2023 Most Popular Business Schools in Michigan
A business student has lots of options to pick from when considering higher education opportunities. 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. Alternatively, you may choose a trade school or bootcamp that prepares you to enter the workforce with knowledge in a specific field.
To help you arm yourself with the information you need to make your decision, Business Degree Central has developed this Most Popular Business Schools in Michigan ranking. Our analysis looked at 76 schools in Michigan to see which programs were the most popular for business students. To create this ranking we looked at how many students graduated from each school on the list.
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Most Popular Business Schools in Michigan
Learn more about these popular schools below:
Our 2023 rankings named Michigan State University the most popular school in Michigan for business students working on their degree. Located in East Lansing, Michigan, the large public school handed out 3,382 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $24,447 in student loans. Those who take out this much in loans have to make a monthly payment of about $428 if they are on a 10-year repayment plan. 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. Of those students who received their degree, 42% were women.
Out of the 76 schools in Michigan that were part of this year’s ranking, University of Michigan - Ann Arbor landed the # 2 spot on the list. Ann Arbor, Michigan is the setting for this large institution of higher learning. The public school handed out degrees to 2,419 students in 2020-2021.
On average, students take out $17,682 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $419. During the early years of their career, U-M graduates make an average of $58,051 annually. Around 39% of those degree recipients were women.
Out of the 76 schools in Michigan that were part of this year’s ranking, Central Michigan University landed the # 3 spot on the list. Mount Pleasant, Michigan is the setting for this fairly large institution of higher learning. The public school handed out degrees to 1,802 students in 2020-2021.
Degree recipients from Central Michigan accumulate an average of $29,288 in student debt by the time they complete their degree. 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. During the early years of their career, Central Michigan graduates make an average of $45,509 annually. Around 49% of those degree recipients were women.
Out of the 76 schools in Michigan that were part of this year’s ranking, Grand Valley State University landed the # 4 spot on the list. Grand Valley State University is a large public school located in Allendale, Michigan that handed out 1,734 degrees in 2020-2021.
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. Around 49% of those degree recipients were women.
You’ll be in good company if you decide to attend Wayne State University. It ranked #5 on our 2023 Most Popular Business Schools in Michigan list. Located in Detroit, Michigan, the large public school awarded 1,617 diplomas to qualifed students in 2020-2021.
Degree recipients from Wayne State accumulate an average of $28,531 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 $173.After graduating from Wayne State, students go on to jobs where they make an average of $48,414 during the early years of their career. Of those students who received their degree, 47% were women.
Western Michigan University landed the #6 spot in the 2023 rankings for the most popular business programs. This fairly large public school is located in Kalamazoo, Michigan, and it awarded 1,122 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $27,986 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $269, assuming you are on a 10-year repayment plan. During the early years of their career, WMU graduates make an average of $43,765 annually. Around 42% of those degree recipients were women.
Northwood University landed the #7 spot in the 2023 rankings for the most popular business programs. Midland, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out degrees to 953 students in 2020-2021.
Degree recipients from Northwood accumulate an average of $27,445 in student debt by the time they complete their degree. Those who take out this much in loans have to make a monthly payment of about $284 if they are on a 10-year repayment plan. Once they receive their degree, Northwood graduates enter the workforce, making an average salary of $46,505 during the early year of their career. Of those students who received their degree, 50% were women.
Oakland University came in at #8 in this year’s edition of the Most Popular Business Schools in Michigan ranking. Oakland is located in Rochester Hills, Michigan and has a fairly large student population. In 2020-2021, this school awarded 872 degrees to qualified students.
On average, students take out $26,781 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $174 if they 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. Of those students who received their degree, 51% were women.
Davenport University ranked #9 on this year’s Most Popular Business Schools in Michigan list. Davenport University is a private not-for-profit institution located in Grand Rapids, Michigan. The school has a medium-sized population, and it awarded 840 degrees in 2020-2021.
Degree recipients from Davenport University accumulate an average of $33,211 in student debt by the time they complete 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.After graduating from Davenport University, students go on to jobs where they make an average of $49,918 during the early years of their career. Around 57% of those degree recipients were women.
Eastern Michigan University did quite well in this year’s ranking of the most popular places for business students. It came in at #10 on the list. Located in Ypsilanti, Michigan, the fairly large public school awarded 836 diplomas to qualifed students in 2020-2021.
On average, students take out $29,932 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $160, assuming you are on a 10-year repayment plan. During the early years of their career, Eastern Michigan graduates make an average of $43,401 annually. Of those students who received their degree, 47% were women.
Ferris State University came in at #11 in this year’s edition of the Most Popular Business Schools in Michigan ranking. Ferris is located in Big Rapids, Michigan and has a fairly large student population. In 2020-2021, this school awarded 686 degrees to qualified students.
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. Around 47% of those degree recipients were women.
Walsh College came in at #12 in this year’s edition of the Most Popular Business Schools in Michigan ranking. This small private not-for-profit school is located in Troy, Michigan, and it awarded 603 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $22,166 in student loans. Once they receive their degree, Walsh graduates enter the workforce, making an average salary of $60,436 during the early year of their career. Around 52% of those degree recipients were women.
University of Michigan - Dearborn landed the #13 spot in the 2023 rankings for the most popular business programs. University of Michigan - Dearborn is a medium-sized public school located in Dearborn, Michigan that handed out 541 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $28,473 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $213, assuming you are on a 10-year repayment plan. During the early years of their career, UM Dearborn graduates make an average of $53,986 annually. Of those students who received their degree, 40% were women.
Baker College did quite well in this year’s ranking of the most popular places for business students. It came in at #14 on the list. Owosso, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out degrees to 496 students in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $30,021 in student loans. Those who take out this much in loans have to make a monthly payment of about $86 if they are on a 10-year repayment plan. During the early years of their career, Baker College graduates make an average of $41,022 annually. Around 63% of those degree recipients were women.
Washtenaw Community College ranked #15 on this year’s Most Popular Business Schools in Michigan list. Washtenaw Community College is a fairly large public school situated in Ann Arbor, Michigan. It awarded 427 degrees in 2020-2021.
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. Around 60% of those degree recipients were women.
Oakland Community College ranked #16 on this year’s Most Popular Business Schools in Michigan list. Oakland Community College is a fairly large public school situated in Bloomfield Hills, Michigan. It awarded 316 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $19,359 in student loans. Once they receive their degree, Oakland Community College graduates enter the workforce, making an average salary of $38,470 during the early year of their career. Of those students who received their degree, 58% were women.
With a ranking of #17, Macomb Community College did quite well on this year’s most popular schools for business students working. Macomb Community College is a fairly large public school located in Warren, Michigan that handed out 300 degrees in 2020-2021.
On average, students take out $11,351 in loans while pursuing their degree. During the early years of their career, Macomb Community College graduates make an average of $36,546 annually. Around 60% of those degree recipients were women.
With a ranking of #18, Saginaw Valley State University did quite well on this year’s most popular schools for business students working. Saginaw Valley State University is a medium-sized public school located in University Center, Michigan that handed out 286 degrees in 2020-2021.
Degree recipients from Saginaw Valley State University accumulate an average of $29,456 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 $179. Once they receive their degree, Saginaw Valley State University graduates enter the workforce, making an average salary of $42,305 during the early year of their career. Of those students who received their degree, 42% were women.
With a ranking of #19, University of Michigan - Flint did quite well on this year’s most popular schools for business students working. University of Michigan - Flint is a medium-sized public school located in Flint, Michigan that handed out 285 degrees in 2020-2021.
Degree recipients from UM Flint accumulate an average of $31,408 in student debt by the time they complete their degree.After graduating from UM Flint, students go on to jobs where they make an average of $46,976 during the early years of their career. Around 51% of those degree recipients were women.
With a ranking of #20, Northern Michigan University did quite well on this year’s most popular schools for business students working. Northern Michigan University is a medium-sized public school located in Marquette, Michigan that handed out 276 degrees in 2020-2021.
Degree recipients from Northern Michigan University accumulate an average of $23,035 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 $205. During the early years of their career, Northern Michigan University graduates make an average of $33,476 annually. Of those students who received their degree, 45% were women.
Schoolcraft College came in at #21 in this year’s edition of the Most Popular Business Schools in Michigan ranking. Livonia, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out degrees to 243 students in 2020-2021.
Degree recipients from Schoolcraft College accumulate an average of $18,481 in student debt by the time they complete their degree. During the early years of their career, Schoolcraft College graduates make an average of $30,604 annually. Around 53% of those degree recipients were women.
Henry Ford College landed the #22 spot in the 2023 rankings for the most popular business programs. This fairly large public school is located in Dearborn, Michigan, and it awarded 242 degrees in 2020-2021.
On average, students take out $24,475 in loans while pursuing their degree. Once they receive their degree, Henry Ford College graduates enter the workforce, making an average salary of $38,713 during the early year of their career. Around 57% of those degree recipients were women.
With a ranking of #23, Siena Heights University did quite well on this year’s most popular schools for business students working. Siena Heights University is a private not-for-profit institution located in Adrian, Michigan. The school has a small population, and it awarded 206 degrees in 2020-2021.
On average, students take out $28,551 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $227, assuming you are on a 10-year repayment plan. During the early years of their career, Siena Heights University graduates make an average of $47,091 annually. Of those students who received their degree, 58% were women.
With a ranking of #24, Cleary University did quite well on this year’s most popular schools for business students working. Cleary College is a private not-for-profit institution located in Howell, Michigan. The school has a very small population, and it awarded 201 degrees in 2020-2021.
On average, students take out $27,738 in loans while pursuing their degree.After graduating from Cleary College, students go on to jobs where they make an average of $60,473 during the early years of their career. Of those students who received their degree, 57% were women.
Madonna University came in at #25 in this year’s edition of the Most Popular Business Schools in Michigan ranking. Madonna is a small private not-for-profit school situated in Livonia, Michigan. It awarded 196 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $30,543 in student loans. Those who take out this much in loans have to make a monthly payment of about $260 if they are on a 10-year repayment plan. Once they receive their degree, Madonna graduates enter the workforce, making an average salary of $45,638 during the early year of their career. Of those students who received their degree, 50% were women.
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Notes and References
Footnotes
*These averages are for the top 25 schools only.
References
- 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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