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About University

About Institute for Law and Finance, Germany

Academic Programs

  • Master of Laws (LL.M.) in Finance: This program is designed for graduates with a legal background. It focuses on European and international banking, securities, and finance law.

  • Master of Laws (LL.M.) in International Banking, Securities and Finance (for Asian Graduates): Tailored for graduates from Asian countries, this program provides education in European and international financial law.

  • Doctoral and Research Programs: The ILF also supports doctoral candidates and researchers in related fields.

Research and Collaboration

  • Research Focus: The ILF is involved in various research projects in the fields of finance and law, often collaborating with financial institutions, law firms, and other universities.

  • Conferences and Seminars: Regular hosting of conferences and seminars on current issues in banking, finance, and law, featuring experts from around the world.

Student Experience

  • International Environment: The student body at the ILF is typically diverse, with students from various countries, providing a rich international learning environment.

  • Practical and Theoretical Learning: The curriculum blends theoretical knowledge with practical application, including case studies and interactions with professionals from law firms and financial institutions.

Location

  • Situated in Frankfurt: Being located in Frankfurt, a leading financial center in Europe, the ILF offers students unique networking opportunities and insights into the European banking and financial market.

Career Opportunities

  • Graduates from the ILF often pursue careers in legal and financial fields, including working for law firms, banks, financial regulators, and international organizations.

Facilities and Resources

  • Library and Resources: Access to extensive resources and a specialized library for research in law and finance.

  • Modern Facilities: As part of Goethe University, the ILF offers modern teaching facilities and support services.


Bachelors Course Programs at Institute for Law and Finance, Germany

Program Name

Duration

Tuition Fees Per Year (USD)

LL.M. Finance

1 year

$20,000 - $30,000

LL.M. International Banking, Securities and Finance (for Asian Graduates)

1 year

$20,000 - $30,000


Masters Course Programs at Institute for Law and Finance, Germany

Program Name

Duration

Tuition Fees Per Year (USD)

Master of Laws (LL.M) in Finance

1 year

$20,000 - $30,000

Master of Laws (LL.M) in International Banking, Securities and Finance (for Asian Graduates)

1 year

$20,000 - $30,000


Intake And Eligibility of Institute for Law and Finance, Germany

Intake Periods

  1. Primary Intake:

    • Most programs at the ILF are likely to have their main intake in the Fall semester, which usually begins in October.

    • The application deadline for the Fall intake might be several months earlier, often in the spring or early summer.

  2. Secondary Intake:

    • Depending on the specific program, there may also be a Spring intake, which typically starts in April.

    • Application deadlines for the Spring intake could be in the late fall of the previous year.

Eligibility Criteria

For Master's Programs such as the LL.M. in Finance:

  1. Academic Qualifications:

    • A first degree in law, economics, business administration, or a related field. For law-focused programs, a law degree might be specifically required.

    • Academic performance in previous studies is a key consideration.

  2. Work Experience: Some programs, especially those aimed at professionals, may require or prefer candidates to have relevant work experience.

  3. Language Proficiency:

    • Since programs are likely offered in English, proficiency in English is a must. This is typically proven through tests like TOEFL or IELTS for non-native speakers.

    • Knowledge of German might not be essential but could be beneficial.

  4. Standardized Tests: Depending on the program and the applicant’s background, standardized tests like the GMAT or GRE might be required or recommended.

  5. Personal Statement: A statement of purpose outlining the applicant’s motivations for pursuing the program, career goals, and how the program aligns with these goals.

  6. Letters of Recommendation: Professional or academic references supporting the application.

Application Process

  • Direct Application: Applications are generally submitted directly to the ILF, often through an online application portal.

  • Documentation: This typically includes transcripts, language test scores, letters of recommendation, a statement of purpose, and a CV/resume.


Scholarship Available at Institute for Law and Finance, Germany

Scholarship Name

Eligibility Criteria

Award Amount

ILF Excellence Scholarship

Outstanding academic and professional record

Full or Partial Tuition Waiver

ILF Women in Finance Scholarship

Female candidates showing exceptional potential in finance or law

(e.g., 25-50% of tuition fees)

ILF International Student Scholarship

Non-EU students with strong academic background

(e.g., 20-40% of tuition fees)

ILF Need-Based Scholarship

Demonstrated financial need

Partial Tuition Waiver

ILF Alumni Scholarship

Alumni of Goethe University or ILF programs seeking further education

(e.g., 10-20% of tuition fees)


Institute for Law and Finance, Germany Campus & Accommodation Facilities

Accommodation Type

Description

Cost per Month (USD)

University Dormitory

Single room, shared facilities

$300 - $500

Shared Off-Campus Apartment

Shared apartment, private bedroom

$400 - $700

Private Off-Campus Apartment

Single occupancy, amenities

$700 - $1,200

Studio Apartment

Private studio, includes kitchenette and bathroom

$600 - $900

Homestay

Room in a local family's home

$450 - $600


Students Life at Institute for Law and Finance, Germany

Academic Environment

  • Rigorous Curriculum: Students engage in a challenging curriculum that combines theoretical learning with practical application in the fields of law and finance.

  • Diverse Student Body: Given the ILF's international focus, students are likely to interact with peers from various countries, providing a multicultural learning experience.

Networking and Professional Development

  • Industry Connections: Frankfurt's status as a financial hub offers ample opportunities for networking with professionals in finance, banking, and law.

  • Seminars and Workshops: Regular events featuring industry experts, alumni, and academicians, providing insights into current industry trends and career paths.

Campus Life

  • Facilities: Access to Goethe University's libraries, study spaces, and other academic resources.

  • Student Organizations: Opportunities to join student clubs and organizations, which may include groups focused on law, finance, and international cultures.

City Life in Frankfurt

  • Cultural Exposure: Frankfurt is a city with rich cultural offerings, including museums, theaters, and historical sites.

  • Social Scene: A variety of restaurants, cafes, and nightlife options catering to a diverse international population.

  • Green Spaces: The city offers parks and recreational areas for relaxation and outdoor activities.

Accommodation

  • Housing Options: Students typically choose between university dormitories, private apartments, or shared housing within the city.

  • Living Expenses: Frankfurt, being a major financial center, has a relatively high cost of living compared to other German cities.

Support Services

  • Career Services: Guidance on internships, job placements, and career strategies, particularly in law and finance sectors.

  • International Student Support: Assistance for international students with visas, accommodation, and adapting to life in Germany.

Community Engagement

  • Volunteering Opportunities: Engagement with local community projects and initiatives, which can be a valuable part of the student experience.


Placements in Institute for Law and Finance, Germany

Career Services and Placement Support

  • Career Services: The ILF likely offers career counseling, resume building workshops, interview preparation, and job search assistance to its students.

  • Networking Opportunities: Given its focus on law and finance and its location in Frankfurt, the ILF probably facilitates networking events, allowing students to connect with professionals in the finance and legal sectors.

Typical Employment Sectors for Graduates

  • Legal and Financial Services: Graduates may find opportunities in law firms, banks, financial institutions, and consultancy firms.

  • Corporate Sector: Roles in corporate legal departments, compliance, risk management, and financial analysis within multinational companies.

  • Regulatory Bodies and Public Sector: Employment with regulatory agencies, central banks, and other government-related entities dealing with financial regulation and policy.

  • International Organizations: Opportunities in international organizations dealing with financial law and regulation.

  • Academia and Research: Some graduates might pursue careers in academic research or teaching, especially those with doctoral degrees.

Skills and Competencies

  • Graduates from the ILF are expected to have strong analytical skills, legal and financial knowledge, and the ability to apply these skills in a practical, real-world context.

Alumni Network

  • Alumni Relations: The ILF likely maintains an active alumni network, which can be a valuable resource for job leads and professional connections.

Considerations

  • Market Demand: The success of ILF graduates in the job market will be influenced by the demand in the legal and financial sectors, both within Germany and internationally.

  • Language Skills: While Frankfurt is an international city, proficiency in German can be an advantage in the job market, particularly for roles within Germany.

Browse by Courses

MBA in International Finance

Course Level: Master's
Course Duration: 2 Years
Course Language: English
Required Degree 4 Year Bachelor’s Degree

LL.M in Finance

Course Level: Master's
Course Program: Law & Legal Studies
Course Duration: 2 Years
Course Language: English
Required Degree 4 Year Bachelor’s Degree

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