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Language: English

Learners Enrolled: 240 (Past) + 1 (Active)

Course Duration: 30 Days

Course Fees (INR): 3500/-

Course Description

  • A contract is a legally enforceable agreement between parties to do something (or to not do something).
  • Any legal contract must contain certain elements. First, it must contain an offer. The offer is what someone is going to do, such as lease you a tractor, sell you a guitar, paint your house, or simply pay you. Second, the offer must be accepted. Acceptance means that you agree to what is offered, without any changes. (If you make changes to the offer, it is typically considered a “counter-offer” which must itself be accepted). Third, it must represent the intent of both parties to enter into a legally binding agreement. In other words, both parties have to be aware that the agreement could be enforced by law. Finally, it must contain consideration. “Consideration” means something of value, which is usually money, bargained for in exchange for the product or service that is being offered.
  • The parties have to be competent to enter into this agreement and they have to have entered into it voluntarily. These agreements can be oral, but naturally, their enforceability increases if they are written. If the agreement is oral, it is still enforceable, but first, you have to prove that it existed, which can sometimes be hard to do.

Benefits of doing this Online Course from IALM:

  • Moreover, these modules are in a student-centric format whether you are a law student or a management student it can be 
  • This course provides you with plenty of opportunities to pursue your career using the skillset obtained through this course.
  • This course will not only make you familiar with the basics of contracts but will also make you able to enter and create a contract more productively and innovatively.
  • A very good topic for your dissertation or the assignment.
  • Also, this course is a concept clarity with knowledge expansion if you are preparing for any of the competitions NET, SEBI, NABAR, or any others, or even if for CLAT. The modules of this course are a portion of the syllabus of most of these exams so if you complete this course at least you are done completely with this part of your target.
  • And top of all, you’ll be getting a valuable certificate from IALM after completion of this course.

Jobs & Career Opportunities:

Many careers involve working with legal contracts because contracts govern almost all business dealings. Some job titles are paralegal, attorney, contract manager and adjudicator. 

  • Adjudicators: Adjudicators, sometimes called neutrals, mediators or arbitrators, resolve disputes between parties, often involving the interpretation of legal contracts. The process is not as formal, time-consuming or expensive as litigation. Both parties agree on an adjudicator. The parties present evidence and the adjudicator examines it and renders a decision. The decision may or may not be final, depending on the terms of the agreement. Arbitration services can be contracted through a private company, and some governments offer mediation and arbitration as an alternative to litigation.
  • Contract Managers: Contract Managers oversee projects performed in partnership between one organization and another. They are responsible for coordinating every aspect of the project from reviewing and approving contract terms to coordinating deadlines, approving budgets and more. Contract Managers work across many industries, including real estate development, health care, government agencies and more. They typically begin their careers as Contract Specialists, Contract Administrators, Contract Analysts, and Contract Negotiators, and work their way up to management roles. 
  • Paralegals: Paralegals assist attorneys by drafting documents, including legal contracts. They may also assist attorneys in conducting research and preparing cases. A paralegal's duties may include preparing tax returns, planning estates and organizing files. Paralegals use computer databases to store and retrieve many of the documents they need, including contracts. Paralegals cannot present cases in court or give legal advice. 
  • Attorneys: Attorneys, or lawyers, advise and represent individuals, groups, organizations and businesses. Many attorneys specialize in contracts, overseeing agreements that involve an exchange of goods or services for something of value between two or more parties. A growing number of attorneys work in intellectual property, with duties that include protecting the contracted rights of artists. While most attorneys are in private practice, many are corporate lawyers, and much of their work deals with legal contracts.

Other Important Information About This Online Course:

  • Maximum Duration to complete the Course: 1-Month
  • Course Fees: Rs. 3,500/- (Several Payment Options Available: Credit & Debit Cards, Cheque, Demand Draft, Cash, Wire Transfer – NEFT, PAYTM)
  • Online Evaluation Method: Based on “Multiple Choice Question (MCQs)” and an “Assignment Submission” of 500 words.
  • The score of the online examination will be taken as the final result and Grade will be assigned as per the following scheme: Grade A – 80-100, Grade B – 65-79, Grade C – 50-64, Reattempt – Below 50.
  • Next Batch: Each IALM course starts immediately after payment. Students can register online for the course at any time. Upon payment of fees and registration, the present Course will start immediately.

Course Curriculum

How to Use

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  • From the computer, you can access your courses after successful login
  • For other devices, you can access your library using this web app through browser of your device.


About IALM
Indian Academy of Law & Management ("IALM") bridges the skills gap between what is being taught in Indian law schools or in any Indian law institute, by providing online law courses in various disciplines...
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