There is an option to change the 3rd term allocation during the year.
"Having a background in Philosophy and Economics, I was very keen on deepening my knowledge of the legal environment of markets and the way it functions. EMLE was the perfect fit. As a program that employs the analytical and rigorous economic approach while at the same time paying tribute to legal complexities, EMLE is not only interesting and academically challenging but also seeks to develop its students 'practical understanding' of how the economy and legal sphere work. This combined with the instruction of leading scholars in the field and a motivated as well as a gracious international student body rounds out the program perfectly. Overall, this makes me feel well-prepared for my PhD studies in the area of the economics of international law."
[EMLE Student 2015/2016]