Small Business Schools
In Elgin, Illinois
In Elgin, there is only one small business school where small business faculty can find employment. The trends in Elgin's small business academic community can be evaluated by looking at the statistics and graphs below, which includes small business training at the following levels:
- Small Business Certificate
- Associates degree in Small Business
Statistics
Professional Trends
Elgin Vs. Illinois Small Business Employment
| Elgin | 44,560 |
| Illinois | 67,340 |
Exactly 44,560 of Illinois' 67,340 small business professionals work in Elgin. Between 2006 and 2010, in Elgin, there has been a 26% growth in the number of small business professionals. Overall employment in Elgin has also increased.
Elgin Vs. Illinois Small Business employment growth
| 52,240 | 55,860 | 56,900 | 61,640 | 67,340 |
| 35,270 | 36,720 | 37,750 | 40,940 | 44,560 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Illinois
- Dark Yellow: Elgin
Small Business VS. All professions salaries in Elgin
| $108,920 | $118,600 | $125,540 | $124,130 | $120,660 |
| $43,430 | $45,710 | $47,740 | $48,910 | $49,140 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Small Business in Elgin
- Dark Yellow: All Professions in Elgin
Salaries for small business professionals in Elgin have increased. Elgin small business professionals made $120,660 per year, on average, in 2010. Four years earlier in 2006, small business professionals in Elgin made an average salary of $108,920 per year. This growth is slower than the salary trend for all careers in Elgin.
Salary percentiles for Small business professionals in Elgin
10th percentile |
$52,310 |
25th percentile |
$71,350 |
50th percentile |
$101,390 |
75th percentile |
$150,590 |
90th percentile |
$199,790 |
Small business professionals make a median salary of $101,390 per year in Elgin. The difference in pay between the small business professionals in the lowest pay bracket and those in the highest pay bracket is approximately 282%. Those in the lowest 10% of the pay bracket earn less than $52,310 per year, while those in the highest 10% of the pay bracket earn more than $199,790 per year.
Average Salaries for Small business professionals and related professions in Elgin
Hospitality |
$34,014 |
Human Resources |
$40,650 |
Accounting |
$48,728 |
Restaurant Management |
$52,890 |
Property Management |
$60,480 |
Forensic Accounting |
$74,660 |
Advertising |
$75,070 |
Risk Management |
$75,330 |
Finance |
$82,754 |
Project Management |
$82,867 |
Management |
$84,354 |
Marketing |
$94,313 |
Business Administration |
$95,005 |
International Business |
$100,880 |
Business Management |
$108,390 |
Small Business |
$120,660 |
On average small business professional salaries in Elgin are higher than salaries earned by their professional counterparts in related professions.
Educational Trends
Small Business schools in Elgin
There is only one accredited small business school in the city. Many of Elgin's small business professionals are graduates of this school.
Small Business Programs Offered In Elgin
associate |
1 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
3 |
| Total | 4 |
There are a total of 4 degree and certificate programs in small business offered by Elgin's small business schools.
Student Completed Small Business Degrees In Elgin
associate |
4 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
16 |
| Total | 20 |
In 2010 approximately 20 students graduated from small business courses.