B.S. in Financial Economics

Financial Economics (B.S.)

The Bachelor of Science in Financial Economics program at Stuart School of Business prepares students for career opportunities at the intersection of finance and economics in all types of businesses, organizations, and government agencies.

As the only business school in Chicago that’s part of a tech-focused university, Stuart bridges business and technology to provide you with a depth of knowledge in finance and economics, a foundation in business fundamentals that is second to none, and mastery of quantitative and analytical skills that employers seek.

You’ll learn about the comprehensive scientific, mathematical, and applied skill sets required for testing and applying economic models within business settings. Our program also equips you with critical thinking skills for evaluating and improving methods that investigate the economic components that influence individual, system, and social level variables.

Through Illinois Tech’s one-of-a-kind Elevate program, you are guaranteed access to hands-on experiences—such as internships, group projects, and research— where you connect your classroom learning with real-world practice. You also receive mentoring to guide your academic studies and to prepare you to land a great job when you graduate.

Chicago is a global financial center and home to the world’s largest markets in financial derivatives. With Stuart’s strong industry connections in Chicago for internships and networking, highly respected faculty, and a cutting-edge curriculum, you will be ready to launch your career.

STEM-Designated Program

This is a STEM-designated program, and international graduates of the program are eligible to apply for an extension for Optional Practical Training, which allows selected students to stay and work in the United States for up to three years after graduation.

Program Overview

Stuart’s STEM-designated B.S. in Financial Economics program emphasizes the mastery of interdisciplinary quantitative methods, the application of economic and finance theory, and practical skills that students use in real-world settings. Our graduates are problem solvers who are competitive job applicants across the private, public, and nonprofit sectors.

Career Opportunities

The B.S. in Financial Economics degree provides excellent preparation for the private and public sector job markets across a wide range of industries in positions such as policy analysts, financial analysts, management consultants, or economic development practitioners.

Graduates with an education in economics have a relatively high median starting salary of $51,000 and a $78,000 average base salary, making it one of the 20 most profitable college majors, according to PayScale.com. The opportunities for wage growth are high, particularly with further education. The United States Bureau of Labor Statistics reports a median occupational wage for economists of $113,940 in 2022.

Disclaimer for prospective students, please read.
The information provided is sourced from a third party, Lightcast, and is provided here for informational and educational purposes only. Please be advised that the inclusion of the Lightcast resource on this website does not imply endorsement by Illinois Institute of Technology (Illinois Tech), nor is it a guarantee of the accuracy of this information. Illinois Tech makes no representation, warranty or guarantee, express or implied, that the information presented herein is reflective of the outcomes you can expect if you enroll in or graduate from an Illinois Tech program. Illinois Tech expressly disclaims any liability regarding Lightcast, or in connection with any actual or potential employment opportunity stemming from information on this site and you hereby irrevocably waive any claim(s) against the Illinois Tech for the same. Your use of this web page is an acknowledgement of your understanding and acceptance of the terms and conditions set forth herein. You are encouraged to conduct your own thorough research into job opportunities and outcomes in your field of study.

The financial economics program at Stuart is designed to build your core business competencies—including accounting, economics, statistics, finance, business law, marketing, management, decision making, operation and supply chain, and entrepreneurship—and develop your knowledge and advanced skills in the field of financial economics.

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Admission to Illinois Tech is required to enroll in the B.S. in Financial Economics program. Current Illinois Tech students should consult their academic adviser to transfer into the program.

Claire Johnson, Stuart School of Business

Have Questions? Connect with Us

For any questions about Stuart School of Business degree programs or the application and enrollment process, contact our Director of Student Recruitment Claire Johnson.

“Being in Chicago allowed me to attend different networking events, which led to obtaining a summer internship. During my interview with Wintrust Financial Corp. they were extremely interested with the work we do in Stuart Investments. Stuart provided this unique opportunity that allowed me to stand out compared to other applicants.”

—Mohamed Shamel (Business Administration with Finance specialization/M.S. Finance ’21) Private Equity Analyst, 50 South Capital

Mohamed Shamel

More Value with Business at Stuart

Elevate Your Future

Through Illinois Tech’s Elevate program, we guarantee you hands-on opportunities like internships and other valuable experiences. Add in your personalized Elevate Your Future plan, and you’ll have the twenty-first century skills to land a great job!

A student speaks to a potential employer at a career fair

Stuart’s Career Management Center is dedicated to business students with individualized career counseling, resources for internship and job search, career pathway programs, and networking with business professionals.

Accelerated Master’s Program

Start your career with a master’s! You can earn both a bachelor’s and a master’s degree from Stuart in as few as five years, while keeping your undergrad scholarships, through Illinois Tech’s Accelerated Master’s Program.

Featured Faculty

John Twombly
Associate Dean for Undergraduate Affairs Director of Undergraduate Programs in Business Clinical Professor of Accounting and Finance Adjunct Faculty, Industrial Technology and Management
Priyanka Sharma
Associate Professor of Economics
Li Cai
Associate Professor of Finance
Ghazale Jafari Haddadian
Clinical Associate Professor of Operations and Energy Management
Charles Hamilton
Clinical Associate Professor of Accounting
Nik Rokop
Coleman Foundation Clinical Associate Professor of Entrepreneurship Director, Master of Technological Entrepreneurship Director, M.S. in Technological Entrepreneurship Director, Center for Sports Innovation
Andrew Kumiega
Assistant Professor of Analytics Adjunct Professor, Industrial Technology and Management

Stuart Stands Out

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Only Business School in a Tech-Focused University in Chicago


Stuart is AACSB Accredited. Only 6% of Business Schools Globally Are.

—Association to Advance Collegiate Schools of Business International