Chicago, IL (population: 2,878,948) has eight banking schools within its city limits. Loyola University Chicago, the highest ranked school in the city with a banking program, has a total student population of 15,879. It is the 144th highest ranked school in the USA and the 3rd highest in the state of Illinois (#1 is Northwestern University).
Banking students from Chicago schools who go on to become bankers, tellers, investment bankers, financial managers, etc. have a good chance at finding employment. For example, there are 153,720 people working as financial specialists alone in the US, and their average annual salary is $64,810. Also, Business and financial operations employees make on average $65,900 per year and there are about 6,063,670 of them employed in the US today. In fact, in the Chicago-Naperville-Joliet Metropolitan area alone, there are 229,060 employed business and financial operations employees earning an average salary of $69,670. Financial specialists in this area earn $73,400/yr and there are 5,890 employed.
Chicago lies in Cook county, which is one of the 49 counties in Illinois. Overall, the Chicago-Naperville-Joliet Metropolitan area has 3,669,800 total employed workers according to the US Bureau of Labor Statistics, with a 1% unemployment rate, $24/hr average worker wage, and a $48,910 average annual salary. Thus, about 2 out of every 1000 jobs in Chicago are held by financial specialists, and 62/1000 are held by business and financial operations employees.
Of the 8 banking schools in Chicago, only 4 have a student population over 10k. After taking into account tuition, living expenses, and financial aid, Loyola University Chicago comes out as the most expensive ($27,955/yr) for banking students, with University of Illinois at Chicago as the lowest, reported at only $8,828/yr.
|Name||State||Population||# of Schools||Avg School Rank||Total Programs||Distance from Chicago|
|Oak Park||IL||49,270||1||1.32863||0||6.6 miles|
|River Forest||IL||-||2||45.0836||173||8.0 miles|
|River Grove||IL||-||1||11.7006||67||10.0 miles|
|Blue Island||IL||-||2||31.6013||8||12.6 miles|
|Palos Heights||IL||-||1||26.9291||61||13.3 miles|
|Villa Park||IL||-||2||31.4324||7||16.3 miles|
|Oak Forest||IL||-||1||38.4537||3||16.7 miles|
|South Holland||IL||-||1||10.1002||61||17.0 miles|
|Des Plaines||IL||57,512||1||11.0092||69||17.3 miles|
|Calumet City||IL||-||1||19.3758||27||17.4 miles|
|Downers Grove||IL||49,475||1||0.403237||10||17.7 miles|
|Orland Park||IL||55,957||1||26.0399||11||18.2 miles|
|Tinley Park||IL||60,149||0||-||0||19.7 miles|
|Glen Ellyn||IL||-||1||13.8242||100||20.1 miles|
|Mount Prospect||IL||52,994||2||36.9644||21||20.8 miles|
|Glendale Heights||IL||-||1||27.7281||3||21.3 miles|
|Arlington Heights||IL||73,268||1||24.4091||3||23.2 miles|
|Chicago Heights||IL||-||1||9.7858||55||23.2 miles|
|Carol Stream||IL||40,639||0||-||0||23.8 miles|