Overview

The LLM in International Corporate Governance, Financial Regulation and Economic Law (ICGFREL) is an advanced-level programme examining corporate governance, financial regulation and economic law from an international and comparative perspective with particular focus on European and UK corporate governance regulation and practices, and international institutional developments.

The course is based at the Institute for Advanced Legal Studies in central London, a member institute of the School of Advanced Study, University of London. The degree of LLM in International Corporate Governance, Financial Regulation and Economic Law is awarded by the University of London at a ceremony held each year in Senate House.

This innovative LLM programme builds on the Institute’s existing research expertise in the area of company law, corporate governance, international economic law, financial regulation, law of foreign investment and financial law. It has been designed to appeal to law graduates as well as those who come from other disciplines, such as business studies, international relations, finance and economics, who would like to learn more about the legal side of international economic relations, in particular international financial markets and services, and to develop a specialised understanding of corporate governance concepts and the role of financial regulation in today’s globalised financial markets. The Institute is uniquely qualified and situated to offer this academic law degree programme in London – the world’s leading international financial centre.

The ever-changing nature of international financial markets and new challenges and crises associated with this dynamic sector of the global economy require an interdisciplinary and international approach. For this reason, we offer this LLM which combines law and economics of financial markets and services to meet the needs of law and business graduates who wish to pursue a career in financial services and develop their knowledge and skills in this important, complex and overgrowing field.

 

Entry requirements

The normal minimum entrance requirement would be a First or Upper Second Class Honours degree from a recognised university in the UK, or an overseas qualification of an equivalent standard (for example a grade-point-average of 3.0 or higher).

Applications from candidates who do not meet the formal academic requirements but who offer alternative qualifications and/or relevant experience, could be considered

 

Structure and Assessment

Credit value: 180

This LLM, which can be taken over one year or two, requires taking six courses and writing a dissertation of about 15,000 words.

Modules offered 2016–17

  • International Corporate Governance and Transnational Corporations (core)
  • International Capital Markets Law and Securities Regulation (core)
  • Bank Corporate Governance
  • The Law of International Trade and Finance
  • Money Laundering and Financial Regulation
  • LLM Research Methods Training
  • International Economic Law and Organizations

Modules not on offer this year

  • Comparative European Banking and Securities Regulation
  • Extraterritorial US Financial Regulations
  • International Commercial Arbitration and Alternative Dispute Resolution
  • International Economic Law and Organisation
  • UK Banking and Securities Regulation
  • Foundations of Economic Regulation
  • Foreign Investment Law and Policy

In an unlikely event of unavailability of one of the lecturers, a module on this list could be replaced by one of the modules on the list of modules which are not announced on offer this year.

 

Teaching, learning and assessment

Most of the teaching is carried out by full-time academics, while a number of sessions will be taught by legal, regulatory and corporate practitioners.

The academic faculty for the programme consists of leading scholars in the field of national and international financial law and regulation, European and UK economic law, corporate governance and corporate law and practice.

Faculty members have published in the leading academic presses and leading journals, including Oxford University Press, Cambridge University Press, and Lexis-Nexis/Butterworths. Faculty members have also authored major government reports and have served as advisers to the European Union Parliament Committee on Economic and Monetary Affairs and the House of Lords Select Committee on Economic Affairs.

Experienced practitioners will teach some modules and there will be guest lectures given by eminent lawyers and jurists.

Mode of Study

The LLM course mode of study is 12 months full-time or 24 months part-time. Part-time students typically take four courses in the first year of study and three courses plus the dissertation in the second year.

 

English Requirement

All students whose first language is not English must be able to provide recent evidence (gained in the last two years) that their written and spoken English language is adequate for postgraduate study. This requirement is specified in order to ensure that the academic progress of students is not hindered by language difficulties and that students are able to integrate socially while studying and living in the UK.

Further information can be found on the English language competency section of our Entry Requirements page.

 

Why this degree?

  • If you are a lawyer or compliance officer, regulator or policy maker who wishes to enhance your knowledge and understanding in areas of corporate governance, financial law and regulation and economic law
  • If you are a law graduate, economics graduate or graduate from another discipline who is pursuing a career in financial services and corporate finance with a legal and regulatory edge. The interdisciplinary nature of the programme means that applicants are not required to have a prior law degree, nor a professional qualification in law
  • If you already have professional experience working in financial service firms, law firms or corporations and wish to learn more about how law and regulation affect management practices, corporate governance and business strategy 
  • If you wish to work or are already working in government and state agencies in charge of production, supervision and enforcement of the regulatory laws such as central banks, securities and exchange commissions as well as insurance regulators
  • If you have a background in university lecturing in business, law or social science faculties and you are looking to enhance your qualifications to teach corporate law/governance, financial law/regulation, or international political economy and international economic law and organisations