Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Information on Master’s Degree Programs in Business Law

Majors Overview October 6, 2015

This article talks about master’s degree programs in business law and their education requirements, coursework, career choices, job and wage outlook, and continuing education choices.

Information on Master’s Degree Programs in Business Law

Schools typically offer master’s degree programs in business law as a joint Master of Business Administration (M.B.A.) and Juris Doctor (J.D.) or in the lesser-known form of Master of Laws (LL.M.).

Joint Master of Business Administration (M.B.A.)/ Juris Doctor (J.D.) Programs

Two degrees are earned by enrollees via this business law program. The focus of the MBA is on the business portion of the program while the focus of the JD is on the law portion. Some schools also allow MBA/JD students to pursue taxation among other specialties. Students usually take 3-4 years to complete these programs; thereby, students save a year in obtaining the degrees.

Education Requirements

Admission criteria typically require incoming students to apply to two different colleges within a university for admission to each program. Students are expected to have a bachelor’s degree from an accredited university or college, and an undergraduate major in a particular area, such as business or accounting, may be required in some schools. The LSAT is also a requirement in most law schools.

Coursework

Program coursework that encompasses all courses required for each degree emphasizes law courses, which comprise 80 hours of study as against 22-54 hours in business-related courses. Core coursework for JD programs feature:

•International business and economics
•Team dynamics
•Financial accounting
•Managerial Economics

Core coursework for MBA programs feature:

•Contracts
•Criminal law
•Constitutional law
•Civil procedure
•Torts and property
•Legal research and writing

Career Choices

Program graduates can pursue available job positions such as:

•Corporate litigator
•Arbitrator
•International trade specialist
•Labor relations specialist
•Contract administrator

Continuing Education Choices

Practicing lawyers must gain licensure in their state of practice. Requirements can vary by state for Mandatory Continuing Legal Education (MCLE), which may typically require 8-15 continuing education hours every year. While there is no compulsion to fulfill continuing education requirements in business, students can avail courses in business specialties, such as accounting, as well as in general business.

Master of Laws (LL.M.) Programs

Students who have already earned a JD can specialize in areas such as international business law, corporate law, or environmental law by enrolling in Master of Laws (LL.M.) programs. There is no defined coursework in some LL.M. programs, and students are consequently allowed to tailor their coursework. LL.M. programs usually span a year.

Coursework

Core coursework may cover topic areas such as:

•International litigation
•Business strategies
•Business regulations around the world
•Bankruptcy
•Banking regulations and laws
•Arbitration
•Management statistics
•Business associations
•Corporate finance

Job and Wage Outlook

Over the 2012 – 2022 decade, an average job growth rate of ten percent has been predicted for lawyers (U.S. Bureau of Labor Statistics). In May 2012, lawyers brought in an average annual wage of $113,530 (BLS).

Showing schools in your area

Matching School Ads
3 Program(s) Found
  • Enhance your skills and prepare for a rewarding career in criminal justice. Apply to Grand Canyon University!
  • Bachelor's and master's degrees offered conveniently online and on campus to fit your needs.
  • Become a legal expert and preserve a healthy community surrounded by safety, security and justice.
  • Build legal-related skills in crime analysis, strategic planning and law enforcement to meet community demands.
  • Help professionals in law enforcement address issues in public policy, social research and justice administration.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • View Associates, Bachelors or Graduate Degree Programs in Criminal Justice and Law Near YOU!
  • Enter YOUR Needs and Requirements and Get Matched to the Perfect Campus or Online Degree Programs for You.
  • Free information for Crime Scene Investigation, Forensic Psychology, Homeland Security, and Law Enforcement Degree Programs and MORE.
  • Accredited, Flexible Criminal Justice and Law Degree Programs to Fit Your Time and Budget. Use our Matching Service - It's Easy and FREE!
  • Online Courses

Showing schools in your area

Matching School Ads
3 Program(s) Found
  • Does Justice Studies and Criminal Justice interest you? Study these subjects and earn your Bachelor or Master of Science degree from Grand Canyon University!
  • Pursue or expand on your career in law enforcement, government, social work, or political science.
  • Convenience: Bachelor's courses can be completed online, on campus, or a combination of both! Master's courses can be completed online!
  • Earlier Graduation: Our 4-credit courses allow you to complete your degree program in less time.
  • Transfer Friendly: We will request your transcripts, evaluate your graduate coursework, and determine your anticipated graduation date within 24 hours. 
  • Quality: Grand Canyon University was founded in 1949 and is regionally accredited. Speak to an enrollment counselor today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Looking for an Online Criminal Justice Degree Program That May Improve Your Career Options?
  • EarnMyDegree.com Can Help You Match Your Educational Goals With Your Desired Career.
  • Whether You Are Looking to Earn a Degree Online, or Study at a Nearby Campus, This Is The Place to Connect With a College That May Be Ideal for You.
  • Browse Through Our List Of Online Colleges and Traditional Schools to Determine Potential Places to Earn a Degree NOW!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!