Master of Law Business Law Top Colleges, Syllabus, Scope and Salary 2024

L.L.M. Business Law is a postgraduate Law course. The course gives an in-depth legal knowledge of issues such as Business governance and business liabilities. The candidate should have secured an L.L.B. degree or its equivalent from a recognized University, having obtained not less than 55% marks in the aggregate (50% in case of candidates belonging to SC/ST/OBC).

Top Institutes offering LLM Business Law are:

• National Law School of India University
• The West Bengal National University of Juridical Sciences
• The National Law Institute University
• Symbiosis Law School
• O.P. Jindal Global University, Jindal Global Law School

Its focus is upon the practical difficulties businesses experience when meeting their legal obligations and complying with regulatory frameworks. Business Law touches on everything from contracts, transactions, bankruptcy, and taxation to banking, trade regulation, competition, finance, and intellectual property. Given the importance of these areas to national and international business, it's no wonder why so many lawyers study and work in the field.

Such postgraduates are hired in capacities such as Legal Expert, Advocate & Attorney General, Law Reporter, Trustee & Advocate, Magistrate, Munsifs (Sub-Magistrate) Notary, Oath Commissioner, District & Sessions Judge, Public Prosecutor, Legal Advisor & Solicitor, Teacher etc.

The average tuition fee charged for the course in India ranges between INR 5000 and 2 Lacs for a span of 2 years, the starting salary offered in anywhere in India between INR 15,000 to 25,000 per month. After some skills and experience, applicants can easily earn Rs. 40,000 to Rs. 60,000 per month.

LLM Business Law: Career Prospects

The Business sector has seen an unprecedented growth in the last few decades. This has created a huge opportunity for the Business law professional in the industry. A Business lawyer is a person responsible for handling the business operations, the decision in a legal way.

 The Business lawyer or attorney provides guidelines to the company’s that how the business is conducted within the legal limits. The Business legal counselor additionally takes care of the customers who have some kind of criminal allegations against them with respect to their business activities and also authorized any new business activity or business deal performed by an association.

There are ample of job opportunities available in government as well as private sectors. After pursuing LLM degree in Business law, candidates can get job placements in law firms, insurers, banks, asset managers, etc. If they are interested in a teaching field, they can become or appointed as a Teacher or Lecturer in colleges or universities after completing the master’s degree in Business Law.

Further Studies: Students who wish to pursue higher studies can opt for LLD (Doctor of Laws), Ph.D. in Law, M.Phil. Law. 

Related LLM Business Law courses are:

• LLM Corporate Law
• LLM Labour Law
• LLM Intellectual Property Rights

Read More About Master of Laws (LLM) Courses

Some of the popular professional avenues open to successful graduates/ postgraduates of the course are listed below with the corresponding salaries offered for the respective positions.

Job Position	Job Description	Average Annual Pay Scale in INR
Legal Expert	Legal Expert play out an assortment of office assignments, including scheduling appointments, answering the phone and dealing with everyday correspondence.	849,753
Assistant Professor	Assistant Professor are responsible to educate students, publish their individual academic effort in scholarly papers or journals, electronic media and books.	420,415
Advocate & Attorney General	Advocates mostly work with civil cases where they read contracts or disputes from another from another group which is likewise spoken to by another attorney general.	458,411
Magistrate	A magistrate is kind of judge who typically serves in a civil court that deals with misdemeanors, traffic violations, small claims cases, Arbitrate, pretrial hearings, adjudicate, advise, or administer justice in a court of law.	720,565
Notary, Oath Commissioner	The duty of a Notary, Oath Commissioner are to witness and administer oaths, authenticate signatures, verify signatures and take affidavits. Notaries public are used by state representing bodies to avoid extortion, prevent fraud and robbery inside public matters.	843,430