Small Business Schools In Indiana
There are 7 accredited small business schools in Indiana for faculty who teach small business classes to choose from. Below are statistics and other relevant data to help analyze the state of small business and small business training in Indiana, which includes small business training at the small business bachelors degree level.
Schools
Cities
Statistics
Professional Trends
Indiana Vs. National Small Business Employment
| Indiana | 22,480 |
| National | 1,708,080 |
Of all of the small business professionals that work in the US, approximately 1% work in Indiana state.
Employment Growth for Small business professionals In Indiana
| 27,270 | 24,930 | 24,540 | 22,900 | 22,480 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
The number of small business professionals is shrinking in Indiana. In 2010 there were 4,790 less small business professionals working in Indiana than there were in 2006. This represents a 18% decline in the field. This decline 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 Indiana
| $91,510 | $99,990 | $104,440 | $108,570 | $111,030 |
| $41,263 | $43,445 | $44,845 | $44,830 | $45,974 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Small Business
- Dark Yellow: All Professions
The salaries paid to small business professionals are growing in Indiana. In 2006 small business professionals made a mean salary of $91,510 per year, and in 2010 they made $111,030 per year.
Salary percentiles for Small business professionals in Indiana
10th percentile |
$50,890 |
25th percentile |
$68,090 |
50th percentile |
$95,840 |
75th percentile |
$136,190 |
90th percentile |
$176,540 |
Thus, small business professionals' salaries grew by 18% in 4 years. This growth is mirrored by state trends for all professionals. There is a 247% pay differential between the highest paid small business professionals and those in the bottom 10% of the pay bracket. Thus, there is huge variation in pay, within the field of small business in Indiana.
Average Salaries for Small business professionals and related professions in Indiana
Accounting |
$43,487 |
Advertising |
$64,135 |
Business Administration |
$84,833 |
Business Management |
$97,257 |
Finance |
$69,123 |
Forensic Accounting |
$58,303 |
Hospitality |
$31,147 |
Human Resources |
$57,647 |
International Business |
$85,243 |
Management |
$74,371 |
Marketing |
$77,710 |
Project Management |
$74,501 |
Property Management |
$52,130 |
Restaurant Management |
$51,160 |
Risk Management |
$78,463 |
Small Business |
$111,030 |
In Indiana, small business professionals earn, on average, more than professionals in related fields.
Educational Trends
Small Business programs available for each degree type for all schools in Indiana
associate |
0 |
bachelor |
7 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 7 |
As the number of small business professionals is decreasing in Indiana state, the number of students graduating from the 7 accredited small business schools in Indiana state is decreasing. In Indiana, there were 37 graduates in 2006. And there were 15 graduates from small business courses in 2010.
This represents a 59% decrease in the number of small business degree or certificate school graduates in Indiana state. Most of these graduates, or 100%, earned a bachelor's degree in small business.