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QS Rank:

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601

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Illinois Institute of Technology

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Illinois

United States

The Master of Science in Finance program at the Illinois Institute of Technology is a comprehensive and challenging course designed to equip students with the necessary skills and knowledge to excel in the complex world of finance. Spanning over 24 months, this rigorous program dives deep into various aspects of finance, including investment analysis, financial modeling, risk management, and corporate finance, among others. This program is not just about understanding financial theories; it's about applying them in real-world scenarios, making graduates highly sought after by employers across the globe.


At the heart of this program is a robust curriculum that integrates rigorous academic training with practical application. Core courses such as Financial Theory, Investment Management, and Financial Instruments provide students with a solid foundation. Additionally, specialized electives like Behavioral Finance and Financial Risk Management allow students to tailor their education to their career aspirations. The curriculum is continually updated to reflect the latest trends in the financial sector, ensuring students remain relevant in an ever-evolving field.


The teaching methodology employed at the Stuart School of Business is characterized by a combination of traditional coursework, hands-on projects, and interactive discussions. Faculty members are not just educators; they are seasoned professionals with extensive experience in finance and academia. Many of them engage in cutting-edge research, allowing students to learn from the latest developments in the field. This blend of theory and practice fosters a dynamic learning environment where students are encouraged to think critically and innovate.


Research opportunities are a cornerstone of the MS in Finance program. The school boasts high-end labs equipped with advanced financial software and tools, providing students with the ability to engage in substantial research projects. Faculty members often collaborate with students, allowing them to contribute to meaningful research that can impact the finance industry. This hands-on approach not only reinforces learning but also enhances students' resumes, giving them a competitive edge in the job market.


Moreover, the Illinois Institute of Technology has established strong connections within the finance industry, offering students valuable internship opportunities. These internships are often gateways to full-time positions post-graduation, as students gain practical experience and network with professionals. The program's focus on experiential learning means that students don’t just study finance; they live it, gaining insights that can only be acquired through real-world application.


Career pathways for graduates of the Master of Science in Finance program are diverse and promising. Alumni have successfully pursued roles in investment banking, asset management, corporate finance, and risk assessment, among others. The program boasts a high graduate employability rate, which is a testament to the quality of education and training provided. Students are often recruited by top firms, reflecting the program's strong reputation within the finance sector.


Alumni success stories further underline the program's effectiveness. Graduates of the MS in Finance have gone on to occupy senior positions in leading financial institutions, and many have received accolades for their contributions to the industry. Testimonials from alumni highlight the transformative impact of the program, with many noting how the skills and knowledge gained at Illinois Tech have empowered them to achieve their career goals.


Studying Finance at Illinois Tech offers a unique educational experience marked by several exclusive features. The program fosters a diverse and inclusive learning environment, attracting international students from across the globe. This diversity enriches discussions and perspectives, preparing students to work in increasingly globalized markets. Furthermore, the school's commitment to incorporating technology into finance education sets its graduates apart, ensuring they are well-equipped for the digital age of finance.


To succeed in this program, prospective students should possess a strong background in mathematics and quantitative skills. While specific prerequisites may vary, foundational knowledge in finance, accounting, or economics is beneficial. Additional requirements include a completed application with a fee of $100, and proof of English proficiency through standardized tests such as IELTS, PTE, or TOEFL. Admission criteria are designed to ensure that candidates are adequately prepared for the challenges of graduate-level finance education.


Why Study Master of Science in Finance at Illinois Institute of Technology:


  • Renowned Faculty: Learn from experienced professionals and academic leaders who bring real-world insights into the classroom.
  • Hands-On Learning: Engage in practical projects and research that reinforce theoretical concepts.
  • Strong Industry Connections: Benefit from established partnerships with top firms, leading to lucrative internship and job opportunities.
  • Diverse Community: Experience a rich cultural environment that enhances collaboration and networking among students from various backgrounds.
  • High Employability Rate: Graduates are highly competitive in the job market, with a strong track record of placements in reputable organizations.
  • Innovative Curriculum: Study a program that is regularly updated to reflect the latest trends and technologies in the finance sector.
intake

Duration

24 Months

Ranking

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#735

US World and News Report

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#601

QS World University Rankings

Class Profile

Diversity

International:

10%

African American:

10%

Asian:

26%

Hispanic:

10%

White:

54%

Eligibility Criteria

English Proficiency Tests

  • IELTS

    6.5

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  • PTE

    63

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  • TOEFL

    90

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

intake

Application Fee: 100

      Application Deadlines

      Fees and Funding

      intake

      Tuition Fees

      $28,248 / year

      FAQs

      • To apply for the Master of Science in Finance program at the Illinois Institute of Technology, prospective students need to meet the following admissions requirements:

        1. Complete an application along with a fee of $100.
        2. Provide proof of English proficiency through standardized tests such as IELTS, PTE, or TOEFL.

        While specific prerequisites may vary, a strong background in mathematics and quantitative skills is essential. Additionally, foundational knowledge in finance, accounting, or economics is beneficial to ensure adequate preparation for the program.

      • The Master of Science in Finance program is a comprehensive course that spans over 24 months. The program includes core courses that provide a solid foundation in finance, such as:

        • Financial Theory
        • Investment Management
        • Financial Instruments

        In addition to core courses, students have the opportunity to select specialized electives, including:

        • Behavioral Finance
        • Financial Risk Management

        This flexible structure allows students to tailor their education to fit their career aspirations while ensuring they are equipped with the latest trends and knowledge in the financial sector.

      • The teaching methodology at the Stuart School of Business combines various approaches to enhance learning. Students can expect:

        • Traditional coursework to build foundational knowledge.
        • Hands-on projects that apply theoretical concepts in practical scenarios.
        • Interactive discussions that encourage critical thinking and innovation.

        Faculty members are seasoned professionals with extensive experience in finance and academia, providing students with insights from the latest developments in the field. This blend of theory and practice creates a dynamic learning environment.

      • Several key highlights make the Master of Science in Finance program at Illinois Tech stand out:

        • Renowned Faculty: Learn from experienced professionals and academic leaders.
        • Hands-On Learning: Engage in practical projects and research that reinforce theoretical concepts.
        • Strong Industry Connections: Benefit from established partnerships with top firms, leading to lucrative internship and job opportunities.
        • Diverse Community: Experience a rich cultural environment that enhances collaboration among students from various backgrounds.
        • High Employability Rate: Graduates are highly competitive in the job market.
        • Innovative Curriculum: Regularly updated to reflect the latest trends and technologies in the finance sector.

      • Graduates of the Master of Science in Finance program have a wide range of career pathways available to them. Some of the roles alumni have successfully pursued include:

        • Investment Banking
        • Asset Management
        • Corporate Finance
        • Risk Assessment

        The program boasts a high graduate employability rate, which reflects the quality of education and training provided. Many students are recruited by top firms, highlighting the program's strong reputation in the finance sector.

      • Research opportunities are a significant aspect of the MS in Finance program. Key features include:

        • Access to high-end labs equipped with advanced financial software and tools.
        • Collaboration with faculty members on substantial research projects.
        • Engagement in meaningful research that can impact the finance industry.

        This hands-on approach not only reinforces learning but also enhances students' resumes, providing them with a competitive edge in the job market.

      • The Master of Science in Finance program at Illinois Tech offers several unique features that enhance the educational experience:

        • A diverse and inclusive learning environment, attracting international students and enriching discussions.
        • A commitment to incorporating technology into finance education, preparing graduates for the digital age of finance.
        • A strong focus on experiential learning, allowing students to gain insights through real-world applications.

        These aspects collectively contribute to a holistic educational experience that prepares students for successful careers in finance.

      • The curriculum for the Master of Science in Finance program is continually updated to reflect the latest trends in the financial sector. This ensures that students receive education that is not only theoretical but also applicable to real-world scenarios. The integration of:

        • Core courses that lay a solid foundation in essential finance topics.
        • Specialized electives that address emerging areas in finance.

        keeps the program aligned with industry demands, equipping graduates with the knowledge needed to excel in a rapidly evolving field.

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