Small Business Schools In New Jersey
There are 13 accredited small business schools in New Jersey 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 New Jersey, 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
- Masters degree in Small Business
Schools
Cities
Statistics
Professional Trends
New Jersey Vs. National Small Business Employment
| New Jersey | 38,960 |
| National | 1,708,080 |
Of all of the small business professionals that work in the US, approximately 2% work in New Jersey state.
Employment Growth for Small business professionals In New Jersey
| 39,740 | 37,070 | 38,520 | 38,600 | 38,960 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
In New Jersey, small business is a shrinking field. In New Jersey, 780 less small business professionals were working in 2010, than there were in 2006. So, in four years, the number of small business professionals has shrunk by 2%. This decline is slower 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 New Jersey
| $137,570 | $144,350 | $152,390 | $157,050 | $162,420 |
| $50,031 | $52,191 | $53,328 | $54,026 | $55,877 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Small Business
- Dark Yellow: All Professions
As the number of small business professionals is declining, the salaries paid to small business professionals are increasing in New Jersey. Small business professionals earned a yearly mean salary of $137,570 in 2006. They earned a yearly mean salary of $162,420 in 2010.
Salary percentiles for Small business professionals in New Jersey
10th percentile |
$76,420 |
25th percentile |
$101,430 |
50th percentile |
$146,570 |
75th percentile |
$191,710 |
90th percentile |
$236,850 |
This represents a 15% growth in salaries. State trends for all professions mirror this growth. In New Jersey state, within the field of small business, there is a huge variation in pay. The highest paid small business professionals earn 92% more money than those in the bottom 10% of the pay bracket.
Average Salaries for Small business professionals and related professions in New Jersey
Accounting |
$53,200 |
Advertising |
$93,088 |
Business Administration |
$116,543 |
Business Management |
$126,438 |
Finance |
$82,836 |
Forensic Accounting |
$65,487 |
Hospitality |
$41,023 |
Human Resources |
$79,573 |
International Business |
$107,918 |
Management |
$105,368 |
Marketing |
$99,950 |
Project Management |
$92,304 |
Property Management |
$70,540 |
Restaurant Management |
$66,690 |
Risk Management |
$84,657 |
Small Business |
$162,420 |
In New Jersey, 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 New Jersey
associate |
1 |
bachelor |
5 |
master |
3 |
doctor |
0 |
Certificate |
9 |
| Total | 18 |
The number of students graduating from the 13 accredited small business schools in New Jersey is increasing. In New Jersey, there were 44 graduates in 2006. And there were 75 graduates from small business courses in 2010.
Thus there was a 70% percent increase in the number of small business school degree or certificate graduates in New Jersey. Most of these graduates, or 50%, earned an undergraduate certificate in small business.