Finance Degree for Jobs in Michigan


Skilled brokers, analysts and advisors, among other professionals working in finance, are the driving force behind Michigan’s top insurance companies, financial services firms, and banks. During the ten-year projection period from 2014 to 2024, the Michigan Department of Technology, Management, and Budget projects hundreds of annual job openings for financial managers, stock brokers, financial analysts, personal financial advisors and more. 

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Degrees for Finance Majors in Michigan

Finance majors can prepare for or advance a career in Michigan’s financial services sector by earning a relevant degree through one of Michigan’s respected business schools:

Associate’s Degrees in Finance  Designed for aspiring financial services sales agents, series 7 licensed stockbrokers, investment advisor representatives and more:

  • Associate in Business (AB) in Financial Institutions
    • Located in Lansing
    • 62 hours
  • Associate of Business Administration (ABA) in Finance
    • Located in Warren
    • 63 hours

Bachelor’s Degrees in Finance  Designed for aspiring financial specialists, series 65 licensed investment advisors, and loan officers, among others:

  • Bachelor of Science (BS) in Corporate Finance
    • Located in Ann Arbor
    • 180 hours
  • Bachelor of Science (BS) in Finance
    • Located in Big Rapids
    • Minimum of 120 hours
  • Bachelor of Science in Business Administration (BSBA) in Finance
    • Located in Detroit
    • 126 hours
  • Bachelor of Business Administration (BBA) in Finance
    • Located in Grand Rapids
    • 27 hours in finance
  • Bachelor of Business Administration (BBA) in Finance
    • 120 hours
    • Located in Flint
  • Bachelor of Science (BS) in Finance
    • Located in Grand Rapids
    • 120 hours
  • Bachelor of Science (BS) with a Major in Finance
    • 120 hours
    • Located in Houghton
  • Bachelor of Business Administration (BBA) in Finance
    • Located in Kalamazoo
    • 24 hours in finance
  • Bachelor’s Degree in Finance and Risk Management
    • Located in Marquette
    • 124 hours
  • Bachelor of Business Administration in Financial Planning
    • Located in Olivet
    • 122 semester hours
  • Bachelor of Science in Business Administration (BSBA) in Finance
    • Located in Rochester
    • 22 hours in finance
  • Bachelor of Business Administration (BBA) in Finance
    • 127 hours
    • Located in Troy
  • Bachelor of Business Administration (BBA) in Finance
    • Various locations throughout Michigan
    • Online option
    • 181 quarter hours
  • Bachelor of Business Administration (BBA) in Finance
    • Various locations throughout Michigan
    • Online option
    • 123 semester hours

Master’s Degrees in Finance  Designed for aspiring bank managers, financial managers, financial analysts, and more:

  • Master of Science in Finance (MSF)
    • Located in East Lansing
    • 30 hours
  • Master of Science (MS) in Finance
    • Located in Dearborn
    • 30 hours
  • Master of Science in Finance (MSF)
    • Located in Troy
    • 36 semester hours

MBA Degrees in Finance  Designed for financial controllers, CFOs and other executives in corporate finance:

  • MBA Fast Track in Finance
    • Located in Ann Arbor
    • Four finance courses
  • MBA with a Concentration in Finance
    • Located in Dearborn
    • 36 hours
  • MBA with a Concentration in Finance
    • Located in Flint Township
    • Online option
    • 9 hours in finance
  • MBA with a Concentration in Finance
    • Located in Grand Rapids
    • 39 hours
  • MBA in Financial Planning
    • Located in Howell
    • 52 hours
  • MBA with a Concentration in Finance
    • Located in Mount Pleasant
    • Online option
    • 9 hours in finance
  • MBA with a Concentration in Finance
    • Located in Rochester
    • 9 hours in finance
  • MBA with a Specialization in Finance
    • Located in Ypsilanti
    • 36-57 hours

Graduate Certificates in Finance  Designed for aspiring budget analysts, financial managers, and more:

  • Post-Master's Graduate Certificate in Finance
    • Located in Rochester
    • 15 hours
  • Graduate Certificate in Finance
    • Located in Ypsilanti
    • 15 hours

Doctoral Degrees in Finance  Designed for aspiring finance educators, researchers, analysts and more:

  • PhD in Finance
    • Located in Ann Arbor
    • Four-to-five year program
  • PhD in Finance
    • Located in East Lansing
    • Four-to-five year program

Top Employers in Michigan’s Financial Services Sector

Michigan is home to a wide range of banks, brokerages and financial services firms that support jobs in finance for the most talented brokers, analysts and advisors. In addition to national, international and regional firms, some of Michigan’s top local employers in the finance industry include:

  • Ally Financial in Detroit  Financial services
  • Auto-Owners Insurance in Delta Township  Mutual insurance
  • Flagstar Bank in Flint  Stock savings bank
  • Ford Motor Hour Company in Dearborn  Financial services for Ford Motor Company
  • Northwestern Bank in Traverse City  Community banking

Income Ranges for Michigan’s Finance Professionals

Michigan’s financial services sector offers the opportunity for professionals to earn healthy six-figure incomes. According to the U.S. Bureau for Labor Statistics (BLS), as of 2016 Michigan’s finance professionals earned wages within the following ranges (wages are listed as bottom 10% average, mean annual income, and top 10% average):

  • Financial Managers – $62,960; $120,380; $196,690
  • Accountants and Auditors – $41,570; $74,360; $114,300
  • Budget Analysts – $34,920; $59,550; $82,240
  • Financial Analysts – $47,440; $80,240; $119,320
  • Personal Financial Advisors – $31,400; $108,920; $208,000*
  • Financial Examiners – $39,490; $72,380; $117,860
  • Securities, Commodities, and Financial Services Sales Agents (Stockbrokers) –  $32,470; $84,620; $184,460

*This figure is at or above $208,000 a year. The US Bureau of Labor Statistics does not report wages beyond this value. 

Job Growth Projections for Michigan’s Finance Professionals

Aspiring finance professionals who plan to work in Michigan can expect increased job openings in the coming years. The Michigan Department of Technology, Management, and Budget projects strong growth in the number of finance jobs for the period spanning 2014-2024:

  • Financial Managers – 446 projected annual openings
  • Accountants and Auditors – 1,190 projected annual openings
  • Budget Analysts – 53 projected annual openings
  • Financial Analysts – 190 projected annual openings
  • Personal Financial Advisors – 339 projected annual openings
  • Financial Examiners – 18 projected annual openings
  • Loan Officers – 241 projected annual openings
  • Securities, Commodities, and Financial Services Sales Agents (Stockbrokers) – 199 projected annual openings 

 

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