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Master's Degree in Insurance

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Master’s Degrees in Insurance

90 Yearly Graduations
$96,878 Median Salary
54% Women
There are 13 schools in the United States where you can get your master's degree in insurance. Among those who recently graduated from the schools offering this degree, the majority were women, and 19% were students from underrepresented racial-ethnic groups. Also, 2.2% of insurance graduates were international students.

Education Levels of Insurance Majors

In 2020-2021, 90 earned their master's degree in insurance. This makes it the 243rd most popular master'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
Master’s Degree 90
Graduate Certificate 53

Earnings of Insurance Majors With Master’s Degrees

The median salary for graduates holding a master's degree in insurance is $96,878. A lot of factors can contribute to this number, such as the location of your workplace and the availability of other perks and bonuses. To get a better picture, earnings for this category of people can range from a low of $81,176 to a high of $104,524.

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Student Debt

We do not have the data to estimate the median debt for this class of people.

Student Diversity

More women than men pursue their master's degree in insurance. About 54.4% of graduates with this degree are female.

Gender Number of Grads
Men 41
Women 49
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The racial-ethnic distribution of insurance master’s degree students is as follows:

Race/Ethnicity Number of Grads
Asian 3
Black or African American 7
Hispanic or Latino 5
White 63
International Students 2
Other Races/Ethnicities 10
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There are 13 colleges that offer a master’s degree in insurance. Learn more about the most popular 13 below:

#1

Florida State University

Tallahassee, Florida
21 Yearly Graduations
48% Women
29% Racial-Ethnic Minorities*

The most popular school in the United States for insurance students seekinga master's degree is Florida State University. Each year, around 43,500 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $4,640 per year, while in-state graduate students, on average, pay $9,684 per year. During the 2020-2021 academic year, 21 people received their master's degree in insurance from Florida State. About 48% of this group were women, and 29% were students from an underrepresented racial-ethnic group.

#2

Butler University

Indianapolis, Indiana
18 Yearly Graduations
39% Women
6% Racial-Ethnic Minorities*

Butler University is the 2nd most popular school in the nation for students seeking a master's degree in insurance. Roughly 5,500 attend the school each year. The average in-state tuition for full-time undergraduates is $42,410 per year, while in-state graduate students, on average, pay $14,785 per year. During the 2020-2021 academic year, 18 people received their master's degree in insurance from Butler. Of these students, 39% were women and 6% were members of underrepresented racial-ethnic groups.

#3

Saint Peter's University

Jersey City, New Jersey
16 Yearly Graduations
56% Women
31% Racial-Ethnic Minorities*

Saint Peter's University is the 3rd most popular school in the nation for students seeking a master's degree in insurance. Roughly 3,100 attend the school each year. The average in-state tuition for full-time undergraduates is $37,660 per year, while in-state graduate students, on average, pay $21,186 per year. For the 2020-2021 academic year, 16 master's degrees were handed out to insurance majors at Saint Peter's College. About 56% of this group were women, and 31% were students from an underrepresented racial-ethnic group.

#4

Boston University

Boston, Massachusetts
14 Yearly Graduations
64% Women
21% Racial-Ethnic Minorities*

The 4th most popular school in the country for insurance majors who are seeking their master's degree is Boston University. Each year, around 32,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $58,560 per year, while in-state graduate students, on average, pay $58,560 per year. During the 2020-2021 academic year, 14 people received their master's degree in insurance from Boston U. Around 21% of these students were from an underrepresented racial-ethnic group, and 64% were women.

#4

Olivet College

Olivet, Michigan
14 Yearly Graduations
71% Women
14% Racial-Ethnic Minorities*

Olivet College is the 4th most popular school in the nation for students seeking a master's degree in insurance. Each year, around 1,000 students seeking various degrees attend the university. For the 2020-2021 academic year, 14 master's degrees were handed out to insurance majors at Olivet. Around 14% of these students were from an underrepresented racial-ethnic group, and 71% were women.

#6

Husson University

Bangor, Maine
3 Yearly Graduations
67% Women

Husson University is the 6th most popular school in the nation for students seeking a master's degree in insurance. Roughly 3,400 attend the school each year. The average in-state tuition for full-time undergraduates is $18,890 per year, while in-state graduate students, on average, pay $16,780 per year. The insurance program at Husson University awarded 3 master's degrees during the 2020-2021 school year.

#7

Cambridge College

Boston, Massachusetts
2 Yearly Graduations
100% Women

The 7th most popular school in the country for insurance majors who are seeking their master's degree is Cambridge College. The average in-state tuition for full-time undergraduates is $16,442 per year, while in-state graduate students, on average, pay $16,409 per year. During the 2020-2021 academic year, 2 people received their master's degree in insurance from Cambridge College.

1 Yearly Graduations

University of Akron Main Campus comes in at #8 on our list of the most popular colleges offering master's degrees in insurance. The average in-state tuition for full-time undergraduates is $9,595 per year, while in-state graduate students, on average, pay $10,610 per year. For the 2020-2021 academic year, 1 master's degrees were handed out to insurance majors at University of Akron Main Campus.

#8

University of Wisconsin - Madison

Madison, Wisconsin
1 Yearly Graduations

University of Wisconsin - Madison comes in at #8 on our list of the most popular colleges offering master's degrees in insurance. The average in-state tuition for full-time undergraduates is $9,273 per year, while in-state graduate students, on average, pay $10,728 per year. The insurance program at University of Wisconsin - Madison awarded 1 master's degrees during the 2020-2021 school year.

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

Major Annual Degrees Awarded
Business Administration & Management 122,843
Management Sciences & Methods 29,299
Accounting 18,187
Human Resource Management 9,750
Business & Commerce 8,488

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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