I. Introduction to Goethe University Frankfurt am Main
Goethe University Frankfurt am Main is a comprehensive public university. Compared with other prestigious schools with long histories in Germany, Goethe University Frankfurt am Main, established in 1914, boomed rapidly in only a hundred years of development. 18 (8 graduates) Nobel Prize winners learned, worked and did research here. Goethe University Frankfurt am Main is one of the “league of U15 universities” in Germany and has strong research strength.
The Institute for Law and Finance (short for ILF) was established by Goethe University Frankfurt am Main in 2002, providing the full English LL.M. program for international students. By virtue of the environmental advantage of Frankfurt as the financial center of the Continental Europe, ILF has become one of the important platforms for academic exchanges in the field of law and finance in Europe.
The Institute for Law and Finance of Goethe University Frankfurt am Main cooperated with the European Central Bank, Deutsche Bundesbank, Deutsche Bank, Commerzbank, German Stock Exchange, the world's top law firms, big four accounting firms and internationally renowned companies to provide excellent students and industry leaders with academic exchange and practice platforms, and it is the cradle of elites and talents in European law and finance.
II. Introduction to the Program
The duration of the LL.M. International Finance Program is one year, starting in October each year and ending in July of the following year. July to October of the following year is the time for the writing of the master’s thesis. Two semesters of the courses are held in Frankfurt, and the students can choose to prepare thesis in Germany or return to their country. The total credits of the program are 60 points.
III. Target of Enrollment
Fresh graduates of law, economics, finance, and business; masters or doctoral students or graduates in law, economics, finance, or business; practitioners in the field of law, finance or business. There is no upper age limit.
IV. Course Setting
The program has 11 compulsory courses, including 8 legal courses and 3 business/economic courses.
Legal courses include: Capital Market and Securities Law, Contract Drafting, Commercial Banking Law*, Corporate Finance Law, Investment Banking Law*, Acquisition Financing Law, M&A Law, and Financing Instrument Rules.
Business and economics courses include: Global Financial Environment*, Financial Markets and Financial Institutions*, and Financial Foundations.
(*courses are shared courses with LL.M. Finance students.)
Each of the above courses is 5 credits. Students are required to pass 9 of them to obtain 45 credits. The master's thesis is 15 credits. The whole program has a total of 60 credits.
Except the above courses, there are also two introductory courses and Legal and Management Training Program. Introductory courses and the Legal and Management Training Program have no credit but are compulsory courses. The two introductory courses are the Foundation of Financial Mathematics and the Foundation of European Union Law, which are designed to give students a preliminary understanding of the general situation of European Union law in the first week of the school every October. The Legal and Management Training Program includes advanced legal and business English, business management training, and field trips to related companies, aiming to strengthen students’ soft power in the international job market.
In addition, students may also freely participate in speeches, forums and lectures held in the Institute for Law and Finance of Goethe University Frankfurt am Main every year to communicate with the world’s scholars in the field of financial law. Students are also arranged to visit the German Parliament in Berlin, the German capital, the European Parliament in Brussels, Belgium, the German Stock Exchange, the European Central Bank and Commerzbank in Frankfurt.
V. Tuition and Scholarship
The tuition of the program is 18,000 euros (excluding the accommodation and living expenses). The monthly living expense (including the accommodation expense) in Frankfurt is about 800-1,000 euros. If we receive materials before January 15, a scholarship equal to 15% of the tuition (i.e. 2,700 euros) will be provided for applicants, i.e. the tuition will be 15,300 euros; if the materials are received before February 28, a scholarship equal to 10% of the tuition (i.e. 1,800 euros) will be provided for applicants, i.e. the tuition will be 16,200 euros.
Please check the annexes or participate in the program seminar held in 1922 Conference Room of the back main building at 12:30pm October 25, 2019 (this Friday) for more details of the program.