Admissions
Professional STEM-Designated Graduate Degree Program in Financial Engineering
The Master of Science in Financial Engineering (MSFE) degree program is jointly sponsored by the Department of Industrial and Enterprise Systems Engineering (ISE) in The Grainger College of Engineering and the Department of Finance in the Gies College of Business.
The Master of Science in Financial Engineering Program can be completed in 18 months, and begins in August each year. The second and subsequent semesters allow students the flexibility to pursue specialized tracks within the program, such as Data Analytics in Finance, Advanced Analytics in ISE and Automated Trading Practices. A corporate-sponsored “practicum”, provides students opportunities to address real world financial modeling problems and provides access to state-of-the-art analytic tools and software products.
Admissions are held each year from November 1 to April 15. Visit our Admission Requirements page for full details on our application requirements.
Practicum Projects
A signature part of the MSFE program at the University of Illinois is the requirement that students complete a corporate-sponsored, semester-long and team-based project applying their skills to a real world project.
"The program is very well designed keeping present day industry requirements in mind, the best part of the course is the Practicum, where we get to work on real time projects with a firm. The curriculum just makes you industry ready!"
Akhil Surannanavar 2018
Class of 2026 Cohort Profile
The application process is the first step to pursuing an academic path that will create the career you're looking for.