Grand Rapids, MI (population: 193,337) has three banking schools within its city limits. Cornerstone University, the highest ranked school in the city with a banking program, has a total student population of 2,606. It is the 400th highest ranked school in the USA and the 9th highest in the state of Michigan (#1 is Kalamazoo College).
Banking students from Grand Rapids 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 Grand Rapids-Wyoming area alone, there are 16,140 employed business and financial operations employees earning an average salary of $58,630. Financial specialists in this area earn $50,710/yr and there are 630 employed.
Grand Rapids lies in Kent county, which is one of the 62 counties in Michigan. Overall, the Grand Rapids-Wyoming area has 364,520 total employed workers according to the US Bureau of Labor Statistics, with a 1.1% unemployment rate, $19.57/hr average worker wage, and a $40,710 average annual salary. Thus, about 1.732 out of every 1000 jobs in Grand Rapids are held by financial specialists, and 44.275/1000 are held by business and financial operations employees.
Of the 3 banking schools in Grand Rapids, only 1 has a student population over 10k. After taking into account tuition, living expenses, and financial aid, University of Phoenix-West Michigan Campus comes out as the most expensive ($26,289/yr) for banking students, with Davenport University as the lowest, reported at only $14,135/yr.
|Name||State||Population||# of Schools||Avg School Rank||Total Programs||Distance from Grand Rapids|
|Battle Creek||MI||51,817||3||15.2077||137||50.6 miles|
|East Lansing||MI||45,575||2||19.4594||4||61.7 miles|
|Spring Arbor||MI||-||1||60.8655||91||76.9 miles|
|Notre Dame||IN||-||1||49.129||10||91.8 miles|
|South Bend||IN||103,173||4||21.2634||164||93.9 miles|
|University Center||MI||-||2||19.8891||261||94.1 miles|