Quantitative Finance (M.B.A.)

The Master of Business Administration (M.B.A.) Quantitative Finance program at Illinois Institute of Technology’s Stuart School of Business offers rigorous training in management and finance that distinctively prepares you for high-level managerial and consulting roles in a wide range of businesses and organizations.

The program’s tech-focused curriculum is designed to build your comprehensive business skills and expertise in strategic decision-making, analytics, leadership, and managing innovation. Courses drawn from Stuart’s nationally ranked M.S. in Finance program provide a foundational understanding of finance, financial instruments, and financial markets that you can apply in any business environment.

You’ll study with faculty who bring extensive industry experience into the classroom and teach with an applied approach that connects theory to real-world practice. You’ll also benefit from Illinois Tech’s legacy of 125 years of business education and curricular innovation, including establishing quantitative finance as an academic discipline and offering the world’s first graduate program in financial markets and trading.

Our location in downtown Chicago—home to the world’s largest markets in financial derivatives—and connections with leading professionals and companies across the city’s global business and financial hub provide opportunities for internships, networking, and jobs.

Our exclusive partnership with Chicago Innovation provides Stuart M.B.A. students with a free membership and access to the organization’s many business and networking events, which are annually attended by more than 10,000 successful professionals. 

Through Illinois Tech’s one-of-a-kind Elevate program, you are guaranteed access to hands-on experiences throughout your graduate years, such as virtual and in-person internships and projects, business competitions, and more. You’ll also receive personalized mentorship to guide your academic studies and career planning.

STEM-Designated Program

This is a STEM-designated program, and international graduates of the program are eligible to apply for an extension for Optional Practical Training, which allows selected students to stay and work in the United States for up to three years after graduation.

Program Overview

Stuart’s M.B.A. Quantitative Finance program combines a broad-based knowledge of management and operations, business decision-making, and leadership with quantitative skills and knowledge in finance. Our graduates are prepared to excel in key management and leadership roles, and advance their careers at businesses and organizations across all industries.

Career Opportunities

Graduates of this program are prepared for managerial careers in a broad range of companies and industries where their understanding of finance, financial instruments, and financial markets is an asset.

Financial managers are in high demand, with projected job growth of 16 percent from 2022–2032, according to the United States Bureau of Labor Statistics’ Occupational Outlook Handbook, and with median annual pay in 2022 of $139,790 for professionals in that occupation.

Have Questions? Connect with Us

For any questions about Stuart School of Business degree programs or the application and enrollment process, contact our Director of Student Recruitment Claire Johnson.

Scholarships

Students pursuing the M.B.A. Quantitative Finance degree in academic year 2024–25 who demonstrate a continuing commitment to innovation are eligible for the Chicago Innovation Scholarship, which awards up to $14,000 over the course of six semesters. Read more about Stuart scholarship opportunities and tuition and fees:

Stuart Scholarships   Tuition and Fees