Business Schools In Grand Rapids, Michigan
In Grand Rapids, there are 8 business schools where business faculty can find employment. The graphs, statistics and analysis below outline the current state and the future direction of academia in business in the city of Grand Rapids, which encompasses business training at the following levels:
- Business Certificate
- Associates degree in Business
- Bachelors degree in Business
- Masters degree in Business
Statistics
Professional Trends
Grand Rapids Vs. Michigan Business Employment
| Grand Rapids | 10,650 |
| Michigan | 110,550 |
Exactly 10,650 of Michigan's 110,550 business professionals work in Grand Rapids. The number of business professionals in Grand Rapids has shrunk by 8% from 2006 to 2010. As the employment for business professionals in Grand Rapids has decreased, overall employment in Grand Rapids has increased.
Grand Rapids Vs. Michigan Business employment growth
| 127,220 | 117,890 | 122,730 | 113,090 | 110,550 |
| 11,550 | 10,810 | 11,860 | 10,870 | 10,650 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Michigan
- Dark Yellow: Grand Rapids
Business VS. All professions salaries in Grand Rapids
| $74,759 | $78,929 | $83,203 | $83,952 | $85,468 |
| $38,060 | $39,250 | $40,460 | $40,710 | $41,010 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Business in Grand Rapids
- Dark Yellow: All Professions in Grand Rapids
In Grand Rapids, salaries for business professionals have increased. In 2010 an average salary of $85,468 per year was earned by business professionals in Grand Rapids. The average salary for business professionals in Grand Rapids was $74,759 per year, four years earlier in 2006. This growth is slower than the salary trend for all careers in Grand Rapids.
Salary percentiles for Business professionals in Grand Rapids
10th percentile |
$46,840 |
25th percentile |
$60,651 |
50th percentile |
$79,724 |
75th percentile |
$87,553 |
90th percentile |
$102,580 |
Business professionals in Grand Rapids earn a median salary of $79,724 per year. The difference in pay between the business professionals in the lowest pay bracket and those in the highest pay bracket is approximately 119%. Those in the lowest 10% of the pay bracket earn less than $46,840 per year, while those in the highest 10% of the pay bracket earn more than $102,580 per year.
Average Salaries for Business professionals and related professions in Grand Rapids
Hotel Management |
$0 |
Hospitality |
$29,143 |
Human Resources |
$41,050 |
Accounting |
$43,087 |
Restaurant Management |
$48,530 |
Property Management |
$51,020 |
Risk Management |
$54,030 |
Fashion Merchandising |
$55,498 |
Forensic Accounting |
$59,260 |
Finance |
$59,918 |
Advertising |
$64,210 |
Fashion Marketing |
$65,460 |
Project Management |
$79,204 |
Management |
$79,625 |
Business |
$85,468 |
Business Administration |
$87,135 |
Public Relations |
$88,450 |
Sports Management |
$90,310 |
International Business |
$90,744 |
Business Management |
$98,231 |
Small Business |
$103,210 |
Marketing |
$103,910 |
Business professional salaries in Grand Rapids are, on average, higher than salaries earned for professionals in related fields.
Educational Trends
Business schools in Grand Rapids
There are 8 accredited business schools in the city. Many of Grand Rapids' business professionals are graduates of one of these schools.
Business Programs Offered In Grand Rapids
associate |
9 |
bachelor |
35 |
master |
6 |
doctor |
0 |
Certificate |
5 |
| Total | 55 |
Grand Rapids' business schools offer 55 business degree and certificate programs.
Student Completed Business Degrees In Grand Rapids
associate |
486 |
bachelor |
1,323 |
master |
290 |
doctor |
0 |
Certificate |
45 |
| Total | 2,144 |
Approximately 2,144 students completed business courses in 2010.