Are you planning to become a Business Law Analyst? Do you have the aspirations to work in the legal field? Then Business Law Analyst certification is just the right place for you. Business law is the body of law which governs business and commerce. It applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising trade, and sales. Organisations around the world need certified Business analysts to help them facilitate solutions to current or future problems. This certification proves your expertise and skills. Further, it helps you enhance your employability.
Roles and Responsibilities
Certified Business Law Analyst must have organizational and clerical skills. Also, they should have experience in legal research, analytical and should be exceptional communicators with a keen interest in providing precise guidance. They are responsible for the following:
- Conduct legal research and gather related legal information.
- Moreover, assemble, proofread and amend drafts of contracts, leases, licenses, policies and other legal documents.
- Then, decipher laws, rulings and regulations in legal documents.
- Further, Synthesize and organize information, and create reference tools for easy use by the team.
- Additionally, monitor study and develop written summaries of anticipated and endorsed legislation, regulations, court decisions, industry standards, trade journals and other relevant publications.
- Finally, serve as the primary point of contact for internal business teams seeking legal and regulatory support.
Vskills Certified Business Law Analyst Overview
The Vskills Certification for Business Law Analyst assess the candidates as per company’s need for compliance to business laws. It covers various areas in-laws of contracts, indemnity, bailment, partnerships, the law of insurance, special contracts, IRDA, company law and industrial law.
Why become a Vskills Certified Business Law Analyst?
The Vskills Certified Business Law Analyst Certification enhances your skills and knowledge. Companies specializing in legal or compliance constantly hire skilled Business Law Analysts. Various public and private companies also need Business Law Analysts for their legal or compliance departments. This certification helps you differentiate in today’s competitive job market. Also, it opens new realms in your career and makes you realise your real potential. Moreover, earning a Vskills certification offers the following benefits:
- The certifications will have a Government verification tag.
- The Certification is valid for life.
- Lifelong e-learning access.
- Access to Free Practice Tests.
- You will get tagged as ‘Vskills Certified’ On Monsterindia.com and ‘Vskills Certified’ On Shine.com.
Business Law Career Opportunities
Business law, often known as Mercantile law, is a legal specialization. Business Law is concerned with the rules that regulate all transactions between persons and businesses. Let us discover Business Law Career Opportunities!
Target Audience
This certification is designed for professionals want to establish their career in their desired field of legal or compliance departments. Moreover, it suits candidates already working in this domain and who wish to further their career progression. op MNC’s and organisations like KPMG, PwC, Deloitte, Fox Mandal, DSK Legal are the major recruiters of Vskills Certified Business Law Analysts.
Exam Details: Certified Business Law Analyst
- Exam Code: VS-1153
- Duration: 60 minutes
- No. of questions: 50
- Maximum marks: 50
- Passing marks: 25 (50%).
- There is NO negative marking
- This is an Online exam
Exam Process
Course Outline: Certified Business Law Analyst
The topics covered in this exam are:
Law of Contracts
- Nature of Contracts
- Offer or Proposal
- Acceptance
- Consideration
- Capacity of Parties
- Free Consent
- Legality of Consideration and Object
- Contingent Contracts and Wagering Contracts
- Quasi Contracts
- Performance of Contract
- Discharge of Contract
- Remedies for Breach of Contract
Special Contracts
- Indemnity and Guarantee
- Bailment and Pledge
- Agency
Other Laws
- Sale of Goods Act,
- Negotiable Instruments Act,
- Partnership
Law of Insurance
- Insurance
- Life Insurance
- General Insurance
- Insurance Regulatory and Development Authority (IRDA)
Company Law
- Introduction
- Definition and Nature of a Company
- Kinds of Companies
- Formation and Incorporation of a Company
- Memorandum of Association
- Articles of Association
- Prospectus
- Membership in a Company
- Share Capital
- Shares
- Application and Allotment of Shares
- Calls and Forfeiture of Shares
- Share Certificate and Share Warrant
- Transfer and Transmission of Shares
- Borrowing Powers
- Directors
- Other Managerial Personnel
- Company Secretary
- Meetings
- Dividends
- Accounts and Audit
- Supremacy of Majority and Protection of Minority
- Prevention of Oppression and Mismanagement
- Compromises, Arrangements and Reconstructions
- Winding up of a Company
Industrial Law
- The Factories Act,
- The Industrial Disputes Act,
- The Trade Unions Act,
- The Minimum Wages Act,
- The Employees’ State Insurance Act
General Law
- The Consumer Protection Act,
- Pollution Control Act
Preparatory Guide: Certified Business Law Analyst
This study guide is designed to help you get ready for the exams. It will walk you through all the learning resources
Review the Exam Objectives
The first step in your preparation guide should always start with the exam objectives. reviewing each and every exam objective becomes the most important part of your preparation. Devote enough time to each topic and have in depth knowledge of the subject. Moreover, this will also result in strengthening your preparation. This certification exam covers the following topics:
- Law Of Contracts
- Special Contracts
- Other Laws
- Laws Of Insurance
- Company Law
- Industrial Law
- General Law
Learn the traditional way through books
Preparing with books have been the traditional way. They are the go-to resource for any exam. These Books help you gain in-depth clarity about the exam domains. Most important of all, you can find real-time examples of the different concepts you learn for this certification exam. As a result, you can strengthen your knowledge about the application of these concepts. In addition, books are also useful for cross-referencing and verifying the authenticity of the information from other learning resources. We suggest you to include the following books in your preparation journey:
- Firstly, Legal Aspects Of Business by Ravinder Kumar
- Secondly, Legal Guide for Starting & Running a Small Business by Fred S. Steingold Attorney, David Steingold Attorney
- Also, Business Law by Kenneth W. Clarkson, Roger LeRoy Miller, Frank B. Cross
- Additionally, Essentials of Business Law and the Legal Environment by Richard A. Mann, Barry S. Roberts
- Likewise, Business Law Today, The Essentials by Roger LeRoy Miller
Choose your resources wisely
Passing the exam can be easy if you choose the right set of resources for yourself. Make sure the content is precise and reliable enough. The resources that you’ll pick will determine how well you prepare and pass the exam. Therefore you must choose your learning resources wisely. Vskills aids your preparations with its own learning resources. It provides lifetime access to the E-Learning and Study Material. These resources are continuously revised to keep you up to date with the exam concepts.
Refer: Vskills Certified Business Law Analyst Sample Chapter
Finally, its time to practice!
Regardless of how you prepare for the exam, a practice test always helps you evaluate your preparations. These practice tests help you diversify your study strategy and ensure the best possible results. . Analyzing your answers will help you identify the areas where you need to give special attention to, and will also let you know your alignment with the exam objectives. Moreover, the best way to start doing practice tests is after completing the syllabus. Solving Practice tests can provide you with the confidence you need to be stress-free. Start Practising Now!
Business Law Interview Questions
Prepare for your next job interview with our latest expert created online interview questions, the questions are designed to enhance your skills and make you job ready.
