Consumer Economics and Finance

College of Agricultural, Consumer & Environmental Sciences

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What is Consumer Economics and Finance?

Consumer Economics & Finance is designed for students interested in understanding consumer behavior, personal finance, and financial decision-making. In this major, you'll study topics such as personal finance, behavioral economics, financial markets, and data analysis. You'll learn how consumers interact with the marketplace and develop the analytical skills needed to evaluate financial and economic issues. You'll also have opportunities to gain hands-on experience through internships, research projects, and real-world problem solving.

Career Options

Banker
Consumer fraud investigator
Data analyst
Financial analyst
Insurance underwriter
Market research analyst

Post-Graduation Success¹

Insufficient survey data is available for employment information.

Insufficient survey data is available for grad school attendance.

Insufficient survey data is available for average starting annual income.

Sample employer destinations: Insufficient survey data is available for sample employer destinations.

Sample grad school destinations: Insufficient survey data is available for sample grad school destinations.

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

Years to degree: N/A

First-Year retention rate: N/A

Four-year graduation rate: N/A

Six-year graduation rate: N/A

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

Financial Planning - ACES

Food and Agribusiness Management - ACES

Organizational and Community Leadership - ACES

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.