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

Illinois Institute of Technology Master of Science [M.S] Finance Fees, Deadlines, Eligibility etc.

Chicago, IllinoisLocation
UniversitySchool type
Estd1890established year
7164enrollment
Private (Not for Profit)
7.7/10

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

$29,370 /Yr

15 Students Applied
14 Students Admitted

Important Alert

  • Application Deadline For Spring 2026 Intake - Nov 15, 2025

Tuition Fees

Year1st Year Fees
Tuition Fees$29370

Other Expenses

HeadAvg Cost Per Year
Average Housing Cost$9286
Food$2080

Tuition fee per credit: $1780

Previous Year Tuition Fees

Year1st Year Fees
2023$30816
2021$53262

Important Dates

EventApplication Date
Application Deadline For Fall 2025 Intake Jun 15, 2025
Application Deadline For Spring 2026 Intake Nov 15, 2025
Application Deadline For Summer 2026 Intake Mar 15, 2026

Term-Wise Course Modules

Term

Course Code

Course Title

Credits

1

MSF 501

Mathematics with Financial Applications

3

MSF 502

Statistical Analysis in Financial Markets

3

MSF 503

Financial Modeling

3

2

MSF 504

Valuation and Portfolio Management

3

MSF 505

Futures, Options, and OTC Derivatives

3

MSF 506

Financial Statement Analysis

3

3

Concentration Course 1

[Select from chosen concentration]

3

Concentration Course 2

[Select from chosen concentration]

3

Concentration Course 3

[Select from chosen concentration]

3

4

Elective Course 1

[Select from approved electives]

3

Elective Course 2

[Select from approved electives]

3


Eligibility & Entry Requirement

Category

Details

School

Stuart School of Business

Course Duration

2 years

Total Credits

33

Academic Requirements

Applicants must have a bachelor’s degree with a minimum cumulative grade-point average of 3.0 on a 4.0 scale

English Proficiency Score

  • IELTS Overall score of 6.5 with minimum score of 6.0 in each component.
  • TOEFL iBT Overall score of 80 with minimum score of 20 in each component.
  • Duolingo Overall score of 115 with minimum score of 115 in each component.

Application Fee

$100

Application Link

https://apply.illinoistech.edu/apply/?sr=8413d171-84fa-4644-94c4-4282a46a20fa

Documents Required

  • Completed online application
  • Application Fee
  • Official transcripts 
  • No GMAT or GRE scores required
  • A one-page statement of purpose, with goals and objectives
  • English proficiency exam scores 
  • Bank statement (The statement should be officially certified and signed by a bank official)
  • A copy of your passport
  • Students Visa (if available)

Scores Required

6.5 / 9

Avg. Score in

IELTS

80 / 120

Avg. Score in

TOEFL

115 / 160

Avg. Score in

Duolingo

100

Application Fees

33

ECTS Credits


Ranking

2023

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

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TOP Scholarships

Scholarship nameAward amountEligibility
Merit-based scholarshipVariesMerit Based



Comments


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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Ritchie-Jennings Memorial Scholarship ProgramScholarship per student$ 10,000/Yr$10,000Level Of StudyBachelorTypeMerit-Based
Business Administration ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
University of Utah ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
QS scholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
SWE ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Jane M. Klausman Women in Business ScholarshipScholarship per student$ 5,000/Yr$5,000Level Of StudyBachelorTypeMerit-Based

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Application Deadline For Summer 2025 Intake (15th Mar 2025)
USD 53,400 /Yr
  • IELTS: 6.5
  • TOEFL: 80
  • Duolingo: 115
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 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
  • TOEFL: 90
  • IELTS: 6.5
  • PTE: 61
  • Duolingo: 120
Round 4 Application Deadline For Fall 2025 Intake (8th Jun 2025)
Round 1 Application Deadline For Fall 2026 Intake (19th Jan 2026)
Round 2 Application Deadline For Fall 2026 Intake (16th Mar 2026)
Round 3 Application Deadline For Fall 2026 Intake (20th Apr 2026)
USD 42,532 /Yr
  • IELTS: 6.5
  • TOEFL: 80
  • PTE: 54
  • GRE: 300
--
USD 29,970 /Yr
  • GMAT: 550
  • IELTS: 6.5
  • TOEFL: 80

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