Investment banking before law school

That is a poor reason to make the move because banking and law are very different professions. As with any other career transition , the sooner the better. Law: What’s the Difference? First-year turnover is high for these reasons. Yes this maybe more useful — a lesser known law firms in India where I get to work in core corporate, securities, restructuring and other related matters which overlap with the job profile of an IB. Schell, Jr. Investment Banking Investment banking positions are known for their competitiveness, work pressure, prestige and huge salaries.

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The LLM in International Banking Law and Finance is designed for those who wish to work in or are already working in the areas of global financial markets, financial services regulation, and corporate finance. This highly specialised LLM programme is very suitable for ambitious students and professionals who aspire to pursue a successful career in the field of global financial markets and especially in the areas of financial technology, banking, capital markets and corporate finance, and accounting and law firms. It is also suitable for those who wish to pursue a successful career with regulatory authorities, central banks, and other public sector organisations. It will help you position yourself as a highly skilled expert and future leader in the wider area of global markets, and banking law and finance. Based on the University of Edinburgh’s strong law, finance and fintech expertise, the programme offers interdisciplinary courses on the legal and economic aspects of international banking, corporate finance and European and global finance regulation. It also utilises key experience from practice to help you develop investment banking before law school, problem-solving and drafting skills to handle complex policy, compliance, transaction structuring and completion challenges.

Overview of Business Careers

If real life imitated TV perfectly, law would be an intellectually stimulating and exciting career path for everyone. If so many career changers are getting in, the bubble is about to burst! That is a poor reason to make the move because banking and law are very different professions. But as a banker you start wining and dining clients much earlier on , and the job changes significantly once you hit the VP level. Or start learning more now and think about transitioning only when your story is more credible, whether that takes 1 year, 2 years, or more. Several lawyers-turned-bankers mentioned litigators and even patent and environmental lawyers getting in: it all depends on how good a story you can spin.

In-House Legal Practice

The LLM in International Banking Law and Finance is designed for those who wish to work in or are already working in the areas of global financial markets, financial services regulation, and corporate finance. This highly specialised LLM programme is very suitable for ambitious students and professionals who aspire to pursue a successful career in the field of global financial markets and especially in the areas of financial technology, banking, capital markets and corporate finance, and accounting and law firms.

It is also suitable for those who wish to pursue a successful career with regulatory authorities, central banks, and other public sector organisations. It will help you position yourself as a highly skilled expert and future leader in the wider area of global markets, and banking law and finance.

Based on the University of Edinburgh’s strong law, finance and fintech expertise, the programme offers interdisciplinary courses on the legal and economic aspects of international banking, corporate finance and European and global finance regulation.

It also utilises key experience from practice to help you develop practical, problem-solving and drafting skills to handle complex policy, compliance, transaction structuring and completion challenges. We pride ourselves on delivering intensive, high-quality teaching in small-group settings. Depending on prior expertise and experience, graduates of the programme go on to excellent careers and this is one of the very few LLM programmes, globally, that prepares students for posts within the wider banking and finance industry and not just in the legal services sectors.

We take a research-led approach to teaching and you will be taught by Edinburgh Law School’s leading experts in this field as well as by leading figures of the industry including senior bankers and fund managers from leading institutions. You will also benefit from connections to the legal profession and professional networks of the Edinburgh Centre for Commercial Law. Launched inthe Edinburgh Centre for Commercial Law is a research community whose members conduct research in various fields of commercial law, including company law, banking law, labour law, agency law, and consumer protection law.

In all these cases, we study Scots and UK commercial law in its comparative European or international context. Visit the Edinburgh Centre for Commercial Law website. During the programme, you will benefit from being part of a vibrant intellectual investment banking before law school at the Law School.

You will have access to an exciting programme of events, many of which provide a unique opportunity to hear from distinguished speakers from a range of fields. In previous years seminars and guest guest lectures have featured speakers who held leading positions in the fund management industry, banks, and regulators including the Head of the Prudential Regulation Authority PRAthe Deputy Governor of the Bank of England and leading finance lawyer Lee Buchheit.

Research and subject area activities related to the programme include invited speakers to the Edinburgh Commercial Law Centre which students are actively encouraged to attend.

The programme structure consists of credits, comprising three compulsory taught courses worth credits 40 credits each and a 10, word dissertation worth 60 credits. Modern corporations draw funding to finance their consumption and investment needs from a variety of sources on the basis of extensive cost-benefit considerations. These include a multitude of factors, such as legal considerations, the quantity of funding required and cost of capital depending on its source, impact on shareholders and management.

Students in this course will discuss the mechanics, structuring, and legal aspects of select corporate finance transactions and their interaction with organised capital markets e. To this effect, the course will also examine select topics in capital markets and economic theories underpinning them, including modern finance theory, with special focus on the capital structure irrelevance theorem and risk management techniques, including corporate valuations.

It also expands on the law and economics of disclosure, regulation of market abuse insider dealing and market manipulationand the function and regulation of the market for corporate control. Then the course focuses on the mechanics, structuring corporate takeovers, IPOs, Private Equity Markets and the legal and regulatory framework underpinning. In building the theoretical and knowledge framework the course teachers will encourage students to study and research, under supervision, specific high profile cases and present their case studies in class.

International banking transactions and the law underpinning them are at the heart of the global economy. Deals in international banking markets run in to trillions of dollars every year, and cover such diverse areas of finance as bank lending, bond issues, securitisations, derivatives contracts, asset finance and secured financing contracts, such as, repos.

There is, thus, a strong need for a new LLM course that will consolidate existing LLM teaching in the field of banking law, but also focus on the legal treatment of international banking. The course will examine the law and practice of international banking in relation to seven proposed areas:.

Global financial markets have gone through various stages of development since Bretton Woods. In the past two decades, liberalisation, technological advancement, and market innovation have elevated financial markets to a position akin to being the heartbeat of the global economy. However, since they seem to have fallen into a state of irremediable disrepair.

Thus, while global finance was before either unregulated or its regulation was largely a matter of national regimes with the exception of the EUever since the regulation of International finance has become the subject of extensive reform at the global, regional EUand national level. Most of the new regulations target ‘too-big-to-fail’ institutions and intend to bolster systemic stability. But regulatory reform has not stopped with banks it has been extended to regulation of hedge funds, credit rating agencies, OTC derivatives markets and a host of other interlinked areas.

This course will examine the workings of global finance and the institutional edifice supporting it, based on modern regulatory theory and practice, from an interdisciplinary perspective law, economics, politics. It will offer in depth insights into the economic, regulatory, and political framework under which financial markets operate in the EU, the USA, and internationally.

Having successfully completed credit points of courses within the LLM, you will be ready to move onto a single piece of independent and in-depth research. You will be assigned an academic dissertation supervisor who will provide you with support and guidance while you prepare and write your dissertation.

The dissertation is a challenging but rewarding endeavour, asking you to demonstrate a comprehensive grasp of the relevant literature and an ability to engage critically with a range of sources, drawing on the skills and knowledge you have developed during the course of the programme.

Students are encouraged to show originality and evidence of independent thinking, whether in terms of the material used, or the manner in which it is presented. The dissertation is written in the summer months April to August after the taught courses are successfully completed. You will be taught by Edinburgh Law School’s leading experts in this field as well as by leading figures of the industry including Senior bankers and fund managers from leading institutions.

Teaching staff on this programme have excellent connections to the global banking community and regularly contribute to international discourse and debate on topics related to international financial regulation. Emilios is an acknowledged international expert on public policy and financial reform, banking theory, banking and capital markets regulation, law and finance, and global economic governance.

He has given keynote lectures, annual lectures, research seminars and conference papers in a plethora of leading academic institutions and in influential public policy organisations such as the Bank of England, the Basel Committee, the European Parliament, US Federal Reserve banks, and Singapore Monetary Authority.

Emilios’ work has frequently been cited and commented upon in major Parliamentary and public policy reports and is often cited by the global media including Reuters, Financial Times, Bloomberg and the Wall Street Journal. Until Emilios practised extensively in the broader field of International and European financial law and structured finance. Parker Hood is a lecturer in Commercial Law, whose research interests include banking law, company law, the law of obligations and general commercial law.

He is the author of a monograph on bank liability, Principles of Lender Liability Oxford University Presswhich was published in October Find out. Mr Buchheit, Visiting Professor at Edinburgh Law School, is an internationally renowned finance lawyer and will give a series of seminars during the programme. He is the author of two books in the field of international law and more than 40 articles on professional matters.

Mr Habib Motani joins our programme of distinguished guest speakers. You will also benefit from a series of guest seminars by leading figures of the industry including Senior bankers and fund managers from leading institutions.

Matthew talks about his experience of studying on the LLM in International Banking Law and Finance in the academic year, life in Edinburgh and the newly refurbished Old College. After some internships in Austria and abroad, I started working for Deloitte. I focused on banking supervisory law and advised clients, which were mainly banks, on topics such as compliance, anti-money laundering, data protection and remuneration.

I wanted to study this particular LLM because the courses and the structure of the program seemed very interesting and I thought that this LLM could help me to broaden my knowledge about financial markets and finance in general. One of the highlights of this program was to be taught by Prof. Avgouleas, who is very enthusiastic about his subject and has both extensive knowledge as well as experience, which allows him to give his students interesting insights into practice.

I think I benefitted a lot from group presentations and case studies because they helped me to develop my soft skills further and learn how to interact with people with different from different academic and cultural backgrounds. After finishing my dissertation, I started working in the legal department of an Austrian financial conglomerate where I focus on regulatory affairs. I have the chance to apply my newly acquired skills and knowledge.

All three courses were interlinked and provided students with cutting-edge knowledge in the interdisciplinary area of law and finance. Through structured seminars, speeches by top experts, but also class presentations and real-life case studies, I gained a deep understanding of the financial markets and their regulation. Professor Emilios Avgouleas generously shared his expertise and experience in a well integrated academic and practical way and helped us develop our critical thinking and open our eyes to the real corporate and financial world.

Overall, this programme gave me confidence to pursue a career in the banking industry and enhanced my professional horizons. If you want to gain a strong competitive advantage over your peers and pursue a successful career in the financial sector, the LLM in International Banking Law and Finance is perfectly suited for you!

I had the opportunity to expose myself to interdisciplinary material and engage in fascinating debates with top experts in their respective fields. I soon realised how the business world operates and why the programme is structured the way it is, since the element of interconnectedness is present throughout the carefully designed and always up-to-date courses.

In terms of career prospects, I secured an offer from a leading bank in Switzerland, where I am currently working as a Financial Crime Compliance Analyst. Here he talks about his experience of studying for the LLM. We require a minimum honours degree from a UK university, or its international equivalent, in law, finance, accounting, management or business studies.

Entry to this programme is competitive. Meeting minimum requirements for consideration does not guarantee an offer of study. If you have a non-UK degree, please check whether your degree qualification is equivalent to the minimum standard before applying. Postgraduate study in the field of law requires a thorough, complex and demanding knowledge of English, so we ask that the communication skills of all students are at the same minimum standard.

Students whose first language is not English must therefore show evidence of one of the following qualifications below:. Your English language certificate must be no more than two years old at the beginning of your degree programme. The UK Government’s website provides a list of majority English speaking countries. We also accept an undergraduate or postgraduate degree, or equivalent, that has been taught and assessed in English from a university on our list of approved universities in non-majority English speaking countries.

If you are not a national of a majority English speaking country, then your degree must be no more than three and a half years old at the beginning of your programme of study. Find out more about the University’s English language requirements. Your application may not be successful if you do not currently satisfy any of these requirements; alternatively, you may be offered a place conditional on your reaching the satisfactory standard by the time you start the degree.

The University runs a series of programmes for English Language Education, including a pre-sessional English Language Programme intended to strengthen your English Language skills before you start your programme of study. Find out more about English language support offered by the University. Due to high demand, the school operates a number of selection deadlines. We will make a small number of offers to the most outstanding candidates on an ongoing basis, but hold the majority of applications until the next published selection deadline when we will offer a proportion of the places available to applicants selected through a competitive process.

We monitor application numbers carefully to ensure we are able to accommodate all those who receive offers. It may therefore be necessary to close a programme earlier than the published deadline and if this is the case we will place a four-week warning notice on the relevant programme page.

Please note that it is your responsibility to submit the necessary documents. After your application has been submitted you will be able to track its progress through the University’s applicant hub. Application processing times will vary however the admissions team will endeavour to process your application within four to six weeks of submission. Please note that missing documentation will delay the application process.

Please note that if you receive an offer of a place to study the LLM in International Banking Law and Finance and later decide that you do not want to accept your place, we do not allow deferrals. In this case you would have to reapply for the following academic year.

Find out more about applying to the University of Edinburgh. University of Edinburgh admissions terms and conditions.

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Most law school students interested in hedge funds are best suited for the analyst role. Hi, I am currently pursuing a five-year integrated undergraduate law investment banking before law school I am in 5th and final year and up on completion I will earn a B. Of the two career paths, investment banking requires greater quantitative acumen. Chris November 26, Have been following your blog for a few years now right back since I was at university in Hong Kong and remember getting an ECM summer analyst stint literally on the back of going through some of your interview prep guides, so thanks for that! Private equity firms make their money by selling their stakes in portfolio companies to corporate buyers or floating their stakes on the public market through IPOs. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Yes, an MBA post-law school is a pattern as well, though definitely not necessary to get in.