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Mohit Dhulia
The Post Graduate Diploma in Corporate Law (PGDCL) is a two-year programme for those interested in learning how to undertake legal business activities within an organisation. The course covers a variety of business and banking rules, as well as how to apply the legal environment to corporate operations.
The course is divided into four six-month semesters, with a graduation degree in a relevant discipline from a well-recognized university or institute serving as the minimum requirement for enrollment. Eligible candidates are admitted based on their performance in the previous qualifying exam and applicable entrance tests such as:
The typical tuition expense for the course in India is between INR 50K and INR 2 lacs. The following are some of the top colleges that offer the programme:
After successfully completing the course, one can expect to find excellent job opportunities in a variety of government and private organisations, MNCs, Public Interest Organizations, Military Services, Non-Profit Legal Services, Judiciary, and other areas, with an initial average salary ranging between INR 3 lacs and INR 8 lacs, depending on his or her expertise in the field.
The following are some of the course’s significant highlights:
| Course Level | Post Graduate (Diploma) |
| Duration | Two Years |
| Basic Eligibility Criteria | Bachelor’s degree in a relevant discipline |
| Admission Process | Counselling is based on performance in qualifying exams 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. |
Corporate law is a specialist subject of law that deals with the law governing corporations and businesses. It offers specialisation in a wide variety of business and corporate laws that are useful in conducting legal business operations and making legal choices.
Candidates who want to learn more about the discipline can pursue higher degree programmes such as Ph. D., M. Phil., and so on.
Candidates will gain a thorough understanding of numerous business and corporate laws, as well as how to incorporate law into strategic business strategies, solve complicated business problems, and protect and leverage a company’s resources.
It entails a thorough examination of all aspects of the corporate sector, from company formation to dissolution, as well as concerns such as company flotation, corporate restructuring, and corporate governance, among others. One of the program’s main goals is to generate highly efficient professionals who can successfully function in and cope with new difficulties in the business sector while simultaneously pursuing higher degree studies in the discipline.
There are numerous institutions and institutes that provide a post-graduate diploma in Corporate Law. The names of some top universities that are considered to be the best for pursuing the course, as well as their related location (city) and fee levied by each, are listed below (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 |
To be eligible to apply for the course, all candidates interested in pursuing a postgraduate diploma in Corporate Law must first meet all of the criteria listed below.
Students are enrolled in most degree-granting institutes and colleges based on their performance in senior and higher secondary school (10th and 12th grades) as well as their most recent qualifying examination.
Some renowned universities, on the other hand, conduct an admissions exam followed by a personal interview to assess a candidate’s general aptitude and comprehension of the course.
Based on the student’s success in all of these phases, each institute subsequently publishes a merit list with the names of selected applicants.
Candidates who have completed or are completing a degree examination or who are awaiting the results of their final year examination are also eligible to apply. Such candidates will, however, be allowed on a provisional basis until they meet all of the aforementioned requirements.
The following is a list of some of the country’s admission examinations:
The semester-by-semester breakdown of the course’s curriculum is listed below.
| 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 |
Candidates interested in pursuing a career in corporate law should have a genuine interest in the topic, as well as a sharp intellect and solid comprehension of basic economics and finance ideas and how they affect the corporate sector. They should be able to solve difficult problems quickly while also being able to decipher legal complexity.
Because the line of work demands them to deal with a variety of clients, they must have excellent communication and writing abilities. They should also have an analytical mind and a broad knowledge base in order to examine any situation and make the best conclusion possible.
Those who want to pursue higher education or a job as a teacher in the discipline are also a suitable fit for the course.
Candidates interested in pursuing a career in corporate law should have a genuine interest in the topic, as well as a sharp intellect and solid comprehension of basic economics and finance ideas and how they affect the corporate sector. They should be able to solve difficult problems quickly while also being able to decipher legal complexity.
Because the line of work demands them to deal with a variety of clients, they must have excellent communication and writing abilities. They should also have an analytical mind and a broad knowledge base in order to examine any situation and make the best conclusion possible.
Those who want to pursue higher education or a job as a teacher in the discipline are also a suitable fit for the course. which will gradually increase with time, experience and expertise in the field.
One can also pursue a teaching career at legal schools and institutes, or further higher degree courses in the topic, such as a Ph. D. (Doctorate of Philosophy), M. Phil. (Master of Philosophy), and so on, for better work opportunities and pay packages.
The following are some of the most common career paths offered to such postgraduates, along with the fundamental work tasks and salaries associated with each one:
| 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 serves as a 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 |
Ans. Candidates who complete the PGDCL programme can expect to earn between Rs. 3 and 5 LPA as a beginning salary. As the candidate obtains more experience and progresses to a senior level, the pay scale rises.
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