by our College Data Analytics TeamHere, you'll find out more about the major, including such details as the number of graduates, what degree levels are offered, ethnicity of students, average salaries, and more. We've also included details on how URichmond ranks compared to other colleges offering a major in business administration.
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In College Factual's most recent rankings for the best schools for business administration majors, URichmond came in at #65. This puts it in the top 5% of the country in this field of study. It is also ranked #3 in Virginia.
During the 2021-2022 academic year, University of Richmond handed out 223 bachelor's degrees in business administration & management. This is an increase of 8% over the previous year when 207 degrees were handed out.
In 2022, 39 students received their master’s degree in business administration from URichmond. This makes it the #608 most popular school for business administration master’s degree candidates in the country.
The median salary of business administration students who receive their bachelor's degree at URichmond is $68,151. This is higher than $45,741, which is the national median for all business administration bachelor's degree recipients.
The typical student loan payment of a bachelor's degree student from the business administration program at URichmond is $869 per month.
Part-time undergraduates at URichmond paid an average of $2,555 per credit hour in 2022-2023. This tuition was the same for both in-state and out-of-state students. Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $62,600 | $62,600 |
| Books and Supplies | $1,000 | $1,000 |
| On Campus Room and Board | $16,210 | $16,210 |
| On Campus Other Expenses | $1,510 | $1,510 |
Learn more about URichmond tuition and fees.
Of the 223 students who graduated with a Bachelor’s in business administration from URichmond in 2022, 64% were men and 36% were women.
The majority of bachelor's degree recipients in this major at URichmond are white. In the most recent graduating class for which data is available, 71% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Richmond with a bachelor's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 16 |
| Black or African American | 5 |
| Hispanic or Latino | 14 |
| White | 159 |
| Non-Resident Aliens | 15 |
| Other Races | 14 |
Online degrees for the URichmond business administration bachelor’s degree program are not available at this time. To see if the school offers distance learning options in other areas, visit the URichmond Online Learning page.
Graduates of the master's business administration program at URichmond make a median salary of $99,840. This is a better than average outcome since the median salary for all business administration graduates with a master's is $72,329.
Of the 37 students who graduated with a Master’s in business administration from URichmond in 2022, 43% were men and 57% were women.
The majority of the students with this major are white. About 65% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from University of Richmond with a master's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 3 |
| Black or African American | 2 |
| Hispanic or Latino | 0 |
| White | 24 |
| Non-Resident Aliens | 0 |
| Other Races | 8 |
Take a look at the following statistics related to the make-up of the business administration majors at University of Richmond.
| Related Major | Annual Graduates |
|---|---|
| Human Resource Management | 129 |
| Accounting | 34 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.