Business Schools
In Richmond, Virginia

Business faculty can choose to work at one of 9 business schools in Richmond. The graphs, statistics and analysis below outline the current state and the future direction of academia in business in the city of Richmond, which encompasses business training at the following levels:

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


Statistics

Professional Trends

Richmond Vs. Virginia Business Employment

Richmond 1,550
Virginia 168,080

Of the 168,080 business professionals employed in Virginia, 1,550 work in Richmond. Between 2006 and 2010, in Richmond, there has been a 72% growth in the number of business professionals. As the employment for business professionals in Richmond has increased, overall employment in Richmond has also increased.

Richmond Vs. Virginia Business employment growth

128,710 133,640 107,730 161,460 168,080
900 1,290 1,430 No data 1,550
2006 2007 2008 2009 2010
  • Grey: Virginia
  • Dark Yellow: Richmond

Business VS. All professions salaries in Richmond

$74,769 $70,397 $68,269 No data $89,691
$37,120 $37,780 $39,600 No data $42,600
2006 2007 2008 2009 2010
  • Light Blue: Business in Richmond
  • Dark Yellow: All Professions in Richmond

As the number of business professionals in Richmond has grown, salaries for business professionals have also increased. In 2010 an average salary of $89,691 per year was earned by business professionals in Richmond. Four years earlier in 2006, the average salary for business professionals in Richmond was $74,769 per year. The growth in the salary of business professionals in Richmond is faster than the salary trend for all careers in the city.

Salary percentiles for Business professionals in Richmond

10th percentile
$39,070
25th percentile
$55,100
50th percentile
$82,309
75th percentile
$98,993
90th percentile
$122,742

Business professionals in Richmond make a median yearly salary of $82,309. The difference in pay between the business professionals in the lowest pay bracket and those in the highest pay bracket is approximately 214%. Those in the lowest 10% of the pay bracket earn less than $39,070 per year, while those in the highest 10% of the pay bracket earn more than $122,742 per year.

Average Salaries for Business professionals and related professions in Richmond

Hospitality
$19,315
Accounting
$40,453
Human Resources
$41,570
Fashion Merchandising
$49,493
Forensic Accounting
$66,190
Management
$75,184
Finance
$76,800
Project Management
$78,076
Business Administration
$80,655
Small Business
$85,130
Business
$89,691
Sports Management
$90,560
Business Management
$98,112
International Business
$99,235

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

Educational Trends

Business schools in Richmond

9

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

Business Programs Offered In Richmond

associate
8
bachelor
17
master
10
doctor
0
Certificate
8
Total43

There are a total of 43 degree and certificate programs in business offered by Richmond's business schools.

Student Completed Business Degrees In Richmond

associate
179
bachelor
883
master
273
doctor
0
Certificate
65
Total1,400

In 2010 approximately 1,400 students graduated from business courses.

Business Faculty Salaries in Richmond, Virginia

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Currently we are in the process of collecting data for the number of business faculty in Richmond, growth in the field of business academia and faculty salaries in Richmond. Please enter your information in the form below if you are involved in teaching business courses to students at the certificate in business, associates degree in business, bachelors degree in business, masters degree in business, and doctoral degree in business levels. This will help us build a valuable free database resource for the benefit of current and future faculty in the field of business in Richmond. All information you submit will be anonymous. A summary of the data collected thus far will be available to you once you have submitted your information.

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