Finance & Financial Management Schools in Michigan
1,736 students earned Finance degrees in Michigan in the 2018-2019 year.
In this state, Finance & Financial Management is the 4th most popular major out of a total 29 majors commonly available.
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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 | 1,606 |
| Master’s Degree | 113 |
| Post-Master’s Certificate | 10 |
| Postbaccalaureate Certificate | 10 |
| Associate’s Degree | 5 |
| Doctor’s Degree (Research / Scholarship) | 2 |
| Doctor’s Degree (Professional Practice) | 2 |
| Doctor’s Degree (Other) | 2 |
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: 5.4%
- Black or African American: 4.7%
- Hispanic or Latino: 3.0%
- White: 69.4%
- Non-Resident Alien: 11.9%
- Other Races: 5.6%
Jobs for Finance & Financial Management Grads in Michigan
There are 131,270 people in the state and 5,710,980 people in the nation working in finance jobs.
Wages for Finance & Financial Management Jobs in Michigan
A typical salary for a finance grad in the state is $71,070, compared to a typical salary of $79,830 nationwide.
Most Popular Finance & Financial Management Programs in MI
There are 33 colleges in Michigan that offer finance degrees. Learn about the most popular 10 below:
Graduates earn an average $41,600 after graduation. Most students complete their degree in 4.39 years. Of all the students who attend this school, 66% get financial aid.
Graduates earn an average $35,300 after graduation. The student to faculty ratio is 16 to 1. Students who attend this public school pay an average net price of $18,019.
89% of students get financical aid. The student loan default rate of 7.00% is a good sign that graduates can afford their loan payments. A typical student attending WMU will pay a net price of $19,119.
The full-time teacher rate is 56%. A typical student attending Wayne State will pay a net price of $14,226. Grads earn an average early-career salary of $32,600 after earning their degree at this institution.
The student loan default rate is 4.90% which is lower than average. 72% of the teachers are full time. It takes the average student 4.75 years to graduate.
A typical student attending Oakland will pay a net price of $11,560. Grads earn an average early-career salary of $36,000 after earning their degree at this institution. The student to faculty ratio is 20 to 1.
13% of the teachers are full time. Graduates earn an average $49,200 after graduation. The student to faculty ratio is 13 to 1.
Students who attend this public school pay an average net price of $11,208. The student loan default rate is 5.90% which is lower than average. Students enjoy a student to faculty ratio of 17 to 1.
A typical student attending Eastern Michigan will pay a net price of $15,394. It takes the average student 4.89 years to graduate. 98% of the teachers are full time.
The 8.10% student loan default rate is lower than average. Most students complete their degree in 4.91 years. Graduates earn an average $32,500 after graduation.
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 |
| 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 | 6% | $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 | 10,612 |
| Accounting | 2,973 |
| Marketing | 2,176 |
| Human Resource Management | 1,394 |
| Business & Commerce | 999 |
| Hospitality Management | 566 |
| International Business | 488 |
| Management Information Systems | 402 |
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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