Business Administration Schools
In Somerset, Kentucky
The city of Somerset has only one school where business administration faculty can find employment. The trends in Somerset's business administration academic community can be evaluated by looking at the statistics and graphs below, which includes business administration training at the following levels:
- Business Administration Certificate
- Associates degree in Business Administration
Statistics
Professional Trends
Somerset Vs. Kentucky Business Administration Employment
| Somerset | 1,830 |
| Kentucky | 26,010 |
Of the 26,010 business administration professionals employed in Kentucky, 1,830 work in Somerset. There has been a 7% decline in the number of business administration professionals in Somerset between the years 2006 and 2010. Overall employment in Somerset has increased.
Somerset Vs. Kentucky Business Administration employment growth
| 25,270 | 25,540 | 25,550 | 25,410 | 26,010 |
| 1,970 | 1,770 | 1,690 | No data | 1,830 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Kentucky
- Dark Yellow: Somerset
Business Administration VS. All professions salaries in Somerset
| $62,805 | $69,930 | $70,260 | No data | $69,230 |
| $28,350 | $29,770 | $31,040 | No data | $32,630 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Business Administration in Somerset
- Dark Yellow: All Professions in Somerset
As the number of business administration professionals in Somerset has shrunk, salaries for business administration professionals have increased. In 2010 Somerset business administration professionals earned an average yearly salary of $69,230. Four years earlier in 2006, the average salary for business administration professionals in Somerset was $62,805 per year. This growth is slower than the salary trend for all careers in Somerset.
Salary percentiles for Business administration professionals in Somerset
10th percentile |
$38,280 |
25th percentile |
$46,590 |
50th percentile |
$63,175 |
75th percentile |
$82,540 |
90th percentile |
$105,605 |
Somerset business administration professionals earn a median yearly salary of $63,175. The 10% of business administration professionals in the lowest pay bracket earn less than $38,280 per year, while those in the highest pay bracket earn approximately $105,605 per year.
Average Salaries for Business administration professionals and related professions in Somerset
Human Resources |
$32,780 |
Project Management |
$61,740 |
Business Administration |
$69,230 |
Business Management |
$80,667 |
Public Administration |
$87,640 |
MBA |
$110,705 |
On average business administration professional salaries in Somerset are lower than salaries earned by their professional counterparts in related professions.
Educational Trends
Business Administration schools in Somerset
There is only one accredited business administration school in the city. Many of Somerset's business administration professionals are graduates of this school.
Business Administration Programs Offered In Somerset
associate |
1 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
2 |
| Total | 3 |
There are a total of 3 degree and certificate programs in business administration offered by Somerset's business administration schools.
Student Completed Business Administration Degrees In Somerset
associate |
24 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
100 |
| Total | 124 |
Approximately 124 students graduated from business administration courses in 2010.