Finance, MS

for the Master of Science in Finance


chair of department: Louis Chan

director of graduate studies: Martin Widdicks (MSF); George Pennacchi (PhD)

email: grad@business.illinois.edu


department website: https://giesbusiness.illinois.edu/msf


overview of grad college admissions & requirements: https://grad.illinois.edu/admissions/apply

college website: https://giesbusiness.illinois.edu/


department office: 340 Wohlers Hall, 1206 S. Sixth Street, Champaign, IL 61820

phone: (217) 244-2239


Graduate Degree Programs in Finance

Majors

Finance, MS

optional concentrations for the Finance, MS: Accountancy, Business & Public Policy, Corporate Governance & International Business, Data Analytics in Finance, Information Technology & Control

Financial Engineering, MS (administered by Finance and Industrial & Enterprise Systems Engineering)

optional concentration for the Financial Engineering, MS: Data Analytics in Finance

Finance, PhD

Minors

Finance

Concentrations

Data Analytics in Finance

Finance

Business & Public Policy

Real Estate


Terminal masters: The Master of Science in Finance (terminal master's) is a 15 month program designed primarily for practitioners in finance-related positions. The program is designed to be completed in 15 months, beginning in August.

Admission requirements and other details about the program can be found at https://giesbusiness.illinois.edu/msf.


Admission

The minimum required grade point average for admission is 3.0 (A = 4.0). To be admitted without deficiencies, the applicant should have completed one undergraduate course each in computer science, financial accounting, managerial accounting, and principles of economics as well as two courses each in calculus, probability and statistics, and financial management. Courses to remove deficiencies may be taken after beginning the program, but such courses will not count toward the departmental requirements for graduation. All applicants are required to submit Graduate Management Admission Test (GMAT) or GRE scores. Most international applicants are also required to submit Test of English as a Foreign Language (TOEFL) IELTS or iBT scores. The test scores will be used by the Admissions Committee, along with other information, in evaluating the applicant’s qualifications for graduate study.

for the Master of Science in Finance


Terminal masters: The Master of Science in Finance (terminal master's) is a 15 month program designed primarily for practitioners in finance-related positions. The program is designed to be completed in 15 months, beginning in August.

Admission requirements and other details about the program can be found at https://giesbusiness.illinois.edu/msf/program/.

For additional details and requirements refer to the department's graduate programs and the Graduate College Handbook. 

Core courses16
Graduate level finance courses12
Elective graduate coursework12
Total Hours40

Other Requirements

Other requirements may overlap
Minimum 500-level Hours Required Overall 12
Minimum GPA: 3.0

Ph.D. only option

For Ph.D. students: A Master of Science degree is available for students in the Ph.D. program. Ph.D. students may earn a masters degree as they work toward the Ph.D. degree. Students interested in a terminal masters degree are not admitted to the Ph.D. program. Options available at this University for a terminal masters degree in finance include the M.S. in Finance (terminal masters) described above, and the MBA with a track in finance as described under the section on Business Administration - MBA.

Total Hours32

Other Requirements

Other Requirements may overlap
Minimum 500-level Hours Required Overall 12
Minimum GPA: 3.0