Business Administration Schools
In Ferrum, Virginia
In Ferrum, there is only one business administration school where business administration faculty can find employment. Below are statistics and other relevant data to help analyze the state of business administration and business administration education in Ferrum, which includes business administration training at the business administration bachelors degree level.
Statistics
Professional Trends
Ferrum Vs. Virginia Business Administration Employment
| Ferrum | 1,950 |
| Virginia | 64,030 |
Of the 64,030 business administration professionals employed in Virginia, 1,950 work in Ferrum. Between 2006 and 2010, the number of business administration professionals in Ferrum has grown by 49%. As the employment for business administration professionals in Ferrum has increased, overall employment in Ferrum has also increased.
Ferrum Vs. Virginia Business Administration employment growth
| 41,600 | 43,580 | 10,990 | 59,370 | 64,030 |
| 1,310 | 1,390 | 1,640 | 1,790 | 1,950 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Virginia
- Dark Yellow: Ferrum
Business Administration VS. All professions salaries in Ferrum
| $82,320 | $75,565 | $77,725 | $78,975 | $87,500 |
| $34,070 | $34,760 | $35,520 | $36,840 | $37,980 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Business Administration in Ferrum
- Dark Yellow: All Professions in Ferrum
In Ferrum, salaries for business administration professionals have increased. In 2010 Ferrum business administration professionals earned an average yearly salary of $87,500. Four years earlier in 2006, business administration professionals in Ferrum made an average salary of $82,320 per year. This growth is slower than the salary trend for all careers in Ferrum.
Salary percentiles for Business administration professionals in Ferrum
10th percentile |
$38,175 |
25th percentile |
$57,570 |
50th percentile |
$78,490 |
75th percentile |
$106,875 |
90th percentile |
$103,230 |
Business administration professionals make a median salary of $78,490 per year in Ferrum. The difference in pay between the business administration professionals in the lowest pay bracket and those in the highest pay bracket is approximately 170%. Those in the lowest 10% of the pay bracket earn less than $38,175 per year, while those in the highest 10% of the pay bracket earn more than $103,230 per year.
Average Salaries for Business administration professionals and related professions in Ferrum
Human Resources |
$34,300 |
Project Management |
$71,116 |
Business Administration |
$87,500 |
Public Administration |
$89,915 |
Business Management |
$95,004 |
MBA |
$116,155 |
On average business administration professional salaries in Ferrum are higher than salaries earned by their professional counterparts in related professions.
Educational Trends
Business Administration schools in Ferrum
Many of Ferrum's business administration professionals are graduates of the only accredited business administration school in the city.
Business Administration Programs Offered In Ferrum
associate |
0 |
bachelor |
1 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 1 |
There is one degree and certificate program in business administration offered by Ferrum's business administration school.
Student Completed Business Administration Degrees In Ferrum
associate |
0 |
bachelor |
11 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 11 |
In 2010 approximately 11 students graduated from business administration courses.