Financial Planning

College of Agricultural, Consumer & Environmental Sciences

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What is Financial Planning?

This Agricultural and Consumer Economics 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

82% employed or continuing education

77% employed after graduation

5% attending graduate school

$64,565 average starting annual income

Sample employer destinations: Busey Bank, Equitable Advisors, Morgan Stanley, Sterling Wealth Management, Savant Wealth Management, U.S. Bank, Vanguard Group, PwC, Equitable, Vermillion Financial Advisors View All

Sample grad school destinations: University of Illinois Urbana-Champaign 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

Agri-Accounting - ACES

Finance - BUS

Management - 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.