Business Schools In Maryland
In Maryland, there are 47 accredited schools where business classes faculty can find employment. The following statistics and charts help analyze the current state of the business academic community in Maryland, and the future trends in business training at the following levels:
- Business Certificate
- Associates degree in Business
- Bachelors degree in Business
- Masters degree in Business
- PhD degree in Business
Statistics
Professional Trends
Maryland Vs. National Business Employment
| Maryland | 125,860 |
| National | 4,698,490 |
Of all of the business professionals that work in the US, approximately 3% work in Maryland state.
Employment Growth for Business professionals In Maryland
| 118,150 | 114,980 | 121,590 | 122,760 | 125,860 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
The number of business professionals is growing in Maryland. In 2010 there were 7,710 more business professionals working in Maryland than there were in 2006. Thus, in Maryland, this field has grown by 7% in four years. This growth is faster than the change in the number of business professionals around the country. Nationally, the number of business professionals has grown by 3% from 2006 to 2010.
Business VS. All Professions salaries in Maryland
| $85,698 | $90,357 | $91,989 | $94,292 | $98,595 |
| $47,750 | $50,212 | $51,747 | $52,671 | $54,055 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Business
- Dark Yellow: All Professions
The salaries paid to business professionals are growing in Maryland. Business professionals earned a yearly mean salary of $85,698 in 2006. They earned a yearly mean salary of $98,595 in 2010.
Salary percentiles for Business professionals in Maryland
10th percentile |
$49,866 |
25th percentile |
$66,580 |
50th percentile |
$91,609 |
75th percentile |
$99,511 |
90th percentile |
$107,413 |
This represents a growth in salaries of 13%. This growth is mirrored by state trends for all professionals. There is a 115% pay differential between the highest paid business professionals and those in the bottom 10% of the pay bracket. Thus, there is huge variation in pay, within the field of business in Maryland.
Average Salaries for Business professionals and related professions in Maryland
Accounting |
$50,515 |
Advertising |
$79,580 |
Business |
$98,595 |
Business Administration |
$93,990 |
Business Management |
$96,439 |
Fashion Marketing |
$68,150 |
Fashion Merchandising |
$64,025 |
Finance |
$77,083 |
Forensic Accounting |
$66,773 |
Hospitality |
$39,340 |
Hotel Management |
$71,550 |
Human Resources |
$77,890 |
International Business |
$95,093 |
Management |
$91,110 |
Marketing |
$104,163 |
Project Management |
$86,214 |
Property Management |
$73,390 |
Public Relations |
$96,590 |
Restaurant Management |
$60,710 |
Risk Management |
$80,600 |
Small Business |
$120,860 |
Sports Management |
$111,720 |
Supply Chain Management |
$85,250 |
Business professionals in Maryland earn, on average, more than their counterparts in related professions.
Educational Trends
Business programs available for each degree type for all schools in Maryland
associate |
75 |
bachelor |
80 |
master |
63 |
doctor |
3 |
Certificate |
116 |
| Total | 337 |
As the number of business professionals is increasing in Maryland state, the number of students graduating from the 47 accredited business schools in Maryland state is decreasing. In 2006 there were 10,296 business graduates from business courses in Maryland and in 2010 there were 9,495 graduates.
There was a decrease in the number of business school degree or certificate graduates in Maryland by 8%. 34% of these graduates received a undergraduate certificate in business.