Finance & Financial Management Schools in Illinois
In 2020-2021, 2,054 students earned their Finance degrees in IL.
In terms of popularity, Finance & Financial Management is the 18th most popular major in the state out of a total 306 majors commonly available.
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Education Levels of Finance & Financial Management Majors in Illinois
Finance majors in the state tend to have the following degree levels:
| Education Level | Number of Grads |
|---|---|
| Bachelor’s Degree | 1,725 |
| Postbaccalaureate Certificate | 129 |
| Post-Master’s Certificate | 129 |
| Master’s Degree | 111 |
| Award Taking 12 Weeks to 1 Year | 49 |
| Award Taking Less Than 1 Year | 49 |
| Award Taking Less 12 Weeks | 49 |
| Award Taking 2 to 4 Years | 35 |
| Award Taking 1 to 2 Years | 35 |
| Doctor’s Degree (Professional Practice) | 4 |
| Doctor’s Degree (Other) | 4 |
| Doctor’s Degree (Research / Scholarship) | 4 |
| Associate Degree | 1 |
Gender Distribution
In Illinois, a finance major is more popular with men than with women.
Racial Distribution
The racial distribution of finance majors in Illinois is as follows:
- Asian: 11.9%
- Black or African American: 4.3%
- Hispanic or Latino: 14.2%
- White: 51.4%
- Non-Resident Alien: 13.2%
- Other Races: 5.0%
Jobs for Finance & Financial Management Grads in Illinois
There are 285,460 people in the state and 5,710,980 people in the nation working in finance jobs.
Wages for Finance & Financial Management Jobs in Illinois
Finance grads earn an average of $81,620 in the state and $79,830 nationwide.
Most Popular Finance & Financial Management Programs in IL
There are 10 colleges in Illinois that offer finance degrees. Learn about the most popular 10 below:
70% of students are awarded financial aid at this school. The student loan default rate of 2.30% is a good sign that graduates can afford their loan payments. Graduates earn an average $59,402 after graduation.
Grads earn an average early-career salary of $49,099 after earning their degree at this institution. It takes the average student 4.51 years to graduate. This public school has an average net price of $13,214.
Graduates earn an average $51,054 after graduation. Of all the students who attend this school, 98% get financial aid. Students enjoy a student to faculty ratio of 17 to 1.
78% of the teachers are full time. Seeking financial aid? At this school, 94% of students receive it. The student loan default rate is 3.60% which is lower than average.
Students who attend this private institution pay an average net price of $36,434. This school boasts a lower than average student loan default rate of 2.70%. Most students complete their degree in 4.13 years.
It takes the average student 4.07 years to graduate. The full-time teacher rate is 80%. Grads earn an average early-career salary of $62,671 after earning their degree at this institution.
The student loan default rate of 5.90% is a good sign that graduates can afford their loan payments. 99% of students get financical aid. 76% of the teachers are full time.
90% of students get financical aid. This public college charges it's students an average net price of $14,590. 12 to 1 is the student to faculty ratio.
The student to faculty ratio is 11 to 1. 100% of students get financical aid. This private school has an average net price of $23,489.
The student to faculty ratio is 16 to 1. This school boasts a lower than average student loan default rate of 5.20%. This private school has an average net price of $13,024.
Finance & Financial Management Careers in IL
Some of the careers finance majors go into include:
| Job Title | IL Job Growth | IL Median Salary |
|---|---|---|
| Financial Managers | 17% | $126,020 |
| Personal Financial Advisors | 9% | $88,760 |
| General and Operations Managers | 8% | $102,660 |
| Business Professors | 8% | $81,000 |
| Credit Counselors | 8% | $45,480 |
| Financial Analysts | 7% | $79,310 |
| Financial Specialists | 6% | $82,100 |
| Loan Interviewers and Clerks | 5% | $41,980 |
| Loan Officers | 4% | $66,570 |
| Credit Analysts | 3% | $65,610 |
| Securities, Commodities, and Financial Services Sales Agents | 3% | $67,750 |
| Credit Authorizers, Checkers, and Clerks | -6% | $42,810 |
| Chief Executives | -7% | $208,000 |
| Bill and Account Collectors | -10% | $36,470 |
| New Accounts Clerks | -12% | $36,110 |
| Tellers | -14% | $29,120 |
Related Majors in Illinois
Below are some popular majors in the state that are similar to finance.
| Major | Annual Graduates in IL |
|---|---|
| Business Administration & Management | 13,124 |
| Management Sciences & Methods | 4,786 |
| Accounting | 3,151 |
| Marketing | 2,122 |
| Human Resource Management | 1,254 |
| Business & Commerce | 877 |
| Management Information Systems | 564 |
| Hospitality Management | 211 |
View all majors related to Finance & Financial Management
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View Nationwide Finance & Financial Management Report
References
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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