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.
For its 2024 ranking, College Factual looked at 3 schools in Indiana to determine which ones were the best for insurance students pursuing a bachelor's degree. When you put them all together, these colleges and universities awarded 82 bachelor's degrees in insurance during the 2020-2021 academic year.
Choosing a Great Insurance School for Your Bachelor's Degree
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:
Major Focus - How much a school focuses on insurance students vs. other majors.
Major Demand - How many other insurance students want to attend this school to pursue a bachelor's degree.
Educational Resources - The amount of money and other resources allocated to students while they are pursuing their degree. These resources include such things as number of students per instructor and education expenditures per student.
Student Debt - How easy is it for insurance to pay back their student loans after receiving their bachelor's degree.
Accreditation - Whether a school is regionally accredited and/or accredited by a recognized insurance related body.
Our full ranking methodology documents in more detail how we consider these factors to identify the best schools for insurance students working on their bachelor's degree.
When choosing the right school for you, it's important to arm yourself with all the facts you can. To that end, we've created a number of major-specific rankings, including this Best Insurance Bachelor's Degree Schools in Indiana list to help you make the college decision.
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 Indiana
Below you'll see a list of the best colleges and universities for pursuing a bachelor's degree in insurance.
Any student who is interested in a bachelor's degree in insurance needs to look into Indiana State University. Indiana State is a medium-sized public university located in the city of Terre Haute.
Bachelor's students who receive their degree from the insurance program earn about $52,852 in their early career salary.
The bars on the spread charts above show the distribution of the schools on this list +/- one standard deviation from the mean.
The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of the rest of our data about colleges.
Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).