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Program Details
Virginia Commonwealth University

Business/Managerial Economics (52.0601)
Bachelor's Degree
Enrollment, Awards, Wages, Debt, and Other Outcomes




Economics
Program Status: Active/Approved to Enroll Students and Confer Degrees
Degree Title: BS
2010 CIP Code: 520601

Credit HoursProgram Offered
On-Campus:YesYes
Off-Campus:YesNo

Date Progam Approved to Confer Degrees:  Before SCHEV
Enrollments and Awards
Academic YearFall HeadcountAnnual FTEDegrees
2018-1915113569
2019-2012711446
2020-211089660
2021-22847833
2022-23767329

Average time-to-completion in yearsAverage credits-to-completionAverage monthly earnings six months after graduation
6.08131$ 4,187

Average time-to-completion in years (transfer students)Average credits-to-completion (transfer students)
3.1881




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
YearIn-StateOut-of-StateTotal
2018-1961869
2019-2039746
2020-2156460
2021-2233033
2022-2327229
Five Year Summary21621237
Distribution by Gender and Race/Ethnicity within Five-year Totals,


YearForeign/ InternationalAfrican Am. or Black (NH)Am. Indian/ Native Am. (NH)Asian/ Pacific Islander (NH)HispanicWhite, Caucasian Am. (NH)Multi-Race (NH)Unknown/ Unreported (NH)Total
Sum of the Last 5 Years1633135237201064237



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 YearGrads (n)Grads w/Wages (n)25th PercentileMedian Wage75th Percentile
2011-12 (10 years)21650%$67,773$100,130$131,692
2013-14 (8 years)27651%$60,805$84,690$119,560
2016-17 (5 years)38251%$52,243$72,963$95,956
2018-19 (3 years)39153%$42,795$60,806$76,706
2020-21 (18 months)61256%$70,777$98,064$124,387



Student Debt of Graduates
 Export to Excel
Number of Borrowers and Known Debt at Graduation
Borrowers (n)Borrowers (%)25th PercentileMedianMean75th Percentile
2013-14 to 2017-1823763.2%$ 18,500$ 26,974$ 28,167$ 36,570
2014-15 to 2018-1924865.1%$ 17,500$ 26,833$ 28,452$ 37,225
2015-16 to 2019-2022464.0%$ 16,750$ 26,471$ 28,781$ 37,875
2016-17 to 2020-2120261.6%$ 15,000$ 25,000$ 27,908$ 37,250
2017-18 to 2021-2215458.8%$ 15,000$ 24,875$ 27,623$ 35,795
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 PercentileMedianMean75th Percentile
2013-14 to 2017-1823763.2%$ 18,750$ 27,000$ 30,465$ 40,000
2014-15 to 2018-1924865.1%$ 18,536$ 27,000$ 30,852$ 41,462
2015-16 to 2019-2022464.0%$ 17,500$ 27,000$ 31,578$ 43,085
2016-17 to 2020-2120261.6%$ 15,250$ 26,000$ 32,509$ 43,086
2017-18 to 2021-2215458.8%$ 16,100$ 26,073$ 32,960$ 44,278


More Details on Enrollment History.


More Details on Degree Awards History.


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