Illinois Institute of Technology

Master in Electricity Markets

Chicago, United States Taught in English Open to international students

Introduction

Illinois Institute of Technology in Chicago is a technology-focused research university with a strong emphasis on engineering, architecture, computing, and applied sciences. Founded in 1890, IIT serves roughly 6,500 students and offers more than 130 programs across undergraduate and graduate levels. Its urban campus provides direct access to Chicago's tech firms, design studios, and research centers, making industry collaboration and internships readily available.

IIT is known for integrating rigorous academics with practical experiences that prepare students for career advancement and entrepreneurship. A substantial international student population contributes to a diverse campus culture and global perspective in classrooms and labs. Faculty-led research, startup incubators, and career services work together to help students translate skills into employment, licensure, or further study.

Prospective international students can expect focused curricula, strong ties to industry, and support services for study and career planning. Programs emphasize applied learning, project-based coursework, and opportunities for co-ops or internships with Chicago employers. For students seeking a technology-driven education in an energetic metropolitan setting, IIT offers resources, networks, and a track record of professional outcomes.

About the Program

The Master in Electricity Markets at Illinois Institute of Technology is a graduate program for students who want to work in the energy sector, taught in English.

The program teaches students about power systems, energy economics, and market analysis, with hands-on experience in simulation and modeling, helping them develop skills in data analysis and problem-solving.

Graduates can become Energy Traders, Power Systems Engineers, Energy Market Analysts, or Renewable Energy Specialists, working for utilities, energy companies, or regulatory agencies.

Tuition in Context

This program's tuition is about the same as the typical master's in the United States.

Median tuition for that cohort is 28,087 USD, across 10,215 programs in our catalog.

Compare United States master's programs

English Test Requirement

This program asks for IELTS 5.5-6.0. Here's what that's worth on the other tests universities accept, based on the official concordance tables:

TOEFL iBT
46–59
PTE Academic
42–49
Duolingo
85–95
CEFR level
B1/B2
Convert your own score

Equivalences are approximate — confirm the exact test and score the program accepts.

Similar Programs You Can Apply To

Direct application via Global Admissions is not available for this program. Browse similar partner programs below or visit the university's site to apply directly.

Edit Program

Related Blog Posts

Show More Blog Posts →

Takes about 15 minutes

Complete your profile to unlock

Direct application links unlock once your profile is at least 80% complete. You're currently at 0%. It only takes a minute.