Finance Schools
In Detroit, Michigan

In Detroit, there is only one finance school where finance faculty can find employment. The graphs, statistics and analysis below outline the current state and the future direction of academia in finance in the city of Detroit, which encompasses finance training at the following levels:

  • Bachelors degree in Finance
  • Masters degree in Finance


Statistics

Professional Trends

Detroit Vs. Michigan Finance Employment

Detroit 11,240
Michigan 66,470

Exactly 11,240 of Michigan's 66,470 finance professionals work in Detroit. There has been a 1% decline in the number of finance professionals in Detroit between the years 2006 and 2010. As the employment for finance professionals in Detroit has decreased, overall employment in Detroit has increased.

Detroit Vs. Michigan Finance employment growth

72,830 71,730 72,400 69,140 66,470
11,360 15,390 13,730 11,780 11,240
2006 2007 2008 2009 2010
  • Grey: Michigan
  • Dark Yellow: Detroit

Finance VS. All professions salaries in Detroit

$68,740 $68,510 $68,127 $70,380 $68,386
$46,670 $47,590 $46,920 $46,900 $47,530
2006 2007 2008 2009 2010
  • Light Blue: Finance in Detroit
  • Dark Yellow: All Professions in Detroit

Salaries for finance professionals in Detroit have decreased. In 2010 Detroit finance professionals earned an average yearly salary of $68,386. Finance professionals in Detroit made a yearly average salary of $68,740, four years earlier in 2006. The decline in the salary of finance professionals in Detroit is slower than the salary trend for all careers in the city.

Salary percentiles for Finance professionals in Detroit

10th percentile
$40,951
25th percentile
$48,407
50th percentile
$60,786
75th percentile
$82,046
90th percentile
$96,860

Detroit finance professionals earn a median yearly salary of $60,786. The 10% of finance professionals in the lowest pay bracket earn less than $40,951 per year, while those in the highest pay bracket earn approximately 137% higher salaries.

Average Salaries for Finance professionals and related professions in Detroit

Accounting
$43,572
Finance
$68,386
Risk Management
$69,960
Business Administration
$98,535
Business
$100,254
International Business
$100,932
Marketing
$101,190
Business Management
$114,933
Small Business
$120,550

Detroit finance professionals have earnings that are lower than the salaries earned by others in related fields, on average.

Educational Trends

Finance schools in Detroit

1

Many of Detroit's finance professionals are graduates of the only accredited finance school in the city.

Finance Programs Offered In Detroit

associate
0
bachelor
1
master
1
doctor
0
Certificate
0
Total2

There are a total of 2 degree and certificate programs in finance offered by Detroit's finance schools.

Student Completed Finance Degrees In Detroit

associate
0
bachelor
79
master
8
doctor
0
Certificate
0
Total87

Approximately 87 students completed finance courses in 2010.

Finance Faculty Salaries in Detroit, Michigan

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Currently we are in the process of collecting data for the number of finance faculty in Detroit, growth in the field of finance academia and faculty salaries in Detroit. Please enter your information in the form below if you are involved in teaching finance courses to students at the bachelors degree in finance, and masters degree in finance levels. This will help us build a valuable free database resource for the benefit of current and future faculty in the field of finance in Detroit. All information you submit will be anonymous. Once you have submitted your information, you will be able to view a summary of some of the data we have collected so far.

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