12 months
Duration
29628 USD/year
29628 USD/year
Unknown
Tuition fee
Unknown
Apply date
Unknown
Start date

About

Illinois Tech’s Master of Electricity Markets at the Illinois Institute of Technology combines courses from graduate programs in electrical engineering and finance to address the changing needs of the electric power industry. 

Overview

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.

Career Opportunities

Our graduate Master of Electricity Markets program at the Illinois Institute of Technology will prepare you for such careers as:

  • Principal electrical power systems software engineer
  • Power systems engineer
  • Electric power engineer

Programme Structure

Courses include:
  • Power Market Operations
  • Deregulated Power Systems
  • Power System Transaction Management
  • Control and Operation of Electric Power Systems
  • Valuing Energy Derivatives
  • Energy Markets
  • Power System Analysis
  • Advanced Power System Analysis

Key information

Duration

  • Full-time
    • 12 months

Start dates & application deadlines

Credits

30 alternative credits

Delivered

On Campus

Academic requirements

GPA admission requirements GPA
3
GRE admission requirements GRE®
Required
GMAT admission requirements GMAT
Required

Other requirements

General requirements

  • Illinois Tech requires a four-year bachelor’s degree conferred with a minimum cumulative undergraduate GPA of 3.0/4.0 (or its equivalent) from an accredited institution for regular admission.

  • Academic requirements: GPA of at least 3.0.
  • GMAT or GRE is required: GRE/GMAT is required, apart from Master of Public Administration. 
  • Personal Statement required
  • Letter of Recommendation is suggested, but not required

Tuition Fee

To alway see correct tuition fees
  • International

    29628 USD/year
    Tuition Fee
    Based on the tuition of 29628 USD per year during 12 months.
  • National

    29628 USD/year
    Tuition Fee
    Based on the tuition of 29628 USD per year during 12 months.

Living costs for Chicago

1297 - 2491 USD /month
Living costs

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

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

Electricity Markets
-
Illinois Institute of Technology

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