What is Business Law: Course Duration, Admission 2025, Colleges, Salary & Scope

Business law, also referred to as Commercial Law or Corporate Law regulates the rights, relationships, and conduct of businesses and individuals involved in commerce, trade, and sales. Business Law has two different areas of regulation of commercial entities that are done through laws of company, partnership, bankruptcy, and agency, next, the regulation of commercial transactions that are done through the laws of contract. 

To be eligible for Business Law, students need to have a bachelor’s degree in LLB or any discipline with a minimum 55 percent aggregate. To pursue a Business Law course one can go to the top colleges such as NLU Delhi, NALSAR, NUJS, NLSIU, GNLU, etc. Moreover, some of the top entrance exams for Business Law are CLAT, TS PGLCET, LPUNEST, AP PGLCET, etc. 

Business Law Course Details: Highlights

The highlights table provides information about the course types, duration, course fees, and entrance exams for pursuing Business Law.

Candidates can refer to this table for an idea about the average salary offered after completing this course as well as the top recruiters for Business law graduates:

Commonly, universities consider the following eligibility criteria:

An LLB degree from a recognized university.

Business Law Course Relevant Information:

Top 5 reasons why aspirants fail AIBE exam

Business Law Admission Process

Given below are the general steps to enroll in Business Law courses, including:

• Prepare for national Law entrance exams like CLAT (CLAT PG, in case you are trying for LLM) and AILET. Also, ensure you meet the basic eligibility criteria, i.e. a cleared bachelor’s degree in any relevant domain. 
• On qualifying you can check the universities and colleges falling under your exam scores or merit.
• Apply to the colleges of your choice and go through their fee structure.
• Once you get selected for admission, complete the documentation process and submit the fees to begin with the classes.

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

NOTE - This information is taken from the official website of the institute/exam.

Quick links for Business Law Course:

• Top Law Entrance Exams
• What are National Law Universities (NLUs)? Difference between NLUs and Private Law Colleges
• All About NLUs: Courses, Fees, Placements

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

Business Law Topics You Might Be Interested In:

• LLB (Hons) in Business Law 
• LLM in Business and Commercial Law
• LLM International Business Law Syllabus

There are around 82 law colleges that offer courses in Business Law across all levels of education such as UG, PG, and Doctorate. Some colleges also offer short-term diploma courses in Business Law.

For diploma or short-term courses, colleges admit students on the basis of merit. Some of the top government and private colleges are in the list below. 

Law NIRF Ranking 2024

Students interested in pursuing various law courses can consider applying to colleges based on their rankings in the National Institutional Ranking Framework (NIRF) 2024. National Law School of India University (NLSIU), Bengaluru, has maintained its top position in the NIRF Law ranking 2024 for seven consecutive years.

The subsequent table presents colleges ranked according to the NIRF 2024 Law rankings.

Note - This information is gathered from the official site and may vary.

Important Update Related to Law NIRF 2024 Rankings:

Top 10 law colleges in India by NIRF Ranking 2024 

Top Business Law Government College

Few government colleges such as National Law Universities as well as Department of Law across various state and central universities, offer LLM or postgraduate diploma courses in Business Law. These colleges are as follows:

Note - This information is gathered from the official site and may vary.

Top Business Law Private College

Many Private Colleges also offer LLM or Postgraduate Diploma Courses in the field of Business Law. These colleges also invite candidates to pursue PhD in the field of Business Law. Some of the colleges offering LLM in Business Law Courses are as follows:

Note - This information is gathered from the official site and may vary.

The legal ramifications of commercial transactions, contracts, intellectual property, and other areas are all covered by the large discipline of business law. Business attorneys assist companies of all sizes in navigating the legal system and safeguarding their interests. A career in Business Law has a very broad range.

Candidates can take up the following job profiles after completing Business Law:

Note- The above salary has been taken from external sources, and hence may vary.

Business Law Top Recruiters

Almost all companies require Business lawyers as it checks whether all their functioning is being done in a legal manner or not. Also, it deals with mergers, acquisitions, incorporations, and bankruptcies. Some of the top recruiters in this field are:

Candidates who pursue a UG Business Law Course can either opt to pursue a PG Business 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. Law graduates must qualify AIBE exam to practice in a court of law in India.

Some of the commonly asked questions for Business Law are as follows: