Government and industry operate in a complex world of rules. Your skills in navigating the latest regulations and related compliance can help you map a strong career opportunity.
The Master of Laws (LLM) in Business Law is a post-JD master's degree program tailored for attorneys seeking to develop or sharpen a special expertise in transactional law and compliance. You'll learn the practical skills for advising corporate clients on best practices across a wide range of industries. Should you choose to focus in compliance, through our accredited program you will be eligible to receive a Certificate in Compliance, enabling you to sit for compliance industry examinations.
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:
- 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;
- Integrate laws and regulations to operational policies and procedures to yield best practice and affirm ethical business conduct;
- Demonstrate ability to draft and negotiate transactional documents for clients across industries;
- Be prepared to successfully pass the Compliance Certification Board Certified Compliance and Ethics Professional (CCEP) certification exam (for students enrolled in the compliance certificate);
- Communicate effectively in a professional and credible manner; and
- Serve as a compliance professional across a number of industries.
You will be able to anticipate clients' needs and assist in developing tools and procedures for engaging clients across a variety of heavily regulated business sectors, advocating for changes necessary to advance social justice and equity across a variety of industries.
By the numbers
OF ONLY 14 PROGRAMS IN THE US ACCREDITED BY THE COMPLIANCE CERTIFICATION BOARD
FACULTY, ALL EXPERTS IN AREAS OF COMPLIANCE
ONLINE COURSES FOCUSING IN COMPLIANCE
Coursework offers in-depth training in compliance, including courses in business planning, securities regulation, corporate compliance, and the Foreign Corrupt Practices Act. You can complete the program online in two years as a part-time student. The program begins three times each year in the fall, spring, and summer.
- Business Planning
- Governance, Ethics, and Compliance
- LLM Thesis Project, Term 1
- LLM Thesis Project, Term 2
- Case Studies in Compliance
- Compliance Seminar Series
- Compliance Training Methods
- Conducting Internal Investigations
- Contract Drafting
- Corporate Compliance
- Drafting Policies and Procedures
- Enterprise Risk Management
- European Union Privacy Law
- Financial Institution Regulation
- The Foreign Corrupt Practices Act
- Global Compliance
- International Business Law
- Leadership and Management Seminar Series
- Privacy and Security of Corporate Information
- Privacy Breach Incident Management and Reporting
- Privacy Program Management
- Securities Regulation for Lawyers
- Transactional Skills
Education Immersion Weekends
In addition to the required curriculum for the LLM in Business Law, you are required to travel to Loyola's Chicago campus at least twice during your program for Education Immersion Weekend (EIWs). Though you are encouraged to attend as many EIW sessions as you would like at any time in the program, you should plan to attend one EIW in your first or second term of the program to participate in orientation sessions. The second EIW or on-campus event can be scheduled at a time that is convenient for you (for example, to attend a symposium event or to participate in commencement). EIWs offer programming to reinforce learning objectives, provide a venue for networking, and foster communication among students, alumni, and faculty.
To earn an LLM in Business Law degree. you must complete 24 credit hours of course work, including a thesis project. You must attend two Education Immersion Weekends at Loyola's Chicago campus. 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.
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.
To apply for the LLM in Business Law program, you must possess a Bachelor's degree or its equivalent from an accredited college or university and a primary degree in law. You must demonstrate a professional connection to the subject area through two years of professional experience.
- August 1: Fall Term Application Deadline
- December 1: Spring Term Application Deadline
- April 1: Summer Term Application Deadline
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 can I expect from the online course experience?
The LLM program is comprised of attorneys with varying backgrounds in business. Students join the program at various points in their career and each student brings a unique background to the program.
Courses are taught by full-time faculty members at Loyola as well as leading practitioners, each experts in their fields. Each course is organized to teach key substantive areas and practical skills. All courses are offered online through Loyola’s learning management system and consist of reading assignments, recorded lectures, quizzes or exams, bulletin board assignments, writing assignments, and live classes. Course materials are available 24 hours a day, 7 days a week.
Please review this short video for an overview of the online course platform and experience.
Will I have access to Career Services?
Yes, you will have access to a full range of career resources provide by Loyola’s outstanding Office of Career Services.
Can I transfer credits from other schools?
Due to the unique nature of our online degrees, transfer credits are generally not accepted. Applicants or students seeking exceptions to this rule should request consideration of transfer credit in the application process.
The US Department of Education requires any institution offering distance education/online programs to students outside of its home state to acquire authorization from the states in which students reside. Regulations vary from state to state. While Loyola University Chicago is authorized, exempt or pursuing authorization in most states, some restrictions apply. Please see our State Authorization page for the most up-to-date information.
Loyola University Chicago is registered as a private institution with the Minnesota Office of Higher Education pursuant to sections 136A.61 to 136A.71. Registration is not an endorsement of the institution. Credits earned at the institution may not transfer to all other institutions.