Virginia Commonwealth University

USA
2 Scholarships 125 Programs 3 Degree levels
Masters

Master's in Business

DegreeMasters
FieldBusiness/Managerial Economics.
C

Cost & earnings at Virginia Commonwealth University What students borrow here, and what they go on to earn

You borrow $21,500 median federal debt
You repay $244/mo over 10 years
Graduates earn $58,128 10 yrs after entry
Debt clears in 1.2 yrs of the salary premium
US Department of Education figures See the full breakdown →
B

Economics graduates earn a median $64,290 Across 251 US programmes, two years after finishing

See the degree grade →

This master's-level programme combines core business training with applied economics to prepare students for quantitative and policy-focused roles in the public and private sectors. It suits graduates with a quantitative aptitude who want to apply economic theory, data analysis and business insight to decision-making, consulting or further academic study.

What you'll study

The programme blends graduate-level economics with business-oriented coursework to develop analytical and quantitative skills. Core topics typically include microeconomic and macroeconomic theory at the advanced level, applied econometrics and forecasting, managerial and industrial organisation economics, and cost–benefit and policy analysis. Students also study quantitative methods such as time-series analysis, regression techniques and optimisation, and learn to use statistical and data-visualisation software commonly used by economists and business analysts.

Structured curricula usually combine required courses with elective options drawn from economics, finance, business analytics and public policy, allowing students to tailor the degree toward industry, government or research. Typical elective themes include financial economics, labour economics, environmental and resource economics, international trade, and data analytics for business. Many programmes include a capstone project, practicum or thesis option in which students apply econometric and economic modelling skills to a real-world problem.

Entry requirements

Applicants are normally expected to hold a recognised bachelor’s degree. Admissions committees look for evidence of quantitative ability—prior coursework in calculus, statistics and intermediate economics is an advantage. Typical application materials include academic transcripts, a personal statement outlining professional and academic goals, one or more letters of recommendation, and a résumé or CV.

Professional experience can strengthen an application, particularly for candidates coming from industry or government. International applicants must demonstrate English language proficiency through an accepted test unless exempt. Some programmes may request GRE or GMAT scores, particularly where undergraduate preparation in economics or quantitative methods is limited; candidates should check the specific requirements of the programme.

Career prospects

Graduates are prepared for roles that require economic reasoning and quantitative analysis. Common entry-level and mid-career job titles include economic analyst, policy analyst, business or management consultant, financial analyst, market research analyst, pricing analyst and data analyst. Employers include government agencies, central banks, consulting firms, financial institutions, non-governmental organisations, industry associations and large corporations.

The programme also provides a pathway to doctoral study for students interested in academic or advanced research careers. Practical components—such as capstone projects, internships or industry collaborations—help graduates demonstrate applied skills to prospective employers.

Why study at Virginia Commonwealth University

Virginia Commonwealth University is a public research university located in Richmond, a city with a diverse economy and a strong presence of financial, governmental and nonprofit organisations. Studying at VCU provides access to faculty with applied research experience, interdisciplinary collaboration across business, public policy and analytics, and connections to regional employers for internships and projects.

VCU emphasises experiential learning and practical skills development, including training in statistical and econometric software and opportunities to work on real-world consulting or policy analysis projects. Students benefit from campus career services, industry engagement events, and the cultural and professional networks of the Richmond metropolitan area.

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Programme details are indicative and may change — always verify current information with the official university website before applying.