Skip to content
MBA Guide

MBAGuide

  • RankingsExpand
    • 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

  • StatesExpand
    • 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

  • ConcentrationsExpand
    • 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

  • ResourcesExpand
    • Blog
    • Scholarships
    • What is an MBA
MBA Guide
MBAGuide

2025 Best MBA Programs in Richmond, VA

Avatar photo Updated onMarch 1, 2025
Reading Time: 3 minutes
Home / MBA Programs / Virginia / Richmond


Share with:

Are you looking to research and compare MBA programs in Richmond? 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 Richmond | More CA Cities


$40,479

Average Tuition and Fees

$42,450

Average Starting Salary

555

Average GMAT Scores

41

Average Student Enrollment




Richmond vs Virginia vs U.S.

Compare additional MBA programs offered in Virginia.

Compare MBA Programs Averages Richmond MBA Programs Virginia MBA Programs MBA Programs in the US
Average MBA Tuition $40,479 $47,393 : $42,528.18
Average GMAT Scores 555 : 578.00 567
Average Full-Time MBA Faculty 70 74 72
Average MBA Student Faculty Ratio 12:1 14:1 16:1
Average # of MBA Faculty with Doctorate 83.70% 85.14% 84.32%
Average Full-Time MBA Enrollment 41 122 290
Average Part-Time MBA Enrollment 177 316 322
Average # of MBA Students from U.S. 94% 88% 84%

MBA Concentrations Available in Richmond, VA

There is a total of 17 MBA concentrations offered by MBA schools in Richmond.


  • Supply Chain
  • Information Systems
  • Real Estate
  • Management
  • Law
  • International Business
  • Insurance
  • Global Management
  • Consulting
  • Entrepreneurship
  • Economics
  • Data Analytics
  • General Business
  • Finance
  • Marketing
  • Corporate Finance
  • Accounting

Awards Earned by Richmond MBA Schools

Of the 3 accredited MBA programs offered in Richmond, 3 of them have been recognized by at least one distinguished publication (MBAGuide).

Richmond schools have earned a total of 3 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:


  • Virginia Commonwealth University: 1
  • University of Richmond: 1
  • Eastern Kentucky University: 1

Publications and the number of awards granted to Richmond schools:


  • MBAGuide: 3

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 Richmond 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 Richmond

Richmond-University of Richmond

RANKED 1

University of Richmond

Robins School of Business

  • 102 UR Drive, Richmond, VA - 23173
  • University of Richmond

  • Institution

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

  • Business Degrees

    Business Degrees & Concentrations: Accounting, Consulting, Corporate Finance, Data Analytics, Economics, Entrepreneurship, Finance, General Business, Global Management, International Business, Law and Marketing
  • Offered As: Campus, Evenings, Full-Time, Part-Time, Partnership and Weekends
  • Average GMAT Score: 600

  • MBA Student Population

    Full-time Enrollment: 8
  • Part-time Enrollment: 38
  • Students from the US: 100%

  • MBA Tuition & Fees

    In-State Tuition: $72,000

  • MBA Program Ranking(s)

    Ranked by: MBAGuide

  • Social Links

    Facebook, Linkedin and Twitter
Richmond-Virginia Commonwealth University

RANKED 2

Virginia Commonwealth University

School of Business

  • 301 W. Main Street, Box 844000, Richmond, VA - 23284
  • Virginia Commonwealth University

  • 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, Information Systems, Marketing, Real Estate and Supply Chain
  • Offered As: Campus, Evenings, Full-Time, Online, Part-Time and Weekends
  • Average GMAT Score: 555

  • MBA Student Population

    Full-time Enrollment: 61
  • Part-time Enrollment: 410
  • Students from the US: 85%

  • MBA Tuition & Fees

    In-State Tuition: $34,172

  • MBA Program Ranking(s)

    Ranked by: MBAGuide

  • Social Links

    Facebook, Linkedin and Twitter
Richmond-Eastern Kentucky University

RANKED 3

Eastern Kentucky University

College of Business

  • Business & Technology Center 214, Richmond, KY - 40475
  • Eastern Kentucky University

  • Institution

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

  • Business Degrees

    Business Degrees & Concentrations: Accounting, Corporate Finance, Finance, General Business, Insurance, Management and Marketing
  • Offered As: Campus, Evenings, Full-Time, Off Campus, Online, Part-Time and Weekends
  • Average GMAT Score: 510

  • MBA Student Population

    Full-time Enrollment: 55
  • Part-time Enrollment: 83
  • Students from the US: 97%

  • MBA Tuition & Fees

    In-State Tuition: $15,264

  • MBA Program Ranking(s)

    Ranked by: MBAGuide

  • Social Links

    Facebook, Linkedin and Twitter
Richmond-Averett University

RANKED 4

Averett University

School of Business

  • Main Campus, 512 Bridge St., Danville, Richmond, VA - 24541
  • Averett University

The School of Business at Averett University offers a comprehensive and student-focused MBA program designed to prepare future business leaders. Located in Danville, Virginia, the program is grounded in the university’s liberal arts tradition, providing a broad-based education that emphasizes critical thinking, ethical decision-making, and practical application. The program’s flexibility, strong faculty engagement, and commitment to real-world experiences make it an excellent choice for aspiring business professionals.

Key Student Benefits

Flexible Learning Options

Averett University offers both on-campus and online MBA programs, providing flexibility for working professionals and those with other commitments. The online format allows students to balance their studies with personal and professional responsibilities, making it easier to achieve a work-life balance.

Personalized Education

The MBA program at Averett features small class sizes, ensuring personalized attention and close interaction with faculty members. This supportive learning environment allows students to engage deeply with their professors and peers, enhancing their educational experience.

Practical Learning Experience

The program emphasizes hands-on learning through internships, consulting projects, and real-world case studies. This practical approach ensures that students can apply theoretical knowledge to actual business challenges, enhancing their problem-solving and decision-making skills.

Strong Career Support

Averett University provides robust career services, including personalized career coaching, networking events, and job placement assistance. The school’s strong connections with industry leaders and a dedicated career services center help students transition smoothly from academic life to professional careers.

Liberal Arts Integration

Combining business education with Averett’s liberal arts curriculum, the MBA program ensures that students develop a diversified perspective and the agility to meet the increasing demands of professional life. This interdisciplinary approach enhances critical thinking, communication, and analytical skills, making graduates well-rounded and adaptable.

MBA Concentrations Offered by the School

Accounting

  • The Accounting concentration provides students with a thorough background in the concepts, principles, and applications of accounting, taxation, and auditing. This concentration is designed for students who are not interested in achieving licensure in public accounting but prepares them to be professional accountants in industry, government, public practice, or attend graduate school. For more information, visit the Accounting concentration page.

Management Science

  • The Management Science concentration gives students a thorough background in the concepts and practice of management. This concentration prepares graduates for careers in management in profit-seeking or nonprofit organizations and provides a strong foundation for future graduate study in business. For more information, visit the Management Science concentration page.

Marketing Management

  • The Marketing Management concentration is designed to prepare students for successful careers in marketing fields such as buying, selling, advertising, product management, public relations, logistics, market analysis, and marketing research. It also provides a strong foundation for future graduate study in marketing and related fields. For more information, visit the Marketing Management concentration page.

For more detailed information about the MBA program and its concentrations, visit the Averett University School of Business website.

Citations:
[1] https://www.averett.edu/academics/majors-and-programs/undergraduate/business/
[2] https://www.averett.edu/admissions-requirements-undergraduate-business/
[3] https://www.averett.edu/academics/majors-and-programs/
[4] https://www.averett.edu
[5] https://www.averett.edu/online14-15/busadm/program.php

  • Institution

    Institution Control:
  • AACSB Accreditation:
  • Academic Year:

  • Business Degrees

    Business Degrees & Concentrations: Leadership and Marketing
  • Offered As:
  • 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:

  • Social Links

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

Contact Us

Get in Touch

At MBAGuide you are teaming up with business managers, professors, MBA students, data modelers, designers and other professionals to learn from experts about business careers, degree programs and salaries.

Headquarters​, California

Monday – Friday, 9:30 am – 5:30 pm

US Team:  Agoura Hills, CA; Cumming, GA; Beverly Hills, CA; Marquette, MI; Lilburn, GA; Terre Haute, IN; Pittsburgh, PA; Loma Linda, CA; San Diego, CA

Worldwide Team: Salford, United Kingdom; Cairo, Egypt; Novovolynskiy, Ukraine; Ahmedabad, India; Alexandria, Egypt; Kushtia, Bangladesh; Kyiv, Ukraine; Toronto, Canada

Concentrations

Finance
Business Administration
JD MBA
Marketing
Accounting
Healthcare Administration
Insurance
Real Estate
Business Analytics
Project Management

States

California
New York
Texas
Florida
New Jersey
Georgia
Illinois
Massachusetts
North Carolina
Colorado
Ohio
Michigan

Online Rankings

Best Overall
Most Affordable
GMAT
Student / Faulty Ratio
Alumni

Campus Rankings

Best Overall
Most Affordable
GMAT
Student / Faulty Ratio
Alumni

© 2025 MBAGuide – About Us | Contact | Experts | Ranking Methodology | Data Sources | Sitemap | Privacy | Terms of Service | Advertising Disclosure | Do Not Sell My Information | News | Media Kit

All copyrighted names, images, logos, and other media are the property of their respective owners.

Facebook Twitter Linkedin Email
Scroll to top
  • 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