Lawyers used to only deal with the law. Advise your client on the rules, if need be litigate, and you do a good job. In our changing world, this is no longer true. For lawyers to live up to the expectations of clients and society, they need to have broader skills. Lawyers also have to understand the underlying economic principles of transactions and procedures they are involved in. Behavioral perspectives are key in dynamics such as the governance of a company, mergers and acquisitions and the formation of contracts. Global economic shockwaves have demonstrated that rules alone do not suffice; we need to think about ethics as well. In other words: lawyers will fall short by just knowing the legal rules, even if they know them well.
This Masters programme delivers lawyers who know their way in the wider arena of the future. The law still is pivotal. Tort law, contract law, corporate law, regulatory law and insolvency law; the anatomy of these fields is explored in depth. But further perspectives are added. We will examine the legal side of corporate finance, but also delve into the underlying balance sheets and profit and loss accounts; we will examine the regulatory framework in which banks operate, but also question their role in society as a whole; we will examine the structure of contract law, but also focus on the psychology behind contract-negotiations and dispute resolution. In short, we offer a multidisciplinary masters programme that both deepens our understanding of the law and fosters our knowledge of the fields with which the law interacts, such as finance, psychology and ethics.
The law faculties of the VU (Vrije Universiteit) and the UvA (University of Amsterdam) have combined their expertise to cover the wide range of the programme. Formally, the Law, Markets and Behavior programme is a track within the VU Master's programme Corporate Law. This legal Masters programme has deep-rooted multidisciplinary perspectives. Law is the vantage point of our thinking. Classical fields such as Contract Law, Tort Law, the Corporate Form, Insolvency Law and Regulatory Law will be taught in depth. In order for you to operate in an international context, we will focus on the principles; details of national laws will not be dealt with.
The non-legal perspectives will be interwoven in these courses. For example: there is a course on contract law, half of which will be about the (psychological) dynamics of contract negotiations. A similar approach is taken in other subjects, where traditional legal subjects are combined with insights from other disciplines. The goal of the masters programme is to enhance the students understanding of the law as it functions in practice, with the ultimate goal of training better, more skillful lawyers. The student will write several papers and prepare oral presentations during the academic year.
We offer this multidisciplinary master's programme for good reasons. Our partners - law firms and financial institutions have been telling us time and again that not just legal, but also financial and psychological knowledge should be in the tool kit of todays lawyer. Bear in mind: these institutions have become partner of our masters programme for a reason. They need the kind of people we educate.
This is an international trend. It is, for example, not just the Dutch Central Bank who wonders why financial regulation failed to prevent the financial crises; the thought that firm culture it is an important factor in either undermining or enhancing the efficacy of regulation is increasingly embraced internationally.
Therefore, be it the Dutch students or those from abroad, those who successfully completed the Master's programme Law, Markets and Behavior have a wide range of career choices. They can work as professional business lawyers, in-house legal counsels for companies, government officials, corporate executives, legal professionals for an international (intergovernmental) organization, etc.
Vrije Universiteit Amsterdam is an internationally renowned research university founded in 1880. The university is located in the vibrant city of Amsterdam, one of the most multicultural cities in the world, with the largest concentration of students in the Netherlands and where English is the second language spoken. The campus is surrounded by one of the most dynamic and fast-growing business districts in the Netherlands hosting over 700 companies.
With more than 23,000 students, of which 3300 are international, the university conducts cutting-edge research into problems of major societal and scientific importance. Vrije Universiteit Amsterdam distinguishes itself in research and education through four interdisciplinary themes reflecting a strong level of involvement in current societal issues: Human Health and Life Sciences, Science for Sustainability, Connected World and Governance for Society. As a student this will help you to look beyond the boundaries of scientific disciplines, to engage with society and to seek for tangible solutions for a better world. In addition Vrije Universiteit Amsterdam regards diversity, whether in culture, conviction, nationality or prior education, as source of innovation and progress, and hence as special strength.