Master in EU Banking & Financial Regulation (LLM) l Frankfurt School

Overview

The European Banking Institute (EBI) and Frankfurt School of Finance and Management have jointly established and strategically manage the Master in EU Banking and Financial Regulation (EBI), which awards a Master of Laws (LLM) degree. EU Banking & Financial Regulation Master (EBI) students will gain the skills and expertise necessary to succed in all banking and financial regulation fields.

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.

Highlights

Part-time programme with a unique structure combining work and study
Partnership with the European Banking Institute, a leading joint venture network in the field of banking regulation, supervision and resolution in Europe
Leading professors across Europe in research and consulting for the European Commission, regulators and supervisors with strategic ties to practice in the EBI network
Close links to the ECB, EBA, banks, law firms as well as advisory and consulting companies
Comprehensive legal-based treatment of banking and financial regulation legislation with a strong practical focus, including newest developments in ESG, DORA, and MiCA
Class dates are set prior to the programme start so you can plan in advance

Schedule 2024-2026

Ideal Candidates

The EBI Master is a part-time programme with a unique structure that permits simultaneous work and study. Lectures are held outside of working hours, allowing students to take advantage of full-time employment opportunities. Ideal candidates for the Master in EU Banking and Financial Regulation (EBI) are young professionals with a first academic degree in law, economics, business administration, or similar fields of study. Applicants without experience in law are welcome to apply, with the knowledge they must take a pre-course with relevant law content (offered by the EBI and Frankfurt School prior to the programme start).

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

Requirements

First academic degree in law, economics, or business administration (or equivalent)

- with minimum 210 ECTS, or

- 180 ECTS and one year of relevant work experience, or

- 180 ECTS and additional work during the programme
Excellent written and spoken English (TOEFL 90, IELTS 7.0, or equivalent)
Successful admissions interview

If the interview indicates the applicant requires further basics in law, we invite candidates to attend the programme pre-course with relevant law content.

Deadlines

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

Final application deadline: 30 June 2024

Programme start: September 2024

European Banking Institute

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

The European Banking Institute is an international centre for banking studies based in Frankfurt, the result of a joint venture of Europe’s preeminent academic institutions that decided to share and coordinate their commitments and structure their research activities to provide the highest quality legal, economic, and accounting studies in the fields of European banking regulation, banking supervision, and banking resolution.

Programme benefits:

Numerous professors from the EBI Academic Board from across Europe, leading experts in their fields, teach in the EBI Master programme
Free participation in all EBI events such as the EBI Global Academic Conference, the EBI Academic Debates, EBI Policy Series events, book launches, and other specialised seminars on cutting-edge topics
Access to important publications such as the Working Papers, the EBI Studies in Banking and Capital Markets Law, the Discussion Papers, and other regulatory reports

EBI Website

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

Lecturers

Module Coordinators

Module 1

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

Module 2

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

Module 3

Prof. Dr. Bart Joosen, Universiteit Leiden
Prof. Dr. Concetta Brescia Morra, Università Roma III

Module 4

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

Module 5

Prof. Dr. Christos Gortsos, National & Kapodistrian University of Athens
Prof. Dr. Seraina Grünewald, Universität St. Gallen

Module 6

Prof. Dr. Guido Ferrarini, University of Genoa
Prof. Dr. Rolf Sethe, University of Zurich
Prof. Dr. Peter Mülbert, Johannes Gutenberg University

Module 7

Prof. Dr. Filippo Annunziata, Università Bocconi

Module 8

Prof. Dr. Christos Gortsos, National & Kapodistrian University of Athens
Prof. Dr. Seraina Grünewald, Universität St. Gallen

Selected Lecturers

Prof. Dr. Jens Binder, University of Tübingen
Prof. Dr. Blanaid Clarke, Trinity College, Dublin
Dr. Mathias Hanten, Deloitte Legal
Prof. Dr. Marco Lamandini, University of Bologna
Prof. Dr. David Ramos, University of Madrid Carlos III

Curriculum

The Master of EU Banking & Financial Regulation (EBI) curriculum consists of eight mandatory modules and two mandatory elective modules. The programme concludes with a master thesis, where students apply the knowledge gained throughout their studies. Students without previous work experience (i.e. students with an LLB, BSc, BA) have the option to begin employment as a working student or trainee, or will be required to participate in an internship.

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, Universiteit Leiden
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, Universität St. Gallen

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

6 ECTS

Topics:

introduction of the most relevant Court of Justice of the European Union
standards of judicial review, proportionality, reference to the preliminary ruling and judicial dialogue , locus standi, soft law, delegation, discretion and balance of powers. Selected current trends are also discussed, as appropriate

Course Leaders:

Prof. Dr. Filippo Annunziata, Università Bocconi

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, Universität St. Gallen

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.

Unique Study Model

For working professionals

This part-time programme follows a blended model of evening lectures online and on-campus lectures, which allows students to continue working full-time alongside their studies. Students attend in-person classes on the FS campus one weekend per month, and two (occasionally three) online evening courses three weeks per month. There is always enough time between modules to prepare for exams and go on holiday.

Schedule 2024-2026

Your Professional Network

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

EBI Supporting Members

EBI Young Researchers Group (YRG)

FS Corporate Partners

FS Alumni Network

Financing

An investment in your future

Think of your studies as an investment in your professional future. As an internationally recognised business school, we offer you not only the best study conditions but excellent career prospects as well. We would be happy to advise you individually about our payment options.

Payment options

Application Process

Online application

The first step of the 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, IELTS 7.0, or equivalent)
Documentation of professional experience or extracurricular activities, if applicable

Each of the documents listed above is required to complete 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 2024

Programme start: September 2024

Results

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

We also take into account other significant life experiences, awards, or commitments, such as internships, international touchpoints, 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 2024. All students are expected to be present at Frankfurt School at this time.