Overview

Program in Mathematical Finance / Program in Mathematical Finance is located in Chicago, IL, in an urban setting.

Degrees & Awards

Degrees Offered

Degree	Concentration	Sub-concentration
Master of Mathematical Finance (MMF)

Degrees Awarded

Degree	Number Awarded
Master's Degrees	33

Earning Your Degree

Part-time study available?
Evening/weekend programs available?
Distance learning programs available?	No

Admissions

Acceptance Rate

263

Applied

97

Accepted

22

Enrolled

Applying

75

Application Fee - Domestic

Yes

Electronic
applications accepted?

Yes

Applications processed
on a rolling basis?

Application Deadlines

Type	Domestic	International	Priority date
Fall deadline	August 1st	May 1st	No
Spring deadline	December 15th	October 15th	No

Entrance Requirements

Exam	Details
Master's Degree Exam	GRE (minimum score 1200 old scoring, 310 new scoring)
Master's Degree Requirements	Essay

International Students

Exam	Details
TOEFL: Required	TOEFL Paper score: 600 TOEFL IBT score: 100
IELTS: Recommended	IELTS Paper score: 7

Tuition & Fees

Financial Support

Financial award applicants must submit:	FAFSA
Types of financial support available	Health Care Benefits Institutionally-sponsored Loans Scholarship and/or loans Traineership Tuition waivers for student who do not receive fellowships or assistantships Career or field-related internships Federal Work-Study Financial support for part-time students

Student Body

41

Total Graduate Students

92%

International Breakout (representing other countries)

Race/Ethnicity

Hispanic/Latino	0%
Black or African American	0%
White or Caucasian	0%
American Indian or Alaska Native	0%
Asian	2.44%
Native Hawaiian or Pacific Islander	0%
Two or more races	0%
Unknown	4.88%

Gender

Male (63%)

Female (36%)

Faculty

48

Total faculty

Full-time - 36

Part-time - 12

Male (36)

Female (12)

Research

Focus of faculty research:	Factor models for investment management, credit rating and credit risk management, hedge fund performance analysis, option trading and risk management, global asset allocation strategies
Externally sponsored research expenditures last year:	0

Location & Contact

Address 565 West Adams Street
Chicago, IL  60661
United States

Contact Mr. Tomasz Bielecki
Professor
Email: bielecki@iit.edu
Phone: 312-567-3165
Fax: 312-567-3135

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