Business Schools
In Richmond, Indiana

There are 3 business schools in Richmond for faculty to choose from. Below are statistics and other relevant data to help analyze the state of business and business education in Richmond, which includes business training at the following levels:

  • Business Certificate
  • Associates degree in Business
  • Bachelors degree in Business


Statistics

Professional Trends

Richmond Vs. Indiana Business Employment

Richmond 2,370
Indiana 70,470

Of the 70,470 business professionals employed in Indiana, 2,370 work in Richmond. The number of business professionals in Richmond has shrunk by 24% from 2006 to 2010. Overall employment in Richmond has increased.

Richmond Vs. Indiana Business employment growth

74,920 73,020 73,000 70,490 70,470
3,100 2,750 2,690 No data 2,370
2006 2007 2008 2009 2010
  • Grey: Indiana
  • Dark Yellow: Richmond

Business VS. All professions salaries in Richmond

$73,316 $75,586 $77,114 No data $84,814
$31,770 $32,130 $33,300 No data $34,280
2006 2007 2008 2009 2010
  • Light Blue: Business in Richmond
  • Dark Yellow: All Professions in Richmond

In Richmond, salaries for business professionals have increased. In 2010 an average salary of $84,814 per year was earned by business professionals in Richmond. The average salary for business professionals in Richmond was $73,316 per year, four years earlier in 2006. The growth in the salary of business professionals in Richmond is faster than the salary trend for all careers in the city.

Salary percentiles for Business professionals in Richmond

10th percentile
$39,080
25th percentile
$54,606
50th percentile
$73,838
75th percentile
$94,351
90th percentile
$109,992

Business professionals make a median salary of $73,838 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 181%. Those in the lowest 10% of the pay bracket earn less than $39,080 per year, while those in the highest 10% of the pay bracket earn more than $109,992 per year.

Average Salaries for Business professionals and related professions in Richmond

Hospitality
$25,344
Human Resources
$35,750
Accounting
$37,475
Advertising
$45,260
Fashion Merchandising
$49,298
Restaurant Management
$50,640
Finance
$57,262
Forensic Accounting
$58,220
Sports Management
$67,240
Project Management
$70,329
Management
$74,625
Fashion Marketing
$76,830
Marketing
$81,210
Business
$84,814
Business Administration
$85,835
Business Management
$91,354
International Business
$97,173
Small Business
$100,950

Business professional salaries in Richmond are, on average, higher than salaries earned for professionals in related fields.

Educational Trends

Business schools in Richmond

3

There are 3 accredited business schools in the city. Many of Richmond's business professionals are graduates of one of these schools.

Business Programs Offered In Richmond

associate
4
bachelor
3
master
0
doctor
0
Certificate
5
Total12

Richmond's business schools offer 12 business degree and certificate programs.

Student Completed Business Degrees In Richmond

associate
65
bachelor
123
master
0
doctor
0
Certificate
70
Total258

Approximately 258 students graduated from business courses in 2010.

Business Faculty Salaries in Richmond, Indiana

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