by our College Data Analytics Team
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Schools Highly Focused on Finance Major in Illinois” ranking as one item you can use to help make this decision.
Finance & Financial Management is the 14th most popular major in the country with 57,778 degrees awarded in 2020-2021. In 2019-2020, finance and financial management graduates who were awarded their degree in 2017-2019, earned an average of $53,475 and had an average of $24,463 in loans still to pay off.
Across Illinois, there were 2,054 finance and financial management graduates with average earnings and debt of $51,673 and $24,073 respectively.
For this year’s “Schools Highly Focused on Finance Major in Illinois” ranking, we looked at 37 colleges that offer a degree in finance and financial management. The colleges and universities that top this list are recognized because their finance and financial management program is one of the largest majors offered at the school.
For more information, check out our ranking methodology.
Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Schools Highly Focused on Finance Major in Illinois” ranking, along with many other major-related rankings, to help you make that decision.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
The following schools top our list of the Best “Schools Highly Focused on Finance Major in Illinois”.
You’ll join some of the best and brightest minds around if you attend Quincy University. The school came in at #1 for the Schools Highly Focused on Finance Major in Illinois. This small school is located in Quincy, Illinois, and it awarded 17 ’s finance degrees in 2020-2021.
Read full report on Finance & Financial Management at Quincy U
Out of the 37 schools in the Schools Highly Focused on Finance Major in Illinois that were part of this year’s ranking, Lake Forest College landed the #2 spot on the list. Lake Forest College is a small private not-for-profit school situated in Lake Forest, Illinois. It awarded 28 ’s finance degrees in 2020-2021.
The school has an impressive undergrad student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%.
Read more about Finance & Financial Management at Lake Forest
You’ll be in good company if you decide to attend Augustana College. It ranked #3 on our 2023 Schools Highly Focused on Finance Major in Illinois list. Rock Island, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 48 students in 2020-2021.
The undergrad student loan default rate at the school is 3.5%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.
Out of the 37 schools in the Schools Highly Focused on Finance Major in Illinois that were part of this year’s ranking, Illinois College landed the #4 spot on the list. Illinois College is a small school located in Jacksonville, Illinois that handed out 14 ’s finance degrees in 2020-2021.
Out of the 37 schools in the Schools Highly Focused on Finance Major in Illinois that were part of this year’s ranking, Saint Xavier University landed the #5 spot on the list. Saint Xavier University is located in Chicago, Illinois and, has a small student population. In 2020-2021, this school awarded 45 ’s finance degrees to qualified students.
With a ranking of #6, Illinois Wesleyan University did quite well on the 2023 Schools Highly Focused on Finance Major in Illinois list. Illinois Wesleyan University is located in Bloomington, Illinois and, has a small student population. In 2020-2021, this school awarded 18 ’s finance degrees to qualified students.
With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 2.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Full Illinois Wesleyan University Finance & Financial Management Report
DePaul University ranked #7 on this year’s Schools Highly Focused on Finance Major in Illinois list. Located in Chicago, Illinois, this large private not-for-profit school handed out 235 degrees to qualified ’s finance students in 2020-2021.
The low undergrad student loan default rate of 3.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Full DePaul University Finance & Financial Management Report
North Central College ranked #8 on this year’s Schools Highly Focused on Finance Major in Illinois list. North Central is a private not-for-profit institution located in Naperville, Illinois. The school has a small population, and it awarded 32 ’s degrees in 2020-2021.
The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Trinity Christian College landed the #9 spot on the 2023 Schools Highly Focused on Finance Major in Illinois ranking. Palos Heights, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 13 students in 2020-2021.
The impressive undergraduate student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The low undergrad student loan default rate of 3.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Full Trinity Christian College Finance & Financial Management Report
Illinois State University landed the #10 spot on the 2023 Schools Highly Focused on Finance Major in Illinois ranking. Illinois State is a large public school situated in Normal, Illinois. It awarded 202 ’s finance degrees in 2020-2021.
The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Finance & Financial Management at Illinois State University
Northeastern Illinois University landed the #11 spot on the 2023 Schools Highly Focused on Finance Major in Illinois ranking. Northeastern Illinois University is a public institution located in Chicago, Illinois. The school has a medium-sized population, and it awarded 55 ’s degrees in 2020-2021.
Read full report on Finance & Financial Management at Northeastern Illinois University
University of Illinois at Chicago ranked #12 on this year’s Schools Highly Focused on Finance Major in Illinois list. University of Illinois at Chicago is located in Chicago, Illinois and, has a large student population. In 2020-2021, this school awarded 261 ’s finance degrees to qualified students.
The low undergrad student loan default rate of 2.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read full report on Finance & Financial Management at University of Illinois at Chicago
Elmhurst University came in at #13 in this year’s edition of the Schools Highly Focused on Finance Major in Illinois ranking. Elmhurst University is a small school located in Elmhurst, Illinois that handed out 29 ’s finance degrees in 2020-2021.
The undergrad student loan default rate at the school is 3.2%, which is quite low when compared to the national default rate of 10.1%.
Read more about Finance & Financial Management at Elmhurst University
With a ranking of #14, Dominican University did quite well on the 2023 Schools Highly Focused on Finance Major in Illinois list. Dominican University is a private not-for-profit institution located in River Forest, Illinois. The school has a small population, and it awarded 21 ’s degrees in 2020-2021.
The undergrad student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Loyola University Chicago ranked #15 on this year’s Schools Highly Focused on Finance Major in Illinois list. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 129 students in 2020-2021.
The undergrad student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 85%, the school does an excellent job of retaining its undergraduate students.
Read full report on Finance & Financial Management at Loyola University Chicago
Northern Illinois University landed the #16 spot on the 2023 Schools Highly Focused on Finance Major in Illinois ranking. Located in Dekalb, Illinois, this fairly large public school awarded 92 diplomas to qualified ’s finance students in 2020-2021.
University of Illinois at Urbana-Champaign ranked #17 on this year’s Schools Highly Focused on Finance Major in Illinois list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out ’s finance degrees to 287 students in 2020-2021.
The low undergrad student loan default rate of 2.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Aurora University ranked #18 on this year’s Schools Highly Focused on Finance Major in Illinois list. Aurora University is a medium-sized private not-for-profit school situated in Aurora, Illinois. It awarded 41 ’s finance degrees in 2020-2021.
The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.
Read full report on Finance & Financial Management at Aurora University
Roosevelt University ranked #19 on this year’s Schools Highly Focused on Finance Major in Illinois list. Roosevelt is a small school located in Chicago, Illinois that handed out 29 ’s finance degrees in 2020-2021.
Read full report on Finance & Financial Management at Roosevelt
Illinois Institute of Technology ranked #20 on this year’s Schools Highly Focused on Finance Major in Illinois list. Illinois Tech is a private not-for-profit institution located in Chicago, Illinois. The school has a medium-sized population, and it awarded 31 ’s degrees in 2020-2021.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. Since the school has a undergrad student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The undergrad student loan default rate at the school is 1.9%, which is quite low when compared to the national default rate of 10.1%.
Read more about Finance & Financial Management at Illinois Institute of Technology
With a ranking of #21, Lewis University did quite well on the 2023 Schools Highly Focused on Finance Major in Illinois list. This medium-sized school is located in Romeoville, Illinois, and it awarded 27 ’s finance degrees in 2020-2021.
The school has an impressive undergrad student loan default rate. It’s only 2.0%, which is much lower than the national rate of 10.1%.
Bradley University came in at #22 in this year’s edition of the Schools Highly Focused on Finance Major in Illinois ranking. Peoria, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 22 students in 2020-2021.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Finance & Financial Management at Bradley University
Eastern Illinois University landed the #23 spot on the 2023 Schools Highly Focused on Finance Major in Illinois ranking. Eastern Illinois University is located in Charleston, Illinois and, has a medium-sized student population. In 2020-2021, this school awarded 24 ’s finance degrees to qualified students.
Full Eastern Illinois University Finance & Financial Management Report
Western Illinois University landed the #24 spot on the 2023 Schools Highly Focused on Finance Major in Illinois ranking. Located in Macomb, Illinois, this medium-sized public school awarded 24 diplomas to qualified ’s finance students in 2020-2021.
Full Western Illinois University Finance & Financial Management Report
University of St Francis came in at #25 in this year’s edition of the Schools Highly Focused on Finance Major in Illinois ranking. University of St Francis is a small school located in Joliet, Illinois that handed out 14 ’s finance degrees in 2020-2021.
The low undergrad student loan default rate of 2.8% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read more about Finance & Financial Management at University of St Francis
Read more about our data sources and methodologies
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