NA
Avg. GMAT
NA
Work Experience
$51K
Avg. Cost of Study
15
Months Duration
$80K
Avg. Salary
Introduction to Illinois MSc in Finance
At Gies, they deliver a STEM-designated Master of Science in Finance (MSF) degree that thoroughly prepares students for the dynamic world of finance. Their comprehensive, flexible, and cutting-edge curriculum is taught by faculty experts and industry leaders.
Students arrive with different backgrounds and different levels of expertise in finance, so our 15-month program has built-in flexibility to deliver an education and experience that fits your needs. When you arrive on campus, they will work with you to assess your skills and interests and place you in the classes that will prepare you for success.
Why Study Illinois MSc in Finance?
63
QS Ranking
Unleash Your Financial Prowess with the University of Illinois’ Master of Science in Finance (MSF)
In the dynamic world of finance, where fortunes are made and lost in the blink of an eye, expertise is the key to unlocking opportunities and achieving your financial ambitions. The University of Illinois’ Master of Science in Finance (MSF) program is your gateway to a world of possibilities, empowering you to navigate the intricate landscapes of finance with confidence and precision.
Embrace Rigorous Academics and Real-World Experience
MSF program is not just about learning abstract theories; it’s about immersing yourself in the practicalities of finance, guided by a faculty of renowned scholars and experienced practitioners. You’ll delve into the intricacies of financial analysis, corporate finance, investments, and international finance, equipping yourself with the knowledge and skills to make informed decisions that shape the financial landscape.
Forge Industry Connections and Elevate Your Career
The University of Illinois boasts an extensive network of alumni and corporate partners, opening doors to a wealth of internship and networking opportunities. Imagine stepping into the shoes of a financial analyst at a Fortune 500 company, gaining invaluable hands-on experience and forging connections that will propel your career forward.
Program Costs + Living Expenses : Illinois MSc in Finance
$24,321
Avg. Cost of Tuition
+
$27,500
Avg. Living Cost/Quarter
Avg. Cost of Study
The living expenses for student will vary depending on their individual lifestyle and spending habits. However, as a general guideline, students can expect to spend around $25,000-$30,000 per year on living expenses. This includes housing, food, transportation, utilities, personal care, and entertainment.
Employment Prospects: Illinois MSc in Finance
Employed within 6 months of graduation
Avg. Salary
Most Sought-after Jobs
Associate, Valuation Services
Business Analyst
Credit Risk Associate
Data Analyst
Equity Research Analyst
Financial Advisor Associate
Financial Analyst
Investment Analyst
Application details for Illinois MSc in Finance
To apply online for the MSF program, follow these steps:
Begin the Graduate College Application:
- Complete the application online, selecting Finance as your program and Finance – MS as the degree.
Upload Unofficial Transcripts:
- Include transcripts with your name, institution name, and a legend or grade scale.
- International candidates must also provide a copy of their degree certificate or provisional certificate.
Submit GMAT or GRE Score:
- Upload unofficial scores, but official scores must be sent directly to the University (Institution Code – 1836).
English Proficiency Scores (International Students Only):
- Upload unofficial TOEFL or IELTS scores.
- TOEFL scores of 103 or greater or IELTS scores of 7.5 or greater are required.
Upload Resume:
- Include personal information, educational background, work experience, internship experience, and leadership experiences. Limit to one page.
Submit Academic Statement of Purpose (Spring 2024 Applicants Only):
Limit to 300 words, answering specific questions related to finance interests, post-MSF goals, and career choices.
For Fall 2024 and Beyond Applicants:
- Academic Statement of Purpose (300-500 words): Address academic and professional background, program benefits, academic interests, and reasons for pursuing the program.
- Short Personal Statements 1 & 2 (250 words max each): Discuss experiences shaping intellectual and personal development, and contributions to a diverse community.
Choose References:
- Select three references from academic or professional sources. They will be notified to submit reference letters on your behalf.
Provide Proof of Funding and Declaration and Certification of Finances Form (International Students Only):
- Upload funding documents for living expenses, tuition, and fees.
Upload Copy of Passport (International Students Only):
- Upload a copy of your passport information and photo, including dependents if applicable.
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Scholarships Available: Illinois MSc in Finance
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.
Specializations & Electives Offered
Specializations
- Asset Management
- Corporate Finance
- Data Analytics and Fintech
- Quantitative Finance
- Finance Research (PhD Specialization)
Electives
- Alternative investments
- Fixed income analysis
- Derivatives
- Financial modeling
- Valuation
- Mergers and acquisitions
- Capital structure analysis
- Data mining
- Machine learning
- Blockchain technology
- Asset pricing
- Behavioral finance
FAQs About MIF
When are classes held for the MSF Program?
During the Fall and Spring terms classes are offered Monday through Thursday, typically during the day, but in some cases a class is offered in the evening. A class is typically held two days (twice) a week for an hour and twenty minutes each day.
Throughout the entire year, Friday afternoons are typically reserved for Professional Development activities such as guest lecturers, field trips, and other career development activities
