Business Administration (M.B.A.)/Finance (M.S.)
The Master of Business Administration (M.B.A.) and Master of Science in Finance (MSF) dual-degree program at Illinois Institute of Technology鈥檚 Stuart School of Business is ideal for professionals whose careers, or career aspirations, are in leadership positions at the intersection of business management and finance.
With its rigorous, tech-focused curriculum, the Illinois Tech M.B.A is designed to develop your innovation mindset and the intellectual agility to take on complex business challenges. Courses feature case studies, projects, and hands-on use of technology to build your analytical, strategic, and managerial skills.
Our nationally-ranked M.S. in Finance program draws on 电车无码鈥檚 resources as an international financial center to give students opportunities for internships, networking, and professional development. Courses are tuned to the leading-edge of financial technology and taught by faculty who use their industry experience to connect theory with practice.
Through Illinois Tech鈥檚 one-of-a-kind Elevate program, you are guaranteed access to hands-on experiences throughout your graduate education, such as virtual and in-person internships, and personalized mentorship to guide your academic studies and career planning.
Our exclusive partnership with provides Stuart M.B.A. students with a free membership and access to the organization鈥檚 many business and networking events, which are annually attended by more than 10,000 successful professionals.
Enrolling in this dual-degree program reduces the total requirement for earning the two degrees by four courses (12 credits), compared to earning the M.B.A. and MSF degrees separately.
STEM-Designated Program
M.S. in Finance is a STEM-designated program, and international graduates of the program are eligible to apply for an extension for Optional Practical Training.
Learn more about each program:
Master of Business Administration
Program Overview
Combining the managerial and strategic skills developed by the M.B.A. with the specialized knowledge and quantitative skills of the M.S. in Finance, this dual-degree program prepares students for leadership positions at the intersection of business and finance.
Career Opportunities
Graduates of the M.B.A./M.S. in Finance dual-degree program are prepared for positions that require high levels of both management ability and financial expertise, such as director of finance, financial manager, and other senior-level jobs at corporations, financial institutions, financial services companies, private equity and investment firms, nonprofit organizations, and governmental agencies.
- The M.B.A./M.S. in Finance dual-degree program requires completion of 57 credits (19 courses at three credits per course) with a grade-point average of 3.0 or above. Students must complete a minimum of 30 M.B.A. credits and 27 M.S. in Finance credits.
- Core courses may be waived by the director of the relevant program and students may take advanced elective courses in their place.
Master of Business Administration
Completion of 10 courses (30 credits) is required. See descriptions for and courses.
Core Courses鈥擲even courses (21 credits)
- BUS 510鈥擲trategy and Innovation
- MBA 504鈥擜nalytics for Decision Making
- MBA 505: Microeconomics and Game Theory
- MBA 506: Leadership and Organizational Design
- MBA 511鈥擬arketing Strategy
- MBA 513鈥擮perations and Technology Management
- BUS 590鈥擝usiness Strategy Capstone
Elective Courses鈥擟hoose any three courses (nine credits)
- MBA 522鈥擳he General Manager
- MBA 523鈥擭egotiations and Strategic Decision Making
- MBA 532鈥擜rtificial Intelligence
- MBA 534鈥擝lockchain
- MBA 536鈥擨nternet of Things
- MBA 564鈥擥lobal Business Strategy
- MBA 576鈥擭ew Technology Ventures
Master of Science in Finance
Completion of nine courses (27 credits) is required, typically consisting of six core courses and three elective courses.
Core Courses鈥擲ix courses (18 credits)
- MSF 501鈥擬ath with Financial Applications
- MSF 502鈥擲tatistical Analysis in Financial Markets
- MSF 503鈥擣inancial Modeling
- MSF 504鈥擵aluation and Portfolio Management
- MSF 505鈥擣utures, Option, and OTC Derivatives
- MSF 506鈥擣inancial Statement Analysis
Use the link below to see MSF course descriptions and the list of elective courses to choose from. Note that MSF elective courses are organized into concentrations. Students who complete two or more courses within a particular concentration will have the concentration recognized on official transcripts.
- Students must apply and be accepted to both programs: Master of Business Administration (M.B.A.) and M.S. in Finance. See each program page for specific admission requirements.
- Applicants must hold a baccalaureate degree from an accredited educational institution with a minimum cumulative grade-point average of 3.0 on a 4.0 scale, have a strong record of academic achievement, and be highly recommended.
- No GMAT or GRE scores required
- English proficiency exam, if required
International Students: Maintaining Eligibility
International students (F-1, J-1) must maintain full-time enrollment (nine credit hours per semester in the fall and spring semesters) in order to remain in the United States. It is possible for an international student to discontinue the M.B.A. program and continue the M.S. in Finance program as a full-time program. However, an international student who discontinues the M.S. in Finance program for any reason must leave the dual-degree program because the M.B.A. is a part-time program.
Have Questions? Connect with Us
For any questions about Stuart School of Business degree programs or the application and enrollment process, contact our Director of Student Recruitment Claire Johnson.
Scholarships
Domestic students pursuing the Master of Business Administration/M.S. in Finance dual-degree program in academic year 2024鈥25 are eligible for the 电车无码 Talent Pipeline Scholarship, which awards up to $424 per credit hour and is distributed across the 57 credits required for both programs during enrollment in the dual-degree program, for a total of approximately $24,000. This award is deferrable up to one year. Students seeking Stuart dual degrees are only eligible for one Stuart scholarship.
International students pursuing the Master of Business Administration/M.S. in Finance dual-degree program in academic year 2024鈥25 are eligible for the Stuart School of Business Dean鈥檚 Scholarship, which awards up to $424 per credit hour and is distributed across the 57 credits required for both programs during enrollment in the dual-degree program, for a total of approximately $24,000. This award is deferrable up to one year. Students seeking Stuart dual degrees are only eligible for one Stuart scholarship.
Read more about scholarship opportunities and tuition and aid below:
鈥淢y career goals are to work as a trader and eventually transition into a private equity firm. Ideally, I would like to start my own firm one day. Since private equity requires a solid understanding of financial modeling, equity valuation, and various business models, I felt that completing both the M.S. in Finance and the M.B.A. would increase my chances.鈥
Featured Faculty
M. Krishna Erramilli
Yiwei Fang
Smriti Anand
Ricky 鈥淩ick鈥 Cooper
Haizhi Wang
Elizabeth J. Durango-Cohen
Benjamin E. Van Vliet
Sang Baum 鈥淪olomon鈥 Kang
Stuart Stands Out
Rank in the U.S. of the M.S. in Finance Program
鈥擳FE Times (2023)
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鈥擲tuart School of Business 2022 master鈥檚 and Ph.D. graduates reporting
Stuart is AACSB Accredited. Only 6% of Business Schools Globally Are.
鈥擜ssociation to Advance Collegiate Schools of Business International
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