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Insurance in Michigan

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Insurance Schools in Michigan

39 Insurance students earned their degrees in the state in 2020-2021.

In this state, Insurance is the 22nd most popular major out of a total 29 majors commonly available.

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

Seeking financial aid? At this school, 97% of students receive it. Students enjoy a student to faculty ratio of 15 to 1. The average student takes 4.31 years to complete their degree at Olivet.

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

This private school has an average net price of $21,257. The student loan default rate of 4.30% is a good sign that graduates can afford their loan payments. Of all the teachers who work at the school, 100% are considered full time.

3 Degrees in Major Awarded
10,306 Total Students

17% of the teachers are full time. This public college charges it's students an average net price of $5,212. In their early career, LCC grads earn an average salary of $29,986.

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

96% of students are awarded financial aid at this school. This public college charges it's students an average net price of $12,213. Roughly six years after entering college, graduates of this school earn $43,412 a year.

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

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

Major Annual Graduates in MI
Business Administration & Management 9,225
Accounting 2,427
Marketing 1,993
Finance & Financial Management 1,688
Human Resource Management 1,219
Business & Commerce 1,060
Management Sciences & Methods 786
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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