M.S in Finance
at Illinois Institute of Technology, Chicago

3.8 /5

(5 Reviews)

Shiksha popularity ranking

#94 in MS in USA

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Private University

M.S in Finance
at
Illinois Institute of Technology
Overview

Our counselors guided 1 student in securing admission to this course. Know more

The 2 years Degree course has primary stream as Business & Management Studies. The Illinois Institute of Technology tuition fees for international students is USD 29370.0. The Degree course offered by the at Illinois Institute of Technology requires IELTS, TOEFL, Duolingo, and PTE. Graduation cutoff for admission is CGPA - 3.0/4.

Duration	2 years
Course Level	PG Degree
Mode of Course	Full Time
International Students Admission Website	Go to Website
Tuition & Fees	₹25.44 Lakh View full breakup
Type of University	Private
Official Career Service Website	Go to Website

M.S in Finance
at
Illinois Institute of Technology
Highlights

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
Students will 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.
Students are guaranteed hands-on experiences throughout their graduate education, such as virtual and in-person internships, and personalized guidance from a career adviser, academic mentor, and alumni coach
This is a STEM-designated program, and international graduates of the program are eligible to apply for an extension for Optional Practical Training in the U.S.
Students learn leading-edge ideas and technologies from faculty who bring their industry experience to their teaching

M.S in Finance
at
Illinois Institute of Technology
Rankings

Course Ranking

University Ranking

Rank	Rank Publisher
#37	Aerospace Engineering PG US News & World Report, 2024
#251	Engineering THE (Times Higher Education), 2024
#375	Engineering and Technology QS, 2024

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M.S in Finance
at
Illinois Institute of Technology
Entry Requirements

Requirements for 12th grade Lock Icon

No specific cutoff mentioned

Graduation Lock Icon

CGPA - 3/4
Applicants must hold a four year bachelor’s degree from an accredited educational institution, with a minimum GPA of 3.0 on a 4.0 scale

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GPA

Percentage

CGPA

3 year degree accepted Lock Icon

N/A
If the applicant have received a three-year degree from an institution in India, they may apply to master’s programs in Stuart School of Business

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GPA

Percentage

CGPA

TOEFL

Marks - 85/120
Register for TOEFL iBT® Test Today and get ?1500 Off. Use code SHIKTOEFL to avail the discount. Hurry Register now for TOEFL

PTE

No specific cutoff mentioned
With a minimum section score of 53

IELTS

Marks - 7/9
Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS

Duolingo

No specific cutoff mentioned
Students who are submitting the Duolingo English Test will be required to take an English Language Assessment at the beginning of the semester regardless of overall score.

Take Duolingo English Test from your home, in just 1 hour and get results in 2 days. 70% cheaper than other English Tests. Register now for Duolingo
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Conditional Offer Lock Icon

Yes
International applicants can be considered for conditional admission. Students applying for conditional admission do not need to submit TOEFL or IELTS scores if they specify on their application that they are interested in conditional admission. Students do not need to provide the Financial Affidavit of Support Form or a passport copy to the admission office
Read less

Which exams out of the above do I need to give?

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M.S in Finance
at
Illinois Institute of Technology
Application Process

Step one

Prepare documents for application

LOR

One letter of recommendation is required
Letters of recommendation should be submitted from individuals who are able to assess your academic and/or career achievements and potential
Two letters of recommendations (For Master of Compuer Science)

Applicants must submit a current resume

Step two

Additional documents required

Applicants must submit all original mark sheets for all terms and the original degree diploma for all degrees
GMAT/GRE Scores
English Language Proficiency Proof
Submit Graduate Admission Financial Affidavit of Support 2021-2022
Professional Statement: Possible questions that you may be asked include:
- Why are you interested in this program?
- How will this program help your future goals?
- Responses to questions should be approximately 150 - 200 words in length
Copy of passport identity page
A personal statement (For Master of Computer Science)

Step three

Start your online application

https://www.iit.edu/admissions-aid/apply

Step four

Application fees for this course

USD 75 = INR 6.32 Thousand

Mode of payment: Credit card

IIT has two payment plans from which students may choose when making installment payments
Enrollment in a semester payment plan will divide student's total out-of-pocket payment obligation for the semester into four (4) or three (3) equal payments
Payment plans are for ONE term only
Students must enroll in a new plan every semester if they choose this payment option
There will be a Payment Plan Setup Fee of $35.00

Step five

Application deadline

Spring (May): 15th Mar

Summer (Aug): 15th June

*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!

M.S in Finance
at
Illinois Institute of Technology
Fees

1st year tuition fees

Fees components	Amount (for 1 year)
Tuition & fees	INR 25,44,029

Other expenses in 1st Year

Fees components	Amount (for 1 year)
Hostel & Meals	INR 10,08,430
Insurance	INR 1,98,013
Transportation	INR 26,852
Application Fee	INR 6,497
Activity Fee	INR 21,655
Total approximate fees	INR 12,61,447

Calculated at the exchange rate of 1 USD = INR 86.62 | Tuition & expenses were last updated on 9ᵗʰ January 2025

M.S in Finance
at
Illinois Institute of Technology

Scholarships

Scholarship information is not available. You can apply to non-college specific scholarships available for USA.

View all 74 scholarships

Illinois Institute of Technology
Students Ratings & Reviews

3.8/5

4 Verified Reviews Info Icon

Vibe of Campus

Easy going
Academically oriented
Friendly
Sporty

Student Views

60% students never faced discrimination in this university

Internships3.5

Part time work3

Post study jobs4

Quality of faculty4.3

Student Life4.5

Value for money3.5

Public transportation5

Safety2.8

Indian Food3.3

Permanent Immigration3.8

Sri Hari Sivashanmugam Verified Icon

M.A.S in Data Science - Batch of 2023

Offered by Illinois Institute of Technology

4.1

Best cities to live in. The faculty help in networking.

Tips: For students moving here there will be a cultural shift for sure. It is smart to get referrals for on-campus jobs, as they are limited. Try staying Bridgeport area, as it is affordable and safe. Chicago is one of the best cities in the US, you will get to a lot of networking events outside the university which can help you in many ways.

Reviewed on 12 Feb 2024Read more

Anonymous

M.S in Mechanical and Aerospace Engineering - Batch of 2021

Offered by Illinois Institute of Technology

3.2

One of the most Amazing Experiences.

Tips: There's definitely a cultural shift. I personally loved the new country/city/university challenge and was up for all the tasks ahead. Find good friends/roommates who will guide you and help you in your transition. Don't hesitate to change your accommodation if not suitable for your academic preference. I didn't avail of any scholarships because I wasn't aware of any. There are different undergrad and graduate school scholarships available so do your research. I can say that I am somewhat satisfied with the course/university. Definitely would have liked a cheaper college but I suppose I did the best I could with the scores. Chicago is a beautiful city. The summers are short but pleasant, winters are long and the city is covered in snow for almost 3 months so definitely extreme weather conditions will take some time to get used to but it is undeniably beautiful. Some parts of the city are not safe and generally, you will be aware of those with research. Try to avoid those areas and don't wander alone at night. Everything will be great. Good luck to whoever reading this for your future.

Likes (Public transportation): Chicago has one of the best public transportation systems with frequent trains and buses even during night times. It is super affordable as semester passes are generally provided by the university as part of your tuition fees. Public transportation runs in all weather (even in heavy snow and rain).

Dislikes (Part time work): On campus part time jobs are available but very limited. Usually, you get them through connections. 100s apply but a chosen few are selected. Very much depends on the particular facility you are applying for. Personally, I applied but never got any. It is definitely manageable. Sometimes you will have to do weekend shifts or work late at night but the campus provides late-night drop offs. Pay is generally minimum wage in the state (usually $12/hr - $14/hr).

Reviewed on 24 Aug 2023Read more

Anonymous

B.S Computer Science /M.S Computer Science - Batch of 2027

Offered by Illinois Institute of Technology

3.2

Illinois Institute of technology has an academic oriented approach.

Tips: Before joining IIT, students should be prepared for a rigorous academic program, a smaller campus community, and life in Chicago with its opportunities and challenges, including harsh winters. Transitioning to IIT involves adapting to the American teaching style, independent living, and cultural differences. Scholarships, like the Residential Scholarship, often help with tuition but rarely cover living expenses. Overall, IIT is academically rewarding but must adjust to the cultural and lifestyle changes in the U.S.

Reviewed on 23 Nov 2024Read more

Manikantan Verified Icon

M.A.S in Mathematical Finance - Batch of 2023

Offered by Illinois Institute of Technology

4.9

Many Indian students are present in the campus.

Tips: In college, maximum number of students in ITM and CS branches are Indian only. So there was no cultural shift that I experienced. Initially, you may feel some changes and that's all. But after 2-3 weeks it will be the same. One should just focus on GRE and SOPs.

Reviewed on 13 Feb 2023Read more

M.S in Computer Science (MSCS) - Batch of 2018

Offered by Illinois Institute of Technology

2.8

US has its drawbacks too. Think carefully

Tips: Be prepared for a new life. College doesn’t matter. Personality matters. If you are smart you will get a job at Google and if not you will end up back in India wasting your money. So think carefully about the courses you are taking and the people you are hanging out with.

Reviewed on 8 Jul 2022Read more

View All 5 Reviews