MBA Programs in Virginia
Virginia scored No. 1 when it comes to top states in the U.S. to do business, according to a 2011 study by CNBC. Catapulting the state to the top were reasons such as a friendly business climate, diverse economy, low cost of doing business and increased efforts to improve education. Recent graduates of MBA schools in Virginia could find this news promising and begin to look for ways to use their skills in the state. Additionally, graduates could seek employment with any of the 20 Fortune 500 companies located in Virginia or with some of the state's largest employers. These large employers include the Heart & Vascular Institute and University of Virginia Neurological Surgery. Just think of the benefits to a professional who graduated from a health administration or management MBA program in Virginia.
Table of Contents:
- Norfolk, Richmond and Virginia Beach Offer Opportunities for Virginia MBA Graduates
- Alexandria MBA Programs and Business Schools
- Richmond MBA Programs and Business Schools
Richmond, the state capital, is home to five of the state's Fortune 500 businesses. These include insurance bigwig Genworth Financial and utilities provider Dominion Resources. The unemployment rate in Richmond is 7.1 percent. Another location where graduates of business schools in Virginia could look for job leads is in the Norfolk and Virginia Beach area. Two Fortune 500 companies are located there and include health care provider Amerigroup and railroad Norfolk Southern. The unemployment rate in the area is 7.0 percent. Graduates of MBA programs in Virginia could find a number of ways to put their skills to work, especially in cities where successful businesses are already located.
Much of the business in Alexandria is defined by the Virginia city's close proximity to the nation's capital. Just minutes away from downtown Washington, D.C., nearly a quarter of Alexandria's workforce is employed by a public or government agency, according to the Alexandria Economic Development Partnership. Alexandria is also home to a growing base of high-technology firms, management consulting companies and professional services. Private businesses thriving in Alexandria include Inova Alexandria Hospital, which serves more than 50,000 patients annually; ABM Industries; and major accounting firm Grant Thornton LLP.
Education is also important in Alexandria. Numbers from the AEDP show that nearly 60 percent of all adults in the city hold a bachelor's degree and 27 percent of residents have a graduate or professional degree. If you're considering a management job in any of the area's top industries, MBA programs in Alexandria could offer the stepping stone you need to pursue an advanced career.
When most business school grads are looking for work, major metro areas like New York City, Los Angeles and Chicago are given top consideration. But according to Forbes, they just might be going about it the wrong way. Smaller metropolitan areas, like Richmond, seem to be the best places for new MBA-holding professionals. The Virginia capital in particular has a lot to offer, thanks to its growing economy and low cost of living. In 2006, Forbes ranked Richmond as the No. 6 best city in the country to get a job. It's easy to see why: A number of industries thrive there, including law, finance and life science. Additionally, the city is home to one of the nation's 12 Federal Reserve banks.
The growing Virginia Bio-Technology Research Park also offers grads of Richmond MBA programs opportunities for hot management jobs. Firms doing business in the park include both early and mid-stage companies; multinational pharmaceutical, environmental and consumer product companies; national health care organizations, as well as a number of international companies. Additionally, a diverse group of Fortune 500 companies are based in Richmond, including Altria Group, CarMax, Dominion Resources, Genworth Financial, and MeadWestvaco. If you're considering a management job, MBA programs in Richmond can help you discover the essential backing needed to pursue an advanced career.