Business Law in an International Context
- DegreeMaster of Laws (LL.M.)
- Type of studyFull-time study
- Standard period of study3 semester without internship, 4 semesters with internship
- Commencement of studiesWinter semester (1 Oct)
- Credits (ECTS)90
- Language of instructionGerman / English
- Department / Central InstituteDepartment of Business and Economics
Companies, management consultancies, insolvency administrators and legal companies are always looking to recruit highly-qualified and experienced business lawyers with a specialism in International Law. The modern economy needs creative specialists who can fulfil the requirements of modern companies operating in an international environment.
The Master’s degree programme Business Law in an International Con- text seeks to attract students looking to acquire theoretical and practice-based expertise in German, European and international Business Law. Students will build on a foundation of Business Law, extending their understanding of the transnational legal context and company decision-making practice.
The course combines an academic approach to questions of Business Law with a close understanding of its practical context and the soft skills required for working in an international commercial environment. Selected students with the specialisation Finance can be entered in the double degree programme with ZHAW Zurich University of Applied Sciences.
Applicants should hold a Bachelor’s degree in a Legal or Business Law discipline; admission will also be granted to those having completed the first German State Examination in Law or an equivalent.
Graduates of the course can draw on comprehensive knowledge and expertise in International Company Law and a range of communication skills. They often work in Management Consultancies, in the legal or HR departments of companies, legal companies, receivers, lobby groups or in the social economy
The modules taught in the first semester provide students with the opportunity to attain 30 ECTS. In completing these modules, students deepen their knowl- edge in selected specialist areas. The modules taught in the second semester (30 ECTS) build on the insights gained in the first semester. Both semesters are accompanied by a tutorial seminar. The third semester is intended for the Master’s thesis and the final oral examination.
Students who have gained less than 210 ECTS in their first degree must acquire the missing credits by completing an internship. This extends the regular period of study from three to four semesters.
Corporate Management and Governance deals in detail with selected issues of Company Law (International Company Law, cross-border company formation and the principles of good company management).
International Contract Law and Contract Design comprises German and an International Debt Contract Law, the United Nations Convention
on Contracts for the International Sale of Goods and questions of prospective conflict management (with a focus on contract design).
Corporate Employment Law (taught in English) focuses on Labour Law
issues in international companies including personnel decisions, CSR and Equalities legislation. The seminar Collective Labour Law extends students’ understanding of Labour Management Regulation, Employee Participation and Collective Bargaining Law.
The project and research module provides students with the opportunity
to work together with companies to resolve practical problems or conduct research projects.
Corporate Transactions (English-language, elective) focusses on Mergers and Acquisitions, Initial Public Offering, Securitization, Take-Overs, Leveraged Buyouts and Project Financing.
Restructuring and Risk Management focusses on Risk Management, Insolvency Law, Capital Measures in Company Law and Restructuring Loans.
Contract Design in Labour Law concentrates on the design of employment contracts and working time and remuneration models.
European Competition and Intellectual Property focuses on questions of competition control, Public Procurement Law and the protection of Intellectual Property.
Students can also specialize in Human Resources or Financing in the first two semesters:
Students take one of the modules Performance and Reward Management or Training and Development and drop one of the three modules not related to Labour Law in the second semester.
Students take the module International Corporate Finance and Financial Analysis and drop the modules pertaining to Labour Law in the first semester or one of the four modules of the second semester.
- an undergraduate law degree (Bachelor or German Diploma degree) or the first State Examination in Law or a comparable qualification from a recognized university,
- at least 210 credit points. Applicants with 180 credits will be required to obtain the additional 30 credits by completing a placement in the third semester (the programme will then last four semesters),
- evidence on having completed undergraduate courses in BGB, Law of Obligation, Labor Law, Corporate Law, Constitutional Law and Insolvency Law (or equivalent topics),
- English language skills on a high B2 level proved by a standardised test, e.g. TOEFL (iBT minimum score 83), IELTS (minimum score 6.0), TOEIC Four Skills (minimum score 1200), PTE Academic (minimum score 67), Cambridge English Scale (minimum score 170), Oxford Test of English (minimum score 126), UNIcert II
- excellent German language skills (for applicants who do not have German as a first language) on a high B2 level on the CERF (Common European Reference Framework),
- letter of motivation and CV in English
Students who acquire less than 210 European Credit Transfer System [ECTS] points in their basic course of studies must obtain the missing credit points by way of an integrated period of practical training, for which 30 ECTS points are available, at the end of the theoretical phase and before completion of studies. Students who have obtained 210 ECTS points in their basic course of studies and have already concluded a period of practical training can undertake a (further) period of practical training on a voluntary basis. Students who obtain no ECTS points during their basic course of studies (mostly non-EU applicants) need not complete a period of practical training.
Fees and grants
- Tuition fees
ca. € 300 per semester (incl. local transport semester ticket)
Information for prospective students
Student Counselling Services
Student advisory service
Department of Business and Economics
Department of Business and Economics
Prof. Dr. Stefanie Lorenzen
Professor of economic law, especially industrial law and social legislation