MS in Finance at University of Illinois, Chicago (UIC)

The University of Illinois at Chicago (UIC) offers a one-year Master of Science (MS) in Finance program through its Liautaud Graduate School of Business. This program is designed to equip students with the necessary skills and knowledge for a successful career in finance. The total tuition fee for the MS in Finance is USD 35,940. To be eligible for admission to this program, applicants must demonstrate proficiency in the English language. Accepted tests for this requirement include IELTS, TOEFL, and PTE.

The Master of Science in Finance program at the University of Illinois at Chicago covers key areas such as finance, accounting, economics, and statistics.

Located in a major financial hub for futures and options, UIC has strong connections with businesses and global financial institutions.

The program offers specialized tracks, including:

• Asset Management
• Commodities, Derivatives, and Financial Exchanges
• Banking & Capital Markets

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12th Grade

There is no specific cutoff mentioned for 12th grade requirements.

Graduation

Applicants must have a Bachelor's degree from an accredited university or institute. They are reviewed individually. A minimum CGPA of 3.00 out of 4.00 is required for the last 60 semester hours (or 90 quarter hours) of undergraduate study. Other required courses include corporate finance, financial accounting, statistics management, and microeconomics for business decisions. For Indian applicants, a 4-6 year bachelor's degree is required, or a master's degree after a 3-year bachelor's degree, or completion of a bachelor's degree followed by specific postgraduate diplomas. All postgraduate diplomas are assessed individually.

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GRE

Marks: No specific cutoff mentioned

There is no specific cutoff mentioned for GRE.

TOEFL

Marks: No specific cutoff mentioned

There is no specific cutoff mentioned for TOEFL, but subscores of Reading 20, Listening 20, Speaking 20, and Writing 21 are required.

IELTS

Marks: 6.0

There is no specific cutoff mentioned for IELTS, but a minimum score of 6.0 is required for each of the four sections.

PTE

Marks: No specific cutoff mentioned

There is no specific cutoff mentioned for PTE, but subscores of Reading 51, Listening 47, Speaking 53, and Writing 56 are required.

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Application Process for The University of Illinois at Chicago

Step One: Prepare Documents for Application

• Letters of Recommendation (LOR): Two letters are required.
• Curriculum Vitae (CV): A resume is required.

Step Two: Additional Documents Required

• Official Transcripts: You need to submit official yearly or semesterly mark sheets for each exam attempt, including any failed or repeated exams.
• Degree Certification: An official university-issued certification of your degree and the date it was awarded is needed.
• Language: All documents must be in English only.
• Standardized Test Scores: Submit either GRE or GMAT scores.
• Personal Statement: A personal statement is required.
• English Language Proficiency Scores: Provide scores to show your English language skills.
• Declaration and Certification of Finances Form: This form is required to show your financial situation.
• Passport Copy: Include a copy of your passport.

Step Three: Start Your Online Application

Begin your application process through the university's online portal.

Step Four: Application Fees for This Course

• Fee Amount: The application fee is USD 70, which is approximately INR 5.9 thousand.
• Mode of Payment: Payment can be made using a credit card.
• Payment Plan: The University of Illinois offers an optional Payment Plan. This plan allows parents or students to divide the payment of expected tuition, mandatory fees, room, and board costs into 6 installments for the Fall and Spring semesters.

Calculated at the exchange rate of 1 USD = INR 84.27 | Tuition & expenses were last updated in December 2024"