Small Business Schools In West Virginia
West Virginia has 2 accredited small business schools where small business faculty who teach small business classes can find employment. The following statistics and charts help analyze the current state of the small business academic community in West Virginia, and the future trends in small business training at the following levels:
- Small Business Certificate
- Bachelors degree in Small Business
Schools
Cities
Statistics
Professional Trends
West Virginia Vs. National Small Business Employment
| West Virginia | 8,680 |
| National | 1,708,080 |
Of all of the small business professionals in the country, nearly 1% are in the state of West Virginia.
Employment Growth for Small business professionals In West Virginia
| 7,410 | 6,820 | 7,210 | 7,780 | 8,680 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
Small Business is a growing field in West Virginia. 1,270 more small business professionals were working in West Virginia in 2010, than there were in 2006. This represents a 17% 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 West Virginia
| $74,330 | $73,960 | $74,150 | $77,070 | $78,500 |
| $38,568 | $40,154 | $41,268 | $42,203 | $43,413 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Small Business
- Dark Yellow: All Professions
In West Virginia, as the number of small business professionals is growing, the salaries earned by small business professionals are increasing. The mean salary for small business professionals in 2006 was $74,330 per year. And in 2010 the mean salary was $78,500 per year.
Salary percentiles for Small business professionals in West Virginia
10th percentile |
$32,820 |
25th percentile |
$45,720 |
50th percentile |
$65,660 |
75th percentile |
$95,470 |
90th percentile |
$138,130 |
Thus, there was a 5% growth in small business professionals' salaries. This growth is mirrored by state trends for all professionals. In West Virginia state, within the field of small business, there is a huge variation in pay. The highest paid small business professionals earn 321% more money than those in the bottom 10% of the pay bracket.
Average Salaries for Small business professionals and related professions in West Virginia
Accounting |
$38,267 |
Advertising |
$49,672 |
Business Administration |
$66,553 |
Business Management |
$73,656 |
Finance |
$59,921 |
Forensic Accounting |
$54,020 |
Hospitality |
$28,483 |
Human Resources |
$55,897 |
International Business |
$75,378 |
Management |
$67,512 |
Marketing |
$68,887 |
Project Management |
$73,614 |
Property Management |
$34,420 |
Restaurant Management |
$42,270 |
Risk Management |
$62,935 |
Small Business |
$78,500 |
In West Virginia, 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 West Virginia
associate |
0 |
bachelor |
1 |
master |
0 |
doctor |
0 |
Certificate |
1 |
| Total | 2 |
The number of students graduating from the 2 accredited small business schools in West Virginia is decreasing. In 2006 there were 9 small business graduates from small business courses in West Virginia and in 2010 there were 6 graduates.
There was a decrease in the number of small business school degree or certificate graduates in West Virginia by 33%. A majority of these graduates, or 50%, graduated with a bachelor's degree in small business.