Finance Schools In Illinois
In Illinois, there are 34 accredited schools where finance classes faculty can find employment. The trends in Illinois' finance academic community can be evaluated by looking at the statistics and graphs below. Academia in finance includes finance training at the following levels:
- Finance Certificate
- Associates degree in Finance
- Bachelors degree in Finance
- Masters degree in Finance
- PhD degree in Finance
Schools
Cities
Statistics
Professional Trends
Illinois Vs. National Finance Employment
| Illinois | 113,830 |
| National | 2,457,330 |
Of all of the finance professionals in the country, nearly 5% are in the state of Illinois.
Employment Growth for Finance professionals In Illinois
| 127,820 | 128,440 | 127,710 | 117,590 | 113,830 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
In Illinois, the field of finance is shrinking. In Illinois, 13,990 less finance professionals were working in 2010, than there were in 2006. Thus, in Illinois, this field has shrunk by 11% in four years. This decline is faster than the change in the number of finance professionals around the country. Nationally, the number of finance professionals has shrunk by 1% from 2006 to 2010.
Finance VS. All Professions salaries in Illinois
| $72,162 | $75,799 | $78,797 | $78,488 | $79,477 |
| $46,261 | $48,114 | $49,602 | $50,552 | $51,250 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Finance
- Dark Yellow: All Professions
As the number of finance professionals is declining, the salaries paid to finance professionals are increasing in Illinois. In 2006 finance professionals made a mean salary of $72,162 per year, and in 2010 they made $79,477 per year.
Salary percentiles for Finance professionals in Illinois
10th percentile |
$41,626 |
25th percentile |
$53,173 |
50th percentile |
$70,476 |
75th percentile |
$95,669 |
90th percentile |
$120,862 |
This represents a growth in salaries of 9%. State trends for all professions mirror this growth. In Illinois state, within the field of finance, there is a huge variation in pay. The highest paid finance professionals earn 120% more money than those in the bottom 10% of the pay bracket.
Average Salaries for Finance professionals and related professions in Illinois
Accounting |
$47,363 |
Business |
$90,841 |
Business Administration |
$86,937 |
Business Management |
$98,601 |
Finance |
$79,477 |
International Business |
$88,607 |
Marketing |
$81,027 |
Risk Management |
$80,307 |
Small Business |
$112,950 |
In Illinois, finance professionals make, on average, less than their counterparts in related professions.
Educational Trends
Finance programs available for each degree type for all schools in Illinois
associate |
3 |
bachelor |
33 |
master |
19 |
doctor |
4 |
Certificate |
8 |
| Total | 67 |
As the number of finance professionals is decreasing in Illinois state, the number of students graduating from the 34 accredited finance schools in Illinois state is increasing. In 2006 there were 1,505 finance graduates from finance courses in Illinois and in 2010 there were 3,093 graduates.
This represents a 106% increase in the number of finance degree or certificate school graduates in Illinois state. 49% of these graduates received an bachelor's degree in finance.