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Insurance in Michigan

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Insurance Schools in Michigan

39 students earned Insurance degrees in Michigan in the 2020-2021 year.

As a degree choice, Insurance is the 199th most popular major in the state.

Education Levels of Insurance Majors in Michigan

Insurance majors in the state tend to have the following degree levels:

Education Level Number of Grads
Bachelor’s Degree 22
Master’s Degree 14
Associate Degree 3

Gender Distribution

In Michigan, a insurance major is more popular with men than with women.

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Racial Distribution

The racial distribution of insurance majors in Michigan is as follows:

  • Asian: 0.0%
  • Black or African American: 5.1%
  • Hispanic or Latino: 0.0%
  • White: 89.7%
  • Non-Resident Alien: 0.0%
  • Other Races: 5.1%
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Jobs for Insurance Grads in Michigan

In this state, there are 13,700 people employed in jobs related to an insurance degree, compared to 877,030 nationwide.

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Wages for Insurance Jobs in Michigan

A typical salary for a insurance grad in the state is $67,860, compared to a typical salary of $67,890 nationwide.

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There are 4 colleges in Michigan that offer insurance degrees. Learn about the most popular 4 below:

#1

Olivet College

Olivet
28 Degrees in Major Awarded
48% Graduation Rate
1,023 Total Students

This private school has an average net price of $20,053. The average student takes 4.31 years to complete their degree at Olivet. Students enjoy a student to faculty ratio of 15 to 1.

6 Degrees in Major Awarded
49% Graduation Rate
2,541 Total Students

The average student takes 4.18 years to complete their degree at Northwood. Of all the teachers who work at the school, 100% are considered full time. The student loan default rate is 4.30% which is lower than average.

3 Degrees in Major Awarded
10,306 Total Students

69% of students get financical aid. 12 to 1 is the student to faculty ratio. This public school has an average net price of $5,212.

2 Degrees in Major Awarded
58% Graduation Rate
11,165 Total Students

Grads earn an average early-career salary of $43,412 after earning their degree at this institution. The full-time teacher rate is 69%. This public school has an average net price of $12,213.

Insurance Careers in MI

Some of the careers insurance majors go into include:

Job Title MI Job Growth MI Median Salary
Business Professors 15% $93,440
Auto Damage Insurance Appraisers 13% $60,280
Insurance Sales Agents 10% $50,640
Claims Adjusters, Examiners, and Investigators -3% $66,990
Insurance Underwriters -5% $65,450

Below are some popular majors in the state that are similar to insurance.

Major Annual Graduates in MI
Business Administration & Management 9,389
Accounting 2,435
Marketing 2,001
Finance & Financial Management 1,699
Human Resource Management 1,262
Business & Commerce 1,060
Management Sciences & Methods 817
Hospitality Management 447

View all majors related to Insurance

View Nationwide Insurance Report

References

More about our data sources and methodologies.

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