Finance Degree

The finance program at Wayne 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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Wayne State University

801 W. Fort Street, Detroit, MI

Wayne State University (WSU) is located in the heart of Detroit, Michigan on a 200-acre campus.  Wayne State offers more than 350 different degree programs and majors at the undergraduate and graduate levels.  In addition to its main campus, Wayne State has a School of Medicine campus, which includes the Eugene Applebaum College of Pharmacy, and the Matthei Athletic Complex.

A national research university, Wayne State has a strong Division of Research with a dedicated research faculty and excellent resources for students including leadership, information, guidance and support.  Its long history of innovation to solve real-world problems has helped to earn WSU its status as a top research center and one of only two public universities to receive both the Carnegie "Very High Research" award and the "Community Engagement" honor.

History

The Medical College of Wayne State University was founded in 1868.  In 1917, a junior college and four other schools were established at the university on its extensive urban campus.  The colleges were organized into a university in the 1930s, and support from the state was initiated in the 1950s.

Academics

Wayne State University (WSU) has a fall, winter, spring and summer term.

WSU has 13 colleges and schools offering roughly 400 academic programs that include 126 bachelor's degree programs, 139 master's degree programs, 60 doctoral degree programs and 30 professional and certificate programs.

Colleges and Schools

• School of Business Administration
• College of Education
• College of Engineering
• School of Fine, Performing and Communication Arts
• Graduate School
• Irvin D. Reid Honors College
• Law School
• College of Liberal Arts and Sciences
• School of Library and Information Science
• School of Medicine
• College of Nursing
• Eugene Applebaum College of Pharmacy and Health Sciences
• School of Social Work

Student Life

There are many things to do on campus at Wayne State, including scaling a 30-foot climbing wall or volunteering with one of the many student organizations.  There are theatrical performances offered year-round, among many other activities for entertainment and recreation.  For a list of events and activities, students can visit the Dean of Students Office.

Other student services include the Academic Success Center, "OneCard" student ID card (which is also a discount card for purchases), the University Advising Center, and more.

Athletics

The Wayne State "Warriors" have 16 varsity teams competing in intercollegiate sports.

Men's Sports:

• Baseball
• Basketball
• Cross Country
• Fencing
• Football
• Golf
• Swimming & Diving
• Tennis

Women's Sports:

• Basketball
• Cross Country
• Fencing
• Ice Hockey
• Softball
• Swimming & Diving
• Tennis
• Volleyball

Community Life

Wayne State University's location in metro Detroit offers easy access to a wealth of culture, arts and entertainment.  There are nearby art shows, music festivals, and theatre performances and sports events.

Students Enrolled in the Finance Program

Get more details below regarding enrollment, academics, and school demographics. Wayne State University has offered the following program levels for students:

• Bachelor's Degree
• 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).