{"id":1247,"date":"2018-02-26T10:39:17","date_gmt":"2018-02-26T10:39:17","guid":{"rendered":"http:\/\/jgu.edu.in\/blog\/?p=1247"},"modified":"2019-11-07T08:35:50","modified_gmt":"2019-11-07T08:35:50","slug":"o-p-jindal-global-university-launches-world-class-master-of-business-laws-programme","status":"publish","type":"post","link":"https:\/\/jgu.edu.in\/blog\/2018\/02\/26\/o-p-jindal-global-university-launches-world-class-master-of-business-laws-programme\/","title":{"rendered":"O. P. Jindal Global University Launches World-Class \u2018Master of Business Laws Programme\u2019"},"content":{"rendered":"\n

New Delhi, 26 February, 2018: <\/strong>Jindal Global Law School (JGLS) of O.P. Jindal Global University (OPJU) launched an exclusive, Master of Business Laws (MBLs) Programme<\/strong> during the seminar held on \u2018How to Fill the Legal and Regulatory Knowledge Gap In Business and Industry\u2019 at Jindal Global Educational & Professional Academy in New Delhi. The programme is aimed to train business professionals, even with no background in law, and enhance their knowledge in legal, tax, accounting, banking insurance and corporate finance domains. This is the first of its kind classroom MBLs programme introduced by an Indian university<\/a>.<\/p>\n\n\n\n

Professor (Dr.) C.\nRaj Kumar, Founding Vice Chancellor, O.P. Jindal Global University (JGU) said \u201cOPJU\nis committed to play a larger role in the development of society. We shoulder a\nleadership role of preparing future professionals for the radically changing\nsocio-economic environment, which influences global businesses. The purpose of introducing\nthe MBLs Programme is to empower, enable and educate the business side of\ncorporations, to provide opportunities for business officials, leaders and working\nprofessionals who have not had formal training in law, to be able to study law,\nparticularly the laws that are affecting the business in all its forms and\nmanifestations. The programme is interdisciplinary in nature and draws upon the\nacademic and professional experiences of experts from both within the faculty and\noutside. \u201c<\/p>\n\n\n\n

Elucidating the\nnuances of the course and comprehensive curriculum of the MBLs Programme, Prof.\nDr. Michael J. Barnes, Director, MBLs Programme said \u201cIn the corporate world, there\nis no quicker way to destroy the value of a firm or a brand than transgressing\nthe law. By launching MBLs, JGLS has opened a new window of opportunity for\nadult learners and practitioner scholars in India. Business professionals who\ndo not possess an LLB; experienced general managers and business entrepreneurs\nand practitioner scholars who want to embark on a rigorous and memorable\njourney of self-improvement are the categories that will be the core focus of\nprogramme outreach. The interactions between world-class faculty and our\nstudents inside our classrooms are the greatest medium of thought exchange and\nknowledge creation at our university. This programme requires and expects\nfocus, determination and hard work from the student\u2019s end. In return, during\nthe course of learning, they will enjoy an unparalleled learning experience\nwith an elite cohort of like-minded men and women. \u201c<\/p>\n\n\n\n

Gracing the\noccasion as Chief Guest, Mr. Dhanendra Kumar, Principal Advisor, Indian\nInstitute of Corporate Affairs (formerly the first Chairperson of the\nCompetition Commission of India) said \u201cI take great pleasure in launching the\nMBLs programme. With its academic brilliance and world-class faculty, JGLS will\nundoubtedly bring out the best in students by imparting the best of education\nin business laws and I really look forward to meeting some of the students in\ndue course of time. Your students are bound to play a stellar role in meeting\nthe needs of changing dynamics of India\u2019s businesses.\u201d <\/p>\n\n\n\n

One of the eminent\npanellists, Mr. Bharat Vasani, Former Chief Legal and Group General Counsel, Tata\nGroup, stated the importance of laws in business. He said, \u201cIt has been very\nrightly pointed out that today, laws are not just made by the parliament, but\nthey are also made by regulators. The interface between the government and\nbusiness has become very complex and intense in today’s age. This has made it\nessential for business professionals to understand the law and its implication\non various aspects of business. \u201c<\/p>\n\n\n\n

Underlining the\nsignificance of communication in law, panelist Tejas Patil, General Counsel, GE\nSouth Asia, said, \u201cThere is a dearth of professionals with good communication\nskills in large companies and India in general. The legal drafting and\ncommunication module of the MBLs Programme curriculum immediately caught my\nattention in this context. While practicing law, communication becomes a critical\nparameter of highlighting a flaw or conveying the facts of the matter. It is\nessential to highlight that every working professional should have a basic\nunderstanding of the law, not\nnecessarily to solve a legal problem, but to identify and flag the issue or to\nget the right people in the room to look at it. \u201c<\/p>\n\n\n\n

Dr. Vinod Kumar\nVerma, Vice President Corporate Affairs & Development Cell, Aditya Birla\nGroup, underlined that the current business demands the ease of doing business in\ncompliance with law. He also highlighted that the knowledge of law transcends\nbeyond legal matters and is relevant for all aspects in which a business\nfunctions. <\/p>\n\n\n\n

Mr. Manoj Piplani, Managing Director and CEO, Bank of Baroda Financial\nSolutions Limited, said, \u201cAn organisation\u2019s capability to comply with law and\nregulations can be strengthened in three predominant ways. Firstly, by\nimparting education and addressing the knowledge gap at the sub-functional\nlevel of an organisation. Secondly, building organisational systems and\nstructures which comply with the legal and regulatory requirements of the law.\nLastly, defining the work culture of an organisation is of critical importance.\nWhile we may think that culture is defined inside the organization, it is\nactually a function of the broader society and economy in which most of the\norganizations exist and operate.\u201d<\/p>\n\n\n\n

The confluence of like-minded law and policy practitioners from\ndiverse backgrounds at the seminar stressed on the urgent need to strike a\nbalance between the legal and business approach of businesses. At times,\norganisations confront situations when its legal and business functions speak\nat cross-purposes. However, the panel unanimously agreed that every strong\nbusiness or commercial structure should be strengthened by a strong legal\nfoundation to ensure that a business runs smoothly. <\/p>\n\n\n\n

The discussion also drew references to India\u2019s ranking in the \u2018Ease of Doing Business Index<\/em>\u2019 announced\nby The World Bank. According to the 2018 report of the index, India has moved\nup by 31 points and stands at 100th<\/sup> position on the global index. The\npanellists agreed that there is a long way to go when it comes to improving its\nbusiness regulations in absolute terms. Ms. Shuchi Sinha,\nAssociate Professor JGLS & Associate Director MBLs Programme, who joined\nthe university with a long experience of corporate law practice, moderated the\ndiscussion.<\/p>\n\n\n\n

Mr. Avirup Bose,\nAssistant Professor, JGLS & Assistant Director, Masters of Business Laws\nProgramme also participated in the panel discussion. <\/p>\n\n\n\n

I assume it has been checked that this is factually correct<\/p>\n","protected":false},"excerpt":{"rendered":"

New Delhi, 26 February, 2018: Jindal Global Law School (JGLS) of O.P. Jindal Global University (OPJU) launched an exclusive, Master of Business Laws (MBLs) Programme during the seminar held on \u2018How to Fill the Legal and Regulatory Knowledge Gap In Business and Industry\u2019 at Jindal Global Educational & Professional Academy Continue Reading<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-1247","post","type-post","status-publish","format-standard","hentry","category-newsroom"],"_links":{"self":[{"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/posts\/1247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/comments?post=1247"}],"version-history":[{"count":2,"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/posts\/1247\/revisions"}],"predecessor-version":[{"id":1303,"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/posts\/1247\/revisions\/1303"}],"wp:attachment":[{"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/media?parent=1247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/categories?post=1247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/tags?post=1247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}