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

IIT Chicago M.S Finance is a 2 years Full Time Master program. This program is offered On Campus, requiring a successful completion of 33 credits. The first year fees for M.S Finance at IIT Chicago is ₹ 26.27 Lakhs (USD 29370). Earlier in 2023, the M.S Finance Fee was ₹ 27.56 Lakhs (USD 30816). This shows that the academic fees has decreased by ₹ 129344 (USD 1446).

For admission to M.S Finance at IIT Chicago, international students need GPA 3.0, IELTS 6.5, TOEFL 80, 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 401 out of 1501 in Global Ranking.

IIT Chicago M.S Finance Total Fees 2025

The tuition fee for M.S Finance at IIT Chicago is USD 29370 per year (₹ 26.27 Lakhs). Meanwhile, the total cost is USD 57986/Year (₹ 51.87 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.

The tuition fee for M.S Finance at Illinois Institute of Technology is as follows:

Expense Type	Average Cost (INR)	Equivalent (USD)
Tuition Fee	₹ 26.27 Lakhs	USD 29370
Application Fee	₹ 8,945	USD 100

The other expenses for M.S Finance 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	₹ 3.13 Lakhs	USD 3500
Total Cost	₹ 25.6 Lakhs	USD 28616

M.S Finance Tuition Fee Trends at IIT Chicago

IIT Chicago M.S Finance Fees for Indian students is ₹ 26.27 Lakhs (USD 29370). This academic fee has decreased by ₹ 129344 (USD 1446) 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	₹ 26.27 Lakhs	USD 29370
2023	₹ 27.56 Lakhs	USD 30816
2021	₹ 47.64 Lakhs	USD 53262

IIT Chicago M.S Finance Application Deadlines & Important Dates

The key dates for the application process for M.S Finance 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 Finance at IIT Chicago Admission 2025

To be eligible for admission to M.S Finance at IIT Chicago, applicants must meet specific academic and language requirements.

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)

IIT Chicago M.S Finance Application Link

IIT Chicago M.S Finance Application Link; Apply Here

M.S Finance at IIT Chicago Admission Requirements

For admission to M.S Finance, 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 Finance Fee Comparison

The fee comparison for similar programs like IIT Chicago M.S Finance are:

University	Program	First Year Fees in USD	First Year Fees in INR
Illinois Institute of Technology	Master of Mathematical Finance	USD 53,400 /Yr	INR 47.8 L/Yr
DePaul University	M.B.A Finance	USD 35,760 /Yr	INR 32 L/Yr
University of San Francisco	M.S/M.B.A Financial Analysis	USD 29,140 /Yr	INR 26.1 L/Yr
University of Illinois	MS Finance	USD 42,532 /Yr	INR 38 L/Yr
Saint Xavier University	M.B.A Financial Fraud Examination and Management	USD 29,970 /Yr	INR 26.8 L/Yr
Lewis University	M.S Finance	USD 15,480 /Yr	INR 13.8 L/Yr
Northern Illinois University	M.S Finance	USD 38,370 /Yr	INR 34.3 L/Yr

Also Check:

• IIT Chicago Courses and Fees 2025
• IIT Chicago Reviews