Small Business Schools
In Troy, Michigan
In Troy, there is only one small business school where small business faculty can find employment. Below are statistics and other relevant data to help analyze the state of small business and small business education in Troy, which includes small business training at the small business bachelors degree level.
Statistics
Professional Trends
Troy Vs. Michigan Small Business Employment
| Troy | 11,300 |
| Michigan | 36,840 |
Exactly 11,300 of the 36,840 small business professionals employed in Michigan, work in Troy. Between 2006 and 2010, in Troy, there has been a 3% decline in the number of small business professionals. As the number of small business professionals in Troy has decreased, overall employment in Troy has increased.
Troy Vs. Michigan Small Business employment growth
| 40,010 | 34,850 | 35,760 | 34,440 | 36,840 |
| 11,620 | 10,040 | 11,090 | 10,610 | 11,300 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Michigan
- Dark Yellow: Troy
Small Business VS. All professions salaries in Troy
| $106,230 | $112,880 | $107,070 | $112,370 | $115,160 |
| $44,550 | $45,610 | $46,550 | $46,440 | $46,790 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Small Business in Troy
- Dark Yellow: All Professions in Troy
As the number of small business professionals in Troy has shrunk, salaries for small business professionals have increased. In 2010 Troy small business professionals earned an average yearly salary of $115,160. Four years earlier in 2006, small business professionals in Troy made an average salary of $106,230 per year. The growth in the salary of small business professionals in Troy is slower than the salary trend for all careers in the city.
Salary percentiles for Small business professionals in Troy
10th percentile |
$44,780 |
25th percentile |
$67,570 |
50th percentile |
$98,730 |
75th percentile |
$144,450 |
90th percentile |
$190,170 |
Small business professionals in Troy earn a median salary of $98,730 per year. The 10% of small business professionals in the lowest pay bracket earn less than $44,780 per year, while those in the highest pay bracket earn approximately 325% higher salaries.
Average Salaries for Small business professionals and related professions in Troy
Hospitality |
$34,124 |
Human Resources |
$38,290 |
Accounting |
$47,512 |
Property Management |
$48,310 |
Restaurant Management |
$64,680 |
Forensic Accounting |
$64,870 |
Advertising |
$65,423 |
Risk Management |
$70,280 |
Finance |
$74,563 |
Project Management |
$79,344 |
Management |
$85,564 |
International Business |
$101,970 |
Marketing |
$102,187 |
Business Administration |
$103,000 |
Business Management |
$111,564 |
Small Business |
$115,160 |
Troy small business professionals have earnings that are higher than the salaries earned by others in related fields, on average.
Educational Trends
Small Business schools in Troy
Many of Troy's small business professionals are graduates of the only accredited small business school in the city.
Small Business Programs Offered In Troy
| No data at this time. |
Troy's small business school offers one small business degree and certificate program.
Student Completed Small Business Degrees In Troy
| No data at this time. |