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Insurance in Michigan

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Insurance Schools in Michigan

51 students earned Insurance degrees in Michigan in the 2018-2019 year.

In terms of popularity, Insurance is the 21st most popular major in the state 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 24
Master’s Degree 23
Post-Master’s Certificate 2
Postbaccalaureate Certificate 2
Award Taking Less Than 1 Year 1
Associate’s Degree 1

Gender Distribution

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

Insurance Majors in MI Gender Diversity Statistics

Racial Distribution

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

  • Asian: 0.0%
  • Black or African American: 2.0%
  • Hispanic or Latino: 2.0%
  • White: 88.2%
  • Non-Resident Alien: 0.0%
  • Other Races: 7.8%
Insurance Majors in MI Ethnic Diversity Statistics

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.

Insurance Jobs Nationwide vs. MI

Wages for Insurance Jobs in Michigan

In this state, insurance grads earn an average of $67,860. Nationwide, they make an average of $67,890.

jobs nationwide vs. state.

There are 6 colleges in Michigan that offer insurance degrees. Learn about the most popular 6 below:

#1

Olivet College

Olivet
39 Degrees in Major Awarded
45% Graduation Rate
1,120 Total Students

100% of students get financical aid. The full-time teacher rate is 100%. Students who attend this private institution pay an average net price of $19,846.

5 Degrees in Major Awarded
57% Graduation Rate
2,934 Total Students

Roughly six years after entering college, graduates of this school earn $41,200 a year. The 6.90% student loan default rate is lower than average. Students who attend this private institution pay an average net price of $22,809.

4 Degrees in Major Awarded
49% Graduation Rate
12,472 Total Students

This public school has an average net price of $13,008. Grads earn an average early-career salary of $36,500 after earning their degree at this institution. The student loan default rate of 7.00% is a good sign that graduates can afford their loan payments.

#4

Davenport University

Grand Rapids
2 Degrees in Major Awarded
37% Graduation Rate
6,429 Total Students

This private school has an average net price of $17,670. It takes the average student 4.50 years to graduate. 97% of students get financical aid.

1 Degrees in Major Awarded
49% Graduation Rate
7,732 Total Students

Of all the teachers who work at the school, 72% are considered full time. This public college charges it's students an average net price of $14,690. 20 to 1 is the student to faculty ratio.

0 Degrees in Major Awarded
7,564 Total Students

The full-time teacher rate is 100%. Students enjoy a student to faculty ratio of 18 to 1. In their early career, MCC grads earn an average salary of $20,600.

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 12% $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 10,612
Accounting 2,973
Marketing 2,176
Finance & Financial Management 1,736
Human Resource Management 1,394
Business & Commerce 999
Hospitality Management 566
International Business 488

View all majors related to Insurance

View Nationwide Insurance Report

References

More about our data sources and methodologies.

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