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Programme Specification for International Law and Financial Markets LLM

 

Final award

LLM

Intermediate awards available

PG Dip, PG Cert

UCAS code

N/A

Details of professional body accreditation

N/A

Relevant QAA Benchmark statements

N/A

Date specification last up-dated

7th August 2009

Profile

The summary - programme advertising leaflet

Programme content

The programme will offer candidates the opportunity to study the role of public international law in the regulation of financial markets. The programme will explore the doctrines and institutions of public international law, and the form and environment of the regulation of financial markets. There will be an emphasis on the relationship between the international rule of law and international operation of finance in the context of globalization focusing on accountability, transparency and good governance. Students will take two core modules: Current Issues and Research in International Law and the Regulation of Financial Markets and two options: one from a list of international law options and another from the list of financial and economic law modules. The programme will be completed with a 15,000 word dissertation that can be written in the areas of either public international law or the regulation of financial markets.

International Law and Financial Markets at UEL

  • The School of Law has expertise in the area of international law and 80% of its research was rated as ‘of international recognition or above’ in the Research Assessment Exercise (RAE) 2008.
  • LLM programmes were rated “commendable” (highest grade) in Quality Assurance Agency reports in 2003 and 2006.
  • The School of Law is the home to the Centre on Human Rights in Conflict
  • The programme is taught by experts in the fields of international law and financial law and sustained by regular publications and consultancy

Admission requirements

Candidates must have a good honours degree in law, economics, international relations or the social sciences.

In the case of applicants whose first language is not English or who have not studied to first degree level in English, they will require IELTS 6.5 (or equivalent). International qualifications will be checked for appropriate matriculation to UK Higher Education postgraduate programmes.

Students who apply to enter stages of the programme may be admitted through normal Accreditation of Experiential Learning (AEL) or Accreditation of Certificated Learning (ACL) processes, or through an approved articulation agreement. Therefore such applicants must be able to demonstrate and evidence that they have attained the required learning outcomes as listed in the modules for which they are seeking exemption.

Programme structure

The programme is one year full-time or two years part-time. Two modules are taught in each of two semesters for full-time students and one module in each of four semesters for part-time students. The dissertation will be researched and written during the summer period between semesters (June-September). The programme will consist of four taught modules and a dissertation. Two of the taught modules will be core and required: Current Issues and Research in International Law and the Regulation of Financial Markets. The other two modules will be options.  One module will be chosen from a list of international law modules and another from a list of financial and economic law modules. Each module is rated at 30 credits. The dissertation is rated at 60 credits.

Learning environment

Teaching will be conducted through a mixture of lectures, seminars and workshops. Specialist seminars will also be held in the field.  Students benefit from:

  • 24 hour access to UEL libraries during teaching time
  • membership of the library of the Institute of Advanced Legal Studies
  • excellent on-line resources
  • podcasts of lectures and electronic teaching support on UEL PLus.
  • supervision for the dissertation

Assessment

Assessment in the modules is research based with candidates normally writing on an essay topic negotiated with their tutor. In some modules this is supplemented by research diaries, case studies and oral presentations. The grading for the programme is as follows: a pass mark is 50-59%; a merit 60-69% and a distinction is 70% or above.

Relevance to work/profession

-

Thesis/Dissertation/project work

Most of the assessment is research-based and there is an emphasis on the development of excellent research-skills and good communication skills, especially through writing. Students will be encouraged to apply for internships at appropriate international, regional and national organizations (both state and non-governmental organizations).

Added value

-

Your future career

The LLM International Law and Financial Markets offers a good grounding for work in the finance sector of the legal profession, in financial institutions, the public services, business, NGO’s and the media.

How we support you

Every student is allocated a personal tutor and all staff teaching modules hold regular office hours to advise students individually about their academic programme. Generic study skills workshops take place providing instruction on module assessment and dissertation research and writing. At induction, all students are introduced to the library, electronic resources and electronic teaching provision (UELPlus). Students also have access to UEL’s counselling and advisory services.

Bonus factors

The LLM in International Law programme includes day Schools, special seminar series led by experts in the field and the possibility of an international study trip.

Outcomes

Programme aims and learning outcomes

What is this programme designed to achieve?

This programme is designed to give you the opportunity to:

  • develop critical appreciation of the role of international law and the regulation of financial markets in a globalized world.
  • engage critically with scholarly debates about the international rule of law and the regulation of financial markets
  • develop research and communication skills
  • develop the ability to analyze, articulate and write in the area

What will you learn?

Knowledge

  • ability to comprehend the key areas of public international legal doctrine
  • ability to comprehend key areas of the regulation of financial markets
  • ability to appreciate critically the role of public international law
  • ability to  appreciate critically the international financial market

Thinking skills

  • ability to engage with a range of theoretical legal perspectives
  • ability to interpret the legal sources
  • ability to interpret appropriate financial instruments

Subject-Based Practical skills

  • ability to use a law library
  • ability to use on-line legal data-bases
  • ability to undertake legal research

Skills for life and work (general skills)

  • ability to research and work independently
  • ability to read texts deconstructively
  • acquisition of communication skills relating to advocacy and writing.

Structure

The programme structure

Introduction

All programmes are credit-rated to help you to understand the amount and level of study that is needed.

One credit is equal to 10 hours of directed study time (this includes everything you do e.g. lecture, seminar and private study).

Credits are assigned to one of 5 levels:

  • 0 - equivalent in standard to GCE 'A' level and is intended to prepare students for year one of an undergraduate degree programme
  • 1 - equivalent in standard to the first year of a full-time undergraduate degree programme
  • 2 - equivalent in standard to the second year of a full-time undergraduate degree programme
  • 3 - equivalent in standard to the third year of a full-time undergraduate degree programme
  • M - equivalent in standard to a Masters degree

Credit rating

The overall credit-rating of this programme is 180 credits at M level.

Typical duration

The programme is one year full-time and two years part-time. It is possible to change the mode of study subject to any visa conditions.

How the teaching year is divided

The teaching year is divided into two semesters of equal length. A typical full-time student will take two 30 credit modules in each semester. A typical part-time student will take one 30 credit module per semester. The dissertation of 60 credits is undertaken in the summer period (June-September). Students can enter the programme in October or February of each academic year.

What you will study when

LevelUEL Module
Code
Module TitleCreditStatus

M

LAM 400

Current Issues and Research in International Law

30

Core

M

LAM 431

Regulation of Financial Markets

30

Core

M


LAM403
LAM416
LAM422
LAM418 
LAM430

Option 1: From Public International Law list of Modules:
International Refugee Law
International Criminal Law
War and Human Rights
Contemporary Islamic Legal Issues
Business and Human Rights

30

Option

M


LAM432
LAM411
LAM410
LAM404
LAM417

Option 2: From List of Financial and Economic Law list of Modules:
Law of International Finance
The Regulation of Transnational Corporations
Law of the World Trade Organization
Globalization
Economic Integration in Developing Countries

30

Option

M

 

Dissertation

60

Core

Requirements for gaining an award

In order to gain a Postgraduate Certificate, you will need to obtain 60 credits at Level M.

In order to gain a Postgraduate Diploma, you will need to obtain 120 credits at Level M

In order to obtain a Masters, you will need to obtain 180 credits at Level M. These credits will include a 60 credit level M core module of advanced independent research.

Masters Award Classification

Where a student is eligible for an Masters award then the award classification is determined by calculating the arithmetic mean of all marks and applying the mark obtained as a percentage, with all decimals points rounded up to the nearest whole number, to the following classification

70% - 100%

Distinction

60% - 69%

Merit

50% - 59%

Pass

0% - 49%

Not Passed

Assessment

Teaching, learning and assessment

Teaching and learning

Knowledge is developed through

  • Lectures, seminars and workshops
  • Critical reading
  • Specialist seminars and public lectures

Thinking skills are developed through

  • Essay and case study writing
  • Oral presentations
  • Library research
  • On-line research

Practical skills are developed through

  • The construction of legal argument
  • Electronic discussion groups
  • Participation in seminars and Public lectures

Skills for life and work (general skills) are developed through

  • research
  • writing

Assessment

Knowledge is assessed by

  • essays
  • case studies
  • oral presentations

Thinking skills are assessed by

  • rigorous research
  • accurate citations

Practical skills are assessed by

  • negotiated essay and dissertation which requires a high degree of independent work
  • the ability to revise written work

Skills for life and work (general skills) are assessed by

  • The development of effective communication skills both orally and in writing
  • Research and critical thinking

Quality

How we assure the quality of this programme

Before this programme started

Before the programme started, the following was checked:

  • there would be enough qualified staff to teach a research led programme including highly specialist staff in the areas of international law and the regulation of financial markets;
  • adequate resources including a well resourced library and on-line resources would be in place;
  • the overall aims and objectives were appropriate;
  • the content of the programme met national benchmark requirements;
  • the programme met any professional/statutory body requirements;
  • the proposal met other internal quality criteria covering a range of issues such as admissions policy, teaching, learning  and assessment strategy and student support mechanisms.

This is done through a process of programme approval which involves consulting academic experts including some subject specialists from other institutions.

How we monitor the quality of this programme

The quality of this programme is monitored each year through evaluating:

  • external examiner reports (considering quality and standards);
  • statistical information (considering issues such as the pass rate);
  • student feedback.

Drawing on this and other information, programme teams undertake the annual Review and Enhancement Process which is co-ordinated at School level and includes student participation. The process is monitored by the Quality and Standards Committee.

Once every six years an in-depth review of the whole field is undertaken by a panel that includes at least two external subject specialists. The panel considers documents, looks at student work, speaks to current and former students and speaks to staff before drawing its conclusions. The result is a report highlighting good practice and identifying areas where action is needed.

The role of the programme committee

This programme has a programme committee comprising all relevant teaching staff, student representatives and others who make a contribution towards the effective operation of the programme (e.g. library / technical staff). The committee has responsibilities for the quality of the programme. It provides input into the operation of the Review and Enhancement Process and proposes changes to improve quality. The programme committee plays a critical role in quality assurance procedures.

The role of external examiners

The standard of this programme is monitored by at least one external examiner. External examiners have two primary responsibilities:

  • To ensure the standard of the programme
  • To ensure that justice is done to individual students

External examiners fulfil these responsibilities in a variety of ways including:

  • Approving exam papers/assignments;
  • Attending assessment boards;
  • Reviewing samples of student work and moderating marks;
  • Ensuring that regulations are followed;
  • Providing feedback through an annual report that enables us to make improvements for the future.

Listening to the views of students

The following methods for gaining student feedback are used on this programme:

  • module evaluations
  • student representation on programme committees (meeting 4 times a year)

Students are notified of the action taken through:

  • circulating the minutes of the programme committee
  • a newsletter published twice each year
  • providing details on UEL Plus

Listening to the views of others

The following methods are used for gaining the views of other interested parties:

  • Questionnaires to former students
  • Annual student satisfaction questionnaire
  • Placements Officer

Further Information

Where you can find further information

Further information about this programme is available from:


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