Business Administration (M.B.A.)/Finance (M.S.)

Integrated Masters with deeper specialization and research focus
Taught in English
Duration 2 Years
Mode On Campus
Level Postgraduate
Degree Masters Degree
Closing soon January 2027

Course Overview

The Business Administration (M.B.A.)/Finance (M.S.) dual-degree program at the Illinois Institute of Technology is crafted for ambitious professionals aiming for leadership roles at the nexus of business management and financial strategy. This rigorous, technology-focused program equips you with the innovation mindset and intellectual agility required to navigate complex business challenges. You will delve into case studies, hands-on projects, and advanced financial modeling, developing critical analytical, strategic, and managerial skills essential for success in today's dynamic markets. The curriculum is designed to prepare you for leadership positions where business acumen meets specialized financial expertise.

This full-time, on-campus dual-degree program is studied over two years, blending the comprehensive management principles of an M.B.A. with the specialized quantitative and technological insights of an M.S. in Finance. You will explore core areas such as financial markets, valuation, and derivatives, with opportunities to concentrate in areas like mathematical finance, financial technology, or portfolio management. Through Illinois Tech’s Elevate program, you gain guaranteed access to practical experiences, including internships and mentorship, ensuring you graduate with both advanced academic knowledge and the applied skills sought after in leadership roles across the financial services industry and beyond.

Course Curriculum & Details

Detailed information for serious evaluators

Program Overview

This dual-degree program offers a robust foundation in business administration and specialized knowledge in finance. Core courses cover essential topics such as mathematical applications in finance, statistical analysis, financial modeling, valuation, portfolio management, and financial statement analysis. Students will further deepen their expertise by selecting a concentration of three courses from areas like investments and financial theory, or explore cutting-edge topics in financial technology, including machine learning and high-frequency trading.

1 Core Courses

Mathematics with Financial Applications Compulsory
Statistical Analysis in Financial Markets Compulsory
Financial Modeling Compulsory
Valuation and Portfolio Management Compulsory
Futures, Options, and OTC Derivatives Compulsory
Financial Statement Analysis Compulsory

2 Choose a concentration of 3 courses

Investments Elective
Theory of Finance I Elective
Theory of Finance II Elective

3 Financial Technology

Machine Learning for Finance and Business Elective
High Frequency Finance and Technology Elective
Global Markets and Technology Elective

4 Portfolio Management

Cost & Affordability

A clear picture of what this course will cost you

Program Costs

First Year Fee Tuition fee
USD 52,753.00
Second Year Fee Tuition fee
USD 52,753.00
Total Program Cost Estimated total tuition
USD 105,507.00

Currency note: Program costs shown in USD based on the available tuition breakdown.

Living Costs

Accommodation
USD 1,080.00 - USD 2,995.00
Food & Groceries USD 3,600.00 - USD 5,400.00
Transport USD 840.00 - USD 1,440.00
Utilities & Bills USD 1,200.00 - USD 2,040.00
Estimated Total USD 5,640.00 - USD 8,880.00

Living cost estimates are based on Eureka Campus.

Outcomes & Employability

What happens after you graduate

68%
Graduate Employment Rate Within 6 to 12 months of graduation

Common Graduate Roles

Corporate Finance & TreasuryCustoms, Trade & ComplianceCybersecurityData Science & AnalyticsFinancial Technology (Fintech)Maritime & ShippingNetworking & Internet ServicesRail & Mass TransitSoftware Development & EngineeringSupply Chain & Freight Management

Top Employers Hiring for this course

Amazon

Deloitte

Why Study Business Administration (M.B.A.)/Finance (M.S.) at Illinois Institute of Technology

What makes this program stand out

January 2027 Closing soon

Next intake is in January 2027

Moderate Application response time

Illinois Institute of Technology typically responds to applications within 1 - 2 weeks, giving you clarity on your options quickly.

Life at Illinois Institute of Technology in United States

What daily life looks like for international students

Language

English

Primary language everywhere

Climate

Mild & Rainy

10-20°C average, pack layers

Safety (Numbeo Safety Index)

Very Safe

Exeter is one of UK's safest cities

Frequently Asked Questions

Common questions about Business Administration (M.B.A.)/Finance (M.S.) at Illinois Institute of Technology

Can I work while studying?

International students can work up to 20 hours per week during classes and full-time during breaks. No special work permits are needed for on-campus jobs.

What English language score do I need for this course?

To qualify for the program, applicants must meet specific English proficiency requirements. Acceptable tests include Duolingo, TOEFL, and IELTS, with varying score targets.

What jobs can I get after studying this course?

Graduates can pursue various career paths, including Financial Analyst, Business Consultant, Investment Banker, Financial Manager, and Risk Manager.

What will I actually study in this course?

This dual-degree program combines rigorous business management and finance education. Topics include innovation mindset development and hands-on financial technology experience.

When can I start — what are the intake months?

The Business Administration (M.B.A.)/Finance (M.S.) dual-degree program has intakes in January and September. Make sure to apply ahead of these months to secure your spot.
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