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Master of Science in Finance

Prepare for your career in finance in the heart of Chicago.

The Master of Science in Finance Program at UIC Business Liautaud Graduate School is a STEM designated program, just steps from the Chicago Loop – the city’s financial district. As an MSF student, you will gain a solid foundation in the principles of modern finance and specialize your coursework in a sought after field. You will also have the opportunity to perform coursework in our Marketing Training Lab, a virtual trading center featuring state-of-the art industry software including Bloomberg terminals.

GMAT/GRE Waivers Heading link

For fall 2022 and spring 2023 applicants, the MS in Finance program offers GMAT/GRE waivers for the following:

Please complete the GMAT/GRE waiver request form to find out if you qualify. Please note that competitive GMAT/GRE scores may help your chances of admission and being awarded merit aid.

UIC Business MS in Finance Ranks 89th Heading link

QS World University Rankings has ranked three UIC Liautaud Graduate School of Business programs in their top master’s programs.

Full Rankings

Curriculum Heading link

The MSF Program provides a strong foundation in the principles and practice of modern finance. The program introduces the latest concepts and issues affecting today’s financial professionals.

STEM-designation: The program is STEM (Science, Technology, Engineering, and Mathematics) designated for its focus on advanced quantitative skills.

Fast-paced and flexible: Thirty-two credit hour degree program that can be completed in one year of full-time study or more than one year of part-time study. Students may be assigned additional prerequisite coursework depending upon their academic background.*

Areas of Specialization:
The program offers tracks including:

  1. Corporate Finance
  2. Asset Management
  3. Commodities, Derivatives and  Financial Exchanges
  4. Banking & Capital Markets

Market Training Lab: Virtual trading center featuring industry software products, and academic research data.

Financial Certification Preparation: Preparation for professional exams.

More Information

  • *For a full list of requirements, including prerequisites, visit the UIC Catalog.
  • For a full list of offered courses, visit the Course Catalog.
  • For information about tuition and fees, visit the Tuition Page.

Career Outcomes Heading link

82% of recent graduates (2019-2020) had been employed within six months of graduation with an average starting salary of $72,000.

Explore Degree Requirements

Program Faculty Heading link

In Their Own Words Heading link

Shivani Brahme, MSF '21

The MSF program is meticulously designed to be the perfect blend of concepts in finance and their applicability to the real world. The benefits of this program include the range of electives that allow you to tailor the program according to the career path you aspire. Faculty members have worked in the finance industry for years, and I have developed my professional skills by learning from them. Overall, my experience at UIC has been memorable and I have built valuable and long-lasting connections.

Shivani Brahme, Analyst, Goldman Sachs  |  MSF ’21

FIN 594 Financial Communication

The ability to effectively communication is a must for a well-rounded financial professional. This course will provide a foundation in written, verbal and visual communication. Instruction will be from a practitioner’s perspective with a focus on honing skills that students will use in their everyday work life.

Those skills go beyond simply being able to write a report about current macroeconomic conditions or put together a slide deck for a roadshow. Learning to write means learning to organize, to analyze, to summarize and to persuade. It means resisting the urge to just dump data or to fall into opaque jargon. The elements behind effective writing directly translate to effective speaking, not to mention self-confidence and credibility in the workplace.

As with other aspects of the industry, financial communication is subject to significant regulatory oversight, particularly when the communication is directed toward the public. Instruction will reflect this reality, with students learning how to create content that meets required compliance standards

For more information, contact Terry Badger.

FIN 594 Behavioral Finance

Standard finance theory assumes that market participants are rational, an assumption that leaves basic facts of the stock market unexplained. By assuming that some investors aren’t fully rational, behavioral finance better explains some financial phenomena. This course will focus on two areas: limits to arbitrage and how rational traders react to irrational traders, and investor psychology and the deviations from full rationality we can expect to find in financial markets.

For more information, contact Andriy Bodnaruk.

FIN 594 Securities Markets and Trading

Learn how securities are traded in modern electronic financial markets. You’ll uncover the design, operation, and regulation of trading processes with a special emphasis placed on trading simulations related to agency trading, liability trading and market making. This course is suited to people who plan to work or are interested in securities exchanges and high-frequency trading.

In Their Own Words Heading link

Jane Gromova, MSF Class of 2021

The MSF program has been the most influential to my academic and professional development. As a former international student, UIC MSF faculty and advisors were the most helpful in my transition to the American academic and business culture. One of the most valuable aspects of the UIC MSF program is how multi-faceted the curriculum is. During the program, I was able to focus both on financial strategy and business processes as well as the analysis-heavy topics such as Financial Analysis and Portfolio Management. The holistic approach to teaching with hands-on experience in the form of multiple projects is truly unique. I graduated from UIC not only with a degree in Finance but with plenty of meaningful, life-long connections with other students, professors, and mentors.

Jane Gromova, Finance Transformation Consultant, Deloitte  |  MSF ’21

Student Organizations/Activities Heading link

The Graduate Finance and Investment Group sponsors talks by Chicago finance professionals on recent developments in Finance.

Students participate in investment challenge competitions against other universities.

Assistantships Heading link

Each semester, the department offers at least three TA positions to second-semester MSF students. Offers are determined based on the student’s first-semester academic performance at UIC.

Career Placements Heading link

  • Financial Analyst
  • Portfolio Manager
  • Trader
  • Risk Management
  • Corporate Finance
  • Commercial Banking

Additional Information Heading link

UIC Business offers the resources you need to take your career to new heights.

Resources

The MSF Program offers resources to enhance your educational experience including talks by executives from Chicago financial exchanges and trading firms. The market trading lab introduces software used by industry professionals.

Business Career Center

Job search facilitated by the Business Career Center. Professional guidance enables an efficient job search tailored to career goals.

Market Training Lab

The Lab offers tutorials that introduce trading and statistical software.