Program Wage and Debt Outcomes by Institution home page

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 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	151	135	69
2019-20	127	114	46
2020-21	108	96	60
2021-22	84	78	33
2022-23	76	73	29

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
6.08	131	$ 4,187

Average time-to-completion in years (transfer students)	Average credits-to-completion (transfer students)
3.18	81

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	61	8	69
2019-20	39	7	46
2020-21	56	4	60
2021-22	33	0	33
2022-23	27	2	29
Five Year Summary	216	21	237

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	16	33	1	35	237	20	106	4	237

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)	216	50%	$67,773	$100,130	$131,692
2013-14 (8 years)	276	51%	$60,805	$84,690	$119,560
2016-17 (5 years)	382	51%	$52,243	$72,963	$95,956
2018-19 (3 years)	391	53%	$42,795	$60,806	$76,706
2020-21 (18 months)	336	56%	$35,519	$49,645	$62,662

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	237	63.2%	$ 18,500	$ 26,974	$ 28,167	$ 36,570
2014-15 to 2018-19	248	65.1%	$ 17,500	$ 26,833	$ 28,452	$ 37,225
2015-16 to 2019-20	224	64.0%	$ 16,750	$ 26,471	$ 28,781	$ 37,875
2016-17 to 2020-21	202	61.6%	$ 15,000	$ 25,000	$ 27,908	$ 37,250
2017-18 to 2021-22	154	58.8%	$ 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 Percentile	Median	Mean	75th Percentile
2013-14 to 2017-18	237	63.2%	$ 18,750	$ 27,000	$ 30,465	$ 40,000
2014-15 to 2018-19	248	65.1%	$ 18,536	$ 27,000	$ 30,852	$ 41,462
2015-16 to 2019-20	224	64.0%	$ 17,500	$ 27,000	$ 31,578	$ 43,085
2016-17 to 2020-21	202	61.6%	$ 15,250	$ 26,000	$ 32,509	$ 43,086
2017-18 to 2021-22	154	58.8%	$ 16,100	$ 26,073	$ 32,960	$ 44,278

More Details on Enrollment History.

More Details on Degree Awards History.