Master of Science [M.S] (Management Science)
Field of Study:
$33,318 /Yr
IIT Chicago M.S Management Science is a 2 years Full Time Master program. This program is offered On Campus. The first year fees for M.S Management Science at IIT Chicago is ₹ 47.77 Lakhs (USD 53400). Earlier in 2023, the M.S Management Science Fee was ₹ 27.56 Lakhs (USD 30816). This shows that the academic fees has increased by ₹ 2020139 (USD 22584).
For admission to M.S Management Science at IIT Chicago, international students need Duolingo-115. The Application Deadline For Fall Intake is 15 June 2026. For more details, check IIT Chicago Admissions 2025
According to Times Higher Education, IIT Chicago ranked 301 out of 990 in Global Ranking.
IIT Chicago M.S Management Science Total Fees 2025
The tuition fee for M.S Management Science at IIT Chicago is USD 53400 per year (₹ 47.77 Lakhs). Meanwhile, the total cost is USD 83016/Year (₹ 74.26 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.
The tuition fee for M.S Management Science at Illinois Institute of Technology is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Tuition Fee | ₹ 47.77 Lakhs | USD 53400 |
The other expenses for M.S Management Science at Illinois Institute of Technology is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Housing Cost | ₹ 10.47 Lakhs | USD 11700 |
| Food | ₹ 4.2 Lakhs | USD 4700 |
| Transportation | ₹ 1.79 Lakhs | USD 2000 |
| Personal and Miscellaneous | ₹ 3.13 Lakhs | USD 3500 |
| Health Insurance | ₹ 2.04 Lakhs | USD 2286 |
| Books and supply | ₹ 83,189 | USD 930 |
| Miscellaneous expenses | ₹ 4.03 Lakhs | USD 4500 |
| Total Cost | ₹ 26.49 Lakhs | USD 29616 |
M.S Management Science Tuition Fee Trends at IIT Chicago
IIT Chicago M.S Management Science Fees for Indian students is ₹ 47.77 Lakhs (USD 53400). This academic fee has increased by ₹ 2020139 (USD 22584) from 2023. Candidates can check the year on year trends in IIT Chicago Fees in the table below.
| Academic Year | Tuition Fees (INR) | Tuition Fees (USD) |
|---|---|---|
| 2024 | ₹ 47.77 Lakhs | USD 53400 |
| 2023 | ₹ 27.56 Lakhs | USD 30816 |
| 2021 | ₹ 25.27 Lakhs | USD 28245 |
IIT Chicago M.S Management Science Application Deadlines & Important Dates
The key dates for the application process for M.S Management Science at IIT Chicago include:
- Application Deadline For Spring Intake is 15 November 2025
- Application Deadline For Summer Intake is 15 March 2026
- Application Deadline For Fall Intake is 15 June 2026
M.S Management Science at IIT Chicago Admission 2025
To be eligible for admission to M.S Management Science at IIT Chicago, applicants must meet specific academic and language requirements.
Academic Eligibility:
- Applicants must have completed an undergraduate degree.
- A minimum cumulative undergraduate GPA of 3.0 on a 4.0 scale.
- GMAT or GRE score within five years of testing date.
Indian Eligibility:
- Applicants must hold a bachelor degree.
- Scores of English Language Proficiency Tests like TOEFL, IELTS.
IIT Chicago M.S Management Science Application Link
IIT Chicago M.S Management Science Application Link; Apply Here
M.S Management Science at IIT Chicago Admission Requirements
For admission to M.S Management Science, IIT Chicago accepts IELTS, TOEFL, Duolingo exam. The average scores among admitted students are typically around: 6.5 in IELTS, 80 in TOEFL, 115 in Duolingo.
M.S in Management Science Fee Comparison
The fee comparison for similar programs like IIT Chicago M.S Management Science are:
| University | Program | First Year Fees in USD | First Year Fees in INR |
|---|---|---|---|
| University of Illinois | MS Finance | USD 42,532 /Yr | INR 38 L/Yr |
| University of San Francisco | M.Sc Financial Analysis | USD 29,140 /Yr | INR 26.1 L/Yr |
| Lewis University | M.S Finance | USD 15,480 /Yr | INR 13.8 L/Yr |
| Roosevelt University | M.S Human Resource Management | USD 26,520 /Yr | INR 23.7 L/Yr |
| Illinois State University | M.S Agriculture - Agricultural Education and Leadership | USD 24,132 /Yr | INR 21.6 L/Yr |
| Northern Illinois University | M.S Financial Risk Management | USD 15,852 /Yr | INR 14.2 L/Yr |
| Saint Xavier University | M.S Finance | USD 29,970 /Yr | INR 26.8 L/Yr |
| DePaul University | M.S Enterprise Risk Management | USD 24,330 /Yr | INR 21.8 L/Yr |
Important Alert
- Last Day to Submit Financial Documentation for Spring intake - Dec 1, 2026
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $33318 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing Cost | $11700 |
| Food | $4700 |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $53400 |
| 2023 | $30816 |
| 2021 | $28245 |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For Summer Intake | |
| Last Day to Submit Financial Documentation for Summer intake | |
| Application Deadline For Fall Intake | |
| Last Day to Submit Financial Documentation for Fall intake | |
| Application Deadline For Spring Intake | Jul 1, 2026 - Nov 15, 2026 |
| Last Day to Submit Financial Documentation for Spring intake | Dec 1, 2026 |
Scores Required
Required Document List
Required Documents are as follows:
- Completed Online Application
- Official TOEFL or IELTS score, if required.
- A one-page professional statement of goals and objectives
- At least one letter of recommendation from an academic or professional reference.
Key Resources for Your Study Abroad Journey
Course Guides
Best MS Courses in USA for International Students in 2025
Masters (MS) in USA: Colleges, Courses, Deadlines, Eligibility & Fees
MS in USA With Low GPA: Universities, Requirements, and Admissions
Career and Placement after Course
The program’s graduates are in positions at universities, organizations, and companies, such as:
- Air Products
- Bank of America
- Benedictine University
- BMO Harris Bank
- Envestnet Asset Management
- Illinois Tech
- Northeastern Illinois University
College Student Profiles
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| QS Connect Master’s Scholarship | Scholarship per student$ 5,000/Yr$5,000 | Level Of StudyMaster | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student$ 3,500/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Novus Biological Scholarship Program | Scholarship per student$ 1,500/Yr$1,500 | Level Of StudyAssociate | TypeMerit-Based | |
| Washington DC Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| TEC Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Fall 2027 intake application deadline (1st Apr 2027) Spring 2028 intake application deadline (1st Sep 2027) | USD 43,530 /Yr |
| ||
-- | USD 29,140 /Yr | |||
-- | USD 15,480 /Yr |
| ||
-- | USD 26,520 /Yr |
| ||
-- | USD 24,132 /Yr |
|
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