Illinois Institute of Technology MS Finance: Fees, Living Costs, Test Scores, Visa Process, Work during Study, Entry Requirements.

Master of Science [M.S] [Finance] From Illinois Institute of Technology

Chicago, IllinoisLocation
UniversitySchool type
Estd1890established year
7164enrollment
Private (Not for Profit)
7.4/10

Master of Science [M.S] (Finance)

2 years
Full Time
On Campus

Field of Study

Ranked #401 out of 1501 by THE Global Ranking 2023

$53,400 /Yr

15 Students Applied
14 Students Admitted

In the Master of Science in Finance program, students learn the latest industry-relevant ideas and technologies from faculty who bring their career knowledge of the marketplace to the classroom. The Master of Science Finance program prepares graduates to step into a variety of specialized careers in the finance industry, including positions such as quantitative financial analyst, financial risk manager, financial engineer, corporate financial analyst, credit risk analyst, financial analytics, and more.


Important Dates

EventApplication Date
Application Deadline For Fall 2024 Intake Jun 15, 2024
Application Deadline For Spring 2025 Intake Nov 15, 2024
Application Deadline For Summer 2025 Intake Mar 15, 2025

Tuition Fees

Year1st Year Fees
Tuition Fees$53400

Other Expenses

HeadAvg Cost Per Year
Health Insurance$2286
Books and supply$930
Miscellaneous expenses$4500
Total Cost$7716

Eligibility & Entry Requirement

Academic Eligibility:

  • Applicants should hold a bachelor’s degree, or its equivalent, from a recognized university.
  • The cumulative undergraduate grade-point average of 3.0/4.0 or higher
  • Students must be qualified in IELTS or TOEFL to get admission to this program.
  • Submission of GRE or GMAT score is not required for all master’s programs for 2021.

Indian Student Eligibility:

Indian students are eligible to apply if they meet one of the following eligibility criteria:

  • Completed a 4-year UG degree with first class in a relevant field from a recognized institution.
  • Completed a master’s degree with first-class in a relevant field from a recognized institution.

Scores Required

7 / 9

Avg. Score in

IELTS

85 / 120

Avg. Score in

TOEFL

298 / 340

Avg. Score in

GRE

600 / 800

Avg. Score in

GMAT


Required Document List

Here are the Document requirements for the Master of Science in Finance program:

  • Completed Online Application: You need to submit a completed online application for admission.
  • Official Transcript Submission: Provide official transcripts from your undergraduate institution(s). The transcripts should demonstrate a minimum cumulative undergraduate grade-point average (GPA) of 3.0 on a 4.0 scale.
  • No GMAT or GRE Scores Required: The program does not require GMAT or GRE scores as part of the admission process.
  • Statement of Purpose: Submit a one-page statement of purpose that outlines your goals and objectives related to the program.
  • English Proficiency Exam (If Required): If the program has an English proficiency requirement for international applicants or applicants whose native language is not English, you should meet this requirement. Please check the specific program's requirements regarding the English proficiency exam.

Ranking

2023

Times Higher Education logo
Finance 401 out of 1501 in Global Ranking
( #52 out of 161 in USA 2023)

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Application Deadline For Fall 2024 Intake (15th Jun 2024)
Application Deadline For Spring 2025 Intake (15th Nov 2024)
Application Deadline For Summer 2025 Intake (15th Mar 2025)
USD 53,400 /Yr
  • IELTS: 6.5
  • TOEFL: 90
  • GRE: 304
  • PTE: 63
Application Deadline For Winter 2025 Intake (1st Oct 2024)
Application Deadline For Spring 2025 Intake (1st Feb 2025)
Application Deadline For Summer 2025 Intake (1st Apr 2025)
Application Deadlilne For Fall 2025 Intake (15th Aug 2025)
USD 35,760 /Yr
  • IELTS: 6.5
  • TOEFL: 80
  • PTE: 53
  • Duolingo: 115
  • GMAT: 500
Round 1 Application Deadline For Spring Intake (15th Oct 2024)
Round 1 Application Deadline For Fall Intake (15th Nov 2024)
Round 2 Application Deadline For Spring Intake (15th Nov 2024)
Round 2 Application Deadline For Fall Intake (15th Jan 2025)
Round 3 Application Deadline For Fall Intake (15th Mar 2025)
Round 4 Application Deadline For Fall Intake (15th May 2025)
Round 5 Application Deadline For Fall Intake (15th Jun 2025)
USD 29,140 /Yr
  • IELTS: 6.5
  • TOEFL: 90
  • PTE: 61
  • GMAT: 650
USD 31,800 /Yr
  • IELTS: 6.5
  • TOEFL: 80
  • PTE: 54
  • GRE: 318
Application Deadline For Fall Intake (1st May 2024)
Application Deadline For Spring Intake (1st Oct 2024)
USD 29,970 /Yr
  • GMAT: 550
  • IELTS: 6.5
  • TOEFL: 80

Career and Placement after Course

Top Employee Chicago Board Options Exchange | Chicago Mercantile Exchange (CME) Group | Ernst & Young | Eurex
Average Base Salary USD 144000 (INR 11985177)
Career Outcomes After completing from illinois institute of technology ms finance program you can start your career in such diverse areas as : Financial or equity analyst | Financial risk manager | Derivative trader or originator | Portfolio or hedge fund manager | Credit risk analyst

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
QS Connect Master’s ScholarshipScholarship per student$ 5,000/Yr$5,000Level Of StudyMasterTypeMerit-Based
Collegedunia $150 Scholarship ProgramScholarship per student$ 150/Yr$150Level Of StudyBachelorTypeMerit-Based
Comindware ScholarshipScholarship per student$ 4,000/Yr$4,000Level Of StudyApprenticeshipTypeMerit-Based
YouAreWelcomeHere ScholarshipsScholarship per studentVariable AmountLevel Of StudyApprenticeshipTypeTuition-Fee-Waiver
Scholarships in CaliforniaScholarship per student$ 1,000/Yr$1,000Level Of StudyApprenticeshipTypeCollege-Specific
Go Clean ScholarshipScholarship per student$ 3,500/Yr$3,500Level Of StudyBachelorTypeMerit-Based


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