Undergraduate Course: Law for Business (BUST08043)
Course Outline
| School | Business School |
College | College of Arts, Humanities and Social Sciences |
| Credit level (Normal year taken) | SCQF Level 8 (Year 2 Undergraduate) |
Availability | Available to all students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | The aim of the course is to provide students undertaking degrees in business with relevant knowledge in business law. You will gain an appreciation of the legal ramifications of many decisions that business professionals address during working life, developing commercial acumen and advancing your analytical skills. |
| Course description |
Academic Description
This course provides the theory and practice required for a basic understanding in law for business. You will learn about the legal systems and requirements for corporate governance. The curriculum will cover contract, negligence, insolvency, intellectual property and employment law, concentrating on the global application with a practical application in the Scottish legal system. You will also be introduced to a legal analysis of business cases, which will increase your analytical skills and your commercial awareness.
Outline Content
The course covers the essentials of business law as relevant to a range of business disciplines such as accounting, finance, and corporate governance. It makes no prior assumptions as to your knowledge of law and aims to provide you with a practical knowledge of key areas of law that affect corporate decision-making. This includes inter alia the laws governing business transactions, the administration and regulation of companies, and pertinent obligations in intellectual property and employment.
Course syllabus (indicative)
Topic 1 Introduction to the Course and Legal Systems
Topic 2 Business Transactions and the Law of Obligations
Topic 3 Formation and Constitution of Business Organisations
Topic 4 Capital and the Financing of Companies
Topic 5 Management, Administration and the Regulation of Companies
Topic 6 Insolvency Law
Topic 7 Corporate Fraudulent and Criminal Behaviour
Topic 8 Employment Law
Topic 9 Intellectual Property
Topic 10 Business Law in Practice/ Topical Issues
Course content is aligned with the accounting professional body courses for the purposes of professional accreditation. Content is subject to change in line with evolving professional accreditation requirements.
Student Learning Experience
The course will be taught with two hour long lectures delivered weekly, followed by a weekly case analysis workshop. You will be expected to engage in the course by attending the lectures and workshops and engaging in independent reading and learning.
The course will be assessed in two ways:
30% Individual Assignment of 1250 -1500 words, which will be a portfolio analysis of business cases covering topics 1 - 5. This will build upon the material covered during the workshop sessions.
A two hour exam in the period following semester two made up of two sections: 50% MCQs covering whole course; 50% written short and long answers covering topics 6 - 10
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Information for Visiting Students
| Pre-requisites | Visiting students must have at least 1 introductory level Business Studies course and 1 Accounting course at grade B or above for entry to this course. We will only consider University/College level courses. |
| High Demand Course? |
Yes |
Course Delivery Information
| Not being delivered |
Learning Outcomes
On completion of this course, the student will be able to:
- Have awareness and understanding of important aspects of business law, including contract, company, intellectual property and employment law .
- Apply legal knowledge in analysing business issues and make recommendations in accordance with the broader regulatory framework.
- Use legal and analytical skills to convey complex information to a range of audiences.
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Reading List
Essential Texts: Corporate and Business Law - Global ACCA Approved study text (2019) BPP
This provides a global analysis of law in an accessible and accredited format for our A&F students.
However, for specific and more substantial analysis of Scots Law, essential for Learning Outcome 3 titles such as those listed below will be essential:
Scottish Contract Law Essentials 3rd ed (2015) Little
Commercial Law 2nd ed (2016) Combe
Recommended:
Business Law in Scotland 4th ed (2019) Black et al |
Additional Information
| Graduate Attributes and Skills |
Communication
- Interpersonal Communication: Using appropriate communication style through understanding the needs of others and showing empathy.
- Cross-Cultural Communication: Sensitivity and understanding the diversity of people and different situations
Personal and Intellectual Autonomy
- Ethics and Social Responsibility: Ability to recognise and address ethical dilemmas, corporate social responsibility and sustainability issues
- Independent Learning and Development: Self-directed lifelong learning as part of continuing personal and professional development.
Personal Effectiveness
- Commercial Awareness: Displaying commercial acumen and knowledge of current local and global business landscapes, industries, organisations and specific roles
Research and Enquiry
- Analytical Thinking: Ability to analyse, synthesise and methodically appraise thoughts to break down complex problems into manageable components |
| Special Arrangements |
Students studying Accounting should enrol on this course in order to gain full accreditation from the professional Accounting organisations. |
| Keywords | Not entered |
Contacts
| Course organiser | Dr Elisa Henderson
Tel:
Email: Elisa.Henderson@ed.ac.uk |
Course secretary | |
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