The Graduate Program in Banking and Financial Law is the oldest LL.M. program of its kind in the United States. Since its inception in 1984, it has trained more than 2,000 lawyers for leadership positions in both domestic and foreign banking and financial services industries. Our graduates span the globe and hold influential positions in government, law firms, corporations, financial institutions of all types, and multilateral and non-governmental organizations.
The program has its roots in BU's Morin Center for Banking and Financial Law (now the Center for Finance, Law & Policy), which was founded in 1978 as the first institution in an American university devoted to the study of banking law. The program's mission, however, has never been more relevant than today. With the recent upheavals in financial markets, the legal and regulatory structure of the financial system has been redesigned and rebuilt. The future will offer opportunities in abundance for financial services lawyers who are familiar with the fundamentals of the industry and the regulatory and supervisory environment in which it operates.
The Graduate Program in Banking and Financial Law is challenging and is designed specifically for students who wish to obtain a graduate-level legal education in the field of financial services law. Ideal candidates are financial services lawyers who bring their expertise to the classroom and who want to improve their skills in today's rapidly changing world of financial services law. The program, which may be completed on a full- or part-time basis, is also appropriate for attorneys seeking to begin a new career after spending the first part of their professional lives in another legal field.
Students receive a practical education in financial services law, enabling them to contribute effectively in a professional setting. The Graduate Program is the only financial services LL.M. program in the U.S. with its own faculty and with a curriculum of courses designed exclusively for graduate study (most competing programs consist of a selection of regular law school courses). The program of study, focusing on subjects such as banking law, securities law, insurance law, and business courses in accounting and economics, leads to the conferment of the LL.M. in Banking and Financial Law degree.
Domestic and international students are welcome and may attend the Graduate Program on a full- or part-time basis (most international students will be required to enroll on a full-time basis). Students may apply for admission to either the fall (September) or spring (January) semester. International lawyers may qualify for a US bar examination through the Graduate Program. All students benefit from the rich menu of activities that are taking place at the Graduate Program. Students are encouraged to apply to become part of the staff of the Review of Banking & Financial Law, a student-run journal celebrating its 30th year of continuous publication.