2021 Best MBA Programs in Virginia

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.

An MBA program in Virginia will cost you between $18,612 to $92,526 each year depending on how you calculate tuition as in-state, out-of-state, or out-of-country. Completing your MBA in Virginia will cost, on average, for in-state tuition, $35,818

• Lowest: $18,612 from Radford University
• Highest: $74,550 from University of Virginia-Darden
• Average: $35,818 from Virginia's 17 MBA Programs
• Average: $34,774 from 172 Online MBA Programs

GMAT Scores for MBA Programs 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.

To be accepted into an MBA program in Virginia you will need a minimum GMAT score of 484.00. The average GMAT score for getting into a Virginia MBA program is 580.69.

• Lowest: 484 from Old Dominion University
• Highest: 720 from University of Virginia-Darden
• Average: 581 from Virginia's 17 MBA Programs
• Average: 553 from 172 Online MBA Programs

Faculty Strength for MBA Programs in Virginia

Full-Time Faculty

Highly competitive MBA schools recruit part-time and full-time professors that are both academics and industry influencers. They are the subject matter experts in their respective field. Most business professors have experienced success in the corporate world and have written extensively in their chosen field. The number of highly-qualified full-time faculty is directly related to the reputation of most elite MBA programs.

The number of full-time faculty for MBA programs in Virginia ranges from a low of 12 professors to a high or 121.

• Lowest: 12 from Virginia Military Institute
• Highest: 121 from Virginia Polytechnic Institute and State University
• Average: 62 from Virginia's 17 MBA Programs
• Average: 72 from 172 Online MBA Programs

Percent of Faculty with a PhD

Another high-level perspective to consider when determining the quality of an MBA faculty is to note the number of faculty who have earned a PhD in their respective area of excellence. Note to writer - create a fuller amount of content for this section.

In Virginia MBA programs range from 71.10% of the faculty having a PhD to a 100.00% of the MBA faculty having a PhD.

• Lowest: 71% from James Madison University
• Highest: 100% from Washington and Lee University
• Average: 86% from Virginia's 17 MBA Programs
• Average: 84% from 172 Online MBA Programs

Student to Faculty Ratio

Quality MBA programs invest in the number of professors relative to the students attending the program. Commonly known as the Student Faculty ratio. Generally, the lower the ratio, the better it is for students. MBA students will get the personalized one-on-one attention from faculty mentors that have extensive experience in the industry. The Student/Faculty metric is a matter of personal preference and for those students who excel in lecture hall environments, you may not need the low student/faculty ratio.

In Virginia the student faculty ratio for MBA programs ranges from the lowest (best) of 2:25 the highest (less desirable) of 264:25.

• Lowest: 2:25 from Longwood University
• Highest: 264:25 from University of Virginia-Darden
• Average: 283:100 from Virginia's 17 MBA Programs.
• Average: 121:25 from 172 Online MBA Programs.

Student Enrollment for Virginia MBA Programs

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.

Full- & Part-Time MBA Student Enrollment

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 2 and 671. For part-time enrollment, the range is between 63 and 598.

• Lowest: 2 from University of Richmond
• Highest: 671 from University of Virginia-Darden
• Average: 143 from Virginia's 17 MBA Programs
• Average: 221 from 172 Online MBA Programs

Percent of Global MBA Student Population

The MBA programs in the United States are coveted around the world and attract a healthy percentage of global students each year. A culturally diverse student population is especially important in an ever-changing global economy. With increasing globalization, a well diversified student body from outside the United States can provide much needed global world-view as well as valuable networking opportunities.

In Virginia the percentage of students from the United States varies from a low of 60% to a high of 75%.

• Lowest: 60% from College of William and Mary
• Highest: 75% from University of Virginia-Darden
• Average: 68% from Virginia's 17 MBA Programs
• Average: 76% from 0 Online MBA Programs