Finance Schools in Illinois
1,896 Finance students earned their degrees in the state in 2020-2021.
In terms of popularity, Finance is the 5th most popular major in the state out of a total 93 majors commonly available.
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Education Levels of Finance 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 |
| Master’s Degree | 107 |
| Award Taking 1 to 2 Years | 32 |
| Award Taking 2 to 4 Years | 32 |
| Post-Master’s Certificate | 28 |
| Postbaccalaureate Certificate | 28 |
| Doctor’s Degree (Research / Scholarship) | 4 |
| Doctor’s Degree (Professional Practice) | 4 |
| Doctor’s Degree (Other) | 4 |
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: 12.6%
- Black or African American: 4.0%
- Hispanic or Latino: 14.2%
- White: 54.0%
- Non-Resident Alien: 10.1%
- Other Races: 5.1%
Jobs for Finance Grads in Illinois
In this state, there are 221,870 people employed in jobs related to a finance degree, compared to 4,245,450 nationwide.
Wages for Finance Jobs in Illinois
In this state, finance grads earn an average of $93,200. Nationwide, they make an average of $100,990.
Most Popular Finance Programs in IL
There are 11 colleges in Illinois that offer finance degrees. Learn about the most popular 11 below:
The student loan default rate is 2.30% which is lower than average. The average student takes 4.21 years to complete their degree at UIUC. This public college charges it's students an average net price of $14,321.
This public college charges it's students an average net price of $13,214. This school boasts a lower than average student loan default rate of 2.50%. 85% of students are awarded financial aid at this school.
Students enjoy a student to faculty ratio of 17 to 1. It takes the average student 4.21 years to graduate. This private institution charges an average net price of $31,174.
This public school has an average net price of $20,830. In their early career, Illinois State grads earn an average salary of $47,399. The average student takes 4.32 years to complete their degree at Illinois State.
An average student at Loyola Chicago will pay a net price of $36,434. Seeking financial aid? At this school, 99% of students receive it. Most students complete their degree in 4.13 years.
Seeking financial aid? At this school, 99% of students receive it. The student to faculty ratio is 16 to 1. In their early career, NIU grads earn an average salary of $43,408.
This public school has an average net price of $14,590. The student loan default rate is 7.00% which is lower than average. Grads earn an average early-career salary of $39,609 after earning their degree at this institution.
77% of the teachers are full time. Seeking financial aid? At this school, 100% of students receive it. Roughly six years after entering college, graduates of this school earn $46,446 a year.
Grads earn an average early-career salary of $67,867 after earning their degree at this institution. The full-time teacher rate is 84%. 6 to 1 is the student to faculty ratio.
In their early career, Aurora grads earn an average salary of $44,368. The average student takes 4.29 years to complete their degree at Aurora. The 4.20% student loan default rate is lower than average.
This private institution charges an average net price of $13,024. The 5.20% student loan default rate is lower than average. In their early career, SXU grads earn an average salary of $45,411.
Finance 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 |
| Financial Analysts | 7% | $79,310 |
| Financial Specialists | 6% | $82,100 |
| Loan Officers | 4% | $66,570 |
| Credit Analysts | 3% | $65,610 |
| Chief Executives | -7% | $208,000 |
Related Majors in Illinois
Below are some popular majors in the state that are similar to finance.
| Major | Annual Graduates in IL |
|---|---|
| Other Financial Management | 4 |
| Banking & Financial Support Services | 1 |
View all majors related to Finance
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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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