Ferrum has a total population of 1,313 and a student population of 1,425. Of these students, 1,425 are enrolled in schools that offer business administration programs.
The largest business administration school in Ferrum, by student population, is Ferrum College. In 2010, Ferrum College graduated approximately 11 students with credentials in business administration.
A reported 11 students graduated with credentials in business administration in Ferrum in 2010. In 2009 tuition at business administration schools in Ferrum was $23,565 per year, on average.
In addition to tuition costs, you should plan on spending an average of $800 for books and supplies each year, while enrolled in a business administration program in Ferrum. And if you live on campus, you will face an additional expense of $7,630 per year, on average, for room and board at Ferrum-based business administration schools. Students who live at home can cut this cost down to approximately $26,080.
Many business administration graduates choose to work as general managers after graduation. If you choose to follow that path and remain in Ferrum, your job prospects are not very good. In 2010, of the 49,270 general managers in Virginia, 1,820 were working in the greater Ferrum area. Ferrum's general manager workforce is projected to increase by 5% by the year 2018. This anticipated change is faster than the projected nationwide trend for general managers.