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Bachelor's Degree in Insurance

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Bachelor’s Degrees in Insurance

1,556 Yearly Graduations
$53,000 Median Salary
$22,210 Median Debt
There are 53 schools in the United States where you can get your bachelor's degree in insurance. Among those who recently graduated from the schools offering this degree, the majority were men, and 19% were students from an underrepresented racial-ethnic group. Also, 6.0% of insurance graduates were international students.

Education Levels of Insurance Majors

In 2019-2020, 1,556 earned their bachelor's degree in insurance. This makes it the 21st most popular bachelor's degree program in the country.

The following table shows the number of diplomas awarded in insurance at each degree level.

Education Level Number of Grads
Bachelor’s Degree 1,556
Basic Certificate 90
Master’s Degree 84
Graduate Certificate 60
Associate Degree 12
Undergraduate Certificate 8
Doctor’s Degree 1

Earnings of Insurance Majors With Bachelor’s Degrees

The median salary for graduates holding a bachelor's degree in insurance is $53,000. This number may vary for a lot of reasons. For instance, you may decide to move to a location where people with your degree are rare and make more money. To get a better picture, earnings for this category of people can range from a low of $52,500 to a high of $56,800.

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Student Debt

The median student debt for graduates holding a bachelor's degree in insurance is $22,210. The school you go to and how long it takes you to graduate, among other things, can cause this number to vary. The chart below shows the range of accumulated debt loads. On the high side of the range, $26,000 is the debt load, and the debt load on the low side is $19,930.

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The median monthly payment of a insurance graduate with a 10-year repayment plan is $231.

Student Diversity

More men than women pursue bachelor's degrees in insurance. About 63.9% of graduates in this field are male.

Gender Number of Grads
Men 994
Women 562
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The racial-ethnic distribution of insurance bachelor’s degree students is as follows:

Race/Ethnicity Number of Grads
Asian 60
Black or African American 62
Hispanic or Latino 110
White 1,160
International Students 94
Other Races/Ethnicities 70
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There are 53 colleges that offer a bachelor’s degree in insurance. Learn more about the most popular 20 below:

Insurance Concentrations

Major Annual Degrees Awarded
Insurance 1,556

Below are some popular majors that are similar to insurance that offer bachelor’s degrees.

Major Annual Degrees Awarded
Business Administration & Management 169,868
Accounting 52,477
Finance & Financial Management 48,043
Marketing 45,007
Business & Commerce 24,866

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.

More about our data sources and methodologies.

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