Finance Degree

The finance program at Millikin University 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.

Learn more by requesting information now!

Millikin University

1184 W Main St, Decatur, IL

Millikin University is a nonprofit private university that has a large selection of degree programs available for students to choose from. The school is located in Decatur, Illinois, in a predominantly urban area. The school maintains a Presbyterian Church affiliation, which is evident in the role it plays in program curriculums and daily life at the school. Millikin University has a yearly student enrollment of about two thousand.

Students can pick from many areas of study, including but not limited to:

• Health And Clinical Professions
• Education
• Communications And Journalism
• Visual And Performing Arts
• Business And Marketing Studies
• Recreation And Fitness Studies

Students applying for admission are usually asked to submit an application, transcripts, standardized test scores and any requested letters of recommendations, which will then be reviewed by admissions officials. Students may submit either the ACT or SAT exam scores to be considered for admissions to this school. A score within the range of 1400 - 1710 on the SAT, or 20 - 26 for the ACT is common among accepted students. This school has an acceptance rate of around 56 percent of which only 23 percent chose to attend. More information regarding admissions can be found at millikin.edu.

The cost of tuition is approximately $31,000 for the year. Tuition prices may change for any number of reasons, and therefore students should visit the school's tuition calculator to get a better idea of their costs. The price of on-campus housing is estimated to be $5,500 annually. Some students at Millikin University may be eligible for financial aid, which is typically provided in the form of loans, grants, scholarships and work study programs.

The Millikin University "Big Blue" compete in a number of intercollegiate sports through participation in the NCAA. Athletic programs available may include but not limited to:

• Baseball (NCAA Division III)
• Basketball (NCAA Division III)
• Football (NCAA Division III)

For a complete list of academic programs offered, enrollment information, financial aid details, and more, please visit the school's website at http://www.millikin.edu.

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

• Decatur, IL
  • Total Employment: 200
  • Average Hourly Rate: $43.41
  • Average Annual Salary: $90290

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

Salary & Wages

• Decatur, IL
  • Total Employment: 40
  • Average Hourly Rate: $60.89
  • Average Annual Salary: $126650

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

• Decatur, IL
  • Total Employment: 100
  • Average Hourly Rate: $23.97
  • Average Annual Salary: $49870

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).