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Illinois Institute of Technology

Program in Mathematical Finance

Chicago, IL

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Illinois Institute of Technology

Overview

Illinois Institute of Technology / Program in Mathematical Finance is located in Chicago, IL, in an urban setting.

Degrees & Awards

Degrees Offered

Degree Concentration Sub-concentration
Master of Mathematical Finance (MMF)

Degrees Awarded

Degree Number Awarded
Master's Degrees 33

Earning Your Degree

Part-time study available? Yes
Evening/weekend programs available? Yes
Distance learning programs available? No

Admissions

Acceptance Rate

263
Applied
97
Accepted
22
Enrolled
37%

Applying

75
Application Fee - Domestic
Yes
Electronic
applications accepted?
Yes
Applications processed
on a rolling basis?

Application Deadlines

Type Domestic International Priority date
Fall deadline August 1st May 1st No
Spring deadline December 15th October 15th No

Entrance Requirements

Exam Details
Master's Degree Exam GRE (minimum score 1200 old scoring, 310 new scoring)
Master's Degree Requirements Essay

International Students

Exam Details
TOEFL: Required TOEFL Paper score: 600
TOEFL IBT score: 100
IELTS: Recommended IELTS Paper score: 7

Tuition & Fees

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Financial Support

Financial award applicants must submit: FAFSA
Types of financial support available Health Care Benefits
Institutionally-sponsored Loans
Scholarship and/or loans
Traineership

Student Body

41
Total Graduate Students
7%
International Breakout (representing other countries)
92%
Out-of-state students

Race/Ethnicity

Hispanic/Latino Not Reported
Black or African American Not Reported
White or Caucasian Not Reported
American Indian or Alaska Native Not Reported
Asian 2.44%
Native Hawaiian or Pacific Islander Not Reported
Two or more races Not Reported
Unknown 4.88%

Gender

Male (63%)
Female (36%)

Faculty

48
Total faculty
Full-time - 36
Part-time - 12
Male (36)
Female (12)

Research

Focus of faculty research: Factor models for investment management, credit rating and credit risk management, hedge fund performance analysis, option trading and risk management, global asset allocation strategies
Externally sponsored research expenditures last year: 0

Location & Contact

Address 565 West Adams Street
Chicago, IL  60661
United States
Contact Mr. Tomasz Bielecki
Professor
Email: bielecki@iit.edu
Phone: 312-567-3165
Fax: 312-567-3135

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