Finance Degree

The finance program at Eastern Michigan University prepares students for careers as a credit analyst, finance officer, financial advisor, financial analyst, financial planner, loan officer, or investment banker. The program focuses on planning, managing, and analyzing financial and monetary aspects and performance of business enterprises, banking institutions, or other organizations. Program courses include: principles of accounting, financial instruments, capital planning, funds acquisition, asset and debt management, budgeting, financial analysis, and investments and portfolio management. Get more details below including other Michigan colleges that offer finance degrees.

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Eastern Michigan University

Also known as Dorsey Schools- Woodhaven

19810 West Road, Woodhaven, MI

Eastern Michigan University (EMU) is a public university located in Ypsilanti, Michigan, on a campus covering more than 800 acres.  EMU offers more than 200 degrees at the undergraduate and graduate levels. At the undergraduate level, the major and minor concentrations are delivered via the Colleges of Arts and Sciences, Business, Educaiton, Health and Human Services, and Technology.

The nearly 700 full-time faculty members at Eastern Michigan University have doctoral degrees and are experts in their fields. Many faculty members involved students in their research, including those at the undergraduate level.

History

Eastern Michigan University was founded in 1849 as the Michigan State Normal School to educate teachers for the state's public schools. In 1959, after several name changes, the "Normal School" became Eastern Michigan University. After training thousands of teachers for certification over its first 100 years, EMU expanded its curricula to match the demands of its university status.

More recent advances at EMU include the construction of the Terrestrial and Aquatic Research Facility, the Convocation Center, the Bruce T. Halle Library, John W. Porter College of Education, and the Everett L. Marshall College of Health and Human Services, among other school buildings.

Academics

The academic calendar for Eastern Michigan University follows the semester format, with fall, spring semesters.

Colleges and Schools

• College of Arts and Sciences
• College of Business
• College of Education
• College of Health and Human Services
• College of Technology
• Graduate School

Student Life

There are hundreds of student organizations available on campus at EMU, including everything from an Accounting Club to the American Marketing Student Association, and Big Brothers Big Sisters to many sports clubs or fraternities and sororities.

Student services at EMU include:

• Student Government
• Service EMU
• The Children's Institute
• Disability Resource Center
• Diversity and Community Involvement
• International Students
• Orientation
• Veteran Services
• Ombudsman
• Academic Projects Center
• Academic Advising
• Holman Success Center
• Library
• CATE lab (Center for Adaptive Technology Education)
• Writing Center 

On campus housing is available through several options, including Living-Learning communities. Many dining options are also available.

Traditions

The school colors for EMU are green and white, and the school mascot is the eagle. The EMU athletic teams are nicknamed the Eastern Michigan "Eagles."

Athletics

The Eastern Michigan "Eagles" athletic teams compete in many intercollegiate sports, including:

Men's Sports:

• Baseball
• Basketball
• Cross County
• Football
• Golf
• Swimming and Diving
• Track and Field
• Wrestling 

Women's Sports:

• Basketball
• Cross Country
• Golf
• Gymnastics
• Rowing
• Soccer
• Softball
• Swimming and Diving
• Tennis
• Track and Field
• Volleyball

Community Life

Eastern Michigan University has 14 research institutes and centers devoted to community improvement and civic engagement in several areas. Some of the community assistance provided by EMU includes:

• EMU's Center for Regional and National Security and the Michigan Citizens Corps train high school students how to be first responders during emergencies on their campuses.
• The University's Checkpoint Program has, for more than 10 years, helped both college students and area youth learn about alcohol and drug issues. 
• EMU's Coatings Research Institute is working with the Pentagon to develop a coating to protect military equipment and vehicles from corrosion and chemical and biological weapons. 
• The interdisciplinary EMU Water Resources Consortium is researching water concerns and the multifaceted importance of this valuable and endangered natural resource. Its research supports conservation projects and will help maintain high-quality supplies.

Students Enrolled in the Finance Program

Get more details below regarding enrollment, academics, and school demographics. Dorsey Schools- Woodhaven has offered the following programs for students:

• Bachelor's Degree
• Post-Baccalaureate Certificate
• Master's Degree

Students by Academic Level (2019)

Students by Gender (2019)

Students by Race (2019)

Source: IPEDS Survey 2012-2020: Data obtained from the US Dept. of Education's Integrated Postsecondary Education Data System (IPEDS). Data may vary depending on school and academic year.

Career Options for Graduates

Chief Sustainability Officers

Description

Communicate and coordinate with management, shareholders, customers, and employees to address sustainability issues. Enact or oversee a corporate sustainability strategy.

General and Operations Managers

Description

Plan, direct, or coordinate the operations of public or private sector organizations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services.

Treasurers and Controllers

Description

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

Career Outlook & Projections ()

According to the BLS, treasurers and controllers employment is expected to grow at a rate of 6.8% from 2014 to 2024

Salary & Wages

• Detroit-Dearborn-Livonia, MI Metropolitan Division
  • Total Employment: 2
  • Average Hourly Rate: $58.52
  • Average Annual Salary: $121730

Budget Analysts

Description

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

Career Outlook & Projections ()

According to the BLS, budget analysts employment is expected to grow at a rate of 2.5% from 2014 to 2024

Salary & Wages

• Detroit-Dearborn-Livonia, MI Metropolitan Division
  • Total Employment: 350
  • Average Hourly Rate: $41.71
  • Average Annual Salary: $86760

Credit Analysts

Description

Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decision making.

Career Outlook & Projections ()

According to the BLS, credit analysts employment is expected to grow at a rate of 6.1% from 2014 to 2024

Salary & Wages

• Detroit-Dearborn-Livonia, MI Metropolitan Division
  • Total Employment: 120
  • Average Hourly Rate: $30.23
  • Average Annual Salary: $62870

Financial Analysts

Description

Conduct quantitative analyses of information affecting investment programs of public or private institutions.

Career Outlook & Projections ()

According to the BLS, financial analysts employment is expected to grow at a rate of 11.7% from 2014 to 2024

Salary & Wages

• Detroit-Dearborn-Livonia, MI Metropolitan Division
  • Total Employment: 1
  • Average Hourly Rate: $42.26
  • Average Annual Salary: $87900

Personal Financial Advisors

Description

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.

Career Outlook & Projections ()

According to the BLS, personal financial advisors employment is expected to grow at a rate of 29.6% from 2014 to 2024

Salary & Wages

• Detroit-Dearborn-Livonia, MI Metropolitan Division
  • Total Employment: 710
  • Average Hourly Rate: $48.79
  • Average Annual Salary: $101480

Loan Officers

Description

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.

Career Outlook & Projections ()

According to the BLS, loan officers employment is expected to grow at a rate of 8.1% from 2014 to 2024

Financial Quantitative Analysts

Description

Develop quantitative financial products used to inform individuals or financial institutions engaged in saving, lending, investing, borrowing, or managing risk. Investigate methods for financial analysis to create mathematical models used to develop improved analytical tools or advanced financial investment instruments.

Business Teachers, Postsecondary

Description

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).