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2025 Best Insurance Bachelor's Degree Schools in the Great Lakes Region

7 Colleges in the Great Lakes Region
284 Bachelor's Degrees
$57,436 Avg Early-Career Salary
When it comes to popularity, a bachelor's degree in insurance sits in the middle of the road, ranking #146 out of 363 majors in the country. As such, the degree program isn't offered at every college in the United States, but there are schools that do have a program in the field that are top-notch when it comes to quality.

College Factual looked at 7 colleges and universities when compiling its 2025 Best Insurance Bachelor's Degree Schools in the Great Lakes Region ranking. When you put them all together, these colleges and universities awarded 284 bachelor's degrees in insurance during the 2022-2023 academic year.

Jump to one of the following sections: * Our Methodology

Choosing a Great Insurance School for Your Bachelor's Degree

Best Insurance Bachelor's Degree Schools in the Great Lakes Region The insurance bachelor's degree program you select can have a big impact on your future. This section explores some of the factors we include in our ranking and how much they vary depending on the school you select. When choosing a school we recommend considering some of the following factors:

Quality Overall Is Important

A school that excels in educating for a particular major and degree level must be a great school overall as well. To make it into this list a school must rank well in our overall Best Colleges ranking. This ranking considered factors such as graduation rates, overall graduate earnings and other educational resources to identify great colleges and universities.

Average Earnings

To determine the overall quality of a graduate school, one factor we look at is the average early-career salary of those receiving their bachelor's degree from the school. This is because one of the main reasons people pursue their bachelor's degree is to enable themselves to find better-paying positions.

Other Factors We Consider

In addition to the above, you should consider some of the following factors:

Our complete ranking methodology documents in more detail how we consider these factors to identify the best colleges for insurance students working on their bachelor's degree.

One Size Does Not Fit All

Rankings by Location Check Out Other Locales
More Insurance Rankings Other Ranking Categories

Since the program you select can have a significant impact on your future, we've developed a number of rankings, including this Best Insurance Bachelor's Degree Schools in the Great Lakes Region list, to help you choose the best school for you.

In addition to College Factual's rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. When you have some time, check it out - you may want to bookmark the link so you don't forget it.

Best Schools for Bachelor’s Students to Study Insurance in the Great Lakes Region

Below you'll see a list of the best colleges and universities for pursuing a bachelor's degree in insurance.

Top Great Lakes Region Schools for a Bachelor's in Insurance

1

University of Wisconsin - Madison is a great option for individuals interested in a bachelor's degree in insurance. Located in the city of Madison, UW - Madison is a public university with a fairly large student population.

Those insurance students who get their bachelor's degree from University of Wisconsin - Madison earn $21,360 more than the typical insurance student.

More information about a bachelor’s in insurance from University of Wisconsin - Madison

2
Butler crest
Butler University
Indianapolis, IN
28 Annual Graduates

It is difficult to beat Butler University if you want to pursue a bachelor's degree in insurance. Butler is a medium-sized private not-for-profit university located in the city of Indianapolis.More information about a bachelor’s in insurance from Butler University

3
41 Annual Graduates

It is difficult to beat University of Cincinnati - Main Campus if you want to pursue a bachelor's degree in insurance. UC is a fairly large public university located in the city of Cincinnati.More information about a bachelor’s in insurance from University of Cincinnati - Main Campus

4

Illinois State University is one of the best schools in the United States for getting a bachelor's degree in insurance. Located in the medium-sized suburb of Normal, Illinois State is a public university with a very large student population.

Students who graduate with their bachelor's from the insurance program report average early career wages of $51,499.

More information about a bachelor’s in insurance from Illinois State University

5

Ball State is a very large public university located in the city of Muncie.

Students who graduate with their bachelor's from the insurance program report average early career wages of $48,615.

More information about a bachelor’s in insurance from Ball State University

6
Olivet crest
Olivet College
Olivet, MI

Located in the rural area of Olivet, Olivet is a private not-for-profit college with a small student population.

Students who graduate with their bachelor's from the insurance program report average early career earnings of $56,027.

More information about a bachelor’s in insurance from Olivet College

7
Franklin University crest
Franklin University
Columbus, OH
10 Annual Graduates

Franklin University is a medium-sized private not-for-profit university located in the large city of Columbus.More information about a bachelor’s in insurance from Franklin University

Best Insurance Colleges by State

Explore the best insurance colleges for a specific state in the Great Lakes Region .

State Colleges Degrees Awarded
Michigan 261 22
Ohio 252 44
Illinois 241 50
Indiana 235 82
Wisconsin 213 128

View All Rankings >

One of 21 majors within the Business, Management & Marketing area of study, Insurance has other similar majors worth exploring.

Insurance Concentrations

Major Annual Graduates
Insurance 284

Related Major Annual Graduates
Business Administration & Management 15,832
Finance & Financial Management 9,072
Marketing 8,377
Accounting 6,561
General Business/Commerce 4,945
Human Resource Management 1,877
Management Sciences & Quantitative Methods 1,868
Management Information Systems 1,255
Hospitality Management 779
Construction Management 636

Notes and References

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