2023 Most Focused Master’s Degree Colleges for Finance in Illinois
12
Ranked Colleges
107
Degrees Awarded
$32,200
Avg Cost*
It’s not easy to decide which college to attend when there so many options available for students. One of our goals at College Factual is to give you as much information as we can - such as our “Schools for a Master’s Highly Focused on Finance Major in Illinois” ranking - to help you make that decision.
Finance is the 11th most popular major in the country with 51,779 degrees awarded in 2020-2021.
Across Illinois, there were 1,896 finance graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 107 finance graduates with average earnings and debt of $59,317 and $0 respectively.
This year’s “Schools for a Master’s Highly Focused on Finance Major in Illinois” ranking looked at 12 colleges that offer degrees in a bachelor’s in finance. The colleges and universities that top this list are recognized because their finance program is one of the largest majors offered at the school.
For more information, check out our ranking methodology.
More Ways to Rank Finance Schools
The finance school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Schools for a Master’s Highly Focused on Finance Major in Illinois”.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to 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.
Schools for a Master’s Highly Focused on Finance Major in Illinois
The colleges and universities below are the best for illinois master’s degree finance students.
Top 12 Most Focused Master’s Degree Colleges for Finance in Illinois
You’ll join some of the best and brightest minds around if you attend Illinois Institute of Technology. The school came in at #1 for the Schools for a Master’s Highly Focused on Finance Major in Illinois. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s finance degrees to 31 students in 2020-2021.
The low undergrad student loan default rate of 1.9% 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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. 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.
Read full report on Finance at Illinois Tech
You’ll be in good company if you decide to attend Saint Xavier University. It ranked #2 on our 2023 Schools for a Master’s Highly Focused on Finance Major in Illinois list. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s finance degrees to 6 students in 2020-2021.
Read full report on Finance at SXU
Out of the 12 schools in the Schools for a Master’s Highly Focused on Finance Major in Illinois that were part of this year’s ranking, Concordia University, Chicago landed the #3 spot on the list. Located in River Forest, Illinois, this medium-sized private not-for-profit school awarded 12 diplomas to qualified masters’s finance students in 2020-2021.
The low undergrad student loan default rate of 3.1% 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 at Concordia University, Chicago
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #4 for the Schools for a Master’s Highly Focused on Finance Major in Illinois. Northwestern is located in Evanston, Illinois and, has a large student population. In 2020-2021, this school awarded 38 masters’s finance degrees to qualified students.
The undergrad student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students.
Read full report on Finance at Northwestern
You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #5 for the Schools for a Master’s Highly Focused on Finance Major in Illinois. Northern Illinois University is located in Dekalb, Illinois and, has a fairly large student population. In 2020-2021, this school awarded 15 masters’s finance degrees to qualified students.
Full Northern Illinois University Finance Report
North Central College ranked #6 on this year’s Schools for a Master’s Highly Focused on Finance Major in Illinois list. North Central is a small school located in Naperville, Illinois that handed out 2 masters’s finance degrees in 2020-2021.
The low undergrad student loan default rate of 3.6% 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 North Central College Finance Report
With a ranking of #7, Lewis University did quite well on the 2023 Schools for a Master’s Highly Focused on Finance Major in Illinois list. This medium-sized school is located in Romeoville, Illinois, and it awarded 2 masters’s finance degrees in 2020-2021.
The undergrad student loan default rate at the school is 2.0%, which is quite low when compared to the national default rate of 10.1%.
Read more about Finance at Lewis University
Benedictine University ranked #8 on this year’s Schools for a Master’s Highly Focused on Finance Major in Illinois list. Benedictine University is a small school located in Lisle, Illinois that handed out 1 masters’s finance degrees in 2020-2021.
The low undergrad student loan default rate of 4.9% 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 at Benedictine University
With a ranking of #9, Bradley University did quite well on the 2023 Schools for a Master’s Highly Focused on Finance Major in Illinois list. Bradley University is a medium-sized private not-for-profit school situated in Peoria, Illinois. It awarded 22 masters’s finance degrees in 2020-2021.
The school has an impressive undergrad student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Full Bradley Finance Report
With a ranking of #9, DePaul University did quite well on the 2023 Schools for a Master’s Highly Focused on Finance Major in Illinois list. DePaul is a private not-for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 235 masters’s degrees in 2020-2021.
The school has an impressive undergrad student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.
Full DePaul University Finance Report
Loyola University Chicago ranked #9 on this year’s Schools for a Master’s Highly Focused on Finance Major in Illinois list. Loyola University Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2020-2021, this school awarded 129 masters’s finance degrees to qualified students.
The low undergrad student loan default rate of 2.7% 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%. With a freshman retention rate of 85%, the school does an excellent job of retaining its undergraduate students.
Read more about Finance at Loyola Chicago
University of Illinois at Chicago landed the #9 spot on the 2023 Schools for a Master’s Highly Focused on Finance Major in Illinois ranking. University of Illinois at Chicago is a large school located in Chicago, Illinois that handed out 261 masters’s finance degrees in 2020-2021.
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%.
Full University of Illinois at Chicago Finance Report
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Notes and References
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
- *Avg Salary and Avg 4-Year Grad Rate are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
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