Master of Science [M.S] (Financial Risk Management)
$15,852 /Yr
M.S. in Financial Risk Management from Northern Illinois University – Overview
NIU’s STEM-designated M.S. in Financial Risk Management prepares students for careers in portfolio and risk analysis using tools like R and Python. As a GARP partner, it includes FRM exam prep and Bloomberg certifications. Scholarships via NIU and GARP offer tuition support and exam fee coverage. The university has a 59% acceptance rate and 92% employment rate. Applications are accepted on a rolling basis; fee is $60.
M.S. in Financial Risk Management from Northern Illinois University – Fees
The estimated total cost for international students is approximately $38,100 ($1321 per credit), which includes tuition 15852 (for 12 credit hours) and an estimated living cost $22248 includes Transportation, Meal,Housing cost and other fees.
M.S. in Financial Risk Management from Northern Illinois University – Dates
NIU operates on a rolling admissions basis, meaning there is no fixed priority deadline. Applications are reviewed until program capacity is reached. International applicants are encouraged to apply early to allow sufficient time for visa processing.
M.S. in Financial Risk Management – Curriculum Overview
|
Course Type |
Course Code |
Module (Course Title) |
|
Required Courses |
FINA 607 |
Financial Analysis |
|
FINA 620 |
Investment Fundamentals |
|
|
FINA 630 |
Analysis of Fixed Income Securities |
|
|
FINA 650 |
Fundamentals of Financial Markets |
|
|
FINA 674 |
Financial Risk Management I |
|
|
FINA 675 |
Financial Modeling |
|
|
Subtotal Required Credits |
||
|
Elective Courses |
Varies |
Students must complete 12 credit hours of elective courses. This allows for specialization in areas of interest, including further study in risk management if advanced courses are offered. Examples of potential electives include: |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $15852 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Living Expenses | $22248 |
| Total Cost | $22248 |
1321.02 per credit hour
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2023 | $17876 |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For Fall 2023 Intake | |
| Application Deadline For Spring 2024 Intake | |
Scores Required
TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Graduate Assistantships | 17000 | Have a minimum cumulative grade point average of 3.0 and be in good academic standing. |
Key Resources for Your Study Abroad Journey
Course Guides
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College Student Profiles
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Jane M. Klausman Women in Business Scholarship | Scholarship per student$ 5,000/Yr$5,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Ritchie-Jennings Memorial Scholarship Program | Scholarship per student$ 10,000/Yr$10,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 2,000/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| VueVille Future Technology Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| R&D Systems Scholarship | Scholarship per student$ 1,500/Yr$1,500 | Level Of StudyBachelor | TypeMerit-Based | |
| QS Connect Master’s Scholarship | Scholarship per student$ 5,000/Yr$5,000 | Level Of StudyMaster | TypeMerit-Based |
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|
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