Management Schools
As a professor or instructor of management classes at one of the 1,790 accredited management schools in the country, you play a central role in shaping the education, and, in effect, the future of this growing field. The graphs, statistics and analysis below outline the current state and the future direction of academia in management, which encompasses management training at the following levels:
- Management Certificate
- Associates degree in Management
- Bachelors degree in Management
- Masters degree in Management
- PhD degree in Management
Statistics
Professional Trends
National Employment growth for Management professionals
| 4,314,770 | 4,408,600 | 4,524,790 | 4,481,720 | 4,440,210 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Dark Yellow: Actual Values
4,440,210 management professionals were working in the US in the year 2010. Over the course of the past 4 years, this number has grown by 3%.
And the growth for all careers between the years 2006 and 2010 was 1%. Until 2018 this trend is expected to contine.
National Salary percentiles for Management professionals
10th percentile |
$42,817 |
25th percentile |
$56,406 |
50th percentile |
$76,585 |
75th percentile |
$104,127 |
90th percentile |
$131,669 |
The median yearly salary earned by management professionals, in 2010, was $76,585. The national median salary for all professions, was $68,155 in the same year. Thus, the median yearly salary for management professionals in the US was 25% more than the national median salary for all professions.
National Median Salary Growth For Management
| $68,651 | $71,668 | $74,513 | $75,740 | $76,585 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Salaries
Management professionals' salaries have grown by 12% between the years 2006 and 2010.
Educational Trends
National Management Student enrollment growth by degree
| 38,745 | 43,477 | 47,670 | 43,477 | 39,797 |
| 124,068 | 128,102 | 129,897 | 128,102 | 122,891 |
| 801 | 863 | 934 | 863 | 1,026 |
| 84,604 | 88,557 | 95,312 | 88,557 | 93,785 |
| 7,570 | 7,823 | 8,264 | 7,814 | 8,092 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Associate's Degree in Management
- Blue: Bachelor's Degree in Management
- Red: Doctorates Degree in Management
- Light blue: Master's Degree in Management
- Grey: Certificate in Management
We are seeing a rapid change in the career outlook for management professionals. However, the story on the educational front is quite different. In the US, 255,788 students graduated from management degree programs in 2006. And in 2010, 265,591 students graduated from management schools.
Thus, in 4 years, there was a 4% growth in the number of management graduates. This growth in the number of students graduating from management courses is less than the 12% growth nationally for students graduating from institutions of higher learning in general.
Management Programs offered Nationwide
associate |
797 |
bachelor |
957 |
master |
356 |
doctor |
17 |
Certificate |
735 |
| Total | 2,862 |
As student graduation numbers are up, the number of schools offering management programs has also increased. There were 2467 management schools across the country in 2006. And there were 2736 schools in 2010.