Finance Degree

The finance program at Illinois College prepares students for careers as a credit analyst, finance officer, financial advisor, financial analyst, financial planner, loan officer, or investment banker. The program focuses on planning, managing, and analyzing financial and monetary aspects and performance of business enterprises, banking institutions, or other organizations. Program courses include: principles of accounting, financial instruments, capital planning, funds acquisition, asset and debt management, budgeting, financial analysis, and investments and portfolio management. Get more details below including other Illinois colleges that offer finance degrees.

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Illinois College (ICC)

1 College Drive, East Peoria, IL

Illinois College is a nonprofit private institution that has a large number of majors and degree programs available for students to choose from. The school is located in Jacksonville, IL, in a predominantly rural area. The Presbyterian Church affiliation of this school is an important part of the history, education and curriculum that defines the school. The lower student/teacher ratio and access to teachers is due primarily to the smaller enrollment, approximately 880 students, maintained by Illinois College.

A list of some of the more popular programs offered are:

• Interdisciplinary Studies
• Biological And Biomedical Sciences
• Psychology
• Education
• History

Students applying for admission are asked to submit an application, school records, test scores and any requested letters of recommendations, which will then be reviewed by the admissions committee. An estimated 60% of all students that applied were admitted at Illinois College, with 27% of those admitted choosing to attend. More information from the admissions office can be found here.

The cost of tuition is approximately $27,000 per year. Tuition prices may change for any number of reasons, and therefore students should visit the school's tuition calculator to understand their costs. On-campus housing is available for students, and generally costs about $4,700 annually. Financial aid may be offered to students that meet the required requirements by way of grants or student loans.

The mascot for Illinois College is the "Blueboys", and they participate in intercollegiate sports through the NCAA. Available athletic programs offered may include the following:

• Baseball (NCAA Division III)
• Basketball (NCAA Division III)
• Track & Field (NCAA Division III)

Contact information, admission forms, areas of study, and more may be viewed on school's website at www.ic.edu.

Students Enrolled in the Finance Program

Get more details below regarding enrollment, academics, and school demographics. Illinois College offers a bachelor's degree program in finance.

Students by Gender (2019)

Students by Race (2019)

Source: IPEDS Survey 2012-2020: Data obtained from the US Dept. of Education's Integrated Postsecondary Education Data System (IPEDS). Data may vary depending on school and academic year.

Career Options for Graduates

Chief Sustainability Officers

Description

Communicate and coordinate with management, shareholders, customers, and employees to address sustainability issues. Enact or oversee a corporate sustainability strategy.

General and Operations Managers

Description

Plan, direct, or coordinate the operations of public or private sector organizations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services.

Treasurers and Controllers

Description

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

Career Outlook & Projections ()

According to the BLS, treasurers and controllers employment is expected to grow at a rate of 6.8% from 2014 to 2024

Salary & Wages

• Peoria, IL
  • Total Employment: 830
  • Average Hourly Rate: $58.21
  • Average Annual Salary: $121080

Budget Analysts

Description

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

Career Outlook & Projections ()

According to the BLS, budget analysts employment is expected to grow at a rate of 2.5% from 2014 to 2024

Salary & Wages

• Peoria, IL
  • Average Hourly Rate: $23.16
  • Average Annual Salary: $48180

Credit Analysts

Description

Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decision making.

Career Outlook & Projections ()

According to the BLS, credit analysts employment is expected to grow at a rate of 6.1% from 2014 to 2024

Salary & Wages

• Peoria, IL
  • Total Employment: 30
  • Average Hourly Rate: $31.30
  • Average Annual Salary: $65100

Financial Analysts

Description

Conduct quantitative analyses of information affecting investment programs of public or private institutions.

Career Outlook & Projections ()

According to the BLS, financial analysts employment is expected to grow at a rate of 11.7% from 2014 to 2024

Salary & Wages

• Peoria, IL
  • Total Employment: 170
  • Average Hourly Rate: $42.67
  • Average Annual Salary: $88760

Personal Financial Advisors

Description

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.

Career Outlook & Projections ()

According to the BLS, personal financial advisors employment is expected to grow at a rate of 29.6% from 2014 to 2024

Salary & Wages

• Peoria, IL
  • Total Employment: 100
  • Average Hourly Rate: $49.53
  • Average Annual Salary: $103020

Loan Officers

Description

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.

Career Outlook & Projections ()

According to the BLS, loan officers employment is expected to grow at a rate of 8.1% from 2014 to 2024

Salary & Wages

• Peoria, IL
  • Total Employment: 380
  • Average Hourly Rate: $33.55
  • Average Annual Salary: $69780

Financial Quantitative Analysts

Description

Develop quantitative financial products used to inform individuals or financial institutions engaged in saving, lending, investing, borrowing, or managing risk. Investigate methods for financial analysis to create mathematical models used to develop improved analytical tools or advanced financial investment instruments.

Business Teachers, Postsecondary

Description

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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