The Best 15 MBA Programs in Virginia in 2024

January 26, 2024 | Admin

MBA Programs in Virginia

MBA programs give students an opportunity to network and expand on their business prowess. These programs are designed to give them the skills needed to be leaders and their industries.

Why Choose MBA Programs in Virginia?

In 2019, the average salary of MBA program graduates was $106,757. Among the top 12 highest ranked programs, an average salary was $173,860. That should show students just how important it is to find the right MBA program in Virginia.

Top 5 MBA Programs in Virginia

Rank School Location
1Longwood UniversityFarmville, Virginia
2Fairfax University of AmericaFairfax, Virginia
3University of Mary WashingtonFredericksburg, Virginia
4Mary Baldwin UniversityStaunton, Virginia
5Eastern Mennonite UniversityHarrisonburg, Virginia

Management occupations, which are just one option with an MBA, are expected to grow in number by 5% between 2019 and 2029, according to the U.S. Bureau of Labor Statistics. Between 2014 and 2024, the number of marketing jobs is expected to grow by nine percent as well. With an MBA, students have the option of switching careers and the flexibility to move between industries.

Getting an MBA in Virginia

With an MBA, students can get jobs such as medical and health services management positions, financial management positions and business operations management positions. Some of the highest paying positions include investment banking, financial management and marketing management.

Best 15 Schools for MBA Programs in Virginia


Longwood University

  • Farmville, Virginia

Longwood University offers a full-time and dual-degree MBA program. Concentrations are available in general business and real estate. The full-time program can be completed in 15 months and has 36 credit hours.

School Overview

Tuition: $6,480 (in-state)
Total enrollment: 4,468
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Fairfax University of America

  • Fairfax, Virginia

The Fairfax University of America offers a 12 course, 36 credit hour MBA program in Virginia. It is made up of five prerequisite courses, seven core courses, three concentration courses, one integration course and one elective course.

The MBA program offers new students the opportunity to join in the fall.

School Overview

Tuition: $13,068 (in-state)
Total enrollment: 153
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University of Mary Washington

  • Fredericksburg, Virginia

The University of Mary Washington offers a 48 credit hour MBA program that takes only 24 months to complete. It has intakes in the winter and spring, fall, and summer.

School Overview

Tuition: $8,676 (in-state)
Total enrollment: 4,488
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Mary Baldwin University

  • Staunton, Virginia

Mary Baldwin University offers an MBA program that is available online. It is made up of 36 credit hours with classes that start every eight weeks. It offers concentrations in strategic management, healthcare administration, nonprofit management and sustainable enterprise.

School Overview

Tuition: $13,000 (in-state)
Total enrollment: 1,986
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Eastern Mennonite University

  • Harrisonburg, Virginia

Eastern Mennonite University offers an MBA that can be completed in two years by finishing 36 credit hours. Online MBA and dual-degree programs are both available at the school.

School Overview

Tuition: $14,400 (in-state)
Total enrollment: 1,358
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Radford University

  • Radford, Virginia

Located in Radford, Virginia, Radford University has a full-time, part-time, and distance-learning MBA program. The programs are designed to be completed within six years, and they consist of 36 credit hours.

School Overview

Tuition: $8,915 (in-state)
Total enrollment: 11,870
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James Madison University

  • Harrisonburg, Virginia

James Madison University is located in Harrisonburg, Virginia, and offers a 28-month, part-time executive leadership MBA. The school also offers programs in innovation and information security. The programs are 42 or 48 credit hours.

School Overview

Tuition: $10,848 (in-state)
Total enrollment: 21,820
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Old Dominion University

  • Norfolk, Virginia

Old Dominion University, which is located in Norfolk, offers both hybrid MBA programs and online MBA programs. The programs have concentrations in human resource management, port and maritime management, contract management and other areas.

School Overview

Tuition: $10,207 (in-state)
Total enrollment: 23,675
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Averett University

  • Danville, Virginia

Averett University offers a Master of Business Administration with concentrations in human resource management, leadership and marketing. This program teaches the skills needed to excel in a career in business. The program teaches business lessons as well as global impact in the corporate, private and nonprofit sectors.

School Overview

Tuition: $35,600 (in-state):
Total enrollment: 894
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Marymount University

  • Arlington, Virginia

Marymount University offers full-time and dual-degree MBA programs. 39 credit hours schedule and is available part-time for those who already work or have other responsibilities.

School Overview

Tuition: $18,900 (in-state)
Total enrollment: 3,363
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University of Richmond

  • Richmond, Virginia

The University of Richmond offers a dual-degree program to get an MBA as well as a part-time program. In the part-time program, students can complete an MBA in just 24 months by finishing 45 credit hours.

School Overview

Tuition: $24,960 (in-state)
Total enrollment: 3,914
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Regent University

  • Virginia Beach, Virginia

Regent University is located in Virginia Beach and has a full-time MBA program that can be completed in 16 months. The program is based on 42 credit hours and is flexible with a part-time schedule available.

School Overview

Tuition: $15,552 (in-state)
Total enrollment: 10,365
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Virginia Commonwealth University

  • Richmond, Virginia

Virginia Commonwealth University offers a full-time MBA that takes 18 months to complete. Tuition is based on 48 credit hours. There is also a part-time MBA, executive MBA, distance learning program, and dual-degree program available.

School Overview

Tuition: $12,701 (in-state)
Total enrollment: 29,757
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George Mason University

  • Fairfax, Virginia

George Mason University is located in Fairfax and offers a 48 credit hour, part-time MBA. The school offers concentrations in entrepreneurship, leadership, marketing, project management, accounting and other areas. The school also offers an executive MBA and dual-degree program.

School Overview

Tuition: $12,144 (in-state)
Total enrollment: 37,863
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University of Virginia

  • Charlottesville, Virginia

The University of Virginia offers a full-time MBA that takes 21 months to complete. There are other options including dual-degree programs and an executive MBA available.

School Overview

Tuition: $16,578 (in-state)
Total enrollment: 25,012
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Ranking Specifications and Methods

In this article, we ranked the top 15 schools for MBA programs in Virginia. These programs are ranked based on in-state tuition for graduate students and total enrollment. Lower enrollment rates, which equal smaller classes, ranked higher. Lower tuition rates also ranked higher.

These ratings were ranked, added together to find the school’s score and then organized with the best university at the top of this list.

Every effort has been made to produce this list using accurate information. However, the data here may change and the results are not guaranteed.

Notice a Problem with Your School’s Rank?

If you noticed a problem with your school’s ranking, misinterpreted data or other issues, please reach out to us. We would be happy to make corrections. If you would like to have your school ranked, contact us.

Find the program that’s right for you

Whether you’re trying to start your career or make a big change, we can help you find the perfect school to help you reach your goals.

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