Master of Science in Financial Engineering

Tuition and Cost

Funding & Assistantship Policy

The MS in Financial Engineering (MSFE) is a non-thesis, professional graduate degree. Because it is a non-research program, tuition-waivering assistantships and research funding are not available to admitted students.
 

Tuition Rates (2026–2027 Academic Year)

  • Illinois Residents: $17,200 per semester
    (See Illinois Residency Qualifications to determine your eligibility.)

  • Non-Resident & International Students: $23,550 per semester

Additional Cost Information: Detailed fee breakdowns can be calculated using the Office of the Registrar Cost Calculator.

Billing & Payments: The University provides electronic billing notification via email. All payments are processed securely through the University Bursar.