Consumer Economics & Finance

College of Agricultural, Consumer & Environmental Sciences

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What is Consumer Economics & Finance?

Consumer Economics and Finance is a concentration under Agricultural and Consumer Economics. This concentration helps you develop skills that help consumers with everyday problems. Coursework will teach you the role of consumers in the marketplace. You will learn about consumer economics, personal finance, and economics. You may choose to focus on consumer economics, family economics, or financial planning and counseling. You can apply into this concentration.

Career Options

Banking
Brokerage
Consumer Investigation
Credit counseling
Insurance
Financial counseling
Financial planning
Realty

Post-Graduation Success¹

80% employed or continuing education

69% employed after graduation

11% attending graduate school

$68,520 average starting annual income

Sample employer destinations: Echo Global Logistics, CDW, Grainger, Epic Systems, Brookstone Capital Management, Philadelphia Insurance Companies, U.S. Bank, C.H. Robinson Worldwide, Endeavor Real Estate Group, Ashling Partners View All

Sample grad school destinations: Belmont University, Hong Kong University of Science and Technology, Georgia Institute of Technology, Bradley University View All

Program Resources

College of Agricultural, Consumer & Environmental Sciences Program Webpage Degree Requirements

Review Criteria

First-Year Major-Specific Criteria

Calculus preferred (if available at high school)
Strong social science and business-related coursework and performance
Experiences related to the major

View All Review Criteria

Transfer Criteria

Transfer Handbook

Graduation & Retention²

3.8 years to degree

98% first-year retention rate

79% four-year graduation rate

89% six-year graduation rate

Annual Program Costs³

Illinois Resident

Tuition: $14,882
Fees: $5,182
Expenses: $19,558
Total: $39,622

Non-Resident

Tuition: $37,558
Fees: $5,182
Expenses:$19,898
Total: $62,638

International

Tuition: $38,600
Fees: $5,182
Expenses: $19,898
Total: $63,680

Related Majors

Economics - LAS

Finance - BUS

¹ Post-graduate data was collected through the Illini Success initiative, which primarily relies on self-reported survey data sources. Statistics are aggregated from the past three years. Please note that total compensation may be greater than annual salary as other forms of compensation (e.g., signing bonus, commission, benefits) are not included. For more information on Illini Success data and methods, please visit the Illini Success website. For average wage or salary information five years after entry into an occupation, visit the Post-Secondary Employment Outcomes Explorer.

² Graduation and retention data comes from several majors within a similar interest area. Data may not yet be available for newly created programs. Years-to-degree data is only available for programs from which you can earn a degree. Retention and graduation rates are only available for programs that you can apply directly into. Retention rates reflect retention to the university, not necessarily retention within the major.

³ "Expenses" are estimated and include books, supplies, housing, and other living expenses. The exact amount you’ll pay depends on where you decide to live, the meal plan you choose, and your overall lifestyle. To learn more about costs, please visit the Office of Student Financial Aid website. To learn the average monthly student loan payment over a period of 20 years based on estimated cost, visit the Illinois College2Career website.