Finance Schools
In Ferrum, Virginia
Finance faculty can choose to work at only one finance school in Ferrum. The graphs, statistics and analysis below outline the current state and the future direction of academia in finance in the city of Ferrum, which encompasses finance training at the finance bachelors degree level.
Statistics
Professional Trends
Ferrum Vs. Virginia Finance Employment
| Ferrum | 2,420 |
| Virginia | 71,390 |
Exactly 2,420 of Virginia's 71,390 finance professionals work in Ferrum. The number of finance professionals in Ferrum has shrunk by 5% from 2006 to 2010. As the number of finance professionals in Ferrum has decreased, overall employment in Ferrum has increased.
Ferrum Vs. Virginia Finance employment growth
| 68,030 | 69,560 | 71,230 | 72,510 | 71,390 |
| 2,550 | 2,670 | 2,350 | 2,620 | 2,420 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Virginia
- Dark Yellow: Ferrum
Finance VS. All professions salaries in Ferrum
| $62,631 | $62,477 | $60,899 | $59,439 | $62,111 |
| $34,070 | $34,760 | $35,520 | $36,840 | $37,980 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Finance in Ferrum
- Dark Yellow: All Professions in Ferrum
As the number of finance professionals in Ferrum has shrunk, salaries for finance professionals have also decreased. In 2010 finance professionals in Ferrum reportedly earned an average salary of $62,111 per year. Four years earlier in 2006, finance professionals in Ferrum made an average salary of $62,631 per year. This decline is slower than the salary trend for all careers in Ferrum.
Salary percentiles for Finance professionals in Ferrum
10th percentile |
$35,856 |
25th percentile |
$42,912 |
50th percentile |
$54,944 |
75th percentile |
$76,120 |
90th percentile |
$99,997 |
Finance professionals make a median salary of $54,944 per year in Ferrum. The difference in pay between the finance professionals in the lowest pay bracket and those in the highest pay bracket is approximately 179%. Those in the lowest 10% of the pay bracket earn less than $35,856 per year, while those in the highest 10% of the pay bracket earn more than $99,997 per year.
Average Salaries for Finance professionals and related professions in Ferrum
Accounting |
$42,702 |
Risk Management |
$50,190 |
Finance |
$62,111 |
Business |
$77,924 |
International Business |
$78,390 |
Marketing |
$85,757 |
Business Administration |
$87,500 |
Business Management |
$95,004 |
Small Business |
$103,330 |
On average finance professional salaries in Ferrum are lower than salaries earned by their professional counterparts in related professions.
Educational Trends
Finance schools in Ferrum
There is only one accredited finance school in the city. Many of Ferrum's finance professionals are graduates of this school.
Finance Programs Offered In Ferrum
associate |
0 |
bachelor |
1 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 1 |
Ferrum's finance school offers one finance degree and certificate program.
Student Completed Finance Degrees In Ferrum
associate |
0 |
bachelor |
4 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 4 |
Approximately 4 students graduated from finance courses in 2010.