SRP | Canam Outreach

Master of Business Administration - Quantitative Finance (STEM)

Illinois Institute of Technology - Mies Campus

USA,Illinois

0 Shortlist

24 Months

Duration

CAD 32,040/year

Tuition Fee

CAD 100 FREE

Application Fee

Aug 2025

Apply Date

USA, Illinois

Type: University

Location Type: Urban

Founded: 1890

Total Students: 8,565 +

Campus Detail

Main Campus Address

10 W 35th St, Chicago, IL 60616, United States

Overview
Key Facts
Fees & Funding
Admission Requirements
Additional Info
Scholarships
Student Visa
Work Permit

Master of Business Administration - Quantitative Finance (STEM)

Program Overview

The Master of Business Administration (M.B.A.) Quantitative Finance program at Illinois Institute of Technology’s Stuart School of Business offers rigorous training in management and finance that distinctively prepares you for high-level managerial and consulting roles in a wide range of businesses and organizations.

The program’s tech-focused curriculum is designed to build your comprehensive business skills and expertise in strategic decision-making, analytics, leadership, and managing innovation. Courses drawn from Stuart’s nationally ranked M.S. in Finance program provide a foundational understanding of finance, financial instruments, and financial markets that you can apply in any business environment.

You’ll study with faculty who bring extensive industry experience into the classroom and teach with an applied approach that connects theory to real-world practice. You’ll also benefit from Illinois Tech’s legacy of 125 years of business education and curricular innovation, including establishing quantitative finance as an academic discipline and offering the world’s first graduate program in financial markets and trading.

Our location in downtown Chicago—home to the world’s largest markets in financial derivatives—and connections with leading professionals and companies across the city’s global business and financial hub provide opportunities for internships, networking, and jobs.

Program Overview

Stuart’s M.B.A. Quantitative Finance program combines a broad-based knowledge of management and operations, business decision-making, and leadership with quantitative skills and knowledge in finance. Our graduates are prepared to excel in key management and leadership roles, and advance their careers at businesses and organizations across all industries.

Detailed Program Facts

Program Level

Master's Degree

Application Processing Days

28 Days

Program Intensity

Full-Time

Duration of Program

24 Months

Backlogs Allowed

Program Intakes

Intake Month/Year		Intake Status
jan 2025		Closed
aug 2024		Closed
aug 2025		Open

Application Fee

Application Fee: CAD 100 FREE

Tuition Fee

CAD 32,040 per year

*Note: The fee is approximate and is subject to change

Living Cost in Illinois Institute of Technology - Mies Campus

CAD 12,000 per year

*Note: The fee is approximate and is subject to change

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Check program website for more information about funding options.

English Test Requirements

IELTS
- Minimum Overall Score - 6.5
TOEFL
- Minimum Overall Score - 80
DUOLINGO
- Minimum Overall Score - 115.0

Minimum Level of Education Required: To be accepted into this program, applicants must have a bachelor’s degree.

Minimum CGPA Required: 70.00 %

Additional Information

Career Opportunities

Graduates of this program are prepared for managerial careers in a broad range of companies and industries where their understanding of finance, financial instruments, and financial markets is an asset.

Scholarships

Illinois Tech has several of its own competitive scholarship programs that are open to both undergraduate and graduate students. All domestic undergraduate first-year and transfer students are automatically considered for scholarships that cover a generous portion of expenses such as tuition. Graduate students in select degree programs also may be considered for additional special scholarships, beyond any fellowships that they may receive.

Work Permit

PGWP

Optional Practical Training or OPT is a period during which students, who have completed their degrees in the USA, are permitted to work for one year on a student visa by the United States Citizenship and Immigration Services (USCIS). OPT allows students to work for up to 3 years and develop real-world skills to survive in the competitive jobs market.

It is temporary employment for a period of 12-months that is directly related to the major area of study of an F-1 student. Eligible students have the option to apply for OPT employment authorization before completing their academic studies and/or after completing their academic studies.

A student can participate in three types of Optional Practical Training (OPT):

Pre-Completion OPT: This is temporary employment provided to F-1 students before completion of their course of study.
Post-Completion OPT: This is temporary employment available to F-1 students after completing their course of study.
24 Month STEM Extension: Students enrolled in STEM (Science, Technology, Engineering, and Mathematics) courses can a 24-month extension after their initial Post-Completion OPT authorization.