Dr. Michael Hughes

photo of michael hughes

Dr. Michael Hughes

Professor of Finance

Office: FH 264
Phone: 843-661-1422


Ph.D., Finance
  University of Central Florida

M.B.A., Business Administration
  University of Central Florida

B.S.E.T., Engineering Technology – Operations
  University of Central Florida

A.A., General Education
  Eastern Florida State College (formerly Brevard Community College)

A.S., Scientific Measurements
  Community College of the Air Force

Areas of Expertise

  • Financial Markets
  • Market Microstructure
  • Investments
  • Real Estate Finance
  • Government & Defense Finance
  • Business (Corporate) Finance
  • Financial-Econometrics


Dr. Michael P. Hughes joined the Francis Marion faculty in 2003. He teaches Financial Markets, Real Estate Finance, Investments, and Corporate Finance. His research is focused in the areas of Market Microstructure, Financial Markets, Central Banking and Monetary Policy, Investments, Defense Finance, and Financial-Econometrics. His scholarly research has appeared in the Quarterly Review of Economics and Finance, Journal of Economics and Business, Journal of Economics and Finance, International; Advances in Economic Research, Journal of Business Case Studies, Journal of Case Research in Business and Economics, and Journal of Business Cases and Applications.  Dr. Hughes also has published related articles in The Conversation, Scientific American, Stars & Stripes, Washington Spectator, Agence Global, UPI, Reaction, Global Defense News, Knowridge Science Report, The Commoner, Citizen Truth, The Reader, and several other periodicalsHe also previously published over 65 motorcycle-related articles in American Iron, Motorcycle Tour & Cruiser, Motorcycle Tour & Travel, and Road Bike.   

Prior to his joining the ranks of academia, Dr. Hughes served over 21-years in the U.S. Air Force, beginning during the Vietnam era. 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 support (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 universities that have the most impact on graduate’s long-term career earnings. More at www.educatetocareer.com.


Download the campus map HERE.


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

Main Office Numbers

Problems with our site? Contact the webmaster: webmaster@fmarion.edu


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.