Business Law called commercial law or mercantile law, is the body of rules, whether by convention, agreement, or national or international legislation, governing the dealings between persons in commercial matters.
Business law, on national and international levels, is continually evolving with new areas of law developing in relation to consumer protection, competition, computers, and the Internet. This includes employment law, intellectual property law, contracts law, and limited liability.
Business law provides the framework through which businesses are run. The scope of business law can be found in international treaties and domestic regulations. Business law is a broad and highly diverse field, with different sets of laws that apply depending on the type of business or industry.
Business Law Highlights
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Course |
MA Business Laws |
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Eligibility |
Passed 10+2+3 from a recognized board in any of the Commerce or Arts streams with securing a minimum of 45% marks. |
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Examination type |
Either by Entrance Exams or by Merit |
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Job Roles |
Advocate/Lawyer, Law Reporter, Public Prosecutor, Human Resource Manager, Assistant Advisor, Law Officer, Deputy Legal Advisor, Business Consultant, Management Accountant, Attorney General, etc. |
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Average Salary |
INR 3 Lacs to INR 10 Lacs per annum |
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Top Recruiting Companies |
Govt and Privet sector |
Eligibility Criteria for Business Law
1. Canditedet must have passed 10+2+3 or an equivalent degree from a recognized institute/board.
2. The maximum age limit for seeking admission 22 years for the reserved category.
3. There are no specific age limit criteria that candidates need to fulfil in order to apply for course admissions.
4. The age required to be qualified in some of the universities and colleges to take admission in this integrated five-year program, on average, is not more than 20 years for the unreserved category.
Admission Process
1. Offered in India in any undergraduate course.
2. The students have to enrol the candidates have to score a minimum of 45% marks in the class 10+2+3 examination from a recognized board.
3. For admission into the BA LLB course of 5 years, the criteria remain the same. However, there is a relaxation in the marks percentage for reserved category students.
Career after Business Law
Business law plays a vital role in regulating business practices in a country. A business law attorney can help new business owners in determining which business structure would best suit the company’s needs.
The course is one of the highly sought-after courses in today’s time. Along with that law comparatively holds more value. Upon completion of the LLB course, you will get several employment opportunities in the planning, administration, banking, industrial, and management sector along with the judiciary and legal profession.
The jobs offered are from the private as well as public sectors. Those who are always ready to learn are needed for business law since the legal ambience is ever-changing. Detail-oriented people and people who can lead and manage people’s expectations are apt.
Post Graduation in business law can get students jobs in litigation, law firms, government agencies, etc. Businesses are related to everything. The scope of business law is defined only by you. It’s a prestigious course and provides Rs. 5 lahks per annum for a fresher in business law.
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Job Profile |
Description |
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Legal Expert |
Provides legal advice, assists in handling conflicts, drafts legal documents, and maintains records for future correspondence. |
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Law Reporter |
A Journalist who does reports about the law. They also comprehend the legal matter and convey it to the public. |
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Advocate and Attorney General |
They provide legal advice to the state/central government on all legal matters. |
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Magistrate |
Handles small cases like theft, violations and crimes that are considerably small. Reduces the burden of judges. |
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Public Prosecutor |
An officer who helps in the administration of justice. Also helps in finding the facts of the case. He/she has to be unbiased, fair and honest. |
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Law- Assistant Professor |
Develops and implements professional methods to improvise student performance. Guides lead and motivate students. |
