Contract Law: Admission 2025, Fees, Syllabus, Entrance Exam, Top Colleges, Career Scope
Pragati SinghSenior Executive - Content
Contract Law course is a branch of Law that deals with agreements between parties that are legally enforceable. Contract law is the essential foundation for commercial activity in India. It governs agreements between parties, outlining their rights and obligations, and enforcing them if necessary. Contract Law plays a significant role in India's growing economy. The Indian Contract Act, 1872, is the primary legislation governing this field. Understanding contract law empowers individuals and businesses to negotiate better agreements, protect their interests, and enforce their rights.
Contract law is a basic requirement of legal writing. This course is available in undergraduate and postgraduate law degrees, such as Bachelor of Laws (LLB) and Master of Laws (LLM). Regardless of any legal specialisation, a strong understanding of Contract Law is crucial for any legal professional.
For Contract Law eligibility, you need to complete Class 12 (10+2) and qualify for entrance tests For PG courses, a recognized LLB degree is required. After completing your LLB, you can specialize in contract law by pursuing an LLM degree with a focus on Contract Law.
Currently, there is only one college that provides Contract Courses in India i.e.Government Institute of Forensic Science. Accepted Contract Law exams are Maharshtra HSC and CBSE 12th, and there is no requirement for an entrance exam for the Contract Law course.
Contracts work as documented proofs when either party involved refuses to fulfill its written legal obligation or when there is some other legal dispute over the legal obligation. With thousands of contract-related legal disputes lying in the courts of law, pursuing a course in Contract Law is a good option for students. It is a part of every law specialisation in India, be it IPR, Family law, Civil law, Criminal law, Commercial law, Corporate law, etc.
- Contract Law Course Details: Highlights
- What is the scope of Contract Law?
- 2.1 What are the objectives of learning the Contract Law?
- Contract Law Eligibility Criteria
- Contract Law Admission Process
- Top Contract Law Entrance Exams 2025
- Contract Law Subjects & Syllabus
- 6.1 Contract Law Information You Might Be Interested In:
- 6.2 Contract Law Courses
- Best Contract Law Colleges
- Contract Law Career Scope and Job Profiles
- 8.1 Contract Law Top Law Recruiters
- Contract Law FAQs
Contract Law Course Details: Highlights
| Particulars | Details |
|---|---|
| Course Name | PG Diploma in Contract Law |
| Course Level | Post Graduate Diploma |
| Course Type | Full Time |
| Entrance Exam | Maharshtra HSC and CBSE 12th. |
| Admission Process | Entrance Exam Based |
| Top Colleges | Government Institute of Forensic Science |
NOTE: This information is sourced from official website and may vary.
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What is the scope of Contract Law?
The scope of Contract Law in India is broad and encompasses the entire lifecycle of agreements between parties. Here's a breakdown of its key areas:
-
Formation of Contracts: This involves the legal requirements for a valid contract, including offer and acceptance, consideration (exchange of value), capacity to contract (age, mental state), and legality of purpose.
-
Performance of Contracts: Contract Law defines the obligations of each party and what constitutes proper performance. It also addresses issues like time of performance, impossibility of performance, and discharge of contracts.
-
Breach of Contract: When a party fails to fulfill their contractual obligations, contract law provides remedies for the non-breaching party. This can include damages (monetary compensation), specific performance (forcing the other party to fulfill the contract), or termination of the contract.
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What are the objectives of learning the Contract Law?
The objectives of learning contract law can vary and depend on the individual who is interested to pursue it. However, one can take the below-given objects as the generic objectives related to pursuing a Contract Law :
-
Gain a comprehensive understanding of the fundamental principles of contract law, including offer, acceptance, consideration, capacity, legality, and mutual assent.
-
Develop the ability to analyze and interpret contracts, identify potential legal issues, and draft clear and enforceable contracts.
-
Understand the various remedies available to parties in breach of contract, including damages, specific performance, and rescission.
-
Gain familiarity with the different types of contracts, such as sales contracts, employment contracts, and construction contracts.
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Q: What is Contract Law all about?
Q: Why do we study Contract Law?
Contract Law is one of the most important legal concepts in the world of business. Contracts are the ones that determine everything from hiring to how companies work together to how sales are made. The problem is that while contract law is dense and complex, it's also fundamental to contract management.
Hence, we need to study contract law to understand various roles and responsibility.
Contract Law Eligibility Criteria
To be eligible to enter into a contract, a person must be of legal age, have a sound mind, and understand the consequences of their actions The basic eligibility that candidates should fulfill to pursue Contract Law at the PG level include:
| Course | Eligibility Criteria |
|---|---|
| PG Diploma |
|
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Q: Which is the best book for Contract Law?
Choosing the best contract law book can be subjective and depends on your level of experience, learning style, and specific interests within contract law.
But still, here are three highly regarded options, each with its own strengths:
- R.K. Bangia's Law of Contract for beginners
- Avtar Singh's Law of Contract & Specific Relief for a contemporary and practical approach
- Pollock & Mulla on Indian Contract and Specific Relief Acts for intermediate to advanced learners
Q: How is Contract Law related to CA and CS courses?
Contract Law includes various paperwork related to agreements and contracts a company or firm makes with other stakeholders. It is an essential ingredient of finance and accountancy, therefore, it is directly related to Chartered Accountancy. Hence, the course curriculum of both courses includes Company Secretary and Chartered Accountancy including Contract Law and other allied laws as mandatory subjects. It is a part of the important company related legislation that every CA and CS aspirant must be thorough with. Hence it is an indispensable part of the curriculum.
Contract Law Admission Process
The admission process for Contract Law programs in India can vary depending on the specific course and institution. However, here are some general steps involved:
- Online Application: Most applications are submitted online through the official website of the chosen institution.
- Application Fee: A non-refundable application fee is usually required.
- Academic Records: You'll need to submit copies of your academic transcripts and degree certificates.
- Entrance Exam Scores: If applicable, submit your entrance exam scores.
- Statement of Purpose (SOP): Write a compelling SOP explaining your interest in Contract Law and your career goals.
- Letters of Recommendation (LORs): Obtain LORs from professors or legal professionals who can vouch for your academic abilities and potential.
- Personal Interview: Some institutions may conduct a personal interview to assess your suitability for the program.
Q: What are the functions of Contract Law?
The main functions of the Contract Law are the following stated below :
- Resolving disputes
- Facilitating commerce
- Encouraging fair dealing
- Establishing a legal framework
- Acceptance
- Consideration
- Consent
- Capacity to Contract
- Intention to create legal relation
Q: What is the method of acceptance in Contract Law?
The method of acceptance in Contract Law can be expressively stated in writing or verbally or implied through action or conduct. In order for acceptance to be reasonable, certain conditions must be met. These are mutual assent, adequate consideration in a contract, capacity, and legality.
Top Contract Law Entrance Exams 2025
For admission to a Contract Law degree course, candidates can appear for different national-, state- or college-level entrance exams. Some of the popular Law entrance exams that candidates can consider appearing for include:
| Entrance Exams |
Exam Dates |
Exam Schedule |
|---|---|---|
| SLS AIAT 2025 |
LLB: 15 May '24 LLM: 15 Dec '24 (Closed for 2025) |
|
| CLAT 2025 |
1 Dec '24 (Closed for 2025) |
|
| AILET 2025 |
08 Dec '24 (Closed for 2025) |
|
| AIBE 19 |
22 Dec '24 (Closed for 2025) |
Note- This information is sourced from the official website of the institute/exam.
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Top law entrance exams in India - Dates, Application, Exam Modalities
28 Dec ' 24 | AIBE 19 Answer Key Date |
22 Dec ' 24 | AIBE 19 exam date 2024 |
To Be Notified: | CLAT Fourth Allotment List 2025 |
To Be Notified: | CLAT Fourth Allotment List 2025 Fee Submission |
27 Dec ' 24 - 13 Feb ' 25 | MH CET Law 2025 Application (for 3-year LLB) |
To Be Notified: | MH CET Law 2025 Admit Card (3-Year LLB) |
To Be Notified: | TS LAWCET Registration 2025 (without a late fee) |
To Be Notified: | TS LAWCET Registration 2025 (with a late fee of ... |
Q: What are the various entrance exams to pursue Contract Law course?
Below are some of the common law exams:
Entrance Exams | Exam Dates | Exam Schedule |
|---|---|---|
1 Dec '24 | ||
January Exam- Jan '25 (Tentative) May Exam- May '25 (Tentative) | ||
08 Dec '24 | ||
Dec '24 (Tentative) |
NOTE: This information is sourced from the official website of the institute/exam.
Contract Law Subjects & Syllabus
In a Contract Law course, students get to learn common concepts around:
- How a valid contract is created?
- What are the different kinds of contracts?
- What are void and contingent contracts?
- Which vitiating factors affect contracts?
- Actions that lead to a breach of contract?
The Law of Contract syllabus in different colleges and universities include subjects such as:
| Contract Law Syllabus/Subjects |
||
|---|---|---|
| Definitions of Agreement, Contract |
Rationale and Elements of Contracts |
Essentials of a Valid Offer & Acceptance |
| Privity of Contract & its Exceptions |
Acceptance: Definition, Communication, Revocation |
Exceptions to the Rule that Agreement without Consideration is Void |
| Minor’s Liability for Necessaries |
Coercion |
Fraud |
| Lawful Consideration & Object |
Void Agreements |
Agreements in Restraint of Marriage |
| Unlawful Agreements |
Contingent Contracts |
Discharge by Breach of Contract |
| Quasi Contract |
Agreements in Restraint of Trade |
Discharge by Impossibility of Performance |
| Remedies for Breach of Contract |
Legality of Object |
Discharge of Contract |
| Factors Vitiating Consent |
Capacity to Contract |
Intention to Create Legal Relationship/Obligations |
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Contract Law Courses
Candidates can pursue Contract Law at the undergraduate or postgraduate level by choosing it as their specialisation. Candidates can pursue the course as a degree, diploma or certificate programme. The course is offered in both offline (classroom-based) and online modes. Popular Contract Law courses that candidates can pursue include:
- Diploma/PG Diploma
- Certificate
Q: What is taught in a Contract Law course?
In a Contract Law course, students are taught various subjects related to contracts such as:
- Definitions of Agreement and Contract
- Essentials of a Valid Offer & Acceptance
- Contract Acceptance: Definition, Communication, Revocation
- Fraud
- Discharge of Contract
Q: How many types of Contract Law are there?
Some of the types of Contract Law are valid contracts, voidable contracts, agreements or void contracts, illegal contracts, and enforceable contracts. And based on the formation, the types of contracts are express contracts, quasi-contract, implied contracts, and E-contract.
Best Contract Law Colleges
There is only one college for Contract Law course as per the record, which is mentioned below in the table:
| Government Colleges | Course Fees |
|---|---|
| Government Institute of Forensic Science | NA |
Q: What are the popular private colleges to pursue Contract Law courses?
There is only one college that provides a Contract Law course, which is a government college, i.e. Government Institute of Forensic Science.
Moreover, there are career paths majorly in business sector where a contract law graduate can go forward.
Q: Which law school is the best for Contract Law?
Currently, there is only one college that provides Contract Courses in India i.e. Government Institute of Forensic Science. Moreover, you can consider pursuing Diploma or certificate courses for Contract Law courses.
Popular Private Contract Law Colleges in India
Contract Law Career Scope and Job Profiles
Law graduates must qualify AIBE exam to practice in a court of law in India. After completing a course in Contract Law, candidates can work in different job profiles such as:
| Job Profile | Job Description |
Average Salary
|
|---|---|---|
| Contract Lawyer | Draft, review, and negotiate contracts on behalf of clients |
INR 50,000 - 1,00,000
|
| Contract Manager | Oversees the entire contract lifecycle, from negotiation to execution |
INR 60,000 - 1,20,000
|
| Contract Specialist | Drafts and reviews contracts, ensuring compliance with legal and regulatory requirements | INR 40,000 - 80,000 |
| In-House Counsel | Provides legal advice to a company's management and employees |
INR 70,000 - 2,00,000
|
| Legal Consultant | Provides expert legal advice to companies on contract-related matters |
INR 60,000 - 1,50,000
|
| Professor of Contract Law | Teaches contract law at universities and law schools |
INR 50,000 - 1,00,000
|
Contract Law Top Law Recruiters
Salaries earned by law graduates typically vary on the law specialisation they choose along with the company they join. After completing a law course aspirants can work as an understudy with lawyers or even join a corporate company. Know the top law companies in India here.
Law graduates must qualify AIBE exam to practice in a court of law in India.
The top law companies that are known to hire law graduates are listed below:
| Top Contract Law Recruiters | |
|---|---|
| Amarchand & Mangaldas & Suresh A Shroff & Co. |
S&R Associates |
| AZB & Partners |
Economic Laws Practice |
| Khaitan & CO |
Desai & Diwanji |
| J Sagar Associates |
Trilegal |
Read More: Career in Law
Q: Is Contract Law field a good career?
Yes, since contract-related matters require continuous legal representation, a career in Contract Law is sound. According to a recruitment website, the average salary of a Contract Lawyer in India is around INR 59,000 per month. Candidates may take up their job immediately in either litigation or academics after finishing Contract Law. They can also work as Contract Lawyers, Contract Attorneys, or Contract Specialists in the top LPOs.
Therefore, a sound knowledge of contract law is essential for candidates who wish to make a career in the field of Contract Drafting and Negotiations.
Q: Can I become a Contract lawyer after completing LLB?
Yes, you can become a Contracts lawyer after completing LLB if you had chosen Contract Law as a specialisation during the course. Else, it is advisable to also obtain an LLM degree before applying for the job. Candidates who have specialised in LLM are given preference especially for academic roles since post-graduation is an important criteria for a career in academics. Many legal process outsourcing companies hire LLB or BA LLB graduates for the role of Contract Analysts or Legal Associates who look after the drafting and editing of contracts and agreements.
Q: What is the salary of contract lawyer in India?
The salary of a Contracts Lawyer in India can range between INR 0.2 Lacs to INR 25 Lakhs for 1 year of experience to 11 years of experience . The salary figure is taken from external sources, and hence may vary.
Q: What are duties in Contract Law?
Contractual obligations are the norms that everyone commit to when they sign a contract. The most common types of contractual responsibilities include timelines, delivery, performance obligations, payment terms, penalties, termination terms, non-compete and non-disclosure obligations.
Contract Law FAQs
Following are some of the FAQs for Contract Law courses:
Q: What is offer and acceptance in Contract Law?
The offer and acceptance are fundamental and essential prerequisites of formation in the law of contracts. An offer is the act of the offeror to do something to the offered; that is, to another party, known as the offeree, to enter into a legally enforceable agreement. Acceptance is the act whereby the offeree accepts the terms of an offer without any amendment or addition.
Q: What is the difference between Contract Law and Property Law?
Hi,
Both Contract Law and Property Law concern people and things. However, they differ in the focuses and their purposes:
| Feature | Contract Law | Property Law |
|---|---|---|
| Focus | Agreements between parties | Ownership and relationships to things |
| Key concepts | Offer, acceptance, consideration, capacity, legality, discharge, remedies | Ownership, possession, transfer, easements, liens, mortgages, landlord-tenant relationships |
| Function | Enforce agreements and provide remedies for breach | Define ownership rights and regulate relationships to things |
| Example | Contract to buy a car | Inheriting a house |
Popular Contract Law PG Courses
PG Courses
- PG Diploma
1 College
News & Updates
Student Forum
Anything you would want to ask experts?Answered 2 weeks ago
The method of acceptance in Contract Law can be expressively stated in writing or verbally or implied through action or conduct. In order for acceptance to be reasonable, certain conditions must be met. These are mutual assent, adequate consideration in a contract, capacity, and legality.
N
Beginner-Level 5
Answered 2 weeks ago
Contractual obligations are the norms that everyone commit to when they sign a contract. The most common types of contractual responsibilities include timelines, delivery, performance obligations, payment terms, penalties, termination terms, non-compete and non-disclosure obligations.
K
Beginner-Level 5
Answered 2 weeks ago
Contract Law is one of the most important legal concepts in the world of business. Contracts are the ones that determine everything from hiring to how companies work together to how sales are made. The problem is that while contract law is dense and complex, it's also fundamental to contract managem
N
Beginner-Level 5
Answered 2 weeks ago
Some of the types of Contract Law are valid contracts, voidable contracts, agreements or void contracts, illegal contracts, and enforceable contracts. And based on the formation, the types of contracts are express contracts, quasi-contract, implied contracts, and E-contract.
P
Contributor-Level 10
Answered 2 weeks ago
Currently, there is only one college that provides Contract Courses in India i.e. Government Institute of Forensic Science. Moreover, you can consider pursuing Diploma or certificate courses for Contract Law courses.
V
Beginner-Level 5
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A Contract Law is a law that relates to making and enforcing agreements between two or more parties. Contract law deals with issues such as the essentials of a valid contract, eligibility to form a contract, void and voidable contracts, voidable agreements, quasi-contracts, etc. In fact, important Acts such as the Sale of Goods Act and Partnership Act are also based on the concepts of Contract Law. The Indian Contract Act also deals with contracts of bailment, pledge, agency and indemnity.