Law graduates The usual qualification for entry to the LLM programme is a degree in law, or a degree with a substantial law content, of at least 2.1 honours (or equivalent). Law graduates with 2.2 honours who also have other legal qualifications and/or substantial professional legal experience may also qualify. Non-law graduates Non-law graduates with a minimum second class honours degree, that have also obtained a Merit (or 60 per cent) in the Common Professional Examination (CPE) or Graduate Diploma in Law (GDL) recognised by the UK professional bodies, may also qualify. Non-law graduates may also be considered on the basis of exceptional professional experience (of at least five years) in a legal area or an area directly related to their programme of study. In all cases, a full online application is required in order for a fair assessment and decision to be made. Each application is considered on its merits and on sight of full application documents. A full and detailed CV is required for all applications and is particularly relevant where professional experience needs to be considered.
Months of entry
The LLM in Banking and Finance Law provides a thorough grounding in the fundamental principles of international finance and financial services law, covering local and international developments from practical, regulatory and policy perspectives. A wide range of regulatory and transactional areas are covered including, monetary law, banking law, financial regulation, central banking, securities law, secured transactions, corporate finance and M&As, insolvency cross-border insolvency, electronic banking, financing of developing economies, EU financial law and business ethics. You can choose from a wide selection of modules to design a programme of study that best facilitates your interests.
Our academics are engaged in current banking and finance policy making and legal regulatory reforms. In light of the recent economic global crisis and the ensuing new regulations, modules have been developed to reflect these changes, for example ‘Islamic Finance and Commercial Law’ and ‘Ethics in Business and in Finance’. This has led to the creation of a seminar series, featuring prominent figures from both industry and academia.
On many of our modules, you will have the opportunity to hear from and discuss with prominent figures from leading institutions, including the Bank of England, the World Bank, the Federal Reserve Bank of New York, the European Central Bank, the Bank for International Settlements, the International Monetary Fund, as well as partners in law firms from across the world.
Your fellow students will come from the UK and more than 80 other countries, each able to draw on prior academic and in many cases professional experiences from different jurisdictions to enrich discussion and debate in class.
The LLM is available to study full-time for one year or part-time for two years.
Each of the LLM programmes follows a common format: you will take 135 credits worth of taught modules (examined in May-June) and thereafter you work on a 15,000-word dissertation worth 45 credits (submitted mid August).
What differs from programme to programme is the range of modules that you are required to choose from. If you wish to take an unrestricted range of modules and any approved dissertation topic you should apply for the Master of Laws.
Professional Module Exemptions
The Chartered Banker Institute (CBI) has recognised masters programmes offered by the School of Economics and Finance for advanced standing for the Chartered Banker Diploma. Graduates can proceed directly to the Chartered Banker Diploma with no requirement for prior underpinning study, recognising the high level of commonality of elements within LLM Law and Economics programme content against the CBI’s Diploma modules.
Students on the LLM Banking and Finance programme who take both the QLLM136 Ethics in Business and in Finance and QLLM007 Banking Law modules will be eligible for exemption from the Chartered Banker Diploma compulsory module: Professionalism Regulation and Ethics.
To specialise in this area, you must select 90 credits of modules from this list and do your compulsory dissertation in the field of Banking and Finance Law (45 credits). The additional 45 credits of taught modules can be in this area or can be unrelated and therefore selected from the full list of LLM available modules.
All modules are 22.5 credits unless otherwise stated below.
Note: Not all of the modules listed will be available in any one year. Any modules not available in the forthcoming academic session will be identified as soon as this information is confirmed by teaching academics.
- QLLM062 International Tax Law (45 credits)
- QLLM068 Law of Economic Crime (45 credits)
- QLLM069 Law of Finance and Foreign Investment in Emerging Economies (45 credits)
- QLLM084 Secured Financing in Commercial Transactions (45 credits) (Not running 2016-17)
- QLLM122 European Union Tax Law (45 credits) (Not running 2016-17)
- QLLM138 General Principles of Insurance Law (Sem 1)
- QLLM139 Insurance Regulation (Sem 2)
- QLLM141 Insurance Contracts (Sem 1)
- QLLM142 Reinsurance Law (Sem 2)
- QLLM155 Principles of Regulation (Sem1)
- QLLM156 Introduction to Insurance Regulation (Sem 1) (Not running 2016-17)
- QLLM164 Elements of Islamic Law (Sem 1)
- QLLM165 Islamic Finance and Commercial Law (Sem 2)
- QLLM180 US International Taxation (45 credits)
- QLLM195 Transfer Pricing (Sem 1)
- QLLM310 Compliance in Global Contexts (Sem 2)
- QLLM354 Information Security and the Law (sem 2)
- QLLM357 Chinese Banking and Finance Law (Sem 2)
- QLLM360 Banking Law: International (sem 1)
- QLLM361 Banking Law (sem 2)
- QLLM362 International Finance Law (sem 1)
- QLLM363 International Finance Law Applied (sem 2)
- QLLM365 Legal Aspects of Financing Development (sem 2) (Not running 2016-17)
- QLLM366 Regulation of Financial Markets (sem 1)
- QLLM367 International Financial Regulation (sem 2) (Not running 2016-17)
- QLLM368 Corporate Rescue and Cross-border Insolvency (sem 1)
- QLLM369 Financial Distress and Debt Restructuring (sem 2)
- QLLM372 Corporate Finance Law (sem 1)
- QLLM373 Mergers and Acquisitions (M and As) (sem 2)
- QLLM374 Law and Ethics in Finance (Sem 1) (Not running 2016-17)
- QLLM375 Corporate Governance and Responsibility in Finance (Sem 2) (Not running 2016-17)
- QLLM376 International Economic Law (sem 1)
- QLLM377 EU Financial and Monetary Law (sem 1)
- QLLM378 Securities Regulation (sem 2)
- x CCLE019 Accounting for Lawyers (Sem 1)
- x CCLE021 International Macroeconomics for Lawyers (Sem 1)
- x CCLE026 Financial Models and Derivatives in a Legal Context (45 credits)
- x CCLE027 Financial Models and Application to Corporate Finance (45 credits)
Fees and funding
There are a number of sources of funding available for Masters students.
These include a significant package of competitive Queen Mary bursaries and scholarships in a range of subject areas, as well as external sources of funding.
School of Law scholarships
The School of Law offers a range of scholarships for Law Masters programmes each year. Full details are made available on the law funding page from October – November each year.
Queen Mary bursaries and scholarships
We offer a range of bursaries and scholarships for Masters students including competitive scholarships, bursaries and awards, some of which are for applicants studying specific subjects. http://www.law.qmul.ac.uk/postgraduate/funding/index.html
Qualification and course duration
Course contact details
- Susan Sullivan
- +44 (0)20 7882 8092
- +44 (0)20 7882 6044