2022 Best Value Bachelor’s Degree Colleges for Finance & Financial Management in the Great Lakes Region (With Aid)
Students have lots of options to chooose from today when trying to decide which college to attend. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid” ranking is part of that endeavor.
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 the Great Lakes region, there were 9,731 finance and financial management graduates with average earnings and debt of $49,693 and $25,751 respectively. At the bachelor’s degree level specifically, there were 8,740 finance and financial management graduates with average earnings and debt of $39,075 and $25,381 respectively.
This year’s “Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid” ranking analyzed 122 colleges that offered a degree 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.
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 picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid
The colleges and universities below are the best for great lakes region bachelor’s degree finance students with aid.
Top 25 Best Value Bachelor’s Degree Colleges for Finance & Financial Management in the Great Lakes Region (With Aid)
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. UIUC is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 256 bachelors’s finance degrees to qualified students.
UIUC also took the #2 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend UIUC is $15,880 for great lakes region bachelor’s degree finance students with aid.
The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Read more about Finance & Financial Management at University of Illinois at Urbana-Champaign
You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Madison. The school came in at #2 for the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid. UW - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 404 bachelors’s finance degrees to qualified students.
UW - Madison did well in our major quality rankings, too. It placed #3 on our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend UW - Madison is $17,708 for Great Lakes Region Bachelor’s Degree Finance students with aid.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.
Read full report on Finance & Financial Management at University of Wisconsin - Madison
You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #3 for the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid. Located in West Lafayette, Indiana, this large public school awarded 238 diplomas to qualified bachelors’s finance students in 2019-2020.
Purdue did well in our major quality rankings, too. It placed #8 on our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Purdue is $13,986 for great lakes region bachelor’s degree finance students with aid.
The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The low student loan default rate of 2.2% 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 Purdue University - Main Campus
Out of the 122 schools in the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Wisconsin - La Crosse landed the #4 spot on the list. University of Wisconsin - La Crosse is a fairly large public school situated in La Crosse, Wisconsin. It awarded 170 bachelors’s finance degrees in 2019-2020.
UW - La Crosse also took the #12 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for UW - La Crosse is $14,580 for Great Lakes Region Bachelor’s Degree Finance students with aid.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. 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%.
Read full report on Finance & Financial Management at UW - La Crosse
You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Whitewater. The school came in at #5 for the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid. University of Wisconsin - Whitewater is located in Whitewater, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 219 bachelors’s finance degrees to qualified students.
UW - Whitewater did well in our major quality rankings, too. It placed #19 on our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend University of Wisconsin - Whitewater is $15,249 for great lakes region bachelor’s degree finance students with aid.
Full University of Wisconsin - Whitewater Finance & Financial Management Report
Michigan State University came in at #6 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. East Lansing, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s finance degrees to 376 students in 2019-2020.
Michigan State also took the #4 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Michigan State University is $19,173 for great lakes region bachelor’s degree finance students with aid.
The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.
Read more about Finance & Financial Management at Michigan State
University of Illinois at Chicago ranked #7 on this year’s Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. University of Illinois at Chicago is a large public school situated in Chicago, Illinois. It awarded 253 bachelors’s finance degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree finance students with aid list, UIC has also earned the #23 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $13,312 for Great Lakes Region Bachelor’s Degree Finance students with aid per year to attend University of Illinois at Chicago.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
University of Wisconsin - Eau Claire came in at #8 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. This fairly large school is located in Eau Claire, Wisconsin, and it awarded 101 bachelors’s finance degrees in 2019-2020.
UW - Eau Claire also made our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #20. It costs about $16,020 for Great Lakes Region Bachelor’s Degree Finance students with aid per year to attend UW - Eau Claire.
Read full report on Finance & Financial Management at UW - Eau Claire
Franklin University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #9. Franklin University is located in Columbus, Ohio and, has a medium-sized student population. In 2019-2020, this school awarded 52 bachelors’s finance degrees to qualified students.
It costs about $12,895 for great lakes region bachelor’s degree finance students with aid per year to attend Franklin University.
Full Franklin University Finance & Financial Management Report
University of Wisconsin - Oshkosh landed the #10 spot on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. UW Oshkosh is a fairly large school located in Oshkosh, Wisconsin that handed out 80 bachelors’s finance degrees in 2019-2020.
The estimated yearly cost for University of Wisconsin - Oshkosh is $15,463 for Great Lakes Region Bachelor’s Degree Finance students with aid.
With a ranking of #11, Ohio State University - Main Campus did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Ohio State is a large school located in Columbus, Ohio that handed out 741 bachelors’s finance degrees in 2019-2020.
Ohio State also took the #5 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ohio State University - Main Campus is $17,616 for Great Lakes Region Bachelor’s Degree Finance students with aid.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Read full report on Finance & Financial Management at Ohio State
Purdue University Northwest landed the #12 spot on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Purdue University Northwest is a medium-sized school located in Hammond, Indiana that handed out 36 bachelors’s finance degrees in 2019-2020.
The estimated yearly cost for Purdue University Northwest is $11,250 for Great Lakes Region Bachelor’s Degree Finance students with aid.
Read more about Finance & Financial Management at Purdue Northwest
With a ranking of #13, University of Michigan - Dearborn did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Located in Dearborn, Michigan, this medium-sized public school awarded 74 degrees to qualified bachelors’s finance students in 2019-2020.
The yearly cost to attend University of Michigan - Dearborn is $11,473 for great lakes region bachelor’s degree finance students with aid.
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
Ball State University came in at #14 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Ball State University is a public institution located in Muncie, Indiana. The school has a large population, and it awarded 100 bachelors’s degrees in 2019-2020.
It costs about $15,147 for great lakes region bachelor’s degree finance students with aid per year to attend Ball State.
Full Ball State University Finance & Financial Management Report
University of Notre Dame ranked #15 on this year’s Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. This fairly large school is located in Notre Dame, Indiana, and it awarded 235 bachelors’s finance degrees in 2019-2020.
Notre Dame also made our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #1. The yearly cost to attend Notre Dame is $33,025 for great lakes region bachelor’s degree finance students with aid.
The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The low student loan default rate of 0.7% 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%.
Read full report on Finance & Financial Management at University of Notre Dame
University of Wisconsin - Milwaukee landed the #16 spot on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. This large school is located in Milwaukee, Wisconsin, and it awarded 230 bachelors’s finance degrees in 2019-2020.
The estimated yearly cost for University of Wisconsin - Milwaukee is $17,876 for Great Lakes Region Bachelor’s Degree Finance students with aid.
Read more about Finance & Financial Management at University of Wisconsin - Milwaukee
Northern Illinois University landed the #17 spot on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. NIU is a fairly large public school situated in Dekalb, Illinois. It awarded 90 bachelors’s finance degrees in 2019-2020.
It costs about $18,259 for Great Lakes Region Bachelor’s Degree Finance students with aid per year to attend NIU.
University of Wisconsin - Stevens Point came in at #18 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. This medium-sized school is located in Stevens Point, Wisconsin, and it awarded 21 bachelors’s finance degrees in 2019-2020.
The yearly cost to attend University of Wisconsin - Stevens Point is $14,465 for Great Lakes Region Bachelor’s Degree Finance students with aid.
Full UW - Stevens Point Finance & Financial Management Report
Oakland University came in at #19 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Located in Rochester Hills, Michigan, this fairly large public school handed out 99 diplomas to qualified bachelors’s finance students in 2019-2020.
It costs about $11,802 for great lakes region bachelor’s degree finance students with aid per year to attend Oakland.
Full Oakland University Finance & Financial Management Report
Grand Valley State University came in at #20 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. GVSU is a large school located in Allendale, Michigan that handed out 271 bachelors’s finance degrees in 2019-2020.
GVSU did well in our major quality rankings, too. It placed #22 on our “Best Finance & Financial Management Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for GVSU is $17,646 for great lakes region bachelor’s degree finance students with aid.
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%.
With a ranking of #21, Eastern Illinois University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Charleston, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s finance degrees to 26 students in 2019-2020.
The estimated yearly cost for EIU is $14,607 for Great Lakes Region Bachelor’s Degree Finance students with aid.
Ferris State University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #22. Ferris 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.
The yearly cost to attend Ferris is $12,889 for Great Lakes Region Bachelor’s Degree Finance students with aid.
Read full report on Finance & Financial Management at Ferris
University of Southern Indiana came in at #23 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Evansville, Indiana is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s finance degrees to 60 students in 2019-2020.
It costs about $13,437 for Great Lakes Region Bachelor’s Degree Finance students with aid per year to attend USI.
The student loan default rate at the school is 5.0%, which is quite low when compared to the national default rate of 10.1%.
Full University of Southern Indiana Finance & Financial Management Report
Saint Xavier University came in at #24 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Located in Chicago, Illinois, this small private not-for-profit school handed out 40 diplomas to qualified bachelors’s finance students in 2019-2020.
It costs about $14,528 for Great Lakes Region Bachelor’s Degree Finance students with aid per year to attend Saint Xavier University.
Read full report on Finance & Financial Management at Saint Xavier University
With a ranking of #25, Central Michigan University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Central Michigan University is a fairly large school located in Mount Pleasant, Michigan that handed out 97 bachelors’s finance degrees in 2019-2020.
The yearly cost to attend Central Michigan is $15,981 for Great Lakes Region Bachelor’s Degree Finance students with aid.
Read full report on Finance & Financial Management at Central Michigan 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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