MSc in Business for Lawyers

Duration: 16 months/evening classes
Application Deadline: Rolling admissions| Upcoming Deadline: December 18, 2023
Start Date: September 2024
Fees: € 12,500


Clients are in need of lawyers who understand their business. The MSc in Business for Lawyers program is the only academic qualification that prepares lawyers to confront complex problems in the corporate environment and financial markets. The program, exclusively designed for legal professionals, offers a solid theoretical understanding as well as a practical approach to economic and financial issues related to the day-to-day operations of a business firm. The program provides a unique learning experience that promotes collaboration and leadership competencies in an interdisciplinary curriculum.
The MSc in Business for Lawyers is the only Greek postgraduate program for lawyers that has been included for the past 6 consecutive years in the Financial Times’ LLM Listing - released every year in the FT Innovative Law Schools Report - along with the most renowned Master of Law (LLM) programs in US, Europe and in the UK.

Key features of the program

  • Weekday classes between 18:00 – 22:00, twice a week on average;
  • A 16-month program;
  • 15 core modules and 2 workshops;
  • Assessment: group reports/presentations, case study analysis, interim tests, final exams (18:00 – 21:00).


The Program Is Designed for Legal Professionals Who:

  • Manage and lead their own law firm;
  • Work as corporate counsels;
  • Work in corporate financing and restructuring;
  • Work in or with financial services firms;
  • Work as consultants to business executives.

You may find here more information about the Program's Intended Learning Outcomes.

Current Student Profile


International Recognition: Alba is accredited by The New England Commission of Higher Education (NECHE);

The core segment of the program offers a solid foundation of the economic, financial and accounting principles along with necessary quantitative skills. Special emphasis is provided on the practical applications of the economic theories;

The program matches the legal interests of the participants by providing specialization courses on the legal aspects of international finance as well as courses on taxation, and complex financial contracts;

The program is: (a) A link between the legal profession and modern practice in business and finance. (b) A framework for participants to think and act as business partners offering business and managerial insight. (c) A learning experience that fosters leadership and teamwork competencies;

The MSc in Business for Lawyers Advisory Board advises on strategic objectives and seeks to enhance the Business School's links with the corporate world. Its members are reputable and highly acknowledged practitioners and academics with extended experience and acumen in the field of Business and Law. The contribution they provide is essential to the continued success and future development of the Program;

The establishment of the Advisory Board for the MSc in Business for Lawyers is a great addition to Alba Graduate Business School, as it will enhance Alba’s transformative and innovative educational approach and at the same time provide a productive link between students, faculty and industry practitioners.

MSc in Business for Lawyers Advisory Board Members in alphabetical order: 

  • Mr. Tassos Anastassiadis, Partner, Platis Anastassiadis & Associates - EY Law;
  • Mr. John  Giannakopoulos, Chief Legal & Compliance Counsel, Lamda Development S.A.;
  • Mr. Themistoklis Giannakopoulos, Partner, Andersen Legal Greece;
  • Mrs. Sophia Grigoriadou, Managing Partner, Papacostopoulos - Grigoriadou & Associates Law Firm (CPA Law);
  • Mr. Ilias Koimtzoglou, Managing Partner, Koimtzoglou – Bakalis – Venieris – Leventis & Associates (KBVL), member of Deloitte Legal;
  • Mr. Spyros Mello, Chief Compliance Officer and Deputy General Counsel, Coca-Cola HBC;
  • Mr. Theodore Pistiolis, Managing Partner, Andersen Legal Greece;
  • Mr. Eirinikos Platis, Partner, Platis Anastassiadis & Associates - EY Law;
  • Mr. Vassilis Vizas, Partner, PwC.


MSc in Business for Lawyers Program Total Year Schedule 2023-2024

You may find the Graduate Academic Calendar 2023–24 here.

1st Period | September – October

Courses US Credits
Quantitative Methods for Business
For a successful career in business, professionals should possess sufficient quantitative skills to help them make informed decisions backed by data analysis and statistical inferences. The course aims to introduce, in an intuitive and rigorous way, the fundamental statistical tools of decision theory under uncertainty. Topics covered include basic statistical principles, probability distributions, inferential statistics (confidence intervals hypothesis testing) and regression. The course combines the theoretical concepts and reasoning with practical examples to help students master the quantitative methods of modern business management. The course also includes an introduction to Excel’s data analysis tool and basic functions.
Business Economics
This course concentrates on the economic foundations of management by developing tools to analyze key issues of the industry (Microeconomics) and general economic environment (Macroeconomics) of a company. The first part, Microeconomics, analyses consumer behavior, producer pricing and production decisions under different market structures. The second part, Macroeconomics, studies the operation of the entire economy, analyzing topics such as the determination of aggregate output, employment, inflation, interest rates, exchange rates and other macro variables
Financial Accounting
With the aim of evaluating corporate financial performance and making financially rational decisions, this course introduces students to financial accounting, reporting and analysis. This module aims to develop awareness in students of the way in which accounting is embedded in a particular socio-economic, political and cultural context and challenges the perception that accounting is a purely technical, uninterested and neutral practice. Within this framework, the module seeks to provide students with a broad introduction to the need for external accounting systems, the principles explicit and implicit within such systems, and the strengths and weaknesses in such systems. The module acts both as a standalone and as an underpinning for subsequent modules as required.

2nd Period | November – December

Courses US Credits
Business Writing & Presentation Skills
This introductory course outlines the main principles of writing academic and business reports. In this course, a series of activities are used to develop, extend and enhance analytical and synthetical writing skills. The course explains the importance of knowing one’s audience, purpose and subject of a written report. The sequence of steps in writing effectively is analysed. Prewriting, revising and editing techniques are discussed. The process of conducting a comprehensive literature review is outlined, which compares and contrasts relevant studies, in order to create a solid theoretical foundation, upon which one’s own views can be presented and justified. Finally, the importance issue of plagiarism and how to avoid it is discussed. The workshop on presentation skills teaches you how to prepare and deliver presentations effectively focusing on providing you with the necessary tools that will help you enhance your presentation skills in a face to face and virtual setting. Preparation and delivery techniques are analyzed and emphasis is given on proper structure of content.
Financial Accounting for Lawyers II
The course relies and follows up on "Financial Accounting for Lawyers I" and deals with practical examples of financial accounting and financial statements preparation and analysis (journal entries, ledgers, double-entry bookkeeping, financial statements preparation, ratio analysis etc.).
Financial Management
This course analyzes the major investing and financing decisions made by an international firm. Topics covered include analysis of financial information for managerial decisions, valuation of corporate securities, financing decisions and cost of capital, company valuation, and long-term investing decisions.The students will learn and practice essential skills related to the successful development of a financial plan. After the completion of this course students are expected to be able to conduct financial analysis of major business decisions

3rd Period | January – February

Courses US Credits
Legal Aspects of International Finance
Legal Aspects of International Finance examines the legal issues arising from the operations of the largest commercial banks, merchant banks and investment funds on the international banking and capital markets. In so doing, it considers the detailed structure and content of the main international financial transactions and contracts and negotiation skills involved. Some of these transactions include syndicated lending, Eurobonds, securitization, etc. Although primarily based on an examination and analysis of current international principles, reference is made to relevant laws, including the EU, the US and other national systems. The course has a strong comparative and international law content as well as being based on current market and practitioner insight and best practice in each area.
Finance for Lawyers
The course will introduce the major issues in the theory and policy of finance. Emphasis will be given in the following areas: objectives of the financial manager, financial statement analysis, financial planning, financial markets, investment banking, valuation of corporate securities and the cost of capital. Finally, it examines long-term investing decisions (capital budgeting and Mergers & Acquisitions).
Regulation of Financial Markets
The objective of this Course will be the understanding and familiarization with EU and Greek Financial Services legislation through exploration of EC Directives and Greek Law. The envisaged workshop shall focus on a discussion of a number of issues currently debated on an EU-wide level such as, for instance,    Directive 2004/39/EC on markets in financial instruments (known as MiFID, the new Investment Services Directive) under implementation into Greek law until October 2006), in relation with Laws 2396/1996, 1806/1988 and 3152/2003, as well as the new expected legislation;   the new prospectus Directive 2003/71/EC, in relation with Law 3401/2005 and the level II measures;   the market abuse Directive 2003/6/EC, in relation with Law 3340/2005 and the level II measures (relevant Decisions of the Hellenic Capital Markets Commission);   the new Take Over bids Directive 2004/25, in relation with the new law, now under discussion in the Greek Parliament;   the new transparency directive 2004/109/EC, to be implemented into national legislation until January 2007;   the role and function of the privatised Athens Exchange and its competition with other regulated markets and multilateral trading facilities;   Directive 2001/24/EC on the reorganization and winding up of credit institutions and law 3458/2006;   the new Capital Requirements Directive and Basel II;   the new anti money-laundering legislation: Directive 2001/97/EC and Law 3424/2005;   the developments in the EU legislation regarding securities held with intermediaries (Project of the European Commission: EU Clearing & Settlement, Legal Certainty Group and Unidroit draft convention);   Financial Services Policy 2005-2010: Better regulation and better implementation the first evaluation of the Lamfalussy process. Students will receive the relevant EU and Greek legal documentation and case studies will be presented and discussed during the course.

4th Period | March – April

Courses US Credits
Mergers & Acquisitions for Lawyers
The basic topics which the course will cover are the following:  - Basic forms of mergers and acquisitions; legal and regulatory framework;  - Factors to be taken into account when deciding which form a transaction should take;  - The transaction process – due diligence – sale and purchase agreement;  - Public offer rules - minority rights;  - Antitrust rules.
The Management of Legal Conflict
Social and business interactions are strategic, in the sense that one party’s actions affect the other party and vice versa. One may choose to interact by reaching agreement with the other side or, simply, by seeking to impose one’s view based on commercial power or judicial intervention. This course seeks to study both types of interactions. Firstly, it begins with the analysis of Legal Strategy, that is: the legal interaction that seeks ‘the best possible’ outcome within the constraints of the law, by taking into account the interactivity between the parties and, occasionally, between the parties and the judicial system. It then proceeds to explore the fundamental ways agreement may be sought between the parties either alone (i.e., Negotiations) or in the presence and with the assistance of a third party facilitator (i.e., Mediation). This course concludes with the discussion of how, during litigation in particular, all these processes are potentially interwoven and interdependent. This course helps the students develop the strategic tools necessary in order to manage their clients’ conflicts (or transactions) most proficiently.

5th Period | May – June

Courses US Credits
Intellectual Property Law
This elective course offers an insight into the legal aspects of various forms of intellectual property (IP) such as inventions, patents, trademarks, industrial designs, creative expressions, writings, trade secrets, artistic creations, etc. The course offers its participants the knowledge to protect the rights and the ownership of IP, throughout the development process of various intellectual products from conception, design, and creation, to distribution, marketing and commercial exploitation. The students of this course will be able to meet the challenges faced for IP in the light of the latest developments in science, production, marketing and information technology in a global, knowledge- intensive, business environment. This course is designed for those students who wish to work in organizations (private or public) for which IP is an important economic as well as strategic asset, requiring a special treatment and effective management.
Antitrust Law
The course will consider the application of EC competition law to the distribution of goods and services and in particular the issue of how competition law can affect the choice of the adequate distribution strategy by firms. Topics covered include the antitrust analysis of distribution practices such as resale price maintenance, territorial and customer restrictions, non-compete clauses, selective distribution, franchising, commercial agency agreements, category management, tying/bundling, exclusive dealing, price discrimination, refusal to supply and license as well as vertical mergers and acquisitions producing anticompetitive effects.

6th Period | September – October

Courses US Credits
Sustainability Business Ethics & CSR
Understanding the ethical basis of human behaviour is of fundamental importance for building commitment to organizational goals and for imparting integrity and a sense of the common good in organizational members. The course examines a broad array of matters relating to ethics, including: individual and organizational obstacles to ethics; ethics information processing methods and judging theories; an action-learning framework for ethics leadership; adversarial win-lose ethics methods; integrative win-win ethics methods; dialogic transcendent ethics method; reflection and developing personal and contingency ethics leadership approaches; developing on ethics leadership action-learning plan. The course focuses also on sustainability, corporate social responsibility and corporate accountability with further emphasis placed on business strategies that aim to create long term value and a positive environmental, social and economic impact. Actionable knowledge is achieved by applying theory in real life situations through critical analysis and debating on prominent cases and in class discussions on current trends and developments on sustainable business activities.
Taxation Law
The course will examine the issues arising from the structure of corporate income tax, and its relationship to the taxation of shareholders. Special emphasis will be given to cross border situations and the interaction between domestic legislation, Double Taxation Treaties, European Union legislation and the case law of the European Court of Justice.

7th Period | November – December

Courses US Credits
Corporate Legal Counseling
The course will discuss how you can provide effective legal advice to corporations. We will examine what in-house counsel needs to do to establish the legal function as an influential business partner to the other corporate functions, manage the legal team and deal with financial and technological challenges.


The Professors

Academic Director
Elena Koltsaki Affiliate Professor | Lawyer-Mediator

Elena Koltsaki is a lawyer-mediator based in Greece and a lead mediation trainer at the Bar of Athens Mediators’ Training Institute. She is an accredited Civil/Commercial, Family & Workplace Mediator (UK, USA, Greece) with extensive advanced training in mediation and negotiations (UK & USA - Harvard Negotiation Institute). She has long experience in counseling, negotiations and litigation. She has been serving as an Expert Advisor to the Hellenic Parliament and as a dispute resolution expert on international projects with ADR Center – Member of Jams International.

alba profile link
Course Faculty
Associate Professor of Finance and Quantitative Methods view more
Evangelia Baralou Academic Director of the MSc in Tourism Management
Senior Lecturer in Organisation Studies, Open University, UK view more
Head of Career Development & Community Engagement, Highered. view more
Professor in Banking and Finance Law , Centre for Commercial Law Studies (CCLS) at Queen Mary University of London view more
Associate Professor in the Practice of Accounting view more
Kostas Tzioumis Academic Director of the MSc in Finance
Associate Professor of Finance view more
Stefanos Zarkos Associate Dean of Academic Programs, Academic Director of The Alba MBA & MSc in Entrepreneurship
Professor in the Practice of Finance view more
Tax Partner , Grant Thornton view more


After completing the program participants should be able to:

  • Demonstrate a solid understanding of the language of business;
  • Have a genuine understanding of global financial markets;
  • Collaborate in and contribute to complex projects in financing and restructuring;
  • Introduce a managerial dimension to the practice of Law;
  • Make refined judgements in the application of ethics in business and the legal profession;
  • Demonstrate strong communication and negotiation skills;
  • Negotiate effective win-win solutions;
  • Have a strategic mindset when dealing with wider business challenges.


Scholarships Scheme

You can secure pre-approval of your Scholarship, before you apply for admission to the MBA or MSc program of your choice.

Apply for scholarship

GMAT Scholarships

Scholarships of 40%  for MBAs and MSc programs for GMAT ≥ 700

SEV (Hellenic Federation of Enterprises) Scholarships

Partial scholarships of 50%  to Small and Medium Enterprises – members of SEV, offered as rewarding services to the members of the Federation.

Theodore Papalexopoulos Scholarship

Partial scholarships, based on a combination of academic/professional excellence, high academic & professional potentials and presence of financial need.

Ulysses Kyriakopoulos Expendable Scholarship

Partial scholarships, based on a combination of academic/professional excellence, high academic & professional potentials and presence of financial need.

National Bar Exams Scholarship

Five 40% merit based scholarships for those who scored high at the National Bar Exams, Period 2023 A


Eanda Scholarship

Partial up to full scholarships for MSc Business for Lawyers exclusively for E.A.N.D.A members.

Athens Bar Association

Partial up to full scholarships for MSc Business for Lawyers exclusively for members of the Athens Bar Association.

Piraeus Bar Association

Partial up to full scholarships for MSc Business for Lawyers to members of the Piraeus Bar Association.

Democritus University of Thrace

Scholarships up to 100% for MSc in Business for Lawyers of the Law School of Democritus University. 

Scholarships up to 100% for MSc in International Business & Management of any School of Democritus University.


To be considered for admission, candidates must:

  • Hold a bachelor’s degree in law
  • Provide evidence of excellent command of the English language;
  • Need to be currently employed or self-employed or recent graduates;
  • GMAT tests are optional unless the Academic Committee requires the applicant to take them: in any case, scores of 550 or more (GRE >155) can strengthen your application and help you secure a scholarship.

Candidates must submit:

  • The completed application form, including one recent photograph in jpeg format;
  • Two letters of recommendation in Greek or in English language;
  • Official Academic Transcripts as well as Certified copies of degrees from each undergraduate, graduate or professional degree earned;
  • Proof of competence in the English language (unless schooled in English): Proficiency (Cambridge Proficiency, Michigan Proficiency, MSU Proficiency), or TOEFL, or IELTS, or Duolingo English Test;
  • Three Essays, as indicated in the Application form;
  • Receipt of the non-refundable application fee's [€60] deposit.

Click here to download the details for admission.

For details on academic policy, course credit policy, fee policy, and rules for student conduct, please refer to the Student Handbook .

Additionally, the School's Students Code of Conduct can be found here.


Get in touch with us
Teta Arvaniti Senior Manager - Admissions

We urge applicants to request further information or to come for a meeting at our downtown campus, in order to better understand their profile and motivations.

Just fill out and submit the form below and we will respond to you as quickly as possible.

Tel.: +30 210 89.64.531 ext. 2269

e-mail: [email protected]

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