Business Schools
In Ferrum, Virginia
Business faculty can choose to work at only one business school in Ferrum. Below are statistics and other relevant data to help analyze the state of business and business education in Ferrum, which includes business training at the business bachelors degree level.
Statistics
Professional Trends
Ferrum Vs. Virginia Business Employment
| Ferrum | 4,320 |
| Virginia | 168,080 |
Exactly 4,320 of the 168,080 business professionals employed in Virginia, work in Ferrum. Between 2006 and 2010, the number of business professionals in Ferrum has grown by 12%. As the number of business professionals in Ferrum has increased, overall employment in Ferrum has also increased.
Ferrum Vs. Virginia Business employment growth
| 128,710 | 133,640 | 107,730 | 161,460 | 168,080 |
| 3,850 | 4,080 | 4,110 | 4,380 | 4,320 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Virginia
- Dark Yellow: Ferrum
Business VS. All professions salaries in Ferrum
| $77,461 | $74,190 | $76,338 | $77,440 | $77,924 |
| $34,070 | $34,760 | $35,520 | $36,840 | $37,980 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Business in Ferrum
- Dark Yellow: All Professions in Ferrum
In Ferrum, salaries for business professionals have increased. In 2010 business professionals in Ferrum reportedly earned an average salary of $77,924 per year. Four years earlier in 2006, business professionals in Ferrum made an average salary of $77,461 per year. The growth in the salary of business professionals in Ferrum is slower than the salary trend for all careers in the city.
Salary percentiles for Business professionals in Ferrum
10th percentile |
$35,231 |
25th percentile |
$47,239 |
50th percentile |
$72,809 |
75th percentile |
$88,215 |
90th percentile |
$103,361 |
Ferrum business professionals earn a median yearly salary of $72,809. The difference in pay between the business professionals in the lowest pay bracket and those in the highest pay bracket is approximately 193%. Those in the lowest 10% of the pay bracket earn less than $35,231 per year, while those in the highest 10% of the pay bracket earn more than $103,361 per year.
Average Salaries for Business professionals and related professions in Ferrum
Hospitality |
$28,620 |
Human Resources |
$34,300 |
Accounting |
$42,702 |
Advertising |
$44,340 |
Risk Management |
$50,190 |
Restaurant Management |
$50,520 |
Fashion Merchandising |
$51,605 |
Forensic Accounting |
$56,215 |
Finance |
$62,111 |
Project Management |
$71,116 |
Fashion Marketing |
$73,095 |
Business |
$77,924 |
International Business |
$78,390 |
Management |
$80,291 |
Property Management |
$80,610 |
Sports Management |
$81,480 |
Marketing |
$85,757 |
Business Administration |
$87,500 |
Business Management |
$95,004 |
Small Business |
$103,330 |
Ferrum business professionals have earnings that are higher than the salaries earned by others in related fields, on average.
Educational Trends
Business schools in Ferrum
There is only one accredited business school in the city. Many of Ferrum's business professionals are graduates of this school.
Business Programs Offered In Ferrum
associate |
0 |
bachelor |
6 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 6 |
Ferrum's business schools offer 6 business degree and certificate programs.
Student Completed Business Degrees In Ferrum
associate |
0 |
bachelor |
46 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 46 |
In 2010 approximately 46 students completed business courses.