Post Graduate Diploma in Corporate Law is a 2-year course designed for aspirants interested in learning about how business activities are conducted within an organization in a legal way. The course focuses on various laws related to business and banking and the application of legal environment on business operations.
The entire course is divided into four semesters of six months each, and the basic qualification required to pursue the course, is to have a graduation degree in a relevant discipline from a well-recognized university or institute. Admission is provided to eligible candidates on the basis of their performance in the last qualifying exam and a relevant entrance tests like:
- CLAT PG
- AILET PG
- ILI CAT
- IPU CET
In India, the average tuition fee for the course ranges somewhere between INR 50K and 2 lacs. Some of the top colleges offering the course are:
- Indian Law Institute (ILI)
- Symbiosis Law School (SLS)
- Banaras Hindu University (BHU)
- Gujarat National Law University (GNLU)
After successfully completing the course, one can find great job opportunities in various government and private organizations, MNCs, Public Interest Organizations, Military Services, Non-Profit Legal Services, Judiciary, etc. where they can expect an initial average salary ranging between INR 3 lacs and 8 lacs, depending upon his/her expertise in the field.
PGDCL: Course Highlights
Some of the major highlights of the course are tabulated below:
|Course Level||Post Graduate (Diploma)|
|Basic Eligibility Criteria||Bachelor’s degree in a relevant discipline|
|Admission Process||Counseling based on performance in qualifying exam and an entrance exam.|
|Examination Type||Semester System|
|Total Course Fee||INR 50K to 2 Lac|
|Top Recruiting Areas/Fields||Multi National Companies (MNCs), Public Interest Organizations, Military Services, Non-Profit Legal Services, The Judiciary, etc.|
|Job Positions||Corporate Lawyer, Lecturer, Professor, Audit Manager, Legal Counsel, Corporate Events Associate, Administration and Finance Head, Contracts and Commercial Manager, etc. |
|Average Starting Salary||INR 2 to 8 Lacs|
|Major Entrance Exam||CLAT, AILET, ILI CAT, IPU CET etc.|
PGDCL: What is it about?
Corporate Law is a specialized branch of law that includes the study of law of corporations or companies. It provides a specialization in the wide range of business & corporate legislations that are useful in handling the business operations and decisions in a legal way.
Candidates interested in learning more about the discipline can opt for further higher degree courses like Ph. D., M. Phil., etc.
The course equips candidates with an in-depth knowledge about various business and corporate legislations and how to integrate law into strategic business policies, solve complex business problems, and protect and leverage the company’s resources. It involves a detailed study of all matters within the corporate sectors, from the birth of companies to their dissolution and issues related to floatation of companies, corporate restructuring, and corporate governance, among others.
One of the major objectives of the program is to produce professionals who are highly efficient and have the ability to successfully operate in and deal with new challenges in the corporate world and also pursue higher degree studies in the discipline.
PGDCL: Top Institutes
There are a large number of colleges and institutes offering a post graduation diploma degree in Corporate Law. Mentioned below are the names of some top colleges, which are considered to be the best for the pursuance of the course, along with their corresponding location (city) and fee charged by each (annually).
|College Name||City||Average Annual Fee in INR|
|Banaras Hindu University, Faculty of Law||Varanasi||90,470|
|Gujarat National Law University (GNLU)||Gandhinagar||85,000|
|ILS Law College||Pune||40,250|
|Nalsar University of Law||Hyderabad||25,000|
|Symbiosis Law School (SLS)||Pune||20,000|
|Dr. Ambedkar College of Law||Mumbai||25,950|
|Indian Maritime University||Kochi||-|
|Indian Centre for Advancement of Research and Education||Kolkata||55,000|
|National Distance Learning Resource Centre for IPR, IGNOU||Kochi||50,000|
|Asian School of Cyber Laws||Panaji||10,000|
|Indian Law Institute (ILI)||New Delhi||94,500|
|National Distance Learning Resource Centre for IPR, IGNOU||New Delhi||49,000|
|National University of Advanced Legal Studies (NUALS)||Kerala||-|
|Government Law College||Mumbai||14,990|
|National Distance Learning Resource Centre for IPR, IGNOU||Hyderabad||50,000|
|Bharati Vidyapeeth’s New Law College||Pune||-|
|Annamalai University||Tamil Nadu||5,000|
Eligibility for PGDCL
All candidates aspiring to pursue a post graduate diploma degree in Corporate Law are first required to satisfy all the below mentioned criteria, in order to be eligible to apply for the course.
- Bachelor’s degree in L.L.B. or any other equivalent qualification from a recognized university
- A minimum aggregate score of 50% at the level of graduation
- Minimum 12 months work experience is preferred
All SC/ST candidates are given a relaxation of 5% under the minimum aggregate section.
|Top Corporate Law Colleges In Maharashtra ||Top Corporate Law Colleges In Delhi||Top Corporate Law Colleges In Uttar Pradesh||Top Corporate Law Colleges In Gujarat|
PGDCL: Admission Process
Generally, most of the institutes and colleges providing the course admit students based on their accomplishment in senior and higher secondary examinations (10th & 12th) and the last qualifying examination.
However, there are some reputed institutes that conduct an entrance examination and a subsequent personal interview round to examine candidate’s general aptitude and knowledge for the course.
Based on the student’s performance in all these rounds, a merit list is then issued by each institute announcing the names of selected candidates.
Also, candidates who have appeared or are appearing for a degree examination or those awaiting their final year examination’s result are also eligible to apply. But, admission to such candidates will be given provisionally, until they satisfy all the mentioned criteria.
Some of the entrance examinations conducted in the country are listed as follows:
- CLAT PG (Common Law Post Graduate Entrance Test)
- AILET PG (All India Law Entrance Test)
- ILI CAT (Indian Law Institute Common Admission Test)
- IPU CET (Indraprastha University Common Entrance Test)
- SLS (Symbiosis Law School) Entrance Test
PGDCL: Syllabus & Course Description
Classified below is the semester-wise breakup of the course’s curriculum.
|Semester 1||Semester 2|
|Laws of Contract||International Economic Law|
|Corporate Law||Financial Models and Derivatives in a Legal Context|
|Company Law||Banking and Finance Law|
|Semester 3||Semester 4|
|Regulation of International Finance: The Law, The Economics, The Politics||Commercial Banking and Financial Markets|
|Corporate Finance Law||Corporate Restructure Law|
|Comparative and International Trust Law||Corporate Social Responsibilities and the Law|
|Dispute Resolution Law||Laws related to Banking|
PGDCL: Who should opt?
Candidates aspiring to pursue a career in Corporate Law would ideally possess a genuine interest in the corporate field and a sharp mind and sound understanding of fundamental concepts of economics and finance and how they influence the corporate sector. They should be quick in solving complex problems and should also have the ability to unravel legal complexities.
One must have good communication and writing skills, as the line of work requires them to deal with a number of clients. Also, they should have an analytical mind and a good knowledge to analyze every situation and take the best decision.
Also, those who are interested in pursuing higher degree courses or a teaching career in the discipline are also a good suit for the course, as it sets a good base.
PGDCL: Career Prospects
Corporate Law professionals are in great demand all over the world due to increasing competition in the corporate sector. Almost every company needs a professional to handle legal decisions and provide guidelines to ensure that the business is conducted within the legal limits. Therefore, it is a strong and versatile career option which has all the traits to make it an excellent career option.
Candidates after completing the course successfully can either work for an organization or can provide service to one or more organizations. They can find a job in various areas like MNCs, Government Organizations, The Judiciary, Military Services, etc. where they can earn a monthly salary ranging between INR 15,000 and 50,000 depending upon the type of organization, which will gradually increase with time, experience and expertise in the field.
Also, one can opt for a teaching career in law schools and institutes, or can pursue further higher degree courses in the discipline like Ph. D. (Doctorate of Philosophy), M. Phil. (Master of Philosophy) etc. for better job position and salary packages.
Some of the popular professional avenues open to such postgraduates are listed below along with the basic job responsibilities and salary associated to each one of them:
|Job Profile||Job Description||Average Annual Salary|
|Corporate Lawyer||A Corporate Lawyer researches and writes memos, drafts contract, prepare filings for State and central agencies, and provides guidelines.||INR 3 Lac to 7 Lac|
|Corporate Events Associate||A Corporate Event Associate plans and executes corporate events within the company and their brands and the community and also serve as liaison between staff, customers and vendors.||INR 2.5 Lac to 5 Lac|
|Lecturer/Professor||A professor/lecturer teaches and motivates students and keeps up with current research activities in their areas of expertise.||INR 4 Lac to 7 Lac|
|Legal Counsel||A Legal Counsel advises employees and businesses in and out of the courtroom on a variety of legal matters.||INR 3 Lac to 6 Lac|
|Audit Manager||An Audit Manager organizes and oversees internal audits in accordance with the annual audit plan, and often manages a team of auditors.||INR 2 Lac to 5 Lac|