Master of Science in Financial Engineering at Illinois

Master of Science in Financial Engineering at Illinois MSFE is a joint venture between Grainger College of Engineering and Gies College of Business.

We teach the skills needed for quantitative analysis of financial instruments and markets. Our graduates are able to take these tools to corporations, financial institutions, and regulatory bodies, to use these markets to manage risk effectively today—and to develop the techniques and institutions to manage the new risk challenges of tomorrow. To apply for the Illinois MSFE Program, please visit http://msfe.illinois.edu

Shout out to our Director, Professor Liming Feng, on winning the • The ISE Department Head Teaching Award!  This award i...
05/12/2026

Shout out to our Director, Professor Liming Feng, on winning the • The ISE Department Head Teaching Award!

This award is given for excellence in teaching ISE courses such as “Statistical Methods in Finance” (IE 522) and for his dedication in leading “MSFE Practicum Project” (IE 583). He is regularly included in the List of Teachers Ranked as Excellent for both courses. Congratulations, Professor Feng!

Class of 2025 Alums Adrian and Michael tell us about their experience to MSFE from undergrad programs ECE and ISE.Thinki...
01/23/2026

Class of 2025 Alums Adrian and Michael tell us about their experience to MSFE from undergrad programs ECE and ISE.

Thinking of applying? Our Preferred Pathway application is just for University of Illinois undergrads! Head to our website for full details!

MSFE Alums Adrian (MS '25) and Michael (MS' 25) tell us about their experience to MSFE from ECE and ISE.

We love a good graduation pic!  Congrats to all our December MSFE graduates and best wishes!📸 courtesy of Michael Wattel...
01/09/2026

We love a good graduation pic! Congrats to all our December MSFE graduates and best wishes!

📸 courtesy of Michael Wattelet, MSFE Class of 2025

10/30/2025
Join us for a free Information Session about the MS Financial Engineering Program on November 13.  Register here!
10/29/2025

Join us for a free Information Session about the MS Financial Engineering Program on November 13. Register here!

Information Session

Admissions open on November 1 for the Fall 2026 cohort!
10/29/2025

Admissions open on November 1 for the Fall 2026 cohort!

Professor David Lariviere of the Department of Industrial and Enterprise Systems Engineering (ISE) at the University of ...
09/03/2025

Professor David Lariviere of the Department of Industrial and Enterprise Systems Engineering (ISE) at the University of Illinois Urbana-Champaign has received the 2025 STAC Fellowship Award by the Strategic Technology Analysis Center (STAC), earning the organization’s highest individual honor: the “STAC White Lab Coat”.

Professor David Lariviere Receives 2025 STAC Fellowship Award

Welcome, MSFE Class of 2026!
08/28/2025

Welcome, MSFE Class of 2026!

Address

1304 W Springfield Avenue
Urbana, IL
61801

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

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