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
2020-21	541	534	262
2021-22	494	476	237
2022-23	427	415	218
2023-24	360	359	226
2024-25	348	345	205

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation

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

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
2020-21	242	20	262
2021-22	226	11	237
2022-23	207	11	218
2023-24	217	9	226
2024-25	194	11	205
Five Year Summary	1,086	62	1,148

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	37	222	5	144	1,148	135	494	27	1,148

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
Graduation Year	Grads (n)	Grads w/Wages (n)
2012-13 (10 years)	1,731	0%
2014-15 (8 years)	1,691	0%
2017-18 (5 years)	1,672	0%
2019-20 (3 years)	3,502	0%

Student Debt of Graduates

Number of Borrowers and Known Debt at Graduation
	Borrowers (n)	Borrowers (%)	25th Percentile	Median	Mean	75th Percentile
2015-16 to 2019-20	1,086	62.0%	$ 17,750	$ 26,500	$ 29,037	$ 35,281
2016-17 to 2020-21	1,042	62.1%	$ 17,620	$ 26,070	$ 29,407	$ 35,150
2017-18 to 2021-22	971	61.2%	$ 17,500	$ 26,000	$ 29,977	$ 35,528
2018-19 to 2022-23	869	60.3%	$ 15,500	$ 25,500	$ 29,719	$ 34,807
2019-20 to 2023-24	782	60.3%	$ 14,000	$ 25,000	$ 28,338	$ 32,500

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
2015-16 to 2019-20	1,088	62.1%	$ 18,750	$ 27,000	$ 33,691	$ 43,449
2016-17 to 2020-21	1,045	62.2%	$ 18,000	$ 27,000	$ 34,362	$ 43,534
2017-18 to 2021-22	974	61.4%	$ 17,950	$ 27,000	$ 35,630	$ 45,840
2018-19 to 2022-23	872	60.5%	$ 16,500	$ 27,000	$ 35,715	$ 45,933
2019-20 to 2023-24	784	60.5%	$ 14,819	$ 26,940	$ 34,444	$ 43,092

More Details on Enrollment History.

More Details on Degree Awards History.