The European Master’s in Transnational Trade Law and Finance (EMTTLF) has been selected by the European Commission among the Erasmus Mundus masters courses for five years. This implies that the European Commission will grant scholarships to highly qualified third-country graduate students to follow the EMTTLF Masters Course.

Participation in the European Master in Transnational Trade Law and Finance is open to graduate students of Law, Business Administration and related fields and lawyers of all nationalities. Enrolment numbers are limited and admission is based on merit.

Requirements and selection criteria

Admission may be granted to applicants who meet the following criteria:

  • Candidates must be have completed at least a good level first cycle degree in a discipline related to Law and Business Administration (ILF accepts only Law, Economics or Business Administration graduates).
  • The Course seeks those who demonstrate a proven interest in issues of Transnational law and finance and/or have related international work experience.
  • Candidates are required to have a recognized qualification in the languages of instruction of the university that they plan to attend. Applicants will have to enclose the documentation attesting their level of English (TOEFL test results 580* or IELTS 6.5) or French (DELF, DALF or other diploma), if they apply for the Strasbourg Track. Check the “TOEFL Internet Based Test score comparison”.
  • Study mobility periods abroad and practical experience in European and/or international organizations and institutions is valued.
  • Selection criteria include motivation, academic qualifications, languages skills, research experience, and professional experience.

N.B. If you are applying for a Erasmus Mundus Scholarship, please, note that as of the academic year 2009/2010, the number of applications is limited to three Erasmus Mundus Masters Courses maximum, i.e., if you apply to more than three Erasmus Mundus Masters Courses, you will be automatically excluded from the selection process of all of them.
* The ILF requires TOEFL test results 600.

Procedure

  1. Check the Application form on-line to see how you have to proceed in order to upload the files (.doc, .jpg, .pdf) with all the necessary documentation.
  2. Make electronic copies in .doc, .jpg or .pdf format (preferably in .pdf – note that .docx files are not accepted) of the requested documentation and make sure that none of the files exceed 1Mb (1Mb = 1024 Kb is the maximum sized allowed per file, if you try to upload a heavier file the system will not be able to process your application and you will have to re-start typing all the requested information). If you use shareware, beta or trial versions software, please try to minimize any watermarks.
  3. Complete the Application form on-line. Please, take your time and review all the information that you provide us before clicking on “Save”). You will receive an email of confirmation. Keep it.
  4. Pre-selected candidates will be contacted to send via ordinary mail the original hard copies of the certificates and the documentation uploaded in their application forms on-line to the following postal address:

EMTTLF Secretariat
School of Law, University of Deusto
Avda. de las Universidades 24
E-48007 Bilbao (SPAIN)

It is strongly recommended that you send your application by means that provide you with proof of dispatch (registered post, express courier, etc.).

Documentation

Applicants MUST include in their on-line applications the following documents:

  • Copy of the applicant’s passport.
  • Academic credentials, with a copy of diploma (if this document is not in English then it must be officially translated) and, if available, diploma supplement.
  • Certified copies of academic transcripts.
  • Academic and/or professional CV.
  • Letter of motivation (type your motivation letter in the “Personal Statement Section” within the Application form on-line).
  • Original English proficiency test: TOEFL test results 580 or IELTS 6.5 (the ILF requires TOEFL test results 600). Please, note that a certain time is needed to pass TOELF or ILTS exams. Note that nationals of countries which official language is English (including the USA) are exempted of this requirement. Besides, university degrees (only Bachelor or equivalent undergraduate studies of at least 180 ECTS) obtained in a country where English is the official language by applicants for whom English is not the first language may be accepted instead of the approved IELTS/TOEFL score. Check the FAQ.
  • Copy of any other language Diploma (e.g. the French DELF or DALF Diploma).
  • 2 reference letters.

Pre-selected candidates MUST send by ordinary post, besides the original hard copies of the previous documents:

  • 1 copy of your on-line Application Form (remember to print a second copy for your own records).
  • 2 passport-sized photos (one glued to the application form in the appropriate place, the other with the applicant’s name and application No. in the back side).
  • Any other documentation uploaded in your application form on-line.

Pre-selected candidates will be contacted to send via ordinary mail the original documents of the requested information.

Deadlines

  • Candidates applying for an Erasmus Mundus Scholarship MUST complete the application on-line no later than JANUARY 31st 2010 (0:00 GMT).
  • Other candidates: MAY 31st 2010 (0:00 GMT).

Foreseeable dates for decisions on applications

  • Candidates applying for an Erasmus Mundus Scholarship MARCH 2010.
  • Other candidates: JUNE 2010.

Scholarship

The European Master’s in Transnational Trade Law and Finance (EMTTLF) has been selected by the European Commission among the Erasmus Mundus masters courses for five years. This implies that the European Commission will grant scholarships to highly qualified third-country graduate students to follow the EMTTLF Masters Course.

Number of Erasmus Mundus Scholarships

As for the third edition of this Master (2010-2012), the EMTTLF Consortium will award around 17 Erasmus Mundus Scholarships to highly qualified third-country graduate students.

Third-country graduate student means:

  • a national of a third country other than those from EEA-EFTA States (Iceland, Liechtenstein and Norway) and candidate countries for accession to the European Union (presently Croatia, Former Yugoslav Republic of Macedonia and Turkey);
  • who has already obtained a first higher education degree;
  • who is not a resident of any of the Member States or the participating countries (EEA-EFTA States and EU candidate countries for accession);
  • who has not carried out his or her main activity (studies, work, etc.) for more than a total of 12 months over the last five years in any of the Member States or the participating countries.

Important notice

Please note that as of the current academic year the number of applications by third country students must be limited to three Erasmus Mundus Masters Courses maximum, i.e., if you apply to more than three Erasmus Mundus Masters Courses, you will be automatically excluded from the selection process for an Erasmus Mundus Scholarship.

In addition, only individuals who have not previously benefitted from an Erasmus Mundus scholarship are eligible to apply. Applicants are asked to sign a declaration confirming that they have not previously received an Erasmus Mundus scholarship in the Scholarship Application Form.

Western Balkans and Turkey Window

In addition to the scholarships financed under the Erasmus Mundus programme, it is expected a limited number of additional student scholarships will be available for the 2010/11 academic year via a specific regional window for students from the Western Balkans and Turkey.

The total number of additional scholarships for students coming from the Western Balkans and Turkey will be up to 140 (for all the Erasmus Mundus Programmes included in the Old Action 2).

The following countries will be covered by the “Western Balkans and Turkey Window”: Albania, Bosnia and Herzegovina, Croatia, the former Yugoslav Republic of Macedonia, Montenegro, Serbia and Kosovo under UNSC Resolution 1244/99, as well as the three candidate countries, namely Croatia, Former Yugoslav Republic of Macedonia and Turkey.

Amount

Each grantee will receive 1,600 € each month for living costs during the months of duration of the program (1 academic year = 10 months) plus a fixed amount of 10,000 € to be paid in two installments of 5,000 € each per year. In order to facilitate the management of the transfer of the lump sum and the registration fee and to reduce costs for money transfer students can authorize the EMTTLF Consortium to deduct the registration fee from the lump sum.

For more information about the grants, please consult the official website of Erasmus Mundus (and the Frequently Asked Questions –FAQ- section)

Nota Bene: please note that the information herein is subject to the formal adoption of the second phase of the Erasmus Mundus Programme and of its specific 2010 work Programme (both scheduled for January 2010).

Source:

http://www.transnational.deusto.es/EMTTL

Please kindly mention Scholarshiponline.info when applying for this scholarship