Finance and Financial Management Services at Michigan State University
Bachelor's Degree
Analysis
Michigan State's finance program stands out nationally but faces stiffer competition closer to home. While graduates earn $68,103 in their first year—placing the program in the 95th percentile nationally and well above the national median of $53,590—it ranks in the 60th percentile among Michigan finance programs. This means you're paying for a nationally elite outcome, but several in-state alternatives like Oakland University ($61,804) offer similar career prospects.
The financial fundamentals are solid. With $23,250 in median debt and a debt-to-earnings ratio of 0.34, graduates can comfortably manage their student loans while earning significantly more than typical finance majors nationwide. The 17% earnings growth to $79,866 by year four demonstrates strong career progression and suggests the program builds skills that employers value over time.
For Michigan families, this program delivers strong value despite not being the absolute best in-state option. The combination of MSU's brand recognition, robust alumni network, and accessible 84% admission rate makes it an excellent choice for students who want elite national outcomes without the uncertainty of reaching for more selective programs. The debt load is entirely manageable given the earning potential.
Where Michigan State University Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Michigan State University graduates compare to all programs nationally
Michigan State University graduates earn $68k, placing them in the 95th percentile of all finance and financial management services bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Michigan
Finance and Financial Management Services bachelors's programs at peer institutions in Michigan (30 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Michigan State University | $68,103 | $79,866 | $23,250 | 0.34 |
| Oakland University | $61,804 | $78,839 | $23,944 | 0.39 |
| Central Michigan University | $60,023 | $65,653 | $26,672 | 0.44 |
| Albion College | $59,926 | — | $24,979 | 0.42 |
| Walsh College | $58,735 | $60,192 | $14,012 | 0.24 |
| University of Michigan-Dearborn | $58,438 | $71,075 | $22,150 | 0.38 |
| National Median | $53,590 | — | $23,332 | 0.44 |
Other Finance and Financial Management Services Programs in Michigan
Compare tuition, earnings, and debt across Michigan schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Oakland University Rochester Hills | $14,694 | $61,804 | $23,944 |
| Central Michigan University Mount Pleasant | $14,190 | $60,023 | $26,672 |
| Albion College Albion | $55,746 | $59,926 | $24,979 |
| Walsh College Troy | — | $58,735 | $14,012 |
| University of Michigan-Dearborn Dearborn | $14,944 | $58,438 | $22,150 |
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 Michigan State University, approximately 20% 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 352 graduates with reported earnings and 270 graduates with debt data. Small samples may not be representative.