Career Goal:
Law, Economics,
Finance and
Innovation
–
Our Masters’ Degrees
CONTENT
FOREWORD
FOREWORD 3
THE FACULTY OF LAW, ECONOMICS AND FINANCE
4
LL.M. STUDIES AT THE UNIVERSITY OF LUXEMBOURG
8
MASTER EN DROIT ET CONTENTIEUX DE L’UE (LL.M.)
11
MASTER EN DROIT BANCAIRE ET FINANCIER EUROPÉEN (LL.M.)
12
MASTER IN EUROPEAN ECONOMIC AND FINANCIAL CRIMINAL LAW (LL.M.) 13
MASTER IN EUROPEAN AND INTERNATIONAL TAX LAW (LL.M.)
14
MASTER IN EUROPEAN PRIVATE LAW (LL.M.)
15
MASTER IN SPACE, COMMUNICATION AND MEDIA LAW (LL.M.)
16
MASTER IN ECONOMICS AND FINANCE*
17
MASTER IN ENTREPRENEURSHIP AND INNOVATION*
18
MASTER IN ACCOUNTING AND AUDIT*
19
MASTER OF SCIENCE IN BANKING AND FINANCE*
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MASTER IN WEALTH MANAGEMENT*
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OUR RESEARCH
22
LUXEMBOURG – CENTRE OF FINANCE AND EXPERTISE
23
THE UNIVERSITY OF LUXEMBOURG
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THE UNIVERSITY AND LUXEMBOURG AT A GLANCE
25
CONTACT 26
Dear prospective student,
At the University of Luxembourg, we are dedicated to preparing you for a successful career. We train global thinkers for the 21st century. Each of our Master programmes has been designed to correspond to the needs of the Luxembourg, European and global markets.
The Luxembourg job market is one of many very good reasons to study here: it is dynamic and
international. Take advantage of the opportunity to study in one of the capitals of Europe, which so many European institutions call their home, including the Court of Justice of the European Union, the European Court of Auditors and the European Investment Bank. Benefit from studying in a leading financial centre, number two in the world for attracting investment funds. Take advantage of internship opportunities at one of the European institutions, at law firms with a global reach, at the “Big Four” consulting firms, at one of the country’s 140 banks or at innovative technology companies, such as SES, Amazon and many more.
Through our partnerships we offer opportunities to spend a semester abroad in the US, China, Russia, India, Brazil, Canada and all over Europe. This global reach is also reflected in our student body, which is cosmopolitan and multilingual, like Luxembourg itself.
Companies and law firms here seek highly qualified candidates. Upon graduation, you will have a competitive edge, having gained a bilingual degree in English and French (in most of our Masters). You may also wish to consider continuing your studies with one of our Doctoral programmes.
As a result of a competitive selection process, you will benefit from small class sizes and the high value we place on student-faculty interaction. Teaching staff includes professors from the University of Luxembourg, who have joined us from prestigious universities around the world and enjoy an excellent international reputation in their research areas, as well as practitioners, who hold strategic positions in their respective careers and bring their unique point of view and expertise to the classroom. We will offer you all the tools you need to enhance your potential and become globally trained professionals and critical thinkers. Join us and open up new horizons.
Welcome to the University of Luxembourg!
Stefan Braum
Dean of the Faculty of Law, Economics and Finance
*In November 2015, five Master programmes offered by the Faculty of Law, Economics and Finance were accredited by FIBAA, an internationally-recognised agency for quality assurance and quality development in higher education.
ABOUT THE FACULTY OF LAW,
ECONOMICS AND FINANCE
PARTNERS
The Faculty of Law, Economics and Finance (Faculté de Droit, d’Économie et de Finance – FDEF) at the University of Luxembourg offers a unique academic and research environment. The Faculty is surrounded by several European institutions based in Luxembourg, a vibrant international financial centre and a number of innovative industries, forming natural partners for the FDEF. These ties are supported by sponsored Chairs, privileged partnerships but also professionals from different fields teaching select courses on the Faculty’s academic, private and institutional programmes. The programmes are mostly bilingual (French and English), although a number of Master programmes are taught exclusively in English. Programmes are taught by 51 professors from 17 different countries. Students at FDEF represent 85 different nationalities and more than 40% of the University’s entire student body. The Faculty’s interna-tional profile is further strengthened by an extensive network of partnerships with over 25 leading univer-sities around the world.
The Faculty of Law, Economics and Finance includes three research units - the Research Unit in Law (RUL), the Centre for Research in Economics and Management (CREA) and the Luxembourg School of Finance (LSF) - as well as two Doctoral Schools. We offer 11 Master degrees, three Bachelor degrees and three professional programmes. In 2015 five of our Master programmes were accredited by the Foundation for International Business Administration Accreditation (FIBAA), a quality label for teaching. The Faculty over the course of the last few years has actively sought out partnerships with companies with a view to developing new and promising areas of research further through the participation and expertise of external experts. The FDEF has gained the support of ATOZ for a Chair in International and European Tax Law, that of SES for a Chair in Space, Satellite Communication and Media Law and that of Deutsche Bank for a Chair in Finance. The most recent addition is a Chair in Financial Law specialised in Inclusive Finance with the support of ADA. Among others, institutional partnerships have been estab-lished with the EIB, Max Planck Institute Luxembourg, LISER and STATEC.
Luxembourg Chamber of Commerce
Following on from the success of the establishment of the Luxembourg Business Academy asbl and the foundation of the Master in Entrepreneurship and Innovation, the Luxembourg Chamber of Commerce and the University of Luxembourg signed a four-year privileged partnership programme in 2014. The partnership is aimed at further developing Business Education within the University of Luxembourg based on research and development, educational programmes, knowledge transfer and exchange, and internships. The Chamber of Commerce and the Faculty of Law, Economics and Finance are both committed to enhancing student experience on existing programmes, supporting academic and professional exchange, as well as supporting research and teaching in Business Education, especially in the areas of entrepreneurship and innovation, business administration, accounting and audit, and other topics related to Luxembourg’s economic attractiveness. The Luxembourg Chamber of Commerce was first founded in 1841 and continues to defend the business interests of its members today.
ADA Chair
Specialised in inclusive finance, Luxembourg non-governmental organisation ADA in 2014 signed a memorandum of understanding with the Faculty of Law, Economics and Finance to fund the ADA Chair in Financial Law (Inclusive Finance). The Chair will contribute to teaching and research activities in the field of inclusive finance, with a view to giving the University of Luxembourg international visibility in this area. Annual conferences, publications and the launch of executive programmes in financial law relating to inclusive finance also form part of the cooperation. ADA stands under the patronage of Her Royal Highness the Grand Duchess Maria Teresa of Luxembourg, providing a range of sustainable banking products and financial services to poor populations, helping them finance their activities, save money, provide for their families and protect themselves from everyday life risks.
ATOZ Chair
Advisory company ATOZ and the Faculty of Law, Economics and Finance in July 2009 signed an agreement for the creation of a Chair for European and International Taxation. The ATOZ Chair aims to provide high quality teaching and research in the areas of international and European tax law, as well as connecting the Faculty with some of the challenges the Luxembourg economy is facing. Prof. Werner Haslehner in June 2015 was appointed the second ATOZ Chair, succeeding Prof. Alexander Rust. ATOZ is an independent Luxembourg-based advisory company offering a range of tax and corporate implementation services in sectors ranging from, but not limited to, private equity and real estate, venture capital, and consumer goods and services. • Master en Droit et Contentieux de l’Union Européenne (LL.M.)
• Master en Droit Bancaire et Financier Européen (LL.M.)
• Master in European Economic and Financial Criminal Law (LL.M.) • Master in European and International Tax Law (LL.M.)
• Master in European Private Law (LL.M.)
• Master in Space, Communication and Media Law (LL.M.) • Master in Economics and Finance
• Master in Entrepreneurship and Innovation • Master in Accounting and Audit
• Master of Science in Banking and Finance • Master in Wealth Management
Privileged partnership
Chairs funded by third parties
© www.gbefactor y.eu Private partnership Institutional partnerships
Deutsche Bank Chair
Deutsche Bank Luxembourg S.A. in September 2010 announced that it would fund the Deutsche Bank Chair at the Faculty of Law, Economics and Finance, in celebration of its 40-year anniversary in the country. Based at the Luxembourg School of Finance (LSF) the Chair specialises in research on banking and finance that finds application in the Luxembourg banking sector. Prof. Rajnish Mehra, world-renowned in the field of financial economics, in 2012 was appointed Deutsche Bank Chair of Finance. Deutsche Bank was the first German financial institution to arrive at the growing Luxembourg financial centre in 1970 and remains one of the country’s top banks today, offering services in areas as varied as private wealth management, international loans and agency services, treasury and global markets, and corporate services.
SES Chair
In 2010, the University of Luxembourg and global satellite operator SES S.A. entered into a partnership with the aim of developing Luxembourg as a centre of excellence and innovation for advanced Information Communications Technology in satellite systems. Prof. Mahulena Hofmann in September 2011 was appointed SES Chair in Space, Satellite Communication and Media Law at the Faculty of Law, Economics and Finance, which forms a key part of this collaboration, contributing to existing media law research by integrating space law and global telecommunications issues. Additionally, the Chair works with the University’s Interdisciplinary Centre for Security, Reliability and Trust (SnT). SES S.A. with its network of 56 geostationary satellites, teleports and offices around the globe, reaches around 99% of the world’s population, providing solutions to broadcast, telecom, corporate and government customers worldwide.
Clifford Chance
The Luxembourg branch of multinational law firm Clifford Chance supports the Faculty of Law, Economics and Finance through a generous annual contribution to finance the FDEF’s moot court teams. Moot courts allow law students to practice and train their research and advocacy skills by giving them a hypothetical case, with arguments presented to a panel of judges. Students from the Faculty of Law, Economics and Finance take part in a number of international moot court competi-tions every year, with great success so far. Clifford Chance opened its Luxembourg office in 2000 and today counts a team of 70 lawyers and eight partners, with particular strengths in the areas of M&A and corporate investment funds, regulatory, capital markets, finance and tax, but also offering services in real estate, employment, litigation and dispute resolution.
European Investment Bank
The European Investment Bank Group (EIB), which also includes the European Investment Fund, and the Faculty of Law, Economics and Finance cooperate in a number of areas, such as internships, teaching and research but also training of EIB staff, publications, and other professional collaborations and joint institutional initiatives. The mutually beneficial partnership helps both the EIB and the FDEF build on each other’s expertise and resources, profiting from each other’s proximity in the Luxembourg context. Founded in 1958, the EIB works towards implementing EU policy by providing finance and expertise for sound and sustainable investment projects. The European Investment Fund, specialised in SME risk finance, was established in 1994.
LISER
In October 2012, LISER (formerly CEPS) and the Faculty of Law, Economics and Finance agreed to cooperate on the development of PhD training. In particular, LISER agreed to host and supervise PhD candidates registered at the UL’s Doctoral School in Economics and Finance. When a PhD candidate is hosted by LISER, LISER’s researchers act either as a thesis co-supervisor or as a reference person. Through this joint development of PhD candidates, a wider collaboration of re-searchers of both institutions is encouraged. LISER is a Luxembourgish public research institute under the jurisdiction of the Ministry of Higher Education and Research. Its research focus lies in the field of social and economic policy including the spatial dimension.
STATEC
The cooperation agreement signed in December 2012 between STATEC and the Faculty of Law, Economics and Finance has the objective of promoting research studies related to the Luxembourg economy and its specificities. In particular, both parties agreed on cooperating on the training, hosting and supervision of PhD candidates. PhD candi-dates at the UL’s Doctoral School in Economics and Finance can be hosted by STATEC, with STATEC’s researchers acting either as a thesis co-supervisor or as a reference person. STATEC is the National Institute for Statistic and Economic Studies of Luxembourg. It coordinates the statistic system of Luxembourg. STATEC aims at producing statistical data, analysis and studies giving a detailed, reliable and objective picture of Luxembourg society.
MPI Luxembourg
The collaboration between the Max Planck Institute (MPI) and the Faculty of Law, Economics and Finance (FDEF) started in 2012, the year the Institute was established in Luxembourg. The collaboration came naturally as both institutions aim at creating a lively and attractive environment for research and teaching, and more specifically for law. To reach this common goal,
MPI and FDEF created links through exchange of expertise and knowledge, and by working together on research projects and teaching. Among other activities, they work together on supporting young academics in law to help foster the next generation of researchers. For example, PhD candidates at MPI are encouraged to enroll at the FDEF’s Doctoral School of Law. The Max Planck Institute Luxembourg for International, European and Regulatory Procedural Law started its work in autumn 2012. This Institute is the first Max Planck Institute on legal matters outside of Germany.
• Master en Droit et Contentieux de l’Union Européenne (LL.M.) • Master en Droit Bancaire et Financier Européen (LL.M.)
• Master in European Economic and Financial Criminal Law (LL.M.) • Master in European and International Tax Law (LL.M.)
• Master in European Private Law (LL.M.)
• Master in Space, Communication and Media Law (LL.M.)
• All LL.M. programmes are oriented towards European law, with a common first year and a highly specialised second year. Enter into the first year (M1) to start your LL.M. studies at the University of Luxembourg or enter directly into the second year (M2) to complete your LL.M. degree.
• The University of Luxembourg offers a unique multilingual and multicultural approach.
• All LL.M. programmes are taught in French and English, with opportunities for students to acquire professional language skills and a competitive advantage in a globalised working environment. • Luxembourg is the seat of major European Union institutions, such as the Court of Justice of the
European Union and the European Investment Bank, as well as a leading financial centre in Europe. • Small class sizes ensure practical and personalised teaching by distinguished academic staff of the
Research Unit in Law, supported by judges, legal practitioners and other professionals from the field. • LL.M. students can take part in international moot court competitions to gain practical experience
and recognition. Clinical teaching is integrated into some of the programmes.
• Students have the possibility to study a semester abroad at one of our partner schools, for example in the US, Canada, Russia, Brazil, China and India.
• Numerous internship opportunities are offered through our programmes, as well as excellent career paths in Luxembourg.
• Programmes are modularised, allowing incoming exchange students to shape their learning agreement by combining select courses from different Master programmes.
LL.M. STUDIES AT THE UNIVERSITY
OF LUXEMBOURG
6 outstanding LL.M. specialisations
Why study for an LL.M. at the University of Luxembourg?
You will find our graduates working in European institutions, national governments, banking and finance institutions, as members of the judiciary or in law firms.
Enter into the first year (M1):
All LL.M. programmes share a common first year. Applicants who have successfully completed three years of studies amounting to 180 ECTS (typically a Bachelor in Law or equivalent studies) are eligible to apply for the common first year. The programme of the first year (semesters one and two) offers a solid common basis in European and international law. Among the courses offered in semester one, six courses correspond to the second year LL.M. specialisations. Students are required to choose their second year specialisation at the end of semester one. The choice between the optional seminars of semester two will be guided by the study directors of the second year. In order to be admitted to the second year students need to have completed the first year (M1 / 60ECTS).
Enter into the second year (M2):
Students can enter directly into the second year of an LL.M. programme (M2) with the goal of obtaining an LL.M. degree. This requires the successful completion of four years of studies amounting to 240 ECTS, typically by having obtained a Master degree in law or equivalent studies including courses in European law. Students will be admitted upon decision of an admissions committee.
Career opportunities
Structure of studies
LL.M. Listing in Financial Times Innovative Law Schools Report since 2011 Since 2011, the Financial Times (FT) features the University of Luxembourg and its LL.M. programmes in the annual edition of the famous FT Innovative Law Schools report.
The Master 1 • Explores all six specialisations offered in the second year, • Includes advance classes on institutional and substantive EU law, • Offers specialised seminars on specific aspects of EU law,
• Highlights the international and transnational context of European law, • Takes a global approach to today’s challenges for European law.
The curriculum consists of general and specialised mandatory classes and is complemented by elective seminars. The classes are grouped in the following modules:
• Fundamentals of EU Law
• Competition and internal market law • Specialisations in European law • International and transnational context
• International and European human rights protection • Current issues of European and international law Duration 2 semesters / 60 ECTS
Upon completion of the first year of the Master (M1), students will have the necessary prerequisites to enrol in one of the six specialisations offered in the second year. Students choose their specialisation at the end of the first semester, following completion of six mandatory courses covering the six LL.M. programmes available.
Teaching languages The programme is taught bilingually in French and English, reflecting the international and multilingual nature of Luxembourg and its University.
Moot court competitions During their studies, students are strongly encouraged to participate in international moot court competitions as an alternative to one course per module.
Enrolments 50 for the M1 Tuition fee 200 € / semester
Entry requirements Bachelor or “Licence“ in Law or a similar degree equivalent to 3 years of studies (180 ECTS). Selection by a scientific committee on the basis of the application dossier.
Course director AssociateProf. Silvia Allegrezza First year European Law
silvia.allegrezza@uni.lu
Web www.llm-m1.uni.lu Contact Diana Florina Avram
T. + 352 / 46 66 44-5561 // llm-m1@uni.lu
LL.M. PROGRAMMES – FIRST YEAR
A joint first year for all six programmes
The first year offers a solid basis in European law and prepares students for the different specialisations offered in the second year of LL.M. studies (M2).
Detailed information on each specialisation (M2) follows on the next pages.
Degree Master en Droit et Contentieux de l’Union Européenne LL.M. (Académique) Duration 1 year LL.M. programme (total of 2 semesters / 60 ECTS):
and entry requirements Students applying for the Master en Droit et Contentieux de l’Union Européenne can enter directly into the second year of the Master programme (M2) with the goal of obtaining an LL.M. degree. This requires the successful completion of four years of studies amounting to 240 ECTS, typically by having obtained a Master degree in law or equivalent studies including courses in European law. Students will be admitted upon decision of an admissions committee.
Teaching language English and French
Career opportunities Students will be prepared for employment opportunities at the European institutions, national administrations, law firms and the private sector. The Master en Droit et Contentieux de l’Union Européenne also provides a springboard for further academic studies at PhD-level.
Tuition fee 200€ / semester Course director Prof. Eleftheria Neframi
eleftheria.neframi@uni.lu DeputyCourse director Prof. Herwig Hofmann
herwig.hofmann@uni.lu Web www.llm-contentieux.uni.lu Contact Diana Florina Avram
T. + 352 / 46 66 44-5561 // llm-contentieux@uni.lu
MASTER EN DROIT ET
CONTENTIEUX DE L’UNION
EUROPÉENNE (LL.M.)
The Master is designed to equip students with in-depth knowledge and experience of substantive, institutional and procedural law of the European Union.
The programme is based on a method of active learning through critical analysis of case-law combined with study of EU procedural law. It covers:
• the analysis of a wide spectrum of EU law, European constitutional, administrative and regulatory law, especially European economic law and the law related to the internal market, as well as specific matters of EU law, such as employment, immigration or external relations law,
• in-depth study of specific procedural rules and remedies,
• the analysis of the role of the national judge and the relationship between the Court of Justice of the European Union and the international judge.
This Master benefits from the proximity of EU institutions and bodies, namely the Court of Justice of the European Union, as well as services of the European Parliament and the European Commission but also the European Free Trade Association (EFTA) Court, and the European Investment Bank. Judges, legal secretaries and practitioners are involved in teaching and highly interesting opportunities for internships are offered.
Degree LL.M. in European Economic and Financial Criminal Law (Académique) Duration 1 year LL.M. programme (total of 2 semesters / 60 ECTS):
and entry requirements Students applying for the Master in European Economic and Financial Criminal Law (LL.M.) can enter directly into the second year of the Master programme (M2) with the goal of obtaining an LL.M. degree. This requires the successful completion of four years of studies amounting to 240 ECTS, typically by having obtained a Master degree in law or equivalent studies including courses in European law. Students will be admitted upon decision of an admissions committee.
Teaching language English and French
Career opportunities This LL.M. provides students with a competitive edge to successfully enter the rapidly expanding field of European economic and financial criminal law in Luxembourg or abroad, for example as a compliance expert, white-collar crime lawyer or EU official. Moreover, the programme can also be a springboard for further academic studies at PhD-level.
Tuition fee 200€ / semester Course director Prof. Katalin Ligeti
katalin.ligeti@uni.lu Contact Nadège Meyer-Hamy
T. + 352 / 46 66 44-6226 // llm-criminal@uni.lu Web www.llm-criminal.uni.lu
MASTER IN EUROPEAN ECONOMIC
AND FINANCIAL CRIMINAL LAW
(LL.M.)
The programme offers students a unique opportunity to explore the fast-growing field of European criminal law with a special emphasis on economic and financial criminal law.
The programme consists of six successive modules, providing students with an in-depth view into several key aspects of European criminal law, comprising the following areas of European criminal law:
• regulation and enforcement within the EU, • European criminal law and criminal procedure, • corporate criminal law and compliance,
• judicial cooperation and the European law enforcement agencies.
In the second semester, each student prepares a Master thesis and participates in an internship, through which he or she will have an opportunity to further expand his or her skills by applying the acquired knowledge to real-life situations.
Courses are taught by leading scholars and practitioners, including judges from the Court of Justice of the EU (CJEU), EU officials, and partners of leading law firms.
Degree Master en Bancaire et Financier Européen (LL.M.) (Académique) Duration 1 year LL.M. programme (total of 2 semesters / 60 ECTS):
and entry requirements Students applying for the Master en Droit Bancaire et Financier Européen can enter directly into the second year of the Master programme (M2) with the goal of obtaining an LL.M. degree. This requires the successful completion of four years of studies amounting to 240 ECTS, typically by having obtained a Master degree in law or equivalent studies including courses in European law. Students will be admitted upon decision of an admissions committee.
Teaching language English and French
Career opportunities Graduates from the Master en Droit Bancaire et Financier Européen can pursue employment in legal careers in the banking and financial sector (banks, financial service providers, regulatory bodies, etc.), the insurance sector or the fund industry. They can also find employment in law firms, European banking and financial institutions or national administrations. The Master en Droit Bancaire et Financier Européen also allows students fulfilling the required conditions to continue their studies at PhD level.
Tuition fee 200€ / semester Course director Prof. Isabelle Riassetto
isabelle.riassetto@uni.lu Contact Rebecca Ferlini
T. + 352 / 46 66 44-6487 // llm-banking@uni.lu
MASTER EN DROIT BANCAIRE
ET FINANCIER EUROPÉEN (LL.M.)
The Master en Droit Bancaire et Financier Européen is one of the premier programmes in this field offered in continental Europe.
It focuses on the study of three essential pillars – banking law, securities and capital markets law, and investment funds law – in the framework of European Union law, Luxembourg law and comparative law. The teaching team includes academics and renowned practitioners, specialised in banking and financial law. Making use of modern and interactive teaching methods, blending individual study and team work, the programme combines the acquisition of basic concepts in the first semester and their practical application in the second semester through case-based learning developed by practitioners.
The first semester of the M2 is joint for all students in this specialisation, allowing students to obtain and master the basics of the three pillars of European banking and financial law. In the second semester, the M2 is split into two tracks. The general track aims to deepen and put into practice acquired knowledge, in particular in Luxembourg law and in comparative banking and financial law. The investment fund track offers students further specialisation in this field through the in-depth study of Luxembourg investment funds law, the different types of investment funds, but also a number of specific aspects (taxation, criminal law, rules of conduct etc.), and insights into comparative investment fund law and portfolio management.
Degree LL.M. in European and International Tax Law (Académique) Duration 1 year LL.M. programme (total of 2 semesters / 60 ECTS):
and entry requirements Students applying for the Master in European and International Tax Law can enter directly into
the second year of the Master programme (M2) with the goal of obtaining an LL.M. degree. This requires the successful completion of four years of studies amounting to 240 ECTS, typically by having obtained a Master degree in law or equivalent studies including courses in European law and tax law. Students will be admitted upon decision of an admissions committee.
Teaching language English and French
Career opportunities Students will be prepared for employment opportunities in the legal tax and advisory sector, financial or law firms, national administrations, and European and international institutions. The Master in European and International Tax Law also provides a springboard for further academic studies at PhD-level.
Tuition fee 200€ / semester Course director Prof. Werner Haslehner
ATOZ Chair for European and International Taxation T. + 352 / 46 66 44-5403
werner.haslehner@uni.lu Contact Laurence Jouvenaux
T. + 352 / 46 66 44-6368 // llm-tax@uni.lu Web www.llm-tax.uni.lu
MASTER IN EUROPEAN AND
INTERNATIONAL TAX LAW (LL.M.)
This highly-specialised LL.M. prepares graduates to become leaders in their respective areas of tax expertise – be that in a private law practice or accounting firm, in government administration, in the judiciary, or in academia.
Students will be prepared to master the general principles of tax law in order to be able to work with new or unfamiliar legal rules, and to successfully recognise issues arising in new taxing jurisdictions, in this ever-changing field.
Additionally, students will learn to make use of the extensive Luxembourg tax treaty network and gain first-hand exposure to real tax issues and the jurisprudence of the Court of Justice of the European Union. This programme puts a particular emphasis on the interaction of tax treaty law with domestic tax law, as well as the effects of primary and secondary EU law on domestic tax rules.
During the course, students work on several case studies under the supervision of leading tax law firms and participate in research projects organised by the ATOZ Chair for European and International Taxation.
Degree LL.M. in European Private Law (Académique)
Duration 1 year LL.M. programme (total of 2 semesters / 60 ECTS):
and entry requirements Students applying for the Master in European Private Law can enter directly into the second year of the Master programme (M2) with the goal of obtaining an LL.M. degree. This requires the successful completion of four years of studies amounting to 240 ECTS, typically by having obtained a Master degree in law or equivalent studies including courses in European law. Students will be admitted upon decision of an admissions committee
Teaching language English and French
Career opportunities Students will be prepared for employment opportunities in national administrations, the European institutions, law firms, the judiciary, banks and financial institutions, or as notaries. The Master in European Private Law also provides a springboard for further academic studies at PhD-level. Tuition fee 200€ / semester
Course director Prof. Elise Poillot elise.poillot@uni.lu Contact Rebecca Ferlini
T. + 352 / 46 66 44-6487 // llm-private-law@uni.lu Web www.llm-private-law.uni.lu
MASTER IN EUROPEAN
PRIVATE LAW (LL.M.)
The Master in European Private Law is among the most innovative Master programmes in EU law. It focuses on the Europeanisation of private law sectors, covering key issues and allowing students to understand how national legislation on private law will evolve in the future.
The first semester is devoted to deepening the understanding of European integration and the interaction between EU law and national legal systems, followed by classes on the areas of private law that have been deeply Europeanised (company, labour, intellectual property, and banking and financial law). The second semester is dedicated to legal areas where the influence of European law is indirect but vivid (contract and tort law, law of family and persons, and procedural law).
Students are trained to evaluate legal issues in a unique way, encouraging analysis that goes beyond national jurisdictions in order to draw upon European legal sources, and to propose more innovative solutions. Private law is explored through case methods combined with a presentation of the relevant legal provisions. The programme mixes theoretical and practical approaches with students taught how to write memoranda and critical reviews of legislative documents and scholarly doctrines, as well as how to organise various legal events.
Students can further deepen their practical experience through monthly workshops with practitioners, a mandatory internship and by benefitting from the clinical programme offered by the Faculty of Law, Economics and Finance – the Consumer Law Clinic – where they meet real clients with real problems.
Degree LL.M. in Space, SatCom and Media Law (Académique) Duration 1 year LL.M. programme (total of 2 semesters / 60 ECTS):
and entry requirements Students applying for the Master in Space, Communication and Media Law can enter directly into the second year of the Master programme (M2) with the goal of obtaining an LL.M. in Space, SatCom and Media Law. This requires the successful completion of four years of studies amounting to 240 ECTS, typically by having obtained a Master degree in law or equivalent studies including courses in European and/or public international law. Students will be admitted upon decision of an admissions committee. Teaching language English and French
Career opportunities Opportunities for professional development are plenty: whether in the private, public/sector or in academia. The Master in Space, Communication and Media Law is an ideal choice for law graduates, lawyers and even engineers and IT specialists, seeking to equip themselves with the skills and knowledge to formulate and apply law in the digital society and in relation to space, satellite communications issues. The vast majority of our graduates finds employment directly after completing after the Master: Some choose to pursue a PhD, or continue with a bar exam course, others may seek for interesting opportunities by specialised companies with their seat in Luxembourg such as SES, Amazon or in law firms or organizations not only in Luxembourg, but in other European countries as well as the United States. There is also a demand for specialised lawyers in governmental and international organisations with this background.
Tuition fee 200€ / semester Course director Prof. Mark Cole
mark.cole@uni.lu Deputy course director Prof. Mahulena Hofmann
mahulena.hofmann@uni.lu Web llm-space-media.uni.lu
www.satcomlaw.lu
MASTER IN SPACE, COMMUNICATION
AND MEDIA LAW (LL.M.)
The Master in Space, Communication and Media Law combines a range of courses on space law, communication law, media law, e-commerce law and intellectual property law. It covers these areas on international, European and national level.
Over the course of the programme, students acquire complete expertise in the regulatory aspects of space, communication, ICT and media law within an exciting and rapidly developing field, reacting to the increased digitalisation of business and private life.
The programme equips students with essential theoretical, practical and analytical skills to excel in the fast-paced legal world of a continuously evolving field. It provides ample opportunities for development in the public and private sector, as well as in academia.
International academic partnerships, cooperation with partners in the private and public sector and teaching by academics and practitioners, from within and outside of Luxembourg ensure a vibrant exchange, as well as relevant experience for students, both in class, visits and internships.
MASTER IN ECONOMICS
AND FINANCE
This Master’s programme targets students wishing to obtain a comprehensive and sound education in economics and finance. The programme emphasises the complementary nature of economic and financial theory, quantitative methods, and their applications to policy questions in economics, finance, and business.
The goal is to familiarise students with the tools and findings established and used in modern applied research.
This is a four-semester programme for full-time students. The first year of courses focuses on core topics in economics and finance. For their second year, students may choose between a traditional track and a research track. The former includes the option of an internship whereas the latter requires a Master thesis.
Degree Master - Traditional Track (Professionnel) or
Master - Research Track (Académique) Duration 24 months (full-time)
Teaching languages First year and Traditional Track : French, English Research Track : English
Enrolments Traditional Track : 30 Research Track : 20 Tuition fee 200 € / semester
Entry requirements Completed 3-year studies (Bachelor / 180 ECTS) in economics, business and management, applied mathematics or equivalent. Applicants with completed 4-year studies (Master / 240 ECTS)
may be directly admitted to the second year. Students are selected on the basis of their application dossier.
Course directors Associate Prof. Jean-Daniel Guigou Traditional Track
jean-daniel.guigou@uni.lu Contact Laurence Jouvenaux
fdef-mef@uni.lu T. + 352 / 46 66 44-6490 Web www.mef.uni.lu
Prof. Andreas Irmen Research Track andreas.irmen@uni.lu Associate Prof. Benteng Zou
Traditional Track benteng.zou@uni.lu
MASTER IN ENTREPRENEURSHIP
AND INNOVATION
Entrepreneurship has become an increasingly popular activity that can be evidenced in different spheres of the economy and society. More commonly, entrepreneurial behaviours are associated with new start-up ventures where risk, ownership and management are combined to exploit new market or technological opportunities. The programme is of interest for those:
• Wishing to develop their entrepreneurial/innovation skills and knowledge • Intending to start a business and wanting to learn the tricks of business
• Seeking exposure to the infrastructure for entrepreneurship, internships and job opportunities that Luxembourg has to offer
The programme is a two-year full-time Master’s degree, which is targeted at: • Bachelor graduates in any discipline from
Luxembourg and the Greater Region • Graduates from Europe in any discipline
• Graduates and young professionals from outside Europe
• Professionals or other practitioners What should you expect to learn?
• Extend knowledge and understanding of the foundational principles of new venture creation and business start up in different societal contexts (social, corporate, ‘for profit’ etc.).
• Develop critical, analytical and problem-solving skills. How to recognise, analyse and offer solutions to innovation, entrepreneurial and strategic management issues in different organisational settings, using appropriate conceptual tools and theoretical frameworks.
• Enable the ability to understand the components of a business plan and to appreciate different business and financial models as well as constructing a detailed financial and marketing plan. • Advance employability skills in team working, presentation and leadership as well as facilitating
inter-cultural communication. How to convey ideas, express one’s creativity and synthesise thinking/ knowledge both verbally and in written format.
• Provide an understanding of the local regulatory, tax and legal issues involved when starting a new venture and access to a wide set of business networks in Luxembourg economy.
Degree Master professionnel Duration 4 semesters / 120 ECTS Teaching languages English
Enrolments 25
Tuition fee Year 1: 5000 € / Year 2: 3000 €
Entry requirements Completed 4-year studies (Master / 240 ECTS) in political or business economics, engineering or natural sciences, law, sociology etc.. Students with a Bachelor degree (180 ECTS) as well as with 3 years of professional experience may also apply. An excellent level in English is a prerequisite (minimum score of 7 in the IELTS). Students are selected on the basis of their college achievements.
For more information on the requirements, please check the webpage: http://wwwen.uni.lu/formations/ fdef/master_in_entrepreneurship_and_innovation_professionnel/enrolment
Course director Prof. Denise Fletcher
denise.fletcher@uni.lu
Contact Mélanie Winter
fdef-mei@uni.lu // T. + 352 / 46 66 44-6325 Web www.mei.uni.lu
MASTER IN ACCOUNTING
AND AUDIT
This Master’s degree course targets students who aim at pursuing a career in research in the field of accounting and auditing. It is also suitable for students who want to work in the field of finance or accounting or in the financial management of companies, or who wish to acquire the professional qualification of réviseur d’entreprises or become auditors in another EU member state. The Master offers not only practice-based training but also in-depth theoretical knowledge of the areas relevant to accounting and auditing practice in order to allow students to solve practical problems on a scientifically sound basis.
Contemporary teaching and learning arrangements are applied, which increasingly replace “traditional” front-of-class teaching. The course does therefore not stop at pure knowledge transfer but promotes independent problem solving, reflection, evaluation, analysis and the synthesis of specialist areas. Individual and high-quality support of students by lecturers is very important in this course. This is partly ensured by the low intake number of students.
Degree Master académique Duration 4 semesters / 120 ECTS Teaching languages English
Enrolments 25
Tuition fee 1 600 € / semester
Entry requirements First degree qualifying for working in the field of business studies, economics, law, and mathematics (e.g. Bachelor, diploma or Staatsexamen) corresponding to a minimum of 180 ECTS or completed equivalent, recognised level of education corresponding to a minimum of 180 ECTS.
Course director Prof. Anke Müßig anke.muessig@uni.lu Contact Dunja Auger
fdef-maa@uni.lu // T. + 352 / 46 66 44-5679 Web www.maa.uni.lu
MASTER OF SCIENCE
IN BANKING AND FINANCE
This Master programme is the centrepiece of the Faculty of Law, Economics and Finance’s Luxembourg School of Finance (LSF). Close to the financial centre and the EU institutions in Luxembourg-Kirchberg, students are prepared to assume the challenges of a profession in banking and finance.
Contrary to MBA degrees that train generalists for global management, the educational philosophy of the LSF is to further conceptualised expertise linked to this particular sector. The programme pursues a balanced approach to business education, linking theory to real world business through teaching and research that are innovative, rigorous and relevant to career-long learning.
The LSF is based on a worldwide network and counts internationally renowned financial experts as lecturers (e.g. from the INSEAD-Business School in Fontainebleau). Furthermore, students will follow a five-day tailor-made programme at the New York University Stern School of Business.
Degree Master of Science (M.Sc.)
Duration 12 months (full-time) or 24 months (part-time) Teaching languages English
Enrolments 30 full-time and 30 part-time Tuition fee 17 500 € for the entire programme
Entry requirements Completed 4-year (240 ECTS) or 3-year studies (Bachelor / 180 ECTS with 3 years professional experience) in economics, finance or related areas. Students are selected on the basis of their application and an interview.
Course director Prof. Christian Wolff christian.wolff@uni.lu Contact Christine Klein
fdef-mbf@uni.lu // T. + 352 / 46 66 44-6460 Web www.mbf.uni.lu
MASTER IN WEALTH
MANAGEMENT
The Master in Wealth Management (MWM) at the University of Luxembourg provides well-trained future employees of banks, for which there is a continual demand. The curriculum of the MWM is unique in the world, as it combines pure finance courses with law, tax and communication courses, so as to perfectly cover the skill and knowledge set of successful wealth managers.
The curriculum has been developed by the Luxembourg School of Finance in cooperation with the Private Banking Group Luxembourg (PBGL). Teaching in the MWM programme is participative and practice-oriented. Academic staff include professors from the Faculty of Law, Economics and Finance at the University of Luxembourg and visiting academics from universities abroad. For all courses practitioners are drawn from the PBGL group to elaborate on the practical significance of the material learned. Each student will be assigned an academic supervisor and an industry mentor, with whom he or she will have periodic meetings. Wealth managers can work for private companies, trusts, foundations or family offices, or can be independent advisors. At the end of their studies in Luxembourg, all full and part-time students spend an academic week in residence at Singapore Management University.
Degree Master professionnel
Duration 2 semesters (full time) / 60 ECTS or 4 semesters (part time)/ 60 ECTS Teaching languages English
Enrolments 30
Tuition fee 17 500 € for the entire programme
Entry requirements Open to students who have completed a 4-year Bachelor’s degree (240 ECTS) or a 3-year Bachelor’s degree (180 ECTS) with 3 years’ professional experience. Students are selected on the basis of their application and interview.
Course director Associate Prof. Jos Van Bommel
jos.vanbommel@uni.lu
T. + 352 / 46 66 44-6825 Contact Angèle Augustine Ndeye
fdef-mwm@uni.lu // T. + 352 / 46 66 44-5735 Web www.mwm.uni.lu
The research of the Faculty covers the areas representing its disciplines : law, economics, management and finance.
The general ambition of the Research Unit in Law (RUL) is to position itself as a centre of excellence bringing together a team with truly transnational abilities, experiences, reach and outlook, which develops its research activities in European law, economic and business law, as well as Luxembourg law. The Research Unit in Law uses this innovative approach to research also as a guiding approach, offering modern, original and well developed teaching programmes.
www.uni.lu/research/fdef/law
The Centre for Research in Economics and Management (CREA) focuses on economic integration issues. It studies the determinants of economic performance at the level of the company, the nation and the global economy by focusing on the major links between regional development, economic integration, environment policies and international finance and their impact on growth, employment and wellbeing, with a particular, but not exclusive, look on small open economies like Luxembourg’s.
www.uni.lu/recherche/fdef/crea
In finance and banking, the Luxembourg School of Finance (LSF) conducts its own research and participates in research projects in partnership with private and public institutions from the financial centre of Luxembourg and elsewhere, and with other universities. Current research areas are asset pricing and quantitative finance, corporate finance, behavioural finance, micro-finance, risk management and financial governance.
www.lsf.lu
OUR RESEARCH
The Research Unit in Law
The Centre for Research in Economics and Management
The Luxembourg School of Finance
The Grand Duchy of Luxembourg lies in the heart of the most dynamic economic region of Western Europe and is considered one of the leading financial centres worldwide. Around 140 established banks and financial institutions are looking for highly qualified experts, able to take into account the changing market and put their knowhow to the service of international customers. The Faculty of Law, Economics and Finance at the University of Luxembourg seeks to foster these competences. Future financial and law experts will find all the characteristics of a promising education here:
LUXEMBOURG – CENTRE
OF FINANCE AND EXPERTISE
• Experienced professors from the University of Luxembourg and guest lecturers from top universities in Europe and around the world
• Conferences and lectures offered by professionals in the relevant fields • Modern interdisciplinary teaching methods
• Small working groups and close contact to professors • High-quality technical and scientific equipment
• Programmes taught in two languages or only in English, in a multicultural atmosphere • Postgraduates’ mentoring
• Close to the international financial centre and a dynamic job market
• The Court of Justice of the European Union, the European Investment Bank, the European Court of Auditors and other EU institutions are in direct vicinity
THE UNIVERSITY OF LUXEMBOURG
AT A GLANCE
Founded in 2003, the University of Luxembourg is the first and only university of the Grand Duchy of Luxembourg.
Multilingual, international and research-oriented, it is also a modern institution with a personal touch.
At the University of Luxembourg, students and staff come from all over the world. You will study together
with people from over 110 different countries.
SERVICES FOR STUDENTS
Student accommodation
The University provides accommodation in different areas of Luxembourg City, Esch-sur-Alzette, Walferdange, Noertzange, and Belval. The rooms at the halls of residence are single furnished rooms with an average size of 14 m2.
seve.logement@uni.lu
Sports, arts and culture
“Espace Cultures” organises and coordinates a broad range of cultural events at the University. If you are interested in cultural activities, you can join the University Choir, the University Chamber Music Ensemble, the theatre group “Edudrame” or the creative dance group “Dance Cluster”.
“Espace Cultures” offers European and transatlantic project collaborations, concerts, guided sightseeing tours, study trips and exhibitions. You can even get free entrance for a number of cultural events.
“Campus Art” invites you to discover your own creativity. During the art workshops, you can explore different painting techniques, experimenting with light projections or create your own art works out of clay. There are no limits to your imagination!
“Campus Sports” organises a broad range of sport activities for students: you can take fitness classes, play football, work out at the gym, do some indoor climbing or yoga.
The University of Luxembourg also has its own football team.
Language courses
Multilingual teaching is a key asset of our University. The majority of our degrees are taught in at least two languages. To help you prepare, the University offers language courses in
Luxembourgish, German, French and English at the start of each winter semester.
LIFE IN LUXEMBOURG
Five reasons to study in the Grand Duchy of Luxembourg
A European crossroad:
• situated between France, Belgium and Germany • one of the European Union’s capitals
• home to a number of European Institutions A multicultural and trilingual country: • around 563 000 inhabitants
• great population diversity with 45.9% foreigners from about 170 countries
• official languages: Luxembourgish, French, German An attractive employment market:
• an international financial centre
• a modern economy with global industrial companies and international enterprises
A great offer of culture, leisure and sports:
• a variety of theatre plays in different languages, music, cinema, museums, festivals, events
• numerous outdoor sports opportunities like mountain bike trails, hiking, rock climbing, sailing, water skiing, etc. as well as indoor facilities such as aquatic centres
• many cafes, bars, clubs, pubs and discos, mainly located in the Hollerich area, the old city centre and the Rives de Clausen Luxembourg’s tourist charm:
• a picturesque historic city – UNESCO World heritage site • “Luxembourg’s Little Switzerland”
• the Ardennes castles • the Moselle Valley.
COME AND VISIT US!
The University of Luxembourg each spring organises its annual Open Day where you can meet students and staff. You can take a campus tour or visit one of our many information sessions on our degrees which take place throughout the day.
Visit our website www.uni.lu for detailed information .
THE UNIVERSITY IN FIGURES*
Ranked 193 worldwide in the Times Higher Education (THE) World University Ranking 2015 • 6172 students
› 3080 international students › 3043 undergraduate students › 1408 postgraduate students (Master) › 1204 other students
› 613 PhD students • 115 nationalities (students) • 1602 employees
• 858 adjunct teaching staff • 63 degree programmes • 11 research units • 3 faculties
• 2 interdisciplinary centres
LUXEMBOURG AT A GLANCE
• Official name: Grand-Duché de Luxembourg
• Official languages: Luxembourgish, French and German • Form of government: Constitutional monarchy under the system of parliamentary democracy
• Capital: Luxembourg City • Cities and towns: 116
• Largest cities: Luxembourg City, Esch-sur-Alzette, Differdange • Territory: 2,586 sq. km
• Maximum dimensions: 82 km from north to south and 57 km from east to west
• Highest elevation: 560 m (Wilwerdange)
• Total population: 563 000 (2014 figures, source: STATEC) • Foreign residents: 45,9 percent (2015 figures, source: STATEC) • Largest foreign communities: Portuguese, French, Italians,
University of Luxembourg
Multilingual. Personalised. Connected.
CONTACT
University of LuxembourgFaculty of Law, Economics and Finance Campus Kirchberg
Weicker Building 4, rue Alphonse Weicker www.uni.lu/fdef
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Service des Études et de la Vie Étudiante (SEVE) Campus Belval 2, avenue de l’Université L-4365 Esch-sur-Alzette T. + 352 / 46 66 44-6060 seve.infos@uni.lu — To apply go to www.uni.lu
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