Inaugurated in 1999, Loyola’s Tax LLM Program is ranked among the top ten graduate tax programs in the US.
The school's Tax LLM program is not expected to subsidize its JD program. This allows it to be extremely selective in admissions, keep classes small, and offer unusually high quality instruction.
The program’s student/faculty ratio, computed per ABA rules, remains under four full-time equivalent (FTE) students per FTE faculty member. Average enrollment in required classes is 16; in electives, 10.
The quality of Loyola's student body and small class sizes have also enabled it to attract some of the best advanced tax instructors available anywhere; most are nationally recognized experts in their fields.
The 2009 Princeton Review concluded that Loyola offers the “best classroom experience” of any law school in the western United States.
The degree of Master of Laws in Taxation will be awarded upon the satisfactory completion of 24 units of coursework in the program. Seven courses, totaling 14 units, are required:
* Corporate Taxation I
* Corporate Taxation II
* Income Tax Timing Issues
* Income Taxation of Property Transactions
* Partnership Taxation I
* Partnership Taxation II
* Tax Practice and Procedure