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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.

An Insurance major is the 47th most popular major in this 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

There are 13,700 people in the state and 877,030 people in the nation working in insurance jobs.

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Wages for Insurance Jobs in Michigan

Insurance grads earn an average of $67,860 in the state and $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

Roughly six years after entering college, graduates of this school earn $37,866 a year. An average student at Olivet will pay a net price of $20,053. Most students complete their degree in 4.31 years.

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

Students who attend this private institution pay an average net price of $21,257. Graduates earn an average $49,169 after graduation. Students enjoy a student to faculty ratio of 9 to 1.

3 Degrees in Major Awarded
10,306 Total Students

The full-time teacher rate is 17%. 69% of students are awarded financial aid at this school. The student to faculty ratio is 12 to 1.

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

15 to 1 is the student to faculty ratio. 96% of students get financical aid. It takes the average student 4.51 years to graduate.

Insurance Careers in MI

Some of the careers insurance majors go into include:

Job Title MI Job Growth MI Median Salary
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

View Nationwide Insurance Report

References

More about our data sources and methodologies.

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