LLM Banking & Finance Law

Postgraduate Entry Requirements:

• Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 60% or equivalent.
• English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
  • IELTS: A minimum overall score of 6.5 with no individual component below 6.0.
  • TOEFL: A minimum overall score of 92, with at least with at least 17 in Listening, 18 in Reading, 20 in Speaking, and 21 in Writing.
  • PTE Academic: A minimum overall score of 71 with 65 in Writing, and 59 in Reading, Listening and Speaking..
• Some postgraduate programs may have specific subject prerequisites or additional requirements.

Students must provide:

• academic marksheets & transcripts
• letters of recommendation
• a personal statement - SOP
• passport
• other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.

Queen Mary University of London offers a range of scholarships and bursaries to its students. 

1. Queen Mary Principal's Scholars Program: A scholarship program for undergraduate students who have an offer of admission from Queen Mary University of London and have achieved exceptional academic grades. The scholarship covers full tuition fees for three years of study, as well as a £2,000 annual stipend for living expenses.
2. Queen Mary International Excellence Scholarships: A scholarship program for international undergraduate and postgraduate students who have an offer of admission from Queen Mary University of London and have demonstrated academic excellence. The scholarship covers full tuition fees for one year of study.
3. Queen Mary Law Scholarships: A scholarship program for undergraduate and postgraduate law students who have an offer of admission from Queen Mary University of London and have demonstrated academic excellence. The scholarship covers full or partial tuition fees, depending on the level of academic achievement.
4. Queen Mary Engineering and Materials Science Scholarships: A scholarship program for undergraduate and postgraduate students studying engineering or materials science who have an offer of admission from Queen Mary University of London and have demonstrated academic excellence. The scholarship covers full or partial tuition fees, depending on the level of academic achievement.

The LLM Banking & Finance Law program at Queen Mary University of London offers students a comprehensive understanding of the legal and regulatory framework governing the banking and finance industry. Graduates of this program have excellent career prospects in a variety of sectors.  

1. Banking Lawyer: Graduates can pursue careers as banking lawyers in leading law firms. They advise banks, financial institutions, and corporations on a wide range of legal matters related to banking transactions, regulatory compliance, mergers and acquisitions, securities, and financial products. They also handle complex banking litigation cases and provide legal opinions on banking regulations and laws.

2. In-House Counsel: Many banks and financial institutions have in-house legal departments. Graduates can work as in-house counsel, providing legal advice and support on matters such as contract negotiation, regulatory compliance, risk management, and corporate governance. In-house counsel play a crucial role in ensuring compliance with banking laws and regulations.

3. Compliance Officer: Banks and financial institutions have a strong focus on regulatory compliance. Graduates can work as compliance officers, ensuring that the organization adheres to applicable banking regulations, anti-money laundering (AML) laws, and know-your-customer (KYC) requirements. They develop and implement compliance programs, conduct internal audits, and provide training on regulatory compliance to employees.

4. Regulatory Bodies: Graduates can pursue careers within regulatory bodies and government agencies responsible for overseeing and regulating the banking and finance industry. They can work as legal advisors, policy analysts, or enforcement officers, contributing to the development and implementation of banking regulations, conducting investigations, and ensuring compliance within the industry.

5. Investment Banking: Graduates with a strong understanding of banking and finance law can work in investment banks, focusing on legal and regulatory aspects of investment banking transactions. They may provide legal advice on mergers and acquisitions, securities offerings, initial public offerings (IPOs), and capital market transactions.

6. Corporate Finance: Graduates can work in corporate finance departments of companies, advising on financing options, structuring financial transactions, and ensuring compliance with banking regulations. They may be involved in debt and equity financing, corporate restructuring, and financial risk management.

7. Financial Regulatory Consulting: Graduates can pursue careers in financial regulatory consulting firms, offering expertise on banking and finance regulations to clients. They may assist clients in navigating complex regulatory frameworks, developing compliance strategies, and implementing best practices in risk management.

8. Academia and Research: The LLM Banking & Finance Law program also provides a strong foundation for those interested in academia and research. Graduates can pursue further academic studies, including Ph.D. programs, and contribute to the advancement of knowledge in the field of banking and finance law.

9. International Organizations: Graduates can explore career opportunities with international organizations such as the International Monetary Fund (IMF), World Bank, or the Bank for International Settlements (BIS). They can work on policy development, regulatory harmonization, and global initiatives aimed at enhancing the stability and integrity of the banking and finance sector.