ESADE, Victoria University of Wellington and others. The school admits the best 116 applicants every year for the LL.B./Staatsexamen program. They are selected through a demanding written and oral admissions procedure, which stretches over two rounds in the months of May and July each year. Most of the admitted students graduated at the top of their high school class. About 10% of the students are national merit scholars, the highest rate among German institutions of higher education. Over 75% of the Bucerius graduates achieve an "outstanding" distinction (Prädikat) grade over 9 points in the German Judicial State Examination. Career prospects for graduates are very strong, as demonstrated by hiring-manager rankings and the multiple employment offers each student typically receives. The tuition fee is 4,300 Euros per trimester, for a total of 12 trimesters. Financial aid includes scholarships, student loans and a special "study first, pay later". This is a multi-generation student funding scheme that ensures affordability concerns do not prevent the best and most highly qualified students from attending Bucerius. It allows any students to attend for free with an agreement that they pay the university back a fixed percentage of their salary for a period of time after graduation, provided they meet certain minimal earnings requirements. Moreover, many students are recipients of external scholarships. LL.M./MLB program The Bucerius Master of Law and Business (LL.M./MLB) is a consecutive Master's degree. Applicants must have a degree in either law, economics or business. The program aims at training international executives at the intersection of law and economics and strives to enable its students to analyse corporate issues from a legal and an economic perspective in an international context. The program is taught in English and runs from the beginning of September to the end of July, divided into three trimesters. In the Fall trimester (September to December), two course periods are held. The second trimester (January to April) comprises one course block and an eight-week internship. In the third trimester (May to July), students write their thesis following another course block. The Bucerius LL.M./MLB program admits 50 students a year in a separate admissions test. Tuition is 22,000 Euros. Other programs Bucerius also offers doctoral and post-doctoral studies. Bucerius Law School has three Summer Programs: International Business Law, which was inaugurated in 2008; International Intellectual Property Transactions, which has been offered in cooperation with UC Hastings College of the Law since 2014;