Business Schools
In Grand Rapids, Minnesota
In Grand Rapids, there is only one business school where business faculty can find employment. The trends in Grand Rapids' business academic community can be evaluated by looking at the statistics and graphs below, which includes business training at the business associates degree level.
Statistics
Professional Trends
Grand Rapids Vs. Minnesota Business Employment
| Grand Rapids | 1,080 |
| Minnesota | 92,000 |
Exactly 1,080 of Minnesota's 92,000 business professionals work in Grand Rapids. Between 2006 and 2010, the number of business professionals in Grand Rapids has shrunk by 6%. As the employment for business professionals in Grand Rapids has decreased, overall employment in Grand Rapids has also decreased.
Grand Rapids Vs. Minnesota Business employment growth
| 94,080 | 92,550 | 92,290 | 89,070 | 92,000 |
| 1,150 | 1,120 | 1,070 | No data | 1,080 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Minnesota
- Dark Yellow: Grand Rapids
Business VS. All professions salaries in Grand Rapids
| $60,207 | $65,638 | $71,118 | No data | $72,308 |
| $33,370 | $34,300 | $34,770 | No data | $35,780 |
| 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 $72,308 per year was earned by business professionals in Grand Rapids. Business professionals in Grand Rapids made a yearly average salary of $60,207, four years earlier in 2006. The growth in the salary of business professionals in Grand Rapids is faster than the salary trend for all careers in the city.
Salary percentiles for Business professionals in Grand Rapids
10th percentile |
$42,250 |
25th percentile |
$51,852 |
50th percentile |
$67,738 |
75th percentile |
$85,670 |
90th percentile |
$96,446 |
Grand Rapids business professionals earn a median yearly salary of $67,738. The 10% of business professionals in the lowest pay bracket earn less than $42,250 per year, while those in the highest pay bracket earn approximately 128% higher salaries.
Average Salaries for Business professionals and related professions in Grand Rapids
Hospitality |
$31,087 |
Human Resources |
$33,530 |
Advertising |
$33,870 |
Accounting |
$37,760 |
Fashion Merchandising |
$37,900 |
Restaurant Management |
$42,250 |
Hotel Management |
$42,640 |
Property Management |
$48,900 |
Forensic Accounting |
$54,740 |
Marketing |
$62,680 |
Management |
$62,902 |
Finance |
$64,553 |
Project Management |
$68,268 |
Business Administration |
$69,375 |
Business |
$72,308 |
Small Business |
$73,540 |
International Business |
$76,877 |
Sports Management |
$78,010 |
Business Management |
$82,272 |
On average business professionals in Grand Rapids earn salaries that are higher than the salaries earned by other professionals in Grand Rapids.
Educational Trends
Business schools in Grand Rapids
There is only one accredited business school in the city. Many of Grand Rapids' business professionals are graduates of this school.
Business Programs Offered In Grand Rapids
associate |
2 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 2 |
There are a total of 2 degree and certificate programs in business offered by Grand Rapids' business schools.
Student Completed Business Degrees In Grand Rapids
associate |
9 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 9 |
Approximately 9 students completed business courses in 2010.