In conjunction with an LL.M. program at NYU School of Law, students may complete the Advanced Professional Certificate in Law and Business; students studying in New York City or at NYU@NUS are eligible.
The Advanced Professional Certificate in Law & Business (APCLB) is a unique program of the NYU Pollack Center for Law & Business, a joint venture of NYU's Leonard N. Stern School of Business and NYU School of Law designed specifically for law students interested in a career in corporate law. This program permits J.D. students who have completed their first year of legal education at NYU School of Law and all students admitted to the LL.M. program at the NYU School of Law to receive graduate business school training in conjunction with their legal education and to earn an Advanced Professional Certificate in Law and Business from the Stern School.
The APCLB has been created specifically for business lawyers. It is designed to provide law students with analytical tools necessary to understand the finance and economics that underlie the transactions and business structures that business lawyers design, negotiate, and implement. The APCLB supplies an accessible academic dimension to corporate law studies. The graduate business school curriculum covers basic techniques and practices of business without requiring students to dedicate the extended time necessary to earn an MBA degree. The Leonard N. Stern School of Business is a leading U.S. graduate business school. Its Finance Department, which is especially involved in the APCLB program, is consistently recognized as one of the leading centers for teaching and research in finance, banking, investments, and related fields.
The Advanced Professional Certificate program is open to all students admitted to the LL.M. and J.D. programs. Interested graduate students should check the appropriate box on the application form. Students accepted to the LL.M. program who specify an interest in the Advanced Professional Certificate program will be contacted via email. Interested students should contact Harold Jennings via email at email@example.com or via phone at 212.998.0565. Please note, NYU@NUS students will be issued an I-20 from NYU in order to enter the United States to complete the 9 credits taught in the summer session. The Optional Practical Training period and the APCLB are mutually exclusive.
For those students who will study in New York City for the 2013-2014 academic year, the Advanced Professional Certificate Program in Law and Business is scheduled to begin on June 3, 2013 and end on July 25, 2013. For those students who will enroll in NYU@NUS for 2013-2014, the program will begin on June 2, 2014 and end on July 25, 2014.
The certificate program requires the successful completion of 15 credit hours of graduate business study, nine of which are taken in a summer session in the Stern School during an eight-week period. For LL.M. students in New York City, the summer term coursework usually precedes enrollment at the Law School; NYU@NUS students will enroll in the summer session following the completion of their studies in Singapore. The summer term is dedicated to foundational courses which offer law students an advanced understanding of the business underpinnings of their legal work in areas such as corporations or securities regulation. These foundational courses are Financial Accounting and Reporting, Statistics and Data Analysis, and Foundations of Finance. Each summer course requires approximately 37 academic hours of instruction.
APCLB students pursuing an LL.M. in New York City will take 6 additional credit hours of courses in the Stern School Curriculum (such as Global Business Environment, Business Strategy, Corporate Strategy, Industrial Organization, Investment Banking, Mergers and Acquisitions, Entrepreneurial Finance, and Financial Accounting), cross-listed classes with the Stern School or, with permission, Law School courses that focus on business finance. NYU@NUS students will fulfill these 6 additional credits with courses taught in Singapore. Thus, in total, APCLB students will take 15 hours of academic work in support of the certificate. The elective courses count towards both the law degree and the Advanced Professional Certificate.
Overview of Courses
A short description of the summer classes that will be offered in 2013 is as follows:
- Financial Accounting and Reporting introduces students to accounting reports, which are an important means of communication with investors. This course focuses on the development, analysis and use of these report in addition to traditional introductory topics, other topics may include mergers and acquisitions, purchase and pooling, free cash flow and financial statement analysis. 3 credits.
- Statistics and Data Analysis provides a survey of quantitative techniques applicable to decision making, with special regard to their roles in legal issues. Topics will include introduction to probability, statistical distributions (including binomial, Poisson, normal), statistical inference (estimation, prediction, and hypothesis tests), multivariate linear regression, correlation analysis, and statistical sampling. Examples will be drawn from problems from legal proceedings. 3 credits.
- Foundations of Corporate Finance introduces students to the structure of markets and the valuation of financial assets, including stocks, bonds, futures, forwards, options, and swaps. Principles of modern portfolio theory, with domestic and international applications, are developed. Options and futures contracts are valued within the framework of arbitrage-based models. 3 credits.
Housing for the summer session will be available in the Law School residence halls at standard rates. Students interested in NYU housing for the summer can apply for housing. If the application is no longer available on-line, please contact Harold Jennings at firstname.lastname@example.org, as a number of rooms have been set aside for summer certificate students who apply after the summer housing deadline.
Tuition for the certificate program is only for the nine credits taken during the summer semester. Tuition and registration fees for these credits are charged at the regular Stern graduate business school rate, $16,495 for nine credit hours (this tuition is based on 2013 and is subject to change for 2014).
A financial aid application will be available on-line in mid-March through the Stern Business School’s Financial Aid website. In addition, through a generous gift by Stern School of Business alumnus John Vogelstein to the NYU Pollack Center for Law & Business, you may be eligible to receive a partial grant for the APCLB. Inquire for details.
If you are an international student, you should start your visa process as soon as possible to ensure that you receive your visa in time. International students should send or fax their I-20/DS-2019 Application to the NYU Office of Global Services without delay (a flyer with instructions is included in the Admitted Student Packet). Please indicate on your I-20/DS-2019 Application that you are an Advanced Professional Certificate student. Also, you will have to show additional funding for the summer program(tuition and living expenses).
For more information about the program, visit the A.P.C. in Law & Business Web site or contact:
139 MacDougal Street, 100F
New York, NY 10012