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’ve developed an array of professional programs to meet the 21st century needs of both our students and our community.

The Right Size

The University keeps class sizes small because that’s the environment that best facilitates learning. A 15:1 student-professor ratio, and a student enrollment of 4,000 provides the perfect balance to enhance learning and still promote a diverse selection of programs.


Students can walk our lovely, tree-lined campus in about 30-45 minutes, but most take longer because in a place this beautiful, you want to stop and enjoy nature’s beauty.


Francis Marion University has been recognized for six straight years as a “Great College to Work For” Honor Roll university. Read more here.


Francis Marion University is ranked among Washington Monthly’s “Best Masters Universities” in the magazine’s latest ranking.


Francis Marion University has been ranked as one of the Top 50 Most Affordable Colleges and Universities in America by Study.com two years running.


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


Francis Marion University is consistently ranked among the Best Ethnically Diverse Universities in the South by U.S. News and World Report.



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

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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.