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      • Consulting – $115,277
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      • Leadership – $88,232
      • Operations Mgmt – $92,419
      • Insurance – $80,528
      • Org. Behavior – $107,961
      • Real Estate – $97,485
      • Sports Mgmt – $78,406
      • Statistics – $103,112
      • Healthcare Mgmt – $85,206
      • Taxation –  $121,750

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2025 Best MBA Programs in Lexington, VA

MBAGuide StaffMBAGuide.org Staff Updated onMarch 1, 2025
Reading Time: 3 minutes
Home / MBA Programs / Virginia / Lexington


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Are you looking to research and compare MBA programs in Lexington? Here you can find the best MBA degrees located in the city of your choice, compare them to each other and to MBA programs found throughout Virginia, the nation and offered online.

Compare | Concentrations | Awards | No GMAT | Best National Online | Best in Lexington | More CA Cities


$39,449

Average Tuition and Fees

$67,579

Average Starting Salary

623

Average GMAT Scores

203

Average Student Enrollment




Lexington vs Virginia vs U.S.

Compare additional MBA programs offered in Virginia.

Compare MBA Programs Averages Lexington MBA Programs Virginia MBA Programs MBA Programs in the US
Average MBA Tuition $39,449 $47,393 : $42,572.68
Average GMAT Scores 623 : 578.00 567
Average Full-Time MBA Faculty 101 74 72
Average MBA Student Faculty Ratio 21:1 14:1 16:1
Average # of MBA Faculty with Doctorate 92.80% 85.14% 84.32%
Average Full-Time MBA Enrollment 203 122 290
Average Part-Time MBA Enrollment 284 316 322
Average # of MBA Students from U.S. 87% 88% 84%

MBA Concentrations Available in Lexington, VA

There is a total of 13 MBA concentrations offered by MBA schools in Lexington.


  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Finance
  • General Business
  • Global Management
  • Human Resources
  • International Business
  • Management
  • Marketing
  • Other
  • Supply Chain

Awards Earned by Lexington MBA Schools

Of the 1 accredited MBA programs offered in Lexington, 1 of them have been recognized by at least one distinguished publication (PQ, US News, BW and MBAGuide).

Lexington schools have earned a total of 4 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:


  • University of Kentucky: 4

Publications and the number of awards granted to Lexington schools:


  • US News: 1
  • BW: 1
  • MBAGuide: 1

No GMAT Required Programs in Virginia


Rank University GMAT Online College Name Based In
1 George Mason University Optional Yes School of Business Fairfax, VA
2 College of William and Mary No Yes Raymond A. Mason School of Business Williamsburg, VA
3 Virginia Commonwealth University No Yes School of Business Richmond, VA
4 University of Mary Washington No Yes College of Business Fredericksburg, VA
5 Virginia Polytechnic Institute and State University Optional Yes Pamplin College of Business Blacksburg, VA
6 Longwood University No Yes College of Business and Economics Farmville, VA

Cities in Virginia with Accredited MBA Programs

Not finding the right MBA program in Lexington or want to compare MBA programs from other cities in Virginia, here is a list of cities in with accredited MBA programs in Virginia:


  • Blacksburg
  • Charlottesville
  • Fairfax
  • Farmville
  • Harrisonburg
  • Lexington
  • Newport News
  • Norfolk
  • Petersburg
  • Radford
  • Richmond
  • Williamsburg
  • Winchester

National Online MBA Programs Accepting Virginia Students Now



Best MBA Programs in Lexington

Lexington-University of Kentucky

RANKED 1

University of Kentucky

Carol Martin Gatton College of Business and Economics

  • 371 Gatton College of Business and Economics Building, Lexington, KY - 40506
  • University of Kentucky

  • Institution

    Institution Control: Public
  • AACSB Accreditation: Business and Accounting
  • Academic Year: Semester

  • Business Degrees

    Business Degrees & Concentrations: Accounting, Corporate Finance, Data Analytics, Economics, Finance, General Business, Global Management, Human Resources, International Business, Management, Marketing, Other and Supply Chain
  • Offered As: 1-Year, Campus, Evenings, Full-Time, Off Campus, Online, Part-Time, Partnership and Weekends
  • Average GMAT Score: 623

  • MBA Student Population

    Full-time Enrollment: 203
  • Part-time Enrollment: 284
  • Students from the US: 87%

  • MBA Tuition & Fees

    In-State Tuition: $39,449

  • MBA Program Ranking(s)

    Ranked by: PQ, US News, BW and MBAGuide

  • Social Links

    Facebook, Linkedin and Twitter
Lexington-Washington and Lee University

RANKED 2

Washington and Lee University

Williams School of Commerce, Economics, and Politics

  • Huntley Hall, Room 203, Lexington, VA - 24450
  • Washington and Lee University

  • Institution

    Institution Control: Private
  • AACSB Accreditation: Business
  • Academic Year: Semester

  • Business Degrees

    Business Degrees & Concentrations:
  • Offered As: Campus and Full-Time
  • Average GMAT Score:

  • MBA Student Population

    Full-time Enrollment:
  • Part-time Enrollment:
  • Students from the US:

  • MBA Tuition & Fees

    In-State Tuition:

  • MBA Program Ranking(s)

    Ranked by: MBAGuide

  • Social Links

    Facebook, Linkedin and Twitter
Lexington-Virginia Military Institute

RANKED 3

Virginia Military Institute

  • 230 Scott Shipp Hall, Lexington, VA - 24450
  • Virginia Military Institute

  • Institution

    Institution Control: Public
  • AACSB Accreditation: Business
  • Academic Year: Semester

  • Business Degrees

    Business Degrees & Concentrations:
  • Offered As: Campus
  • Average GMAT Score:

  • MBA Student Population

    Full-time Enrollment:
  • Part-time Enrollment:
  • Students from the US:

  • MBA Tuition & Fees

    In-State Tuition:

  • MBA Program Ranking(s)

    Ranked by: MBAGuide

  • Social Links

    Facebook, Linkedin and Twitter

Data sources: IPEDS, National Center of Educational Statistics, U.S. Department of Education, Institute of Education Sciences (ERIC), Association to Advance Collegiate Schools of Business (AACSB), 520 MBA Schools, U.S. Bureau of Labor Statistics (BLS). If you notice errors in the MBA program database, please contact us.

Find: MBA Programs in Virginia | Online MBA Programs in Virginia Rankings: MBA Program Rankings | Online MBA Program Rankings Guides: Guide to Earning an Online MBA | Guide to Earning an MBA Concentrations: Online MBA Concentrations | Campus MBA Concentrations

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  • Rankings
    • Best Online

      • Overall
      • Most Respected
      • Salary
      • ROI
      • Affordable
      • No GMAT
      • Selective
      • Ratios
      • Faculty
      • Alumni

      Best Campus

      • Overall
      • Most Respected
      • Salary
      • ROI
      • Affordable
      • No GMAT
      • Selective
      • Ratios
      • Faculty
      • Alumni

      Types of MBAs

      • 1-Year
      • E-MBA
      • Part-Time
      • Evenings & Weekends
      • Dual
      • Grad Certificate
      • Undergrad Certificate
      • Entrepreneurship Development Programs
      • Emerging Leadership Programs

  • States
    • West

      • Alaska
      • Arizona
      • California
      • Colorado
      • Hawaii
      • Idaho
      • Montana
      • Nevada
      • New Mexico
      • Oregon
      • Utah
      • Washington
      • Wyoming

      Midwest

      • Illinois
      • Indiana
      • Iowa
      • Kansas
      • Michigan
      • Minnesota
      • Missouri
      • Nebraska
      • North Dakota
      • Ohio
      • South Dakota
      • Wisconsin

      Northeast

      • Connecticut
      • Maine
      • Massachusetts
      • New Hampshire
      • New Jersey
      • New York
      • Pennsylvania
      • Rhode Island
      • Vermont

      South

      • Alabama
      • Arkansas
      • Delaware
      • Florida
      • Georgia
      • Kentucky
      • Louisiana
      • Maryland
      • Mississippi
      • North Carolina
      • Oklahoma
      • South Carolina
      • Tennessee
      • Texas
      • Virginia
      • West Virginia

      MBA Program Rankings and Reports for All 50 States

  • Concentrations
    • Most AACSB Programs Offered

      • Finance – 430
      • Accounting – 444
      • Marketing – 405
      • Management – 433
      • Business Administration – 453
      • Information Systems – 274
      • Intl Business – 210
      • Entrepreneurship – 218
      • Economics – 220
      • Supply Chain – 200
      • Data Analytics – 309
      • Healthcare Admin – 144
      • Leadership – 92
      • Statistics – 16

      Best Graduate Salary

      • Business Analytics – $104,000
      • Consulting – $115,277
      • Energy – $92,959
      • E-Commerce – $94,850
      • Law – $90,536
      • Leadership – $88,232
      • Operations Mgmt – $92,419
      • Insurance – $80,528
      • Org. Behavior – $107,961
      • Real Estate – $97,485
      • Sports Mgmt – $78,406
      • Statistics – $103,112
      • Healthcare Mgmt – $85,206
      • Taxation –  $121,750

      Explore All 50 MBA Concentrations

  • Resources
    • Blog
    • Scholarships
    • What is an MBA