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
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 |
| Total | 12 |
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 |
| Total | 258 |
Approximately 258 students graduated from business courses in 2010.