LLM

LLM in corporate law need a bachelor's degree in law (LLB) with minimum aggregate of 45 to 55%.

LLM Corporate Law graduate can expect a basic salary of around INR 6-8 lakhs up to INR 25-30 lakhs or above with experience, organisation, and position considered. Hence, with specialisation and required years of experience, the salary package may rise to INR 40 to 50 lakhs or even more.

There are many industries where law graduates can find plenty of LLM Corporate Law job opportunities such as, Law firms, corporate houses, investment banks, consulting firms, and government organizations are major recruiters.

Various LLM in Corporate Law jobs are corporate lawyer, in-house counsel, M&A lawyer, securities lawyer, corporate finance lawyer, and insolvency lawyer are common roles. 

LLM in Corporate Law admission typically includes:

• Clearing an entrance exam: CLAT PG, AILET, LSAT or the test conducted by the respective universities.
• Meeting eligibility criteria: First and foremost, the minimum percentage in LLB degree is required; work experience may be necessary sometimes.
• Application process: Documents that a student needs to provide, the application papers, and entrance examination results.
• Selection process: Sorting by entrance test scores and academic performance with additional tests such as interviews or group discussions occasionally.

Selection criteria for LLM in Corporate Law programs typically include:

• An LLB degree is required, and the candidate should meet a minimum 45-50 percentage.
• Good scores in the national level tests such as CLAT PG, AILET, LSAT or the university specific tests.
• University performance in law and other relevant course units
• Relevant experience required (sometimes preferred)
• Speaking in interviews or group discussions

Although both programs are highly practical and give insights into the functioning of a legal system, the LLM in Corporate Law is aimed to provide more insider knowledge about corporate entities, while the LLM in Business Law seems to be more general, although it also gives a strong perspective on the legal landscape for business. 

Look at the table below to understand the difference:

An LLM in Corporate Law or Master of Laws Corporate Law in is an academic programme with a focus on legal issues affecting companies. It prepares students with the advanced knowledge of company law, securities law, mergers, and acquisitions, corporate governance, and relevant fields.

The main difference is in the fact that a Diploma gives the necessary basis for studying, whereas an LLBprovides more profound and specialised knowledge, thereby resulting in a better job and higher wages. However, the idea about which option is better, depends more on the situation and the desired occupation. 

Check the table below to come to a conclusion:

Important exams include CLAT PG, AILET, LSAT, and various state-level law entrance exams such as TS LAWCET and MHT CET. Some universities also conduct their own entrance tests.