Analysis
Cleveland State's finance program produces earnings that lag significantly behind other Ohio options. At $49,425 one year out, graduates earn about $9,400 less than the Ohio median for finance majors—ranking in just the 25th percentile statewide. That gap is particularly striking given that Ohio State, Case Western, and even mid-tier programs like University of Dayton all launch graduates at $64,000+. The program does show decent earnings growth to $58,100 by year four, but even at that point, graduates are still earning less than their peers made fresh out of college at stronger programs.
The debt load is reasonable at $24,365, creating a manageable first-year ratio of 0.49. However, reasonable debt doesn't offset below-average earnings. With a 95% admission rate and average SAT scores around 980, Cleveland State serves many students who might not have access to more selective programs. For those students, this represents a path to a finance career, albeit one that starts at a lower salary tier. The 39% Pell Grant rate suggests the school serves economically disadvantaged students who may be balancing cost against opportunity.
For families with options, stronger Ohio programs deliver substantially better outcomes. But for students who need the accessibility Cleveland State provides—whether due to academics, finances, or location—this program offers a viable entry point to finance careers, even if earnings won't match graduates from more competitive schools.
Where Cleveland State University Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Earnings Distribution
How Cleveland State University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Cleveland State University | $49,425 | $58,100 | +18% |
| Miami University-Oxford | $71,203 | $88,554 | +24% |
| Ohio State University-Main Campus | $65,181 | $82,036 | +26% |
| Case Western Reserve University | $65,784 | $77,380 | +18% |
| Ohio University-Eastern Campus | $59,305 | $75,600 | +27% |
Compare to Similar Programs in Ohio
Finance and Financial Management Services bachelors's programs at peer institutions in Ohio (43 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,613 | $49,425 | $58,100 | $24,365 | 0.49 | |
| $17,809 | $71,203 | $88,554 | $22,000 | 0.31 | |
| $64,671 | $65,784 | $77,380 | $26,048 | 0.40 | |
| $12,859 | $65,181 | $82,036 | $20,500 | 0.31 | |
| $47,600 | $64,371 | $73,975 | $22,750 | 0.35 | |
| $9,577 | $61,645 | $57,012 | $33,949 | 0.55 | |
| National Median | — | $53,590 | — | $23,332 | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Cleveland State University, approximately 39% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 101 graduates with reported earnings and 106 graduates with debt data. Small samples may not be representative.