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 analysis found Michigan State University to be the most popular school for business students in Michigan. Michigan State is a large public school situated in East Lansing, Michigan. It awarded 3,382 degrees in 2020-2021.
On average, students take out $24,447 in loans while pursuing their degree. 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. Around 42% of those degree recipients were women.
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #2 on our 2023 Most Popular Business Schools in Michigan list. U-M is a large public school situated in Ann Arbor, Michigan. It awarded 2,419 degrees in 2020-2021.
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. During the early years of their career, U-M graduates make an average of $58,051 annually. Of those students who received their degree, 39% 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.
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. 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. GVSU is located in Allendale, Michigan and has a large student population. In 2020-2021, this school awarded 1,734 degrees to qualified students.
Degree recipients from GVSU accumulate an average of $25,527 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 $243. During the early years of their career, GVSU graduates make an average of $43,501 annually. Of those students who received their degree, 49% were women.
Out of the 76 schools in Michigan that were part of this year’s ranking, Wayne State University landed the # 5 spot on the list. Wayne State is located in Detroit, Michigan and has a large student population. In 2020-2021, this school awarded 1,617 degrees to qualified students.
By the time they get their degree, students from this school have racked up an average of $28,531 in student loans. 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. Of those students who received their degree, 47% were women.
Western Michigan University came in at #6 in this year’s edition of the Most Popular Business Schools in Michigan ranking. WMU is located in Kalamazoo, Michigan and has a fairly large student population. In 2020-2021, this school awarded 1,122 degrees to qualified students.
On average, students take out $27,986 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $269 if they are on a 10-year repayment plan. Once they receive their degree, WMU graduates enter the workforce, making an average salary of $43,765 during the early year of their career. Of those students who received their degree, 42% were women.
Northwood University ranked #7 on this year’s Most Popular Business Schools in Michigan list. Northwood is located in Midland, Michigan and has a small student population. In 2020-2021, this school awarded 953 degrees to qualified students.
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. Around 50% of those degree recipients were women.
Oakland University did quite well in this year’s ranking of the most popular places for business students. It came in at #8 on the list. Oakland University is a fairly large public school located in Rochester Hills, Michigan that handed out 872 degrees in 2020-2021.
On average, students take out $26,781 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $174. During the early years of their career, Oakland graduates make an average of $50,418 annually. Of those students who received their degree, 51% were women.
Davenport University came in at #9 in this year’s edition of the Most Popular Business Schools in Michigan ranking. Located in Grand Rapids, Michigan, the medium-sized private not-for-profit school handed out 840 degrees in 2020-2021.
On average, students take out $33,211 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $189. Once they receive their degree, Davenport University graduates enter the workforce, making an average salary of $49,918 during the early year of their career. Around 57% of those degree recipients were women.
Eastern Michigan University landed the #10 spot in the 2023 rankings for the most popular business programs. Eastern Michigan University is a fairly large public school located in Ypsilanti, Michigan that handed out 836 degrees in 2020-2021.
Degree recipients from Eastern Michigan accumulate an average of $29,932 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 $160. During the early years of their career, Eastern Michigan graduates make an average of $43,401 annually. Around 47% of those degree recipients were women.
Ferris State University did quite well in this year’s ranking of the most popular places for business students. It came in at #11 on the list. Located in Big Rapids, Michigan, the fairly large public school handed out 686 degrees in 2020-2021.
Degree recipients from Ferris accumulate an average of $25,330 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. Once they receive their degree, Ferris graduates enter the workforce, making an average salary of $47,887 during the early year of their career. Of those students who received their degree, 47% were women.
Walsh College ranked #12 on this year’s Most Popular Business Schools in Michigan list. Located in Troy, Michigan, the small private not-for-profit school handed out 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. During the early years of their career, Walsh graduates make an average of $60,436 annually. Around 52% of those degree recipients were women.
University of Michigan - Dearborn came in at #13 in this year’s edition of the Most Popular Business Schools in Michigan ranking. UM Dearborn is located in Dearborn, Michigan and has a medium-sized student population. In 2020-2021, this school awarded 541 degrees to qualified students.
On average, students take out $28,473 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $213, assuming you are on a 10-year repayment plan.After graduating from UM Dearborn, students go on to jobs where they make an average of $53,986 during the early years of their career. Of those students who received their degree, 40% were women.
Baker College ranked #14 on this year’s Most Popular Business Schools in Michigan list. Baker College is a small private not-for-profit school located in Owosso, Michigan that handed out 496 degrees in 2020-2021.
On average, students take out $30,021 in loans while pursuing their degree. 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. Of those students who received their degree, 63% were women.
Washtenaw Community College landed the #15 spot in the 2023 rankings for the most popular business programs. Washtenaw Community College is a fairly large public school situated in Ann Arbor, Michigan. It awarded 427 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $20,323 in student loans. During the early years of their career, Washtenaw Community College graduates make an average of $36,288 annually. 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 located in Bloomfield Hills, Michigan and has a fairly large student population. In 2020-2021, this school awarded 316 degrees to qualified students.
On average, students take out $19,359 in loans while pursuing their degree. 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. Around 58% of those degree recipients were women.
Macomb Community College came in at #17 in this year’s edition of the Most Popular Business Schools in Michigan ranking. Macomb Community College is a fairly large public school situated in Warren, Michigan. It awarded 300 degrees in 2020-2021.
Degree recipients from Macomb Community College accumulate an average of $11,351 in student debt by the time they complete their degree. During the early years of their career, Macomb Community College graduates make an average of $36,546 annually. Of those students who received their degree, 60% 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 public institution located in University Center, Michigan. The school has a medium-sized population, and it awarded 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. Those who take out this much in loans have to make a monthly payment of about $179 if they are on a 10-year repayment plan. 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. Around 42% of those degree recipients were women.
University of Michigan - Flint did quite well in this year’s ranking of the most popular places for business students. It came in at #19 on the list. UM Flint is a medium-sized public school situated in Flint, Michigan. It awarded 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.
Northern Michigan University landed the #20 spot in the 2023 rankings for the most popular business programs. Located in Marquette, Michigan, the medium-sized public school awarded 276 diplomas to qualifed students in 2020-2021.
On average, students take out $23,035 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $205. Once they receive their degree, Northern Michigan University graduates enter the workforce, making an average salary of $33,476 during the early year of their career. Around 45% of those degree recipients were women.
Schoolcraft College came in at #21 in this year’s edition of the Most Popular Business Schools in Michigan ranking. Located in Livonia, Michigan, the medium-sized public school awarded 243 diplomas to qualifed 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. Of those students who received their degree, 53% 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. Located in Adrian, Michigan, the small private not-for-profit school awarded 206 diplomas to qualifed students in 2020-2021.
On average, students take out $28,551 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $227. Once they receive their degree, Siena Heights University graduates enter the workforce, making an average salary of $47,091 during the early year of their career. Around 58% of those degree recipients were women.
With a ranking of #24, Cleary University did quite well on this year’s most popular schools for business students working. Howell, Michigan is the setting for this very small institution of higher learning. The private not-for-profit school handed out degrees to 201 students in 2020-2021.
Degree recipients from Cleary College accumulate an average of $27,738 in student debt by the time they complete 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. Around 57% of those degree recipients were women.
Madonna University did quite well in this year’s ranking of the most popular places for business students. It came in at #25 on the list. Located in Livonia, Michigan, the small private not-for-profit school handed out 196 degrees in 2020-2021.
On average, students take out $30,543 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $260. Once they receive their degree, Madonna graduates enter the workforce, making an average salary of $45,638 during the early year of their career. Around 50% of those degree recipients 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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