The European Education Directory

Master in Law and Finance


For the past decade and more, numerous and rapid changes have taken place in global financial markets. The developments in the financial sector, the products available and the need for supervision and regulation have dramatically altered the requirements for legal study.

The modification of consumers’ needs in the markets, development of new products by financial institutions as well as the rapid globalization of the financial markets itself have significantly affected the skills that young professionals need to possess in order to succeed. In addition, the current crises which we are now facing in the financial markets has made the analysis and understanding of this field even more necessary if one wishes to perform in this area of work.

Therefore, what we would need is a specialized international and interdisciplinary course of study focusing on both the theoretical aspects as well as the practical approaches on how things are done and should be done in the world of law and finance.

In this regard, the Institute for Law and Finance (ILF) at Goethe University in Frankfurt am Main offers a unique one-year graduate program leading to a Master of Laws in Finance (LL.M. Finance). German is not a requirement for admission since all courses are conducted in English. ILF students are fully-enrolled members of Goethe University which confers the LL.M. Finance degree.

No more than 50 highly qualified graduates will be admitted for study. The program is aimed at students with a prior degree in law or business/economics and who have an interest in combining theoretical knowledge with practical training in law and international finance. The emphasis is on international diversity, with over 20 different countries represented among the students. The program builds on the role of Frankfurt as a leading banking, central banking and financial center of the European Union. The curriculum is interdisciplinary, covering all aspects of international financial law with emphasis on the EU and the US, along with parallel developments in the field of international finance. The ILF faculty consists of both leading academics as well as experienced practitioners from Europe’s financial world, leading law firms and the European Central Bank, the German Bundesbank and BAFin (German Financial Supervisory Authority).

The ILF is located in the House of Finance at Campus Westend of the Goethe University, which offers the most modern equipment and facilities and state of the art technology for the use of its students during their studies at the ILF. The House of Finance amalgamates the university's interdisciplinary research on finance, monetary economics, and corporate and financial law under one roof. About 130 researchers with special interests in various aspects of finance coming from several academic research and training units are working together. As a result, our students have increased contact and network opportunities available due to the presence of researchers and experts working in the field of law and finance at the House of Finance.

Tuition costs are set at 15,000 Euros. It is possible to apply for financial assistance. For students seeking to combine study with work (i.e. studying on a part-time basis), it is also possible to arrange for the courses to be taken over a period of two years.

The LL.M. Finance program incorporates a special two-month internship with public and private institutions which support the ILF. These institutions typically include leading international law firms, banks, international accounting firms, the European Central Bank, Deutsche Bundesbank, BAFin and others. The ILF internship program offers a valuable opportunity to acquire relevant working experience and to create a network of professional contacts.

Contact us:

Institute for Law and Finance
im House of Finance der Goethe-Universität
Campus Westend - Grüneburgplatz 1
60323 Frankfurt am Main

Phone: +49 (69) 798-3 36 24
Fax: +49 (69) 798-3 39 21


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