With the expansion of business development in Palestine and the evolution of the concepts of private and entrepreneurial businesses, along with the development of domestic and international trade, the need for specialists in the field of business and corporate law, commercial activities, intellectual property, and trademarks has become crucial and essential. In addition, there is a severe need for research programs and activities related to complex business law issues, intellectual property, consumer rights, and others, all of which can be covered by the MA in Business Law.
“Business Law” refers to the laws applied to commercial entities, such as partnerships and companies. It is usually considered a branch of private and public law, as it deals with issues and matters related to both. Before engaging in any commercial activity, it is essential to understand the laws governing commercial activities being negotiated.
Business Law governs company transactions, including issues related to company formation, litigation, contract formation, mergers and acquisitions, commercial leasing, and consumer protection. It primarily deals with defining rights and responsibilities rather than implementing laws. Business law also includes many interrelated issues, and “Commercial Law” determines the fundamental rules for commercial transactions.
Several specific legal areas have evolved to be included within the scope of Business Law. These include banking services, bankruptcy cases, consumer credit, contract formation, relationships between lenders and borrowers, property mortgages, tradable financial bonds, real estate transactions, and guaranteed transactions.
Businesses are conducted in various and diverse ways, and those mentioned above are just a sample of commercial transactions governed by Business Law. This includes contract formation, mergers and acquisitions, leasing, and more. The process of how these deals are concluded is governed by Business Law. Furthermore, company formation plays a significant role in Business Law, as this legal field deals with determining company rights and responsibilities rather than enforcing these laws.
Given the extensive scope, Business Law has given rise to numerous subcategories within the legal practices, including sales transactions, guaranteed transactions, banking services, relationships between landlords and tenants, property mortgages, real estate transactions deals, relationships between creditors and debtors, bankruptcy cases, consumer credit, and tradable financial bonds.
Business Law and “Commercial Law” have a very close relationship. The two terms are even used interchangeably. Moreover, the legal issues dealt with by each law intertwine with those of the other, making the role of Commercial Law significant as the governing authority for commercial transactions. Additionally, the program aims to provide specialized knowledge and research, as well as practical skills for graduates of law and professionals in the private and public sectors, especially those working in private companies such as construction, real estate, and insurance companies, as well as banks, financial markets, and monetary institutions. The program will also cater to the needs of the public sector for specialists in this field.
This program is unique in being the only one in Palestinian universities. It will meet the need of students holding a bachelor’s degree in law in the country to specialize in this field, which covers a rich set of courses in commercial law, insurance, financial and entrepreneurship issues, intellectual property rights, trademarks and real estate property. Postgraduate programs at other local universities focus on different aspects of legal sciences, which makes this program integrate with the disciplines offered by other universities to meet the Palestinians’ needs for higher education.
The program will provide universities, private sector companies, the private sector, the public sector and research centers with qualified specialists. It is essential to note the scarcity of research at the graduate level in the field of business law and the urgent need of society for these studies and research.
The program will provide the opportunity to exchange experiences, professors and students with foreign universities. It also contributes to improving the legal environment by providing some chances for holders of Bachelor of Laws to complete their higher education to obtain a master’s degree as well as highly qualified graduates who occupy public tasks in official and civil society institutions to establish the rule of law and to popularize the legal culture.
With the development of the concept of entrepreneurship and the presence of business incubators and accelerators, as well as centers for taking care of creative ideas, the need for the existence of consultants, researchers and specialists in the field of business law has become an important issue. Based on the consultations that the Faculty of Law constantly undertakes on the local and the neighboring Arab markets basis, there is a strong need for these specialists.
General Goals:
The program seeks to bridge a knowledge, research and application gap among law graduates, especially among those working in the private and public business sector, whether in the commercial companies sector such as contracting companies, real estate companies or insurance companies, as well as the case related to banks, financial markets and monetary institutions, in addition to meeting the needs of the public business sector from specialists in this promising field.
Specific Goals:
• Providing highly specialized and in-depth graduates in Business Law, encompassing various laws related to business activities.
• Preparing competent specialized professionals capable of self-reliance and providing expert advice in public and private Business Law.
• Reinforcing students’ research tools and methodologies, preparing them for further studies at the Ph.D. level.
• Contributing to a deep understanding of phenomena, fields, and issues related to regulation and standardization through legislation assigned for this purpose and enhancing the understanding of legal regulation justifications.
• Delivering the public, private, and civil sectors with specialists in Business Legislation.
• Equipping legal and consulting professionals working in public and private sectors with new legal knowledge related to their daily work.
• Devoting a model of specialized education in precise disciplines and graduating qualified experts to work in specific fields of specialization.
A. Knowledge and Understanding: Graduates are expected to:
• Explain the principles, concepts, and values specifically related to the business sector.
• Identify negotiation methods and contract drafting in the context of business.
• Illustrate scientific research methods and specialized legal knowledge sources.
• Comprehend Business Laws, Commercial Laws, Trademarks, and Intellectual Property Laws.
B. Cognitive Skills: Graduates are expected to:
• Evaluate and criticize Business Laws and legal phenomena related to this area.
• Discuss public and private commercial disputes and provide legal solutions and perspectives.
• Differentiate between various legislations related to business and their philosophy within the field.
• Distinguish between contract types, agreements, documents, and bonds in Business Law.
• Critically review scientific research and studies presented in this field.
C. Practical Skills: Graduates are expected to:
• Apply theoretical legal knowledge to real and virtual cases.
• Apply judicial procedures and offer necessary advice for resolving disputes in practical and virtual issues.
• Conduct research, papers, and articles in all branches of Business Law.
• Provide legal consultations and draft contracts.
• Interpret judicial decisions, arbitration, and mediation related to commercial and business disputes.
D. Transferable Skills: Graduates are expected to:
• Apply the acquired principles and basics in fields requiring specialized Business Legislation expertise.
• Collaborate effectively with others.
• Support team culture and group leadership.
• Demonstrate personal responsibility by managing multiple tasks in complex activities.
• Employ technological skills in the workplace.
E. Communication and Information Technology Skills:
Graduates are expected to:
·Utilize and apply technology in the workplace.
·Utilize computers and software, especially for communication and identifying global updates in the specialization field.
·Publish legal culture and surrounding information through research and awareness-raising articles for society.
·Communicate effectively.
F. Behavioral and Ethical Skills:
Graduates are expected to:
·Comply with the law and professional ethics with any party, whether private or governmental.
·Respect and adhere to the profession and scientific research in the field of specialization, as compelled by its ethical standards.
·Be prepared to work and serve the local community, considering their different characters and behaviors.