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MS in Finance

Two student looking at a computer screen with a professor speaking to a student in the background.

Get graduate-level training in finance at a Research 1 university in the heart of Chicago.

The Master of Science in Finance at UIC Liautaud is a 32-credit-hour accredited program -- STEM designated -- at a Research 1 university overlooking downtown Chicago. MSF students gain a solid foundation in the principles of modern finance, and specialize in one of four areas: corporate finance, asset management, banking and capital markets, and commodities, derivatives, and financial exchanges. Students perform coursework in the Market Training Lab, a virtual trading center featuring state-of-the-art industry software.

Important Dates

International Applicants

Domestic Applicants


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 full-time study (or more than one year of part-time study). 

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 Office
  • To view the MSF brochure, click here.

Program Outcomes

Preparation for a range of finance occupations. 

View Degree Requirements

Required Courses (12 hours)
Corporate Finance
Quantitative Methods in Finance
Electives (20 hours)
Elective courses will be selected in consultation with an advisor based upon student's educational and professional goals. Courses can be chosen from following list of approved electives; other courses may be chosen with approval of director of graduate studies. At most, 8 hours can be in disciplines other than finance.
Portfolio Analysis
Theory and Structure of Options and Futures Markets
Money and Banking
Capital Markets
International Finance
Financial Decision Making I
Empirical Issues in Finance
Special Topics in Finance
Independent Study in Finance
Financial Accounting I
Financial Statement Analysis
Corporate Valuation and Accounting Information
Data Mining for Business
IDS 582/ECON537
Time Series Econometrics
IDS 583/ECON538
Business Research and Forecasting II

Program Faculty

Clinical Associate Professor Ozgur Arslan-Ayaydin

Özgür Arslan-Ayaydin

Clinical Professor of Finance
Head and shoulder photo of Gib Bassett

Gib Bassett

Emeritus Professor of Finance
Andriy Bodnaruk, Professor of Finance

Andriy Bodnaruk

Interim Head of Department
Kaushik Kompella, Master of Science in Finance, 2018

In today's world, no matter which field we belong to, innovation by incorporating technology is the key to succeed and propel forward. Likewise, UIC's MSF program has followed a similar approach in developing an innovative curriculum! The MSF program at UIC is an enriching experience. The great part is that it's a STEM program where most of the courses are quantitative and analytics driven. The coursework is designed in such a way that there is a good blend of conceptual and practical learning. This includes usage of state of the art tools which are currently employed in the industry. I would highly recommend this program to any individual focussing to build a career in Fin/FinTech domains.

Kaushik Kompella, Senior Associate, PwC
MSF '18

Student Organizations/Activities

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

Students participate in investment challenge competitions against other universities. 

Career Placements

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


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.