Best Online MBA Programs in Richmond, VA (2026)

Richmond, Virginia has 5 accredited schools offering mba programs, with tuition ranging from $18,145 to $36,577 per year for indexed programs. Richmond has a population of about 227,595. Median household income is $62,671 (Census ACS 2023, 5-year). About 44.1% of adults 25+ hold a bachelor’s degree or higher. In the Richmond, VA metro area, the top-earning mba-related role is Marketing Manager at a median $174,130 annually (BLS OEWS, May 2025).


Closest MBA Schools to Richmond

The accredited institutions listed below are the closest in our directory that offer mba programs near Richmond, ranked by BOC Score and straight-line distance from Richmond city center. The list is rebuilt from federal IPEDS data on every site update.

How We Rank Schools

Every school list on this site is ordered by the BOC Score, computed from the most recent school-level data published by the U.S. Department of Education (College Scorecard and IPEDS). To qualify, a school must be currently operating and accredited by an agency recognized by the U.S. Department of Education. Each eligible school is then scored on five measures, percentile-ranked against schools at the same credential level:

  • Graduation rate 30%
  • Median earnings, 10 years after entry 25%
  • Average net price (lower is better) 20%
  • Retention rate 15%
  • Fully online availability 10%

Schools without enough outcome data appear after ranked schools, without a score. On this page, schools are ordered by distance from Richmond. Advertising never affects these rankings. Read the full methodology.

#1

Virginia Commonwealth University

Richmond, VA 1.9 miles from Richmond BOC Score 65.9
  • 4 year
  • Campus + Online
Graduation rate 69%
Median earnings, 10 yrs after entry $58,128
Avg net price $23,433/yr
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 85%
  • Programs offered: 61

Source:IPEDSCollege Scorecard

#2

J Sargeant Reynolds Community College

Richmond, VA 2.3 miles from Richmond BOC Score 52.7
  • 2 year
  • Campus + Online
Graduation rate 22%
Median earnings, 10 yrs after entry $39,529
Avg net price $5,168/yr
TuitionContact school for pricing
Contact
Key stats
  • Programs offered: 37

Source:IPEDSCollege Scorecard

#3

Virginia Union University

Richmond, VA 2.5 miles from Richmond BOC Score 37.4
  • 4 year
  • Campus + Online
Graduation rate 41%
Median earnings, 10 yrs after entry $38,275
Avg net price $13,235/yr
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 65%
  • Programs offered: 15

Source:IPEDSCollege Scorecard

Source: IPEDS / College Scorecard (2023 cohort). Browse all Virginia schools on the Virginia mba page.


MBA Wages Near Richmond

Richmond is part of the Richmond, VA metro area (BLS area code 40060). Where MSA-level wages are published, the table below shows MSA medians; otherwise it falls back to Virginia statewide.

OccupationMedian WageSourceCOL-Adjusted (US=100)
General and Operations Manager$108,670Richmond, VA$111,001
Financial Manager$173,140Richmond, VA$176,854
Marketing Manager$174,130Richmond, VA$177,865
Management Analyst$95,660Richmond, VA$97,712

Source: BLS, May 2025 Occupational Employment and Wage Statistics. The U.S. Bureau of Labor Statistics publishes wage data at the metro (MSA) and state level – not by individual city.


Richmond at a Glance

MetricValueSource
Population227,595Census ACS 2023 5-yr (B01003)
Median household income$62,671Census ACS 2023 5-yr (B19013)
Adults 25+ with bachelor’s+44.1%Census ACS 2023 5-yr (B15003)
Regional Price Parity (US=100)97.9 (below U.S. average)BEA RPP 2024

Other Richmond-Area Cities With MBA Programs


Frequently Asked Questions

How many accredited mba schools are near Richmond, VA?

Our directory has 5 accredited schools offering mba programs near Richmond. The closest is Virginia Commonwealth University in Richmond, VA (1.9 miles), and the farthest of the schools shown is South University-Richmond (9.6 miles). 5 of the highlighted schools are flagged as offering distance education.

What are the highest-paying mba roles near Richmond?

Based on BLS OEWS May 2025 wage data, the top-paying mba-related roles near Richmond are: Marketing Manager ($174,130), Financial Manager ($173,140), General and Operations Manager ($108,670). These reflect MSA-level medians where published, with Virginia statewide fallback for occupations not reported at the metro level.

Should I look at programs in Hopewell instead of Richmond?

Hopewell, VA is 19.1 miles from Richmond and has its own set of local mba programs – see the city’s page. For online programs, distance matters less; for hybrid or in-person formats, comparing both can help.

Is Richmond an affordable place to study mba?

Richmond’s median household income of $62,671 (Census ACS 2023) is one input. Online programs let students stay in Richmond while attending lower-cost out-of-state schools, and Virginia public universities often offer reduced in-state online tuition.

How do I verify a program is accredited?

Confirm institutional accreditation via the U.S. Department of Education database (U.S. Dept. of Education database), and check for any program-specific accreditation listed by the school.


Learn More About MBA Programs

Other Programs Available in Richmond

Compare every accredited online degree program with city-level data for Richmond:

Data verified: July 30, 2026. Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2024โ€“2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.