by our College Data Analytics Team
When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Schools Highly Focused on Finance Major in the Great Lakes Region” ranking is part of that endeavor.
In 2021-2022, 51,658 people earned their degree in finance, making the major the 11th most popular in the United States.
Across the Great Lakes region, there were 9,545 finance graduates with average earnings and debt of $0 and $0 respectively.
For this year’s “Schools Highly Focused on Finance Major in the Great Lakes Region” ranking, we looked at 146 colleges that offer a degree in finance. This a ranking of the schools where the largest percentage of students has enrolled in finance.
For more information, check out our ranking methodology.
The finance school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Schools Highly Focused on Finance Major in the Great Lakes Region”.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
The colleges and universities below are the best for great lakes region finance students.
You’ll be in good company if you decide to attend Walsh College. It ranked #1 on our 2023 Schools Highly Focused on Finance Major in the Great Lakes Region list. Located in Troy, Michigan, this small private not-for-profit school handed out 57 diplomas to qualified ’s finance students in 2021-2022.
The undergrad student loan default rate at the school is 0.4%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend Saint Norbert College. It ranked #2 on our 2023 Schools Highly Focused on Finance Major in the Great Lakes Region list. De Pere, Wisconsin is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 51 students in 2021-2022.
The low undergrad student loan default rate of 1.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Out of the 146 schools in the Schools Highly Focused on Finance Major in the Great Lakes Region that were part of this year’s ranking, University of Notre Dame landed the #3 spot on the list. Notre Dame, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 306 students in 2021-2022.
The undergrad student loan default rate at the school is 0.2%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 98%, which means students like the school well enough to return for a second year. Since the school has a undergrad student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Out of the 146 schools in the Schools Highly Focused on Finance Major in the Great Lakes Region that were part of this year’s ranking, Wittenberg University landed the #4 spot on the list. Wittenberg University is a private not-for-profit institution located in Springfield, Ohio. The school has a small population, and it awarded 10 ’s degrees in 2021-2022.
The undergrad student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend Butler University. It ranked #5 on our 2023 Schools Highly Focused on Finance Major in the Great Lakes Region list. Butler is a medium-sized school located in Indianapolis, Indiana that handed out 120 ’s finance degrees in 2021-2022.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%.
Quincy University came in at #6 in this year’s edition of the Schools Highly Focused on Finance Major in the Great Lakes Region ranking. This small school is located in Quincy, Illinois, and it awarded 15 ’s finance degrees in 2021-2022.
The low undergrad student loan default rate of 2.2% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Case Western Reserve University ranked #7 on this year’s Schools Highly Focused on Finance Major in the Great Lakes Region list. Case Western is located in Cleveland, Ohio and, has a fairly large student population. In 2021-2022, this school awarded 200 ’s finance degrees to qualified students.
The school has an impressive undergrad student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The undergraduate student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Lake Forest College did quite well in the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region ranking, coming in at #8. Lake Forest is a small private not-for-profit school situated in Lake Forest, Illinois. It awarded 30 ’s finance degrees in 2021-2022.
The undergrad student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students.
University of Wisconsin - La Crosse ranked #9 on this year’s Schools Highly Focused on Finance Major in the Great Lakes Region list. Located in La Crosse, Wisconsin, this fairly large public school awarded 192 degrees to qualified ’s finance students in 2021-2022.
The undergrad student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%.
University of Wisconsin - Whitewater came in at #10 in this year’s edition of the Schools Highly Focused on Finance Major in the Great Lakes Region ranking. University of Wisconsin - Whitewater is a fairly large school located in Whitewater, Wisconsin that handed out 200 ’s finance degrees in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%.
Read more about Finance at University of Wisconsin - Whitewater
Hillsdale College landed the #11 spot on the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region ranking. Hillsdale College is located in Hillsdale, Michigan and, has a small student population. In 2021-2022, this school awarded 25 ’s finance degrees to qualified students.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The undergraduate student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
With a ranking of #12, Miami University - Oxford did quite well on the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region list. This fairly large school is located in Oxford, Ohio, and it awarded 348 ’s finance degrees in 2021-2022.
The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.
Northwood University came in at #13 in this year’s edition of the Schools Highly Focused on Finance Major in the Great Lakes Region ranking. This small school is located in Midland, Michigan, and it awarded 52 ’s finance degrees in 2021-2022.
Since the school has a undergrad student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low undergrad student loan default rate of 2.1% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
Franklin College landed the #14 spot on the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region ranking. Franklin College of Indiana is a small school located in Franklin, Indiana that handed out 6 ’s finance degrees in 2021-2022.
The low undergrad student loan default rate of 1.8% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
University of Dayton landed the #15 spot on the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region ranking. UDayton is a private not-for-profit institution located in Dayton, Ohio. The school has a fairly large population, and it awarded 187 ’s degrees in 2021-2022.
The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 0.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Augustana College ranked #16 on this year’s Schools Highly Focused on Finance Major in the Great Lakes Region list. Augustana College is a private not-for-profit institution located in Rock Island, Illinois. The school has a small population, and it awarded 27 ’s degrees in 2021-2022.
The low undergrad student loan default rate of 1.1% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.
Marquette University ranked #17 on this year’s Schools Highly Focused on Finance Major in the Great Lakes Region list. Marquette is a private not-for-profit institution located in Milwaukee, Wisconsin. The school has a fairly large population, and it awarded 175 ’s degrees in 2021-2022.
The low undergrad student loan default rate of 0.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.
John Carroll University ranked #18 on this year’s Schools Highly Focused on Finance Major in the Great Lakes Region list. Located in University Heights, Ohio, this small private not-for-profit school handed out 89 diplomas to qualified ’s finance students in 2021-2022.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The undergrad student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%.
University of Indianapolis ranked #19 on this year’s Schools Highly Focused on Finance Major in the Great Lakes Region list. This medium-sized school is located in Indianapolis, Indiana, and it awarded 66 ’s finance degrees in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%.
Illinois College landed the #20 spot on the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region ranking. Illinois College is a small private not-for-profit school situated in Jacksonville, Illinois. It awarded 15 ’s finance degrees in 2021-2022.
The undergrad student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%.
Xavier University came in at #21 in this year’s edition of the Schools Highly Focused on Finance Major in the Great Lakes Region ranking. Xavier University is a medium-sized private not-for-profit school situated in Cincinnati, Ohio. It awarded 77 ’s finance degrees in 2021-2022.
The low undergrad student loan default rate of 1.0% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Illinois Wesleyan University landed the #22 spot on the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region ranking. This small school is located in Bloomington, Illinois, and it awarded 29 ’s finance degrees in 2021-2022.
The undergrad student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
Ohio State University - Main Campus came in at #23 in this year’s edition of the Schools Highly Focused on Finance Major in the Great Lakes Region ranking. Ohio State is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 813 ’s degrees in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students.
Read full report on Finance at Ohio State University - Main Campus
Marietta College landed the #24 spot on the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region ranking. Marietta College is located in Marietta, Ohio and, has a small student population. In 2021-2022, this school awarded 10 ’s finance degrees to qualified students.
The school has an impressive undergrad student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
With a ranking of #25, Taylor University did quite well on the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region list. Located in Upland, Indiana, this small private not-for-profit school awarded 16 diplomas to qualified ’s finance students in 2021-2022.
The undergrad student loan default rate at the school is 0.4%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.
Read more about our data sources and methodologies
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