Michigan·Business and Financial Operations Occupations·SOC 13-2041

Best Credit Analyst programs in Michigan, ranked by enrollment

Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money.

40 schools in Michigan run programs that feed this job, graduating 3,075 people a year. The job pays a median of $74,640 in Michigan across about 1,510 jobs (BLS OEWS May 2025).

Also calledCredit AnalystCredit OfficerCredit AdministratorCredit RepresentativeFactorerCredit ManagerCredit NegotiatorCredit Specialist
Graduates / yr
3,075
in Michigan
Median pay · Michigan
$74,640
BLS OEWS May 2025
Jobs in state
1,510
people employed
Schools
40
with a feeder program
Avg graduation rate
54%
across those schools
Median net price
$20,357
per year, IPEDS

Fields of study in Michigan that lead to this job

Grouped at the 4-digit CIP level. Numbers are graduates per year in this state.

2 programs in Michigan that lead to this job

Ranked by graduates per year in Michigan (IPEDS completions). Graduate earnings and debt are national College Scorecard figures reported at the 4-digit CIP level, so specializations within one field share a figure. Each program also links to its own Michigan page.

Degree programs that lead to this occupation, ranked by graduates per year
#ProgramGraduates / yrShare of pipelineSchoolsGrad earnings (1 yr)Median debt
1
CIP 52.0301In Michigan
1,539
50.0%
39$51,824$24,433
2
CIP 52.0801In Michigan
1,536
50.0%
30$53,572$23,672

Top 25 schools in Michigan

Ranked by graduates per year into this job. Graduate earnings are reported for 22 of the 40 schools in this state.

Schools ranked by graduates per year into this occupation
#SchoolGraduates / yrTop feeder programGrad earnings (1 yr)Grad rateNet priceAcceptance
1Michigan State University
East Lansing, MI Public · 2 feeder programs
557Finance, General$68,10381%85%
2Western Michigan University
Kalamazoo, MI Public · 2 feeder programs
366Finance, General$50,78758%85%
3Grand Valley State University
Allendale, MI Public · 2 feeder programs
336Finance, General$52,87267%83%
4Wayne State University
Detroit, MI Public · 2 feeder programs
278Finance, General$56,80458%81%
5Oakland University
Rochester Hills, MI Public · 2 feeder programs
181Finance, General$61,80458%88%
6Walsh College
Troy, MI Private not-for-profit · 2 feeder programs
125Accounting$61,960
7University of Michigan - Dearborn
Dearborn, MI Public · 2 feeder programs
121Finance, General$58,43858%56%
8Eastern Michigan University
Ypsilanti, MI Public · 2 feeder programs
120Accounting$57,50046%80%
9Northwood University
Midland, MI Private not-for-profit · 2 feeder programs
120Accounting$45,21763%$24,98665%
10Davenport University
Grand Rapids, MI Private not-for-profit · 2 feeder programs
115Accounting$49,97057%$22,12698%
11University of Michigan - Flint
Flint, MI Public · 2 feeder programs
79Accounting$45,55340%70%
12Central Michigan University
Mount Pleasant, MI Public · 2 feeder programs
77Accounting$62,43059%90%
13Saginaw Valley State University
University Center, MI Public · 2 feeder programs
67Accounting$53,41648%72%
14Calvin University
Grand Rapids, MI Private not-for-profit · 2 feeder programs
53Accounting$48,63774%$22,39171%
15Northern Michigan University
Marquette, MI Public · 2 feeder programs
53Finance, General$57,28152%84%
16Hillsdale College
Hillsdale, MI Private not-for-profit · 2 feeder programs
42Finance, General90%21%
17Baker College
Owosso, MI Private not-for-profit · 2 feeder programs
40Accounting$46,47136%$15,49382%
18Michigan Technological University
Houghton, MI Public · 2 feeder programs
38Accounting68%92%
19Henry Ford College
Dearborn, MI Public · 1 feeder programs
36Accounting17%
20Cornerstone University
Grand Rapids, MI Private not-for-profit · 2 feeder programs
31Finance, General62%$21,13278%
21Adrian College
Adrian, MI Private not-for-profit · 2 feeder programs
25Finance, General48%$20,35773%
22Siena Heights University
Adrian, MI Private not-for-profit · 1 feeder programs
23Accounting$49,36139%$17,01569%
23Albion College
Albion, MI Private not-for-profit · 2 feeder programs
22Finance, General$59,92662%$16,53781%
24Lake Superior State University
Sault Ste Marie, MI Public · 2 feeder programs
21Finance, General51%
25Grand Rapids Community College
Grand Rapids, MI Public · 1 feeder programs
16Accounting$35,53821%

All 40 schools in Michigan

Every school in Michigan with a program that feeds this job, ordered by graduates per year. Earnings are shown for the ranked schools above; open a school profile for the rest.

All schools in Michigan that feed this occupation
SchoolCityControlGraduates / yrFeeder programs
Michigan State UniversityEast LansingPublic5572
Western Michigan UniversityKalamazooPublic3662
Grand Valley State UniversityAllendalePublic3362
Wayne State UniversityDetroitPublic2782
Oakland UniversityRochester HillsPublic1812
Walsh CollegeTroyPrivate not-for-profit1252
University of Michigan - DearbornDearbornPublic1212
Eastern Michigan UniversityYpsilantiPublic1202
Northwood UniversityMidlandPrivate not-for-profit1202
Davenport UniversityGrand RapidsPrivate not-for-profit1152
University of Michigan - FlintFlintPublic792
Central Michigan UniversityMount PleasantPublic772
Saginaw Valley State UniversityUniversity CenterPublic672
Calvin UniversityGrand RapidsPrivate not-for-profit532
Northern Michigan UniversityMarquettePublic532

What credit analysts earn in Michigan

What people already working in this job earn (BLS OEWS May 2025). Not graduate earnings.

Median annual in Michigan
$74,640
Mean annual
$77,940
Jobs in state
1,510
What the range looks like
10th pct$51,170Median$74,64090th pct$108,870
Versus the national median
-10.6%

U.S. median $83,510. Michigan pays below the national figure.

Job concentration
0.83×

1.00× means the state has its expected share of these jobs.

Metro areas in Michigan

Detroit-Warren-Dearborn, MI
$74,640median
870 jobs
Ann Arbor, MI
$77,070median
30 jobs
Lansing-East Lansing, MI
$72,700median
40 jobs
Kalamazoo-Portage, MI
$67,940median
30 jobs
Grand Rapids-Wyoming-Kentwood, MI
$63,220median
210 jobs

Job outlook

Bureau of Labor Statistics Employment Projections, 2024 to 2034.

Projected growth 2024–34
-4.4%
Decline
Openings per year
3,700
new jobs plus replacements
Employment change
-3,000
67,800 → 64,800
Typical entry education
Bachelor's degree

Growth and openings are national. The Bureau of Labor Statistics does not publish employment projections at state level, so these figures describe the occupation across the whole U.S., not this state alone.

How to get in

The full skills, tools, and day-to-day breakdown lives on the national Credit Analysts page.

How to become a Credit Analyst

Job zone 4 of 5 · SVP 7.0 to < 8.0
Typical entry education
Bachelor's degree

Most of these occupations require a four-year bachelor's degree, but some do not.

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Top skills

Critical ThinkingReading ComprehensionActive LearningSpeakingActive ListeningMathematics

The same job in other states

Where else this occupation employs the most people, and what it pays there.

Related careers in Michigan

Every major mapped to this job

The official federal mapping behind the rankings above.

All 4 majors mapped to Credit Analysts4 of them graduated someone in the latest IPEDS year. NCES CIP 2020 → SOC 2018 crosswalk.+
  • 52.0301Accounting
  • 52.0801Finance, General
  • 52.0809Credit Management
  • 52.0810Financial Risk Management

Common questions

Answers for people weighing credit analysts programs in Michigan.

What degree do you need to become a Credit Analyst?+

Bachelor's degree is the typical entry-level education BLS reports for this occupation. The most common program people actually graduate from is Accounting, which awarded 1,539 degrees in Michigan in 2024-25, 50.0% of everyone graduating from a program that feeds this career.

Which college majors lead to becoming a Credit Analyst?+

The NCES CIP-to-SOC crosswalk maps 2 programs to this occupation. The largest are Accounting and Related Services, Finance and Financial Management Services. Together they graduate about 3,075 people a year in Michigan.

How much do credit analysts earn in Michigan?+

The median is $74,640 a year (BLS OEWS May 2025). That is 10.6% below the U.S. median of $83,510. This is pay for people already working in the occupation, not the same thing as graduate earnings one year after finishing a degree.

Is demand for credit analysts growing?+

BLS projects a -4.4% change in employment between 2024 and 2034, decline, with roughly 3,700 openings a year nationally once retirements and job changes are counted.

How many schools offer programs for this career in Michigan?+

40 institutions in Michigan reported graduates from at least one of the 2 programs that feed this occupation in IPEDS 2024-25. Rankings on this page use graduates per year, because the federal data publishes no enrollment count by program.

What other job titles do credit analysts work under?+

Employers advertise this work under many names. O*NET records Credit Analyst, Credit Officer, Credit Administrator, Credit Representative among the most commonly reported, all mapping to SOC 13-2041.

Programs in MichiganAccountingFinance, General

About the data on this page

Rankings use IPEDS completions 2024–25, degrees awarded per year. That is the closest federal measure of how many people a program puts into a career, because no federal dataset publishes enrollment by program. Wages and employment come from BLS OEWS May 2025, growth and openings from BLS Employment Projections 2024-34, and which majors lead to which jobs from the NCES CIP 2020 to SOC 2018 crosswalk. Occupation descriptions, tasks, skills and tools are O*NET 30.3 (CC BY 4.0, U.S. Department of Labor/ETA).

  • BLS Occupational Employment & Wage Statistics

    May 2025

    Wages, employment counts, location quotients and metro breakdowns.

  • BLS Employment Projections

    2024–34

    Projected growth, annual openings and typical entry-level education.

  • IPEDS Completions

    2024-25 (provisional)

    Graduates per year by program and institution — the ranking metric.

  • College Scorecard, Field of Study

    2020-21 cohorts

    Median graduate earnings one year after completion, and median debt.

  • Census Post-Secondary Employment Outcomes

    latest available

    Graduate earnings 1/5/10 years out, where the state participates.

  • NCES CIP 2020 and the CIP-to-SOC 2018 crosswalk

    CIP 2020 / SOC 2018

    Which college programs officially lead to this occupation.

  • O*NET Database 30.3

    30.3

    Tasks, skills, knowledge, tools, job zone and alternate job titles.

    Official source →CC BY 4.0, U.S. Department of Labor / ETA

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