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.
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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.
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%
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.
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.
Most Popular Insurance Programs in MI
There are 6 colleges in Michigan that offer insurance degrees. Learn about the most popular 6 below:
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.
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.
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.
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.
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.
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 |
Related Majors in Michigan
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
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View Nationwide Insurance Report
References
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Nick Youngson under License
More about our data sources and methodologies.
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