Master of Science in Management (iMSM)

Tuition 

At $347 per credit hour, a 4-credit-hour course would cost $1,388 and a 2-credit-hour course would cost $694.

Estimated Expenses:

• Credit hours required: 36

• Cost per credit hour: $347

• Total tuition: $12,492*

*Annual inflation rate adjustments to tuition possible. Additional costs for case packets may be incurred. Student participation in immersion, alumni, and networking events are not included.

“Pay-As-You-Go”

Pay for your degree as you go — each time you take a course, pay tuition for that course only. If a scheduling conflict arises, you are free to take a term off and you won’t be charged during that term.

For a sample tuition payment schedule, see the “Program Length” section on the Academics page.

Scholarship Opportunities

Gies College of Business and Coursera have partnered to offer a limited number of competitive scholarships covering 70% of tuition each term. . The scholarship application can be completed within your graduate college application. Scholarship applications are only open throughout certain periods of the year. Please check the iMSM Admissions page to see which deadlines you can apply for scholarship consideration. Financial Aid & Tuition Reimbursement

To learn more about financing your degree, visit the Degrees Financial Resources Hub.

Students are encouraged to seek tuition reimbursement through their employer. We recommend that you speak with your manager or HR department to see what’s available to you as an employee.

Please see below for frequently asked questions regarding financial aid.

Is there financial aid available for students in the United States?

Yes. Domestic, degree-seeking students may qualify for student aid. To learn more about federal financial aid, please visit the Office of Student Financial Aid. Coursera financial aid is available for open courses. To learn more please visit the Coursera Learner Help Center.

Does the iMSM program offer tuition waivers?

The iMSM program does not offer tuition waivers. Private sources of financing are available: many employers offer a tuition reimbursement policy, as do local organizations such as chambers of commerce, private foundations, religious organizations, or professional associations. Some state or national governments offer tax credits or funding support for specific areas of study.

Can I pay tuition in installments?

Yes, the University of Illinois offers tuition payment plans. More information is available here.

Please also note that tuition and fees are due on a pay-as-you go basis. Each semester you will be billed only for enrolled courses. You can complete your courses over as many as 8 semesters at a pace that fits your schedule and budget.

Does the iMSM offer financial support for U.S. veterans?

GI Bill Veteran educational benefits are eligible for the iMSM. To learn more about education benefits available to active-duty military, military spouses, or military veterans, visit the U.S. Dept. of Veterans Affairs.

Military service members — both active duty and veterans — also qualify for an application fee waiver. Submit verification of your current military status (e.g., DD214, recent LES, or other documentation) within your application file.