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Financial Planning

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What is Financial Planning?

This concentration will teach you how finance applies to individuals, households, and businesses. You’ll also learn about:

  • Saving and investing
  • Retirement and estate planning
  • Credit management
  • Insurance
  • Risk-management strategies

You will gain real-world experience through internships with financial planning firms. You’ll be able to give personal financial advice to help individuals and small companies achieve their financial goals. You can apply into this concentration.

Career Options

  • Banking
  • Brokerage
  • Claims agent
  • Consumer investigation
  • Credit counseling
  • Financial planning
  • Insurance
  • Investment advising
  • Underwriting

Post-Graduation Success1

92% employed or continuing education

78% employed after graduation

14% attending graduate school

$51,576 average starting annual income

Sample employer destinations: Archer Daniels Midland (ADM), Cargill, Allstate Insurance Company View All

Sample grad school destinations: University of Illinois at Urbana-Champaign, New York University, Cornell University View All

Academic Profile Middle 50% 2

25 - 30 ACT score

1190 - 1370 SAT score

3.25 - 3.79 high school GPA

Graduation & Retention3

3.9 years to degree

95% freshman retention rate

74% four-year graduation rate

83% six-year graduation rate

Annual Program Costs

Illinois Resident

  • Tuition: $13,666
  • Fees: $4,174
  • Expenses4: $15,180
  • Total: $33,020

Non-Resident

  • Tuition: $30,808
  • Fees: $4,174
  • Expenses4: $15,520
  • Total: $50,502

International

  • Tuition: $31,682
  • Fees: $4,174
  • Expenses4: $15,520
  • Total: $51,376
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