Contact Information
General Contact
- School Code: 229300
- Phone: (269) 927-8100
- School Homepage
Admissions Office
Financial Aid Office
ACCEPTANCE RATE
57.23%FINANCIAL AID RATE
97%STUDENT TEACHER RATIO
16:1FINANCIAL AID AWARD AVG.
$9,060Average Grants + Scholarship Aid Awarded to Undergraduate Students
Percent of Full-Time Undergraduates Receiving Financial Aid
Percent of Students Paying In-State Tuition vs Out-of-State Tuition
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School Map
Finance Degree
The finance program at Lake Superior State 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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Lake Superior State University (LMC)
2755 East Napier Avenue, Benton Harbor, MI
Lake Superior State University provides a variety of degree programs for students to guide them in their growth and development. The school is located in Sault Ste Marie, MI and publically funded. Enrollment at Lake Superior State University is nearly two thousand per year.
Students may choose from several areas of study, including but not limited to:
- Health And Clinical Professions
- Security And Protective Services
- Business And Marketing Studies
- Education
- Recreation And Fitness Studies
The admissions process will include the submission of an application, transcripts, and test scores, which are then reviewed by admissions officials. A SAT or ACT exam may be required prior to applying, with scores within the range of 1391 - 1664 on the SAT and within the range of 20 - 24 for the ACT exam is typical among students accepted to Lake Superior State University. Roughly 90 percent of all applicant were admitted at Lake Superior State University, with 34 percent of those accepted choosing to attend.
The cost of undergraduate tuition is different for in-state and out-of-state residents. In-state residents pay approximately $10,000 and nonresidents pay $15,000 for the year. Students attending this school may qualify for aid which is generally loans, grants, scholarships and work study programs.
This school offers several athletic programs overseen by the NCAA. Athletic programs available may include:
- Basketball (NCAA Division II)
- Golf (NCAA Division II)
- Ice Hockey (NCAA Division II)
- Softball (NCAA Division II)
- Tennis (NCAA Division II)
Students can visit the Lake Superior State University website to get a complete list of areas of study, programs, student services, and more.
Students Enrolled in the Finance Program
Get more details below regarding enrollment, academics, and school demographics. Lake Superior State University offers a bachelor's degree program in finance.
Students by Gender (2019)
Graduates | |
---|---|
Male | 6 |
Female | 5 |
Students by Race (2019)
Graduates | |
---|---|
American Indian | 1 |
White | 10 |
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
Upon completion of the Finance program at LMC, most students have pursued careers in the following fields: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
- Niles-Benton Harbor, MI
- Total Employment: 200
- Average Hourly Rate: $50.53
- Average Annual Salary: $105100
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
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
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
- Niles-Benton Harbor, MI
- Total Employment: 140
- Average Hourly Rate: $35.02
- Average Annual Salary: $72830
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
- Niles-Benton Harbor, MI
- Total Employment: 60
- Average Hourly Rate: $30.34
- Average Annual Salary: $63110
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
Salary & Wages
- Niles-Benton Harbor, MI
- Total Employment: 90
- Average Hourly Rate: $25.89
- Average Annual Salary: $53840
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).
Admission Requirements & Details
The information regarding admissions below may provide a better idea of the students Lake Superior State University accepts. The details may include admissions application requirements and recommendations, as well as any college credits that may be transferred.
College Credits Accepted
- Dual Credits
- Life Experience Credits
- AP Course Credits
Academics & Student Services
Student Services
To help students and alumni, Lake Superior State University may offer services to students like those listed below:- Distance learning
- Remedial instructional courses
- Academic counseling for students
- Student employment
- Assisting students to find work
- Day care for children
Intercollegiate Athletics
Lake Superior State University is a Member of National Collegiate Athletic Association (NCAA), with many of the sports belonging to the NCAA Division II without football classification. The most popular sports played are listed below:
- Basketball (Great Lakes Intercollegiate Ath Conf)
- Track and Field (Great Lakes Intercollegiate Ath Conf)
- Golf
- Ice Hockey
- Tennis
- Volleyball