Business Administration Schools
In Richmond, Virginia

Business Administration faculty can choose to work at one of 9 business administration schools in Richmond. Below are statistics and other relevant data to help analyze the state of business administration and business administration education in Richmond, which includes business administration training at the following levels:

  • Business Administration Certificate
  • Associates degree in Business Administration
  • Bachelors degree in Business Administration
  • Masters degree in Business Administration


Statistics

Professional Trends

Richmond Vs. Virginia Business Administration Employment

Richmond 600
Virginia 64,030

Of the 64,030 business administration professionals employed in Virginia, 600 work in Richmond. Between 2006 and 2010, in Richmond, there has been a 76% growth in the number of business administration professionals. As the employment for business administration professionals in Richmond has increased, overall employment in Richmond has also increased.

Richmond Vs. Virginia Business Administration employment growth

41,600 43,580 10,990 59,370 64,030
340 340 470 No data 600
2006 2007 2008 2009 2010
  • Grey: Virginia
  • Dark Yellow: Richmond

Business Administration VS. All professions salaries in Richmond

$68,065 $66,500 $70,960 No data $80,655
$37,120 $37,780 $39,600 No data $42,600
2006 2007 2008 2009 2010
  • Light Blue: Business Administration in Richmond
  • Dark Yellow: All Professions in Richmond

As the number of business administration professionals in Richmond has grown, salaries for business administration professionals have also increased. In 2010 Richmond business administration professionals earned an average yearly salary of $80,655. Four years earlier in 2006, the average salary for business administration professionals in Richmond was $68,065 per year. This growth is faster than the salary trend for all careers in Richmond.

Salary percentiles for Business administration professionals in Richmond

10th percentile
$40,130
25th percentile
$57,315
50th percentile
$74,475
75th percentile
$99,500
90th percentile
$127,020

Business administration professionals in Richmond make a median yearly salary of $74,475. The difference in pay between the business administration professionals in the lowest pay bracket and those in the highest pay bracket is approximately 217%. Those in the lowest 10% of the pay bracket earn less than $40,130 per year, while those in the highest 10% of the pay bracket earn more than $127,020 per year.

Average Salaries for Business administration professionals and related professions in Richmond

Human Resources
$41,570
Project Management
$78,076
Business Administration
$80,655
Public Administration
$81,807
Business Management
$98,112
MBA
$117,935

On average business administration professional salaries in Richmond are lower than salaries earned by their professional counterparts in related professions.

Educational Trends

Business Administration schools in Richmond

9

There are 9 accredited business administration schools in the city. Many of Richmond's business administration professionals are graduates of one of these schools.

Business Administration Programs Offered In Richmond

associate
5
bachelor
4
master
4
doctor
0
Certificate
3
Total16

Richmond's business administration schools offer 16 business administration degree and certificate programs.

Student Completed Business Administration Degrees In Richmond

associate
189
bachelor
230
master
174
doctor
0
Certificate
18
Total611

Approximately 611 students graduated from business administration courses in 2010.

Business Administration Faculty Salaries in Richmond, Virginia

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Currently we are in the process of collecting data for the number of business administration faculty in Richmond, growth in the field of business administration academia and faculty salaries in Richmond. If you are involved in teaching business administration courses to students at the certificate in business administration, associates degree in business administration, bachelors degree in business administration, and masters degree in business administration levels, please take a moment to anonymously submit your information to help us build a valuable database resource for the benefit of current and future faculty in the field of business administration in Richmond. Once you have submitted your information an outline of the data we have collected up until now will be available for you to view.

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