Dr. Michael Hughes

Dr. Michael Hughes

Professor of Finance

Office: FH 264
Phone: 843-661-1422


Ph.D., University of Central Florida
M.B.A., University of Central Florida
B.S.E.T., University of Central Florida
A.A., Brevard Community College
A.S., Community College of the Air Force

Areas of Expertise


  • Business/Corporate Finance
  • Financial Markets
  • Real Estate Finance
  • Investments


  • Market Microstructure
  • Financial Markets
  • Fixed Income Securities
  • Government and Defense Finance
  • Options and Derivatives
  • Investments
  • International Finance
  • Central Banking
  • Financial Econometrics


Dr. Michael P. Hughes joined the Francis Marion faculty in 2003. He teaches corporate finance, financial markets, real estate finance, and investments. His research is focused in the areas of market microstructure, financial markets, fixed income securities, government and defense finance, options and derivatives, investments, international finance, central banking, and financial econometrics. Dr. Hughes’ research has appeared in the Journal of Economics and BusinessQuarterly Review of Economics and FinanceJournal of Economics and FinanceInternational Advances in Economic Research, Journal of Business Case StudiesJournal of Case Research in Business and Economics, and Journal of Business Cases and Applications, and Strategic Management Cases.

Prior to his joining the ranks of academia, Dr. Hughes served over 21-years in the U.S. Air Force. During that time he spent over 14-years in nuclear treaty monitoring and related activities, while the initial 7-years were in the aircraft maintenance and engineering (propulsion) arena with F-4 and F-15 aircraft.


FMU has the lowest cost of attendance of any college in South Carolina, based on rankings from CollegeFactual.com.

Meaningful Academics

The liberal arts remain the foundation of a great education for all FMU students, but we’re developing high-caliber professional programs to meet the 21st century needs of both our students and our community.

The Right Size

No giant lecture halls here. We keep class sizes small and the crowds thin at FMU because that’s the environment that best facilitates learning. A 15:1 student-professor ratio, and right about 4,000 students sound like “just right” numbers to us.


Students can walk our lovely, tree-lined campus in 20 minutes, but most take longer because in a place this pretty, you have to stop and enjoy nature’s beauty.


Francis Marion University has been recognized for five straight years as a “Great College to Work For” Honor Roll university by the Chronicle for Higher Ed. More at http://www.chronicle.com/interactives/greatcolleges16

FMU is consistently ranked among the Best Regional University by U.S. News and World Report.

Francis Marion University is in ETC’s top 10 percent of university’s that have the most impact on graduate’s long-term career earnings. More at www.educatetocareer.com.


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Mailing Address:
PO Box 100547, Florence, SC 29502
Street Address:
4822 E. Palmetto St, Florence, SC 29506

Main Office Numbers

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Francis Marion University follows all state, local, and federal laws banning discrimination in public institutions of higher learning. FMU adheres to all Title IX policies, and does not discriminate on the basis of race, color, sex, religion, ethnicity, national origin, age, sexual orientation, gender identity, veteran status or any other protected category under applicable state, local, or federal law. General questions regarding Title IX can be directed to the Office of Civil Rights (www.ed.gov/ocr). Specific questions may be referred to the University’s Title IX Coordinator (titleixcoordinator@fmarion.edu) or the University’s Human Resources Office.

Francis Marion’s sexual misconduct (Title IX) procedures define the University’s response to reports of sexual misconduct and explain the recourse and protections afforded complainants and respondents.