Electricity Markets (M.A.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 Master of Science in Electricity Markets (M.A.S.) at the Illinois Institute of Technology is designed for aspiring professionals seeking to navigate the complex intersection of energy systems and financial markets. As electricity is increasingly traded as a commodity, understanding its economic and operational dynamics is crucial for the evolving power industry. This postgraduate degree equips you with the specialised knowledge to address these challenges, blending rigorous electrical engineering principles with sophisticated financial analysis. You will delve into areas critical for the modern energy sector, preparing you for impactful roles in this dynamic field.

This full-time, on-campus Master of Electricity Markets program is studied over two years, offering a comprehensive curriculum that includes core electrical engineering courses in power distribution, system analysis, and smart grid technologies, alongside finance electives covering statistical analysis and market operations. You will engage with subjects like power system planning and deregulated power systems, gaining practical insights into market economics and security. Upon graduation, you will be prepared for careers in energy trading, utility management, and regulatory affairs, possessing a unique dual expertise sought by employers in the global energy sector.

Course Curriculum & Details

Detailed information for serious evaluators

Program Overview

This program provides a comprehensive understanding of electricity markets, covering essential topics in power distribution, system analysis, and planning. Students will delve into the economic and cybersecurity aspects of power systems, exploring smart grid technologies and fault-tolerant designs. The curriculum also addresses power market operations, economics, and security, ensuring a well-rounded education in this dynamic field.

1 Required Core Courses

Power Distribution Engineering
Power System Analysis
Power Systems Analysis with Laboratory
Analytical Methods for Power System Economics and Cybersecurity
Next Generation Smart Grid
Power System Planning
Power Market Operations
Power Market Economics and Security
Fault-Tolerant Power Systems
Power System Reliability

Cost & Affordability

A clear picture of what this course will cost you

Program Costs

First Year Fee Tuition fee
USD 27,765.00
Second Year Fee Tuition fee
USD 27,765.00
Total Program Cost Estimated total tuition
USD 55,530.00

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

Aviation Safety & RegulationBrokerage & Trading & SecuritiesCoal & Consumable FuelsCommercial AviationConstruction Technology & Digital SolutionsElectrical & Mechanical InstallationQuality Assurance & TestingResearch & Product DevelopmentSoftware Development & EngineeringUrban Mobility & Smart Transport

Top Employers Hiring for this course

Amazon

BP Plc

Deloitte

Honeywell

Northrop Grumman

Pacific Gas and Electric Company

Tesla

Why Study Electricity Markets (M.A.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 Electricity Markets (M.A.S.) at Illinois Institute of Technology

Can I work while studying?

International students can work up to 20 hours per week during term time and full-time during breaks. On-campus work does not require additional permits.

What English language score do I need for this course?

To meet English language requirements, applicants can submit scores from Duolingo, TOEFL, or IELTS. Specific score thresholds exist for each test, such as an overall score of 80 for TOEFL.

What jobs can I get after studying this course?

Job titles include Power System Engineer, Financial Analyst, Energy Consultant, and Compliance Specialist.

What will I actually study in this course?

Illinois Tech’s Master of Electricity Markets combines courses from electrical engineering and finance to address the evolving electric power industry. Core topics include power system planning and financial planning.

When can I start — what are the intake months?

The Master of Electricity Markets has two intake months: January and September. Students can apply for admission during these periods.
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