Business Management Schools In Michigan
Michigan has 38 accredited business management schools where business management faculty who teach business management classes can find employment. Below are statistics and other relevant data to help analyze the state of business management and business management training in Michigan, which includes 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
- PhD degree in Business Management
Schools
Cities
Statistics
Professional Trends
Michigan Vs. National Business Management Employment
| Michigan | 88,750 |
| National | 3,944,090 |
Of all of the business management professionals in the country, nearly 2% are in the state of Michigan.
Employment Growth for Business management professionals In Michigan
| 104,520 | 96,720 | 98,990 | 90,230 | 88,750 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
In Michigan, business management is a shrinking field. In Michigan, 15,770 less business management professionals were working in 2010, than there were in 2006. Thus, in Michigan, this field has shrunk by 15% in four years. This decline is faster than the change in the number of business management professionals around the country. Nationally, the number of business management professionals has grown by 4% from 2006 to 2010.
Business Management VS. All Professions salaries in Michigan
| $90,361 | $89,924 | $88,768 | $100,339 | $93,703 |
| $45,563 | $47,071 | $48,208 | $48,728 | $49,286 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Business Management
- Dark Yellow: All Professions
As the number of business management professionals is declining, the salaries paid to business management professionals are increasing in Michigan. In 2006 business management professionals made a mean salary of $90,361 per year, and in 2010 they made $93,703 per year.
Salary percentiles for Business management professionals in Michigan
10th percentile |
$42,350 |
25th percentile |
$59,394 |
50th percentile |
$82,284 |
75th percentile |
$95,214 |
90th percentile |
$108,144 |
This represents a growth in salaries of 4%. This growth is mirrored by state trends for all professionals. There is a 155% 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 Michigan.
Average Salaries for Business management professionals and related professions in Michigan
Business Administration |
$86,443 |
Business Management |
$93,703 |
Construction Management |
$62,956 |
Healthcare Management |
$85,980 |
Hotel Management |
$50,780 |
International Business |
$89,963 |
MBA |
$134,740 |
Project Management |
$76,701 |
Property Management |
$47,100 |
Public Administration |
$87,235 |
Restaurant Management |
$53,400 |
Risk Management |
$75,860 |
Small Business |
$106,400 |
Supply Chain Management |
$75,620 |
In Michigan, 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 Michigan
associate |
13 |
bachelor |
22 |
master |
6 |
doctor |
2 |
Certificate |
16 |
| Total | 59 |
As the number of business management professionals is decreasing in Michigan state, the number of students graduating from the 38 accredited business management schools in Michigan state is decreasing. In 2006, 753 students graduated from business management courses in Michigan. And in 2010, 553 students graduated.
This represents a 27% decrease in the number of business management degree or certificate school graduates in Michigan state. A majority of these graduates, or 37%, graduated with a bachelor's degree in business management.