The annual mean wage for management occupations in Colorado is $111,220, according to the Bureau of Labor Statistics. Forbes rates Colorado fifth on its 2012 list of the Best States for Business and Careers, and first in the “Labor Supply” category. The Small Business and Entrepreneurship Council ranks Colorado 9th on its 2011 Small Business Survival Index. The Tax Foundation Ranks Colorado 16th on its 2012 State Business Tax Climate Index, and Site Selection magazine ranks Colorado 18th on its list of states with the best business climates. The state is home to nine Fortune 500 corporations, including DISH Network, Qwest Communications and Western Union.
Colorado’s economic success is due to its highly diversified economy, dominated by no single industry. Agriculture, manufacturing, financial services, mining and natural resources are a few of the state’s thriving industrial sectors. Colorado also has the highest concentration of high-tech workers in the United States. Five cities in Colorado make Forbes’ 2012 list of the 200 Best Places for Business and Careers: Fort Collins (5), Denver (9), Colorado Springs (30), Greeley (42) and Boulder (44). All five locations offer significant opportunities for MBA graduates, especially in the growth areas of aerospace, technology, education, bio-science and clean energy.