Business Schools
In Richmond, Kentucky
The city of Richmond has only one school where business faculty can find employment. The trends in Richmond's business academic community can be evaluated by looking at the statistics and graphs below, which includes business training at the following levels:
- Bachelors degree in Business
- Masters degree in Business
Statistics
Professional Trends
Richmond Vs. Kentucky Business Employment
| Richmond | 5,170 |
| Kentucky | 50,420 |
Exactly 5,170 of the 50,420 business professionals employed in Kentucky, work in Richmond. Between 2006 and 2010, the number of business professionals in Richmond has grown by 31%. Overall employment in Richmond has also increased.
Richmond Vs. Kentucky Business employment growth
| 52,550 | 52,050 | 52,700 | 53,370 | 50,420 |
| 3,950 | 5,030 | 5,130 | No data | 5,170 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Kentucky
- Dark Yellow: Richmond
Business VS. All professions salaries in Richmond
| $56,488 | $62,427 | $71,219 | No data | $67,554 |
| $31,940 | $32,670 | $34,130 | No data | $35,360 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Business in Richmond
- Dark Yellow: All Professions in Richmond
As the number of business professionals in Richmond has grown, salaries for business professionals have also increased. Richmond business professionals made $67,554 per year, on average, in 2010. Four years earlier in 2006, business professionals in Richmond made an average salary of $56,488 per year. This growth is faster than the salary trend for all careers in Richmond.
Salary percentiles for Business professionals in Richmond
10th percentile |
$39,308 |
25th percentile |
$49,546 |
50th percentile |
$63,169 |
75th percentile |
$80,536 |
90th percentile |
$90,109 |
Business professionals make a median salary of $63,169 per year in Richmond. The difference in pay between the business professionals in the lowest pay bracket and those in the highest pay bracket is approximately 129%. Those in the lowest 10% of the pay bracket earn less than $39,308 per year, while those in the highest 10% of the pay bracket earn more than $90,109 per year.
Average Salaries for Business professionals and related professions in Richmond
Hospitality |
$30,702 |
Accounting |
$36,128 |
Human Resources |
$36,960 |
Property Management |
$41,500 |
Risk Management |
$42,410 |
Fashion Merchandising |
$43,640 |
Forensic Accounting |
$46,690 |
Restaurant Management |
$47,060 |
Advertising |
$47,617 |
Hotel Management |
$48,770 |
Finance |
$50,449 |
Fashion Marketing |
$58,625 |
Project Management |
$64,677 |
Management |
$64,982 |
Sports Management |
$66,730 |
Business Administration |
$66,870 |
Business |
$67,554 |
Public Relations |
$73,560 |
Business Management |
$74,870 |
Small Business |
$76,830 |
International Business |
$77,660 |
Marketing |
$89,730 |
On average business professional salaries in Richmond are higher than salaries earned by their professional counterparts in related professions.
Educational Trends
Business schools in Richmond
There is only one accredited business school in the city. Many of Richmond's business professionals are graduates of this school.
Business Programs Offered In Richmond
associate |
0 |
bachelor |
10 |
master |
1 |
doctor |
0 |
Certificate |
0 |
| Total | 11 |
Richmond's business schools offer 11 business degree and certificate programs.
Student Completed Business Degrees In Richmond
associate |
0 |
bachelor |
214 |
master |
29 |
doctor |
0 |
Certificate |
0 |
| Total | 243 |
Approximately 243 students graduated from business courses in 2010.