Contact Information
General Contact
- School Code: 231800
- Phone: (248) 358-9000
- School Homepage
Admissions Office
Financial Aid Office
ACCEPTANCE RATE
65.66%FINANCIAL AID RATE
100%STUDENT TEACHER RATIO
11:1DEGREE OFFERED ONLINE
24FINANCIAL AID AWARD AVG.
$13,831Average Grants + Scholarship Aid Awarded to Undergraduate Students
Percent of Full-Time Undergraduates Receiving Financial Aid
Percent of Students Paying In-State Tuition vs Out-of-State Tuition
School Map
Risk Management and Insurance Training
The risk management and insurance program at Spring Arbor University prepares students for careers as an insurance manager, agent, underwriter, financial advisor, risk manager, and more. The program focuses on mathematical and statistical analysis of rick and their applications to insurance and other business management problems. Program courses include: forecasting theory, quantitative and non-quantitative risk measurement methodologies, development of risk tables, secondary data analysis, and computer-assisted research methods. Get more details below including other Michigan colleges that offer risk management and insurance training.
Learn more by requesting information now!

Spring Arbor University (SAU)
19900 W Nine Mile Rd, Southfield, MI
Spring Arbor University is a nonprofit private institution located in Spring Arbor, MI and provides a large number of degree programs for students. The school maintains a Free Methodist affiliation, which is evident in the role it plays in program curriculums and daily life at the school. Approximately 4,200 students enroll at SAU annually.
Students can pick from many areas of study, including but not limited to:
- Business And Marketing Studies
- Psychology
- Family And Consumer Sciences
- Health And Clinical Professions
The admissions process will include the submission of an application, school records, and test scores, which are then reviewed by admissions officials. Students may provide either the ACT or SAT scores to be considered for admissions to Spring Arbor University. A score between 940 to 1170 on the SAT, or 20 to 26 for the ACT is common among admitted students. This school has an acceptance rate of about 74% of which only 19% chose to enroll. More information regarding admissions can be found here.
The cost of tuition is close to $24,000 for the year. Tuition prices may change for a variety of reasons, and therefore students should use the school's net price calculator to get a better idea of their cost of attendance. Housing is available for students, which costs around $3,900 annually. Spring Arbor University may provide financial aid for students that qualify as loans, grants, scholarships and work study programs.
Spring Arbor University has a variety of athletic programs overseen by the NAIA. Athletic programs available may include:
- Baseball (NAIA Division II)
- Basketball (NAIA Division II)
- Golf (NAIA Division II)
Students can visit the school's http://www.arbor.edu to view additional information.
Students Enrolled in the Risk Management and Insurance Program
Get more details below regarding enrollment, academics, and school demographics. SAU offers a bachelor's degree program in risk management and insurance.
Students by Gender (2019)
Graduates | |
---|---|
Male | 1 |
Female | 2 |
Students by Race (2019)
Graduates | |
---|---|
White | 2 |
Multiple Races | 1 |
Source: IPEDS Survey 2012-2020: Data obtained from the US Dept. of Education's Integrated Postsecondary Education Data System (IPEDS). Data may vary depending on school and academic year.
Career Options for Graduates
Students who have completed the Risk Management and Insurance program at SAU, have entered into some of these more popular career paths listed below:Insurance Underwriters
Description
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
Actuaries
Description
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
Career Outlook & Projections (
)
According to the BLS, actuaries employment is expected to grow at a rate of 18.1% from 2014 to 2024
Salary & Wages
- Detroit-Dearborn-Livonia, MI Metropolitan Division
- Total Employment: 40
- Average Hourly Rate: $43.96
- Average Annual Salary: $91430
Business Teachers, Postsecondary
Description
Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).
Admission Requirements & Details
The admission details below may give an overview of the applicants Spring Arbor University accepts. The details may include admissions application requirements and recommendations, as well as any AP or college credits that may be transferred.
College Credits Accepted
- Dual Credits
- Life Experience Credits
- AP Course Credits
Academics & Student Services
Student Services
To help support students, Spring Arbor University may provide student services like:- Online classes
- Classes offered on nights and weekends
- Remedial instructional courses
- Academic counseling for students
- Work study style employment
Intercollegiate Athletics
SAU is a Member of National Association of Intercollegiate Athletics (NAIA), with many of the sports being in the NAIA Division II classification. The most popular sports played are listed below:
- Baseball (Mid-Central College Conference)
- Basketball (Mid-Central College Conference)
- Track and Field (Mid-Central College Conference)
- Golf
- Soccer
- Softball
- Tennis
- Volleyball
- Bowling