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B-COM-HONS in Business Law at Sri Guru Nanak Dev Khalsa College
Delhi, Delhi
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About the Specialization
What is Business Law at Sri Guru Nanak Dev Khalsa College Delhi?
This B.Com (Hons.) program at Sri Guru Nanak Dev Khalsa College, affiliated with the University of Delhi, offers a comprehensive understanding of commerce with a strong emphasis on legal frameworks governing business. In the Indian context, a robust grasp of business law is critical for compliance, risk management, and ethical operations across all industries. This program integrates key legal principles into its curriculum, differentiating it from purely theoretical commerce degrees by providing practical legal acumen. The demand for professionals with a dual understanding of commerce and legalities is consistently high in the Indian market, driven by evolving regulations and a complex business environment.
Who Should Apply?
This program is ideal for fresh graduates from 10+2 seeking entry into corporate legal departments, compliance roles, or entrepreneurial ventures where legal insights are paramount. It also benefits individuals aiming for higher studies in corporate law, taxation law, or even pursuing professional certifications like CS (Company Secretary) or legal advisory roles. Students with a keen interest in understanding the legal intricacies of business, contracts, corporate governance, and economic regulations will find this program particularly enriching. Prerequisite backgrounds typically include commerce or science with mathematics at the 10+2 level.
Why Choose This Course?
Graduates of this program can expect to pursue India-specific career paths in legal compliance, financial advisory, corporate governance, intellectual property rights management, and taxation. Entry-level salaries can range from INR 3-5 LPA, growing significantly with experience in corporate legal teams, law firms, or as independent consultants. Growth trajectories often lead to managerial or senior advisory positions in areas like regulatory affairs or corporate secretarial practice. The strong foundation in business law also provides an excellent pathway for those aspiring to clear professional exams like CS or LLB, further enhancing career prospects in the legal domain.
Student Success Practices
Foundation Stage
Master Commercial Fundamentals- (Semester 1-2)
Dedicate significant time to understanding financial statements, business structures, and economic principles. This solid base ensures that legal concepts learned later are applied within a strong commercial context, crucial for informed business law decisions.
Tools & Resources
Textbooks for Financial Accounting, Business Organization, NPTEL courses on basic accounting, Online financial news portals like Livemint
Career Connection
A strong understanding of fundamentals is essential for any business role, including legal compliance, where the financial and operational impact of legal decisions must be clear.
Develop Critical Reading and Research Skills- (Semester 1-2)
Engage with case studies and business news articles to start identifying legal implications. Practice dissecting complex texts and summarizing key arguments, a vital skill for understanding legal documents and statutes. Join college debate societies to hone analytical abilities.
Tools & Resources
College library access to legal databases (if available), Business news from The Economic Times, Business Standard, Online platforms like Indian Kanoon for basic legal research
Career Connection
Essential for interpreting legal documents, drafting reports, and conducting due diligence in corporate legal roles or further legal studies.
Build a Strong Network with Seniors and Alumni- (Semester 1-2)
Connect with B.Com (Hons.) alumni, especially those who pursued higher studies in law or are in compliance roles. Attend college events, alumni meets, and reach out to seniors on LinkedIn to seek advice on course choices, career paths, and internship opportunities related to business law.
Tools & Resources
LinkedIn, College alumni networks, Departmental mentorship programs
Career Connection
Gaining insights into industry trends, potential job openings, and receiving guidance for navigating early career stages in legal-adjacent fields is invaluable.
Intermediate Stage
Deep Dive into Business Laws- (Semester 3-5)
Prioritize and excel in ''''Business Laws'''' and other related Discipline Specific Electives like ''''Corporate Laws''''. Go beyond textbooks by studying relevant legal cases and real-world examples. Form study groups to discuss complex legal provisions and their application.
Tools & Resources
Bare Acts for relevant laws (e.g., Indian Contract Act, Companies Act), Legal journals and online case study platforms, University library resources
Career Connection
Directly prepares for roles requiring legal understanding in compliance, contract management, corporate secretarial services, and legal advisory.
Seek Relevant Internships- (Semester 4-5 summer breaks)
Actively look for internships in corporate legal departments, compliance teams of banks and financial institutions, or commercial law firms. Gain practical exposure to legal documentation, regulatory compliance, and business ethics. Even shadowing professionals can provide invaluable experience.
Tools & Resources
College placement cell, Online internship platforms (Internshala, LinkedIn), Direct applications to legal firms or corporate compliance divisions
Career Connection
Converts theoretical knowledge into practical skills, builds industry contacts, and often leads to pre-placement offers in law-related business functions.
Participate in Legal and Business Competitions- (Semester 3-5)
Engage in business quizzes, case study competitions, and if applicable, moot court simulations. These competitions enhance problem-solving skills, public speaking, and the ability to apply legal and business principles under pressure, focusing on events with strong legal or commercial aspects.
Tools & Resources
College societies (Commerce, Debate, Legal Aid Cell), Notices for inter-college competitions, Online business case platforms
Career Connection
Develops competitive skills, enhances resume, and provides networking opportunities with peers and industry experts in commercial and legal fields.
Advanced Stage
Specialized Skill Development and Certification- (Semester 6-8)
Pursue advanced certifications or workshops in areas like GST, Intellectual Property Rights, or specific aspects of corporate law. Deepen your expertise in niche legal areas relevant to business. Consider preparing for CS (Company Secretary) Executive exams if interested in corporate governance.
Tools & Resources
Certifications from ICAI, ICSI, NISM, Online courses on Coursera/edX for specialized legal topics, Workshops on legal tech and compliance software
Career Connection
Provides a competitive edge, demonstrates commitment to a specialized area, and opens doors to specialized roles in corporate legal and compliance teams in India.
Focus on Research and Dissertation (for 4-year program)- (Semester 7-8)
For those pursuing the 4-year degree with research, choose a topic related to contemporary business law issues. Conduct in-depth research on, for example, ''''Impact of recent amendments to Companies Act on MSMEs'''' or ''''Legal challenges in e-commerce in India'''', demonstrating analytical and academic rigor.
Tools & Resources
University library and research databases (e.g., JSTOR, SCC Online), Faculty mentors for guidance, Thesis writing software
Career Connection
Excellent for students aiming for higher education (LLM, MBA with legal focus) or research-oriented roles in policy and advisory within the Indian legal and business landscape.
Intensive Placement Preparation and Networking- (Semester 6-8)
Refine your resume to highlight legal coursework, internships, and relevant projects. Practice behavioral and technical interview questions, particularly those related to business ethics and legal compliance. Network extensively with recruiters in relevant sectors by attending career fairs and industry events.
Tools & Resources
College placement cell, Mock interview sessions, LinkedIn for professional networking, Industry-specific job portals
Career Connection
Securing desirable placements in compliance, regulatory affairs, financial services, or corporate legal departments within Indian companies and MNCs operating in India.
Program Structure and Curriculum
Eligibility:
- Passed 10+2 examination with Commerce or Science stream (with Mathematics) with an aggregate of 45% marks from a recognized board.
Duration: 4 years (8 semesters)
Credits: 160 credits (for B.Com (Hons.) with Research; 132 for B.Com (Hons.) without Research) Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-1 | Financial Accounting | Core (Discipline Specific Core) | 4 | Accounting Process and Standards, Cash Flow Statement, Inventories and Depreciation, Company Accounts: Issue and Forfeiture of Shares, Company Accounts: Debentures and Buy Back |
| DSC-2 | Business Organization and Management | Core (Discipline Specific Core) | 4 | Nature and Forms of Business Organization, Business Environment and Entrepreneurship, Management Principles and Functions (Planning, Organizing), Directing and Controlling, Marketing and Human Resource Management functions |
| DSC-3 | Microeconomics | Core (Discipline Specific Core) | 4 | Basic Economic Problems, Demand and Supply Analysis, Consumer Behavior (Utility, Indifference Curve), Production and Costs, Market Structure: Perfect Competition, Monopoly and Oligopoly |
| AECC-1 | Environmental Science | Ability Enhancement Compulsory Course | 4 | Ecosystems and Biodiversity, Environmental Pollution, Global Environmental Issues, Environmental Protection Acts, Sustainable Development |
| VAC-1 | Constitutional Values & Fundamental Duties (Example) | Value Addition Course | 2 | Philosophy of the Indian Constitution, Fundamental Rights, Directive Principles of State Policy, Fundamental Duties, Constitutional Amendments |
| SEC-1 | Communication in Everyday Life (Example) | Skill Enhancement Course | 3 | Principles of Communication, Verbal and Non-verbal Communication, Interpersonal Communication, Group Communication, Presentation Skills |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-4 | Corporate Accounting | Core (Discipline Specific Core) | 4 | Accounting for Dissolution of Partnership Firms, Valuation of Goodwill and Shares, Amalgamation, Absorption and Reconstruction of Companies, Consolidated Financial Statements, Accounting for Banks and Insurance Companies |
| DSC-5 | Business Statistics | Core (Discipline Specific Core) | 4 | Introduction to Statistics, Data Collection & Presentation, Measures of Central Tendency, Measures of Dispersion, Skewness, Kurtosis, Correlation Analysis, Regression Analysis |
| DSC-6 | Macroeconomics | Core (Discipline Specific Core) | 4 | Introduction to Macroeconomics & National Income, Determination of Output & Employment (Keynesian Model), Inflation, Unemployment, and Trade Cycles, Monetary Policy, Fiscal Policy |
| AECC-2 | English Language and Communication (Example) | Ability Enhancement Compulsory Course | 4 | Language and Communication, Reading Skills, Writing Skills, Speaking and Listening Skills, Grammar and Vocabulary |
| VAC-2 | Ethics & Culture (Example) | Value Addition Course | 2 | Concepts of Ethics and Morality, Ethical Theories, Indian Ethos in Management, Cultural Diversity in India, Ethics in Business and Governance |
| SEC-2 | Data Analytics (Example) | Skill Enhancement Course | 3 | Introduction to Data Analytics, Data Collection and Cleaning, Descriptive Statistics, Data Visualization, Basic Predictive Modeling |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-7 | Income Tax Law | Core (Discipline Specific Core) | 4 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Profits and Gains from Business or Profession, Capital Gains, Other Sources |
| DSC-8 | Marketing Management | Core (Discipline Specific Core) | 4 | Introduction to Marketing Management, Product Decisions, Pricing Decisions, Promotion Decisions, Place (Distribution) Decisions |
| DSC-9 | Business Laws | Core (Discipline Specific Core) | 4 | The Indian Contract Act, 1872 (General Principles), Special Contracts (Indemnity, Guarantee, Bailment, Pledge, Agency), The Sale of Goods Act, 1930, The Negotiable Instruments Act, 1881, The Limited Liability Partnership Act, 2008, The Consumer Protection Act, 2019 |
| GE-1 | Generic Elective 1 (e.g., Principles of Microeconomics) | Generic Elective | 4 | |
| VAC-3 | Emotional Intelligence (Example) | Value Addition Course | 2 | Understanding Emotions, Self-Awareness and Self-Regulation, Motivation and Empathy, Social Skills, Applying EI in Personal and Professional Life |
| SEC-3 | E-filing of Tax Returns (Example) | Skill Enhancement Course | 3 | Introduction to Income Tax Portal, TDS/TCS Concepts, Steps for E-filing ITR-1, ITR-4, PAN, TAN, Aadhaar Linking, Rectification & Refund Process |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-10 | Cost Accounting | Core (Discipline Specific Core) | 4 | Introduction to Cost Accounting, Cost Ascertainment (Material, Labour, Overheads), Methods of Costing (Job, Contract, Process), Operating Costing & Reconciliation, Budgetary Control & Standard Costing |
| DSC-11 | Human Resource Management | Core (Discipline Specific Core) | 4 | Introduction to Human Resource Management, Human Resource Planning & Job Analysis, Recruitment, Selection, Placement, Training & Development, Performance Appraisal, Compensation Management & Industrial Relations |
| DSC-12 | Fundamentals of Financial Management | Core (Discipline Specific Core) | 4 | Introduction to Financial Management, Time Value of Money, Capital Budgeting Decisions, Cost of Capital & Capital Structure Decisions, Working Capital Management |
| GE-2 | Generic Elective 2 (e.g., Indian Economy) | Generic Elective | 4 | |
| VAC-4 | Financial Literacy (Example) | Value Addition Course | 2 | Personal Financial Planning, Savings and Investments, Banking Services, Insurance Products, Digital Payments & Cyber Security |
| SEC-4 | Personal Selling and Salesmanship (Example) | Skill Enhancement Course | 3 | Introduction to Personal Selling, Theories of Selling, Sales Process (Prospecting, Approach, Presentation), Handling Objections, Closing the Sale, Sales Management and Ethics |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-13 | Principles of Marketing | Core (Discipline Specific Core) | 4 | Introduction to Marketing, Marketing Environment, Consumer Behavior, Market Segmentation, Targeting & Positioning, Product Decisions, New Product Development, Pricing Decisions, Distribution Decisions, Promotion Decisions, Marketing Ethics |
| DSC-14 | Auditing and Corporate Governance | Core (Discipline Specific Core) | 4 | Introduction to Auditing, Audit Planning, Internal Control & Internal Audit, Vouching and Verification, Company Audit & Audit Report, Corporate Governance: Theories, Mechanisms, Best Practices |
| DSE-1 | Corporate Laws (Example, aligned with ''''Business Law'''') | Discipline Specific Elective | 4 | Companies Act, 2013: Introduction, Incorporation, Veil, Memorandum and Articles of Association, Shares and Share Capital, Management and Administration, Meetings and Resolutions |
| DSE-2 | Banking and Insurance (Example, aligned with ''''Business Law'''') | Discipline Specific Elective | 4 | Introduction to Banking, Types of Banks, Banker-Customer Relationship, Negotiable Instruments, Lending and Deposits, Introduction to Insurance, Principles of Insurance, Types of Insurance (Life, General, Health) |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-15 | Computer Applications in Business | Core (Discipline Specific Core) | 4 | Introduction to Computers & Information Systems, Operating Systems, MS Word, MS Excel, MS PowerPoint, Database Management Systems (DBMS), Introduction to Internet & E-commerce, Network & Data Security |
| DSC-16 | E-Commerce | Core (Discipline Specific Core) | 4 | Introduction to E-commerce, Types of E-commerce, E-commerce Business Models, E-payment Systems, Security in E-commerce, E-commerce Marketing & Advertising, Legal and Ethical Issues in E-commerce |
| DSE-3 | International Business Law (Example, aligned with ''''Business Law'''') | Discipline Specific Elective | 4 | International Contracts (CISG), International Sale of Goods, International Dispute Resolution (Arbitration, Litigation), Intellectual Property Rights in International Business, Competition Law & Foreign Investment Law |
| DSE-4 | Management Accounting (Example) | Discipline Specific Elective | 4 | Introduction to Management Accounting, Ratio Analysis, Fund Flow Statement, Cash Flow Statement, Marginal Costing & Break-Even Analysis, Budgetary Control & Standard Costing |
Semester 7
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-17 | Discipline Specific Core 17 | Core (Discipline Specific Core) | 4 | |
| DSC-18 | Discipline Specific Core 18 | Core (Discipline Specific Core) | 4 | |
| DSE-5 | Discipline Specific Elective 5 | Discipline Specific Elective | 4 |
Semester 8
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-19 | Discipline Specific Core 19 | Core (Discipline Specific Core) | 4 | |
| DSC-20 | Discipline Specific Core 20 | Core (Discipline Specific Core) | 4 | |
| DSE-6 | Discipline Specific Elective 6 | Discipline Specific Elective | 4 | |
| RP-1 | Research Project / Dissertation | Research Project | 16 | Research Methodology, Literature Review, Data Collection, Data Analysis, Thesis Writing, Viva Voce |
