2022 Best Value Bachelor’s Degree Colleges for Finance in Michigan
With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Finance Schools for a Bachelor’s in Michigan” ranking is one tool we have developed to help in this regard.
Finance is one of the most popular majors in the nation, ranking 10th of all the majors we analyze. In 2019-2020, 52,394 degrees were awarded to students with this major.
Across Michigan, there were 1,674 finance graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 1,558 finance graduates with average earnings and debt of $40,161 and $25,915 respectively.
This year’s “Best Value Finance Schools for a Bachelor’s in Michigan” ranking looked at 25 colleges that offer degrees in a bachelor’s in finance. This ranking identifies schools with high-quality finance programs that also have a lower cost than schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the finance program at the school. Check out our ranking methodology for more information.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Finance Schools for a Bachelor’s in Michigan” list, to help you choose the best school for you.
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Best Value Finance Schools for a Bachelor’s in Michigan
The colleges and universities below are the best for michigan bachelor’s degree finance students.
Top 25 Best Value Bachelor’s Degree Colleges for Finance in Michigan
You’ll be in good company if you decide to attend Michigan State University. It ranked #1 on our 2022 Best Value Finance Schools for a Bachelor’s in Michigan list. Michigan State University is a large school located in East Lansing, Michigan that handed out 376 bachelors’s finance degrees in 2019-2020.
Michigan State also took the #1 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Michigan State is $19,173 for michigan bachelor’s degree finance students.
With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Grand Valley State University. The school came in at #2 for the Best Value Finance Schools for a Bachelor’s in Michigan. GVSU is a large school located in Allendale, Michigan that handed out 271 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at GVSU, the school also landed the #2 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Grand Valley State University is $17,646 for michigan bachelor’s degree finance students.
The low student loan default rate of 3.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Out of the 25 schools in the Best Value Finance Schools for a Bachelor’s in Michigan that were part of this year’s ranking, Western Michigan University landed the #3 spot on the list. Located in Kalamazoo, Michigan, this fairly large public school handed out 127 degrees to qualified bachelors’s finance students in 2019-2020.
WMU not only placed well in this ranking. It is also #6 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. It costs about $19,433 for Michigan Bachelor’s Degree Finance students per year to attend Western Michigan University.
You’ll join some of the best and brightest minds around if you attend University of Michigan - Dearborn. The school came in at #4 for the Best Value Finance Schools for a Bachelor’s in Michigan. University of Michigan - Dearborn is a medium-sized public school situated in Dearborn, Michigan. It awarded 74 bachelors’s finance degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students list, UM Dearborn has also earned the #9 rank in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for UM Dearborn is $11,473 for michigan bachelor’s degree finance students.
The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
Out of the 25 schools in the Best Value Finance Schools for a Bachelor’s in Michigan that were part of this year’s ranking, Central Michigan University landed the #5 spot on the list. Central Michigan is a fairly large public school situated in Mount Pleasant, Michigan. It awarded 90 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Central Michigan, the school also landed the #7 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Central Michigan is $15,981 for michigan bachelor’s degree finance students.
Oakland University landed the #6 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking. This fairly large school is located in Rochester Hills, Michigan, and it awarded 99 bachelors’s finance degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students list, Oakland has also earned the #5 rank in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $11,802 for michigan bachelor’s degree finance students per year to attend Oakland University.
Michigan Technological University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking, coming in at #7. Michigan Tech is a public institution located in Houghton, Michigan. The school has a medium-sized population, and it awarded 19 bachelors’s degrees in 2019-2020.
Michigan Tech also took the #4 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Michigan Tech is $16,463 for Michigan Bachelor’s Degree Finance students.
The school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Saginaw Valley State University came in at #8 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan ranking. Saginaw Valley State University is located in University Center, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 46 bachelors’s finance degrees to qualified students.
Saginaw Valley State University also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #17. The yearly cost to attend Saginaw Valley State University is $14,248 for michigan bachelor’s degree finance students.
Wayne State University landed the #9 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking. This large school is located in Detroit, Michigan, and it awarded 140 bachelors’s finance degrees in 2019-2020.
Wayne State also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #13. It costs about $13,965 for Michigan Bachelor’s Degree Finance students per year to attend Wayne State University.
Ferris State University came in at #10 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan ranking. Big Rapids, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s finance degrees to 10 students in 2019-2020.
Ferris also took the #15 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Ferris is $12,889 for michigan bachelor’s degree finance students.
Walsh College ranked #11 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan list. This small school is located in Troy, Michigan, and it awarded 36 bachelors’s finance degrees in 2019-2020.
Walsh did well in our major quality rankings, too. It placed #16 on our “Best Finance Bachelor’s Degree Schools in Michigan” list.
The school has an impressive student loan default rate. It’s only 1.9%, which is much lower than the national rate of 10.1%.
With a ranking of #12, University of Michigan - Flint did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan list. This medium-sized school is located in Flint, Michigan, and it awarded 33 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at UM Flint, the school also landed the #19 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend University of Michigan - Flint is $12,734 for michigan bachelor’s degree finance students.
Read full report on Finance at University of Michigan - Flint
Lake Superior State University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking, coming in at #13. Located in Sault Ste Marie, Michigan, this small public school awarded 10 diplomas to qualified bachelors’s finance students in 2019-2020.
Lake Superior State University not only placed well in this ranking. It is also #21 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. It costs about $12,398 for Michigan Bachelor’s Degree Finance students per year to attend Lake Superior State University.
Read full report on Finance at Lake Superior State University
Baker College came in at #14 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan ranking. Baker College is a medium-sized school located in Owosso, Michigan that handed out 14 bachelors’s finance degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students list, Baker College has also earned the #25 rank in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $15,049 for michigan bachelor’s degree finance students per year to attend Baker College.
With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Eastern Michigan University landed the #15 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking. Eastern Michigan University is located in Ypsilanti, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 54 bachelors’s finance degrees to qualified students.
Eastern Michigan not only placed well in this ranking. It is also #20 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. It costs about $15,924 for michigan bachelor’s degree finance students per year to attend Eastern Michigan University.
With a ranking of #16, Northwood University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan list. Northwood is a small private not-for-profit school situated in Midland, Michigan. It awarded 58 bachelors’s finance degrees in 2019-2020.
Northwood also took the #8 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Northwood is $21,618 for Michigan Bachelor’s Degree Finance students.
With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Davenport University ranked #17 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan list. Davenport University is located in Grand Rapids, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 30 bachelors’s finance degrees to qualified students.
Davenport University not only placed well in this ranking. It is also #24 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Davenport University is $16,098 for Michigan Bachelor’s Degree Finance students.
Cornerstone University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking, coming in at #18. Located in Grand Rapids, Michigan, this small private not-for-profit school awarded 4 diplomas to qualified bachelors’s finance students in 2019-2020.
Cornerstone did well in our major quality rankings, too. It placed #23 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Cornerstone University is $20,740 for Michigan Bachelor’s Degree Finance students.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Spring Arbor University came in at #19 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan ranking. Spring Arbor University is located in Spring Arbor, Michigan and, has a small student population. In 2019-2020, this school awarded 4 bachelors’s finance degrees to qualified students.
Spring Arbor did well in our major quality rankings, too. It placed #18 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. It costs about $19,183 for Michigan Bachelor’s Degree Finance students per year to attend Spring Arbor.
Andrews University came in at #20 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan ranking. Berrien Springs, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 7 students in 2019-2020.
Andrews not only placed well in this ranking. It is also #22 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Andrews is $21,934 for Michigan Bachelor’s Degree Finance students.
The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 4.8% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
With a ranking of #21, Calvin University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan list. Located in Grand Rapids, Michigan, this small private not-for-profit school handed out 4 diplomas to qualified bachelors’s finance students in 2019-2020.
Calvin did well in our major quality rankings, too. It placed #3 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. It costs about $26,647 for Michigan Bachelor’s Degree Finance students per year to attend Calvin.
The school has an impressive student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Lawrence Technological University landed the #22 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking. Lawrence Technological University is a small private not-for-profit school situated in Southfield, Michigan. It awarded 2 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Lawrence Tech, the school also landed the #10 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Lawrence Tech is $32,721 for michigan bachelor’s degree finance students.
Adrian College landed the #23 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking. Adrian College is a private not-for-profit institution located in Adrian, Michigan. The school has a small population, and it awarded 6 bachelors’s degrees in 2019-2020.
Adrian also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #14. The estimated yearly cost for Adrian College is $26,101 for michigan bachelor’s degree finance students.
Alma College did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking, coming in at #24. Located in Alma, Michigan, this small private not-for-profit school awarded 9 degrees to qualified bachelors’s finance students in 2019-2020.
Alma also took the #12 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $22,449 for michigan bachelor’s degree finance students per year to attend Alma.
Albion College came in at #25 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan ranking. Located in Albion, Michigan, this small private not-for-profit school awarded 19 degrees to qualified bachelors’s finance students in 2019-2020.
Albion also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #11. The estimated yearly cost for Albion is $16,653 for michigan bachelor’s degree finance students.
- Best Value Bachelor’s Degree Colleges for Finance in the Great Lakes Region
- Best Value Bachelor’s Degree Colleges for Finance
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Notes and References
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%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
Credits
- Credit for the banner image above goes to Dave Dugdale.
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