Finance (M.S.) | Illinois Institute of Technology

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, students can study in one of the nation’s premier Master of Science in Finance programs in the exciting city of Chicago, home to the world’s largest markets in financial derivatives. They learn the latest industry-relevant ideas and technologies from faculty who are both practitioners and scholars, bringing their career knowledge and understanding of the marketplace directly to the classroom.

Partnerships with alumni and other leaders in the finance industry provide opportunities for students to gain valuable experience as they work on real-world projects, engage in internships at top companies, and network with finance professionals.

Program Overview

In the highly ranked Master of Science in Finance program, students learn the latest industry-relevant ideas and technologies from faculty who bring their career knowledge of the marketplace to the classroom. As a leading financial center, Chicago offers many opportunities for internships and networking.

Career Opportunities

The Master of Science Finance program prepares graduates to step into a variety of specialized careers in the finance industry, including positions such as quantitative financial analyst, financial risk manager, financial engineer, derivative sales and trading manager, portfolio manager, hedge fund manager, corporate financial analyst, financial economist, and more.

Companies that have hired Stuart School of Business finance graduates include:

  • Chicago Board Options Exchange
  • CME Group
  • Eurex
  • Federal Reserve Bank
  • J.P. Morgan
  • Morningstar
  • Northern Trust Corporation
  • Nuveen Investments

The finance program builds on a solid foundation in financial mathematics, statistics, and modeling. A selection of elective concentrations—ranging from corporate finance to high-frequency trading to risk management—allows students to build valuable expertise in industry specializations.

View Details

  • Completed Online Application
  • Official transcript submission with a minimum cumulative undergraduate GPA of 3.0 on a 4.0 scale
  • GMAT or GRE score within five years of testing date. The GRE or GMAT requirement may be waived on a case-by-case basis for highly qualified applicants based on work experience and prior academic performance
  • Official TOEFL or IELTS score, if required. A minimum score of 85 on the internet-based TOEFL, 600 on the paper-based TOEFL, or 7.0 on the IELTS exam is required for admission consideration
  • A one-page professional statement of goals and objectives
  • At least one letter of recommendation from an academic or professional reference

The Chicago Talent Pipeline Scholarship supports motivated individuals to advance their career paths in Chicago’s dynamic finance industry. Domestic candidates for the Master of Science in Finance program may apply for the scholarship, which awards students up to $20,000 toward this degree program.

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