Business Schools In Detroit, Michigan
There are 5 business schools in Detroit for faculty to choose from. The following statistics and charts help analyze the current state of the business academic community in Detroit, and the future trends. Academia in business includes business training at the following levels:
- Business Certificate
- Associates degree in Business
- Bachelors degree in Business
- Masters degree in Business
Statistics
Professional Trends
Detroit Vs. Michigan Business Employment
| Detroit | 20,080 |
| Michigan | 110,550 |
Of the 110,550 business professionals employed in Michigan, 20,080 work in Detroit. The number of business professionals in Detroit has shrunk by 17% from 2006 to 2010. As the number of business professionals in Detroit has decreased, overall employment in Detroit has increased.
Detroit Vs. Michigan Business employment growth
| 127,220 | 117,890 | 122,730 | 113,090 | 110,550 |
| 24,150 | 22,570 | 22,970 | 20,600 | 20,080 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Michigan
- Dark Yellow: Detroit
Business VS. All professions salaries in Detroit
| $92,960 | $90,408 | $94,643 | $96,530 | $100,254 |
| $46,670 | $47,590 | $46,920 | $46,900 | $47,530 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Business in Detroit
- Dark Yellow: All Professions in Detroit
In Detroit, salaries for business professionals have increased. In 2010 an average salary of $100,254 per year was earned by business professionals in Detroit. Business professionals in Detroit made a yearly average salary of $92,960, four years earlier in 2006. The growth in the salary of business professionals in Detroit is slower than the salary trend for all careers in the city.
Salary percentiles for Business professionals in Detroit
10th percentile |
$53,615 |
25th percentile |
$68,279 |
50th percentile |
$80,843 |
75th percentile |
$108,784 |
90th percentile |
$116,860 |
Business professionals in Detroit make a median yearly salary of $80,843. The difference in pay between the business professionals in the lowest pay bracket and those in the highest pay bracket is approximately 118%. Those in the lowest 10% of the pay bracket earn less than $53,615 per year, while those in the highest 10% of the pay bracket earn more than $116,860 per year.
Average Salaries for Business professionals and related professions in Detroit
Hospitality |
$35,769 |
Human Resources |
$39,940 |
Accounting |
$43,572 |
Restaurant Management |
$55,400 |
Property Management |
$55,490 |
Fashion Merchandising |
$60,705 |
Hotel Management |
$63,390 |
Advertising |
$67,783 |
Finance |
$68,386 |
Fashion Marketing |
$69,515 |
Risk Management |
$69,960 |
Forensic Accounting |
$72,270 |
Project Management |
$82,896 |
Management |
$90,496 |
Business Administration |
$98,535 |
Business |
$100,254 |
International Business |
$100,932 |
Marketing |
$101,190 |
Public Relations |
$101,590 |
Business Management |
$114,933 |
Sports Management |
$117,670 |
Small Business |
$120,550 |
Detroit business professionals have earnings that are higher than the salaries earned by others in related fields, on average.
Educational Trends
Business schools in Detroit
Many of Detroit's business professionals are graduates of one of the 5 accredited business schools in the city.
Business Programs Offered In Detroit
associate |
2 |
bachelor |
10 |
master |
6 |
doctor |
0 |
Certificate |
4 |
| Total | 22 |
There are a total of 22 degree and certificate programs in business offered by Detroit's business schools.
Student Completed Business Degrees In Detroit
associate |
89 |
bachelor |
375 |
master |
448 |
doctor |
0 |
Certificate |
45 |
| Total | 957 |
In 2010 approximately 957 students completed business courses.