Professional growth is key to career advancement. The Master of Laws (LLM) in Business Law is a post-JD master's degree program designed for attorneys hungry for greater opportunity. You'll build your insights through interaction with faculty, legal thought leaders, jurists and business professionals.

Knowing what's important to the business community will enhance your learning about regulatory and transactional practice and help you develop advanced skills for advising corporate clients.

Our commitment to you

Upon graduation with an LLM in Business Law, you will possess the following knowledge, skills, and professional values:


You will be able to describe the various laws and regulations that impact the highly regulated business world across a variety of industries.


    You will be able to:
  • Demonstrate understanding of all types of business organizations;
  • Analyze ways in which governmental, institutional and professional policies directly and indirectly influence various business sectors and can give rise to ethical or compliance violations;
  • Demonstrate understanding of the valuing, capitalization, and organization of a corporation;
  • Draft articles of incorporation and bylaws;
  • Demonstrate the ability to draft agreements for clients across industries; and
  • Communicate effectively in a professional and credible manner.

Professional Values

You will be prepared to exercise proper professional responsibilities to your clients and/or the legal system.


Beginning each fall, you can complete the program in just one year on a full-time basis and in two years on a part-time basis. Courses are offered at Loyola's Water Tower Campus. Or, you may choose to take select online courses, after consulting with your advisor.

Required Courses

  • Business Planning
  • International Business Transactions
  • LLM Business Law Thesis Paper


  • Advanced Business Organizations, Including a Comparative Perspective
  • Advanced Business Transactions & Negotiation
  • Advanced Corporate Tax
  • Advanced Partnership Tax
  • Advising Not-for-Profit Organizations: Business Practicum
  • Advising Not-for-Profit Organizations in Real Estate and Business Transactional Settings
  • Anatomy of a Deal
  • Art Law
  • The Art of In-House Legal Counseling
  • Bankruptcy
  • Business Law Center Clinic I
  • Business Law Center Clinic II
  • Business Planning: Transactions
  • Business Practice Transactional Skills
  • Client Counseling and Negotiation Weekend Workshop
  • Construction Law
  • Contract Negotiation and Drafting
  • Contracts
  • Corporate Compliance Programs
  • Corporate and Partnership Tax
  • Corporate Governance Law and Practice
  • Corporate Transactions in Health Law
  • Derivatives for Lawyers
  • Documenting and Negotiating Finance Transactions
  • Entertainment and Sports Law
  • Environmental Law
  • Financing an Aging Population
  • Health Care Business and Finance
  • Insurance Law
  • International Business Transactions
  • International Commercial Arbitration and the CISG
  • International Trade Law
  • Law and Accounting
  • Law and the Subprime Debacle
  • Mergers and Acquisitions
  • Mini MBA for Law Students
  • Secured Transactions
  • Securities Regulation
  • Securitization
  • Strategic Counseling for International Corporate Clients
  • Transactional Skills Seminar
  • Where Business Meets Law
Degree Requirements

To earn an LLM in Business Law degree, you must complete 24 credits hours, including a thesis paper. Visit our Registrar for a complete list of degree requirements, academic calendars, and registration process. You may access full course descriptions through our student information system through guest access.


To apply to the program, you must possess a bachelor's degree or its equivalent from an accredited college or university as well as a primary law degree.

  • July 1: Application Deadline Fall Enrollment

Tuition and Fees

The School of Law and Loyola's Office of Student Financial Assistance are committed to helping students secure the necessary financial resources to make their legal education at Loyola affordable.


Do I need a JD degree and need to be a member of the Bar?

LLM applicants must possess a primary law degree. For U.S. lawyers, this is a JD degree. For international lawyers, the degree may vary per country. If you have earned a JD degree from a non-ABA accredited institution in the United States, you must also be a licensed attorney.

What are some of my "real world" study opportunities?

In addition to formal courses, you may have the opportunity to represent clients through the Business Law Clinic.

Does this program have an online option?

Yes. Consistent with the goal of tailoring the program to individualized need, you may also opt to take one or more of courses in Loyola’s online curriculum with permission from your advisor. Online course topics include compliance, privacy law, and securities regulation.