Seven-Semester JD/LLM in Banking & Financial Law
Accelerated LLM in Banking & Financial Law
By taking qualifying courses during the second and third years of the JD program, students can graduate from the JD program with sufficient advanced standing to complete the LLM in Banking & Financial Law in one additional term.
Prerequisites
To be accepted in the seven-term program, a JD student must complete the following prerequisite courses by the third year in the JD program:
- Corporations (4 units)
- Secured Transactions (4 units)
- Financial Regulation (3 units)
Only one of these courses, Financial Regulation, earns units toward the LLM degree.
Required Unit Hours
The number of unit hours required for the degree is 24, the same number required for the full-year LLM degree. JD courses carry their JD unit hours in the JD program and 2 unit hours each in the accelerated program. LLM courses carry 2 unit hours each in both programs. A JD student may take a maximum of six LLM courses during the JD program (including Financial Regulation) and these courses will carry over to fulfill the 24-unit LLM requirement. Thereafter, the student must take at least six LLM courses in the seventh term to obtain the LLM degree. A student may substitute JD courses and seminars with their LLM advisor’s permission. Typically, a student will earn 12 unit hours of either JD or LLM courses prior to earning the JD degree and will earn 12 units in LLM courses in the seventh term.
Qualifying Courses
In addition to the prerequisite courses, a JD student in the accelerated program must earn 12 LLM unit hours from the specified list of JD and LLM courses prior to receiving their JD degree. The Financial Regulation prerequisite counts toward these 12 LLM unit hours. If the student has taken Financial Regulation, the student will be deemed to have satisfied the Banking LLM program requirement to take Banking Structure and Regulation.
JD courses and seminars currently qualifying for seven-term program units (revised for the 2024–2025 academic year):
Alternative Dispute Resolution | Contract Drafting | International Business Transactions | Private Equity & Venture Capital Transactions |
Affordable Housing Law | Corporate Finance | International Development & Project Finance | Secured Transactions |
Antitrust Law | Corporate Governance | Introduction to Risk Management & Compliance | Securities Regulation |
Bankruptcy Creditors’ Rights | Financial Reporting for Lawyers | Mergers & Acquisitions | Tax Aspects of International Business & Finance |
Compliance in Financial Services Companies | International Business Arbitration | Negotiation | 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 term immediately following graduation from the JD program and are required to complete the program in no more than three terms after obtaining the JD degree. Appropriate JD courses and seminars may be substituted for LLM courses with the permission of the director of the Banking & Financial Law LLM program and the instructor.
Admissions Requirements
A student may apply for admission to the Accelerated LLM Program in Banking & Financial Law at any time during their second or third year. Upon preliminary acceptance, the student will be assigned an LLM advisor. Courses to be credited to the LLM 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 from the JD program, the student will have completed all courses to be credited toward the LLM with a cumulative grade point average of 2.7 or higher.