Cambridge's LLM programme has a strong corporate dimension and MCL students benefit from this as they select one of the full-year corporate-oriented courses offered as part of that programme.
For 2017-18 the joint corporate-oriented MCL/LLM full-year papers are:
- Corporate Finance;
- Corporate Governance;
- Competition Law.
- International Financial Law;
International Financial Law: The course is about international financial law as practised by the major international law firms in the City of London. It begins by focusing on the infrastructure of financial markets, set against the backdrop of the Global Financial Crisis 2007-9, before turning to the deals themselves, eg international syndicated loans, international bond issues, structured finance and derivatives. The course will also examine various topical issues of concern to the financial markets, eg the impact of Brexit. The primary focus is on English law and practice, although reference will be made, where appropriate, to other key financial law jurisdictions for comparative purposes.
Corporate Finance: This course considers the legal and regulatory framework governing the financing of companies. Studying this framework involves examining important aspects of company law and capital market regulation. The legal structures of various major corporate financing transactions are reviewed. The course also examines the underlying policy objectives that shape the law and regulation governing corporate finance to enable students to identify and to consider critically the vital theoretical issues raised by the subject.
Corporate Governance: This course examines the key features of corporate governance. An overview is provided of the economic and institutional dynamics that influence the manner in which publicly traded companies function. The rights, duties and obligations of key participants in corporate governance (e.g. shareholders, executives and directors) are outlined. The course also analyses the effectiveness of reforms designed to enhance managerial accountability, with particular reference to non-executive directors, executive pay and shareholder activism.
Competition Law: This course examines the law of competition (antitrust) mainly in the context of the European Union legal system. From a substantive perspective, it covers the control of anti-competitive agreements, abuses of dominant position (monopolisation) and mergers. The course also examines important changes that have taken place in the enforcement of EU competition law over the past few years, offering in so doing an overview of the division of responsibilities between the EU Commission, the national courts and national competition authorities.