Finance Degree

The finance program at Michigan Technological 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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Michigan Technological University

Also known as Michigan Tech

, East Lansing, MI

About
Michigan Technical University, a public four year research institution located in Houghton, Michigan, was founded 1885 as the Michigan Mining School. The school was established by Jay Abel Hubbell to provide an education for mining engineers. The school maintained mining education until the end of World War I, where it began adding technical programs to its offerings. By 1931 the school had increased its enrollment, and as a result it began adding more programs, going through a series of name changes and eventually offering over 130 programs and having an enrollment of nearly 7000 students a year. Michigan Tech is considered one of the best schools in the midwestern United States by the Princeton Review, and 115th overall according to US News and World Report.

Academics
Michigan Technical University offers a large number of programs resulting in undergraduate and graduate degrees. The large number of programs allows students to find a program that is right for them in achieving their academic and professional goals. Though the school is referred to as a technical university, it offers programs in a variety of fields. The school also has a large number of minors available to help students augment their education. Graduate programs reflect the technical aspects of the school, focusing primarily on engineering and sciences.

Programs offered include:

• Accounting
• Liberal Arts
• Mathematics
• Psychology
• Forestry

Admissions and Financial Aid
Students may apply online to begin the admissions process at Michigan Technical University. Students will also provide transcripts and test scores, all of which will be used to determine whether or not students will be admitted to the university. Once all information has been received, it will be reviewed by the admission committee and final decision made well prior to the start of the fall semester.

Financial aid is available in the form of loans, grants, work study programs and scholarships. Students in need of financial assistance must complete the Free Application for Federal Student Aid (FAFSA) which will be used by the school to determine need, eligibility and awards. Students may be required to provide additional information regarding finances and taxes to ensure the accuracy o0f the provided information prior to the disbursement of funds. A number of scholarships are also available through private organizations which require separate applications and are awarded for a variety of reasons.

Athletics
The Michigan Tech Huskies participate in a number of intercollegiate athletic programs through the NCAA. These programs offer  students the opportunity to experience personal and group success in a healthy competitive environment. Students also learn the value of discipline, good health and teamwork while working toward a common goal.

Athletic programs offered:

• Basketball
• Cross Country
• Football
• Skiing
• Hockey
• Soccer
• Tennis
• Track and Field
• Volleyball

Students Enrolled in the Finance Program

Get more details below regarding enrollment, academics, and school demographics. Michigan Tech offers a bachelor's degree program in finance.

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

• Lansing-East Lansing, MI
  • Total Employment: 660
  • Average Hourly Rate: $52.89
  • Average Annual Salary: $110010

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

• Lansing-East Lansing, MI
  • Total Employment: 960
  • Average Hourly Rate: $31.82
  • Average Annual Salary: $66190

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

• Lansing-East Lansing, MI
  • Total Employment: 390
  • Average Hourly Rate: $33.70
  • Average Annual Salary: $70090

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

• Lansing-East Lansing, MI
  • Total Employment: 190
  • Average Hourly Rate: $48.06
  • Average Annual Salary: $99960

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

• Lansing-East Lansing, MI
  • Total Employment: 330
  • Average Hourly Rate: $29.49
  • Average Annual Salary: $61330

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).