What is Business Law?
Often called Mercantile law or Commercial law, it is the area of study which deals with the issues that arise while interacting with the public, government and other companies. These legal professions exhibit knowledge of intellectual property, real estate, tax law, employment law, and etc.
Business law encompasses all of the laws that dictate how to form and run a business. This includes all of the laws that govern how to start, buy, manage and close or sell any type of business. Business laws establish the rules that all businesses should follow. A savvy businessperson will be generally familiar with business laws and know when to seek the advice of a licensed attorney. Business law includes state and federal laws, as well as administrative regulations.
Skills Required to Pursue a Business Law Course
- Clarity in communication
- Excellent communication skills
- Inclination towards research
- Analytical Skills
- Logical Reasoning Skills
- Presentation skills
Courses in Business Law
The path of making a career in law requires a lot of hard work and patience, but it is financially rewarding. Given below is a list of courses offered globally in numerous Universities and Colleges:
- BBA LLB / BA LLB / B.Com in Business Law
- LLM / Post Graduate Diploma / JD /MBA/ MA in Business Law
- LLM /Post Graduate Diploma in Corporate and Business Law
- LLM in International Business Law
- LLM in Business and Economic Law
Career Prospects
There is a significant rise in the demand of Business Lawyers in the Finance sector, Sales tax & Excise departments, Business Houses, Legal Consultancies, MNCs, News Channels, Banks, etc. Listed here are some of the popular job positions offered to successful undergraduate and postgraduates of this program:
- Business Analyst
- Legal Manager
- Business Process Manager
- Legal Advisor
- Business Development Executive
- Financial Lawyers
- Risk Analyst
- Immigration Lawyer
- Loan Officer.