Close Close

Life Health > Health Insurance > Your Practice

6 best colleges for insurance majors

Your article was successfully shared with the contacts you provided.

As the Class of 2014 walked toward getting their diplomas, here at LifeHealthPro we thought it would be timely to investigate which college programs are leaders in life and health insurance undergraduate fields of study. Most of the colleges that we researched include the degree in insurance as part of their business school programs, which means that you get a well-rounded education in everything from finance to business management, to courses specifically tailored for becoming part of the insurance industry.

With 34 of the 50 states possessing universities or colleges that offer life and health insurance majors as part of their undergraduate programs, you can pick and choose where to get your degree. 

Right now, the insurance industry is looking for more candidates to pass on their baton to the next generation. There’s a lot of opportunity and demand for millenials to enter the field. And, it’s one of the few industries that offers room for growth with an already established path and training programs, so it takes a lot of the guesswork out of the equation.

When it comes to choosing a college or university, the College Board recommends that you check if the business school of your choice is accredited by the Association to Advance Collegiate Schools of Business (AACSB), as well as check if the program offers specializations such as health care and risk management, internships, if there are special requirements, if the program will help you job search and what the recent graduates are doing now.

In the following pages, you will find the top-ranked educational institutions by LifeHealthPro for getting your bachelor’s degree in insurance, with life and health insurance careers in mind.


6. Florida State University

Tallahassee, Florida

Programs: BBA Risk Management and Insurance, BA Actuarial Science

Tuition (estimated): In-state – $6,537; Out-of-state – $21,703

FSU is a public university whose Risk Management and Insurance (RMI) program was established in the 1940s. The program touches subjects from microeconomics to marketing, to life and health insurance products, employee benefits and even some accounting courses. They also help place graduates with internships and jobs. This program has limited access, which means that they have very strict admission requirements. 


5. Temple University

Philadelphia, Pennsylvania

Programs: BBA Risk Management and Insurance with a major or minor in Health Care Risk Management

Tuition (estimated): In-state – $14,340; Out-of-state – $24,710

You will find a nationally recognized RMI program and Health Care Risk Management major or minor programs at Temple University’s Fox School of Business. The school has offered these programs since 1968 and is accredited by the Commission on Accreditation of Healthcare Management Education (ACEHSA). Temple also encourages students to become part of Sigma chapter of Gamma Iota Sigma, their national award-winning professional student organization in RMI, and provide internships and employment for undergraduates. It is a selective university.


4. Georgia State University

Atlanta, Georgia

Programs: BBA Actuarial Science; BBA Risk Management and Insurance

Tuition (estimated): In-state – $9,928; Out-of-state – $28,138

Coming in fourth in the U.S. News & World Report and sixth on Campus Explorer, Georgia State University has the largest business school in the southern U.S. and three of the J. Mack Robinson College of Business undergraduate programs are in the top 10 according to U.S. News. The College of Business is accredited by the AACSB. Their RMI track is more focused on risk management, but has a few courses on life insurance, insurance operations and personal financial planning.


3. University of Pennsylvania

Philadelphia, Pennsylvania

Programs: BBA Actuarial Science, BBA Risk Management & Insurance

Tuition (estimated): $45,890

The University of Pennsylvania is private and you can take highly specialized courses such as: life, health or disability insurance, insurance markets, Social Security, health care reform and even behavioral economics of insurance. The university also specializes in research and driving policy change. UPenn has about 35+ courses that are solely insurance focused, part of the Wharton Penn Risk and Insurance Program. UPenn came in third on the U.S. News & World Report and Campus Explorer rates it as “most selective.”


2. University of Wisconsin

Madison, Wisconsin

Programs: BBA Actuarial Science, BBA Risk Management & Insurance* (*Only one class in Theory of Interest and Life Insurance)

Tuition (estimated): In-state – $10,403; Out-of-state – $26,653

The Wisconsin School of Business, ranked #2 on the U.S. News & World Report and #9 by Campus Explorer, is a public university founded in 1848 that is selective when it comes to their acceptance rates. According to the U.S. News & World Report, the school has 45.7 percent of its classes with fewer than 20 students. 


1. University of Georgia

Athens, GA

Programs: BBA Risk Management and Insurance

Tuition (estimated): In-state – $10,262; Out-of-state – $28,472

At the Terry College of Business, University of Georgia, you will find a BBA insurance program that was established in 1965 with professors who are top published in the premier risk management and insurance journals. The program also provides internships with more than 50 employers in 15 states. It was also ranked as the #1 insurance degree college program by U.S. News & World Report and #2 by Campus Explorer. It is a highly selective university, according to Campus Explorer.

See also:

15 cheapest colleges with best job value

30 best paying college majors

30 worst paying college majors 2014


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.