Banking and Financial Services Degree

The robust world of Banking and Financial Support Services is a field of study emphasizing the facilitation of financial and economic services for individuals and business entities. Get more details below including other Illinois colleges that offer banking and financial services degrees.

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Oakton Community College

5500 N Saint Louis Ave, Chicago, IL

Oakton Community College is a two-year post-secondary school with two convenient locations for students living in the Chicago, area: the main campus is located about 20 miles northwest of Chicago in Des Plaines, and the newer, Ray Hartstein Campus is about 15 miles north of Chicago in Skokie. As community colleges go, Oakton is rather large, with an enrollment of almost 11,000. Despite its size, administration is focused on fostering a personal, intimate environment; most classes top out at around 14-15 students. Oakton’s main campus offers a surprisingly sophisticated variety of programs in the fields of art, science, and business, to name just a few.  Associate and certificate programs are available in nearly 80 areas of study.

At OCC, cultural enrichment abounds. Students can visit the campus museum to view the works of high-profile artists based in Chicago. The performing arts center and writer’s series are also a source of school pride. Oakton’s extracurricular clubs cater to a broad variety of tastes, affording students opportunities to make friends and share personal interests in their free time. In response to a culture that is more aware of health and fitness, the college has launched Student Health 101, an online interactive health journal, where students can log on and ask health-related questions.

Oakland’s tuition rates are competitive, coming in thousands of dollars below average U.S. college and university tuition rates, and financial aid is available to qualified students. Individuals wishing to apply for admission should contact the admissions office for details. With its broad range of certification and degree programs, personalized instruction, and reasonable tuition rates, Oakton Community College is an educational value for today’s students.

Career Options for Graduates

Loan Counselors

Description

Provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.

Career Outlook & Projections ()

According to the BLS, loan counselors employment is expected to grow at a rate of 15.5% from 2014 to 2024

Salary & Wages

• Chicago-Naperville-Arlington Heights, IL Metropolitan Division
  • Average Hourly Rate: $24.79
  • Average Annual Salary: $51560
• Lake County-Kenosha County, IL-WI Metropolitan Division
  • Average Hourly Rate: $23.97
  • Average Annual Salary: $49860

Bill and Account Collectors

Description

Locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer's account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; and keeping records of collection and status of accounts.

Career Outlook & Projections ()

According to the BLS, bill and account collectors employment is expected to shrink at a rate of -5.6% from 2014 to 2024

Salary & Wages

• Chicago-Naperville-Arlington Heights, IL Metropolitan Division
  • Total Employment: 8
  • Average Hourly Rate: $19.15
  • Average Annual Salary: $39820
• Gary, IN Metropolitan Division
  • Total Employment: 260
  • Average Hourly Rate: $15.48
  • Average Annual Salary: $32200
• Lake County-Kenosha County, IL-WI Metropolitan Division
  • Total Employment: 860
  • Average Hourly Rate: $21.84
  • Average Annual Salary: $45430

Tellers

Description

Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.

Career Outlook & Projections ()

According to the BLS, tellers employment is expected to shrink at a rate of -7.7% from 2014 to 2024

Salary & Wages

• Chicago-Naperville-Arlington Heights, IL Metropolitan Division
  • Total Employment: 11
  • Average Hourly Rate: $13.66
  • Average Annual Salary: $28420
• Gary, IN Metropolitan Division
  • Total Employment: 1
  • Average Hourly Rate: $12.32
  • Average Annual Salary: $25620
• Lake County-Kenosha County, IL-WI Metropolitan Division
  • Total Employment: 1
  • Average Hourly Rate: $13.10
  • Average Annual Salary: $27260

Credit Authorizers

Description

Authorize credit charges against customers' accounts.

Career Outlook & Projections ()

According to the BLS, credit authorizers employment is expected to shrink at a rate of -6.2% from 2014 to 2024

Salary & Wages

• Chicago-Naperville-Arlington Heights, IL Metropolitan Division
  • Total Employment: 480
  • Average Hourly Rate: $20.65
  • Average Annual Salary: $42950
• Gary, IN Metropolitan Division
  • Total Employment: 60
  • Average Hourly Rate: $19.21
  • Average Annual Salary: $39960
• Lake County-Kenosha County, IL-WI Metropolitan Division
  • Total Employment: 430
  • Average Hourly Rate: $20.50
  • Average Annual Salary: $42650

Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).