Old Dominion University Strome College of Business
Master's and MBA Programs in Business
Tuition, ROI, Graduate Salary, GMAT Requirements
$31,564
Average Tuition
$75,800
Average Starting Salary*
540
Average GMAT Scores
2,992
Average Student Enrollment
Old Dominion University
Strome College of Business
- 2008 Constant Hall, Norfolk, VA - 23529
Business School
Institution Control: Public- AACSB Accreditation: Business and Accounting
- Academic Year: Semester
- Full-Time Faculty: 91
Business Programs
Business Degrees & Concentrations: Accounting, Corporate Finance, Data Analytics, Economics, Finance, General Business, Global Management, Information Systems, Insurance, International Business, Management, Marketing, Real Estate and Supply Chain- Offered As: Campus, Distance Education, Evenings, Full-Time, Online, Part-Time and Weekends
Undergraduate School of Business
Undergrad Degrees Conferred: 562- In-State Tuition: $10,680
MBA Program Ranking(s)
Ranked by: MBAGuideMBA Tuition & Fees
In-State Tuition: $31,564Enrollment
Full-time, All: 2,992Average GMAT Score
Average GMAT MBA: 540Student / Faculty Ratio
Institution: 15:1Average Starting Salary
Graduate Salary*: $75,800Award Levels
Award Levels Offered: Doctoral, Master, MBA and UndergraduateSocial Links
Facebook, Linkedin and TwitterGMAT Requirements
GMAT Required* (yes, no, optional, recommended): ConditionalMBAGuide Rankings
Program Rankings:
Compare Old Dominion University's Tuition, Salary, ROI, Student / Faculty Ratio, Enrollment (Alumni) and GMAT Requirements
Compare how the MBA program at Old Dominion University measures up against Virginia, national, and online averages across key metrics of Tuition, Graduate Salary, Graduate ROI, Student / Faculty Ratios, Enrollment (Alumni) and GMAT Requirements to help you evaluate your educational investment.
| Averages | Old Dominion University | Online | Virginia |
|---|---|---|---|
| Tuition | $31,564 | $37,167 | $47,393 |
| Salary | $75,800 | $79,354 | $93,970 |
| ROI | 140% | 196% | 173% |
| S/F Ratio | 16:1 | 17:1 | 14:1 |
| Enrollment | 2992 | 2,654 | 2,152 |
| GMAT | GMAT Required: Yes
Average GMAT Score: 540 |
561 | 578 |
Compare Average MBA Tuition
In Virginia the most affordable MBA program is $13,361 and the most expensive is $151,200. The average tuition cost in the state is $47,393. Currently, the average in-state MBA tuition for Old Dominion University is $31,564.
| Comparison Group | MBA Tuition Averages |
|---|---|
| Old Dominion University | $31,564 |
| Virginia Average | $47,393 |
| Online Average | $37,167 |
| National Average | $42,528 |
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- Old Dominion University average in-state tuition is $31,564
- The average Virginia in-state MBA tuition is $47,393
- The average online MBA tuition in the United States is $37,167
- The national average in-state tuition in the United States is $42,528
The most affordable Online MBA program in Virginia is $13,361 while the most expensive online program is $75,600. The average online tuition for Virginia programs is $37,010. Research the most affordable AACSB online MBA programs across the nation.
- Old Dominion University's average in-state tuition is $31,564
- Virginia average in-state tuition is $37,010
- National for average in-state tuition in the United States is $37,167
- Online average for in-state tuition is $37,167
- Find the most affordable online MBA schools.
Compare Average Graduate MBA Salaries
The highest average graduate salary1 for an MBA program in Virginia is $157,090 and the lowest is $58,900. The average graduate MBA salary in the state is $93,970. Currently, the average MBA graduate salary for Old Dominion University is estimated to be $75,800.
| Comparison Group | Graduate MBA Salary Averages |
|---|---|
| Old Dominion University | $75,800 |
| Virginia Average | $93,970 |
| Online Average | $79,354 |
| National Average | $82,899 |
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- National average for MBA graduate salary is $82,899
- Online average for graduate MBA salary is $79,354
For online MBA programs in Virginia, the highest average graduate salary1 is $118,300 and the lowest is $64,200. The average graduate MBA salary in the state is $92,892. Currently, the average MBA graduate salary for Old Dominion University is estimated to be $75,800.
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- Virginia average for online MBA starting salary is $92,892
- National average for online MBA starting salary is $79,354
Find the online MBA programs with highest and lowest average online MBA starting salaries.
Compare Average ROI for Graduate MBA Students
The highest average graduate ROI1 for MBA students in Virginia is 473% and the lowest is 4%. The average graduate MBA ROI in the state is 173%. Currently, the average MBA graduate ROI for Old Dominion University is estimated to be 140%.
| Comparison Group | Graduate MBA ROI Averages |
|---|---|
| Old Dominion University | 140% |
| Virginia Average | 173% |
| Online Average | 196% |
| National Average | 186% |
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- National average for MBA graduate ROI is 186%
- Online average for graduate MBA ROI is 196%
For online MBA programs in Virginia, the highest average graduate ROI1 is 473% and the lowest is 22%. The average graduate MBA ROI in the state is 216%. Currently, the average MBA graduate ROI for Old Dominion University is estimated to be 140%.
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- Virginia average for online MBA starting ROI is 216%
- National average for online MBA starting ROI is 196%
Find the schools with the highest and lowest ROI for graduating MBA students.
Compare Business School Student / Faculty Ratios
The average student to faulty ratio for business schools in Virginia ranges between a low of 3:1 to a high of 19:1 with an average Student Faculty Ratio of 14:1. Currently, Old Dominion University has an average student-to-faculty ratio for its MBA program of 16:1.
| Comparison Group | Average Student to Faculty Ratios |
|---|---|
| Old Dominion University | 16:1 |
| Virginia Average | 14:1 |
| Online Average | 17:1 |
| National Average | 16:1 |
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- Old Dominion University Average Student Faculty Ratio: 16:1
- Virginia Student Faculty Ratio: 14:1
- Average U.S. Student Faculty Ratio: 16:1
- Average Online Student Faculty Ratio: 17:1
For online MBA programs, the student-to-faculty ratios range between a low of 2:1 to a high of 63:1 with an average of 17:1.
Research the best and worst student-to-faculty ratios.
Compare Average Business School Enrollment (Alumni)
In Virginia, the average business school enrollment ranges between a low of 350 to a high of 6,004 with an average of 2,152. Currently, Old Dominion University average school enrollment is 2992.
| Comparison Group | Average Business School Enrollment / Alumni |
|---|---|
| Old Dominion University | 2992 |
| Virginia Average | 2,152 |
| Online Average | 2,654 |
| National Average | 2,533 |
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- Old Dominion University Average School Enrollment: 2992
- Virginia's Average School Enrollment: 2,152
- National Average for School Enrollment: 2,533
- Online Average for School Enrollment: 2,654
For online business schools, enrollments range from a low of 152 to a high of 21,000 with an average of 2,654.
Research, find and compare online business schools enrollments.
Compare Average GMAT Scores
The average GMAT score for an MBA program in Virginia ranges between a low of 438 to a high of 720 with an average of 578. At the present time, Old Dominion University average GMAT score for its MBA program is 540.
| Comparison Group | Average GMAT Scores |
|---|---|
| Old Dominion University | 540 |
| Virginia Average | 578 |
| Online Average | 561 |
| National Average | 567 |
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- Old Dominion University Average GMAT: 540
- Virginia's Average GMAT Scores: 578
- National Average for GMAT Scores: 567
- Online Average for GMAT Scores: 561
For online MBA programs GMAT scores range from a low of 265 to a high of 732 with an average of 561.
Many MBA programs no longer require the GMAT, making these exams optional or conditional based on specific criteria. While some business schools have eliminated standardized testing requirements entirely, others still consider test scores as a component of the application process. Even at test-optional institutions, admissions committees may require the GMAT for applicants with lower GPAs or limited quantitative coursework. Ultimately, strong test scores can strengthen an application, but many programs now evaluate candidates holistically based on work experience, academic background, and leadership potential.
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- Find MBA programs that do not require a GMAT or make the exam optional or conditional
- Find Online MBA programs with the highest and lowest GMAT requirements
Virginia Schools Offering Online MBA Degrees
- Marymount University
- Virginia Polytechnic Institute and State University
- Virginia Commonwealth University
- Old Dominion University
- Longwood University
- James Madison University
- George Mason University
- Radford University
- University of Mary Washington
- College of William and Mary
Virginia Schools Offering both Campus and Online MBA Degrees
Find the best ranked MBA programs in Virginia and also find the best best online MBA programs accepting Virginia students.
- Marymount University
- Virginia State University
- Virginia Polytechnic Institute and State University
- University of Virginia-McIntire
- Virginia Commonwealth University
- Shenandoah University
- University of Richmond
- Old Dominion University
- Longwood University
- James Madison University
- George Mason University
- Radford University
- University of Mary Washington
- College of William and Mary
Cities in Virginia Where You Can Find MBA Programs
Using the following links, compare average tuition costs, starting graduate salaries, program ROIs, averaged required GMAT scores, strong alumni networks and more.
- Blacksburg
- Charlottesville
- Fairfax
- Farmville
- Harrisonburg
- Lexington
- Newport News
- Norfolk
- Petersburg
- Radford
- Richmond
- Williamsburg
- Winchester
Old Dominion University Strome College of Business Summary
In-state tuition and fees for the MBA program at Strome College of Business is $31,564. Of all MBA programs offered in Virginia, the average cost for in-state tuition and fees is $47,393 a year. The average cost for in-state tuition and fees for an online MBA program is $37,167 a year.
The average GMAT score to enter into Strome College of Business is 540 while the average GMAT score to for MBA schools in Virginia is 578.00, and the average GMAT score to enter into an online GMAT program is 560.93.
After graduating, the school reports that the average graduate salary is $75,800.
Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 140%
The average in-state tuition you can expect to pay is about $31,564, and the average GMAT score for acceptance in their program is 540.
After graduating, the school reports that the average graduate salary is $75,800. Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 140%
Programs are offered as: Campus, Distance Education, Evenings, Full-Time, Online, Part-Time and Weekends.
The school is ranked by: Old Dominion University's MBA program is accredited by the AACSB and is ranked by the following publications: MBAGuide
| Averages | Old Dominion University | Online | Virginia |
|---|---|---|---|
| Tuition | $31,564 | $37,167 | $47,393 |
| Salary | $75,800 | $79,354 | $93,970 |
| ROI | 140% | 196% | 173% |
| S/F Ratio | 16:1 | 17:1 | 14:1 |
| Enrollment | 2992 | 2,654 | 2,152 |
| GMAT | GMAT Required: Yes
Average GMAT Score: 540 |
561 | 578 |
1*If a school does not provide average graduate salary information or graduate ROI data on their web site, MBAGuide estimates these figures using a variety of state and regional sources including the CollegeNavigator, the U.S. Bureau of Labor Statistics and state or regional equivalents. If you find mistakes in our database, please contact us.
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.