Business Schools
In Somerville, Massachusetts
In Somerville, there is only one business school where business faculty can find employment. Below are statistics and other relevant data to help analyze the state of business and business education in Somerville, which includes business training at the business certificate level.
Statistics
Professional Trends
Somerville Vs. Massachusetts Business Employment
| Somerville | 94,220 |
| Massachusetts | 151,320 |
Exactly 94,220 of Massachusetts' 151,320 business professionals work in Somerville. The number of business professionals in Somerville has shrunk by 0% from 2006 to 2010. Overall employment in Somerville has increased.
Somerville Vs. Massachusetts Business employment growth
| 151,140 | 146,170 | 149,760 | 150,020 | 151,320 |
| 94,280 | 91,820 | 93,610 | 94,960 | 94,220 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Massachusetts
- Dark Yellow: Somerville
Business VS. All professions salaries in Somerville
| $97,742 | $101,797 | $106,278 | $111,291 | $114,458 |
| $52,100 | $54,000 | $56,060 | $58,330 | $59,410 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Business in Somerville
- Dark Yellow: All Professions in Somerville
As the number of business professionals in Somerville has shrunk, salaries for business professionals have increased. In 2010 business professionals in Somerville reportedly earned an average salary of $114,458 per year. Four years earlier in 2006, the average salary for business professionals in Somerville was $97,742 per year. The growth in the salary of business professionals in Somerville is faster than the salary trend for all careers in the city.
Salary percentiles for Business professionals in Somerville
10th percentile |
$58,854 |
25th percentile |
$77,342 |
50th percentile |
$94,698 |
75th percentile |
$120,644 |
90th percentile |
$111,783 |
Business professionals in Somerville make a median yearly salary of $94,698. The difference in pay between the business professionals in the lowest pay bracket and those in the highest pay bracket is approximately 90%. Those in the lowest 10% of the pay bracket earn less than $58,854 per year, while those in the highest 10% of the pay bracket earn more than $111,783 per year.
Average Salaries for Business professionals and related professions in Somerville
Hospitality |
$43,061 |
Human Resources |
$46,860 |
Accounting |
$54,640 |
Fashion Merchandising |
$68,723 |
Restaurant Management |
$71,400 |
Risk Management |
$74,380 |
Hotel Management |
$75,880 |
Forensic Accounting |
$76,135 |
Finance |
$83,192 |
Fashion Marketing |
$85,440 |
Property Management |
$86,520 |
Advertising |
$92,900 |
Project Management |
$95,102 |
Management |
$101,533 |
International Business |
$111,486 |
Business |
$114,458 |
Sports Management |
$115,980 |
Business Administration |
$118,180 |
Public Relations |
$121,020 |
Small Business |
$127,530 |
Business Management |
$132,055 |
Marketing |
$135,703 |
On average business professional salaries in Somerville are higher than salaries earned by their professional counterparts in related professions.
Educational Trends
Business schools in Somerville
Many of Somerville's business professionals are graduates of the only accredited business school in the city.
Business Programs Offered In Somerville
associate |
0 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
1 |
| Total | 1 |
There is one degree and certificate program in business offered by Somerville's business school.
Student Completed Business Degrees In Somerville
associate |
0 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
39 |
| Total | 39 |
In 2010 approximately 39 students graduated from business courses.