Academic Programs

Banking and Financial Law

Seven Semester J.D./LL.M in Banking and Financial Law

Qualified students with a strong interest in both law and financial services may apply for the accelerated LL.M. in Banking and Financial Law at BU Law. The program offers students the time and cost advantages of obtaining both a J.D. degree and an LL.M. degree in seven semesters rather than eight. By taking qualifying courses during the second and third years of the J.D. program, a student may graduate from the J.D. program with sufficient advanced standing to complete the LL.M. in Banking and Financial Law in just one additional semester.

For further information, please contact the Graduate Program in Banking and Financial Law at 617.353.3023.

Program Requirements


To be accepted to the seven-semester program, a student completes two prerequisite courses and Government Regulation of Financial Services. The prerequisite courses are Corporations and Business Law: The UCC. However, in lieu of Commercial Code, students may take a combination of Sales and Secured Transactions.

The student must also complete the course Government Regulation of Financial Services in the J.D. program. The prerequisite courses do not earn credit toward the LL.M. degree but the course Government Regulation of Financial Services does.

Required Credit Hours

The number of credit hours required for the degree is 24 the same number as the full-year LL.M. degree. J.D. courses carry their J.D. credit hours in the J.D. program and two credit hours each in the accelerated program. LL.M. courses carry two credit hours each in both programs. A J.D. student may take a maximum of six LL.M. courses.

Qualifying Courses

In addition to the prerequisite courses, a J.D. student in the accelerated program must earn 12 LL.M. credit hours from the specified list of J.D. and LL.M. courses.

J.D. courses and seminars currently qualifying for seven semester program credit:

Alternative Dispute Resolution

Corporate Governance

Mutual Funds

Affordable Housing Law

Financial Reporting for Lawyers


Antitrust Law

Financial Restructuring

Negotiated M&A


Insurance Law

Private Equity & Venture Capital

Bankruptcy Practice

International Business Arbitration

Securities Regulation

Business Law: Secured Transactions

International Business Transactions

Shareholder Activism

Compliance in Financial Services Companies

International Development & Project Finance

Tax Aspects of Financial Instruments

Contract Drafting

Law & Economics

Transactional Contracts

Corporate Finance

Mergers & Acquisitions

White Collar Crime

Note: this list is subject to change according to course availability

Completion of the Program

Students are expected to complete the program in the semester immediately following graduation from the J.D. program and are required to complete it in no more than three semesters. Appropriate J.D. courses and seminars may be substituted for LL.M. courses with the permission of the student's advisor and the instructor.

Admissions Requirements

A student may apply for admission to the Accelerated J.D./LL.M. Program in Banking and Financial Law at any time during his or her second and third year. Upon preliminary acceptance, the student will be assigned an LL.M. advisor. Courses to be credited to the LL.M. degree should be chosen by the student in consultation with the student's advisor.

Final admission to the program requires that at the time of graduation form the J.D. program the student will have completed all courses to be credited toward the LL.M. degree with a grade of B or higher, and with an average grade of B+ or higher.