Who can apply?

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.

Applicants who have earned a law, business or economics degree by correspondence course work or distance learning are not eligible for admission. 

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.

As our program can be done on a part-time basis, we have both full-time and part-time students.

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 260, IBT TOEFL 100 (with a minimum of 22 for each section), Cambridge CAE (grade C or above) or IELTS 7.0 unless your native tongue is English.

The ILF limits its admissions to 60 students each year in order to ensure academic excellence and direct, personal contact between students and the faculty.

Duration of the Program

The LL.M. Finance program at the ILF 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.

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.