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.
Apply online for the LLM in Banking and Finance Law:
Read the LLM application checklist.
On the application form you will be applying for entry to your chosen LLM programme. All individual module choices will be finalised after enrolment and induction. You will have a two-week induction and a full week of teaching before making your selection to enable you to make an informed final choice.
The LLM in Banking and Finance Law course so far could not be better. The lectures are first class and supplemented by leading expert practitioners from city-law firms and international institutions such as the EBRD and the ECB. Queen Mary staff, both academic and non-academic, are most cooperative and friendly...
Michael Burket, Germany. See what our students say about this course.
Professional Module Exemptions for the Chartered Banker Diploma from the Chartered Banker Institute (CBI)
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 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.
Why study your LLM in Banking and Finance Law at Queen Mary?
The School of Law has consistently been ranked in the top 10 law schools in the UK for the quality of our research and teaching, and many of our internationally recognised staff act as advisers to governments, industry and NGOs, both nationally and internationally.
The Postgraduate Law Centre is based in Lincoln’s Inn Fields, Holborn, the legal district of London, close to law firms, chambers and the Royal Courts of Justice.
- There is a very high rate of employment of our students within six months of graduation.
- You will benefit from the expertise of the law careers advisers who organise events and internship opportunities with top UK and international law firms.
- Many of our internationally recognised staff act as advisers to governments, industry, regulatory authorities and NGOs, both nationally and internationally.
- You will be able to attend the Critical Thinking and Writing in Law programme to improve your writing and research in law skills.
- You will be able to take part in networking and social events run by the Queen Mary Postgraduate Law Society and upon graduating join our extensive alumni network.
- Professional Module Exemptions are available for the Chartered Banker Diploma from the Chartered Banker Institute.
To specialise in this area, you must select 90 credits of modules from this list and do your compulsory dissertation in the same field of 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 45 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 marked as soon as this information is confirmed by teaching academics.
- QLLM007 Banking Law
- QLLM028 EU Financial Law
- QLLM054 International Economic Law
- QLLM062 International Tax Law
- QLLM064 International Trade and Investment Dispute Settlement
- QLLM068 Law of Economic Crime (Not running in 2014-15)
- QLLM069 Law of Finance and Foreign Investment in Emerging Economies
- QLLM073 Legal Aspects of International Finance
- QLLM082 Regulation of Financial Markets
- QLLM084 Secured Financing in Commercial Transactions
- QLLM085 Securities Regulation
- QLLM114 Corporate Insolvency Law
- QLLM122 European Union Tax Law
- QLLM135 Corporate Finance Law
- QLLM136 Ethics in Business and in Finance
- QLLM137 Insurance Law
- QLLM138 General Principles of Insurance Law (22.5 credits Semester 1)
- QLLM139 Insurance Regulation (22.5 credits Semester 2)
- QLLM140 Marine Insurance Law
- QLLM141 Insurance Contracts (22.5 credits Semester 1)
- QLLM142 Reinsurance Law (22.5 credits Semester 2)
- QLLM155 Principles of Regulation (22.5 credits Semester 1)
- QLLM156 Introduction to Insurance Regulation (22.5 credits Semester 1) (Not running in 2014-15)
- QLLM164 Elements of Islamic Law (22.5 credits Semester 1)
- QLLM165 Islamic Finance and Commercial Law (22.5 credits Semester 2)
- QLLM180 US International Taxation
- x CCLE019 Accounting for Lawyers (22.5 credits Semester 1)
- x CCLE021 International Macroeconomics for Lawyers (22.5 credits Semester 1)
- x CCLE026 Financial Models and Derivatives in a Legal Context
- x CCLE027 Financial Models and Application to Corporate Finance
Teachers contributing to this programme include:
- Professor Peter Alldridge
- Dr Gabriel Gari
- Dr Andromachi Georgosouli
- Dr Miriam Goldby
- Mrs Dabrowka Grodz
- Professor Rosa Maria Lastra
- Dr Rafael Leal-Arcas
- Professor Loukas Mistelis
- Dr Valsamis Mitsilegas
- Dr Tom O'Shea
- Professor Rodrigo Olivares-Caminal
- Dr Christiana HJI Panayi
- Dr Shalini Perera
- Professor Philip Rawlings
- Dr Costanza Russo
- Professor David Southern
- Dr Leon Vinokur
- Charles Chatterjee (V)
- Mr Andrew McKnight (V)
- Mr Graham Roberts (V)
- Dr Dorit Samuel (V)
Maria Sofia Greco, Argentina
Chevening Scholar, LLM in Banking and Finance, 2013-2014
I did my Law degree at the Universidad Católica Argentina and did my Master's degree in Public Administration at Maxwell School, Syracuse University (New York, USA).
As a qualified lawyer, I practiced administrative and regulatory law at the Ministry of Economy of my country and practiced law of international finance as a Legal Consultant to the Inter-American Development Bank in Washington, DC. In both of them, I was involved in the preparation, execution and evaluation of development projects in Latin American countries.
Pursuing an LLM in Banking and Finance is an excellent opportunity for my career progress in the field of development finance. Queen Mary provides a wide spectrum of modules that fit with my interests in areas like International Finance, Economic Law, Investment Arbitration and Sovereign Finance/Insolvency. The professors are well known practitioners and researchers who can provide excellent academic and professional advice when requested.
The uniqueness of this opportunity makes me feel very grateful to the Foreign and Commonwealth Office of the UK that awarded me the Chevening Scholarship. I will definitively benefit from the possibility of studying Banking and Finance in a city like London and in a University the excels in that field.
Pelin Okcay, Turkey
LLM in Banking and Finance Law, Chevening Scholar 2013/14
I graduated from Yeditepe University, Istanbul and worked as Deputy Legal Counsel at a stock listed, foreign invested joint venture company which is one of the leading players in Turkish Energy Market where I was responsible for drafting and negotiating various types of business contracts in almost every field as diverse as marketing, project finance, international trade and construction as well as providing legal support in labour law, energy law and any matters concerning corporate governance and capital markets law.
Practicing law in such a large-scale enterprise where each and every project is subject to a process of project finance in large amount helped me to realize that managing the legal works in such entity requires not only the knowledge of basic legal principles but also the fundamental principles of finance law. My thorough research showed me that LLM in Banking and Finance Law at Queen Mary University of London would highly meet my expectations because of its strong cooperation with leading institutions and law, its highly qualified faculty members, strong place among global elite and emphasis on teaching.
Queen Mary University offered me invaluable opportunities to specialize, to develop advantageous business networks and broaden my perspective, knowledge and way of thinking. Last but not the least, the academic and administrative teams of Queen Mary were supportive in terms of my studies and career opportunities.
Thanks to Queen Mary, now I feel confident that I possess the required potential, motivation and energy for better accomplishments to reach my future goals.
Diana Kull, Estonia
LLM in Banking and Finance 2010-2011
I graduated from Tartu University in Estonia and Humboldt University of Berlin in Germany. I did my postgraduate judicial service in Berlin, and I am a German qualified lawyer.
After having gained my first practical experience in taxation and finance in Berlin, London and Brussels, the LLM within the Centre for Commercial Law Studies (CCLS) at Queen Mary was an evident choice for me. I was attracted by the outstanding reputation of the Law School and the CCLS in the area of banking and financial law, the variety of specialised courses, and the highly professional academic staff.
Within the wide spectrum of teaching modules, I could particularly benefit from the latest developments in financial law at the European level along with gaining a profound knowledge in the legal aspects of international finance. Hereby, the contribution of partners from the leading law firms was a useful supplement to the lectures from the practical point of view. The administrative staff of Queen Mary were kindly supportive to me during the whole academic year.
I am grateful to the Centre for Commercial Law Studies of Queen Mary for awarding me a scholarship for the completion of my LLM degree. The knowledge and skills acquired in this specialised programme will definitely enhance my career perspectives.
Michael Burket, Germany
LLM in Banking and Finance Law 2009-2010
“I studied law and Business Administration at the universities of Bayreuth, Tomsk (Siberia) and Leipzig and did my legal clerkship in Frankfurt am Main.
I obtained professional experience as an intern or trainee with leading American, English and German law firms in Moscow, Frankfurt, London and Brussels. Whilst working as an intern in London, one of the Partners who specialised in Banking and Finance suggested Queen Mary.
The LLM programme so far could not be better. The lectures are first class and supplemented by leading expert practitioners from city-law firms and international institutions such as the EBRD and the ECB. Queen Mary staff, both academic and non-academic, are most cooperative and friendly.
When it comes to my goals afterwards, it is clear that my LLM will open up additional career opportunities for me. I hope to spend my first years after qualifying in London gaining as much experience in debt capital markets as possible. I am convinced that my LLM degree in Banking and Finance will be an important element in succeeding in such an environment.”
Natthaphong Sirijirasuk, Thailand
LLM Banking and Finance 2006-2007
"Before studying LLM at Queen Mary, University of London I was an in-house lawyer practicing corporate and financial law area in a public company in Thailand. I have decided to expand my knowledge in banking and finance law. After researching a lot of information about LLM in banking and finance from several universities, I found that QMUL is an outstanding university that provides a wide range of courses in this field. Including the world class reputation, I had no hesitation to go for the LLM at QMUL.
While I studied the LLM, I did enjoy the Legal Aspects of International Finance. This subject is very useful and practical to your career as a lawyer in financial law area. Lecturers come from various top leading legal firms in London, including remarkable professors in this field. Content and method of teaching are excellent. We have tutorial and revision classes for catching up the points that you don't understand.
I can definitely say that studying LLM at QMUL was the most memorable and fantastic time of my life!
Since returning to Thailand, I have been working in the Financial Service Practice Group as a lawyer with Baker and McKenzie."
Vladimir Jelacic, Serbia
School of Law Alumni
LLM in Banking and Finance Law
"It was not long after I first applied for the LLM in Banking and Finance Law at the QMUL that I realized I made the right choice. All the replies I got from the staff and all the answers to my anxious inquiries were timely and, what at first struck me as odd, friendly and almost informal, but still professional and appropriate. Right after I came to London and first got introduced to the program and the people behind it, my expectations were confirmed – I found a top-quality LLM program without a stiff upper lip, a place where you work hard, but also play hard, a perfect combination. Throughout the year, beginning with the amazing Cumberland Lodge induction seminar, I kept noticing that the importance has been placed on both curricular and extra-curricular needs of the students. The time spent on lectures as well as the studying time needed to keep up with the course was well balanced, which in my opinion, kept the course intense, but pressure-free. For me this was very important, because the course recognized the significance of leisure and extra-curricular activities while studying in London.
Direct contact with the professors, frequent tutorials, feed-back sessions with the students, individual research support, the best tailored distance learning facility, ample free literature, but also out-of-London inductions, parties, career services, well located lecture venue and friendly staff that gives a completely new meaning to the word administration. When you put that all together, you get a postgraduate law course that managed to escape the stiffness and inflexibility of the corporate approach to education, but maintained the capability to prepare you more than adequately for the encounter with the corporate world awaiting."