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Admission

The application procedure for Master in Mathematical Finance Program is administrated by IIT Stuart School of Business Admission Office.  See below for contact information.

Application requirements

• Bachelor's degree in mathematics, engineering, or equivalent completed prior to enrollment  (minimum GPA of 3.0/4.0)
• GRE (For tests taken prior to August 1, 2011: minimum score of 1200 [quantitative + verbal], 2.5 [analytical writing]; For tests taken after August 1, 2011: mimimum score of 310 [quantitive + verbal], 2.5 [analytical writing])
• Applicants from Non-English-speaking countries must submit TOEFL scores (a minimum paper based score of 600, computer-based score of 250, and Internet-based score of 100)
• Two Essay Questions:
      Why do you wish to pursue graduate study in the program to which you are applying? Discuss how you believe graduate studies will contribute to your professional goals.
      Develop a five-year career plan, including your professional goals and how you intend to implement them. Discuss how you believe your IIT Stuart education will fit in to your plan.
• Resume
• Two letters of recommendation

Some applicants may be required to take prerequisite courses if they lack a significant foundation for the program. An interview for admission may also be required. You may transfer a maximum of two equivalent graduate courses from other institutions subject to the condition that these courses have not been used to earn a graduate degree. Students are only allowed to start the MMF program in the Fall semester, but students who already possess an advanced degree may be approved to begin the program at a different time of year. Please contact the admission office for exceptions.

Application Deadline for Fall Semester
Domestic Applicants - August 1
International Applicants - May 1

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How to apply?

Please follow all instructions and details described on the official Stuart School of Business admission web page.

All applicants are encouraged to apply online for the quickest processing time. A paper application is available upon request from admission@stuart.iit.edu.

If you have any questions about the Admission Process please contact the Admission Office of IIT Stuart School of Business
    Phone: 312.906.6576
    Fax: 312.906.6511
    Email: admission@stuart.iit.edu
    Business Hours: Monday through Friday, 8:30 am to 5 pm CST

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Financial support

IIT Stuart offers merit-based scholarships to select incoming full-time degree-seeking students. Automatic consideration is given via the application for admission—no additional forms are necessary. Accepted students will be notified at the time of admission if a scholarship has been awarded. The following criteria are used to determine these awards:

• Academic history
• Test scores
• Work experience
• Letters of recommendations

For more details and information about financial aid please visit the IIT Stuart Financial Aid Office web site.

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Tuition and Fees

Tuition rates are subject to change, and the information on this page will be updated as that information becomes available. For a complete listing of costs and fees associated with attendance, please visit the Stuart School of Business tuition costs page.