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Finance in Michigan

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Finance Schools in Michigan

1,645 students earned Finance degrees in Michigan in the 2020-2021 year.

In this state, Finance is the 4th most popular major out of a total 97 majors commonly available.

Education Levels of Finance Majors in Michigan

Finance majors in the state tend to have the following degree levels:

Education Level Number of Grads
Bachelor’s Degree 1,542
Master’s Degree 88
Post-Master’s Certificate 11
Postbaccalaureate Certificate 11
Associate Degree 4

Gender Distribution

In Michigan, a finance major is more popular with men than with women.

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Racial Distribution

The racial distribution of finance majors in Michigan is as follows:

  • Asian: 4.5%
  • Black or African American: 4.6%
  • Hispanic or Latino: 4.1%
  • White: 70.8%
  • Non-Resident Alien: 10.5%
  • Other Races: 5.4%
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Jobs for Finance Grads in Michigan

There are 95,210 people in the state and 4,245,450 people in the nation working in finance jobs.

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Wages for Finance Jobs in Michigan

Finance grads earn an average of $102,010 in the state and $100,990 nationwide.

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There are 10 colleges in Michigan that offer finance degrees. Learn about the most popular 10 below:

343 Degrees in Major Awarded
80% Graduation Rate
49,695 Total Students

Seeking financial aid? At this school, 71% of students receive it. In their early career, Michigan State grads earn an average salary of $50,137. This public school has an average net price of $19,058.

280 Degrees in Major Awarded
66% Graduation Rate
23,350 Total Students

Students enjoy a student to faculty ratio of 16 to 1. Roughly six years after entering college, graduates of this school earn $42,033 a year. It takes the average student 4.51 years to graduate.

155 Degrees in Major Awarded
53% Graduation Rate
19,887 Total Students

The average student takes 4.64 years to complete their degree at WMU. This public college charges it's students an average net price of $20,371. The student to faculty ratio is 18 to 1.

144 Degrees in Major Awarded
47% Graduation Rate
26,241 Total Students

15 to 1 is the student to faculty ratio. Graduates earn an average $40,269 after graduation. Students who attend this public school pay an average net price of $13,962.

#5

Oakland University

Rochester Hills
106 Degrees in Major Awarded
55% Graduation Rate
18,552 Total Students

Graduates earn an average $42,445 after graduation. This school boasts a lower than average student loan default rate of 3.60%. 53% of the teachers are full time.

93 Degrees in Major Awarded
56% Graduation Rate
8,783 Total Students

92% of students get financical aid. Grads earn an average early-career salary of $46,193 after earning their degree at this institution. Students enjoy a student to faculty ratio of 16 to 1.

#7

Central Michigan University

Mount Pleasant
79 Degrees in Major Awarded
62% Graduation Rate
17,311 Total Students

Of all the students who attend this school, 97% get financial aid. A typical student attending Central Michigan will pay a net price of $16,007. The student to faculty ratio is 18 to 1.

61 Degrees in Major Awarded
45% Graduation Rate
16,294 Total Students

Of all the teachers who work at the school, 99% are considered full time. 95% of students are awarded financial aid at this school. Most students complete their degree in 4.74 years.

57 Degrees in Major Awarded
49% Graduation Rate
2,541 Total Students

Students enjoy a student to faculty ratio of 9 to 1. 100% of the teachers are full time. Of all the students who attend this school, 99% get financial aid.

#10

Walsh College

Troy
54 Degrees in Major Awarded
1,744 Total Students

Students enjoy a student to faculty ratio of 11 to 1. Of all the teachers who work at the school, 13% are considered full time. Grads earn an average early-career salary of $55,242 after earning their degree at this institution.

Finance Careers in MI

Some of the careers finance majors go into include:

Job Title MI Job Growth MI Median Salary
Financial Managers 18% $116,300
Personal Financial Advisors 15% $73,050
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
Chief Executives -5% $203,290

Below are some popular majors in the state that are similar to finance.

Major Annual Graduates in MI
Financial Planning & Services 36
Other Financial Management 18

View all majors related to Finance

View Nationwide Finance Report

References

More about our data sources and methodologies.

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