Fees and Application

Tuition Fees

The tuition fee of the LL.M. International Finance program is set at €16,000. 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.

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.

Application Deadline

Application Deadline for Program 2019/20:

  • 15 May 2019: Countries where APS certificates are required (i.e. China, Mongolia and Vietnam)
  • 1 July 2019: All other Asian Countries

A scholarship of 10% (€1,600) will be offered to applicants whose applications are received before 28 February 2019.

Note: As students from the People’s Republic of China, 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.

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. We accept applications sent by regular mail or courier send to the following address, but not electronically.

Institute for Law and Finance

c/o Ms. Chongxiang Chen

Admissions & Marketing Manager
Goethe-Universität Frankfurt
Campus Westend, House of Finance
Theodor-W.-Adorno-Platz 3
D-60629 Frankfurt am Main

1)|Application form
2)|Letter of Motivation
3)|Curriculum Vita
4)|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.
5)|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.
6)|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 min 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.
7)|References - 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.
8)|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.
9)|Two Passport-Sized Photographs
10|Photocopy of Passport
11)|APS certificate from the Akademischen Prüfstelle in Beijing and Shanghai, Ulan Bator or Hanoi for applicants from China, Mongolia or Vietnam.

All decisions regarding admissions to the LL.M. International Finance program are made by the Admissions Committee.