OsgoodePD’s Professional LLM program is a graduate program in law designed specifically for working professionals. Each of our distinct specializations focuses on interdisciplinary learning and provides you with a unique mix of academic, applied, and theoretical perspectives.  You will learn through interactive discussions and explore practical issues related to your specialization. You’ll have access to a wide range of elective options to broaden your legal knowledge or explore new areas related to your professional interests.  

The Financial Law specialization offers an in-depth examination of the legal and policy frameworks of Canadian and international banking and financial services law. Required courses address financial, banking, bankruptcy, and insolvency law. You will explore and be challenged by complex legal problems facing the industry.  The courses will be taught by a diverse range of academics, professionals, and industry leaders, all of whom are experts in their areas of teaching and practice. 

Who is the Specialization for?

Lawyers and legal professionals in the banking and financial services sector, including in-house counsel at financial institutions (i.e. banks, credit unions), government lawyers in the financial services regulatory area, and lawyers in private practice 

Senior professionals who do not have a law degree but have more than five years of professional experience in the financial services industry, particularly those in roles related to compliance and legal risk who wish to add a strong advanced foundation in banking and financial services law to their professional profile 

Lawyers or law graduates with legal work experience who have a strong demonstrated interest in financial law and wish to establish a practice in this area of specialization 

Student Services

All Professional LLM students can benefit from our wide range of student services:

Academic Services

Program Orientation

Introductory Courses

Workshops & Resources

Confidential Academic and Wellness Counselling

Career Support

Job Postings

Resources/Guides

Workshops & Events

Counselling

Campus Life

Student Social Activities

Osgoode & York U Extra Curriculars

Professional Networking Events

All of our academic and career development services are available remotely, and counselling hours have varied schedules to suit the needs of part-time students.

Attend an upcoming information session

Online Info Session
Part-Time Professional LLM

Oct 26 5:30 pm (ET)

Online Info Session
Part-Time Professional LLM

Dec 14 11:00 am (ET)

Course Requirements

The Professional LLM in Financial Law requires completion of  36 credits including a research requirement.  The program is designed to be completed in two years (six active terms) through a combination of required courses, related electives and up to 6 credits of outside electives. 

What you can expect

The program is designed to be completed in two years (six active terms) by completing 6 credits (one or two courses) per term.  

Many of the courses in the Financial Law specialization are scheduled as weekly evening courses (typically in 7-10PM sessions). However, you will encounter intensive courses as well (typically Thursday evening, all-day Friday and all-day Saturday).   

In your first term of admission, you may be assigned a course as a condition of your admission. Admission condition courses count towards your degree requirements. Students with the following profiles usually have required introductory courses: 

Required Courses

Required courses typically offered once every two years. Students must complete required courses in their first and second term of the program before they can move on to elective courses: 

BFSL 6800 – Introduction to Financial Law* (3 credits) – Fall (first term of cohort) 

BFSL 6914 – Advanced Banking Law (3 credits) – Fall (first term of cohort) 


*Mandatory for non-LLB/JD students only

BFSL 6901 – Advanced Bankruptcy and Insolvency Law (3 credits) – Winter (second term of cohort) 

Elective Courses

Elective course offerings vary from term to term. Some options include Insurance Regulation, Banking Documentation, and Enterprise Risk Management. To see course offerings for upcoming terms, review the Course Planning information below. 

You must complete at least 30 credits in total from Financial Law courses. Up to 6 credits may be drawn from courses in unrelated specializations, so long as you have any required prerequisite knowledge for those courses. 

Research Requirement

The research requirement can be fulfilled through one of the following three options. Most students elect to fulfill the requirement through option 3: 

  1. A Major Research Paper (70 pages, 6 Credits) 
  2. An Independent Significant Research Paper (30 pages, 3 Credits) 
  3. A Significant Research Paper (30 pages) completed as the means of assessment for one of the courses within the specialization. 

Course planning

Courses are not available every term, so proper course planning is advised. A full course-load is considered to be 12 credits per term. A full-time degree is typically 3 terms.

This tool is for planning purposes only. Selecting courses using this tool does not enroll you in the course or reserve a space in the course for you.

Application Dates

The Financial Law specialization is a cohort program that accepts new students once every other calendar year, in the Fall term. 

Fall 2022

Application Deadlines:

International Applicants are Encouraged to Apply by: January 15, 2022

Final Deadline: May 1, 2022

Faculty

Program director

Stephanie Ben-Ishai

Instructors include

Barbara Billingsley

Craig R. Carter

Stephanie Robinson

See full faculty list

Tuition and Fees

Part-time students pay in six installments over six active terms. 

You will be billed an installment for each term in which you enroll in courses.  If you complete the program in fewer than six terms, you’ll be billed your remaining installment(s) at the end of your program.  If you need more than six terms to complete your credits, extra term fees will apply. 

Please note that the tuition/fees displayed here are subject to change, and may vary depending on your entry term.

Domestic

$3,800.79per 6 terms

$22,804.74total

International

$7,264.03per 6 terms

$43,584.18total

Students are also subject to supplementary fees including health benefits. Find out more about supplementary fees here.

Admission requirements

Admission to Professional LLM specializations is competitive. At OsgoodePD, we can help you navigate the process.  The Admissions Committee reviews each applicant’s completed file and takes into consideration criteria such as academic background, professional work experience, and whether the program fits your stated goals. The information below represents the minimum requirements for admission consideration to our graduate degree programs – meeting these criteria does not guarantee admission. 

JD/LLB degree or undergraduate degree (a graduate degree is an asset to non-legal professionals) 

Overall B (75%) average (or equivalent) 

Professional work experience (JD/LLB graduates require at least 2 years, while non-legal professionals require at least 5 years of related senior-level experience) 

Acceptable English language proficiency (see requirements) 

How to Apply

Create Your OsgoodePD Applicant Profile

Create an applicant profile in our online application portal. This portal allows us to gather your information, transcripts, and other documents electronically. You will receive an email with directions outlining how to create a new password for your application, along with a link to access the application.

Upload Application Documents

The following documents are required:

  • Resume/CV
  • Writing Sample
  • Contact Information for Two References
  • Transcripts
  • Proof of Language Proficiency (if applicable)

For more information, see our Application Documents to Upload section.

Pay and Submit

Once your application is completed, you will be required to pay a non-refundable $130 CAD application fee.

Wait for Review

Timelines for decisions vary by program, but we will be in touch if we have questions about your application or need more information.

Frequently Asked Questions

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