Master of Science in Financial Engineering

The M.S. in financial engineering is a 3-semester STEM-designated professional master's program. As a joint venture by the Department of Industrial and Enterprise Systems Engineering in The Grainger College of Engineering and the Department of Finance in the Gies College of Business, MSFE students have access to the top engineering and business minds in the country.

The Grainger College of Engineering at the University of Illinois Urbana-Champaign is a formidable force in engineering. Our sought-after faculty, top-flight rankings, and award-winning graduates haven't just turned heads - they've changed the world. The list of inventions and innovations, prize-winners and patents, solutions, and start-ups that have come from Grainger Engineering is too long to list. Our high-achieving and determined learners, coupled with our high standards and powerful opportunities, yield great rewards not only for our students but for all. 38 top ten ranked degrees and specialties, 28 in the top 5 #5 overall undergraduate engineering program #11 overall graduate engineering program 98% of students secure top-choice employment or continued education 5 year Ph.D. funding guarantee.

Our Impact

The Grainger College of Engineering is one of the top engineering programs in the world, enabling individuals to improve their quality of life through education, research, innovation, entrepreneurship, and societal engagement. Our graduates and faculty transform the world for the better.

Leading excellence in engineering education and research

The Grainger College of Engineering at the University of Illinois is a leader in engineering and computing education, research, and public engagement. Our diverse, tight-knit community of faculty, students, and alumni is driving the future of technological advancements and innovation, relentlessly pursuing knowledge and empowering the next generation of engineers. Collectively, we are pushing the boundaries of what is possible to solve the world's greatest challenges and leaving a lasting legacy of excellence.

• 10,000+ students from 50 states and 100+ countries
• 400+ expert faculty leading breakthrough research
• 38 top-ten-ranked degree programs and specialties
• $221M in total research expenditures
• 97,000+ alumni worldwide
• $75,450 average BS degree starting salary
• 60+ labs, research centers, and institutes
• 9+ multidisciplinary research centers