Small Business Schools In Grand Rapids, Michigan
There are 2 small business schools in Grand Rapids for faculty to choose from. The trends in Grand Rapids' small business academic community can be evaluated by looking at the statistics and graphs below, which includes small business training at the following levels:
- Associates degree in Small Business
- Bachelors degree in Small Business
Statistics
Professional Trends
Grand Rapids Vs. Michigan Small Business Employment
| Grand Rapids | 3,460 |
| Michigan | 36,840 |
Exactly 3,460 of Michigan's 36,840 small business professionals work in Grand Rapids. Between 2006 and 2010, in Grand Rapids, there has been a 10% decline in the number of small business professionals. Overall employment in Grand Rapids has increased.
Grand Rapids Vs. Michigan Small Business employment growth
| 40,010 | 34,850 | 35,760 | 34,440 | 36,840 |
| 3,840 | 3,590 | 3,680 | 3,500 | 3,460 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Michigan
- Dark Yellow: Grand Rapids
Small Business VS. All professions salaries in Grand Rapids
| $86,660 | $90,800 | $93,130 | $97,520 | $103,210 |
| $38,060 | $39,250 | $40,460 | $40,710 | $41,010 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Small Business in Grand Rapids
- Dark Yellow: All Professions in Grand Rapids
Salaries for small business professionals in Grand Rapids have increased. In 2010 small business professionals in Grand Rapids reportedly earned an average salary of $103,210 per year. Four years earlier in 2006, small business professionals in Grand Rapids made an average salary of $86,660 per year. The growth in the salary of small business professionals in Grand Rapids is faster than the salary trend for all careers in the city.
Salary percentiles for Small business professionals in Grand Rapids
10th percentile |
$50,640 |
25th percentile |
$68,630 |
50th percentile |
$93,160 |
75th percentile |
$121,880 |
90th percentile |
$150,600 |
Grand Rapids small business professionals earn a median yearly salary of $93,160. The 10% of small business professionals in the lowest pay bracket earn less than $50,640 per year, while those in the highest pay bracket earn approximately 197% higher salaries.
Average Salaries for Small business professionals and related professions in Grand Rapids
Hospitality |
$29,143 |
Human Resources |
$41,050 |
Accounting |
$43,087 |
Restaurant Management |
$48,530 |
Property Management |
$51,020 |
Risk Management |
$54,030 |
Forensic Accounting |
$59,260 |
Finance |
$59,918 |
Advertising |
$64,210 |
Project Management |
$79,204 |
Management |
$79,625 |
Business Administration |
$87,135 |
International Business |
$90,744 |
Business Management |
$98,231 |
Small Business |
$103,210 |
Marketing |
$103,910 |
On average small business professionals in Grand Rapids earn salaries that are higher than the salaries earned by other professionals in Grand Rapids.
Educational Trends
Small Business schools in Grand Rapids
Many of Grand Rapids' small business professionals are graduates of one of the 2 accredited small business schools in the city.
Small Business Programs Offered In Grand Rapids
associate |
0 |
bachelor |
1 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 1 |
There is one degree and certificate program in small business offered by Grand Rapids' small business school.
Student Completed Small Business Degrees In Grand Rapids
associate |
0 |
bachelor |
4 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 4 |
Approximately 4 students graduated from small business courses in 2010.