LLM in Corporate Law
The LLM in Corporate Law provides an in-depth knowledge of the legal, economic, financial, and governance matters covering the most relevant aspects in the life-cycle of a corporation.
This innovative programme goes beyond a narrow focus on legal rules and situates the study of corporate law in a wider comparative and interdisciplinary context. As a student of this programme, you will have the opportunity to develop a critical understanding of the key matters and the most recent developments in across three main areas:
- Comparative and international corporate governance, including topics such as shareholder activism, the role of independent non-executive directors, the representation of employees on boards, board gender diversity, corporate culture, corporate governance codes
- Economic analysis of corporate law and finance, covering topics such as economic theories of the firm, shareholders’ rights, directors’ fiduciary duties, executive remuneration, hostile takeovers, corporate social responsibility
- UK company law, focusing on a broad range of core company law topics, from setting up a company, to shareholders’ rights and remedies, directors’ duties, capital maintenance rules, insider dealing and market abuse
The LLM in Corporate Law will equip you with:
- A critical understanding of the main legal, economic and financial matters spanning the entire life-cycle of a corporation, developed in an international and interdisciplinary perspective
- A sound understanding of fundamental concepts of economics and governance which are necessary for an integrated understanding of the context in which corporate law and regulation operate
- The ability to work with international legal materials and to grasp the legal implications of transactions involving international institutions and multinational corporations
Through the LLM in Corporate Law, I have attained great insights into the history of corporate laws and the tools to tackle the emerging challenges in the corporate landscape.
Our diverse portfolio of courses will help you gain awareness and critical understanding of the latest developments in the corporate world, from shareholder opposition to excessive executive remuneration, the relevance of gender and racial diversity on boards, the rise of corporate social responsibility, the importance of corporate culture, or the rationales behind hostile takeovers.
We analyse some of the most recent developments in these areas in the UK, the US, and elsewhere in the world. This gives you the opportunity to identify the aspects or areas of corporate law you feel more passionate about, and help you choose your career path accordingly. Our graduates have moved on to pursue successful careers in international law firms, public institutions, NGOs, or in the academia.
The Vis Arbitral Moot
Students on the LLM in Corporate Law are encouraged to enter the annual Willem C. Vis International Commercial Arbitration Moot, a very prestigious international moot court competition for law students. It is designed to foster the study of international commercial law and arbitration for the resolution of international business disputes by arbitration.
Anton Yakhimovich, 2017
The spectacular diversity of curriculum options and multicultural studying environment with an add-on of true experience of English law, and the School of Law staff whose amazing passion for teaching and overall helpful attitude to students brings about the true flavour of the legal academic experience.
As a student in the LLM in Corporate Law at Edinburgh Law School, you will have access to a wide range of projects and activities developed by our research centres:
- The Edinburgh Centre for Commercial Law fosters research in various fields of commercial law, such as company law, banking law, labour law, agency law, and consumer protection law. The members of the centre study Scots and UK commercial law in its comparative European or international context.
Edinburgh Centre for Commercial Law
- The Edinburgh Centre for Private Law fosters and develops a tradition of private law scholarship at Edinburgh University which goes back to 1722. The centre holds seminars, symposia and conferences, encourages research and informal discussion, and facilitates publication.
The Edinburgh Centre for Private Law
The LLM in Corporate Law also has a Facebook Page where the Programme Director, Dr Remus Valsan, regularly posts updates on various comparative corporate law and governance matters.
The centre hosts numerous events throughout the academic year, including a prestigious Annual Lecture and a Fintech Lecture. Our distinguished guests include world-leading academics, policy makers, judges, and other practitioners.
In addition, the Law School hosts an exciting calendar of events, including public lectures and conferences that regularly attracts high-profile speakers and delegates.
If you have any questions about the LLM in Corporate Law please don't hesitate to contact us.
This programme can be taken full-time over one year, or part-time over two years (due to current UKVI regulations, the part-time programme is only available to UK and EU students). It offers a range of subjects across the field of corporate and commercial law from an international perspective, allowing you to tailor the programme to suit your interests.
The programme consists of 180 credits, comprising taught courses worth 120 credits (60 credits per semester) and a 10,000 word dissertation worth 60 credits.
Full programme details are available on the University Degree Regulations and Programmes of Study website.
Courses shown below are scheduled to run in the 2019/20 academic year. With the exception of the compulsory courses, and depending on demand, space on specific courses may be limited.
You must take both of these courses:
- Comparative Corporate Governance (20 credits)
The course focuses on the theory, law and practice of the governance of corporations across different jurisdictions. Corporate governance regulates the relationships between various corporate constituencies (directors, officers, majority and minority shareholders, employees, creditors) with a view to establishing an adequate system of controls that prevents any single corporate constituency from acquiring overriding power or influence. Because legal systems rank social priorities differently, several models of corporate governance have emerged worldwide. Consequently, comparative knowledge and understanding of corporate governance are essential tools for business lawyers and policymakers.
Throughout this course, you will acquire a comprehensive knowledge and understanding of the main theoretical approaches to governance of companies in the Anglo-American model of corporate governance, the continental European model, Asian jurisdictions and at supra-national level (such the OECD, the European Union, the UN).
- Corporation Law and Economics (20 credits)
The activity of business corporations cannot be fully understood without a firm grasp of the economic rationales that underpin the internal structure of such organisations and the transactions they engage in. This is why Law and Economics is rapidly becoming indispensable analytical tool for mainstream corporate law and practice.
Throughout this course, you will acquire a comprehensive knowledge and understanding of the principal theories, principles and concepts that underlie the law and economics analysis of corporations. Upon successful completion of this course, students will acquire an inter-disciplinary understanding of the relations among corporate constituencies and the economic incentives that trigger various business transactions.
This course does not require previous knowledge of Economics or ability to understand mathematical models or calculus. The readings and discussions are tailored to a law audience.
You must select between 40 and 80 credits of the following courses:
- Company Law (40 credits)
This course aims to give you a broad understanding of United Kingdom corporate law, including current changes; where appropriate, reference will be made to the position in Europe. The course seeks to develop awareness of the interaction between theory and practice, and the complex issues involved in balancing the needs of business and the community and encourages you to consider the problems involved.
- Corporate Social Responsibility and the Law (20 credits)
Corporate social responsibility, once seen as just a matter of voluntary good practice, or indeed PR, has now become very much a legal issue. Company law has begun to adopt a wider framework than the traditional focus on directors duties to shareholders. International human rights law explicitly brought corporate responsibility into its domain. Private law is increasingly used to enforce what were once seen as voluntary or extra-legal commitments. The result is a widening of the legal concept of corporate responsibility and with it, both the legal accountability and the legal liability of business, nationally and internationally.
- The Law of International Trade (40 credits)
This course examines the legal aspects of international trade in a broad context. The legal framework of the course is English law as well as the relevant international conventions and standard terms. The course examines international sale of goods which are transported by ship/road/air with emphasis on sea transport. It investigates the trade terms used in international sale contracts (in the context of English common law and Incoterms in particular) and analyses the resulting obligations of the parties regarding payment methods (with emphasis on letters of credit and bills of exchange), transportation of the goods (focusing on bills of lading and waybills) and marine cargo insurance in the manner in which these relate to one another. Due to the international nature of each of these transactions the relevant aspects of international private law and dispute resolution are examined.
You can select between 0 and 40 credits of the following courses:
- European Labour Law (20 credits)
The course is designed to introduce students to EU Social Policy, EU Labour Law and the overall importance of European Social Policy.
This will include an overview of a range of topics which comprise the subject of European labour law, including European equal treatment law, European equal pay law, family-friendly policies, the protection of part-time and fixed-term employees, the regulation of working time and the safeguards for employees on the restructuring of an undertaking.
This course is particularly suitable for students who would like to practice employment law as a practising lawyer, work as a human resources professional or work in-house as a practising lawyer for a company.
Students from this course go on to work as employment lawyers, human resources professionals or consultants.
- Insolvency Law (20 credits)
An examination of selected issues of insolvency law, including personal and corporate insolvency. The course will primarily focus on law within the United Kingdom and will take an advanced look at a variety of topics. Theoretical and comparative law material from a variety of systems (in Europe and the anglo-american tradition) will be used to examine the subjects studied.
- International and European Media Law (20 credits)
This course will examine the impact of International and European law on, firstly, the structure of media markets and, secondly, the content of media services. The course will start with a discussion of the nature of the media, the media 'value chain', and the relationship between media freedom, freedom of expression and other human rights. It will examine the various international organisations competent in the media field and the regulatory strategies that are being adopted to deal with media convergence and globalisation. In relation to structural matters, consideration will be given to consolidation of media ownership and state funding of the media, in particular public service broadcasting. In relation to content controls, the course will examine attempts to create a more equitable flow of media content and concerns over 'media imperialism', the regulatory problems posed by pornography and hate speech and the balance to be struck between freedom of the media and privacy.
- Principles of Corporate Finance (20 credits)
This course aims to develop a critical understanding of the principles of corporate finance law, with a special focus on some key subject matters of corporate finance: Formation of Capital, Share Capital Maintenance, Corporate Takeovers, The Floating Charge, Private Equity, and Market Abuse.
Students taking this course will discuss the mechanics, structuring, and legal aspects of the selected topics. Throughout this course, students will acquire comprehensive knowledge and understanding of the principal theories, principles and concepts that underlie the corporate finance law.
You will have the option to take between 0 and 20 credits of courses from different subject areas offered by the Law School, depending on availability and with the express permission of the Programme Director.
Full programme details, including core and optional courses is available on the University Degree Programme Tables website.
Having successfully completed 120 credit points of courses within the LLM, you will be ready to move onto a single piece of independent and in-depth research. The 10,000 word dissertation allows you to focus on a preferred topic from within the field of corporate law, normally based on a subject you have studied in one of your courses during programme.
You will be assigned an academic dissertation supervisor who will provide you with support and guidance while you prepare and write your dissertation.
The dissertation is a challenging but rewarding endeavour, asking you to demonstrate a comprehensive grasp of the relevant literature and an ability to engage critically with a range of sources, drawing on the skills and knowledge you have developed during the course of the programme. Students are encouraged to show originality and evidence of independent thinking, whether in terms of the material used, or the manner in which it is presented.
The dissertation is written in the summer months (April to August) after the taught courses are successfully completed.
Please note that we cannot guarantee all of these courses will run in 2019/20. Although we aim to run all the courses as stated, unforeseen circumstances may mean that a course may not be available once the semester begins.
If you have any questions about the LLM in Corporate Law please don't hesitate to contact us.
Staff teaching on the core courses of the LLM in Corporate Law in 2019/20 are experts in their field and are actively involved in cutting-edge research in various areas of commercial law.
Staff teaching on the programme will include:
Remus joined Edinburgh Law School in May 2011. He studied law at McGill University, Montreal (Doctor of Civil Law), University of Alberta, Edmonton (Master of Laws), and Nicolae Titulescu University, Bucharest (Bachelor of Civil Law).
Before joining academia, he worked as a corporate and commercial lawyer with a major Romanian law firm. His main research interests lie in the fields of fiduciary law, comparative corporate law and governance, law and economics, and trust law.
Parker Hood is a lecturer in Commercial Law, whose research interests include banking law, company law, the law of obligations and general commercial law. He is the author of a monograph on bank liability, Principles of Lender Liability (Oxford University Press), which was published in October 2012.
Simone Lamont-Black (née Schnitzer) qualified as civil lawyer in Germany where she practised law as Rechtsanwältin for several years. She specialises and researches in the (private) law of international trade and carriage of goods and has a keen interest in international commercial dispute resolution. She also established the Edinburgh Willem Vis Moot Team and Moot Module and the annual Edinburgh Willem Vis Pre-Moot.
Dr Cerioni joined the Law School in 2015. Before entering academia Luca was a practising member of the Italian chartered accountancy and tax consultancy professional body. His research interests include international tax competition and international tax avoidance; EU tax policy developments.
Dr Ruiqiao Zhang joined Edinburgh Law School in 2015. Her research and teaching interests include civil and commercial law, focusing in particular on trust law, company law, corporate finance, property law, contract law, and international trade law.
The staff teaching on this programme are subject to change for 2019/20. Staff listed as on sabbatical will not be available to teach for the duration of the sabbatical.
If you have any questions about the LLM in Corporate Law please don't hesitate to contact us.
We require a minimum UK 2:1 honours degree, or its international equivalent, in law. Applications from strong candidates with a degree in a related discipline which includes relevant prior study will also be considered, with high achievement in corporate law subjects at degree level and relevant professional experience.
Entry to this programme is competitive. Meeting minimum requirements for consideration does not guarantee an offer of study.
If you have a non-UK degree, please check whether your degree qualification is equivalent to the minimum standard before applying.
Postgraduate study in the field of law requires a thorough, complex and demanding knowledge of English, so we ask that the communication skills of all students are at the same minimum standard.
Students whose first language is not English must therefore show evidence of one of the following qualifications below:
- IELTS: total 7.0 (at least 6.5 in each module).
- TOEFL-iBT: total 100 (at least 23 in each module).
- PTE(A): total 67 (at least 61 in each of the Communicative Skills sections).
- CAE and CPE: total 185 (at least 176 in each module).
- Trinity ISE: ISE III (with a pass in all four components).
Your English language certificate must be no more than two years old at the beginning of your degree programme.
We also accept an undergraduate or masters degree, that was taught and assessed in English in a majority English speaking country as defined by UK Visas and Immigration (UKVI). The UK Government's website provides a list of majority English speaking countries.
We also accept an undergraduate or postgraduate degree, or equivalent, that has been taught and assessed in English from a university on our list of approved universities in non-majority English speaking countries.
If you are not a national of a majority English speaking country, then your degree must be no more than three and a half years old at the beginning of your programme of study.
Your application may not be successful if you do not currently satisfy any of these requirements; alternatively, you may be offered a place conditional on your reaching the satisfactory standard by the time you start the degree.
The University runs a series of programmes for English Language Education, including a pre-sessional English Language Programme intended to strengthen your English Language skills before you start your programme of study.
If you have any questions about our entry requirements please don't hesitate to contact us.
We recommend that you apply as early as possible; this is particularly important for students holding conditional offers (for example, you may need to allow sufficient time to take an English language test) and for overseas students who may need time to satisfy necessary visa requirements (for further, country-specific information, please consult the website of the University's Edinburgh Global) and/or to apply for University accommodation.
Applications to this programme for September 2019 entry are now closed. Applications for September 2020 entry will open in early October.
Applications to this programme closed on 11 April due to high demand.
We aim to review applications and make selection decisions throughout the cycle and we monitor application numbers carefully to ensure we are able to accommodate all those who receive offers. It may therefore be necessary to close a programme earlier than the published deadline and if this is the case we will place a four-week warning notice on the relevant programme page.
Applications are made online via the University Application Service, EUCLID.
Please follow the instructions carefully and make sure that you have included the following documentation with your application:
- Degree certificates showing award of degree.
- Previous academic transcripts for all past degree programmes (please upload the full transcript showing results from all years of study).
- A reference in support or your application. The reference should be academic and dated no earlier than one year from the start of study on the LLM programme.
- Evidence of English language proficiency, if required.
If you are currently studying for your degree or you are not in a possession of an English test result you may still apply to the programme. Please note that it is your responsibility to submit the necessary documents.
After your application has been submitted you will be able to track its progress through the University's applicant hub.
Application processing times will vary however the admissions team will endeavour to process your application within four to six weeks of submission. Please note that missing documentation will delay the application process.
You will be informed as soon as possible of the decision taken. Three outcomes are possible:
- You may be offered a place unconditionally
- You may be offered a conditional place, which means that you must fulfil certain conditions that will be specified in the offer letter. Where a conditional offer is made, it is your responsibility to inform the College Postgraduate Office when you have fulfilled the requirements set out.
- Your application may be unsuccessful. If your application has not been successful, you can request feedback from us or refer to our guidance for unsuccessful applicants, which explains some of the common reasons we why we reach this decision.
View the University's guidance for unsuccessful applicants
You can find full and detailed application guidance on the University's website.
The University’s terms and conditions form part of your contract with the University, and you should read them, and our data protection policy, carefully before applying.
If you have any questions about applying to the LLM in Corporate Law please don't hesitate to contact us.