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Virginia Commonwealth University
Graduate Studies in Business
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Contact Information:
301 West Main Street, PO Box 844000
Richmond, Virginia 23284-4000 USA

Phone: 1-804-828-4622
Fax: 1-804-828-7174

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 Program Overview   study in america

Virginia Commonwealth University's (VCU) School of Business offers a range of graduate degrees in business, including classic and executive Master of Business Administration (MBA), a Master of Accountancy (MAcct) degree, a Master of Taxation (MTax), five Master of Science in Business (MS) degrees, a classic and an executive Master of Science in Information Systems, a Master of Arts in Economics (MA) and Doctor of Philosophy (PhD) in business.
   Classes typically meet once a week in the evening. A limited number of classes meet twice a week, either early in the morning, the late afternoon or on weekends. Students proceed at their own pace and a degree may be completed in as little as 12 months, but must take no longer than five years.

Master of Business Administration Programs
The VCU MBA provides a balance of business theory and practical application. Through a variety of instructional methods, including case study, students learn to solve problems, make decisions, communicate effectively, work in teams and exercise leadership. The program is often recommended for individuals who do not have an undergraduate business degree. Students can choose a general MBA or opt to concentrate in decision sciences, economics, finance, information systems, marketing, real estate and urban land development or human resource management.
   The fast track executive MBA program is designed for rising executives and professionals with at least six years of management-level experience. Classes are held on Friday afternoons and all day Saturday on alternate weekends, allowing students to maintain full-time professional employment. The program uses a team approach to learning and features seven modules concentrating on the following topics in business: business foundations, organizational culture, analysis and decisions, team building and leadership, global challenges, productivity and innovation, and strategic management.

Master of Science in Business
The MS degree programs are designed for students who desire more specialized business study. Students may specialize in finance, decision sciences, information systems, global marketing management, human resource management, or real estate valuation.

Master of Science in Information Systems
The Master of Science in Information Systems program is designed to prepare students for senior level positions, planning, organizing, managing, designing, configuring, and implementing information systems using modern technologies, methods, techniques and tools. The Program provides a graduate level, technically-oriented curriculum that focuses on the design and the development of information systems to solve real world problems.
   Students with at least six years professional experience who are interested in Information Technology Management may wish to consider the Fast Track Executive MS in Information Systems program as an alternative. This is a twelve month program offered on alternate weekends taught in a modular fashion.

Master of Accountancy
The purpose of the Master of Accountancy program is to provide the skills and knowledge necessary for future leaders in the professional business community and the public sector. Students may select a specialization in the areas of accounting/ information systems, auditing/financial reporting, international business/management/marketing.

Master of Taxation
The complexity and changing nature of taxation has created a need for specialists who can interpret tax law, convey its meaning, and plan and comply with a myriad of reporting requirements. The MTax program is designed to offer an opportunity for tax professionals to update and expand their tax knowledge and to prepare students for careers in the field of taxation.

Master of Arts in Economics Programs
Graduates of the general MA degree program are expected to demonstrate competence in microeconomic and macroeconomic theory and in econometrics. Graduates will be qualified to conduct applied economic analysis in government or corporate research settings and to teach courses at the undergraduate level. This program also prepares students for entry into a doctoral program in economics.

Dual Degrees
The dual MBA/MS information systems degree program provides students with the opportunity to complete both master's-level degree programs simultaneously, sharing up to four courses (12 credit hours) between the two programs. Doctor of Pharmacy students at VCU have the unique opportunity to pursue the MBA program simultaneously with their pharmacy studies. The PharmD/MBA program seeks to prepare pharmacists for careers that encompass pharmacy and business theories and principles.

PhD in Business
The PhD in business is designed for individuals seeking positions at institutions that require a balance of scholarly training, teaching and a practical application in the field of study. Students may choose between three tracks: accounting, information systems or management

 Highlights   study in america

  • School of Business and Accounting Department accredited by AACSB International
  • The MS in Information Systems curriculum exceeds standards set by the Association for Computing Machinery (ACM) and Association for Information Systems (AIS)
  • VCU is ranked as a top research institution by the Carnegie Foundation

 Student Profile   study in america

# of Full-time Students: 235
# of Applications per year: 380
# Accepted per year: 228
# Enrolled per year: 160
Average GMAT Score: 560
Average Age: 27
% Men/Women: 64%/36%
Work Experience (avg yrs): 5.3 yrs
Class Sizes: 32

 Distribution by Undergraduate Degrees   study in america

Business 38
Humanities 23
Science and Engineering 14
Economics 6
Social Sciences 2
Other 17

 Location at a Glance   study in america

City Population: 197,000
Cost of Living: moderate
Climate Range: 28° to 88°F
Campus Setting: urban

 University at a Glance   study in america

Year Founded: 1838
Total Enrollment: 31,900
Graduate Enrollment: 7,700
Students in Residence: 2,500

 University & Location   study in america

Founded in 1838, Virginia Commonwealth University is a public institution with an enrollment of more than 29,000. VCU’s Academic Campus and Medical College of Virginia Campus, both located in Richmond, have a combined area of 50.5 acres. Thirty-two of VCU's 151 buildings were built prior to 1900 and 54 are either designated historic landmarks or lie within an historic district.
   VCU comprises one college and 12 academic schools that offer 52 baccalaureate, 59 master's and 20 doctoral programs, as well as first professional programs in medicine, dentistry and a doctor of pharmacy program. The university operates the Medical College of Virginia Hospitals, the fourth-largest teaching hospital in the United States.
   The capital of Virginia since 1779, Richmond is a two-hour drive from the Atlantic shore to the east, the Blue Ridge Mountains to the west and Washington, DC to the north. Its Fan District, reputed to be the largest intact community of Victorian buildings in the US, is the home of VCU's academic campus and many theaters, cafes, galleries and museums. Despite its high quality of life, Richmond is one of the most affordable American cities of its size.
   The city is home to six Fortune 500 companies. It has experienced recent growth in the high-tech and biotech industries and offers a wealth of employment opportunities. History and progress combine to make Richmond a distinctive, cosmopolitan city.

 International Student Support   study in america

The Center for International Programs provides assistance and information to international students, scholars, faculty, researchers, temporary employees and their dependents. Advising is available to assist with personal, financial, cultural and social adjustment issues and to help guide international students so they can pursue their academic goals successfully. The international student adviser helps students and scholars maintain their non-immigrant-visa status by issuing and processing necessary immigration documents in accordance with the federal government regulations.
   The International Student Adviser works with the International Student Union (ISU), the official club for international students. ISU members promote international understanding and awareness through activities on and off campus. International students are encouraged to join and actively participate in this part of their experience at VCU.

 Admissions Criteria & Procedures   study in america

Admission to VCU's graduate business programs is competitive. The average GMAT score of entering students is 560 and the average undergraduate grade point average (GPA) is 3.1 on a scale of 4.0.
   Students may enter MBA, MA, MS, MAcct and MTax programs in the fall, spring or summer term and should submit applications at least eight weeks prior to the beginning of term.
   Applicants to the MBA, MAcct, the financial track MA, the MS, the academic track MTax and the PhD programs must submit a GMAT score not more than five years old. GRE scores are required for the general track MA program. No test scores are required for the professional track MTax program.
   Applications must include official transcripts from all colleges and universities attended, three letters of recommendation, VCU financial aid forms (if applicable), a graduate application form, a personal statement, a resume and an application fee of $50.
   To be eligible for the MTax professional track, applicants must have a CPA, CMA or law designation, at least two years of relevant work experience, including independent tax research and supervisory responsibilities, and a minimum undergraduate GPA of 3.0. Personal interviews are required for MTax professional track applicants and recommended for MTax academic track applicants.
   International students should submit applications for the fall semester by April 1 and applications for the spring semester no later than October 1. International applicants must demonstrate satisfactory academic achievement, adequate English proficiency and the ability to finance their education. The minimum TOEFL score for admission is 600 on the paper-based test.

 Expenses & Financial Assistance   study in america

Virginia residents pay $7,751 per academic year for full-time tuition and associated fees. Out-of-state and international students pay $17,472 per academic year in full-time tuition and fees. Fast track executive MBA program students pay a single program fee of $42,000. The program fee for the Executive Master of Science of Information Systems is $30,000.
   The School of Business and individual departments offer several graduate assistantships each year. Students provide research or administrative support and receive partial tuition relief and a cash stipend. All assistantships are awarded competitively. Graduate business students are eligible for a variety of endowed and annual scholarships.
   Students seeking financial aid should apply by February 15 for fall admission and contact the VCU Financial Aid Office for further information.

 Career Placement & Opportunities   study in america

Information on career options is available through VCU's Career Center. Information stations help students identify their skills and interests, explore career alternatives and academic opportunities, develop successful job-search strategies and identify potential openings. Individual career planning is available, or students may attend presentations on job search skills, resume preparation and interviewing techniques. Through the Alumni Career Advisers Network, students can connect with VCU alumni already active in their career fields, gain information and make valuable contacts.
   Hundreds of job listings are accessible through the Center's web page and students and alumni can register to learn about jobs matching their qualifications, be part of the electronic employer referral services and create professional resumes using online help and resume tips.
   Students and alumni use the Career Center to interview with recruiters from business, industry, government and education who visit VCU.

 Admissions at a Glance   study in america

Minimum GMAT: no set minimum
Minimum GPA: no set minimum
Minimum TOEFL: 600 (pbt)
Application Fee:

Application Deadline:
MBA/MS: Apr 1/Jun 1 (fall), Nov 1 (spr), Mar 1 (sum); MTax/MA: Jul 15 (fall), Nov 15 (spr), Mar 15 (sum); PhD: Jan 1 (fall)

 Employment Profile   study in america

# of Recruiters on Campus:
Graduates Employed:
Within 90 days: 95%
Within 6 months:
Within 1 year:
Average Starting Salary:

 % of Students in Management Levels   study in america

Upper Middle:

 Employment by Field   study in america


 Annual Expenses (in US$)   study in america

In-State Tuition: $7,751 (fast track: $37,500/$26,000)
Out-of-State Tuition: $17,742
International Tuition: $17,742
Books & Materials:
Health Insurance:

 International Student Profile   study in america

# students in program
% enrolled

 Countries of Origin:   study in america

 Faculty Profile   study in america

# of Faculty: 95
% of Faculty with Doctoral Degree: 85%

 Program Facts   study in america

Year Program Founded:
Length of Program:
Degrees: MBA, MAcct, MTax, MS, MA, PhD
Program Entry:
Study Options:

 Concentrations:   study in america

Finance; Decision Science; Global Marketing Management; Economics; Information Systems; Real Estate; Human Resource Management

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