Banking and Finance Law UK/Germany

Omer Faruk

2 3

Posted Jul 06, 2020 11:48

Hello LLM Guide community,

I remained in between both very exciting choices since I got two prestigious offers from the programs I'd like to study. I'd like to hear your valuable thoughts.

Firstly; I am admitted to the University of Bristol. In my opinion, the university has a very good reputation, living in the UK is very appealing. However; I don't have much opinion on job prospects in the financial sector for a non-EU lawyer. Also, I am not very pleased with the course curriculum of the program.

The second choice is the Institute of Law and Finance, Frankfurt. The program is very demanding and has a variety of specific courses in this area. Also, it allows law students to learn finance thorough courses like corporate accounting, macroeconomics, financial markets. Besides, there is a mandatory internship that students can take advantage of huge network of the ILF. However, the program is in Germany; although Frankfurt is a financial hub and has a developed job market, I have doubts to find a job after graduation as a non-german speaker.

I financially secured both of the programs and living expenses. Any insight would be very helpful. Thanks a lot.

[Edited by Omer Faruk on Jul 06, 2020]

Hello LLM Guide community, 
 
I remained in between both very exciting choices since I got two prestigious offers from the programs I'd like to study. I'd like to hear your valuable thoughts. 
 
Firstly; I am admitted to the University of Bristol. In my opinion, the university has a very good reputation, living in the UK is very appealing. However; I don't have much opinion on job prospects in the financial sector for a non-EU lawyer. Also, I am not very pleased with the course curriculum of the program. 
 
The second choice is the <a href="https://llm-guide.com/board/europe/llm-at-institute-of-law-and-finance-frankfurt-223699" class="hidden-xs discussion-title">Institute of Law and Finance, Frankfurt</a>. The program is very demanding and has a variety of specific courses in this area. Also, it allows law students to learn finance thorough courses like corporate accounting, macroeconomics, financial markets. Besides, there is a mandatory internship that students can take advantage of huge network of the ILF. However, the program is in Germany; although Frankfurt is a financial hub and has a developed job market, I have doubts to find a job after graduation as a non-german speaker. 
 
I financially secured both of the programs and living expenses. Any insight would be very helpful. Thanks a lot.

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chicken so...

628 555

Posted Jul 10, 2020 14:33

ILF is a great school for finance, but yes, my feeling is that you are quite limited in terms of jobs if you do not already speak the language. That's not to say that students don't /can't leverage this degree in the UK or another English-speaking country - you might want to ask the school how likely it is for a student like you to make this kind of transition.

In terms of overall university rankings, Bristol is solid, but in terms of the law school itself, it tends to lag behind the other well known schools. My feeling is that a London school -LSE, KCL, UCL - would be a better choice for your career goals but I suggest asking the school about this.

Overall though an LLM isn't a great enabler of international mobility. Most students go into these programs with the intention of returning to their home countries after graduation.

ILF is a great school for finance, but yes, my feeling is that you are quite limited in terms of jobs if you do not already speak the language. That's not to say that students don't /can't leverage this degree in the UK or another English-speaking country - you might want to ask the school how likely it is for a student like you to make this kind of transition. In terms of overall university rankings, Bristol is solid, but in terms of the law school itself, it tends to lag behind the other well known schools. My feeling is that a London school -LSE, KCL, UCL - would be a better choice for your career goals but I suggest asking the school about this. Overall though an LLM isn't a great enabler of international mobility. Most students go into these programs with the intention of returning to their home countries after graduation.

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