The Institute for Law and Finance, Frankfurt University
The Institute for Law and Finance (ILF) is a center for academic excellence in teaching and research.Leading commercial banks and international law firms, the Frankfurt Chamber of Commerce and Industry, the City of Frankfurt and the State of Hesse, as well as the European Central Bank and the Deutsche Bundesbank have been actively involved in the ILF right from the planning stages until today.
Master of Laws in Finance (LL.M. Finance)
The Master of Laws in Finance (LL.M. Finance) degree program is offering a comparative law and interdisciplinary basis to highly-qualified graduates of law or business/ economics from Germany and overseas. This Master’s program is aimed at students interested in combining theoretical knowledge and practical training in the specialized fields of law and international finance. Courses in this highly-specialised program are conducted entirely in the English language. Since October 2014, the ILF offers a second LL.M. program, namely Master of Laws in International Banking, Securities and Finance (LL.M. International Finance) which is a program aimed at graduates from Asia.
Single/Double Diploma: Single or Double (Boston University School of Law or FGV DIREITO RIO, Brazil)
Number of Places/Students per year:60 students
Duration: 1 year
Price/Fee: € 18,000 (full-time) and €22,000 (part-time)
Scholarships: ILF Scholarships (Financial Need-Based), Robert Koehler Scholarship (formerly “Georgieff Capital Scholarship”).More details: http://www.ilf-frankfurt.de/llm-programs/llm-finance/admissions/financing-options/
Accommodation: no information provided yet
Application Process: Applicants with an undergraduate degree in law, business or economics may apply to join the LL.M. Finance program. The application processing period starts on 15 November of every year. They recommend that you submit your application early in order to secure a place in the program and no application fee is required.
Applications will be considered on a “rolling basis”. Consideration of completed applications will begin in December and candidates will generally be informed of the results of their applications within 6 weeks of receipt of the completed application by the ILF. No application fee is required.
Candidates are urged to submit their applications as soon as possible since applications are considered in the order in which they are completed. As such, admissions will be given on a "first come first served" basis.
- References: At least two sealed and confidential letters of recommendation, preferably from university professors and/or employers must be sent to the ILF directly by the referees, either by email or by post to the address listed above. References should be current. More than two references may be included. (http://www.ilf-frankfurt.de/fileadmin/content/download/Forms/Recommendation_Form.pdf)
- Application Form
- Letter of Motivation
- Curriculum Vitae
- University Entrance Qualification: e.g., high school diploma, Abitur, Baccalauréat or other similar diploma. Documents qualifying university entrance and the transcripts must be submitted in English or German or as certified translations into one of these languages. All copies must be certified by a notary public or other appropriate public institutions.
- Academic Degrees: Degree certificates and transcripts must be submitted in English or German or as certified translations into one of these languages. All copies must be certified by a notary public or other appropriate public institutions.
- English Proficiency: Proficiency in English must surpass a level of TOEFL 600, CBT TOEFL 250, IBT TOEFL 100 (with a minimum of 22 in each section), (ILF's Institutional Code with TOEFL is 5984), Cambridge CAE (grade C or above), or IELTS 7.0 (or any other Cambridge English certificate with mininum 185 Cambridge English Scale points or equivalent) unless your native tongue is English. You should request the test center to directly send a copy of the official test results to the ILF. If the testing schedules do not allow the results to be available by the application deadline, you should state in your application when the results will be available.
- Class Rank: A written confirmation from the relevant university indicating your class rank should be included in your application. This confirmation shall state your relative standing in the year of graduation and where possible, broken down into the relevant majors (e.g. in top 5% of law graduates in the class of 2005). The total number of students should also be stated. This information is required to assess the performance of the applicant in relation to his/her peers. If a given university does not provide such information, we need a written statement by the university to that effect.
- Optional: Application for ILF Scholarship (Financial Need-Based) (if applicable) Any application for financial aid must be made at the same time as the application for admission. Subsequent applications for financial aid will not be considered. Documents supporting the application for financial aid may follow the application itself.
- Two hard copy Passport-Sized Photographs or 1 digital Passport-Sized Photograph
- Photocopy of Passport
Additional docs for Non-EU/EEA:
- For applicants from the People's Republic of China, an APS certificate from the Akademischen Prüfstelle (https://www.aps.org.cn/) in Beijing
- For applicants from Vietnam, an APS certificate from the Akademischen Prüfstelle (http://www.hanoi.diplo.de/Vertretung/hanoi/de/06/APS__Hanoi) in Hanoi
Courses ( 60 ECTS)
- Compulsory: Basics of EU law-Introductory Course
- Optional: European and International Insurance Contract Law, Regulation and supervision of the single financial market, Global economic environment
- Thesis: Yes
- Internship: Yes, the LL.M. Finance degree program includes a 7 to 8 weeks' internship.
LLM Contact :
Admissions and Recruitment Manager
Tel: +0049 (69) 798 33624
By Madalina Enea