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QS Rank:

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69

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University of Illinois at Urbana-Champaign

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Illinois

United States

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Program Rank

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40

The Master of Science in Finance Program at UIC Business Liautaud Graduate School is a STEM designated program*, just steps from the Chicago Loop – the city’s financial district. As an MSF student, you will gain a solid foundation in the principles of modern finance and specialize your coursework in a sought after field. You will also have the opportunity to perform coursework in our Market Training Lab, a virtual trading center featuring state-of-the art industry software including Bloomberg terminals.

The MSF Program provides a strong foundation in the principles and practice of modern finance. The program introduces the latest concepts and issues affecting today’s financial professionals.

STEM-designation: The program is STEM (Science, Technology, Engineering, and Mathematics) designated for its focus on advanced quantitative skills.

Fast-paced and flexible: Thirty-two credit hour degree program that can be completed in one year of full-time study or more than one year of part-time study. Students may be assigned additional prerequisite coursework depending upon their academic background.*

Areas of Specialization:

The program offers tracks including:

  1. Corporate Finance
  2. Asset Management
  3. Commodities, Derivatives and Financial Exchanges
  4. Banking & Capital Markets


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Total Tuition Fees

$66,300

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Duration

18 Months

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Median Salary

$1,10,000

Ranking

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#41

US World and News Report

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#48

The World University Rankings

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#69

QS World University Rankings

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Intake

Fall ( Sept - Nov )

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Spring ( Apr - June )

Class Profile

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Class Size

130

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Average Age

25

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Average Work Experience

3 Years

Diversity

Black or African American:

14%

Hispanic or Latino:

6%

Others:

3%

White:

64%

Asian:

11%

Two or more races:

2%

Career Outcomes

The master's in finance at Gies Business prepares you to begin a purposeful career. The Office of Career and Professional Development assists by providing a range of professional advising and career resources.

As an MSF student, you will benefit from a team of professionals dedicated to supporting your success through services that include résumé review, practice interviews, one-on-one advising, career fair preparation, company information sessions, and virtual alumni conversations.


Positions Filled by MSF Graduates (2015-2022)

  • Business analyst
  • Credit risk associate
  • Equity research analyst
  • Investment analyst
  • Risk analyst


View more job titles

  • Associate, valuation services
  • Data analyst
  • Financial advisor associate
  • Financial analyst
  • Investment banking analyst
  • Investment research analyst
  • Management trainee
  • Model validation analyst
  • Product analyst
  • Risk management associate
  • Strats analyst
  • Trading Assistant


To know more click here

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Median Earnings After Graduation

$1,10,000 / year

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Graduation Rate

85%

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Job Placement

88%

Prospective Job Roles

Financial Advisor

Financial Analyst

Accountant

Auditor

Investment Banker

Manager of Finance

Actuary

Trader

Business Analyst

Credit Risk Analyst

China Finance Analyst

Finance

Director of Finance

Vice President of Finance

Top recruiters

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Eligibility Criteria

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At least 3 / 4 undergraduate GPA is expected.

English Proficiency Tests

  • TOEFL

    80

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  • IELTS

    6.5

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  • PTE

    54

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Standardised Test Score

  • GRE

    320

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  • GMAT

    600

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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.

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Application Fee: 90

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    Transcript

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    GRE

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    Passport

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    Statement of Purpose

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    Resume

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    IELTS

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    Class 12 Marksheets

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    Academic LOR

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    Professional LOR

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    Class 10 Marksheets

Application Deadlines

Early Action 1Final DeadlineStandard DeadlineRound 3
SpringSep 15, 2024Oct 20, 2024N/AN/A
FallN/AJun 8, 2025Mar 16, 2025Apr 20, 2025

Fees and Funding

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Tuition Fees

$66,300 / year

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Overall Cost

$1,08,000 / year

Funding Options

Department Funding

Scholarships

This MSF program offers a limited number of scholarships to program participants. Scholarship allocations are made with particular emphasis on recruiting high caliber students from diverse backgrounds. All students are considered for Merit Scholarships. Decisions regarding scholarship awards will be made shortly after the admission decisions are released. Recipients will be notified via email.

FAQs

  • The MSF program seeks students with strong quantitative skills, which can more easily be assessed with a GMAT or GRE score. The average scores for our admitted students are 680 for the GMAT and 320 for the GRE. We do not have a minimum requirement, and both tests are acceptable.

  • Professional work experience is recommended, not required. However, all students admitted to the MSF program have some type of work experience. High-quality summer internships and part-time work experience might be enough to compensate for less than two years of full-time work experience if other credentials are sufficiently strong. While the MSF Admissions Committee places a strong emphasis on admitting students with at least 2 years of professional work experience following their undergraduate degree, applicants with less work experience and strong academic credentials are also encouraged to apply.

  • In some cases graduates of our MSF program decide to pursue an academic career and continue on to a doctoral program in finance. Although this is not a traditional route that most students take, we do offer a specialization track in finance research to help those who are interested in pursuing a career in academia. The PhD program at Gies is extremely competitive, admitting only 4 or 5 new students a year from several hundred applicants. For more information visit PhD in Finance.

  • No. The GMAT/GRE test scores are a strong indication of the quantitative and verbal skills of an applicant. While the committee considers the composite application of each applicant, an official GMAT or GRE score must be included.

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