Program Wage and Debt Outcomes by Institution home page

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

Enrollment, Awards, Wages, Debt, and Other Outcomes

Business

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

Degree Title: MS

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	268	229	137
2019-20	271	229	147
2020-21	249	218	120
2021-22	251	208	133
2022-23	224	191	122

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
		$ 5,291

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	71	66	137
2019-20	71	76	147
2020-21	67	53	120
2021-22	55	78	133
2022-23	58	64	122
Five Year Summary	322	337	659

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	123	70	2	40	659	27	349	17	659

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)	155	30%	$95,212	$127,398	$161,495
2013-14 (8 years)	344	23%	$93,775	$115,516	$145,172
2016-17 (5 years)	721	22%	$80,383	$99,017	$136,520
2018-19 (3 years)	773	22%	$65,175	$83,430	$109,097
2020-21 (18 months)	696	23%	$49,567	$66,430	$85,017

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	377	47.4%	$ 41,000	$ 41,000	$ 38,575	$ 41,000
2014-15 to 2018-19	374	48.4%	$ 41,000	$ 41,000	$ 38,406	$ 41,000
2015-16 to 2019-20	383	50.1%	$ 41,000	$ 41,000	$ 38,178	$ 41,000
2016-17 to 2020-21	362	52.0%	$ 41,000	$ 41,000	$ 37,972	$ 41,000
2017-18 to 2021-22	350	52.0%	$ 41,000	$ 41,000	$ 37,511	$ 41,000

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	377	47.4%	$ 41,000	$ 48,224	$ 57,549	$ 82,568
2014-15 to 2018-19	374	48.4%	$ 41,000	$ 51,348	$ 59,352	$ 86,352
2015-16 to 2019-20	383	50.1%	$ 41,000	$ 52,310	$ 60,164	$ 86,890
2016-17 to 2020-21	362	52.0%	$ 41,000	$ 57,125	$ 62,723	$ 91,246
2017-18 to 2021-22	350	52.0%	$ 41,000	$ 52,894	$ 61,768	$ 92,853

More Details on Enrollment History.

More Details on Degree Awards History.