Small Business Schools In South Dakota
Small Business classes faculty can choose to work at one of 3 accredited small business schools in South Dakota. The trends in South Dakota's small business academic community can be evaluated by looking at the statistics and graphs below. Academia in small business includes small business training at the following levels:
- Associates degree in Small Business
- Bachelors degree in Small Business
Schools
Cities
Statistics
Professional Trends
South Dakota Vs. National Small Business Employment
| South Dakota | 3,140 |
| National | 1,708,080 |
Approximately 0% of the country's small business professionals work in South Dakota state.
Employment Growth for Small business professionals In South Dakota
| 2,930 | 2,710 | 2,680 | 2,950 | 3,140 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
Small Business is a growing field in South Dakota. 210 more small business professionals were working in South Dakota in 2010, than there were in 2006. Thus, in South Dakota, this field has grown by 7% in four years. 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 South Dakota
| $95,440 | $98,350 | $103,490 | $103,800 | $105,510 |
| $38,163 | $39,417 | $40,567 | $40,767 | $40,691 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Small Business
- Dark Yellow: All Professions
The amount earned by small business professionals is increasing in South Dakota. In 2006 small business professionals made a mean salary of $95,440 per year, and in 2010 they made $105,510 per year.
Salary percentiles for Small business professionals in South Dakota
10th percentile |
$63,560 |
25th percentile |
$75,100 |
50th percentile |
$95,070 |
75th percentile |
$119,280 |
90th percentile |
$163,940 |
Thus, there was a 10% growth in small business professionals' salaries. This growth is mirrored by state trends for all professionals. In the state of South Dakota, there is a huge variation in pay, within the field of small business. The pay differential between the highest paid small business professionals and those in the bottom 10% of the pay bracket is 158%
Average Salaries for Small business professionals and related professions in South Dakota
Accounting |
$36,962 |
Advertising |
$52,540 |
Business Administration |
$79,433 |
Business Management |
$92,891 |
Finance |
$66,649 |
Forensic Accounting |
$59,470 |
Hospitality |
$30,407 |
Human Resources |
$52,217 |
International Business |
$75,012 |
Management |
$75,814 |
Marketing |
$78,257 |
Project Management |
$67,123 |
Property Management |
$33,650 |
Restaurant Management |
$47,020 |
Risk Management |
$57,295 |
Small Business |
$105,510 |
Small business professionals in South Dakota earn, on average, more than their counterparts in related professions.
Educational Trends
Small Business programs available for each degree type for all schools in South Dakota
associate |
1 |
bachelor |
2 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 3 |
The number of students graduating from the 3 accredited small business schools in South Dakota is decreasing. In 2006 there were 2 small business graduates from small business courses in South Dakota and in 2010 there were 1 graduates.
This represents a 50% decrease in the number of small business degree or certificate school graduates in South Dakota state. A majority of these graduates, or 67%, graduated with an bachelor's degree in small business.