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

Starting 2026-08-22 00:00:00
- Apply before 2026-06-15 00:00:00 , International
- Apply before 2026-08-15 00:00:00 , National
Starting 2027-01-09 00:00:00
- Apply before 2026-11-15 00:00:00 , International
- Apply before 2027-01-07 00:00:00 , National
Starting 2027-05-15 00:00:00
- Apply before 2027-03-15 00:00:00 , International
Starting 2028-05-15 00:00:00
- Apply before 2027-05-15 00:00:00 , National

Language

English

TOEFL^® IBT

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PTE Academic

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IELTS

6.5

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Credits

30 alternative credits

Delivered

On Campus

Campus Location

Chicago, United States

Disciplines

Marketing Energy Engineering Commerce View 276 other Masters in Marketing in United States

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Academic requirements

GPA

GRE^®

Required

GMAT

Required

English requirements

TOEFL^® IBT

Schedule TOEFL®

PTE Academic

Schedule a PTE test!

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

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 Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

29628 USD / year

≈ 29628 USD / year
Out-of-State

29628 USD / year

≈ 29628 USD / year

Living costs

Chicago

United States

1297 - 2491 USD / month

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

Financing

Interested in financing your studies? Find a student loan that works for you.

MPOWER Financing No cosigner. No collateral. No hidden fees.

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Get the funding you need to study in the U.S. or Canada - with a process that's fast, simple, and built for international students.

Flexible loans from US$2,001 to US$100,000
Fixed interest rates -- no inflation surprises
No upfront fees or prepayment penalties
Accepted at 500+ universities across the U.S. & Canada
100% online application -- instant conditional offer
Free visa & career support through our Path2Success program

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

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Scholarships Information

Below you will find Master's scholarship opportunities for Electricity Markets.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

On this page

About

Overview

Program Overview

Career Opportunities

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Living costs

Chicago

Financing

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

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