Master’s Degrees in Insurance
Education Levels of Insurance Majors
During the most recent year for which data is available, 85 people earned their master's degree in insurance. This earns it the #243 spot on the list of the most popular master's degree programs in the nation.
The following table shows the number of diplomas awarded in insurance at each degree level.
| Education Level | Number of Grads |
|---|---|
| Bachelor’s Degree | 1,164 |
| Basic Certificate | 1,035 |
| Master’s Degree | 85 |
| Graduate Certificate | 30 |
| Undergraduate Certificate | 12 |
| Associate Degree | 8 |
Earnings of Insurance Majors With Master’s Degrees
The median salary for graduates holding a master's degree in insurance is $90,536. A lot of factors can contribute to this number, such as the location of your workplace and the availability of other perks and bonuses. A better approximation of salary is to look at the typical range of salaries. In this case the low is $81,151 and the high is $117,626.
Student Debt
We do not have the data to estimate the median debt for this class of people.
Student Diversity
More men than women pursue master's degrees in insurance. About 61.2% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 52 |
| Women | 33 |
The racial-ethnic distribution of insurance master’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 2 |
| Black or African American | 11 |
| Hispanic or Latino | 5 |
| White | 61 |
| International Students | 3 |
| Other Races/Ethnicities | 3 |
Most Popular Insurance Programs for Master’s Degrees
There are 13 colleges that offer a master’s degree in insurance. Learn more about the most popular 13 below:
Florida State University tops the list of the most popular school in the U.S. for insurance majors who are seeking their master's degree. Roughly 43,500 attend the school each year. The average in-state tuition for full-time undergraduates is $4,640 per year, while in-state graduate students, on average, pay $9,684 per year. During the most recent year for which we have data, 21 people received their master's degree in insurance from Florida State. Of these students, 37% were women and 26% were members of underrepresented racial-ethnic groups. Florida State University insurance graduates who receive their master's degree go on to jobs earning a median salary of $90,536.
Butler University is the 2nd most popular school in the nation for students seeking a master's degree in insurance. Each year, around 5,500 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $44,990 per year, while in-state graduate students, on average, pay $14,225 per year. During the most recent year for which we have data, 18 people received their master's degree in insurance from Butler. Around 25% of these students were from an underrepresented racial-ethnic group, and 25% were women. Data shows that Butler graduates that hold this degree go on to make a median salary of $90,536.
Saint Peter's University is the 3rd most popular school in the nation for students seeking a master's degree in insurance. Each year, around 3,100 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $39,954 per year, while in-state graduate students, on average, pay $15,210 per year. During the most recent year for which we have data, 16 people received their master's degree in insurance from Saint Peter's College. Of these students, 67% were women and 100% were members of underrepresented racial-ethnic groups. Data shows that Saint Peter's College graduates that hold this degree go on to make a median salary of $90,536.
The 4th most popular school in the country for insurance majors who are seeking their master's degree is Boston University. Roughly 32,700 attend the school each year. The average in-state tuition for full-time undergraduates is $63,798 per year, while in-state graduate students, on average, pay $63,798 per year. During the most recent year for which we have data, 14 people received their master's degree in insurance from Boston U. Of these students, 44% were women and 13% were members of underrepresented racial-ethnic groups. Boston University insurance graduates who receive their master's degree go on to jobs earning a median salary of $90,536.
Olivet College is the 4th most popular school in the nation for students seeking a master's degree in insurance. Roughly 1,000 attend the school each year. The average in-state tuition for full-time undergraduates is $32,694 per year, while in-state graduate students, on average, pay $10,848 per year. During the most recent year for which we have data, 14 people received their master's degree in insurance from Olivet. Of these students, 50% were women and 20% were members of underrepresented racial-ethnic groups. Olivet College insurance graduates who receive their master's degree go on to jobs earning a median salary of $90,536.
Husson University is the 6th most popular school in the nation for students seeking a master's degree in insurance. The average in-state tuition for full-time undergraduates is $21,204 per year, while in-state graduate students, on average, pay $18,542 per year. During the most recent year for which we have data, 3 people received their master's degree in insurance from Husson. Data shows that Husson graduates that hold this degree go on to make a median salary of $90,536.
University of Wisconsin - Madison comes in at #8 on our list of the most popular colleges offering master's degrees in insurance. Roughly 44,600 attend the school each year. The average in-state tuition for full-time undergraduates is $9,644 per year, while in-state graduate students, on average, pay $10,728 per year. During the most recent year for which we have data, 1 people received their master's degree in insurance from UW - Madison. About 20% of this group were women, and 20% were students from an underrepresented racial-ethnic group. Data shows that UW - Madison graduates that hold this degree go on to make a median salary of $90,536.
Columbia University in the City of New York comes in at #10 on our list of the most popular colleges offering master's degrees in insurance. Roughly 30,100 attend the school each year. The average in-state tuition for full-time undergraduates is $64,526 per year, while in-state graduate students, on average, pay $53,576 per year. During the most recent year for which we have data, 0 people received their master's degree in insurance from Columbia. About 43% of this group were women, and 29% were students from an underrepresented racial-ethnic group. Those who complete their master's degree in insurance at Columbia University in the City of New York make a median salary of 90,536.
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Related Majors
Below are some popular majors that are similar to insurance that offer master’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Business Administration & Management | 120,872 |
| Management Sciences & Methods | 41,157 |
| Accounting | 15,888 |
| Business & Commerce | 9,096 |
| Human Resource Management | 8,301 |
References
*The racial-ethnic minority student count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the percentage of racial-ethnic minorities.
- College Factual
- National Center for Education Statistics
- O*NET Online
- Bureau of Labor Statistics
- Image Credit: By Nick Youngson under License
More about our data sources and methodologies.
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