10 Most Affordable Online Business Degrees in Virginia (2025)

If you're a working professional living in Virginia and would like to earn (or finish) your bachelor's degree in business, the state's universities offer you many options.

Earning an affordable business degree online is entirely possible through either a full four-year program or a two-year degree completion program. Read on to find out more about affordable business degrees in Virginia.

List of Virginia Affordable Business Degrees Online

1. Averett University

At Averett University, you could complete your bachelor's degree in two years or less. The university offers an online Bachelor of Science in Business Administration (BSBA) in your choice of:

• management science
• small business and entrepreneurship
• hospitality management and tourism

Tuition is $480 per credit hour, with a 25% discount for active military, veterans, and families.

2. Eastern Mennonite University

Eastern Mennonite University is home to an online degree completion program in leadership and organizational management.

Requiring 39 credit hours, it takes 20 months for those with all the prerequisites. Synchronous online courses meet one evening per week for four hours.

Applicants would need to transfer at least 60 credits from an accredited technical, community, or four-year college.

The university will also assess your relevant life-learning or work experiences. You should be currently employed or involved with an organization that provides you with opportunities to enhance the learning outcomes of the program.

Tuition per credit hour is $455. Financial aid is available.

3. George Mason University

You could earn an online Bachelor of Science in Business from George Mason University through either a full degree program or a degree-completion program.

You would have your choice of eight concentrations: accounting, business analytics, finance, financial planning and wealth management, management information systems, marketing, and operations and supply chain management.

Transfer credits are accepted. Tuition is $577.25 per credit hour for in-state residents. Financial aid is available using the FAFSA form.

4. Hampton University

A historic college first established as a school for freed slaves (an HBCU), Hampton University now serves students from diverse backgrounds.

Its online Bachelor of Science in Business Management targets adult learners to help them compete successfully in the global employment market.

Tuition is $300.00 per credit hour. Financial aid at the federal, state, and university levels is available by filing a FAFSA application.

A distinctive scholarship for adult learners, the OSHER Reentry Scholarship funds eligible students 25-50 years of age whose collegiate studies were interrupted and who now wish to complete a bachelor's degree.

5. Mary Baldwin University

Mary Baldwin University offers an online Bachelor of Arts or Bachelor of Science in Business.

Courses in the business school all share a focus on sustainability, integrating 'people, planet, and profit' into all aspects of the strategic decision-making process.

The tuition per semester hour is $460. The school offers generous financial aid packages, scholarships, and the transfer of credits from previous coursework or relevant work and life experiences.

6. Norfolk State University

The business school at the Historically Black University (HBCU) Norfolk State University offers two online degrees, each of which requires 121 credits. Both emphasize management, marketing, operations, and accounting:

• Bachelor of Science in Business with a concentration in management information systems
• Bachelor of Science in Tourism and Hospitality Management

Tuition and fees for off-campus Virginia residents are $450 per credit hour for part-time students, with a block tuition of $4955 per semester for those enrolling in 12-18 hours. An extra fee may apply for online coursework.

Scholarships are available for business degree students who show high promise and/or demonstrate a need for financial assistance.

7. Old Dominion University

You can earn a Bachelor of Science in Business Administration (BSBA) online through Old Dominion University's Strome College of Business. Options are available for a full degree or a degree completion program. (Transfer students must enroll in at least 30 credits at ODU.)

For the BSBA, you may choose a concentration in accounting, business analytics, economics, finance, information systems & technology, management, marketing, real estate, or risk management & insurance.

Since ODU is located in an area with many active military families, the determination of domicile and residency for tuition becomes a bit complex. Domicile in Virginia must be established 12 months before the first day of class.

Active-duty military, activated guard or reservist members, or guard or reservist members mobilized or on temporary active orders for six months or more, who are residing in Virginia, are eligible for the in-state tuition rate.

The cost per credit hour for Virginia residents (with Virginia domicile) is $393.

8. University of Mary Washington and Germanna Community College

A partnership between Germanna Community College and the University of Mary Washington enables students to earn their Associate of Arts or Science degree in business administration plus a Bachelor of Science in Business Administration online in as little as two and a half years.

This fast-track program, called 'College Everywhere,' enables students to have a streamlined transition from their Germanna CC associate degree to a bachelor's degree from Mary Washington.

In-state tuition for the Germana CC online courses is only $169 per credit, while the UMW in-state tuition is $345 plus a comprehensive fee of $163 for a total at UMW of $508 per credit hour.

9. University of Virginia, Wise

The University of Virginia campus in the southwestern part of the state at Wise offers an online bachelor's degree in business administration with a flexible curricular pathway that's open to transfer students who are seeking degree completion.

Coursework in the UVA-Wise business program includes financial and managerial accounting, quantitative analysis and methods, principles of management, marketing, and finance, macro- and microeconomics, and strategic management, among others.

Tuition for in-state students is only $263 per credit hour (or $11,780 per year, full-time). Financial aid is available.

10. Virginia Wesleyan University

Virginia Wesleyan University is home to a 'flexible but rigorous' online Bachelor of Arts in Business degree with concentrations in marketing or supply chain management. Here, you will gain skills in business operations, finance, entrepreneurship, marketing, and health services management.

The total degree requires 128 credit hours, with 56 credit hours in the major. If you transfer an associate degree or at least 60 credits, you may be able to complete your degree in one to two years. The tuition cost per credit hour is $399. Financial aid is available.

How Much Does an Online Business Degree Program Cost?

Your total cost will depend upon whether you need to earn a full degree (usually 120 credit hours) or to complete a degree after having previously earned college credit.

Most schools provide costs per credit hour, although some provide less expensive block tuition for those attending full time. Among the universities listed above, the tuition costs range from $263 to $577 per credit hour.

When pricing colleges, be sure to also look at required fees, which can add substantially to your bill.

How To Pay for an Online Business Degree

To pay for your online degree, you have many options. Be sure to consult with a financial aid officer at the school you would like to attend.

• See if your school offers low-interest (or no-interest) tuition payment plans
• Apply for financial aid through the federal FAFSA form to qualify for loans, grants, and scholarships.
• See if your employer provides tuition assistance for funding to enhance your professional knowledge and skills.
• Find out if you qualify for tuition discounts based on your past experiences, such as being a veteran, active military, in law enforcement, or a civil servant.

Is an Online Business Degree Worth It?

Investing in earning a business degree online will definitely increase your chances for career advancement and a higher salary.

Find an Online Business Degree Program in Virginia Today

Virginia is a state that is brimming with opportunities for affordable online business degrees. Explore the options above and see which one might be the best one for you.