Program Wage and Debt Outcomes by Institution home page

Program Details
University of Richmond
Business Administration and Management, General (52.0201)
Master's Degree

Enrollment, Awards, Wages, Debt, and Other Outcomes

Business Administration

Program Status: Active/Approved to Enroll Students and Confer Degrees

Degree Title: MBA

2010 CIP Code: 520201

	Credit Hours	Program Offered
On-Campus:	Yes	Yes
Off-Campus:	Yes	No

Date Progam Approved to Confer Degrees: Before SCHEV

Enrollments and Awards
Academic Year	Fall Headcount	Annual FTE	Degrees
2018-19	73	51	27
2019-20	57	43	33
2020-21	47	36	27
2021-22	49	38	18
2022-23	51	42	17

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
		$ 10,251

The table to the right provides the degree award history of each the last five years, disaggregated by state residency. This breakout may may help explain why a relatively low percentage of program completers may appear to be working in Virginia.

Program Graduates by Domicile
Year	In-State	Out-of-State	Total
2018-19	22	5	27
2019-20	32	1	33
2020-21	26	1	27
2021-22	17	1	18
2022-23	14	3	17
Five Year Summary	111	11	122

Distribution by Gender and Race/Ethnicity within Five-year Totals,

Year	Foreign/ International	African Am. or Black (NH)	Am. Indian/ Native Am. (NH)	Asian/ Pacific Islander (NH)	Hispanic	White, Caucasian Am. (NH)	Multi-Race (NH)	Unknown/ Unreported (NH)	Total
Sum of the Last 5 Years	1	9	1	8	122	1	90	11	122

Wages Earned in 2020

The table below shows the wage data for the select program and places it in the context of all wages at the same degree level of this institution by graduates with at least three (3) quarters of employment.

Post-Completion Wage Outcomes, Earnings in 2022
Graduation Year	Grads (n)	Grads w/Wages (n)	25th Percentile	Median Wage	75th Percentile
2011-12 (10 years)	192	56%	$137,638	$171,528	$205,780
2013-14 (8 years)	180	54%	$120,343	$157,266	$215,915
2016-17 (5 years)	173	64%	$120,174	$143,992	$183,114
2018-19 (3 years)	157	74%	$109,769	$132,789	$169,521
2020-21 (18 months)	152	80%	$94,872	$121,202	$148,325

Student Debt of Graduates

Number of Borrowers and Known Debt at Graduation
	Borrowers (n)	Borrowers (%)	25th Percentile	Median	Mean	75th Percentile
2013-14 to 2017-18	69	40.6%	$ 20,500	$ 41,000	$ 38,636	$ 51,250
2014-15 to 2018-19	58	36.9%	$ 20,500	$ 40,345	$ 35,827	$ 49,733
2015-16 to 2019-20	63	38.4%	$ 19,834	$ 37,540	$ 34,563	$ 49,280
2016-17 to 2020-21	53	34.9%	$ 20,500	$ 35,070	$ 33,050	$ 45,000
2017-18 to 2021-22	47	35.6%	$ 20,500	$ 34,076	$ 31,978	$ 44,760

Note: Student borrowing at graduation, excludes PLUS loans, in five-year rollups. Includes all known institutionally-processed borrowing occuring at all public and nonprofit institutions in Virginia. Debt accrued outside Virginia in prior postsecondary activity is not available.

Number of Borrowers and Known Debt at Graduation, Including Parent-PLUS and Grad-PLUS
	Borrowers (n)	Borrowers (%)	25th Percentile	Median	Mean	75th Percentile
2013-14 to 2017-18	69	40.6%	$ 21,000	$ 44,500	$ 45,031	$ 60,927
2014-15 to 2018-19	58	36.9%	$ 20,500	$ 40,508	$ 40,701	$ 53,330
2015-16 to 2019-20	63	38.4%	$ 19,834	$ 40,500	$ 39,255	$ 51,250
2016-17 to 2020-21	53	34.9%	$ 20,500	$ 37,540	$ 37,346	$ 46,090
2017-18 to 2021-22	47	35.6%	$ 20,500	$ 34,950	$ 35,430	$ 45,000

More Details on Enrollment History.

More Details on Degree Awards History.