Finance & Financial Management Schools in Michigan
1,704 Finance students earned their degrees in the state in 2020-2021.
As a degree choice, Finance & Financial Management is the 14th most popular major in the state.
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Education Levels of Finance & Financial Management Majors in Michigan
Finance majors in the state tend to have the following degree levels:
| Education Level | Number of Grads |
|---|---|
| Bachelor’s Degree | 1,593 |
| Master’s Degree | 91 |
| Post-Master’s Certificate | 11 |
| Postbaccalaureate Certificate | 11 |
| Award Taking 12 Weeks to 1 Year | 5 |
| Award Taking Less 12 Weeks | 5 |
| Award Taking Less Than 1 Year | 5 |
| Associate Degree | 4 |
Gender Distribution
In Michigan, a finance major is more popular with men than with women.
Racial Distribution
The racial distribution of finance majors in Michigan is as follows:
- Asian: 4.3%
- Black or African American: 4.5%
- Hispanic or Latino: 4.0%
- White: 71.5%
- Non-Resident Alien: 10.2%
- Other Races: 5.4%
Jobs for Finance & Financial Management Grads in Michigan
In this state, there are 131,270 people employed in jobs related to a finance degree, compared to 5,710,980 nationwide.
Wages for Finance & Financial Management Jobs in Michigan
In this state, finance grads earn an average of $71,070. Nationwide, they make an average of $79,830.
Most Popular Finance & Financial Management Programs in MI
There are 10 colleges in Michigan that offer finance degrees. Learn about the most popular 10 below:
71% of students get financical aid. It takes the average student 4.35 years to graduate. 88% of the teachers are full time.
Grads earn an average early-career salary of $42,033 after earning their degree at this institution. 16 to 1 is the student to faculty ratio. A typical student attending GVSU will pay a net price of $17,356.
Roughly six years after entering college, graduates of this school earn $40,533 a year. 82% of students are awarded financial aid at this school. The student loan default rate is 5.60% which is lower than average.
98% of students get financical aid. It takes the average student 4.73 years to graduate. 60% of the teachers are full time.
19 to 1 is the student to faculty ratio. Most students complete their degree in 4.61 years. Seeking financial aid? At this school, 93% of students receive it.
Seeking financial aid? At this school, 92% of students receive it. Of all the teachers who work at the school, 70% are considered full time. The average student takes 4.75 years to complete their degree at UM Dearborn.
Students enjoy a student to faculty ratio of 18 to 1. Students who attend this public school pay an average net price of $16,007. The 4.80% student loan default rate is lower than average.
A typical student attending Eastern Michigan will pay a net price of $15,127. Of all the students who attend this school, 95% get financial aid. It takes the average student 4.74 years to graduate.
It takes the average student 4.18 years to graduate. The full-time teacher rate is 100%. 9 to 1 is the student to faculty ratio.
Roughly six years after entering college, graduates of this school earn $55,242 a year. 11 to 1 is the student to faculty ratio. 13% of the teachers are full time.
Finance & Financial Management Careers in MI
Some of the careers finance majors go into include:
| Job Title | MI Job Growth | MI Median Salary |
|---|---|---|
| Credit Counselors | 23% | $47,370 |
| Financial Managers | 18% | $116,300 |
| Business Professors | 15% | $93,440 |
| Personal Financial Advisors | 15% | $73,050 |
| Loan Interviewers and Clerks | 13% | $38,620 |
| Financial Analysts | 9% | $78,490 |
| Financial Specialists | 9% | $59,420 |
| General and Operations Managers | 9% | $101,270 |
| Credit Analysts | 9% | $60,860 |
| Budget Analysts | 7% | $78,750 |
| Securities, Commodities, and Financial Services Sales Agents | 6% | $51,070 |
| Credit Authorizers, Checkers, and Clerks | 0% | $41,040 |
| Bill and Account Collectors | -3% | $37,650 |
| Chief Executives | -5% | $203,290 |
| New Accounts Clerks | -6% | $37,740 |
| Tellers | -8% | $29,050 |
Related Majors in Michigan
Below are some popular majors in the state that are similar to finance.
| Major | Annual Graduates in MI |
|---|---|
| Business Administration & Management | 9,389 |
| Accounting | 2,435 |
| Marketing | 2,001 |
| Human Resource Management | 1,262 |
| Business & Commerce | 1,060 |
| Management Sciences & Methods | 817 |
| Hospitality Management | 447 |
| International Business | 436 |
View all majors related to Finance & Financial Management
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View Nationwide Finance & Financial Management Report
References
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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