Small Business Schools In Virginia
Virginia has 3 accredited small business schools where small business faculty who teach small business classes can find employment. The trends in Virginia'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:
- Bachelors degree in Small Business
- Masters degree in Small Business
Schools
Cities
Statistics
Professional Trends
Virginia Vs. National Small Business Employment
| Virginia | 51,920 |
| National | 1,708,080 |
Of all of the small business professionals that work in the US, approximately 3% work in Virginia state.
Employment Growth for Small business professionals In Virginia
| 30,970 | 32,720 | 0 | 47,700 | 51,920 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
Small Business is a growing field in Virginia. There were 20,950 more small business professionals working in Virginia in 2010, than there were in 2006. So, in four years, the number of small business professionals has grown by 68%. 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 Virginia
| $118,860 | $119,280 | $119,550 | $120,320 | $122,420 |
| $46,318 | $48,287 | $49,095 | $50,643 | $51,501 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Small Business
- Dark Yellow: All Professions
In Virginia, as the number of small business professionals is growing, the salaries earned by small business professionals are increasing. In 2006 small business professionals made a mean salary of $118,860 per year, and in 2010 they made $122,420 per year.
Salary percentiles for Small business professionals in Virginia
10th percentile |
$46,290 |
25th percentile |
$71,030 |
50th percentile |
$109,380 |
75th percentile |
$156,710 |
90th percentile |
$204,040 |
Thus, there was a 3% growth in small business professionals' salaries. State trends for all professions mirror this growth. In Virginia state, within the field of small business, there is a huge variation in pay. The highest paid small business professionals earn 341% more money than those in the bottom 10% of the pay bracket.
Average Salaries for Small business professionals and related professions in Virginia
Accounting |
$49,843 |
Advertising |
$87,085 |
Business Administration |
$95,770 |
Business Management |
$112,988 |
Finance |
$79,644 |
Forensic Accounting |
$71,593 |
Hospitality |
$35,509 |
Human Resources |
$73,853 |
International Business |
$97,230 |
Management |
$94,245 |
Marketing |
$96,387 |
Project Management |
$83,946 |
Property Management |
$89,330 |
Restaurant Management |
$57,160 |
Risk Management |
$92,470 |
Small Business |
$122,420 |
In Virginia, small business professionals earn, on average, more than professionals in related fields.
Educational Trends
Small Business programs available for each degree type for all schools in Virginia
associate |
0 |
bachelor |
2 |
master |
1 |
doctor |
0 |
Certificate |
0 |
| Total | 3 |
As the number of small business professionals is increasing in Virginia state, the number of students graduating from the 3 accredited small business schools in Virginia state is also increasing. In Virginia, there were 11 graduates in 2006. And there were 17 graduates from small business courses in 2010.
Thus there was a 55% percent increase in the number of small business school degree or certificate graduates in Virginia. Most of these graduates, or 67%, earned a bachelor's degree in small business.