Accounting Schools
In Ferrum, Virginia
The city of Ferrum has only one school where accounting faculty can find employment. Below are statistics and other relevant data to help analyze the state of accounting and accounting education in Ferrum, which includes accounting training at the accounting bachelors degree level.
Statistics
Professional Trends
Ferrum Vs. Virginia Accounting Employment
| Ferrum | 4,170 |
| Virginia | 98,910 |
Of the 98,910 accounting professionals employed in Virginia, 4,170 work in Ferrum. Between 2006 and 2010, the number of accounting professionals in Ferrum has shrunk by 4%. As the employment for accounting professionals in Ferrum has decreased, overall employment in Ferrum has increased.
Ferrum Vs. Virginia Accounting employment growth
| 106,440 | 105,260 | 106,090 | 102,640 | 98,910 |
| 4,340 | 4,290 | 4,240 | 4,330 | 4,170 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Virginia
- Dark Yellow: Ferrum
Accounting VS. All professions salaries in Ferrum
| $39,128 | $39,385 | $39,878 | $41,645 | $42,702 |
| $34,070 | $34,760 | $35,520 | $36,840 | $37,980 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Accounting in Ferrum
- Dark Yellow: All Professions in Ferrum
Salaries for accounting professionals in Ferrum have increased. In 2010 an average salary of $42,702 per year was earned by accounting professionals in Ferrum. Four years earlier in 2006, the average salary for accounting professionals in Ferrum was $39,128 per year. The growth in the salary of accounting professionals in Ferrum is slower than the salary trend for all careers in the city.
Salary percentiles for Accounting professionals in Ferrum
10th percentile |
$26,890 |
25th percentile |
$31,797 |
50th percentile |
$40,243 |
75th percentile |
$51,392 |
90th percentile |
$61,232 |
Accounting professionals make a median salary of $40,243 per year in Ferrum. The 10% of accounting professionals in the lowest pay bracket earn less than $26,890 per year, while those in the highest pay bracket earn approximately 128% higher salaries.
Average Salaries for Accounting professionals and related professions in Ferrum
Accounting |
$42,702 |
Forensic Accounting |
$56,215 |
Finance |
$62,111 |
Business |
$77,924 |
Business Administration |
$87,500 |
Small Business |
$103,330 |
Ferrum accounting professionals have earnings that are lower than the salaries earned by others in related fields, on average.
Educational Trends
Accounting schools in Ferrum
There is only one accredited accounting school in the city. Many of Ferrum's accounting professionals are graduates of this school.
Accounting Programs Offered In Ferrum
associate |
0 |
bachelor |
1 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 1 |
Ferrum's accounting school offers one accounting degree and certificate program.
Student Completed Accounting Degrees In Ferrum
associate |
0 |
bachelor |
11 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 11 |
In 2010 approximately 11 students graduated from accounting courses.