The Master of Laws in Banking and Financial Law requires successful completion of twelve courses. The three principal types of courses in the Graduate Program curriculum include:
- Regulatory: provide solid grounding in the structure and content of financial law and regulation
- Transactional: familiarize students with typical transactions in areas including lending, securities, mergers and acquistions
- Business-oriented: introduce students to the economics and business principles which underlie banking and financial law
The regular full-time program consists of six courses taken for credit each semester. With more than 20 courses offered, students may choose from a variety of classes that suit their needs and interests. With the exception of the Banking Structure and Regulation course, all courses are elective.
With the permission of the director, students may take a maximum of two courses related to banking and financial services in the School of Law's J.D. program and the Graduate Tax Program or from the graduate curriculum of the School of Management.
An academic advisor works with each student to help in selecting courses appropriate to the student’s interests and requirements.
The program offers six optional concentrations
- American Banking and Financial Law
- Compliance Management
- Financial Services Transactions
- International Banking and Financial Law
- Lending and Credit Transactions
- Securities Transactions
A concentration requires students to take at least four of the courses listed for that concentration. Courses that appear in more than one concentration may be counted in each, but no more than two concentrations may be recorded on a graduate's transcript.
New York Bar Track for Foreign Lawyers
In compliance with Section 520.6 of the Rules of the Court of Appeals of New York State, foreign trained lawyers in the Graduate Program in Banking and Financial Law who will sit for the New York Bar Examination must take the New York Bar Track which consists of the following series of courses:
• Professional Responsibility (2 credits)
• Legal Research and Writing (2 credits)
• Introduction to the American Legal System (2 credits)
• Business Law: The Uniform Commercial Code (4 credits)
• Corporations (2 credits)
• Six other courses in the Banking and Financial Law curriculum (12 credits)
Other U.S. Bar Qualification Requirements for Foreign Lawyers
Foreign-trained lawyers in the Graduate Program in Banking and Financial Law who would like to sit for a bar examination other than New York State should visit the website of the bar authority of the state for which they intend to qualify. Please bear in mind that bar admission requirements vary from state to state.