Small Business Schools In Kentucky
There are 4 accredited small business schools in Kentucky for faculty who teach small business classes to choose from. The following statistics and charts help analyze the current state of the small business academic community in Kentucky, and the future trends in small business training at the following levels:
- Bachelors degree in Small Business
- PhD degree in Small Business
Schools
Cities
Statistics
Professional Trends
Kentucky Vs. National Small Business Employment
| Kentucky | 22,820 |
| National | 1,708,080 |
Of all of the small business professionals in the country, nearly 1% are in the state of Kentucky.
Employment Growth for Small business professionals In Kentucky
| 23,360 | 22,450 | 22,130 | 22,030 | 22,820 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
Small Business is a shrinking field in Kentucky. There were 540 less small business professionals working in Kentucky in 2010, than there were in 2006. Thus, in Kentucky, this field has shrunk by 2% in four years. This is slower than the trend for small business professionals around the US. Nationally, the number of small business professionals has grown by 3% between 2006 and 2010.
Small Business VS. All Professions salaries in Kentucky
| $78,340 | $84,320 | $86,330 | $86,070 | $91,140 |
| $39,791 | $41,432 | $43,385 | $44,191 | $44,977 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Small Business
- Dark Yellow: All Professions
In Kentucky, as the number of small business professionals is declining, the salaries earned by small business professionals are increasing. Small business professionals earned a yearly mean salary of $78,340 in 2006. They earned a yearly mean salary of $91,140 in 2010.
Salary percentiles for Small business professionals in Kentucky
10th percentile |
$39,690 |
25th percentile |
$54,390 |
50th percentile |
$78,120 |
75th percentile |
$110,600 |
90th percentile |
$160,730 |
This represents a growth in salaries of 14%. State trends for all professions mirror this growth. Within the field of small business, there is a huge variation in pay, with the highest paid small business professionals earning 305% more money than those in the bottom 10% of the pay bracket in Kentucky state.
Average Salaries for Small business professionals and related professions in Kentucky
Accounting |
$39,495 |
Advertising |
$52,610 |
Business Administration |
$74,900 |
Business Management |
$81,750 |
Finance |
$58,225 |
Forensic Accounting |
$48,620 |
Hospitality |
$31,147 |
Human Resources |
$56,093 |
International Business |
$79,097 |
Management |
$69,667 |
Marketing |
$76,335 |
Project Management |
$65,894 |
Property Management |
$42,460 |
Restaurant Management |
$47,800 |
Risk Management |
$69,920 |
Small Business |
$91,140 |
Small business professionals in Kentucky earn, on average, more than their counterparts in related professions.
Educational Trends
Small Business programs available for each degree type for all schools in Kentucky
associate |
0 |
bachelor |
3 |
master |
0 |
doctor |
1 |
Certificate |
0 |
| Total | 4 |
As the number of small business professionals is decreasing in Kentucky state, the number of students graduating from the 4 accredited small business schools in Kentucky state is increasing. In 2006 there were 1 small business graduates from small business courses in Kentucky and in 2010 there were 6 graduates.
Thus there was a 500% percent increase in the number of small business school degree or certificate graduates in Kentucky. Most of these graduates, or 75%, earned a bachelor's degree in small business.