Derivatives Regulation Becomes a Popular Law School Offering
The financial meltdown has spurred interest in derivatives classes among law students interested in learning about the origins of the crisis and hoping to tap into an expanding job market for lawyers well-versed in financial regulations.
New York Law School has seen so much interest in its derivatives course that is developing plans for a new masters in law program in financial services that will include eight separate classes, Reuters reports.
Stanford Law School is offering a course on derivatives for the first time next year, while demand for a derivative law class has more than quadrupled since 2007 at the University of Maryland, the story says.
Max Romanik is a University of Maryland law student who is studying derivatives. He will be working this summer for the Commodity Futures Trading Commision.
“It’s a great experience when the professor can walk in with a statute that came off the presses that day. You don’t have to study bizarre hypotheticals,” he told Reuters. “The real world is happening all around you right now.”
