Finance Degree

The finance program at Illinois Institute of Technology 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 Institute of Technology (IIT)

305 N West Street, Olney, IL

Illinois Institute of Technology provides a variety of degree programs for students to assist them in their growth and development. The school is located in Chicago, Illinois and operated as a private institution. Enrollment at Illinois Institute of Technology is nearly 7,800 per year.

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

• Legal Professions And Studies
• Engineering
• Business And Marketing Studies
• Computer And Information Sciences

To be considered for admissions, applicants may be asked to complete an application, write a personal statement, and submit school records, which are then reviewed by admissions staff. Most common scores among students accepted to IIT are in the range of 24 - 31 on the ACT, or 1666 - 1988 on the SAT. 64% of those students that apply are accepted to IIT, of which 29% choose to enroll. More information regarding admissions can be found here.

The cost of tuition is close to $38,000, but may change per year. Students are encouraged to use the school's price of attendance calculator to better understand their cost of attending this school. Housing is available on-campus for students. The yearly cost of housing is around $5,900. Financial aid may be offered to students that meet the required requirements.

The Illinois Institute of Technology Scarlet Hawks participate in several intercollegiate athletic programs, as part of the NAIA organization. Athletic programs offered include:

• Baseball (NAIA Division I)
• Track & Field (NAIA Division I)
• Soccer (NAIA Division I)
• Swimming and Diving (NAIA Division I)

To see a full list of academic programs offered, enrollment information, student services, and more, please take a look at the school's website at http://www.iit.edu.

Students Enrolled in the Finance Program

Get more details below regarding enrollment, academics, and school demographics. IIT offers a master'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

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

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

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

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

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

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).