Finance & Financial Management

2021 Best Value Colleges for Finance & Financial Management in Michigan

12 Colleges
1,606 Bachelor's Degrees
$26,431 Avg Cost*

Finding the Best Value Finance & Financial Management School for You

Best Value Colleges for Finance & Financial Management in MichiganFinance & Financial Management is the #11 most popular major in Michigan with 1,606 bachelor's degrees awarded in 2018-2019. This means that 3.4% of the degrees earned in the country were from a school in the state.

This year's Best Value Colleges for Finance & Financial Management in Michigan ranking analyzed 12 colleges that offered a bachelor's degree in finance. To us, 'best value' doesn't just mean the school with the lowest overall costs. We are more focused on finance schools that offer a high quality education at a price lower that other schools of similar academic excellence.

To determine the average cost, we look at total expenses - such as tuition, fees, room and board, books, and other related expenses - and then subtract the average financial award a student receives. Knowing this amount can help you determine how much you may have to borrow in loans or take out of savings. Depending on your income and other factors, the cost for you to attend a particular school may be more or less.

More Ways to Rank Finance & Financial Management Schools

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 list to help you make the college decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

2021 Best Value Finance & Financial Management Schools in Michigan

The following schools top our list of the Best Finance & Financial Management Colleges for the Money.

Top 10 Best Value Finance & Financial Management Schools

The #1 spot in this year's ranking belongs to Grand Valley State University. Located in the large suburb of Allendale, GVSU is a public school with a very large student population. GVSU not only placed well in our value rankings. It is also #3 on our Best Colleges for Finance & Financial Management in Michigan list.

It takes about 4.5 years for the average student at GVSU to complete their degree, and the yearly average cost to attend the school is $23,233. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from GVSU is $105,245. When students graduate in a lesser amount of time, they can save thousands of dollars.

After completing their bachelor's degree, finance graduates from GVSU carry an average student debtload of $22,695. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $241.

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The #2 spot in this year's ranking belongs to Western Michigan University. Located in the city of Kalamazoo, WMU is a public college with a very large student population. WMU also took the #7 spot in our Best Colleges for Finance & Financial Management in Michigan rankings.

It takes the average student at WMU about 4.7 years to graduate, and it costs about $21,387 per year to attend the school. Putting this cost and the average time to graduate together, we find that the average amount you’ll pay to get a bachelor’s degree from WMU is $100,305. If you can shave even one term off your degree, you can save a substantial amount of money.

While working on their bachelor's, finance majors at WMU accumulate an average of around $23,204 in student debt. The average monthly payment of a loan this size is about $242, assuming that the borrower is on a 10-year repayment plan.

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#3

Central Michigan University

Mount Pleasant, MI

Central Michigan University earned the #3 spot in our 2021 rankings. Central Michigan is a large public school located in the town of Mount Pleasant. Central Michigan also made our Best Colleges for Finance & Financial Management in Michigan list, coming in at #6.

It takes the average student at Central Michigan about 4.7 years to graduate, and the yearly average cost to attend the school is $24,977. This means that the average student pays around $116,393 to get a bachelor’s degree from Central Michigan. If you can shave even one term off your degree, you can save a substantial amount of money.

Finance majors at Central Michigan take out an average of $26,645 in student loans while working on their bachelor's degree. The average monthly payment of a loan this size is about $280, assuming that the borrower is on a 10-year repayment plan.

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#4

Michigan State University

East Lansing, MI

Michigan State University landed the #4 spot in our 2021 rankings for best value finance and financial management schools. Michigan State is a very large public school located in the city of East Lansing. Michigan State not only placed well in our value rankings. It is also #1 on our Best Colleges for Finance & Financial Management in Michigan list.

At Michigan State, the average time it takes a student to graduate is 4.4 years, and it costs about $36,866 per year to attend the school. Looking at these numbers together, we estimate that the average cost of a bachelor’s degree from Michigan State is about $161,473. When you graduate sooner, you can save a lot of money.

On average, finance graduates from Michigan State take out $22,079 in student loans while working on their bachelor's degree. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $235.

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Our rankings recognize Eastern Michigan University as the #5 school in this year's rankings. Eastern Michigan is a large public school located in the suburb of Ypsilanti.

It takes the average student at Eastern Michigan about 4.8 years to graduate, and the yearly average cost to attend the school is $20,456. Thus, the average cost to get a bachelor’s degree from the Eastern Michigan is $98,393. If you can shave even one term off your degree, you can save a substantial amount of money.

After completing their bachelor's degree, finance graduates from Eastern Michigan carry an average student debtload of $22,460. This translates to an average monthly loan payment of $213, based on a 10-year repayment plan.

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Our rankings recognize Northern Michigan University as the #6 school in this year's rankings. Located in the town of Marquette, Northern Michigan University is a public college with a medium-sized student population.

The average amount of time it takes for a student to receive their degree at Northern Michigan University is 4.6 years, and it costs about $22,054 per year to attend the school. Thus, the average cost to get a bachelor’s degree from the Northern Michigan University is $101,228. When students graduate in a lesser amount of time, they can save thousands of dollars.

After completing their bachelor's degree, finance graduates from Northern Michigan University carry an average student debtload of $17,687. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $161.

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#7

Oakland University

Rochester Hills, MI

Oakland University comes in at #7 in this year's ranking. Located in the suburb of Rochester Hills, Oakland is a public school with a large student population. Oakland also made our Best Colleges for Finance & Financial Management in Michigan list, coming in at #5.

It takes about 4.7 years for the average student at Oakland to complete their degree, and it costs about $27,642 per year to attend the school. This means that the average student pays around $128,812 to get a bachelor’s degree from Oakland. When you graduate sooner, you can save a lot of money.

While working on their bachelor's, finance majors at Oakland accumulate an average of around $25,391 in student debt. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $277.

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#8

Davenport University

Grand Rapids, MI

Davenport University comes in at #8 in this year's ranking. Davenport University is a moderately-sized private not-for-profit school located in the suburb of Grand Rapids.

At Davenport University, the average time it takes a student to graduate is 4.3 years, and it costs about $25,498 per year to attend the school. Putting this cost and the average time to graduate together, we find that the average amount you’ll pay to get a bachelor’s degree from Davenport University is $108,876. When students graduate in a lesser amount of time, they can save thousands of dollars.

On average, finance graduates from Davenport University take out $23,786 in student loans while working on their bachelor's degree. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $221.

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University of Michigan - Flint landed the #9 spot in our 2021 rankings for best value finance and financial management schools. UM Flint is a moderately-sized public school located in the small city of Flint. UM Flint also took the #9 spot in our Best Colleges for Finance & Financial Management in Michigan rankings.

The average amount of time it takes for a student to receive their degree at UM Flint is 4.9 years, and on average, the annual cost to attend the school is $24,280. Putting this cost and the average time to graduate together, we find that the average amount you’ll pay to get a bachelor’s degree from UM Flint is $119,943. The sooner a student graduates, the more money they can save.

While working on their bachelor's, finance majors at UM Flint accumulate an average of around $28,161 in student debt. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $308.

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#10

Northwood University

Midland, MI

The #10 spot in this year's ranking belongs to Northwood University. Located in the small city of Midland, Northwood is a private not-for-profit college with a small student population. Northwood also took the #8 spot in our Best Colleges for Finance & Financial Management in Michigan rankings.

It takes the average student at Northwood about 4.2 years to graduate, and the average full-time cost to attend the school is around $32,231. This means that the average student pays around $135,693 to get a bachelor’s degree from Northwood. When students graduate in a lesser amount of time, they can save thousands of dollars.

While working on their bachelor's, finance majors at Northwood accumulate an average of around $24,466 in student debt. The average monthly payment of a loan this size is about $280, assuming that the borrower is on a 10-year repayment plan.

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Best Finance & Financial Management Colleges in the Great Lakes Region

Explore all the Best Finance & Financial Management Colleges in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Ohio 2,795
Illinois 1,681
Indiana 1,003
Wisconsin 1,391

One of 21 majors within the Business, Management & Marketing area of study, Finance & Financial Management has other similar majors worth exploring.

Majors Similar to Finance

Related Major Annual Graduates
Business Administration & Management 4,646
Marketing 1,965
Accounting 1,800
Human Resource Management 886
Hospitality Management 501

View All Finance Related Majors >

Notes and References

*These averages are for the top 12 schools only.

  • 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 the rest 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).
  • Credit for the banner image above goes to Dave Dugdale.

More about our data sources and methodologies.

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