Small Business Schools In Alabama
Small Business classes faculty can choose to work at one of 2 accredited small business schools in Alabama. The following statistics and charts help analyze the current state of the small business academic community in Alabama, and the future trends in small business training at the small business bachelors degree level.
Schools
Cities
Statistics
Professional Trends
Alabama Vs. National Small Business Employment
| Alabama | 30,870 |
| National | 1,708,080 |
Of all of the small business professionals in the country, nearly 2% are in the state of Alabama.
Employment Growth for Small business professionals In Alabama
| 28,780 | 30,850 | 33,500 | 33,390 | 30,870 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
The number of small business professionals is growing in Alabama. In 2010 there were 2,090 more small business professionals working in Alabama than there were in 2006. So, in four years, the number of small business professionals has grown by 7%. This growth is faster than the national trend for small business professionals which shows a 3% increase in the number of small business professionals working around the nation.
Small Business VS. All Professions salaries in Alabama
| $89,440 | $90,720 | $92,330 | $95,880 | $102,690 |
| $39,917 | $41,500 | $42,923 | $44,323 | $46,099 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Small Business
- Dark Yellow: All Professions
As the number of small business professionals is growing, the salaries paid to small business professionals are increasing in Alabama. In 2006 small business professionals made a mean salary of $89,440 per year, and in 2010 they made $102,690 per year.
Salary percentiles for Small business professionals in Alabama
10th percentile |
$46,240 |
25th percentile |
$60,700 |
50th percentile |
$85,130 |
75th percentile |
$125,860 |
90th percentile |
$166,590 |
Thus, there was a 13% growth in small business professionals' salaries. State trends for all professions mirror this growth. In the state of Alabama, there is a huge variation in pay, within the field of small business. The pay differential between the highest paid small business professionals and those in the bottom 10% of the pay bracket is 260%
Average Salaries for Small business professionals and related professions in Alabama
Accounting |
$43,103 |
Advertising |
$72,288 |
Business Administration |
$85,517 |
Business Management |
$102,474 |
Finance |
$67,735 |
Forensic Accounting |
$60,073 |
Hospitality |
$29,944 |
Human Resources |
$60,510 |
International Business |
$89,477 |
Management |
$81,384 |
Marketing |
$85,588 |
Project Management |
$79,164 |
Property Management |
$75,190 |
Restaurant Management |
$52,810 |
Risk Management |
$73,347 |
Small Business |
$102,690 |
In Alabama, small business professionals make, on average, more than their counterparts in related professions.
Educational Trends
Small Business programs available for each degree type for all schools in Alabama
associate |
0 |
bachelor |
2 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 2 |
The number of students graduating from the 2 accredited small business schools in Alabama is decreasing. In 2006 there were 6 small business graduates from small business courses in Alabama and in 2010 there were 3 graduates.
This represents a 50% decrease in the number of small business degree or certificate school graduates in Alabama state. A majority of these graduates, or 100%, graduated with a bachelor's degree in small business.