MBA Schools In Michigan
Michigan has 84 accredited mba schools where mba faculty who teach mba classes can find employment. Below are statistics and other relevant data to help analyze the state of mba and mba training in Michigan, which includes mba training at the following levels:
Schools
Cities
Statistics
Professional Trends
Michigan Vs. National MBA Employment
| Michigan | 46,970 |
| National | 1,981,580 |
Of all of the mba professionals in the country, nearly 2% are in the state of Michigan.
Employment Growth for Mba professionals In Michigan
| 56,290 | 48,470 | 48,800 | 45,950 | 46,970 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
MBA is a shrinking field in Michigan. There were 9,320 less mba professionals working in Michigan in 2010, than there were in 2006. So, in four years, the number of mba professionals has shrunk by 17%. This is faster than the trend for mba professionals around the US. Nationally, the number of mba professionals has grown by 1% between 2006 and 2010.
MBA VS. All Professions salaries in Michigan
| $116,170 | $122,805 | $125,280 | $130,540 | $134,740 |
| $45,563 | $47,071 | $48,208 | $48,728 | $49,286 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: MBA
- Dark Yellow: All Professions
The amount earned by mba professionals is increasing in Michigan. The mean salary for mba professionals in 2006 was $116,170 per year. And in 2010 the mean salary was $134,740 per year.
Salary percentiles for Mba professionals in Michigan
10th percentile |
$57,920 |
25th percentile |
$81,715 |
50th percentile |
$120,295 |
75th percentile |
$158,875 |
90th percentile |
$197,455 |
Thus, mba professionals' salaries grew by 14% in 4 years. This growth is mirrored by state trends for all professionals. In Michigan state, within the field of mba, there is a slight variation in pay. The highest paid mba professionals earn -80% more money than those in the bottom 10% of the pay bracket.
Average Salaries for Mba professionals and related professions in Michigan
Business Administration |
$86,443 |
Business Management |
$93,703 |
MBA |
$134,740 |
Mba professionals in Michigan earn, on average, more than their counterparts in related professions.
Educational Trends
MBA programs available for each degree type for all schools in Michigan
associate |
50 |
bachelor |
54 |
master |
24 |
doctor |
2 |
Certificate |
17 |
| Total | 147 |
As the number of mba professionals is decreasing in Michigan state, the number of students graduating from the 84 accredited mba schools in Michigan state is decreasing. In 2006, 8,854 students graduated from mba courses in Michigan. And in 2010, 8,750 students graduated.
This represents a 1% decrease in the number of mba degree or certificate school graduates in Michigan state. Most of these graduates, or 37%, earned a bachelor's degree in mba.