Best Master's In Business Law Degrees 2022

A ranking of the best master's in business law degrees. Programs ranked by affordability, flexibility, and academic quality.
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Updated January 9, 2023

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Negotiate an advance in your career with one of the nation’s best Master’s in Law degrees.

Are you fascinated by the intricate, legal worlds of both national and international business relations? Do you want to hone your leadership and management strategies while also developing polished skills in legal research, writing, and consultation?

Then a degree in business law may be for you!

What kind of Master’s in Business Law degree should you get?

Though each of the 15 programs on our list will provide a foundation in business law, they also vary in terms of degree structure and requirements. Foremost, many of the programs on our list are LLM degrees. An LLM is an advanced certification with global recognition. Others are JD or Master’s degrees.

To find the best fit for you and your career goals you’ll want to consider not just coursework, but the supplemental research and networking opportunities offered by the schools.

Most of the degrees below are offered on-campus only, but you may want to consider online education. It is an affordable, flexible, and customizable approach to education. So, be sure to check out College Choice’s Best Online Law Schools.

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How much money do people make with a Master’s in Business Law degree?

It’s no secret that law is a lucrative field. And that’s just as true for one with a Master’s in Business Law degree. You will graduate fully equipped for leadership positions with a salary that reflects as much.

Lawyers make nearly $120,000 annually in a position that will grow another 8 percent in the next few years. But for those with specialized experience in business law? Those numbers leap up.

Corporate lawyers can make up to $196,000 a year according to Payscale. That’s not all! Payscale offers even more good news. Corporate lawyers and aids are among the most satisfied legal professionals!

What can you do with a Master’s in Business Law?

Though most people see a Master’s in Business Law as setting one up to work in a law firm - which it surely can - the degree is actually far more applicable and versatile.

Most big companies, agencies, and organizations rely on people with legal business expertise to help them navigate concepts like taxation, rights, and negotiations. Therefore, you could find yourself working for a government agency or for a private practice. You may work for an environmental non-profit or a massive Silicon Valley corporation.

You can also find yourself applying your degree to a range of skill sets, from data analysis to consultation. All that is to say, this degree unlocks innumerable doors.

What are the requirements for a Master’s in Business Law degree?

To earn a Master’s in Business Law, you will be required to spend at least the next two years studying full time. In your first year you can expect foundational classes in business law such as Corporate Taxation and Finance, International Law, and Business Regulations, among others.

Between your first and second year you may spend time interning to gain hands-on experience. Or you will dive right into specialized coursework. Either way, your second year is an ideal time to take classes that sync up with your career ambitions. These programs offer an array of electives:

You should also take advantage of your university’s resources. Network and attend the Law School’s events. Partner with research and cultural centers. For example, Georgetown is home to the Center on Transnational Business and Law as well as the Institute of International Economic Law.

What are the best Master’s in Business Law degrees?

All of these programs, the LLMs and JDs alike, are offered through some of the nation’s most renowned law schools. And all 15 are, hand’s down, the best in training future lawyers in the nuances of national and global business law.

To find the best programs we looked thoroughly at every law school offering Business Law as a specialization or concentration option. From there we investigated key factors such as university reputation and its retention rate. Finally, we took into account the salaries of graduates and tuition rates to get an idea of the return on investment.

Our exhaustive research led us to this definitive list of the nation’s best programs for business law.

Our figures and information come from the university and colleges’ websites, PayScale, and nationally recognized U.S. News & World Report and The National Center for Education Statistics.

Best Master's in Business Law Degrees

See our rankings methodology page.

#1 Best Master’s In Business Law Degrees 2022

Duke University

  • Durham, NC
  • 4 years
  • Online + Campus

Duke University prepares graduates for career advancement in its master's in business law program. The private institution, located in Durham, offers a variety of enrollment options for degree-seekers, including online programs. During the master's program, learners complete a challenging, graduate-level curriculum that builds an advanced understanding of business law.

Master's candidates rely on the school's support services to make progress toward their degree. For example, career counselors host job fairs and offer resume workshops for specific industries. Master's degree-seekers also participate in tutoring sessions, counseling programs, and networking events.

Duke University at a Glance:

Total Master's Programs: 92

Total Online Master's Programs: 2

Admission Rate: 8%

Graduation Rate: 95%

Student-Faculty Ratio: 6-to-1

Graduate Tuition In State: $55,680

Graduate Tuition Out of State: $55,680

Average Alumni Earnings After Six Years: $93,200

Average Undergrad Tuition
In-state
$55,880
Out-of-state
$55,880
Average Graduate Tuition
In-state
$55,680
Out-of-state
$55,680
Retention Rate
98%
Acceptance Rate
8%
Students Enrolled
16,686
Institution Type
Private
Percent Online Enrollment
6% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#2 Best Master’s In Business Law Degrees 2022

Northwestern University

  • Evanston, IL
  • 4 years
  • Online + Campus

Learners interested in business law can enroll in a top-ranked master's program offered by Northwestern University. Students can increase their earning potential and advance their careers in the master of science in law program. Candidates benefit from flexible enrollment options, including schedules designed for full-time professionals.

Learners take advanced classes that build a theoretical and practical understanding of the legal field. Internships and hands-on learning opportunities strengthen classroom skills and help students expand their professional networks. Faculty advisors help learners choose electives and concentrations to specialize their education.

Northwestern University at a Glance:

Location: Evanston, Illinois

School Type: Private

Admission Rate: 9%

Graduate Tuition In State: $56,067

Graduate Tuition Out of State: $56,067

Percent of Students Awarded Aid: 64%

Average Undergrad Tuition
In-state
$56,232
Out-of-state
$56,232
Average Graduate Tuition
In-state
$56,067
Out-of-state
$56,067
Retention Rate
98%
Acceptance Rate
9%
Students Enrolled
22,448
Institution Type
Private
Percent Online Enrollment
2% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#3 Best Master’s In Business Law Degrees 2022

University of California-Los Angeles

  • Los Angeles, CA
  • 4 years
  • Online + Campus

The University of California, Los Angeles offers a business law master's program that helps graduates advance their career. The public institution welcomes degree-seekers with a variety of enrollment options, including online programs created with working professionals in mind. In the LL.M. with a specialization in business law program, learners strengthen their knowledge and skills through a rigorous curriculum.

Whether enrolled online or on campus, master's candidates can access a generous selection of college resources and support services. Academic advisors help with course selections, while financial aid counselors recommend grants and scholarships to pay for a master's degree. Master's degree-seekers can also take advantage of career counseling, writing tutoring, and extensive library services.

University of California, Los Angeles at a Glance:

Total Master's Programs: 107

Total Online Master's Programs: 1

Admission Rate: 12%

Graduation Rate: 92%

Student-Faculty Ratio: 18-to-1

Graduate Tuition In State: $11,442

Graduate Tuition Out of State: $26,544

Average Alumni Earnings After Six Years: $52,000

Average Undergrad Tuition
In-state
$11,442
Out-of-state
$41,196
Average Graduate Tuition
In-state
$11,442
Out-of-state
$26,544
Retention Rate
97%
Acceptance Rate
12%
Students Enrolled
44,371
Institution Type
Public
Percent Online Enrollment
5% Percentage of all students who are enrolled online.
Accreditation
Yes Western Association of Schools and Colleges Senior Colleges and University Commission

#4 Best Master’s In Business Law Degrees 2022

Georgetown University

  • Washington, DC
  • 4 years
  • Online + Campus

The master's in business law at Georgetown University emphasizes career-focused skills. From its main campus in the District of Columbia, the private university offers graduate programs with several enrollment options, including online programs. During the international business and economic law program, learners take advanced courses in business law that build on their prior training.

College resources and support services help master's candidates participate fully in campus life and meet graduation requirements. For example, career counselors host job fairs and offer resume workshops for specific industries. Master's degree-seekers also attend networking events and make use of library services.

Georgetown University at a Glance:

Total Master's Programs: 87

Total Online Master's Programs: 7

Admission Rate: 14%

Graduation Rate: 95%

Student-Faculty Ratio: 11-to-1

Graduate Tuition In State: $51,336

Graduate Tuition Out of State: $51,336

Average Alumni Earnings After Six Years: $81,100

Average Undergrad Tuition
In-state
$55,440
Out-of-state
$55,440
Average Graduate Tuition
In-state
$51,336
Out-of-state
$51,336
Retention Rate
97%
Acceptance Rate
14%
Students Enrolled
19,593
Institution Type
Private
Percent Online Enrollment
15% Percentage of all students who are enrolled online.
Accreditation
Yes Middle States Commission on Higher Education

#5 Best Master’s In Business Law Degrees 2022

Vanderbilt University

  • Nashville, TN
  • 4 years
  • Online + Campus

The business law master's degree at Vanderbilt University is one of 104 master's programs offered at the university. The LL.M. program for international students helps graduate students gain specialized training to reach their career goals. Flexible enrollment options appeal to working professionals who need to schedule classes around their other responsibilities.

Learners take theoretical and practical business law classes to gain a comprehensive knowledge of the field. Students strengthen their knowledge through internships and other hands-on learning opportunities, which also build valuable professional connections. Electives and concentrations allow learners to individualize the program based on their professional goals.

Vanderbilt University at a Glance:

Location: Nashville, Tennessee

School Type: Private

Admission Rate: 9%

Graduate Tuition In State: $48,624

Graduate Tuition Out of State: $48,624

Percent of Students Awarded Aid: 68%

Average Undergrad Tuition
In-state
$50,800
Out-of-state
$50,800
Average Graduate Tuition
In-state
$48,624
Out-of-state
$48,624
Retention Rate
97%
Acceptance Rate
9%
Students Enrolled
13,131
Institution Type
Private
Percent Online Enrollment
8% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#6 Best Master’s In Business Law Degrees 2022

Loyola Marymount University

  • Los Angeles, CA
  • 4 years
  • Online + Campus

The master of laws program at Loyola Marymount University appeals to students seeking career advancement. The private institution, located in Los Angeles, offers a variety of enrollment options for degree-seekers, including online programs. In the program, learners take graduate-level courses to strengthen their understanding of business law.

Master's candidates benefit from a generous selection of college resources and support services. Academic advisors recommend course selections, while financial aid counselors connect students with scholarship and grant opportunities. Master's degree-seekers also attend networking and training events hosted by the university.

Loyola Marymount University at a Glance:

Total Master's Programs: 37

Total Online Master's Programs: 3

Admission Rate: 44%

Graduation Rate: 80%

Student-Faculty Ratio: 10-to-1

Graduate Tuition In State: $18,606

Graduate Tuition Out of State: $18,606

Average Alumni Earnings After Six Years: $53,000

Average Undergrad Tuition
In-state
$49,550
Out-of-state
$49,550
Average Graduate Tuition
In-state
$18,606
Out-of-state
$18,606
Retention Rate
89%
Acceptance Rate
44%
Students Enrolled
9,822
Institution Type
Private
Percent Online Enrollment
6% Percentage of all students who are enrolled online.
Accreditation
Yes Western Association of Schools and Colleges Senior Colleges and University Commission

#7 Best Master’s In Business Law Degrees 2022

George Washington University

  • Washington, DC
  • 4 years
  • Online + Campus

The master of laws program at George Washington University stands out for its academic rigor and flexibility. Students can increase their earning potential and advance their careers in the master of laws program. Flexible enrollment options appeal to busy enrollees balancing school with work or other responsibilities.

The program's curriculum blends theoretical and practical approaches to encourage a comprehensive understanding of business law. Internships and hands-on learning opportunities encourage students to gain varied experience while building professional connections. Faculty advisors help learners choose electives and concentrations to specialize their business law education.

George Washington University at a Glance:

Location: District of Columbia

School Type: Private

Admission Rate: 41%

Graduate Tuition In State: $31,770

Graduate Tuition Out of State: $31,770

Percent of Students Awarded Aid: 77%

Average Undergrad Tuition
In-state
$54,453
Out-of-state
$54,453
Average Graduate Tuition
In-state
$31,770
Out-of-state
$31,770
Retention Rate
92%
Acceptance Rate
41%
Students Enrolled
27,814
Institution Type
Private
Percent Online Enrollment
22% Percentage of all students who are enrolled online.
Accreditation
Yes Middle States Commission on Higher Education

#8 Best Master’s In Business Law Degrees 2022

Boston College

  • Chestnut Hill, MA
  • 4 years
  • Online + Campus

Learners can earn their LL.M. from Boston College, which offers 74 master's program options. The LL.M. program serves students seeking advanced education and increased career opportunities. Candidates benefit from flexible enrollment options, including schedules designed for full-time professionals.

The master's program's curriculum blends theoretical and practical approaches to encourage a comprehensive understanding of business law. Internships and hands-on learning opportunities strengthen classroom skills and help students expand their professional networks. Candidates may also be able to choose a concentration, building specialized skills in a specific area of business law.

Boston College at a Glance:

Location: Chestnut Hill, Massachusetts

School Type: Private

Admission Rate: 27%

Graduate Tuition In State: $30,600

Graduate Tuition Out of State: $30,600

Percent of Students Awarded Aid: 56%

Average Undergrad Tuition
In-state
$56,780
Out-of-state
$56,780
Average Graduate Tuition
In-state
$30,600
Out-of-state
$30,600
Retention Rate
95%
Acceptance Rate
27%
Students Enrolled
14,747
Institution Type
Private
Percent Online Enrollment
5% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

#9 Best Master’s In Business Law Degrees 2022

University of San Diego

  • San Diego, CA
  • 4 years
  • Online + Campus

The master of laws program at the University of San Diego stands out for its academic rigor and flexibility. Students advance their career opportunities and increase their earning potential with a degree from the LL.M. in business and corporate law program. Flexible enrollment options, including online classes, help busy enrollees balance coursework with their other responsibilities.

The master's curriculum incorporates theoretical and practical knowledge to build a comprehensive understanding of business law. Students apply their training in internships and other hands-on learning opportunities, which strengthen career-ready skills. Learners meet with faculty advisors to choose electives and concentrations to individualize the business law degree.

University of San Diego at a Glance:

Location: San Diego, California

School Type: Private

Admission Rate: 49%

Graduate Tuition In State: $27,288

Graduate Tuition Out of State: $27,288

Percent of Students Awarded Aid: 82%

Average Undergrad Tuition
In-state
$50,450
Out-of-state
$50,450
Average Graduate Tuition
In-state
$27,288
Out-of-state
$27,288
Retention Rate
92%
Acceptance Rate
49%
Students Enrolled
9,181
Institution Type
Private
Percent Online Enrollment
8% Percentage of all students who are enrolled online.
Accreditation
Yes Western Association of Schools and Colleges Senior Colleges and University Commission

#10 Best Master’s In Business Law Degrees 2022

Northeastern University

  • Boston, MA
  • 4 years
  • Campus

Northeastern University offers several career-focused graduate programs, including a master of laws. From its campus in Boston, Massachusetts, the private institution offers several enrollment options, including online programs designed for working professionals. The master of laws builds on undergraduate knowledge, and applicants without a legal background may need to complete prerequisite courses before enrolling.

Master's candidates benefit from the university's support services, which include academic and career services. Academic advisors help with course selections, while financial aid counselors recommend grants and scholarships to pay for a master's degree. Master's degree-seekers can also take advantage of career counseling, writing tutoring, and extensive library services.

Northeastern University at a Glance:

Total Master's Programs: 68

Admission Rate: 18%

Graduation Rate: 89%

Student-Faculty Ratio: 14-to-1

Graduate Tuition In State: $24,793

Graduate Tuition Out of State: $24,793

Average Alumni Earnings After Six Years: $57,800

Average Undergrad Tuition
In-state
$52,420
Out-of-state
$52,420
Average Graduate Tuition
In-state
$24,793
Out-of-state
$24,793
Retention Rate
99%
Acceptance Rate
18%
Students Enrolled
22,207
Institution Type
Private
Percent Online Enrollment
10% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

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