Business Schools
In Traverse City, Michigan
Business faculty can choose to work at only one business school in Traverse City. Below are statistics and other relevant data to help analyze the state of business and business education in Traverse City, which includes business training at the business associates degree level.
Statistics
Professional Trends
Traverse City Vs. Michigan Business Employment
| Traverse City | 2,460 |
| Michigan | 110,550 |
Exactly 2,460 of Michigan's 110,550 business professionals work in Traverse City. There has been a 12% decline in the number of business professionals in Traverse City between the years 2006 and 2010. As the employment for business professionals in Traverse City has decreased, overall employment in Traverse City has increased.
Traverse City Vs. Michigan Business employment growth
| 127,220 | 117,890 | 122,730 | 113,090 | 110,550 |
| 2,780 | 2,700 | 2,690 | No data | 2,460 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Michigan
- Dark Yellow: Traverse City
Business VS. All professions salaries in Traverse City
| $72,240 | $77,980 | $77,101 | No data | $78,138 |
| $33,850 | $34,480 | $35,390 | No data | $36,410 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Business in Traverse City
- Dark Yellow: All Professions in Traverse City
Salaries for business professionals in Traverse City have increased. Traverse City business professionals made $78,138 per year, on average, in 2010. Four years earlier in 2006, the average salary for business professionals in Traverse City was $72,240 per year. The growth in the salary of business professionals in Traverse City is slower than the salary trend for all careers in the city.
Salary percentiles for Business professionals in Traverse City
10th percentile |
$34,807 |
25th percentile |
$51,678 |
50th percentile |
$71,545 |
75th percentile |
$94,063 |
90th percentile |
$113,104 |
Business professionals in Traverse City make a median yearly salary of $71,545. The 10% of business professionals in the lowest pay bracket earn less than $34,807 per year, while those in the highest pay bracket earn approximately 225% higher salaries.
Average Salaries for Business professionals and related professions in Traverse City
Hospitality |
$33,673 |
Human Resources |
$34,930 |
Advertising |
$36,940 |
Accounting |
$40,172 |
Property Management |
$41,180 |
Restaurant Management |
$46,590 |
Fashion Merchandising |
$46,918 |
Fashion Marketing |
$54,085 |
Risk Management |
$59,220 |
Hotel Management |
$60,570 |
Forensic Accounting |
$62,415 |
Sports Management |
$67,290 |
Management |
$67,363 |
Finance |
$69,018 |
Project Management |
$72,442 |
International Business |
$73,068 |
Business |
$78,138 |
Business Administration |
$80,225 |
Marketing |
$83,280 |
Business Management |
$83,995 |
Small Business |
$89,800 |
On average business professionals in Traverse City earn salaries that are higher than the salaries earned by other professionals in Traverse City.
Educational Trends
Business schools in Traverse City
Many of Traverse City's business professionals are graduates of the only accredited business school in the city.
Business Programs Offered In Traverse City
associate |
3 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 3 |
Traverse City's business schools offer 3 business degree and certificate programs.
Student Completed Business Degrees In Traverse City
associate |
39 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 39 |
Approximately 39 students graduated from business courses in 2010.