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Illinois Institute of Technology

Chicago, Illinois, United States

Finance (M.S.)

The global financial industry is evolving rapidly. To stay ahead, successful finance experts need to understand how the industry’s key players—commercial and investment banks, investment management companies, hedge funds, private equity firms, and regulatory agencies—operate and thrive in this environment.

At Stuart School of Business, you can study in a nationally-ranked Master of Science in Finance program in the exciting city of Chicago, home to the world’s largest markets in financial derivatives.

Intakes

  • Jan
  • May
  • Aug

Application Processing Time in Days: 30

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

Our M.S. in Finance degree program will prepare you to step into a variety of specialized finance careers, such as:

Financial or equity analyst
Financial risk manager
Derivative trader or originator
Portfolio or hedge fund manager
Credit risk analyst
Companies that have hired Illinois Tech’s Stuart School of Business finance graduates include:

Chicago Board Options Exchange
Chicago Mercantile Exchange (CME) Group
Ernst & Young
Eurex
Federal Reserve Bank
J.P. Morgan
Morningstar
Northern Trust Corporation
Nuveen Investments

PSW Opportunity

Post-Study Work visa or permit, allowing international students on F-1 visas to work in the US after completing their studies, typically through Optional Practical Training (OPT).

Eligibility:
To be eligible for OPT, students must have been enrolled full-time in a US educational institution for at least one academic year and be seeking work related to their major.

Duration:
Students can apply for up to 12 months of OPT, either before they finish their studies (pre-completion) or after graduation (post-completion).

STEM OPT:
Students in STEM (Science, Technology, Engineering, and Mathematics) fields can apply for an extended OPT period of up to 24 months.

Contact our PSA counselor for more information

Admission Requirement / Eligibility Criteria

Illinois Tech requires a four-year bachelor's degree conferred with a minimum cumulative undergraduate grade-point average of 3.0/4.0 (or its equivalent) from an accredited institution for regular admission. Individual departments may have different requirements, however.

India

Four-year bachelor’s degree in any field; three-year bachelor’s degrees must be conferred in First Class with Distinction from an NAAC Grade “A” Indian institution; other three-year bachelor’s degrees must be accompanied by a two-year master’s degree. (Note: profession qualifications and postgraduate diplomas completed after a bachelor’s degree are not considered sufficient for admission

Provide Illinois Tech an official copy of the English proficiency Duolingo English Test, TOEFL or IELTS score report. The TOEFL code to send your scores to Illinois Tech is 1318. Duolingo English Test can be submitted directly by indicating Illinois Institute of Technology.

TOEFL iBT: 80

IELTS: 6.5

Duolingo: 115

International applicants who are interested in attending Illinois Tech, and who meet academic and financial requirements but do not meet the minimum English proficiency requirements, may be offered conditional admission.

For further enquiry please contact to our PSA cousellor.