Program Wage and Debt Outcomes by Institution home page

Program Details
Virginia Commonwealth University
Business/Commerce, General (52.0101)
Bachelor's Degree

Enrollment, Awards, Wages, Debt, and Other Outcomes

Business

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

Degree Title: BS

2010 CIP Code: 520101

	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	689	655	371
2019-20	618	612	353
2020-21	541	534	262
2021-22	494	476	237
2022-23	427	415	218

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
4.27	129	$ 4,499

Average time-to-completion in years (transfer students)	Average credits-to-completion (transfer students)
3.04	79

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	332	39	371
2019-20	324	29	353
2020-21	242	20	262
2021-22	226	11	237
2022-23	207	11	218
Five Year Summary	1,331	110	1,441

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	84	280	3	181	1,441	151	632	25	1,441

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)	1,759	56%	$57,479	$79,079	$106,520
2013-14 (8 years)	1,714	56%	$55,449	$77,013	$103,269
2016-17 (5 years)	1,622	59%	$51,545	$68,622	$89,031
2018-19 (3 years)	1,727	60%	$46,404	$62,112	$79,058
2020-21 (18 months)	1,679	64%	$37,641	$51,829	$66,319

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	1,061	63.6%	$ 18,750	$ 27,000	$ 28,601	$ 36,000
2014-15 to 2018-19	1,091	63.4%	$ 18,500	$ 26,621	$ 28,729	$ 35,379
2015-16 to 2019-20	1,083	62.1%	$ 17,764	$ 26,500	$ 29,073	$ 35,300
2016-17 to 2020-21	1,040	62.2%	$ 17,632	$ 26,070	$ 29,423	$ 35,156
2017-18 to 2021-22	967	61.2%	$ 17,500	$ 26,000	$ 29,979	$ 35,528

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	1,061	63.6%	$ 19,500	$ 27,500	$ 32,503	$ 40,962
2014-15 to 2018-19	1,092	63.4%	$ 18,859	$ 27,318	$ 33,213	$ 41,885
2015-16 to 2019-20	1,085	62.2%	$ 18,750	$ 27,000	$ 33,741	$ 43,470
2016-17 to 2020-21	1,043	62.3%	$ 18,000	$ 27,000	$ 34,388	$ 43,580
2017-18 to 2021-22	970	61.4%	$ 17,950	$ 27,000	$ 35,654	$ 45,840

More Details on Enrollment History.

More Details on Degree Awards History.