2022 Best Value Bachelor’s Degree Colleges for Finance & Financial Management (Income $0-$30k) in Michigan
When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k” ranking - to help you make that decision.
Finance & Financial Management is the 14th most popular major in the country with 57,893 degrees awarded in 2019-2020. In 2017-2018, finance and financial management graduates who were awarded their degree in 2015-2017, earned an average of $51,578 and had an average of $26,517 in loans still to pay off.
Across Michigan, there were 1,729 finance and financial management graduates with average earnings and debt of $47,200 and $26,061 respectively. At the bachelor’s degree level specifically, there were 1,600 finance and financial management 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 For Those Making $0-$30k” ranking looked at 26 colleges that offer degrees in a bachelor’s in finance and financial management. The schools that top this list are recognized because they have great finance and financial management programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the finance and financial management program at the school and the cost to attend the school once aid has been awarded. 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 For Those Making $0-$30k” list, to help you choose the best school for you.
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Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k
The colleges and universities below are the best for michigan bachelor’s degree finance students whose families make $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Finance & Financial Management (Income $0-$30k) in Michigan
You’ll join some of the best and brightest minds around if you attend Michigan State University. The school came in at #1 for the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k. Michigan State is a large school located in East Lansing, Michigan that handed out 376 bachelors’s finance degrees in 2019-2020.
Michigan State not only placed well in this ranking. It is also #1 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Michigan State is $6,686 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The low student loan default rate of 3.6% 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%.
Read full report on Finance & Financial Management at Michigan State
You’ll join some of the best and brightest minds around if you attend Michigan Technological University. The school came in at #2 for the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k. Michigan Tech is a medium-sized public school situated in Houghton, Michigan. It awarded 19 bachelors’s finance degrees in 2019-2020.
Michigan Tech did well in our major quality rankings, too. It placed #4 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. It costs about $8,295 for michigan bachelor’s degree finance students whose families make $0-$30k per year to attend Michigan Technological University.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The low student loan default rate of 2.3% 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%.
Read more about Finance & Financial Management at Michigan Tech
You’ll join some of the best and brightest minds around if you attend Grand Valley State University. The school came in at #3 for the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k. Grand Valley State University is located in Allendale, Michigan and, has a large student population. In 2019-2020, this school awarded 271 bachelors’s finance degrees to qualified students.
GVSU also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list, coming in at #2. It costs about $11,578 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k per year to attend Grand Valley State University.
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%.
You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #4 for the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k. Oakland University is a fairly large school located in Rochester Hills, Michigan that handed out 99 bachelors’s finance degrees in 2019-2020.
Oakland also took the #5 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $7,490 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k per year to attend Oakland.
You’ll join some of the best and brightest minds around if you attend Ferris State University. The school came in at #5 for the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k. Ferris State University is located in Big Rapids, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 10 bachelors’s finance degrees to qualified students.
Ferris not only placed well in this ranking. It is also #15 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Ferris State University is $7,207 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
Read more about Finance & Financial Management at Ferris State University
University of Michigan - Dearborn ranked #6 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. University of Michigan - Dearborn is a medium-sized school located in Dearborn, Michigan that handed out 74 bachelors’s finance degrees in 2019-2020.
UM Dearborn did well in our major quality rankings, too. It placed #9 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for UM Dearborn is $6,751 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
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%.
Read full report on Finance & Financial Management at University of Michigan - Dearborn
With a ranking of #7, University of Michigan - Flint did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Flint, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s finance degrees to 33 students in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students whose families make $0-$30k list, UM Flint has also earned the #19 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend UM Flint is $7,955 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
Read full report on Finance & Financial Management at University of Michigan - Flint
Central Michigan University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking, coming in at #8. Central Michigan is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 97 bachelors’s degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students whose families make $0-$30k list, Central Michigan has also earned the #7 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Central Michigan University is $11,598 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
Full Central Michigan University Finance & Financial Management Report
Lake Superior State University came in at #9 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Lake Superior State University is located in Sault Ste Marie, Michigan and, has a small student population. In 2019-2020, this school awarded 10 bachelors’s finance degrees to qualified students.
Lake Superior State University also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list, coming in at #21. The yearly cost to attend Lake Superior State University is $7,067 for michigan bachelor’s degree finance students whose families make $0-$30k.
Full Lake Superior State University Finance & Financial Management Report
Albion College landed the #10 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Albion is a private not-for-profit institution located in Albion, Michigan. The school has a small population, and it awarded 19 bachelors’s degrees in 2019-2020.
Albion also took the #11 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Albion is $12,032 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
Read full report on Finance & Financial Management at Albion
Wayne State University came in at #11 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Wayne State is a large school located in Detroit, Michigan that handed out 140 bachelors’s finance degrees in 2019-2020.
Wayne State not only placed well in this ranking. It is also #13 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Wayne State is $11,413 for michigan bachelor’s degree finance students whose families make $0-$30k.
Full Wayne State University Finance & Financial Management Report
With a ranking of #12, Saginaw Valley State University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Saginaw Valley State University is a medium-sized public school situated in University Center, Michigan. It awarded 46 bachelors’s finance degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students whose families make $0-$30k list, Saginaw Valley State University has also earned the #17 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $10,522 for michigan bachelor’s degree finance students whose families make $0-$30k per year to attend Saginaw Valley State University.
Full Saginaw Valley State University Finance & Financial Management Report
With a ranking of #13, Western Michigan University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Western Michigan University is located in Kalamazoo, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 140 bachelors’s finance degrees to qualified students.
WMU also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list, coming in at #6. The estimated yearly cost for Western Michigan University is $13,021 for michigan bachelor’s degree finance students whose families make $0-$30k.
Full Western Michigan University Finance & Financial Management Report
Northern Michigan University ranked #14 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Marquette, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s finance degrees to 17 students in 2019-2020.
Northern Michigan University also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list, coming in at #23. The yearly cost to attend Northern Michigan University is $9,137 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
Full Northern Michigan University Finance & Financial Management Report
Eastern Michigan University ranked #15 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s finance degrees to 54 students in 2019-2020.
Eastern Michigan not only placed well in this ranking. It is also #20 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Eastern Michigan is $13,904 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
Read more about Finance & Financial Management at Eastern Michigan University
Northwood University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking, coming in at #16. Midland, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 58 students in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students whose families make $0-$30k list, Northwood has also earned the #8 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $14,573 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k per year to attend Northwood.
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.
Read more about Finance & Financial Management at Northwood University
Baker College came in at #17 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Baker College is a medium-sized school located in Owosso, Michigan that handed out 14 bachelors’s finance degrees in 2019-2020.
The yearly cost to attend Baker College is $13,376 for michigan bachelor’s degree finance students whose families make $0-$30k.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Spring Arbor University came in at #18 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Spring Arbor University is a small school located in Spring Arbor, Michigan that handed out 4 bachelors’s finance degrees in 2019-2020.
Spring Arbor also took the #18 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $14,962 for michigan bachelor’s degree finance students whose families make $0-$30k per year to attend Spring Arbor University.
Read full report on Finance & Financial Management at Spring Arbor University
Calvin University landed the #19 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Calvin is located in Grand Rapids, Michigan and, has a small student population. In 2019-2020, this school awarded 4 bachelors’s finance degrees to qualified students.
Calvin did well in our major quality rankings, too. It placed #3 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. It costs about $21,344 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k per year to attend Calvin.
The student loan default rate at the school is 1.6%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Read full report on Finance & Financial Management at Calvin University
With a ranking of #20, Alma College did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Alma College is a small school located in Alma, Michigan that handed out 9 bachelors’s finance degrees in 2019-2020.
Alma did well in our major quality rankings, too. It placed #12 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Alma College is $18,060 for michigan bachelor’s degree finance students whose families make $0-$30k.
Read full report on Finance & Financial Management at Alma College
With a ranking of #21, Cornerstone University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. This small school is located in Grand Rapids, Michigan, and it awarded 4 bachelors’s finance degrees in 2019-2020.
Cornerstone also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list, coming in at #24. It costs about $18,169 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k per year to attend Cornerstone University.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Read more about Finance & Financial Management at Cornerstone University
With a ranking of #22, Davenport University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Davenport University is a medium-sized private not-for-profit school situated in Grand Rapids, Michigan. It awarded 30 bachelors’s finance degrees in 2019-2020.
Davenport University not only placed well in this ranking. It is also #25 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. It costs about $15,751 for michigan bachelor’s degree finance students whose families make $0-$30k per year to attend Davenport University.
Full Davenport University Finance & Financial Management Report
Andrews University came in at #23 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Andrews is located in Berrien Springs, Michigan and, has a small student population. In 2019-2020, this school awarded 7 bachelors’s finance degrees to qualified students.
Andrews also took the #22 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Andrews is $16,868 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
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. Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The school has an impressive student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%.
Read full report on Finance & Financial Management at Andrews
Adrian College came in at #24 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. This small school is located in Adrian, Michigan, and it awarded 6 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Adrian, the school also landed the #14 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Adrian College is $24,964 for Michigan Bachelor’s Degree Finance students whose families make $0-$30k.
Olivet College landed the #25 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Olivet College is a private not-for-profit institution located in Olivet, Michigan. The school has a small population, and it awarded 5 bachelors’s degrees in 2019-2020.
It costs about $20,867 for michigan bachelor’s degree finance students whose families make $0-$30k per year to attend Olivet.
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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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