University of Illinois MS in Financial Engineering: Fees, Living Costs, Test Scores, Visa Process, Work during Study, Entry Requirements.

Master of Science [M.S] [Financial Engineering] From University of Illinois

Urbana, IllinoisLocation
UniversitySchool type
Estd1867established year
43283enrollment
Public
7.6/10

Master of Science [M.S] (Financial Engineering)

24 months
Full Time
On Campus

Field of Study

$47,100 /Yr
Go to official website
23 Students Applied
18 Students Admitted

Important Dates

EventApplication Date
Application Deadline For Fall 2025 Intake Jun 30, 2024

Tuition Fees

Year1st Year Fees
Tuition Fees$47100

Other Expenses

HeadAvg Cost Per Year
Room and Board$13314
Total Cost$13314

Previous Year Tuition Fees

Year1st Year Fees
2023$29034
2021$70650

Eligibility & Entry Requirement

Acceptance Rate 45%
Academic Requirement Applicants must have a bachelor’s degree with one year of calculus, one semester of linear algebra and differential equations, one semester of programming (preferably in C/C++), and one semester of probability and statistics
English Language Proficiency Score TOEFL iBT : 79 | IELTS : 6.5 |  Duolingo : 115
Documents Required
  • Online Application Form
  • Upload certified transcripts and degree certificates to your application
  • Provide a resume with exact dates of employment
  • Provide 3 letters of reference (They must be sent electronically from a university or company email address, be signed and appear on official letterhead)
  • Provide a purpose statement (In 300 words or less, describe your area of interest and what your goals are upon completion of the MSFE program)
  • Provide a short video, no more than 2 minutes in length
  • Proof of English Proficiency Score
  • A copy of your passport
  • Students Visa (if available)
Application Deadline APRIL 15th, 2024
Application Fee USD 90 (INR 7488)
Decision Time Within 2 weeks
Interview Online

Scores Required

79 / 120

Avg. Score in

TOEFL

115 / 160

Avg. Score in

Duolingo

3.25 / 4

Minimum gpa

GPA


Ranking

202420232022202120202019201820172016

QS World University logo
Finance 51 out of 351 in Global Ranking
( #17 out of 70 in USA 2024)

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Similar Programs

ProgramImportant DateTotal FeesMedian Exams Score
Application Deadline For Fall 2025 Intake (30th Jun 2024)
USD 37,524 /Yr
  • TOEFL: 104
  • IELTS: 6
Application Deadline For Spring Intake (1st Nov 2024)
Application Deadline For Summer Intake (1st May 2025)
Application Deadline For Fall Intake (1st Jul 2025)
USD 25,625 /Yr
  • IELTS: 7
  • TOEFL: 92
  • GRE: 317
  • PTE: 54

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Career and Placement after Course

The careers after graduation are:

  • Financial engineer
  • Investment manager
  • Portfolio manager
  • Risk manager
  • Trading strategist
  • Financial manager, etc.

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
QS scholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Business Administration ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
University of Utah ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
BeArt Presets-Academic ScholarshipScholarship per student$ 2,500/Yr$2,500Level Of StudyBachelorTypeMerit-Based
SWE ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Jane M. Klausman Women in Business ScholarshipScholarship per student$ 5,000/Yr$5,000Level Of StudyBachelorTypeMerit-Based


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