Business Schools
In Newark, New Jersey
In Newark, there are 3 business schools where business faculty can find employment. The trends in Newark's business academic community can be evaluated by looking at the statistics and graphs below, which includes 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
Newark Vs. New Jersey Business Employment
| Newark | 33,970 |
| New Jersey | 128,210 |
Exactly 33,970 of the 128,210 business professionals employed in New Jersey, work in Newark. Between 2006 and 2010, in Newark, there has been a 6% decline in the number of business professionals. As the number of business professionals in Newark has decreased, overall employment in Newark has increased.
Newark Vs. New Jersey Business employment growth
| 129,650 | 128,680 | 131,780 | 129,420 | 128,210 |
| 36,090 | 35,610 | 37,330 | 35,910 | 33,970 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: New Jersey
- Dark Yellow: Newark
Business VS. All professions salaries in Newark
| $98,682 | $105,063 | $109,971 | $113,541 | $116,159 |
| $47,640 | $49,050 | $50,680 | $52,760 | $53,550 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Business in Newark
- Dark Yellow: All Professions in Newark
In Newark, salaries for business professionals have increased. Newark business professionals made $116,159 per year, on average, in 2010. Four years earlier in 2006, business professionals in Newark made an average salary of $98,682 per year. This growth is faster than the salary trend for all careers in Newark.
Salary percentiles for Business professionals in Newark
10th percentile |
$62,971 |
25th percentile |
$81,046 |
50th percentile |
$99,604 |
75th percentile |
$109,290 |
90th percentile |
$121,558 |
Business professionals in Newark make a median yearly salary of $99,604. The difference in pay between the business professionals in the lowest pay bracket and those in the highest pay bracket is approximately 93%. Those in the lowest 10% of the pay bracket earn less than $62,971 per year, while those in the highest 10% of the pay bracket earn more than $121,558 per year.
Average Salaries for Business professionals and related professions in Newark
Human Resources |
$40,970 |
Hospitality |
$41,393 |
Accounting |
$54,635 |
Restaurant Management |
$67,710 |
Risk Management |
$68,320 |
Fashion Merchandising |
$69,170 |
Hotel Management |
$72,270 |
Forensic Accounting |
$76,460 |
Finance |
$84,306 |
Property Management |
$84,460 |
Fashion Marketing |
$92,915 |
Advertising |
$93,940 |
Project Management |
$96,234 |
Management |
$103,141 |
Public Relations |
$115,940 |
Business |
$116,159 |
International Business |
$117,798 |
Marketing |
$131,920 |
Business Administration |
$140,120 |
Business Management |
$142,449 |
Small Business |
$166,600 |
Business professional salaries in Newark are, on average, higher than salaries earned for professionals in related fields.
Educational Trends
Business schools in Newark
There are 3 accredited business schools in the city. Many of Newark's business professionals are graduates of one of these schools.
Business Programs Offered In Newark
associate |
3 |
bachelor |
8 |
master |
8 |
doctor |
1 |
Certificate |
1 |
| Total | 21 |
Newark's business schools offer 21 business degree and certificate programs.
Student Completed Business Degrees In Newark
associate |
209 |
bachelor |
630 |
master |
753 |
doctor |
9 |
Certificate |
29 |
| Total | 1,630 |
In 2010 approximately 1,630 students graduated from business courses.