Today’s business environment is a highly specialized one. While we all benefit from this fact, it also has adverse effects, for example excessive vertical hierarchy. The Major of Business and Law curriculum is therefore organized to enable students to seek methods of sound and rational business management from an interdisciplinary perspective, based on both business studies and legal studies perspectives. The curriculum is also organized to provide students with the ability to respond effectively to the numerous issues that will unavoidably arise in business activities, enabling them to study the theoretical frameworks of both disciplines in a coherent fashion, using a rich array of case studies. For example, in the mandatory subjects General Business Theory (1) and (2), there are always two members of our teaching staff (respectively representing business and legal studies) in the classroom, and the classes deal with case studies that straddle both fields, for example the rejection of the Ministry of Health, Labour and Welfare’s regulations concerning Internet sales of pharmaceutical products by the Supreme Court of Japan in 2012. Each case is thoroughly analyzed from the perspectives of both disciplines in dialogue with students, in order to determine comprehensive approaches to resolving the issues. The Major of Business and Law invites applications from motivated students prepared to challenge themselves to nurture an awareness of issues based on a broad perspective spanning business studies and legal studies, and to build bridges between theory and practice in their own field of specialization based on the deep insight that they will cultivate.
In order to maintain and develop a business, it is essential to cultivate the ability to make management decisions and to acquire legal knowledge in areas such as organizational compliance and asset management. In Japan, the lack of successors for SMEs is an increasingly serious issue. The Major of Business and Law gives students access to educators with diverse backgrounds in business studies and legal studies and provides the support of a strong curriculum in order to help young people with limited experience in promoting the development of a business cultivate, in a period of just two years, the ability to respond practically to the issues that arise in company management.
Today, when there is strong demand on even profit-oriented companies to demonstrate rigorous compliance and fulfill their social responsibilities rather than being exclusively focused on short-term profits, it is essential for students entering a company to possess an awareness of problems and a problem-solving ability that straddles business studies and legal studies areas in order to increase added value. In addition to these qualities, through the study of specialized subjects and the experience of writing a Master’s thesis, this major enables students to acquire analytic ability, knowledge and the ability to express themselves in specialized fields. It cultivates specialized professionals able to become leaders in roles such as management consultant or legal department specialist.
In the event that a student completes their Master’s thesis in a subject related to taxation law or a subject related to accounting, said student may apply for exemption from specific subjects related to the examination for qualification as certified tax accountant (subjects related to taxation law in the former case, and subjects related to accounting in the latter). However, students should be aware that approval of exemption is granted subject to the student passing a prescribed review by the National Tax Agency; it is also possible for students to be rejected for exemption following this review. For more information, please contact the Graduate School Office.
The curriculum of the Major of Business and Law (i.e., the areas that will be studied by students of the major) is divided into six business studies areas: Business organization, the financial market, the labor market, the resources market, the goods market and government-related subjects. Within these six areas, legal studies areas have been organized as follows: (1) Company law/NPO law, family (inheritance) law; (2) Financial law; (3) Labor law; (4) Contract law/Intellectual property law; (5) Economic law/Economic criminal law; and (6) Constitutional law/Administrative law, tax law. This organization enables students of the major to study both disciplines comprehensively and effectively in a two-year period.
Graduate students who take the prescribed units, complete their Master’s thesis and complete the course will be awarded the degree of Master of Business & Law (MBL), a new degree that responds to social needs.