Program Wage and Debt Outcomes by Institution home page

Program Details
Virginia Commonwealth University
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	Yes

Date Progam Approved to Confer Degrees: 09/1974

This program can be completed solely via distance education.

Enrollments and Awards
Academic Year	Fall Headcount	Annual FTE	Degrees
2018-19	281	205	77
2019-20	282	203	108
2020-21	307	230	111
2021-22	277	207	105
2022-23	237	177	103

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
		$ 10,044

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	6	77
2019-20	100	8	108
2020-21	101	10	111
2021-22	94	11	105
2022-23	91	12	103
Five Year Summary	457	47	504

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	15	91	2	37	504	12	306	25	504

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)	615	65%	$107,157	$150,504	$195,019
2013-14 (8 years)	608	64%	$100,993	$134,862	$181,270
2016-17 (5 years)	522	65%	$100,669	$131,108	$174,825
2018-19 (3 years)	482	69%	$89,886	$117,393	$153,435
2020-21 (18 months)	484	79%	$77,262	$109,587	$139,911

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	226	44.7%	$ 30,750	$ 41,000	$ 38,060	$ 41,000
2014-15 to 2018-19	221	45.9%	$ 31,300	$ 41,000	$ 39,060	$ 41,000
2015-16 to 2019-20	221	46.5%	$ 34,389	$ 41,000	$ 39,601	$ 41,000
2016-17 to 2020-21	228	47.1%	$ 40,141	$ 41,000	$ 40,350	$ 41,000
2017-18 to 2021-22	232	47.1%	$ 33,500	$ 41,000	$ 39,477	$ 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	226	44.7%	$ 30,750	$ 41,000	$ 44,129	$ 56,459
2014-15 to 2018-19	221	45.9%	$ 33,503	$ 41,000	$ 46,549	$ 58,520
2015-16 to 2019-20	221	46.5%	$ 36,236	$ 41,000	$ 48,065	$ 59,212
2016-17 to 2020-21	228	47.1%	$ 41,000	$ 41,000	$ 51,675	$ 59,637
2017-18 to 2021-22	232	47.1%	$ 37,518	$ 41,000	$ 51,739	$ 59,773

More Details on Enrollment History.

More Details on Degree Awards History.