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2022 Best Value Bachelor’s Degree Colleges for Business Economics in Virginia

8 Ranked Colleges
173 Degrees Awarded
$23,600 Avg Net Price*
Best Value Business Economics Schools for a Bachelor's in Virginia

It’s not easy to decide which college to attend when there so many options available for students. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Business Economics Schools for a Bachelor’s in Virginia” ranking - to help you make that decision.

In 2019-2020, 6,169 people earned their degree in business economics, making the major the 121st most popular in the United States.

Across Virginia, there were 201 business economics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 173 business economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Business Economics Schools for a Bachelor’s in Virginia” ranking analyzed 8 colleges that offered a degree in business economics. This ranking identifies schools with high-quality business economics programs that also have a lower cost than schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the business economics program at the school. Check out our ranking methodology for more information.

More Ways to Rank Business Economics Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Business Economics Schools for a Bachelor’s in Virginia” list to help you make the college decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Business Economics Schools for a Bachelor’s in Virginia

The following schools top our list of the Best Best Value Business Economics Schools for a Bachelor’s in Virginia.

Top 8 Best Value Bachelor’s Degree Colleges for Business Economics in Virginia

#1

Virginia Tech

Blacksburg, Virginia
#1 in overall quality

You’ll join some of the best and brightest minds around if you attend Virginia Tech. The school came in at #1 for the Best Value Business Economics Schools for a Bachelor’s in Virginia. Virginia Tech is a public institution located in Blacksburg, Virginia. The school has a large population, and it awarded 7 bachelors’s degrees in 2019-2020.

In addition to being on our virginia bachelor’s degree business economics students list, Virginia Tech has also earned the #1 rank in our “Best Business Economics Bachelor’s Degree Schools in Virginia” ranking. The yearly cost to attend Virginia Tech is $21,198 for Virginia Bachelor’s Degree Business Economics students.

The school has an impressive student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Read more about Business Economics at Virginia Tech

#2

James Madison University

Harrisonburg, Virginia
#2 in overall quality

You’ll be in good company if you decide to attend James Madison University. It ranked #2 on our 2022 Best Value Business Economics Schools for a Bachelor’s in Virginia list. This large school is located in Harrisonburg, Virginia, and it awarded 11 bachelors’s business economics degrees in 2019-2020.

JMU also took the #2 spot in our “Best Business Economics Bachelor’s Degree Schools in Virginia” ranking. The yearly cost to attend James Madison University is $22,169 for virginia bachelor’s degree business economics students.

Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%.

Read more about Business Economics at JMU

#4 in overall quality

Out of the 8 schools in the Best Value Business Economics Schools for a Bachelor’s in Virginia that were part of this year’s ranking, Virginia Commonwealth University landed the #3 spot on the list. VCU is a large public school situated in Richmond, Virginia. It awarded 50 bachelors’s business economics degrees in 2019-2020.

VCU also took the #4 spot in our “Best Business Economics Bachelor’s Degree Schools in Virginia” ranking. The yearly cost to attend Virginia Commonwealth University is $22,021 for virginia bachelor’s degree business economics students.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Read full report on Business Economics at Virginia Commonwealth University

#4

Old Dominion University

Norfolk, Virginia
#7 in overall quality

You’ll join some of the best and brightest minds around if you attend Old Dominion University. The school came in at #4 for the Best Value Business Economics Schools for a Bachelor’s in Virginia. This large school is located in Norfolk, Virginia, and it awarded 14 bachelors’s business economics degrees in 2019-2020.

Old Dominion also took the #7 spot in our “Best Business Economics Bachelor’s Degree Schools in Virginia” ranking. It costs about $16,493 for Virginia Bachelor’s Degree Business Economics students per year to attend Old Dominion University.

Full Old Dominion Business Economics Report

#5

Virginia State University

Petersburg, Virginia
#8 in overall quality

You’ll be in good company if you decide to attend Virginia State University. It ranked #5 on our 2022 Best Value Business Economics Schools for a Bachelor’s in Virginia list. Petersburg, Virginia is the setting for this small institution of higher learning. The public school handed out bachelors’s business economics degrees to 1 students in 2019-2020.

Virginia State not only placed well in this ranking. It is also #8 on our “Best Business Economics Bachelor’s Degree Schools in Virginia” list. The yearly cost to attend Virginia State University is $16,970 for Virginia Bachelor’s Degree Business Economics students.

Read more about Business Economics at Virginia State University

#6

Hampton University

Hampton, Virginia
#6 in overall quality

Hampton University came in at #6 in this year’s edition of the Best Value Business Economics Schools for a Bachelor’s in Virginia ranking. This small school is located in Hampton, Virginia, and it awarded 6 bachelors’s business economics degrees in 2019-2020.

In addition to being on our virginia bachelor’s degree business economics students list, Hampton has also earned the #6 rank in our “Best Business Economics Bachelor’s Degree Schools in Virginia” ranking. It costs about $31,307 for virginia bachelor’s degree business economics students per year to attend Hampton University.

Full Hampton Business Economics Report

#7

Shenandoah University

Winchester, Virginia
#5 in overall quality

Shenandoah University ranked #7 on this year’s Best Value Business Economics Schools for a Bachelor’s in Virginia list. Shenandoah is a private not-for-profit institution located in Winchester, Virginia. The school has a small population, and it awarded 9 bachelors’s degrees in 2019-2020.

Shenandoah did well in our major quality rankings, too. It placed #5 on our “Best Business Economics Bachelor’s Degree Schools in Virginia” list. It costs about $27,124 for Virginia Bachelor’s Degree Business Economics students per year to attend Shenandoah.

Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 3.9%, which is quite low when compared to the national default rate of 10.1%.

Read more about Business Economics at Shenandoah University

#8

Hampden - Sydney College

Hampden-Sydney, Virginia
#3 in overall quality

With a ranking of #8, Hampden - Sydney College did quite well on the 2022 Best Value Business Economics Schools for a Bachelor’s in Virginia list. Hampden - Sydney College is a private not-for-profit institution located in Hampden-Sydney, Virginia. The school has a small population, and it awarded 69 bachelors’s degrees in 2019-2020.

Hampden - Sydney also made our “Best Business Economics Bachelor’s Degree Schools in Virginia” list, coming in at #3. The yearly cost to attend Hampden - Sydney is $31,227 for Virginia Bachelor’s Degree Business Economics students.

With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low student loan default rate of 4.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Business Economics at Hampden - Sydney College

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Notes and References

References

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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