Business Management Schools In Massachusetts
Business Management classes faculty can choose to work at one of 19 accredited business management schools in Massachusetts. The graphs, statistics and analysis below outline the current state and the future direction of academia in business management in the state of Massachusetts, which encompasses business management training at the following levels:
- Business Management Certificate
- Associates degree in Business Management
- Bachelors degree in Business Management
- Masters degree in Business Management
Statistics
Professional Trends
Massachusetts Vs. National Business Management Employment
| Massachusetts | 124,610 |
| National | 3,944,090 |
Approximately 3% of the country's business management professionals work in Massachusetts state.
Employment Growth for Business management professionals In Massachusetts
| 127,450 | 122,410 | 125,490 | 124,850 | 124,610 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
In Massachusetts, the field of business management is shrinking. In Massachusetts, 2,840 less business management professionals were working in 2010, than there were in 2006. This represents a 2% decline in the field. This is slower than the trend for business management professionals around the US. Nationally, the number of business management professionals has grown by 4% between 2006 and 2010.
Business Management VS. All Professions salaries in Massachusetts
| $83,484 | $106,115 | $113,197 | $118,629 | $119,986 |
| $49,058 | $52,712 | $53,675 | $55,178 | $56,645 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Business Management
- Dark Yellow: All Professions
In Massachusetts, as the number of business management professionals is declining, the salaries earned by business management professionals are increasing. In 2006 business management professionals made a mean salary of $83,484 per year, and in 2010 they made $119,986 per year.
Salary percentiles for Business management professionals in Massachusetts
10th percentile |
$57,870 |
25th percentile |
$77,433 |
50th percentile |
$88,738 |
75th percentile |
$126,148 |
90th percentile |
$163,558 |
Thus, there was a 30% growth in business management professionals' salaries. This growth is mirrored by state trends for all professionals. There is a 183% pay differential between the highest paid business management professionals and those in the bottom 10% of the pay bracket. Thus, there is huge variation in pay, within the field of business management in Massachusetts.
Average Salaries for Business management professionals and related professions in Massachusetts
Business Administration |
$102,900 |
Business Management |
$119,986 |
Construction Management |
$71,672 |
Healthcare Management |
$112,670 |
Hotel Management |
$72,150 |
International Business |
$88,468 |
MBA |
$152,650 |
Project Management |
$90,992 |
Property Management |
$80,990 |
Public Administration |
$85,585 |
Restaurant Management |
$63,000 |
Risk Management |
$83,317 |
Small Business |
$119,110 |
Supply Chain Management |
$79,690 |
In Massachusetts, business management professionals earn, on average, more than professionals in related fields.
Educational Trends
Business Management programs available for each degree type for all schools in Massachusetts
associate |
4 |
bachelor |
9 |
master |
7 |
doctor |
0 |
Certificate |
5 |
| Total | 25 |
As the number of business management professionals is decreasing in Massachusetts state, the number of students graduating from the 19 accredited business management schools in Massachusetts state is decreasing. In Massachusetts, there were 557 graduates in 2006. And there were 241 graduates from business management courses in 2010.
Thus there was a 57% percent decrease in the number of business management school degree or certificate graduates in Massachusetts. Most of these graduates, or 36%, earned an bachelor's degree in business management.