Small Business Schools In Missouri
In Missouri, there are 11 accredited schools where small business classes faculty can find employment. The following statistics and charts help analyze the current state of the small business academic community in Missouri, and the future trends in small business training at the following levels:
- Small Business Certificate
- Associates degree in Small Business
- Bachelors degree in Small Business
Statistics
Professional Trends
Missouri Vs. National Small Business Employment
| Missouri | 38,720 |
| National | 1,708,080 |
Of all of the small business professionals in the country, nearly 2% are in the state of Missouri.
Employment Growth for Small business professionals In Missouri
| 25,790 | 27,940 | 31,760 | 35,380 | 38,720 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
In Missouri, the field of small business is growing. In 2010 there were 12,930 more small business professionals working in Missouri than there were in 2006. This represents a 50% growth in the field. This growth 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 Missouri
| $97,170 | $97,960 | $96,030 | $94,920 | $92,270 |
| $43,489 | $45,096 | $45,354 | $45,661 | $46,263 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Small Business
- Dark Yellow: All Professions
In Missouri, as the number of small business professionals is growing, the salaries earned by small business professionals are decreasing. Small business professionals earned a yearly mean salary of $97,170 in 2006. They earned a yearly mean salary of $92,270 in 2010.
Salary percentiles for Small business professionals in Missouri
10th percentile |
$38,210 |
25th percentile |
$52,000 |
50th percentile |
$74,630 |
75th percentile |
$114,630 |
90th percentile |
$154,630 |
Thus, there was a 5% decline in small business professionals' salaries. This decline is quite different from state trends for all professionals. 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 Missouri state.
Average Salaries for Small business professionals and related professions in Missouri
Accounting |
$42,028 |
Advertising |
$69,550 |
Business Administration |
$80,027 |
Business Management |
$90,825 |
Finance |
$71,262 |
Forensic Accounting |
$55,240 |
Hospitality |
$33,241 |
Human Resources |
$70,240 |
International Business |
$76,745 |
Management |
$78,385 |
Marketing |
$93,993 |
Project Management |
$74,367 |
Property Management |
$75,070 |
Restaurant Management |
$54,750 |
Risk Management |
$70,900 |
Small Business |
$92,270 |
In Missouri, small business professionals make, on average, more than their counterparts in related professions.
Educational Trends
Small Business programs available for each degree type for all schools in Missouri
associate |
1 |
bachelor |
8 |
master |
0 |
doctor |
0 |
Certificate |
2 |
| Total | 11 |
As the number of small business professionals is increasing in Missouri state, the number of students graduating from the 11 accredited small business schools in Missouri state is also increasing. In 2006 there were 5 small business graduates from small business courses in Missouri and in 2010 there were 22 graduates.
This represents a 340% increase in the number of small business degree or certificate school graduates in Missouri state. Most of these graduates, or 73%, earned an bachelor's degree in small business.