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Online Master of Science in Finance

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Explore Our Online Master’s Degree in Finance

Online

12 Months*

30 Credit Hours

$1,000 Per Credit

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Master Financial Strategies and Analytical Skills for a Career in Finance

Earn a nationally ranked Master of Science in Finance from Illinois Tech’s Stuart School of Business. This flexible program is designed for working professionals with 100 percent online, accelerated eight-week courses. We have constructed its rigorous curriculum to prepare you for leadership roles in modern corporate finance with emphases on financial analysis and analytics, venture capital and investment banking, and strategic, data-driven decision making. You’ll learn data modeling and gain hands-on experience in using advanced financial techniques from faculty who bring insights from both industry and the latest academic research. If your goal is to advance in corporate finance or launch a startup, this program will equip you with the tools and knowledge to succeed. JP Morgan, Federal Reserve Bank, Northern Trust Corporation, and many other major corporations have hired graduates of Stuart’s M.S. in Finance program.

*The program can be completed in as few as 12 months if two classes are taken each term.

Program Details

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More Information About This Program

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Curriculum

Master’s in Finance Online Courses

30 Total Credits

10 Courses

This 100 percent online finance master’s program blends advanced financial theory with practical skills. Courses cover key mathematical concepts and methods used in finance and the financial markets, both in the United States and globally, giving you tools to analyze the financial health and risk of companies. Explore asset valuation, institutional operations, and equity research through real projects guided by industry professionals. The curriculum in this AACSB-accredited program prepares you to thrive in fast-paced finance careers. Transfer up to nine credit hours and finish faster.

Gain Finance Expertise with Market Insights

Build Your Understanding of the Big Picture of Business and Finance

Dive into concepts of economics—from supply and demand models to competition and market structure—that shape the environment in which all businesses and organizations operate.

Develop Analytical Skills for Finance

Master the art and science of spreadsheet modeling and hone your skills in credit, financial, and investment analysis.

Enhance Financial Management and Decision-Making Skills

Learn concepts and processes for informed financial decision making, how to interpret external financial reports, and how to use financial instruments to manage firm risk.

Curriculum Details

Admissions Requirements

Apply for Your Online Master of Science in Finance Degree Program Today

Application Deadline 9/29/25

Start Date 10/13/25

At Illinois Tech, we make graduate education more accessible and flexible. No test scores are required, there’s no application fee, and you can transfer up to nine credits. With multiple start dates year-round, you can begin when it works best for you. Take the next step in your finance career and explore the admission requirements for the online master’s program below.

Online Application FormApply Now
Degree and Minimum GPABachelor’s degree from a regionally accredited institution with a minimum cumulative undergraduate GPA of 3.0* on a 4.0 scale
TranscriptsOfficial transcripts are required for all previous undergraduate and graduate study.
Transfer CreditsUp to 9 transfer credits accepted
Additional RequirementsResume or CV

*Applicants with a lower GPA will be considered based on work experience and time since degree completion.

Online Admission Requirements

Illinois Tech strives to make higher education accessible to everyone. We’ve made it easier to apply by not requiring test scores or an application fee. We also accept applicable transfer credits toward your graduate program. With multiple start dates offered year-round, you can begin when it fits your schedule. Plus, our enrollment advisers are here to support you.

Admissions

Tuition and Aid

Stay on Budget With Illinois Tech’s Affordable Pay-As-You-Go Tuition

Calculate your cost for attending Illinois Tech Use our tuition calculator to help you estimate your total tuition costs.  

Illinois Tech is committed to making your education accessible and rewarding. We offer a range of financial aid options including scholarships, grants, and assistantships. You can transfer up to nine credit hours, which can help you save on tuition and finish your degree sooner. We encourage all students to complete the FAFSA and explore outside scholarships to maximize support.

Cost per Credit Hour$1,000
Total Number of Credit Hours30
Total Estimated Tuition$30,000
Other Costs to Budget ForThe estimated tuition cost does not include factors like textbooks, fees, or other expenses.

Military Students at Illinois Tech

Illinois Tech proudly processes United States Department of Veterans Affairs (VA) benefits for admitted veteran and active-duty students. Veterans admitted to Illinois Tech are eligible to apply for these VA benefits: the Montgomery GI Bill, the Post-9/11 Program, the Yellow Ribbon Program, the Reserve Educational Assistance Program (REAP), the Survivors’ and Dependents’ Educational Assistance (DEA), and the Veterans Educational Assistance Program (VEAP).

Tuition and Financial Aid

At Illinois Tech, we are committed to making your educational journey both enriching and accessible. We encourage you to complete the Free Application for Federal Student Aid (FAFSA) to access federal and state financial assistance and explore external scholarships to maximize your funding opportunities.

Tuition Details
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Online Master’s in Finance Career Opportunities

As a graduate of Illinois Tech’s master’s degree in finance online program, you will gain the in-demand corporate finance skills that top companies seek and a fundamental understanding of how financial management and decision-making works. Stuart finance graduates have launched successful careers at HSBC, Calamos Investments, EY, and other companies.

Corporate Finance Careers

Financial Manager $161,700 per year1

Financial Analyst $101,910 per year2

Keenan Ibrahimbacha

“Picking a graduate program is all about fit. I was looking for a program that could improve my programming skills, a program that competed in competitions, and a program that had current industry professionals teaching. Stuart checked all of my boxes.”

–Keenan Ibrahimbacha (M.S. FIN ‘20)

What You’ll Learn

Upon completion of this program, you will have gained comprehensive knowledge of:

  • The primary mathematical methods used in finance and financial markets, including calculus, precalculus, probability, and statistics, for application in simple and compound interest, annuities and mortgages, option pricing and strategies, and elementary portfolio theory
  • Topics in corporate financial management such as cost of capital, capital budgeting, capital structure decisions, working capital management, dividend payout policy, debt and equity financing, and corporate governance
  • Key accounting concepts, financial ratios, forecasting techniques, and industry issues critical in interpreting and analyzing external financial reports
  • How to implement quantitative models and analytical methods for decision making using Microsoft Excel
  • Investment banking concepts and applications, including comparable companies’ analysis, precedent transaction analysis, discounted cash flow analysis, leverage buyouts, venture capital, and sell-side and buy-side mergers and acquisitions
  • Topics in equity valuation processes and applications—dividend discount, free cash flow, residual income, market-based valuations, private and distressed company valuations—and a hands-on project to complete and present an equity research report for a selected U.S. public company

Learn from Expert Faculty Who Are Here for You

Our faculty bring real-world experience from their professional fields and are passionate about building meaningful connections. They are here to mentor you, offer personalized support, and help you reach your goals.

Michael Rybak

Michael Rybak, Clinical Associate Professor of Finance

Faculty Spotlight: Michael Rybak

Clinical Associate Professor of Finance

Michael Rybak is a Chartered Financial Analyst and a Certified Public Accountant. He is a clinical associate professor of finance at Illinois Institute of Technology Stuart School of Business, where he teaches graduate investment-related courses including financial statement analysis (applications), asset valuation, corporate finance, and investment banking. Previously, he taught finance undergraduate and graduate courses at DePaul University for 12 years.

Since 1998, Rybak has been actively involved in teaching CFA exam-related courses in the Stalla CFA Review Program, DePaul University CFA Review Program, and Schweser CFA Review Program. Rybak was the lead instructor in charge of the Chicago-based Stalla CFA Review program for 10 years and a member of the national editorial staff. In addition, Rybak has been a member of the Becker CPA editorial team since 2012 involved in creating new student textbooks and exam question material. 

His professional experience includes over 25 years of work in commercial and investment banking, risk management, and consulting industries. 

Online Learning Experience

At Illinois Tech, your success matters—wherever you are. Our online programs are powered by Canvas and led by dedicated faculty who are always within reach. With personalized support at every stage, you will never feel like you’re alone.

  • Learn from experienced, hands-on faculty who understand the online learning environment
  • Complete your coursework on your schedule wherever life takes you
  • Connect with a diverse, global community of peers and expand your perspective
Discover Illinois Tech Online

Sources

  1. Bureau of Labor Statistics, U.S. Department of Labor. Occupational Outlook Handbook. “Financial Managers” Retrieved July 2025, from https://www.bls.gov/ooh/management/financial-managers.htm.
  2. Bureau of Labor Statistics, U.S. Department of Labor. Occupational Outlook Handbook. “Financial Analysts” Retrieved July 2025, from https://www.bls.gov/ooh/management/financial-analysts.htm.