Who can apply?
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The LL.M. Finance program is specifically designed for graduates who already have a first degree in law, business or economics from an accredited or recognized university. Therefore, if you possess a first degree in any of these subjects and have outstanding academic records, we would be happy to receive your application. Previous professional experience is not a requirement. We admit a mix of students with and without prior working experience who will equally benefit from the program.
Since English is the sole language of instruction, you must have a good command of written and spoken English. Your proficiency in English must proven to surpass a level of TOEFL 600, CBT TOEFL 250, IBT TOEFL 100, Cambridge CAE (grade C or above) or IELTS 6.5 unless your native tongue is English or your first degree was taken in English.
The ILF limits its admissions to 50 students each year in order to ensure academic excellence and direct, personal contact between students and the faculty.
Duration of the Program
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The LL.M. Finance program is a one-year postgraduate degree program. It is divided into two semesters, namely the winter semester (October to February) and the summer semester (April to July). The program commences in October and teaching ends in July of the following year. The Master’s Thesis is due in October. The program also includes a two-month internship which usually takes place in the break between the winter and summer semesters.
Part-time Students
Subject to the prior approval of the ILF, students may arrange to complete the regular one-year LL.M. Finance program over a period of two years. The purpose of such an arrangement is to allow students to work part-time during their studies, thereby financing their studies at the ILF. The details for such part-time study has to be agreed between the student and the ILF on an individual basis and have to comply with the regular course requirements and schedule, such as accumulating a minimum number of credits over a period of two years.
Students who have opted for a full-time program will not be allowed to switch to a part-time program after the start of the program.
Conferment of Degree and Accreditation
The LL.M. Finance Degree is conferred by the Faculty of Law of Goethe University Frankfurt am Main.
The Institute for Law and Finance and the LL.M. Finance degree are accredited by the ZEvA, Germany’s Central Evaluation and Accreditation Agency. The ZEvA is a member of the European Network for Quality Assurance in Higher Education, ENQA, and participates in their Joint Quality Initiative (JQI) which has developed evaluation criteria for Bachelor and Master degrees at the European level. The ZEvA accreditation is based on internationally accepted standards of accreditation.
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