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BCOM-HONS in Business Law at Delhi College of Arts and Commerce
Delhi, Delhi
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About the Specialization
What is Business Law at Delhi College of Arts and Commerce Delhi?
This B.Com Hons program at Delhi College of Arts and Commerce with a focus on Business Law equips students with a robust understanding of legal frameworks governing commerce in India. It delves into critical aspects of commercial law, corporate governance, and tax regulations, preparing graduates for the dynamic Indian business landscape. The curriculum is designed to provide comprehensive legal knowledge essential for various business roles, meeting industry demands for legally astute professionals.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into corporate legal departments, compliance roles, or financial advisory services within India. It also benefits aspiring entrepreneurs who need a strong legal foundation for business operations. Students with a keen interest in commercial regulations, corporate ethics, and tax laws will find this program particularly rewarding, providing a competitive edge in the job market.
Why Choose This Course?
Graduates of this program can expect promising career paths in areas like corporate compliance, legal consultancy, taxation, and auditing, within Indian and multinational companies operating in India. Entry-level salaries typically range from INR 3.5-6 Lakhs per annum, with significant growth potential for experienced professionals. The program also aligns with foundational knowledge required for professional certifications like CS, CA, and legal advisory roles.
Student Success Practices
Foundation Stage
Master Core Business Laws- (Semester 1-2)
Dedicate significant time to thoroughly understand the Indian Contract Act, Sale of Goods Act, and Negotiable Instruments Act. Create flowcharts and case summaries to simplify complex legal provisions. Participate in college-level legal debates or quiz competitions to solidify understanding and develop analytical skills.
Tools & Resources
Bare Acts (official legal texts), Indian Kanoon website for case laws, Textbooks by Avtar Singh, P.P.S. Gogna, Study groups
Career Connection
A strong foundation in these core laws is crucial for all business roles, especially in compliance, legal support, and management, enhancing employability in various Indian industries.
Develop Strong Research and Communication Skills- (Semester 1-2)
Actively engage in legal research for term papers and presentations. Practice drafting business contracts or legal summaries. Join the college''''s debate or public speaking society to enhance verbal communication and critical thinking, vital for legal and corporate careers.
Tools & Resources
LexisNexis Academic (if accessible through DU library), Manupatra (if institutional access), Microsoft Office suite, Grammarly
Career Connection
Effective legal research and communication are highly valued skills for corporate legal departments, law firms, and even general management roles, directly impacting professional success and promotion in India.
Network and Seek Mentorship- (Semester 1-2)
Attend webinars and seminars organized by the college or legal professionals. Connect with seniors, alumni, and faculty members who have experience in business law. Seek guidance on career paths, internship opportunities, and academic challenges to gain insights into the Indian legal and corporate sectors.
Tools & Resources
LinkedIn, College alumni network, Faculty office hours, Industry events
Career Connection
Early networking builds valuable professional relationships, opening doors to internships and job opportunities in Indian companies and legal practices, crucial for career progression.
Intermediate Stage
Pursue Law-Focused Internships- (Semester 3-5)
Actively seek internships at corporate legal departments, law firms specializing in commercial law, or compliance divisions of Indian companies. Focus on gaining practical experience in contract review, legal due diligence, and regulatory compliance. Even a short-term internship provides invaluable real-world exposure.
Tools & Resources
Internshala, LawSikho, Company career pages, Naukri.com
Career Connection
Practical experience is key for placements. Internships provide a competitive edge, helping students understand corporate legal environments and build a strong resume for roles in India''''s legal and compliance sectors.
Excel in Corporate and Tax Laws- (Semester 3-5)
Pay special attention to Corporate Laws (Companies Act) and Income-Tax Law. Solve practical problems and analyze recent amendments. Consider taking online certification courses in GST or other relevant tax laws to enhance specialized knowledge in these high-demand areas in India.
Tools & Resources
ICAI study material (for conceptual clarity), Taxmann publications, Online courses from platforms like Udemy/Coursera on Indian tax laws
Career Connection
Proficiency in corporate and tax laws is highly sought after by accounting firms, tax consultants, and corporate finance departments in India, leading to lucrative career options.
Participate in Legal & Business Case Competitions- (Semester 3-5)
Join teams for moot court competitions, business law quizzes, or corporate case study challenges. This hones legal reasoning, problem-solving, and teamwork skills. These competitions often attract industry judges and provide excellent networking opportunities with legal professionals.
Tools & Resources
Moot court societies, Inter-college competition platforms, Case study repositories
Career Connection
Winning or even participating in such competitions demonstrates initiative, analytical capability, and practical application of legal knowledge, which are highly regarded by recruiters for corporate and legal roles in India.
Advanced Stage
Undertake a Research Project on a Niche Law Area- (Semester 6-8)
Choose a specific area of business law, like intellectual property rights, competition law, or data privacy law, for a major project. This allows for in-depth study and positions the student as a subject matter enthusiast, particularly beneficial if aiming for specialized legal roles.
Tools & Resources
JSTOR, Google Scholar, Legal journals (e.g., SCC Online, AIR), Faculty advisors
Career Connection
A well-executed research project demonstrates expertise and research capabilities, crucial for advanced roles in legal advisory, policy analysis, or even higher studies in law in India or abroad.
Prepare for Professional Certifications & Placements- (Semester 6-8)
Start preparing for relevant professional exams like Company Secretary (CS) or consider pursuing an LLB after graduation for legal practice. Focus on honing interview skills, resume building, and participate in mock interviews and group discussions tailored for corporate and legal sector placements.
Tools & Resources
Placement cell workshops, Career guidance services, Online interview preparation platforms, ICSI/ICAI study material
Career Connection
Early preparation for professional certifications and targeted placement activities significantly increases the chances of securing desirable job roles in top Indian corporations, law firms, and regulatory bodies.
Build a Professional Portfolio and Personal Brand- (Semester 6-8)
Document all internships, projects, competition achievements, and certifications. Create a professional LinkedIn profile, connect with industry leaders, and contribute to discussions on business law topics. This builds a personal brand that showcases expertise and readiness for the legal and business world.
Tools & Resources
LinkedIn, Personal website/blog (optional), Online portfolio tools
Career Connection
A strong professional portfolio and online presence enhance visibility among recruiters and industry professionals, leading to better opportunities for internships, jobs, and networking within the Indian market.
Program Structure and Curriculum
Eligibility:
- Passed 10+2 examination or equivalent from a recognized board, typically with Commerce stream or relevant subjects, with a minimum aggregate percentage as specified by University of Delhi for B.Com Hons.
Duration: 4 years (8 semesters)
Credits: 160 Credits
Assessment: Internal: 25% (typically for theory papers), External: 75% (typically for theory papers - End Semester Examination)
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| GE-1 | Generic Elective I (e.g., Principles of Microeconomics) | Generic Elective | 4 | Demand and Supply Analysis, Consumer Behavior, Production and Costs, Market Structures, National Income Accounting |
| CC-1 | Financial Accounting | Core Course | 4 | Accounting Principles and Standards, Recording Business Transactions, Preparation of Final Accounts, Depreciation and Inventory Valuation, Partnership Accounts |
| CC-2 | Business Organization and Management | Core Course | 4 | Nature and Scope of Business, Forms of Business Organizations, Planning and Decision Making, Organizing and Staffing, Directing and Controlling |
| AEC | Ability Enhancement Compulsory Course (e.g., Environmental Science) | Ability Enhancement Compulsory Course | 4 | Ecosystems and Biodiversity, Environmental Pollution, Natural Resources, Environmental Ethics, Sustainable Development |
| VAC-1 | Value Addition Course I (e.g., Constitutional Values and Fundamental Duties) | Value Addition Course | 2 | Indian Constitution Principles, Fundamental Rights, Fundamental Duties, Directive Principles of State Policy, Values in Public Life |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| GE-2 | Generic Elective II (e.g., Data Science for Business) | Generic Elective | 4 | Introduction to Data Science, Data Collection and Cleaning, Exploratory Data Analysis, Basic Statistical Concepts, Data Visualization |
| CC-3 | Business Laws | Core Course | 4 | Indian Contract Act, 1872, Sale of Goods Act, 1930, Indian Partnership Act, 1932, Limited Liability Partnership Act, 2008, Negotiable Instruments Act, 1881, Consumer Protection Act, 2019 |
| CC-4 | Business Mathematics | Core Course | 4 | Matrices and Determinants, Calculus (Differentiation and Integration), Financial Mathematics (Interest, Annuities), Linear Programming, Set Theory and Relations |
| SEC-1 | Skill Enhancement Course I (e.g., Financial Literacy) | Skill Enhancement Course | 2 | Budgeting and Saving, Banking Services, Investment Basics, Insurance Products, Digital Payments |
| VAC-2 | Value Addition Course II (e.g., Ethics and Culture) | Value Addition Course | 2 | Ethical Theories, Cultural Diversity, Moral Reasoning, Professional Ethics, Indian Ethos in Management |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| GE-3 | Generic Elective III (e.g., Psychology for Managers) | Generic Elective | 4 | Perception and Attitudes, Motivation Theories, Personality Traits, Group Dynamics, Leadership Styles |
| CC-5 | Corporate Accounting | Core Course | 4 | Issue of Shares and Debentures, Redemption of Preference Shares/Debentures, Company Final Accounts, Amalgamation, Absorption, Reconstruction, Cash Flow Statements |
| CC-6 | Income-Tax Law | Core Course | 4 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Profits and Gains of Business or Profession, Capital Gains and Income from Other Sources |
| SEC-2 | Skill Enhancement Course II (e.g., Entrepreneurship Development) | Skill Enhancement Course | 2 | Entrepreneurial Mindset, Idea Generation and Feasibility, Business Plan Development, Sources of Funding, Legal Aspects of Startups |
| VAC-3 | Value Addition Course III (e.g., Digital Citizenship) | Value Addition Course | 2 | Online Safety and Security, Digital Rights and Responsibilities, Cyber Etiquette, Misinformation and Critical Thinking, Privacy in the Digital Age |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| GE-4 | Generic Elective IV (e.g., Principles of Marketing) | Generic Elective | 4 | Marketing Concepts and Environment, Market Segmentation, Targeting, Positioning, Product Life Cycle and Strategies, Pricing Decisions, Promotion and Distribution Channels |
| CC-7 | Corporate Laws | Core Course | 4 | Companies Act, 2013 (Incorporation, Shares, Debentures), Management and Administration of Companies, Company Meetings and Resolutions, Audit and Auditors, Winding Up of Companies |
| CC-8 | Human Resource Management | Core Course | 4 | HR Planning and Job Analysis, Recruitment and Selection, Training and Development, Performance Management, Compensation and Employee Relations |
| SEC-3 | Skill Enhancement Course III (e.g., Communication in Business) | Skill Enhancement Course | 2 | Verbal and Non-verbal Communication, Business Correspondence, Presentation Skills, Negotiation and Conflict Resolution, Digital Communication |
| VAC-4 | Value Addition Course IV (e.g., Financial Decision Making) | Value Addition Course | 2 | Time Value of Money, Capital Budgeting Techniques, Working Capital Management, Sources of Finance, Investment Appraisal |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC-9 | Auditing and Corporate Governance | Core Course | 4 | Fundamentals of Auditing, Types of Audit, Audit Planning and Procedures, Auditor''''s Report, Corporate Governance Frameworks and Best Practices |
| CC-10 | Financial Management | Core Course | 4 | Goals of Financial Management, Capital Budgeting Decisions, Working Capital Management, Cost of Capital and Capital Structure, Dividend Policy Decisions |
| DSE-1 | Discipline Specific Elective I (e.g., Goods and Services Tax GST & Customs Law) | Discipline Specific Elective | 4 | GST Law and Framework, Input Tax Credit, Time and Value of Supply, Customs Law Provisions, Duty Drawback and Exemptions |
| DSE-2 | Discipline Specific Elective II (e.g., Cyber Crimes and Laws) | Discipline Specific Elective | 4 | Introduction to Cyber Security, Types of Cyber Crimes, Information Technology Act, 2000, Digital Evidence and Forensics, Cyber Jurisprudence |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC-11 | Principles of Marketing | Core Course | 4 | Marketing Management Philosophies, Market Research and Consumer Behavior, Product and Brand Management, Pricing Strategies, Promotion and Integrated Marketing Communications |
| CC-12 | Fundamentals of Investment | Core Course | 4 | Investment Avenues, Risk and Return Analysis, Valuation of Equity and Debt, Mutual Funds and Derivatives, Portfolio Management |
| DSE-3 | Discipline Specific Elective III (e.g., Labour Laws and Industrial Relations) | Discipline Specific Elective | 4 | Indian Labour Law Framework, Trade Unions Act, Industrial Disputes Act, Factories Act, Employee Grievance Handling |
| DSE-4 | Discipline Specific Elective IV (e.g., International Business Law and Taxation) | Discipline Specific Elective | 4 | International Contracts, Dispute Resolution in IB, Cross-Border Taxation, Double Taxation Avoidance Agreements, WTO and Trade Law |
Semester 7
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC-13 | E-Commerce | Core Course | 4 | E-commerce Business Models, E-marketing and Advertising, E-payment Systems, E-security and Legal Issues, Supply Chain Management in E-commerce |
| DSE-5 | Discipline Specific Elective V (e.g., Business Tax Planning) | Discipline Specific Elective | 4 | Tax Planning Principles, Corporate Tax Planning, Tax Planning for Capital Gains, Indirect Tax Planning, Tax Evasion vs. Tax Avoidance |
| DSE-6 | Discipline Specific Elective VI (e.g., Project Management) | Discipline Specific Elective | 4 | Project Life Cycle, Project Planning and Scheduling, Resource Allocation, Risk Management in Projects, Project Monitoring and Control |
| OEC-1/MP | Open Elective Course I / Minor Project | Open Elective Course / Minor Project | 4 | Interdisciplinary subject of choice / Research methodology, Literature review, Data collection and analysis, Report writing, Presentation skills |
Semester 8
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC-14 | International Business | Core Course | 4 | Theories of International Trade, Modes of Entry into IB, Global Political and Economic Environment, Foreign Exchange Markets, International Financial Management |
| DSE-7 | Discipline Specific Elective VII (e.g., Banking and Insurance Operations) | Discipline Specific Elective | 4 | Indian Banking System, Types of Banks, Banking Products and Services, Insurance Principles, Types of Insurance Policies |
| DSE-8 | Discipline Specific Elective VIII (e.g., Financial Modeling and Valuation) | Discipline Specific Elective | 4 | Excel for Financial Analysis, Forecasting Financial Statements, Discounted Cash Flow (DCF), Relative Valuation, Sensitivity Analysis |
| OEC-2/MP | Open Elective Course II / Major Project | Open Elective Course / Major Project | 8 | Advanced interdisciplinary subject / In-depth research project, Problem identification, Methodology design, Extensive data analysis, Thesis writing and defense |
