If you earn a bachelor`s degree in business with a law concentration, you`ll thrive in a variety of positions and industries. Whether you`re starting a new business, pursuing a career in business, or joining a compliance team, your combination of business and legal expertise will make you a competitive candidate. Browse potential careers in business law below. Q. Can I replace another course with one of the non-essential course requirements?A. Maybe. Students seeking recognition of the non-essential course requirement with an alternative course must obtain written approval from the Director or Assistant Director of the Business Law Program. PLEASE NOTE: Courses selected to meet one requirement are not considered to meet another requirement. You are not allowed to „double count“ the courses you take for the business law track, although you can choose how you want to count a particular course that may fall into more than one category of requirements. Bankruptcy law deals with debtor-creditor relationships when needed. Bankruptcy (which is offered once a year) focuses on individual debtors and covers debt relief, while corporate restructuring (offered once a year) focuses on corporate restructuring under Chapter 11 of the Bankruptcy Act.
Below is a list of related courses that are highly relevant to students interested in studying business law. Business law is a sub-discipline of economics that covers the system of rules for the creation and operation of a business. It focuses on avoiding problems that can hinder a business or cause legal disputes. Areas of business law include contracts, compliance, negotiations, human resources, intellectual property, and taxation, among others. Since corporate representation often involves the representation of business owners, students should also consider imposing certification and donations. Finally, students interested in the political considerations underlying tax law should consider attending the tax policy seminar. Q: What is the difference between the 4-credit and 3-credit trade association course? A: Although the content of each section of business associations, as with any course, is determined by the professor who teaches the section, the main difference lies in the scope of coverage of the different components of business law. The 4-credit course covers agency law, partnership and limited partnership law, corporate law and securities law. The 3-credit course does not cover all of these areas or necessarily covers them in the same detail. For planning purposes, it is noted after the name of a course if that course is usually offered in a specific semester or at least once per academic year, but please note that the schedule of course offering is always subject to change.
Non-grading courses are offered less frequently, although usually at least every two years. Course descriptions can be found in the course catalogue. Q: Do I have to follow the business law track to take courses identified as part of the track? A: No. All students are invited to take the courses identified as part of the Business Law track, including the fundamentals of finance and accounting for lawyers. We also invite all students to take the basics of business law, provided there is a free space. Business law is an intellectually stimulating study of the ever-changing legal mysteries faced by businesses of all sizes and types. The Business Law degree program prepares law students for a variety of practice areas, including commercial transactions, commercial litigation, taxes, non-profit law, and more. Students pursuing this program are encouraged to take a variety of courses in various areas of substantive business law, as well as courses that emphasize analytical skills and methodology. The Business Law concentration requires students to earn at least 16 credits in core and related courses. Students must achieve a minimum cumulative grade point average of 2.33 in each graded course used to meet the requirements. Courses offered for a grade may fail/not meet the requirements. Students who have questions about the business law concentration should consult with the academic advisor, Professor William Magnuson.
A business major is any student focused on accounting; information systems; or business administration with an option in the areas of business analysis, business law, financial analysis, financial planning, global supply chain management, management, marketing, real estate, risk management and insurance or systems and operations management. Majors with additional admission requirements are affected: the B.S. in Accounting and the B.S. in Business Administration with options in Financial Analysis, Financial Planning as well as Risk Management and Insurance. All business majors share 27 common core course units of the lower division and 19 units of the common basic courses of the upper division. The most basic course in the business law program is business associations (usually offered both semesters). For many students, this is the first introduction to business, and it is taught from this perspective. The course introduces students to the different forms of business organization as well as some of the most basic business concepts. The other core course is Federal Income Tax (usually offered within two semesters). The course introduces students to basic tax concepts that are important for corporate and personal tax planning.
Business law is an area of law that stimulates the economy. It`s about helping clients: creating business units, negotiating contracts, navigating regulations, organizing financing and many other responsibilities. Expertise is required in corporate and partnership law, contract law, securities regulation, commercial law, financial planning and bankruptcy. More information on business law can be found here. The first step to becoming a business lawyer is to obtain a bachelor`s degree. Most law schools have a mandatory requirement that the candidate have a bachelor`s degree before applying. While there is no specific major that is needed, most tend to get it in a related field such as government, history, or economics. A degree in Business Administration is also a smart idea so that the candidate knows how business processes work.
We have recommended that students interested in the Business Law Track sequence their courses according to the following schedule. *Note: A student with significant accounting experience should discuss with the faculty advisor whether the student can replace an elective course in accounting for lawyers. Professional associations deal mainly with the national law of the organisation of the company and constitute the basic course of company law. In ideal sequencing, securities regulation (usually offered in the spring semester) would be the second course for students interested in corporate law. Securities regulation is often referred to as federal corporate law and deals with transaction planning and litigation for the many companies subject to the federal Securities Act. Q: Will I receive a certificate after completing the Business Law course? A: No. The Business Law track is designed as a guided program that helps students develop the skills needed to work or practice law in the business world. Students pursuing the Business Law track will work closely with Professors Van Alstine and Hansen during their studies, and upon completion of the required courses, the Business Law program will issue a letter of completion detailing the student`s preparation for practice through the Business Law track. Q: Can I get a waiver from the Financial and Accounting Basics for Lawyers course if I have a business or financial background? A: Yes. The Financial and Accounting Foundation for Lawyers course is designed to provide a basic understanding of the key principles of business and finance. As a result, students who already have this general understanding may receive a waiver of the „Fundamentals of Financial and Accounting Fundamentals“ requirement for lawyers after program approval. The Business Law major covers a wide range of topics in the fields of economics and law.
You will take courses on the U.S. legal system and the substantive areas of business law. You will develop expertise on the legal and regulatory climate that affects business policies and decisions. The program`s rigorous courses also teach essential business law skills such as logic, compliance, case analysis, negotiation, critical thinking, and problem solving. Obtaining certificates and completing a concentration means that additional courses, such as corporate finance, securities regulation and corporate organizations, are needed. Some schools have joint Master of Laws and Juris Doctor programs that are in business law. They often need an extra semester, but both students receive degrees when they graduate. Even if students do not want to complete a concentration or acquire an additional degree in business law, their knowledge of taking elective courses in business law increases. These categories may include insurance law, mergers and acquisitions, partnerships, commercial paper, transactions and contract drafting. In addition to the core courses and experiential learning requirement, the track requires students to complete two elective courses in business law that can also meet a student`s clinical and cardin requirements. Below are some course options: Below is a list of additional courses that do not fall into the above categories, but are important elements of the business law program.
Students interested in economic or business disputes should consider taking evidence as a first-year elective course. In an ideal order, during their second year, these students would take business associations, federal income tax, testimony skills, litigation (comprehensive or intensive), accounting for lawyers, and intellectual property law investigation.