With an overall population of 27,152 and a student population of 16,268, approximately 16,268 of Richmond students attend one of Richmond's schools that offer business administration programs.
Richmond's largest business administration school is Eastern Kentucky University. In 2010, Eastern Kentucky University graduated approximately 31 students with credentials in business administration.
In 2010, 35 students graduated with a business administration degree from one of Richmond's business administration schools. If you decide to attend one of Richmond's business administration schools, you can expect to pay an average of $15,592 per year in instate tuition and $26,560 per year in out of state tuition.
In addition to tuition costs, plan on spending an average of $1,000 for business administration related books and supplies each year. And if you live on campus at one of the Richmond-based business administration schools, you will have an added expense of $6,020 per year, on average, for room and board. Students who live at home can cut this cost down to approximately $0.
If you plan on staying in Richmond after graduating from business administration school, you should know that job prospects for general managers in Richmond, which is the most popular business administration profession, are not very good. In 2010, of the 24,230 general managers in Kentucky, 2,270 were working in the greater Richmond area. By the year 2018, the number of general managers is expected to decrease by -3% in Richmond. This anticipated change is slower than the projected nationwide trend for general managers.
The average salary you can expect to earn as a general manager in Richmond is $68,730 per year, which is lower than the average for general managers state-wide.