2023 Best Finance & Financial Management Schools in the Great Lakes Region
Finding the Best Finance & Financial Management School for You
Out of all the majors we analyze each year, finance and financial management was ranked #14 in the country. In fact 57,778 degrees and certificates were handed out in 2020-2021.
It's not easy to decide which program to enroll in when you have so many options available. You're no longer limited to schools in your local area, either, since online programs are becoming more prevalent. Or you may find the programs at a trade school to be a better alternative for you.
To help you arm yourself with the information you need to make your decision, Course Advisor has developed this Best Finance & Financial Management Schools in the Great Lakes Region ranking. This report analyzed 144 schools in the Great Lakes Region to see which ones offered the best programs for students.
View our full ranking methodology.
2023 Best Finance & Financial Management Schools in the Great Lakes Region
The following schools top our list of the Best Finance & Financial Management Colleges.
Top 15% Best Finance & Financial Management Schools
Our 2023 rankings named University of Notre Dame the best school in the Great Lakes Region for finance and financial management students. Notre Dame is a fairly large private not-for-profit school located in the large suburb of Notre Dame.
The average amount in student loans that finance majors at Notre Dame take out is $19,000. This translates to an average monthly loan payment of $856, based on a 10-year repayment plan.
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A rank of #2 on this year’s list means University of Chicago is a great place for finance and financial management students. Located in the city of Chicago, UChicago is a private not-for-profit school with a large student population.
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You’ll be in good company if you decide to attend Northwestern University. It ranked #3 on our 2023 Best Finance & Financial Management Schools in the Great Lakes Region list. Northwestern is a very large private not-for-profit school located in the city of Evanston.
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Out of the 144 schools in the Great Lakes Region that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the # 4 spot on the list. UIUC is a very large public school located in the small city of Champaign.
While working on their degree, finance majors at UIUC accumulate an average of around $19,500 in student debt. This translates to an average monthly loan payment of $417, based on a 10-year repayment plan.
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A rank of #5 on this year’s list means University of Wisconsin - Madison is a great place for finance and financial management students. UW - Madison is a fairly large public school located in the large city of Madison.
After completing their degree, finance graduates from UW - Madison carry an average student debtload of $19,500. The average monthly payment of a loan this size is about $462, assuming that the borrower is on a 10-year repayment plan.
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Michigan State University came in at #6 in this year’s edition of the Best Finance & Financial Management Schools in the Great Lakes Region ranking. Located in the city of East Lansing, Michigan State is a public college with a fairly large student population.
While working on their degree, finance majors at Michigan State accumulate an average of around $23,250 in student debt. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $448.
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Marquette University landed the #7 spot in the 2023 rankings for the best finance and financial management programs. Located in the large city of Milwaukee, Marquette is a private not-for-profit college with a large student population.
The average amount in student loans that finance majors at Marquette take out is $24,000. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $286.
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With a ranking of #8, Madison Area Technical College did quite well on this year’s best schools for finance and financial management students. Located in the large city of Madison, Madison College is a public college with a large student population.
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With a ranking of #9, Butler University did quite well on this year’s best schools for finance and financial management students. Located in the city of Indianapolis, Butler is a private not-for-profit college with a medium-sized student population.
While working on their degree, finance majors at Butler accumulate an average of around $19,500 in student debt.
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Illinois Wesleyan University ranked #10 on this year’s Best Finance & Financial Management Schools in the Great Lakes Region list. Located in the small city of Bloomington, Illinois Wesleyan is a private not-for-profit school with a small student population.
On average, finance graduates from Illinois Wesleyan take out $26,000 in student loans while working on their degree.
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Indiana University - Bloomington landed the #11 spot in the 2023 rankings for the best finance and financial management programs. Located in the small city of Bloomington, IU Bloomington is a public school with a fairly large student population.
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Ohio State University - Main Campus did quite well in this year’s ranking of the best schools for finance and financial management students. It came in at #12 on the list. Ohio State is a fairly large public school located in the large city of Columbus.
The average amount in student loans that finance majors at Ohio State take out is $20,530. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $254.
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With a ranking of #13, Miami University - Oxford did quite well on this year’s best schools for finance and financial management students. Miami University - Oxford is a large public school located in the town of Oxford.
On average, finance graduates from Miami University - Oxford take out $21,437 in student loans while working on their degree. The average monthly payment of a loan this size is about $589, assuming that the borrower is on a 10-year repayment plan.
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Fox Valley Technical College ranked #14 on this year’s Best Finance & Financial Management Schools in the Great Lakes Region list. FVTC is a large public school located in the medium-sized suburb of Appleton.
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With a ranking of #15, Purdue University - Main Campus did quite well on this year’s best schools for finance and financial management students. Purdue is a very large public school located in the city of West Lafayette.
The average amount in student loans that finance majors at Purdue take out is $21,500. The average monthly payment of a loan this size is about $418, assuming that the borrower is on a 10-year repayment plan.
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Augustana College came in at #16 in this year’s edition of the Best Finance & Financial Management Schools in the Great Lakes Region ranking. Located in the city of Rock Island, Augustana is a private not-for-profit college with a small student population.
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University of Dayton came in at #17 in this year’s edition of the Best Finance & Financial Management Schools in the Great Lakes Region ranking. UDayton is a fairly large private not-for-profit school located in the medium-sized city of Dayton.
After completing their degree, finance graduates from UDayton carry an average student debtload of $23,000. For students who choose a 10-year repayment plan, the average monthly student loan payment is $807.
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John Carroll University landed the #18 spot in the 2023 rankings for the best finance and financial management programs. John Carroll is a small private not-for-profit school located in the suburb of University Heights.
Finance majors at John Carroll take out an average of $27,000 in student loans while working on their egree. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $547.
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Taylor University came in at #19 in this year’s edition of the Best Finance & Financial Management Schools in the Great Lakes Region ranking. Located in the town of Upland, Taylor U is a private not-for-profit college with a small student population.
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Illinois Institute of Technology ranked #20 on this year’s Best Finance & Financial Management Schools in the Great Lakes Region list. Illinois Tech is a medium-sized private not-for-profit school located in the large city of Chicago.
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Cincinnati State Technical and Community College came in at #21 in this year’s edition of the Best Finance & Financial Management Schools in the Great Lakes Region ranking. Cincinnati State is a moderately-sized public school located in the city of Cincinnati.
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These are some additional schools worth mentioning that are also great but just didn't quite make the cut to earn our top Best Finance & Financial Management Schools in the Great Lakes Region award.
| Rank | College | Location |
|---|---|---|
| 22 | Case Western Reserve University | Cleveland, OH |
| 23 | Walsh College | Troy, MI |
| 24 | University of Wisconsin - La Crosse | La Crosse, WI |
| 25 | Loyola University Chicago | Chicago, IL |
| 26 | Calvin University | Grand Rapids, MI |
| 27 | Illinois State University | Normal, IL |
| 28 | University of Wisconsin - Eau Claire | Eau Claire, WI |
Best Finance & Financial Management Colleges by State
Explore the best finance and financial management colleges for a specific state in the Great Lakes region.
| State | Degrees Awarded |
|---|---|
| Michigan | 1,699 |
| Ohio | 3,170 |
| Illinois | 1,970 |
| Indiana | 1,178 |
| Wisconsin | 1,564 |
More Finance & Financial Management Rankings in the Great Lakes Region
Rankings in Majors Related to Finance
Finance & Financial Management is one of 21 different types of programs to choose from.
Most Popular Related Majors
| Related Major | Annual Graduates |
|---|---|
| Business Administration & Management | 416,590 |
| Accounting | 99,265 |
| General Business/Commerce | 56,042 |
| Marketing | 52,916 |
| Management Sciences & Quantitative Methods | 43,382 |
Notes and References
*These averages are for the top 25 schools only.
- Read more about our ranking methodology.
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of the rest of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Credit for the banner image above goes to Dave Dugdale.
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More about our data sources and methodologies.
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