Ann Arbor, MI (population: 113,880) has twenty-three banking schools within a 100-mile radius of its city center. Michigan State University, the highest ranked school in this group with a banking program, has a total student population of 47,071. It is the 45th highest ranked school in the USA and one of the highest in the state .
Banking students from Ann Arbor schools who go on to become bankers, tellers, investment bankers, financial managers, etc. have a good chance at finding employment. For example, there are 153,720 people working as financial specialists alone in the US, and their average annual salary is $64,810. Also, Business and financial operations employees make on average $65,900 per year and there are about 6,063,670 of them employed in the US today. In fact, in the Ann Arbor area alone, there are 8,000 employed business and financial operations employees earning an average salary of $61,640. Financial specialists in this area earn $55,820/yr and there are 380 employed.
Ann Arbor lies in Washtenaw county, which is one of the 62 counties in Michigan. Overall, the Ann Arbor area has 190,260 total employed workers according to the US Bureau of Labor Statistics, with a 1.3% unemployment rate, $23.53/hr average worker wage, and a $48,930 average annual salary. Thus, about 2.005 out of every 1000 jobs in Ann Arbor are held by financial specialists, and 42.065/1000 are held by business and financial operations employees.
Of the 23 banking schools with a 100-mile radius of Ann Arbor, only 11 have a student population over 10k. After taking into account tuition, living expenses, and financial aid, Trine University comes out as the most expensive ($21,209/yr) for banking students, with Terra State Community College as the lowest, reported at only $5,709/yr.
|Name||State||Population||# of Schools||Avg School Rank||Total Programs||Distance from Ann Arbor|
|Farmington Hills||MI||78,114||1||0.013626||0||23.0 miles|
|Dearborn Heights||MI||49,619||0||-||0||23.8 miles|
|West Bloomfield Township||MI||71,474||0||-||0||26.9 miles|
|Bloomfield Township||MI||41,179||0||-||0||31.3 miles|
|Royal Oak||MI||56,742||1||28.1635||4||33.6 miles|
|Madison Heights||MI||-||2||27.3656||17||35.0 miles|
|Auburn Hills||MI||-||2||5.8467||61||37.9 miles|
|Rochester Hills||MI||68,883||1||23.9536||51||39.7 miles|
|Sterling Heights||MI||127,075||1||28.9156||3||41.3 miles|
|Spring Arbor||MI||-||1||60.8655||91||42.4 miles|
|Saint Clair Shores||MI||59,971||1||11.5792||3||45.3 miles|
|Clinton Township||MI||-||2||7.68254||63||46.5 miles|
|East Lansing||MI||45,575||2||19.4594||4||49.7 miles|
|Battle Creek||MI||51,817||3||15.2077||137||76.8 miles|