Tuition Fees
The tuition fee of the LL.M. International Finance program from 2025/26 is set at €20,000. This fee covers tuition, the use of the ILF facilities, the use of the facilities at the University of Frankfurt, the conferment of the degree upon the successful completion of the program requirements, transcripts, degree certificates as well as selected extracurricular activities. It does not cover the costs of living (i.e. board and lodging), health insurance, teaching materials or computer consumables.
In addition, all enrolled students are required to pay the semester enrolment fees of Goethe University Frankfurt of approximately €350 per semester (ie every 6 months). All enrolled students are subject to our Terms of Enrolment regarding payment.
The ILF does not provide any grant to students for the costs of living. Before being admitted to the ILF program, every student must satisfy the Admissions Committee that he/she is able to meet reasonable living expenses for the entire duration of the program.
Scholarships
Students will receive scholarships reducing the total tuition fees
- by 3,000 Euro (15% of tuition fees) if their applications are received by the ILF by 15 January
- by 2,000 Euro (10% of tuition fees) if their applications are received by the ILF by 28 February.
How to Apply?
Graduates with a degree in either law, business or economics from Asia are eligible to apply to join the LL.M. International Finance program. We recommend that you send in your application as early as possible in order to secure a place in our program.
Please send your application via email to LLMint@ilf.uni-frankfurt.de. The recommendation letters shall be sent by your referees to this email address directly.
Application Deadline
Application Deadline for Program 2025/26:
- 15 May 2025: Countries where APS certificates are required (i.e. China, India, Mongolia and Vietnam)
- 1 July 2025: All other Countries
Note: As students from the People’s Republic of China, India, Mongolia and Vietnam need to apply for APS certificates which may take up to 6 months’ processing time, they are highly recommended to apply for admission to the ILF as early as possible.
Applications will be considered on a “rolling basis”. Applicants will be informed of the results of their applications within 6 weeks of receipt by the ILF of the completed application. Admissions to the LL.M. International Finance program will be granted to successful applicants on a “first come first served” basis. No application fee is required. All decisions regarding admissions to the LL.M. International Finance program are made by the Admissions Committee.
Terms of Payment
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Application Documents
- Application Form
- Curriculum Vita
- Letter of Motivation
- 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 580, CBT TOEFL 237, IBT TOEFL 92 (ILF's Institutional Code with TOEFL is 5984), Cambridge CAE (grade C or above), or IELTS 6.5 (or any other Cambridge English certificate with minimum 176 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.
- Letters of Recommendation - At least two sealed and confidential letters of recommendation, preferably from university professors and/or employers must be submitted. The letters may either be included together with the application materials (as long as they are in a sealed envelope preserving confidentiality) or sent to the ILF directly by the referees. References should be current. More than two references may be included.
- 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 2021). 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.
- Two Passport-Sized Photographs or digital Passport-Sized Photograph.
- Photocopy of Passport
- APS certificate from the Akademischen Prüfstelle in Beijing and Shanghai, New Delhi, Ulan Bator or Hanoi for applicants from China, India, Mongolia or Vietnam.
Contact
Deadline for Applications
Program 2025/26:
15 May 2025: Countries where APS certificates are required (i.e. China, India, Mongolia and Vietnam)
1 July 2025: All other Countries
LL.M. International Finance Brochure
