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BBA-LLB-HONS in Banking Insurance Finance Regulations at University of Petroleum and Energy Studies
Dehradun, Uttarakhand
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About the Specialization
What is Banking, Insurance & Finance Regulations at University of Petroleum and Energy Studies Dehradun?
This Banking, Insurance & Finance Regulations program at University of Petroleum and Energy Studies (UPES) focuses on equipping students with an in-depth understanding of legal and regulatory frameworks governing India''''s dynamic financial sector. It delves into critical aspects of banking, insurance, and broader financial regulations, preparing graduates for roles in a highly regulated Indian industry. The program differentiates itself by integrating business administration concepts with a robust legal curriculum.
Who Should Apply?
This program is ideal for ambitious fresh graduates seeking entry into the specialized fields of banking, insurance, and finance law. It also caters to young professionals from commerce or law backgrounds looking to deepen their expertise in financial regulations, and career changers transitioning into legal advisory roles within the financial services industry. Strong analytical and communication skills, coupled with an interest in economic policy, are key prerequisites.
Why Choose This Course?
Graduates of this program can expect diverse and rewarding India-specific career paths, including legal counsel roles in banks, insurance companies, financial institutions, regulatory bodies like RBI or SEBI, and law firms specializing in financial disputes. Entry-level salaries typically range from INR 5-8 LPA, with experienced professionals earning significantly more. Growth trajectories include senior legal advisory, compliance, and regulatory affairs management positions in leading Indian and multinational financial organizations.
Student Success Practices
Foundation Stage
Master Core Legal and Business Fundamentals- (Semester 1-2)
Dedicate time to thoroughly understand foundational subjects like Law of Contract, Constitutional Law, and Principles of Economics. Utilize legal databases like Manupatra or SCC Online for case studies and analytical essays. Form study groups to discuss complex concepts and build a strong conceptual base, which is crucial for advanced specialization.
Tools & Resources
Manupatra, SCC Online, Academic study groups, UPES Library resources
Career Connection
A strong foundation in core law and business principles ensures readiness for more specialized subjects and provides a holistic understanding of the regulatory landscape, essential for any legal professional in finance.
Develop Effective Communication and Research Skills- (Semester 1-2)
Actively participate in legal writing workshops and moot court simulations. Focus on refining legal drafting, presentation, and oral advocacy skills. Practice persuasive communication and logical reasoning, seeking feedback from professors and peers to continuously improve. Leverage university career services for soft skill development.
Tools & Resources
Legal Writing Guides, Moot Court Society, UPES Communication Skills Labs
Career Connection
Excellent communication and research skills are paramount for legal roles, enabling effective client interaction, courtroom arguments, and precise documentation in the highly intricate financial regulatory environment.
Engage in Early Industry Exploration- (Semester 1-2)
Attend guest lectures by industry experts from banking, insurance, and finance. Participate in introductory webinars or seminars on financial markets. Join relevant student clubs (e.g., Finance Club, Law Society) to network and gain insights into potential career paths within the specialized domain. Read financial news regularly.
Tools & Resources
Industry webinars, Financial newspapers (Economic Times), Student clubs
Career Connection
Early exposure helps students align their academic focus with industry demands, making future internships and career choices more informed and targeted towards specialized roles.
Intermediate Stage
Seek Specialized Internships and Projects- (Semester 3-5)
Actively pursue internships with local law firms specializing in corporate, banking, or consumer law. Look for opportunities with mid-sized financial consultancies or regional banks to gain initial exposure to the Indian financial ecosystem. Take on mini-projects or assignments related to financial regulations under faculty guidance.
Tools & Resources
UPES Career Services Portal, LinkedIn, Networking events, Faculty project opportunities
Career Connection
Practical exposure during internships is vital for understanding real-world application of financial laws and regulations, building a professional network, and enhancing employability in niche sectors.
Deepen Understanding of Core Specialization Subjects- (Semester 3-5)
Focus intensely on subjects like Banking Law, Insurance Law, and Corporate Finance as they are introduced. Engage in critical analysis of recent judgments and regulatory changes by the RBI, IRDAI, and SEBI. Participate in subject-specific discussions and explore their real-world impact on the Indian economy.
Tools & Resources
RBI, IRDAI, SEBI websites, Legal journals (e.g., Company Law Journal), Case law analysis platforms
Career Connection
A profound grasp of these core subjects is non-negotiable for becoming a successful legal professional in banking, insurance, or finance, providing the necessary expertise for compliance and advisory roles.
Build a Professional Network and Mentor Relationships- (Semester 3-5)
Attend industry conferences, workshops, and alumni meet-ups. Connect with professionals in banking, insurance, and finance law through platforms like LinkedIn. Seek guidance from faculty members and alumni who are practicing in the field to understand career trajectories and industry best practices.
Tools & Resources
LinkedIn, Professional conferences, Alumni network events, Faculty mentorship programs
Career Connection
Networking opens doors to internship and job opportunities, provides invaluable career advice, and helps students stay updated on industry trends and requirements, crucial for a competitive job market.
Advanced Stage
Undertake Advanced Research and Dissertation- (Semester 6-8)
Select a challenging research topic within Banking, Insurance, or Finance Regulations for your dissertation. Conduct extensive primary and secondary research, including interviews with legal experts and analysis of regulatory documents. Aim for publication in academic journals or presentation at student conferences to showcase expertise.
Tools & Resources
JSTOR, Westlaw India, LexisNexis India, Research project guidance from faculty
Career Connection
Advanced research demonstrates deep knowledge and analytical capabilities, making graduates highly attractive for research-oriented roles, policy analysis, or specialized legal advisory positions.
Excel in Practical Legal Training and Moot Competitions- (Semester 9-10)
Prioritize practical training courses like Drafting, Pleading, and Conveyancing, and Moot Court. Participate in national and international moot court competitions focusing on commercial or financial law. Develop strong courtroom etiquette, advocacy skills, and the ability to handle complex legal arguments under pressure.
Tools & Resources
Moot court societies, Practical training modules, Legal aid clinics
Career Connection
These practical skills are essential for litigation roles, enhancing confidence in legal proceedings and providing a competitive edge during placement interviews and future legal practice.
Strategic Placement Preparation and Skill Refinement- (Semester 9-10)
Engage rigorously in placement preparation activities, including mock interviews, group discussions, and resume building workshops tailored for financial law roles. Develop proficiency in relevant software tools for compliance, data analysis, or legal tech. Actively apply for placements in leading banks, insurance companies, law firms, and regulatory bodies.
Tools & Resources
UPES Career Services, Interview preparation platforms, Online courses for legal tech tools
Career Connection
Dedicated placement preparation maximizes chances of securing desired roles. Continuously refining skills and staying abreast of industry-specific tools ensures graduates are job-ready and valuable assets to potential employers in the Indian financial sector.
Program Structure and Curriculum
Eligibility:
- Minimum 50% marks in 10th and 12th. 12th with English as one of the subjects. Admission through UL-SAT. Valid CLAT/LSAT India score will also be accepted.
Duration: 5 years (10 semesters)
Credits: 208 Credits
Assessment: Internal: 50%, External: 50%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ULB0101 | English Language and Communication Skills | Programme Core | 4 | Grammar and Vocabulary, Written Communication, Oral Communication, Interpersonal Skills, Effective Presentation |
| ULB0102 | Law of Contract-I | Programme Core | 4 | Formation of Contract, Offer and Acceptance, Consideration, Capacity to Contract, Free Consent |
| ULB0103 | Principles of Economics | Programme Core | 4 | Introduction to Economics, Demand and Supply, Market Structures, National Income, Monetary and Fiscal Policy |
| ULB0104 | Legal Methods and Indian Legal System | Ability Enhancement Course | 4 | Sources of Law, Legal Reasoning, Court Structure, Legal Profession, Rule of Law |
| ULB0105 | Computer Applications-I | Skill Enhancement Course | 2 | Introduction to Computers, Operating Systems, Word Processing, Spreadsheets, Presentations |
| ULO0101 | Design Thinking | Open Elective | 2 | Introduction to Design Thinking, Empathize, Define, Ideate, Prototype and Test |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ULB0201 | Law of Contract-II | Programme Core | 4 | Void and Voidable Agreements, Contingent Contracts, Performance of Contract, Breach of Contract, Quasi Contracts |
| ULB0202 | Business and Management Ethics | Programme Core | 4 | Ethical Theories, Corporate Governance, Social Responsibility, Ethics in Business, Whistleblowing |
| ULB0203 | Business Statistics | Programme Core | 4 | Descriptive Statistics, Probability, Sampling Methods, Hypothesis Testing, Regression Analysis |
| ULB0204 | Law of Torts | Ability Enhancement Course | 4 | General Principles of Torts, Specific Torts (Defamation, Negligence), Strict and Absolute Liability, Defences to Torts, Remedies in Torts |
| ULB0205 | Computer Applications-II | Skill Enhancement Course | 2 | Advanced Spreadsheets, Database Management, Internet and Web Technologies, Cyber Security Basics, E-commerce Concepts |
| ULO0201 | Financial Markets | Open Elective | 2 | Types of Financial Markets, Money Market, Capital Market, Financial Instruments, Regulatory Bodies |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ULB0301 | Constitutional Law-I | Programme Core | 4 | Nature of Indian Constitution, Preamble, Fundamental Rights, Directive Principles, Citizenship |
| ULB0302 | Family Law-I | Programme Core | 4 | Hindu Marriage Act, Dissolution of Marriage, Maintenance, Adoption, Guardianship |
| ULB0303 | Human Resource Management | Programme Core | 4 | HR Planning, Recruitment and Selection, Training and Development, Performance Management, Compensation and Benefits |
| ULB0304 | Principles of Taxation Law | Ability Enhancement Course | 4 | Basic Concepts of Tax Law, Income Tax Act 1961, Heads of Income, Deductions and Exemptions, GST Principles |
| ULB0305 | Research Methodology | Skill Enhancement Course | 2 | Types of Research, Research Design, Data Collection Methods, Sampling Techniques, Report Writing |
| ULO0301 | Marketing Management | Open Elective | 2 | Marketing Environment, Consumer Behavior, Market Segmentation, Product Life Cycle, Pricing Strategies |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ULB0401 | Constitutional Law-II | Programme Core | 4 | Federalism, Union and State Legislature, Union and State Executive, Judiciary, Emergency Provisions |
| ULB0402 | Family Law-II | Programme Core | 4 | Muslim Personal Law, Wills and Succession, Wakfs, Guardianship under Muslim Law, Special Marriage Act |
| ULB0403 | Banking Law | Programme Core | 4 | Banking Regulations Act, RBI Act, Negotiable Instruments Act, Banker-Customer Relationship, Payment Systems |
| ULB0404 | Administrative Law | Ability Enhancement Course | 4 | Nature of Administrative Law, Delegated Legislation, Administrative Discretion, Judicial Review, Ombudsman |
| ULB0405 | Professional Ethics | Skill Enhancement Course | 2 | Ethics for Legal Professionals, Bar Council Rules, Professional Misconduct, Contempt of Court, Accountability |
| ULO0401 | Corporate Finance | Open Elective | 2 | Financial Management, Capital Budgeting, Working Capital Management, Sources of Finance, Dividend Policy |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ULB0501 | Public International Law | Programme Core | 4 | Sources of International Law, State Recognition, Territory and Jurisdiction, Law of Treaties, International Human Rights Law |
| ULB0502 | Criminal Law-I | Programme Core | 4 | Elements of Crime, Mens Rea and Actus Reus, General Defences, Specific Offences (Homicide, Hurt), Punishments |
| ULB0503 | Consumer Protection Law | Programme Core | 4 | Consumer Protection Act, Consumer Rights, Unfair Trade Practices, Consumer Fora, Product Liability |
| ULBP0501 | Insurance Law-I | Programme Elective (Banking, Insurance & Finance Regulations) | 4 | Principles of Insurance, Contract of Insurance, Life Insurance, Marine Insurance, Insurance Regulatory Bodies (IRDAI) |
| ULB0504 | Legal Writing | Skill Enhancement Course | 2 | Legal Research Skills, Drafting Legal Documents, Citation Styles, Pleading Techniques, Memorial Writing |
| ULO0501 | Business Data Analytics | Open Elective | 2 | Introduction to Data Analytics, Data Collection and Cleaning, Descriptive Analytics, Predictive Analytics, Data Visualization |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ULB0601 | Criminal Law-II | Programme Core | 4 | Offences against Property, Offences against Women, Cyber Crimes, Criminal Conspiracy, Juvenile Justice System |
| ULB0602 | Civil Procedure Code | Programme Core | 4 | Jurisdiction of Courts, Institution of Suits, Pleadings, Interim Orders, Execution of Decrees |
| ULB0603 | Company Law | Programme Core | 4 | Company Formation, Memorandum and Articles, Shares and Debentures, Company Management, Winding Up of Companies |
| ULBP0601 | Financial Derivatives and Risk Management | Programme Elective (Banking, Insurance & Finance Regulations) | 4 | Introduction to Derivatives, Forwards and Futures, Options and Swaps, Risk Measurement, Hedging Strategies |
| ULB0604 | Alternative Dispute Resolution | Skill Enhancement Course | 2 | Arbitration, Conciliation, Mediation, Negotiation, Lok Adalat |
| ULO0601 | Foreign Exchange Law and Management | Open Elective | 2 | FEMA, Exchange Rate Mechanisms, Foreign Investment, Capital Account Convertibility, International Trade Finance |
Semester 7
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ULB0701 | Environmental Law | Programme Core | 4 | Pollution Control Acts, Biodiversity Protection, International Environmental Law, Environmental Impact Assessment, Role of Judiciary |
| ULB0702 | Labour Law-I | Programme Core | 4 | Industrial Disputes Act, Trade Unions Act, Standing Orders, Wages Legislation, Factories Act |
| ULB0703 | Law of Evidence | Programme Core | 4 | Relevancy of Facts, Admissibility of Evidence, Documentary Evidence, Witnesses, Burden of Proof |
| ULBP0701 | Investment Law and Regulation | Programme Elective (Banking, Insurance & Finance Regulations) | 4 | Capital Markets Regulations, SEBI Act, Investment Schemes, Investor Protection, Foreign Portfolio Investment |
| ULBP0702 | Insolvency and Bankruptcy Law | Programme Elective (Banking, Insurance & Finance Regulations) | 4 | Insolvency and Bankruptcy Code (IBC), Corporate Insolvency Resolution Process, Liquidation Process, Individual Insolvency, Role of NCLT |
| ULB0704 | Research Project/Dissertation-I | Project | 2 | Topic Identification, Literature Review, Research Question Formulation, Methodology Design, Preliminary Data Collection |
Semester 8
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ULB0801 | Labour Law-II | Programme Core | 4 | Employees'''' Compensation Act, EPF Act, Gratuity Act, Maternity Benefit Act, Child Labour Legislation |
| ULB0802 | Intellectual Property Law | Programme Core | 4 | Copyright Law, Patent Law, Trademark Law, Geographical Indications, IPR Enforcement |
| ULB0803 | Interpretation of Statutes | Programme Core | 4 | Rules of Interpretation, Aids to Interpretation, Presumptions, Harmonious Construction, Legislative Drafting |
| ULBP0801 | Mergers & Acquisitions Regulations | Programme Elective (Banking, Insurance & Finance Regulations) | 4 | Types of M&A, Legal Framework (Companies Act, SEBI), Due Diligence, Shareholder Protection, Competition Law Aspects |
| ULBP0802 | International Financial Law | Programme Elective (Banking, Insurance & Finance Regulations) | 4 | International Banking Law, Cross-border Financial Transactions, Foreign Investment Law, Global Financial Institutions (IMF, World Bank), Dispute Resolution in International Finance |
| ULB0804 | Research Project/Dissertation-II | Project | 2 | Data Analysis, Findings and Discussion, Conclusion and Recommendations, Abstract and Introduction, Final Dissertation Submission |
Semester 9
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ULB0901 | Jurisprudence | Programme Core | 4 | Nature of Jurisprudence, Schools of Thought (Analytical, Historical), Sources of Law, Rights and Duties, Justice and Law |
| ULB0902 | Practical Training – I (Drafting, Pleading and Conveyancing) | Programme Core | 4 | Principles of Drafting, Pleadings (Plaint, Written Statement), Conveyancing (Sale Deed, Mortgage Deed), Legal Notices, Affidavits |
| ULBP0901 | Banking Litigation | Programme Elective (Banking, Insurance & Finance Regulations) | 4 | Debt Recovery Tribunal (DRT), SARFAESI Act, Recovery of Debts and Bankruptcy Act, Cheque Bounce Cases (NI Act), Consumer Disputes in Banking |
| ULBP0902 | Insurance Litigation | Programme Elective (Banking, Insurance & Finance Regulations) | 4 | Claim Processing and Settlement, IRDAI Grievance Redressal, Ombudsman for Insurance, Litigation in Life Insurance, Litigation in General Insurance |
| ULBP0903 | Competition Law | Programme Elective (Banking, Insurance & Finance Regulations) | 4 | Competition Act, Anti-Competitive Agreements, Abuse of Dominant Position, Combinations (Mergers & Acquisitions), Competition Commission of India (CCI) |
| ULB0903 | Internship (8-Week) | Project | 4 | Practical Legal Experience, Industry Exposure, Skill Application, Report Writing, Professional Networking |
Semester 10
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ULB1001 | Practical Training – II (Moot Court, Pre-Trial Preparations and Professional Ethics) | Programme Core | 4 | Moot Court Exercises, Client Counseling, Interviewing Skills, Pre-Trial Procedures, Professional Conduct Standards |
| ULBP1001 | Financial Crime and Fraud | Programme Elective (Banking, Insurance & Finance Regulations) | 4 | Money Laundering (PMLA), Cyber Fraud, Corporate Fraud, Economic Offences, Investigation and Prosecution |
| ULBP1002 | Digital Finance and Fintech Regulations | Programme Elective (Banking, Insurance & Finance Regulations) | 4 | Fintech Landscape, Digital Payments, Cryptocurrency Regulations, Blockchain in Finance, Regulatory Sandboxes |
| ULBP1003 | Securities Law | Programme Elective (Banking, Insurance & Finance Regulations) | 4 | Securities Contracts (Regulation) Act, Depositories Act, SEBI (Issue of Capital and Disclosure Requirements), Insider Trading, Market Manipulation |
| ULB1002 | Internship (8-Week) | Project | 4 | Advanced Practical Training, Specialized Industry Projects, Professional Development, Networking for Placements, Career Preparedness |
