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Best Finance & Financial Management Schools in the Great Lakes Region

2023 Best Finance & Financial Management Schools in the Great Lakes Region

144 Colleges
$52,044 Avg Salary
$24,671 Avg Student Debt

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

#1

University of Notre Dame

Notre Dame, IN

Our analysis found University of Notre Dame to be the best school for finance and financial management students who want to pursue a degree in the Great Lakes Region . Notre Dame is a large private not-for-profit school located in the 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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#2

University of Chicago

Chicago, IL

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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#3

Northwestern University

Evanston, IL

A rank of #3 on this year’s list means Northwestern University is a great place for finance and financial management students. Northwestern is a fairly large private not-for-profit school located in the small city of Evanston.

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You’ll join some of the best and brightest minds around you if you attend University of Illinois at Urbana-Champaign. The school came in at #4 on this year’s Best Finance & Financial Management Schools in the Great Lakes Region 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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The excellent programs at University of Wisconsin - Madison helped the school earn the #5 place on this year’s ranking of the best finance and financial management schools in the Great Lakes Region . 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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#6

Michigan State University

East Lansing, MI

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 small city of East Lansing, Michigan State is a public school 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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#7

Marquette University

Milwaukee, WI

Marquette University did quite well in this year’s ranking of the best schools for finance and financial management students. It came in at #7 on the list. Located in the large city of Milwaukee, Marquette is a private not-for-profit college with a fairly 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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Madison Area Technical College did quite well in this year’s ranking of the best schools for finance and financial management students. It came in at #8 on the list. Located in the city of Madison, Madison College is a public college with a fairly large student population.

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#9

Butler University

Indianapolis, IN

Butler University came in at #9 in this year’s edition of the Best Finance & Financial Management Schools in the Great Lakes Region ranking. Located in the large city of Indianapolis, Butler is a private not-for-profit college with a moderately-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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#10

Illinois Wesleyan University

Bloomington, IL

Illinois Wesleyan University came in at #10 in this year’s edition of the Best Finance & Financial Management Schools in the Great Lakes Region ranking. Located in the small city of Bloomington, Illinois Wesleyan is a private not-for-profit college 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 ranked #11 on this year’s Best Finance & Financial Management Schools in the Great Lakes Region list. Located in the city of Bloomington, IU Bloomington is a public school with a fairly large student population.

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Ohio State University - Main Campus landed the #12 spot in the 2023 rankings for the best finance and financial management programs. 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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Miami University - Oxford ranked #13 on this year’s Best Finance & Financial Management Schools in the Great Lakes Region list. Miami University - Oxford is a fairly 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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With a ranking of #14, Fox Valley Technical College did quite well on this year’s best schools for finance and financial management students. FVTC is a fairly large public school located in the midsize suburb of Appleton.

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#15

Purdue University - Main Campus

West Lafayette, IN

Purdue University - Main Campus came in at #15 in this year’s edition of the Best Finance & Financial Management Schools in the Great Lakes Region ranking. Purdue is a very large public school located in the small 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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#16

Augustana College

Rock Island, IL

Augustana College did quite well in this year’s ranking of the best schools for finance and financial management students. It came in at #16 on the list. Located in the small city of Rock Island, Augustana is a private not-for-profit school with a small student population.

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#17

University of Dayton

Dayton, OH

University of Dayton landed the #17 spot in the 2023 rankings for the best finance and financial management programs. UDayton is a fairly large private not-for-profit school located in the 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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#18

John Carroll University

University Heights, OH

John Carroll University ranked #18 on this year’s Best Finance & Financial Management Schools in the Great Lakes Region list. John Carroll is a small private not-for-profit school located in the large 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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#19

Taylor University

Upland, IN

Taylor University ranked #19 on this year’s Best Finance & Financial Management Schools in the Great Lakes Region list. 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 came in at #20 in this year’s edition of the Best Finance & Financial Management Schools in the Great Lakes Region ranking. Illinois Tech is a moderately-sized private not-for-profit school located in the 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 medium-sized public school located in the city of Cincinnati.

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Honorable Mentions

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

Finance & Financial Management is one of 21 different types of programs to choose from.

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.

More about our data sources and methodologies.

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