Small Business Schools
In Ely, Minnesota
Small Business faculty can choose to work at only one small business school in Ely. The trends in Ely's small business academic community can be evaluated by looking at the statistics and graphs below, which includes small business training at the small business certificate level.
Statistics
Professional Trends
Ely Vs. Minnesota Small Business Employment
| Ely | 1,070 |
| Minnesota | 30,150 |
Exactly 1,070 of the 30,150 small business professionals employed in Minnesota, work in Ely. There has been a 16% decline in the number of small business professionals in Ely between the years 2006 and 2010. As the number of small business professionals in Ely has decreased, overall employment in Ely has also decreased.
Ely Vs. Minnesota Small Business employment growth
| 34,110 | 31,930 | 31,340 | 29,390 | 30,150 |
| 1,280 | 1,180 | 1,220 | 1,140 | 1,070 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Minnesota
- Dark Yellow: Ely
Small Business VS. All professions salaries in Ely
| $82,830 | $85,990 | $86,210 | $89,240 | $90,190 |
| $35,620 | $36,280 | $37,850 | $38,380 | $39,120 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Small Business in Ely
- Dark Yellow: All Professions in Ely
Salaries for small business professionals in Ely have increased. In 2010 small business professionals in Ely reportedly earned an average salary of $90,190 per year. The average salary for small business professionals in Ely was $82,830 per year, four years earlier in 2006. This growth is slower than the salary trend for all careers in Ely.
Salary percentiles for Small business professionals in Ely
10th percentile |
$40,020 |
25th percentile |
$55,530 |
50th percentile |
$75,500 |
75th percentile |
$104,080 |
90th percentile |
$161,410 |
Small business professionals make a median salary of $75,500 per year in Ely. The difference in pay between the small business professionals in the lowest pay bracket and those in the highest pay bracket is approximately 303%. Those in the lowest 10% of the pay bracket earn less than $40,020 per year, while those in the highest 10% of the pay bracket earn more than $161,410 per year.
Average Salaries for Small business professionals and related professions in Ely
Hospitality |
$29,863 |
Human Resources |
$35,700 |
Accounting |
$40,595 |
Property Management |
$42,960 |
Restaurant Management |
$43,940 |
Forensic Accounting |
$60,240 |
Risk Management |
$62,450 |
Advertising |
$63,090 |
Finance |
$71,664 |
Management |
$71,820 |
Project Management |
$74,634 |
International Business |
$78,646 |
Business Administration |
$84,720 |
Marketing |
$87,247 |
Small Business |
$90,190 |
Business Management |
$94,193 |
On average small business professionals in Ely earn salaries that are higher than the salaries earned by other professionals in Ely.
Educational Trends
Small Business schools in Ely
There is only one accredited small business school in the city. Many of Ely's small business professionals are graduates of this school.
Small Business Programs Offered In Ely
associate |
0 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
1 |
| Total | 1 |
Ely's small business school offers one small business degree and certificate program.
Student Completed Small Business Degrees In Ely
associate |
0 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
1 |
| Total | 1 |
In 2010 approximately 1 students graduated from small business courses.