade Law
Students who wish to study International Trade Law and set up a career in international trade should possess good communication skills and confidence while delivering a speech. Some of the key skills required have been mentioned below –
Integrity | Good Presentation Skills |
Persuasiveness | Convincing Power |
Fluency | Confidence |
Leadership skills | Research skills |
Course Curriculum for International Trade Law
International Trade Law courses equip students with knowledge of theories, rules, and regulations essential for advising companies during international trading. They gain insights into the benefits of international trade, such as effective production, profit maximisation, and economic growth. The course also covers the rights and duties of buyers and sellers in trade agreements.
At both undergraduate and postgraduate levels, the curriculum varies. The course is primarily studied in the LLM degree, with topics including the evolution of international trade law and bills of exchange. The World Trade Law Organisation’s trade regulations and dispute resolutions are also covered. International Trade is a subject in BA LLB or BBA LLB degree at the undergraduate level.
Popular International Trade Law Entrance Exams in India
Popular International Trade Law Colleges in India VIEW ALL
Integral University, Lucknow
- Fees: ₹ 70,000
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Sharda University
- Fees: ₹ 180,000
Frequently Asked Questions (FAQs)
Question: Are there any similar or related specialisations in the field of International Trade Law?
Answer :
There are many courses that are similar to International Trade Law such as LLM Business and Trade Law, PGD International Law, and Ph.D International Relations.
Question: What are some of the necessary skills that are required for International Trade Law course?
Answer :
Candidates need to have certain skills in order to do well in the field of International Trade Law such as Integrity, Good Presentation skills, Fluency, Confidence, Leadership Skills, and Research Skills.
Question: What are some of the top entrance examinations in the field of International Trade Law?
Answer :
The top entrance examinations in the field of International Trade Law are CLAT, AILET, LSAT, TS PGLCET, and AILET PG.
Question: What are the top recruiters in the field of International Trade Law?
Answer :
Some of the top recruiters in the field of International Trade Law are Trilegal India, ICS Legal, Anand and Anand, TCS and Infosys.
Question: What are the career options in the field of International Trade Law?
Answer :
The career options in the field of International Trade Law are Legal Advisor, Assistant Professor, International Lawyer, and International Trade Consultant.
Question: What are the fees for this course?
Answer :
The fees for this course are different for different degree, For a Bachelor's degree, it varies from Rs. 50000 to Rs. 2 lakhs p.a. (approx.) and for a Master's degree it varies from Rs. 1 – 2 lakhs p.a. (approx.)
Question: What is the average starting salary of the students?
Answer :
The starting salary of the students differs from Rs. 2-3 LPA. The salary depends on many factors such as the experience of the candidate, the location of the company, skills, and job profile.
Question: Which are the colleges/universities offering this course?
Answer :
The top colleges/universities offering this course are, NLU Hyderabad, NLU Kochi, Parul University, Asian Law College Noida, UPES School of Law, LPU Jalandhar, NLU Kolkata, Amity University, Noida, NLU Patiala, and IIT Kharagpur.
Question: Which are the postgraduate courses offered in international trade law?
Answer :
There are various courses offered at the LLM level of international trade law. Some of them are LLM in International Trade Law, LLM in International Commercial Law, LLM in International Business Transactions and Trade Law, LLM in International and Comparative Law, and LLM in International Trade and Economic Law.
Question: What is the difference between international trade law and international economic law?
Answer :
The most common difference here being is that international economic law is a broader term which includes all the laws relating not only to world trade organizations but also those related to the international monetary system and current regulations.
International trade law only deals with the rules of international legislation and those regulating international trade relations.
Courses Similar to International Trade Law
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