2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k
When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k” ranking.
In 2019-2020, 57,893 people earned their degree in finance and financial management, making the major the 14th most popular in the United States. 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 $30-$48k” ranking looked at 26 colleges that offer degrees in a bachelor’s in finance and financial management. This ranking identifies schools with high-quality finance and financial management programs that also have a lower cost than schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the finance and financial management program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k” list to help you make the college decision.
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Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k
The following schools top our list of the Best Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k.
Top 25 Best Value Bachelor’s Degree Colleges for Finance & Financial Management (Income $30-$48k) in Michigan
Out of the 26 schools in the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Michigan Technological University landed the #1 spot on the list. Houghton, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s finance degrees to 19 students in 2019-2020.
Michigan Tech not only placed well in this ranking. It is also #4 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. It costs about $9,049 for michigan bachelor’s degree finance students whose families make $30-$48k 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 school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%.
Read full report on Finance & Financial Management at Michigan Technological University
Out of the 26 schools in the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Oakland University landed the #2 spot on the list. Located in Rochester Hills, Michigan, this fairly large public school awarded 99 degrees to qualified bachelors’s finance students in 2019-2020.
Oakland not only placed well in this ranking. It is also #5 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Oakland is $7,751 for michigan bachelor’s degree finance students whose families make $30-$48k.
Read full report on Finance & Financial Management at Oakland
You’ll be in good company if you decide to attend Grand Valley State University. It ranked #3 on our 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. This large school is located in Allendale, Michigan, and it awarded 271 bachelors’s finance degrees in 2019-2020.
GVSU also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list, coming in at #2. The yearly cost to attend GVSU is $12,459 for michigan bachelor’s degree finance students whose families make $30-$48k.
The student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.
Out of the 26 schools in the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Michigan State University landed the #4 spot on the list. This large school is located in East Lansing, Michigan, and it awarded 376 bachelors’s finance degrees in 2019-2020.
Michigan State did well in our major quality rankings, too. It placed #1 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Michigan State is $15,197 for Michigan Bachelor’s Degree Finance students whose families make $30-$48k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.
Read more about Finance & Financial Management at Michigan State University
You’ll join some of the best and brightest minds around if you attend University of Michigan - Dearborn. The school came in at #5 for the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k. UM Dearborn is a public institution located in Dearborn, Michigan. The school has a medium-sized population, and it awarded 74 bachelors’s degrees in 2019-2020.
UM Dearborn also took the #9 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend UM Dearborn is $8,057 for michigan bachelor’s degree finance students whose families make $30-$48k.
The low student loan default rate of 4.5% 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 UM Dearborn
With a ranking of #6, University of Michigan - Flint did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. UM Flint is located in Flint, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 33 bachelors’s finance degrees to qualified students.
UM Flint also took the #19 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend University of Michigan - Flint is $9,512 for michigan bachelor’s degree finance students whose families make $30-$48k.
Ferris State University came in at #7 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. This fairly large school is located in Big Rapids, Michigan, and it awarded 10 bachelors’s finance degrees in 2019-2020.
Ferris also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list, coming in at #15. The estimated yearly cost for Ferris is $10,521 for Michigan Bachelor’s Degree Finance students whose families make $30-$48k.
Read full report on Finance & Financial Management at Ferris State University
With a ranking of #8, Central Michigan University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Central Michigan University is located in Mount Pleasant, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 97 bachelors’s finance degrees to qualified students.
As a testament to the quality of education offered at Central Michigan, the school also landed the #7 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $12,127 for michigan bachelor’s degree finance students whose families make $30-$48k per year to attend Central Michigan.
Read full report on Finance & Financial Management at Central Michigan University
Wayne State University ranked #9 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Wayne State is located in Detroit, Michigan and, has a large student population. In 2019-2020, this school awarded 140 bachelors’s finance degrees to qualified students.
Wayne State also took the #13 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Wayne State University is $11,554 for michigan bachelor’s degree finance students whose families make $30-$48k.
Read more about Finance & Financial Management at Wayne State
Albion College came in at #10 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Albion, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 19 students in 2019-2020.
Albion not only placed well in this ranking. It is also #11 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. It costs about $12,541 for michigan bachelor’s degree finance students whose families make $30-$48k per year to attend Albion.
With a ranking of #11, Lake Superior State University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Sault Ste Marie, Michigan is the setting for this small institution of higher learning. The public school handed out bachelors’s finance degrees to 10 students in 2019-2020.
As a testament to the quality of education offered at Lake Superior State University, the school also landed the #21 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $9,640 for michigan bachelor’s degree finance students whose families make $30-$48k per year to attend Lake Superior State University.
Read more about Finance & Financial Management at Lake Superior State University
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 $30-$48k list. University Center, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s finance degrees to 46 students in 2019-2020.
Saginaw Valley State University not only placed well in this ranking. It is also #17 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Saginaw Valley State University is $11,734 for michigan bachelor’s degree finance students whose families make $30-$48k.
Read full report on Finance & Financial Management at Saginaw Valley State University
With a ranking of #13, Northern Michigan University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Northern Michigan University is a medium-sized school located in Marquette, Michigan that handed out 17 bachelors’s finance degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students whose families make $30-$48k list, Northern Michigan University has also earned the #23 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Northern Michigan University is $11,723 for michigan bachelor’s degree finance students whose families make $30-$48k.
Full Northern Michigan University Finance & Financial Management Report
Western Michigan University came in at #14 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. WMU is a fairly large public school situated in Kalamazoo, Michigan. It awarded 140 bachelors’s finance degrees in 2019-2020.
WMU not only placed well in this ranking. It is also #6 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Western Michigan University is $15,276 for Michigan Bachelor’s Degree Finance students whose families make $30-$48k.
Northwood University came in at #15 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Northwood University is a private not-for-profit institution located in Midland, Michigan. The school has a small population, and it awarded 58 bachelors’s degrees in 2019-2020.
Northwood not only placed well in this ranking. It is also #8 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Northwood is $14,903 for michigan bachelor’s degree finance students whose families make $30-$48k.
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 full report on Finance & Financial Management at Northwood
Eastern Michigan University came in at #16 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Eastern Michigan University is a fairly large public school situated in Ypsilanti, Michigan. It awarded 54 bachelors’s finance degrees in 2019-2020.
Eastern Michigan also took the #20 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Eastern Michigan is $14,136 for Michigan Bachelor’s Degree Finance students whose families make $30-$48k.
Read more about Finance & Financial Management at Eastern Michigan University
With a ranking of #17, Baker College did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. This medium-sized school is located in Owosso, Michigan, and it awarded 14 bachelors’s finance degrees in 2019-2020.
The estimated yearly cost for Baker College is $13,867 for Michigan Bachelor’s Degree Finance students whose families make $30-$48k.
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.
Read full report on Finance & Financial Management at Baker College
Alma College landed the #18 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. This small school is located in Alma, Michigan, and it awarded 9 bachelors’s finance degrees in 2019-2020.
Alma not only placed well in this ranking. It is also #12 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. It costs about $18,963 for Michigan Bachelor’s Degree Finance students whose families make $30-$48k per year to attend Alma.
Read more about Finance & Financial Management at Alma College
Calvin University ranked #19 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Located in Grand Rapids, Michigan, this small private not-for-profit school awarded 4 degrees 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 & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Calvin is $21,920 for michigan bachelor’s degree finance students whose families make $30-$48k.
The low student loan default rate of 1.6% 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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Read full report on Finance & Financial Management at Calvin
Andrews University landed the #20 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Andrews University is a private not-for-profit institution located in Berrien Springs, Michigan. The school has a small population, and it awarded 7 bachelors’s degrees in 2019-2020.
Andrews not only placed well in this ranking. It is also #22 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. It costs about $20,330 for Michigan Bachelor’s Degree Finance students whose families make $30-$48k per year to attend Andrews University.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. 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%.
Spring Arbor University ranked #21 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Spring Arbor is a small private not-for-profit school situated in Spring Arbor, Michigan. It awarded 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 $16,448 for Michigan Bachelor’s Degree Finance students whose families make $30-$48k per year to attend Spring Arbor.
Read more about Finance & Financial Management at Spring Arbor University
Cornerstone University ranked #22 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Cornerstone is a small private not-for-profit school situated in Grand Rapids, Michigan. It awarded 4 bachelors’s finance degrees in 2019-2020.
Cornerstone did well in our major quality rankings, too. It placed #24 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Cornerstone is $17,478 for Michigan Bachelor’s Degree Finance students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Read full report on Finance & Financial Management at Cornerstone University
With a ranking of #23, Adrian College did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Located in Adrian, Michigan, this small private not-for-profit school handed out 6 degrees to qualified bachelors’s finance students in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students whose families make $30-$48k list, Adrian has also earned the #14 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Adrian College is $22,609 for michigan bachelor’s degree finance students whose families make $30-$48k.
Read full report on Finance & Financial Management at Adrian
Olivet College ranked #24 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Located in Olivet, Michigan, this small private not-for-profit school handed out 5 diplomas to qualified bachelors’s finance students in 2019-2020.
The estimated yearly cost for Olivet College is $19,429 for michigan bachelor’s degree finance students whose families make $30-$48k.
Read full report on Finance & Financial Management at Olivet College
Davenport University came in at #25 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. 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 also took the #25 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Davenport University is $20,521 for michigan bachelor’s degree finance students whose families make $30-$48k.
Read full report on Finance & Financial Management at Davenport University
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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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