Gavin Howe
A degree in commerce law combines legal and commercial expertise, giving graduates a competitive edge in the job market. The curriculum covers a broad range of subjects, including business, finance, human resources, and law. Graduates can find jobs in business, finance, legal departments, and consulting firms. The degree is also a great foundation for further study, and can be a pathway to a Bachelor of Laws degree, which is a prerequisite for admission to legal practice in some countries.
| Characteristics | Values |
|---|---|
| Degree type | Bachelor of Commerce/Bachelor of Laws |
| Degree duration | 3 years (Bachelor of Commerce in Law) |
| 4 years (Bachelor of Laws) | |
| 5 years (Bachelor of Commerce/Bachelor of Laws) | |
| Career preparation | Postgraduate studies, internships, and industry placements |
| Career fields | Business, finance, human resources, consulting, law firms, government agencies, corporate legal departments, international business, social justice, etc. |
| Skills gained | Accounting, finance, economics, management, marketing, human rights, principles of justice, fairness, equity, etc. |
| Accreditations | CPA Australia, Chartered Accountants Australia and New Zealand, Institute of Public Accountants, etc. |
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What You'll Learn
- Career options: Lawyers, legal researchers, or policy developers
- Course duration: Three to five years, with optional postgraduate studies
- Skills: Business, legal, and commercial
- Majors: Accounting, finance, economics, management, marketing, and more
- Career preparation: Hands-on experience, industry placements, and employability programs
Career options: Lawyers, legal researchers, or policy developers
A degree in commerce law can open up a variety of career paths, including the traditional route of becoming a lawyer. Commerce law graduates can work in diverse areas of law, such as criminal law, corporate law, family law, or environmental law. However, if you're looking for alternative career options, you can explore legal research or policy development.
Lawyers
Lawyers, or attorneys, are legal professionals who provide legal advice, represent clients in legal matters, and advocate for their interests. They are experts in specific areas of the law and guide individuals and organizations through the complexities of the legal system. Becoming a lawyer typically requires additional study beyond your undergraduate degree, such as a Master's in Law or an LLM. Some jurisdictions may also require you to complete a Juris Doctorate (JD) program to qualify for certain roles. Lawyers often work in private practice, law firms, or as in-house counsel for organizations.
Legal Researchers
Legal researchers play a crucial role in supporting lawyers and legal teams. They are responsible for conducting comprehensive legal research, analyzing legal documents, case laws, and providing accurate and concise summaries of their findings. Legal researchers may work in law firms, government agencies, corporate legal departments, or non-profit organizations. They assist lawyers in preparing for trials, drafting legal documents, and advising clients. This career path often begins as a paralegal or legal assistant, and further advancement can be achieved through additional qualifications, such as a Juris Doctorate. Strong research, analytical, and communication skills are essential for success in this field.
Policy Developers
Policy development is the process of creating and refining the rules and guidelines that govern an organization or platform's conduct. Policy developers are responsible for designing, implementing, and updating these policies to ensure they are effective, enforceable, and aligned with societal shifts and legal changes. This career path involves strong analytical and strategic skills, as well as an understanding of the legal framework within which policies operate. Policy development often involves collaboration with various stakeholders, including legal teams, to ensure that policies are well-informed and feasible.
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Course duration: Three to five years, with optional postgraduate studies
The duration of a commerce law degree typically ranges from three to five years at the university or bachelor's level. For instance, the Bachelor of Commerce in Law at Boston City Campus is a three-year undergraduate programme that aims to help graduates attain a Bachelor of Laws degree. Deakin University also offers a five-year combined Bachelor of Commerce/Bachelor of Laws programme, allowing students to complete two degrees in less time than if pursued separately.
The duration of a commerce law degree may be extended if students pursue specialised programmes, postgraduate studies, or encounter delays in meeting course requirements. For example, students who wish to become lawyers often undertake postgraduate studies, such as a Master's degree in Law or an LLM, which can add two additional years to their education.
A commerce law degree combines legal and commercial studies, providing graduates with diverse career opportunities in business, finance, and corporate law. It offers a solid understanding of commerce-related subjects, such as economics, finance, and management, while also covering legal principles, including contract, corporate, and property law.
During the programme, students gain practical, commercially-focused skills and professional legal insights. They develop an understanding of human rights and the principles of justice, fairness, and equity, which are essential for a thriving democracy. Additionally, they acquire knowledge in areas such as business, finance, and mercantile law, preparing them for various roles in the commercial and legal sectors.
The curriculum of a commerce law degree varies across institutions but typically includes a mix of business and law courses. For instance, the Bachelor of Commerce in Law at Boston City Campus covers South African Mercantile Law and its application in commercial contexts, while also exploring the broader impact of legal principles on commercial activity and society.
The programme may also offer hands-on experience through mooting competitions, pro bono placements, community placements, and industry placements. These practical components enable students to apply their knowledge and build valuable skills before they graduate.
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Skills: Business, legal, and commercial
A commerce law degree combines legal and commercial expertise, providing graduates with a competitive edge in the job market. The degree equips students with a solid understanding of commerce-related subjects, such as economics, finance, and management, while also offering foundational knowledge of legal principles, including contract, corporate, and property law.
In the business domain, a commerce law degree provides training in accounting, management, and economics, preparing graduates for careers in business, finance, and consulting firms. The degree also covers essential business skills, such as data analytics, AI, machine learning, and cloud data services, ensuring graduates are well-versed in the latest technological advancements.
On the legal side, a commerce law degree offers an understanding of various fields of law and their relationship to each other, as well as their impact on commercial activity and broader society. Graduates will be equipped with the skills to apply this legal knowledge in commercial contexts, providing valuable insights to organisations.
The degree also imparts knowledge of human rights and the principles of justice, fairness, and equity, which are fundamental to a thriving democracy and essential for ethical decision-making in a professional context. Additionally, graduates will gain expertise in specific areas of law, such as commercial law, corporate governance, and mercantile law, enabling them to pursue careers in corporate law and legal departments.
Overall, a commerce law degree provides a well-rounded skill set, combining business acumen with legal expertise, and preparing graduates for diverse career paths in both the business and legal sectors.
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Majors: Accounting, finance, economics, management, marketing, and more
A commerce law degree will equip you with a broad foundation in accounting, finance, economics, management, and marketing, along with a major of your choice. This major will allow you to develop specialised knowledge and skills in a specific area of commerce law, enhancing your employability and career prospects. Here are some common majors you can consider:
Accounting
Accounting is a crucial aspect of evaluating and reporting the financial health of businesses and individuals. In this major, you will learn to analyse, research, and provide informed recommendations on accounting issues. You will become proficient in internationally recognised accounting principles and techniques, preparing you for careers such as professional accountant, tax professional, business advisor, or manager. This major will also open doors to working with chartered accountant firms.
Finance
A Finance major will provide you with in-depth knowledge of financial management and analysis. You will learn about financial markets, investments, and the global financial system. This major is ideal if you aspire to work in financial institutions, consultancies, or the finance departments of businesses. It will equip you with skills in financial modelling, investment analysis, and risk management.
Economics
The Economics major offers an understanding of economic theories, policies, and their impact on markets and society. You will study micro and macroeconomics, international trade, and behavioural economics. This major is excellent preparation for careers in economic analysis, policy advisory roles, or research institutions. It will also provide a strong foundation for graduate studies in economics or related fields.
Management
Management as a major will focus on organisational behaviour, strategic management, and leadership. You will learn about human resources, operations management, and decision-making. This major will develop your interpersonal and leadership skills, essential for careers in management consulting, human resources, or entrepreneurship.
Marketing
In a Marketing major, you will learn about market research, consumer behaviour, and marketing strategies. You will develop creative and analytical skills, exploring topics like digital marketing, social media strategies, and marketing analytics. This major is ideal for those interested in brand management, advertising, market research, or public relations.
These majors will provide you with specialised knowledge and skills that complement your commerce law degree, enhancing your career prospects in various industries.
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Career preparation: Hands-on experience, industry placements, and employability programs
A Bachelor of Commerce Law combines commerce and law studies, preparing graduates for diverse careers in business, finance, and corporate law. The curriculum includes a mix of business courses such as accounting, management, and economics, along with law courses like commercial law, corporate governance, contract law, and property law. It offers a solid understanding of commerce-related subjects and provides foundational knowledge of legal principles, including contract, corporate, and property law.
Hands-on Experience
- Mooting Competitions: During your law degree, you may participate in mooting competitions, which simulate legal arguments and allow you to develop your advocacy skills.
- Pro Bono Placements: Pro bono legal work provides an opportunity to work on real-world cases and gain practical experience while contributing to the community.
- Community Placements: Community placements allow you to work with organizations and gain experience in a non-legal context, developing a broader understanding of societal needs and ethical standards.
- Business Simulations: You can participate in gamified business simulations based on real-world scenarios, allowing you to apply your knowledge and skills in a practical and engaging way.
Industry Placements
- Industry Placements: Many universities offer industry placements or internships, providing you with valuable on-the-job training and the opportunity to apply your knowledge in a professional setting.
- Work Integrated Learning Programs: These programs allow you to gain extensive industry experience, often in your area of specialization, giving you a smooth transition from academia to the professional world.
Employability Programs
- Future Ready Employability Program: This program helps you build your personal brand, including your professional identity, experience, job-ready skills, and networks, ensuring you are prepared for the job market upon graduation.
- Business Foundation Programs: Co-created with industry partners, these programs provide a solid foundation of business skills and assist with the transition to university studies, ensuring you are well-prepared for your future career.
By taking advantage of these opportunities, you can enhance your practical skills, build industry connections, and develop a strong foundation for your future career in commerce and law.
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Frequently asked questions
A commerce law degree prepares graduates for diverse careers in business, finance, and corporate law. Graduates can find jobs in business, finance, legal departments, and consulting firms.
A commerce law degree combines commerce and law studies, whereas a law degree focuses solely on legal studies. A commerce law degree provides a broad background in law and focuses on economics and management sciences, while a law degree provides an in-depth understanding of various areas of law and prepares students for professional legal practice.
The admission requirements for a commerce law degree vary depending on the university and location. Some universities require a matric with a Bachelor pass or equivalent qualification, strong performance in English, and in some cases, relevant work experience. Other universities offer admission based on a combination of post-school qualifications and a credit transfer rule.
