MS in Financial Engineering
4.4 /5- Public University
College of Business
Talk to ExpertMS in Financial Engineering at UIUC Overview
MS in Financial Engineering
at UIUC
UIUC`s College of Business offers MS in Financial Engineering Degree program. The duration of this program is 15 months. The tuition fees to pursue this program is USD 46400.0. IELTS and TOEFL scores are accepted for admission to UIUC MS in Financial Engineering. Graduation cutoff for admission is CGPA - 3.5/4.
Duration | 15 months |
Course Level | PG Degree |
Mode of Course | Full Time |
International Students Admission Website | Go to Website  |
Tuition & Fees | ₹39.10 Lakh View full breakup |
Type of University | Public |
Official Career Service Website | Go to Website |
MS in Financial Engineering at UIUC Highlights
MS in Financial Engineering
at UIUC
- Financial Engineering (FE) is the application of quantitative methods to the analysis of financial markets and financial products
- The quantitative techniques may include Mathematics, Statistics, Computer Science, Machine Learning, Neural Nets, and generalized Data Analytics
- The Master of Science in Financial Engineering (terminal masters) can be completed in 15 or 24 months, beginning in August each year. The second and subsequent semesters allow students the flexibility to pursue specialized tracks within the program, such as data analytics and electronic trading
MS in Financial Engineering at UIUC Rankings
MS in Financial Engineering
at UIUC
MS in Financial Engineering at UIUC Entry Requirements
MS in Financial Engineering
at UIUC
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- CGPA - 3.5/4
- Read less
- Bachelor’s degree, or bachelor equivalent, typically in an engineering field, mathematics, physics, computer science, or economic
- All applicants are expected to have a minimum grade point average of at least 3.25 (A=4.00) for the last two years of undergraduate study and a 3.50 for any previous graduate work completed
- Prerequisites:-
- Calculus
- Probability and Statistics
- Linear Algebra and Differential Equations
- Programming (preferably in C/C++)
- Knowledge of basic finance is helpful but not required
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GPA
Percentage
CGPA
Out of 10
TOEFL
- Marks - 103/120
-
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GPA
Percentage
CGPA
Out of 10
GMAT
- No specific cutoff mentioned
- NA
IELTS
- Marks - 7/9
- A minimum score of 6.0 in each section
GRE
- No specific cutoff mentioned
- NA
Conditional Offer
- Not mentioned
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MS in Financial Engineering at UIUC Application Process
MS in Financial Engineering
at UIUC
Step one
Prepare documents for application
SOP
- Provide a purpose statement: In 300 words or less, describe your area of interest and what your goals are upon completion of the MSFE program (note: you do NOT need to provide 1500 words as requested in the on-line application
LOR
- Provide 3 letters of reference. They must be sent electronically from a university or company email address, or be signed and appear on official letterhead
CV
- Provide a resume with exact dates of employment
Step two
Additional documents required
- Upload certified transcripts and degree certificates
- Proof of GRE/ GMAT scores
- Proof of ELP scores
- All international applicants requesting visa eligibility documents (I-20 or DS-2019) are required to demonstrate that they have adequate financial resources to cover the cost of their education while in the United States
Step three
Start your online application
Step four
Application fees for this course
USD 90 = INR 7.58 Thousand
Mode of payment: Credit card, Wire money transfer
Step five
Application deadline
Fall (Aug): 19th Jan
Fall (Aug): 16th Feb
Fall (Aug): 23rd Mar
Fall (Aug): 23rd Apr
Fall (Aug): 11th May
*The dates specified are tentative dates as per the previous year records. Our expert counselors can help with exact deadline date. Connect with the expert now!
MS in Financial Engineering at UIUC Fees
MS in Financial Engineering
at UIUC
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 39,10,128 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 9,57,307 |
| Insurance | INR 1,56,237 |
| Campus Fee | INR 4,22,698 |
| Total approximate fees | INR 15,36,242 |
Calculated at the exchange rate of 1 USD = INR 84.27 | Tuition & expenses were last updated on 19ᵗʰ December 2024
MS in Financial Engineering at UIUC Scholarships
MS in Financial Engineering
at UIUC
Scholarship information is not available. You can apply to non-college specific scholarships available for
USA.
View all 72 scholarships
University of Illinois at Urbana-ChampaignStudents Ratings & Reviews
4.4/5
5 Verified ReviewsVibe of Campus
- Academically oriented
- Friendly
- Fun loving
- Liberal
Student Views
- 50% students never faced discrimination in this university
Internships4.2
Part time work4.6
Post study jobs4.4
Quality of faculty5
Student Life5
Value for money4.2
Public transportation5
Safety4.4
Indian Food3.2
Permanent Immigration3.6
Keval Morabia
Professional Master of Computer Science (MCS) - Batch of 2020
Offered by University of Illinois at Urbana-Champaign
4.5
One of the best CS grad schools where I was able to make net positive money during my Masters!
Tips: Do not let cold weather be a reason for not joining UIUC, you get used to it. Apart from the thesis, there is no difference between MS and MS programme and both are considered the same for job applications but the thesis programme helps you improve your profile by getting to work with a professor on a research project. Computer Science programme has decent TA/RA opportunities and if you get one, you get 100% fee waiver and $2500 monthly stipend which is well above the monthly expenses. Post covid, intake to the professional MS programme has significantly increased from ~60 to ~300 resulting in a lot more competition to get a TA/RA.
Likes (Quality of faculty): UIUC has some of the best faculty in Computer Science, many times professors teach content that has been published in books by themselves. UIUC has many diverse professors, a very wide choice of course selection and a lot of flexibility in choosing courses.
Dislikes (Indian Food): Since Urban-Champaign is a college town, there are not that many Indian restaurants and for people who eat Jain food, there are hardly any food options outside. But there are many events in the department buildings where you can occasionally get free Pizzas.
Reviewed on 5 Mar 2024Read more
Akash Singh
Master of Science in Systems and Entrepreneurial Engineering - Batch of 2022
Offered by University of Illinois at Urbana-Champaign
5
Best campustown in USA which gives you most bang for your buck compared to anywhere in states
Tips: Very accommodating culture. It will be the best experience of your life. Teachers are very knowledgeable. MS programme can be tailored to your liking where you can take courses from any department without much restrictions. This happened to be the best experience of my life.
Likes (Safety): Campustown is organized in a manner where all the students converge to Green Street where we have everything needed creating an awesome environment to meet new people and have fun. Cricket lovers can join Cricket Club of Illinois for a rewarding cricket experience and tons of tournaments in summer.
Dislikes (Public transportation): Faculty is very approachable and compassionate. After first semester most Masters student can find a RA or TA position. Try to meet with the faculty and show what drives you to do research and teaching and you will get a way around. The faculty is well-educated and mostly from universities ranked above UIUC.
Reviewed on 28 Feb 2024Read more
A
Anonymous
Master of Science in Aerospace Engineering - Batch of 2023
Offered by University of Illinois at Urbana-Champaign
3.9
My Review on doing a Masters in UIUC
Tips: Since the university is in Illinois, the weather during the winters is brutal, which most Indians will find difficult to adapt to. Hence I advise you to buy proper winter clothes when winter approaches. The grocery stores on or near campus are also expensive, so you need to learn how to buy food in bulk without wasting anything. UIUC has a large diaspora of not only Indians but other nationalities as well, so socializing is necessary but not tedious. Despite this, feelings of loneliness can set in since everyone will be busy studying for their courses, which one should be prepared for.
Likes (Public transportation): The campus has a functional transportation service which is free for students of UIUC, with plenty of buses there to reach most parts of Champaign-Urban. Despite buses taking more time to reach the destination you wish to go to, the part that is already included in your tuition fees is convenient since one pays $60 as public transportation fees.
Dislikes (Value for money): Since I did my Masters in Aerospace Engineering, finding internships for myself was tedious due to ITAR. And unlike Indian institutes, we have to find internships by ourselves because most companies that come to the career fair look for US citizens only, though I would advise going to the career fair anyway to network.
Reviewed on 25 Jan 2024Read more
A
Anonymous
Master of Science in Aerospace Engineering - Batch of 2024
Offered by University of Illinois at Urbana-Champaign
4.1
Most people and faculty are friendly.
Tips: Champaign is the best town to live in for those coming to the US for the first time. Pros such as low rent, a friendly campus, etc. can be of help. I availed a Research Assistantship which resulted in a tuition fee waiver. Very satisfied with my courses and the University.
Reviewed on 11 Feb 2024Read more
A
Ayush Sharma
Bachelor of Science in Computer Science - Batch of 2026
Offered by University of Illinois at Urbana-Champaign
4.3
You will be required to work hard.
Tips: UIUC is a work hard-play hard type of university. If you're into that, then definitely do apply! Also keep in mind that UIUC does not give out many scholarships to international students.
The research opportunities are great here, along with more than 1000+ clubs and organizations.
Likes (Public transportation): The bus transportation system is one of the best in the country. The bus system is free for all students, and the bus network extends beyond the campus, to the surrounding Champaign-Urbana area. There are a number of buses, which means there's never a shortage or long waiting time on them. Buses are also more so generally they are quite on time.
Dislikes (Indian Food): There aren't many authentic versions of Indian dishes in the dining halls. Although, you could get Indian food in restaurants outside the campus. Some days, in particular dining halls such as ISR, Indian food is provided in the form of samosas or paneer, however I wouldn't rely on the authenticity.
Reviewed on 7 Jan 2023Read more
View All 6 Reviews
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MS in Financial Engineering at UIUC Contact Information
MS in Financial Engineering
at UIUC
Address
300 Turner Student Services Building
610 East John Street
Champaign, Illinois 61820
Champaign ( Illinois)
Phone
Email
Go to College Website ->