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$43,035 Average Earnings
$23,437 Avg Student Debt

When it comes to higher education, there are a lot of options for business students. Along with traditional schools that require in-person attendence, you can attend one of many reputable online schools. Some programs even offer a hybrid experience. Also, there are a number of trade schools and bootcamp with offerings that you might find attractive.

To assist you in seeing some of the education options that are available to you, Business Degree Central has created its <nil> ranking.

View our full ranking methodology.

Top Business Schools in Michigan

Learn more about these excellent schools below:

#1

University of Michigan - Ann Arbor

Ann Arbor, Michigan
$58,051 Average Earnings
$17,682 Avg Student Debt

Our analysis found University of Michigan - Ann Arbor to be the best school for business students in Michigan.

Degree recipients from U-M accumulate an average of $17,682 in student debt by the time they complete their degree. If you borrow this amount, expect your monthly student loan payment to be around $419, assuming you are on a 10-year repayment plan.After graduating from U-M, students go on to jobs where they make an average of $58,051 during the early years of their career.

Full University of Michigan - Ann Arbor Report

#2

Michigan State University

East Lansing, Michigan
$47,302 Average Earnings
$24,447 Avg Student Debt

The excellent programs at Michigan State University helped the school earn the #2 place on this year’s ranking of the best business schools in Michigan.

By the time they get their degree, students from this school have racked up an average of $24,447 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $428. Once they receive their degree, Michigan State graduates enter the workforce, making an average salary of $47,302 during the early year of their career.

Read full report on Michigan State University

#3

Macomb Community College

Warren, Michigan
$36,546 Average Earnings
$11,351 Avg Student Debt

A rank of #3 on this year’s list means Macomb Community College is a great place for business students.

By the time they get their degree, students from this school have racked up an average of $11,351 in student loans.After graduating from Macomb Community College, students go on to jobs where they make an average of $36,546 during the early years of their career.

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#4

Calvin University

Grand Rapids, Michigan
$38,043 Average Earnings
$19,374 Avg Student Debt

The excellent programs at Calvin University helped the school earn the #4 place on this year’s ranking of the best business schools in Michigan.

By the time they get their degree, students from this school have racked up an average of $19,374 in student loans. Once they receive their degree, Calvin graduates enter the workforce, making an average salary of $38,043 during the early year of their career.

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#5

Grand Valley State University

Allendale, Michigan
$43,501 Average Earnings
$25,527 Avg Student Debt

You’ll join some of the best and brightest minds around you if you attend Grand Valley State University. The school came in at #5 on this year’s list.

On average, students take out $25,527 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $243. Once they receive their degree, GVSU graduates enter the workforce, making an average salary of $43,501 during the early year of their career.

Read full report on Grand Valley State University

#6

Oakland University

Rochester Hills, Michigan
$50,418 Average Earnings
$26,781 Avg Student Debt

Oakland University landed the #6 spot in the rankings for the best business programs.

By the time they get their degree, students from this school have racked up an average of $26,781 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $174, assuming you are on a 10-year repayment plan.After graduating from Oakland, students go on to jobs where they make an average of $50,418 during the early years of their career.

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#7

Lawrence Technological University

Southfield, Michigan
$68,765 Average Earnings
$31,320 Avg Student Debt

Lawrence Technological University did quite well in this year’s ranking of the best places for business students. It came in at #7 on the list.

Degree recipients from Lawrence Tech accumulate an average of $31,320 in student debt by the time they complete their degree. For those students on a 10-year repayment plan, the average payment due each month is around $385.After graduating from Lawrence Tech, students go on to jobs where they make an average of $68,765 during the early years of their career.

Full Lawrence Technological University Report

#8

Washtenaw Community College

Ann Arbor, Michigan
$36,288 Average Earnings
$20,323 Avg Student Debt

With a ranking of #8, Washtenaw Community College did quite well on this year’s best schools for business students working.

Degree recipients from Washtenaw Community College accumulate an average of $20,323 in student debt by the time they complete their degree. Once they receive their degree, Washtenaw Community College graduates enter the workforce, making an average salary of $36,288 during the early year of their career.

Full Washtenaw Community College Report

#9

Michigan Technological University

Houghton, Michigan
$60,470 Average Earnings
$24,749 Avg Student Debt

Michigan Technological University landed the #9 spot in the rankings for the best business programs.

By the time they get their degree, students from this school have racked up an average of $24,749 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $294, assuming you are on a 10-year repayment plan. During the early years of their career, Michigan Tech graduates make an average of $60,470 annually.

Read full report on Michigan Technological University

#10

Lansing Community College

Lansing, Michigan
$45,008 Average Earnings
$18,287 Avg Student Debt

Lansing Community College came in at #10 in this year’s edition of the ranking.

By the time they get their degree, students from this school have racked up an average of $18,287 in student loans. Once they receive their degree, LCC graduates enter the workforce, making an average salary of $45,008 during the early year of their career.

Read full report on Lansing Community College

#11

Central Michigan University

Mount Pleasant, Michigan
$45,509 Average Earnings
$29,288 Avg Student Debt

With a ranking of #11, Central Michigan University did quite well on this year’s best schools for business students working.

By the time they get their degree, students from this school have racked up an average of $29,288 in student loans. Those who take out this much in loans have to make a monthly payment of about $251 if they are on a 10-year repayment plan.After graduating from Central Michigan, students go on to jobs where they make an average of $45,509 during the early years of their career.

Full Central Michigan University Report

#12

Grand Rapids Community College

Grand Rapids, Michigan
$35,054 Average Earnings
$15,385 Avg Student Debt

Grand Rapids Community College did quite well in this year’s ranking of the best places for business students. It came in at #12 on the list.

On average, students take out $15,385 in loans while pursuing their degree. Once they receive their degree, Grand Rapids Community College graduates enter the workforce, making an average salary of $35,054 during the early year of their career.

Full Grand Rapids Community College Report

#13

Western Michigan University

Kalamazoo, Michigan
$43,765 Average Earnings
$27,986 Avg Student Debt

Western Michigan University did quite well in this year’s ranking of the best places for business students. It came in at #13 on the list.

On average, students take out $27,986 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $269. During the early years of their career, WMU graduates make an average of $43,765 annually.

Read More…

#14

Schoolcraft College

Livonia, Michigan
$30,604 Average Earnings
$18,481 Avg Student Debt

Schoolcraft College came in at #14 in this year’s edition of the ranking.

By the time they get their degree, students from this school have racked up an average of $18,481 in student loans. Once they receive their degree, Schoolcraft College graduates enter the workforce, making an average salary of $30,604 during the early year of their career.

Full Schoolcraft College Report

#15

University of Michigan - Dearborn

Dearborn, Michigan
$53,986 Average Earnings
$28,473 Avg Student Debt

University of Michigan - Dearborn came in at #15 in this year’s edition of the ranking.

On average, students take out $28,473 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $213. During the early years of their career, UM Dearborn graduates make an average of $53,986 annually.

Read full report on University of Michigan - Dearborn

#16

Adrian College

Adrian, Michigan
$34,245 Average Earnings

Adrian College ranked #16 on this year’s list.

Those who take out this much in loans have to make a monthly payment of about $479 if they are on a 10-year repayment plan.After graduating from Adrian, students go on to jobs where they make an average of $34,245 during the early years of their career.

Full Adrian College Report

#17

Albion College

Albion, Michigan
$37,698 Average Earnings

Albion College ranked #17 on this year’s list.

If you borrow this amount, expect your monthly student loan payment to be around $529, assuming you are on a 10-year repayment plan.After graduating from Albion, students go on to jobs where they make an average of $37,698 during the early years of their career.

Read More…

#18

University of Detroit Mercy

Detroit, Michigan
$64,174 Average Earnings
$32,785 Avg Student Debt

University of Detroit Mercy landed the #18 spot in the rankings for the best business programs.

On average, students take out $32,785 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $316. Once they receive their degree, Detroit Mercy graduates enter the workforce, making an average salary of $64,174 during the early year of their career.

Full University of Detroit Mercy Report

#19

Baker College

Owosso, Michigan
$41,022 Average Earnings
$30,021 Avg Student Debt

Baker College came in at #19 in this year’s edition of the ranking.

Degree recipients from Baker College accumulate an average of $30,021 in student debt by the time they complete their degree. For those students on a 10-year repayment plan, the average payment due each month is around $86. During the early years of their career, Baker College graduates make an average of $41,022 annually.

Full Baker College Report

#20

Oakland Community College

Bloomfield Hills, Michigan
$38,470 Average Earnings
$19,359 Avg Student Debt

With a ranking of #20, Oakland Community College did quite well on this year’s best schools for business students working.

On average, students take out $19,359 in loans while pursuing their degree. During the early years of their career, Oakland Community College graduates make an average of $38,470 annually.

Full Oakland Community College Report

#21

Ferris State University

Big Rapids, Michigan
$47,887 Average Earnings
$25,330 Avg Student Debt

Ferris State University came in at #21 in this year’s edition of the ranking.

On average, students take out $25,330 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $189, assuming you are on a 10-year repayment plan. During the early years of their career, Ferris graduates make an average of $47,887 annually.

Full Ferris State University Report

#22

Aquinas College Michigan

Grand Rapids, Michigan
$37,135 Average Earnings
$26,119 Avg Student Debt

Aquinas College Michigan ranked #22 on this year’s list.

Degree recipients from Aquinas College Michigan accumulate an average of $26,119 in student debt by the time they complete their degree. Once they receive their degree, Aquinas College Michigan graduates enter the workforce, making an average salary of $37,135 during the early year of their career.

Read full report on Aquinas College Michigan

#23

Wayne State University

Detroit, Michigan
$48,414 Average Earnings
$28,531 Avg Student Debt

Wayne State University came in at #23 in this year’s edition of the ranking.

Degree recipients from Wayne State accumulate an average of $28,531 in student debt by the time they complete their degree. If you borrow this amount, expect your monthly student loan payment to be around $173, assuming you are on a 10-year repayment plan. During the early years of their career, Wayne State graduates make an average of $48,414 annually.

Read full report on Wayne State University

#24

Madonna University

Livonia, Michigan
$45,638 Average Earnings
$30,543 Avg Student Debt

Madonna University landed the #24 spot in the rankings for the best business programs.

Degree recipients from Madonna accumulate an average of $30,543 in student debt by the time they complete their degree. For those students on a 10-year repayment plan, the average payment due each month is around $260. During the early years of their career, Madonna graduates make an average of $45,638 annually.

Read More…

#25

Jackson College

Jackson, Michigan
$39,282 Average Earnings
$18,947 Avg Student Debt

Jackson College ranked #25 on this year’s list.

On average, students take out $18,947 in loans while pursuing their degree. Once they receive their degree, Jackson College graduates enter the workforce, making an average salary of $39,282 during the early year of their career.

Read More…

Notes and References

Footnotes

*These averages are for the top 25 schools only.

References

  • 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 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).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

More about our data sources and methodologies.

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