Bachelor of Science in Finance

4 Years On Campus Bachelors Program

Illinois Institute of Technology

Program Overview

The Bachelor of Science in Finance at the Illinois Institute of Technology is designed for students who are passionate about understanding the financial world and want to develop the skills necessary for a successful career in finance. This program combines rigorous coursework with practical experience, preparing students for various roles in finance, investment, and banking.

Curriculum Structure

In the first year, students will build a solid foundation in finance and business principles through courses such as "Introduction to Financial Accounting" and "Principles of Microeconomics." These courses introduce essential concepts and analytical skills that are crucial for understanding financial markets and economic behavior.

During the second year, students delve deeper into finance with courses like "Corporate Finance" and "Investment Analysis." Here, they will learn about financial decision-making, risk assessment, and investment strategies, equipping them with the tools to analyze and manage financial resources effectively.

In the third year, the focus shifts to advanced topics, including "Financial Markets and Institutions" and "Derivatives and Risk Management." Students will explore the complexities of financial systems and instruments, gaining insights into how markets operate and how to manage financial risks.

In the final year, students will engage in capstone projects and specialized electives such as "International Finance" and "Portfolio Management." This year emphasizes practical application and strategic thinking, allowing students to synthesize their knowledge and prepare for real-world challenges in the finance sector.

Focus Areas: Corporate Finance, Investment Analysis, Risk Management, Financial Markets

Learning Outcomes: Financial Analysis, Investment Strategy Development, Risk Assessment, Ethical Decision-Making

Professional Alignment (Accreditation): The program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), ensuring a high standard of education and relevance to the finance industry.

Reputation (Employability Rankings): Illinois Institute of Technology consistently ranks highly in employability, with graduates recognized for their strong analytical skills and readiness for the workforce, as noted in QS Graduate Employability Rankings.

Experiential Learning (Research, Projects, Internships etc.)

At the Illinois Institute of Technology, the Bachelor of Science in Finance program is designed to provide students with a robust blend of theoretical knowledge and practical skills that are essential for success in the finance industry. Students engage in experiential learning through hands-on projects, internships, and access to state-of-the-art facilities and tools that prepare them for real-world challenges. The program emphasizes collaboration and innovation, allowing students to work in teams and apply their learning in practical settings.

Here are some key aspects of experiential learning in the BS Finance program:

- Trading Room: Gain experience in a simulated trading environment equipped with Bloomberg terminals, where you can analyze market data and execute trades in real-time.
- Internship Opportunities: Benefit from strong connections with local and national firms, providing access to internships that enhance your resume and professional network.
- Capstone Projects: Collaborate with peers on comprehensive projects that require you to apply your finance knowledge to solve real business problems.
- Financial Modeling Software: Learn to use industry-standard software such as Excel and R for financial analysis and modeling, which are crucial skills in the finance sector.
- Field Trips: Participate in organized visits to financial institutions and corporate offices, offering insights into the workings of the finance industry.
- Research Labs: Access dedicated research facilities where you can engage in finance-related research projects under the guidance of faculty members.
- Libraries and Resources: Utilize the Paul V. Galvin Library, which offers extensive resources, databases, and study spaces tailored for finance students.
- Institute for Finance: Engage with the Institute for Finance, which provides additional resources, workshops, and networking opportunities with industry professionals.

Progression & Future Opportunities

The Bachelor of Science in Finance at the Illinois Institute of Technology prepares students for a dynamic career in the financial sector, equipping them with the skills and knowledge needed to excel in various roles. Graduates often find themselves in positions such as Financial Analyst, Investment Banker, Risk Manager, or Corporate Finance Specialist. With a strong foundation in finance, students are well-prepared to navigate the complexities of the financial world and seize exciting opportunities:

- Career Services: The university offers robust career services, including resume workshops, interview preparation, and networking events that connect students with industry professionals.
- Employment Statistics: Approximately 90% of graduates secure employment within six months of graduation, with starting salaries averaging around $65,000, depending on the role and location.
- University–Industry Partnerships: Illinois Tech has established partnerships with leading financial firms and organizations, providing students with internship opportunities and real-world experience that enhances their employability.
- Accreditation: The finance program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), ensuring that the education you receive meets the highest standards of quality and relevance in the field.
- Graduation Outcomes: Alumni of the program have gone on to work at prestigious companies such as JPMorgan Chase, Goldman Sachs, and Deloitte, showcasing the program's strong reputation in the industry.

Further Academic Progression: After completing the BS in Finance, students have the option to further their education by pursuing a Master of Science in Finance or an MBA with a finance concentration. These advanced degrees can deepen your expertise and open doors to higher-level positions in finance, investment management, or corporate strategy. Additionally, students may consider professional certifications such as the Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP) to enhance their credentials and career prospects.