DEGREE · UNITED STATES · VERIFIED RECORD

Master of Science in Financial Engineering (MSFE - Chicago Trading Immersion)

Illini Center · Chicago, Illinois, United States

Target Discipline: mathematicsApplication Deadline: December 15, 2026Official admissions notice ↗

Academic Overview & Description

Elite quantitative finance program leveraging the Illini Center's location near Chicago financial exchanges to master algorithmic trading, stochastic calculus, derivatives risk modeling, and machine learning in quant finance.

Funding & Financial Support

Funding Award: Chicago Quantitative Finance Fellowships of $15,000 awarded based on mathematical merit
Tuition Rate: $58,000 total program tuition
Application Fee: $90

Admission & Candidate Requirements

Academic GPA: 3.5+ GPA in mathematics, physics, computer science, or engineering
English Language: IELTS 7.5 or TOEFL 103
Standardized Exam: GRE quantitative score >= 166 strongly required
Application Materials: Transcripts, technical resume showing C++/Python proficiency, statement of purpose
Letters of Recommendation: Three letters of academic or quantitative industry recommendation

Institutional Guidance

For official application submission procedures, portal logins, and faculty matching, consult Illini Center's detailed profile or visit the department application portal.

Verified record · Updated 2026-10-16 · Editorial standards