Finance & Financial Management Schools in Michigan
1,704 Finance students earned their degrees in the state in 2020-2021.
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 | 1,593 |
| 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
131,270 people in the state and 5,710,980 in the nation are employed in jobs related to finance.
Wages for Finance & Financial Management Jobs in Michigan
Finance grads earn an average of $71,070 in the state and $79,830 nationwide.
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:
Students who attend this public school pay an average net price of $19,058. Roughly six years after entering college, graduates of this school earn $50,137 a year. The student loan default rate of 2.60% is a good sign that graduates can afford their loan payments.
This public college charges it's students an average net price of $17,356. It takes the average student 4.51 years to graduate. The 2.70% student loan default rate is lower than average.
The average student takes 4.64 years to complete their degree at WMU. The student to faculty ratio is 18 to 1. In their early career, WMU grads earn an average salary of $40,533.
Most students complete their degree in 4.73 years. Of all the teachers who work at the school, 60% are considered full time. 98% of students are awarded financial aid at this school.
Students enjoy a student to faculty ratio of 19 to 1. Of all the students who attend this school, 93% get financial aid. 53% of the teachers are full time.
In their early career, UM Dearborn grads earn an average salary of $46,193. The 3.70% student loan default rate is lower than average. Of all the students who attend this school, 92% get financial aid.
This public school has an average net price of $16,007. The student to faculty ratio is 18 to 1. Most students complete their degree in 4.65 years.
Most students complete their degree in 4.74 years. In their early career, Eastern Michigan grads earn an average salary of $39,128. The student loan default rate of 7.10% is a good sign that graduates can afford their loan payments.
Students enjoy a student to faculty ratio of 9 to 1. Most students complete their degree in 4.18 years. Roughly six years after entering college, graduates of this school earn $49,169 a year.
In their early career, Walsh grads earn an average salary of $55,242. This school boasts a lower than average student loan default rate of 2.00%. Of all the teachers who work at the school, 13% are considered 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 |
| 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 | 9,225 |
| Accounting | 2,427 |
| Marketing | 1,993 |
| Human Resource Management | 1,219 |
| Business & Commerce | 1,060 |
| Management Sciences & Methods | 786 |
| Hospitality Management | 447 |
| International Business | 421 |
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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