Master of Science [M.S] (Financial Engineering)
Field of Study:
$39,344 /Yr
M.S Financial Engineering from University of Illinois Overview
M.S Financial Engineering from University of Illinois is a 2 Year Program offered at The Grainger College of Engineering. Applications for this program are accepted thrice in a year with deadline of November 1 2025 for Fall 2025 Intake. The Grainger College of Engineering accepts almost all English proficiency exams such as IELTS, TOEFL, Duolingo for international students admission.
M.S Financial Engineering from University of Illinois Fees
The Annual cost of pursuing an M.S Financial Engineering program at the University of Illinois is approximately $65,658, which includes $39,344 in tuition fees and an estimated cost of $20,620 for living expenses inclusive of housing, food and other living expenses.
M.S Financial Engineering from University of Illinois Module
The M.S Financial Engineering from University of Illinois includes the following modules:
| Term | Course Code | Course Title | Credits |
|---|---|---|---|
| Fall (Year 1) | FIN 501 | Asset Pricing Theory | 4 |
| IE 522 | Statistical Learning | 4 | |
| FIN 512 | Financial Derivatives | 4 | |
| IE 523 | Financial Computing | 4 | |
| Spring (Year 1) | IE 525 | Stochastic Calculus | 4 |
| FIN 513 | Quantitative Finance | 4 | |
| FIN 514 | Financial Risk Management | 4 | |
| Elective | Approved Elective | 4 | |
| Fall (Year 2) | IE 583 | MSFE Practicum Project | 4 |
| Elective | Approved Elective | 4 | |
| Elective | Approved Elective | 4 | |
| Elective | Approved Elective | 4 |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $39344 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing and Food | $15730 |
| Personal Expenses | $3090 |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For Fall 2026 Intake | |
Scores Required
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Key Resources for Your Study Abroad Journey
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College Student Profiles
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Go Clean Scholarship | Scholarship per student$ 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$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| BeArt Presets-Academic Scholarship | Scholarship per student$ 2,500/Yr$2,500 | Level Of StudyBachelor | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Deadline For Spring 2026 Intake (15th Feb 2026) | USD 39,344 /Yr |
| ||
Application Deadline For Fall Intake (15th Dec 2025) | USD 24,480 /Yr |
|
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| Program | Important Dates |
|---|---|
| M.S Computer Science | Application Deadline For Fall 2025 Intake (15th Dec 2025) Decision Deadline For Fall 2025 Intake (16th Mar 2026) |
| MS Finance | Round 4 Application Submission Deadline For Fall 2026 Intake (10th Jun 2025) Round 1 Application Submission Deadline For Fall 2026 Intake (25th Jan 2026) Round 2 Application Submission Deadline For Fall 2026 Intake (15th Mar 2026) Round 3 Application Submission Deadline For Fall 2026 Intake (19th Apr 2026) |
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