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LLMLaw & Finance

Why this course?

The global financial and economic crisis of 2008 has had a huge impact across the world. Financial regulation is now a priority for policymakers and governments. As a result, we're constantly considering the various legal requirements and constraints when making financial decisions and policies.

This course brings together the principals of law, policy and accounting. You'll develop an in-depth understanding of these principles which underpin the financial markets. You'll also gain a unique perspective on the rapidly changing area of regulation.

What you'll study

You'll study a range of compulsory law classes, taught by Strathclyde Law School. You'll also have compulsory finance and accounting classes offered by the Strathclyde Business School. 

These classes will cover topics like:

  • international banking law
  • the legal aspects of financial regulation
  • principles of corporate finance
  • accounting for financial analysis

You'll also choose from elective classes which cover topics like:

  • international investment law
  • comparative contract law

In the summer semester, you'll complete a dissertation.

Work experience

We're home to the Strathclyde Law Clinic. The Law Clinic is an opportunity for you to work as a student adviser for real-life clients. 

You can apply to work in the Small Business Law Unit (SBLU) within the Law Clinic. It provides pro-bono transactional and dispute resolution legal services to businesses in Glasgow and the surrounding areas. 

The SBLU will help local business owners and organisations understand their legal responsibilities. It'll also help local business and organisation protect themselves where necessary.

We want to help these businesses succeed. With our help they can:

  • benefit the wider community by creating employment opportunities
  • increase access to services
  • encourage those within the community to further their aspirations

Find out more about the Law Clinic.

Course content

Semester 1

Law of International Business

This class will introduce students to the concepts underpinning the regulation of businesses. It will explain the different types of business entities and introduce students to company and corporate law concepts.

Contemporary Employment Relations

This class provides students with a foundational understanding of the internal and external relations and associated regulatory functions relevant to the employment contract and other forms of work relationships with particular emphasis on the collective aspects.

World Trade Law

This course gives students a thorough understanding of the law and policy of the World Trade Organisation (WTO). The class will also introduce how WTO law and policy interacts with other non-trade societal goals, such as environmental protection, human rights promotion and labour standards defence.

UK & EU Environmental Law

This class introduces students to the sources, principles and main features of the substantive laws ot he UK and EU relating to the environment, as well as key international law. It also introduces the various UK and EU regulatory agencies, their respective functions and power, and methods of administrative regulation and enforcement.

International Banking Law

This course will examine the law and practice of international banking. It will introduce students to general banking law concepts and principles, such as the banker-customer relationship, confidentiality and money laundering; the structure of loans, asset finance, and secured financing; bond issues; derivatives; and securitisations.

Competition Law and Policy in the EU

This class will focus on developing an understanding of the rationale for EU competition law and policy, the substantive rules and the processes of enforcement. 

E-Commerce

This class focuses on legal developments in electronic contracting, from current legal problems with contract formation and e-signatures, to consumer protection, e-commerce regulation and jurisdiction, and applicable law for online contracts.

Intellectual Property Law

This class aims to give students a broad introduction to intellectual property law in the UK, the EU and internationally. The class will look at patents and trade secrets, trademarks, copyright law, and, software and databases.

Semester 2

Comparative Law of Obligations

This class will consider obligations law in the context of different constitutional arrangements around the world. It will include material on delict/torts, contract and restitution in countries including the UK, Australia, Canada, the EU, the USA and China and also some material on the law of obligations in the Islamic tradition.

Labour Law in the Global Economy

This class enables students to develop and demonstrate an understanding of the global nature of labour markets and the corresponding need for international regulation in associated areas such as protection from child labour and forced labour.

Comparative Company Law

This class will examine advanced issues of company law on a comparative and interdisciplinary basis. It will identify economic conflicts created by the use of the corporate form and discuss corporate governance solutions to these conflicts developed by different jurisdictions and legal traditions.

International Environmental Law

Students in this class will discuss the international legal frameworks applicable to transboundary and international environmental problems.

Financial Regulation and Compliance

This course will examine select topics in capital markets regulation and economic theories underpinning them, including the law and economics of disclosure, regulation of market abuse (insider dealing and market manipulation), and the function and regulation of the market for corporate control.

International Investment Law

This class will introduce students to the concepts, sources and principle of international investment law. It will also consider the balance between the rights and duties of investors, residents and the host states as well as dispute resolution in international investment.

Business and Human Rights

This class will examine the relationship between business and human rights and will include an introduction to the international human rights framework; the role of business entities as global actors and the identification of the legal challenges that business presents for the international legal system.

Arbitration Law

This class will provide students with a detailed knowledge and critical understanding of important aspects of domestic and international arbitrations, particularly in the context of the construction industry.

UK & EU Environmental Law (continued from Semester 1)

This class introduces students to the sources, principles and main features of the substantive laws ot he UK and EU relating to the environment, as well as key international law. It also introduces the various UK and EU regulatory agencies, their respective functions and power, and methods of administrative regulation and enforcement.

Learning & teaching

You'll attend a combination of weekly seminars and lectures.

Seminars take the format of small group teaching where reading is distributed in advance and students are expected to come prepared to engage in a discussion of the reading materials.

You'll be able to attend regular networking events put on by the Law School as well as any events put on by the Strathclyde Business School.

Entry requirements

Normally a first class or 2:1 honours degree (Law/Accounting/ Finance/Banking). Entry may also be possible with relevant professional qualifications. 

We do accept a 2:2 if they have relevant and substantial work experience.

If an applicant doesn’t have an honours degree, we will consider if they have substantial and relevant work experience.

English language requirements

For postgraduate studies, the University of Strathclyde requires a minimum overall score of IELTS 6.5 (no individual test score below 6.0) or equivalent. Tests are valid for two years.

Pre-sessional courses in English are available.

If you’re a national of an English speaking country recognised by UK Visa and Immigrations (please check most up-to-date list on the Home Office website) or you have successfully completed an academic qualification (at least equivalent to a UK bachelor's degree) in any of these countries, then you do not need to present any additional evidence.

If you are from a country not recognised as an English speaking country by the United Kingdom Visa and Immigration (UKVI), please check our English requirements before making your application.

Pre-Masters preparation course

The Pre-Masters Programme is a preparation course for international students (non EU/UK) who do not meet the entry requirements for a Masters degree at University of Strathclyde. The Pre-Masters programme provides progression to a number of degree options.

To find out more about the courses and opportunities on offer visit International Study Centre or call today on +44 (0) 1273 339333 and discuss your education future. You can also complete the online application form. To ask a question please fill in the enquiry form and talk to one of our multi-lingual Student Enrolment Advisers today.

Fees & funding

2017/18

Scotland/EU

£12,000

Rest of UK

£12,000

International

£19,500

How can I fund my course?

To recognise academic achievement, the Dean's International Excellence Award offers international students a merit-based scholarship of up to £3,000 for entry onto a full-time Masters programme in the Faculty of Humanities & Social Sciences.

Check our Scholarship Search for more help with fees and funding.

Scottish students

Students living in Scotland can find out more about funding from the Student Awards Agency Scotland.

English students

Students ordinarily resident in England may be eligible to apply for a loan of up to £10,000 to cover their tuition fees and living costs.

Please note

The fees shown are annual and may be subject to an increase each year. Find out more about fees.

Careers

Increasingly, lawyers and other related professionals are operating in environments that demand an understanding of the financial and accounting principles that underpin how businesses operate.

Studying on this programme will equip you with the knowledge, understanding and analytical skills relevant to working or planning a career in banking and finance with an international focus, including international law firms, banks and businesses, and governmental or non-governmental organisations. 

Contact us

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Law and Finance

Qualification: LLM, Start date: Sep 2017, Mode of delivery: attendance, full-time

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