2022 Best Value Colleges for Finance & Financial Management in Michigan (With Aid)
It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Finance Schools in Michigan For Those Getting Aid” ranking as one item you can use to help make this decision.
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.
For this year’s “Best Value Finance Schools in Michigan For Those Getting Aid” ranking, we looked at 29 colleges that offer a degree 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. Check out our ranking methodology for more information.
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One Size Does Not Fit All
Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Finance Schools in Michigan For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.
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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value Finance Schools in Michigan For Those Getting Aid
The colleges and universities below are the best for michigan finance students with aid.
Top 25 Best Value Colleges for Finance & Financial Management in Michigan (With Aid)
You’ll be in good company if you decide to attend Lansing Community College. It ranked #1 on our 2022 Best Value Finance Schools in Michigan For Those Getting Aid list. LCC is a fairly large public school situated in Lansing, Michigan. It awarded 4 ’s finance degrees in 2019-2020.
LCC also made our “Best Finance & Financial Management Schools in Michigan” list, coming in at #20. The estimated yearly cost for Lansing Community College is $4,828 for michigan finance students with aid.
Out of the 29 schools in the Best Value Finance Schools in Michigan For Those Getting Aid that were part of this year’s ranking, Michigan State University landed the #2 spot on the list. Michigan State is located in East Lansing, Michigan and, has a large student population. In 2019-2020, this school awarded 408 ’s finance degrees to qualified students.
As a testament to the quality of education offered at Michigan State, the school also landed the #1 spot in our “Best Finance & Financial Management Schools in Michigan” ranking. It costs about $19,173 for michigan finance students with aid per year to attend Michigan State.
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%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students.
Full Michigan State University Finance & Financial Management Report
You’ll be in good company if you decide to attend University of Michigan - Dearborn. It ranked #3 on our 2022 Best Value Finance Schools in Michigan For Those Getting Aid list. UM Dearborn is a medium-sized school located in Dearborn, Michigan that handed out 92 ’s finance degrees in 2019-2020.
UM Dearborn also took the #10 spot in our “Best Finance & Financial Management Schools in Michigan” ranking. The estimated yearly cost for University of Michigan - Dearborn is $11,473 for Michigan Finance students with aid.
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%.
Out of the 29 schools in the Best Value Finance Schools in Michigan For Those Getting Aid that were part of this year’s ranking, Oakland University landed the #4 spot on the list. Oakland is a fairly large school located in Rochester Hills, Michigan that handed out 102 ’s finance degrees in 2019-2020.
Oakland also took the #5 spot in our “Best Finance & Financial Management Schools in Michigan” ranking. The estimated yearly cost for Oakland University is $11,802 for Michigan Finance students with aid.
Out of the 29 schools in the Best Value Finance Schools in Michigan For Those Getting Aid that were part of this year’s ranking, Grand Valley State University landed the #5 spot on the list. GVSU is a large public school situated in Allendale, Michigan. It awarded 271 ’s finance degrees in 2019-2020.
GVSU also made our “Best Finance & Financial Management Schools in Michigan” list, coming in at #2. It costs about $17,646 for michigan finance students with aid per year to attend Grand Valley State University.
The school has an impressive student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.
Ferris State University ranked #6 on this year’s Best Value Finance Schools in Michigan For Those Getting Aid list. Ferris is a fairly large school located in Big Rapids, Michigan that handed out 10 ’s finance degrees in 2019-2020.
In addition to being on our michigan finance students with aid list, Ferris has also earned the #17 rank in our “Best Finance & Financial Management Schools in Michigan” ranking. The estimated yearly cost for Ferris State University is $12,889 for michigan finance students with aid.
Central Michigan University came in at #7 in this year’s edition of the Best Value Finance Schools in Michigan For Those Getting Aid ranking. Mount Pleasant, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s finance degrees to 97 students in 2019-2020.
Central Michigan also took the #7 spot in our “Best Finance & Financial Management Schools in Michigan” ranking. It costs about $15,981 for michigan finance students with aid per year to attend Central Michigan University.
Full Central Michigan University Finance & Financial Management Report
Michigan Technological University did quite well in the 2022 Best Value Finance Schools in Michigan For Those Getting Aid ranking, coming in at #8. Michigan Technological University is a medium-sized public school situated in Houghton, Michigan. It awarded 19 ’s finance degrees in 2019-2020.
In addition to being on our michigan finance students with aid list, Michigan Tech has also earned the #4 rank in our “Best Finance & Financial Management Schools in Michigan” ranking. The estimated yearly cost for Michigan Technological University is $16,463 for michigan 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 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 Tech
University of Michigan - Flint came in at #9 in this year’s edition of the Best Value Finance Schools in Michigan For Those Getting Aid ranking. Flint, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s finance degrees to 33 students in 2019-2020.
UM Flint did well in our major quality rankings, too. It placed #21 on our “Best Finance & Financial Management Schools in Michigan” list. The yearly cost to attend University of Michigan - Flint is $12,734 for Michigan Finance students with aid.
Read more about Finance & Financial Management at University of Michigan - Flint
Macomb Community College did quite well in the 2022 Best Value Finance Schools in Michigan For Those Getting Aid ranking, coming in at #10. Macomb Community College is a public institution located in Warren, Michigan. The school has a fairly large population, and it awarded 1 ’s degrees in 2019-2020.
The estimated yearly cost for Macomb Community College is $8,724 for michigan finance students with aid.
Read full report on Finance & Financial Management at Macomb Community College
Wayne State University came in at #11 in this year’s edition of the Best Value Finance Schools in Michigan For Those Getting Aid ranking. Located in Detroit, Michigan, this large public school awarded 140 diplomas to qualified ’s finance students in 2019-2020.
Wayne State not only placed well in this ranking. It is also #13 on our “Best Finance & Financial Management Schools in Michigan” list. The yearly cost to attend Wayne State is $13,965 for Michigan Finance students with aid.
Read full report on Finance & Financial Management at Wayne State
With a ranking of #12, Western Michigan University did quite well on the 2022 Best Value Finance Schools in Michigan For Those Getting Aid list. Western Michigan University is a fairly large public school situated in Kalamazoo, Michigan. It awarded 140 ’s finance degrees 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 Schools in Michigan” ranking. The estimated yearly cost for WMU is $19,433 for Michigan Finance students with aid.
Saginaw Valley State University ranked #13 on this year’s Best Value Finance Schools in Michigan For Those Getting Aid list. Saginaw Valley State University is a medium-sized public school situated in University Center, Michigan. It awarded 46 ’s finance degrees in 2019-2020.
Saginaw Valley State University did well in our major quality rankings, too. It placed #18 on our “Best Finance & Financial Management Schools in Michigan” list. The yearly cost to attend Saginaw Valley State University is $14,248 for Michigan Finance students with aid.
Full Saginaw Valley State University Finance & Financial Management Report
With a ranking of #14, Lake Superior State University did quite well on the 2022 Best Value Finance Schools in Michigan For Those Getting Aid list. Located in Sault Ste Marie, Michigan, this small public school awarded 10 diplomas to qualified ’s finance students in 2019-2020.
Lake Superior State University also made our “Best Finance & Financial Management Schools in Michigan” list, coming in at #23. The yearly cost to attend Lake Superior State University is $12,398 for Michigan Finance students with aid.
Read more about Finance & Financial Management at Lake Superior State University
Eastern Michigan University came in at #15 in this year’s edition of the Best Value Finance Schools in Michigan For Those Getting Aid ranking. Eastern Michigan University is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 74 ’s degrees in 2019-2020.
Eastern Michigan also took the #22 spot in our “Best Finance & Financial Management Schools in Michigan” ranking. The yearly cost to attend Eastern Michigan is $15,924 for michigan finance students with aid.
Read full report on Finance & Financial Management at Eastern Michigan
Albion College came in at #16 in this year’s edition of the Best Value Finance Schools 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 ’s finance degrees to 19 students in 2019-2020.
Albion also took the #11 spot in our “Best Finance & Financial Management Schools in Michigan” ranking. It costs about $16,653 for michigan finance students with aid per year to attend Albion College.
Read full report on Finance & Financial Management at Albion College
Baker College landed the #17 spot on the 2022 Best Value Finance Schools in Michigan For Those Getting Aid ranking. Baker College is a medium-sized school located in Owosso, Michigan that handed out 20 ’s finance degrees in 2019-2020.
It costs about $15,049 for Michigan Finance students with aid per year to attend Baker College.
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 more about Finance & Financial Management at Baker College
With a ranking of #18, Northern Michigan University did quite well on the 2022 Best Value Finance Schools in Michigan For Those Getting Aid list. Northern Michigan University is located in Marquette, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 17 ’s finance degrees to qualified students.
Northern Michigan University did well in our major quality rankings, too. It placed #25 on our “Best Finance & Financial Management Schools in Michigan” list. The estimated yearly cost for Northern Michigan University is $15,453 for Michigan Finance students with aid.
Full Northern Michigan University Finance & Financial Management Report
Cleary University ranked #19 on this year’s Best Value Finance Schools in Michigan For Those Getting Aid list. Howell, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 1 students in 2019-2020.
In addition to being on our michigan finance students with aid list, Cleary College has also earned the #15 rank in our “Best Finance & Financial Management Schools in Michigan” ranking. The yearly cost to attend Cleary University is $16,029 for michigan finance students with aid.
Full Cleary University Finance & Financial Management Report
Northwood University ranked #20 on this year’s Best Value Finance Schools in Michigan For Those Getting Aid list. Northwood is a small school located in Midland, Michigan that handed out 58 ’s finance degrees in 2019-2020.
Northwood not only placed well in this ranking. It is also #8 on our “Best Finance & Financial Management Schools in Michigan” list. It costs about $21,618 for Michigan Finance students with aid per year to attend Northwood University.
Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
With a ranking of #21, Davenport University did quite well on the 2022 Best Value Finance Schools in Michigan For Those Getting Aid list. Davenport University is located in Grand Rapids, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 41 ’s finance degrees to qualified students.
It costs about $16,098 for michigan finance students with aid per year to attend Davenport University.
Full Davenport University Finance & Financial Management Report
Calvin University did quite well in the 2022 Best Value Finance Schools in Michigan For Those Getting Aid ranking, coming in at #22. Grand Rapids, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 4 students in 2019-2020.
Calvin also made our “Best Finance & Financial Management Schools in Michigan” list, coming in at #3. The yearly cost to attend Calvin is $26,647 for michigan finance students with aid.
The school has an excellent freshman retention rate of 87%, 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 more about Finance & Financial Management at Calvin University
Spring Arbor University did quite well in the 2022 Best Value Finance Schools in Michigan For Those Getting Aid ranking, coming in at #23. Spring Arbor, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 4 students in 2019-2020.
Spring Arbor also took the #19 spot in our “Best Finance & Financial Management Schools in Michigan” ranking. The estimated yearly cost for Spring Arbor is $19,183 for Michigan Finance students with aid.
Alma College did quite well in the 2022 Best Value Finance Schools in Michigan For Those Getting Aid ranking, coming in at #24. This small school is located in Alma, Michigan, and it awarded 9 ’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Alma, the school also landed the #12 spot in our “Best Finance & Financial Management Schools in Michigan” ranking. The yearly cost to attend Alma is $22,449 for michigan finance students with aid.
Cornerstone University ranked #25 on this year’s Best Value Finance Schools in Michigan For Those Getting Aid list. Cornerstone is a small school located in Grand Rapids, Michigan that handed out 13 ’s finance degrees in 2019-2020.
The estimated yearly cost for Cornerstone University is $20,740 for Michigan 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
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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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