3 Affordable Online Finance Degrees in Michigan 2025

To work in financial services, you typically need to have some amount of higher education, usually a bachelor's degree. For students who can't make it on campus, there are many low-cost online colleges in Michigan that offer finance degrees.

These degrees teach core skills in financial management and analysis and cover topics like financial institutions and markets. Keep reading to learn more about the affordable online finance degrees that are available to students in Michigan.

Affordable Online Finance Degree Programs in Michigan

Michigan is one of the top 10 most expensive states for college tuition, and unfortunately, there are only a few affordable online finance degrees in the state. We've highlighted these below, all from schools that are regionally accredited through the Higher Learning Commission (HLC).

1. Baker College

Baker College is a private school in Owosso, MI. It offers both a bachelor's and a master's in finance online.

The Bachelor of Business Administration (BBA) in finance includes a core business education as well as coursework on topics like financial management, financial planning, investment management, and risk management.

The online bachelor's degree costs $450 per credit, and the college offers several financial aid programs. This includes the BeFree Tuition Guarantee, which covers all tuition costs for undergraduate students who qualify for the maximum Pell Grant award.

In the Master of Business Administration (MBA) in finance program, students learn about the latest developments, concepts, methods, and techniques used in the finance industry. The tuition rate is $600 per credit hour, and financial aid is available.

2. Siena Heights University

At Siena Heights University, students can earn an online Bachelor of Business Administration in finance. This program features electives that cover subjects like financial analysis, venture finance, financial markets, and more.

Siena Heights, a private Catholic university, is based in Adrian, MI. It charges $550 per credit hour, and financial aid is available to help students pay for their online learning.

3. University of Michigan-Flint

The University of Michigan-Flint offers a bachelor's and a master's in finance online. In the Bachelor of Business Administration in finance, students explore topics like investments, risk management, financial analysis, and international finance. Tuition is $568 per credit for in-state students and $626.27 per hour for out-of-state students.

The university offers the Go Blue Guarantee to undergraduates. This program covers the full tuition costs for Michigan residents who meet the eligibility requirements.

The online MBA program also includes a specialization in finance, which improves students' skills in financial management, risk management, investment analysis, and portfolio construction. Tuition is $875 per credit for in-state students and $1,091 per credit for out-of-state students.

Other Affordable Online Finance Programs

Although there are only a few affordable online finance programs in Michigan, there are many more across the U.S. We've highlighted some of these programs below, all from regionally accredited institutions.

1. Columbia College

An online bachelor's and a master's degree in finance are available at Columbia College. The private school is based in Columbia, MO.

The Bachelor of Science in finance offers core courses and electives on subjects such as corporate finance, personal finance, real estate, and financial planning. Tuition is $375 per credit hour, and scholarships are available, some specifically for online learners.

In the Master of Science in finance, students gain advanced technical knowledge and skills in various financial areas. The tuition rate is $490 per credit hour before financial aid is applied.

2. Empire State University

Empire State University is a public university in Saratoga Springs, NY. It offers a bachelor's and a master's degree in finance online.

In the bachelor's degree in business, management, and economics with a specialization in finance, the curriculum covers key principles in economics, financial and managerial accounting, business law, and more. In-state tuition is $3,535 per semester, and out-of-state tuition is $4,240 per semester.

The Master of Science in finance offers three concentrations: general finance, corporate finance, and international finance. Tuition for New York residents is $5,655 per semester, and for out-of-state residents, it's $6,785 per semester.

3. National University

Students at National University can earn an online bachelor's or master's degree in financial management. National University, a private institution, is headquartered in San Diego.

The Bachelor of Science in financial management includes risk management, financial planning, investments, and capital coursework. The tuition rate is $370 per credit hour, and financial aid, including numerous scholarships, is available.

In the MBA in financial management, students obtain a foundation in business with additional courses in areas like security analysis and international finance. Tuition for this business degree is $442 per credit hour, and financial aid is available for this program as well.

4. Southern New Hampshire University

Southern New Hampshire University offers a bachelor's and master's degree in finance. SNHU, based in Manchester, NH, is a private institution.

In the Bachelor of Science in finance, students take core courses on topics like corporate finance, financial markets, and financial regulations and can opt to pursue a concentration in financial planning. Tuition is $330 per credit hour.

The online Master of Science in finance offers two specializations: corporate finance and investments. The tuition rate is $637 per credit hour.

Our Selection Criteria

To choose the programs listed above, our team used a rigorous vetting process, ensuring that each one met the following criteria:

• Location: We started with schools located in Michigan, then looked at some popular low-cost programs outside of the state.
• Accreditation: We included only schools that are regionally accredited.
• Type: All schools listed above are four-year institutions and are either public or nonprofit private.
• Affordability: The programs we listed all have low tuition rates or offer financial aid that can significantly reduce tuition costs.

We also only included online schools that accept FAFSA, so online students can use federal or state financial aid to pay for their degrees.

FAQs About Low-Cost Online Programs in Finance

Below, we've answered some frequently asked questions about low-cost online programs in finance.

What Can I Expect From an Online Finance Degree Program?

Most online finance degrees offer asynchronous courses, meaning you do the work on your own time. This is far more flexible than having to appear in person on campus at specific times.

Bachelor's degrees usually take four years to complete�two years in general education courses, and two focused on the major. You'll take courses on topics like financial management, financial institutions, financial planning, forecasting and risk management, and more.

Master's degrees offer an advanced education in finance. These can vary in length, but two years is about average.

Are Online Finance Degrees Worth It?

For many students, an online finance degree is worth it. These degrees provide you with the education needed for career paths in financial services, like:

• financial advisor
• financial analyst
• financial examiner
• investment banker
• real estate agent
• stockbroker

Many of these career paths are in high demand according to the Bureau of Labor Statistics (BLS).

How Much Does It Cost To Get a Finance Degree Online?

Of the bachelor's programs listed above, the cost ranges from $330 to $568 per credit hour. However, your total cost will depend on several factors. These include what level of degree you're earning, if you're an in-state or out-of-state student, whether you study full-time or part-time, and what financial aid you qualify for.

If you already have college credits or an associate degree, look for online colleges that accept transfer credits, and you will be able to reduce the amount of time you have left and the amount you pay.

Discover Accredited Online Colleges Today

Start your journey toward a career in finance today by exploring the affordable online bachelor's degrees featured on Learn.org. Contact individual schools for more information on admissions, enrollment, and financial aid opportunities.