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LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany

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Gio

Joined: 25 Jul 2005
Posts: 19
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Sun Dec 16, 2007 01:58 PM
Hi everybody,
I studied at the ILF 2006-2007 and am therefore entitled to recommend this program. Btw, I think I know Mr Lawyer (I think we've been neighbours in September 2007...) and would like to say hello to Fasil (try and guess who I am...not too difficult...).
As far as I know no statement of purpose is required (unless they changed sth): But preparing one and sending it along with the application package won't harm you.
As to ranking, I confirm it's important but not necessary to have a good ranking especially if you can demonstrate work experience in the field. For the Australian guy (sorry I can't read yr name right now): I bet the ILF would be very interested in receiving yr application. They usually are eager to differentiate (financial technique) and gain to the student body new nationalities. Thus go ahead!
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Finance Guy

Joined: 03 Dec 2007
Posts: 13
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Sun Dec 16, 2007 06:41 PM
What's Up!!!

I would like to be in contact with the prospective students of the ILF 2008/2009...

So, if you applied already or will apply, could you write your name and nacionality below?!?!

Let's make it even nicer...

Cheers,

My Status:

- Collecting Documents and Translating them to apply;

Nationality: Argentinian;

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ashraf

Joined: 11 Sep 2007
Posts: 29
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Mon Dec 17, 2007 03:32 AM
Hi,

I am Ashraf from Bangladesh. Application status: applied already, finger crossed.
Good luck to all.


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mayumi

Joined: 12 Dec 2007
Posts: 6
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Mon Dec 17, 2007 12:12 PM
ML / Rafael,
Thank you for the tips. Well, I'd better hurry completing these requirements....
Great seeing all these Q&As posted on this board; practically all of my questions now have found light ;)
Hoping I can make it in 2008-2009.

Thanks again.
Yumi



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ringoeric

Joined: 11 Feb 2005
Posts: 6
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Mon Dec 17, 2007 01:36 PM

[Edited 17 Dec 2007 by ringoeric]

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Gibbo

Joined: 13 Dec 2007
Posts: 2
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Mon Dec 17, 2007 06:16 PM
Mr. Lawyer,

Thank you for the reply. Actually, you are completely right, I have nothing to lose by putting in an application.

Best of luck to those who have applied or are about to. I hope to see you there!

Gibbo
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Rafael Lima

Joined: 14 Dec 2006
Posts: 65
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Mon Dec 17, 2007 10:48 PM
Hey Guys,

I wish you all the best in your application!

Hope you all come and help the Institute to become more and more important and the LL.M even better.

In case you still need any help, just post here and I will be proud to help (if possible).

Cheers,

Rafael
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PP65468

Joined: 19 Sep 2007
Posts: 17
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Sat Dec 22, 2007 09:03 PM
Rafael and others, thanks a lot for helping, first of all. I am especially curious about job opportunities after the program without having a (first) German law degree. Even if you get an internship through the program, does that translate into a potential job offer after graduation? In other words, is the program primarily one that gives students some good experience but assumes that they will go back to their home countries after graduation, or are people actually getting jobs through this (in Frankfurt or elsewhere)?

Again, thanks a lot.
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Mr. Lawyer

Joined: 11 May 2007
Posts: 56
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Sun Dec 23, 2007 06:53 PM
Hi Everybody...

I feel so happy because people is really asking and talking about the ILF.

That's really great to see the LLM you've done one of the most popular in this world. Today the ILF is in the 13th place in the LLM Guide Ranking... IMPRESSIVE!!!

Well, I will always be here to help those really interested in the Institute to get a place in one of the most nice LL.M over this planet, for sure.

Regarding the "Jobbability" of the ILF I can say:

1) You will get an internship in Frankfurt, for sure;
2) You will work then in one of the leading banks or law firms for at least two months, enhancing your opportunities and network;
3) Provided that you work hard, speak good english and fit in their policys (imigration from auslanders, bla bla bla...), you can really get an placement in one of these places;

I know some guys from Alumni and from my own group which got proposals to stay and jobs in this city! Others preferred to go back their own countries and make thei lives there.

One thing is sure: without a german bar (first or second) and not being a solicitor in NY Bar, you will probably make less money in the very beginning, but you can after all compensate it.

Another important fact: a job you can get everywhere, the job is another thing. I fell the LLM can prepare you to face huge challenges, meet expactations, but only you can make the difference to get the best placement.

Remember that...

Byeeeee




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Noypi

Joined: 14 Jan 2008
Posts: 1
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Tue Jan 15, 2008 11:19 AM
Hi guys!

I'm filipino and I've already been accepted to the Program. Hope to see everyone this October!
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Rafael Lima

Joined: 14 Dec 2006
Posts: 65
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Thu Jan 17, 2008 10:58 PM
Congrats Mate!

Anybody else??

Cheers,

R
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btr


Joined: 03 Feb 2008
Posts: 9
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Mon Feb 04, 2008 09:42 PM
Hello,

I also want to apply LLM Finance. I have a question: They want high school transcripts. Is it mandatory? Because in my country, we have to pass an exam to go to university. The high school grades do not grant you the right to choose your school. Do I have to submit the high school transcripts in any situation?

Thank you very much...

btr
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ringoeric

Joined: 11 Feb 2005
Posts: 6
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Tue Feb 05, 2008 11:38 AM
btr
am in your shoes, i have not been admited as of yet but i guess i may just share with you what i did.

Well to my observed opinion, i would advise you send them all necesary but, certified documents which you think may be useful or may provide them with the understanding of your accademic profile.

Other than that, i hardly have any other better advise.

best

Eric
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Mr. Lawyer

Joined: 11 May 2007
Posts: 56
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Tue Feb 05, 2008 12:37 PM
Yeap Mate,

They will require that!!!

Ranking, Transcripts for both High School and University...

It is impossible to skip this requirement...

Tschuss
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btr


Joined: 03 Feb 2008
Posts: 9
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Tue Feb 05, 2008 02:53 PM
Thanks mates for your help.

Mr Lawyer, there is nothing about ranking for the high school in the website, are you sure about it? As far as I know, they just need the ranking in the university... What do you think?

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Mr. Lawyer

Joined: 11 May 2007
Posts: 56
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Wed Feb 06, 2008 04:04 PM
Hey,

You misunderstood me, or I was not clear enough.

Ranking (university), transcripts from both.

Tschuss
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Finance Guy

Joined: 03 Dec 2007
Posts: 13
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Thu Feb 07, 2008 11:48 AM
Hello,

Is there any Alumni around that could give us some advise about which subjects should we take for the first semester?

It would be really nice if we could know "inside information" before choosing subjects.

Thanks a lot,

Bye
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Rafael Lima

Joined: 14 Dec 2006
Posts: 65
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Tue Feb 12, 2008 03:17 PM
Hey,

I am doing it right now.

What exactly do you wanna know??

Isn't it a bit early for course selection?!?!?!

In any case, I may help you. And don't be that worried because you will be able to go for all classes for the 1 and 2 week. Then, you will have to decide it in reality.

The first selection is not definitive...

Cheers,

Rafael
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btr


Joined: 03 Feb 2008
Posts: 9
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Wed Feb 13, 2008 07:39 AM
Hi mates,

There banking law LLM degrees in UK and people I talk say that going to UK is a better idea if the courses will be held in English and the tuition fee is 15.000 Euros. What do you think? According to you, why is LLM Finance better than those in UK?

Thank you very much in advance...

btr
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Rafael Lima

Joined: 14 Dec 2006
Posts: 65
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Wed Feb 13, 2008 03:57 PM
Well,

I would say it is quite easy:

1) Here you can take more than 4 papers in the whole year. I had myself an experience in the UK and I can say that they have great name, good universities, but for an LL.M... They give you toooooo many brakes, tooooo much time to follow one or two papers only. I got bored... It is only one year. It must be as intense as possible.

2) Here they do speak English as well!!! Even though, it is in Germany. Professors come from UK, America, Germany, Portugal, Italy, to name few... It is really international. You have a broader view, learning how to manage not only the Company's Act 2002 and regulations from the UK (the view in the UK), but German, USA, UK, and General EU rules.

3) The chance you have to get a scholarship here is hundred times bigger than in ANY UK University. Cost of life is better and in Frankfurt you can survive without German easily.

4) The connections of the ILF with the market in Frankfurt can be equal, but not worse than ANY Law School in the whole world. In our group of 40, more than 35 got already an internship with half time gone. And you can bet: in top law firms and banks.

5) Here, there will be not only lawyers talking about Finance, but also business guys talking about law. The interactions and interdisciplinary of the course makes it worthier.

That's it!

Think about…

Bye

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Jai1

Joined: 01 Jun 2007
Posts: 43
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Sat Feb 16, 2008 05:55 PM
@Rafael Lima & Mr. Lawyer,

First of all, thanks for providing useful info about ILF.
I have also received offer letter from ILF with a scholarship of Euro 5000. I am also admitted to Georgetown and awaiting for Berkeley & Harvard. But I am in dilemma what to do....

I am a law graduate from India, at present working in Middle East in an Int'l IP Firm. I do not have much exp in Finance but have finance background in first degree course. I do not know German. In your opinion what will be the chances of getting job after completing LL.M. from ILF and what will be a better option between Georgetown and ILF in long term career perspective.
Regards
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Mr. Lawyer

Joined: 11 May 2007
Posts: 56
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Sun Feb 17, 2008 05:58 PM
Hey Jaideep,

You put me in a very delicate situation now.

As a matter of advice and suggestion, you must be aware that nobody can really decide your life for you. And if advices were always good, we would not merely give them, but sell it for a reasonable price!

Unfortunately, I must admit that today a degree in Georgetown will look better in your CV than one got in the ILF. It is a fact that Georgetown is widely known not only in the US, but in India, Europe and everywhere else. The ILF for its turn, has a more strong value in the European environment.

However, It is also a fact that your CV can make it easier for you to get a first job, but it is not enough to keep you in there. You must be really good to have your space nowadays, specially in Finance!! It this sense, I can guarantee you that in the ILF you will REALLY learn finance. I dunno how things are in Georgetown, how into Finance they are, and if they really provide you a special and unique time studying.

To be honest, I am a bit skeptical with the NAMES of Universities only. Not always the quality reflects the name acquired. But it is a good indicator though... I would reaserch quality of staff and program. And than compare...

Another fact that you must keep in mind is the life in the US nowadays. For outsiders, it has become really a problem. Personally, I don't like been considered a problem that must be tolerated for a while. If i have to live in a place out of my country, I would prefer to go for one where I fell welcome, where my rights and homeland are respected. In this sense, I have nothing to say about Germany. Specially the people from Hessen, the state of Frankfurt. They are really nice with us, public authorities act with respect and you fell welcome. On the other hand, I had a "not very good" experience in the US learning english...

Also, in Germany you can attend internships and be paid for that. In the ILF you WILL realize one as a mandatory requirement. It is a great chance to make contacts and find a job after graduation. I had three offers, accepted two, and hopefully will be employed after here.

But, it is just my point of view. I had 5 offers to select before comming, all here in Europe: UCL, QMUL, Durham, ILF and Catolica. I am proud of my choice...

That's it mate.

Think, think, and when you have sure, think a bit more. It is a decision for life. Dont put money before other more important things... you have your entire life to work and make it!!

Bye

Mr. Lawyer.





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Jai1

Joined: 01 Jun 2007
Posts: 43
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Mon Feb 18, 2008 08:17 AM
Thanx a lot.....

That,s true, it is me who is going to decide. I just asked for your advise and you advised me in a fair way.... One more thing, is there any other scholarships for ILF LL.M. students.... Still I have to pay Euro 10,000 for remaining fee...
Thanks again and Best regards
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Mr. Lawyer

Joined: 11 May 2007
Posts: 56
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Mon Feb 18, 2008 12:59 PM
Hey mate,

I just said that things regarding advices and decisions coze here in this website very often we see people saying "help me to decide". And they just got the votes and go for the most selected one... it cannot be like that. But, I am sorry anyway...

Regarding your last querry, I know that they have a huge list of sponsors and a good contact with the DAAD. This is a germany public board that provides scholarships for overseas students.

Get in contact with the admission office of the ILF and ask them if you can combine scholarships (i dunno if it is possible) and, if yes, how to make contact with the DAAD.

Thats it!!

I wish u all luck in your decision and your seek for the scholarship. But 5.000 Euros is quite a lot, hein...

If you decide for the ILF, we will see each other in some of the Alumni events for sure.

Tschuss

Mr. L
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Vale

Joined: 05 Dec 2000
Posts: 2
LL.M. in Finance - Institute For Law and Finance at Goethe University - Germany
Wed Feb 20, 2008 03:05 PM
Hi all,

I wanted to ask you how much the LL.M. could be effective in terms of career enhancement/career change and in general continuous and updated learning for a 36 years old lawyer who has practised in 5 European countries up to now.

As far as you are aware, has ever anybody of my age attended the LL.M.?

Thanks for your replies.
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