Is Illinois Institute of Technology public or private?

Illinois Institute of Technology is a private, technology-focused research university in Chicago. The official university catalogue describes undergraduate and graduate degrees across engineering, science, architecture, business, design, human sciences, applied technology and law.

What is the medium of instruction at Illinois Tech?

The degree programmes in this catalogue are taught in English. International applicants generally need TOEFL iBT 80, IELTS 6.5 or Duolingo 115 unless they qualify for an approved waiver; programme and applicant circumstances can add requirements.

Can international students apply directly after secondary school?

Yes, international first-year applicants can apply through Illinois Tech's undergraduate admission route after completing secondary school or its equivalent. The university evaluates academic preparation, course rigor and programme-specific criteria; test scores are optional for undergraduate admission.

What does an undergraduate year cost?

Illinois Tech's 2026-27 cost page lists $53,198 tuition and $1,850 fees for new undergraduates. Housing, daily living, insurance, books and personal expenses are additional; the page labels these figures as estimates rather than a final bill.

How do students apply?

Undergraduate applicants use Illinois Tech's application route, with international applicants following the dedicated first-year or transfer instructions. Graduate applicants use the Illinois Tech graduate application and must check the relevant college and programme page for documents, deadlines, portfolios, tests and prerequisites.

What English tests does Illinois Tech accept?

The official English-proficiency page lists TOEFL iBT 80 or above, IELTS 6.5 or above and Duolingo 115 or above for both undergraduate and graduate applicants, subject to listed waivers. India Standard XII English may qualify for an undergraduate waiver when the stated board and score conditions are met.

Are GRE or GMAT scores required?

The central graduate-admission page states that GRE is optional for all master's programmes, while most PhD programmes require GRE unless the individual programme says otherwise. The Institute of Design and Stuart School of Business accept GMAT in addition to GRE; always check the intended programme page.

When are the main graduate intakes and deadlines?

Illinois Tech publishes spring, summer and fall graduate application windows. The international master's deadlines shown on the official page are November 15 for spring, March 15 for summer and June 15 for fall, with financial-document deadlines later; programmes can have stricter dates.

What visa documents do international students need?

Degree-seeking international students generally receive a Form I-20 for an F-1 visa after admission and submission of passport and proof-of-funds documents. Illinois Tech says these documents support immigration processing; visa approval remains a separate decision by the US authorities.

What accreditation does Illinois Tech hold?

Illinois Tech states that it is accredited by the Higher Learning Commission, with its most recent affirmation in 2016. The university also lists specialised accreditation including ABET, NAAB, AACSB, APA and CACREP for specified programmes or academic units; accreditation scope must be checked against the exact award.

Where can students live and eat?

The Office of Residence Life lists nine residence halls, including three apartment buildings. On-campus residents must select an eligible meal plan, and Illinois Tech lists Saffron Indian and Middle Eastern, halal, Asiana Cuisine and Tea House options among its dining locations.

Why consider Illinois Tech instead of another US university?

Its clearest factual distinction is the combination of a technology-focused academic catalogue, Mies Campus in Chicago and formal project, laboratory and research opportunities. Fit still depends on the exact course, accreditation scope, total cost, admissions profile and preferred city experience.

Is Illinois Institute of Technology public or private?

Illinois Institute of Technology is a private, technology-focused research university in Chicago. The official university catalogue describes undergraduate and graduate degrees across engineering, science, architecture, business, design, human sciences, applied technology and law.

What is the medium of instruction at Illinois Tech?

The degree programmes in this catalogue are taught in English. International applicants generally need TOEFL iBT 80, IELTS 6.5 or Duolingo 115 unless they qualify for an approved waiver; programme and applicant circumstances can add requirements.

Can international students apply directly after secondary school?

Yes, international first-year applicants can apply through Illinois Tech's undergraduate admission route after completing secondary school or its equivalent. The university evaluates academic preparation, course rigor and programme-specific criteria; test scores are optional for undergraduate admission.

What does an undergraduate year cost?

Illinois Tech's 2026-27 cost page lists $53,198 tuition and $1,850 fees for new undergraduates. Housing, daily living, insurance, books and personal expenses are additional; the page labels these figures as estimates rather than a final bill.

How do students apply?

Undergraduate applicants use Illinois Tech's application route, with international applicants following the dedicated first-year or transfer instructions. Graduate applicants use the Illinois Tech graduate application and must check the relevant college and programme page for documents, deadlines, portfolios, tests and prerequisites.

What English tests does Illinois Tech accept?

The official English-proficiency page lists TOEFL iBT 80 or above, IELTS 6.5 or above and Duolingo 115 or above for both undergraduate and graduate applicants, subject to listed waivers. India Standard XII English may qualify for an undergraduate waiver when the stated board and score conditions are met.

Are GRE or GMAT scores required?

The central graduate-admission page states that GRE is optional for all master's programmes, while most PhD programmes require GRE unless the individual programme says otherwise. The Institute of Design and Stuart School of Business accept GMAT in addition to GRE; always check the intended programme page.

When are the main graduate intakes and deadlines?

Illinois Tech publishes spring, summer and fall graduate application windows. The international master's deadlines shown on the official page are November 15 for spring, March 15 for summer and June 15 for fall, with financial-document deadlines later; programmes can have stricter dates.

What visa documents do international students need?

Degree-seeking international students generally receive a Form I-20 for an F-1 visa after admission and submission of passport and proof-of-funds documents. Illinois Tech says these documents support immigration processing; visa approval remains a separate decision by the US authorities.

What accreditation does Illinois Tech hold?

Illinois Tech states that it is accredited by the Higher Learning Commission, with its most recent affirmation in 2016. The university also lists specialised accreditation including ABET, NAAB, AACSB, APA and CACREP for specified programmes or academic units; accreditation scope must be checked against the exact award.

Where can students live and eat?

The Office of Residence Life lists nine residence halls, including three apartment buildings. On-campus residents must select an eligible meal plan, and Illinois Tech lists Saffron Indian and Middle Eastern, halal, Asiana Cuisine and Tea House options among its dining locations.

Why consider Illinois Tech instead of another US university?

Its clearest factual distinction is the combination of a technology-focused academic catalogue, Mies Campus in Chicago and formal project, laboratory and research opportunities. Fit still depends on the exact course, accreditation scope, total cost, admissions profile and preferred city experience.

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M.Sc. Finance at Illinois Institute of Technology

Academic structure, teaching phases, and curriculum for M.Sc. Finance at Illinois Institute of Technology.

Written by Students Traffic Research Team·Updated On: 12 Jul 2026

Illinois Institute of Technology campus overview

Illinois Institute of TechnologyChicago, United StatesM.Sc. Finance · Private

Academics eligibility recognition admissions fees

Academic structure

Master of Science in Finance

Duration—2 yearsMedium—EnglishIntake—January, May, August

Teaching phases

1

Graduate finance degree

The official graduate programme catalogue lists the Master of Science in Finance; confirm current finance, analytics and experiential-learning requirements with Stuart.

Tuition fee and hostel estimate

Year-wise cost data is not currently published for this program.

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