by our College Data Analytics Team
Students have lots of options to chooose from today when trying to decide which college to attend. 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, 54,690 people earned their degree in finance & financial management, making the major the 14th most popular in the United States. In , finance & financial management graduates who were awarded their degree in , earned an average of $53,704 and had an average of $24,189 in loans still to pay off.
Across the Great Lakes region, there were 9,998 finance & financial management graduates with average earnings and debt of $52,087 and $23,594 respectively.
This year’s “Schools Highly Focused on Finance Major in the Great Lakes Region” ranking looked at 165 colleges that offer degrees in a bachelor’s in finance & financial management. That schools that top this list have a program in finance & financial management in which the largest percentage of students at the school are enrolled.
See our ranking methodology to learn more.
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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
The colleges and universities below are the best for great lakes region finance students.
Out of the 165 schools in the Schools Highly Focused on Finance Major in the Great Lakes Region that were part of this year’s ranking, Walsh College landed the #1 spot on the list. Troy, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 57 students in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 0.4%, which is much lower than the national rate of 10.1%.
Out of the 165 schools in the Schools Highly Focused on Finance Major in the Great Lakes Region that were part of this year’s ranking, Saint Norbert College landed the #2 spot on the list. Located in De Pere, Wisconsin, this small private not-for-profit school awarded 51 diplomas to qualified ’s finance students in 2021-2022.
The undergrad student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Finance & Financial Management at Saint Norbert College
You’ll join some of the best and brightest minds around if you attend University of Notre Dame. The school came in at #3 for the Schools Highly Focused on Finance Major in the Great Lakes Region. Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 306 ’s finance degrees in 2021-2022.
With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 98%, the school does an excellent job of retaining its undergraduate students. 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%.
Read full report on Finance & Financial Management at University of Notre Dame
You’ll join some of the best and brightest minds around if you attend Wittenberg University. The school came in at #4 for the Schools Highly Focused on Finance Major in the Great Lakes Region. Wittenberg 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%.
Read more about Finance & Financial Management at Wittenberg University
You’ll join some of the best and brightest minds around if you attend Butler University. The school came in at #5 for the Schools Highly Focused on Finance Major in the Great Lakes Region. Butler is located in Indianapolis, Indiana and, has a medium-sized student population. In 2021-2022, this school awarded 120 ’s finance degrees to qualified students.
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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students.
Full Butler University Finance & Financial Management Report
Quincy University landed the #6 spot on the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region ranking. Quincy U is a small private not-for-profit school situated in Quincy, Illinois. It awarded 15 ’s finance degrees in 2021-2022.
The undergrad student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 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 Reserve University is a fairly large school located in Cleveland, Ohio that handed out 200 ’s finance degrees in 2021-2022.
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 low undergrad student loan default rate of 0.8% 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%. With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read more about Finance & Financial Management at Case Western
Lake Forest College landed the #8 spot on the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region ranking. Lake Forest College is a small school located in Lake Forest, Illinois that handed out 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.
Read more about Finance & Financial Management at Lake Forest
University of Wisconsin - La Crosse landed the #9 spot on the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region ranking. University of Wisconsin - La Crosse is a fairly large school located in La Crosse, Wisconsin that handed out 192 ’s finance 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%.
Read full report on Finance & Financial Management at UW - La Crosse
With a ranking of #10, John Carroll University did quite well on the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region list. This small school is located in University Heights, Ohio, and it awarded 103 ’s finance 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%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Read full report on Finance & Financial Management at John Carroll University
University of Wisconsin - Whitewater landed the #11 spot on the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region ranking. Whitewater, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out ’s finance degrees to 200 students 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%.
Read full report on Finance & Financial Management at UW - Whitewater
Hillsdale College ranked #12 on this year’s Schools Highly Focused on Finance Major in the Great Lakes Region list. Hillsdale, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 25 students in 2021-2022.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. With a undergrad student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read full report on Finance & Financial Management at Hillsdale College
Miami University - Oxford came in at #13 in this year’s edition of the Schools Highly Focused on Finance Major in the Great Lakes Region ranking. Miami University - Oxford is a fairly large school located in Oxford, Ohio that handed out 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%.
Full Miami University - Oxford Finance & Financial Management Report
Northwood University ranked #14 on this year’s Schools Highly Focused on Finance Major in the Great Lakes Region list. This small school is located in Midland, Michigan, and it awarded 52 ’s finance degrees in 2021-2022.
The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. 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%. 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.
Read full report on Finance & Financial Management at Northwood University
Franklin College came in at #15 in this year’s edition of the Schools Highly Focused on Finance Major in the Great Lakes Region ranking. Located in Franklin, Indiana, this small private not-for-profit school awarded 6 degrees to qualified ’s finance students 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%.
Read full report on Finance & Financial Management at Franklin College of Indiana
University of Dayton came in at #16 in this year’s edition of the Schools Highly Focused on Finance Major in the Great Lakes Region ranking. University of Dayton 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.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%. The school has an impressive undergrad student loan default rate. It’s only 0.5%, which is much lower than the national rate of 10.1%.
Read more about Finance & Financial Management at University of Dayton
Augustana College came in at #17 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 Rock Island, Illinois, and it awarded 27 ’s finance degrees in 2021-2022.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. 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%.
Full Augustana College Finance & Financial Management Report
Marquette University came in at #18 in this year’s edition of the Schools Highly Focused on Finance Major in the Great Lakes Region ranking. Marquette is a fairly large private not-for-profit school situated in Milwaukee, Wisconsin. It awarded 175 ’s finance degrees 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%. 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 full report on Finance & Financial Management at Marquette
University of Indianapolis ranked #19 on this year’s Schools Highly Focused on Finance Major in the Great Lakes Region list. UIndy is located in Indianapolis, Indiana and, has a medium-sized student population. In 2021-2022, this school awarded 66 ’s finance degrees to qualified students.
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%.
Read full report on Finance & Financial Management at University of Indianapolis
Illinois College ranked #20 on this year’s Schools Highly Focused on Finance Major in the Great Lakes Region list. Illinois College is a private not-for-profit institution located in Jacksonville, Illinois. The school has a small population, and it awarded 15 ’s degrees in 2021-2022.
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%.
Read more about Finance & Financial Management at Illinois College
Xavier University did quite well in the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region ranking, coming in at #21. Xavier is a medium-sized school located in Cincinnati, Ohio that handed out 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%.
Read full report on Finance & Financial Management at Xavier University
Saint Xavier University ranked #22 on this year’s Schools Highly Focused on Finance Major in the Great Lakes Region list. Located in Chicago, Illinois, this small private not-for-profit school handed out 39 degrees to qualified ’s finance students in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%.
Read more about Finance & Financial Management at Saint Xavier University
Illinois Wesleyan University landed the #23 spot on the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region ranking. Illinois Wesleyan is located in Bloomington, Illinois and, has a small student population. In 2021-2022, this school awarded 29 ’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 85%, which means students like the school well enough to return for a second year.
Read more about Finance & Financial Management at Illinois Wesleyan
Ohio State University - Main Campus did quite well in the 2023 Schools Highly Focused on Finance Major in the Great Lakes Region ranking, coming in at #24. Ohio State University - Main Campus is a large school located in Columbus, Ohio that handed out 813 ’s finance degrees in 2021-2022.
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%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Read full report on Finance & Financial Management at Ohio State
Marietta College ranked #25 on this year’s Schools Highly Focused on Finance Major in the Great Lakes Region list. Marietta is a small school located in Marietta, Ohio that handed out 10 ’s finance degrees in 2021-2022.
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. 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%.
Read more about our data sources and methodologies
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