Master in EU Banking & Financial Regulation

Overview

The European Banking Institute (EBI) and Frankfurt School of Finance and Management have jointly established and strategically manage the master’s programme: Master in EU Banking and Financial Regulation (EBI), which is awarded a Master of Laws (LLM) degree. EU Banking & Financial Regulation Master (EBI) students will gain the skills and necessary expertise to successfully work in the entire field of banking and financial regulation.

In particular, this programme offers courses on the following subjects: foundations of financial systems, financial regulation and accounting, financial markets in crisis, consumer protection and behavioural economics, institutional and substantive aspects of banking regulation and supervision, bank crisis prevention and management, capital markets regulation and supervision, insurance regulation and supervision, central banking policies, including monetary policy and macroprudential oversight, as well as ESG in the financial system.

Programme Highlights

Partnership with the European Banking Institute, a leading joint venture network in the field of banking regulation, supervision and resolution in Europe
Curriculum based on current and forthcoming banking and financial regulation legislation and case-law, taught by leading academics from all across Europe
Professors on the Academic Board of the EBI, FS faculty, and experts specialising in EU law
FS-Alumni Network, Clubs and Conferences

Requirements

First academic degree in one of the following combinations:
- either a first degree in law (or equivalent) with at least 210 ECTS, or 180 ECTS and one year of relevant work experience, or 180 ECTS and additional coursework in the programme
- or a degree in economics or business administration (or equivalent) with at least 180 ECTS, and one year of relevant work experience, and pre-course with relevant law content
Excellent written and spoken English (TOEFL – 90 iBT / IELTS 7.0 or equivalent)
Successful admissions interview

European Banking Institute

The Master in EU Banking and Financial Regulation (EBI) was created by the EBI in partnership with the Frankfurt School.

The European Banking Institute is based in Frankfurt and is an international centre for banking studies resulting from the joint venture of Europe’s preeminent academic institutions, which have decided to share and coordinate their commitments and structure their research activities in order to provide the highest quality legal, economic and accounting studies in the field of banking regulation, banking supervision and banking resolution in Europe. The EBI, as a joint venture network and research institute, has developed the structural specifications for the programme and ensures a continuous improvement process. In joint consultation with Frankfurt School, the EBI also ensures that the modules are staffed with relevantly experienced professors, particularly from the Academic Board of EBI and from the faculty of Frankfurt School, as well as selected lecturers are particularly suitable in terms of subject matter and didactics.

EBI Research, Events, & Database

EBI Research

EBI publishes research conducted by its members and makes it immediately available to the academic community and all other interested parties. EBI publications include: EBI Working Papers, BRIEFIN, and EBI Regulatory Report

EBI Events

EBI conferences and seminars promote the dialogue among scholars, regulators, supervisors, industry representatives and advisors in relation to issues concerning the regulation and supervision of financial institutions and financial markets from a legal, economic and any other related viewpoint.

Upcoming EBI Events

EU Banking Database

The EU Banking Cases Collection enhances the transparency of the cases pending before, or decided by, the Union Courts in the area of the EU banking union and to offer a tool to academics and practitioners.

Explore EBI Database

Frankfurt School

Frankfurt School is one of Europe’s leading business schools delivering German excellence in management and finance education. It is a private business school accredited by AACSB, AMBA and EQUIS. It is a vibrant community committed to developing lifelong partnerships and to creating new perspectives in finance and management for a sustainable future.

Ideal Candidates

Ideal candidates for the Master in EU Banking and Financial Regulation (EBI) are young professionals with a first academic degree in the areas of law, economics, business administration, or similar fields. Optimally, students would have at least one year of experience in the field of law. Candidates without experience in law are welcome to apply. However, they must take a pre-course with relevant law content (which will be offered by the EBI and Frankfurt School before starting the programme).

Examples of suitable professional profiles are current and future employees in:

central banks as well as supervisory, regulatory and resolution authorities
banks, securities-investment firms, investment funds managers and insurance companies in the field of supervisory law/compliance
auditing and consulting firms with auditing or project activities in supervisory law
legal firms specialising in financial regulation

Curriculum

The Master of EU Banking & Financial Regulation (EBI) curriculum consists of eight mandatory modules and two mandatory elective modules. Students will gain hands-on work experience through a mandatory internship in their particular field of interest at some point in thier studies. The programme concludes with a Master Thesis, where students apply the knowledge gained throughout their studies.

Semester 1

Basic Elements of Financial Regulation and Accounting

6 ECTS

Topics:

Essentials of financial regulation
Essentials of behavourial economics
Accounting and auditing for financial firms
Essentials of monetary economics

Course Leaders:

Prof. Dr. Georg Ringe, University of Hamburg
Prof. Dr. Edgar Löw, Frankfurt School of Finance & Management

Institutional Aspects of Financial Regulation

6 ECTS

Topics:

Essentials of EU law
Law-making in relation to international financial regulation: institutions and standards
The evolution of EU financial regulation and ECB policies: EMU, Banking Union, Capital Markets Union
The EU institutional framework on financial regulation and central banking policies: ECB – ESRB – SRB – ESAs – ESM
Law-making in relation to EU financial regulation (TFEU & Lamfalussy process)
FinTech, SupTech & RegTech

Course Leaders:

Prof. Dr. Filippo Annunziata, Università Bocconi
Prof. Dr. Christos Gortsos, National & Kapodistrian University of Athens

EU Banking Regulation I: General Aspects

6 ECTS

Topics:

Authorisation, prudential regulation and prudential supervision of credit institutions: single rulebook (including corporate governance issues) & SSM
Resolution of credit institutions: single rulebook & SRM
Deposit guarantee schemes and resolution funds: single rulebook, SRF, EDIS

Course Leaders:

Prof. Dr. Bart Joosen, VU University Amsterdam
Prof. Dr. Concetta Brescia Morra, Università Roma III

Semester 2

EU Capital Markets Regulation I: General Aspects

6 ECTS

Topics:

Case law on the SSM
Case law on the SRM

Course Leaders:

Prof. Dr. Filippo Annunziata, Università Bocconi
Prof. Dr. Concetta Brescia Morra, Università Roma III

ESG in the Financial System

6 ECTS

Topics:

Currencies and cryptocurrencies
Financial stability & macro-prudential oversight (within the ESRB)
Monetary policy (+ interest rate benchmarks) & foreign exchange policy
Last resort lending
Payment systems’ oversight

Course Leaders:

Prof. Dr. Christos Gortsos, National & Kapodistrian University of Athens
Prof. Dr. Seraina Grünewald, Radboud Universiteit Nijmegen

Central Banking Policies (other than Prudential Supervision)

6 ECTS

Topics:

Disclosure and transparency rules for listed companies
Market abuse
Regulation of credit rating agencies
Short selling

Course Leaders:

Prof. Dr. Guido Ferrarini, University of Genoa
Prof. Dr. Rolf Sethe, University of Zurich
Prof. Dr. Peter Mülbert, Johannes Gutenberg University
Prof. Dr. Antonella Sciarrone Alibrandi, Università Cattolica del Sacro Cuore

EU Banking Regulation II: Specific Aspects

Choose one elective:

International Bank Accounting and Auditing
Edgar Löw, Frankfurt School of Finance & Management
EU Insurance Regulation
Prof. Dr. Michele Siri, University of Genoa
Prudential Regulation & Supervision and Resolution of Financial Groups in the EU
Prof. Dr. Bart Joosen, VU University Amsterdam
Comparative Aspects of EU Financial Regulation in a Global Context
Prof. Dr. Rolf Sethe, University of Zurich
Prof. Dr. Matthias Lehmann, Universität Wien

Semester 3

EU Capital Markets Regulation II: Specific Aspects

6 ECTS

Topics:

Currencies and cryptocurrencies
Financial stability & macro-prudential oversight (within the ESRB)
Monetary policy (+ interest rate benchmarks) & foreign exchange policy
Last resort lending
Payment systems’ oversight

Course Leaders:

Prof. Dr. Christos Gortsos, National & Kapodistrian University of Athens
Prof. Dr. Seraina Grünewald, Radboud Universiteit Nijmegen

Elective 1

Choose one elective:

International Bank Accounting and Auditing
Edgar Löw, Frankfurt School of Finance & Management
EU Insurance Regulation
Prof. Dr. Michele Siri, University of Genoa
Prudential Regulation & Supervision and Resolution of Financial Groups in the EU
Prof. Dr. Bart Joosen, VU University Amsterdam
Comparative Aspects of EU Financial Regulation in a Global Context
Prof. Dr. Rolf Sethe, University of Zurich
Prof. Dr. Matthias Lehmann, Universität Wien

Elective 2

Choose one elective:

International Bank Accounting and Auditing
Edgar Löw, Frankfurt School of Finance & Management
EU Insurance Regulation
Prof. Dr. Michele Siri, University of Genoa
Prudential Regulation & Supervision and Resolution of Financial Groups in the EU
Prof. Dr. Bart Joosen, VU University Amsterdam
Comparative Aspects of EU Financial Regulation in a Global Context
Prof. Dr. Rolf Sethe, University of Zurich
Prof. Dr. Matthias Lehmann, Universität Wien

Semester 4

Master Thesis

18 ECTS

Students will write their thesis from October to December.

Internship

Students without previous work experience will be required to participate in an internship.

Internship can be planned at any given time during the programme. Students who are employed do not need to participate in an internship, their normal employment will be converted to credits instead.

**Please check EBI Calendar for further details

Study Model

For working professionals

This part time programme follows a blended model of study, which allows students to continue working full-time along with their studies. Students will attend class in-person on the FS Campus one weekend each month while also participating in two (occasionally three) online evening courses each week for the remaining three weeks of the month. 2023-2025 schedule and list of course leaders available.

Career Services & Networks

FS and EBI's exclusive corporate connections and strong alumni networks allow you to build a professional network crucial for developing your international career. The FS Career Services team will support you with individual consultations on career development, which are based on your interests and career goals. This service, along with our regular guest lectures, a wide range of career events, onsite in Frankfurt, Europe-wide, or online, sets graduates up for long-term professional success.

FS Corporate Partners

EBI Supporting Members

FS Alumni Network

EBI Young Researchers Group (YRG)

Lifelong Learning

FS Entrepreneurship Centre

Application Process

Online Application

The first step of our application process is to complete the online application form. You will need to upload the following supporting documents.

Required Documents

CV or resume (must be in English)
Certified copy of your undergraduate transcript of records and degree award certificate
Certified copy of your TOEFL / IELTS results or equivalent (TOEFL - 90 iBT, IELTS 7.0 or equivalent)
Other documentation supporting professional experience or other extracurricular activities, if applicable

Each of the documents listed above is required for completing your application.

Apply Now

Deadlines

Applications are considered on a rolling basis. Therefore, we encourage you to apply as early as possible.

Final application deadline: 30 June 2023

Programme start: 09 September 2023

Results

The final decision regarding your Master of EU Banking and Financial Regulation (EBI) admission will be based on a combination of undergraduate grades, work experience, English language abilities, and interview performance.

We also take into account other significant life experiences, commitments or awards, such as internships, international experiences and volunteer projects.

Non-refundable enrolment fee: 100 EUR

Programme Start

The next intake of the Master of EU Banking and Financial Regulation (EBI) will start September 2023. All students are expected to be at Frankfurt School at that point of time.

Financing

An investment in your future

Your studies are a direct investment in your professional future. As a business school of international standing, we offer you not only the best study conditions, but also very good career prospects. In order to ensure the high quality of our teaching and research, we also expect commitment and the highest willingness to perform from our students. Financing your studies should be planned with a long-term perspective, and there are payment plans available to help you achieve your goals. Therefore, take advantage of our offer and let us advise you personally at an early stage.

Payment options

Learn more here