Popular Sections for Virginia MBA Students
Interactive Table | Best MBAs Detail | Tuition | Salary | ROI | Average GMAT | No GMAT / GRE | How We Rank
Executive Summary MBA Programs in Virginia for 2025
$47,393
Average MBA Tuition in Virginia
$93,970
Average Starting MBA Salary in Virginia
578
Average GMAT Scores in Virginia
2,152
Average Student Enrollment in Virginia
- In Virginia there are 14 campus and 10 online MBA Programs.
- Starting salary for new MBA graduates in Virginia is reported to be between $58,900 and $157,090 with an average of $93,970.
- Tuition for Virginia campus MBA programs ranges from $13,361 to $151,200, and averages $47,393
- Online tuition in for Virginia MBAs ranges between $13,361 to $75,600, with an average total tuition cost of $37,010
- The ROI for MBA programs in Virginia is between the highest of 473% and the lowest of 4% with an average of 173%
- Average student enrollment in Virginia varies between 350 and 6,004 with an overall average of 2,152.
- Student / Faculty Ratio for MBA programs in Virginia varies between 3:1 and 19:1 with an average of 14:1 students.
- A GMAT score between 438 and 720 with an average of 578 is needed for acceptance into an MBA program.
- Virginia has 14 MBA programs are ranked by the following institutions MBAGuide: 12, US News: 2, Forbes: 2, BW: 2, FT: 1 and Economist: 1.
Key Highlights:
-
- Comprehensive comparisons and data about tuition fees, average starting salaries, GMAT scores, and enrollment statistics for MBA programs in Virginia.
-
- Detailed profiles of MBA programs in Virginia, their strengths, unique specializations, faculty expertise, and alumni networks are included to help align your study choice with your career ambitions.
-
- Insights into Virginia's diverse economic sectors, demonstrating how an MBA degree serves as a potent tool in these industries.
Top 5 Industries and Companies Hiring MBA Graduates in Virginia
Virginia boasts a strong and diverse economy with robust sectors such as technology, government services, healthcare, finance, and manufacturing. These sectors offer a wealth of opportunities for MBA graduates.
The technology sector is a major driver of Virginia's economy. An MBA with a specialization in Information Systems or Technology Management could lead to rewarding opportunities within this industry. Government services also play a significant role in the state's economy. Those specializing in Public Administration or Policy Analysis can find promising roles within this sector.
Healthcare is another prominent industry in Virginia. For those pursuing an MBA with a focus on Healthcare Administration or Healthcare Management, there are ample career prospects. The finance sector provides lucrative opportunities for those with Finance or Risk Management specializations. Lastly, the manufacturing industry offers roles for those specializing in Operations Management or Supply Chain Management.
Major Industries | Relevance to MBA Students |
---|---|
Technology | Opportunities for specializations in Information Systems or Technology Management |
Government Services | Ideal for concentrations in Public Administration or Policy Analysis |
Healthcare | Suitable for specializations in Healthcare Administration or Management |
Finance | Roles available for Finance or Risk Management specializations |
Manufacturing | Careers for those with Operations Management or Supply Chain Management specialization |
Here are some top companies in Virginia where MBA graduates often find employment:
-
- Northrop Grumman: As one of the largest defense contractors globally, Northrop Grumman offers various leadership roles suitable for MBA graduates.
-
- Capital One Financial Corporation: This Fortune 500 company provides ample opportunities for MBAs with a focus on finance and risk management.
-
- Carilion Clinic: A healthcare organization that offers roles within healthcare administration – ideal for those with an MBA specialization in Healthcare Administration.
-
- Hilton Worldwide Holdings Inc: A leading global hospitality company that offers various strategic planning and project management roles – perfect for those with an MBA specialization in Hospitality Management.
-
- General Dynamics: A major aerospace and defense company offering roles suited to MBAs specializing in Operations or Supply Chain Management.
Sortable Table of the Top AACSB Accredited MBA Programs in Virginia
Easily sort the interactive table below to find the best MBA programs by Rank, School Name, ROI, Tuition, Average Starting Salary, and Campus or Online to find and to compare MBA programs in Virginia. Click on any school for a comprehensive school profile.
Rank | University | Avg. Graduate ROI | Avg. In State Tuition | Avg. Starting Salary | State | Campus and Online |
---|---|---|---|---|---|---|
1 | University of Virginia-McIntire | 4.00% | $151,200 | $157,090 | VA | No |
2 | George Mason University | 192.00% | $37,737 | $110,100 | VA | Yes |
3 | College of William and Mary | 167.00% | $42,000 | $112,000 | VA | Yes |
4 | Shenandoah University | 158.00% | $34,848 | $89,900 | VA | No |
5 | University of Richmond | 11.00% | $72,000 | $79,683 | VA | No |
6 | James Madison University | 22.00% | $75,600 | $92,100 | VA | Yes |
7 | Virginia Commonwealth University | 141.00% | $34,172 | $82,232 | VA | Yes |
8 | University of Mary Washington | 334.00% | $20,670 | $89,700 | VA | Yes |
9 | Old Dominion University | 140.00% | $31,564 | $75,800 | VA | Yes |
10 | Virginia State University | 136.00% | $24,978 | $58,900 | VA | No |
11 | Radford University | 473.00% | $15,984 | $91,600 | VA | Yes |
12 | Virginia Polytechnic Institute and State University | 91.00% | $62,000 | $118,300 | VA | Yes |
13 | Longwood University | 381.00% | $13,361 | $64,200 | VA | Yes |
10 Best Ranked MBA Programs in Virginia
- University of Virginia-McIntire
- George Mason University
- College of William and Mary
- Shenandoah University
- University of Richmond
- James Madison University
- Virginia Commonwealth University
- University of Mary Washington
- Old Dominion University
- Virginia State University
- Radford University
- Virginia Polytechnic Institute and State University
- Longwood University
- Christopher Newport University
- Washington and Lee University
- Virginia Military Institute
- Norfolk State University
- Virginia International University
- Regent University
- East Coast Polytechnic Institute
- University of Management and Technology
- Averett University
- Marymount University
- Stratford University
- Eastern Mennonite University
- Strayer University
University of Virginia-McIntire
McIntire School of Commerce
Location:
- Charlottesville
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and Twitter- Tuition: $151,200
- Graduate Salary: $157,090
- Graduate ROI: 4%
- GMAT Required: Yes
- Avg. GMAT: 720
- Student / Faculty Ratio: 6:1
- Enrollment: 1062
Degree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Off Campus
- ·
- Part-Time
- ·
- Partnership
- ·
- Weekends
- Concentrations: 16
- Accounting
- Corporate Finance
- Data Analytics
- Entrepreneurship
- Finance
- General Business
- Global Management
- Healthcare Administration
- Information Systems
- International Business
- Law
- Management
- Marketing
- Organizational Behavior
- Other
- Public Administration
- Best in:
- Rankings
- City Rank: 1
- State Rank: 2
- National Rank: 13
- Online Rank: 15
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
George Mason University
School of Business
Location:
- Fairfax
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and Twitter- Tuition: $37,737
- Graduate Salary: $110,100
- Graduate ROI: 192%
- GMAT Required: Optional
- Avg. GMAT: 595
- Student / Faculty Ratio: 20:1
- Enrollment: 5223
Degree Level(s):
- Doctoral
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Concentrations: 12
- Accounting
- Corporate Finance
- Data Analytics
- Finance
- General Business
- Information Systems
- Management
- Manufacturing
- Marketing
- Operations Management
- Other
- Project Management
- Best in:
- Rankings
- City Rank: 1
- State Rank: 3
- National Rank: 86
- Online Rank: 54
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
College of William and Mary
Raymond A. Mason School of Business
Location:
- Williamsburg
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and Twitter- Tuition: $42,000
- Graduate Salary: $112,000
- Graduate ROI: 167%
- GMAT Required: No
- Avg. GMAT: 620
- Student / Faculty Ratio: 12:1
- Enrollment: 1580
Degree Level(s):
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Off Campus
- ·
- Online
- ·
- Part-Time
- ·
- Partnership
- ·
- Weekends
- Concentrations: 8
- Accounting
- Corporate Finance
- Data Analytics
- Finance
- General Business
- Management
- Marketing
- Public Administration
- Best in:
- Rankings
- City Rank: 1
- State Rank: 4
- National Rank: 104
- Online Rank: 70
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Shenandoah University
School of Business
Location:
- Winchester
,
- VA
Control: Private for-profit
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and Twitter- Tuition: $34,848
- Graduate Salary: $89,900
- Graduate ROI: 158%
- GMAT Required: No
- Avg. GMAT: 654
- Student / Faculty Ratio: 8:1
- Enrollment: 350
Degree Level(s):
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Part-Time
- ·
- Weekends
- Concentrations: 8
- Cybersecurity
- Data Analytics
- Healthcare Administration
- Insurance
- Marketing
- Nonprofit
- Sports Management
- Sustainability
- Best in:
- Rankings
- City Rank: 1
- State Rank: 5
- National Rank: 111
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
University of Richmond
Robins School of Business
Location:
- Richmond
,
- VA
Control: Private
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and Twitter- Tuition: $72,000
- Graduate Salary: $79,683
- Graduate ROI: 11%
- GMAT Required: No
- Avg. GMAT: 600
- Student / Faculty Ratio: 3:1
- Enrollment: 462
Degree Level(s):
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Part-Time
- ·
- Partnership
- ·
- Weekends
- Concentrations: 12
- Accounting
- Consulting
- Corporate Finance
- Data Analytics
- Economics
- Entrepreneurship
- Finance
- General Business
- Global Management
- International Business
- Law
- Marketing
- Best in:
- Rankings
- City Rank: 1
- State Rank: 6
- National Rank: 129
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
James Madison University
College of Business
Location:
- Harrisonburg
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and Twitter- Tuition: $75,600
- Graduate Salary: $92,100
- Graduate ROI: 22%
- GMAT Required: Yes
- Avg. GMAT: 568
- Student / Faculty Ratio: 18:1
- Enrollment: 4561
Degree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- 1-Year
- ·
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Concentrations: 10
- Accounting
- Corporate Finance
- Cybersecurity
- Economics
- Finance
- General Business
- Global Management
- Information Systems
- International Business
- Management
- Marketing
- Best in:
- Rankings
- City Rank: 1
- State Rank: 7
- National Rank: 156
- Online Rank: 107
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Virginia Commonwealth University
School of Business
Location:
- Richmond
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and Twitter- Tuition: $34,172
- Graduate Salary: $82,232
- Graduate ROI: 141%
- GMAT Required: No
- Avg. GMAT: 555
- Student / Faculty Ratio: 17:1
- Enrollment: 3481
Degree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Concentrations: 10
- Accounting
- Corporate Finance
- Data Analytics
- Economics
- Finance
- General Business
- Information Systems
- Marketing
- Real Estate
- Supply Chain
- Best in:
- Rankings
- City Rank: 2
- State Rank: 8
- National Rank: 185
- Online Rank: 126
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
University of Mary Washington
College of Business
Location:
- Fredericksburg
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
- Tuition: $20,670
- Graduate Salary: $89,700
- Graduate ROI: 334%
- GMAT Required: No
- Avg. GMAT: 593
- Student / Faculty Ratio: 12:1
- Enrollment: 609
Degree Level(s):
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- ·
- Online
- Concentrations: 2
- General Business
- Management
- Best in:
- Rankings
- City Rank: 1
- State Rank: 9
- National Rank: 196
- Online Rank: 135
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Old Dominion University
Strome College of Business
Location:
- Norfolk
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and Twitter- Tuition: $31,564
- Graduate Salary: $75,800
- Graduate ROI: 140%
- GMAT Required: Conditional
- Avg. GMAT: 540
- Student / Faculty Ratio: 15:1
- Enrollment: 2992
Degree Level(s):
- Doctoral
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Concentrations: 14
- Accounting
- Corporate Finance
- Data Analytics
- Economics
- Finance
- General Business
- Global Management
- Information Systems
- Insurance
- International Business
- Management
- Marketing
- Real Estate
- Supply Chain
- Best in:
- Rankings
- City Rank: 1
- State Rank: 10
- National Rank: 240
- Online Rank: 173
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Virginia State University
Reginald F. Lewis College of Business
Location:
- Petersburg
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and Twitter- Tuition: $24,978
- Graduate Salary: $58,900
- Graduate ROI: 136%
- GMAT Required: Optional
- Avg. GMAT: 630
- Student / Faculty Ratio: 13:1
- Enrollment: 755
Degree Level(s):
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- Concentrations: 4
- Accounting
- Information Systems
- Management
- Marketing
- Best in:
- Rankings
- City Rank: 1
- State Rank: 11
- National Rank: 291
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Radford University
College of Business and Economics
Location:
- Radford
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and Twitter- Tuition: $15,984
- Graduate Salary: $91,600
- Graduate ROI: 473%
- GMAT Required: Yes
- Avg. GMAT: 438
- Student / Faculty Ratio: 12:1
- Enrollment: 1026
Degree Level(s):
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- Concentrations: 10
- Accounting
- Corporate Finance
- Data Analytics
- Economics
- Finance
- General Business
- Information Systems
- Insurance
- Management
- Marketing
- Best in:
- Rankings
- City Rank: 1
- State Rank: 12
- National Rank: 335
- Online Rank: 243
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Virginia Polytechnic Institute and State University
Pamplin College of Business
Location:
- Blacksburg
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and Twitter- Tuition: $62,000
- Graduate Salary: $118,300
- Graduate ROI: 91%
- GMAT Required: Optional
- Avg. GMAT: 463
- Student / Faculty Ratio: 19:1
- Enrollment: 6004
Degree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Off Campus
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Concentrations: 13
- Accounting
- Cybersecurity
- Data Analytics
- Entrepreneurship
- Finance
- General Business
- Global Management
- Hospitality Management
- Information Systems
- Leadership
- Management
- Marketing
- Science and Technology
- Best in:
- Rankings
- City Rank: 1
- State Rank: 13
- National Rank: 358
- Online Rank: 262
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Longwood University
College of Business and Economics
Location:
- Farmville
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and Twitter- Tuition: $13,361
- Graduate Salary: $64,200
- Graduate ROI: 381%
- GMAT Required: No
- Avg. GMAT: 538
- Student / Faculty Ratio: 13:1
- Enrollment: 1007
Degree Level(s):
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- Concentrations: 3
- Data Analytics
- General Business
- Marketing
- Best in:
- Rankings
- City Rank: 1
- State Rank: 14
- National Rank: 405
- Online Rank: 299
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Christopher Newport University
Joseph W. Luter. III School of Business
Location:
- Newport News
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and Twitter- Tuition: $24,720
- Graduate Salary: $63,300
- Graduate ROI: 156%
- GMAT Required: No
- Avg. GMAT: 500
- Student / Faculty Ratio: 5:1
- Enrollment: 272
Degree Level(s):
- Master
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- Concentrations: 6
- Accounting
- Corporate Finance
- Finance
- Management
- Marketing
- Other
- Best in:
- Rankings
- City Rank: 1
- State Rank: 15
- National Rank: 475
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Washington and Lee University
Williams School of Commerce, Economics, and Politics
Location:
- Lexington
,
- VA
Control: Private
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and Twitter- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: 0%
- GMAT Required: Yes
- Avg. GMAT:
- Student / Faculty Ratio: 5:1
- Enrollment: 404
Degree Level(s):
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- Concentrations: 1
- Best in:
- Rankings
- City Rank: 2
- State Rank: 16
- National Rank: 523
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Virginia Military Institute
Location:
- Lexington
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and Twitter- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: 0%
- GMAT Required: No
- Avg. GMAT:
- Student / Faculty Ratio: 9:1
- Enrollment: 240
Degree Level(s):
- Undergraduate
Offered As:
- Campus
- Concentrations: 1
- Best in:
- Rankings
- City Rank: 3
- State Rank: 17
- National Rank: 531
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Norfolk State University
School of Business
Location:
- Norfolk
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and Twitter- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: 0%
- GMAT Required: No
- Avg. GMAT:
- Student / Faculty Ratio: 20:1
- Enrollment: 805
Degree Level(s):
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- Concentrations: 1
- Science and Technology
- Best in:
- Rankings
- City Rank: 2
- State Rank: 18
- National Rank: 542
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Virginia International University
School of Business
Location:
- Fairfax
,
- VA
Control:
Academic Year:
Accredited: AACSB
Accreditation:
- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: Not Reported
- GMAT Required:
- Avg. GMAT:
- Student / Faculty Ratio: :1
- Enrollment: Not Reported
Degree Level(s):
Offered As:
- Concentrations: 1
- Nonprofit
- Best in:
- Rankings
- City Rank: 2
- State Rank: 19
- National Rank: 589
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Regent University
School of Business and Leadership
Location:
,
- VA
Control:
Academic Year:
Accredited: AACSB
Accreditation:
- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: Not Reported
- GMAT Required:
- Avg. GMAT:
- Student / Faculty Ratio: :1
- Enrollment: Not Reported
Degree Level(s):
Offered As:
- Concentrations: 2
- Cybersecurity
- Economics
- Science and Technology
- Best in:
- Rankings
- City Rank: 40
- State Rank: 20
- National Rank: 613
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
East Coast Polytechnic Institute
School of Business
Location:
,
- VA
Control:
Academic Year: Term
Accredited: AACSB
Accreditation:
- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: Not Reported
- GMAT Required:
- Avg. GMAT: 400
- Student / Faculty Ratio: :1
- Enrollment:
Degree Level(s):
Offered As:
- Concentrations: 2
- Information Systems
- Management
- Best in:
- Rankings
- City Rank: 71
- State Rank: 21
- National Rank: 677
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
University of Management and Technology
School of Business
Location:
- Arlington
,
- VA
Control:
Academic Year:
Accredited: AACSB
Accreditation:
- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: Not Reported
- GMAT Required:
- Avg. GMAT:
- Student / Faculty Ratio: :1
- Enrollment: Not Reported
Degree Level(s):
Offered As:
- Concentrations: 2
- Finance
- Human Resources
- Best in:
- Rankings
- City Rank: 2
- State Rank: 22
- National Rank: 689
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Averett University
School of Business
Location:
- Richmond
,
- VA
Control:
Academic Year:
Accredited: AACSB
Accreditation:
- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: Not Reported
- GMAT Required:
- Avg. GMAT:
- Student / Faculty Ratio: :1
- Enrollment: Not Reported
Degree Level(s):
Offered As:
- Concentrations: 2
- Leadership
- Marketing
- Best in:
- Rankings
- City Rank: 4
- State Rank: 23
- National Rank: 702
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Marymount University
College of Business, Innovation, Leadership and Technology
Location:
- Arlington
,
- VA
Control:
Academic Year:
Accredited: AACSB
Accreditation:
- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: Not Reported
- GMAT Required:
- Avg. GMAT:
- Student / Faculty Ratio: 13:1
- Enrollment: 1021
Degree Level(s):
- Doctoral
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Online
- Rankings
- City Rank: 3
- State Rank: 24
- National Rank: 735
- Online Rank: 404
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Stratford University
School of Business Administration
Location:
,
- VA
Control:
Academic Year:
Accredited: AACSB
Accreditation:
- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: Not Reported
- GMAT Required:
- Avg. GMAT:
- Student / Faculty Ratio: :1
- Enrollment: Not Reported
Degree Level(s):
Offered As:
- Concentrations: 3
- Accounting
- Project Management
- Supply Chain
- Best in:
- Rankings
- City Rank: 82
- State Rank: 25
- National Rank: 740
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Eastern Mennonite University
School of Business
Location:
- Harrisonburg
,
- VA
Control:
Academic Year:
Accredited: AACSB
Accreditation:
- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: Not Reported
- GMAT Required:
- Avg. GMAT:
- Student / Faculty Ratio: :1
- Enrollment: Not Reported
Degree Level(s):
Offered As:
- Concentrations: 1
- Accounting
- Best in:
- Rankings
- City Rank: 2
- State Rank: 26
- National Rank: 839
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: Not Reported
- GMAT Required:
- Avg. GMAT:
- Student / Faculty Ratio: :1
- Enrollment:
Degree Level(s):
Offered As:
- Concentrations: 0
- Best in:
- Rankings
- City Rank: 2
- State Rank: 1
- National Rank:
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Compare MBA Program Averages in 2025
Virginia, the U.S. and Online
Averages | Virginia MBA Programs | Online MBA Programs | MBA Programs Nationwide |
---|---|---|---|
Average MBA Tuition | $47,393 | $37,167 | $42,528 |
Average Graduate Salary | $93,970 | $79,354 | $82,899 |
Average ROI | 173% | 196% | 185% |
Average GMAT Scores | 578 | 561 | 567 |
What is the Average Tuition for MBA Programs in Virginia?
If you plan on attending an MBA program, it’s best to start thinking about fiscal responsibility. A prospective B-Student needs to weigh their tuition options. An AACSB-accredited MBA program can pave the way for a great starting salary or career advancement. An online MBA program can provide the flexibility of completing a program while being employed in your respective career.
While the average in-person MBA program in Virginia will cost about $47,393, the least expensive MBA program is $13,361 from Longwood University, and the most expensive is $151,200 from University of Virginia-McIntire.
An Online MBA program from an institution in Virginia will cost you between $13,361 from Longwood University and $75,600 from James Madison University. The average cost of online MBA programs within Virginia is $37,010.
Average Tuition for In-Person MBA Programs
Average: $47,393 from Virginia’s 14 in-person MBA Programs
Lowest in-person: $13,361 from Longwood University
Highest in-person: $151,200 from University of Virginia-McIntire
Most Affordable MBAs in Virginia
- Longwood University - $13,361.00
- Radford University - $15,984.00
- University of Mary Washington - $20,670.00
- Virginia State University - $24,978.00
- Old Dominion University - $31,564.00
- Virginia Commonwealth University - $34,172.00
- Shenandoah University - $34,848.00
- George Mason University - $37,737.00
- College of William and Mary - $42,000.00
- Virginia Polytechnic Institute and State University - $62,000.00
Most Expensive MBAs in Virginia
- University of Virginia-McIntire - $151,200.00
- James Madison University - $75,600.00
- University of Richmond - $72,000.00
- Virginia Polytechnic Institute and State University - $62,000.00
- College of William and Mary - $42,000.00
- George Mason University - $37,737.00
- Shenandoah University - $34,848.00
- Virginia Commonwealth University - $34,172.00
- Old Dominion University - $31,564.00
- Virginia State University - $24,978.00
What is the Average Graduate MBA Salary in Virginia?
While the average starting salary for graduates of an in-person MBA program in Virginia is about $93,970, the lowest average MBA starting salary is $58,900 from Virginia State University, and the highest average MBA starting salary is $157,090 from University of Virginia-McIntire.
The average starting salary for graduates of an Online MBA program from an institution in Virginia is between $64,200 from Longwood University and $118,300 from Virginia Polytechnic Institute and State University. The average starting MBA salary for graduates of online MBA programs within Virginia is $92,892.
Average Graduate Salaries for In-Person MBA Programs
- Average: $93,970 from Virginia’s 14 In-Person MBA Programs
- Lowest In-Person: $58,900 from Virginia State University
- Highest In-Person:$157,090 from University of Virginia-McIntire
Schools with the Highest Graduate MBA Salaries in Virginia
- University of Virginia-McIntire - $157,090.00
- Virginia Polytechnic Institute and State University - $118,300.00
- College of William and Mary - $112,000.00
- George Mason University - $110,100.00
- James Madison University - $92,100.00
- Radford University - $91,600.00
- Shenandoah University - $89,900.00
- University of Mary Washington - $89,700.00
- Virginia Commonwealth University - $82,232.00
- University of Richmond - $79,683.00
Schools with the Lowest Graduate MBA Salaries in Virginia
- Virginia State University - $58,900.00
- Longwood University - $64,200.00
- Old Dominion University - $75,800.00
- University of Richmond - $79,683.00
- Virginia Commonwealth University - $82,232.00
- University of Mary Washington - $89,700.00
- Shenandoah University - $89,900.00
- Radford University - $91,600.00
- James Madison University - $92,100.00
- George Mason University - $110,100.00
What is the Average ROI for MBA Programs in Virginia?
Choosing an MBA program requires more than a glance at the school’s reputation or curriculum. The return on investment (ROI) should take center stage in your evaluation. This measurement reveals the potential value derived from your tuition investment, putting key factors such as starting salary and career progression under the microscope.
By scrutinizing the ROI, you’re not just making a decision—you’re making an informed one. This approach will ensure the selection of an MBA program that provides the most bang for your buck. Checking the ROI might not be an afterthought; it could be the game-changer in your MBA journey.
While the average in-person MBA program ROI from Virginia is 173%, the lowest ROI is 4% from University of Virginia-McIntire, and the best ROI is 473% from Radford University.
The ROI from Online MBA programs in Virginia range between 22% from James Madison University and 473% from Radford University. The average ROI of online MBA programs within Virginia is 216%.
In-Person ROI for MBA Programs
- Average: 173% from Virginia’s 14 in-person MBA Programs
- Lowest in-person: 4% from University of Virginia-McIntire
- Highest in-person: 473% from Radford University
Highest ROI for MBA Programs in Virginia
- Radford University - 473.00%
- Longwood University - 381.00%
- University of Mary Washington - 334.00%
- George Mason University - 192.00%
- College of William and Mary - 167.00%
- Shenandoah University - 158.00%
- Virginia Commonwealth University - 141.00%
- Old Dominion University - 140.00%
- Virginia State University - 136.00%
- Virginia Polytechnic Institute and State University - 91.00%
Lowest ROI for MBA Programs in Virginia
- University of Virginia-McIntire - 4.00%
- University of Richmond - 11.00%
- James Madison University - 22.00%
- Virginia Polytechnic Institute and State University - 91.00%
- Virginia State University - 136.00%
- Old Dominion University - 140.00%
- Virginia Commonwealth University - 141.00%
- Shenandoah University - 158.00%
- College of William and Mary - 167.00%
- George Mason University - 192.00%
What is the Average GMAT Score Needed for an MBA Program in Virginia?
The Graduate Management Admission Test (GMAT) is a standardized examination used by MBA schools to assess their applicant pool. The test is strategically designed to measure an applicant’s analytical, verbal, writing and mathematical skills. The GMAT is used as a predictor of success in MBA programs and tests one’s ability to successfully handle the advanced quantitative and qualitative study of business and management.
While the average GMAT score needed for in-person MBA program in Virginia is 578, the lowest average GMAT score is for an MBA program is 438 from Radford University, and the highest GMAT score needed is 720 from University of Virginia-McIntire.
The average GMAT score needed for an online MBA program from an institution in Virginia is between 438 from Radford University to 620 from College of William and Mary. The average GMAT scored for online MBA programs within Virginia is 546.
Average GMAT Score for In-Person MBA Programs
- Average: 578 from Virginia’s 14 in-person MBA Programs
- Lowest in-person: 438 from Radford University
- Highest in-person: 720 from University of Virginia-McIntire
Lowest GMAT Scores in Virginia
- Radford University - 438
- Virginia Polytechnic Institute and State University - 463
- Longwood University - 538
- Old Dominion University - 540
- Virginia Commonwealth University - 555
- James Madison University - 568
- University of Mary Washington - 593
- George Mason University - 595
- University of Richmond - 600
- College of William and Mary - 620
Highest GMAT Scores in Virginia
- University of Virginia-McIntire - 720
- Shenandoah University - 654
- Virginia State University - 630
- College of William and Mary - 620
- University of Richmond - 600
- George Mason University - 595
- University of Mary Washington - 593
- James Madison University - 568
- Virginia Commonwealth University - 555
- Old Dominion University - 540
No GMAT or GRE – Best MBA 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 | Shenandoah University | No | No | School of Business | Winchester, VA |
4 | University of Richmond | No | No | Robins School of Business | Richmond, VA |
5 | Virginia Commonwealth University | No | Yes | School of Business | Richmond, VA |
6 | University of Mary Washington | No | Yes | College of Business | Fredericksburg, VA |
7 | Virginia State University | Optional | No | Reginald F. Lewis College of Business | Petersburg, VA |
8 | Virginia Polytechnic Institute and State University | Optional | Yes | Pamplin College of Business | Blacksburg, VA |
9 | Longwood University | No | Yes | College of Business and Economics | Farmville, VA |
MBA Schools with the Most Alumni Virginia?
The importance of networking, whether it’s by way of campus job fairs, student organization members, or faculty mentorship, should not be understated. The average MBA enrollment size has a direct impact on your studies, your job prospects, and your ability to define your career goals.
Every B-School has a strategy behind their enrollment sizes. If a prospective B-Student is looking for networking opportunities, wants to attend job fairs, and plans on joining student organizations, B-School enrollment size plays an important role in the decision making process. For the B-Student interested in the smaller cohort-style classroom experience and thrive with face-to-face collaboration with their professors, a manageable enrollment size is the preferred option.
For Virginia state’s MBA programs, the range for full-time enrollment is between 8 and 324. For part-time enrollment, the range is between : 38.00 and : 743.00.
Average Enrollment for In-Person MBA Programs
- Lowest: 8 from University of Richmond
- Highest: 324 from College of William and Mary
- Average: 122 from Virginia’s 14 MBA Programs.
- Average: 296 from 511 the nation’s campus MBA Programs.
Schools with the Lowest Student Enrollment in Virginia
MBA Programs with the Highest Student Enrollment in Virginia
What MBA Concentrations Available in Virginia?
Highly competitive B-Schools recruit part-time and full-time professors that are both academic and industry influencers. They are the subject matter experts in their respective concentrations. To meet the diverse needs of Virginia businesses, MBA programs here have risen to the challenge by offering you an array of more than 31 MBA concentrations including:
- Marketing: 13
- General Business: 11
- Accounting: 10
- Data Analytics: 10
- Finance: 9
- Management: 9
- Information Systems: 8
- Corporate Finance: 8
- Economics: 5
- Global Management: 5
What Schools Offer the Widest Variety of MBA Concentrations in Virginia?
- University of Virginia-McIntire: 16
- Old Dominion University: 14
- Virginia Polytechnic Institute and State University: 13
- University of Richmond: 12
- George Mason University: 12
- James Madison University: 11
- Virginia Commonwealth University: 10
- Radford University: 10
- Shenandoah University: 8
- College of William and Mary: 8
Cities Offering MBA Programs in Virginia
Looking for a particular city in Virginia with an accredited MBA program? Research and compare MBA programs from other cities in Virginia. Find online programs, programs by concentration, by average GMAT score and more.
- Blacksburg
- Charlottesville
- Fairfax
- Farmville
- Harrisonburg
- Lexington
- Newport News
- Norfolk
- Petersburg
- Radford
- Richmond
- Williamsburg
- Winchester
The Importance of MBA Accreditation
The importance of accreditation can’t be underestimated. For many, knowing your school is accredited by the AACSB and regionally accredited by the US Department of Education is enough assurance that you will receive a quality education, where credits are more likely to transfer, and you will be qualified for loans, grants, and scholarships.
AACSB accreditation is considered to be the gold standard in business school credentialing. Established to promote high-quality business education in the U.S., AACSB members developed a stringent accreditation process. Members are held accountable for following an established business education framework set forth by the AACSB. With that comes MBA degrees conferrals that are widely recognized by Fortune 500 companies. This results in lucrative job opportunities.
MBA Program Options Available in Virginia
Options for earning your MBA in Virginia have never been more flexible. Virginia MBA programs have become adept at offering effective alternatives for you to earn your MBA, no matter your life situation or schedule.
Virginia has 14 Accredited MBA programs. 1 private and 11 public schools offering MBA programs.
Virginia has 11 public schools and 1 private schools offering MBA degree programs.
14 Accredited MBA programs. and 11 public schools offering MBA programs.
Virginia schools offer 10 different paths to earn your MBA in Virginia including Campus, Full-Time, Part-Time, Online, Evenings, Weekends, Distance Education, Off Campus, Partnership and 1-Year.
To meet the diverse needs of Virginia businesses, MBA programs here have risen to the challenge by offering you an array of more than 31 MBA concentrations to specialize in.
Awards for MBA Programs in Virginia
The ranking of MBA programs is certainly not an exact science and plenty of subjective reasoning and biases come into play. We offer insights into ranking as another way to evaluate a potential MBA program.
Of the 14 accredited MBA programs offered in Virginia, 12 of them have been recognized by at least one distinguished publication (MBAGuide, PQ, US News, Forbes, BW, FT and Economist) garnering an award as one of the best MBA programs in the country.
Virginia schools have earned a total of 22 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:
- University of Virginia-McIntire: 7
- College of William and Mary: 5
- Virginia State University: 1
- Virginia Polytechnic Institute and State University: 1
- Virginia Commonwealth University: 1
- Shenandoah University: 1
- University of Richmond: 1
- Old Dominion University: 1
- Longwood University: 1
- James Madison University: 1
- George Mason University: 1
- Radford University: 1
Publications and the number of awards granted for Virginia schools:
- MBAGuide: 12
- US News: 2
- Forbes: 2
- BW: 2
- FT: 1
- Economist: 1
How We Rank the Best MBA Programs in Virginia
MBAGuide.org employs a comprehensive ranking methodology that combines quantitative data (80% of the score) with qualitative assessments (20%) to evaluate MBA programs. The quantitative component considers factors such as student-faculty ratio, tuition, enrollment, and post-graduation salaries, while the qualitative aspect incorporates editorial ratings and school reputation, providing a well-rounded view of each program’s quality and value.
Best MBA Programs by State: Online and In-Person
Alabama – Online | In-Person
Alaska – Online | In-Person
Arizona – Online | In-Person
Arkansas – Online | In-Person
California – Online | In-Person
Colorado – Online | In-Person
Connecticut – Online | In-Person
Delaware – Online | In-Person
Florida – Online | In-Person
Georgia – Online | In-Person
Hawaii – Online | In-Person
Idaho – Online | In-Person
Illinois – Online | In-Person
Indiana – Online | In-Person
Iowa – Online | In-Person
Kansas – Online | In-Person
Kentucky – Online | In-Person
Louisiana – Online | In-Person
Maine – Online | In-Person
Maryland – Online | In-Person
Massachusetts – Online | In-Person
Michigan – Online | In-Person
Minnesota – Online | In-Person
Mississippi – Online | In-Person
Missouri – Online | In-Person
Montana – Online | In-Person
Nebraska – Online | In-Person
Nevada – Online | In-Person
New Hampshire – Online | In-Person
New Jersey – Online | In-Person
New Mexico – Online | In-Person
New York – Online | In-Person
North Carolina – Online | In-Person
North Dakota – Online | In-Person
Ohio – Online | In-Person
Oklahoma – Online | In-Person
Oregon – Online | In-Person
Pennsylvania – Online | In-Person
Rhode Island – Online | In-Person
South Carolina – Online | In-Person
South Dakota – Online | In-Person
Tennessee – Online | In-Person
Texas – Online | In-Person
Utah – Online | In-Person
Vermont – Online | In-Person
Virginia – Online | In-Person
Washington – Online | In-Person
West Virginia – Online | In-Person
Wisconsin – Online | In-Person
Wyoming – Online | In-Person
District of Columbia – Online | In-Person
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