Associate Degrees in Accounting in Illinois

by

Updated January 5, 2023

Looking for the best Associate Degree in Accounting in Illinois? You should consider these top-tier programs and jobs in the accounting field.

TheBestSchools.org is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

Are you ready to discover your college program?

Credit: Vitaly Tyuk | EyeEm | Getty Images

Associate Degrees in Accounting in Illinois

Earning an Associate Degree in Accounting in Illinois

Looking for the best degrees to get in Illinois for accounting? Associate degrees are an excellent way to prepare for work in diverse fields. Associate degree-holders possess the skills required to move forward in their field.

Associate degree-holders earn an average of about $963 per week. With an associate degree, the unemployment rate is 4.6%, versus 6.2% for those with a high school degree.

Accounting Associate Programs for You

Working and Living in Illinois in the Accounting Profession

Earning a degree in accounting can provide students with the skills and knowledge necessary to pursue a career in this field. Most accounting programs cover topics such as financial accounting, managerial accounting, tax accounting, and auditing. Students learn about the different types of financial statements and how to prepare them. They also study different accounting methods and how to choose the best one for a given situation. Additionally, students gain an understanding of how to read and interpret financial data. They will learn about auditing procedures and how to detect and prevent fraud.

In Illinois, the median salary is $46,630 a year, or $22.42 an hour. This statistic includes all 5,618,830 employees in Illinois. BLS data shows that the lowest earners in the state earn $24,470 a year, and the highest earners bring in $103,490. The following is a comparison of the wages for accountants and auditors in Illinois.

Key

Accountants and Auditors in Illinois
Accountants and Auditors Nationally
All Occupations in Illinois
All Occupations Nationally

Salaries for Accountants and Auditors in Illinois and Nationwide

Chart

Bar chart with 5 bars.
The chart has 1 X axis displaying salary types.
The chart has 1 Y axis displaying annual salaries in USD.
Source: Bureau of Labor Statistics
End of interactive chart.

In terms of cost of living, Illinois ranks number 13 among 51 states (including Washington, D.C.). The cost of living index measures the average cost of living in the U.S. against specific states in the U.S. Based on a U.S. average of 100, all locations within the country are either above (more expensive) or below (less expensive). Illinois' cost of living index is 91.4, which is -8.6% lower than the national average. As a comparison, you can see how the cost of groceries, housing, utilities, and other items in Illinois stacks up to the rest of the country.

Chart

Bar chart with 5 bars.
The chart has 1 X axis displaying.
The chart has 1 Y axis displaying values.
Source: Missouri Research and Information Center
End of interactive chart.

Jobs for accountants and auditors are projected to grow 6.9% over the next decade. The BLS projects that the number of these professionals will change from 1,392,200 in 2020 to 1,488,200 in 2030. Associate degrees are generally the best entry-level education for these positions.

Associate Degrees in Accounting in Illinois

#1 Associate Degrees in Accounting in Illinois

Black Hawk College

  • Moline, IL
  • 2 years
  • Online + Campus

Black Hawk College, located in Moline, supports one online associate degree program, its accounting associate of applied science (AAS). The program equips students with the knowledge and skills needed to succeed in an accounting career. Students seeking to advance their studies can apply their credits towards a bachelor's degree.

While enrolled, students benefit from institutional resources, such as career services and academic advising. Online students can further access virtual library services and academic tutoring. It is easier for students attending the school on campus to access campus facilities and professors' offices.

Learners can access scholarships, fellowships, and other funding opportunities, receiving an average of $4,876 in aid. Students can expect to receive financial aid or loans, as 57% of enrollees are awarded aid, and 10% receive loans.

Black Hawk College at a Glance:

Type of school: Public, 2-year

Location: Moline, Illinois

Admission Rate: Data not available

Student-Faculty Ratio: 19-to-1

Undergrad Tuition In State: $7,500

Undergrad Tuition Out of State: $7,650

Transfer Credit Accepted: Data not available

Average Tuition
In-state
$7,500
Out-of-state
$7,650
Retention Rate
63%
Admission Rate
Not provided
Students Enrolled
3,743
Institution Type
Public
Percent Online Enrollment
71% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#2 Associate Degrees in Accounting in Illinois

Triton College

  • River Grove, IL
  • 2 years
  • Online + Campus

Triton College, located in River Grove, offers an online associate in applied science in accounting and finance. Students in the program gain knowledge and industry-relevant skills through coursework and experiential learning opportunities. Students seeking to advance in further studies can apply their credits toward a bachelor's degree.

Students can access career services, academic advising, and additional support during their studies. Other institutional resources include virtual library services and academic tutoring. Students who attend the school on campus have easier access to campus amenities and faculty offices.

Online students can expect to receive an average of $5,536 in financial aid awards. The college reports that 63% of students are awarded financial aid, with 4% awarded student loans.

Triton College at a Glance:

Type of school: Public, 2-year

Location: River Grove, Illinois

Admission Rate: Data not available

Student-Faculty Ratio: 19-to-1

Undergrad Tuition In State: $10,001

Undergrad Tuition Out of State: $12,542

Transfer Credit Accepted: Data not available

Average Tuition
In-state
$10,410
Out-of-state
$13,050
Retention Rate
65%
Admission Rate
Not provided
Students Enrolled
8,819
Institution Type
Public
Percent Online Enrollment
75% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#3 Associate Degrees in Accounting in Illinois

Illinois Valley Community College

  • Oglesby, IL
  • 2 years
  • Campus

Located in Oglesby, Illinois Valley Community College offers an accounting associate in applied science degree. Students can build their knowledge of the field through coursework and experiential learning opportunities. Learners can apply their course credits toward future educational opportunities, such as earning a bachelor's degree.

Students can access numerous college resources such as career services and academic advising. Distance learners can connect with virtual library services, academic tutoring, and other resources. However, attending classes on campus makes it easier for students to access the school's facilities and professors' offices.

The institution reports the average financial aid award as $5,130. The college notes that 66% of all students receive financial aid awards, with 5% receiving loans.

Illinois Valley Community College at a Glance:

Type of school: Public, 2-year

Location: Oglesby, Illinois

Admission Rate: Data not available

Student-Faculty Ratio: 15-to-1

Undergrad Tuition In State: $10,800

Undergrad Tuition Out of State: $11,760

Transfer Credit Accepted: Data not available

Average Tuition
In-state
$13,000
Out-of-state
$14,000
Retention Rate
67%
Admission Rate
Not provided
Students Enrolled
2,413
Institution Type
Public
Percent Online Enrollment
73% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#4 Associate Degrees in Accounting in Illinois

Lake Land College

  • Mattoon, IL
  • 2 years
  • Campus

Located in Mattoon, Lake Land College offers an accounting associate of applied science degree. Students in the program benefit from industry-relevant coursework, preparing them for future careers in accounting. Upon graduating, students can also apply their course credits toward a bachelor's degree.

The college connects students with career services, academic advising, and other success-geared resources. Distance learners can also access resources such as virtual library services and academic tutoring. It is easier for students attending the school on campus to access campus facilities and professors' offices.

The college reports that the average student's financial aid award package is $5,044. Students benefit from financial aid, with 77% of enrollees receiving some form of funding.

Lake Land College at a Glance:

Type of school: Public, 2-year

Location: Mattoon, Illinois

Admission Rate: Data not available

Student-Faculty Ratio: 19-to-1

Undergrad Tuition In State: $6,989

Undergrad Tuition Out of State: $12,791

Transfer Credit Accepted: Data not available

Average Tuition
In-state
$7,139
Out-of-state
$12,940
Retention Rate
65%
Admission Rate
Not provided
Students Enrolled
3,862
Institution Type
Public
Percent Online Enrollment
69% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#5 Associate Degrees in Accounting in Illinois

City Colleges of Chicago-Richard J Daley College

  • Chicago, IL
  • 2 years
  • Campus

City Colleges of Chicago-Richard J Daley College offers students the opportunity to earn an accounting associate in arts. Students in the program complete courses relevant to accounting, preparing them for their future careers. Students seeking to advance in further studies can apply their credits toward a bachelor's degree.

During their studies, students can access career services, academic advising, and other resources. They can also access virtual library services and academic tutoring. However, students who attend the school on campus have easier access to campus amenities and faculty offices.

The college reports that the average student's financial aid award package is $5,238. The institution reports that 60% of all enrollees receive financial aid, and 1% receive student loans.

City Colleges of Chicago-Richard J Daley College at a Glance:

Type of school: Public, 2-year

Location: Chicago, Illinois

Admission Rate: Data not available

Student-Faculty Ratio: 30-to-1

Undergrad Tuition In State: $9,216

Undergrad Tuition Out of State: $11,544

Transfer Credit Accepted: Data not available

Average Tuition
In-state
$11,520
Out-of-state
$14,430
Retention Rate
60%
Admission Rate
Not provided
Students Enrolled
4,929
Institution Type
Public
Percent Online Enrollment
94% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

Financing an Associate Degree in Accounting

Financial aid can assist you in paying for college. Scholarships, grants, fellowships, and work-study programs are all ways to get financial aid. Some students also pay for their degree with federal and private student loans. Do your research and find out what kind of financial aid is available at your desired schools.

Checklist for Maximizing Your Financial Aid

Average Cost of Attending College in Illinois

There is a wide variation in the cost of education in Illinois. Public and private institutions, however, share some commonalities. If you are interested in attending a public institution, please review the information below.

Public 4-Year School Tuition Rates: Illinois vs. National Average

Key

Illinois
National Average

Chart

Bar chart with 5 bars.
The chart has 1 X axis displaying salary types.
The chart has 1 Y axis displaying annual salaries in USD.
Source: National Center for Education Statistics
End of interactive chart.

How about attending a private college or university instead of a public one? In private colleges, tuition is typically higher. A graph that provides information about attending private colleges in Illinois is shown below.

Private 4-Year School Tuition Rates: Illinois vs. National Average

Key

Illinois
National Average

Chart

Bar chart with 5 bars.
The chart has 1 X axis displaying salary types.
The chart has 1 Y axis displaying annual salaries in USD.
Source: National Center for Education Statistics
End of interactive chart.

Federal Student Loan Information

Would taking out student loans help you finance your degree? Prior to obtaining a loan, it is important to take a few things into consideration.

Take a look at the following data to learn what students typically borrow.

Undergraduate Federal Loans
Demographic Percent who borrowed Amount borrowed
Total 66.6% $27,400
Female 69.6% $28,100
Male 62.5% $26,500
White, not Hispanic or Latino 66.1% $26,700
Black, not Hispanic or Latino 85.7% $34,800
Hispanic or Latino/a, of any race 67.7% $25,700
Asian, not Hispanic or Latino 43% $22,700
Other or Two or more races, not Hispanic or Latino 70.4% $28,300
Source: NCES

Online vs. On-Campus

Pros and Cons: Online Degrees

Pros

  • Cheaper tuition
  • Flexible, asynchronous classwork
  • No on-campus fees for parking, tech, etc.

Cons

  • Less structure
  • Minimal peer-to-peer interaction
  • Less facetime with professor
  • No access to on-campus amenities

Pros and Cons: On-Campus Degrees

Pros

  • Gym, library, etc. access
  • Smaller class options
  • Face time with peers and professors

Cons

  • More expensive
  • Transportation or housing costs
  • Rigid scheduling
Among the main differences between an online and on-campus program include the cost and class size. Numerous advantages can be gained from online programs, including flexibility, affordability, and ease of use. As a result of student fees, on-campus degrees can be more expensive than online degrees. However, there are many advantages to learning in person.

Top Accounting Degree Options Available by State
State Degree Level
California Associate, Bachelors, Masters, Doctorate
Florida Associate, Bachelors, Masters
Georgia Associate, Bachelors, Masters, Doctorate
Illinois Bachelors, Masters, Doctorate
New York Associate, Bachelors, Masters, Doctorate
North Carolina Associate, Bachelors, Masters
Pennsylvania Associate, Bachelors, Masters, Doctorate
Texas Associate, Bachelors, Masters, Doctorate
Virginia Associate, Bachelors, Masters, Doctorate
Washington Associate, Bachelors, Masters

Private vs. Public

Many differences exist between public and private colleges, including cost. There are several grants and scholarships that can assist with the cost of attending a public college. For students with high GPAs and SAT scores, private institutions usually offer merit scholarships.

Private universities usually feature smaller class sizes. This is an advantage for students who want more individual attention from professors. Consider the pros and cons of attending a private institution versus a public one.

Pros and Cons

Private

  • Unique program offerings
  • Cultural or religious options
  • Local prestige
  • Higher costs
  • Less regulatory oversight

Public

  • Government-issued tuition costs
  • Government funding, benefits, and regulation
  • Oftentimes large classrooms

Frequently Asked Questions

How much do accountants and auditors in Illinois make?

In-state accountants and auditors make a mean annual salary of $78,430.

Are graduates with accounting degrees in high demand?

The total number of accountants and auditors is projected to grow by 6.9% from 2020 to 2030.

Are there any opportunities to study for an associate degree in accounting online?

Yes, you can get an online associate degree in accounting. Almost all schools today offer some form of online education.

How many years will you spend earning an associate degree?

Full-time students tend to complete their associate degree in two years. For part-time students, the process will take longer to complete.

Popular with our students.

Highly informative resources to keep your education journey on track.

Take the next step toward your future with online learning.

Discover schools with the programs and courses you’re interested in, and start learning today.

woman in an office