program detail
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USD 33318

Annual Tuition Fee

!
*Subject to change and other fees
Application icon

USD 100

Application Fee

Duration icon

24 months

Duration

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6.5

IELTS

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80

TOEFL

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70%

Min GPA

Program Overview

Enter the world of finance with your Master of Science in Finance degree.

Finance is a globally connected industry that is constantly changing. The 2008 United States financial crisis caught many investors and homeowners off guard. The drastic ups and downs of cryptocurrency would have been unthinkable a few years ago. And the 2022–23 inflation rate levels haven’t been experienced in decades.

Successful finance experts need to understand how the industry’s key players—commercial and investment banks, investment management companies, hedge funds, private equity firms, and regulatory agencies—operate, thrive, and even fail. A Master of Science in Finance degree can help you understand and succeed, even in volatile financial conditions.

At Illinois Institute of Technology’s Stuart School of Business, you’ll study in a nationally ranked M.S. in finance program that is located in Chicago—home to the world’s largest markets in financial derivatives.

In your M.S.F. courses, you’ll learn the latest industry-relevant concepts and technologies from finance professors who are both practitioners and scholars, bringing their career knowledge and understanding of the markets directly to the classroom.

Through our M.S. in finance program, you’ll leverage our partnerships with alumni and other leaders in the finance industry. You’ll gain valuable finance experience by working on real-world projects, having an internship at a top company, and networking with finance professionals.

Program Overview

By choosing Illinois Tech’s Master of Science in Finance degree program, you’ll enjoy a number of program advantages, including:

  • Gain professional expertise through Illinois Tech’s Elevate program. This one-of-a-kind program guarantees access to hands-on experiences—including research projects, internships, study away, competitions, short courses, and more—as well as personalized academic and career mentorship, all in pursuit of ensuring that our students graduate with career-readiness.
  • Dive deep into a concentration of your choice. In addition to your core coursework, you can choose to elevate your skills and knowledge by choosing a concentration in Financial Technology, Portfolio Management, Risk Management, Corporate Finance and Valuation, or Quantitative Modeling and Trading.
  • Live and learn in the heart of Chicago’s finance industry. Being just a short train ride away from some of the country’s major financial districts offers you incredible opportunities for internships and networking, with unparalleled access to industry professionals.
  • Compete with finance students from across the globe. As a Stuart finance student, you’ll participate in national and international business competitions in areas such as equity research, portfolio and risk management, equity valuation, and trading.
  • Learn from and collaborate with industry-leading experts. Our finance professors bring their finance experience directly to the classroom, offering extensive insights into financial markets, institutional operations, and industry research. You’ll learn from real industry professionals.
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Additional Information

Program Level Master's Degree

College/University Processing Time 28 Days

Program Format Full-Time

Optional Practical Training (OPT) work permit

Program Intake

Open

Aug 2025

Closed

Jan 2025, Aug 2024

General Admission Requirement

    Academic Requirement

    • Minimum Level of Education Required: To be accepted into this program, applicants must have a bachelor's degree.

    6.5 IELTS Score
    80 TOEFL Score Minimum Overall Score
    115 Duolingo Minimum Overall Score
    70% CGPA Minimum Overall Score

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    Tuition Fee

    The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the Programs page.

    Average Tuition Fee Per Year

    33318

    Tuition Fee
    (USD)

    USD 100

    Application Fee
    (USD)

    12000 Per year

    Average Cost of Living
    (USD)

    info icon

    The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

    Check program website for more information about funding options.

    Scholarships

    Merit Based and Need based

    Scholarship Information

    Illinois Tech offers competitive scholarships at both undergraduate and graduate level. Most of our scholarships are merit-based and do not require an additional application. We offer limited need-based scholarship at undergraduate level.

    Amount/ Range

    • 1000 USD to 15000 USD

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