Students in this concentration develop knowledge and skills to help consumers with everyday problems. Course work in consumer economics, personal finance, and economics give the student a broad-based background and understanding of the role of consumers in the marketplace.

A student can choose an emphasis in consumer economics, family economics, or financial planning and counseling.

Students working with an instructor at a desk
Body

Learn

Develop knowledge and skills to help consumers with everyday problems. Explore consumer economics, personal finance, and behavioral economics to gain a broad understanding of the role of consumers in the marketplace. Analyze data using financial and statistical tools.

Do

Take advantage of internship opportunities at places like Aldi, the Federal Trade Commission, and the Illinois Attorney General’s office. Conduct independent research through course work and through independent studies with faculty members. Past topics have included credit card debt of college students and University housing policy.

Advance

Pursue career opportunities as an insurance underwriter, banker, financial analyst, data analyst, or consumer fraud investigator. Use knowledge of family economics working for government agencies and non-profit organizations that make consumers and families better off. Go to graduate school in applied economics, business, or law.

Department Contact

Lauren Karplus
Academic Advisor, Experiential Learning Coordinator

304c Mumford Hall
217-300-1753
 

Lauren Karplus

Sample Curriculum

Consumer Economics and Finance
Agricultural and Consumer Economics (ACE) Major (10KL5007BS)

NOTE: This is merely a sample schedule. It is not the only schedule by which classes may be taken.

First Year

Fall Course & Hours   Spring Course & Hours  
ACE 100 4 ACE 161 3
ACES 101 2 RHET 105 or CMN 1012 3-4
RHET 105 or CMN 1012 3-4 MATH 124 or 2343 3-4
MATH 124 or 125 or 2203 3-4 ECON 103 3
Natural Sciences 3-5 Natural Sciences 3-5

2 An acceptable substitute is CMN 111/112.
3 Other acceptable math sequences are (MATH 125 and MATH 234) or (MATH 220 and MATH 231).

Second Year

Fall Course & Hours   Spring Course & Hours  
ACE 240* 3 ACE 270 3
ACE 341 CEF 1 ACE 300* 3
ACE 262** 3 ACE 264** 3
ACCY 201* 3 Cultural Studies 3
Soc/Behavioral Sciences 3 ACE or ACES Electives 3
Cultural Studies 3 Soc/Behavioral Sciences 3

*Prerequisites:
ACE 240: Sophmore standing
ACCY 201: ACE 100 or ECON 102 or ECON 103; credit for or concurrent enrollment in remaining ACE 100, ECON 102, or ECON 103
ACE 262: MATH 124 or MATH 125
ACE 264: ACE 262 and MATH 124 or MATH 125
ACE 300: ACE 100 or ECON 102
**Students who started in ACE/CEF in SP20 or earlier may meet the QR2 requirement with ACE 261 only, ACE 262/264 or ECON 202/203. Contact your advisor with any questions.

Third Year

Fall Course & Hours   Spring Course & Hours  
Course from list4 3 Course from list4 3
400-level International5 3 ACE 474* 3
Advanced Composition 3 Humanities 3
Humanities 3 Cultural Studies 3+
ACE or ACES Elective 3    

* Prerequisites:
ACE 445: ACE 240, ACE 300 or ECON 302, and junior standing, FIN 230 recommended
ACE 455: ACE 300 or ECON 302
ACE 456: ACE 300 or ECON 302
ACE 471: ACE 100 and junior standing
ACE 474: ACE 300 or ECON 302; a course in statistics, junior standing
ECON 418: ACE 300 or ECON 302
ECON 440: ACE 300 ECON 302
FIN 221: ACE 100 or ECON 102 or ECON 103
4 Refer to "choose two" list - CEF concentration reqs.
5 Choose from ACE 435, 436, 451, 452, 454, or 455. May also be fulfilled by 3 hours of credit from studying abroad in an approved program.

Fourth Year

Fall Course & Hours   Spring Course & Hours  
ACE or ACES Electives 9+ ACE 476*
ACE or ACES Electives
3-6+
    Other Electives 6+

* Prerequisites:
ACE 476: ACE 300 or ECON 302, a course in statistics, and senior standing
Students entering UIUC as of Summer 2018 or later have 3 cultural studies general education requirements. Students entering prior to Summer 2018 have 2 cultural studies generals education requirements.