Master of Laws
LLM International Financial Law
Due to high demand for this course, we operate a staged admissions process with multiple selection deadlines throughout the year, to maintain a fair and transparent approach.
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Fees and funding
Fees
For entry in the academic year beginning September 2027, the tuition fees are as follows:
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LLM (full-time)
UK students (per annum): £17,600
International, including EU, students (per annum): £32,600
The fees quoted above are fully inclusive of tuition, administration and computational costs.
Fees for entry are subject to yearly review. The University reserves the right to increase your tuition fee by up to 7% each year for courses lasting more than one year, including to reflect rising costs associated with delivering our educational and wider student experience. Postgraduate fees information .
Always contact the admissions team if you are unsure which fee applies to your qualification award and method of attendance.
Policy on additional costs
All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).
Scholarships/sponsorships
We know that student finance can be complicated. The links below provide further information to help guide you.
- Learn more about - student finance options for UK students .
- Learn more about - fees and finance for international students .
- Graduates of The University of Manchester and Manchester Metropolitan University can receive a 10% discount on their master's degree tuition fees as part of our Manchester Alumni Loyalty Discount scheme.
Course unit details:
The Principles and Practice of Corporate Governance
| Unit code | LAWS70362 |
|---|---|
| Credit rating | 30 |
| Unit level | FHEQ level 7 – master's degree or fourth year of an integrated master's degree |
| Teaching period(s) | Semester 2 |
| Offered by | Law |
| Available as a free choice unit? | No |
Overview
Corporate governance is rarely out of the headlines. The question of how much remuneration directors should receive has been a recent issue, while the link between corporate governance and corporate performance has long been probed. There have also been high profile instances of incompetence and illegal behaviour. Also, who should the directors of the company be working for? Should it be for shareholders, employees, or the company itself? All told, corporate governance suggests an interesting and important area of study. The way that we regulate corporate governance is also intriguing, and for a number of reasons. If we over-regulate there is a fear that we will damage the ability of corporations to be competitive, and this will damage national competitiveness and the living standards of citizens. Alternatively, if we fail to regulate effectively we may be facilitating undesirable behaviour, such as the taking of unnecessary risks, with the potential to repeat the financial meltdown of 2007. The issue of who is best placed to regulate corporate governance is similarly an interesting one, and can we say that there is a convergence of practice across jurisdictions? The purpose of this course unit is to explore these types of issues and to develop a more informed and critical understanding of corporate governance. It will provide you with an appreciation of policy and the governance framework more generally. As you might also now realise, it will draw upon different bodies of knowledge, although the main focus will be regulatory.
Aims
• To explore corporate governance from different perspectives
• To examine the major theories concerning corporate governance
• To consider the purpose of corporate governance
• To look at the interplay of the institutions supporting the practice of corporate governance
• To examine the internal and external mechanisms of corporate governance practice
• To consider how corporate governance has evolved across different legal and economic systems
Learning outcomes
On completion of this unit, successful students will be able to:
- understand the theoretical basis of the principles and development of corporate governance;
- identify how legal and financial approaches are jointly relevant to the theoretical and practical aspects of corporate governance;
- recognise the key legal issues affecting the governance of companies (especially UK companies);
- have an awareness and understanding of the current academic and policy issues around the themes of corporate governance and, in particular, the shareholder-stakeholder debates;
- understand the relevance of the governance of corporations within the wider social, political and economic context;
- use appropriate sources and literatures to research and analyse an issue in corporate governance and write a critical piece of work.
Teaching and learning methods
Lectures (26 hours) and seminars (4 hours)
Assessment methods
| Method | Weight |
|---|---|
| Written exam | 100% |
Feedback methods
Formative essay, questions, seminars, classroom discussion.
Recommended reading
Moore, M. and Petrin, M. (2017) Corporate Governance: Law, Regulation and Theory, London: Palgrave Corporate and Financial Law.
A full reading list will be provided on a topic by topic basis.
Study hours
| Scheduled activity hours | |
|---|---|
| Assessment written exam | 3 |
Teaching staff
| Staff member | Role |
|---|---|
| Aristea Koukiadaki | Unit coordinator |
Additional notes
Information
Formative feedback is provided within the unit through oral feedback in the seminars. A revision lecture is provided prior to the final assessment, and an outline of issues is published after the final assessment on Canvas.
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