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

1

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
Total6

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
Total46

In 2010 approximately 46 students completed business courses.

Business Faculty Salaries in Ferrum, Virginia

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