Detailed Program Facts

Application Fee

  Application Fee: CAD 100 FREE

Tuition Fee

 CAD 50,636 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
• GRE
  • Minimum Overall Score - 300.0  
• GMAT
  • Minimum Overall Score - 500.0  
• SAT
  • Minimum Overall Score - 550.0  
• DUOLINGO
  • Minimum Overall Score - 115.0  

• Minimum Level of Education Required: To be accepted into this program, applicants must have Master's Degree.

• Minimum CGPA Required: 70.00 %

Additional Information

Career Opportunities
Graduates of the Ph.D. in Finance program have a wide choice of careers.

For those seeking a career in industry, this program can lead to senior research positions and other roles in investment management, risk management, trading, corporate finance, commercial banking, think tanks, and government policy and regulation.
For those interested in a traditional academic career focused on teaching and research, the program can lead to tenure-track positions.
The program’s learning content is designed to fulfill expectations of potential employers worldwide in all of these sectors. Stuart doctoral graduates hold positions at companies and universities such as:

Amazon
BMO Harris
Carnegie Mellon University
City University of New York
Discover Financial Services
East China Normal University
Beijing Normal University
Envestnet Asset Management, Inc.
Federal Home Loan Bank
Industrial and Commercial Bank of China (ICBC)
Kean University (New Jersey)
St. Mary’s University (Texas)
Morningstar
Morgan Stanley
State Street Global Advisors
Toronto Stock Exchange
Union Bank of Switzerland
Wells Fargo
Zacks Investment Research

Scholarships

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):

1. Pre-Completion OPT: This is temporary employment provided to F-1 students before completion of their course of study.
2. Post-Completion OPT: This is temporary employment available to F-1 students after completing their course of study.
3. 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.