Finance Schools
In Grand Rapids, Michigan
Finance faculty can choose to work at one of 4 finance schools in Grand Rapids. Below are statistics and other relevant data to help analyze the state of finance and finance education in Grand Rapids, which includes finance training at the following levels:
- Finance Certificate
- Associates degree in Finance
- Bachelors degree in Finance
- Masters degree in Finance
Statistics
Professional Trends
Grand Rapids Vs. Michigan Finance Employment
| Grand Rapids | 6,250 |
| Michigan | 66,470 |
Of the 66,470 finance professionals employed in Michigan, 6,250 work in Grand Rapids. The number of finance professionals in Grand Rapids has shrunk by 10% from 2006 to 2010. As the number of finance professionals in Grand Rapids has decreased, overall employment in Grand Rapids has increased.
Grand Rapids Vs. Michigan Finance employment growth
| 72,830 | 71,730 | 72,400 | 69,140 | 66,470 |
| 6,960 | 6,220 | 6,930 | 6,390 | 6,250 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Michigan
- Dark Yellow: Grand Rapids
Finance VS. All professions salaries in Grand Rapids
| $59,396 | $62,605 | $63,722 | $58,101 | $59,918 |
| $38,060 | $39,250 | $40,460 | $40,710 | $41,010 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Finance in Grand Rapids
- Dark Yellow: All Professions in Grand Rapids
Salaries for finance professionals in Grand Rapids have increased. In 2010 finance professionals in Grand Rapids reportedly earned an average salary of $59,918 per year. Four years earlier in 2006, finance professionals in Grand Rapids made an average salary of $59,396 per year. This growth is slower than the salary trend for all careers in Grand Rapids.
Salary percentiles for Finance professionals in Grand Rapids
10th percentile |
$34,408 |
25th percentile |
$42,318 |
50th percentile |
$54,088 |
75th percentile |
$69,454 |
90th percentile |
$92,212 |
Finance professionals in Grand Rapids earn a median salary of $54,088 per year. The 10% of finance professionals in the lowest pay bracket earn less than $34,408 per year, while those in the highest pay bracket earn approximately $92,212 per year.
Average Salaries for Finance professionals and related professions in Grand Rapids
Accounting |
$43,087 |
Risk Management |
$54,030 |
Finance |
$59,918 |
Business |
$85,468 |
Business Administration |
$87,135 |
International Business |
$90,744 |
Business Management |
$98,231 |
Small Business |
$103,210 |
Marketing |
$103,910 |
Finance professional salaries in Grand Rapids are, on average, lower than salaries earned for professionals in related fields.
Educational Trends
Finance schools in Grand Rapids
There are 4 accredited finance schools in the city. Many of Grand Rapids' finance professionals are graduates of one of these schools.
Finance Programs Offered In Grand Rapids
associate |
1 |
bachelor |
4 |
master |
0 |
doctor |
0 |
Certificate |
1 |
| Total | 6 |
Grand Rapids' finance schools offer 6 finance degree and certificate programs.
Student Completed Finance Degrees In Grand Rapids
associate |
5 |
bachelor |
55 |
master |
0 |
doctor |
0 |
Certificate |
7 |
| Total | 67 |
Approximately 67 students graduated from finance courses in 2010.