Curriculum

Required courses (13 credits)

Introduction to Legal Reasoning (4 credits)
Through this course, non-lawyers will gain a better understanding of the ways that attorneys are trained to navigate complex situations. Careful reading and analysis of case law and statutes will prepare students to address the ambiguity of many scenarios that arise in compliance work, emphasizing the importance of critical thinking and argument. The course will also introduce students to the common law method by which doctrine is created; the importance and authority of statutes, codes, and regulations; and the structure of the U.S. legal system and its various actors and venues. The U.S. doctrines of contract and tort liability form the substantive underpinning for the course, both because a knowledge of these areas is foundational for many later law courses and also because professionals working in the compliance field encounter these areas of law.

Compliance Programming: Design, Operation, and Performance (3 credits)
Compliance and ethics management is a complex management process that requires program design that supports management’s objectives, coordinated activities to be operated across functions and geographies, and performance measurement to reasonably assure effectiveness and a return on management’s investment. This course will engage participants’ personal knowledge and experience – in dialogue with instructors and guests from industry with law and business backgrounds – to explore the following themes: program design frameworks and key elements (including risk identification and assessment, communication and training, investigations and discipline, reporting and disclosure, auditing and monitoring, and remediation), leading practices relating to these program elements, and how to measure effectiveness (from the perspectives of both ethics and economics). The course will also use case method and other practical examples to explore the familiar distinction between compliance-based and integrity-based programs as a link to the course, “Ethical Culture.”

Ethical Culture (3 credits)
Cultures of economic competitiveness and legal compliance are necessary but not sufficient for corporate responsibility. This course will examine the elements of ethical decision-making and ethical corporate cultures from the perspective of an organization’s leadership. The premise of the course is that leaders are the architects of corporate culture – and that the moral agenda of leaders includes three practical imperatives: elucidating, institutionalizing and sustaining ethical values. The first two imperatives (elucidating and institutionalizing) involve placing moral considerations in a position of salience and authority alongside considerations of competitive strategy and compliance in the organization’s mindset. The third imperative (sustaining) has to do with passing on the spirit of this effort in two directions: to future leaders of the organization and to the wider network of organizations and institutions that make up the social system as a whole. The case method will be used to introduce frameworks for making reasoned, thoughtful ethical decisions and to diagnose both positive and negative cultural leadership. Students will learn to recognize and resolve ethical issues and identify practical ways (1) to enhance sound ethical cultures and (2) to remediate weak ethical cultures.

Executive Perspectives on Ethics and Compliance (3 credits)
This course will provide students with an opportunity to learn about compliance from the perspective of executives and leaders in the industry. Practicing compliance executives will discuss goals, strategies, activities and challenges associated with their business. Students will have an opportunity to relate the philosophies and techniques developed in the MSL/LLM Compliance program to those presented. Through candid and in-depth conversations with participating executives, students will learn about compliance from a leadership perspective relevant to today’s complex business environment.

Electives (17 credits)

Administrative Law (3 credits)
Alternative Dispute Resolution (3 credits)
Banking Law (3 credits)
Broker Dealer Regulation and Compliance (2 credits)
Business Associations (4 credits)
Business Ethics and Organizational Governance (3 credits)
Communication Law (3 credits)
Conflict of Laws (3 credits)
Corporate Finance (3 credits)
Corporate Governance (3 credits)
Employment Discrimination (2 credits)
Employment Law (3 credits)
Enterprise Risk Management (3 credits)
Environmental Law (3 credits)
Ethical Leadership in Corporate Practice (3 credits)
Food and Drug Law (3 credits)
Health Law I: Regulation and Liability (3 credits)
Health Law II: Organization and Finance (3 credits)
Immigration Law (3 credits)
Intellectual Property (3 credits)
International Finance (3 credits)
International Human Rights Law (3 credits)
International Law (3 credits)
International Business Law (3 credits)
Mergers & Acquisitions (3 credits)
Negotiation (3 credits)
Pensions & Employee Benefits (3 credits)
Private Investment Funds (3 credits)
The Reflective Manager (3 credits)
Securities Regulation (3 credits)
Transactional Drafting (2 credits)
White Collar Crime and Compliance (2 credits)

View the full schedule of 2014-15 Compliance Courses.