European Master and Certification Program
in Risk Engineering and Management

Principles of Law

Course code: 128004
Language of instruction: English
Lecturers: Vladimir Jankovic (The University of Manchester), Dr. iur. Inese Druviete (Riga Graduate School of Law), Prof. Dr. Thomas Schmitz
Assessment: Defined in the module

Short description

The course will provide necessary knowledge for understanding institutional surroundings influencing business processes. In order to start a business, the knowledge about different structures, taxes, trade agreements, contracts, export issues is needed.


The participants:

- will gain an overview of the economically relevant national and international legal areas,

- will acquire a basic understanding of commercial law issues,

- will acquire skills for dealing with lawyers and attorneys in practice,

- will learn the basic rules of the national contract law,

- will know the most important corporate forms and relevant criteria for the selection of legal structure,

- will know the key contents of the capital market and law of negotiable instruments,

- will know the cornerstones of the competition and antitrust laws, and

- will have a basic understanding for the internationalization of business law matters.

Target Attendees / Participants

Students of Steinbeis Master of Business Administration

Course Content by Units

Overview of national commercial law

Civil law foundations (Private Law):

- Core aspects of general contract law

- Liability and default

 Public law foundations:

- Commercial Law

- Company Law

- Company Registry

- General commercial power of representation and procuration

- Forms of cooperation in the external field

- Stores

- Incoterms

 Company law:

- Retail companies

- Joint Partnerships

- Stock companies

Key aspects of the capital market and the law of negotiable instruments

Key aspects of the competition- and antitrust laws

Key aspects of international law

Teaching Methods

Classic lecturing

Free and interactive class discussion

Case Studies


Vasiljevic, M.,(2011): The companies’ law, Faculty of Law, University of Belgrade, Belgrade.

Vasiljevic, M., (2007): International Encyclopedia of Laws: Commercial and Economic Law, Kluwer Law International, Netherland.

Official Gazzette of Republic of Serbia.

Cento G. Veljanovski (2007): Economic Principles of Law, Cambridge University Press.

For more information about the European Master and Certification Program in Risk Engineering and Management in general, go the Homepage.
For more information about the European Master Program in Risk Engineering and Management in general, go the Master Study page.
To see more courses in the curriculum, go to The curriculum page, or by date and topic go to the Calendar of Courses page.
Contact: via email or phone +49 711 1839 781 or +49 711 1839 647
(Course profile ID: F2-1:, generated on September 24, 2021)