Study Business Law in the UK
Examine the relationship between law and business by studying a business law degree
Business law provides the legal framework that governs commercial transactions, ensuring fairness, accountability, and stability in the business world. Studying business law equips individuals with the knowledge and tools to navigate complex legal issues and make informed decisions in various business contexts.
Key topics covered in business law include contract law, which governs agreements between parties; corporate law, which deals with the formation and operation of companies; intellectual property law, protecting innovations and creativity; employment law, safeguarding the rights of employees and employers; and international trade law, regulating global commerce. Additionally, business law encompasses areas such as taxation, antitrust, and environmental regulations.
Understanding business law is essential for entrepreneurs, business managers, and legal professionals to ensure compliance with regulations, minimise legal risks, and foster ethical business practices, contributing to businesses' overall success and sustainability.
Types of Business Law Course
Bachelor of Business Law
A Bachelor of business law is an undergraduate programme that equips students with a strong foundation in business and legal principles. The curriculum includes subjects such as contract, corporate, employment, and commercial law. Students also explore areas like ethics, international trade, and intellectual property rights. Studying business law in the UK offers a unique opportunity to learn in a legal system renowned for its global influence. It often involves interactive classes, case studies, and internships, providing practical insights into the legal aspects of the business world.
- Course fees: £12,000 to £30,000 per year
- Course duration: 3-4 years
- International entry requirements: Typical entry requirements for international students are 34 points for the international baccalaureate, AAB grades for A-levels, and a Pearson Test of English (PTE) score of 76 overall.
Master’s of Business Law
A master's in business law, often called an LLM (master of laws) in business law, is a postgraduate programme that delves into the legal aspects of the business atmosphere. In the UK, prestigious universities like the University of Cambridge, the London School of Economics, and the University of Oxford offer this programme.
Students can expect to explore advanced topics such as mergers and acquisitions, financial regulation, and international trade law. The course typically involves research projects, seminars, and interactions with legal experts, preparing students for corporate law, compliance, or business consulting careers. It's an excellent choice for those seeking expertise at the intersection of law and business.
- Course fees: £24,500 to £45,000 per year
- Course duration: 1-2 years
- International entry requirements: You typically need a UK bachelor's degree with a first or upper second (2.1) classification in law or its overseas equivalent, a Pearson Test of English (PTE) score of 76 overall, or an International Baccalaureate (IB) score of 34.
PhD in Business Law
A PhD in business law is the highest level of study in this field. Students dive deep into complex legal matters related to business. Expect to research and write extensively, tackling big questions in areas like corporate governance, international business law, or intellectual property.
You'll work closely with experienced professors, contribute new knowledge to the field, and may even teach. Key topics include advanced contract law, competition law, and emerging business legal issues. It's a challenging but rewarding journey for those who want to shape the future of business law through research and expertise.
- Course fees: £20,000 - £27,000 per year
- Course duration: 2-3 years
- International entry requirements: A bachelor's (honours) degree in a related field with a 2:1 or higher and a relevant Master's degree with an average of 65% or above. PTE score: 76 overall and IB score of 34.
Business Law Scholarships
Studying business law in the UK offers intellectual growth but can be financially challenging, especially for international students. Fortunately, several scholarships to study in the UK are available to ease this burden, providing valuable support for pursuing business law degrees.
- LLB and LLB for Grads International Student Scholarship (University of Birmingham)
The University of Birmingham extends the LLB and LLB for Grads International Student Scholarship, a well-established programme dedicated to assisting undergraduate students from around the world. Recipients of this scholarship receive an annual award of £3,000, which is applied as a fee reduction, making it more affordable for international students to become part of Birmingham's dynamic academic community.
- International LLM Scholarship (Sheffield University)
Sheffield University offers two International LLM Scholarships, each providing a £4,000 contribution towards tuition fees. To qualify, applicants must be international students in terms of fee status, hold an academic offer for the full-time LLM programme, and have an application number.
- Kalisher Trust Scholarship (LLM) - University of Birmingham
The Kalisher Trust is dedicated to supporting aspiring students pursuing a career in the Criminal Bar. This scholarship is designed specifically for home-status students pursuing an LLM at the University of Birmingham. It covers full tuition fees and includes a bursary of £6,000, making legal education accessible to those who may face financial barriers.
- Hodgson Law Scholarship - University of Liverpool
The Hodgson Law Scholarship made possible through the generous support of Elizabeth Hodgson, aims to facilitate the education and training of lawyers who can contribute to the betterment of Merseyside. This scholarship covers full tuition fees for a full-time postgraduate taught degree in law (LLM) and also provides a stipend of £9,207.
- Norman Palmer Partial Scholarship (Queen Mary)
For those interested in specialising in art, business, and law through an LLM programme, Queen Mary University offers the Norman Palmer Partial Scholarship. This scholarship offers a 1/3 reduction in tuition fees, making the programme more accessible to eligible students. It is available for full-time study only, with an application deadline typically set for May 1st each year.01622
Business Law Jobs and Careers
The below business law careers offer a range of opportunities for individuals with a degree, each focusing on different aspects of legal and business matters with varying salary levels and responsibilities.
| Job Title | National Average Salary | Primary Duties |
|---|---|---|
| Corporate Lawyer | £44,000 per year | Represent clients in court, prepare legal documents, provide legal advice to businesses, and research legal cases. |
| Financial Analyst | £56,000 per year | Offer financial advice, conduct market research, recommend investments, and ensure compliance with financial regulations. |
| Human Resources Manager | £55,000 per year | Oversee HR operations, create policies, ensure legal compliance, recruit and train employees, and facilitate communication. |
| Corporate Paralegal | £57,000 per year | Assist lawyers in business law, draft legal documents, conduct research, and stay updated on business laws and regulations. |
| Employee Relations Manager | £57,500 per year | Support employees, improve HR policies, maintain communication, and manage employee support programmes. |
| Compliance Officer | £60,000 per year | Ensure company compliance with laws, review records, develop procedures, and collaborate with authorities on regulations. |
| Judge | £76,000 per year | Preside over cases, specialise in administrative law, and decide on labour relations and employment regulation cases. |
| Intellectual Property Paralegal | £77,000 per year | Assist in trademark and patent processes, prepare paperwork, and conduct research on copyrights, patents, and trademarks. |
| Litigation Attorney | £82,000 per year | Handle civil court cases, negotiate in business disputes, evaluate partnerships, and respond to claims from former employees. |
| Policy Manager | £84,000 per year | Oversee organisational policies, design and implement new policies, and ensure compliance with laws and regulations. |
Business Law Salary
Entry-level business lawyer salaries may start at around £20,000 to £30,000 per year, while experienced corporate lawyers or legal advisors can earn significantly more, ranging from £40,000 to £100,000 or more annually. Salaries often depend on factors like experience, location, and the specific role within the field of business law.
Where can I study Business Law in the UK?
To learn more about the best business law courses in the UK, find details on the top ten ranking Law universities in the Guardian University Guide 2024 below:
- University College London
- University of Cambridge
- University of Oxford
- King's College London
- London School of Economics
- University of Glasgow
- Durham University
- Solent University
- Leeds Trinity University
- University of Warwick
Study Business Law in the UK
If you are interested in studying business law in the UK, arrange your free consultation with SI-UK today.
Business Law FAQ
What degree is best for business law?
The best degree for business law is typically a bachelor of law (LLB) or a juris doctor (JD) degree. These degrees provide the foundational legal knowledge you'll need to specialise in business law later on. Some students also choose to pursue a Bachelor's degree in business-related fields like business administration or finance before going to law school.
Is business law easy or difficult?
The difficulty of business law can vary from person to person. Some find it challenging due to the complex legal concepts and extensive regulations, while others may find it manageable with dedication and interest. Like any field of study, your commitment and passion for the subject can significantly affect whether you find it easy or difficult.
Is maths compulsory for business law?
Mathematics is not typically a compulsory requirement for studying business law. While some basic math skills can be helpful for certain financial aspects of business law, it's not a primary focus. Business law primarily involves understanding legal principles, contracts, corporate structures, and regulatory matters.
Which are the best universities for business law?
Several universities around the world are renowned for their business law programmes. Some top institutions known for their strong business law programmes include the University College London, the University of Cambridge, King’s College London, the University of Oxford, the University of Glasgow, and the London School of Economics
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