2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting 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 Michigan For Those Getting Aid” ranking is part of that endeavor.
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 Getting Aid” 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.
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 and financial management program at the school. For more information, check out our ranking methodology.
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One Size Does Not Fit All
The finance school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid”.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid
The following schools top our list of the Best Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid.
Top 25 Best Value Bachelor’s Degree Colleges for Finance & Financial Management in Michigan (With Aid)
Out of the 26 schools in the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid that were part of this year’s ranking, Michigan State University landed the #1 spot on the list. This large school is located in East Lansing, Michigan, and it awarded 376 bachelors’s finance degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students with aid list, Michigan State has also earned the #1 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Michigan State University is $19,173 for Michigan Bachelor’s Degree Finance students with aid.
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%.
Full Michigan State University Finance & Financial Management Report
You’ll join some of the best and brightest minds around if you attend University of Michigan - Dearborn. The school came in at #2 for the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid. University of Michigan - Dearborn is located in Dearborn, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 74 bachelors’s finance degrees to qualified students.
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. It costs about $11,473 for Michigan Bachelor’s Degree Finance students with aid per year to attend UM Dearborn.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
Read full report on Finance & Financial Management at University of Michigan - Dearborn
You’ll be in good company if you decide to attend Oakland University. It ranked #3 on our 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. 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 with aid list, Oakland has also earned the #5 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Oakland is $11,802 for michigan bachelor’s degree finance students with aid.
Read full report on Finance & Financial Management at Oakland
You’ll join some of the best and brightest minds around if you attend Grand Valley State University. The school came in at #4 for the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid. GVSU is a large school located in Allendale, Michigan that handed out 271 bachelors’s finance degrees in 2019-2020.
GVSU not only placed well in this ranking. It is also #2 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. It costs about $17,646 for Michigan Bachelor’s Degree Finance students with aid per year to attend Grand Valley State University.
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%.
You’ll be in good company if you decide to attend Ferris State University. It ranked #5 on our 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. 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.
In addition to being on our michigan bachelor’s degree finance students with aid list, Ferris has also earned the #15 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Ferris is $12,889 for Michigan Bachelor’s Degree Finance students with aid.
Read full report on Finance & Financial Management at Ferris
Central Michigan University came in at #6 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. 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.
Central Michigan also took the #7 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Central Michigan University is $15,981 for michigan bachelor’s degree finance students with aid.
Read more about Finance & Financial Management at Central Michigan
Michigan Technological University ranked #7 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Michigan Tech is a medium-sized school located in Houghton, Michigan that handed out 19 bachelors’s finance degrees in 2019-2020.
Michigan Tech also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list, coming in at #4. It costs about $16,463 for michigan bachelor’s degree finance students with aid per year to attend Michigan Technological University.
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 2.3%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Finance & Financial Management at Michigan Tech
University of Michigan - Flint did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #8. University of Michigan - 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 $12,734 for Michigan Bachelor’s Degree Finance students with aid.
Read full report on Finance & Financial Management at University of Michigan - Flint
Wayne State University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #9. Wayne State University is a large public school situated in Detroit, Michigan. It awarded 140 bachelors’s finance degrees in 2019-2020.
Wayne State also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list, coming in at #13. It costs about $13,965 for michigan bachelor’s degree finance students with aid per year to attend Wayne State University.
Read full report on Finance & Financial Management at Wayne State
Western Michigan University came in at #10 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Located in Kalamazoo, Michigan, this fairly large public school handed out 140 degrees to qualified bachelors’s finance students in 2019-2020.
As a testament to the quality of education offered at WMU, the school also landed the #6 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for WMU is $19,433 for Michigan Bachelor’s Degree Finance students with aid.
Full Western Michigan University Finance & Financial Management Report
Saginaw Valley 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 Getting Aid 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 not only placed well in this ranking. It is also #17 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. It costs about $14,248 for Michigan Bachelor’s Degree Finance students with aid per year to attend Saginaw Valley State University.
Read full report on Finance & Financial Management at Saginaw Valley State University
Lake Superior State University came in at #12 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. This small school is located in Sault Ste Marie, Michigan, and it awarded 10 bachelors’s finance degrees 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. The yearly cost to attend Lake Superior State University is $12,398 for michigan bachelor’s degree finance students with aid.
Full Lake Superior State University Finance & Financial Management Report
With a ranking of #13, Eastern Michigan University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Eastern Michigan is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 54 bachelors’s degrees in 2019-2020.
Eastern Michigan also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list, coming in at #20. It costs about $15,924 for Michigan Bachelor’s Degree Finance students with aid per year to attend Eastern Michigan.
Full Eastern Michigan University Finance & Financial Management Report
With a ranking of #14, Baker College did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Baker College is a private not-for-profit institution located in Owosso, Michigan. The school has a medium-sized population, and it awarded 14 bachelors’s degrees in 2019-2020.
It costs about $15,049 for Michigan Bachelor’s Degree Finance students with aid 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.
Albion College came in at #15 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid 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.
In addition to being on our michigan bachelor’s degree finance students with aid list, Albion has also earned the #11 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Albion is $16,653 for Michigan Bachelor’s Degree Finance students with aid.
Northern Michigan University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #16. Located in Marquette, Michigan, this medium-sized public school awarded 17 diplomas to qualified bachelors’s finance students in 2019-2020.
Northern Michigan University also took the #23 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Northern Michigan University is $15,453 for michigan bachelor’s degree finance students with aid.
Read full report on Finance & Financial Management at Northern Michigan University
Northwood University came in at #17 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Northwood 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 also took the #8 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Northwood University is $21,618 for michigan bachelor’s degree finance students with aid.
The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Davenport University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #18. 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. It costs about $16,098 for Michigan Bachelor’s Degree Finance students with aid per year to attend Davenport University.
Read more about Finance & Financial Management at Davenport University
Calvin University ranked #19 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Calvin University is a small school located in Grand Rapids, Michigan that handed out 4 bachelors’s finance degrees in 2019-2020.
Calvin also took the #3 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Calvin is $26,647 for michigan bachelor’s degree finance students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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%.
Read full report on Finance & Financial Management at Calvin
Spring Arbor University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #20. This small school is located in Spring Arbor, Michigan, and it awarded 4 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Spring Arbor, the school also landed the #18 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $19,183 for Michigan Bachelor’s Degree Finance students with aid per year to attend Spring Arbor University.
Read more about Finance & Financial Management at Spring Arbor
Alma College did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #21. Alma is a small private not-for-profit school situated in Alma, Michigan. It awarded 9 bachelors’s finance degrees in 2019-2020.
Alma also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list, coming in at #12. It costs about $22,449 for michigan bachelor’s degree finance students with aid per year to attend Alma College.
Read more about Finance & Financial Management at Alma College
Cornerstone University ranked #22 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Cornerstone University is a small private not-for-profit school situated in Grand Rapids, Michigan. It awarded 4 bachelors’s finance degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students with aid list, Cornerstone has also earned the #24 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Cornerstone is $20,740 for Michigan Bachelor’s Degree Finance students with aid.
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
With a ranking of #23, Andrews University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Andrews University is a small private not-for-profit school situated in Berrien Springs, Michigan. It awarded 7 bachelors’s finance degrees in 2019-2020.
Andrews did well in our major quality rankings, too. It placed #22 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Andrews is $21,934 for Michigan Bachelor’s Degree Finance students with aid.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%. 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.
Full Andrews University Finance & Financial Management Report
Olivet College came in at #24 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. This small school is located in Olivet, Michigan, and it awarded 5 bachelors’s finance degrees in 2019-2020.
The yearly cost to attend Olivet is $21,464 for Michigan Bachelor’s Degree Finance students with aid.
Adrian College landed the #25 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Located in Adrian, Michigan, this small private not-for-profit school handed out 6 degrees to qualified bachelors’s finance students 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. It costs about $26,101 for Michigan Bachelor’s Degree Finance students with aid per year to attend Adrian College.
Read full report on Finance & Financial Management at Adrian
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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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