program detail
Application icon

USD 32040

Annual Tuition Fee

!
*Subject to change and other fees
Application icon

USD 100 Waived

Application Fee

Duration icon

24 months

Duration

Duration icon

6.5

IELTS

Duration icon

80

TOEFL

Duration icon

70%

Min GPA

Program Overview

Illinois Tech’s Master of Electricity Markets combines courses from graduate programs in electrical engineering and finance to address the changing needs of the electric power industry. Electricity is traded as a commodity in financial markets, which affects the way electric power grids are controlled and operated, and restructuring of electricity delivery brings major changes to the electric power industry,

The Department of Electrical and Computer Engineering and Illinois Tech's Stuart School of Business have teamed up to offer graduate-level coursework in electricity suitable for electric power engineers, preparing students to understand both the technical and business side of such changes.

Students courses include power system planning, financial planning, and elements of sustainable energy.

Program Overview

This program offers students graduate-level coursework in electricity suitable for electric power engineers and prepares students to understand both the technical and business side of such changes. Students courses include power system planning, financial planning, and elements of sustainable energy.

Read more

Additional Information

Program Level Master's Degree

College/University Processing Time 28 Days

Program Format Full-Time

Optional Practical Training (OPT) work permit

Program Intake

Open

Aug 2025

Closed

Jan 2025, Aug 2024

General Admission Requirement

    Academic Requirement

    • Minimum Level of Education Required: To be accepted into this program, applicants must have a Bachelor's Degree.

    6.5 IELTS Score
    80 TOEFL Score Minimum Overall Score
    115 Duolingo Minimum Overall Score
    304 Gre Minimum Overall Score
    70% CGPA Minimum Overall Score

    Similar Programs

    Tuition Fee

    The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the Programs page.

    Average Tuition Fee Per Year

    32040

    Tuition Fee
    (USD)

    USD 100 Waived

    Application Fee
    (USD)

    12000 Per year

    Average Cost of Living
    (USD)

    info icon

    The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

    Check program website for more information about funding options.

    Scholarships

    Illinois Tech has several of its own competitive scholarship programs that are open to both undergraduate and graduate students. All domestic undergraduate first-year and transfer students are automatically considered for scholarships that cover a generous portion of expenses such as tuition. Graduate students in select degree programs also may be considered for additional special scholarships, beyond any fellowships that they may receive.

    Not sure what you are looking for?

    Don’t worry, we are here to help.

    Let's Talk

    World class education waiting for you.

    Popular university and colleges for Studying abroad.

    Popular English Language Proficiency Exams

    Study in USA Blogs & Articles