This practitioner-oriented Master’s degree provides students with a practical and theoretical foundation for successful careers in risk management, compliance, regulation and allied work streams within the financial services industry. Skills are developed through creating a broader understanding of financial firm risk-taking, accountability, governance.
The emphasis is on a deep analysis of mainstream and critical authorship. We will challenge current and past thinking on the role of financial institutions and markets. The programme particularly encourages students to examine regulatory structures and concepts in the context of recent and past financial crises.
Students will build the skills and knowledge needed to gain an understanding of financial reform processes and their consequences for markets around the world. Rigorous classroom teaching coupled with extensive reading provides students with a sound theoretical basis. An understanding of substantive legal issues is also developed.
Contributions by industry and regulatory experts introduces students to the nuances of real world application of theoretical constructs. Practical case studies, current legal positions and interactive student discussions or presentations are used in most lectures. In addition legal, academic, practitioner and regulatory input is gained through specialist guest lectures and visits as per the ability of the year-group.
Some key topics taught within this degree include:
October – December: Part 1 Autumn Term
January: Part 1 Exams
January-April: Part 2 Spring Term
May – June: Part 2 Exams
June – August (12 month programme only): Part 3
August/Sep (12 month programme only): Part 3 Coursework deadlines
Part 1 compulsory modules
Part 2 compulsory modules
Part 3 optional modules
Students on the 12-months programme should choose one from the following:
Full-time: 9 months Full-time: 12 months
Students will be resident and undertake full-time study in the UK. Under both, the 9 and 12-month programmes students take compulsory and/or elective modules in Part 2.
The 12 month option involves taking an elective 20 credit module between July and August, which would also mean a 20 credit reduction in the number of taught modules taken in the spring term.
The financial services sector has an ever-expanding need for graduates trained in the fundamentals of compliance, governance and regulation. This increasing demand has been fuelled by implementation of a number and rules and laws, including the EU Market Abuse Directive, Markets in Financial Instruments (MiFID), global standards such as Basel II, and the FSA and US regulators’ focus on principles-based regulation, all of which require significant in-house compliance resources.
With recent explosive growth in capital markets such as China,India, the Middle East and Eastern Europe, combined with the increasing complexity of financial products and a growing sophistication on the part of investors and market participants, there are immense challenges facing institutions, compliance professionals within them and regulators.
Our graduates are in a very strong position to build successful careers in the compliance or legal divisions of investment banks, fund managers and hedge funds, retail banking institutions and other market participants.
The ICMA Centre is a Chartered Institute of Securities and Investment (CISI) Centre of Excellence. Centres of Excellence are a select group of UK universities, recognised by the CISI as offering leadership in academic education on financial markets. Students who are on a financially-related masters course recognised by the CISI are eligible for exemptions and membership.
ICMA Centre students who register and successfully complete two CISI Diploma in Capital Markets modules (Securities and Bonds & Fixed Interest Markets) are eligible for an exemption from the third module (Financial Markets).
ICMA Fixed Income Certificate
To obtain the requisite knowledge to pass the rigorous FIC exam, students are required to take the ICMA Centre Fixed Income Cash and Derivatives Markets module at Part 2. In order to receive the FIC certificate, students will need to register and pass the FIC exam through ICMA.
This course is ideal if you are graduate wanting to develop a career in banking and insurance, financial consulting and regulation, and supervision and compliance. It gives you a broad foundation for career advancement and prepares you for further study with key professional bodies.
We aim this course at
The immediate value of this course to present or potential employers is its relevance in the job market.
Designed with input from professional bodies and financial institutions, a distinctive feature of the course is its focus on present-day national and global developments in banking and financial markets. You study these developments alongside financial practice and theory based on current research.
This course is linked with the Chartered Bankers Institute and the Association of Corporate Treasurers (ACT). During the course you study modules such as International Treasury Management, which is of particular relevance to professional qualification. The course is designed to provide the technical and practical skills necessary for professionals working in international finance. If you successfully complete the CertITM and this course you are eligible for direct entry onto the MCT advanced diploma, subject to work experience.
You can find careers in retail or corporate banking, fund management, financial markets and financial regulation and compliance.
If you hold the Sheffield Hallam MSc in Banking and Finance, you are eligible for direct entry to the MCT programme with the Association of Corporate Treasurers.
September start – typically 12 months
January start – typically 15 months but it can be completed in 12 months
Semester one - Postgraduate Certificate
Semester two - Postgraduate Diploma
Semester three - MSc
This module develops your abilities to critically evaluate and appraise published research and develop your own research skills. It provides the key steps in developing your understanding of the nature of the postgraduate dissertation and approaches to undertaking one. On completion of the module you formulate and undertake your own research project.
The dissertation provides an invaluable opportunity for you to undertake a major research-based project on a topic relevant to your future career development or your academic interest. It gives you the opportunity to demonstrate the skills and knowledge you have gained on your masters course and to develop research skills.
Assessment methods include phase tests, individual assignments and group work tasks
Possible progression or career routes after you have completed this course include • a wide range of opportunities in all countries within the banking and retail financial services sectors as well as within government and regulatory organisations • bank management and wider finance roles such as credit analysis and financial engineering • working in treasury related roles and other financial risk management positions • opportunities in financial analysis and management consultancy
Previous graduates have gained employment in organisations such as • SKNA National Bank • Emiko SA • Chinatrust Commercial Bank • HSBC • Barclays • JPMorgan Chase • Deloitte • Lloyds Capital Markets • Co-Op Bank • Scottish Widows • Royal Bank of Scotland
This programme is for students who wish to gain a deeper and contextual understanding of how commercial law operates in practice. It allows you to choose from over 25 courses, to reflect your interests, experience and industry focus.
This programme aims to provide you with a deeper understanding of how international commercial law operates in practice, with course options to reflect interests, experience and industry focus.
Globalisation and developments in technology have led to a marked increase in international trade in goods and services, in international investment, and in the development of global financial markets. In parallel, the world of international commerce has seen major growth in the regulation of commercial activity at a national and international level, and in international litigation and arbitration. This LLM aims to help you understand the international context in which business currently operates.
The programme focuses on the legal responses to the developments shaping international commerce today, as lawyers and business professionals are increasingly required to look beyond domestic law to find solutions appropriate to their international business needs and opportunities.
The programme is delivered by online distance learning, through our bespoke online learning environment ‘eScript’.
The learning process is interactive and research-focused. Courses are taught by leading academics in the field in question; some are also conducted by eminent practitioners with specific expertise in the chosen subject, in conjunction with academics from the School of Law.
Each session comprises a variety of activities, which could include (combinations of) any of the following:
The LLM in International Commercial Law and Practice requires that you complete a total of six courses (120 credit points), four of which must be from the core courses listed below. You must also complete a dissertation (60 credits) over your chosen period of study.
Core courses offered in 2016/17:
Please note the available choice of courses in any given year may change.
The LLM in International Commercial Law & Practice will enable you to engage with a wide range of subject areas and to gain advanced knowledge and understanding of international legal principles.
The courses allow you to develop a practical understanding of the legal issues surrounding specific industries, markets and commercial relationships. They also facilitates a broader and more generic understanding of underlying themes such as harmonisation, regulation and compliance.
The programme will enable you to look beyond the technical content of the relevant law and to think critically about the underlying problems and conflicting solutions. Having studied the programme, you will emerge with an understanding not just of legal issues, but regard to ethical principles and the social and economic context. Here, particular emphasis is placed on the economic and commercial context.
The majority of students on the Law School’s LLM programmes by online distance learning are mid-career, and they often work across international boundaries. Many will already be established in their career, but wish to use the programme to consolidate skills and knowledge accumulated over time.
Graduates of our online distance learning programmes progress to a range of careers in law and related legal fields, including work in local and international firms, government legal departments, other public institutions, international organisations and in academia. The programmes are also an ideal platform for advanced research.
For some graduates, successful completion of the programme will lead to a promotion within their current positions. Others aim to develop a new professional direction altogether. The programme aims to support students in whichever outcome they aspire to, through developing their knowledge and understanding of the law, but also through acquiring transferable skills and, not least, the experience of engaging with leading academics in the field and with fellow students.
The profile of online distance learning LLM students, and their needs for career guidance, are recognised by the University careers service, which offers information resources relevant to international and non-Law careers, and the opportunity to arrange individual consultations with students who are based remotely.