MI Student Financial Services Bureau: SSFSB - MI
Michigan is known to many as the birthplace of the automobile industry in the United States. Detroit is the hub of the automotive industry, while smaller cities throughout the state, such as Pontiac, Lansing and Flint are highly involved in production as well. But Michigan is more than just cars. Grand Rapids is famous for its furniture manufacturing. Battle Creek leads the way in cereal and food processing production, and Midland is known for its manufacturing of chemicals, plastics and synthetic fibers. The pharmaceutical industry is also well established in Michigan, both in the upper peninsula and the southern part of the state. Michigan's outstanding system of higher education provides many well-qualified graduates with successful careers in these top industries. The University of Michigan in Ann Arbor and Michigan State in East Lansing are two of the finest research universities in the nation.
College graduates with degrees in engineering and technology always will find opportunities at Ford and General Motors, two of the largest manufacturers of automobiles in the world. But don't forget TRW Holdings and Visteon, both Fortune 500 companies that design and supply parts and systems to the automotive industry. Other Fortune 500 companies located in the state, such as Dow Chemical, Whirlpool, Kellogg and Ally Financial, offer a diverse range of careers with high salaries. According to the Federal Bureau of Labor Statistics, chemical engineers have an average salary of $82,960. Financial managers can expect to make $105,720 per year. With all of these great companies to work for, Michigan is a great place to get an education.
For those who want to stay competitive in an increasingly competitive workforce, Michigan offers many opportunities. Careers can be found in the automotive, chemical, and pharmaceutical industries that do business in the state. In recent years Michigan also has sought to broaden its manufacturing base by offering incentives to high technology companies as well as promoting the service sectors of its economy.