2022 Best Value Bachelor’s Degree Colleges for Finance & Financial Management in Michigan
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” ranking.
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.
For this year’s “Best Value Finance Schools for a Bachelor’s in Michigan” ranking, we looked at 27 colleges that offer 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 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” list, to help you choose the best school for you.
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Best Value Finance Schools for a Bachelor’s in Michigan
The following schools top our list of the Best Best Value Finance Schools for a Bachelor’s in Michigan.
Top 25 Best Value Bachelor’s Degree Colleges for Finance & Financial Management in Michigan
You’ll be in good company if you decide to attend Michigan State University. It ranked #1 on our 2022 Best Value Finance Schools for a Bachelor’s in Michigan list. Michigan State University is located in East Lansing, Michigan and, has a large student population. In 2019-2020, this school awarded 376 bachelors’s finance degrees to qualified students.
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 University is $19,173 for michigan bachelor’s degree finance 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%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students.
Read more about Finance & Financial Management at Michigan State
You’ll join some of the best and brightest minds around if you attend Grand Valley State University. The school came in at #2 for the Best Value Finance Schools for a Bachelor’s in Michigan. Allendale, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s finance degrees to 271 students in 2019-2020.
GVSU also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list, coming in at #2. The estimated yearly cost for GVSU is $17,646 for michigan bachelor’s degree finance students.
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 Western Michigan University. The school came in at #3 for the Best Value Finance Schools for a Bachelor’s in Michigan. WMU is a fairly large public school situated in Kalamazoo, Michigan. It awarded 140 bachelors’s finance degrees in 2019-2020.
WMU also took the #6 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $19,433 for Michigan Bachelor’s Degree Finance students per year to attend Western Michigan University.
You’ll be in good company if you decide to attend University of Michigan - Dearborn. It ranked #4 on our 2022 Best Value Finance Schools for a Bachelor’s in Michigan list. This medium-sized school is located in Dearborn, Michigan, and it awarded 74 bachelors’s finance degrees in 2019-2020.
UM Dearborn also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list, coming in at #9. The yearly cost to attend UM Dearborn is $11,473 for michigan bachelor’s degree finance students.
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 more about Finance & Financial Management at UM Dearborn
You’ll be in good company if you decide to attend Central Michigan University. It ranked #5 on our 2022 Best Value Finance Schools for a Bachelor’s in Michigan list. Central Michigan 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.
In addition to being on our michigan bachelor’s degree finance students 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 is $15,981 for Michigan Bachelor’s Degree Finance students.
Full Central Michigan University Finance & Financial Management Report
Oakland University ranked #6 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan 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 estimated yearly cost for Oakland is $11,802 for Michigan Bachelor’s Degree Finance students.
Full Oakland University Finance & Financial Management Report
Michigan Technological University came in at #7 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan ranking. Michigan Technological University 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. The yearly cost to attend Michigan Tech is $16,463 for michigan bachelor’s degree finance students.
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%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Read full report on Finance & Financial Management at Michigan Tech
With a ranking of #8, Saginaw Valley State University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan list. Saginaw Valley State University is a public institution located in University Center, Michigan. The school has a medium-sized population, and it awarded 46 bachelors’s degrees 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 estimated yearly cost for Saginaw Valley State University is $14,248 for michigan bachelor’s degree finance students.
Full Saginaw Valley State University Finance & Financial Management Report
Wayne State University ranked #9 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan list. Wayne State University is a public institution located in Detroit, Michigan. The school has a large population, and it awarded 140 bachelors’s degrees in 2019-2020.
Wayne State also took the #13 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Wayne State University is $13,965 for michigan bachelor’s degree finance students.
Full Wayne State University Finance & Financial Management Report
Ferris State University ranked #10 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan list. Ferris is a fairly large school located in Big Rapids, Michigan that handed out 10 bachelors’s finance degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students 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.
Read full report on Finance & Financial Management at Ferris State University
Walsh College did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking, coming in at #11. Walsh College is a small school located in Troy, Michigan that handed out 36 bachelors’s finance degrees in 2019-2020.
Walsh did well in our major quality rankings, too. It placed #16 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list.
The school has an impressive student loan default rate. It’s only 1.9%, which is much lower than the national rate of 10.1%.
University of Michigan - Flint did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking, coming in at #12. 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.
UM Flint not only placed well in this ranking. It is also #19 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. It costs about $12,734 for michigan bachelor’s degree finance students per year to attend UM Flint.
Full University of Michigan - Flint Finance & Financial Management Report
With a ranking of #13, Lake Superior State University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan list. This small school is located in Sault Ste Marie, Michigan, and it awarded 10 bachelors’s finance degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students list, Lake Superior State University has also earned the #21 rank 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.
Read more about Finance & Financial Management at Lake Superior State University
With a ranking of #14, Northern Michigan University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan 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 did well in our major quality rankings, too. It placed #23 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Northern Michigan University is $15,453 for michigan bachelor’s degree finance students.
Full Northern Michigan University Finance & Financial Management Report
Baker College did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking, coming in at #15. 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 $15,049 for michigan bachelor’s degree finance students.
The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Read more about Finance & Financial Management at Baker College
With a ranking of #16, Eastern Michigan University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan list. Eastern Michigan is located in Ypsilanti, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 54 bachelors’s finance degrees to qualified students.
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 University is $15,924 for michigan bachelor’s degree finance students.
Read full report on Finance & Financial Management at Eastern Michigan University
Northwood University landed the #17 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking. Located in Midland, Michigan, this small private not-for-profit school awarded 58 diplomas to qualified bachelors’s finance students in 2019-2020.
Northwood did well in our major quality rankings, too. It placed #8 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Northwood University is $21,618 for Michigan Bachelor’s Degree Finance students.
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.
Full Northwood University Finance & Financial Management Report
Davenport University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking, coming in at #18. Davenport University is located in Grand Rapids, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 30 bachelors’s finance degrees to qualified students.
As a testament to the quality of education offered at Davenport University, the school also landed the #25 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Davenport University is $16,098 for michigan bachelor’s degree finance students.
Read full report on Finance & Financial Management at Davenport University
Cornerstone University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking, coming in at #19. This small school is located in Grand Rapids, Michigan, and it awarded 4 bachelors’s finance degrees in 2019-2020.
Cornerstone also took the #24 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $20,740 for Michigan Bachelor’s Degree Finance students per year to attend Cornerstone University.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Read full report on Finance & Financial Management at Cornerstone
Spring Arbor University landed the #20 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking. Located in Spring Arbor, Michigan, this small private not-for-profit school awarded 4 diplomas to qualified bachelors’s finance students in 2019-2020.
Spring Arbor not only placed well in this ranking. It is also #18 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Spring Arbor University is $19,183 for michigan bachelor’s degree finance students.
Read full report on Finance & Financial Management at Spring Arbor
With a ranking of #21, Andrews University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan list. This small school is located in Berrien Springs, Michigan, and it awarded 7 bachelors’s finance degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students list, Andrews has also earned the #22 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Andrews is $21,934 for michigan bachelor’s degree finance students.
The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.
Full Andrews University Finance & Financial Management Report
Calvin University landed the #22 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking. Calvin University is a small school located in Grand Rapids, Michigan that handed out 4 bachelors’s finance degrees in 2019-2020.
Calvin not only placed well in this ranking. It is also #3 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Calvin University is $26,647 for michigan bachelor’s degree finance students.
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 school has an impressive student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%.
Read full report on Finance & Financial Management at Calvin University
Lawrence Technological University landed the #23 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan ranking. Southfield, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 2 students in 2019-2020.
Lawrence Tech also took the #10 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Lawrence Technological University is $32,721 for michigan bachelor’s degree finance students.
Read full report on Finance & Financial Management at Lawrence Technological University
Olivet College ranked #24 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan list. Located in Olivet, Michigan, this small private not-for-profit school handed out 5 degrees to qualified bachelors’s finance students in 2019-2020.
The estimated yearly cost for Olivet College is $21,464 for Michigan Bachelor’s Degree Finance students.
Read more about Finance & Financial Management at Olivet College
Adrian College ranked #25 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan list. Adrian is a small school located in Adrian, Michigan that handed out 6 bachelors’s finance degrees in 2019-2020.
Adrian not only placed well in this ranking. It is also #14 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Michigan” list. It costs about $26,101 for michigan bachelor’s degree finance students per year to attend Adrian College.
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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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